Fatima Fertilizer Company Limited
FATIMA · Fertilizer · Group accounts
Operating performance
Figures from the reports' own text. Only like-for-like series are charted: levels across every report, volumes across full years.
Effective tax rate on fertilizer business
49 % in First-quarter report 2024.
% · as stated in each report
Earnings per share
20.03 Rs in Annual report 2025.
Rs · full-year totals
Market share
32 % in Half-year report 2026.
% · as stated in each report
Investment in CSR
1,134 Rs million in Annual report 2025.
Rs million · full-year totals
Other reported figures (350) — not charted because they are not like-for-like
| Figure | Latest | Period | Why not charted | Source |
|---|---|---|---|---|
| Acres where products used | 14 million acres | Dec 2025 | Fewer than three full-year figures | |
| Ammonia plant daily capacity | 1,713 MTPD | Dec 2021 | Unit not recognised | |
| Ammonia highest daily production | 1,776 MT per day | Dec 2025 | Fewer than three comparable periods | |
| Ammonia price FOB Middle East | 700 USD/MT | Mar 2026 | Fewer than three comparable periods | |
| Multan ammonia plant on-stream factor | 98 percent | Dec 2023 | Fewer than three comparable periods | |
| Sadiqabad ammonia plant on-stream factor | 99.6 percent | Dec 2023 | Fewer than three comparable periods | |
| Ammonia plant on stream factor | 98.7 percent | Dec 2025 | Fewer than three comparable periods | |
| Sheikhupura highest ever ammonia sales | 7,277 MT | Dec 2023 | Fewer than three full-year figures | |
| Unutilized borrowing limits | 20,600 Rs million | Dec 2021 | Fewer than three full-year figures | |
| Book value per share | 50.91 Rs | Dec 2022 | Fewer than three full-year figures | |
| CAN offtake (Pakistan market) | 679 '000 MT | Dec 2024 | Fewer than three full-year figures | |
| CAN offtake, first half 2025 | 398 K MT | Jun 2025 | Fewer than three full-year figures | |
| CAN offtake (Pakistan market) | 0.8 million MT | Dec 2023 | Fewer than three full-year figures | |
| CAN production | 872 MT '000 | Dec 2025 | Reported in different units | |
| CAN production | 644 kMT | Sept 2026 | Reported in different units | |
| CAN production | 426 '000 M. Tons | Jun 2026 | Reported in different units | |
| CAN production volume (H1 2024) | 433 '000 MT | Jun 2024 | Fewer than three full-year figures | |
| CAN production volume (Jan-Sep 2023) | 606 '000 MT | Sept 2023 | Reported in different units | |
| CAN share of total sales revenue | 18 percent | Dec 2023 | Fewer than three comparable periods | |
| CAN sales | 956 MT '000 | Dec 2025 | Reported in different units | |
| CAN sales | 612 kMT | Sept 2026 | Reported in different units | |
| CAN sales, first half 2025 | 397 K MT | Jun 2025 | Reported in different units | |
| CAN sales volume (H1 2024) | 365 '000 MT | Jun 2024 | Fewer than three full-year figures | |
| CAN sales volume (Jan-Sep 2023) | 600 '000 MT | Sept 2023 | Reported in different units | |
| Combined cumulative annual nameplate capacity | 2.57 million MT per year | Mar 2022 | Fewer than three full-year figures | |
| Capacity utilization (Urea, CAN and NP) | 99 percent | Dec 2023 | Reported in different units | |
| CAN capacity utilization | 100 percent | Dec 2024 | Fewer than three comparable periods | |
| NP capacity utilization | 105 percent | Dec 2024 | Fewer than three comparable periods | |
