Fatima Group

What Fatima Group does

Fatima Group is a privately held Pakistani diversified industrial conglomerate headquartered in Lahore, founded in 1936 and operated across more than 10 industries with approximately 6,500 employees. Its core operations span three fertilizer plants producing urea, CAN, NP, and DAP under the Sarsabz and Bubber Sher brands with combined annual capacity exceeding 2.7 million metric tons, alongside sugar manufacturing at 20,000 MT/day crushing capacity, textile operations with 371,196 spindles and 700 air-jet looms, cement development, energy generation (108 MW), and mining exploration through Globacore Minerals across ~1,731 sq.km in Balochistan.

The group generates revenue primarily through one-time sales of physical commodities (fertilizers, sugar, textiles, specialty chemicals, packaging) via dealer networks, direct enterprise sales, and international export channels operated through Reliance Commodities. It holds dominant market shares in Pakistani specialty chemicals (45%+ Liquid CO2, 80% nitric acid, 70% ammonia, and 32% ammonium nitrate crystal as sole producer). Beyond industrial operations, Fatima operates a 500-bed nonprofit hospital (Mukhtar A. Sheikh Hospital), the FasalPay agri-fintech platform with closed-loop lending, Buraq Bank (Islamic digital bank with In-Principle Approval from SBP), the Osol AI/analytics subsidiary, the HERbeauty skincare brand, and Fatima Gobi Ventures (Pakistan's most active VC firm with 17+ portfolio companies). Pricing is primarily quote-based; the group reports $1.5B annual revenue and a $1.8B asset base. Customer segments are diversified across 2.8 million farmers, enterprise industrial buyers (Coca-Cola, Pepsi-Cola, BIAFO, Medigas), hospital patients, and export markets.

Name

Fatima Group

Legal name

Fatima Group

Website

https://fatima-group.com

Company type

Private

Founded year

1936

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Fatima Group is a privately held Pakistani industrial conglomerate founded in 1936, operating across fertilizers, sugar, textiles, cement, energy, mining, healthcare, fintech, and venture capital with $1.5B annual revenue, serving farmers, industrial buyers, and consumers.

Ownership category

akta.pro rank

Product category

Industrial Conglomerate

akta.pro primary industry

Farmer Cooperatives & Co-op Retail (AFABAJAB)

Keywords

• Fertilizer manufacturing
• Sugar production
• Textile manufacturing
• Cement manufacturing
• Specialty chemicals

