Company Profile
Mission
Faran Sugar Mills Limited will thrive as a proactive partner in prosperity of the nation,recognized as a center for state-of-the-art industrial facilities. Above all, Faran Sugar Mills will strive to be a model business entity where all primary stakeholders are intricately woven in progressive pattern, imperative for the economic growth of the nation.Vision
Faran Sugar Mills Limited strives to fulfill its commitments to the society. Our strategic business vision, sound business principles are aimed at quality production with maximum operating efficiency that eventually contribute towards national economy and social well-being of all the stakeholders. Pride in our heritage and a strong sense of community is reinforced by proactive planning and enhanced by effective management.
We are committed to excellence in all spheres of performance
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GOVERNANCE
Core Values
Innovation
We believe in relentless commitment to continuous improvement and encourage ideas from all stakeholders. For this, we define quality, as understanding the customers expectation.
Excellence
We are committed to excellence in all spheres of performance and have firm belief that our core values emerges from satisfying our customers needs of quality management.
Employees’ Growth & Development
Our philosophy is to create a congenial working environment where dignity and value of the personnel is considered as top responsibility. We focus on encouraging and empowering employees to contribute to the company’s success.
Investor Relations
Al-Hamdulillah, Faran Sugar is ranked amongst top Six sugar mills operating in the province of Sindh in terms of production. The diversified portfolio of our customers includes the manufacture of cereals, confectionery, syrups, drinks, ice creams, biscuits and so on. Having one of the most efficient sugarcane processing facilities, Faran sugar is well placed to develop its capabilities in the years ahead. We strive to take market leading position through anticipating all the important factors that affect our business verticals. We are committed towards achieving the highest standards of quality and environmental care.
- 1981Incorporation of the company
- 1983Commencement of commercial production at Mill 1 with 2,000 TCD
- 1984Listed with Karachi & Lahore stock exchange
- 1988Crushing capacity enhanced to 2,700 TCD
- 1990Further enhancement to 3,700 TCD
- 1994Second line started and capacity enhanced to 6,500 TCD
- 2004De-Bottle Necking at Mill I & II to increase capacity to 7,500 TCD.
Investment in Unicol Limited, a distillery unit with Joint venture of two other sugar millers - 2008Successfully Deployed Enterprise Resource (ERP)
- 2012Completed Modernization and Expansion of plant initiated in 2011 enhancing crushing capacity to 9,000 TCD.
- 2015Record breaking recovery rate 11.137%
Highest ever profit Rs.309 million
Highest dividend announced Rs.6.75 / share - 2016Highest ever Turnover of Rs. 6.9 Billion
Highest ever Profitability of Rs. 482.6 Million
Highest ever EPS of Rs. 19.30 per share - 2017Achieved Highest Crushing of 993,309 M.Ton
Highest ever production of 106,318 M. Tons - 2018Achieved Highest Export Sale of Sugar 89,761 M.Tons
- 2019Assigned ‘A- / A-2’ (A minus / A – Two) Credit Rating by JCR
Awarded HALAL Certificate by SANHA
Halal Associates Pakistan Pvt Limited.
Industry
World Sugar’s production is around 180 million tons. The world’s largest sugar producer by far is Brazil followed by India. Pakistan is the 8th largest country in the world in terms of sugar production and world’s 5th largest producer of sugarcane. Sugarcane is the primary raw material for the production of sugar. Among the provinces, Punjab accounts for 65 percent of sugarcane area, Sindh 25 percent, and Khyber Pakhtunkhwa 10 percent.
The sugar industry in Pakistan is the 2nd largest agro based industry comprising 89 sugar mills with annual crushing capacity of over 65-70 million tones. Sugarcane farming and sugar manufacturing contribute significantly to the national exchequer in the form of various taxes and levies. Sugar manufacturing and its by-products have contributed significantly towards the foreign exchange resources through import substitution.
- 40 Years Activity
- 10500 TCD Crushing Capacity
- 63691 Production Quantity
- 601718 Tons Cane crushed in season
Production
To develop into a well equipped scientifically managed Modern Research Farm.
“To maximize production, Intensive Cultivation focusing on field economics; reducing the input cost of the crop in comparison with other crops grown in the area. We further lay analysis on modern technological advancement in order to minimize the cost of labour and efficient working.”
Contact Us
| Head Office: | |
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| Address: | 43-1-E(B) Block 6, P.E.C.H.S., off Razi Road, Shahrah-e-Faisal, Karachi. |
| Phone: | 111-229-269 +92 21 34322851-54 |
| Fax: | +92 21 34322864 |
| Email: | violin@cyber.net.pk info@faran.com.pk |
| For Feedback / Complaints: | |
| For any Feedback / Complaints, kindly download below form & Email it to feedback@faran.com.pk Download |
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| Mills: | |
|---|---|
| Address: | Tando Ebrahim Bawany, Shaikh Bhirkio, District Tando Muhammad Khan, Sindh |
| Phone: | 022-3035943-44 |
| Cell: | 0333-7456017 |
| Fax: | Not Available |
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CONTACT PERSON: CFO / COO / FM
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