Ghandhara Automobiles Limited · PSX:GAL
Ghandhara Automobiles — FY2025 Earnings Presentation
23 slides from Ghandhara Automobiles's earnings presentation, Nov 13, 2025
Slide 1: Presentation of Corporate Briefing Session cover letter
GHANDHARA yac| © | & AUTOMOBILES LIMITED MOTORS | ®°NGEENG | pewautr CORES sec RS Wessiee November 13, 2025 The General Manager Pakistan Stock Exchange Limited Stock Exchange Building Stock Exchange Road Karachi Dear Sir, Subject: Presentation of Corporate Briefing Session This is with reference to
Slide 2: Corporate Briefing Session – 2025
Corporate Briefing Session – 2025 Ghandhara Automobiles Limited November 14, 2025
Slide 3: Contents
GNL CBS-2025 CONTENTS 1 CBS-2021 Disclaimer Group and Company’s Profile Key Revenue Drivers Economy at a Glance Auto Sector Performance Financial Highlights and Variance analysis of material items in Profit & Loss Account and Statement of Financial Position Key Business Risks and Futur
Slide 4: Disclaimer
GNL CBS-2025 DISCLAIMER 2 CBS-2021 • This presentation is intended solely for information purposes for the participants of Ghandhara Automobiles Limited’s Corporate Briefing Session. • This presentation is not an offer or solicitation of an offer to buy or sell any securities or any investment. • Th
Slide 5: Group Profile
CBS-2025 GROUP PROFILE 3 Bibojee Services (Private) Limited • Founded in 1961 by our Late Chairman Lt. Gen. Habibullah Khan Khattak • Holding company of Ghandhara Automobiles Limited [GAL] • An industrial empire with a diversified portfolio of businesses Automobile Sector • Ghandhara Automobiles Ltd
Slide 6: Company Profile
CBS-2025 COMPANY PROFILE 4 Truck Plant GAL was established in 1981 Total Area : 22 acres Engaged in assembly of complete range of vehicles: Production Capacity: 4,800 units per annum on single shift basis Assembly of Dongfeng, JAC and ISUZU Commercial Vehicles Heavy-Duty Trucks & Prime Movers
Slide 7: Board of Directors
GNL CBS-2025 BOARD OF DIRECTORS 5 CBS-2021 Lt.Gen. (Retd.) Ali Kuli Khan Khattak Chairman Mr. Ahmed Kuli Khan Khattak (Executive director) Chief Executive Officer Mrs. Shahnaz Sajjad Ahmed Audit Committee Mr. Manzoor Ahmed Chairman Ms. Arjumand Ahmed Shah Mr. Muhammad Zia Mr. M. Saleem Baig Mr. Muha
Slide 8: Products We Offer
GNL CBS-2025 PRODUCTS WE OFFER 6 CBS-2021 Category Brand Product Details Product 220HP – 420HP Prime Movers, Rigid Dongfeng Trucks & Dumpers (4x2, 6x2, 6x4 & 8x4) Heavy & Medium Duty Trucks 280HP – 440HP Prime Movers, Rigid Renault Trucks & Dumpers (4x2 & 6x4) Dongfeng 100HP – 140HP Rigid Trucks (4x
Slide 9: Distribution Network
CBS-2025 DISTRIBUTION NETWORK 7 GAL has 26 3S Dealerships network (Sales, Service & Spares) across the country and 2 Regional Offices providing Sales and Aftersales services.
Slide 10: Key Revenue Drivers
GNL CBS-2025 KEY REVENUE DRIVERS 8 CBS-2021 Assembly Business 1. CKD Business JAC trucks JAC pickups (single and double cabin) Dongfeng trucks (through Subsidiary Company) 2. Toll Manufacturing The Company also undertakes the assembly of various other vehicles under contractual arrangements.
