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KANZA CAPITAL PARTNERS · PUBLIC EVIDENCE RECORD

Twiga Cement

TPCC · DSE · market data as at 2026-09-18
CloseTZS 5,7100.00% · DSE
Volume3,4802026-09-18 session
Traded valueTZS 19.9m2026-09-18 session
Market capitalisationTZS 1.03tnDerived board field
RevenueTZS 114.9bn+13.3% vs Q1 2026
Operating profitTZS 23.5bn+1.8% vs Q1 2026
Profit after taxTZS 16.8bn+4.5% vs Q1 2026
Retained median volume4,68850 snapshots · not ADV
Domestic turnover rank#8 of 222026-09-18 DSE board
Largest disclosed holder69.3%Scancem International DA · 2025-12-31

Market facts: Dar es Salaam Stock Exchange. Financial, dividend and ownership facts: issuer disclosures, retained by source URL and SHA-256. Derived changes use the displayed periods. Missing facts remain missing.

Information and education only, never advice, a recommendation or an offer. Printed from https://kanzacapitalpartners.com/companies/twiga-cement.

Public evidenceYou are here

Source facts stay open.

Price & liquidityReported financialsOwnershipFilings & dividends
Member workbench

Decision support begins behind the boundary.

Scenarios, sensitivities, monitoring questions and modelling workflow.

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Five signals before the detail.

Each row uses its own disclosed scale. An unavailable fact has no plotted magnitude. These are descriptive signals, not a score, peer ranking, forecast or recommendation.

Market record

The close is already above. Here is the rest of the session.

Every figure below refers to the same verified DSE close. It describes the tape; it does not establish typical liquidity or future direction.

Open the DSE source

Tradability evidence · bounded window

Volume varied sharply across the retained window.

This is a median across 50 retained DSE snapshots, not ADV. Missing dates are not treated as zero, and no bid-ask or executable-size claim is added.

Recorded volume · 2026-07-10 to 2026-09-18Latest 0.7× retained median
2026-07-10: 3,145 shares at TZS 6,330; 2026-07-13: 3,821 shares at TZS 6,320; 2026-07-14: 4,768 shares at TZS 6,360; 2026-07-15: 4,600 shares at TZS 6,280; 2026-07-16: 2,660 shares at TZS 6,230; 2026-07-17: 3,442 shares at TZS 6,230; 2026-07-20: 4,358 shares at TZS 6,260; 2026-07-21: 2,264 shares at TZS 6,260; 2026-07-22: 12,973 shares at TZS 6,240; 2026-07-23: 13,205 shares at TZS 6,230; 2026-07-24: 4,961 shares at TZS 6,160; 2026-07-27: 7,926 shares at TZS 6,130; 2026-07-28: 4,608 shares at TZS 6,070; 2026-07-29: 4,861 shares at TZS 6,050; 2026-07-30: 5,807 shares at TZS 6,000; 2026-07-31: 6,553 shares at TZS 5,900; 2026-08-03: 2,845 shares at TZS 5,820; 2026-08-04: 7,479 shares at TZS 5,820; 2026-08-05: 3,485 shares at TZS 5,810; 2026-08-06: 9,750 shares at TZS 5,750; 2026-08-07: 456 shares at TZS 5,850; 2026-08-10: 2,739 shares at TZS 5,850; 2026-08-11: 1,155 shares at TZS 5,870; 2026-08-12: 856 shares at TZS 5,950; 2026-08-13: 765 shares at TZS 5,950; 2026-08-14: 252,884 shares at TZS 6,050; 2026-08-17: 3,232 shares at TZS 6,060; 2026-08-18: 4,369 shares at TZS 6,030; 2026-08-19: 3,878 shares at TZS 6,000; 2026-08-20: 8,199 shares at TZS 6,000; 2026-08-21: 6,277 shares at TZS 5,980; 2026-08-24: 7,971 shares at TZS 5,940; 2026-08-26: 10,245 shares at TZS 5,850; 2026-08-27: 6,443 shares at TZS 5,770; 2026-08-28: 3,005 shares at TZS 5,720; 2026-08-31: 7,585 shares at TZS 5,800; 2026-09-01: 4,556 shares at TZS 5,800; 2026-09-02: 1,381 shares at TZS 5,850; 2026-09-03: 26,951 shares at TZS 5,770; 2026-09-04: 8,640 shares at TZS 5,760; 2026-09-07: 17,089 shares at TZS 5,800; 2026-09-08: 9,152 shares at TZS 5,800; 2026-09-09: 12,361 shares at TZS 5,790; 2026-09-10: 2,282 shares at TZS 5,790; 2026-09-11: 6,259 shares at TZS 5,770; 2026-09-14: 13,220 shares at TZS 5,750; 2026-09-15: 8,052 shares at TZS 5,750; 2026-09-16: 3,384 shares at TZS 5,710; 2026-09-17: 1,243 shares at TZS 5,710; 2026-09-18: 3,480 shares at TZS 5,710retained median 4.7k2026-07-102026-09-18

Linear scale. The final bar is intentionally allowed to dominate; compressing it would hide the scale of the latest-session break.

