Agro Processors & Atmospheric Gases Limited
By PSX Investors Zone · Updated October 20, 2026

Agro Processors & Atmospheric Gases Limited (SOYASUP) is a Pakistan Stock Exchange-listed manufacturer of vegetable ghee, cooking oil and related products, including the Soya Supreme brand. Incorporated in 1980, the company began trading on the PSX in September 2026. In FY2026, revenue increased to Rs.19.93 billion, profit after tax reached Rs.875.57 million, and EPS rose to Rs.2.66. The company recommended a final cash dividend of Rs.0.50 per share in addition to an interim dividend of Rs.0.40 per share already paid. It was declared Shariah-compliant for inclusion in the PSX-KMI All Share Islamic Index at listing; investors should verify current screening and review the Risk Warning Alert shown on the PSX profile.
Agro Processors & Atmospheric Gases Limited (SOYASUP) — Company Profile and Fundamental Analysis
Agro Processors & Atmospheric Gases Limited is a Pakistani manufacturer of vegetable ghee, cooking oil and allied products. Its consumer brand includes Soya Supreme, and its shares trade on the Pakistan Stock Exchange under the symbol SOYASUP.
Official website: https://www.apag.com.pk/
Business Overview
The company was incorporated in Pakistan on September 25, 1980, as a private limited company. It converted to public company status on February 11, 2021, and its shares began trading on the PSX on September 15, 2026.
Its principal business is manufacturing and selling vegetable ghee, cooking oil and related products. Performance can be affected by edible-oil prices, imported raw materials, currency movements, packaging and energy costs, competition, consumer demand and financing expenses.
Source: PSX company profile
Financial Performance
The PSX financial summary and FY2026 results report the following figures:
| Financial metric | FY2026 | FY2025 |
|---|---|---|
| Revenue | Rs.19.933bn | Rs.18.072bn |
| Profit after tax | Rs.875.57m | Rs.557.16m |
| Earnings per share | Rs.2.66 | Rs.1.69 |
| Gross profit margin | 16.44% | 14.35% |
| Net profit margin | 4.39% | 3.08% |
Revenue grew by approximately 10.3%, while profit after tax increased by approximately 57.1%. Gross and net profit margins also improved year over year.
The results indicate improved profitability during FY2026, but investors should investigate the sustainability of these margins, raw-material costs, operating cash flows and working-capital requirements before drawing conclusions about future performance.
Source: FY2026 annual-report and results details
Dividend Information
For FY2026, the Board recommended a final cash dividend of Rs.0.50 per share (25%), in addition to an interim cash dividend of Rs.0.40 per share (20%) already paid. This represents a proposed total distribution of Rs.0.90 per share for the financial year, subject to the final dividend receiving the required shareholder approval.
Check the latest company announcement and entitlement details before describing the final dividend as approved or paid.
Source: FY2026 results and annual-report details
Share Price and Valuation
The PSX profile showed a share price of Rs.30.02 on October 19, 2026, at 3:48 PM and a trailing P/E ratio of 6.90. Its displayed 52-week range was Rs.27.01–33.50 at the time checked.
These are dated market figures, not a live quote. Refresh them before publication. A low P/E ratio alone does not establish that a stock is undervalued; investors should also consider earnings quality, cash flow, financial obligations, dividend sustainability and business risks.
Source: PSX — SOYASUP market data
Shariah Compliance
At the time of its September 2026 listing, the company was declared Shariah-compliant following a review of its financial statements and business activities, and it was scheduled for inclusion in the PSX-KMI All Share Islamic Index (KMIALLSHR) from its listing date.
This is a dated screening outcome, not a permanent guarantee. Before presenting SOYASUP as currently Shariah-compliant, check the latest official KMI All Share Islamic Index constituent list or relevant PSX screening notice.
Source: Listing and Shariah-compliance announcement
Important PSX Risk Warning
The PSX company profile displays a Risk Warning Alert concerning continuous violations under specified exchange regulations and potential suspension or delisting risk.
Investors should review the latest official PSX announcements to identify the relevant regulatory issue and determine whether the company has addressed it. The displayed alert alone does not establish that trading has already been suspended or that the company has been delisted.
Source: PSX — SOYASUP profile and announcements
Key Factors for Investors to Monitor
- Raw-material prices: Changes in edible-oil and other input costs.
- Profit margins: Whether FY2026 margin improvement continues.
- Currency movements: Potential effects on imported inputs and costs.
- Cash flow: Whether reported profit translates into operating cash.
- Dividend confirmation: Approval and payment of the recommended final dividend.
- Shariah screening: Current KMI All Share Islamic Index membership.
- Regulatory disclosures: Updates concerning the PSX Risk Warning Alert.
Official References
- Pakistan Stock Exchange — SOYASUP
- Agro Processors & Atmospheric Gases — Official Website
- FY2026 Annual Report and Results Details
- PSX Listing and Shariah Announcement
Disclaimer: This profile is for educational and informational purposes only. It is not a recommendation to buy or sell SOYASUP. Verify the latest financial statements, market price, company announcements, PSX risk notices and Shariah screening before making an investment decision.
This profile is for educational purposes and is not a recommendation to buy or sell any security.