Biafo Industries Limited
By PSX Investors Zone · Updated October 21, 2026
Explore Biafo Industries Limited (PSX: BIFO), a Pakistani manufacturer of commercial explosives and blasting accessories. Review its latest reported financial results, business operations, Shariah screening status and important PSX risk disclosures before making an investment decision.
Company Overview
Biafo Industries Limited (PSX: BIFO) is a Pakistan-based manufacturer of commercial explosives and blasting accessories, including detonators and related products. According to the Pakistan Stock Exchange (PSX), the company was incorporated on 7 September 1988 and began commercial production on 1 July 1994.
The company’s registered head office is in Islamabad, while its factory is located at Hattar Industrial Estate, District Haripur, Khyber Pakhtunkhwa. Its business depends on industrial demand for explosives and blasting products and on compliance with applicable licensing and safety requirements.
Official sources: PSX company profile | Biafo official website
Business Activities
Biafo manufactures commercial explosives and blasting accessories used in industrial applications. The PSX company profile notes that the licence required for manufacturing and selling explosives must be renewed annually.
Investors should monitor production and sales trends, operating costs, licence renewals, safety and regulatory compliance, customer demand, and the company’s ability to maintain profitability.
Latest Financial Performance
The PSX company page reports the following annual figures. Amounts below are converted from the source’s stated thousands of rupees into billions or millions for readability.
| Financial measure | FY2026 | FY2025 |
|---|---|---|
| Sales | Rs. 3.193 billion | Rs. 2.902 billion |
| Profit after tax | Rs. 388.936 million | Rs. 389.490 million |
| Earnings per share (EPS) | Rs. 8.39 | Rs. 8.40 |
| Gross profit margin | 36.28% | 35.73% |
| Net profit margin | 12.18% | 13.42% |
Source: PSX financials and ratios for BIFO. Figures are based on the financial data presented on the PSX page; consult the company’s published annual report for the audited statements and detailed notes.
What the figures indicate
Sales increased from approximately Rs. 2.90 billion in FY2025 to Rs. 3.19 billion in FY2026. However, reported profit after tax and EPS were slightly lower than in FY2025. The net profit margin also declined, so higher sales did not translate into higher annual earnings.
These figures are historical results, not a forecast of future performance.
Shariah Compliance Status
Biafo Industries Limited is listed in the PSX Investors Zone Shariah-eligible stock directory under the symbol BIFO.
- PSX Investors Zone Shariah stock directory
- SECP Register of Shariah-Compliant Companies — 30 June 2026
- PSX company profile
Important: The directory listing should not be treated as a permanent guarantee of compliance. Shariah screening can change as financial statements and screening criteria are updated. Confirm BIFO’s inclusion in the latest official screening publication before relying on this status. Do not assume that historical screening ratios remain current.
Important PSX Risk Warning
PSX displays a Risk Warning Alert for Biafo Industries Limited. The notice states that the company is in continuous violation of clauses 5.11.1 or 5.11.2 of PSX regulations and carries a risk of trading suspension or delisting, subject to the Exchange’s terms and conditions.
Investors should read the current notice and investigate the underlying regulatory issue before making a decision.
Official source: PSX — Biafo Industries Limited
Factors to Monitor
- Revenue and profitability: Track quarterly sales, profit after tax, EPS and margins.
- Regulatory compliance: Monitor PSX notices and any developments related to the Risk Warning Alert.
- Explosives licensing: The company’s manufacturing and sales licence requires annual renewal, according to PSX.
- Operating costs: Changes in production costs and expenses may affect margins.
- Cash flow and dividends: Review audited statements, cash flows, payout announcements and dividend history rather than relying on past payouts alone.
- Shariah screening: Recheck the latest official list before treating the stock as currently eligible.
Frequently Asked Questions
What is Biafo Industries Limited’s PSX symbol?
Its symbol is BIFO.
What does Biafo Industries Limited do?
It manufactures commercial explosives and blasting accessories, including detonators and related products.
When was Biafo Industries Limited incorporated?
PSX reports that the company was incorporated on 7 September 1988.
Is BIFO Shariah-compliant?
BIFO is listed in the PSX Investors Zone Shariah-eligible directory. Investors should confirm its status against the latest official Shariah screening register because eligibility can change.
What is the major risk disclosed by PSX?
PSX currently displays a Risk Warning Alert citing continuous violations of clauses 5.11.1 or 5.11.2, with possible trading suspension or delisting risk.
Where can investors find official information?
Use the PSX company page for financial results, notices and regulatory disclosures, and the company website for corporate information.
Disclaimer
This profile is for educational and informational purposes only. It is not a recommendation to buy, sell or hold BIFO shares, and it does not promise returns. Investors should review official financial statements, current PSX notices, market risks and the latest Shariah screening status before making their own decisions.
This profile is for educational purposes and is not a recommendation to buy or sell any security.