Shakarganj Ltd (SHKS)

Shakarganj Limited, together with its subsidiary, engages in the manufacture, purchase, and sale of sugar, biofuel, and yarn in Pakistan and internationally. It operates through six segments: Sugar, Biofuel, Dairy, Juice, Textile, and Farms. The company produces various types of sugar products, including pharmaceutical, beverage, and commercial grade sugar, as well as soft brown sugar, castor and icing sugar, sugar cubes, sachets, and retail packs. It also provides bagasse that is used as a raw material in the paper and building material industries; molasses, a by-product of sugar manufacturing process, which is used in the production of ethyl alcohols, liquors, table syrups, food flavorings, and processed tobaccos, as well as used as food for farm animals; and press-mud that is used as a manure by farmers, as well as used in kilns for brick manufacturing. It also provides rectified ethanol for industrial and food grades; anhydrous ethanol for fuel grade; and extra neutral alcohol for pharmaceutical and perfume grades, as well as denatured spirits and methylated spirits. Further, it produces carded cotton and PC yarns, as well as slub yarns; and owns and operates farms for the cultivation of various crops, including sugarcane, wheat, gram, maize, fodder, and seasonal vegetables, as well as a dairy farm. Additionally, it provides non chemical fertilizers; and dairy, fruit pulps, purees, and concentrate juices. It exports its products to Europe, the Middle East, Africa, and the Far East. The company was formerly known as Shakarganj Mills Limited and changed its name to Shakarganj Limited in January 2015. Shakarganj Limited was incorporated in 1967 and is headquartered in Lahore, Pakistan.