Nov. 11, 2025
Group Information
ANS Capital (Pvt.) Ltd.
Ultra Properties (Pvt.) Ltd.
Company Information
Kohat Cement Company Limited (KCCL) is a public limited company incorporated in Pakistan under the Companies Act, 1913 (now Companies Act, 2017) and is listed on Pakistan Stock Exchange.
The company is engaged in production and sale of Cement and it is one of the leading
cement manufacturers of Pakistan.
Total Clinker production capacity of the company is 5,022,600 (FY2024: 4,949,800) metric tons.
Company History 19832005 2008 2020
Line II Line IVLine I Line III
1,000 TPD
Enhanced to
1,800 TPD (1996)
450 TPD
(White Cement)
6,700 TPD
Enhanced to 7,064 TPD (2024)
7,428 TPD
Our Products
OPC- Grey Cement OPC- Precast Cement OPC- Composite Cement OPC- White Cement
Cement Industry | ||||||
Capacity Utilization | 54.7% | 54.1% | 1.0% | 57.5% | 49.1% | 17.1% |
Local | 43.8% | 45.6% | -4.1% | 45.3% | 38.9% | 16.5% |
Export | 10.9% | 8.5% | 28.2% | 12.2% | 10.2% | 19.5% |
Kohat Cement | ||||||
Dispatches | 2,328,338 | 2,585,786 | -10.0% | 702,887 | 591,620 | 18.8% |
Local | 2,307,444 | 2,543,930 | -9.3% | 653,461 | 579,702 | 12.7% |
Export | 20,894 | 41,856 | -50.1% | 49,426 | 11,918 | 314.7% |
Capacity Utilization | 46.4% | 52.2% | -11.3% | 55.9% | 47.1% | 18.6% |
Local | 45.9% | 51.4% | -10.6% | 52.0% | 46.2% | 12.7% |
Export | 0.4% | 0.8% | -50.8% | 3.9% | 0.9% | 314.7% |
FY2025 | FY2024 | YoY |
1QFY2026 | 1QFY2025 | YoY |
Sales - Net | 37,536 | 38,648 | -2.9% | 10,287 | 10,084 | 2.0% |
Cost of Sales | 22,814 | 27,391 | -16.7% | 6,800 | 5,770 | 17.8% |
Gross Profit | 14,722 | 11,256 | 30.8% | 3,488 | 4,314 | -19.1% |
GP Margin | 39.2% | 29.1% | 33.9% | 42.8% | ||
Distribution Cost | 41 | 38 | 7.0% | 10 | 10 | 0.0% |
Selling Expense | 185 | 159 | 16.1% | 38 | 36 | 5.6% |
Administration Expenses | 696 | 488 | 42.5% | 181 | 181 | 0.0% |
Other Expenses | 984 | 570 | 72.7% | 200 | 282 | -29.1% |
Total Operating Expenses | 1,906 | 1,255 | 51.8% | 429 | 509 | -15.7% |
Operating Profit | 12,816 | 10,001 | 28.1% | 3,059 | 3,805 | -19.6% |
34.1% | 25.9% | 29.7% | 37.7% | |||
Other Income | (5,281) | (4,452) | 18.6% | (1,467) | (1,471) | -0.2% |
Finance Cost | 350 | 677 | -48.3% | 40 | 116 | -65.7% |
Profit before Taxation | 17,747 | 13,776 | 28.8% | 4,486 | 5,159 | -13.0% |
Taxation | 6,172 | 4,883 | 26.4% | 1,542 | 1,721 | -10.4% |
Average Effective Tax Ratio | 34.8% | 35.4% | 34.4% | 33.4% | ||
Profit after Tax | 11,575 | 8,893 | 30.2% | 2,944 | 3,439 | -14.4% |
30.8% | 23.0% | 28.6% | 34.1% | |||
Earning Per Share | 11.97 | 9.06 | 3.20 | 3.51 |
PKR Million | FY2025 | FY2024 | YoY |
1QFY2026 | 1QFY2025 | YoY |
Net Revenues (PKR Bln)
FY2025
38.65
37.53
FY2024
11,575
30.2%
8,893
PAT (PKR Mln)
2.9%
FY2025
11.25
14.72
FY2024
Gross Profit (PKR Bln)
30.8%
FY2024 FY2025
FY2024
FY2025
15.63
19.36
EBITDA (PKR Bln)
FY2024
FY2025
9.06
11.97
EPS (PKR)
23.8%
Net Revenues (PKR Bln)
FY2025
10.08
10.28
FY2024
PAT (PKR Mln)
3,439
14.4%
2,944
2.0%
FY2024
FY2025
4.31
3.48
Gross Profit (PKR Bln)
19.1%
1QFY25 1QFY26
FY2024
FY2025
5.58
4.83
EBITDA (PKR Bln)
FY2024
FY2025
3.51
3.20
EPS (PKR)
13.4%
FY2025 1QFY26
Retention vs COS / Ton Retention vs COS / Ton10,593
9,798
14,946
16,
9,753
9,674
14,636
COS
Retention
121
17,044
Power Mix
9.60%
22.60%
22.50%
00%
Power Mix
FY2024
28.20%
12.00%
15.90%
6.90%
28.20%
Power Mix FY2025
5.
