Mehran Sugar Mills Limited (Company)

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Article Upload Date: Thu 20 Jun 2019

    
Mehran Sugar Mills Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of sugar. The Company is engaged in cultivation of different sugarcane varieties. Its business consists of sugar, ethanol, farming, equity investments, renewable energy and sugar retail business. The Company is a producer and marketer of white and brown sugar. The Company offers its sugar under Chashnik and Sugarie brands. The Company has harvested approximately 304,750 maunds sugarcane at the yield of over 870 maunds per acre. Its mill is located at District Tando Allahyar, Sindh. The Company also has investments in an ethanol facility. The Company manages equity portfolio to provide a source of income, through dividends and capital gains. It also manages approximately 1,000 acres of farming with an objective to cultivate high yielding sugar cane varieties.[1] About The Company

Title Description
Details
Type: Sugar Mills
Fax: +92 2 135297818
Phone: +9221 35297814 Fax : +9221 35297818
Record: 2016 Record highest Sales milestone of more than Rs. 7 billion in the history of the company
Associated Companies : Unicol Limited, Mogul Tobacco Co. (Pvt) Ltd, Pakistan Molasses Co. (Pvt) Ltd, F & B Bulk Storage (Pvt) Ltd, Bulk Management Pakistan (Pvt) Ltd
Corporate Responsibility: Farmer Services, Education and Health
Consumer Division: Sugarie(Premium Quality Brown Sugar) and Chashnik(Brown and White Sugar)
Traded As: Sugar, Ethanol, Farming, Equity Investments, Renewable Energy, Sugar Retail Business
Industry: Mehran Sugar Mills Limited
Founded: 1965
Headquarter: Executive Tower, Dolmen City, 14-B, 14th Floor, Block 4, Clifton, Karachi,Pakistan
Key People: Mr. Mohammed Kasim Hasham, Mr. Mohammed Ebrahim Hasham, Mr. Mohammed Hussain Hasham, Mr. Khurram Kasim, Mr. Ahmed Ebrahim Hasham, Mr. Muhammad Iqbal, Mr. Muhammad Bashir Jan Muhammad, Dr. Amjad Waheed
Product: Sugar, Ethanol, Farming, Equity Investments, Renewable Energy, Sugar Retail Business
Revenue: 5.86bn
Profit: 604.99m
Number of employees: 555.00


History

Mehran has a long, rich heritage with Haji Hasham and his son Usman's vision to set up one of Pakistan's first sugar factories. Haji Hasham started his business career by trading in commodities in the 1930's in the Indo Subcontinent. Mehran sugar has grown to become a leading and diversified company today.[2] History

Business

Sugar

Mehran's core business is sugar manufacturing. We take pride in being one of the leading sugar producers in Pakistan. We strive to continually improve our efficiencies both at farm and factory level.

Ethanol

We have invested in a JV ethanol company, Unicol Limited, which has capacity to produce 77 Million litres by converting molasses into Ethanol. Unicol Limited is one of Pakistan's leading ethanol producers and exporters.

Farming

We manage 800 acres of farming as a separate profit center with an objective to cultivate high yielding sugar cane varieties, which can be given to our farmers as seed to improve their future plantations.

Equity Investments

We manage an equity portfolio of Rs 1.0 billion with emphasis of investing in leading blue chip companies of Pakistan. The objective of the portfolio is to provide a diversified source of income, through dividends and capital gains.

Renewable Energy

We have invested in infrastructure to connect our mill power plant to national grid for supply of excess electricity of upto 5.0 megawatt. We strive to larger generation capacity in the future.

Sugar Retail Business

We are the proud owner of the Chashnik and Sugarie brand. The brands market granulated and powdered brown and white granulated sugar all of which are made from 100% pure sugarcane. The granulated and powdered brown sugar is targeted to attract customers for baking, cooking and beverages.[3] Buisness

Associated Companies

Unicol Limited Mogul Tobacco Co. (Pvt) Ltd. Pakistan Molasses Co. (Pvt) Ltd. F & B Bulk Storage (Pvt) Ltd. Bulk Management Pakistan (Pvt) Ltd.

Financial Highlights

In fiscal year 2015, Mehran had Rs. 4.639 billion in sales and other revenues. Earnings from continuing operations were Rs. 292 million. The Company also realized Rs. 255 million in income from other operations.[4] Financial Highlights 

Registered Office

Registered Office

Registered Office

Executive Tower, Dolmen City, 14-B, 14th Floor, Block 4, Clifton, Karachi,Pakistan Phone: +9221 35297814 Fax : +9221 35297818