Agritech Limited
PPSX:AGL43.18
PKR
-1.62
(-3.62%)
ISIN
PK0086301014
Return %
Stock
S&P 500
1Y
-42.56
14.20
3Y
441.78
81.12
5Y
937.98
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Muhammad Faisal Muzammil
- Full Time Employees
- 873
- Sector
- Process industries
- Industry
- Chemicals: agricultural
- Address
- Lahore Pakistan
- IPO Date
- Mar 11, 2010
- Website
- agritech.com.pk
- Similar Companies
- Business
- Agritech Limited is a Pakistan-based manufacturer and distributor of chemical fertilizers and industrial chemicals, serving the agricultural and industrial sectors across Pakistan. Founded in 1959 and originally incorporated as Pak-American Fertilizers Limited before rebranding to Agritech Limited, the company is headquartered in Lahore, Pakistan. Agritech Limited operates through two principal segments, Fertilizer and Chemicals, manufacturing and marketing its agricultural products under the Tara brand name. The company's core product and service portfolio comprises urea (Tara Urea), a high-grade nitrogenous fertilizer containing 46% nitrogen produced for domestic crop cultivation; granulated Single Super Phosphate (Tara SSP), a phosphatic and sulfur-enriched fertilizer engineered to optimize crop yields in alkaline soil conditions; Di-Ammonium Phosphate (Tara DAP), an imported and marketed multi-nutrient fertilizer providing essential nitrogen and phosphate; and industrial chemical intermediates, including anhydrous ammonia and sulfuric acid produced for industrial processing and internal fertilizer synthesis. The company maintains major production complexes in Pakistan, including an ammonia-urea manufacturing facility located at Iskanderabad in the Mianwali District of Punjab and a Single Super Phosphate production plant in Hattar, Haripur District of Khyber Pakhtunkhwa, distributing products nationwide through an extensive network of regional warehouses, dealers, and agricultural distributors. In recent corporate developments, Agritech Limited completed a significant ownership transition and capital reorganization, resulting in joint controlling ownership by Fauji Fertilizer Company Limited and the Maple Leaf Group (via Maple Leaf Cement Factory Limited), which collectively acquired an approximate 84% majority equity interest following competitive bidding and regulatory approval from the Competition Commission of Pakistan. In conjunction with this change in parent ownership, the company reconstituted its board of directors, initiated comprehensive debt restructuring and settlement arrangements with commercial banking syndicates and financial institutions to rehabilitate its balance sheet, and achieved an operational turnaround returning the business to profitability backed by normalized natural gas feedstock allocations and optimized production runs.