Reported Earnings • Apr 22
Third quarter 2026 earnings released: EPS: PK₨0.29 (vs PK₨0.28 in 3Q 2025) Third quarter 2026 results: EPS: PK₨0.29 (up from PK₨0.28 in 3Q 2025). Revenue: PK₨3.52b (up 25% from 3Q 2025). Net income: PK₨201.6m (up 3.6% from 3Q 2025). Profit margin: 5.7% (down from 6.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 13
Flying Cement Company Limited to Report Q3, 2026 Results on Apr 20, 2026 Flying Cement Company Limited announced that they will report Q3, 2026 results at 9:30 AM, Pakistan Standard Time on Apr 20, 2026 Reported Earnings • Feb 26
Second quarter 2026 earnings released: EPS: PK₨0.29 (vs PK₨0.08 in 2Q 2025) Second quarter 2026 results: EPS: PK₨0.29 (up from PK₨0.08 in 2Q 2025). Revenue: PK₨3.51b (up 48% from 2Q 2025). Net income: PK₨202.1m (up 253% from 2Q 2025). Profit margin: 5.7% (up from 2.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 106% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 18
Flying Cement Company Limited to Report First Half, 2026 Results on Feb 24, 2026 Flying Cement Company Limited announced that they will report first half, 2026 results on Feb 24, 2026 New Risk • Nov 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to PK₨55.78, the stock trades at a trailing P/E ratio of 60.7x. Average trailing P/E is 10x in the Basic Materials industry in Pakistan. Total returns to shareholders of 616% over the past three years. Reported Earnings • Oct 09
Full year 2025 earnings released: EPS: PK₨0.92 (vs PK₨0.074 in FY 2024) Full year 2025 results: EPS: PK₨0.92 (up from PK₨0.074 in FY 2024). Revenue: PK₨11.2b (up 148% from FY 2024). Net income: PK₨638.5m (up PK₨587.0m from FY 2024). Profit margin: 5.7% (up from 1.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 82% per year, which means it is well ahead of earnings. Aankondiging • Oct 07
Flying Cement Company Limited, Annual General Meeting, Oct 28, 2025 Flying Cement Company Limited, Annual General Meeting, Oct 28, 2025. Location: leeds banquates hall, 343-d-1,nespak, lahore Pakistan New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (PK₨25.8b market cap, or US$91.7m). Reported Earnings • Mar 05
Second quarter 2025 earnings released: EPS: PK₨0.08 (vs PK₨0.12 in 2Q 2024) Second quarter 2025 results: EPS: PK₨0.08 (down from PK₨0.12 in 2Q 2024). Revenue: PK₨2.38b (up 95% from 2Q 2024). Net income: PK₨57.3m (down 30% from 2Q 2024). Profit margin: 2.4% (down from 6.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance. New Risk • Oct 07
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks High level of debt (53% net debt to equity). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (PK₨11.3b market cap, or US$40.7m). Reported Earnings • Oct 06
Full year 2024 earnings released: EPS: PK₨0.07 (vs PK₨0.39 in FY 2023) Full year 2024 results: EPS: PK₨0.07 (down from PK₨0.39 in FY 2023). Revenue: PK₨4.52b (up 6.4% from FY 2023). Net income: PK₨51.4m (down 81% from FY 2023). Profit margin: 1.1% (down from 6.4% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Aankondiging • Oct 05
Flying Cement Company Limited, Annual General Meeting, Oct 24, 2024 Flying Cement Company Limited, Annual General Meeting, Oct 24, 2024. Location: at leeds banquet hall, 343-d-1,nespak society, lahore Pakistan Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨17.92, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨16.34, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 7.0% over the past three years. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨9.28, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 47% over the past three years. New Risk • Jun 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Market cap is less than US$100m (PK₨6.10b market cap, or US$21.9m). New Risk • May 24
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (PK₨6.45b market cap, or US$23.2m). Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨9.68, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 17% over the past three years. Reported Earnings • May 08
Third quarter 2024 earnings released: EPS: PK₨0.12 (vs PK₨0.13 in 3Q 2023) Third quarter 2024 results: EPS: PK₨0.12 (down from PK₨0.13 in 3Q 2023). Revenue: PK₨1.15b (up 3.0% from 3Q 2023). Net income: PK₨80.7m (down 8.1% from 3Q 2023). Profit margin: 7.0% (down from 7.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 8% per year. New Risk • Apr 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (PK₨5.92b market cap, or US$21.3m). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨7.90, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total loss to shareholders of 35% over the past three years. New Risk • Mar 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (6.7% net profit margin). Market cap is less than US$100m (PK₨4.86b market cap, or US$17.4m). Reported Earnings • Mar 06
Second quarter 2024 earnings released: EPS: PK₨0.12 (vs PK₨0.12 in 2Q 2023) Second quarter 2024 results: EPS: PK₨0.12 (in line with 2Q 2023). Revenue: PK₨1.22b (up 4.6% from 2Q 2023). Net income: PK₨82.1m (flat on 2Q 2023). Profit margin: 6.7% (down from 7.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨8.56, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 7x in the Basic Materials industry in Pakistan. Total returns to shareholders of 26% over the past three years. New Risk • Oct 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (6.4% net profit margin). Market cap is less than US$100m (PK₨4.10b market cap, or US$14.7m). Reported Earnings • Oct 08
