Ghani Dairies Limited · PSX:GDL
Ghani Dairies — 9M FY2026 Earnings Presentation
14 slides from Ghani Dairies's earnings presentation, May 7, 2026
Slide 1: Corporate Briefing Session
Corporate Briefing Session May 07, 2026 04:00 P.M. (PAKISTAN STANDARD TIME)
Slide 2: Listed on Pakistan Stock Exchange
MILESTONE Listed on Pakistan Stock Exchange Alhamdulillah, by the grace of Almighty Allah, the Company successfully completed its listing on the Pakistan Stock Exchange Limited on February 17, 2026. Pre-IPO Capital Post-IPO Capital Rs. 325.00 Million Rs. 429.20 Million Shares Issued 104,200,000
Slide 3: Completed Assets
Completed Assets Core infrastructure is operational, supporting current herd and daily farm activities. 800 Cows 3 Milking Sheds Initial herd procured and on-site Fully constructed and operational 2 Tractors Transformer Delivered and in service Power infrastructure installed Front Load Bucket Materi
Slide 4: In-Process Items
In-Process Items These assets are actively being delivered or installed and are expected to be completed in the near term. 1 Shed Additional housing under construction to accommodate herd growth Sand Spreader Bedding equipment being procured for cow comfort management Central Pivot Irrigation Irriga
Slide 5: Open Letters of Credit
Open Letters of Credit Four active LCs cover high-value international suppliers — livestock, milking systems, feed storage, and calf nutrition equipment. Bank Supplier Item Status FBL (Sight Boumatic LCC Double 24 Xpressway Milking Parlor + LC Open LC) Accessories HMB (LC) Australian Rural 300 Pure
Slide 6: Herd Inventory — March 2026
Herd Inventory — March 2026 Total herd stands at 3,596 head, with the majority in immature stages — representing the farm's production pipeline over the coming months. 3,596 Total Head Full herd count as of March 2025 1,241 Mature Milking 34.5% of total herd — currently in production 193 Mature Dry
Slide 7: Herd Growth & Production Performance
Herd Growth & Production Performance Herd Expansion During Q3 FY2026, the Company imported 800 high-yield dairy heifers, bringing the total herd to 3,596 animals, including 1,434 Mature cows as at March 31, 2026. Milk Production Milk production rose by 23.03% to 11.153 million liters (FY2025: 9.065
Slide 8: Production & Sales Growth (9M FY2026 Vs 9M FY2025)
Production & Sales Growth (9M FY2026 Vs 9M FY2025) Production Volume Growth Rate in Milk Production Sales Revenue 11.153 million liters (2025: 9.065M) 23.03% increase year-over-year Rs. 1,607.731M (2025: Rs. 1,312.375M)
Slide 9: Revenue Performance (9M FY2026 Vs 9M FY2025)
Revenue Performance (9M FY2026 Vs 9M FY2025) 22.51% 34.09% 22.25% Revenue Growth Gross Profit Increase Net Profit Growth Contracts with customers Production efficiency gains After tax performance Key Drivers • Increased production volume • Higher average milk prices • Operational efficiency
Slide 10: Profit & Loss Summary
Profit & Loss Summary Particulars (Rs. '000) 9M FY2026 9M FY2025 Change Revenue from Contracts 1,607,731 1,312,375 +22.51% Gross Profit 613,830 457,772 +34.09% Administrative Expenses 92,736 40,546 +128.72% Finance Cost 19,004 4,821 +294.22% Other Income 45,372 8,332 +444.58% Profit Before Tax 473,1
Slide 11: Economic Context
Economic Context Macroeconomic Environment Pakistan's GDP growth: 3.7-3.9% Agriculture contributes ~14% to GDP Dairy sector faces informal market challenges (85-90% unregulated) Urban demand supports organized sector growth
Slide 12: Future Outlook: Expansion Strategy & Growth Roadmap
FUTURE OUTLOOK Expansion Strategy & Growth Roadmap Herd Completion 800 heifers inducted; procuring remaining 450 cows to meet the 1,250- target Infrastructure Build-Out Construction of sheds, silage bunkers, and installation of milking & feed- mixing equipment in phases Production & Sales Growth Cap
Slide 13: Acknowledgements
Acknowledgements The Directors express their sincere gratitude to all stakeholders — bankers, customers, suppliers, and employees — for their dedication and hard work. The Company looks forward to their continued cooperation and support in the years ahead. "For and on behalf of the Board — Ghani Dai
Slide 14: Any Questions?
Any Questions?