1. Company Overview
- What the company does: Fauji Meat Limited (FML) processes, freezes, packages, and exports high-quality, 100% Halal-certified red meat (beef, mutton) and value-added meat products for international export markets and domestic retail.
- Short history of the company: FML was incorporated in 2013 as an unlisted subsidiary of Fauji Fertilizer Bin Qasim Limited (FFBL) and Fauji Foundation to tap into the global Halal meat market. In 2018, FML expanded into the Pakistani domestic market by introducing its retail brand “Zabeeha”.
- Head office location: 1st Floor, FFBL Tower, Sector B, DHA Phase-II, C1/C2 Jinnah Boulevard, Islamabad, Pakistan.
- Senior leadership:
- Chairman: Lt. Gen. Anwar Ali Hyder, HI (M) (Retd.)
- Chief Executive Officer (CEO): Mr. Adil Ashraf Naveed
2. Operations and Facilities
- Main business operations: Livestock procurement, lairage management, Halal slaughtering, deboning, chilling/freezing, vacuum packaging, rendering, and export logistics.
- Manufacturing plant & facility: State-of-the-art meat processing facility spanning 47 acres.
- Plant location: Near Port Qasim, Karachi, Sindh, Pakistan.
- Operational scale & capacity:
- Holding capacity for 800 cattle and 400 sheep/goats.
- Processing capacity of 200 tons per day (170 tons of beef and 30 tons of mutton) in both chilled and frozen categories.
3. Products or Services
- Brand Names: Zabeeha (domestic retail chain) and Fauji Meat (institutional/export lines).
- Main product lines:
- Chilled & Frozen Beef: Bone-in and boneless prime cuts, vacuum-packed cuts, minced beef.
- Chilled & Frozen Mutton: Mutton carcass cuts, bone-in, and boneless goat/sheep meat.
- By-Products & Rendered Goods: Hides, tallow, bone meal, and offal.
- Zabeeha Retail Range: Fresh, organic, and hygienic beef, mutton, poultry, and seafood products available through dedicated brand outlets.
- Main services: Halal export supply chain management, institutional bulk meat provisioning, and custom processing for GCC and international markets.
4. Financials
Financial Results Summary (FY 2024 vs. FY 2023)
Financial Metric | FY 2024 (PKR) | FY 2023 (PKR) | YoY Change (%) |
Gross Revenue | 4,120,000,000 (PKR 4.12 B) | 3,450,000,000 (PKR 3.45 B) | +19.4% |
After-Tax Earnings (PAT) | (210,000,000) (PKR -210 M) | (480,000,000) (PKR -480 M) | +56.3% (Loss Reduced) |
Profit Margin | -5.10% | -13.91% | +8.81% pts |
Year-over-Year Comparison
Fauji Meat Limited registered a 19.4% increase in gross revenue during FY 2024, supported by expanded export orders to the Middle East and increased market penetration of the “Zabeeha” retail network. Although high energy tariffs and livestock procurement costs led to an overall net loss, operational consolidation and higher processing volume reduced net losses by over 56% year-over-year.
5. Future Plans
- Expansion plans: Increasing direct export channels to East Asia and Central Asia while expanding the “Zabeeha” physical store network across major urban centers in Pakistan.
- Investment plans: Installing solar energy infrastructure at the Port Qasim facility to significantly lower operational power tariffs and cold storage overheads.
- New projects: Developing value-added ready-to-cook and heat-and-serve meat processing lines to target high-margin modern trade markets.
- Strategic direction: Strengthening livestock contract farming partnerships across Punjab and Sindh to ensure traceable, high-yield cattle supply for Halal export compliance.