FAUJI CEMENT COMPANY LIMITED
Fauji Towers, Block-III, 68 Tipu Road, Chaklala, Rawalpindi, Pakistan
Fax No E-mail Website
Case No To:
051-9280416
secretaryofficetofccl.com.pk https://http://www.fccl.com.pk SECY/FCCL/2037/08
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road, Karachi
Tel 051-9280075
Exchange 051-9280081-83
5763321-24
Date Aug 2025
Subject: Financial Results for the Year Ended June 30, 2025
Dear Sir,
The Board of Directors of Fauji Cement Company Limited (FCCL) in a meeting held at the Company's Head Office, Block-III, 68 Tipu Road, Chaklala, Rawalpindi today
i.e August 08, 2025 at 1415 hours, has recommended the following: -
Cash Dividend A final cash dividend for the year, which ended on 30'h June 2025 @ 12.50% i.e Rs 1.25 per ordinary share.
Bonus Shares Nil
Right Shares Nil
The Financial Results of the Company for the year ended June 30th 2025 are attached at Annexure 'A'. Key highlights of FY 2025 are given below: -
Company's dispatches during FY 2025 were recorded at 5.4 million tons compared to 5.1 million tons in SPLY; reflecting an increase of 6% (YOY).
During FY 2025, the Company earned net revenue of Rs 88,956 million compared to Rs 80,026 million during SPLY; marking a YoY increase of 11%.
The Gross Profit margin increased to 35% from 32% in SPLY. This improvement is mainly attributable to higher sales volume coupled with better prices and cost optimization initiatives taken by the Management. Increased usage of local coal and multiple alternative fuels, own production of PP bags, enhanced in-house power generation and significant reduction in interest rates helped reduce financial charges thus contributing to the overall performance.
The Company earned a Profit After Tax of Rs 13.3 Billion (FY 2024 - Rs 8.2 Billion)
Any Other Price Sensitive Information(Expansion of Polypropylene (PP) Baqs Manufacturing Plant). The Board also approved expansion of PP Bags
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Manufacturing Plant at Hattar to meet 100% in-house requirements of bags of the Company.
Annual General Meetinq
The 33'd Annual General Meeting (AGM) of the Company will be held at Pearl Continental Hotel, The Mall, Rawalpindi on 30th September 2025 (Tuesday) at 1500 hours.
The Share Transfer Books of the Company will remain closed from 24th September 2025 to 30'h September 2025 (both days inclusive).
C. Transfer of shares, received at the office of Company's Share Registrar, Mls Corplink (Pvt) Limited, Wings Arcade 1 - K, Commercial Model Town, Lahore, by close of business on 23rd September 2025, will be treated as in time for the purpose of attending the AGM.
The Annual Report of the Company will be transmitted through PUCARS at least 21 days before the holding of AGM and will also be available on the Company's official website at https://www.fccl.com.pk.
You may inform the members of the Exchange accordingly, please. With regards,
Yours Sincerely,
Brig Kashi Naveed
, Retd Secretary
Manager
Companies & Securities Compliance
Copy to:
Pakistan Stock Exchange Limited Pakistan Exchange Building, Stock Exchange Road, Karachi
Executive Director
Company Law Division
Corporatization and Compliance Department
Securities and Exchange Commission of Pakistan (SECP), NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad
Chief Compliance & Risk Officer
Central Depository Company of Pakistan Limited, CDC House 99-B Block B, S.M.C.H.S, Main Shahrah-e-Faisal, Karachi
Share Registrar & Corporate Consultant Mls Corplink (Pvt Limited
Wings Arcade, 1-K, Commercial, Model Town, Lahore
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FAUJI CEMENT COM. ANY LIMITED STATEMENT OF FINANCIAL POSITION | |||||||
AS AT JUNE 30, 2025 | |||||||
EQUITY & LIABILITIES | Note | 2025 Rupees'000 | 2024 Rupees'000 | ASSETS | Note | 2025 Rupees'000 | 2024 Rupees'000 |
EOUITY AND RESERVES | NON-CURRENT ASSETS | ||||||
Share capital | 5 | 24,528,476 | 24,528,476 | Property, plant and equipment | 17 | 109,579,089 | 110,845,663 |
