External broker reports(aggregated public sources), Topline Securities

Topline Securities

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.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>DG Khan Cement (DGKC) conducted FY25 analyst briefing today to discuss business performance and future outlook.</li><li>Management expects local demand to achieve double-digit growth in FY26, supported by the gradual recovery of pent-up demand following post-flood disruptions.</li><li>We maintain our “Buy” stance on DGKC with company trading at FY26E/27F PE of 8.3/7.5x, respectively.</li></ul>

DG Khan Cement (DGKC) conducted FY25 analyst briefing today to discuss business performance and future outlook.Management expects local demand to achieve double-digit growth in FY26, supported by the gradual recovery of pent-up demand following post-flood disruptions.We maintain our “Buy” stance on DGKC with company trading at FY26E/27F PE of 8.3/7.5x, respectively.

Topline Flash Note: DG Khan Cement (DGKC): Corporate Briefing Key Takeaways

D.G. Khan Cement

Topline Flash Note: DG Khan Cement (DGKC): Corporate Briefing Key Takeaways