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Safe Mix Concrete Limited

Safe Mix Concrete Limited (PSX: SMCPL) was incorporated in Pakistan as a private limited company in 2005 and was ultimately converted into a public limited company in 2007. The company is engaged in the manufacturing and sale of ready mix concrete, building blocks as well as construction of factories, prefabricated buildings and other construction sites. SMCPL is a company of Arif Habib Group and…

Safe Mix Concrete Limited

Safe Mix Concrete Limited (SMCPL) is a privately held company based in Pakistan, engaged in the manufacturing and sale of ready mix concrete, building blocks and construction of various sites. The company is a part of the Arif Habib Group and is its designated supplier of ready mix concrete for the Naya Nazimabad project. As of June 30, 2026, SMCPL had a total of 25 million shares issued, held by 1068 shareholders.

The CEO holds 35.84 percent of the shares, while Arif Habib Corporation Limited owns 27.63 percent. The remaining shares are spread among local general public and other categories of shareholders.

SMCPL's financial performance has been marked by ups and downs since its establishment. In 2021, the company posted net losses and a gross profit for the first time since its inception. Gross profit was recorded at Rs.17.63 million, and operating profit of Rs.8.22 million. The company's bottom line turned positive due to reduced operating expenses and impairment loss of financial assets. Net profit in 2021 was Rs.6.57 million, resulting in a net profit margin of 2.97 percent and an earnings per share (EPS) of Rs.0.26.

In 2022, SMCPL experienced a strong rebound, with the company's top line growing by 139.44 percent to reach Rs.529.72 million. This growth was attributed to increased sales volume, price revisions, and higher capacity utilization. Gross profit increased by 544 percent, reaching 21.44 percent, while operating profit surged by 987.93 percent, resulting in a margin of 16.87 percent.

Finance costs grew by 88 percent, but this was offset by strong sales performance. Net profit for 2022 was Rs.46.456 million, with a net profit margin of 8.77 percent and an EPS of Rs.1.86.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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