Slide 1: Presentation - Corporate Briefing Session letter to PSX
MERIT PACKAGING LIMITED Registered Office & Corporate Department LAKSON SQUARE, BUILDING NO.2, SARWAR SHAHEED ROAD, KARACHI-74200, PAKISTAN. November 07, 2025 The General Manager Pakistan Stock Exchange Limited Stock Exchange Building, Stock Exchange Road Karachi Dear Sir, PRESENTATION - CORPORATE B
Slide 2: Corporate Briefing Session
Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 3: Disclaimer
DISCLAIMER THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT This presentation has been prepared by Merit Packaging Limited (MPL) solely for information purposes. No representation or warranty express or implied is made thereto, and no reli
Slide 4: Lakson History
LAKSON HISTORY • Established in 1954 by Mr. Hasan Ali Karabhai as a trading concern • Grew organically over decades under the leadership and guidance of owners and sponsors • Group assets exceed USD 1.05 Billion • Domestic presence in more than 50 cities • International presence in UAE and USA • Emp
Slide 5: Lakson Group
LAKSON GROUP Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 6: About Us
ABOUT US • Established in 1980 • Experience of over 4 decades in the packaging industry • Customer portfolio of local and multi-national corporations • European machines providing unmatched quality Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 7: Customer Portfolio
CUSTOMER PORTFOLIO LOCAL BRANDS AND CUSTOMERS * All trademarks are the property of the respective owners INTERNATIONAL BRAND Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 8: Our Certifications
OUR CERTIFICATIONS * All trademarks are the property of the respective owners Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 9: Vision
VISION To emerge as a preeminent force in the packaging industry, harmonizing our clients’ packaging aspirations with our unparalleled expertise, driving innovation, sustainability, and value creation. Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 10: Mission
MISSION At Merit Packaging Limited, we are dedicated to complementing our clients’ packaging ambitions with our unrivaled expertise and commitment to excellence. We strive to: 1) Collaborate closely with our clients to understand their unique packaging needs and deliver tailored solutions that excee
Slide 11: Values
VALUES Our values and priorities have helped our business to continue to forge ahead during the unprecedented challenges of the past year. Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 12: Our Culture
OUR CULTURE People are the core of our journey. We believe in the holistic well-being of our employees. Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 13: CSR Activities
CSR ACTIVITIES We believe in giving back to the society and community Blood Donation CSR 2025 Ration Earth day Distribution Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 14: Sustainable Packaging
SUSTAINABLE PACKAGING • Use of FSC-certified board • Water-based ink-reducing VOC foot- print • Production wastage sent to sister concern for recycling • Sourcing of raw materials from responsible suppliers Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 15: Production Facility
PRODUCTION FACILITY OFFSET DIVISION • High-end printing technology • Capacity to produce more than 900 MT per month • State-of-the-art printing technology • Efficient post-press machines to support high- speed creasing & cutting and folding & gluing Corporate Briefing Session MERIT PACKAGING LIMITED
Slide 16: Sponsor Support
SPONSOR SUPPORT • Unwavering support from sponsors in the shape of: Injection of funds through the right issue in FY 2022 of Rs. 1.4 billion Time-to-time rescheduling of sponsor loans Keeping sponsor loan interest-free A loan of Rs. 250 million was offered by sponsors in FY 2021 Total spon
Slide 17: Financial Summary
FINANCIAL SUMMARY VERTICAL ANALYSIS HORIZONTAL ANALYSIS 2025 2024 2025 2024 Rs. '000 % Rs. '000 % Rs. '000 % Rs. '000 % PROFIT & LOSS ACCOUNT PROFIT & LOSS ACCOUNT Sales - net 5,280,932 100% 6,638,477 100% Sales - net 5,280,932 -20% 6,638,477 59% Cost of sales (5,309,666) -101% (6,180,364) -93% Cost
Slide 18: Revenue
REVENUE 7,000 6,638 6,341 6,000 5,281 5,000 Rupees in million 4,182 4,000 2,860 2,903 3,000 2,450 2,158 2,000 1,000 - 2018 2019 2020 2021 2022 2023 2024 2025 Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 19: EBITDA
EBITDA 600 500 468 485 400 Rupees in million 286 300 209 200 100 35 9 - 2018 2019 2020 2021 2022 2023 2024 2025 (100) (117) (200) (167) Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 20: Loss per Share
LOSS PER SHARE 2020 2021 2022 2023 2024 2025 - (1) (1.11) (0.95) (0.93) (2) (3) (3.00) (4) Rupees (5) (6) (7) (7.01) (8) (9) (8.59) (10) * 2022, 2023 EPS restated Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025
Slide 21: Outlook
OUTLOOK • Lurking shadows of global conflict escalations impacting international prices • Discount rate may remain stable by the end of this Fiscal year • PKR parity to remain stable which is largely based on the successful continuation of the IMF program • Enhanced economic activity is yet to have
Slide 22: Corporate Briefing Session
Corporate Briefing Session MERIT PACKAGING LIMITED November 10, 2025