Six Years Glance

Particulars FY-19 FY-18 FY-17 FY-16 FY-15 FY-14
Volumetric Data
Clinker Production (MT) 6,380,898 4,413,413 4,314,600 3,964,998 3,507,230 3,585,103
Cement Production (MT) 5,613,650 4,857,761 4,588,900 4,426,631 3,849,672 3,988,512
Total Cement Sales (MT) 5,597,642 4,810,250 4,478,065 4,422,691 3,858,070 3,976,272
Local Sales (MT) 5,327,410 4,352,185 3,895,042 3,710,393 3,196,103 2,954,943
Export Sales (MT) 270,232 458,065 583,023 712,298 661,967 1,021,329
Clinker Sales Local (MT) - 26,576 - - - -
Clinker Export (MT) 707,341 - - - - -
Clinker Purchase (MT) - 39,997 - - - -
2.29 8.82 13.05 2.17 8.64 3.98
Financial Figures
Equity (PKR in thousands) 70,928,415 77,134,421 74,868,879 65,783,429 62,296,071 61,516,535
Balance Sheet Footing (PK in thousands) 125,941,425 121,889,017 108,371,319 83,418,265 74,391,443 73,282,069
Fair Value Reserves (PKR in thousands) 18,940,452 24,779,125 28,031,837 24,256,385 27,405,272 32,722,894
Equity without FV Reserves (PKR in thousands) 51,987,963 52,355,296 46,837,042 41,527,044 34,890,799 28,793,641
Fixed Assets (PKR in thousands) 79,980,234 76,493,984 62,447,737 39,576,830 29,958,970 29,832,625
Capitalisation (PKR in thousands) 7,022,815 46,233,538 1,264,268 5,730,155 925,479 3,465,403
Long Term Loan (PKR in thousands) 21,025,324 20,040,471 13,020,000 3,538,251 1,348,522 2,111,513
Short Term Loan (PKR in thousands) 20,258,570 12,209,667 8,571,228 3,451,352 1,826,072 2,551,676
Current Assets (PKR in thousands) 33,623,260 29,075,626 27,300,684 30,835,521 31,426,342 32,068,626
Current Liabilities (PKR in thousands) 34,247,052 22,553,193 14,849,803 10,056,634 6,583,476 5,940,563
Gross Sales (PKR in thousands) 57,952,383 43,407,770 40,384,740 37,045,715 32,468,621 32,344,996
Net Sales (PKR in thousands) 40,516,525 30,668,428 30,136,165 29,703,758 26,104,611 26,542,509
Cost of Sales (PKR in thousands) 35,154,086 21,928,207 18,291,600 17,035,566 16,649,411 17,284,941
GP (PKR in thousands) 5,362,439 8,740,221 11,844,565 12,668,192 9,455,200 9,257,568
Administrative Expenses (PKR in thousands) 628,517 624,725 551,221 572,780 472,326 480,468
Selling Expenses (PKR in thousands) 1,305,695 898,156 979,045 949,628 746,723 1,445,225
Other Expenses (PKR in thousands) 538,207 2,354,656 891,513 913,642 727,805 518,745
Financial Expenses (PKR in thousands) 3,304,102 519,267 382,895 130,451 281,504 608,859
Other Income (PKR in thousands) 2,427,266 3,026,661 2,118,216 2,379,053 2,320,335 1,647,126
Profit Before Tax (PKR in thousands) 1,990,841 7,370,078 11,158,107 12,480,744 9,547,177 7,851,397
Taxation (PKR in thousands) 381,082 1,467,530 3,182,766 3,691,072 1,922,497 1,885,899
Profit After Tax (PKR in thousands) 1,609,759 8,837,608 7,975,341 8,789,672 7,624,680 5,965,498
PBT without Dividend (PKR in thousands) 99,303 5,435,293 9,214,053 10,610,827 7,843,711 6,417,218
PAT without Dividend (PKR in thousands) (281,779) 6,902,823 6,031,287 6,919,755 5,921,214 4,531,319
Profitability Indicators
EBITDA (PKR in thousands) 8,795,010 10,193,594 13,602,813 14,483,061 11,709,284 10,250,258
