Mitchells Fruit Farms Limited (MFFL) reported earnings per share of PKR 19.95 for FY25, compared to PKR 0.07 in FY24. Furthermore, in 1QFY26, the company reported earnings per share of PKR 8.03, compared to earnings per share of PKR 0.67 in the same period last year (SPLY).
The company has undergone a major transformation following the acquisition of a controlling stake by CCL Holding Private Limited. The acquisition by CCL Holding was completed post close 1QFY26. It operates across 12–13 product categories, broadly organized into key segments such as Confectioneries, Condiments and Preserves, Squashes and Seasonings (its longest standing category), and Ready to Eat and Ready to Cook products, which are among its more recent additions.
The sales mix improved, supported primarily by stronger export performance, although gross margins remained under pressure due to persistent inflationary trends. Liquidity strengthened as the company secured a PKR 200 million short term financing facility from the National Bank of Pakistan, aimed at maintaining adequate working capital. Other income primarily arose from the sale of land in the previous year.
Looking ahead, the company plans to leverage its core strengths across both domestic and export markets to drive topline growth, expand margins, and reinvest in business development. Innovation will remain a core strategic focus, encompassing new product development. While new categories may be explored in the future, management believes there is significant untapped potential within current product segments
Important Disclosures
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