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ACPL FY26 profit jumps 97%

ACPL Attock Cement Pakistan Limited
Rs. 229.75 -0.11%

August 11, 2026 (MLN): Attock Cement Pakistan Limited (PSX: ACPL) reported a massive 97% increase in its net profit for the fiscal year ended June 30, 2026, nearly doubling its bottom line to Rs3.42bn compared to Rs1.73bn in the preceding year.

Reflecting this explosive profitability, the company's basic and diluted earnings per share (EPS) nearly doubled, jumping to Rs24.86 from Rs12.60 in FY25.

The primary driver of the stellar financial performance was a strong top-line expansion combined with a sharp reduction in debt servicing costs.

ACPL’s revenue from contracts with customers surged by 33% year-on-year to reach Rs44.32bn, up from Rs33.31bn.

Although the cost of sales grew by 27% to Rs32.23bn, revenue generation significantly outpaced direct production cost increases, allowing gross profit to expand by a robust 52% to settle at Rs12.09bn compared to Rs7.97bn in FY25.

On the operational front, overheads expanded to support higher market activity and sales volume. Distribution costs jumped by 43% to Rs5.08bn, while administrative expenses rose 13% to Rs1.12bn.

Other operating expenses also saw a sharp increase, doubling to Rs366.24m. Combined with a 48% decline in "other income" (which fell to Rs746.77m from Rs1.43bn), operating overheads moderated margin gains, leaving profit from operations up by 34% at Rs6.27bn.

Below the operating line, ACPL found a major financial booster through aggressive debt reduction and lower financing charges.

Finance costs plummeted by 45%, dropping to Rs1.02bn from Rs1.84bn in FY25. Supported by this interest cost relief and a small Rs21.06m gain on the disposal of an associate, the profit before income tax surged by 85% to reach Rs5.28bn.

The company absorbed a 65% higher income tax expense of Rs1.86bn for the year (up from Rs1.13bn). Despite the higher tax impact, Attock Cement Pakistan Limited securely closed the fiscal year with a 97% leap in final net profit, settling at Rs3.42bn.

STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2026 (Rs.000)

Description

2026

2025

change %

Revenue from contracts with customers

44,324,642

33,309,080

33.1%

Cost of sales

(32,231,789)

(25,336,268)

27.2%

Gross profit

12,092,853

7,972,812

51.7%

Distribution costs

(5,080,616)

(3,563,371)

42.6%

Administrative expenses

(1,121,237)

(988,317)

13.4%

Other expenses

(366,237)

(180,835)

102.5%

Other income

746,771

1,433,449

-47.9%

Profit from operations

6,271,534

4,673,738

34.2%

Gain on disposal of associate

21,058

4,320

387.5%

Finance cost

(1,015,302)

(1,837,678)

-44.8%

Share of net income of associate

-

16,368

Profit before income tax

5,277,290

2,856,748

84.7%

Income tax expense

(1,861,023)

(1,125,657)

65.3%

Profit for the year

3,416,267

1,731,091

97.3%

Basic and diluted earnings per share (Rs.)

24.86

12.6

97.3%