Rahul Hans

Rahul Hans
Hide filters Show filters
Latest articles from Rahul Hans

Pakistan Fertilizer: 4QCY21 result preview

IMS Fertilizer Universe is expected to post cumulative net profits of PKR21.4bn in 4QCY21 up 4% yoy. Engro Fertilizer (EFERT) is expected to post 4Q net profit of PKR4.71bn (EPS: PKR3.53), down 29% yoy. Despite yoy decline in DAP/Urea offtake by 18%/...
Intermarket Securities Rahul
Rahul Hans @ Intermarket Securities 17 January 2022

Pakistan’s top performing company of 2021

We highlighted Systems Limited and Meezan Bank in May 2021 as two of our 5 long-term picks in Pakistan. Our other long-term top picks in Pakistan include Lucky Cement, ICI and Thal. The suite of services include digitisation, e-commerce, website mana...
Tellimer Research Rohit
Rohit Kumar @ Tellimer Research 4 January 2022
Pakistan’s top performing company of 2021
Pakistan’s top performing company of 2021

Pakistan Mini Budget – inflationary but should help contain twin deficits

After a few delays, the government finally presented the Mini Budget in the Parliament, the approval of which will fulfill one of the two IMF pre-conditions for resumption of the EFF Program (the other condition being amendments in the SBP Act for gr...
Intermarket Securities Saad
Saad Ali @ Intermarket Securities 31 December 2021

November 2021: Urea inventory plunged to 32mth low

According to the monthly data of fertilizer offtake by NFDC, Urea offtake in November 2021 increased by 8% yoy and 12% mom to c.574,000 tons. PKR1,730/bag in November 2021. This is the first time in the past 32 months that Urea inventory has dropped ...
Intermarket Securities Rahul
Rahul Hans @ Intermarket Securities 27 December 2021

Pakistan Strategy 2022: Dark Horse

Pakistan enters 2022 at the cusp of resuming the IMF program, which can enable the KSE-100 to stage a strong rebound from near-trough valuations. Higher interest rates will keep the fiscal deficit elevated, undermining stimulus measures and possibly ...
Intermarket Securities IMS Research
IMS Research Team @ Intermarket Securities 21 December 2021

Pakistan Fertilizers: October 2021 sales volume update

According to monthly data of fertilizer offtake released by NFDC, Urea offtake in October 2021 increased by 24% yoy and 5% mom to c.514,000 tons. The mom increase in inventory level is due to higher production than last month. DAP offtake increased b...
Intermarket Securities Rahul
Rahul Hans @ Intermarket Securities 24 November 2021

Filter by tags

Rahul Hans
Asia
Pakistan
Equity
Materials
EFERT
Fauji Fertilizer Company Ltd
FFBL
Engro Fertilizers
FFC
Fauji Fertilizer Bin Qasim Ltd
FATIMA
Fauji Foods
FFL