Lucky Cement

What Lucky Cement does

Lucky Cement Limited is a Pakistan-headquartered cement manufacturer founded in 1993 and operating as the flagship entity of the Yunus Brothers Group (YBG). It runs two production facilities — a southern plant at Karachi (Gadap Town, Sindh) and a northern plant at Pezu (District Lakki Marwat, Khyber Pakhtunkhwa) — with a combined installed capacity of 15.6 MTPA, and it owns the only dedicated cement and clinker export terminal at Karachi Port. The product portfolio comprises Ordinary Portland Cement (OPC), Sulphate Resistant Cement (SRC), and Clinker, manufactured under computerized control systems and certified to Pakistan, British, Indian, Kenyan, Nigerian, South African, and Sri Lankan standards. The company has pioneered waste heat recovery and refuse/tire derived fuel installations in Pakistan and operates a 180 MW captive power plant for energy self-sufficiency, supplemented by a March 2022-announced 34 MW solar project with 5.589 MWh Reflex storage.

The company sells through direct enterprise and SMB channels in Pakistan's northern and southern regions via its own fleet of over 100 articulated prime movers, and exports clinker and cement through the Karachi Port terminal into South Africa, Sri Lanka, Bangladesh, Kenya, Nigeria, and Iraq. Cement is priced per ton on quote-based terms that vary by product, quantity, and delivery location; pricing is not publicly disclosed. Beyond the cement core, Lucky Cement consolidates a diversified subsidiary stack — Lucky Electric Power Company, ICI Pakistan (chemicals, pharmaceuticals, polymers, life sciences), ICI Pakistan Powergen, jointly controlled KIA Lucky Motors Pakistan, jointly controlled cement assets in Iraq (Al Mabrooka) and the DRC (Nyumba Ya Akiba), and a Pakistani airline (Lucky Air) — generating significant share-of-subsidiary earnings that complement core cement revenue. The group is publicly traded on PSX (LUCK) and on the London Stock Exchange Professional Securities Market via Global Depositary Receipts (LKCS).

The company is led by CEO Muhammad Ali Tabba (Chief Executive since 2005) and Chairman Muhammad Sohail Tabba (appointed 2023), with a board that includes family executives and independent directors appointed in 2021 and 2023. Historical strategic action has emphasized capacity compounding (Karachi brownfield December 2017, Pezu 2.6 MTPA in Q4 2019, a 3.15 MT announcement alongside FY2021 results), geographic diversification into Iraq and the DRC, and energy self-sufficiency through captive and renewable power. Lucky Cement reports through a fiscal year ending June 30, with FY ended June 30, 2021 producing the highest consolidated earnings on record at PKR 28.2 billion.

Name

Lucky Cement

Legal name

Lucky Cement Limited

Website

https://lucky-cement.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lucky Cement is a Pakistan-based cement manufacturer with 15.6 MTPA installed capacity across Karachi and Pezu plants, producing OPC, SRC, and clinker for domestic construction and export markets via its own Karachi Port terminal and 100-vehicle delivery fleet.

Ownership category

akta.pro rank

Product category

Cement Manufacturing

NAICS

Cement Manufacturing (327310)

SIC

Cement, Hydraulic (3241)

akta.pro primary industry

Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)

Keywords

• Cement manufacturing
• Ordinary portland cement
• Clinker production
• Cement export
• Building materials

Headquarters

HQ city

Karachi

HQ country

Pakistan

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Cement Sales: Manufacturing and sale of Ordinary Portland Cement (OPC) and Sulphate Resistant Cement (SRC) for domestic construction market
2. Clinker Export: Export of clinker through dedicated terminal at Karachi Port to international markets including South Africa, Sri Lanka, Bangladesh, Kenya, Nigeria
3. Consolidated Subsidiary Earnings: Share of earnings from consolidated subsidiaries including Lucky Electric Power Company, ICI Pakistan, KIA Lucky Motors, and others

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Lucky Cement manufactures and sells Ordinary Portland Cement (OPC), Sulphate Resistant Cement (SRC), and Clinker for domestic construction and international export markets. The company operates two integrated cement plants in Karachi and Pezu with a combined installed capacity of 15.6 MTPA, producing cement meeting Pakistan, British, Indian, Kenyan, Nigerian, South African, and Sri Lankan Standards for construction companies, builders, contractors, and international distributors.

