Wah Cantt: Wah Nobel Chemicals Limited, a prominent entity in the chemical manufacturing sector of Pakistan, held its Corporate Briefing Session on November 18, 2025. Incorporated as a public limited company in 1983, Wah Nobel Chemicals is quoted on the Pakistan Stock Exchange. The company's registered office and manufacturing facilities are situated in Wah Cantt, with Wah Nobel (Private) Limited holding a 55.23% share in the company’s equity.
The company specializes in producing Urea Formaldehyde Moulding Compound, Formaldehyde, and various formaldehyde-based liquid resins. These products serve as essential components in the manufacturing of chipboard, plywood, and flush doors. The company’s product line also includes formaldehyde with concentrations ranging from 37% to 50%, Urea Formaldehyde Glue, Phenol Formaldehyde Glue, Special Resins, and cleaning agents such as toilet and floor cleaners.
Wah Nobel Chemicals has made notable advancements in its production capabilities over the years. The formaldehyde plant, initially installed in 1985 with a capacity of 6,000 tons per year (TPY), has undergone multiple expansions. The latest, in 2019, introduced new technology from China, raising the total installed capacity to 80,000 TPY. Similarly, the Urea Formaldehyde Moulding Compound plant has seen growth. From an initial capacity of 4,000 TPY in 2014, strategic expansions have increased this to 19,000 TPY by 2025.
The financial performance for the fiscal year 2024-25 saw Wah Nobel Chemicals achieve a net revenue of 5,096 million rupees, an increase from 4,685 million rupees in the previous fiscal year. However, the company reported a decline in gross profit, operating profit, and profit after taxation. Gross profit dropped to 854 million rupees from 1,055 million rupees, operating profit decreased to 797 million rupees from 1,004 million rupees, and profit after taxation fell to 482 million rupees from 549 million rupees. This decline also reflected in the earnings per share, which decreased to 53.55 rupees from 61.05 rupees.
According to information available from the Pakistan Stock Exchange (PSX), the company's net sales have shown consistent growth over the past six years, increasing from 1,950 million rupees in 2019-20 to 5,096 million rupees in 2024-25. Despite a robust increase in net sales, profit after tax for the same period fluctuated, reaching a peak of 549 million rupees in 2023-24 before decreasing to 482 million rupees in 2024-25.
On the balance sheet front, shareholders' equity improved from 984 million rupees in 2019-20 to 2,654 million rupees in 2024-25. The cash dividend remained consistent at 100% over the last three fiscal years, demonstrating the company's commitment to providing returns to its shareholders.
The company remains a significant player in its designated market category, focusing on expanding its manufacturing capabilities and maintaining its position as a leading chemical manufacturer in Pakistan.