| Urea capacity utilization | 107 percent | Dec 2024 | Fewer than three comparable periods | |
| Captive power plant capacity | 56 MW | Dec 2021 | Fewer than three comparable periods | |
| Combined fertilizer production, nine months | 2,131 K MT | Sept 2025 | Fewer than three full-year figures | |
| Combined fertilizer production, first half 2025 | 1,421 K MT | Jun 2025 | Fewer than three full-year figures | |
| Company overall market share | 29.7 % | Sept 2026 | Fewer than three comparable periods | |
| Consolidated EBITDA | 10,856 Rs million | Mar 2026 | Fewer than three full-year figures | |
| Consolidated EBITDA | 63,178 Rs million | Sept 2026 | Fewer than three full-year figures | |
| Consolidated EPS | 9.73 Rs | Jun 2026 | Fewer than three full-year figures | |
| Consolidated EPS, nine months | 13.77 Rs | Sept 2025 | Fewer than three full-year figures | |
| Consolidated EPS (9M) | 10.84 PKR | Sept 2024 | Fewer than three full-year figures | |
| Consolidated EPS | 14.27 Rs | Sept 2026 | Fewer than three full-year figures | |
| Consolidated gross profit, nine months | 64,178 Rs million | Sept 2025 | Fewer than three full-year figures | |
| Consolidated gross profit | 50.52 Rs billion | Jun 2026 | Fewer than three full-year figures | |
| Consolidated gross profit | 18,532 Rs million | Mar 2026 | Fewer than three full-year figures | |
| Consolidated gross profit | 78.15 Rs billion | Sept 2026 | Fewer than three full-year figures | |
| Consolidated finished goods Nitrophos inventory | 38,190.6 Rs million | Mar 2026 | Fewer than three full-year figures | |
| Consolidated operating profit, nine months | 33,436 Rs million | Sept 2025 | Fewer than three full-year figures | |
| Consolidated profit after tax | 20.44 Rs billion | Jun 2026 | Fewer than three full-year figures | |
| Consolidated profit after tax | 3,236 Rs million | Mar 2026 | Fewer than three full-year figures | |
| Consolidated profit after tax | 29.96 Rs billion | Sept 2026 | Fewer than three full-year figures | |
| Consolidated profit before tax | 33.01 Rs billion | Jun 2026 | Fewer than three full-year figures | |
| Consolidated profit before tax | 6,047 Rs million | Mar 2026 | Fewer than three full-year figures | |
| Consolidated profit before tax | 48.9 Rs billion | Sept 2026 | Fewer than three full-year figures | |
| Consolidated profit after tax, nine months | 28,911 Rs million | Sept 2025 | Fewer than three full-year figures | |
| Consolidated profit after tax | 4.3 Rs billion | Mar 2023 | Fewer than three full-year figures | |
| Consolidated profit before tax, nine months | 46.07 Rs billion | Sept 2025 | Fewer than three full-year figures | |
| Consolidated profit before tax | 7.3 Rs billion | Mar 2023 | Fewer than three full-year figures | |
| Consolidated revenue | 276,177 Rs million | Dec 2025 | Fewer than three full-year figures | |
| Consolidated sales revenue, nine months | 178.8 Rs billion | Sept 2025 | Fewer than three full-year figures | |
| Consolidated sales revenue | 130.61 Rs billion | Jun 2026 | Fewer than three full-year figures | |
| Consolidated revenue | 46,853 Rs million | Mar 2026 | Fewer than three full-year figures | |
| Consolidated sales revenue | 194.54 Rs billion | Sept 2026 | Fewer than three full-year figures |
Projects
75 projects, wells and blocks, most recently mentioned first. Stages are as reported; durations between reports are not project timelines.