Retained median volume4,68850 verified snapshots · not ADVLatest session volume rank#11 of 22Domestic board · same 2026-09-18 closeLatest turnover rank#8 of 220.5% of domestic traded value
Same-sector comparison2 classified peersSWIS, TCCL share the Industrials coverage classification; this is not a valuation peer set.
Open the DSE source behind every snapshot and rank

How has TPCC's verified close moved across the available public record?

TPCC verified close history

Window startTZS 5,32025 Jul 2025
Latest closeTZS 5,71018 Sep 2026
Window change+7.3%+TZS 390

As at 18 Sep 2026 · Source: Dar es Salaam Stock Exchange (DSE), via MCL market platform daily export (market.mcl.co.tz). Exact values and method remain in the static evidence table below.

03 · Descriptive reading

Three views of the same record.

These transformations expose change, recent direction and recorded position. They are not forecasts, total returns or estimates of value.

Available-record change+7.3%
2025-07-25TZS 5,320
2026-09-18TZS 5,710
Recent recorded direction-4.8%

Last 20 recorded observations · no calendar-time substitution.

04 · Ownership and tradability

Reported ownership, without a free-float guess.

The cited filing presents a complete 100% structure. Ownership remains separate from tradable free float, bid-ask depth and executable size.

Shareholding reported at 2025-12-31

Scancem International DA is the largest disclosed holder at 69.25%.

  1. 01Scancem International DA69.25%
  2. 02General Public22.78%
  3. 03Government pension funds7.75%
  4. 04Wazo Hill Saving and Credit Cooperative Society0.22%

The report presents a complete 100% structure, 179,923,100 issued shares and 9,273 shareholders.

Disclosure scopeCompleteFY2025 annual report · PDF page 15 · shareholding structure
Registered shareholders9,273Source-dated count only; no holder activity is inferred
Issued shares179,923,100Reported share count, not a liquidity measure
Latest session turnoverTZS 19.9m2026-09-18 DSE tape · not a typical-liquidity estimate
Open the ownership source · PDF page 15 · shareholding structure

04b · Classification and evidence sequence

From company record to listed tape.

This is an evidence sequence, not a causal model. A missing filing cannot be replaced by a price, and a price move cannot prove an operating cause.

01

Official disclosures

23 indexedLatest DSE filing period 2026-06-30 · 3 normalized
02

Reported business evidence

RevenuePDF page 36 · audited statement of profit or loss
03

Capital and governance record

2 retained items2 actions · 0 governance disclosures
04

Listed market record

DSE-verified session2026-09-18 · DSE verified close
Market classificationIndustrial & Allied

Constituents are a KCP classification by business type. The Dar es Salaam Stock Exchange publishes the IA index level (shown above, DSE-verified) but does not publish a constituent table; this grouping is KCP's, not DSE-verified index membership. EABL (East African Breweries) is cross-listed and is grouped here on business type, alongside Tanzania Breweries; its DSE index categorisation is not confirmed.

Reported trajectory · source evidence

Two periods, one retained source, no mixed basis.

Select a metric to compare adjacent group results printed in the same retained source. Audit status remains visible. This is reported history, not a forecast or quality score.

RevenueTZS 447.8bnFY2024 TZS 448.6bn -> FY2025 TZS 447.8bn
Operating profitTZS 74.8bnFY2024 TZS 79.3bn -> FY2025 TZS 74.8bn
Profit for the yearTZS 52.4bnFY2024 TZS 56.7bn -> FY2025 TZS 52.4bn
Total assetsTZS 441.7bnFY2024 TZS 483.0bn -> FY2025 TZS 441.7bn
Total equityTZS 261.2bnFY2024 TZS 317.0bn -> FY2025 TZS 261.2bn
Basic earnings per shareTZS 291FY2024 TZS 315 -> FY2025 TZS 291
Capital return record

Dividend state, not just a number.

05 · Company-reported evidence

What can be traced to a retained document?

Market dates and reporting periods remain separate. Missing fundamentals stay missing until a document, locator and review state support them.

Public fundamentals · documentary record

What TPCC has reported

Reported figures are separated by period and audit state. Quarterly profit is not annualised; absent periods remain absent. Coverage is current through 13 Aug 2026. Editorial approval remains pending.

