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DANGCEMIndustrial Goods

Dangote Cement Plc

₦1,180
▲ 8.5%+48% YTD
≈ $0.84 · Forex rate

Key stats

Market cap
₦3,200B
P/E ratio
15.0x
Dividend yield
3.5%
52-week range
₦450 – ₦1,180
Founded
1992
Listed
2010
Board
Premium Board
Industry
Cement Manufacturing
HQ
Lagos, Nigeria
CEO
Arvind Pathak
Shares
16.752B
ISIN
NGDANGCEM008

DANGCEM Price History

Yearly close — last 5-7 years

₦127₦304₦480₦657₦833₦1.0K20192020202120222023202420252026

🧮 If you had invested in DANGCEM

1,000,000 in DANGCEM 3 years ago would be worth:
3,514,493
▲ +2,514,493 (+251.4%)
From Dec 2022 (₦276) to Apr 2026 (₦970) · 3,623 shares

Past performance does not guarantee future returns.

Key milestones

1992
Dangote Cement founded by Aliko Dangote
2007
Obajana Plant commissioned — largest in Sub-Saharan Africa
2010
Listed on NGX — instantly became most valuable stock
2012
Ibese Plant commissioned in Ogun State (serves Lagos)
2015
Pan-African expansion: plants in Ethiopia, Tanzania, South Africa
2025
Profit after tax crossed ₦1 trillion for the first time
2026
Share price crossed ₦1,000 — up 59% YTD

Dividend History

YearInterimFinalTotal /share
2025₦40₦40
2024₦35₦35
2023₦30₦30
2022₦20₦20
2021₦20₦20

Financial Highlights (₦ Billions)

Metric202320242025
Revenue₦2,206B₦3,584B₦4,310B
Net profit₦381B₦502B₦1,006B
Profit margin17.3%14.0%23.3%
EPS22.7329.9660.05
Total assets₦3,840B₦4,510B₦5,200B
ROE27.0%30.0%38.0%

Why Lagosian dey care about DANGCEM

Dangote Cement na di foundation of Lagos construction. Every house, office, bridge, and road for Lagos use Dangote cement. With 83% gross margin, Dangote set di price of construction for Nigeria. Cement price hike fit add ₦15K-₦25K to di cost of building one room. Market cap na 10.5% of entire NGX.

About di company

Dangote Cement na Africa largest cement producer. Aliko Dangote start di company for 1992. Dem get four cement plant for Nigeria with 35.25 Mtpa capacity, plus operations for 10 African countries. For 2025, revenue reach ₦4.31 trillion and PAT hit ₦1.006 trillion — 101% increase. Market cap na ₦16.4 trillion — 10.5% of entire NGX.

Business segments

1.Cement Manufacturing (35.25 Mtpa Nigeria)
2.Pan-African Cement (16.35 Mtpa across 9 countries)
3.Ready-Mix Concrete
4.Haulage & Logistics
📈 Why buy

Africa's cement king with 83% gross margins, 51.6 Mtpa capacity, and a near-monopolistic position in Nigeria. Infrastructure spending under the Tinubu administration drives demand. The ₦1 trillion profit milestone proves pricing power despite inflation.

📉 Why fear

Energy costs (gas and coal) remain elevated, squeezing margins. Naira depreciation inflates the cost of imported spare parts. Increasing competition from BUA Cement and Lafarge. Government could impose price controls if public pressure mounts.

Key risks

  • Energy cost inflation (gas, coal, diesel)
  • Naira depreciation impacting imported equipment
  • BUA Cement and Lafarge taking market share
  • Potential government price controls
  • Pan-African operations FX risk

Trading activity — past 3 months

Dangote Cement is the 57th most traded stock by volume but the 3rd most valuable by market cap (₦16.4 trillion). DANGCEM has traded 196 million shares in 130,381 deals valued at ₦154 billion over the past three months, averaging 3.12 million shares per session. Volume peaked at 75.2 million on March 18th during the sector-wide rally.

Industrial Goods sector — DANGCEM dey rank 1 of 5

By market cap

#TickerNamePriceYTD
1DANGCEMDangote Cement Plc₦1,180+48%
2BUACEMENTBUA Cement Plc₦418+72%
3GEREGUGeregu Power Plc₦1,142+95%
4WAPCOLafarge Africa Plc₦227+101%
5BETAGLASBeta Glass Plc₦598+120%
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ARADEL · ₦2,024
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GEREGU · ₦1,142

Frequent Question

DANGCEM (Dangote Cement Plc) na trading at ₦1,180. Up 8.46% today, +48% YTD.

Important Disclaimer

Stock prices wey dey dis page dey delayed by at least 30 minutes and na for informational purposes only. Lagos.cool NO be licensed stockbroker, investment advisor, or securities dealer. We no dey buy, sell, or recommend any securities.

Past performance no be guarantee for future result. Stock price fit go down as e fit go up, and you fit lose some or all of your investment. Always consult licensed stockbroker or financial advisor before you make investment decision.

Data dey come from di Nigerian Exchange (NGX) and public corporate disclosure.