Wafi Energy Pakistan Limited · PSX:WAFI
Wafi Energy Pakistan — Investor Presentation (May 2026)
39 slides from Wafi Energy Pakistan's investor presentation, May 18, 2026
Slide 1: Corporate Briefing Session
Corporate Briefing Session May 18th, 2026 1
Slide 2: Definition and Cautionary Note
Definition and Cautionary Note References in this presentation to “our Company” or the “Corporation” or “WEPL” refer to Wafi Energy Pakistan Limited. The words “we”, “us” and “our” are used to refer to WEPL or to those who work for WEPL. This presentation contains forward-looking statements concerni
Slide 3: Corporate Briefing Session Procedure Format
Corporate Briefing Session Procedure Format Prior intimation of date, time and place was given The session will be conducted by the management through PUCARS along with a notice on the of WEPL. corporate website. The session will be for the duration of 1 hour. Briefing is being held at the W
Slide 4: Agenda
01 Safety Brief Strategic and • Agenda 04 Operational Development 02 Company Brief 05 Q&A 03 Strategic and Financial Updates Wafi Energy Pakistan Limited
Slide 5: Safety Brief
01 Safety Brief 5
Slide 6: Safety First
Safety First On site VIRTUAL MEETING At Home REMINDERS Know locations for fire alarms, extinguishers, emergency exits, Make sure your workspace defibrillators, and muster points Keep your microphones on mute is ergonomically sound unless you would like to ask a Make sure you can hear question during
Slide 7: Safety First
Safety First You are here Wafi Energy Pakistan Limited
Slide 8: Assembly Area – Wafi House
Assembly Area – Wafi House Wafi Energy Pakistan Limited
Slide 9: Message from Mr. Javaid Akhtar
Message from Mr. Javaid Akhtar Director – Wafi Energy Pakistan Limited Head of retail – Asyad Group 9
Slide 10: Company Brief
02 Company Brief 10
Slide 11: Shell footprint in Pakistan
Shell footprint in Pakistan 10 terminal facilities nationwide A strategic terminal network across country – six connected by rail, three linked to refineries, four pipeline-fed, that includes a key storage facility at Keamari in the port city of Karachi and a state- of-the art terminal at Machike. O
Slide 12: Strategic and Financial Updates
03 Strategic and Financial Updates 12
Slide 13: Consistent Growth and Value Generation
Consistent Growth and Value Generation EBITDA Shareholder’s Equity 2.2x Growth in three years 1.7x In three years Wafi Energy Pakistan Limited 13
Slide 14: Key Milestones
Key Milestones Successfully Launch of the new achieved a Shariah- compliant and improved Shell investment portfolio, V-Power, marking a aligning our investments with major milestone in Shariah principles. premium fuel. 35 New retail sites in 2025 Expansion of non- 18 Smooth and uninterrupted fuel re
Slide 15: Strong Financial trends
Strong Financial trends PKR in millions Ratios Q1’ 26 FY’ 25 FY’ 24 FY’ 23 FY’ 22 FY’ 21 Profit after tax 2,164 3,545 3,297 5,851 (72) 4,467 Profitability Earning per share 10.1 16.6 15.4 27.3 (0.3) 21.9 Dividend per share - 7.0 5.0 5.0 3.0 - Payout ratio 0% 42.3% 32.4% 18.3% N/A 0% Equity 26,122 24
Slide 16: WEPL: Emerging as a Financial Powerhouse
WEPL : Emerging as a Financial Powerhouse 7,000 Profit After Tax 16,000 EBITDA 15,174 5,851 6,000 12,623 12,626 5,000 4,467 12,000 9,557 3,545 PKR Mn 4,000 PKR Mn 3,297 8,000 6,950 7,002 3,000 2,164 2,000 4,000 1,000 - (72) - (1,000) 2021 2022 2023 2024 2025 Q1 Mar 2021 2022 2023 2024 2025 Q1 Mar 20
Slide 17: FY 2025 at a Glance
FY 2025 at a Glance Financial Business Capital Strength Performance Performance Gross Profit Total Fuel Volumes PKR 28,544 Mn Retained Earnings 1,723 Mn Liters (+21% YoY) (+12% YoY) PKR 11,187 Mn (+19% YoY) Operating Profit Fuels Market share PKR 8,956 Mn 8.63% (+12.2% YoY) (+4.1% YoY) Share price*
Slide 18: Q1 2026 at a Glance
Q1 2026 at a Glance Financial Business Capital Strength Performance Performance Gross Profit Total Fuel Volumes PKR 12,379 Mn 434 Mn Liters Retained Earnings (+97% YoY) (+22% YoY) PKR 12,496 Mn (+36% YoY) Operating Profit Fuels Market share PKR 5,662 Mn 8.83% Share price* (+251% YoY) (+7.3% YoY) PKR
Slide 19: Strategic and Operational Development
04 Strategic and Operational Development 19
Slide 20: Wafi Response to Oil Crisis
Wafi Response to Oil Crisis WEPL acted early & engaged with discipline through volatility, policy shocks and financial pressure Supply chain: Advocacy: Ensuring supply continuity Continuous engagement through robust supply with regulatory authorities chain - no dry-outs and industry during throughou
