Pakistan Services Limited · PSX:PSEL
Pakistan Services — FY2024 Earnings Presentation
49 slides from Pakistan Services's earnings presentation, Nov 25, 2024
Slide 1: Corporate Briefing Session for the Year Ended June 30, 2024
CORPORATE BRIEFING SESSION FOR THE YEAR ENDED JUNE 30, 2024 Islamabad Marriott Hotel November 25, 2024
Slide 2: Contents & Format of Presentation
CONTENTS & FORMAT OF PRESENTATION CORPORATE INFORMATION OUR JOURNEY TO SUCCESS FINANCIAL INFORMATION OPERATIONAL DEVELOPMENTS QUESTIONS & ANSWERS
Slide 3: Corporate Information
CORPORATE INFORMATION
Slide 4: Incorporated December 06, 1958 – Corporate Information
INCORPORATED DECEMBER 06, 1958 LISTED ON STOCK JANUARY 18, 1964 EXCHANGE PSX SYMBOL PSEL FIRST FLOOR, NESPAK HOUSE, G-5/2, REGISTERED OFFICE ISLAMABAD CORE BUSINESS HOTELS M/S. KPMG TASEER HADI & CO, CHARTERED AUDITORS ACCOUNTANTS SHARE REGISTRAR M/S. THK ASSOCIATES (PVT) LIMITED
Slide 5: Lobby, PC Legacy, Skardu
LOBBY, PC LEGACY, SKARDU
Slide 6: Board of Directors
BOARD OF DIRECTORS
Slide 7: Mr. Sadruddin Hashwani, Chairman
MR. SADRUDDIN HASHWANI CHAIRMAN
Slide 8: Executive Directors
EXECUTIVE DIRECTORS Mr. Murtaza Hashwani Mr. Shakir Abu Bakar Syed Haseeb A. Gardezi
Slide 9: Non-Executive Directors
NON-EXECUTIVE DIRECTORS Mr. Sadruddin Hashwani Mr. M. A. Bawany Mr. M. A. Ghazali Marghoob Ms. Ayesha Khan
Slide 10: Independent Directors
INDEPENDENT DIRECTORS Mr. Rohail Ajmal Mr. Shahid Hussain Mr. M. Saleem A. Ranjha
Slide 11: Cigar Lounge, Rumanza by Pearl-Continental, Multan
CIGAR LOUNGE, RUMANZA BY PEARL-CONTINENTAL. MULTAN
Slide 12: Statutory Officers
STATUTORY OFFICERS
Slide 13: Statutory Officers
Mr. Bastien Paul Emile Blanc Chief Executive Officer Mr. Tahir Mahmood Mr. Muhammad Amir Syed Nehal Ahmed Zaidi Chief Financial Officer Company Secretary Head of Internal Audit
Slide 14: Card Room, Rumanza by Pearl Continental, Multan
CARD ROOM, RUMANZA BY PEARL CONTINENTAL, MULTAN
Slide 15: Our Journey to Success
OUR JOURNEY TO SUCCESS 2s
Slide 16: Our Journey
OUR JOURNEY Pakistan Services Limited Pearl Continental Hotel Bhurban Privilege Club Cards Incorporated in Karachi as a Public Limited Addition of the resort property Membership of Privilege Club Cards entitles the Company card holder to obtain complimentary stay and discounts. 1958 1992 1999 The cu
Slide 17: Our Journey
OUR JOURNEY Zaver Pearl Continental Excellence Award – Best Performing City Properties (Pvt) Ltd. Hotel Gwadar Company Entered into a Real Estate Development Under Franchise Agreement Employers Federation of Pakistan 2006 2011 2016 Pearl Continental Hotel Life Time Achievement Award Elite Properties
Slide 18: Our Journey
OUR JOURNEY PC Hotel Malam Jabba CECIL HOTEL PC Legacy in Nasirabad PSL has signed a Franchise and Management CECIL signed a Franchise and Management MOU Linked International Pvt. Ltd signed Hotel lease Agreement with M/s Samsons Group of with PSL for a 61-room resort-cum-business hotel in agreement
Slide 19: Marco Polo Restaurant, Rumanza by Pearl-Continental, Multan
MARCO POLO RESTAURANT, RUMANZA BY PEARL-CONTINENTAL, MULTAN
Slide 20: Operational Developments
OPERATIONAL DEVELOPMENTS
Slide 21: Operational Pearl Continental Hotels
Operational Pearl Continental Hotels Project Names No. of Rooms Pearl Continental Hotel Bhurban (Owned Property) 197 Pearl Continental Hotel Karachi (Owned Property) 288 Pearl Continental Hotel Lahore (Owned Property) 607 Pearl Continental Hotel Muzaffarabad (Owned Property) 102 Pearl Continental Ho
Slide 22: Operational Properties Overview
Operational Brand Name Count Rooms Operational PC Legacy Hotel 1 59 Properties Overview Pearl Continental Hotel 8 1,588 Grand Total 9 1,647
Slide 23: Upcoming Projects Overview
Brand Name Count Rooms PC Legacy Hotel 6 481 Upcoming PC Residences 1 33 Projects Overview Pearl Continental Hotel 5 629 Grand Total 12 1,143
Slide 24: Hotels Opening 2024-25
