Rafhan Maize Products Co. Ltd. · PSX:RMPL
Rafhan Maize Products — FY2024 Earnings Presentation
13 slides from Rafhan Maize Products's earnings presentation, May 16, 2025
Slide 1: Letter to Pakistan Stock Exchange on Corporate Briefing Session
\*) RafhanMiSe PRODUCTS CO LTD Corporate Headquarters & Registered Office Rakh Canal East Road Faisalabad - 38860 - Pakistan Tel: +9241 8540121 - 23 Fax: +92 41 8711016, 8502197 THROUGH PUCARS ORIGINAL THRU COURIER May 9, 2025 The General Manager Pakistan Stock Exchange Limited Stock Exchange Buildi
Slide 2: Corporate Briefing Session FY 2024
Corporate Briefing Session FY 2024
Slide 3: Agenda
Agenda Program Presenter Tilawat Ijaz Butt, Senior Officer Corporate Affairs Capital Structure Mustafa Zuberi, Company Secretary Strategic /Operational Developments and Financial Adil Khan, Chief Financial Officer and Chief Statements Operating Officer Q&A Session Company Representatives 2
Slide 4: About Us
About Us We are a leading ingredient solutions provider. We provide ingredients that are found in the foods, beverages, personal care items, pharmaceuticals and many other products that people around the world use every day. Our head office is based in Faisalabad 3 Manufacturing facilities city. in
Slide 5: Our Values
Our Values © Ingredion 4
Slide 6: Capital Structure
Capital Structure Authorized Shares PKR 200,000,000 Paid up Capital PKR 92,364,280 No. of Issued Ordinary Shares 9,236,428 Rafhan Maize Products Co. Limited 71% 29% Minority Shareholders Ingredion Incorporated 5 Confidential and Privileged
Slide 7: Board of Directors
Board of Directors Name Designation Category Mike O'Riordan Chairman Non-Executive Humair Ijaz Chief Executive Officer Executive James D. Gray Director Non-Executive Tanya Jaeger de Foras Director Non-Executive Adil Saeed Khan Chief Financial Officer Executive Zulfiqar Monnoo Director Non-Executive
Slide 8: Income Statement – FY 2024
Income Statement – FY 2024 FY 2024 FY 2023 % (PKR m) Act Act Volume ('000 MT) 569 500 14% Net Sales 69,923 65,467 7% Headproducts 52,490 50,589 4% Co-Products 17,433 14,878 17% Cost of Goods Sold 55,293 51,475 7% Gross Profit 14,630 13,991 5% Margins 20.9% 21.4% (45) bps. Operating Expenses 1,812 1,
Slide 9: Balance Sheet (as at Dec 2024)
Balance Sheet (as at 31 Dec 2024) Amount in PKR Billion Dec-21 Dec-22 Dec-23 Dec-24 Balance Sheet Non Current Assets 6.6 7.3 9.4 10.3 Current Assets 17.4 25.413 41.9 41.5 Total Assets 24.04 32.7 51.3 51.9 Share Capital 0.09 0.09 0.09 0.09 Total Equity 15.9 19 23.0 26.9 Non Current Liabilities 0.9 1.
Slide 10: Cost Evolution
Cost Evolution SELLING & DISTRIBUTION ADMINISTRATIVE EXPENSES OTHER EXPENSES PKR PKR PKR Billion Billion Billion 1.37 1.51 0.99 0.74 6 0.81 0.92 0.88 0.86 0.68 0.66 0.73 0.55 FY- FY- FY- FY- FY- FY- FY- FY- 2021 2022 2023 2024 2021 2022 2023 2024 Increase in is mainly due to inflationary Increase in
Slide 11: Key Metrics
Key Metrics Net Revenue Profit Before Tax (PKR Billion ) (PKR Billion) 65.4 69.9 58.8 42.6 12.0 12.0 8.9 9.9 FY-2021 FY-2022 FY-2023 FY-2024 FY-2021 FY-2022 FY-2023 FY-2024 Earning Per Share (PKR ) Capital Expenditures (PKR Million ) 748.4 809.3 2,431 677.5 669.0 1,915 882 516 FY-2021 FY-2022 FY-202
Slide 12: Question and Answer Session
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Slide 13: Thank you
» Ingredion. Be what's next. Thank you PRODUCTS CO LTD