$LUCK Lucky Cement Limited (LUCK): Result Review – By Taurus Research
$LUCK
Lucky Cement Limited
Rs. 450.00
+0.80%
- 2QFY26 EPS (Un-consolidated): PKR 5.9; 2QFY26 EPS (Consolidated): PKR 15.4 – inline with expectations.
- LUCK’s net sales clocked-in at ~PKR 34Bn, remained flat compared to the previous quarter on account of increase in total dispatches merely by ~1% along with lower retention prices i.e. domestic dispatches up 8%QoQ, while exports were down 12%QoQ during 2QFY26. Gross margins hovered around 36% during 2QFY26, down 3pptsQoQ due to lower retention prices. Net earnings arrived at PKR 8.6Bn in 2QFY26, down 41%QoQ mainly due to lower other income i.e. down 58%QoQ on the back of absence of dividend income from LEPCL. Moreover, consolidated EPS clocked-in at ~PKR 15.4/sh. in 2QFY26, driven by continued contribution from subsidiaries including LCI, Lucky Electric & Lucky Motors etc, respectively.