Engro Polymer & Chemicals Limited (EPCL) held a corporate briefing session to discuss its financial performance and market outlook for 2026.
- 9M 2026 revenue reached PKR 65,343M, up 13% YoY, driven by higher PVC prices and increased sales volumes.
- Gross profit surged 50% to PKR 5.2B, with a profit after tax of PKR 0.3B compared to a loss of PKR 3.5B last year.
- The company reported a stable macroeconomic environment, with GDP growth at 3.7% and inflation at 10.3% YoY as of September 2026.
- PVC sales increased by 4% YoY, supported by government housing stimulus and lower flood impacts.
- Global PVC prices rose due to increased ethylene costs, with core delta improving to $328/MT in Q3.
- The company is focused on cash conversion, cost optimization, and expanding market presence amid geopolitical supply chain disruptions.
- Future outlook remains optimistic with expected robust domestic demand in the construction sector.