BSL — Bhayani Securities (Pvt) Ltd.
FCEPL logo

Frieslandcampina Engro Pakistan Limited FCEPL

Market closed

Rs 139.70

+0.50 (+0.36%)

Vol224,280Updated16:1518 Sep 2026

At a Glance

The headline take on FCEPL — valuation, income, returns, and efficiency

Consolidated snapshot

Frieslandcampina Engro Pakistan Limited (FCEPL) is a Food & Personal Care Products company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, FCEPL last traded at Rs 139.70 (+0.36% on the day) with a market cap of Rs 107.22B and a free float of 10.0%. Over the last 12 months the stock has returned +64.6%. Cash dividends declared over the trailing 12 months total Rs 3.50/share (yield 2.5%). The stock trades at a P/E of 39.9x.

Prices through 18 Sep 2026 · FY data through FY25 · Quarterly through Jun-26

39.9x
Rs 3.51
1Y Return
+64.6%
Rs 107.22B

Price & Performance

Closing prices across timeframes, returns, and range context

FCEPL — Price History

Daily closing series · toggle period below

1M Return+10.6%
3M Return+30.7%
6M Return+92.4%
1Y Return+64.6%
Day's Range48% of range
Rs 139.70
LowRs 138.50
HighRs 141.00
52-Week Range80% of range
Rs 139.70
LowRs 63.86
HighRs 158.50

Key Metrics

Valuation, profitability, structure, and risk in one grid

39.9xTrailing annual EPS
Rs 3.51Latest annual · basic
6.31xBook Rs 22.13
2.50%Rs 3.50/sh trailing 12m
0.79Lower than market
Rs 107.22BLarge cap
10.0%76.66M shares
19.57High leverage
16.1%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

FCEPL has paid Rs 3.50 per share in cash dividends over the trailing 12 months — a 2.5% yield at the last close. Its most recent payout was Rs 3.50/share, announced 17 Feb 2026 with book closure from 17 Apr 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 3.50
Trailing Yield
2.50%
Payout Ratio
Announced
17 Feb 2026

Dividend Per Share Trend

2021
Rs 0.00
2022
Rs 0.00
2023
Rs 0.00
2024
Rs 2.80
2025
Rs 3.50

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
17 Feb 202631 Dec 2025 (YR)CashRs 3.50(35%)17 Apr 2026 – 24 Apr 2026
14 Feb 202531 Dec 2024 (YR)CashRs 2.80(28%)15 Apr 2025 – 21 Apr 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

FCEPL's market capitalisation stands at Rs 107.22B as of 18 Sep 2026 up 62.9% over the past 12 months (from Rs 65.83B).

Financial Statements

How FCEPL's income and balance sheet have evolved

PKR MillionsJun-26Mar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Trend
Net Sales / Revenue30,139.3828,72224,22027,74526,47126,01624,53927,488
Cost of Sales23,146.3422,68721,22023,13421,43721,26721,21423,255
Gross Profit6,993.056,0343,0004,6125,0344,7483,3254,233
Administrative Expenses518.67359257447509527442482
Operating Profit4,108.673,3531,0512,2282,5992,3468961,972
EBITDA3,9311,6322,8493,1742,9051,4792,501
Other Income83.2413010112155110175129
Financial Charges205.9914486295397405541790
Profit Before Tax3,902.683,0338931,9272,1161,8173531,148
Taxation1,355.921,1832931,1541,884732168382
Profit After Tax2,546.761,8516007742321,085185766
EPS - Basic (Rs)Rs 3.33Rs 2.41Rs 0.78Rs 1.01Rs 0.30Rs 1.42Rs 0.23Rs 1.00

Showing 8 of 8 quarters · scroll horizontally to see more periods.