Headquarters

HQ city

Lahore

HQ country

Pakistan

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Fertilizer Manufacturing and Sales: Fatima Group operates three fertilizer manufacturing plants (Fatima Fertilizer Sadiqabad, Fatimafert Sheikhupura, Pakarab Fertilizers) producing urea, CAN, NP, and DAP fertilizers under the Sarsabz and Bubber Sher brands. Combined annual production capacity: ~1,045,000 MT urea, ~920,000 MT CAN, ~820,000 MT NP, ~1,145,000 MT ammonia, ~955,400 MT nitric acid. Revenue is generated through direct sales to farmers via dealer networks and agricultural cooperatives across Pakistan. The Group also imports and sells DAP fertilizer through Reliance Commodities.
2. Sugar Manufacturing: Fatima Sugar Mills (20,000 MT/day crushing capacity) produces White Refined Sugar (135,600 MT in 2024-25 season) and molasses (59,555 MT in 2024-25 season) from sugarcane. Sugar is sold to domestic food/beverage manufacturers and exported to international markets. Molasses is sold to distilleries and food industries.
3. Textile Manufacturing: Fazal Cloth Mills and Reliance Weaving Mills produce yarn and greige fabrics for apparel and home textiles. Combined spinning capacity: 371,196 spindles producing 167,443,922 tons/year. Weaving capacity: 700 air-jet looms producing 201,395,296 meters/year. Products are sold to export markets and domestic textile manufacturers.
4. Industrial and Specialty Chemicals: By-products and intermediary products of fertilizer manufacturing are sold commercially: Liquid CO2 (largest producer in Pakistan, 192 MT/day capacity, 45%+ market share), Nitric Acid (8,000 MTPA, 80% market share), Anhydrous Ammonia (70% market share), and Ammonium Nitrate Crystal (sole producer in Pakistan, 2,000 MT/year, 32% market share).
5. Energy and Power: Fatima Energy operates 108 MW steam turbines with 88% availability factor. Fatima Transmission operates a 132 kW double circuit transmission line spanning 37 km. Bagasse-based power generation leverages sugar mill waste for local fuel substitution.
6. Healthcare Services: Mukhtar A. Sheikh Memorial Welfare Hospital (MASH) — a 500-bed multispecialty, nonprofit welfare hospital in Multan — provides healthcare services. Registered as NPO under section 2(36) of the Income Tax Ordinance 2001. Revenue supports hospital operations and community health programs.
7. Digital and Financial Services: Buraq Bank (Islamic digital bank with In-Principle Approval from State Bank of Pakistan) targets financial inclusion. FasalPay agri-fintech generates revenue through lending facilitation and value chain coordination. Fatima Gobi Ventures invests in startups (Abhi, Tajir, Safepay, Qist Bazaar, etc.) for equity returns.
8. Mining and Upstream: Globacore Minerals (part of Pakistan Corporate Consortium) focuses on exploration and development of copper, gold, and critical minerals (antimony, lead, zinc, rare earth elements) in the Chagai Belt, Washuk, and KPK Province. Revenue model is long-term capital-intensive exploration targeting eventual production and offtake agreements.
9. Cement Manufacturing: Fatima Cement is developing integrated cement production from limestone and clay reserves across KPK and Punjab, targeting domestic construction sector. Revenue from cement sales upon production commencement.
10. Packaging Materials: Fatima Packaging (joint venture with Arif Habib Group) produces woven polypropylene bags (120 million/year) and polyethylene liner bags (57 million/year), supplying export-quality packaging to diverse sectors globally.

Go-to-market motion3 records

Distribution channels9 records

Marketing channels10 records

Core offering

Fatima Group is a diversified Pakistani industrial conglomerate that manufactures and sells fertilizers (urea, CAN, NP, DAP) under the Sarsabz and Bubber Sher brands, white refined sugar and molasses from cane crushing, yarn and greige fabrics from spinning and weaving operations, woven polypropylene packaging bags, specialty chemicals (Liquid CO2, nitric acid, ammonia, ammonium nitrate crystal), and cement under development. The group also operates across power generation, mining exploration, healthcare services through a 500-bed welfare hospital, Islamic digital banking, agri-fintech lending, venture capital, and consumer skincare.

Product overview

Fatima Group is Pakistan's leading diversified conglomerate since 1936 with $1.5B annual revenue and 6,500 employees across 10+ industries. The group operates a multi-brand fertilizer portfolio consisting of Fatima Fertilizer Company Limited (producing Sarsabz brand fertilizers), its wholly-owned subsidiary Fatimafert Limited (producing Bubber Sher brand fertilizers), and Pakarab Fertilizers Limited. Beyond fertilizers, the portfolio spans sugar manufacturing (Fatima Sugar Mills), textiles (Fazal Cloth Mills, Reliance Weaving Mills), trading (Reliance Commodities), packaging (Fatima Packaging Limited), energy/power (Fatima Energy, Fatima Transmission), cement (Fatima Cement Limited), and metals/mining (Globacore Minerals). The group has expanded into digital and financial services including Osol AI/technology services, FasalPay agri-fintech, Buraq Bank digital banking, and Fatima Gobi Ventures venture capital. Healthcare offerings include Mukhtar A. Sheikh Memorial Welfare Hospital and HERbeauty skincare brand. The fertilizer business also produces specialty chemical byproducts (Liquid CO2, Nitric Acid, Anhydrous Ammonia, Ammonium Nitrate Crystal).

