Qatar National Cement Co. · QSE:QNCD
Qatar National Cement — Q3 2026 Earnings Presentation
29 slides from Qatar National Cement's earnings presentation, Oct 21, 2026
Slide 1: Financial Summary for Period ended 30 Sep 2026
Financial Summary for Period ended 30 Sep 2026 Oct 21, 2026 Doha, Qatar شركة قطر الوطنية لصناعة األسمنت Qatar National Cement Company
Slide 2: Table of Contents
Company Profile Macroec CSR onomic update Table of Contents Outlook Financial Highlights Financial infomration شركة قطر الوطنية لصناعة األسمنت Qatar National Cement Company
Slide 3: Disclaimer
Disclaimer The information contained herein has been prepared by Qatar National Cement Co. Q.P.S.C (QNCD). QNCD relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This presentation has been prepared for information purposes only a
Slide 4: Company Profile
Company Profile شركة قطر الوطنية لصناعة األسمنت Qatar National Cement Company
Slide 5: Company at glance
Company at glance •Established in 1965 with Emiri Decree No. 07. •Major Producer and Seller of OPC,SRC Cement and Washed Sand in the State of Qatar. •4 Cement Plants, 2 Sand Washing Plants and Calcium Carbonate Plant. •Total Cement Production Capacity of 19,000 T.P.D. •Total Sand Washing Plant Produ
Slide 6: Competitive Strength
Competitive Strength Strong financial Robust liquidity position with no debt. position Solid dividend payout history Market Major building material producer in the region. leader Strong market presence Experienced team Decades of industry experienced شركة قطر الوطنية لصناعة األسمنت Qatar National
Slide 7: Macroeconomic update
Macroeconomic update شركة قطر الوطنية لصناعة األسمنت Qatar National Cement Company
Slide 8: US Yield Vs Qatar
US Yield Vs Qatar SOVEREIGN YIELD CURVES Qatar vs US Treasuries Yields 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 6.17% 6.18% 6.24% 5.35% 5.35% °-—__.___ ss —> e& 437% 5.45% 5.40% 4.45% 4.72% 1 year 2 year 5 year 20 year 30 year
Slide 9: Qatar Stock Market
Qatar Stock Market Qatar DSM Index 10,500 300.0 10,200 9,900 200.0 9,600 100.0 9,300 9,000 T T T T T T T T 00 S-Jul 20-Jul 4-Aug 19-Aug 3-Sep 18-Sep 3-Oct 18-Oct Index Volume (mn) rn Index Value
Slide 10: Qatar Vs GCC
Qatar Vs GCC Dividend Yield Market (Index) Country Market P/E Ratio (Avg) Qatar Stock Exchange (QE Index) QA 10.5x 4.5% – 5.2% Tadawul All Share (TASI) KSA 14.5x 3.20% Dubai Financial Market (DFM) UAE 11.8x 4.20% Abu Dhabi Exchange (ADX) UAE 15.2x 3.80% Boursa Kuwait (BK Main) KW 12.9x 4.60% Chart T
Slide 11: QNCD Dashboard
QNCD Dashboard Revenue 9% GP 13% NP 2% QAR 315m QAR68m QAR 80m Cash Bal. Investment QAR496 m 23% QAR310 m 24%
Slide 12: Highlights of Significant Achievement
Highlights of Significant Achievement • Maintaining a strategic stock of clinker, which will enhance the company’s competitive ability in the future to meet the market’s needs for different types of high-quality cement. •Distributed 22% of capital amounting to QAR 144m as a cash dividend for the yea
Slide 13: Income Statement for the Period ended Sep 30, 2026
Income Statement for the Period ended Sep 30,2026 (All amounts in Qr. (000)) 2026 2025 % Continuing Operations Revenue 315,645 290,692 9 Cost of Sales (247,850) (230,850) 7 Gross Profit 67,795 59,842 13 Other Income 34,032 37,691 (10) Selling & Dis. Exp (14,327) (13,872) 3 G&A exp (6,656) (5,022) 33
Slide 14: Statement of Financial Position
Statement of Financial Position Interim Statement of Financial Position Actual Actual Change In QR thousands Sep-26 Dec-25 QR % Assets Non-Current Assets Property,plants and equipment and CWIP 1,469,718 1,542,054 (72,336) (5%) Right-to-use asset 4,258 6,777 (2,519) (37%) Investment properties 45,738
