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Faran Sugar Mills Limited FRSM

Market open

Rs 42.90

+1.75 (+4.25%)

Vol517Updated15:4718 Sep 2026

At a Glance

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

Consolidated snapshot

Faran Sugar Mills Limited (FRSM) is a Sugar & Allied Industries company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, FRSM last traded at Rs 42.90 (+4.25% on the day) with a market cap of Rs 1.63B and a free float of 35.0%. Over the last 12 months the stock has returned -22.2%. The stock trades at a P/E of 5.9x.

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

5.9x
Rs 6.99
1Y Return
-22.2%
Rs 1.63B

Price & Performance

Closing prices across timeframes, returns, and range context

FRSM — Price History

Daily closing series · toggle period below

1M Return-3.7%
3M Return-11.3%
6M Return-15.9%
1Y Return-22.2%
Day's Range100% of range
Rs 42.90
LowRs 41.50
HighRs 42.50
52-Week Range30% of range
Rs 42.90
LowRs 34.22
HighRs 63.20

Key Metrics

Valuation, profitability, structure, and risk in one grid

5.9xTrailing annual EPS
Rs 6.99Latest annual · basic
0.78xBook Rs 55.13
No recent payout
0.64Lower than market
Rs 1.63BSmall cap
35.0%13.83M shares
124.43High leverage
14.2%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

FRSM has no cash dividend in the trailing 12 months. Its most recent payout was a 58% rights issue, announced 13 Nov 2024 with book closure from 22 Nov 2024. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
58% (Rights)
Yield (last FY)
Payout Ratio
Announced
13 Nov 2024

Dividend Per Share Trend

2021
Rs 0.00
2022
Rs 0.00
2023
Rs 2.50
2024
Rs 0.00
2025
Rs 0.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
13 Nov 2024Rights58%22 Nov 2024 – 29 Nov 2024

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

FRSM's market capitalisation stands at Rs 1.63B as of 17 Sep 2026 down 22.2% over the past 12 months (from Rs 2.09B).

Financial Statements

How FRSM's income and balance sheet have evolved

PKR MillionsJun-26Mar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Trend
Net Sales / Revenue2,892.293,4551,5283,9902,5681,7923,6173,219
Cost of Sales2,790.673,0361,3733,4312,1022,0293,3503,325
Gross Profit101.62419155559466-237266-106
Administrative Expenses58.0954534958555760
Operating Profit31.0230894508399-333195-183
EBITDA351137562440-290237-139
Other Income13.582913559191552
Financial Charges184.8316479198172276155349
Profit Before Tax-117.3130595359339-57858-804
Taxation110.6236221275915649371
Profit After Tax-6.69-5774387280-4219-433
EPS - Basic (Rs)Rs -0.17Rs -1.43Rs 1.87Rs 10.22Rs 7.08Rs -10.65Rs 0.34Rs -14.82

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 margin-1.6%
Gross profit margin12.1%
EBITDA margin10.2%
EBIT margin8.9%

Net profit margin

Net profit ÷ revenue · %

0.0%2.7%5.5%8.2%10.9%-13.5%Sep-24Dec-24Mar-25Jun-25Sep-254.8%Dec-25-1.6%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Mar-26

RatioValue
Current ratio0.78
Quick ratio0.06
Cash ratio0.02
Asset turnover0.31x
Effective tax rate118.7%

Current ratio

Current assets ÷ current liabilities

0.000.200.390.590.780.67Dec-24Jun-25Sep-250.64Dec-250.78Mar-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 1.63B

Rs 2.36BRs 1.66BRs 962.65MRs 265.56MSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 1.63B

Valuation & Capital Returns

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

Latest · Dec-25

RatioValue
Price to earnings28.88x
Price to book0.94x
EV / EBITDA43.81x
Price to sales1.40x

Price to earnings

Period-end price ÷ EPS · times

0.00x34.10x68.19x102.29x136.38x136.38xDec-24Jun-255.36xSep-2528.88xDec-25Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 41.20) is below the 30-day SMA (Rs 42.09). RSI at 44 sits in the neutral band.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 41.20-3.96%Above
SMA 30Rs 42.09-1.90%Above
SMA 60Rs 44.34+3.34%Below
SMA 200Rs 47.45+10.62%Below
44Neutral
0 · Oversold305070100 · Overbought

At 44, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD-0.69
  • Signal-0.77
  • Histogram+0.08
R2Resistance 2
Rs 48.40
12.8%
R1Resistance 1
Rs 44.77
4.4%
NOWCurrent
Rs 42.90
S1Support 1
Rs 38.75
-9.7%
S2Support 2
Rs 36.36
-15.3%

Leverage Insights

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

Not MTS-eligible
Rs 358.21K
0.00% MoMMargin financing
Rs 358.21K
0.00% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for FRSM 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 %95.58%Most recent print
Average · 3M87.71%Mean over window
Change · 3M+1.19%First → last
Range · 3M16.1–100.0%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 · 35.0%Non-float · 65.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 395.11M
Total Shares39.51M
13.83M
35.0%
Year EndSep
Enterprise Value

About the Company

Business description, governance, and corporate information

Faran Sugar Mills Limited was incorporated in Pakistan on November 03, 1981 as a public limited company under the Companies Act, 1913 (repealed with the enactment of the Companies Ordinance, 1984 and, subsequently, by the Companies Act, 2017). The principal business of the Company is the production and sale of white crystalline sugar.

Shariah CompliantSugar & Allied Industries

Corporate Information

  • RegistrarM/s. C & K Management Associates (Pvt) Limited, M 13, Progressive Plaza, Civil Lines Quarter, Near P.I.D.C, Beaumont Road, Karachi
  • AuditorRahman Sarfaraz Rahim Iqbal Rafiq Chartered Accountants.
  • Websitewww.faran.com.pk
  • Address43-1-E (B), P.E.C.H.S. Block 6, off Razi Road, Karachi
  • SectorSugar & Allied Industries
  • Financial Year EndSeptember

Key People

NameRole
AAAhmed Ali Muhammad Amin Bawany
CEO
MOMuhammad Omar Amin Bawany
Chairperson
MAMuhammad Ayub
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Peers in Sugar & Allied Industries

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

FRSM vs Sugar & Allied Industries sector median

Median across 28 sector constituents · nulls excluded per metric

MetricFRSMSector median
5.9x9.1x
0.0%0.2%
14.2%4.6%
1-Year Return-22.2%+0.7%
Rs 1.63BRs 1.85B

Frequently Asked Questions

The most common questions investors ask about FRSM

FRSM is trading at Rs 42.90, up 4.25% on the day, within a 52-week range of Rs 34.22–63.20, from the 15-minute snapshot taken at 15:47 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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