The single largest polyester staple fibre (PSF) producer in Pakistan, Ibrahim Fibres Limited (PSX: IBFL) is a leading player in synthetic textiles. With over Rs 21.1 billion in market capitalisation, the firm stands out as the only synthetic textile manufacturer in the KSE100 list of companies.
The principal business of the company is the manufacture and sale of PSF and polyester yarn. It has two power generation plants with capacity of 73MW, solely for the purpose of catering to its energy requirements. Moreover, the company has control of Allied Bank, which often makes a healthy contribution to the company's financials.
Stock and Pattern of shareholding
IBFL stock largely seems to be in the hands of the owners, with around 90 percent of the shares staying within the company. There appears to be no company or associate with any significant shareholding. Even the public amounts to less than nine percent, which would explain why IBFL makes rare appearances on the PSX and volumes, are so low.