Pakistan State Oil Co. Ltd. Class I · PSX:PSO
Pakistan State Oil Co. Ltd. Class I — 9MFY26 Earnings Presentation
26 slides from Pakistan State Oil Co. Ltd. Class I's earnings presentation, Jun 17, 2026
Slide 1: Corporate Briefing Session
CORPORATE BRIEFING SESSION PERIOD ENDED MARCH 31, 2026 1
Slide 2: Company Brief
COMPANY BRIEF PERIOD ENDED MARCH 31, 2026 2
Slide 3: Company Profile
Company Profile Pakistan State Oil Company Ltd. is serving the nation as an innovative and dynamic Energy Company which is delivering value to the customers since 1976. INFRASTRUCTURE Over 3600 retail outlets 2 Lubricant 10 Installations, 18 spread across Pakistan Total storage capacity of Manufactu
Slide 4: Business Model
Business Model 1.2 1.23 PERIOD ENDED MARCH 31, 2026 4
Slide 5: Group Structure
Group Structure 63.6% 100% 100% 100% PRL Cerisma PSORE PSOVC Pakistan Refinery Cerisma (Private) PSO Renewable Energy PSO Venture Capital Limited Others Limited – include (Private) Limited – (Private) Limited – institutions and Subsidiary Company Subsidiary Company Subsidiary Company general public
Slide 6: Market Served & Product Lines
Market Served & Product Lines PERIOD ENDED MARCH 31, 2026 6
Slide 7: Major Customers
Major Customers 1. Sui Northern Gas Pipelines Limited 2. Total Energies Aviation 3. Pakistan International Airlines 4. Pakistan Railways 5. Pakistan Navy 6. Sino Sindh Resources Pvt Ltd 7. Air Blue (Private) Limited-International 8. National Logistics Corporation 9. The Frontier Works Organization (
Slide 8: Key Business Risks
Key Business Risks Oil Price Volatility Supply Chain Disruptions Fluctuations in global oil prices Liquidity Risk Risks from geopolitical conflicts, impacting margins and working shipping constraints, and global energy capital requirements. market instability. Oil Price Supply Chain Volatility Disru
Slide 9: Operational Highlights
OPERATIONAL HIGHLIGHTS PERIOD ENDED MARCH 31, 2026 9
Slide 10: Supply Chain Improvements
Supply Chain Improvements Commissioned 71 New Retail Outlets Successfully managed country’s supply chain amid disruption of Strait of Hormuz Force Majeure declaration by Kuwait Petroleum Corporation (KPC) PERIOD ENDED MARCH 31, 2026 10
Slide 11: Setting Excellence Benchmarks
Setting Excellence Benchmarks 15th Annual Corporate Social PSO has won HR Pinnacle Awards 2025 Responsibility Summit & Reward 2026 PERIOD ENDED MARCH 31, 2026 11
Slide 12: Setting Excellence Benchmarks
Setting Excellence Benchmarks PSO received 2nd position in Best PSO received Gold Award for Best Corporate Report award for FY 2024 by Presented Annual Report for FY 2024 by the joint committee of ICAP and ICMAP. SAFA. PERIOD ENDED MARCH 31, 2026 12
Slide 13: Setting Excellence Benchmarks
Setting Excellence Benchmarks PSO received Bronze Award at the Effie PSO Honoured for Excellence in Corporate Awards 2026 for Blue LPG campaign in the Social Responsibility. New Products & Services category. PERIOD ENDED MARCH 31, 2026 13
Slide 14: Technology and Innovation
Technology and Innovation PSO has become the first OMC to roll out a As part of its commitment to sustainable Dual Interface Card nationwide. mobility, PSO has rolled out 9 EV charging stations along the strategic Karachi-to- Peshawar route. PERIOD ENDED MARCH 31, 2026 14
Slide 15: Contribution to Society - Empowering Communities, Enriching Lives
Contribution to Society - Empowering Communities, Enriching Lives PSO CSR Trust has inaugurated a vibrant Bionics hero (Regained mobility through innovative CSR Of Approx. Rs. 394 Mn children’s play area at LRBT Korangi Hospital bionic technology) PERIOD ENDED MARCH 31, 2026 15
Slide 16: PSO's Financial Highlights
PSO’s FINANCIAL HIGHLIGHTS PERIOD ENDED MARCH 31, 2026 16
Slide 17: OPEC Basket – Crude Oil Price Trend
June 12, 2026 OPEC Basket – Crude Oil Price Trend $91.68 /BBL i 11% h 81% 150 140 130 $/BBL 120 110 100 90 80 70 60 50 Sep/24 Aug/24 Feb/25 Mar/25 Jul/24 Dec/24 Jan/25 May/25 Aug/25 Oct/25 Nov/25 Apr/25 Dec/25 Jun/25 Jul/25 Sep/25 Jan/26 Feb/26 Mar/26 Oct/24 Nov/24 MONTHS July 24 – Mar 25 July 25 –
Slide 18: Financial Performance (Standalone) - 9MFY26 vs 9MFY25
Financial Performance (Standalone) - 9MFY26 vs 9MFY25 (Rs in million) YTD Mar 2026 YTD Mar 2025 Variance % Reason for Variance Net sales 2,241,056 2,336,552 (4) Cost of goods sold (2,107,436) (2,263,259) 7 Gross profit 133,620 73,293 82 Increase is due to positive margin variance Admin & distributio
Slide 19: Financial Position - Assets (As at Mar 31, 2026)
Financial Position - Assets (As at Mar 31, 2026) (Rs in million) Mar 31, Jun 30, Variance % Remarks 2026 2025 Property, plant and equipment 44,183 36,562 21 Increase is due to additions in operating assets and leased sites & Right of Use Assets Stock-in-trade 400,103 250,909 59 Increase is mainly du
Slide 20: Financial Position - Equity & Liabilities (As at Mar 31, 2026)
Financial Position - Equity & Liabilities (As at Mar 31, 2026) (Rs in million) Mar 31, Jun 30, Variance % Remarks 2026 2025 Equity 283,609 250,291 13 Due to increase in profits Retirement & other benefits 11,332 10,776 5 Minor Variation Lease liabilities 17,553 12,465 41 Increase is due to addition
Slide 21: Operating Segments
Operating Segments PERIOD ENDED MARCH 31, 2026 21
Slide 22: Key Financial Metrics
Key Financial Metrics Net Profit Ratio Gross Profit Ratio 2 7 1.70 6 5.96 5 1 4 % % 0.68 3 3.14 0.65 2.77 0.50 2.38 2 - 1 9MFY26 9MFY25 9MFY24 9MFY23 - 9MFY26 9MFY25 9MFY24 9MFY23 Current Ratio Quick Ratio 1 1 1 1.27 0.92 1 1 1.26 1 1 0.85 0.84 Rs. x 1 1 1.23 0.79 1 1.23 1 1 1 1 9MFY26 9MFY25 9MFY24
Slide 23: Group's Financial Highlights
GROUP’S FINANCIAL HIGHLIGHTS PERIOD ENDED MARCH 31, 2026 23
Slide 24: Consolidated Financial Performance (July – March 2026)
Consolidated Financial Performance (July – March 2026) (Rs in million) 16,648 PERIOD ENDED MARCH 31, 2026 24
Slide 25: Thank You
THANK YOU 25
Slide 26: Q&A
Q&A 26
Pakistan State Oil Company — 9MFY26 Earnings Presentation on 6ix