- Sheikhupura plant carve-out to Fatimafert LimitedCompletedLast reported Sept 2026 · 29 mentions
Scheme of arrangement carving out Sheikhupura plant net assets to wholly owned Fatimafert Limited (carried forward from prior period; not restated in this report)
View history
- Reported in Sept 2026 · Completed Scheme of arrangement carving out Sheikhupura plant net assets to wholly owned Fatimafert Limited (carried forward from prior period; not restated in this report)
- Reported in Jun 2026 · Completed Scheme of arrangement carving out Sheikhupura plant net assets to wholly owned Fatimafert Limited, effective July 01, 2024 (carried forward; not restated in Q2 text)
- Reported in Mar 2026 · Completed Scheme of arrangement carving out Sheikhupura plant net assets to wholly owned Fatimafert Limited, effective July 01, 2024 (carried forward; not restated in Q1 2026 text)
- Reported in Dec 2025 · Completed Scheme of arrangement carving out Sheikhupura plant net assets to wholly owned Fatimafert Limited, effective July 01, 2024
- Reported in Sept 2025 · Completed Transfer of Sheikhupura plant operations to wholly owned subsidiary Fatimafert Limited effective July 01, 2024; standalone results impacted
- Reported in Jun 2025 · Operating Sheikhupura plant produced 266,791 MT in first six months, highest ever
- Reported in Jun 2025 · Completed Scheme of Arrangement transferring Sheikhupura plant operations to wholly owned subsidiary Fatimafert Limited, implemented effective July 01, 2024
- Reported in Mar 2025 · Completed · Rs 7,194.90 million Scheme implemented effective July 01, 2024; operations transferred to wholly owned subsidiary Fatimafert Limited
- Reported in Dec 2024 · Completed · Rs 7,194.90 million Scheme implemented effective July 01, 2024; assets transferred to wholly owned subsidiary Fatimafert Limited (p.36-38, 110-111 key audit matter)
- Reported in Sept 2024 · Completed · Rs 7,194.90 million Scheme implemented effective July 01, 2024; assets of Rs 15,250.9m transferred to Fatimafert Limited against long term investment of Rs 7,194.9m (note 1.2; investment Rs 7,195.10m in note 13.1)
- Reported in Jun 2024 · Announced Board approved transfer of Sheikhupura plant operations to Fatimafert Limited, a wholly owned subsidiary, with effect from July 01, 2024
- Reported in Mar 2024 · Planning Initiated ISO-29993 certification preparations
- Reported in Mar 2024 · Completed Scheme of amalgamation of Pakarab Fertilizers Limited sanctioned June 27, 2023, effective July 1, 2022
- Reported in Mar 2024 · Completed TA-2023 completed with 3,500+ jobs, overhauling of critical machines, catalyst replacements
- Reported in Dec 2023 · Completed TA-2023 completed with 3,500+ jobs, overhauling of critical machines, catalyst replacements; process air compressor on-site overhaul
- Reported in Dec 2023 · Completed Scheme of amalgamation of Pakarab Fertilizers Limited sanctioned June 27, 2023, effective July 1, 2022; Fatima Packaging Limited became wholly owned subsidiary
- Reported in Sept 2023 · Operating Sheikhupura plant unavailability of gas in Q1; Urea production affected; RLNG subsidy released by GoP to SNGPL Rs 4,750.6 million (prior period)
- Reported in Sept 2023 · Other / unclear Sheikhupura plant transfer previously noted; scheme of amalgamation of Pakarab Fertilizers Limited sanctioned June 27, 2023, effective July 1, 2022
- Reported in Jun 2023 · Operating Sheikhupura plant completed turnaround during period; gas curtailment in Q1; Urea capacity 445,500 MT per annum
- Reported in Jun 2023 · Other / unclear Lahore High Court approved the Scheme of Compromises, Arrangements and Reconstruction amalgamating Pakarab Fertilizers Limited with and into the Company effective July 01, 2022 (sanctioned June 27, 2023); the Sheikhupura plant transfer was previously noted with effective date January 01, 2024 per prior period findings
- Reported in Mar 2023 · Operating Sheikhupura plant completed turnaround during quarter; faced gas curtailment; Urea capacity 445,500 MT per annum