Slide 15: Statement of Financial Position
Statement of Financial Position Interim Statement of Financial Position Actual Actual Change In QR thousands Sep-26 Dec-25 QR % Equity and Liabilities Equity Share capital 653,529 653,529 - 0% Legal reserve 326,764 326,764 - 0% Fair value reserve-Equity Shares (34,957) 7,821 (42,778) (547%) Share of
Slide 16: Financial Performance: Revenue and Cost of Revenue
Financial Performance for the Period ended Sep 30,2026 (All amounts in Qr. (000)) Revenue 350,000 315,645 The revenue increases by 9% mainly due 300,000 290,692 to increase in washed sand and slag 250,000 volume. •. 200,000 150,000 Cost of Revenue 100,000 50,000 The cost of revenue has increased by
Slide 17: Financial Performance: Gross Profit and Net Profit
Financial Performance for the Period ended Sep 30,2026 (All amounts in Qr. (000)) Gross Profit 100,000 31% increase in GP driven by increase in 90,000 80,000 volumes. 70,000 60,000 50,000 40,000 Net Profit 30,000 20,000 The slight increase in NP is mainly due 10,000 to increase in GP. - 2026 2025 Gr
Slide 18: Financial Performance: Liquidity Ratios
Financial Performance for the Period ended Sep 30,2026 (All amounts in Qr. (000)) Curr. ratio Liquidity ratio 8.00 Current ratio stays same at 6.49 times as compared to 7.42 at Dec 2025. 7.00 6.00 5.00 4.00 Curr. Ratio Quick ratio 3.00 2.00 1.00 Quick Ratio 0.00 2026 2025 The quick ratio stays same
Slide 19: Quarterly analysis of Revenue & Cost of Sales
Financial Performance for the Period ended Sep 30,2026 (All amounts in Qr. (000)) Quarterly analysis of Revenue & Cost of Sales 120,000 108,421 111,863 103,056 106,791 96,991 100,000 87,803 84,454 84,461 77,931 75,586 80,000 60,000 40,000 20,000 0 Q3 2025 Q 4 2025 Q 1 2026 Q2 2026 Q3 2026 Revenue Co
Slide 20: Dividend History
Dividend History Bonus 27% Dividend Dividend Shares Sr# Description Distribution % Amount (QAR) % 30% 30% 30% 30% - 27% 1 2025 22 0.22 - 22% 2 2024 27 0.27 20% 3 2023 30 0.30 - 4 2022 30 0.30 - 4 2021 30 0.30 - 5 2020 20 0.2 - 6 2019 30 **0.3 - 2025 2024 2023 2022 2021 2020 2019 Note: **During the y
Slide 21: Price and P/B ratio
Price and P/B ratio 6.00 5.1 4.71 4.84 5.00 4.66 4.67 4.54 4.38 4.48 3.97 3.95 4.00 3.50 3.00 2.47 2.00 1.00 - 2026 2025 2024 2023 2022 2021 Price P/B ratio
Slide 22: Peer Comparison
Peer Comparison Company (Ticker) Country P/E Ratio (TTM) Peer Comparison Qatar National Cement QA 15.3x 40 (QNCD) Qatari Investors Group QA 17.6x (QIGD) 33.9 35 Yamama Cement (3020) KSA 10.3x Saudi Cement Co. (3030) KSA 13.1x Riyadh Cement (3092) KSA 14.1x 30 Najran Cement (3002) KSA 33.9x 25 20 17.
Slide 23: Earning Per Share on 9-month Basis
Earning Per Share on 9-month Basis EPS Trend 0.3 0.26 0.256 0.25 0.23 0.2 0.2 0.15 0.12 0.12 0.1 0.05 0 2026 2025 2024 2023 2022 2021 Series 1
Slide 24: Industrial Area Project
Industrial Area Project شركة قطر الوطنية لصناعة األسمنت Qatar National Cement Company
Slide 25: Industrial Area Project
Industrial Area Project Description Total estimated Value of the QAR 38m project The project completed شركة قطر الوطنية لصناعة األسمنت Qatar National Cement Company
Slide 26: CSR Activities
CSR Activities شركة قطر الوطنية لصناعة األسمنت Qatar National Cement Company
Slide 27: Social Activities
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Slide 28: Celebration for 1 Million Safe Manhours without LTI - 2026
Celebration for 1 Million Safe Manhours without LTI - 2026
Slide 29: Contact us
Contact us Saqib Pervez Head of Finance/Investor Relation Officer Tel: +974-40426003 Mobile:+974-50304598 Email:[email protected]&[email protected] Web:www.qatarcement.com
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