Hinopak Motors Limited. · PSX:HINO

Hinopak Motors — Corporate Update (August 2021)

17 slides from Hinopak Motors's corporate update, Aug 26, 2021

  1. Slide 1: Corporate Briefing Session, Year Ended March 31, 2021

    Sas CORPORATE BRIEFING SESSION YEAR ENDED MARCH 31, 2021 Date: August 26, 2021

  2. Slide 2: 2/17

    2/17

  3. Slide 3: Company profile

    3/17  Hinopak Motors Limited was incorporated in Pakistan in 1985 as a Public limited company and is listed on the Pakistan Stock Exchange.  The Company is primarily engaged in the assembly, progressive manufacturing and sale of Hino buses and trucks. Company's product range comprises of Light, Me

  4. Slide 4: 4/17

    4/17

  5. Slide 5: March 2020 vs March 2021

    5/17 March 2020 vs March 2021 Market Size 4934 units  3499 SBP Policy Rate 11.00%  7.00% Rs. 2.896 billion Right Issue proceeds generated Inflation Rate 10.20  9.05 from right issue Exchange Rate Rs. 166.80  Rs. Impacts on business COVID-19 USD / PKR 153.60 due to COVID-19

  6. Slide 6: 6/17

    6/17

  7. Slide 7: USD / PKR Parity

    7/17 USD / PKR PARITY 168.8 Mar 21 vs Sep 17 166.8 165.0 PKR -45.6% Current 160.3 166.4 Rs. 156.7 165.70 155.4 160.8 155.0 153.6 145.0 140.7 139.1 135.0 124.3 125.0 121.6 115.4 115.0 110.5 104.9 105.0 105.5 105.0 95.0

  8. Slide 8: 8/17

    8/17

  9. Slide 9: Profit and loss summary

    9/17 March 31, June 30, Particulars 2020 2021 2021 Units 1639 758 162 Rs. in '000 Turnover 13,191,060 9,132,180 2,346,537 Gross (Loss) / Profit (170,411) 687,373 231,332 Distribution cost & Administrative expenses (721,697) (677,913) (169,055) Other Income - net 82,889 61,137 21,628 Operating (Loss)

  10. Slide 10: Sales, margin and finance cost commentary

    10/17  The size of the overall industry reduced primarily due to economic uncertainty and impacts of Covid-19 which resulted in decrease in current year’s sales volume.  The sales revenue for the year ended March 31, 2021 decreased to Rs. 9.04 billion from Rs. 13.19 billion in the corresponding pe

  11. Slide 11: Loss after tax and loss per share

    11/17  The Company has managed to reduced its loss after tax from Rs. 2,054.9 million in March-2020 to Rs. 288.3 million in March-2021, and has closed the 1st quarter of 2021-22 ended June 30, 2021 at after tax profit of Rs. 23.6 million which shows the management’s commitment towards continuous im

  12. Slide 12: Balance sheet summary

    12/17 March 31, June 30, 2020 2021 2021 Particulars Rs. in '000 Non-Current Assets 3,685,989 3,634,034 3,613,370 Inventory * 3,837,972 2,083,760 2,305,870 Other Current Assets 1,932,799 2,034,410 4,265,185 Total Assets 9,456,760 7,752,204 10,184,425 Equity ** 1,709,088 4,317,609 4,341,241 Long-Term

  13. Slide 13: Hino

    B17 == HINO

  14. Slide 14: Macroeconomic indicators and outlook

    14/17  Macroeconomic indicators and the unfolding of COVID 19 waves are challenging for the growth of auto industry.  The recent surge in USD/PKR parity is also a key factor in controlling the cost of production and improving profitability of the Company.  Government spending in the infrastructur

  15. Slide 15: Measures taken and market outlook

    15/17  Over the period, the company has taken various measures to address declining profitability by increasing sales prices and controlling production overheads.  The size of the commercial vehicle market is expected to remain under pressure unless the government fuels development projects to boo

  16. Slide 16: This presentation is not an offer or solicitation

    16/17 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 Hinopak Motors Limited solely for information purposes. Therefore, no representation or warranty express or implied is made thereto, and no relia

  17. Slide 17: 17/17

    17/17

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