Sazgar Engineering Works : Corporate Briefing Session (CBS)
October 23, 2023 at 02:46 pm IST
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SAZGAR ENGINEERING WORKS LIMITED
CORPORATE BRIEFING
ON THE BASIS OF
AUDITED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED
JUNE 30, 2023
OCTOBER 26, 2023
10:30 AM
SAZGAR ENGINEERING WORKS LIMITED
o
o o o o
TABLE OF CONTENTS
COMPANY PROFILE
BOARD OF DIRECTORS
SCOPE OF BUSINESS
STRATEGIC AND OPERATIONAL DEVELOPMENTS
FINANCIAL INFORMATION
FUTURE PROSPECTS
QUESTION & ANSWER
SAZGAR ENGINEERING WORKS LIMITED
COMPANY OVERVIEW
⃝ Incorporated on September 21, 1991 as a
⃝ The authorized share capital of the
private limited company.
Company is PKR 1,000,000,000/‐.
Converted into a public limited company on November 21, 1994.
Listed on the Stock Exchanges of Pakistan in September 1996.
The share is traded under the symbol of
SAZEW.
The market price of Company's share was 50.85 PKR as on June 30, 2023.
⃝ Face value of Company's share is PKR 10/‐.
⃝ Currently 1197 employees are on the
payroll.
SAZGAR ENGINEERING WORKS LIMITED
COMPANY OVERVIEW
Registered office:
88‐ Ali Town, Thokar Niaz Baig, Raiwind Road, Lahore.
Manufacturing facilities:
Unit - 1 ‐ Located at 18 K.M Raiwind Road, Lahore.
Unit - 2 ‐ Located at Magrabi Tanki‐1 Link Road, Near Ijtamah Chowk, Sundar‐Raiwind Road, Raiwind, Lahore.
SAZGAR ENGINEERING WORKS LIMITED
BOARD OF DIRECTORS
Mrs. Saira Asad Hameed
‐Chairperson of Board
‐Non‐Executive Director
Mr. Mian Asad Hameed
‐Chief Executive
‐Chairman of Nomination Committee
‐Member of Human Resource & Remuneration
Committee
Mr. Saeed Iqbal Khan
‐Executive Director
‐Member of Nomination Committee
Mr. Mian Muhammad Ali Hameed
‐Executive Director
‐Member of Risk Management Committee
Mr. Humza Amjad Wazir
‐Non‐Executive Director
‐Member of Human Resource & Remuneration
Committee
‐Member of Nomination Committee
Mrs. Sana Suleyman
‐Non‐Executive Director
‐Member of Audit Committee
Mr. Taha Mahmood
‐Independent Director
‐Chairman of Human Resource & Remuneration
Committee
‐Member of Risk Management Committee
‐Member of Audit Committee
Mr. Umair Ejaz
‐Independent Director
‐Chairman of Audit Committee
‐Chairman of Risk Management Committee
‐Member of Human Resource & Remuneration
Committee
Mr. Muhammad Omer Saeed
‐Independent Director
SAZGAR ENGINEERING WORKS LIMITED
SCOPE OF BUSINESS
Manufacturing of Four Wheeler Vehicles at unit‐2.
Manufacturing of Three Wheeler Vehicles at unit‐1.
Manufacturing of Automotive Parts - Tractor Wheel Rims at unit‐1.
Import and sale of Home Appliances at unit‐1.
SAZGAR ENGINEERING WORKS LIMITED
STRATEGIC AND OPERATIONAL DEVELOPMENTS
Started commercial production of vehicles under brand name "HAVAL".
Introduction of first‐ever locally manufactured/assembled Hybrid Electric Vehicle "HAVAL‐HEV" in Pakistan.
Expansion in local dealership network.
SAZGAR ENGINEERING WORKS LIMITED
FINANCIAL PERFORMANCE
PARTICULARS
2018
2019
2020
2021
2022
2023
Turnover
3,968,217,110
3,218,523,838
2,891,754,502
4,033,601,008
10,274,217,196
18,174,296,868
Gross profits
444,912,891
330,722,331
293,014,141
366,723,669
892,945,180
2,549,476,211
Net Profits after Tax
186,005,018
81,997,158
27,633,547
75,795,322
117,839,528
995,076,624
Property, Plant & Equipment
708,814,230
998,187,948
1,318,409,750
1,844,803,734
2,640,534,747
2,861,486,140
Long Term Liabilities
159,602,557
370,637,154
459,315,412
540,290,511
805,897,499
737,599,119
Equity
957,364,387
1,044,707,247
1,768,959,112
1,839,851,775
1,953,959,197
2,915,048,062
SAZGAR ENGINEERING WORKS LIMITED
FINANCIAL INFORMATION ‐ KEY RATIOS
PARTICULARS
2018
2019
2020
2021
2022
2023
Gross profit ratio %
11.21
10.28
10.13
9.09
8.69
14.03
Profit/(loss) before tax ratio %
6.42
3.48
1.41
2.59
2.56
8.15
Earnings per share Rs.
8.62
3.04
0.70
1.25
1.95
16.46
Price earning ratio ‐ times
33.04
72.35
178.83
134.15
31.86
3.09
Market value per share (PSX) Rs.
284.98
219.85
124.59
168.21
62.12
50.85
Break up value per share Rs.
44.39
48.44
49.46
39.57
32.33
48.23
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Sazgar Engineering Works Ltd. published this content on 23 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2023 09:15:08 UTC.
Sazgar Engineering Works Limited is a Pakistan-based company, which is engaged in the manufacture and sale of automobiles, automotive parts and household electric appliances. The Company operates through four segments: Home appliances, Automotive parts, Automobiles-three Wheeler and Automobiles-four Wheeler. The Automobiles-Four Wheeler segment relates to the sale of four wheeler automobiles imported and locally assembled by the Company. Its three wheelers include deluxe mini cab luxury, seven-seater, nine-seater, cargo loader, tempo delivery and customized vehicles. Its four-wheelers include BAIC. The Company has a global presence in over 20 countries. Its manufacturing facility is located on Raiwind Road in Lahore. The Company exports its products to various countries, including Sri Lanka, Iraq, Cambodia, Angola, Liberia, Nigeria, Afghanistan, Ghana, Qatar, Egypt, Tanzania, Madagascar, Zimbabwe, Senegal, Japan, Niger and others.
SAZGAR ENGINEERING WORKS LIMITED 