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · Mar-26

RatioValue
Net profit margin6.4%
Gross profit margin21.0%
EBITDA margin13.7%
EBIT margin11.7%

Net profit margin

Net profit ÷ revenue · %

0.0%1.6%3.2%4.8%6.4%2.8%Sep-24Dec-24Mar-25Jun-25Sep-252.5%Dec-256.4%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Jun-26

RatioValue
Current ratio1.15
Quick ratio0.17
Cash ratio0.08
Asset turnover0.71x
Effective tax rate34.7%

Current ratio

Current assets ÷ current liabilities

0.000.290.580.861.150.99Sep-24Dec-24Mar-25Jun-25Sep-25Dec-251.14Mar-261.15Jun-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 107.22B

Rs 119.93BRs 84.46BRs 48.98BRs 13.51BSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 107.22B

Valuation & Capital Returns

What the market is paying for FCEPL, and what it returns to shareholders

Latest · Mar-26

RatioValue
Price to earnings29.34x
Price to book2.88x
EV / EBITDA15.04x
Price to sales1.89x

Price to earnings

Period-end price ÷ EPS · times

0.00x97.01x194.02x291.03x388.04x58.90xSep-24Dec-24Mar-25Jun-25Sep-25110.85xDec-2529.34xMar-26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 140.45) is above the 30-day SMA (Rs 136.18). RSI at 55 sits in the neutral band.

As of18 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 140.45+0.54%Below
SMA 30Rs 136.18-2.52%Above
SMA 60Rs 121.33-13.15%Above
SMA 200Rs 98.36-29.59%Above
55Neutral
0 · Oversold305070100 · Overbought

At 55, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD3.50
  • Signal5.66
  • Histogram-2.16
R2Resistance 2
Rs 172.62
23.6%
R1Resistance 1
Rs 156.24
11.8%
NOWCurrent
Rs 139.70
S1Support 1
Rs 125.74
-10.0%
S2Support 2
Rs 111.62
-20.1%

Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

Not MTS-eligible
Rs 73.31M
-68.06% MoMMargin financing
Rs 73.31M
-68.06% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for FCEPL on the latest PSX DFC report.

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %52.11%Most recent print
Average · 3M62.28%Mean over window
Change · 3M-14.74%First → last
Range · 3M28.5–90.5%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 17 Sep 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 10.0%Non-float · 90.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 7.67B
Total Shares766.60M
76.66M
10.0%
Year EndDec
Enterprise Value

About the Company

Business description, governance, and corporate information

FrieslandCampina Engro Pakistan Limited, is a public listed company incorporated in Pakistan, under the repealed Companies Ordinance, 1984 (now the Companies Act 2017). The Company is a subsidiary of FrieslandCampina Pakistan Holdings B.V. (the Holding Company) which is a subsidiary of Zuivelcoöperatie FrieslandCampina UA (the Ultimate Parent Company). The principal activity of the Company is to manufacture, process and sell dairy based products and frozen desserts. The Company also owns and operates a dairy farm.

Shariah CompliantFood & Personal Care Products

Corporate Information

  • RegistrarFAMCO Share Registration Services (Pvt) Limited, 8-F, Next to Hotel Faran, Nursery, Block-6, P.E.C.H.S., Shahrah-e-Faisal, Karachi
  • AuditorA.F Ferguson & Co. Chartered Accountants
  • Websitewww.frieslandcampina.com.pk
  • Address5th Floor, The Harbor Front Building, HC-3, Marine Drive, Block - 4, Clifton, Karachi - 75600, Pakistan
  • SectorFood & Personal Care Products
  • Financial Year EndDecember

Key People

NameRole
KHKashan Hasan
CEO
ASAbdul Samad Dawood
Chairperson
SSSaniya Saeed Khan
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Peers in Food & Personal Care Products

How the cohort is moving — same-sector stocks by market cap

FCEPL vs Food & Personal Care Products sector median

Median across 28 sector constituents · nulls excluded per metric

MetricFCEPLSector median
39.9x15.4x
2.5%0.0%
16.1%11.5%
1-Year Return+64.6%-13.5%
Rs 107.22BRs 7.95B

Frequently Asked Questions

The most common questions investors ask about FCEPL

FCEPL last traded at Rs 139.70, up 0.36% on the day, within a 52-week range of Rs 63.86–158.50. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

Ready to invest in FCEPL?

Open a BSL trading account in under 10 minutes

Buy and sell FCEPL and every other PSX-listed stock with low commissions, real-time data, and a concierge research desk backing every trade.