Pakistan Tobacco Company

Pakistan Tobacco Company
Native name
پاکستان تمباکو کمپنی لمیٹڈ
TypePublic
PSX: PAKT
KSE 100 component
IndustryTobacco
FoundedNovember 18, 1947 (1947-11-18) in Karachi, Pakistan
Headquarters,
Key people
BrandsDunhill, Benson & Hedges, John Player Gold Leaf, Capstan, Gold Flake, Embassy, Velo
RevenueIncrease Rs. 94.86 billion (US$340 million)[1] (2022)
Increase Rs. 32.78 billion (US$120 million)[1] (2022)
Increase Rs. 21.32 billion (US$76 million)[1] (2022)
Total assetsIncrease Rs. 26.62 billion (US$95 million)[1] (2022)
Number of employees
1,051[1] (2022)
ParentBritish American Tobacco
Websiteptc.com.pk

Pakistan Tobacco Company Limited is a Pakistani tobacco manufacturing company based in Islamabad. It is a subsidiary of British American Tobacco and the largest cigarette manufacturer in Pakistan. It operates two factories in Akora Khattak near Nowshera and Jhelum.

History

Pakistan Tobacco Company was incorporated on 18 November 1947, shortly after the partition of British India, when it took over the business of the Imperial Tobacco Company of British India, which had been operational in South Asia since 1905.[2][3] It began its operations from a single warehouse near Karachi Port.[4]

In 1956, Pakistan Tobacco Company was listed on the Karachi Stock Exchange.[5]

In April 2019, PTC launched its "Made in Pakistan" exports initiative, becoming the fourth company in BAT's Asia Pacific and Middle East region to serve as an export hub, after Indonesia, South Korea, and Singapore.[6] The initiative initially focused on the export of cigarettes and processed tobacco to Saudi Arabia, the Gulf Cooperation Council and other Middle Eastern countries.[7] In the same year, PTC introduced the nicotine pouch category in Pakistan with the launch of Velo, a tobacco-free oral nicotine pouch developed by BAT.[8]

In December 2020, PTC announced plans to establish a business process outsourcing (BPO) hub in Pakistan to serve the Asia–Pacific and Middle East regions.[7][9][10] The shared services unit, which was relocated from Malaysia, was projected to create over 3,000 jobs over five years and generate approximately US$100 million annually in foreign exchange.[7][11]

In May 2024, PTC announced its "Made in Pakistan 3.0" initiative for the export of Velo nicotine pouches to Japan.[12][13]

In July 2025, Systems Limited acquired BAT SAA Services (Private) Limited, the BPO arm operated for the BAT group out of Pakistan, from British American Tobacco International Holdings (UK) Limited.[14]

Operations

Pakistan Tobacco Company factory in Jhelum

Pakistan Tobacco Company is engaged in the manufacture and sale of cigarettes, raw and semi-finished tobacco, tobacco-free nicotine pouches and vaping products.[15] The company operates two cigarette factories, one in Akora Khattak near Nowshera in Khyber Pakhtunkhwa and another in Jhelum in Punjab, alongside a dedicated Velo manufacturing facility also located in Jhelum.[16]

Its cigarette brands include Dunhill, Benson & Hedges, John Player Gold Leaf, Capstan by Pall Mall, Gold Flake and Embassy, as well as the modern oral nicotine brand Velo and the vaping brand Vuse.[15]

See also

References

  1. 1 2 3 4 5 "PTC Annual Report 2022" (PDF). ptc.com.pk. Archived from the original (PDF) on 7 December 2023. Retrieved 6 December 2023.
  2. ↑ "Pakistan Tobacco Company Limited". April 16, 2019.
  3. ↑ Hussain, Dilawar (October 10, 2002). "Pakistan Tobacco Company: CORPORATE PROFILE". DAWN.COM.
  4. ↑ "Pakistan's Cigarette Trade — A double-edged sword". Profit by Pakistan Today. February 12, 2023.
  5. ↑ "Pakistan Tobacco Company".
  6. ↑ "Pakistan Tobacco Company Limited (PTC) launches "Made in Pakistan" exports initiative". OICCI. May 9, 2019.
  7. 1 2 3 "'PTC to set up BPO hub for Asia Pacific, Middle East in Pakistan'". Profit by Pakistan Today. December 17, 2020.
  8. ↑ "Music to the profiteers". The News International. December 19, 2020.
  9. ↑ Ahmed, Ali (December 17, 2020). "Pakistan Tobacco Company to establish BPO hub, will generate thousands of jobs". Business Recorder.
  10. ↑ "British American Tobacco to move BPO operations from Malaysia to Pakistan". Profit by Pakistan Today. December 22, 2020.
  11. ↑ "British American Tobacco shifting key business to Pakistan". The News International. December 23, 2020.
  12. ↑ "PTC announces launch of 'Made in Pakistan 3.0' initiative". The Nation. May 28, 2024.
  13. ↑ "PTC launches 'Made in Pakistan 3.0' initiative of exports to Japan". Daily Times. May 30, 2024.
  14. ↑ "Systems Limited acquires British American Tobacco SAA Services to expand global footprint". Profit by Pakistan Today. July 30, 2025.
  15. 1 2 "Pakistan Tobacco Company Limited: Shareholders Board Members Managers and Company Profile". MarketScreener.
  16. ↑ "Tobacco company office closed in Akora Khattak as virus infects 44 employees". Dawn. May 15, 2020.