- Reported in Mar 2023 · Planning Lahore High Court order dated April 05, 2023 approved change in effective date of transfer of Sheikhupura plant operations to Fatimafert Limited from January 01, 2022 to January 01, 2024
- Reported in Dec 2022 · Operating Sheikhupura plant operating; production increased owing to better gas availability vs prior year; Urea capacity 445,500 MT per annum
- Reported in Dec 2022 · Planning Transfer of Sheikhupura plant operations to wholly owned subsidiary Fatimafert Limited; Lahore High Court approved Dec 01, 2022; effective date deferred from Jan 01, 2022 to Jan 01, 2024 or other suitable date
- Reported in Sept 2022 · Operating Sheikhupura plant operating after being partially non-operational in prior year due to gas unavailability; production increased in current period
- Reported in Jun 2022 · Operating Sheikhupura plant partially non-operational in prior year due to gas unavailability; production increased in current period; all three plants in operation
- Reported in Mar 2022 · Operating Sheikhupura plant production in Q1 2022 increased substantially vs prior year when mostly non-operational due to gas unavailability; urea produced at Sheikhupura
- Reported in Dec 2021 · Completed Reliability improvement projects implemented to ensure smooth operation with sustained gas availability
- Reported in Dec 2021 · Operating Acquisition of Sheikhupura Plant (DH Fertilizers) in 2015, capable of 445,500 MT per annum Urea
- Purchase of long term investmentsCompletedLast reported Sept 2026 · 34 mentions
Purchase of long term investments in the period (standalone Rs 1,348.48m; consolidated Rs 24,432.85m)
View history
- Reported in Sept 2026 · Completed · Rs 1,348.48 million standalone; Rs 24,432.85 million consolidated Purchase of long term investments in the period (standalone Rs 1,348.48m; consolidated Rs 24,432.85m)
- Reported in Jun 2026 · Completed · Rs 696.14 million (consolidated) Purchase of long term investments in the period (standalone Rs 546.14m; consolidated Rs 696.14m)
- Reported in Mar 2026 · Completed · Rs 650.29 million Purchase of long term investments in the period (consolidated cash flow)
- Reported in Jun 2025 · Other / unclear · Rs 3,625.5 million Consolidated long term investments Rs 3,625.5m at Mar 31, 2025 vs Rs 41,889m
- Reported in Mar 2025 · Other / unclear Group subsidiaries as stated in consolidated accounts
- Reported in Mar 2025 · Other / unclear · Rs 3,625.5 million Consolidated long term investments Rs 3,625.5m at Mar 31, 2025 vs Rs 41,889.4m at Dec 31, 2024
- Reported in Dec 2024 · Completed Acquisition of Fatima Cement Limited listed in landmark events (2023 timeline)
- Reported in Dec 2024 · Other / unclear Wholly owned subsidiaries Fatimafert Limited, Pakarab Fertilizers Limited, Fatima Packaging Limited, Fatima Cement Limited
- Reported in Dec 2024 · Other / unclear · Rs 35,915 million Consolidated long term investments increased to Rs 41,889m from Rs 5,827m; long term investments net outflow Rs 35,915m in cash flows
- Reported in Sept 2024 · Other / unclear Wholly owned subsidiaries Fatimafert Limited, Pakarab Fertilizers Limited, Fatima Packaging Limited, Fatima Cement Limited
- Reported in Sept 2024 · Other / unclear · Rs 833.50 million Long term investments made during period
- Reported in Jun 2024 · Other / unclear Wholly owned subsidiaries Fatima Packaging Limited, Fatima Cement Limited, Fatimafert Limited
- Reported in Jun 2024 · Other / unclear · Rs 545.40 million Long term investments made Rs 545.40 million during period
- Reported in Mar 2024 · Other / unclear · Rs 387.66 million Long term investments made Rs 387.66 million during the period
- Reported in Dec 2023 · Other / unclear · PKR 4,018 million Long term investments made PKR 4,018 million during the year
- Reported in Dec 2023 · Other / unclear Not restated in this report
- Reported in Sept 2023 · Other / unclear · Rs 1,100 million Additional investment of Rs 1,100 million in 110,000,000 shares of wholly owned subsidiary Fatima Cement Limited, approved by Board June 2, 2023
- Reported in Jun 2023 · Other / unclear · Rs 1,100 million Fatima Cement Limited issued right shares amounting to Rs 1,100 million, duly subscribed by the Company
