Fauji Fertilizer Co. Ltd. · PSX:FFC
Fauji Fertilizer — FY2024 Earnings Presentation
16 slides from Fauji Fertilizer's earnings presentation, Feb 4, 2025
Slide 1: Corporate Briefing for the Year ended December 31, 2024
Fauji Fertilizer Company Limited Corporate Briefing For the Year ended December 31, 2024 February 4, 2025
Slide 2: Table of Contents
Table of Contents 1 Agri Economics 2 Business Highlights `` & Challenges 3 Financial Overview 4 Group structure 5 Questions & Answers Session
Slide 3: Farm Economics
Farm Economics Under Pressure due to increased cost of production • Net farm income for all the crops has decreased over last year (except wheat) • Wheat improved over 2023-24 but remained below 2022-23. 2021-22 2022-23 2023-24 2024-25(P) Crops Net Income Rs./Acre Wheat 27,930 88,799 13,573 19,705*
Slide 4: Economic Highlights
Economic Highlights Key Indicators Point to Economic Recovery GDP Growth 2.38% 1000 bps reduction in Inflation easing up Policy Rate Projected to rebound around 3% over 4.1% in Dec 2024 vs 29.7% in Dec the next few years From 22% to 12% : Jan 25 2023 (YOY) 4
Slide 5: Business Highlights & Challenges
Business Highlights & Challenges (Jan-Dec 2024) Merger & Selling fertilizer in a Acquisition Long Market Combined US$ 1.9Bn Market 1 1 Profitability Cap (Dec’24) PKR 64.7Bn 9 2 Contribution to National exchequer 8 73 Sona Centers PKR 94.1Bn 3 Operational Highlights Challenges Highest Other 7 4 Highe
Slide 6: Sona Centers – Direct to Farmers
Sona Centers – Direct to Farmers Fertilizers availability at controlled rates 73 Stores in 2024 Sona Centers 75,000 farmers registered Direct to Consumer Channel Farmers 1 million acre land covered Expansion plans in 2025
Slide 7: Successful Launch of Zinc Coated Urea
Successful Launch of Zinc Coated Urea Zinc Coated Enhanced Efficiency Fertilizer Urea Zinc Coated Urea Line commissioned at FFC-GM Capacity of 100,000 Metric Tons Launched all over Pakistan Nitrogen 42% and Zinc 1%
Slide 8: Financial Overview FY-2024
Financial Overview FY-2024 Investment income and cost optimization driving profitability PKR 374 Bn PKR 127 Bn vs vs SPLY 159 Bn SPLY 64 Bn Div & Invest. Operating Profit Profit after tax Income PKR 98 Bn PKR 64.7 Bn PKR 35 Bn vs vs SPLY 52 Bn SPLY 29.7 Bn vs SPLY 17 Bn EPS PKR 45.49 vs SPLY PKR 23.
Slide 9: Profitability Breakdown - PKR 64.7 Bn
Profitability Breakdown - PKR 64.7 Bn Fertilizer business contributing 62% towards PAT Profit from Fertilizer PKR Business 8.1 Bn Dividend Income Sale of Urea and Imported Fertilizers Distribution by our subsidiaries and associated companies PKR Net of24.7 tax PKR 40.1 Bn 16.5 Bn Investment income I
Slide 10: Financial Position Overview FY-2024
Financial Position Overview FY-2024 Equity & Reserves Property Plant & Equip. PKR 132 Bn PKR 58 Bn vs vs SPLY 62 Bn SPLY 40 Bn Long term Invest. Short term Invest. PKR 77 Bn PKR 216 Bn vs vs SPLY 49 Bn SPLY 96 Bn Debt to equity Current ratio Dec ‘24 : 19% to 81% Dec ‘24 : 1.14 Times Dec ‘23 : 23% to
Slide 11: Key Performance Indicators
Key Performance Indicators Record Prilled Urea Production Inventory Sona P : 2,115 KT Urea 41 Neem Coated : 440 KT 32 Production Sona G : 287 KT Act 24 Act 23 Sona DAP : 452 KT DAP 31 Imported DAP : 157 KT 3 Act 24 Act 23 TOTAL : 3,451 2023 2,549KT IFA Stewardship Award 2024 for Safety, Health and E
Slide 12: Key Performance Indicators: Sales and Market Share
Key Performance Indicators Urea Market Share Record Urea & DAP offtake AGL NFML Sona P : 2,116 KT 5% AGL 3% Fatima Fatima 4% 15% 15% FFC Neem Coated : 434 KT FFC 43% 2024 48% 2023 EFERT EFERT Sona G : 298 KT 32% 35% Sales Imp. Urea : 95 KT DAP Market Share Pvt Imp Sona DAP : 514 KT 16% Pvt Imp Fatim
Slide 13: Local vs International Prices – Urea (PKR/Bag)
Local vs International Prices – Urea (PKR/Bag) Benefit of USD 564Mn (PKR 157Bn) passed on to the farmers during FY 2024 8,090 7,600 7,810 7,440 7,420 7,180 7,290 6,870 6,840 6,920 7,010 6,410 6,090 6,180 6,690 6,450 6,530 6,650 6,380 6,180 6,170 5,970 5,710 5,820 2,735 4,275 4,275 4,275 4,275 4,275
Slide 14: Group Structure
Group Structure Subsidiaries Associates Fauji Fresh n Freeze (FFF) FFC Energy Limited (FFCEL) Askari Bank (AKBL) Pak Maroc (PMP) 100% 100% 64.7% (added 21.57%) 37.5% (added 25%) Foundation Wind (FWEL-I) Foundation Wind (FWEL-II) Thar Energy Limited (TEL) Agritech (AGL) 100% 80% 30% 29.3% FFBL Power
Slide 15: Awards & Recognition
Awards & Recognition ICAP Best Corporate SAFA Best Annual Report PSX Top 25 Amir Chinoy Corporate ESG Reporting Award Report Award Award 2023 Companies Award Excellence Award (CFA) Best Report 2023 for Overall Winner Corporate Excellence Chemical & Fertilizer 3rd Position Awarded by MAP in Best ESG
Slide 16: Q&A Session
Q&A c 2 a ”) ® “)
Fauji Fertilizer Company — FY2024 Earnings Presentation on 6ix