FATIMA – An emerging conglomerate
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 launches “Khushiyan Da Mela”
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…
Pakistan saw seasonal demand and discounts drive fertilizer grwoth in December 2025
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.…
Wheat shortages and curbs pose a threat to food security in Pakistan
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…
Illegal cigarette networks shift tactics faster than enforcement
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…
WAPDA generates 33.12 billion units of Hydel Electricity
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, Standard Chartered Pakistan and Engro Fertilizers announce ‘first of its kind’ Rs 33.6 billion financing to support farmers
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…
Pakistan launched the Zarkheze digital platform, designed to revolutionize agricultural financing
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…
Fatima Fertilizer and IFC announce US$60m facility to support food security in Pakistan
Fatima Fertilizer Company Limited and IFC, a member of the World Bank Group, announced a renewable liquidity facility of US$60 million per year to help maintain uninterrupted domestic fertilizer production…
Fauji Fertilizer Company holds EOGM
Fauji Fertilizer Company Limited (FFC) convened its Extraordinary General Meeting (EOGM) on December 08, 2025, successfully establishing a quorum of 57.38%. The meeting was attended through physical presence, video conferencing,…
FFC wins best MAP corporate excellence award in the fertilizer Sector
Fauji Fertiliser Company (FFC) has proudly been recognised with the Best Corporate Excellence Award for the 9th time in the Fertiliser Sector as adjudged by the Management Association of Pakistan…
Business leaders are expressing concern about the declining rice exports
Group Chairman, Rice Exporters Association of Pakistan (REAP), Abdul Rahim Janoo said, “Things are not good for rice as exports are going down the hill, and this year presents serious…
Pakistan exhibits urea sales for Nov 2025 surged 133% MoM and 25% YoY; inventory at 1.05mn tons
Pakistan urea sales in Nov 2025 are anticipated to clock in at 817k tons, up by 133% MoM and 25% YoY, driven by improved agricultural activity and discounts offered by…
Fauji Fertiliser organised a grand prize distribution ceremony
According to Fauji Fertiliser, a grand prize distribution ceremony was held in the Sahiwal Region under the Sona Se Hai Kamyabi Scheme, attended by a large number of local farmers. During the…
Pakistan is likely to export urea in CY26
Farm economics are showing early signs of improvement, reflected in a 13% YoY recovery in urea offtake during the Kharif 2025 season despite flood-related disruptions. This trend is further supported…
AgriTech reports is urea offtakes increased by 33%YoY to 259k tons in 9MCY25
AgriTech Ltd (AGL) held its analyst briefing earlier today to discuss 9MCY25 financial results and future outlook. According to a report from AKD Research, the key takeaways are as follows:…
Jam Kamal Khan inaugurates FoodAg 2025 amid boosting agri exports
Federal Minister for Commerce, Mr. Jam Kamal Khan, officially inaugurated the 3rd International Food & Agriculture Exhibition—FoodAg 2025—at the Expo Centre in Karachi today. This premier event, the largest of…
MTL is exploring international markets and expanding into new destinations, including Mexico
Millat Tractors (MTL) conducted its corporate briefing session today, during which management discussed the company's financial performance and outlook as reported by Topline Pakistan Research. Management believes Belarus tractors will be…
Engro Fertilizers organized the Kissan Convention at Bahawalpur
Engro Fertilizers Limited, in collaboration with the Agriculture Department, organized a Kissan Convention in Bahawalpur as part of the Government of Punjab’s Wheat cultivation campaign. The event brought together over…
HBL MfB and SUPARCO start climate-smart agri finance disbursements using satellite data
HBL Microfinance Bank (HBL MfB), in partnership with the Pakistan Space & Upper Atmosphere Research Commission (SUPARCO), has commenced disbursements under Pakistan’s first climate-smart agri-finance by using satellite data intelligence.…
Fatima Fertilizer hosts Sarsabz Kissan Convention in Multan
Fatima Fertilizer, in collaboration with the Govt Agriculture Department and local Govt, organized the Sarsabz Kissan Convention in Multan. The convention brought together over 1,300 farmers, serving as an important…
ECC approves allocation of indigenous gas for the fertilizer sector
The Economic Coordination Committee (ECC) has approved the allocation of indigenous gas for the fertilizer sector, a move aimed at ensuring a long-term supply of affordable feedstock, strengthening domestic food…
Syngenta Pakistan revives hope for flood-affected farmers in Punjab
In response to the devastating floods that struck Punjab’s fertile lands, Syngenta Pakistan has launched a major CSR initiative to help affected farmers rebuild their livelihoods across Multan and Sahiwal…
Mixed fertilizer sales observed in October 2025
Topline Pakistan Research has released a report on the Pakistani fertilizer industry, detailing urea sales for October 2025. According to the report, urea sales declined by 18% month-over-month (MoM), leaving…
FATIMA announced its 3QCY25 financial results
Fatima Fertilizer Company Ltd. (FATIMA) announced its 3QCY25 financial results, reporting consolidated earnings of PkR12.0bn (EPS: PkR5.7), up 30%YoY. Earnings came in higher than expected, mainly due to stronger-than-anticipated other…