Hotels Opening 2024-25 Property Name Keys Launch Year PC Legacy Skardu 40 Dec-24 Green Pak Kalam by Pearl Continental 37 Mar-25 PC Residences Lahore 33 Jan-25 PC Legacy Valley Road Naran (Partial 68 Apr-25 Opening) PC Legacy Airport Lahore 99 May-25 Grand Total 277
Slide 25: Upcoming Pearl Continental Hotels
Upcoming Pearl Continental Hotels Project Names Rooms Pearl Continental Attabad Lake Resort and Hotel 117 Pearl Continental Hotel Kaghan 150 Pearl Continental Hotel Mirpur 157 Pearl Continental Hotel Multan 168 Green Pak Kalam by Pearl Continental 37 Grand Total 629
Slide 26: Operational and Upcoming PC Legacy
Operational and Upcoming PC Legacy Upcoming Project Rooms Operational Properties Rooms PC Legacy Airport Lahore 99 PC Legacy Bahria Town Rawalpindi 124 PC Legacy Nasirabad Hunza 59 PC Legacy Gujranwala 100 PC Legacy Highland Islamabad 50 PC Legacy Valley Road Naran 68 Grand Total 59 PC Legacy Skardu
Slide 27: Upcoming PC Residences Projects
Upcoming PC Residences Projects Project Name Keys PC Residences Kalma Chowk Gulberg Lahore 33 Grand Total 33
Slide 28: Restaurants
BRANDS OPERATIONAL UPCOMING Dumpukht 1 Lahore Restaurants Tai-Pan Lahore 1 Sakura Karachi 1 Grand Total 2 1
Slide 29: Financial Highlights
Financial Highlights
Slide 30: Financial Information: Key Indicators
Financial Information KEY INDICATORS Description June 30, 2024 June 30, 2023 Gross Profit Margin 39.37% 37.90% Operating Profit Margin 15.53% 13.43% Net Profit/(Loss) Margin 2.83% (1.65%) Debt Service Coverage 0.31 0.46 Earning/(Loss) per share (Rupees) 13.08 (6.71)
Slide 31: Financial Information: Key Indicators
Financial Information KEY INDICATROS Description June 30, 2024 June 30, 2023 Value of Current Assets (PKR.M) 4,558 15,040 Value of Current Liabilities (PKR.M) 14,671 16,983 Current Assets and Current Liabilities Gap (PKR.M) (10,113) (1,943) Current Ratio (Current Assets / Current Liabilities) - with
Slide 32: Financial Information: Revenue Net
Financial Information REVENUE REVENUE NET 16,000 15,045 13,262 14,000 11,988 12,000 10,218 10,000 8,168 6,941 8,000 6,000 4,000 2,000 - 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 33: Financial Information: Gross Profit
Financial Information Gross profit 7,000 5,923 6,000 5,027 4,962 5,000 4,060 4,000 2,730 3,000 2,196 2,000 1,000 - 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 34: Financial Information: Operating Profit / (Loss)
Financial Information OPERATING PROFIT / (LOSS) 3,000 2,487 2,500 2,044 2,000 1,781 1,500 1,026 1,000 529 500 - (500) (285) 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 35: Financial Information: Profit / (Loss) Before Taxation
Financial Information PROFIT / (LOSS) before taxation 1,000 627 500 269 68 - (500) (577) (369) (1,000) (1,500) (2,000) (1,843) 2023-24 2022-23 2021-22 2020-21 2019-20 2018-19
Slide 36: Exciting Horizons Pictorial View 2024-2025
EXCITING HORIZONS PICTORIAL VIEW 2024 - 2025
Slide 37: PC Legacy – Skardu
PC Legacy – Skardu Back Back
Slide 38: Green Pak Kalam by Pearl Continental
Green Pak Kalam by Pearl Continental Back Back
Slide 39: PC Legacy – Valley Road Naran
PC Legacy – Valley Road Naran Back Back
Slide 40: PC Legacy – Airport Lahore
PC Legacy – Airport Lahore Back Back
Slide 41: PC Residences – Kalma Chowk Lahore
PC Residences – Kalma Chowk Lahore Back Back
Slide 42: Exciting Horizons Pictorial View 2025-2026
EXCITING HORIZONS PICTORIAL VIEW 2025 - 2026
Slide 43: Pearl-Continental Hotel – Attabad Lake
Pearl-Continental Hotel – Attabad Lake Back Back
Slide 44: Pearl-Continental Hotel – Kaghan
Pearl-Continental Hotel – Kaghan
Slide 45: PC Legacy – Islamabad Zone 5
PC Legacy – Islamabad Zone 5
Slide 46: PC Legacy – Gujranwala
PC Legacy – Gujranwala
Slide 47: PC Legacy – Highland Resort Islamabad
PC Legacy – Highland Resort Islamabad
Slide 48: Q & A Session
Q & A SESSION
Slide 49: Thank You
THANK YOU