Lucky Cement Reports Rs96.5bn Profit for FY26
* The company announces Rs5 final cash dividend for the year 2025-26
KARACHI: Lucky Cement Limited has reported a 14.2 per cent increase in consolidated profit after tax to Rs96.5 billion for the year ended June 30, 2026, compared with Rs84.5 billion in the same period last year.
The company’s Board of Directors on August 7, 2026 recommended a final cash dividend of Rs5 per share. No bonus or right shares were recommended.
Of the consolidated profit after tax, Rs89 billion was attributable to owners of the holding company, translating into earnings per share (EPS) of Rs60.78, up 15.7% from Rs52.53 in 2024-25. Consolidated profit before tax increased to Rs116.2 billion from Rs105.7 billion a year earlier.
The company attributed the improved profitability primarily to stronger performance from its local cement operations, along with contributions from its automobile subsidiary, Lucky Motor Corporation.
Revenue and profitability
Lucky Cement’s consolidated gross revenue increased 14.6% to Rs645.9 billion during 2025-26 from Rs563.6 billion in the previous year. Net revenue rose 13.7% to Rs516.4 billion.
Gross profit increased 3.3% to Rs131.3 billion, although the gross profit margin narrowed to 25.4% from 28% a year earlier, reflecting cost pressures despite higher sales volumes. Operating profit also increased 3.3% to Rs105.8 billion
Other income rose to Rs21 billion from Rs15.9 billion, while the company recorded Rs16.8 billion as its share of profit from joint ventures and associates, compared with Rs17.8 billion in the previous year.
Balance sheet strengthens
Lucky Cement’s consolidated total assets increased to Rs793.9 billion as of June 30, 2026, from Rs729.2 billion a year earlier.
Total equity rose to Rs473.9 billion from Rs388 billion, while reserves attributable to owners of the holding company increased to Rs425.6 billion.
Non-current liabilities declined to Rs150 billion from Rs163.5 billion, mainly due to a reduction in long-term financing, which fell to Rs102.6 billion from Rs117.6 billion.
Current liabilities also decreased to Rs170 billion from Rs177.6 billion. Cash stood at Rs8.9 billion at the end of 2025-26. However, cash and cash equivalents, including short-term placements, increased to Rs176.8 billion from Rs141.8 billion.
Short-term investments nearly doubled to Rs173.1 billion from Rs80.1 billion, indicating increased deployment of surplus liquidity.
Further investment in National Resources
The board also approved a proposal to make a further equity investment of up to Rs1.2 billion in National Resources (Private) Limited (NRL), an associated company in which Lucky Cement holds a 33.33% stake.
NRL is engaged in the exploration and mining of gold and copper and has reported a significant copper and gold mineralization discovery in its licensed area in Chagai, Balochistan.
The company is also continuing exploration activities across four other licensed areas.
The proposed investment will be used to finance pre-feasibility studies, including physical geology, drilling and mineral resource estimation.
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