First Dawood Properties Limited · PSX:FDPL
First Dawood Properties — First Dawood Investment Bank — Investor Presentation (June 2023)
9 slides from First Dawood Properties's investor presentation, Jun 30, 2023
Slide 1: Corporate Briefing Session for the Year Ended June 30, 2023
CORPORATE BRIEFING SESSION FOR THE YEAR ENDED JUNE 30, 202 2023 NATURE AND STATUS OF BUSINESS First Dawood Investment Bank Limited ("the Company") was incorporated on June 22, 1994 as a public limited company in Pakistan under the Companies Act, 2017 (formerly Companies Ordinance, 1984) and is liste
Slide 2: Financial Performance
FINANCIAL PEROFORMANCE During the year the company’s results for 2023 reflect another year of sound performance that was enabled by aggressive strategy well executed by our management team in an environment where the banking industry facing economic turmoil. The management continued its recovery dri
Slide 3: Recovery efforts and cost control
The management of FDIBL is continuing its efforts for recoveries and focusing its priority on reduction in non-performing portfolio and managing cash reserve despite adverse economic conditions. Correspondingly, the costs are also being controlled and overhead are being restricted. For the same reas
Slide 4: Financial Highlights: Lease Income and Total Income
FINANCIAL HIGHLIGHTS LEASE INCOME AND RETURN ON INVESTMENT 40,000,000 35,000,000 33,789,115 30,000,000 25,000,000 20,000,000 Lease Income & Return on… 15,000,000 11,029,681 10,000,000 7,536,812 5,317,128 5,000,000 303,196 - 2022-23 2021 2021-22 2020-21 2019-20 2018-19 TOTAL INCOME 70,000,000 64,909,
Slide 5: Shareholders Equity and Total Assets
SHAREHOLDERS EQUITY 700,000,000 580,265,780 600,000,000 530,278,929 525,309,720 497,979,226 500,000,000 475,173,407 400,000,000 Shareholders 300,000,000 Equity 200,000,000 100,000,000 - 2022-23 2021 2021-22 2020-21 2019-20 2018-19 TOTAL ASSETS 1,100,000,000 1,058,608,008 1,050,000,000 1,030,607,263
Slide 6: Book Value per Share and Market Value per Share
BOOK VALUE PER SHARE 4.50 3.91 4.00 3.57 3.54 3.50 3.36 3.20 3.00 Book value 2.50 per share (Rs.) 2.00 1.50 1.00 0.50 0.00 2022-23 2021-22 2020-21 2019-20 2018-19 MARKET VALUE PER SHARE 4 3.62 3.5 3 2.5 2.01 2.01 2 1.46 1.48 Market Value 1.5 per share 1 0.5 0 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 7: Mitigation Plan
MITIGATION PLAN The NBFC sector was badly hit aftermath of financial meltdown which affected the entire financial sector in 2008. The result was sharp rise in discount rate coupled with liquidity shortage forced the companies to utilize the available cash flows from recoveries to repay borrowings le
Slide 8: Future Outlook
FUTURE OUTLOOK During current year recovery of up to Rs.40.0 million has been made against non-performing lease and advances portfolio. Further recoveries are also expected from the existing portfolio, which will provide adequate cash flows for next 12-18 months. Hence, there are no issues of going
Slide 9: merger along and / or with an opportunity for the existing shareholders to inject
merger along and / or with an opportunity for the existing shareholders to inject additional equity. The management is confident that the Company will be able to resume its operations upon renewal of business license and to take advantage of deferred tax by writing new lease facilities. Page 9 of 9
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