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Pioneer Cement Limited PIOC

Market closed

Rs 276.22

-11.36 (-3.95%)

Vol297,524Updated10:3029 Jul 2026

01At 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 29 Jul 2026, PIOC last traded at Rs 276.22 (-3.95% on the day) with a market cap of Rs 62.74B and a free float of 15.0%. Over the last 12 months the stock has returned +28.6%. Cash dividends declared over the trailing 12 months total Rs 5.00/share (yield 1.8%). The stock trades at a P/E of 12.9x. A member of the KSE-100 index.

Prices through 29 Jul 2026 · FY data through FY25 · Quarterly through Mar-26

12.9x
Rs 21.47
1Y Return
+28.6%
Rs 62.74B

02Price & Performance

Closing prices across timeframes, returns, and range context

PIOC — Price History

Daily closing series · toggle period below

1M Return-2.5%
3M Return+22.3%
6M Return-30.9%
1Y Return+28.6%
Day's Range19% of range
Rs 276.22
LowRs 274.00
HighRs 286.00
52-Week Range34% of range
Rs 276.22
LowRs 200.01
HighRs 427.50

03Key Metrics

Valuation, profitability, structure, and risk in one grid

12.9xTrailing annual EPS
Rs 21.47Latest annual · basic
1.33xBook Rs 207.47
1.81%Rs 5.00/sh trailing 12m
1.09Higher than market
Rs 62.74BMid cap
15.0%34M shares
18.86Moderate leverage
10.5%Latest annual
Rs 10Per share

04Dividend 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 1.8% yield at the last close. Its most recent payout was Rs 5.00/share, announced 29 Sept 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
1.81%
Payout Ratio
Announced
29 Sept 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 Sept 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

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

PIOC's market capitalisation stands at Rs 62.74B as of 29 Jul 2026 up 26.7% over the past 12 months (from Rs 49.51B).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue33,30935,51936,16531,87921,8186,287
Cost of Sales22,86523,75626,75624,67617,7006,390
Gross Profit10,44411,7639,4097,2034,118-103
Administrative Expenses459310169134128109
Operating Profit9,83811,2829,0986,9573,871-464
EBITDA12,96914,23511,7568,1194,852-39
Other Income2524334640303103
Financial Charges1,4082,8053,1982,6561,818393
Profit Before Tax8,1058,3845,7303,9452,203-755
Taxation3,2293,2073,1212,894229546
Profit After Tax4,8765,1772,6091,0501,974-210
EPS - Basic (Rs)Rs 21.47Rs 22.79Rs 11.50Rs 4.62Rs 8.69Rs -0.92

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 margin29.5%

Net profit margin

Net profit ÷ revenue · %

0.0%3.7%7.3%11.0%14.6%-3.3%FY209.0%FY213.3%FY227.2%FY2314.6%FY2414.6%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Effective tax rate39.8%

Effective tax rate

Taxation ÷ profit before tax · %

0.0%18.3%36.7%55.0%73.4%10.4%FY2173.4%FY2254.5%FY2338.3%FY2439.8%FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 62.74B

Rs 95.71BRs 67.40BRs 39.09BRs 10.78BJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 62.74B

Valuation & Capital Returns

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

Latest · FY25

RatioValue
Price to earnings18.05x
Price to sales2.64x

Price to earnings

Period-end price ÷ EPS · times

0.00x4.51x9.02x13.53x18.05x10.21xFY2111.13xFY229.99xFY238.82xFY2418.05xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 288.62) is above the 30-day SMA (Rs 280.51). RSI at 48 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 288.62+4.49%Below
SMA 30Rs 280.51+1.55%Below
SMA 60Rs 269.84-2.31%Above
SMA 200Rs 288.03+4.28%Below
48Neutral
0 · Oversold305070100 · Overbought

At 48, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD3.73
  • Signal4.02
  • Histogram-0.28
R2Resistance 2
Rs 340.61
23.3%
R1Resistance 1
Rs 308.41
11.7%
NOWCurrent
Rs 276.22
S1Support 1
Rs 248.51
-10.0%
S2Support 2
Rs 220.81
-20.1%

07Leverage Insights

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

Rs 62.70M
Margin Trading System
Rs 13.81M
Margin financing
Rs 76.51M
+36.40% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

As of 16 Jul 2026

Rs 3.45M
Futures blank sales (Rs)
1.17%
Blank sale ÷ OI
5.06%
Blank sale ÷ free float

Futures Blank Sale Insights

Blank sale value vs OI and free float

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %41.34%Most recent print
Average · 3M63.92%Mean over window
Change · 3M-35.63%First → last
Range · 3M38.0–97.9%Low–high

Settlement % Trajectory

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

As of 16 Jul 2026

Price vs Settlement

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

09Share 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 Shares227M
34M
15.0%
Year EndJun
Enterprise Value

10About 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

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

12Peers 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
12.9x10.0x
1.8%1.4%
10.5%15.7%
1-Year Return+28.6%+18.2%
Rs 62.74BRs 32.12B

13Frequently Asked Questions

The most common questions investors ask about PIOC

Frequently Asked Questions

PIOC closed at Rs 276.22 on 29 Jul 2026, down 3.95% on the day, within a 52-week range of Rs 200.01–427.50. Prices on this page refresh through the trading day; log in to BSL for live quotes.

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