Slide 11: Key Macro-Economic Indicators
GNL CBS-2025 KEY MACRO-ECONOMIC INDICATORS 9 CBS-2021 FY25 FY24 GDP % 3.04 2.58 Inflation (Avg.) % 4.5 23.4 Trade Deficit US$ (in Billion) 26.34 24.10 SBP Policy Rate % 11.0 20.5 PKR-US$ parity As on 30th June 284.10 278.80 As on 30th June PKR-CNY parity 39.66 38.53 FX Reserves US$ (in Billion) 19.2
Slide 12: Auto-Sector Performance
CBS-2025 10 Auto-Sector Performance
Slide 13: Sales Volume - Commercial Vehicles
CBS-2025 SALES VOLUME - COMMERCIAL VEHICLES 11 BRANDS 2024-25 2023-24 Variance HINO 339 199 140 Isuzu 2,891 1,243 1,648 Master 1,016 581 435 GAL + GDFPL* 2,436 1,234 1,202 Total 6,682 3,257 3,425 * Includes Dongfeng (CBU & CKD)
Slide 14: Sales Volume – SUVs & Double Cabin Pickups
CBS-2025 SALES VOLUME – SUVs & Double Cabin Pickups 12 Brand 2024-25 2023-24 Variance HYUNDAI TUCSON 3,536 3,475 2% BAIC BJ40L 57 55 4% HONDA BR-V & HR-V 1,682 1,713 (2%) SAZGAR HAVAL 10,783 5,319 103% Toyota (Fortuner & IMVs) 8,181 4,465 83% CHERY 125 198 (37%) D-Max 295 154 92% JAC T9 Hunter 1,971
Slide 15: Financial Highlights
GNL CBS-2025 13 CBS-2021 Financial Highlights
Slide 16: Standalone
GNL CBS-2025 STANDALONE 14 CBS-2021 FY26 FY 25 FY 24 FY 23 FY 22 FY 21 Q1 (PKR in Million) Sales 9,245 23,172 5,385 10,033 5,359 3,226 Gross Profit 1,444 3,912 238 636 412 346 GP % 15.6 16.9 4.4 6.3 8 11 Profit / (loss) before tax 1,327 3,376 (252) 243 130 115 Profit / (loss) for the year 824 2,389
Slide 17: Material Variance Analysis - Standalone
CBS- MATERIAL VARIENCE ANALYSIS - PROFIT & LOSS ACCOUNT AND GNL 15 2025 CBS-2021 STATEMENT OF FINANCIAL POSITION (STANDALONE) June June Head of Difference %/ Reason of Variations 30,2025 30,2024 Account times Rs in "000" The increase is attributable to higher sales volumes of the newly Sales 23,171,
Slide 18: Consolidated
GNL CBS-2025 CONSOLIDATED 16 CBS-2021 FY 25 FY 25 FY 24 FY 23 FY 22 FY 21 Q1 (PKR in Million) Sales 13,519 34,512 9,413 13,104 6,382 4,413 Gross Profit 2,389 6,360 1,134 1,132 561 574 GP % 17.6 18.43 12.05 9 9 13 Profit before tax 2,508 6,000 490 389 328 131 Profit for the year 1,672 4,096 365 173 2
Slide 19: Material Variance Analysis - Consolidated
CBS- MATERIAL VARIENCE ANALYSIS - PROFIT & LOSS ACCOUNT AND GNL 17 2025 CBS-2021 STATEMENT OF FINANCIAL POSITION (CONSOLIDATED) June June Head of Difference Reason of Variations 30,2025 30,2024 % Account Rs in "000" The increase is attributable to higher sales volumes of the newly introduced JAC T9
Slide 20: Financial Position – June 30, 2025
CBS-2025 FINANCIAL POSITION – JUNE 30, 2025 18 Assets Funded By 3% 2% Fixed Assets Equity 19% Inventories 30% Trade Debts & 26 26 Debt Advances 54% 40% Investment 19% Billion Billion Trade Payables & Bank Balances Contract Liabilities Others 3% Others 27% 3%
Slide 21: Key Business Risks
GNL CBS-2025 Key Business Risks 19 CBS-2021 Risk Response to Risk Economic Instability: Currency depreciation, high Economic conditions are closely monitored to enable timely decisions and inflation, and interest rate volatility increase costs mitigate any adverse impact. Foreign currency exposure i
Slide 22: Outlook and Key Challenges
GNL CBS-2025 OUTLOOK AND KEY CHALLANGES 20 CBS-2021 Macro-Economic Pakistan’s economy in 2025–26 shows signs of recovery amid easing inflation and lower interest rates; however, it continues to face challenges such as external financing pressures, policy uncertainty, currency volatility, & climate
Slide 23: Q & A Session – Thank You
CBS-2025 Q & A Session _______________________________________________________________________ Thank You