Matco Foods Ltd

Matco Foods Ltd

PPSX:MFL
43.33
PKR
-0.58
(-1.32%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Khalid Sarfaraz Ghori
Full Time Employees
1,093
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Karachi Pakistan
IPO Date
Feb 13, 2018
Business
Matco Foods Limited is a Pakistan-based agribusiness and consumer food processing company engaged in the manufacturing, processing, refining, packaging, and global distribution of specialty rice, value-added agro-food ingredients, and packaged consumer goods. Founded in 1964 and headquartered in Karachi, Pakistan, the company operates across two primary business segments: Consumer Foods and Industrial Ingredients. The company's core product portfolio includes Basmati and specialty rice varieties comprising aged super basmati, 1121 steam, sella, parboiled, organic, brown, and long-grain white rice marketed under its flagship brand Falak as well as Bahar, Shahenshah, and private labels; industrial specialty rice derivatives consisting of organic and conventional clarified rice glucose syrup, high maltose syrup, brown rice syrup, rice syrup solids, maltodextrin, and hypoallergenic rice protein meal for food, beverage, confectionery, pharmaceutical, and animal nutrition applications; consumer packaged foods comprising Himalayan pink rock salt in coarse, fine, and grinder formats, whole and ground spices, culinary seasonings, recipe mixes, dessert mixes, packaged pulses, and crispy fried onions; and corn-derived starches and sweeteners including industrial corn starch, liquid glucose, and dextrose monohydrate. Matco Foods operates modern processing, milling, and refining facilities located in Karachi, Sindh, as well as Sadhoke and Faisalabad, Punjab, supported by overseas trading operations through its subsidiary JKT General Trading FZE in the United Arab Emirates and domestic distribution via Matco Marketing (Private) Limited. The company serves both business-to-business industrial clients and retail consumer markets, exporting products to over 65 countries across North America, Europe, the Middle East, Africa, and the Asia-Pacific region. In recent developments, Matco Foods has expanded its industrial ingredients division through the commercial operationalization of its corn starch and dextrose monohydrate manufacturing facility in Faisalabad, diversifying its revenue streams into high-margin starch sweeteners. The company has also expanded its renewable energy infrastructure by commissioning captive rooftop solar photovoltaic installations across its manufacturing plants in Karachi and Sadhoke to optimize energy costs and sustainability, while expanding its Falak-branded consumer portfolio with certified organic food lines, value-added spice blends, and extended retail distribution networks across international mainstream and ethnic supermarket channels.