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^The historical stock prices have been adjusted to reflect stock splits to ensure comparability over time.
Company Profile
Biafo Industries Limited was incorporated in Pakistan on 07 September 1988 as a public limited company under the Companies Ordinance, 1984 (now the Companies Act, 2017). The Company started its commercial production on 01 July 1994 and is principally engaged in the manufacturing of commercial explosives and blasting accessories including detonators and other materials. The Company's license for manufacturing and sale of explosives is required to be renewed annually.
| Anwar Moin | CEO |
| Ehsan Mani | Chairman |
| Rehan Ashraf | Company Secretary |
1 st Floor, Biafo House Plot No 23, St No 38-40 I&T Centre, G-10/4, Islamabad, Pakistan
F.D. Registrar Services (Pvt.) Limited, 17th Floor, Saima Trade Tower-A, I.I. Chundrigar Road, Karachi
M/s Yousuf Adil Chartered Accountants.
June
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Apr 23, 2026 | Financial Results for the quarter ended 31 March 2026 | View PDF |
| Feb 24, 2026 | Transmission of Quarterly Report for the Period Ended 31 December 2025 | View PDF |
| Feb 17, 2026 | Financial Results for the Quarter Ended 31 December 2025 | View PDF |
| Oct 28, 2025 | Transmission of Quarterly Report for the Period Ended 30 September 2025 | View PDF |
| Oct 22, 2025 | Financial Results for the Quarter ended 30 September 2025 | View PDF |
| Date | Title | Document |
|---|---|---|
| Apr 16, 2026 | Meeting of the Board of Directors | View PDF |
| Feb 10, 2026 | Meeting of Board of Directors | View PDF |
| Oct 27, 2025 | Declaration of Board Meeting - Appointment of Chairman | View PDF |
| Oct 23, 2025 | Emergent Board Meeting | View |
| Oct 23, 2025 | Certified Copy of Resolutions Adopted in Annual General Meeting of the Company | View PDF |
| Date | Title | Document |
|---|---|---|
| Apr 17, 2026 | Appointment of Acting Chief Financial Officer | View |
| Apr 2, 2026 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | View |
| Mar 26, 2026 | Resignation of Chief Financial Officer | View PDF |
| Mar 11, 2026 | Credit of Interim Cash Dividend | View |
| Nov 18, 2025 | Presentation of Corporate Briefing Session 2025 | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Sales | 2,902,086 | 2,405,082 | 2,713,098 | 1,668,100 |
| Profit after Taxation | 389,490 | 295,027 | 607,679 | 247,729 |
| EPS | 8.40 | 6.36 | 13.10 | 5.34 |
| Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | |
|---|---|---|---|---|
| Sales | 697,556 | 1,117,653 | 973,127 | 573,907 |
| Profit after Taxation | 88,565 | 154,397 | 148,547 | 33,457 |
| EPS | 1.91 | 3.33 | 3.20 | 0.72 |

Ratios
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Gross Profit Margin (%) | 35.73 | 42.22 | 43.64 | 34.89 |
| Net Profit Margin (%) | 13.42 | 12.27 | 22.40 | 14.85 |
| EPS Growth (%) | 32.08 | (51.45) | 145.32 | (2.55) |
| PEG | 0.65 | (0.31) | 0.03 | (4.91) |










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