BSL — Bhayani Securities (Pvt) Ltd.
BWCL logo

Bestway Cement Limited BWCL

Market open

Rs 440.00

+5.82 (+1.34%)

Vol26,832Updated15:4718 Sep 2026

At a Glance

The headline take on BWCL — valuation, income, returns, and efficiency

Consolidated snapshot

Bestway Cement Limited (BWCL) is a Cement company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, BWCL last traded at Rs 440.00 (+1.34% on the day) with a market cap of Rs 258.88B and a free float of 10.0%. Over the last 12 months the stock has returned -23.9%. Cash dividends declared over the trailing 12 months total Rs 40.00/share (yield 9.2%). The stock trades at a P/E of 10.1x. A member of the KSE-100 index.

Prices through 18 Sep 2026 · FY data through FY26 · Quarterly through Jun-26

10.1x
Rs 42.88
1Y Return
-23.9%
Rs 258.88B

Price & Performance

Closing prices across timeframes, returns, and range context

BWCL — Price History

Daily closing series · toggle period below

1M Return-13.2%
3M Return-8.5%
6M Return-1.6%
1Y Return-23.9%
Day's Range100% of range
Rs 440.00
LowRs 430.00
HighRs 438.99
52-Week Range18% of range
Rs 440.00
LowRs 386.00
HighRs 687.61

Key Metrics

Valuation, profitability, structure, and risk in one grid

10.1xTrailing annual EPS
Rs 42.88Latest annual · basic
2.05xBook Rs 215.07
9.21%Rs 40.00/sh trailing 12m
0.71Lower than market
Rs 258.88BLarge cap
10.0%59.63M shares
45.28High leverage
24.9%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

BWCL has paid Rs 40.00 per share in cash dividends over the trailing 12 months — a 9.2% yield at the last close. Its most recent payout was Rs 10.00/share, announced 23 Jul 2026 with book closure from 25 Aug 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 10.00
Trailing Yield
9.21%
Payout Ratio
Announced
23 Jul 2026

Dividend Per Share Trend

2021
Rs 14.00
2022
Rs 16.00
2023
Rs 21.00
2024
Rs 26.00
2025
Rs 34.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
23 Jul 202630 Jun 2026 (YR)CashRs 10.00(100%)25 Aug 2026 – 31 Aug 2026
16 Apr 202631 Mar 2026 (IIIQ)CashRs 10.00(100%)24 Apr 2026 – 27 Apr 2026
26 Feb 202631 Dec 2025 (HYR)CashRs 10.00(100%)09 Mar 2025 – 11 Mar 2025
15 Oct 202530 Sep 2025 (IQ)CashRs 10.00(100%)27 Oct 2025 – 29 Oct 2025
15 Jul 202530 Jun 2025 (YR)CashRs 10.00(100%)09 Aug 2025 – 15 Aug 2025
17 Apr 202531 Mar 2025 (IIIQ)CashRs 8.00(80%)30 Apr 2025 – 02 May 2025
19 Feb 202531 Dec 2024 (HYR)CashRs 8.00(80%)03 Mar 2025 – 05 Mar 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

BWCL's market capitalisation stands at Rs 258.88B as of 17 Sep 2026 down 23.8% over the past 12 months (from Rs 339.87B).

Financial Statements

How BWCL's income and balance sheet have evolved

PKR MillionsFY26FY25FY24FY23FY22FY21Trend
Net Sales / Revenue108,282.17107,758.55103,92287,74272,37156,864
Cost of Sales75,821.2970,480.2971,69560,42649,37740,261
Gross Profit32,460.8837,278.2632,22727,31622,99416,603
Administrative Expenses3,272.712,072.551,5229961,582607
Operating Profit26,392.2731,839.5429,37225,33220,44015,385
EBITDA39,68035,23829,30323,78618,454
Other Income551.041,490.066631,383-445255
Financial Charges5,360.357,625.3711,2126,8281,4801,071
Profit Before Tax36,131.3836,450.1422,37822,59819,34915,537
Taxation10,562.9112,585.788,60910,7079,1083,960
Profit After Tax25,568.4823,864.3713,76911,89110,24111,577
EPS - Basic (Rs)Rs 42.88Rs 40.02Rs 23.09Rs 19.94Rs 17.17Rs 19.42

