Sakrand Sugar Mills Ltd.
PPSX:SKRS20.09
PKR
-1.27
(-5.95%)
ISIN
PK0043301016
Return %
Stock
S&P 500
1Y
-8.01
14.20
3Y
121.99
81.12
5Y
118.13
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Mansoor Afzal Subzwari
- Full Time Employees
- 265
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Karachi Pakistan
- IPO Date
- May 25, 1994
- Website
- sakrandsugar.com
- Similar Companies
- Business
- Sakrand Sugar Mills Limited is a Pakistan-based agri-industrial company primarily engaged in the manufacturing, processing, and sale of refined white sugar and allied by-products. Operating within the sugar and allied industries sector, the company processes sugarcane into a comprehensive suite of commercial goods and industrial derivatives, including refined white crystalline sugar for household, food processing, and beverage manufacturing applications; molasses, supplied to commercial distilleries and industrial chemical manufacturers for ethanol distillation and animal feed; bagasse, utilized as a renewable biomass fuel source for captive power generation and boiler operations; and press mud (filter cake), distributed as organic compost fertilizer for agricultural soil conditioning. The company markets its products predominantly across Pakistan to industrial food and beverage processors, confectioners, and wholesale distributors. Incorporated on March 2, 1989, Sakrand Sugar Mills Limited is headquartered in Karachi, Sindh, Pakistan, and maintains its primary crushing and manufacturing plant in Deh Tharo Unar, Taluka Sakrand, Shaheed Benazirabad District, Sindh. In recent developments, the company executed a comprehensive corporate revival and restructuring plan, which included the sale and transfer of a 25% equity stake from existing sponsors to an incoming consortium of strategic investors. Under this restructuring framework, the new investor group injected PKR 100 million in interest-free sponsor financing to fund essential plant maintenance, repairs, and balancing, modernization, and rehabilitation (BMR) initiatives, while also restructuring outstanding bank debt with institutions including Bank Makramah Limited, securing working capital financing, and establishing expanded raw sugarcane procurement arrangements to optimize crushing capacity.