External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

Maple Leaf Cement Factory / Equity Bottom-Up

<ul><li>MLCF announced its 1QFY26 result today, where the company recorded consolidated earnings of ~Rs2.73bn (EPS of Rs2.6), up by 2x YoY while down by 25% QoQ.</li><li>The result came higher than industry expectations in 1QFY26 due to higher than estimated sales.</li><li>Alongside the result, the company did not announce any cash dividend which is as per expectations.</li></ul>

MLCF announced its 1QFY26 result today, where the company recorded consolidated earnings of ~Rs2.73bn (EPS of Rs2.6), up by 2x YoY while down by 25% QoQ.The result came higher than industry expectations in 1QFY26 due to higher than estimated sales.Alongside the result, the company did not announce any cash dividend which is as per expectations.

Maple Leaf Cement (MLCF): 1QFY26 EPS at Rs2.6 Up by 2x YoY (Earnings Higher Than Industry Expectations)