Slide 1: Security Papers Limited Corporate Briefing Session
SECURITY PAPERS LIMITED Corporate Briefing Session 10 October 2024
Slide 2: Disclaimer
DISCLAIMER This presentation is not an offer or solicitation of an offer to buy or sell any security or investment. This presentation has been prepared by Security Papers Limited (SPL) solely for information purposes. No representation or warranty express or implied is made thereto, and no rel
Slide 3: Contents & Format of Presentation
Contents & Format of Presentation
Slide 4: Profile of the Company
Profile of the Company ANNUAL REPORT 2024 of Service, Riu Bia Quality and a Reliability Security HR ners
Slide 5: The Company Profile
The Company Profile Security Papers Limited is an strategic Company engaged in the business of manufacturing security paper for Banknotes and Other Security Paper products. The Company head office and manufacturing facility is situated in Karachi, Pakistan. The geographical presence of its cus
Slide 6: Organizational Overview
Organizational Overview Organizational Overview and External Environment \
Slide 7: Vision, Mission and Core Values
VISION STATMENT MISSION STATMENT CORE VALUES Our Mission is to exceed the expectation Our Mission is ofto our Customers exceed the in Striving for continuous To be nationally and expectationwith producing, of oursecurity Customers andin improvement and innovation internationally producing, highest
Slide 8: How We Evolved
HOW WE EVOLVED 1965 1966 2014 2015 1965 1966 gore 204 2018 soe 2010 asa Private Contract for pounepralls of Dry of Thread Lirmted supply of Cleaning Ptant Unwind: Production of installation »: supply a! Conversion manufacturt sisi r commsny MBE Cormersen face a ee ae TE 2019 pas Machine-1 arecbenc @
Slide 9: History of Major Events During the Year
HISTORY OF MAJOR EVENTS DURING THE YEAR 58th Annual General Meeting hel on October 26, 2023 for FY 2022-23. 33st Board Meeting held on September 13, 2023 for approving Annual (Audited) Financial Statements for the FY 2022-23. 333rd Board 334th Board Corporate ‘Meeting held on Meeting held on Briefin
Slide 10: Major Customers
MAJOR CUSTOMERS Pakistan Security Printing Corporation (Pvt) Limited Election National Securityof Commission Printing Company (Pvt) Limited Pakistan Election Commission of Pakistan All over Pakistan. Universities & Education Boards – All over Pakistan
Slide 11: Corporate Awards History
CORPORATE AWARDS HISTORY Securty Papers Limite (SPL was conferred the “Top 23 Compantes Award of Pakastan Stock Exchange" forthe year 2022. Ht secured the 7th position on the basi of the highest score fsenteved. The Company net the aiztnction a receiving this prestigious award for the year® 32000 to
Slide 12: Governance
Governance
Slide 13: Board of Directors
Board of Directors NON-EXECUTIVE DIRECTORS CHAIRMAN Mr. Mohammad Aftab Manzoor DIRECTORS Mr. Jamal Nasim Mr. Hamid Bazargan Ms. Figen Caliskan Hafiz Mohammad Yousaf Mr. Shafqaat Ahmed Mr. Arshad Mehmood Bhatti Mr. Munir Ahmed EXECUTIVE DIRECTOR - CHIEF EXECUTIVE OFFICER Mr. Imran Qureshi
Slide 14: Board Committees
Board Committees • Board of Directors Board Human Board Investment Board Board Board Audit Resource and and Risk Board Special Strategic Procurement Committee Remuneration Management Committee Committee Committee Committee Committee 14
Slide 15: Management Committees
Management Committees Corporate Social Enterprise Risk Executive Responsibility IT Steering Management Committee (CSR) Committee Committee Committee Worker’s Profit Business Worker’s Health & Safety Participation Continuity Plan Welfare Fund Committee Fund (WPPF) Committee Committee Committee Sexual
Slide 16: Board's Approved Policies
Board’s Approved Policies Corporate Sexual Investment Risk Social Harassment Policy Management Responsibility Policy Guidelines Policy Policy Directors’ Related Party Insider Trading Whistle Remuneration Transactions Policy Blowing Policy Policy Policy Communication Occupational Environmental & Disc
Slide 17: Strategic & Operational Development
