Pak-gulf Leasing Co. Ltd. · PSX:PGLC
Pak-gulf Leasing — Investor Presentation (January 2023)
26 slides from Pak-gulf Leasing's investor presentation, Jan 17, 2023
Slide 1: Corporate Briefing
CORPORATE BRIEFING (Tuesday, 17th January, 2023)
Slide 2: Corporate Briefing agenda
CORPORATE BRIEFING Company Financial Future Governance Operations Performance Prospects Profile
Slide 3: Corporate Briefing
CORPORATE BRIEFING
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: •Conventional Lease Finance / Auto Loan/ Islamic Finance P R Source of Fund O Equity, CoIs, Banks borrowings F I Registe
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 Siddiqui & Raza M M/S Mansoob Ali Qureshi & Co. P M/S Imtiaz & Azhar Legal Consultants A N Y Tax Advisors: Mukhtar Law Associates P Shariah Advisor: R M/S Alhamd Shariah Advisory Services (Private) O Limited F Registrar
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 • Bank Al-Falah Limited Y • 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 May 16, 2022 has re-affirmed its N Ratings for PGL as under: Y P • Medium to Long-term Rating: A-; R • Short-term Rating: A-2; and O F
Slide 8: Entity's Credit Rating History
DATE RATING TYPE LONG TERM SHORT TERM OUTLOOK 05/16/2022 Entity A- A-2 Stable C 06/30/2021 Entity A- A-2 Negative O M Entity’s Credit 06/30/2020 Entity A- A-2 Stable P Rating History: 04/15/2019 Entity A- A-2 Stable A N 01/30/2018 Entity A- A-2 Stable The Company’s Y historical Ratings 12/30/2016 En
Slide 9: Corporate Briefing
casing CORPORATE BRIEFING NN - %
Slide 10: Board of Directors
BOARD OF DIRECTORS S. No. NAME POSITION 1. Mr. Sohail Inam Ellahi Chairman G 2. Brig. Naveed Nasar Khan (Retd) Non-Executive Director O V 3. Mr. Pervez Inam Non-Executive Director E R 4. Mr. Fawad Salim Malik Non-Executive Director N 5. Mr. Ismail H. Ahmed Independent Director A N 6. Mr. Jan Ali Kha
Slide 11: Governance Structure
Governance Structure G O V BOD E R N A N C E RECOVERIES HUMAN RESOURCE & AUDIT COMMITTEE MANAGEMENT REMUNERATION COMMITTEE COMMITTEE
Slide 12: Risk Management, Compliance and 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 OPERATIONS
Slide 14: Pak-Gulf Leasing Company Limited
Pak-Gulf Leasing Company Limited
Slide 15: Lease Written and Net Investment in Leases
Lease / Ijarah / Diminishing Musharaka / Auto-finance loan written (Rs. in Million) 1,392 1,117 1,040 1,026 O 810 779 P E R A 2017 2018 2019 2020 2021 2022 T I Net Investment in Leases (Rs. in Million) O 2,363 2,334 2,353 N 2,249 1,973 S 1,810 2017 2018 2019 2020 2021 2022
Slide 16: Main Categories of Investment in Lease
Main Categories of Investment in Lease O P E R Machinery & Equipment 37% A T Vehicle I 57% O Others N 6% S
Slide 17: Sector-wise portfolio (FY-2022)
Sector-wise portfolio (FY-2022) Education, 0% Media & Entertainment, 0% Packaging, 0% Others, 0% Advertisement, 3% Services, 0% Energy, oil and gas, 16% Health care, 3% Construction, 4% O P Hotels, 5% Steel, engineering and auto, 14% E beverage, 5% R A T I Textile, 6% Electrical goods, 13% O N pharm
Slide 18: Financial Performance
CORPORATE BRIEFING Financial Performance
Slide 19: Comparison of Key Operating and Financial Data
COMPARISION OF KEY OPERATING & FINANCIAL DATA (FY 2016- FY 2020) Year ended 30th June 2,022 2021 2020 2019 2018 Indicator 2021-22 2020-21 2019-20 2018-19 2017-18 Operational Results: Revenues 255,230,917 206,094,628 265,444,647 243,892,047 200,380,195 New Lease Written 1,392.00 1,117.00 778.86 1,025
Slide 20: Key Performance Indicators FY2016 to FY2022
KEY PERFORMANCE INDICATORS FY 2016 TO FY 2022 (Rupees in Million) Financial Year Total Assets Total Shareholder Funds Net Investment in Leases P 2021-22 2,901.88 796 2,352.93 E 2020-21 2,420.74 675.44 1,973.07 R 2019-20 2,727.33 655.72 2,333.69 F 2018-19 2,661.79 664.81 2,363.31 O 2017-18 2,548.82 6
Slide 21: Profit Before and After Taxation
Financial Year Profit Before Taxation Profit After Taxation 2021-22 167.68 146.98 2022-21 28.02 54.57 P E 2019-20 21.62 10.89 R 2018-19 71.18 64.38 F 2017-18 80.60 69.37 O R 180.00 160.00 M 140.00 A 120.00 N 100.00 C 80.00 60.00 E 40.00 20.00 0.00 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Prof
Slide 22: Dividend Payout %
Financial Year Dividend Payout % 2021-22 10 2020-21 0 2019-20 2.5 P 2018-19 7.5 E R 2017-18 12.5 F O Dividend Payout % R M 10 A N 7.5 7.5 C 5 E 2.5 0 2015-16 2016-17 2018-19 2019-20 2020-21 2021-22
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 Future Prospects
Slide 25: Future Plans
F U T FUTURE PLANS U R E Expansion in branch network. P R Revival of Ijarah finance on receipt of a favorable decision from the O Sindh High Court on the charge of sales tax on service imposed by Sindh S Revenue Board. P E Improvement and consolidation of Risk Assets. C T S
Slide 26: Thank You
Thank You
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