FCL

Fast Cables Limited

By PSX Investors Zone · Updated October 23, 2026

Fast Cables Limited company profile

Fast Cables Limited (PSX: FCL) is a Pakistani manufacturer of electrical wires, cables, metals, conductors and LED lighting products. Incorporated in 2008 and listed on the Pakistan Stock Exchange in June 2024, the company serves demand from construction, power distribution, infrastructure, industrial and commercial markets. For the financial year ended June 30, 2026, Fast Cables reported revenue of approximately Rs. 38.72 billion, gross profit of Rs. 7.23 billion, profit after tax of Rs. 2.11 billion and earnings per share of Rs. 3.28. Revenue increased by approximately 21.5% and profit after tax by 66.2% compared with FY2025. The board recommended a final cash dividend of Rs. 1.50 per share, subject to the applicable shareholder approval and entitlement process. Fast Cables appeared as Shariah-compliant in the PSX-KMI All Share Islamic Index review effective June 5, 2026. Investors should verify the latest official screening status before investing. **Important PSX Risk Warning:** The PSX company page displays an alert referring to continuous violation of specified listing-regulation clauses and the risk of suspension of trading or delisting. Investors should check the latest official PSX notice and company disclosures to understand the current status of this matter.

Company Overview

Fast Cables Limited (PSX: FCL) is a Pakistani manufacturer operating in the cable and electrical goods sector. The company was incorporated in Pakistan on December 29, 2008, and listed on the Pakistan Stock Exchange on June 10, 2024.

Its business focuses on manufacturing and selling electrical wires, cables, metals, conductors and LED lighting products. The company serves customers across markets where reliable electrical infrastructure is essential, including construction, industrial activity, power distribution and commercial development.

Fast Cables operates its head office in DHA Phase III, Lahore, with a manufacturing facility on the Sundar–Raiwind Road. Its business performance is influenced by demand for electrical products, copper and other raw-material prices, manufacturing efficiency, working-capital requirements and competition.

Official company website: https://fast-cables.com/

Business Activities and Products

Fast Cables' principal activities include:

  • Electrical wires and cables: Products used in buildings, industrial facilities and electrical installations.
  • Metals and conductors: Materials and products supporting electrical transmission and distribution applications.
  • LED lighting: Lighting products for commercial and other applications.
  • Manufacturing and distribution: Production, quality control and delivery to customers through its sales and distribution network.

Demand for these products can be affected by construction activity, infrastructure spending, industrial investment, electricity-sector projects and general economic conditions.

Financial Performance

FY2026 Annual Results

For the financial year ended June 30, 2026, Fast Cables reported the following results:

Financial measureFY2026FY2025
RevenueRs. 38.72bnRs. 31.86bn
Gross profitRs. 7.23bnRs. 5.38bn
Operating profitRs. 5.07bnRs. 3.48bn
Profit after taxRs. 2.11bnRs. 1.27bn
Earnings per shareRs. 3.28Rs. 1.97
Gross profit margin18.68%16.87%
Net profit margin5.45%3.99%

Revenue increased by approximately 21.5%, while profit after tax rose by approximately 66.2% compared with FY2025. The company also reported improved gross and net profit margins.

Its FY2026 annual report attributes the improvement to factors including increased utilization of manufacturing capacity, operational efficiencies, product and customer mix, sales execution and cost management. Investors should review the audited annual report for the full explanation and related financial-statement notes.

What These Results Mean for Investors

Revenue growth indicates higher reported business activity, while the stronger increase in net profit suggests that profitability improved faster than sales during FY2026. However, revenue growth does not automatically translate into stronger cash flow or lower financial risk.

Investors should also examine trade receivables, inventory, operating cash flow, short-term financing, finance costs and capital expenditure. The company's annual report notes that higher sales increased working-capital requirements, making cash collection and inventory management important monitoring points.

Official financial sources:

Shariah Compliance Status

Fast Cables Limited appeared as compliant in the PSX-KMI All Share Islamic Index screening review effective June 5, 2026, based on accounts to December 31, 2025.

The screening data reported the following ratios:

Screening measureReported ratio
Debt to total assets1.18%
Non-compliant investments to total assets0.00%
Non-compliant income to total revenue0.00%
Illiquid assets to total assets60.71%

These figures relate to the stated screening period and are not fresh calculations based on FY2026 audited accounts. Shariah classifications can change when the index is reviewed, and the screening methodology may be revised.

PSX announced in February 2026 that the debt-to-assets threshold would change from 37% to 33% beginning with the November 2026 recomposition, based on June 2026 annual or half-yearly accounts. Therefore, investors should consult the latest official screening notice and the applicable methodology before relying on the company's classification.

Official references:

Dividend and Shareholder Returns

On August 18, 2026, Fast Cables announced that its board recommended a final cash dividend of 15%, equivalent to Rs. 1.50 per share, for FY2026. The recommendation is not the same as confirmation that the dividend has been paid. Investors should verify the relevant shareholder approval, entitlement dates and payment status in the company's official announcements.

Dividend analysis should consider earnings, operating cash flow, financing requirements and future capital investment rather than relying only on the most recently announced payout.

Official announcements: https://dps.psx.com.pk/company/FCL

Important PSX Risk Warning Alert

The official PSX company page displays a Risk Warning Alert stating that Fast Cables is in continuous violation of specified clauses, 5.11.1 or 5.11.2, and carries a risk of trading suspension or delisting from the Exchange.

