Karachi: Fauji Fertilizer Company Limited (FFC) and Engro Fertilizers Limited (EFERT) are projected to report strong earnings growth for the third quarter of the calendar year 2026, with FFC expected to achieve an earnings per share (EPS) of Rs15, marking a 13% increase year-over-year. EFERT's EPS is anticipated to reach Rs6.45, reflecting a 48% increase, driven primarily by improved volumetric sales.

According to JS Global, the cumulative financial performance for the first nine months of 2026 shows FFC and EFERT posting EPS of Rs44.08 and Rs11.78, increasing by 9% and 10% year-over-year, respectively. This growth is supported by a revenue increase of 15% for FFC and 11% for EFERT. Additionally, both companies are expected to declare quarterly dividends, with FFC and EFERT anticipated to announce dividends of Rs11.7 and Rs5.0 per share, respectively, aligning with their earnings performance.

The report also highlights that the recent correction in the stock prices of FFC and EFERT has enhanced their dividend yield prospects for the next year, with estimated yields of 9% and 12%, respectively.