External broker reports(aggregated public sources), Topline Securities

Topline Securities

External broker reports(aggregated public sources)

Topline Securities is one of the fastest growing brokerage houses in Pakistan. It has strong equity brokerage, economic / equity research, mutual fund distribution, commodity trading and corporate finance & advisory functions. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>FCCL announced its 1QFY25 result today, where the company recorded earnings of Rs3.25bn (EPS of Rs1.32), up by 24% YoY.</li><li>The result came in-line with expectations in 1QFY25.</li><li>Alongside the result, the company did not announce any cash dividend in 1QFY25 which was also according to expectations.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FCCL announced its 1QFY25 result today, where the company recorded earnings of Rs3.25bn (EPS of Rs1.32), up by 24% YoY.The result came in-line with expectations in 1QFY25.Alongside the result, the company did not announce any cash dividend in 1QFY25 which was also according to expectations.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fauji Cement (FCCL): 1QFY25 EPS at Rs1.32, up by 24% YoY (Earnings in-line with expectations)

<ul><li>FCCL announced its 4QFY24 result today, where the company recorded earnings of Rs1.18bn (EPS of Rs0.48), up by 151% YoY.</li><li>The result came below expectations in 4QFY24 due to higher than expected effective tax rate for the company.</li><li>Alongside the result, the company announced final cash dividend of Rs1.0/share in 4QFY24, which was above industry expectations.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FCCL announced its 4QFY24 result today, where the company recorded earnings of Rs1.18bn (EPS of Rs0.48), up by 151% YoY.The result came below expectations in 4QFY24 due to higher than expected effective tax rate for the company.Alongside the result, the company announced final cash dividend of Rs1.0/share in 4QFY24, which was above industry expectations.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fauji Cement (FCCL): 4QFY24 EPS at Rs0.48, FY24 EPS at Rs3.35 (Earnings Below Expectations)

<ul><li>Fauji Cement (FCCL) announced 3QFY24 earnings of Rs1.77bn (EPS of Rs0.72), which is down by 6% YoY and by 33% QoQ. The result came in line with industry expectations.</li><li>This takes 9MFY24 earnings to Rs7.04bn (EPS of Rs2.87), up 1% YoY.</li><li>Earnings in 3QFY24 are down by 6% YoY due to lower gross margins, higher distribution expenses, and increase in effective tax rate.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fauji Cement (FCCL) announced 3QFY24 earnings of Rs1.77bn (EPS of Rs0.72), which is down by 6% YoY and by 33% QoQ. The result came in line with industry expectations.This takes 9MFY24 earnings to Rs7.04bn (EPS of Rs2.87), up 1% YoY.Earnings in 3QFY24 are down by 6% YoY due to lower gross margins, higher distribution expenses, and increase in effective tax rate.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fauji Cement (FCCL): 3QFY24 EPS at Rs0.72, Down by 6% YoY

<ul><li>In a notice to the exchange today, Fauji Cement Company (FCCL) announced the commissioning of its Greenfield cement manufacturing plant having a capacity of 6,500 tons per day of clinker (2mn tons annual) at Shadan Lund, District Dera Ghazi Khan.</li><li>This line also includes emission control features and Waste Heat Recovery Plant (WHR).</li><li>To highlight, FCCL completed this expansion project within a record time of just 13 months.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

In a notice to the exchange today, Fauji Cement Company (FCCL) announced the commissioning of its Greenfield cement manufacturing plant having a capacity of 6,500 tons per day of clinker (2mn tons annual) at Shadan Lund, District Dera Ghazi Khan.This line also includes emission control features and Waste Heat Recovery Plant (WHR).To highlight, FCCL completed this expansion project within a record time of just 13 months.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Topline Flash Note: FCCL Emerges as Third Largest Players in the Cement Industry

<ul><li>Fauji Cement Company Limited (FCCL) announced its financial result today, wherein the company reported earnings of Rs472mn (EPS: Rs0.19) in 4QFY23, down 73% YoY and 75% QoQ. Earnings were below market expectations.</li><li>Lower than estimated earnings could be attributed to higher than estimated selling and distribution expenses and effective tax rate.</li><li>This takes full year FY23 earnings to Rs7,440mn (EPS: Rs 3.03) up 5% YoY majorly on the back of higher retention prices.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fauji Cement Company Limited (FCCL) announced its financial result today, wherein the company reported earnings of Rs472mn (EPS: Rs0.19) in 4QFY23, down 73% YoY and 75% QoQ. Earnings were below market expectations.Lower than estimated earnings could be attributed to higher than estimated selling and distribution expenses and effective tax rate.This takes full year FY23 earnings to Rs7,440mn (EPS: Rs 3.03) up 5% YoY majorly on the back of higher retention prices.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fauji Cement (FCCL): 4QFY23 EPS at Rs0.19 vs. 4QFY22 EPS of Rs0.72 (Earnings below expectations)

Pakistan

Fauji Cement Company Limited manufactures and sells cement.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Fauji Cement (FCCL PA)

Fauji Cement (FCCL): 1QFY25 EPS at Rs1.32, up by 24% YoY (Earnings in-line with expectations)

FCCL announced its 1QFY25 result today, where the company recorded earnings of Rs3.25bn (EPS of Rs1.32), up by 24% YoY. The result came in-line...

Topline Securities

Fauji Cement (FCCL): 4QFY24 EPS at Rs0.48, FY24 EPS at Rs3.35 (Earnings Below Expectations)

FCCL announced its 4QFY24 result today, where the company recorded earnings of Rs1.18bn (EPS of Rs0.48), up by 151% YoY. The result came below...

Topline Securities

Fauji Cement (FCCL): 3QFY24 EPS at Rs0.72, Down by 6% YoY

Fauji Cement (FCCL) announced 3QFY24 earnings of Rs1.77bn (EPS of Rs0.72), which is down by 6% YoY and by 33% QoQ. The result came in line with...

Topline Securities

Topline Flash Note: FCCL Emerges as Third Largest Players in the Cement Industry

In a notice to the exchange today, Fauji Cement Company (FCCL) announced the commissioning of its Greenfield cement manufacturing plant having a...

Topline Securities

Fauji Cement (FCCL): 4QFY23 EPS at Rs0.19 vs. 4QFY22 EPS of Rs0.72 (Earnings below expectations)

Fauji Cement Company Limited (FCCL) announced its financial result today, wherein the company reported earnings of Rs472mn (EPS: Rs0.19) in...

Topline Securities

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)