Slide 21: Fuels Business Highlights
Fuels Business Highlights Network growth: Customer experience: Strengthened nationwide footprint Expanded the Voice of Customer HSSE Culture: with 53 new sites, 14 rebuilt V-Power launch: program to 91% of the network. Improving HSSE culture through the locations and 32 sites upgraded Launched the N
Slide 22: Lubricants Business Highlights
Lubricants Business Highlights Lubricants campaigns: Association with Shell: Strategic partnership with Indus Motor Company Ltd. Executed high-impact campaigns and consumer Key accounts visit to the Shell promotions across Rimula, Helix, and Advance brands and MG JW Automobile Pakistan Technology Ce
Slide 23: CSR achievements
CSR achievements WEPL supports Beach Cleaning entrepreneurship with Kemari Wafi supported STEM schools initiatives through Wafi Energy marked Tameer and sponsored Global Maritime Day by Design, Build and Fly organizing a beach clean competition through the up activity at Clifton American Institute o
Slide 24: HSSE highlights
HSSE highlights Zero Significant injury/fatality Cross-Industry Engagement Decantation ERP Drill No significant injuries happened, reflecting Cross-industry engagements were Emergency drills were conducted to the effectiveness of the existing systems, conducted on road transport safety, assess readi
Slide 25: Future Outlook & Strategic Direction - Accelerating into the Future
Future Outlook & Strategic Direction - Accelerating into the Future Inorganic Regional Organic Growth Growth expansion Continue Expansion of expanding network Expansion through business and footprint and potential commercial market share acquisition in the operations beyond through new sites country
Slide 26: Message from Mr. Zubair Shaikh
Message from Mr. Zubair Shaikh CEO - Wafi Energy Pakistan Limited 26
Slide 27: Q&A
Q&A 27
Slide 28: Backup slides
Backup slides 28
Slide 29: Wafi Energy Pakistan Limited
Wafi Energy Pakistan Limited
Slide 30: Key Financial Metrics
Key Financial Metrics For the For the year ended/as of December quarter PKR in Millions ended/as of March 2026 2025 2024 2023 2022 2021 Equity 26,122 24,813 23,058 19,737 14,597 15,321 Net Revenue 134,572 468,921 427,946 431,650 412,699 249,210 Profit / (Loss) 5,574 8,170 7,152 7,246 2,918 6,609 bef
Slide 31: Analysis of Material Variances FY2025
Analysis of Material Variances FY2025 Summarized statement of financial position PKR In Million Category As At Dec’25 Dec’24 Variance Analysis Increase in PPE mainly from network and asset Property, plant & equipment 25,824 23,067 2,757 investments, partially offset by depreciation. Increased mainly
Slide 32: Analysis of Material Variances Q1-2026
Analysis of Material Variances Q1-2026 Summarized statement of financial position PKR In Million Category As At Mar’26 Dec’25 Variance Analysis Increase in PPE mainly from network and asset Property, plant & equipment 25,964 25,824 140 investments, partially offset by depreciation. Decrease is due t
Slide 33: Revenue Drivers
Revenue Drivers Driving Sustainable Top-Line Growth | Wafi Energy Pakistan Limited Fuels Business • Sale of motor gasoline and diesel through an extensive retail network across Pakistan. • Premium product offerings (V-Power) driving improvement and brand differentiation. Lubricants • Revenue contrib
Slide 34: Key Business Risk
Key Business Risk Smuggled Products The presence of illegally imported fuels in border and rural markets exerts competitive pressure on volumes for Risk the formal sector. Lubricants Counterfeit lubricants erode brand reputation and Counterfeiting customer trust. Geopolitical / Security Regional geo
Slide 35: Line of Products: Fuels, Lubricants
Line of Products Fuels Lubricants Wafi Energy Pakistan Limited 35
Slide 36: Statement of Financial Position, December 31, 2025
• Statement of Financial Position • As of December 31, 2025 Wafi Energy Pakistan Limited
Slide 37: Statement of Financial Position, March 31, 2026
• Statement of Financial Position • As of March 31, 2026 Wafi Energy Pakistan Limited
Slide 38: Statement of Comprehensive Income, Year Ended December 31, 2025
• Statement of Comprehensive Income • Year Ended December 31, 2025 Wafi Energy Pakistan Limited
Slide 39: Statement of Comprehensive Income, Quarter Ended March 31, 2026
• Statement of Comprehensive Income • For the quarter Ended March 31, 2026 Wafi Energy Pakistan Limited
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