Bestway Cement Limited — Cyborg Score 7/10

Strong
Cement Manufacturing

Strategic Profile

As a subsidiary of the British Bestway Group, the company benefits from strong international backing and capital investment. The company has invested in renewable energy infrastructure, commissioning solar power units and planning 50MW of solar installations across its plants in Farooqia, Chakwal, Kallar Kahar and Hattar.

Cyborg Score Rationale

Bestway has demonstrated strong acquisition capability, acquiring Mustehkam Cement for $70 million in 2005 and Lafarge Pakistan's 75.86% stake for $329 million in 2014. Strategic focus on sustainability and renewable energy integration positions the company well for long-term competitive advantage.

Top Insights

  • Fourth cement plant with 1.8 million TPA capacity inaugurated in June 2008 in Chakwal at cost of $180 million.
  • Announced plans in May 2021 to establish greenfield plant in Mianwali with 7,200-ton capacity including 9MW waste heat recovery plant.
  • Commissioned first 14.3MW captive solar power unit at Farooqia plant in June 2021.
  • Current market cap of approximately 298.54 billion PKR with 10% free float, indicating concentrated ownership by Bestway Group.

Named Competitors

  • Cement Manufacturing — Local Pakistani cement producer
  • Cement Manufacturing — Major Pakistani cement manufacturer
  • Cement Manufacturing — Leading Pakistani cement producer

Recent Developments

  • (Sep 2025) Stock reached all-time high of 687.61 PKR
  • (Feb 2026) Earnings report released
  • (Mar 2026) Trading at 500-530 PKR range with market cap around 316 billion PKR

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