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Pioneer Cement Limited PIOC

Market closed

Rs 244.42

+2.42 (+1.00%)

Vol38,901Updated16:1418 Sep 2026

At a Glance

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

Consolidated snapshot

Pioneer Cement Limited (PIOC) is a Cement company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, PIOC last traded at Rs 244.42 (+1.00% on the day) with a market cap of Rs 54.97B and a free float of 15.0%. Over the last 12 months the stock has returned -4.3%. Cash dividends declared over the trailing 12 months total Rs 5.00/share (yield 2.1%). The stock trades at a P/E of 11.3x. A member of the KSE-100 index.

Prices through 18 Sep 2026 · FY data through FY25 · Quarterly through Mar-26

11.3x
Rs 21.47
1Y Return
-4.3%
Rs 54.97B

Price & Performance

Closing prices across timeframes, returns, and range context

PIOC — Price History

Daily closing series · toggle period below

1M Return-9.9%
3M Return-15.9%
6M Return+8.3%
1Y Return-4.3%
Day's Range100% of range
Rs 244.42
LowRs 239.99
HighRs 242.95
52-Week Range20% of range
Rs 244.42
LowRs 200.01
HighRs 427.50

Key Metrics

Valuation, profitability, structure, and risk in one grid

11.3xTrailing annual EPS
Rs 21.47Latest annual · basic
1.18xBook Rs 207.47
2.07%Rs 5.00/sh trailing 12m
1.10Higher than market
Rs 54.97BMid cap
15.0%34.07M shares
18.86High leverage
10.5%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

PIOC has paid Rs 5.00 per share in cash dividends over the trailing 12 months — a 2.1% yield at the last close. Its most recent payout was Rs 5.00/share, announced 29 Sep 2025 with book closure from 21 Oct 2025. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 5.00
Trailing Yield
2.07%
Payout Ratio
Announced
29 Sep 2025

Dividend Per Share Trend

2021
Rs 0.00
2022
Rs 0.00
2023
Rs 0.00
2024
Rs 15.00
2025
Rs 10.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
29 Sep 202530 Jun 2025 (YR)CashRs 5.00(50%)21 Oct 2025 – 28 Oct 2025
28 Feb 202531 Dec 2024 (YR)CashRs 5.00(50%)10 Mar 2025 – 12 Mar 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

PIOC's market capitalisation stands at Rs 54.97B as of 17 Sep 2026 down 5.9% over the past 12 months (from Rs 58.39B).

Financial Statements

How PIOC's income and balance sheet have evolved

PKR MillionsMar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Jun-24Trend
Net Sales / Revenue10,04210,2628,4178,6177,9008,9017,8918,144
Cost of Sales7,1257,2255,9106,3005,8845,1905,4905,264
Gross Profit2,9163,0372,5072,3172,0153,7102,4012,880
Administrative Expenses124981408812011313794
Operating Profit2,7502,8992,3272,1991,8553,5602,2232,759
EBITDA3,5173,6113,1263,0182,6264,3302,9943,505
Other Income6316891135392553262
Financial Charges165179214282286347493550
Profit Before Tax2,6062,7382,0891,9661,5802,8811,6772,107
Taxation1,0841,1388158376071,131654759
Profit After Tax1,5221,6001,2741,1299741,7501,0231,348
EPS - Basic (Rs)Rs 6.70Rs 7.04Rs 5.61Rs 4.98Rs 4.29Rs 7.70Rs 4.50Rs 5.94

Showing 8 of 8 quarters · scroll horizontally to see more periods.

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · Mar-26

RatioValue
Net profit margin15.2%
Gross profit margin29.0%
EBITDA margin35.0%
EBIT margin27.4%

Net profit margin

Net profit ÷ revenue · %

0.0%4.9%9.8%14.7%19.7%16.6%Jun-24Sep-24Dec-24Mar-25Jun-25Sep-2515.6%Dec-2515.2%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Mar-26

RatioValue
Current ratio1.18
Quick ratio0.55
Cash ratio0.40
Asset turnover0.12x
Effective tax rate41.6%

Current ratio

Current assets ÷ current liabilities

0.000.290.590.881.180.55Jun-24Sep-24Dec-24Mar-25Jun-25Sep-251.00Dec-251.18Mar-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 54.97B

Rs 95.71BRs 67.40BRs 39.09BRs 10.78BSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 54.97B

Valuation & Capital Returns

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

Latest · Mar-26

RatioValue
Price to earnings30.90x
Price to book0.93x
EV / EBITDA14.35x
Price to sales4.68x

Price to earnings

Period-end price ÷ EPS · times

0.00x13.76x27.52x41.28x55.03x28.39xJun-24Sep-24Dec-24Mar-25Jun-25Sep-2555.03xDec-2530.90xMar-26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 248.26) is below the 30-day SMA (Rs 261.02). RSI at 33 sits in the neutral band.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 248.26+1.57%Below
SMA 30Rs 261.02+6.79%Below
SMA 60Rs 269.84+10.40%Below
SMA 200Rs 291.51+19.27%Below
33Neutral
0 · Oversold305070100 · Overbought

At 33, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD-7.81
  • Signal-6.50
  • Histogram-1.30
R2Resistance 2
Rs 291.99
19.5%
R1Resistance 1
Rs 267.00
9.2%
NOWCurrent
Rs 244.42
S1Support 1
Rs 224.01
-8.4%
S2Support 2
Rs 206.01
-15.7%

Leverage Insights

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

Rs 13.92M
-60.29% MoMMargin Trading System
Rs 58.02M
-11.55% MoMMargin financing
Rs 71.94M
-28.53% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

As of 17 Sep 2026

Rs 7.70M
Futures blank sales (Rs)
6.62%
Blank sale ÷ OI
22.59%
Blank sale ÷ free float

Futures Blank Sale Insights

Blank sale value vs OI and free float

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %94.76%Most recent print
Average · 3M66.80%Mean over window
Change · 3M+22.37%First → last
Range · 3M32.6–99.5%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 · 15.0%Non-float · 85.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 2.27B
Total Shares227.15M
34.07M
15.0%
Year EndJun
Enterprise Value

About the Company

Business description, governance, and corporate information

Pioneer Cement Limited was incorporated in Pakistan as a public company limited by shares on 09 February 1986. The principal activity of the Company is manufacturing and sale of cement.

KSE-100Shariah CompliantCement

Corporate Information

  • RegistrarCorplink (Pvt) Limited, Wings Arcade, 1-K Commercial, Model Town, Lahore
  • AuditorKPMG Taseer Hadi & Co. Chartered Accountants
  • Websitewww.pioneercement.com
  • Address64 - B/ 1, Gulberg 3, Lahore
  • SectorCement
  • Financial Year EndJune

Key People

NameRole
STSayeed Tariq Saigol
CEO
TSTariq Sayeed Saigol
Chairperson
TSTalha Saif
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

PIOC vs Cement sector median

Median across 18 sector constituents · nulls excluded per metric

MetricPIOCSector median
11.3x9.7x
2.1%0.9%
10.5%15.7%
1-Year Return-4.3%-9.3%
Rs 54.97BRs 34.65B

Frequently Asked Questions

The most common questions investors ask about PIOC

PIOC last traded at Rs 244.42, up 1.00% on the day, within a 52-week range of Rs 200.01–427.50. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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