Engro Fertilizers Limited
By PSX Investors Zone · Updated October 22, 2026
Engro Fertilizers Limited (PSX: EFERT) is a major participant in Pakistan’s fertilizer industry, manufacturing and marketing fertilizer products for the agricultural sector. Incorporated in 2009, the company operates within the wider Engro group and serves farmers through its fertilizer products and distribution network. PSX-reported figures show FY2025 revenue of approximately Rs. 193.25 billion, profit after tax of Rs. 23.77 billion and EPS of Rs. 17.80. For the nine months ended September 30, 2026, PSX financial announcements reported consolidated profit after tax of approximately Rs. 16.24 billion and EPS of Rs. 12.16. EFERT was listed as Shariah-compliant in screening effective June 5, 2026, based on accounts to December 31, 2025. However, the PSX company page displays a Risk Warning Alert concerning potential trading suspension or delisting. Investors should verify the latest official disclosures and assess regulatory risk alongside business performance.
Company Overview
Engro Fertilizers Limited is a Pakistani fertilizer manufacturer listed on the Pakistan Stock Exchange under the symbol EFERT. The company was incorporated on June 29, 2009, and its operations include the manufacturing, purchasing and marketing of fertilizers. Its products support agricultural production by supplying crop nutrients to farmers across Pakistan.
The company's registered office is located at The Harbour Front Building, Clifton, Karachi. Engro Fertilizers is part of the wider Engro corporate group and has an established nationwide production and marketing infrastructure.
Official sources: PSX company profile | Official company website
Business Activities
Engro Fertilizers operates in Pakistan's agricultural-input industry. Fertilizer demand is influenced by crop patterns, farmer economics, water availability, agricultural output, fertilizer affordability, government policies and the availability of imported and locally produced inputs.
The company's operating performance can also be affected by natural gas supply and pricing, energy costs, plant utilisation, maintenance shutdowns, distribution expenses and changes in fertilizer inventory levels.
Investors should review product-wise sales, production volumes, plant utilisation and market demand to understand the factors behind changes in revenue and profitability.
Financial Performance
The PSX company profile reports the following annual financial figures for Engro Fertilizers:
| Financial indicator | FY2025 | FY2024 |
|---|---|---|
| Sales | Rs. 193.248 billion | Rs. 186.709 billion |
| Profit after taxation | Rs. 23.771 billion | Rs. 30.207 billion |
| Earnings per share | Rs. 17.80 | Rs. 22.62 |
Source: PSX financial information. Figures are reproduced from the PSX profile, which notes that its financial data may be standardised; consult the company's published annual report for the audited statements and accounting details.
For the nine months ended September 30, 2026, the PSX financial-announcements page reported consolidated profit after taxation of approximately Rs. 16.244 billion and consolidated EPS of Rs. 12.16. The corresponding unconsolidated figures were approximately Rs. 15.445 billion and EPS of Rs. 11.57.
Source: PSX financial announcements.
Investors should compare the nine-month results with the corresponding prior-year period, review quarterly trends and examine cash flows, finance costs, working capital and fertilizer-sector conditions. Annual and interim figures should not be compared without accounting for the different reporting periods.
Dividends
Engro Fertilizers has a history of cash dividends, but future distributions are not guaranteed. The company's official investor-relations page provides historical dividend information, while current declarations and payment dates should be checked against official PSX announcements.
Sources: Engro Fertilizers investor relations | PSX company announcements.
Before using a dividend yield in an investment assessment, confirm whether the dividend is declared, approved, paid or merely expected. A historical payout does not establish a future distribution.
Shariah Compliance Status
Engro Fertilizers Limited was listed as Shariah-compliant in screening effective June 5, 2026, based on accounts to December 31, 2025. The reported screening ratios were:
| Screening measure | Reported ratio |
|---|---|
| Interest-bearing debt to total assets | 11.28% |
| Non-compliant investments to total assets | 6.91% |
| Non-compliant income to total revenue | 0.40% |
| Illiquid assets to total assets | 69.60% |
Source: Screening summary referencing the PSX notice. Investors should confirm the applicable status and ratios from the latest official PSX-KMI All Share Islamic Index publication before relying on them.
Shariah screening is date-specific. A company's status can change when its financial information or the applicable screening criteria change. Screening eligibility does not guarantee investment performance or eliminate market risk.
Important PSX Risk Warning Alert
The PSX company page currently displays a Risk Warning Alert (RWA) for Engro Fertilizers Limited. The alert states that the company is in continuous violation of specified clauses 5.11.1 or 5.11.2 of PSX regulations and may face trading suspension or delisting, subject to the Exchange's applicable terms and conditions.
This warning is material and should be investigated before making an investment decision. Investors should review the latest PSX announcements to establish the status of the reported violations, any applicable deadlines and whether further regulatory action has been announced.
Official source: PSX company profile and announcements.
The RWA is separate from Shariah screening. A Shariah-compliant classification does not remove or resolve a listing-compliance risk.
Key Factors Investors Should Monitor
- Fertilizer demand: Follow seasonal agricultural demand, crop economics and farmer purchasing power.
- Gas and energy costs: Changes in gas pricing and supply can affect production costs and plant operations.
- Production and plant utilisation: Review production volumes, plant efficiency and maintenance-related interruptions.
- Margins and earnings: Assess fertilizer prices, product mix, distribution expenses, finance costs and taxation.
- Cash flow and working capital: Examine receivables, inventory, borrowing requirements and operating cash generation.
- Dividend announcements: Confirm each dividend's declaration, approval and payment status through official filings.
- Shariah screening: Recheck the latest official screening publication before relying on EFERT's current classification.
- Regulatory status: Follow PSX notices regarding the Risk Warning Alert and any potential suspension or delisting proceedings.
Frequently Asked Questions
What does Engro Fertilizers Limited do?
It manufactures, purchases and markets fertilizers for Pakistan's agricultural sector.
What is Engro Fertilizers Limited's PSX symbol?
Its ticker symbol is EFERT.
Is Engro Fertilizers Shariah-compliant?
It was listed as compliant in screening effective June 5, 2026, based on accounts to December 31, 2025. Check the latest official PSX-KMI screening publication for subsequent changes.
Does Engro Fertilizers have a PSX regulatory warning?
The PSX company page displays a Risk Warning Alert concerning continuous regulatory violations and potential trading suspension or delisting. Investors should consult the latest Exchange notices for its current status.
Where can investors find financial reports and dividend announcements?
Use the official PSX company page and the Engro Fertilizers investor-relations website.
Disclaimer
This profile is intended for educational and informational purposes and is not a recommendation to buy or sell shares. Financial performance, Shariah screening status and regulatory conditions can change. Verify the latest official company disclosures and PSX announcements before making an investment decision.
This profile is for educational purposes and is not a recommendation to buy or sell any security.