Product overview

Lucky Cement is a cement manufacturing company producing three core products: Ordinary Portland Cement (OPC), Sulphate Resistant Cement (SRC), and Clinker. The products are manufactured using computerized control systems and stringent quality control techniques, meeting international standards including Pakistan, British, Indian, Kenyan, Nigerian, South African, and Sri Lankan specifications. The company operates manufacturing plants in Karachi and Pezu (Lakki Marwat), with an installed capacity of 15.6 MTPA, and maintains an export terminal at Karachi Port for international sales.

Differentiator

Problem solved

Functional benefit

Products and services

• Ordinary Portland Cement (OPC) High-quality Ordinary Portland Cement manufactured with computerized control systems and stringent quality control techniques, tested to Pakistan, British, Indian, Kenyan, Nigerian, South African, and Sri Lankan Standards. Sold to construction companies, builders, contractors, and developers for infrastructure, commercial, and residential construction projects.
• Sulphate Resistant Cement (SRC) Specialized cement designed for resistance to sulphate attack, suitable for environments with high sulphate concentrations in soil or water. Sold to construction companies and infrastructure developers for projects in sulphate-exposed conditions.
• Clinker Intermediate cement product that is ground with gypsum to produce Portland cement. Lucky Cement is Pakistan's first cement company to export bulk cement in large quantities, with clinker exported to international markets including South Africa, Sri Lanka, Bangladesh, Kenya, and Nigeria.

Quantifiable outcome

• Local cement sales volume growth of 16.9% reaching 3.21 million tons in H1 FY2018
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• KIA Motors CorporationcoreStrategic or Co-development Partner · 1 January 2018Lucky Cement signed agreement with KIA Motors Corporation for automobile manufacturing in Pakistan. KIA Lucky Motors Pakistan Limited was established as a joint venture for manufacturing, assembly, marketing, distribution, sale and after-sales service of KIA vehicles in Pakistan.
• Tianjin Cement Industry Design & Research Institute (China)coreTechnology or IntegrationContract signed for supply of state-of-the-art cement plant equipment for brownfield expansion at Pezu Plant with 2.6 million tons per annum capacity, to be installed in Q4 2019.
• Zindagi TrustminorStrategic or Co-development PartnerPartnership with Zindagi Trust for supporting two leading Government girls' schools in Karachi, transforming them into model educational institutions for women empowerment.
• The Hunar FoundationminorStrategic or Co-development PartnerVocational training scholarship partnership with The Hunar Foundation's Rashidabad Branch for youth of District Lakki Marwat, covering boarding, lodging and tuition fees.

Scale indicators7 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• Maple Leaf Cement Factory Limited: Pakistani cement manufacturer with similar capacity scale and product mix (OPC, SRC). Direct competitor in the domestic cement market with overlapping customer segments in construction and infrastructure.
• Cherat Cement Company Limited: Pakistani cement manufacturer with northern-region plant operations. Directly comparable in product range, quality positioning, and target customer base for bulk cement sales.
• DG Khan Cement Company Limited: One of Pakistan's largest cement manufacturers with significant export-oriented capacity and similar geographic footprint. Directly competes on bulk cement and clinker sales in domestic and export markets.
• Bestway Cement Limited: Pakistani cement producer with multiple plants and comparable OPC product portfolio serving the same construction customers. Competes directly on volume, quality certifications, and distribution coverage in Pakistan.
• Thatta Cement Company Limited: Smaller Pakistani cement producer with overlapping product portfolio (OPC, SRC) and southern Pakistan geographic footprint. Competes in similar customer segments albeit at smaller scale.
• Fauji Cement Company Limited: Pakistani cement producer operating multiple plants with comparable OPC/clinker product lines serving the same domestic construction market. Directly competes with Lucky Cement for market share in Pakistan's northern and southern regions.
• Attock Cement Pakistan Limited: Pakistani cement producer with comparable product portfolio (OPC, SRC) and similar quality standards. Direct competitor focused on domestic and frontier export markets with overlapping geographic reach.

Regional players

• UltraTech Cement Limited: India's largest cement producer with comparable scale, vertical integration into power, and product range. Regional peer competing in adjacent South Asian market with overlapping export opportunities.

Broad incumbents

• Holcim Limited: Global cement and aggregates giant with operations across South Asia. Broader incumbent offering overlapping capabilities through Lafarge Pakistan and India operations; not specialized to Lucky Cement's niche.
• Heidelberg Materials: Global cement, aggregates and ready-mix concrete producer with broad geographic footprint. Operates in adjacent South Asian and MENA markets, competing indirectly through international trade flows.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/luckycementltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries13 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lucky Cement