FFC Fauji Fertilizer Company Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 537.87 -0.04%
Financials
Fauji Fertilizer Company Limited (FFC) financials
20 years of annual results (FY2006 – FY2025), 80 quarters.
Fauji Fertilizer Company Limited (FFC) reported revenue of Rs 483.8 bn for FY2025 (Jan – Dec 2025), up 17.6% from FY2024.
Profit attributable to shareholders was Rs 83.2 bn (EPS Rs 58.44), down 1.4%, a net margin of 17.6%.
It declared a dividend of Rs 37.00 per share for FY2025 and has paid a dividend in each of the last 20 years.
The balance sheet showed net cash of Rs 128.0 bn.
Return on equity was 33.2%.
Over the last five years revenue grew at a compound 36.3% a year.
At Rs 537.87 (close on 16 Oct 2026) the shares trade at 8.8× earnings (TTM to Jun 2026) and 2.83× book value, with a dividend yield of 6.9%.
Fundamentals
FFC at a glance
Revenue · FY2025
Rs 483.8 bn
▲ 17.6% year on year
Profit attributable to shareholders · FY2025
Rs 83.2 bn
▼ 1.4% year on year
EPS – basic (Rs) · FY2025
Rs 58.44
▼ 1.4% year on year
Dividend per share (Rs) · FY2025
Rs 37.00
▲ 1.4% year on year
Net margin · FY2025
17.6%
-3.2 pts year on year
Debt to equity · FY2025
32.1%
0.0 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 483.8 bn
- Profit attributable · FY2025
- Rs 83.2 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 613.3 bn
- Equity · FY2025
- Rs 259.9 bn
Financial highlights
FFC financial results
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 * Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 483.8 | 411.3 | 181.4 | 125.7 | 114.3 | 102.7 | 109.8 | 109.4 | 93.6 | 75.4 |
| Gross profit | 148.9 | 143.7 | 76.8 | 49.7 | 41.4 | 34.4 | 32.8 | 29.2 | 19.1 | 19.0 |
| Operating profit | 99.6 | 100.0 | 53.5 | 32.6 | 26.5 | 22.5 | 21.5 | 17.5 | 8.4 | 9.7 |
| Profit after tax | 84.9 | 85.5 | 47.5 | 34.4 | 39.9 | 29.8 | 17.3 | 16.4 | 11.5 | 12.0 |
| Profit attributable to shareholders | 83.2 | 84.4 | 46.5 | 33.7 | 39.9 | 29.8 | 17.3 | 16.4 | 11.5 | 12.0 |
| EPS – basic (Rs) Rs | 58.44 | 59.29 | 36.56 | 26.52 | 31.34 | 23.38 | 13.62 | 12.92 | 9.04 | 9.44 |
| Dividend per share (Rs) Rs | 37.00 | 36.50 | 15.49 | 12.13 | 14.50 | 11.20 | 10.80 | 8.85 | 7.00 | 7.90 |
| Total assets | 613.3 | 573.7 | 327.1 | 327.9 | 275.2 | 216.2 | 185.4 | 179.0 | 140.8 | 124.7 |
| Total equity | 264.8 | 244.9 | 150.1 | 121.5 | 104.4 | 79.1 | 60.7 | 57.4 | 51.9 | 51.4 |
| Total debt | 85.0 | 78.6 | 41.3 | 87.1 | 70.8 | 43.4 | 38.1 | 50.8 | 41.7 | 54.4 |
| Net cash from operating activities | 69.3 | 135.1 | 73.5 | 13.1 | 30.0 | 41.9 | 29.8 | 25.2 | 38.3 | 10.3 |
| Capital expenditure | (26.1) | (13.8) | (15.8) | (6.6) | (4.7) | (3.0) | (3.4) | (1.5) | (3.1) | (2.1) |
| Free cash flow (operating cash flow − capex) | 43.2 | 121.3 | 57.7 | 6.5 | 25.3 | 38.9 | 26.5 | 23.7 | 35.1 | 8.2 |
| Rs bn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 * Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 531.6 | 120.6 | 109.6 | 161.3 | 140.2 | 106.6 | 75.7 | 226.7 | 124.8 |
| Gross profit | 161.7 | 41.3 | 34.3 | 40.4 | 45.6 | 37.1 | 25.7 | 58.2 | 48.0 |
| Operating profit | 108.7 | 26.9 | 22.7 | 26.9 | 32.2 | 24.2 | 16.3 | 39.8 | 34.9 |
| Profit after tax | 89.4 | 22.5 | 20.0 | 21.9 | 25.1 | 20.3 | 17.6 | 25.3 | 25.7 |
| Profit attributable to shareholders | 87.9 | 22.2 | 19.6 | 21.6 | 24.5 | 19.7 | 17.4 | 24.9 | 25.2 |
| EPS – basic (Rs) Rs | 61.43 | 15.43 | 13.62 | 15.14 | 17.24 | 14.28 | 12.39 | 17.53 | 17.72 |
| Dividend per share (Rs) Rs | 41.00 | 14.50 | 8.50 | 8.50 | 9.50 | 12.00 | 7.00 | 21.00 | 0.00 |
| Total assets | 659.0 | 659.0 | 618.4 | 613.3 | 570.6 | 539.7 | 528.5 | 573.7 | 353.9 |
| Total equity | 277.4 | 277.4 | 276.4 | 264.8 | 256.0 | 241.6 | 231.8 | 244.9 | 185.0 |
| Total debt | 107.7 | 107.7 | 83.7 | 85.0 | 55.9 | 67.9 | 56.0 | 78.6 | 25.3 |
| Net cash from operating activities | 137.0 | 21.7 | 22.9 | 36.1 | 56.2 | 11.1 | (34.2) | 71.3 | 19.3 |
| Capital expenditure | (41.9) | (7.3) | (17.1) | (12.3) | (5.2) | (3.6) | (5.0) | (5.9) | (2.7) |
| Free cash flow (operating cash flow − capex) | 95.1 | 14.4 | 5.8 | 23.9 | 51.1 | 7.5 | (39.3) | 65.4 | 16.6 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.