Professional Documents
Culture Documents
FFBL
Mission
Company Introduction
FFC was established in 1978 as a joint venture ofFauji
FoundationandHaldor Topsoe. The firstureacomplex
was commissioned in 1982. Plant-1 was improved in
1992, and a second plant was built in 1993. In the year
2002, FFC acquired exPak Saudi Fertilizers Limited(PSFL)
Urea Plant situated atMirpur Mathelo,District
GhotkifromNational Fertilizer Corporation(NFC) through
a privatizationprocess of theGovernment of Pakistan.
Fauji Fertilizer Bin Qasim Limited(FFBL) is another
company where FFC has controlling shares.
SWOT Analysis
Strengths
Weaknesses
Opportunities
There is no quota restriction by WTO since 2005,
so there are more chances of export.
Availability of gas from Iran can increase the
production of plants and industry can fulfill the
demands.
Government is giving support to fertilizer sector.
It means that Government has decided to
increase fertilizer industry funding.
Threats
10
Financial Position
11
12
Sales
87,615,258
52,182,072
Cost Of Sales
(55,435,451)
44,967,864
Gross Profit
32,179,807
7,214,208
36.73%
14%
Operating Profit
24,049,79
1,568,556
27.45%
1,707,059
5,683,100
EBIT Margin
29%
14%
Interest Expense
(4,587,926)
(1,867,774)
21,168,930
5,383,882
Taxation
(6,141,449)
(1,322,295)
Net Profit
13
15,027,481
4,061,587
Ratio Analysis:
Five categories of ratios.
Liquidity ratios
Activity ratios
Leverage ratios
Profitability ratios
Market ratios
Liquidity ratios:
Current Ratio
Current Ratio = Current Assets/ Current Liabilities.
2015
2014
2013
0.89 times
1.10 times
0.73 times
1.2
1
1.1
0.89
0.73
0.8
0.6
0.4
0.2
0
2015
2014
2013
QUICK RATIO:
Current Assets-inventory/ current liabilities
2015
2014
2013
0.67
0.90
0.56
0.9
1
0.8
0.67
0.56
0.6
0.4
0.2
0
2015
2014
2013
2014
2015
0.13
0.25
0.27
0.3
0.27
0.25
0.25
0.2
0.13
0.15
0.1
0.05
0
2015
2014
2013
2013
2014
2015
10.32
14.82
36.93
36.93
40
35
30
25
20
15
10
5
0
14.82
10.32
2015
2014
2013
2014
76.59 days
131.90 days
2015
13.days
150
100
50
0
2015
2014
2013
ACTIVITY RATIO
INVENTORY TURNOVER:
COGS/ inventory
2013
2014
2015
27 days
13 days
25. days
30
25
20
15
10
5
0
2015
2014
2013
2014
2015
4.77
2.78
3.51
5
4
3
2
1
0
2015
2014
2013
2014
2015
4.17 times
4.05 times
4.30 times
4.3
4.25
4.2
4.15
4.1
4.05
4
3.95
3.9
2015
2014
2013
2014
2015
1.50 times
1.07 times
88.times
2014
2013
PROFITABILITY RATIO
GROSS PROFIT MARGIN: Gross profit/ Net sale
2013
2014
2015
26.65%
22.43%
13.83%
2014
2013
2014
2015
21.01%
17.14%
16.58%
2014
2013
2014
2015
10.65%
8.12%
7.78%
2014
2013
2014
2015
18.25
17.20
(0.12)
20
15
10
5
0
-5
2015
2014
2013
RETURN ON ASSETS:
Net profit / Total Assets
2013
2014
2015
16.01%
8.68%
6.84%
2014
2013
RETURN ON EQUITY:
Net profit / shareholder Equity
2013
2014
2015
43.18%
17.14%
17.17%
2014
2013
2014
2015
27.44
18.39
(10.22)
In 2015 company generate no revenue in term of cash from its assets thats why COA
is negative
30
20
10
0
-10
-20
2015
2014
2013
2014
2015
7.06
10.51
12.12
15
10
5
0
2015
2014
2013
DIVIDEND PAYOUT:
Dividend per share / EPS
2015
2014
2013
87.39%
93.03%
83.19%
For the smooth earning seekers, the shareholders will go for buying shares of Fuaji because
of 87.39% of its earning is being distributed, in 2014 the ratio is higher then 2013 and 2015.
95.00%
90.00%
85.00%
80.00%
75.00%
2015
2014
2013
THANKS
THANK
S
TNAN
KS
THANKS
..??
Any Question.???
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