Fauji Fertilizer in Pakistan: Origin, Owners, Business, Net Assets & Yearly Profit
By Dr Ashraf Cohan
Chief Editor Daily Rapid Lahore
Fauji Fertilizer Company Limited (FFC) is one of Pakistan’s leading fertilizer manufacturers and a major agribusiness player. It was incorporated in 1978 and commenced operations with its first urea plant in Sadiqabad, Punjab. The company was originally formed as a joint venture between the Fauji Foundation and Haldor Topsoe of Denmark, marking the beginning of a large-scale fertiliser industry presence in Pakistan. It was later listed on the Karachi, Lahore and Islamabad stock exchanges in the early 1990s, enhancing its public ownership and corporate profile.
The majority owner of FFC is the Fauji Foundation, a large Pakistani welfare trust associated with the Pakistan Army that holds about 43 % of the company’s shares and acts as its parent. As a publicly traded firm on the Pakistan Stock Exchange (PSX), the rest of the shares are widely held by institutional and retail investors.
The company’s core business is the manufacturing, purchasing and marketing of fertiliser products—notably urea, DAP (di-ammonium phosphate), SOP (sulphate of potash) and other chemical fertilisers vital for Pakistan’s agriculture sector. In addition to fertilisers, FFC has diversified into related sectors including power generation, food processing and technical services, and holds investments in subsidiaries like Fauji Foods and energy assets.
On the financial front, FFC is one of the most valuable companies in Pakistan’s corporate landscape. Its market capitalisation (often seen as an indicator of net worth) exceeded PKR 840 billion in early 2026, showing strong investor confidence and significant scale. The company’s total assets are also substantial; recent financial estimates suggest total assets around PKR 570 billion against liabilities of around PKR 315 billion, giving it a solid asset base.
In terms of profitability, FFC reported net income of approximately PKR 83.6 billion over the last twelve months, with a net profit margin near 17 %. Its revenue streams have been strong, with annual revenues reaching several hundred billion Pakistani rupees in recent years.