Revenue

TZS 447.8bn

Revenue · audited. PDF page 36 · audited statement of profit or loss

Official source

As at · Source: 2025 annual report

Operating profit

TZS 74.8bn

Operating profit · audited. PDF page 36 · audited statement of profit or loss

Official source

As at · Source: 2025 annual report

Profit after tax

TZS 52.4bn

Profit for the year · audited. PDF page 36 · audited statement of profit or loss

Official source

As at · Source: 2025 annual report

gross profit

N/A

FY2025 · audited. Not disclosed in the normalized annual summary.

profit before tax

N/A

FY2025 · audited. Not disclosed in the normalized annual summary.

net operating cash flow

N/A

FY2025 · audited. Not disclosed in the normalized annual summary.

How did Twiga Cement's second-quarter revenue and earnings compare with the first quarter of 2026?

Second-quarter revenue and profit progression

Unaudited company results · TZS million

Prior year101,387.6 TZS millionQ1 2026
Latest year114,857.6 TZS millionQ2 2026
Year-on-year change+13.3%+13,470 TZS million

Sequential quarter-only observations from the official statement. They are not a year-on-year comparison and are not labelled a beat or miss.

As at 30 Jun 2026 · Source: Tanzania Portland Cement official disclosures. Exact values and method remain in the static evidence table below.

How did reported net operating cash flow change between Q1 and Q2 2026?

Operating cash conversion improved

Unaudited company cash flow · TZS million

Prior year1,170.9 TZS millionQ1 2026
Latest year29,407.2 TZS millionQ2 2026
Year-on-year change+2,411.5%+28,236.3 TZS million

Quarter-only cash-flow observations. Dividend declarations and payments disclosed in the statement are kept distinct from operating performance.

As at 30 Jun 2026 · Source: Tanzania Portland Cement official disclosures. Exact values and method remain in the static evidence table below.

Corporate actions · as disclosed

Dividends and capital history

“Proposed” is not promoted to “declared” or “paid” without a later documentary state. Unknown action dates remain unstated rather than being inferred.

Governance · documentary record

Board and assurance disclosures

Source library

06 · Evidence-risk ledger

What this page cannot prove.

Trust is not the absence of uncertainty. It is the discipline of showing exactly where the evidence becomes thin.

01

Session liquidity

50-snapshot windowRetained median volume 4,688 from 2026-07-10 to 2026-09-18. This bounded archive is not ADV and does not establish executable size.
02

Historical coverage

223 observationsAvailable from 2025-07-25 to 2026-09-18. Missing trading dates are not filled forward.
03

Filing vintage

23 official DSE filingsLatest normalized documentary date: 2026-07-17. The complete DSE register is indexed separately; reporting periods remain distinct from market dates.
04

Comparison boundary

IAConstituents are a KCP classification by business type. The Dar es Salaam Stock Exchange publishes the IA index level (shown above, DSE-verified) but does not publish a constituent table; this grouping is KCP's, not DSE-verified index membership. EABL (East African Breweries) is cross-listed and is grouped here on business type, alongside Tanzania Breweries; its DSE index categorisation is not confirmed.

07 · How to use this record

Follow the source boundary, not the decoration.

Each number is either a primary-source fact, a labelled calculation from cited inputs, or absent. The page does not bridge a missing fact with an estimate.

01 · Market authorityDar es Salaam Stock Exchange

Close, session direction, volume and turnover use the dated DSE board. Retained snapshots stay date-bound.

Open DSE source
02 · Issuer authorityTanzania Portland Cement Plc investor relations

The issuer archive is verified as a discovery source. Values enter the fact layer only with a retained document, page locator, period and review state.

Open issuer library
03 · CalculationsExact periods, labelled changes

Percentage change is current over prior comparable period, minus one. The liquidity median uses the retained dates above.

04 · Missing evidenceNull beats estimates

Free float, bid-ask depth, executable size and consensus stay absent until a source supports them.

Portable evidence

Take the record with its source trail attached.

Read the complete verification note

Market observations and company reporting periods are separate clocks. KCP does not use a price move to fill a missing filing, annualise a quarterly result, interpolate a missing close, or treat publicly held shares as verified tradable free float.

The retained DSE snapshot folder is a bounded evidence window, not a complete session archive. Its median describes only the snapshots listed here. Regional operating peers, valuation multiples and consensus would require a separately sourced comparison workflow and are not implied by this public page.

Information and education only, never investment, legal or tax advice, a recommendation, an offer or a solicitation.

08 · The product boundary

Public facts end here. The source trail does not.

Keep exploring verified DSE records in public, or enter the member workbench for scenarios, sensitivities and monitoring workflow.

Governance disclosureFounder/principal personal holdings

No personal position: Arthur George Kanza, KCP founder/principal, declares no holding in TPCC (Twiga Cement).

Effective 14 Aug 2026 · Policy →