EBITDA-Other Income (PKR in thousands) 6,367,744 7,166,933 11,484,597 12,104,008 9,388,949 8,603,132
EBIT (PKR in thousands) 5,294,943 7,889,345 11,541,002 12,611,195 9,828,681 8,460,256
Depreciation (PKR in thousands) 3,500,067 2,304,249 2,061,811 1,871,866 1,880,603 1,790,002
GP to Sales (%) 13.24 28.50 39.30 42.65 36.22 34.88
PBT to Sales (%) 4.91 24.03 37.03 42.02 36.57 29.58
PAT to Sales (%) 3.97 28.82 26.46 29.59 29.21 22.48
EBITDA to Sales (%) 21.71 33.24 45.14 48.76 44.86 38.62
ROE (wrt average equity) (%) 2.17 11.63 11.34 13.73 12.32 10.90
ROA (wrt to average total assets) (%) 1.30 7.68 8.32 11.14 10.33 8.72
ROE (without fair value reserves) (%) 3.09 17.82 18.05 23.00 23.95 22.53
ROE(PAT/Equity) (%) 2.27 11.46 10.65 13.36 12.24 9.70
ROE (PBT/Equity) (%) 2.81 9.55 14.90 18.97 15.33 12.76
Liquidity Indicators
Operating Cashflows (PKR in thousands) (1,530,631) 8,910,698 5,877,328 11,119,972 9,954,056 8,724,257
Working Capital (PKR in  thousands) (623,792) 6,522,433 12,450,881 20,778,887 24,842,866 26,128,063
Current Ratio (times) 0.98 1.29 1.84 3.07 4.77 5.40
Activity Indicators
Fixed Assets Turnover 51.79 44.15 59.08 85.43 87.32 90.63
Investors Related Indicators
Ordinary Shares (No.) 438,119,118 438,119,118 438,119,118 438,119,118 438,119,118 438,119,118
Dividend/Share (PKR) 1.00 4.25 7.50 6.00 5.00 3.50
Stock Price/Share on year end (PKR) 56.54 114.5 213.16 190.49 142.77 87.96
EPS 3.67 20.17 18.20 20.06 17.40 13.62
PE Ratio 15.39 5.68 11.71 9.49 8.21 6.46
Divident Payout Ratio (%) 27.22 21.07 41.20 29.91 28.74 25.70
Dividend Yield Ratio (wrt year end price) (%) 1.77 3.71 3.52 3.15 3.50 3.98
Break Up Value/Share (PKR) 161.89 176.06 170.89 150.15 142.19 140.41
Capital Structure Indicators
Debt/ (Debt+Equity) (%) 36.79 29.48 22.38 9.60 4.85 7.05
Debt to Equity (%) 58.21 41.81 28.84 10.63 5.10 7.58
Equity to Total Assets (%) 56.32 63.28 69.09 78.86 83.74 83.94
Interest Coverage (wrt EBITDA) (%) 2.66 19.63 35.53 111.02 41.60 16.84
DSCR with other income 1.57 10.00 8.94 18.94 10.92 5.03
DSCR without other income 1.13 7.03 7.55 15.83 8.76 4.22
Volumetric Ratios
Clinker Production (% change wrt last year) 44.58 2.29 8.82 13.05 2.17 8.64
Cement Production (% change wrt last year) 15.56 5.86 3.67 14.99 3.48 1.07
Volumetric Total Sales (% change wrt last year) 16.37 7.42 1.25 14.63 2.97 0.80
Volumetric Local Sales (% change wrt last year) 22.41 11.74 4.98 16.09 8.16 2.32
Volumetric Exports Sales(% change wrt last year) -41.01 -21.43 18.15 7.60 35.19 8.85
Clinker Production Utilisation (%) 94.11 109.79 107.33 98.63 87.24 89.18
Cement Production Utilisation (%) 78.85 115.09 108.72 104.87 91.20 94.49
Total Sales Utilisation - Volumetric (%) 78.63 113.96 106.09 104.78 91.40 94.20
Local Sales Utilisation - Volumetric (%) 74.83 103.11 92.28 87.90 75.72 70.01
Exports Sales Utilisation -Volumetric (%) 3.80 10.85 13.81 16.88 15.68 24.20
Sales Mix: Local to Total Sales wrt Qty (%) 95.17 90.48 86.98 83.89 82.84 74.31
Sales Mix: Exports to Total Sales wrt Qty (%) 4.83 9.52 13.02 16.11 17.16 25.69
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