Differentiator

Problem solved

Functional benefit

Brands

• Sarsabz: Fertilizer brand under Fatima Fertilizer Company Limited producing nitrogen and phosphate based fertilizers including Sarsabz NP, Sarsabz CAN, Sarsabz Urea, and Sarsabz DAP
• Bubber Sher
• Mukhtar A. Sheikh Hospital (MASH)
• HERbeauty
• FasalPay
• Osol
• Buraq Bank
• Fatima Gobi Ventures
• Globacore

Products and services

• Sarsabz Fertilizers Balanced nutrient fertilizers under the Sarsabz brand — including Sarsabz Urea, Sarsabz CAN (Calcium Ammonium Nitrate), Sarsabz NP (Nitrophos), and Sarsabz DAP — formulated for Pakistani soils including saline conditions. Combined annual capacity approximately 1,045,000 MT urea, 920,000 MT CAN, and 820,000 MT NP across three plants. Sold to farmers and agricultural dealers nationwide.
• Bubber Sher Urea and DAP Premium quality Urea and DAP fertilizer brand manufactured at FatimaFert Sheikhupura plant, one of Pakistan's oldest and most trusted fertilizer brands, marketed extensively across the country.
• Fatima Sugar Mills — White Refined Sugar and Molasses Sugar manufacturing facility established in 1989 with crushing capacity of 20,000 MT/day. Produced 135,600 MT of white refined sugar and 59,555 MT of molasses in the 2024-25 season. Sugar is sold to domestic food/beverage manufacturers and exported internationally; molasses is sold to distilleries and food industries.
• Fazal Cloth Mills & Reliance Weaving Mills — Yarn and Greige Fabrics Spinning and weaving operations with combined 371,196 spindles producing 167,443,922 tons/year and 700 air-jet looms producing 201,395,296 meters/year. Products include yarn and greige fabrics for apparel and home textiles, sold to export markets and domestic textile manufacturers.
• Fatima Packaging — Woven Polypropylene and Polyethylene Liner Bags Manufactures woven polypropylene bags (120 million/year capacity) and polyethylene liner bags (57 million/year capacity) using Starlinger Austria technology, supplying export-quality packaging to food, cement, chemical, and agricultural sectors globally.
• Specialty Chemicals — Liquid CO2, Nitric Acid, Ammonia, Ammonium Nitrate Crystal Industrial and specialty chemicals produced as by-products of fertilizer manufacturing: Liquid CO2 (largest producer in Pakistan with 192 MT/day capacity and 45%+ market share), Nitric Acid (8,000 MTPA, 80% market share), Anhydrous Ammonia (99.90% purity, 70% market share), and Ammonium Nitrate Crystal (sole producer in Pakistan, 2,000 MT/year, 32% market share). Sold to food/beverage, mining, medical, and industrial customers.
• Fatima Energy — Power Generation and Transmission Power generation via 108 MW steam turbines with 88% availability factor and 132 kW double circuit transmission line spanning 37 km; bagasse-based power generation leverages sugar mill waste for local fuel substitution.
• Fatima Cement — Ordinary Portland Cement Ordinary Portland Cement (OPC) production from limestone and clay reserves in KPK and Punjab, with mining leases in Dera Ismail Khan, Mianwali, and Attock and Special Economic Zone approvals. Targets construction companies and infrastructure developers.
• Globacore Minerals — Mining and Exploration Mining and exploration company targeting gold, copper, antimony, lead, zinc, and rare earth elements. Active in Chagai Belt (~355 sq.km exploration lease in Koh-i-Sultan, ~242 sq.km principle approval, ~964 sq.km JV with Mari Minerals) and Washuk area (~1,170 sq.km for antimony).
• Mukhtar A. Sheikh Hospital (MASH) — Healthcare Services 500-bed multispecialty welfare hospital in Multan with ISO 15189 certified laboratory and ISO 9001:2015 certified pharmacy and radiology; 161+ qualified doctors, 136,000+ welfare patients served, 200+ cardiac surgeries, 100+ cochlear implants. Offers surgery, cardiology, neurosurgery, liver transplant, and mental health services. MASH Medical Center in Multan Cantt and Spring Psychiatry Clinic extend reach.
• FasalPay — Agri-Fintech Lending Platform Agri-fintech platform connecting farmers and retailers with banks and agri-businesses, providing crop production loans in the form of agri-inputs and services with free expert advisory support through the Closed Loop Lending Assistance Program (CLAP). Offers 2-5% lower markup than commercial bank rates.
• Buraq Bank — Islamic Digital Banking Islamic digital bank with In-Principle Approval from State Bank of Pakistan. Targets financial inclusion through Shariah-compliant digital banking ecosystem with account opening in minutes, instant transfers, and digital banking services accessible via mobile app.
• Fatima Gobi Ventures — Venture Capital Platform Venture capital platform (joint venture with Gobi Partners) investing in Pakistani technology startups across fintech (Abhi, Safepay, Qist Bazaar, AdalFi, Lean Technologies), edtech (Maqsad), e-commerce (PriceOye, DealCart), agritech (Tazah), and logistics (Rider, Truck It In). Portfolio includes 17+ startups; equity returns model.
• HERbeauty — Skincare Products Clean, inclusive skincare brand launched in 2020. Vegan, cruelty-free, clinically tested formulas made with proven actives celebrating every skin tone, type, and texture. Supports the HERvoice mental health initiative. Founder Meraj Fatima drives brand narrative. Distributed via Instagram and e-commerce.
• Osol — AI and Analytics Services AI and analytics solutions provider offering consultancy and scalable technology services for manufacturing, supply chain, textile, sugar, fertilizer, packaging, retail, beauty, trading, healthcare, energy, and education sectors. Supports digital transformation for organizations across Pakistan.
• Reliance Commodities — International Trading Trading company (import/export) dealing in molasses, raw and refined sugar, fertilizer (DAP imports 22,750 MT in 2024-25), and food products. Operates storage tanks (32,200 MT ethanol, 23,600 MT molasses capacity) at Keamari Port Trust, Karachi.

