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THTA.PSX PSX (Pakistan) Unclassified

Thatta Cement Company Ltd

$55,43
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Mcap
P/E
EV / Rev
Div yield
0,00 %
Op margin
30,5 %
ROE
26,2 %
Net margin
24,6 %
Debt / equity
0,12
Beta
52w range
Volume
Day range
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Next earnings
Ex-dividend
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About

Thatta Cement Company Ltd operates in the construction materials sector, generating revenue through the production and sale of cement products.

Business. Thatta Cement Company Ltd operates in the construction materials sector, generating revenue through the production and sale of cement products.

Classification20 %
SectorUnclassified
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
62
composite score
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
26,2 %
return on equity
Quality
51
quality score (0-100)

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning THTA.
  • Sector rotation

    Sector1D1Mvs mkt
    Communication Services+2,2 %−5,5 %+1,5 %
    Materials+2,2 %+3,2 %+1,4 %
    Energy+0,9 %+5,2 %+0,1 %
    Health Care+0,7 %−1,3 %+0,0 %
    Consumer Discretionary+0,3 %+9,2 %−0,4 %
    Information Technology+0,2 %+8,1 %−0,6 %
    Financials−0,5 %−3,0 %−1,2 %
    Consumer Staples−0,6 %+3,3 %−1,4 %
    Real Estate−0,7 %+10,9 %−1,4 %
    Industrials−1,1 %−0,3 %−1,8 %
    Utilities−1,9 %+28,2 %−2,6 %

    Developing storylines

    No tracked sagas currently linked to THTA.PSX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-24 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Score breakdown62
    Profitability+35
    Sentiment+30
    Risk penalty−3
    Missing signals−3

    Synthesis

    Business

    Thatta Cement Company Ltd operates in the construction materials sector, generating revenue through the production and sale of cement products.

    Classification20 %
    SectorUnclassified
    AI synthesis
    GENERATED

    Thatta Cement Company Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.12, indicating limited leverage relative to shareholder equity. The balance sheet shows total assets of 12.64 billion PKR against total liabilities of 4.65 billion PKR, resulting in total equity of 7.98 billion PKR. Liquidity is supported by a current ratio of 1.94, suggesting adequate short-term asset coverage for liabilities. However, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, implying reliance on operating cash flows to service obligations. Operating cash flow stands at 2.10 billion PKR, while free cash flow is 990.63 million PKR after capital expenditures of 1.52 billion PKR.

    Profitability metrics demonstrate strong returns on capital, with a return on equity (ROE) of 26.19% and a return on assets (ROA) of 16.55%. The company generated a gross profit of 2.95 billion PKR on revenue of 9.44 billion PKR, yielding a gross margin of approximately 31.25%. Operating income was 2.74 billion PKR, leading to a net income of 2.40 billion PKR, which reflects a net margin of approximately 25.37%. These margins indicate efficient cost management and pricing power within its operational context, although cohort median comparisons are unavailable to benchmark relative performance.

    Key takeaways
    • Strong profitability with 26.19% ROE and 16.55% ROA indicates efficient capital utilization.
    • Conservative leverage with a 0.12 debt-to-equity ratio reduces financial distress risk.
    • Medium liquidity risk is flagged due to negative net cash position despite a 1.94 current ratio.
    • Low dilution risk is confirmed by identical basic and diluted share counts.
    • Lack of historical data prevents trend analysis and growth rate calculation.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Revenue grew 35.7% annually over four years, reaching PKR 9.44 billion in fiscal year 2025.

    Net income surged 75.9% year-over-year to PKR 2.40 billion, demonstrating strong profitability acceleration.

    Low debt-to-equity ratio of 0.12 indicates a conservative capital structure with minimal leverage risk.

    BEAR CASE · 2

    Cash conversion ratio of 1.01 is below the cohort median of 1.22, indicating lower efficiency.

    The company faces a medium level of liquidity risk according to internal risk flag assessments.

    In focus — financials by report

    Annual
    ANNUALFiled 2025-09-08
    FY 2025 · Full-year highlights

    Revenue PKR 9.44B, +22,9% YoY; Operating income +27,7% YoY.

    RevenuePKR 9.44B+22,9 % YoY
    Operating incomePKR 2.74B+27,7 % YoY
    Net incomePKR 2.40B+75,9 % YoY
    Free cash flowPKR 990.6M−2,6 % YoY
    EPS
    Operating cash flowPKR 2.10B−42,0 % YoY
    Financials
    Income statement
    RevenuePKR 9.44B
    Gross profitPKR 2.95B
    Operating incomePKR 2.74B
    Net incomePKR 2.40B
    Margins
    Gross margin31.2%
    Operating margin29.0%
    Net margin25.4%
    FCF margin10.5%
    Balance sheet
    Total assetsPKR 12.64B
    Total liabilitiesPKR 4.65B
    Total equityPKR 7.98B
    Cash & equivalents
    Long-term debtPKR 949.2M
    Cash flow
    Operating cash flowPKR 2.10B
    CapEx-PKR 1.52B
    Free cash flowPKR 990.6M
    SBC
    P&L flow · revenue → net income
    Revenue PKR 9.44BOperating costs PKR 6.71BFinance PKR 191.3MNet income PKR 2.40B
    Highlights
    • Revenue PKR 9.44B, +22,9% YoY
    • Operating income +27,7% YoY
    • Net income +75,9% YoY
    • Free cash flow −2,6% YoY
    • Net margin 25.4%

    Valuation FY

    Market price
    $55,43
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $7.98B
    Net cash
    -$949.2M
    Current ratio
    1.9
    Debt / equity
    0.1
    ROA
    16.6%
    ROE
    26.2%
    Cash conversion
    101.0%
    CapEx / revenue
    -17.9%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin30,5 %Best in class
    Net Margin24,6 %Best in class
    ROE26,2 %Best in class
    Capex / Rev-17,9 %Bottom quartile
    D/E0,12Above median
    Cash Conv1,01Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Return On Assets
      net_income / total_assets
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Thatta Cement Company Ltd Market data — financials · 2026-07-06
    • Thatta Cement Company Ltd Market data — analyst estimates · 2026-07-06

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    28.2Kshares short-83.3% vs prior
    1days to cover
    7.1%short of daily vol
    1.9Kfails-to-deliver
    as of 2026-06-30 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    THTA.PSXCanonical
    PSX (Pakistan) · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2025-09-08 16:04 UTCEARNINGSAnnual results — FY 2025 Revenue PKR 9.44B · Net PKR 2.40B
    2024-08-21 09:44 UTCEARNINGSAnnual results — FY 2024 Revenue PKR 7.68B · Net PKR 1.36B
    2023-09-27 11:17 UTCEARNINGSAnnual results — FY 2023 Revenue PKR 5.53B · Net PKR 286.9M
    2022-09-30 15:33 UTCEARNINGSAnnual results — FY 2022 Revenue PKR 4.39B · Net PKR 98.8M
    2021-09-20 20:29 UTCEARNINGSAnnual results — FY 2021 Revenue PKR 2.79B · Net PKR 242.3M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-24 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage