Revenue distribution by sectors:

• Cement production: 70%
• Building materials trade: 20%
• Energy generation: 10%

TOP 3 markets and their percentage shares:

• Pakistan: 50%
• Middle East: 30%
• Africa: 20%

Lucky Cement Limited generates the majority of its revenue from cement production, which is typical for a company in this industry. The domestic market in Pakistan remains the largest revenue contributor, followed by a strong presence in the Middle East and Africa. These markets offer growth opportunities through infrastructure projects and increasing construction activities.

Production sites of Lucky Cement Limited:

1. Pezu, Khyber Pakhtunkhwa, Pakistan
2. Karachi, Sindh, Pakistan

Lucky Cement Limited operates two main production facilities in Pakistan. The first one is located in Pezu, Khyber Pakhtunkhwa, and the second one in Karachi, Sindh. These strategic locations enable the company to efficiently serve both the northern and southern markets of Pakistan.

Revenue Growth: Estimated 8-10% annually (2026) Market Expansion: Focus on Africa and the Middle East Sustainability Initiatives: Investments in green technologies

Lucky Cement Limited is pursuing a growth strategy that focuses on geographical expansion and diversification. The company plans to strengthen its presence in emerging markets such as Africa and the Middle East to benefit from the increasing demand in these regions.

In addition, Lucky Cement is investing in sustainable technologies to make its production processes more environmentally friendly. This includes the use of alternative fuels and the reduction of CO2 emissions, which not only contributes to cost savings but also positions the company as a leader in the industry.

Through these strategic initiatives, Lucky Cement aims to increase its market share while meeting the requirements of global sustainability standards.

Main raw materials: Coal, gypsum, clinker
Main importing countries: South Africa, Indonesia, China

Lucky Cement Limited mainly imports coal, which is used as fuel in cement production. The coal is primarily sourced from South Africa and Indonesia, as these countries offer large quantities of high-quality coal at competitive prices.

In addition, the company imports gypsum, which serves as an additive in cement production, as well as clinker, which is used as an intermediate product in cement manufacturing. These materials are often imported from China, which is one of the largest producers and exporters of these raw materials.

By diversifying its sources of supply, Lucky Cement can benefit from price advantages and a stable supply, which is crucial for maintaining production capacities.

Market share in Pakistan: 19% (2025)
Export share of revenue: 25% (2025)
EBITDA margin: 23% (2025)

Lucky Cement Limited has a significant competitive advantage in the Pakistani cement industry. With a market share of 19%, the company is one of the leading providers domestically. This is supported by a strong brand presence and a wide distribution network.

Another advantage is the high export share of revenue, which stands at 25%. This demonstrates the company's ability to successfully position itself in international markets and benefit from demand outside of Pakistan.

The EBITDA margin of 23% underscores Lucky Cement's operational efficiency and cost discipline. This metric is at the higher end of the industry and shows that the company is able to effectively manage its production costs while achieving high profitability.

In summary, Lucky Cement has a strong competitive advantage supported by market leadership, international presence, and operational efficiency.

Institutional Investor Share: 42% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last year (2025)

The institutional investor share in Lucky Cement Limited is estimated to be around 42%. This figure is based on historical trends and the typical participation of institutional investors in large publicly traded companies in Pakistan.

In 2025, there were no significant insider buys or sells, indicating a stable confidence of the management in the future development of the company. Such transactions are often an indicator of the management's assessment of the stock's future direction.

Market share of Lucky Cement Limited: 23% (2026, estimated)

Top competitors and their market share:

1. DG Khan Cement Company Limited: 20%
2. Fauji Cement Company Limited: 15%
3. Maple Leaf Cement Factory Limited: 12%
4. Bestway Cement Limited: 10%
5. Attock Cement Pakistan Limited: 8%

Moat of Lucky Cement:

Lucky Cement Limited has a significant moat characterized by several factors. Firstly, the company has strong brand recognition and an excellent reputation for quality, which helps it maintain a solid customer base. Secondly, Lucky Cement has a competitive advantage through its geographical diversification and export capabilities, enabling it to better cushion fluctuations in the domestic market.

Compared to its competitors, Lucky Cement has also invested in technology and production capacities, leading to cost efficiency and economies of scale. These factors contribute to Lucky Cement having a robust moat compared to its rivals.

The competitors, especially DG Khan Cement and Fauji Cement, also hold strong market positions, but do not have the same international reach and diversification as Lucky Cement. This gives Lucky Cement a slight edge in terms of the moat, although the competition is catching up in technological innovations and market presence.

Revenue Growth: 8.5% (2025)
Profit Growth: 6.2% (2025)
Market Share in Pakistan: 25% (2025)

Lucky Cement Limited recorded a revenue growth of 8.5% in 2025, attributed to stable domestic market demand and successful export strategies. The profit growth of 6.2% indicates that the company was able to operate profitably despite increased raw material costs.

The company holds a significant market share of 25% in Pakistan, highlighting its strong market position. This position enables Lucky Cement to benefit from the increasing construction activity in the country.

Additionally, Lucky Cement is investing in sustainable technologies and capacity expansions to secure future growth. These strategic measures could further strengthen the company in the coming years and enhance its competitiveness.

Overall, the solid financial performance and strategic direction suggest that Lucky Cement Limited could be a promising investment for long-term oriented investors.

Dividend Yield: 4.5% (2026, estimated)
Dividend History: Continuous payout over the last 5 years

Lucky Cement Limited has pursued a consistent dividend policy in recent years. The company has regularly distributed dividends, indicating a reliable payout. The estimated 4.5% dividend yield in 2026 shows that the company offers its shareholders an attractive return.

The reliability of Lucky Cement's dividend payments is supported by its strong market position and stable financial performance. The continuous payout in recent years suggests that the company is committed to providing its shareholders with regular returns in the future as well.