Last close · 16 Oct 2026
Rs 447.15 +0.91%
Financials
Bestway Cement Limited (BWCL) financials
20 years of annual results (FY2007 – FY2026), 80 quarters.
Bestway Cement Limited (BWCL) reported revenue of Rs 108.3 bn for FY2026 (Jul 2025 – Jun 2026), up 0.5% from FY2025.
Profit attributable to shareholders was Rs 25.6 bn (EPS Rs 42.88), up 7.1%, a net margin of 23.6%.
It declared a dividend of Rs 40.00 per share for FY2026 and has paid a dividend in each of the last 14 years.
Net debt stood at Rs 55.7 bn.
Return on equity was 19.4%.
Over the last five years revenue grew at a compound 13.7% a year.
At Rs 447.15 (close on 16 Oct 2026) the shares trade at 10.4× earnings (FY2026) and 1.98× book value, with a dividend yield of 8.9%.
Fundamentals
BWCL at a glance
Revenue · FY2026
Rs 108.3 bn
▲ 0.5% year on year
Profit attributable to shareholders · FY2026
Rs 25.6 bn
▲ 7.1% year on year
EPS – basic (Rs) · FY2026
Rs 42.88
▲ 7.1% year on year
Dividend per share (Rs) · FY2026
Rs 40.00
▲ 17.6% year on year
Net margin · FY2026
23.6%
+1.5 pts year on year
Debt to equity · FY2026
42.7%
-5.7 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 108.3 bn
- Profit attributable · FY2026
- Rs 25.6 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 300.4 bn
- Equity · FY2026
- Rs 135.0 bn
Financial highlights
BWCL financial results
| Rs bn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 |
|---|---|---|---|---|---|
| Revenue | 108.3 | 107.8 | 103.9 | 87.7 | 72.4 |
| Gross profit | 32.5 | 37.3 | 32.2 | 27.3 | 23.0 |
| Operating profit | 26.9 | 32.4 | 28.7 | 24.6 | 18.6 |
| Profit after tax | 11.0 | 13.1 | 9.1 | 8.2 | 8.1 |
| Profit attributable to shareholders | 25.6 | 23.9 | 13.8 | 11.9 | 10.2 |
| EPS – basic (Rs) Rs | 42.88 | 40.02 | 23.09 | 19.94 | 17.17 |
| Dividend per share (Rs) Rs | 40.00 | 34.00 | 26.00 | 21.00 | 16.00 |
| Total assets | 300.4 | 275.5 | 167.9 | 175.1 | 133.4 |
| Total equity | 135.0 | 128.2 | 63.1 | 61.8 | 60.8 |
| Total debt | 57.6 | 62.0 | 73.2 | 86.4 | 48.8 |
| Net cash from operating activities | 31.3 | 30.4 | 28.6 | 12.9 | 15.3 |
| Capital expenditure | (11.6) | (2.0) | (4.2) | (32.7) | (34.2) |
| Free cash flow (operating cash flow − capex) | 19.8 | 28.4 | 24.5 | (19.8) | (19.0) |
| Rs bn | TTM to Jun 2026 | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 108.3 | 25.9 | 27.0 | 29.5 | 25.9 | 25.8 | 26.4 | 30.8 | 24.8 |
| Gross profit | 32.5 | 9.2 | 7.7 | 8.4 | 7.2 | 8.8 | 8.1 | 12.3 | 8.1 |
| Operating profit | 26.9 | 7.0 | 6.7 | 7.1 | 6.2 | 7.5 | 7.4 | 11.4 | 7.1 |
| Profit after tax | 11.0 | 4.0 | 2.2 | 2.7 | 2.1 | 3.1 | 2.5 | 5.0 | 2.5 |
| Profit attributable to shareholders | 25.6 | 7.7 | 6.8 | 5.6 | 5.5 | 6.3 | 6.1 | 7.4 | 4.1 |
| EPS – basic (Rs) Rs | 42.88 | 12.84 | 11.43 | 9.39 | 9.22 | 10.60 | 10.19 | 12.42 | 6.81 |
| Dividend per share (Rs) Rs | 40.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 8.00 | 8.00 | 8.00 |
| Total assets | 300.4 | 300.4 | 283.2 | 278.9 | 274.4 | 275.5 | 178.3 | 209.3 | 172.8 |
| Total equity | 135.0 | 135.0 | 123.7 | 130.9 | 128.0 | 128.2 | 68.1 | 67.0 | 64.9 |
| Total debt | 55.5 | 55.5 | 60.6 | 49.1 | 52.2 | 58.1 | 49.5 | 88.0 | 58.7 |
| Net cash from operating activities | 31.3 | 12.8 | (2.5) | 9.5 | 11.5 | 0.2 | 7.1 | 14.8 | 8.2 |
| Capital expenditure | (11.6) | (9.0) | (1.1) | (0.7) | (0.8) | (0.7) | (0.4) | (0.7) | (0.3) |
| Free cash flow (operating cash flow − capex) | 19.8 | 3.8 | (3.6) | 8.9 | 10.7 | (0.4) | 6.8 | 14.2 | 7.9 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.