Qatar National Cement Company (Q.P.S.C.) (QSE:QNCD)
Qatar flag Qatar · Delayed Price · Currency is QAR
2.810
+0.042 (1.52%)
Nov 12, 2026, 1:13 PM AST

QSE:QNCD Financials Overview

Millions QAR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
424.07399.11396.98460.79708.76824.4
Revenue Growth
6.83%0.54%-13.85%-34.99%-14.03%24.98%
Gross Profit
98.2990.33132.84189.24221.39266.64
Operating Income
55.4249.56100.43128.8185.87227.98
Net Income
101.64100.28159.83205.1227.1224.53
Earnings Per Share
0.160.150.240.310.350.34
EPS Growth
-6.29%-37.26%-21.11%-10.79%2.21%49.68%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cement
310.67290.95306.97351.86571.78673.81
Sand
104.4299.4780.9299.86129.11141.61
Others
8.988.699.099.067.878.98
Total
424.07399.11396.98460.79708.76824.4

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
502.4650.93658.72668.6787.01698.85
Total Debt
9.226.88----
Net Cash (Debt)
493.17644.05658.72668.6787.01698.85
Net Cash Growth
-19.09%-2.23%-1.48%-15.05%12.62%136.72%
Net Cash Per Share
0.750.991.011.021.201.07

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
110.96204.24136.3137.39257.95518.47
Capital Expenditures
-22.21-56.81-11.8-15.6-6.72-3.85
Free Cash Flow
88.75147.43124.5121.79251.23514.62
Free Cash Flow Growth
-18.40%471.42%-91.33%-51.18%58.61%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
23.18%22.63%33.46%41.07%31.24%32.34%
Operating Margin
13.07%12.42%25.30%27.95%26.22%27.65%
Pretax Margin
23.97%25.17%40.44%44.51%32.04%27.24%
Profit Margin
23.97%25.13%40.26%44.51%32.04%27.24%
FCF Margin
20.93%36.94%31.36%4.73%35.45%62.42%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.2200.2200.2700.3000.3000.300
Dividend Per Share Growth
-18.52%-18.52%-10.00%0%0%50.00%
Dividend Yield
7.83%7.97%6.72%7.60%6.20%5.88%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
18.0717.9916.4312.5813.9314.84
Forward PE
15.8312.1311.7611.7611.7611.76
P/FCF Ratio
20.6912.2421.10118.3812.596.48
PS Ratio
4.334.526.625.604.464.04