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin22.1%
Gross profit margin34.6%
EBITDA margin36.8%
EBIT margin29.5%

Net profit margin

Net profit ÷ revenue · %

0.0%5.5%11.1%16.6%22.1%20.4%FY2114.2%FY2213.6%FY2313.2%FY2422.1%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY26

RatioValue
Current ratio0.45
Quick ratio0.16
Cash ratio0.14
Asset turnover0.36x
Effective tax rate29.2%

Current ratio

Current assets ÷ current liabilities

0.000.130.260.390.520.52FY250.45FY26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 258.88B

Rs 398.70BRs 280.77BRs 162.85BRs 44.92BSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 258.88B

Valuation & Capital Returns

What the market is paying for BWCL, and what it returns to shareholders

Latest · FY26

RatioValue
Price to earnings10.13x
Price to book1.92x
Price to sales2.39x

Price to earnings

Period-end price ÷ EPS · times

0.00x3.28x6.56x9.83x13.11x13.11xFY2510.13xFY26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 451.85) is below the 30-day SMA (Rs 479.76). RSI at 10 is in oversold territory.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 451.85+2.69%Below
SMA 30Rs 479.76+9.04%Below
SMA 60Rs 487.63+10.82%Below
SMA 200Rs 485.54+10.35%Below
10Oversold
0 · Oversold305070100 · Overbought

At 10, momentum is compressed — below 30 may signal a reversal.

MACD
Bearish Cross
  • MACD-15.15
  • Signal-10.80
  • Histogram-4.35
R2Resistance 2
Rs 529.91
20.4%
R1Resistance 1
Rs 482.05
9.6%
NOWCurrent
Rs 440.00
S1Support 1
Rs 408.16
-7.2%
S2Support 2
Rs 382.13
-13.2%

Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

No leverage exposure reported

BWCL is not currently financed through MTS or margin financing (MFS), and shows no futures open interest or blank sales on the latest NCCPL/PSX reports.

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %82.32%Most recent print
Average · 3M87.98%Mean over window
Change · 3M+2.48%First → last
Range · 3M64.5–99.5%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 17 Sep 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 10.0%Non-float · 90.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 5.96B
Total Shares596.25M
59.63M
10.0%
Year EndJun
Enterprise ValueRs 273.29B

About the Company

Business description, governance, and corporate information

Bestway Cement Limited is a public limited company incorporated in Pakistan on 22 December 1993 under the Companies Ordinance, 1984 (repealed with the enactment of the Companies Act, 2017 on 30 May 2017). The Company is principally engaged in production and sale of cement. The Company is a subsidiary of Bestway International Holdings Limited (BIHL), which holds 56.43% shares in the Company. Bestway International Holdings Limited is a wholly owned subsidiary of Bestway Group Limited (BGL), ("the ultimate parent company"). Both BIHL and BGL have been incorporated in Guernsey.

KSE-100Cement

Corporate Information

  • RegistrarTHK Associates (Pvt.) Ltd, Plot no. 32-C, Jami Commercial Street, DHA-VII, Karachi
  • AuditorA.F.Ferguson & Co Chartered Accountants
  • Websitewww.bestway.com.pk
  • AddressBestway Building, 19-A, College Road, F-7 Markaz, Islamabad
  • SectorCement
  • Financial Year EndJune

Key People

NameRole
ZMZameer Mohammed Choudrey
CEO
SMSir Mohammed Anwar Pervez, O.B.E, H.Pk
Chairperson
HNHassan Niazi
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

Peers in Cement

How the cohort is moving — same-sector stocks by market cap

BWCL vs Cement sector median

Median across 18 sector constituents · nulls excluded per metric

MetricBWCLSector median
10.1x9.7x
9.2%0.9%
24.9%15.7%
1-Year Return-23.9%-9.3%
Rs 258.88BRs 34.65B

Frequently Asked Questions

The most common questions investors ask about BWCL

BWCL is trading at Rs 440.00, up 1.34% on the day, within a 52-week range of Rs 386.00–687.61, from the 15-minute snapshot taken at 15:47 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

Ready to invest in BWCL?

Open a BSL trading account in under 10 minutes

Buy and sell BWCL and every other PSX-listed stock with low commissions, real-time data, and a concierge research desk backing every trade.