Thatta Cement reports FY2026 results; proposes Rs. 0.50 dividend for minority shareholders and EV business investment
Financial ResultThatta Cement’s consolidated FY2026 net sales and operating profit increased year on year, while profit attributable to the holding company’s shareholders and EPS declined. The company recommended a Rs. 0.50 per-share cash dividend for minority shareholders only. The board also approved an investment in a wholly owned subsidiary to enter the electric-vehicle business, initially importing vehicles from China.
Payout
- Final cash dividend Rs 0.50 per share · Book closure 19/11/2026 to 27/11/2026
Key Findings
- Consolidated net sales increased to Rs. 11.931 billion from Rs. 9.444 billion, and operating profit rose to Rs. 3.925 billion from Rs. 3.641 billion.
- Profit attributable to equity holders of the holding company fell to Rs. 2.034 billion from Rs. 2.396 billion; consolidated EPS declined to Rs. 4.80 from Rs. 5.66.
- A cash dividend of Rs. 0.50 per share (25%) was recommended for minority shareholders; majority shareholders waived their dividend entitlement for the year.
- The board approved investment in a wholly owned subsidiary that will initially import completely built-up electric vehicles from China, with affordable mass-market vehicles as the intended focus.
- The AGM is scheduled for November 27, 2026 at 10:30 AM in Karachi; share transfer books will be closed from November 19 to 27, 2026.
Financial Performance
| Metric | PreviousYear ended June 30, 2025 | CurrentYear ended June 30, 2026 | Change |
|---|---|---|---|
| Sales - net | PKR 9.44B | PKR 11.93B | +26.3% |
| Gross profit | PKR 2.95B | PKR 3.85B | +30.3% |
| Operating profit | PKR 3.64B | PKR 3.92B | +7.8% |
| Profit attributable to equity holders of the Holding Company | PKR 2.4B | PKR 2.03B | -15.1% |
| Earnings per share - basic and diluted | 5.66 | 4.80 | -15.2% |
| Finance cost | PKR 202.72M | PKR 681.27M | +236.1% |
| Cash and bank balances | PKR 4.23B | PKR 1.8B | -57.5% |
| Long term financing | - | PKR 3.45B | - |
| Cash dividend per share for minority shareholders | - | Rs. 0.5 per share | - |
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
