Matco Foods Limited

According to Business Recorder, Matco Foods Limited (PSX: MFL) recorded a profit of Rs260.443 million for 2026, a 37 percent fall from the year before. Its net sales slid 38.18 percent to Rs16,478.18 million, while earnings per share stood at Rs2.13. The net profit margin came to 1.58 percent.

The report attributes the sales drop to a planned move away from commodity shipments with thin margins and high volumes, toward higher-margin industrial ingredients, domestic branded goods and premium exports. Gross profit fell 26.49 percent, yet the gross margin improved to 14.93 percent on the back of a changed sales mix, better operating efficiency and tighter procurement. Distribution costs dropped 24.74 percent and administrative expenses declined 8.68 percent, partly because the workforce was reduced from 900 to 713 employees.

During the year, the company moved its rice and corn starch divisions into two wholly owned subsidiaries, Falak Foods Limited and Matco Corn Products (Pvt.) Limited. As a result, the unconsolidated accounts now carry these divisions as long-term investments, making a direct comparison with 2025 less straightforward. Gearing climbed to 60 percent on higher working capital borrowings, while finance cost dropped 18.29 percent.