- Reported in Jun 2023 · Other / unclear · Rs 1,100 million Nil long term investments made in consolidated cash flows; separate: Rs 1,100 million additional investment in Fatima Cement Limited shares
- Reported in Mar 2023 · Other / unclear · nil No long term investments made in Q1 2023 (nil; Rs 750 million in Q1 2022)
- Reported in Dec 2022 · Completed · Rs 300.03 million Acquisition of 100% ordinary shares of FCL from existing shareholders at par value to make it wholly owned subsidiary; approved by Board April 07, 2022
- Reported in Dec 2022 · Other / unclear · Rs 1,050 million Long term investments made during the period (cash flow statement, separate)
- Reported in Dec 2022 · Other / unclear · Rs 750 million Long term investments made during the period (cash flow statement, consolidated)
- Reported in Sept 2022 · Completed · Rs 300.03 million Acquisition of 30,003,000 ordinary shares of FCL at par from existing shareholders; FCL now wholly owned subsidiary; consolidated from this period
- Reported in Sept 2022 · Other / unclear · Rs 750 million Long term investments made during the period (cash flow statement, consolidated)
- Reported in Sept 2022 · Other / unclear · Rs 1,050 million Long term investments made during the period (cash flow statement, separate)
- Reported in Jun 2022 · Completed · Rs 300.03 million Acquisition of 100% ordinary shares of FCL at par; FCL now wholly owned subsidiary (consolidated from this period)
- Reported in Jun 2022 · Completed · Rs 300.03 million Shareholders approved at AGM April 29, 2022 acquisition of 30,003,000 ordinary shares of Rs 10 each of FCL at par value from existing shareholders, making FCL a 100% owned subsidiary; consolidated statements prepared accordingly. Acquisition of shares of Rs 300,030 thousand recorded in related parties note.
- Reported in Jun 2022 · Other / unclear · Rs 750 million Long term investments made during the period (cash flow statement, consolidated)
- Reported in Jun 2022 · Other / unclear · Rs 1,050 million Long term investments made during the period (cash flow statement, separate)
- Reported in Mar 2022 · Announced Subsequent event: investment recommendation for acquisition of 100% ordinary shares of FCL at par
- Reported in Mar 2022 · Announced Board recommended on April 07, 2022 acquisition of 100% ordinary shares of associate Fatima Cement Limited at par value to make it wholly owned subsidiary, subject to approvals
- Reported in Mar 2022 · Other / unclear · Rs 750 million Long term investments made during the quarter (cash flow statement)
- Reported in Dec 2021 · Other / unclear · Rs 600 million Long term investments made during the year (cash flow statement)
- Contracts for capital expenditurePlanningLast reported Sept 2026 · 14 mentions
Commitments for capital expenditure: Rs 2,454.68m standalone; Rs 7,536.72m consolidated at Sep 30, 2026
View history
- Reported in Sept 2026 · Planning · Rs 2,454.68 million standalone; Rs 7,536.72 million consolidated Commitments for capital expenditure: Rs 2,454.68m standalone; Rs 7,536.72m consolidated at Sep 30, 2026
- Reported in Jun 2026 · Under construction · Rs 7,749.64 million (consolidated) Contracts for capital expenditure outstanding at period end (standalone Rs 6,770.06m; consolidated Rs 7,749.64m)
- Reported in Mar 2026 · Under construction · Rs 10,022.37 million (standalone); Rs 11,229.58 million (consolidated) Commitments for capital expenditure under contract at period end
- Reported in Dec 2025 · Other / unclear · Rs 13,189.37 million (standalone and consolidated) Contracts for capital expenditure outstanding
- Reported in Sept 2025 · Other / unclear · Rs 13,189.37 million (standalone and consolidated) Contracts for capital expenditure outstanding
- Reported in Sept 2024 · Planning · Rs 4,077.13 million Commitments for capital expenditure
- Reported in Jun 2024 · Planning · Rs 5,262.15 million Commitments for capital expenditure Rs 5,262.15 million
- Reported in Sept 2023 · Other / unclear · Rs 3,825.2 million Commitments in respect of contracts for capital expenditure
