Company Shahtaj Sugar Mills Limited

Equities

SHJS

PK0011201016

Food Processing

End-of-day quote Pakistan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
106 PKR +3.91% Intraday chart for Shahtaj Sugar Mills Limited -0.01% +23.26%

Business Summary

Shahtaj Sugar Mills Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of sugar, whereas molasses and bagasse are its by-products. The Company manufactures, manages, treats, processes, and sells sugar produced from sugarcane, sugar beet, raw sugar, and other vegetables. The Company also deals in various activities, such as to grow sugarcane, sugar beet, setting up plant and equipment to produce ethanol from molasses, setting up steel re-melting unit and to do all other matters related to its by-products. The Company's mill is located at Mandi Bahauddin in the Province of Punjab. The Company's crushing capacity of mills is 8,000 to 10,000 metric tons of sugarcane per day. The Company is focused on setting up a bagasse-based power project of installed gross capacity of 32 megawatts (MW) with 15 MW spillover to the National Grid. The Company's production plant is located at Kuthiala Saidan, Mandi Bahauddin.

Number of employees: 638

Sales per Business

PKR in Million2022Weight2023Weight Delta
Sugar
101.9 %
6,311 95.4 % 9,261 101.9 % +46.75%
Sales Tax
-16.0 %
-1,041 -15.7 % -1,451 -16.0 % +39.34%
Molasses
12.3 %
1,096 16.6 % 1,122 12.3 % +2.38%
Bagasse
1.9 %
241 3.6 % 174 1.9 % -27.84%
Brokers' Commission on Sugar
-0.2 %
-11 -0.2 % -15 -0.2 % +40.94%
Press Mud
0.1 %
26 0.4 % 13 0.1 % -50.04%
Withholding Tax on Sales
-0.1 %
-7 -0.1 % -12 -0.1 % +73.93%

Sales per region

PKR in Million2022Weight2023Weight Delta
Pakistan
96.0 %
6,615 100.0 % 9,092 96.0 % +37.45%
Saudi Arabia
3.9 %
-- 370 3.9 % -
Canada
0.1 %
-- 14 0.1 % -

Managers

Managers TitleAgeSince
Chief Executive Officer - 72-01-30
Director of Finance/CFO - -
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer - 72-01-30
Chairman - 13-02-21
Director/Board Member - 05-05-29
Director/Board Member - 23-05-28
Director/Board Member - 13-01-28
Director/Board Member - 21-12-29
Director/Board Member - 23-01-26
Director/Board Member - 19-05-28
Director/Board Member - 21-07-25
Director/Board Member - 23-05-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 12,011,096 5,303,298 ( 44.15 %) 0 44.15 %

Shareholders

NameEquities%Valuation
JS Investments Ltd. (Investment Management)
9.381 %
1,126,742 9.381 % 397 154 ₨
National Investment Trust Ltd.
6.675 %
801,695 6.675 % 282 581 ₨
Faysal Bank Ltd. (Investment Management)
1.086 %
130,390 1.086 % 45 960 ₨
AKD Investment Management Ltd.
0.2043 %
24,537 0.2043 % 8 649 ₨

Company contact information

Shahtaj Sugar Mills Ltd.

72-C-1, M.M. Alam Road Gulberg III

54660, Lahore

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http://www.shahtajsugar.com
address Shahtaj Sugar Mills Limited(SHJS)
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