Capital reserve - Premium on issue ot shares | 15,253,134 | 15,253,134 | Right of use asset | 18 | 126,445 | 131,165 | |
Revenue reserve - Accumulated profits | 44,490,598 | 33,617,243 | Intangible assets and goodwill | 19 | 10,533,667 | 10,745,700 | |
84,272,208 | 73,398,853 | Long tern deposits | 133,425 | 129,700 | |||
120,372,626 | 121,852,228 | ||||||
NON-CURRENT LIABILITIES | |||||||
Long term loans - secured | 6 | 24,208,633 | 29,908,287 | CURRENT ASSETS | |||
Employee benefits | 7 | 283,590 | 250,230 | ||||
Lease liabilities | 8 | 101,211 | 117,454 | Stores, spares and loose tools | 20 | 10,377,008 | 9,099,130 |
Deferred government grant | 9 | 1,647,630 | 2,164,959 | Stock in trade | 21 | 9,337,617 | 7,495,705 |
Deferred tax liabilities - net | 10 | 19,694,422 | 14,931,049 | Trade debts | 22 | 6,911,322 | 5,545,241 |
45,935,486 | 47,371,979 | Advances | 23 | 305,685 | 145,244 | ||
CURRENT LIABILITIES | Sales tax refundable - net | 526,868 | - | ||||
Loan from Parent - unsecured | 11 | 7,572,186 | 7,387,000 Trade deposits and short term prepayments | 24 | 57,182 | 35,696 | |
Trade and other payables | 12 | 3,934,508 | 6,108,790 Advance tax - net | 1,032,953 | |||
Accrued liabilities | 13 | 9,076,142 | 5,154,131 Other receivables | 25 | 48,492 | 280,071 | |
Security deposits payable | 14 | 570,602 | 545,487 Short term investments | 26 | 9,210,100 | 250,000 | |
Contract liabilities | 588,076 | 432,704 Cash and bank balances | 27 | Z,665,338 | 2,932,984 | ||
Unclaimed dividend | 41,182 | 35,646 | 40,472,565 | 25,784,071 | |||
Short term running finance - secured | 15 | 2,192,462 | 1,450,934 | ||||
Provision for tax - net | 56,810 | ||||||
Current portion of long term loans | 6 | 6,104,065 | 5,066,868 | ||||
Current portion of lease liability | 8 | 43,099 | 46,206 | ||||
Current portion of deferred government grant | 9 | 515,175 | 580,891 | ||||
30,637,497 | 26,865,467 | ||||||
TOTAL EouiTy AND LIABILITIES
CONTINGENCIES AND COMMITMENTS 16
160,845,191 147,636,299 TOTAL ASSETS
160,845,191 147,636,299
CHIEF EXECUTIVE OFFICER
DIRECTOR
CHIE INANCIAL OFFIC
The annexed notes 1 to 47 form an integral part of these financial statements
FAUJI CEMENT COMPANY LIMITED STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025 | |||
2025 2024 | |||
Note Rupees'000 Rupees'000 | |||
Revenue - net | 28 88,956,328 80,026,226 | ||
Cost of sales | 29 (57,384,978) (54,345,821) | ||
Gross profit | 31,571,350 | 25,680,405 | |
Other income | 30 | 760,772 | 540,373 |
Selling and distribution expenses | 31 | (2,935,139) | (3,285,923) |
Administrative expenses | 32 | (1,688,886) | (1,516,046) |
Other expenses 33 (1,479,276) (826,875) | |||
Operating profit | 26,228,821 | 20,591,934 | |
Finance cost | 34 | (5,772,132) | (5,536,298) |
Finance income | 35 | 1,068,831 | 299,318 |
Net finance cost | (4,703,301) | (5,236,980) | |
Profit before income tax and final tax | 21,525,520 | 15,354,954 | |
Final tax - levy 36 - (55,223) | |||
Profit before income tax | 21,525,520 | 15,299,731 | |
Income tax expense | 37 | (8,199,318) | (7,076,615) |
Profit for the year
Earnings per share - basic and diluted
13,326,202 8,223,116
Rupees
38 5.43
The annexed notes 1 to 47 form an integral part of these financial statements
CHIE EXECU E OFFICER
DIRECTOR CHIEF FINANCIAL OFFICER
Page 1 of 2
FAUJI CEMENT COMPANY LIMITED STATEMENT OP CASH FLOWS
FOR THE YEAR ENDED JUNE 30, 2025
Cash flows from operating activities
Profit before income tax and levy
Adjustments for:
2025 2024
Note Rupees'000 Rupees'000
21,525,520 15,354,954
Provision for employee benefits | 7 | 190,243 | 168,483 |
Workers' (Profit) Participation Fund including interest | 12.1 | 1,154,028 | 811,936 |
Depreciation on property, plant and equipment | 17.2 | 4,706,393 | 3,775,527 |
Depreciation on right of use asset | 18 | 51,313 | 70,487 |
Amortization on intangibles | 19 | 212,033 | 212,037 |
Spares write off during the year | 20.1 | 25,752 | (57,700) |