- Reported in Jun 2023 · Other / unclear · Rs 2,978 million Commitments in respect of contracts for capital expenditure
- Reported in Mar 2023 · Other / unclear · Rs 1,388 million Commitments in respect of contracts for capital expenditure
- Reported in Dec 2022 · Other / unclear · Rs 1,487 million Commitments in respect of contracts for capital expenditure
- Reported in Sept 2022 · Other / unclear · Rs 1,487 million Commitments in respect of contracts for capital expenditure
- Reported in Jun 2022 · Other / unclear · Rs 2,478 million Commitments in respect of contracts for capital expenditure
- Reported in Mar 2022 · Other / unclear · Rs 2,750 million Commitments in respect of contracts for capital expenditure
- Advance to National Resources (Pvt) LimitedCompletedLast reported Sept 2026 · 17 mentions
Share deposit money advance to NRL, reduced to nil from Rs 333.33m at Dec 31, 2025
View history
- Reported in Sept 2026 · Other / unclear · Nil (Dec 31, 2025: Rs 333.33 million) Share deposit money advance to NRL, reduced to nil from Rs 333.33m at Dec 31, 2025
- Reported in Sept 2026 · Completed · Rs 716.67 million (71,666,667 shares x Rs 10) Additional purchase of shares of National Resources (Pvt) Limited, a related party, against rights offer at Rs 10 each (standalone and consolidated)
- Reported in Jun 2026 · Other / unclear · Nil (Dec 31, 2025: Rs 333.33 million) Share deposit money advance to NRL, reduced to nil from Rs 333.33m at Dec 31, 2025
- Reported in Jun 2026 · Completed · Rs 716.67 million (71,666,667 shares x Rs 10) Purchase of 71,666,667 shares of National Resources (Pvt) Limited (related party) against rights offer at Rs 10 each (standalone and consolidated)
- Reported in Mar 2026 · Other / unclear · Nil (Dec 31, 2025: Rs 333.33 million) Share deposit money advance to NRL, reduced to nil from Rs 333.33m at Dec 31, 2025
- Reported in Mar 2026 · Completed · Rs 716.67 million (71,666,673 shares x Rs 10) Purchase of 71,666,673 shares of National Resources (Pvt) Limited (related party) against rights offer at Rs 10 each; NRL is a 33.33% JV (copper-gold exploration, Chagai)
- Reported in Dec 2025 · Discovery Significant copper-gold mineralization discovered at NRL exploration lease in District Chagai, Balochistan; NRL is 33.33% JV; also acquired adjacent Lead-Zinc exploration lease with feasibility study conducted
- Reported in Sept 2025 · Discovery Significant copper-gold mineralization discovered by NRL, a joint venture in which the company holds 33.33% equity
- Reported in Sept 2025 · Completed 25,833,333 shares at face value Rs 10 each, related party
- Reported in Jun 2025 · Completed 25,833,333 shares at face value Rs 10 each, related party
- Reported in Jun 2025 · Discovery Significant copper-gold mineralization discovered by NRL, a joint venture in which the company holds 33.33% equity
- Reported in Mar 2025 · Completed 25,833,333 shares at face value Rs 10 each, related party
- Reported in Mar 2025 · Discovery Significant copper-gold mineralization discovered by NRL, a joint venture in which the company holds 33.33% equity
- Reported in Sept 2024 · Completed · Rs 702.19 million 79,833,833 shares in total; 34,833,833 bought from Reliance Commodities at Rs 252.19m; 45,000,000 shares via rights offer for Rs 450m (separate note 13.2 and consolidated note 13.1)
- Reported in Jun 2024 · Completed · Rs 477.19 million 57,333,833 shares; 34,833,833 purchased from Reliance Commodities at Rs 252.19 million; 22,500,000 shares via rights offer for Rs 225 million
- Reported in Mar 2024 · Other / unclear · Rs 477.19 million 57,333,833 shares; 34,833,833 purchased from Reliance Commodities at Rs 252.19 million; 22,500,000 shares via rights offer for Rs 225 million
- Reported in Sept 2023 · Exploration Board authorized investment in mining of minerals in Balochistan and acquisition of shareholding in associated company National Resources (Pvt.) Limited, holder of an exploration licence
Risks
Highlighted by management in the latest report. Severity is a model assessment, not a probability.