Quantifiable outcome

• 60,220,000 safe man-hours without LTI — Guinness World Record, first in fertilizer industry globally
• +11 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature6 records

Partnerships

14 partnerships are on record, tiered flagship and core.

• Multan Sultans (PSL Cricket Franchise)flagshipGTM or Marketing Partner · 1 January 2026Fatima Fertilizer Company joined the Multan Sultans family as official partner for PSL 2026. The partnership drives massive brand visibility across Pakistan's cricket-loving population, hosts farmer meet-and-greet events, and enabled the first AI-powered campaign by a Pakistani fertilizer brand. Deep sports marketing integration spanning digital content, fan engagement, and brand activations.
• UNDP (United Nations Development Programme)flagshipStrategic or Co-development Partner · 1 January 2025Fatima Fertilizer is Pakistan's first private-sector company to formally adopt the UNDP SDG Impact Framework. The partnership was built through the UNDP Business Call to Action (Impact Lab). Fatima maps 15 SDGs and 49 targets across its operations. The Salam Kissan-UNDP campaign won The Drum Awards 2025 for Sustainability & Climate Action. Joint sustainability reporting using UNDP IRIS+ metrics.
• The Drum AwardscoreGTM or Marketing Partner · 1 January 2025Fatima Fertilizer won four awards at The Drum Awards 2025 in London, UK, including Sustainability & Climate Action (Leading Sustainable Change for Pakistan with UNDP) and User-Generated Content for Social Change (Salam Kissan campaign). The Drum Awards is a global stage recognizing excellence and effectiveness in marketing.
• Arif Habib Group (Joint Ventures)coreStrategic or Co-development Partner · 1 January 2025Fatima Group and Arif Habib Group operate several joint ventures: Fatima Fertilizer Company Limited (flagship JV established 2003), Fatima Packaging Limited (joint venture producing polypropylene bags), and the consortium that acquired Pakarab Fertilizers (2005). Arif Habib serves as Chairman of Fatima Fertilizer Company Limited. Arif Habib is also Chairman of Power Cement, Aisha Steel Mills, and numerous other companies.
• Harvard ManageMentor, Stanford, Betterup (Learning Partners)coreTechnology or Integration · 1 January 2025Fatima Group partners with world-class international learning partners including Harvard ManageMentor, Stanford, and Betterup for leadership development programs. Programs include Lead from the Front, Building Future Leaders, Management Development Transformation Program. The Group's Business Academy graduates 100+ leaders annually. Learning partners also include Business Simulation, Engage Consulting, Schuitema, LinkedIn Learning, and LUMS.
• Pakistan Corporate Consortium (Globacore Minerals)coreStrategic or Co-development Partner · 1 January 2025Globacore Minerals Limited is owned by the Pakistan Corporate Consortium, comprising Fatima Group, Arif Habib Group, Lake City, Hilton Pharma, Soorty Group, and DIN Group. The consortium is at the forefront of Pakistan's large-scale mining sector, targeting copper, gold, and critical minerals in the Chagai Belt. Exploration leases cover ~355 sq.km in Koh-i-Sultan, ~242 sq.km in Chagai Belt, and ~1,170 sq.km for antimony in Washuk. A JV with Mari Minerals covers ~964 sq.km across two license areas.
