Maple Leaf Cement Factory Limited (MLCF) finished FY26 with its best profit performance yet with the full year effect of its recent acquisition of Pioneer Cement Limited (PIOC). The company approved a few intra-group working capital arrangements with the results.
The consolidated profit after tax of the cement maker was Rs. 12.56 billion, up from Rs. 11.50 billion the previous year. The earnings per share improved, from Rs. 10.98 to Rs. 11.34.
The robust performance was largely driven by revenue growth, which rose 24 percent on the back of Rs. In 1965, the revenue was Rs. 85.15 billion, while it was Rs. 68.65 billion in FY25. The Gross Profit increased to Rs. The operating profit was found to be Rs. 24.59 billion.
Much of this increase has been credited to the recently acquired Pioneer Cement, which for the first time in fiscal year 2012 has had its earnings added to MLCF account books. Arif Habib Ltd analysts said the deal was “a good shot to the arm for the group profitability” and could continue to bolster earnings going forward.
In addition to the financial results, the Board also supported the green lighting of up to Rs. The loans amounting to Rs. 2 billion to its parent company Kohinoor Textile Mills Limited (KTML) was also included. The offering to Maple Leaf Capital Limited (MLCL) will place 2 billion on MLCL books, subject to approval by its shareholders.
In a related development, the company has hoped that the KTML board would approve a matching Rs. In exchange for Maple Leaf Cement, 2 billion (in working capital facility). This comes after Pioneer Cement announced plans to expand up to Rs. $4 billion of financing to MLCF, as part of a capital plan for the group.
In spite of the record profits, the board has decided not to declare any cash dividend for the year ended June 30, 2026, bonus shares or right shares for the period. The related-party financing proposals will be presented to the company annual general meeting (AGM) on September 17, 2026, for shareholders to vote on.
