ENGROH senior management held an analyst briefing today to discuss CY25 financial performance and the outlook. Brief Takeaways: Engro Holdings reported consolidated revenue of approximately PKR 350bn in CY25, up…
Engro Holdings reported a consolidated PAT of PKR 107bn (Owner’s share: PKR 56bn); EPS PKR 46.20 vs 26.78 last year. However, much of this increase is due to a one-off…
Engro Holdings Ltd. (ENGROH) announced its 4QCY25 results, reporting consolidated earnings of PkR13.6bn (EPS: PkR11.3) compared to PkR9.6bn (EPS: PkR8.0) in SPLY, up 41%YoY. Earnings came in above our expectations,…
Pakistan Tobacco Company Ltd (PAKT), a subsidiary of British American Tobacco, holds a 36% market share. With illicit cigarettes accounting for 55% of the market, ongoing enforcement measures could enable…
Chairman WAPDA Lt Gen Muhammad Saeed (Retd), during his visit to Mangla Hydel Power Station, was briefed that the Mangla Refurbishment Project is progressing ahead with a steady pace. As…
According to the latest NFDC data, total fertiliser offtake in Jan’26 stood at 326k tons, down 81% MoM and 49% YoY. The sharp decline in urea offtake is largely attributable…
The State Bank of Pakistan (SBP) held the Agricultural Credit Advisory Committee (ACAC) meeting today in Karachi to review agricultural credit performance and discuss measures to strengthen inclusive and resilient…
Engro Fertilisers Limited has released its financial results for the year ended December 31, 2025, announcing a final cash dividend of Rs. 4 per share, representing 40%. This dividend is…
Al-Ghazi Tractors Limited, one of Pakistan’s leading tractor manufacturers, has signed a strategic Memorandum of Understanding with Green Agrimall at Al-Ghazi’s Lahore office to strengthen farmer access to mechanisation solutions…
Faysal Bank Limited (FBL), Pakistan’s leading Islamic bank, and Waseela Pakistan, an operator of integrated agricultural ecosystems, have signed a Memorandum of Understanding (MoU) to facilitate fast-track, Shariah-compliant financing for…
Sona Centre, a leading agricultural input supply channel, has successfully organised a Kissan Convention at Faletti’s Hotel, Lahore. Sona Centre serves as a sustainable balancing force, empowering small to medium-scale…
According to a report by Topline Pakistan Research, Pakistan’s urea sales have reached a staggering low, with January 2026 figures showing just 218,000 tons sold, marking an 84% month-on-month drop…
The State Bank of Pakistan (SBP), through the Pakistan Banks Association (PBA), has conveyed its no objection to onboarding HBL Zarai Services Limited (HBL Zarai) as an approved Agricultural Services…
Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December 31, 2025, in its Board of Directors meeting held on January 29, 2026. The fertiliser…
Fauji Fertiliser Company Ltd. (FFC) has released its financial results for the fourth quarter of calendar year 2025, revealing standalone earnings of PKR 15.9 billion, or PKR 11.2 per share.…
We project that earnings across the BMA Fertiliser universe will rise by 15% YoY to PKR 149bn in CY25. The growth is expected to be supported by an 18% YoY…
We anticipate that earnings in the Topline Fertiliser sector will increase by 52% quarter-over-quarter (QoQ) and 44% year-over-year (YoY) in the fourth quarter of 2025 (4Q2025), primarily driven by unprecedented…
We initiate coverage on Fatima Fertiliser Company Limited (FATIMA) with a BUY rating. Our target price of PKR 230.36 per share for December 2026 suggests a 42% upside from the…
HBL Zarai Services Limited, a wholly owned subsidiary of HBL, has launched a landmark rural engagement initiative titled “Khushiyan Da Mela” (Festival of Happiness), a first of its kind agriculture…
According to AHCML Research, recent data from the National Fertiliser Development Corporation (NFDC) indicates a significant surge in fertiliser off-take, with December 2025 closing with total sales reaching 1,752k tons.…
A deepening flour shortage is tightening its grip across Pakistan as wheat scarcity, movement restrictions, and unequal distribution policies push prices beyond the reach of the majority. With open market…
Pakistan’s efforts to curb illicit cigarette trade continue to face new challenges as illegal manufacturers and distributors rapidly adapt to enforcement measures, creating a “moving target” for authorities. Despite recent…
Outgoing 2025 proved to be a satisfactory year for the Hydropower and Water Sectors in Pakistan. WAPDA consistently contributed large quantities of clean, green, and low-cost hydel electricity to the National Grid and achieved…
IFC announced its first PKR-denominated investment via an unfunded Partial Credit Guarantee of up to PKR 33.6 billion (approximately US$120 million equivalent) to support a long-term PKR-denominated financing from Standard…
The Finance Division of the Government of Pakistan, in collaboration with the State Bank of Pakistan (SBP) and the Pakistan Banks Association (PBA), has launched Zarkheze, a digital platform designed to…
