Pak-gulf Leasing Co. Ltd. · PSX:PGLC
Pak-gulf Leasing — Investor Presentation (November 2023)
26 slides from Pak-gulf Leasing's investor presentation, Nov 23, 2023
Slide 1: Corporate Briefing Session (FY 2023)
CORPORATE BRIEFING SESSION (FY 2023) (Thursday, 23rd November, 2023)
Slide 2: Corporate Briefing (FY 2023) agenda
CORPORATE BRIEFING (FY 2023) Company Financial Future Governance Operations Performance Prospects Profile
Slide 3: Company Profile
CORPORATE BRIEFING (FY 2023)
Slide 4: Company Profile
Date Of Incorporation: 27 December 1994 C O Date Of Commencement Of Business: M 16 September 1996 P A Type Of Entity: N Deposit Taking Leasing Company (NBFC) Y Nature of Products: P Conventional Lease Finance / Auto Loan R Source of Fund O Equity, CoIs, Banks borrowings F I Registered Office : L Kar
Slide 5: Legal Advisors, Tax Advisors, Shariah Advisor, Auditors
Legal Advisors M/S Mohsin Tayebally & Co. C M/S Rasheed Razvi & Associates O M/S Mansoob Ali Qureshi & Co. M P A Tax Advisors: N Mukhtar Law Associates Y Shariah Advisor: M/S Alhamd Shariah Advisory Services (Private) P Limited R O Registrar / Share Transfer Office: F M/S THK Associates (Pvt) Ltd. I
Slide 6: Bankers
Bankers: C • Bank Al-Habib Limited O • Allied Bank Limited M • Silk Bank Limited P • Al-Baraka Bank (Pakistan) Limited A • Askari Bank Limited N Y • Bank Al-Falah Limited • Habib Bank Limited P • JS Bank Limited R • MCB Bank Limited O • MCB Islamic Bank Limited F • National Bank of Pakistan I • Sone
Slide 7: Rating Agency and Entity's Credit Rating
Rating Agency: VIS Credit Rating Company Limited C O Entity’s Credit Rating: M P VIS, following a detailed analysis and evaluation of the A Company’s performance on September 21, 2023 has re- N affirmed its Ratings for PGL as under: Y P • Medium to Long-term Rating: A-; R • Short-term Rating: A-2; a
Slide 8: Entity's Credit Rating History
DATE RATING TYPE LONG TERM SHORT TERM OUTLOOK 09/21/2023 Entity A- A-2 Stable C 05/16/2022 Entity A- A-2 Stable O M Entity’s Credit 06/30/2021 Entity A- A-2 Negative P Rating History: 06/30/2020 Entity A- A-2 Stable A N 04/15/2019 Entity A- A-2 Stable The Company’s Y historical Ratings 01/30/2018 En
Slide 9: Governance
CORPORATE BRIEFING (FY 2023)
Slide 10: Board of Directors
BOARD OF DIRECTORS S. No. NAME POSITION 1. Mr. Sohail Inam Ellahi Chairman G 2. Mr. Pervez Inam Non-Executive Director O V 3. Mr. Fawad Salim Malik Non-Executive Director E R 4. Brig. Naveed Nasar Khan (Retd.) Non-Executive Director N 5. Mr. Ismail H. Ahmed Independent Director A N 6. Mr. Jan Ali Kh
Slide 11: Governance Structure
Governance Structure G O V BOD E R N A N C E HUMAN RESOURCE & RECOVERIES AUDIT COMMITTEE RISK MANAGEMENT REMUNERATION MANAGEMENT COMMITTEE COMMITTEE COMMITTEE
Slide 12: Governance, Risk Management, Internal Control System
Governance Risk Management Compliance • Approved policies in line • Management / minimization of • Adherence to laws and with the applicable laws credit risk regulations and regulations G • Internally approved SOPs O for various processes V • Oversight by Board E Committees R N Internal Audit Intern
