Mirpurkhas Sugar Mills

Name

Mirpurkhas Sugar Mills

Legal name

Mirpurkhas Sugar Mills Limited

Website

https://gfg.com.pk

Company type

Public

Founded year

1964

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Sugar Manufacturing

NAICS

Cane Sugar Manufacturing (311314), Sugar Manufacturing (31131)

SIC

Sugar & Confectionery Products (2060), Paperboard Mills (2631)

akta.pro primary industry

Cane Sugar (Raw & Refined) (AFAJAAAA)

akta.pro secondary industries

Sugar & Sweeteners Trading/Wholesale (AFAIAKAB), Fermentation Substrates & Sugars (Molasses, Glucose Syrups, Lactose, Malt Extract) (AFAJAJAI), Sugarcane Farming (AFAGAEAA)

Keywords

• Refined sugar manufacturing
• Container board production
• Ethanol production
• Sugarcane crushing
• Packaging paper manufacturing

Headquarters

HQ city

Karachi

HQ country

Pakistan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Sugar Manufacturing: Principal activity is manufacturing high quality food grade refined white sugar. Sugar is the primary revenue driver with cane crushing capacity of 12,500 metric tons per day.
2. Paper & Board Manufacturing: The Paper & Board Division produces container board, liner board, fluting paper and kraft paper using recycled waste paper, virgin wood pulp, and non-wood pulp. Production capacity of 250 metric tons per day, making it the largest brown paper producer in the region.
3. Ethanol (via Unicol Joint Venture): Molasses, a by-product of sugar production, is used by Unicol Limited (joint venture) to manufacture ethanol and food-grade Carbon Dioxide. Unicol has annual capacity of 60,000 Metric Tons of ethanol.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Mirpurkhas Sugar Mills manufactures high-quality food-grade refined white sugar with a cane crushing capacity of 12,500 metric tons per day, along with by-products (molasses, bagasse, organic mud) that are fully utilized. The company also produces container board, liner board, fluting paper and kraft paper through its Paper & Board Division (250 MT/day) and participates in ethanol production via the Unicol joint venture (60,000 MT/year).

Product overview

Mirpurkhas Sugar Mills is a diversified agribusiness with two primary business divisions: Sugar Manufacturing (core business producing food grade refined white sugar with 12,500 MT/day cane crushing capacity) and Paper & Board Division (producing container board products with 90,000 MT/year capacity). The company operates as a zero-waste enterprise, utilizing by-products including molasses for ethanol production via joint venture UNICOL, and bagasse for power generation. The product portfolio includes Test Liner, Kraft Liner, White Test Liner, High Performance Fluting, and Fluting Paper for the corrugated packaging industry.

Differentiator

Problem solved

Functional benefit

Products and services

• Refined White Sugar High-quality food-grade refined white sugar manufactured at the Mirpurkhas plant with a cane crushing capacity of 12,500 metric tons per day. Sold to domestic Pakistani food industry, retailers, wholesalers, and exported via Karachi port.
• Paper & Board Division Manufactures container board, liner board, fluting paper and kraft paper using recycled waste paper, virgin wood pulp, and non-wood pulp. Total installed capacity of 90,000 MT per annum, making it the largest brown paper producer in the region. Plant operates at 300–350 meters per minute with a 4,600 mm deckle. Products include Test Liner, Kraft Liner, White Test Liner, High Performance Fluting (HSF), and Fluting Paper for corrugated packaging manufacturers.
• Ethanol (via Unicol Joint Venture) Ethanol produced by Unicol Limited (joint venture with Faran Sugar Mills and Mehran Sugar Mills) using molasses from sugar manufacturing. Designed capacity of 200,000 liters per day and 60,000 metric tons per annum. Exclusively produces high-quality ethanol for international markets along with food-grade Carbon Dioxide. Holds multiple ISO certifications and was recognized among Pakistan's top 100 exporters.

