Recently, Fauji Cement Company Ltd has released its annual report covering performance for the financial year ended 30 June 2026. The company has reported a profit after tax of PKR16.183bn for FY26, up 21 per cent from PKR 13.326bn a year earlier, on turnover of PKR93.690bn. The company described the year as a defining chapter, reflecting resilience, disciplined execution and effective strategy.
A landmark achievement was FCCL’s acquisition of a 92 percent controlling stake in Attock Cement Pakistan Limited (ACPL) in partnership with Kot Addu Power Company Limited (KAPCO). The Board said the investment will unlock cooperation, strengthen market positioning and create long-term stakeholder value. FCCL also completed expansion of its PP Bag Manufacturing Plant, achieving self-sufficiency in packaging.
Afghanistan border closure
The year was marked by external challenges, including the Pakistan-Afghanistan border closure and supply chain disruptions from the conflict in Iran, which halted exports and pushed coal prices higher. FCCL mitigated the impact through a fuel cost optimisation strategy, sourcing cheaper coal, raising local coal utilisation to 70 percent and introducing 4 percent alternative fuel usage. Despite headwinds, the company achieved 55 percent capacity utilisation and cement sales of 5.7Mt, delivering record profitability.
FCCL advanced its decarbonisation drive by commissioning a 1.5MWp solar extension at its DG Khan plant, taking total solar capacity to 70.3MWp. This now meets 80 percent of daytime electricity needs, reducing reliance on grid power and cutting emissions.
The Board reaffirmed its commitment to growth defined by excellence, resilience, innovation and responsible leadership, confident that FCCL will build further on its achievements despite regional challenges.
by Abdul R. Siddiqi, Pakistan
