SMCPL Safe Mix Concrete Limited

Safe Mix Concrete Limited (SMCPL) financial ratios

Safe Mix Concrete Limited earned a net margin of 5.6% in FY2026 against a five-year average of 7.8% (Cement median 12.5%). Return on equity was 26.7%, compared with a sector median of 15.4%. The current ratio stood at 1.11× and debt was 49.0% of equity. Cash took about 15 days to cycle through receivables, inventory and payables.

FY2026 vs the Cement median

Gross margin: 14.8%; Sector median 26.5%
Operating margin: 10.1%; Sector median 19.4%
Net margin: 5.6%; Sector median 12.5%
Return on equity (ROE): 26.7%; Sector median 15.4%
Return on assets (ROA): 10.8%; Sector median 8.0%
Current ratio: 1.11×; Sector median 1.19×
Debt to equity: 49.0%; Sector median 34.0%
Asset turnover: 1.92×; Sector median 0.56×
Dividend payout ratio: 49.9%; Sector median 6.6%

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

SMCPL 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
Profitability
Gross margin	14.8%	15.5%	20.6%	22.4%	21.4%	8.0%	(3.2%)	1.6%	6.5%	3.5%
EBITDA margin	12.0%	13.0%	18.3%	19.8%	19.8%	10.3%	(3.3%)	1.1%	5.0%	0.2%
Operating margin	10.1%	11.4%	16.4%	17.8%	16.8%	5.1%	(6.2%)	(0.9%)	2.7%	(4.9%)
Pre-tax margin	7.8%	8.5%	11.3%	14.5%	13.5%	(0.6%)	(26.9%)	(4.5%)	0.7%	(10.0%)
Net margin	5.6%	6.2%	9.0%	9.3%	8.8%	3.0%	(24.1%)	(3.4%)	0.4%	(8.5%)
Effective tax rate	27.6%	27.2%	20.3%	35.6%	34.9%	—	—	—	45.4%	—
Returns
Return on equity (ROE)	26.7%	24.6%	34.3%	53.0%	22.5%	3.6%	(54.0%)	(13.9%)	1.0%	—
Return on assets (ROA)	10.8%	11.3%	14.6%	18.4%	7.6%	1.3%	(18.0%)	(4.4%)	0.4%	—
Return on invested capital (ROIC)	21.5%	20.8%	29.2%	34.2%	17.2%	—	—	—	2.4%	—
Liquidity
Current ratio	1.11×	1.38×	1.40×	1.09×	0.81×	0.69×	0.66×	0.67×	0.93×	1.23×
Quick ratio	1.06×	1.29×	1.27×	0.98×	0.74×	0.62×	0.60×	0.52×	0.75×	1.07×
Leverage
Debt to equity	49.0%	44.3%	44.5%	72.6%	94.3%	19.1%	13.5%	74.8%	54.1%	28.1%
Debt to capital	32.9%	30.7%	30.8%	42.1%	48.5%	16.1%	11.9%	42.8%	35.1%	21.9%
Debt to assets	18.2%	19.8%	21.2%	26.7%	30.6%	6.7%	4.9%	23.1%	17.3%	13.3%
Assets to equity	2.48×	2.17×	2.36×	2.88×	2.98×	2.81×	3.01×	3.17×	2.62×	—
Efficiency
Asset turnover	1.92×	1.82×	1.61×	1.97×	0.86×	0.44×	0.75×	1.29×	0.94×	—
Receivable days days	90	96	106	75	135	235	132	84	123	—
Inventory days days	7	11	15	11	22	37	34	30	39	—
Payable days days	82	66	76	54	177	517	238	133	180	—
Cash conversion cycle days	15	41	44	32	(21)	(246)	(73)	(20)	(19)	—
Dividends
Dividend payout ratio	49.9%	48.7%	0.0%	0.0%	0.0%	0.0%	—	—	0.0%	—
Earnings retention rate	0.50×	0.51×	1.00×	1.00×	1.00×	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.

SMCPL: frequently asked questions

What is SMCPL's EPS?

Safe Mix Concrete Limited reported basic earnings per share of Rs 5.01 for FY2026 (Jul 2025 – Jun 2026).

What is SMCPL's P/E ratio?

At the closing price of Rs 39.40 on 16 Oct 2026, SMCPL trades at a P/E of 7.9× based on EPS of Rs 5.01 (FY2026).

Does SMCPL pay dividends?

Yes. Safe Mix Concrete Limited declared a dividend of Rs 3.00 per share for FY2026. It has paid a dividend in each of the last 3 years. At Rs 39.40 that is a dividend yield of 7.6%.

What was SMCPL's revenue and profit in FY2026?

Safe Mix Concrete Limited reported revenue of Rs 2.2 bn and profit attributable to shareholders of Rs 125.3 mn for FY2026 (Jul 2025 – Jun 2026).

What is SMCPL's book value per share?

Safe Mix Concrete Limited's book value per share was Rs 19.82 at the end of FY2026. The shares trade at 1.99× book value.

Information only, not investment advice.