Karachi: Cherat Cement Company Limited (CHCC) ne apni corporate briefing mein FY25 aur 1QFY26 ke financial results aur company ka future outlook discuss kiya.
Company ke mutabiq, FY25 mein EPS Rs44.68 raha jo 58% YoY izafa hai — iska sabab gross margin mein 6.1 percentage points ka behtari hai. Lekin 1QFY26 mein company ka munafa 27% YoY gir kar Rs10.8 per share raha, jiska sabab recent operational challenges aur Afghan border closure bataya gaya.
Management ne bataya ke Afghan border band hone ke baad company ne fuel mix change karte hue Afghan coal se South African coal (RB-2) par shift kiya hai, jiska landed cost taqriban Rs41,500 per ton ke barabar hai.
Cherat Cement ne Attock Cement (ACPL) aur Rafhan Maize (RMPL) deals se interest wapas le liya hai, lekin company ab bhi strategic investments par focus kar rahi hai, bare dividend payouts ke bajaye. Company ka liquidity position September 2025 tak Rs15 billion ke qareeb hai.
Analysts ne CHCC par apni “Buy” recommendation barqarar rakhi hai, aur DCF-based target price Rs472 diya gaya hai.
Halaanki, Afghan border closures ki wajah se export volumes mein 50% kami aane ka imkaan hai, jisse FY26 ke earnings 6% tak kam ho sakti hain, jabke North region mein pricing pressure bhi ek risk bana hua hai.
