Dandot Cement Company Limited
By PSX Investors Zone · Updated October 22, 2026
Dandot Cement Company Limited (PSX: DNCC) is a Pakistani cement manufacturer whose production began in 1983. The company manufactures and markets cement and is a subsidiary of Calicom Industries (Private) Limited. According to the PSX financial summary, DNCC recorded sales of approximately Rs.6.34 billion and a net loss of Rs.153.14 million in FY2025, compared with a profit of Rs.20.43 million in FY2024. For the nine months ended March 31, 2026, quarterly reports showed uneven results, including a small profit in the third quarter. DNCC was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index screening published in May 2026. However, PSX displays a Risk Warning Alert concerning possible suspension or delisting, and the company also appears on PSX's Non-Compliant Companies and Securities Profile Portal. Investors should review these regulatory disclosures separately from Shariah status and financial performance.
Company Overview
Dandot Cement Company Limited (PSX: DNCC) is a Pakistan Stock Exchange-listed cement manufacturer. The company began production in 1983 and is engaged in manufacturing and marketing cement. It is a subsidiary of Calicom Industries (Private) Limited.
The company's registered office is located at 5-Zafar Ali Road, Gulberg V, Lahore, Pakistan.
Official website: https://www.dandotcement.com/
Official PSX profile: https://dps.psx.com.pk/company/DNCC
Business Activities
Dandot Cement's principal activity is cement manufacturing and marketing. Cement producers operate in a sector affected by construction demand, infrastructure spending, selling prices, energy costs, fuel and coal prices, transportation expenses and plant utilization.
Important operating factors to monitor include:
- Cement sales and dispatch volumes.
- Selling prices and regional competition.
- Fuel, electricity and other production costs.
- Capacity utilization and operational efficiency.
- Working-capital requirements and access to financing.
- Debt obligations and the company's ability to fund ongoing operations.
These factors can materially affect revenue, operating margins and cash flow.
Financial Performance
According to the PSX financial summary, Dandot Cement reported the following annual results:
| Financial indicator | FY2025 | FY2024 |
|---|---|---|
| Sales | Rs. 6.344 billion | Rs. 2.456 billion |
| Profit/(loss) after taxation | Loss of Rs. 153.137 million | Profit of Rs. 20.426 million |
| Earnings per share (EPS) | Loss of Rs. 0.48 | Rs. 0.08 |
| Gross profit margin | 9.34% | 8.29% |
| Net profit margin | -2.41% | 0.83% |
Source: PSX financial summary. Figures may be standardized and should be cross-checked against the audited annual report.
Sales increased substantially in FY2025, but the company moved from a small profit in FY2024 to a loss in FY2025. Revenue growth therefore did not translate into a stronger bottom line. Investors should review the audited financial statements to understand production costs, gross profit, finance charges, exceptional items, cash flows and liabilities.
For the nine months ended March 31, 2026, PSX's quarterly summary reported:
- First quarter: Sales of approximately Rs.1.742 billion and a loss after tax of Rs.17.468 million.
- Second quarter: Sales of approximately Rs.1.475 billion and a loss after tax of Rs.35.446 million.
- Third quarter: Sales of approximately Rs.1.989 billion and a small profit after tax of Rs.0.886 million.
The third-quarter profit was modest relative to sales, so it should not by itself be interpreted as evidence of a sustained recovery.
Financial source: https://dps.psx.com.pk/company/DNCC
Official financial reports: https://www.dandotcement.com/financialinfo.html
Shariah Compliance Status
Dandot Cement Company Limited was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index screening published on May 29, 2026, using accounts up to December 31, 2025.
The published screening reported these ratios:
| Screening measure | Reported ratio |
|---|---|
| Debt to total assets | 33.26% |
| Non-compliant investments to total assets | 0.00% |
| Non-compliant income to total revenue | 0.00% |
| Illiquid assets to total assets | 94.01% |
| Net liquid assets ratio | -30.17 |
The final Shariah status in that review was compliant. These ratios apply to the specified screening period and should not be assumed to remain unchanged. Check the latest official PSX screening notice and methodology before relying on the classification.
Official screening notice: https://dps.psx.com.pk/download/attachment/277899-1.pdf
Important Risk Warning Alert (RWA)
PSX displays a Risk Warning Alert for DNCC. The notice states that the company is in continuous violation of Clauses 5.11.1 or 5.11.2 and carries a risk of trading suspension or delisting from the Exchange, subject to PSX terms and conditions.
This is a material regulatory disclosure. The alert does not, by itself, establish that suspension or delisting has already occurred. Readers should check the latest PSX announcements for the current status of the cited violations and any corrective actions.
Official PSX profile: https://dps.psx.com.pk/company/DNCC
PSX Non-Compliant Companies and Securities Portal
Dandot Cement Company Limited also appears on PSX's Non-Compliant Companies and Securities Profile Portal. This regulatory classification is separate from Shariah screening: a company can meet the financial criteria used for Shariah screening while having separate listing-regulation or compliance issues.
Before publishing, review the portal and the latest company-specific PSX notices to establish the exact current classification, relevant violations and any updates.
Official PSX portal: https://www.psx.com.pk/psx/resources-and-tools/Defaulting-Companies-Profile-Portal
Dividends and Corporate Actions
Dividend declarations and other corporate actions should be confirmed through official PSX announcements and the company's latest financial statements. Do not infer that a dividend has been declared or paid from the company's profitability or sales figures alone.
Investors should also review material-information announcements and any changes to the company's capital structure or financing arrangements.
Official source: https://dps.psx.com.pk/company/DNCC
What Investors Should Monitor
Investors researching DNCC may wish to examine:
- Profitability: Whether the company can return to consistent positive earnings.
- Margins: Changes in gross profit and net profit margins as costs and selling prices change.
- Cash flow: Whether operating activities generate enough cash to support production and other obligations.
- Financial position: Borrowings, liabilities, liquidity and access to financing.
- Regulatory status: The current status of the PSX Risk Warning Alert and any portal classification.
- Corporate disclosures: New financial results, material-information notices and corrective actions.
- Shariah screening: Any change in the official PSX-KMI All Share Islamic Index screening or applicable criteria.
Frequently Asked Questions
What is Dandot Cement's PSX symbol?
Its trading symbol is DNCC.
What does Dandot Cement do?
It manufactures and markets cement in Pakistan. Production began in 1983.
Is Dandot Cement Shariah-compliant?
It was classified as compliant in the PSX-KMI All Share Islamic Index screening published May 29, 2026, based on accounts to December 31, 2025. Investors should verify the latest official screening.
Did Dandot Cement make a profit in FY2025?
No. PSX reports a loss after taxation of approximately Rs.153.14 million in FY2025, compared with a profit of approximately Rs.20.43 million in FY2024.
What does the PSX Risk Warning Alert mean?
The PSX profile warns of continuing violations of specified listing regulations and a risk of suspension or delisting. Readers should consult the latest official disclosures for the current status.
Does Shariah-compliant status mean DNCC is a low-risk investment?
No. Shariah screening does not guarantee profitability, share-price stability, liquidity or freedom from regulatory risks.
Investor Note
This profile is for educational and research purposes. Financial performance, regulatory status and Shariah screening can change. Consult the latest official PSX announcements, audited financial statements and screening notices before making an investment decision.
This profile is for educational purposes and is not a recommendation to buy or sell any security.