Quantifiable outcome

• Highest sucrose recovery of 11.39% achieved historically with 774,171 MT cane crushing
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Unicol LimitedcoreStrategic or Co-development PartnerUnicol Limited is a joint venture between Mirpurkhas Sugar Mills, Faran Sugar Mills, and Mehran Sugar Mills. Located in Mirpurkhas, Sindh on 210 acres, Unicol has a designed production capacity of 200,000 liters of ethanol per day using molasses (a by-product of sugar production). Unicol exclusively produces high-quality ethanol for international markets along with food-grade Carbon Dioxide. It holds multiple ISO certifications and was recognized among Pakistan's top 100 exporters.
• The Citizens Foundation (TCF)minorOthersMSM partners with trusted institutions including The Citizens Foundation school network, Agha Khan University Hospital, The Kidney Centre, and Shaukat Khanum Memorial Hospital Trust for CSR activities in healthcare and education sectors. MSM continues to work with these quality institutions to serve citizens of Pakistan.
• Agha Khan University HospitalminorOthersHealthcare sector CSR partnership for providing quality medical services to citizens of Pakistan.
• The Kidney CentreminorOthersHealthcare sector CSR partnership for providing quality medical services to citizens of Pakistan.
• Shaukat Khanum Memorial Hospital TrustminorOthersHealthcare sector CSR partnership for providing quality medical services to citizens of Pakistan.
• Ghulam Ishaq Khan InstituteminorOthersEducational sector CSR partnership through which MSM supports quality education initiatives in Pakistan.
• Faran Sugar MillscoreStrategic or Co-development PartnerFaran Sugar Mills is a co-founder/joint venture partner of Unicol Limited alongside Mirpurkhas Sugar Mills and Mehran Sugar Mills for ethanol production.
• Mehran Sugar MillscoreStrategic or Co-development PartnerMehran Sugar Mills is a co-founder/joint venture partner of Unicol Limited alongside Mirpurkhas Sugar Mills and Faran Sugar Mills for ethanol production.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Packages Limited: Pakistan's largest and most diversified packaging company (paper, board, packaging, tissue). Operates as a broad incumbent in container board and packaging paper, the same product categories as MSM's Paper & Board Division, though with a much wider portfolio.
• Tate & Lyle (Sugarcane/Cofco): Global sugar and sweetener incumbent with refining operations across multiple geographies. Comparable as a broader sugar industry incumbent relevant for benchmarking international sugar refining economics, DRCS-style processing, and ethanol co-product economics.

Direct peers

• Shakarganj Limited: Listed Pakistani sugar and beverages company with comparable refined sugar operations. Competes in the same domestic sugar market and shares the same cane sourcing and regulatory environment.
• Mehran Sugar Mills: Pakistani sugar producer and the third Unicol JV partner with MSM. Directly comparable in scale, geography (Sindh), product mix, and exposure to domestic sugar commodity cycles.
• JDW Sugar Mills: Largest sugar producer in Pakistan with significantly higher cane crushing capacity than MSM. Both operate in refined sugar manufacturing, share the same domestic market, and are exposed to identical Pakistani regulatory and commodity dynamics, making JDW the most directly comparable peer.
• Habib Sugar Mills: One of Pakistan's oldest listed sugar manufacturers with a similar diversified profile including refined sugar and ethanol. Comparable in scale, governance profile, and exposure to sugar commodity cycles.
• Faran Sugar Mills: Pakistani sugar mill and co-founder of the Unicol ethanol JV alongside Mirpurkhas Sugar Mills. Operates in identical sugar manufacturing, shares the same molasses-to-ethanol value chain, and competes with MSM for cane sourcing in Sindh.

Regional players

• EID Parry (India): Leading Indian sugar and ethanol manufacturer with vertically integrated operations including cogeneration. Comparable as a regional South Asian peer with sugar, ethanol, and power co-generation, similar to MSM's integrated model.
• Punjab Industrial Packaging: Listed Pakistani producer of industrial packaging including kraft paper and corrugated board. Directly competes with MSM's Paper & Board Division for corrugated box manufacturers and fruit exporters, though primarily Punjab-based rather than Sindh.

Others

• Cherat Packaging Limited: Sister company under the same Ghulam Faruque Group conglomerate as MSM, producing polypropylene bags and flexible packaging. Comparable in paper/packaging materials for the cement, sugar, and FMCG sectors, though in different substrates (plastics vs. kraft paper).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xinstagram.com/ghulamfaruquegroup?igsh=czEyajM5bmpiaGxu
• LinkedInlinkedin.com/company/greaves-pak-ghulam-faruque-group-of-companies
• Instagraminstagram.com/ghulamfaruquegroup?igsh=czEyajM5bmpiaGxu

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Mirpurkhas Sugar Mills