Ghandhara Automobiles Limited · PSX:GAL

Ghandhara Automobiles — Investor Presentation (2019)

18 slides from Ghandhara Automobiles's investor presentation, 2019

  1. Slide 1: onavana

    onavana

  2. Slide 2: Contents

    Contents  Economy at a Glance  Auto Sector Performance  Product Line up  Financial Highlights  Challenges and Opportunities  Q&A

  3. Slide 3: Economy at a Glance

    Economy at a Glance

  4. Slide 4: GDP, PKR/USD, inflation, discount rate, per capita income

    GDP PKR/USD 6.00% 180 5.22% 5.53% 155.75 160 5.00% 138.9 4.56% 140 4.06% 120 110.41 4.00% 104.8 104.55 3.29% 100 3.00% 80 2.00% 60 40 1.00% 20 0.00% 0 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 Inflation Discount Rate Per Capita 14.00% 14.00% Income (R s ‘000’) 13.25% 250 12.00% 11.50% 12.00%

  5. Slide 5: Auto Sector Performance

    Auto Sector Performance

  6. Slide 6: Segment-Wise Analysis

    Segment-Wise Analysis *Source: PAMA

  7. Slide 7: Market share by segment, TIV 2016-2019

    TIV 7,182 Units TIV 10,575 Units 2019 2018 GNL* 17% GNL* 11% ISUZU 32% ISUZU 31% HINO 28% HINO 37% MASTER 18% MASTER 16% OTHERS 5% OTHERS 5% 0% 10% 20% 30% 40% 0% 10% 20% 30% 40% TIV 7,700 Units TIV 6,736 Units 2017 2016 GNL* 11% GNL* 13% ISUZU 32% ISUZU 34% HINO 32% HINO 39% MASTER 16% MASTER 14% O

  8. Slide 8: Product Line up

    Product Line up

  9. Slide 9: Product line up: LCV, HDT, MDT trucks and JAC

    LCV/LDT (co) JAC MOTORS WPr 2) @ oaFaAe HDT/MDT (23) wo HDT TRUCKS

  10. Slide 10: Dealership Network

    Dealership Network Current Dealerships 10 Upcoming Dealerships 4 Sargodh a

  11. Slide 11: Financial Highlights

    Financial Highlights

  12. Slide 12: Standalone

    Standalone Jun-19 Jun-18 Jun-17 Jun-16 Jun-15 (PKR in Million) Sales 2,374 2,219 4,858 5,005 5,445 Gross Profit 320 433 931 1,092 1,131 Profit/(Loss) Before Tax 5 1,252 741 833 787 Profit/(Loss) After Tax (29) 1,038 410 546 509 60.00% 56.44% 50.00% 46.80% 40.00% 30.00% 21.80% 19.20% 20.80% 20.00% 19

  13. Slide 13: Consolidated

    Consolidated Jun-19 Jun-18 Jun-17 Jun-16 Jun-15 (PKR in Million) Sales 5,964 4,897 6,569 5,761 5,596 Gross Profit 777 779 1,212 1,196 1,148 Profit Before Tax 225 1,631 1,117 1,045 821 Profit After Tax 143 1,348 719 735 538 35.00% 33.32% 30.00% 27.50% 25.00% 20.80% 20.50% 20.00% 18.50% 18.13% 18.13%

  14. Slide 14: Net Wealth, Break up Value, EPS, Current Ratio

    Net Wealth (PKR in Million) Break up Value Jan-19 6083 Jan-19 106.73 Jan-18 4667 Jan-18 103.72 Jan-17 2792 Jan-17 62.04 Jan-16 58.19 Jan-16 2618 Jan-15 51.61 Jan-15 2322 0.00 20.00 40.00 60.00 80.00 100.00 120.00 0 2000 4000 6000 8000 EPS Current Ratio -0.51 Jan-19 Jan-19 3.77 Jan-18 23.02 Jan-18 3.

  15. Slide 15: Challenges & Opportunities

    Challenges & Opportunities

  16. Slide 16: Challenges and Opportunities

    Challenges • Relaxation in implementation of Axle Load Regulation • OGRA - Euro II Standard • Drive for Documentation of Economy • Competition from New Entrants • Increase in cost of Auto-financing • Economic Slowdown • Goods transportation through Railways Opportunities • New Infrastructure develop

  17. Slide 17: Q & A Session

  18. Slide 18: Thank You

Ghandhara Automobiles — Investor Presentation (2019) on 6ix