Jahangir Siddiqui & Co. Ltd · PSX:JSCL
Jahangir Siddiqui & — Investor Presentation (December 2020)
34 slides from Jahangir Siddiqui &'s investor presentation, Dec 29, 2020
Slide 1: Corporate Briefing Session - 2020
Jahangir Siddiqui & Co. Ltd. Corporate Briefing Session - 2020 Tuesday, December 29, 2020
Slide 2: Contents
Contents Introduction Group Structure Listed Subsidiaries Major Investments Five Years’ Financial Summary 2015 – September, 2020 September 2020 Performance Key Financial Indicators Impeccable Credit History Corporate Social Responsibility Future Outlook
Slide 3: Introduction
Introduction Commencement of Operations 1991 Jahangir Siddiqui & Co. Ltd. (“JSCL”) is primarily an investment company in financial services and also makes long Brief Introduction term investments in growing companies. The Company also has investments in Energy and Infrastructural projects. Mr. Jahan
Slide 4: Group Structure
Group Structure Jahangir Siddiqui & Co. Ltd. Other Strategic Sub-Subsidiaries Subsidiaries Investments E F U Ge n e ral J S Gl o b al C a p i ta l L td . J S B a n k L td . In s u ra nce L td . 8 3 .5 3% * 7 5 .0 2% 2 1 .1 0% E F U L i fe A s su ran ce L td . J S In v e stments L td . J S In fo co m
Slide 5: Listed Subsidiaries
Listed Subsidiaries September 30, 2020 Profit / Credit Effective Shareholders’ (Loss) Assets Rating Holding Equity after Tax (Rs.’mn) Long-term/ (%) (Rs.’mn) (Rs.’mn) Short-term JS Bank Limited 75.02% 1,165 477,990 20,043 AA- / A1+ JS Global Capital Ltd. 62.66% 136 4,542 2,380 AA / A1+ JS Investment
Slide 6: Major Investments in Listed Companies
Major Investments in Listed Companies No. of Market Value Market Value Investee Companies Shares (Rs. ‘000) (Rs. ‘000) September 30, November 30, 2020 2020 EFU General Insurance 42,191,152 5,018,638 5,062,938 Limited EFU Life Assurance Limited 20,047,708 4,107,575 3,900,081 BankIslami Pakistan 235,6
Slide 7: Five Years' Financial Summary Balance Sheet
Five Years’ Financial Summary Balance Sheet Rupees in Million September 30, 2019 2018 2017 2016 2015 2020 Assets Property and Equipment 245 260 88 6 5 8 Investments 29,136 28,818 28,129 29,721 31,501 24,609 Other Assets 1,127 369 498 1,687 1,057 2,405 Liabilities Financings 3,013 3,943 4,344 3,509 1
Slide 8: PSX 100 Index Performance Graph
PSX 100 Index Performance Graph
Slide 9: Five Years' Financial Summary Profit & Loss Account
Five Years’ Financial Summary Profit & Loss Account Rupees in Million September 30, 2019 2018 2017 2016 2015 2020 Total Revenue 746 1,220 1,246 1,533 946 4,065 Operating and 159 211 226 232 265 242 Administrative Expenses Finance Cost 387 577 395 222 145 165 Provision for WWF 15 10 9 14 18 64 (Rever
Slide 10: 2020 Stock Market Performance
2020 Stock Market Performance • The PSX-100 index declined by 0.4% from 40,735 index level on December 31, 2019 to 40,571 index level on September 30, 2020. The index level on November 30, 2020 was 41,068 - an increase of 0.82%. • Market capitalization declined by 2%, from Rs.7,812 billion ($50.4 bi
Slide 11: 2020 Financial Performance Unconsolidated Statement of Financial Position
2020 Financial Performance Unconsolidated Statement of Financial Position Rupees in Million Sep 2020 Dec 2019 Variance % Assets Property and Equipment 245 260 -15 -6% Investments 29,136 28,818 317 1% Other Assets 1,127 369 758 205% Liabilities Financings 3,013 3,943 -930 -24% Current Liabilities 391
Slide 12: 2020 Financial Performance Unconsolidated Statement of Profit or Loss
2020 Financial Performance Unconsolidated Statement of Profit or Loss Rupees in Million Nine months Variance % 2020 2019 Return on Investments 708 828 -120 -14% Gain on sale of Investments -10 62 -72 -116% Other Income 48 110 -62 -56% Operating Expenses 159 156 3 2% Finance Cost 387 419 -32 -8% Prov
Slide 13: 2020 Financial Performance Consolidated Statement of Financial Position
2020 Financial Performance Consolidated Statement of Financial Position Rupees in Million Sep 2020 2019 Variance % Assets Property and Equipment 10,325 10,132 193 1.9% Investments 189,438 164,560 24,878 15.1% Receivables 248,400 248,963 -563 -0.2% Other Assets 54,027 70,227 -16,200 -23.1% Liabilitie
Slide 14: 2020 Financial Performance Consolidated Statement of Profit or Loss
