Fast Cables Ltd.
PPSX:FCL23.96
PKR
-0.09
(-0.37%)
ISIN
PK0131601012
Return %
Stock
S&P 500
1Y
2.04
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Kamal Mahmood Amjad Mian
- Full Time Employees
- 1,177
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Lahore Pakistan
- IPO Date
- Jun 10, 2024
- Website
- fast-cables.com
- Similar Companies
- Business
- Fast Cables Limited manufactures and distributes electrical cables, conductors, and lighting solutions for residential, commercial, industrial, and infrastructure sectors. The company operates through specialized product categories, offering low-voltage power cables, building wires, control and instrumentation cables, solar cables, fire-resistant cables, and low-smoke zero-halogen (LSZH) cables; medium-voltage power cables; overhead electrical conductors, including all-aluminium conductors (AAC), all-aluminium alloy conductors (AAAC), and aluminium conductor steel-reinforced (ACSR) conductors; indoor and outdoor LED lighting systems, encompassing street lights, flood lights, downlights, panel lights, and bulbs; and raw material and intermediate industrial products, such as aluminium and aluminium alloy rods, copper busbars, enameled copper winding wires, and PVC insulation compounds. In addition, the company provides cable verification and product authentication services through its proprietary Fast Tasdeeq technology platform and mobile application. Founded in 1985 and incorporated as a public limited company in 2008, Fast Cables Limited is headquartered in Lahore, Pakistan, maintaining manufacturing facilities, sales offices, and distribution networks nationwide. In June 2024, the company completed its initial public offering (IPO) and listed its shares on the Pakistan Stock Exchange under the ticker symbol FCL. Following the offering, Fast Cables completed a comprehensive PKR 3.59 billion plant and machinery expansion in early 2026, expanding aggregate copper and aluminium processing capacity from 22,200 metric tons to 29,800 metric tons per annum and integrating a second Catenary Continuous Vulcanization (CCV) line that doubled its medium-voltage cable manufacturing output. Recent corporate developments in 2026 include the strategic divestment of a non-core facility on Jallo Road in Lahore and the proposed reallocation of surplus IPO proceeds into working capital to optimize liquidity and support core production operations.