Safe Mix Concrete Limited reported a solid improvement in its financial performance for the year ended June 30, 2026, supported by higher revenue and stronger operating profitability. The company also announced a final cash dividend of Rs3 per share, equivalent to 30%.
According to the company’s annual financial results, revenue increased to Rs2.23 billion in FY2026, compared with Rs1.65 billion in FY2025, representing growth of nearly 35%. Gross profit climbed to Rs328.77 million from Rs256.35 million a year earlier. 284032
Operating profit improved to Rs224.13 million, up from Rs189.37 million in the previous year. Despite finance costs rising to Rs38.45 million from Rs37.32 million, profit before taxation increased to Rs172.96 million, compared with Rs141.08 million in FY2025.
The company closed the year with profit after tax of Rs125.27 million, up around 22% from Rs102.71 million in the preceding year. Earnings per share (EPS) consequently improved to Rs5.01, compared with Rs4.11 last year. 284032
Balance Sheet Expands
Safe Mix Concrete also recorded a significant expansion in its balance sheet. As shown in the statement of financial position on page 4, total assets reached Rs1.33 billion as of June 30, 2026, compared with Rs982.64 million a year earlier. Total equity increased to Rs495.49 million from Rs433.80 million, while accumulated profit rose to Rs230.76 million. 284032
The company generated Rs271.64 million in net cash from operating activities during FY2026, substantially higher than Rs144.46 million in the previous year. However, investing activities used Rs300.99 million, largely reflecting capital expenditure of Rs231.29 million. Cash and cash equivalents stood at Rs48.74 million at the end of the year. 284032
30% Final Cash Dividend
Alongside the financial results, the Board approved a final cash dividend of Rs3 per share, or 30%, for the year ended June 30, 2026. No bonus shares or right shares were announced.
The company’s Annual General Meeting is scheduled for October 27, 2026, in Karachi. Its share transfer books will remain closed from October 20 to October 27, 2026, both days inclusive. 284032
Overall, Safe Mix Concrete ended FY2026 with double-digit profit growth, higher earnings per share and an expanded asset base, while rewarding shareholders with a 30% final cash dividend.