Karachi: EPCL is anticipated to report a profitability of PkR0.8 per share for the second quarter of the calendar year 2026, primarily due to a recovery in Ethylene-PVC core margins and gains from SIDC remeasurement. This projection comes amid expectations of increased revenue driven by higher PVC prices, despite a decrease in offtakes.
According to AKD Securities Limited, the gross margins for EPCL are expected to expand, benefiting from higher core margins. However, the firm maintains a 'SELL' recommendation on EPCL shares with a target price of PkR28 by December 2026. This stance is attributed to anticipated pressures from higher energy prices and lower margins, which are expected to continue impacting profitability.