Attock Cement Pakistan Limited

Attock Cement Pakistan Limited (ACPL) — Company Profile and Fundamental Analysis

Attock Cement Pakistan Limited is a Pakistani cement manufacturer listed on the Pakistan Stock Exchange under the symbol ACPL. The company markets cement under the Falcon Cement brand and operates its manufacturing facility at Hub Chowki, Lasbela, Balochistan.

Official website: https://attockcement.com/

Business Overview

Attock Cement Pakistan Limited was incorporated on October 14, 1981. Its principal activity is manufacturing and selling cement for construction and infrastructure applications. The company is a subsidiary of Pharaon Investment Group Limited Holding S.A.L., Lebanon.

Cement-sector performance is influenced by construction activity, domestic infrastructure spending, export demand, coal and other fuel prices, electricity costs, freight expenses, competition and interest rates. These factors can affect capacity utilization, profit margins and cash flow.

Source: PSX company profile

Financial Performance

The PSX financial summary reports the following annual results:

Financial metric	FY2026	FY2025
Revenue	Rs.44.325bn	Rs.33.309bn
Profit after tax	Rs.3.416bn	Rs.1.731bn
Earnings per share	Rs.24.86	Rs.12.60
Gross profit margin	27.28%	23.94%
Net profit margin	7.71%	5.20%

Revenue increased approximately 33.1% year over year, while profit after tax nearly doubled. The gross and net profit margins also improved, indicating stronger profitability relative to revenue in FY2026.

These annual figures are based on the PSX financial summary, which notes that standardized data may differ from the original issuer statements. Consult the published annual report for full details.

Source: PSX financials and annual reports

Latest Quarterly Results — Q1 FY2027

For the quarter ended September 30, 2026, ACPL reported the following unaudited results:

Financial metric	Q1 FY2027	Q1 FY2026
Revenue	Rs.12.033bn	Rs.10.543bn
Gross profit	Rs.3.251bn	Rs.3.006bn
Profit after tax	Rs.1.079bn	Rs.834.70m
Earnings per share	Rs.7.85	Rs.6.07

Revenue increased approximately 14.1% year over year, while profit after tax grew approximately 29.2%. Finance costs declined to around Rs.115.87 million from Rs.228.92 million in the corresponding quarter, supporting the improvement in earnings.

Investors should monitor whether this growth continues through subsequent quarters and whether lower finance costs remain sustainable.

Source: Q1 FY2027 financial results announcement

Dividend Information

For FY2026, the company paid an interim cash dividend of Rs.0.50 per share. The FY2026 annual results did not recommend a final dividend.

Dividend declarations are subject to the company's financial position and Board decisions. Investors should check the latest official PSX payout record rather than assuming that a previous year's distribution will recur.

Sources: PSX company profile and payouts | PSX financial announcements

Share Price and Valuation

The PSX profile displayed a share price of Rs.234.63 on October 20, 2026, at 3:47 PM, with a 52-week range of Rs.205.00–309.99 and a trailing P/E ratio of 9.44 in the snapshot checked.

These figures are time-sensitive and should be refreshed before publication. A P/E ratio alone cannot establish whether a stock is undervalued. Investors should also examine earnings sustainability, debt, cash flow, dividend policy, sector conditions and the regulatory alert on the PSX profile.

Source: PSX — ACPL market data

Shariah Compliance Status

Attock Cement Pakistan Limited was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index screening effective June 5, 2026, using financial information as of December 31, 2025.

The published screening ratios were:

• Debt-to-assets ratio: 25.04%
• Non-compliant investments-to-assets ratio: 5.38%
• Non-compliant income-to-revenue ratio: 0.06%
• Illiquid assets ratio: 84.92%

These figures apply to the stated screening period. They should not be treated as a permanent classification. Confirm the latest applicable PSX screening before describing ACPL as currently Shariah-compliant.

Source: Official PSX-KMI All Share Islamic Index screening notice

Important PSX Risk Warning

The PSX company profile displays a Risk Warning Alert referring to continuous violations under specified exchange regulations and potential suspension or delisting risk.

Investors should read the latest PSX notices and company disclosures to understand the specific issue and its current status. The alert alone does not establish that trading has already been suspended or that the company has been delisted.

Source: PSX — ACPL profile and announcements

Key Factors for Investors to Monitor

• Cement demand: Domestic construction and infrastructure activity.
• Energy and fuel costs: Their impact on manufacturing margins.
• Finance costs: Whether the recent decline in finance expenses continues.
• Earnings growth: Whether the FY2026 and Q1 FY2027 improvements persist.
• Cash flow and debt: Funding needs and balance-sheet strength.
• Dividend policy: Future declarations confirmed through official notices.
• Shariah screening: Current status at the next official review.
• PSX notices: Updates regarding the Risk Warning Alert.

Official References

1. Pakistan Stock Exchange — ACPL
2. Attock Cement Pakistan Limited — Official Website
3. PSX-KMI All Share Islamic Index screening notice
4. Q1 FY2027 results announcement

Disclaimer: This profile is for educational and informational purposes only. It is not a recommendation to buy or sell ACPL. Verify the latest financial statements, market price, PSX notices and Shariah screening before making any investment decision.