Full year 2023 earnings released: EPS: PK₨0.39 (vs PK₨1.33 in FY 2022) Full year 2023 results: EPS: PK₨0.39 (down from PK₨1.33 in FY 2022). Revenue: PK₨4.24b (down 21% from FY 2022). Net income: PK₨271.2m (down 71% from FY 2022). Profit margin: 6.4% (down from 17% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • May 08
Third quarter 2023 earnings released: EPS: PK₨0.13 (vs PK₨0.77 in 3Q 2022) Third quarter 2023 results: EPS: PK₨0.13 (down from PK₨0.77 in 3Q 2022). Revenue: PK₨1.12b (down 18% from 3Q 2022). Net income: PK₨87.9m (down 71% from 3Q 2022). Profit margin: 7.9% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 09
Second quarter 2023 earnings released: EPS: PK₨0.12 (vs PK₨0.66 in 2Q 2022) Second quarter 2023 results: EPS: PK₨0.12 (down from PK₨0.66 in 2Q 2022). Revenue: PK₨1.17b (down 16% from 2Q 2022). Net income: PK₨81.6m (down 69% from 2Q 2022). Profit margin: 7.0% (down from 19% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Pervaiz Khan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 08
Full year 2022 earnings released Full year 2022 results: Revenue: PK₨5.34b (up 67% from FY 2021). Net income: PK₨926.1m (up PK₨782.4m from FY 2021). Profit margin: 17% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 18% share price gain to PK₨8.50, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨7.19, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 6x in the Basic Materials industry in Pakistan. Total loss to shareholders of 13% over the past three years. Reported Earnings • May 11
Third quarter 2022 earnings released: EPS: PK₨0.77 (vs PK₨0.23 in 3Q 2021) Third quarter 2022 results: EPS: PK₨0.77 (up from PK₨0.23 in 3Q 2021). Revenue: PK₨1.36b (up 60% from 3Q 2021). Net income: PK₨302.2m (up PK₨260.3m from 3Q 2021). Profit margin: 22% (up from 4.9% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Pervaiz Khan was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 04
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: PK₨1.18 (up from PK₨0.70 in 2Q 2021). Revenue: PK₨1.39b (up 46% from 2Q 2021). Net income: PK₨259.1m (up 99% from 2Q 2021). Profit margin: 19% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 9% per year. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨13.75, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 13% over the past three years. Reported Earnings • Nov 01
First quarter 2022 earnings released: EPS PK₨0.55 (vs PK₨0.22 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: PK₨1.23b (up PK₨1.16b from 1Q 2021). Net income: PK₨204.9m (up PK₨245.6m from 1Q 2021). Profit margin: 17% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 25% share price gain to PK₨14.15, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 9x in the Basic Materials industry in Pakistan. Total returns to shareholders of 8.9% over the past three years. Reported Earnings • Sep 22
Full year 2021 earnings released: EPS PK₨0.38 (vs PK₨3.02 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨3.21b (up 197% from FY 2020). Net income: PK₨143.7m (up PK₨674.4m from FY 2020). Profit margin: 4.5% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
Third quarter 2021 earnings released: EPS PK₨0.24 (vs PK₨0.63 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨849.1m (up PK₨813.5m from 3Q 2020). Net income: PK₨41.9m (up PK₨152.6m from 3Q 2020). Profit margin: 4.9% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 26
Second quarter 2021 earnings released: EPS PK₨0.74 (vs PK₨1.79 loss in 2Q 2020) Second quarter 2021 results: Net income: PK₨129.9m (up PK₨445.4m from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 25
New 90-day high: PK₨14.10 The company is up 46% from its price of PK₨9.67 on 27 November 2020. The Pakistani market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 29
New 90-day high: PK₨11.99 The company is up 20% from its price of PK₨10.01 on 29 October 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 02
New 90-day high: PK₨11.62 The company is up 17% from its price of PK₨9.96 on 02 October 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 12% over the same period. Reported Earnings • Oct 31
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨593.4m, with earnings decreasing by PK₨723.5m from the prior year. Is New 90 Day High Low • Oct 06
New 90-day low: PK₨9.07 The company is down 4.0% from its price of PK₨9.40 on 08 July 2020. The Pakistani market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 23% over the same period. Reported Earnings • Oct 06
Full year earnings released - PK₨3.02 loss per share Over the last 12 months the company has reported total losses of PK₨530.7m, with earnings decreasing by PK₨673.0m from the prior year. Aankondiging • Sep 24
Flying Cement Company Limited Announces Executive Changes Flying Cement Company Limited announced that Mr. Muhammad Mubeen Khan has been appointed as Director with effect from September 10, 2020 in place of Waqar Zahid.