Slide 13: Operations
CORPORATE BRIEFING (FY 2023) OPERATIONS
Slide 14: Pak-Gulf Leasing Company Limited
Pak-Gulf Leasing Company Limited
Slide 15: Lease / Auto-finance loan written; Net Investment in Leases
Lease / Auto-finance loan written (Rs. in Million) 1,395 1,117 1,040 1,026 O 779 P E 375 R A 2018 2019 2020 2021 2022 2023 T I Net Investment in Leases (Rs. in Million) O 2,363 2,353 2,334 2,249 N 1,973 1,909 S 2018 2019 2020 2021 2022 2023
Slide 16: Main Categories of Investment in Lease
Main Categories of Investment in Lease O P E 34% 36% R A Machinery & Equipment T Vehicle I Others O N S 30%
Slide 17: Sector-wise portfolio (FY-2023)
Sector-wise portfolio (FY-2023) Energy, oil and gas, 2.08% Steel, engineering and auto, 4.21% Electrical goods, 5.54% O Individual, 30.10% Transport and communication, 0.84% P Chemical, fertilizer and pharmaceuticals, 2.67% E Textile, 0.19% R Food, tobacco and beverage, 7.26% A Construction, 2.82% T
Slide 18: Financial Performance
CORPORATE BRIEFING (FY 2023) Financial Performance
Slide 19: Comparison of Key Operating & Financial Data (FY 2018-FY 2023)
COMPARISION OF KEY OPERATING & FINANCIAL DATA (FY 2018- FY 2023) Year ended 30th June 2023 2022 2021 2020 2019 2018 Operational Results: Indicator 2023 2022 2021 2020 2019 2018 Revenues 262,202,401 255,230,917 206,094,628 265,444,647 243,892,047 200,380,195 Revenue from financing operations 227,292,
Slide 20: Key Performance Indicators FY 2018 to FY 2023
KEY PERFORMANCE INDICATORS FY 2018 TO FY 2023 (Rupees in Million) Financial Year Total Assets Total Shareholder Funds Net Investment in Leases P 2022-23 2,528.85 737.47 1,909.13 E 2021-22 2,901.88 796.71 2,352.94 R 2020-21 2,420.74 675.44 1,973.08 2019-20 2,727.33 655.73 2,333.69 F 2018-19 2,661.79
Slide 21: Profit Before and After Taxation
Financial Year Profit Before Taxation Profit After Taxation 2022-23 78.82 56.64 2021-22 167.68 146.98 P E 2020-21 28.02 24.57 R 2019-20 21.62 10.89 F 2018-19 71.18 64.38 O 2017-18 80.60 69.37 R M 180.00 160.00 A 140.00 N 120.00 C 100.00 E 80.00 60.00 40.00 20.00 0.00 2017-18 2018-19 2019-20 2020-21
Slide 22: Dividend Payout %
Financial Year Dividend Payout % 2022-23 35 2021-22 10 2020-21 0 P 2019-20 2.5 E R 2018-19 7.5 F 2017-18 12.5 O Dividend Payout % R 40 M 35 A 30 25 N 20 C 15 Dividend Payout % E 10 5 0 2022-23 2021-22 2020-21 2019-20 2018-19 2017-18
Slide 23: Time-line of Achievements
TIME-LINE OF ACHEIVEMENTS Date / Financial Year Event Date /Financial Year Event 27 December 1994 Company Incorporated Paid-up Capital Increased to Rs.253.698 Million through 6 Million 10 June 1996 Public Floatation of Shares FY 2009 Right Shares issued at par value of Rs.10.0 per share 30 June 1996
Slide 24: Future Prospects
CORPORATE BRIEFING (FY 2023) Future Prospects
Slide 25: Future Plans
F U T FUTURE PLANS U R E Limited and Cautious approach in further financing till the rationalization of market interest rates. P R O Recovery from non performing clients. S P Improvement and consolidation of Risk Assets. E C T S
Slide 26: Thank You
Thank You
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