DNCC Dandot Cement Company Limited

Dandot Cement Company Limited (DNCC) financial ratios

Dandot Cement Company Limited earned a net margin of 1.4% in FY2026 against a five-year average of -0.1% (Cement median 12.5%). Return on equity was 2.4%, compared with a sector median of 15.4%. The current ratio stood at 0.73× and debt was 99.8% of equity. Cash took about 36 days to cycle through receivables, inventory and payables.

FY2026 vs the Cement median

Gross margin: 13.8%; Sector median 26.5%
Operating margin: 12.9%; Sector median 19.4%
Net margin: 1.4%; Sector median 12.5%
Return on equity (ROE): 2.4%; Sector median 15.4%
Return on assets (ROA): 0.7%; Sector median 8.0%
Current ratio: 0.73×; Sector median 1.19×
Debt to equity: 99.8%; Sector median 34.0%
Asset turnover: 0.52×; Sector median 0.56×

Median of the 19 companies in the sector with the figure for their latest fiscal year.

DNCC financial ratios (annual) (Rs mn)
Rs mn	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	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	13.8%	9.3%	5.9%	—	—	—	(65.3%)	(21.6%)	(36.4%)	(15.2%)	(0.5%)	(13.4%)	(32.6%)	(258.0%)	(39.9%)	(45.5%)	(113.1%)	(7.4%)	(42.5%)	(22.7%)
EBITDA margin	18.2%	14.4%	12.8%	—	—	—	(34.6%)	9.6%	(35.0%)	(12.7%)	(1.0%)	(12.6%)	(32.8%)	(258.5%)	(37.8%)	(40.1%)	(99.5%)	(9.4%)	(43.3%)	(23.0%)
Operating margin	12.9%	7.9%	5.1%	—	—	—	(83.9%)	0.1%	(44.2%)	(19.7%)	(3.6%)	(15.7%)	(39.1%)	(306.0%)	(44.4%)	(49.9%)	(133.7%)	(16.8%)	(59.2%)	(30.4%)
Pre-tax margin	—	(2.4%)	(10.9%)	—	—	—	(209.3%)	38.3%	(58.3%)	(29.9%)	(10.9%)	(23.2%)	(4.9%)	(319.2%)	(45.9%)	(50.7%)	(238.8%)	(39.9%)	(100.0%)	(47.9%)
Net margin	1.4%	(2.4%)	0.8%	—	—	—	(234.7%)	39.2%	(57.5%)	(29.2%)	(11.9%)	(23.2%)	(4.9%)	(321.3%)	(45.9%)	(43.9%)	(187.0%)	(27.1%)	(75.9%)	(48.3%)
Effective tax rate	—	—	—	—	—	—	—	(2.4%)	—	—	—	—	—	—	—	—	—	—	—	—
Returns
Return on equity (ROE)	2.4%	(3.9%)	0.7%	(31.4%)	(318.5%)	—	—	—	—	—	—	—	—	—	—	—	—	(179.8%)	(104.9%)	(93.5%)
Return on assets (ROA)	0.7%	(1.1%)	0.2%	(4.9%)	(6.4%)	(1.6%)	(13.7%)	11.9%	(15.4%)	(11.8%)	(7.7%)	(17.7%)	(1.9%)	(17.1%)	(17.9%)	(11.4%)	(14.2%)	(10.0%)	(13.8%)	(16.7%)
Return on invested capital (ROIC)	—	—	—	—	—	—	—	61.2%	—	—	—	—	—	—	—	—	—	—	—	—
Liquidity
Current ratio	0.73×	0.52×	0.37×	0.28×	0.51×	0.40×	0.49×	0.55×	0.15×	0.21×	0.21×	0.19×	0.22×	0.20×	0.25×	0.32×	0.30×	0.41×	0.58×	0.60×
Quick ratio	0.31×	0.19×	0.18×	0.18×	0.21×	0.10×	0.19×	0.23×	0.07×	0.14×	0.16×	0.14×	0.13×	0.10×	0.15×	0.22×	0.21×	0.30×	0.38×	0.40×
Leverage
Debt to equity	99.8%	124.1%	103.5%	188.1%	4,322.8%	2,194.3%	—	—	—	—	—	—	—	—	—	—	—	8,703.1%	438.6%	229.1%
Debt to capital	49.9%	55.4%	50.9%	65.3%	97.7%	95.6%	163.4%	137.6%	—	561.2%	217.7%	1,234.3%	675.5%	683.0%	464.5%	192.6%	137.8%	98.9%	81.4%	69.6%
Debt to assets	31.9%	34.1%	30.8%	44.8%	66.2%	56.4%	94.7%	77.0%	30.5%	58.9%	56.7%	89.2%	91.1%	74.2%	58.4%	54.2%	50.4%	49.2%	46.3%	36.1%
Assets to equity	3.36×	3.50×	3.66×	6.37×	49.58×	—	—	—	—	—	—	—	—	—	—	—	—	17.94×	7.61×	5.60×
Efficiency
Asset turnover	0.52×	0.46×	0.21×	0.00×	0.00×	0.00×	0.06×	0.30×	0.27×	0.40×	0.65×	0.76×	0.38×	0.05×	0.39×	0.26×	0.08×	0.37×	0.18×	0.35×
Receivable days days	19	11	9	—	—	—	99	36	96	101	73	68	111	786	130	188	484	85	90	5
Inventory days days	87	63	64	563	755	898	321	87	80	53	35	44	91	212	59	68	126	50	77	61
Payable days days	70	97	206	2,051	1,470	1,739	598	322	530	431	328	195	110	589	182	50	122	33	104	73
Cash conversion cycle days	36	(23)	(134)	(1,494)	(718)	(845)	(180)	(199)	(356)	(278)	(221)	(84)	91	408	6	205	488	102	64	(6)
Dividends
Dividend payout ratio	—	—	0.0%	—	—	—	—	0.0%	—	—	—	—	—	—	—	—	—	—	—	—
Earnings retention rate	—	—	1.00×	—	—	—	—	1.00×	—	—	—	—	—	—	—	—	—	—	—	—

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.