Fauji Fertilizer Company Limited (PSX:FFC)

Fauji Fertilizer Company Income Statement

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	466,706	411,254	181,382	125,678	114,345	102,744
Revenue Growth (YoY)	106.78%	126.73%	44.32%	9.91%	11.29%	-6.44%
Cost of Revenue	315,058	267,560	104,551	75,995	72,994	68,306
Gross Profit	151,648	143,695	76,832	49,683	41,352	34,438
Selling, General & Admin	38,235	31,936	13,807	11,226	9,098	8,263
Other Operating Expenses	13,053	12,655	8,561	3,047	2,962	2,648
Operating Expenses	51,288	44,591	22,369	14,273	12,060	10,911
Operating Income	100,360	99,104	54,463	35,410	29,292	23,527
Interest Expense	-8,213	-7,499	-5,950	-5,497	-2,589	-2,326
Interest & Investment Income	12,131	12,131	11,559	4,085	3,632	3,998
Earnings From Equity Investments	21,924	23,723	11,237	12,440	10,155	8,297
Currency Exchange Gain (Loss)	-263.89	-263.89	885.35	766.11	234.45	72.55
Other Non Operating Income (Expenses)	498.02	-528.66	-4,168	-2,688	-2,554	-666.76
EBT Excluding Unusual Items	126,436	126,666	68,025	44,517	38,170	32,902
Gain (Loss) on Sale of Investments	13,329	13,329	3,290	6,055	1,995	698.09
Gain (Loss) on Sale of Assets	594.59	594.59	95.05	62.13	34.93	40.8
Other Unusual Items	-	-	-	-	9,709	5,927
Pretax Income	140,360	140,590	71,410	50,634	49,909	39,567
Income Tax Expense	54,568	55,064	23,958	16,263	10,045	9,816
Earnings From Continuing Operations	85,791	85,525	47,452	34,371	39,865	29,751
Net Income to Company	85,791	85,525	47,452	34,371	39,865	29,751
Minority Interest in Earnings	-1,479	-1,146	-941.09	-625.47	4.61	-
Net Income	84,313	84,379	46,511	33,745	39,869	29,751
Net Income to Common	84,313	84,379	46,511	33,745	39,869	29,751
Net Income Growth	33.10%	81.42%	37.83%	-15.36%	34.01%	71.64%
Shares Outstanding (Basic)	1,482	1,423	1,272	1,272	1,272	1,272
Shares Outstanding (Diluted)	1,482	1,423	1,272	1,272	1,272	1,272
Shares Change (YoY)	16.76%	11.86%	-	-	-	-
EPS (Basic)	56.88	59.29	36.56	26.52	31.34	23.38
EPS (Diluted)	56.88	59.29	36.56	26.52	31.34	23.38
EPS Growth	14.00%	62.19%	37.83%	-15.36%	34.01%	71.64%
Free Cash Flow	28,926	101,345	56,318	1,181	19,546	34,859
Free Cash Flow Per Share	19.52	71.21	44.27	0.93	15.36	27.40
Dividend Per Share	40.000	36.500	15.490	12.130	14.500	11.200
Dividend Growth	69.64%	135.64%	27.70%	-16.35%	29.46%	3.70%
Gross Margin	32.49%	34.94%	42.36%	39.53%	36.16%	33.52%
Operating Margin	21.50%	24.10%	30.03%	28.18%	25.62%	22.90%
Profit Margin	18.07%	20.52%	25.64%	26.85%	34.87%	28.96%
Free Cash Flow Margin	6.20%	24.64%	31.05%	0.94%	17.09%	33.93%
EBITDA	105,705	102,682	56,960	39,345	32,755	26,671
EBITDA Margin	22.65%	24.97%	31.40%	31.31%	28.65%	25.96%
D&A For EBITDA	5,344	3,578	2,497	3,934	3,464	3,144
EBIT	100,360	99,104	54,463	35,410	29,292	23,527
EBIT Margin	21.50%	24.10%	30.03%	28.18%	25.62%	22.90%
Effective Tax Rate	38.88%	39.17%	33.55%	32.12%	20.13%	24.81%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.