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 4QFY25 result today, where the company recorded consolidated earnings of ~Rs 3.63bn (EPS of Rs3.47), up by 2.4x YoY and 30% QoQ.</li><li>The result came higher than expectations in 4QFY25 due to higher-than-expected gross margins and other income.</li><li>In FY25, MLCF earnings increased by 67% YoY to Rs11.5bn, translating into EPS of Rs10.98.</li></ul>

MLCF announced its 4QFY25 result today, where the company recorded consolidated earnings of ~Rs 3.63bn (EPS of Rs3.47), up by 2.4x YoY and 30% QoQ.The result came higher than expectations in 4QFY25 due to higher-than-expected gross margins and other income.In FY25, MLCF earnings increased by 67% YoY to Rs11.5bn, translating into EPS of Rs10.98.

Maple Leaf Cement (MLCF): 4QFY25 EPS at Rs3.47, FY25 EPS at Rs10.98 (Earnings Above Expectations)