Q 
Qatar National Cement Company (QPSC) QNCD.QA · QAR
Materials · Qatar Stock Exchange · 🇶🇦 Qatar
2.72
—
Close of 9 Nov 2026, in QAR
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in QAR, from our data supplier.
Revenue
QAR 397.0m
FY2015FY2024
Net income
QAR 159.8m
FY2015FY2024
Free cash flow
QAR 135.3m
FY2015FY2024
Shareholders' equity
QAR 3.04bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | QAR 397.0m | QAR 460.8m | QAR 708.8m | QAR 824.4m | QAR 659.6m | QAR 703.0m | QAR 848.2m | QAR 1.03bn | QAR 1.14bn | QAR 1.17bn |
| Gross profit | QAR 132.8m | QAR 189.2m | QAR 220.5m | QAR 266.6m | QAR 165.5m | QAR 187.5m | QAR 347.8m | QAR 333.6m | QAR 473.0m | QAR 474.5m |
| Operating income | QAR 100.1m | QAR 128.7m | QAR 183.9m | QAR 228.5m | QAR 125.5m | QAR 148.7m | QAR 308.1m | QAR 294.5m | QAR 430.0m | QAR 433.0m |
| Net income | QAR 159.8m | QAR 205.1m | QAR 227.1m | QAR 224.5m | QAR 148.5m | QAR 172.2m | QAR 347.8m | QAR 326.9m | QAR 475.1m | QAR 463.6m |
| Diluted earnings per share | 0.24 | 0.31 | 0.35 | 0.34 | 0.23 | 0.26 | 0.53 | 0.50 | 0.73 | 0.71 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | QAR 3.30bn | QAR 3.41bn | QAR 3.47bn | QAR 3.45bn | QAR 3.31bn | QAR 3.50bn | QAR 3.77bn | QAR 3.90bn | QAR 3.71bn | QAR 3.32bn |
| Cash and short-term investments | QAR 666.0m | QAR 668.6m | QAR 787.0m | QAR 698.8m | QAR 295.2m | QAR 210.8m | QAR 608.8m | QAR 910.1m | QAR 693.1m | QAR 438.4m |
| Total liabilities | QAR 259.6m | QAR 321.9m | QAR 385.3m | QAR 401.0m | QAR 269.8m | QAR 410.3m | QAR 576.6m | QAR 762.8m | QAR 622.3m | QAR 470.9m |
| Debt | — | — | — | — | — | QAR 91.3m | QAR 273.8m | QAR 364.1m | QAR 182.1m | — |
| Shareholders' equity | QAR 3.04bn | QAR 3.09bn | QAR 3.08bn | QAR 3.05bn | QAR 3.04bn | QAR 3.09bn | QAR 3.20bn | QAR 3.14bn | QAR 3.09bn | QAR 2.84bn |
| Shares outstanding | 654m | 654m | 654m | 654m | 654m | 654m | 654m | 654m | 654m | 654m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | QAR 148.2m | QAR 37.4m | QAR 258.0m | QAR 518.5m | QAR 337.8m | QAR 68.3m | QAR 224.8m | QAR 393.1m | QAR 545.2m | QAR 531.6m |
| Capital spending | −QAR 12.9m | −QAR 15.9m | −QAR 6.7m | −QAR 3.8m | −QAR 13.3m | −QAR 31.4m | −QAR 92.8m | −QAR 170.5m | −QAR 269.0m | −QAR 490.5m |
| Free cash flow | QAR 135.3m | QAR 21.5m | QAR 251.2m | QAR 514.6m | QAR 324.5m | QAR 36.8m | QAR 132.0m | QAR 222.7m | QAR 276.2m | QAR 41.1m |
| Dividends paid | −QAR 196.1m | −QAR 196.1m | −QAR 196.1m | −QAR 130.7m | −QAR 196.1m | −QAR 326.8m | −QAR 294.1m | −QAR 232.5m | −QAR 230.5m | −QAR 194.3m |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | QAR 103.1m | QAR 97.0m | QAR 90.6m | QAR 106.3m | QAR 93.1m | QAR 91.5m | QAR 106.1m | QAR 106.7m |
| Gross profit | QAR 18.6m | QAR 20.6m | QAR 20.6m | QAR 28.4m | QAR 40.1m | QAR 24.2m | QAR 40.1m | QAR 44.4m |
| Operating income | QAR 12.7m | QAR 16.7m | QAR 11.2m | QAR 13.5m | QAR 35.6m | QAR 19.6m | QAR 31.4m | QAR 24.9m |
| Net income | QAR 23.4m | QAR 24.6m | QAR 30.7m | QAR 29.8m | QAR 47.5m | QAR 31.1m | QAR 51.4m | QAR 53.5m |
| Diluted earnings per share | 0.04 | 0.04 | 0.05 | 0.05 | 0.07 | 0.05 | 0.08 | 0.08 |
| Total assets | QAR 3.17bn | QAR 3.14bn | QAR 3.10bn | QAR 3.30bn | QAR 3.28bn | QAR 3.23bn | QAR 3.19bn | QAR 3.41bn |
| Cash and short-term investments | QAR 613.2m | QAR 573.7m | QAR 500.9m | QAR 666.0m | QAR 536.9m | QAR 468.8m | QAR 454.7m | QAR 668.6m |
| Debt | QAR 3.6m | QAR 3.6m | — | — | — | — | — | — |
| Shareholders' equity | QAR 2.96bn | QAR 2.93bn | QAR 2.89bn | QAR 3.04bn | QAR 3.02bn | QAR 2.96bn | QAR 2.92bn | QAR 3.09bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -21.6% | -10.8% | -9.3% |
| Operating income | -24.1% | -7.6% | -12.9% |
| Net income | -10.7% | -1.5% | -9.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 37.5% | 33.8% | 31.0% | 36.0% |
| Operating margin | 26.7% | 26.8% | 24.4% | 30.9% |
| Net margin | 42.5% | 34.2% | 30.3% | 35.2% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 16.4 | 12.6 | 13.9 | 14.8 | 18.3 | 21.4 | 11.2 | 12.6 | 10.8 | 11.9 |
| Price to sales | 6.6 | 5.6 | 4.5 | 4.0 | 4.1 | 5.3 | 4.6 | 4.0 | 4.5 | 4.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 23 years. Last went ex-dividend on 16 Apr 2026.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.27 | 0.30 | 0.30 | 0.30 | 0.20 | 0.30 | 0.50 | 0.45 |
- 10-for-1 split · 25 Jun 2019
- 11-for-10 split · 6 Mar 2017
- 11-for-10 split · 17 Feb 2016
- 11-for-10 split · 19 Mar 2015
- 11-for-10 split · 10 Mar 2011
- 5-for-4 split · 17 Mar 2009
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.