FFC posts Rs71.02bn nine-month profit, declares Rs18.50 dividend

Fauji Fertilizer Company FFC recorded consolidated net profit of Rs71.02bn for the nine months ended September 30, 2026, a 13% increase from Rs63.04bn in the corresponding period last year. The board declared an interim cash dividend of Rs18.50 per share.

The company deployed the RISE with SAP platform for integrated operations. Its urea market share reached 49%, compared with 47% in the same period last year, as offtakes rose 10% to 2.16 million tonnes. The overall urea market expanded 5% to 4.40 million tonnes.

FFC retained a 68% share of the DAP market, selling 525 KT as industry DAP offtakes fell 3% year on year to 775 KT. Its Sona Centre retail network comprised 244 centres, including 100 hubs and 144 spokes, and served 140,000 registered farmers across 2.6 million acres.

Elevated international phosphoric acid prices and inflationary pressures were challenges for the fertilizer business, including through higher DAP manufacturing costs and working capital requirements. Stock-in-trade rose 130% to Rs87.8bn at September-end from Rs38.2bn in December 2025, mainly due to higher phosphoric acid and DAP inventories.

FFC's borrowings reached Rs84.1bn at the end of September, up 37% from Rs61.3bn in December 2025. The increase was primarily linked to an investment of about Rs31bn in PIA. PACRA awarded the company a long-term AAA rating, described as the country's highest credit grade.