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Safe Mix Concrete Limited

Business Recorder • • 1 min read

Safe Mix Concrete Limited

Business Recorder reported that Safe Mix Concrete Limited (PSX: SMCPL) lifted its net profit by 21.96 percent to Rs125.27 million in 2026. Net sales climbed 34.83 percent to Rs2227.39 million, which the report linked to stronger real estate and construction activity across the country. The report also said the company gained market share through competitive pricing, supported by operational efficiency and cost cuts.

Margins were under pressure, as gross margin slipped to 14.76 percent even though gross profit rose 28.25 percent in absolute terms. Fuel, energy and raw material costs kept climbing, and transport charges and supply chain disruption linked to the Middle Eastern crisis added to the strain. Administrative expense jumped 40.84 percent and distribution expense rose 151.60 percent, leaving operating margin at 10 percent and net margin at 5.62 percent.

The company is a member of the Arif Habib Group and supplies ready mix concrete for the group's Naya Nazimabad project. As of June 30, 2026, its 25 million shares were held by 1068 shareholders, with CEO Abdus Samad Habib holding 35.84 percent and Arif Habib Corporation Limited holding 27.63 percent. The report also reviews results from 2021 onward and flags geopolitical tensions and higher fuel and raw material prices as downside risks.

At a glance

  • Net profit rose 21.96 percent to Rs125.27 million in 2026, with EPS of Rs5.01.
  • Gross margin narrowed to 14.76 percent as fuel, energy and raw material costs kept rising.
  • Administrative expense rose 40.84 percent, while distribution expense jumped 151.60 percent.

Stocks in this story

Sectors:Cement

Originally reported by Business Recorder

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