2020 Financial Performance Consolidated Statement of Profit or Loss Rupees in Million Nine Months Variance % 2020 2019 Return on Investments 13,664 7,964 5,700 72% Gain / (Loss) on Sale of 959 -473 1,432 303% Investments Other Income 26,044 26,633 -589 -2% Operating Expenses 11,397 9,323 2,074 22% F
Slide 15: Key Financial Indicators
Key Financial Indicators Investments 35,000,000 30,000,000 25,000,000 20,000,000 PKR ‘000’ 15,000,000 10,000,000 5,000,000 - Sep 2020 2019 2018 2017 2016 2015 2014
Slide 16: Key Financial Indicators (continued)
Key Financial Indicators (continued) Shareholder's Equity 35,000,000 30,000,000 25,000,000 20,000,000 PKR '000' 15,000,000 10,000,000 5,000,000 - Sep 2020 2019 2018 2017 2016 2015 2014
Slide 17: Key Financial Indicators (continued)
Key Financial Indicators (continued) Debt Equity Ratio 20.00% 18.00% 16.00% 14.00% 12.00% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% Sep 2020 2019 2018 2017 2016 2015 2014
Slide 18: Key Financial Indicators (continued)
Key Financial Indicators (continued) Total Revenue 4,500,000 4,000,000 3,500,000 3,000,000 PKR '000' 2,500,000 2,000,000 1,500,000 1,000,000 500,000 - Sep 2020 2019 2018 2017 2016 2015 2014
Slide 19: Key Financial Indicators (continued)
Key Financial Indicators (continued) Profit Before Tax / Profit After Tax 3,500,000 3,000,000 2,500,000 2,000,000 PKR '000' 1,500,000 1,000,000 500,000 - Sep 2020 2019 2018 2017 2016 2015 2014 Profit Before Tax Profit After Tax
Slide 20: JSCL – An Investment Holding Company
JSCL – An Investment Holding Company • JSCL is primarily an investment holding company, having mainly long-term investments. • The Company finances its investments through equity as well as long-term debt, particularly through issuance of TFCs. • JSCL has historically maintained a very low leverage
Slide 21: Impeccable Credit History
Impeccable Credit History Maturity Amount Outstanding Instrument Issue Date Date ( Rs. mn) (Rs. mn) Rating TFC 1 18/04/2003 18/04/2008 500 - N/A TFC 2 20/05/2004 20/05/2014 500 - AA+ TFC 3 21/12/2004 20/12/2009 500 - AA TFC 4 30/09/2005 30/09/2010 500 - AA+ TFC 5 21/11/2006 21/05/2012 1,100 - AA TFC
Slide 22: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) • Jahangir Siddiqui & Co. Ltd. (JSCL) undertakes CSR initiatives that support economic growth, social progress and environmental protection in Pakistan. • Major philanthropic activities are carried in partnership with the Mahvash & Jahangir Siddiqui Foundation (
Slide 23: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) • FT supports less privileged youth of society to become economically independent, by acquisition of specialized vocational skills through Karigar Training Institute. • FT and MJSF in collaboration with Noor-e-Ali Trust, provides free education to deaf and heari
Slide 24: FT has established 'Future Labs'
FT has established ‘Future Labs’, which provides free of cost and subsidized testing facility for COVID-19 as well as other ailments.
Slide 25: Installation of Hand Pumps in villages of Tharparkar
Installation of Hand Pumps in villages of Tharparkar
Slide 26: Medical Relief Camps for the Victims of Heatwave in Sindh
Medical Relief Camps for the Victims of Heatwave in Sindh
Slide 27: Distribution of Winterization Kits in Drought hit areas of Sindh
Distribution of Winterization Kits in Drought hit areas of Sindh
Slide 28: Free Diagnostic and Health Services, Jahangir Siddiqui Hospital, Sehwan
Provides free Diagnostic and Health Services to underprivileged population through Jahangir Siddiqui Hospital, Sehwan
Slide 29: FT supports less privileged Youth through Vocational Skills
FT supports less privileged Youth through Vocational Skills
Slide 30: Free education for Deaf and Hearing impaired Children
Provides free education to Deaf and Hearing impaired Children through JS Academy for the Deaf, Karachi.
Slide 31: Ration Bags Distribution for the victims of Heavy Rain fall
Ration Bags Distribution for the victims of Heavy Rain fall in District Dadu, Tharparkar, Thatta and Badin
Slide 32: Future Outlook
Future Outlook • Moody's expects Pakistan's economic growth to be positive in fiscal year 2021 (ending June 2021) but still low at around 1-2%. While Pakistan's economy is relatively closed with low reliance on exports, movement restrictions due to coronavirus will keep economic activity below the p
Slide 33: THANK YOU
THANK YOU
Slide 34: Question & Answer Session
Question & Answer Session
Jahangir Siddiqui & — Investor Presentation (December 2020) on 6ix