Strategic & Operational Development
Slide 18: Strategic Planning Process
Strategic Planning Process ‘The Company is determined to follow its key strategic objectives which are assessed using various parameters laid down by the Company. These parameters are regularly monitored by the Company. STRATEGIC PLANNING PROCESS
Slide 19: Strategic Goals
Strategic Goals Customer Satisfaction Decicates to provice mighest tewet of sateractson to our customers Via Migh qusitty proguct=_ Emptoyees Emptoyess Empowsnent Risk Management Enterprae Atm Management anc Bustess Cantiratty Pianning Continucus Improvement - KAIZEN Operational Ericiency improved e
Slide 20: Strategic Goals
Strategic Goals Customers’ satisfaction Employees’ Enterprise Risk Continuous empowerment Management and improvement Business Continuity (KAIZEN) Planning Operational Efficiency Maximum Return on Corporate Social Investment Responsibility
Slide 21: Future Outlook
SEC Future Outlook State Bank of Pakistan has recently announced to bring in new banknote series with enhanced security features. The Company endeavors to fulfil demand of its customers through upgradation of its plant to enable it to incorporate new security features in Bank note and other security
Slide 22: Sustainability & CSR
Sustainability — @ CSR
Slide 23: Sustainability
Sustainability Environment, Social and Governance (ESG) The Company has strategic nature of operations as its products are of highest national importance. Therefore, the security of Products, its production facilities and human capital is of prime concern for the management. For sustainable business
Slide 24: Sustainability Performance 2023-24 Highlights
Sustainability SUSTAINABILITY IS OUR OBSESSION Sustainability Report FY 2023-24 SUSTAINABILITY PERFORMANCE 2023-24 HIGHLIGHTS Description Remark: Process loss 3.19 % Decreased Awards 20th Annual Environment Excellence Award (AEEA- 2023) by NFEH 2023, Best Corporate Report Award SPL secured 3rd posit
Slide 25: Lost Time Injury Accidents
LOST TIME INJURY ACCIDENTS 2023 – 24 2022 - 23 (Jul May) % by % by No of No of Factors Gender Gender Incidents Incidents Category Category Incident affecting female workforce 0 0 0 0 Incident affecting male workforce 0 0 0 0 Incident affecting property / equipment 0 0 0 0 Total 0 0 0 0
Slide 26: Value of Investment in Sustainability Projects
Value of investment in sustainability projects 2023 - 24 Projects (PKR in MN) Projects Completed During The Year Upgradation of Mahlo Scanner 9 MN Cargo Lift 15 MN Upgradation of AVR (Co-Gen Power Plant) 7 MN Upgradation of PM-2 DCS Drive 10 MN Projects Initiate During The Year Waste Water Recycling
Slide 27: Corporate Social Responsibilities (CSR)
Corporate Social Responsibilities (CSR) 2023 – 24 2022 – 23 Name of Institution Name of Institution (PKR) (PKR) SOS Children Village 2.42 MN Prime Minister Relief Fund 2022 5.0 MN The Indus Hospitals 3.87 MN The Citizens’ Foundation 2.16 MN Socio Economic Development – 1.21 MN Baluchistan The Indus
Slide 28: Financial Information
Financial Information
Slide 29: Financial Highlights 2023-24
Financial Highlights 2023-24 Rupees in million JULY - JUNE PARTICULARS 2024 2023 Sales 7,312 5,795 Gross Profit 2,047 1,518 Other Income 1,013 678 Profit after taxation 1,489 967 Earning per share (Rs.) 25.12 16.33
Slide 30: Financial Highlights 2023-24
Financial Highlights 2023-24 PARTICULARS 2023 – 24 2022 – 23 Fixed assets 1,828 1,718 Investments 3,295 2,904 Other long-term assets 12 55 Total long-term assets 5,135 4,677 Current assets 5,406 5,179 Total assets 10,541 9,856 Long term-liabilities 289 219 Current liabilities 2,032 2,145 Total liabi
Slide 31: Financial Highlights Last Five Years
Financial Highlights Last Five Years PARTICULARS 2023 – 24 2022 – 23 Non-Financial ratios Production per employee (tons) 14.25 13.52 Revenue per employee (avg) 25.39 19.38 Production (tons) 4,104 4,043 Share price & Dividend Share price – highest 157.45 126.90 Share price – average 124.75 104.23 Div
Slide 32: Q&A
Q&A