Gas supply suspension causing 88-day shutdown at Sheikhupura plant amid regional conflict supply disruptions
Model severityhigh· operational· mentioned since Dec 2021
Volatility in global fertilizer prices driven by Middle East geopolitical tensions and raw material (phosphate, sulphur) bottlenecks
Model severitymedium· commodity· mentioned since Dec 2022
Income tax demand of Rs 2,163m for TY2023 disallowing expenses, exchange loss, WPPF, donation tax credit and GIDC; Rs 309m GIDC paid under protest; appeal pending
Model severitymedium· tax
Phosphate demand decline and shift to nitrogen options reducing phosphate offtake by 28.1% in Q3
Model severitymedium· macro· mentioned since Dec 2021
Not mentioned in the latest report (10)
Absence from a later report does not mean the risk was resolved.
- Recent gas curtailments caused intermittent operation of fertilizer plants on SNGPL network, raising concerns over domestic urea availability before Rabi season (last mentioned Jun 2026)
- Sulphur scarcity and high cost pressure phosphate producers; some phosphoric acid producers reduced or halted production (last mentioned Jun 2026)
- Sharp equity market decline (KSE-100 fell from 174,054 to 148,743) causing Rs 3.83bn revaluation loss on listed portfolio (last mentioned Jun 2026)
- High public debt burden, energy sector inefficiencies, and structural reform needs constrain growth potential (last mentioned Jun 2026)
- Economy exposed to volatile international energy prices and global geopolitical developments (last mentioned Jun 2026)
- Volatile global commodity prices amid re-escalation of Middle East tension and uncertain weather may weigh on growth prospects (last mentioned Jun 2026)
- Elevated fertilizer prices and farm margin pressure may constrain application rates; phosphatic fertilizer demand at risk of substitution toward nitrogen products (last mentioned Jun 2026)
- Pending tax and legal proceedings (sales tax CPLA) and contingent liabilities (last mentioned Jun 2026)
- Increased administrative (26.8%) and distribution (13.1%) costs, higher transport and storage costs (last mentioned Jun 2026)
- Restatement of prior period comparatives (Multan Plant carve-out) emphasized by auditors (last mentioned Jun 2026)
Management view
What management expects, from the Nine-month report for Sept 2026
- The Company has taken multiple initiatives to capitalize on diversified growth opportunities which will ensure long-term sustainable growth and the delivery of optimum returns to shareholders. (positive tone)
- Due to seasonal crop cycles better offtake is expected in last quarter of the year. (positive tone)
- The State Bank of Pakistan has projected GDP growth between 3.5 percent and 4.5 percent for the current fiscal year. (neutral tone)
- The Company is fully geared up to supply required fertilizers to farmers in times ahead. (positive tone)
▲ positive · ■ neutral · ▼ negative tone, as assessed by the model.
Read from FATIMA's reports; nothing here is a forecast by this dashboard.