44.30%
Power Mix 1QFY26
Power Mix 1QFY25
31.60%
36.10%
29.90%
42.20%
31.10%
33.90%
Fuel Mix
50.60%
Fuel Mix FY2025
72.70%
50.80%
30.54%
Fuel Mix 1QFY25
Fuel Mix
1QFY26
49.20%
Fuel Mix
FY2024
69.46%
49.40%
27.30%
Company has set up 15.34 MW Solar Power Plant.
The Company is in process to increase the solar power generation upto 20 MW.
The Company is setting up
~28.5MW Coal Fired Power Plant at Company's Plant site.
The contractors have been engaged and installation & commissioning is expected to conclude by the end of FY2026.
The infrastructure development is in progress at Greenfield Cement Production Line in Khushab.
Import of Plant and Machinery shall be finalized once the sustained improvement in domestic cement demand, combined with the uplift in the construction sector, materializes.
Future Outlook
The first quarter of FY26 has already reflected an 18% growth in nationwide cement dispatches, signaling a broader recovery in infrastructure development and housing activity. With fiscal discipline, stable exchange rates, and improving investor sentiment, overall market fundamentals are expected to remain supportive.
Pricing pressures may continue in the short term due to competitive dynamics and excess industry capacity. However, these are expected to ease gradually as market equilibrium is restored.
Question & Answer
Disclaimer
THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT.
This presentation has been prepared by Kohat Cement Company Limited ("Kohat Cement") solely for information purposes. No representation or warranty, express or implied, is made thereto, and no reliance should be placed on the fairness, accuracy, sufficiency, completeness, or correctness of the information or any opinion contained herein or any opinion rendered thereto. The information contained in this presentation should be considered in the context of the circumstances prevailing at the time and will not be updated to reflect any developments that may occur after the date of the presentation. Neither Kohat Cement nor any of its affiliates, officials, advisors, associates, employees, or any person working for, under, or on behalf, shall have any responsibility and/or liability of any nature whatsoever (in contract or otherwise) for any loss whatsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation.
This presentation does not constitute or form part of a prospectus, offering circular, or offering memorandum or an offer, solicitation, invitation, or recommendation to purchase or subscribe for any securities, and no part of it shall form the basis of, or be relied upon in connection with, or act as any inducement to enter into any arrangement, agreement, contract, commitment, or investment decision in relation to any securities. This presentation shall not at all be intended to provide any disclosure upon which an investment decision could be made. No money, securities, or other consideration is being solicited, and, if sent in response to this presentation or the information contained herein, will not be accepted.
The presentation may contain statements that reflect Kohat Cement's own beliefs. These information are based on a number of assumptions, which are beyond Kohat Cement's control. Such information represent, in each case, only one of many possible scenarios and should not be viewed as the most likely or standard scenario. Such information is subject to certain risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant information. Kohat Cement does not undertake any obligation to update any of such information to reflect events that occur or circumstances that arise after the date of this presentation and it does not make any representation, warranty (whether express or implied), or prediction that the results anticipated by such information will be achieved. In addition, past performance should not be taken as an indication or guarantee of future results.
Certain data in this presentation was obtained from various external data sources that Kohat Cement believes to its knowledge, information, and belief to be reliable, but Kohat Cement has not verified such data with independent sources and there can be no assurance, representation, or warranty as to the accuracy, sufficiency, correctness, or completeness of the included data. Accordingly, Kohat Cement makes no assurance, representation, or warranty as to the accuracy, sufficiency, correctness, or completeness of that data, and such data involves risks and uncertainties and is subject to change based on various factors.
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