This is a material regulatory risk and should not be overlooked. Before investing, review the latest official PSX notice and company disclosures to understand the nature of the issue, any corrective steps taken and whether the alert remains applicable.

The presence of a company in a Shariah-compliant screening list does not remove regulatory, trading, liquidity or business risks. Shariah screening and exchange-listing compliance are separate considerations.

Official reference: https://dps.psx.com.pk/company/FCL

Key Factors Investors Should Monitor

Revenue and demand: Track sales growth and demand from construction, industrial and infrastructure markets.

Raw-material prices: Copper and other metal prices can affect manufacturing costs, pricing decisions and margins.

Profitability: Monitor gross margin, operating margin, net margin and earnings per share across reporting periods.

Working capital: Examine receivables, inventories, supplier payments and operating cash flow to assess whether sales growth is translating into cash.

Finance costs: Changes in borrowing requirements and interest rates can affect profitability and financing risk.

Capacity utilization: Evaluate whether manufacturing investments are being used efficiently and contributing to sustainable returns.

Dividend sustainability: Compare dividend distributions with earnings, cash flow and capital requirements.

Regulatory status: Review the PSX Risk Warning Alert and subsequent official disclosures.

Shariah screening: Recheck the current official PSX-KMI All Share screening result after each relevant review.

Frequently Asked Questions

What is the PSX symbol for Fast Cables Limited?

Its Pakistan Stock Exchange symbol is FCL.

What does Fast Cables Limited manufacture?

The company manufactures and sells electrical wires, cables, metals, conductors and LED lighting products.

When was Fast Cables listed on the PSX?

The company was incorporated in 2008 and listed on the Pakistan Stock Exchange on June 10, 2024.

What were Fast Cables' FY2026 results?

For the year ended June 30, 2026, it reported revenue of approximately Rs. 38.72 billion, profit after tax of Rs. 2.11 billion and EPS of Rs. 3.28.

Did Fast Cables announce a dividend for FY2026?

On August 18, 2026, the board recommended a final cash dividend of Rs. 1.50 per share. Investors should check official announcements for approval and payment details.

Is Fast Cables Shariah-compliant?

It appeared as compliant in the PSX-KMI All Share Islamic Index review effective June 5, 2026. Investors should verify the latest official screening status because classifications can change.

Does Fast Cables have a PSX risk warning?

Yes. The PSX company page displays a Risk Warning Alert concerning specified listing-regulation violations and potential trading suspension or delisting. Review the latest official notice before making an investment decision.

Official Sources

This profile is for company research and investor education. Financial results, dividend recommendations, screening classifications and regulatory alerts are period-specific. Check the latest official disclosures before making investment decisions.

#fast cables limited#fcl#fcl stock#fast cables share analysis#pakistan stock exchange#psx company profile#cable and electrical goods#electrical cables pakistan#wire manufacturing#electrical infrastructure#shariah-compliant stocks#islamic stock screening#fcl financial results#fcl eps#fcl dividend#fcl risk warning#psx stock analysis

This profile is for educational purposes and is not a recommendation to buy or sell any security.

More company profiles

View all
EMCO

Cable & Electrical Goods

EMCO Industries Limited

EMCO Industries Limited (PSX: EMCO) is a Pakistani electrical-equipment manufacturer established in 1954. The company specialises in high- and low-tension electrical porcelain insulators and switchgear used in electrical transmission, distribution and industrial applications. For FY2026, EMCO reported revenue of approximately Rs. 4.679 billion, profit after tax of Rs. 69.442 million and earnings per share of Rs. 1.98, compared with FY2025 revenue of Rs. 3.607 billion and EPS of Rs. 1.59. EMCO was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition effective June 5, 2026, based on accounts to December 31, 2025. However, PSX displays a Risk Warning Alert concerning regulatory violations and possible trading suspension or delisting. Investors should evaluate this regulatory risk alongside the company’s financial performance and verify its latest Shariah screening status.

PAEL

Cable & Electrical Goods

Pak Elektron Limited

Pak Elektron Limited (PSX: PAEL) is a Pakistani manufacturer of electrical equipment and domestic appliances. Incorporated in 1956, the company operates through its Power and Appliances divisions, producing products such as transformers, switchgear, energy meters, refrigerators, air conditioners and other household appliances. In FY2025, PAEL reported sales of approximately Rs. 63.52 billion, profit after tax of Rs. 3.85 billion and earnings per share of Rs. 4.24. Investors researching PAEL should assess its earnings growth, margins, debt, cash flow, demand for electrical equipment and appliances, Shariah screening status and the Risk Warning Alert displayed on its PSX profile. Historical results do not guarantee future performance. Source: https://dps.psx.com.pk/company/PAEL

FML

Textile Composite

Feroze1888 Mills Limited

Feroze1888 Mills Limited (PSX: FML) is a Pakistani textile manufacturer incorporated in 1972 and principally engaged in the production and export of towels. Its products serve international textile and home-textile markets. In FY2026, the company reported unconsolidated sales of Rs. 67.73 billion, gross profit of Rs. 8.41 billion and profit after tax of Rs. 804.27 million, compared with Rs. 99.02 million in FY2025. EPS increased from Rs. 0.25 to Rs. 2.01, although gross profit declined and finance costs remained substantial. FML was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index review effective June 5, 2026, based on December 2025 accounts. The official PSX page also displays a Risk Warning Alert concerning possible suspension or delisting, which investors should assess separately from Shariah status and financial performance.