Fatima Fertilizer Company

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Fatima Fertilizer Company
Company type Public
PSX:  FATIMA
ISIN PK0091601010
Industry Fertilizer
Founded2003;22 years ago (2003)
Headquarters Lahore, Pakistan
Area served
Pakistan
Key people
Arif Habib (Chairman)
Fawad Ahmed Mukhtar (CEO)
RevenueIncrease2.svgRs. 71 billion (US$250 million) (2020)
Increase2.svgRs. 19 billion (US$66 million) (2020)
Total assets Increase2.svgRs. 2.9 billion (US$10 million) (2020)
Number of employees
2,604 (December 2020)
Parent Fatima Group & Arif Habib Group
Website www.fatima-group.com/fertilizer/fatima-fertilizer/

Fatima Fertilizer Company Limited is a fertiliser manufacturer headquartered in Lahore, Pakistan. It was established in 2003 as a joint venture between the Fatima Group and the Arif Habib Corporation. [1] [2] [3]

Contents

The company manufactures, sells, imports, and exports fertilisers and chemicals. [3] [4] Its production includes two intermediary products, ammonia and nitric acid, and three final products: urea, calcium ammonium nitrate, and nitro phosphate. Pakistan's fertilizer sector is oligopolistic, with nine companies in operation. Fatima Fertilizer is the third-largest player with a market share of about 6.1%. [5] A major factor in its profitability is an exclusive gas supply contract from the Mari Gas Field, operated by Mari Petroleum. [6]

Operations

Fatima Fertilizer runs three plants in Sadiqabad, Multan, and Sheikhupura; the latter was acquired in 2015 from Dawood Hercules Corporation. [7] [8] It also holds an equity stake in Midwest Fertilizer Company in Indiana, United States, through a Singapore-based subsidiary. [9]

Expansion

The company plans to build a new urea plant at Port Qasim with an investment exceeding US$500 million, which will add one million tons to its annual capacity. [10] Fatima Group has also partnered with Algeria's Sonarem to develop phosphate reserves at Bir el Ater, and jointly with Lucky Cement has acquired a 66.66% stake in National Resources (Pvt) Limited, a Balochistan-based mineral exploration company. [11] [12]

References

  1. "Company profile and stock quote of Fatima Fertilizer Company Limited". Market Screener.com website. Retrieved 17 May 2021.
  2. "Fatima Fertilizer Company Limited (profile)". Business Recorder (newspaper). 8 January 2021. Archived from the original on 17 May 2021. Retrieved 17 May 2021.
  3. 1 2 "Fatima Fertilizer Company Limited". brecorder.com. Business Recorder. 1 September 2025. Retrieved 2 September 2025.
  4. Pakistan Stock Exchange: https://dps.psx.com.pk/company/FATIMA Archived 2021-05-17 at the Wayback Machine
  5. "Fertilizer Sector (PDF)". VIS Credit Rating Company Limited website. January 2016. Archived from the original on 22 April 2021. Retrieved 17 May 2021.
  6. Dr. Muhammad Masiullah Jatoi, Ms. Safia Khan, Mr. Shoaib Hyder (December 2015): Determinants of an Investment Decision, A Case of Fertilizer Sector in Pakistan, SALU-CER December, 20-38 (PDF): https://cer.salu.edu.pk/wp-content/uploads/2019/12/Determinants-of-an-Investment-Decision-1.pdf Archived 2021-05-18 at the Wayback Machine
  7. "Fatima Fertilizer announces third quarter results". The Nation (Pakistan) . 1 November 2020. Retrieved 17 May 2021.
  8. "FFC acquires DH Fertilizer". The News International . 26 June 2015. Archived from the original on 23 April 2021. Retrieved 19 May 2021.
  9. "Fatima Fertilizer Company Annual Report 2020" (PDF). Fatima Group. Archived (PDF) from the original on 17 May 2021. Retrieved 19 May 2021.
  10. "Fatima Fertilizer eyes expansion". Profit by Pakistan Today . 6 December 2022. Retrieved 3 September 2025.
  11. "Fatima group, Algeria's Sonarem sign MoU to boost mining and fertilizer cooperation". Profit by Pakistan Today . 9 August 2025. Retrieved 3 September 2025.
  12. Abbas, Ghulam (15 February 2024). "Fatima Fertilizers, Lucky Cement acquire direct stake in Balochistan-based mining company". Profit by Pakistan Today . Archived from the original on 30 July 2024. Retrieved 3 September 2025.