Biafo Industries Limited
PPSX:BIFO100.47
PKR
-2.70
(-2.62%)
ISIN
PK0062801011
Return %
Stock
S&P 500
1Y
-40.49
14.20
3Y
58.25
81.12
5Y
3.25
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Matin Amjad
- Full Time Employees
- 294
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Islamabad Pakistan
- IPO Date
- Sep 7, 1994
- Website
- biafo.com
- Similar Companies
- Business
- Biafo Industries Limited is a Pakistan-based manufacturer and distributor of commercial explosives, blasting agents, and initiation systems. Founded in 1988 and headquartered in Islamabad, Pakistan, the company operates a specialized manufacturing facility located in the Hattar Industrial Estate in Khyber Pakhtunkhwa. Biafo Industries supplies specialized energetic materials and blasting solutions to a broad customer base across civil construction, infrastructure development, mining, quarrying, cement manufacturing, tunneling, and oil and gas seismic exploration sectors. The company categorizes its operations into three primary product lines: Water Gel Explosives, Powder Explosives, and Blasting Accessories. Under technology and licensing agreements derived from DuPont and Explosives Technology International, the company manufactures its flagship Tovex line of water gel explosives, offering specialized grades including Tovex Super Blaster, Tovex Blaster, Tovex Super Breaker, Tovex Breaker, Tovex Seismic Explosive, Tovex Pre-Splitter, and Tovex Coal Miner; its powder explosives line includes Bio Prill ammonium nitrate fuel oil blends and Bi-Bulk bulk emulsion agents; and its initiation systems and blasting accessories comprise Plain Detonators, Electric Detonators spanning instantaneous, seismic, and millisecond delay types, Binel Non-Electric Delay Detonators utilizing shock-tube technology, Biafo Cord detonating cords, Safety Fuses, and Two-Way Surface Delay Relays. In addition to manufacturing, Biafo provides comprehensive technical and support services, including computerized blast design optimization, on-site technical advisory, magazine storage management, explosive logistics, and certified shot-firing safety training. Geographically, the company serves industrial and infrastructure projects throughout Pakistan and exports commercial explosives and accessories to international markets across Central Asia, the Middle East, and East Africa. In recent developments, Biafo Industries has focused on optimizing its manufacturing capacity and modernizing production lines at its Hattar complex to support expanded demand from national infrastructure and mineral extraction initiatives under the China-Pakistan Economic Corridor framework. The company has continued its technological collaboration with international partners, including South Korea-based Hanwha Corporation, to advance the quality and safety standards of its non-electric initiation systems and accessory lines. Additionally, the company has undertaken strategic governance updates through new appointments to its Board of Directors to guide long-term commercial growth, while maintaining operational expansions driven by strong commercial demand across the domestic cement, mining, and quarrying industries.