LOTCHEM announces intention to acquire EPCL
Lotte Chemical Pakistan Ltd. (LOTCHEM), in a notice sent to the bourse on March 10 2026, announced its intention to acquire a 56.2% shareholding in Engro Polymer & Chemicals Ltd.…
Pakistan fertilisers sector profitability surged by 10% YoY in 2025;
Pakistan’s listed fertiliser sector recorded a profit of Rs141.1bn, up by 10% YoY. The YoY increase is primarily driven by 1) higher urea offtakes, 2) higher other income, and 3)…
Fatima Fertiliser celebrates International Women’s Day
In celebration of International Women’s Day, Fatima Fertiliser Company Limited has launched its “Sarsabz Tabeer: Seeds of Change” DVC, paying tribute to the extraordinary women who are shaping the future…
FATIMA – 4QCY25 Result Review — Profitability declined on lower other income
Fatima Fertiliser Company Ltd. (FATIMA) announced its 4QCY25 financial results, reporting consolidated earnings of PkR13.1bn (EPS: PkR6.3), down 3%YoY. Earnings came in lower than expectations, mainly due to lower-than-anticipated gross…
A review of ENGROH’s performance in CY25
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 saw profits continue to reflect structural changes
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…
ENGROH 4QCY25 Result Review — earnings come to PKR13.6bn
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,…
NFDC data shows, total fertilizer offtake in Jan’26 stood at 326k tons
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…
Efert reports a consolidated PAT of PKR 22.6 billion for CY2025, with a final cash dividend of Rs. 4 per share.
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…
Sona Centre has successfully organised a Kissan Convention
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…
Pakistan is expected to experience a decline in urea sales in January 2026
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…
FFC announces annual Final Results for the Year 2025
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…
FFC reports 4QCY25 earnings below expectations due to rising costs; shares hit a lower lock.
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.…
BMA Research predicts that the fertiliser industry’s earnings for CY25 will increase by 15% YoY
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…
NTC imposes provisional anti-dumping duties on Soda Ash
Topline Pakistan Research has released a special report on Pakistan Chemical - NTC Imposes Provisional Anti-Dumping Duties on Soda Ash. Recalled here that the National Tariff Commission (NTC) has imposed provisional anti-dumping…
Pakistan Fertilisers sector profits are likely to up 52% QoQ in 4Q2025
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…
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…
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.…
MARI to emerge as a major beneficiary
Topline Pakistan Research has presented a research report on Pakistan's Oil & Gas and Fertilizer sectors. The allocation of gas from the Mari Field leads to MARI emerging as a…
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…
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…
Fatima Fertilizer wins four prestigious awards at The Drum Awards 2025 in London, UK
Fatima Fertilizer has received significant international recognition by winning four major awards at The Drum Awards 2025 in London reflecting impactful purpose-led communication for the Salam Kissan campaign and the…
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,…
PCA is working to eliminate lead from paints in Pakistan
On December 4, 2025, a media conference was held at PC Hotel in Karachi to update the media and relevant agencies about the collaborative efforts between the Pakistan Coating Association…
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…