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Pioneer Cement Limited PIOC

Market closed

Rs 235.99

+2.85 (+1.22%)

Vol70,175Updated15:502 Nov 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 02 Nov 2026, PIOC last traded at Rs 235.99 (+1.22% on the day) with a market cap of Rs 52.96B and a free float of 15.0%. Over the last 12 months the stock has returned +4.4%. Its most recent full-year cash dividend totalled Rs 10.00/share (yield 4.3%). The stock trades at a P/E of 8.0x. A member of the KSE-100 index.

Prices through 02 Nov 2026 · FY data through FY26 · Quarterly through Sep-26

8.0x
Rs 29.03
1Y Return
+4.4%
Rs 52.96B

Price & Performance

Closing prices across timeframes, returns, and range context

PIOC — Price History

Daily closing series · toggle period below

1M Return-2.7%
3M Return-13.5%
6M Return+2.6%
1Y Return+4.4%
Day's Range100% of range
Rs 235.99
LowRs 232.00
HighRs 234.85
52-Week Range16% of range
Rs 235.99
LowRs 200.01
HighRs 427.50

Key Metrics

Valuation, profitability, structure, and risk in one grid

8.0xTrailing annual EPS
Rs 29.03Latest annual · basic
1.14xBook Rs 207.47
4.29%Rs 10.00/sh last FY
1.13Higher than market
Rs 52.96BMid 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 10.00 per share in cash dividends in its most recent full financial year, though no payout has been declared in the trailing 12 months — a 4.3% 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
Yield (last FY)
4.29%
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 52.96B as of 30 Oct 2026 — up 4.2% over the past 12 months (from Rs 50.81B).

Financial Statements

How PIOC's income and balance sheet have evolved

PKR MillionsFY26FY25FY24FY23FY22FY21Trend
Net Sales / Revenue38,578.5333,308.6135,51936,16531,87921,818
Cost of Sales26,997.5322,865.0923,75626,75624,67617,700
Gross Profit11,58110,443.5211,7639,4097,2034,118
Administrative Expenses488.6458.54310169134128
Operating Profit10,344.249,196.2511,2829,0986,9573,871
EBITDA—12,96914,23511,7568,1194,852
Other Income486.69252.194334640303
Financial Charges632.791,408.262,8053,1982,6561,818
Profit Before Tax10,191.548,104.88,3845,7303,9452,203
Taxation3,597.393,228.73,2073,1212,894229
Profit After Tax6,594.154,876.15,1772,6091,0501,974
EPS - Basic (Rs)Rs 29.03Rs 21.47Rs 22.79Rs 11.50Rs 4.62Rs 8.69

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin14.6%
Gross profit margin31.4%
EBITDA margin38.9%
EBIT margin27.6%

Net profit margin

Net profit ÷ revenue · %

0.0%3.7%7.3%11.0%14.6%9.0%FY213.3%FY227.2%FY2314.6%FY2414.6%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY26

RatioValue
Current ratio1.13
Quick ratio0.33
Cash ratio0.18
Asset turnover0.49x
Effective tax rate35.3%

Current ratio

Current assets ÷ current liabilities

0.000.280.560.851.130.88FY251.13FY26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 52.96B

Rs 95.71BRs 67.40BRs 39.09BRs 10.78BOct 25Dec 25Feb 26Apr 26Jul 26Sep 26Rs 52.96B

Valuation & Capital Returns

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

Latest · FY26

RatioValue
Price to earnings8.03x
Price to book1.07x
Price to sales1.37x

Price to earnings

Period-end price ÷ EPS · times

0.00x4.51x9.02x13.53x18.05x18.05xFY258.03xFY26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 230.96) is below the 30-day SMA (Rs 236.16). RSI at 46 sits in the neutral band.

As of30 Oct 2026

PeriodValuevs CurrentPosition
SMA 10Rs 230.96-2.13%Above
SMA 30Rs 236.16+0.07%Below
SMA 60Rs 248.20+5.17%Below
SMA 200Rs 268.13+13.62%Below
46Neutral
0 · Oversold305070100 · Overbought

At 46, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD-3.22
  • Signal-4.51
  • Histogram+1.29
R2Resistance 2
Rs 253.23
7.3%
R1Resistance 1
Rs 243.19
3.0%
NOWCurrent
Rs 235.99
S1Support 1
Rs 221.89
-6.0%
S2Support 2
Rs 210.63
-10.7%

Leverage Insights

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

—Not MTS-eligible
Rs 61.27M
Margin financing
Rs 61.27M
-5.51% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for PIOC on the latest PSX DFC report.

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %86.47%Most recent print
Average · 3M79.73%Mean over window
Change · 3M+32.97%First → last
Range · 3M46.2–99.5%Low–high

Settlement % Trajectory

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

As of 30 Oct 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 ValueRs 52.25B

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
8.0x7.7x
4.3%0.9%
10.5%14.5%
1-Year Return+4.4%-11.8%
Rs 52.96BRs 35.15B

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Frequently Asked Questions

The most common questions investors ask about PIOC

PIOC last traded at Rs 235.99, up 1.22% 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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