Javedan Corporation Limited

Business Recorder reported on Javedan Corporation Limited (PSX: JVDC), which was incorporated in Pakistan in 1961 and later exited cement production in 2010. The company has since used its land to develop Naya Nazimabad, a scheme of commercial and residential sites, open plots and flats. As of June 30, 2026, the company had 380.86 million shares outstanding held by 7,812 shareholders, with associated companies and related parties holding 50.47 percent.

Revenue for 2026 rose 32.37 percent year on year to Rs9744.02 million, mainly from commercial plot sales. Third-party developers entered Naya Nazimabad with projects for the first time. Gross profit climbed 164.51 percent, and finance cost fell 54.94 percent as liabilities declined. Net profit reached Rs3863.636 million, giving EPS of Rs10.14 and a net margin of 39.65 percent, compared with Rs1564.934 million in 2025.

According to the report, the company expects sustained sales of commercial and residential plots and continued development in Naya Nazimabad to support performance. The listing of Naya Nazimabad Apartment REIT in September 2026 is expected to give JVDC another route to monetise its real estate assets and speed up project development.