Gain on disposal of property, plant and equipment | 30 | (71,898) | (12,182) |
Gain on settlement of leases | 30 | (14,496) | |
Amortization of deferred grant | 30 | (583,045) | (428,391) |
Workers' Welfare Fund | 33 | 323,744 | 13,376 |
Finance cost excluding exchange loss and interest on WPPF | 34 | 5,763,163 | 5,576,797 |
Exchange loss / (gain) | 34 | 4,902 | (43,576) |
Investment and bank deposit income | (1,068,831) | (299,318) | |
10,693,301 9,787.476 | |||
Operating cash flows before working capital changes
Changes in
Stores, spares and loose tools Stock in trade
Trade debts Advances
Trade deposits and short term prepayments Other receivables
Long term deposits
Sales tax refundable - net Trade and other payables Accrued liabilities
Short term running finance - secured Security deposits payable
Contract liabilities
32,218,821 25,142,430
(1,303,630) | (1,030,249) | |
(1,841,912) | (383,378) | |
(1,366,081) | (1,972,796) | |
(160,441) | 220,987 | |
(21,486) | (10,856) | |
231,579 | 2,392 | |
(3,725) | ||
(1,245,819) | 2,539,802 | |
(1,784,646) | (1,217,997) | |
3,922,011 | 1,131,735 | |
1,324,000 | 600,000 | |
25,115 | 90,435 | |
155,372 | (152,105) |
(2,069,663) (182.030)
Cash generated from operating activities | 30,149,158 | 24,960,400 | |
Employee benefits paid | 7 | (133,659) | (113,619) |
Payment to Workers' (Profit) Participation Fund | 12.1 | (1,164,913) | (741,244) |
Payment to WWF | (11,670) | (88.253) |
Taxes / levy paid
Net cash generated from operating activities
(4,525,708) (1,732,677) 24,313,208 22,284,607
Brig Kashff Nawed
ruaatv Secrat•W Fsuji cer••nt Compa•Y
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2025 2024
Note Rupees'000 Rupees'O00
Cash flows from investing activities
Additions to property plant and equipment Short term investments - net
Proceeds from disposal of property, plant and equipment Income received against deposits and investments
Net cash used in investing activities Cash flows from financing activities
Repayment of long term loans
Long term loans received during the year Lease payments
Dividend paid during the year Markup paid on loan from parent Finance cost paid
Net cash used in financing activities
17.1
(3,477,647) | (8,478,876) |
(8,944,969) | |
109,726 | 21,522 |
1,053,700 | 299,318 |
(11,259,190) (8,158,036)
(4,657,115) | (2,053,004) |
644,239 | |
(75,315) | (77,816) |
(2,447,311) | (355) |
(553,514) | |
(5,005,937} | (6,993,060) |
(12,739,192) (8,479,996)
Net (decrease) I increase in cash and cash equivalents Cash and cash equivalents at beginning of the year Cash and cash equivalents at end of the year
314,826 5,646,575
1,996,550 (3,650,025)
39 2,311,376 1,996,550
CHIEF F ANCIAL FFI ER
The annexed notes 1 to 47 form an integral part of these financial statements.
CHIEF EXECUTIVE OFFICER DIRECTOR
FAUJI CEMENT COMPANY LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED JUNE 30, 2025
Balance at July 1, 2023
Total comprehensive income for the year Profit for the year
Other comprehensive income for the year
Share capital Capital reserve Revenue reserve Total Ordinary shares Premium on Accumulated
issue of shares proflts
8,223,116
- -------- -------------------------Rupees'000------•------------------------------------24,528,476 15,253,134 25,394,127 65,175,737
Total comprehensive profit for the year
8,223,116
8,223,116
Balance at June 30, 2024
Balance at July 1, 2024
Total comprehensive income for the year Profit for the year
Other comprehensive income for the year Total comprehensive income for the year
Transactions with owners of the Company Distributions:
Final dividend 2024 @ Rs. 1.00 per share
24,528,476 _ _15,253,134 7,243 73 398.85 24,528,476 15,253,134 33,617,243 73,598,853
13,326,202
13,326,202 13,326,202
(2,452,847) (2,452,847)
Balance at June 30, 2025 24.528,476 15,253 3 44,490,598 84,272,a
NCfAL
The annexed notes 1 to 47 form an integral part of these financial statements.
CHIEF EXECUTIVE OFFICER DIRECTOR