• Mukhtar A. Sheikh Foundation / TrustcoreOthers · 1 January 2025Mukhtar A. Sheikh Foundation channels Fatima Group's CSR efforts for healthcare and education. The Mukhtar A. Sheikh Trust operates the 500-bed Mukhtar A. Sheikh Memorial Welfare Hospital (MASH) in Multan, registered as a nonprofit organization. The trust also funds community development and skill-building initiatives. Fatima Welfare Fund Trust serves the Sadiqabad/Rahim Yar Khan community with hospital, dispensary, and dialysis center.
• Mari Minerals (Joint Venture for Globacore)coreStrategic or Co-development Partner · 1 January 2025Globacore Minerals formed a strategic joint venture with Mari Minerals covering over ~964 sq.km across two license areas in the Chagai Magmatic Belt. The JV is focused on large-scale exploration and development of copper, gold, and critical mineral resources. Exploration in the area has already progressed to the drilling stage.
• WWF Pakistan (Green Office Certification)coreStrategic or Co-development Partner · 1 January 2025Fatima Group fertilizer manufacturing sites (FFL Sadiqabad, FFT Sheikhupura, PFL) maintain WWF Green Office Certification across plant site office buildings, reflecting commitment to sustainable workplace practices, resource efficiency, and environmental stewardship. FFT Admin Building achieved 91.5% score in WWF Green Office Audit 2024.
• British Safety CouncilcoreStrategic or Co-development Partner · 1 January 2025Fatima Fertilizer Company Limited, Fatimafert Ltd., and Pakarab Fertilizers have maintained sustained excellence in safety, achieving multiple International Safety Awards and 'Best in Country' recognition from the British Safety Council. FFL achieved Distinction at International Safety Awards 2026. Fatimafert has also been honored with International Safety Awards by the British Safety Council (UK).
• Alliance for Water Stewardship (AWS)coreStrategic or Co-development Partner · 1 January 2025FFL Sadiqabad is the first fertilizer manufacturing site in Pakistan to achieve AWS Certification, continuously maintaining this distinction through consistent compliance and successful annual audits. The AWS Standard is a globally recognized framework for sustainable water management. FFL maintains this certification through annual audits, demonstrating responsible stewardship of shared water resources.
• International Fertilizer Association (IFA)coreOthers · 1 January 2025Fatima Group's fertilizer plants maintain IFA Certification (since 2015), IFA Protect & Sustain certification (covering 90% of ISO 9001, 14001, 45001, OHSAS 18001, and Responsible Care requirements), and IFA Industry Stewardship Champions label. CCPSC Process Safety Professional Certification was achieved, with Fatima Fertilizer recognized as World Class in CCPS's PSM Maturity Assessment.
• DuPont Sustainable Solutions (dss+)coreTechnology or Integration · 1 January 2025Fatima Fertilizer has demonstrated sustained excellence in DuPont Sustainable Solutions (dss+) PSM Health Assessment. The Group follows DuPont's Model of Process Safety Management (PSM) designed to comply with US OSHA PSM (29 CFR 1910.119) requirements at Fatimafert and Pakarab Fertilizers. This framework governs safety management across all three fertilizer plants.
• State Bank of Pakistan (Buraq Bank Approval)coreOthers · 1 January 2025Buraq Bank has received In-Principle Approval (IPA) from the State Bank of Pakistan to operate as an Islamic digital bank. The bank is positioned to drive financial inclusion in Pakistan through Shariah-compliant digital banking solutions. Fatima Group (through Ali Mukhtar) founded and sponsors Buraq Digital Bank as one of Pakistan's five newly licensed digital banks.

