Ghandhara Industries Limited · PSX:GHNI
Ghandhara Industries — FY2020 Earnings Presentation
15 slides from Ghandhara Industries's earnings presentation, 2020
Slide 1: Ghandhara Industries Limited Corporate Briefing Session
GHANDHARA INDUSTRIES LIMITED Corporate Briefing Session For the year ended June 30, 2020
Slide 2: Contents
Contents The Group The Company Economy at Glance Performance in FY 2020 Market Share Analysis GIL Segment wise Sales Future Outlook Q & A Session
Slide 3: The Bibojee Group
The Bibojee Group - Founded in 1961 by our late Chairman Lt. Gen Habibullah Khan Khattak - Bibojee Services Pvt Ltd is the ultimate holding company of Ghandhara Industries Limited. - Bibojee Group is not only providing services in Automobile Sector but also a leading manufacturer in Textile, Tyre &
Slide 4: The Company
The Company - Ghandhara Industries Limited is an authorized assembler and progressive manufacturer of Japanese brand “Isuzu” in Pakistan. The Company was established in 1963 and is a market leader in truck and bus market for last two years. -GIL for consecutive two years in 2017 and 2018 was named a
Slide 5: GDP growth and rupee depreciation
GDP Growth Rate : Pakistan 6.0% 5.5% GDP growth contracted by 0.4% in 5.0% 2020. 4.0% 3.0% 1.9% 2.0% 2.0% (Source: SBP/ADB) 1.0% 0.0% -1.0% -0.4% 2018 2019 2020 2021 Forecast Pakistan’s rupee depreciated around 6.56% against USD during FY 2020 Start of FY 2020 : 157.75 End of FY 2020 : 168.10
Slide 6: Interest rate, inflation and truck and bus market
SBP Policy Rate 14.00% 13.25% 12.50% Interest rate stood steady at 12.00% 11.00% 9.00% 13.25% from start of FY2020 till the 10.00% 8.00% 8.00% 7.00% 7.00% emergence of Covid-19 pandemic 6.00% which then was gradually reduced 4.00% 2.00% to 7%. 0.00% July 17 2019 ‐ March 18, 2020 March 24, 2020 April
Slide 7: Financial Performance of the Company
Financial Performance of the Company
Slide 8: Summary of Financial Performance
SUMMARY OF FINANCIAL PERFORMANCE Profit & Loss 2020 2019 2018 2017 2016 Rs. in 000' Rs. in 000' Rs. in 000' Rs. in 000' Rs. in 000' Net sales 11,788,254 13,909,913 16,772,383 10,740,631 5,825,579 Cost of sales (11,095,490) (12,308,321) (13,661,379) (8,537,668) (4,278,941) Gross profit 692,764 1,601,
Slide 9: Market Share Analysis - Truck & Buses
MARKET SHARE ANALYSIS-TRUCK & BUSES Overall Commercial Market with GIL Market share (PAMA) 47% 45% 12,000 50% 40% 45% 34% 10,000 40% 24% 35% 8,000 30% 6,000 25% 10,093 20% 8,629 4,000 6,763 15% 6,567 10% 2,000 3,647 5% - 0% FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 Commercial Market ISUZU Market Share
Slide 10: Market share by brand 2016-2020
2016 2017 2018 12% 8% 15% 14% Hino 43% Hino 18% 0% Hino 50% ISUZU ISUZU ISUZU 42% Master Master Master 24% 34% 40% Nissan Nissan Nissan 2019 2020 0% 1% 16% 22% 33% Hino 36% Hino ISUZU ISUZU Master Master Nissan Nissan 47% 45%
Slide 11: Pick-up Comparison
Pick-up Comparison 100% 80% 60% 3,748 6,070 40% 20% 656 400 0% FY 2020 FY 2019 Isuzu D-max Toyota Hilux FY Market FY Market Segment 2020 Share 2020 2019 Share 2019 Isuzu D-max 656 15% 400 6% Toy ota Hilux 3,748 85% 6,070 94% 4,404 6,470
Slide 12: Segment Wise Break-up
Segment Wise Break-up 100% 122 400 263 168 90% 656 212 80% 70% 120 60% 50% 3,878 2,640 1,398 40% 2,806 1,582 30% 20% 10% 0% FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 Trucks Buses D-Max FY FY FY FY Segment 2020 2019 2018 2017 FY 2016 T rucks 1,582 2,806 3,878 2,640 1,398 Buses 120 212 122 263 168 D-M a
Slide 13: Future Outlook
• Our business strategy focuses on customer satisfaction and long term business relationship • We are playing our part in new infrastructure projects, CPEC and Dams • We are effectively and efficiently managing inventories to reduce the burden on working capital • We are utilizing available resource
Slide 14: Thank You
GHANDHARA INDUSTRIES LIMITED THANK YOU
Slide 15: Q & A Session
GHANDHARA INDUSTRIES LIMITED Q & A SESSION