External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Engro Fertilizers (EFERT) held its 4Q2025 Corporate Briefing Session today, wherein, the management discussed financial performance and outlook.</li><li>The company reported consolidated profits of Rs8.4bn (EPS: Rs6.26), down by 19% YoY and up 44% QoQ. The decline in profitability was due to the one-time recognition of super tax charge amounting to ~Rs2bn coupled with the higher finance cost of Rs2bn in 4Q2025.</li><li>Similarly, the net sales of the company surged by 20% YoY and 86% QoQ to Rs101.6bn in 4Q2025. The increase in revenue is due to the all-time high Urea volumes clocked in at 1.03mn tons with a market share of 41% in 4Q2025.</li></ul>

Engro Fertilizers (EFERT) held its 4Q2025 Corporate Briefing Session today, wherein, the management discussed financial performance and outlook.The company reported consolidated profits of Rs8.4bn (EPS: Rs6.26), down by 19% YoY and up 44% QoQ. The decline in profitability was due to the one-time recognition of super tax charge amounting to ~Rs2bn coupled with the higher finance cost of Rs2bn in 4Q2025.Similarly, the net sales of the company surged by 20% YoY and 86% QoQ to Rs101.6bn in 4Q2025. The increase in revenue is due to the all-time high Urea volumes clocked in at 1.03mn tons with a market share of 41% in 4Q2025.

Topline Flash Note: Engro Fertilizers (EFERT) – Corporate Briefing Key Takeaways