Scale indicators27 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Nishat Mills: One of Pakistan's largest vertically integrated textile manufacturers (spinning, weaving, processing, home textiles) competing for the same export and domestic apparel customers as Fazal Cloth Mills and Reliance Weaving Mills. Closest textile peer.
• JDW Sugar Mills: Pakistan's largest sugar producer with integrated ethanol/distillery operations, comparable to Fatima Sugar Mills on crushing capacity, molasses output, and bagasse/energy integration. Direct peer for the sugar segment EBITDA and policy exposure.
• ICI Pakistan: ICI Pakistan (associated with Yara) operates in fertilizers, chemicals, and associated specialty products within Pakistan — overlapping with Fatima's fertilizer, soda ash, and industrial-chemical offerings. Direct cross-segment peer.
• Lucky Cement: Pakistan's largest and most-efficient cement producer with integrated limestone mining, providing the closest benchmark for Fatima Cement's planned capacity, mining economics, and domestic construction-sector pricing dynamics.
• Fauji Fertilizer Company: Fauji is the largest urea/NP producer in Pakistan with adjacent fertilizer and food businesses; competes head-on with Fatima Fertilizer, Fatimafert, and Pakarab for the same farmer/dealer base and government gas allocation. Most direct fertilizer-only comparable.
• Engro Corporation: Engro is Pakistan's largest listed conglomerate (LNG/petchem, fertilizer via Engro Fertilizers, foods, energy), with similar diversified-Pakistan-conglomerate model and direct overlap in urea/NP fertilizer manufacturing. Closest single comparable for Fatima's portfolio breadth and Pakistan-listed valuation benchmarks.
• Meezan Bank: Pakistan's largest Islamic bank and the established Shariah-compliant franchise; the most direct comparable for Buraq Digital Bank's target market (Islamic retail/SME banking, digital onboarding, Shariah-governance structure).

Broad incumbents

• Yara International: Global leader in nitrogen-based fertilizers and specialty crop nutrition; not a direct Pakistan competitor but the international reference point for global nitrogen pricing, ESG benchmarks, and specialty-product margins relevant to Fatima's CAN/NP trajectory.
• Nutrien: World's largest fertilizer producer with integrated retail (agronomy/digital platforms including Loop) — closest global proxy for Fatima's strategy of combining fertilizer manufacturing with farmer-facing digital/advisory services (Sarsabz/FasalPay).
• CF Industries: Major North American producer of nitrogen fertilizers (ammonia, urea, UAN) — provides a global fertilizer pricing and capital-allocation benchmark relevant to Fatima Fertilizer's commodity-cycle exposure and investment pace.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fatima-group

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fatima Group