OLP Financial Services Pakistan Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Jun'24

Jun'23

Jun'22

Jun'21

Jun'20

Jun'19

Jun'18

Net Sales

9,741.19

8,186.65

5,710.90

5,227.44

6,364.84

6,121.66

5,974.99

Other Operating Income

0.00

Total Operating income

9,741.19

8,186.65

5,710.90

5,227.44

6,364.84

6,121.66

5,974.99

Raw Material Cost

26.81

29.74

50.35

23.31

17.55

21.14

78.52

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,373.68

1,224.63

1,065.58

982.60

991.14

983.04

884.84

Power Cost

0.00

Manufacturing Expenses

4,925.11

3,983.38

2,213.89

1,522.43

2,443.98

1,989.86

1,635.94

Selling and Distribution Expenses

374.40

448.88

308.22

251.99

565.50

106.19

1,207.71

Other Expenses

-424.40

-314.83

-131.35

-28.46

-102.22

161.17

89.34

Total Expenditure (Excl Depreciation)

2,455.97

2,538.32

2,324.52

2,495.70

2,995.99

4,711.96

4,700.40

Operating Profit (PBDIT) excl Other Income

7285.2

5648.3

3386.3999999999996

2731.7000000000003

3368.8999999999996

1409.7

1274.6

Other Income

70.97

384.35

228.70

160.64

95.94

84.58

535.83

Operating Profit (PBDIT)

7,987.68

6,825.01

4,539.80

4,100.98

4,858.99

5,093.29

5,224.59

Interest

4,925.11

3,983.38

2,213.89

1,522.43

2,443.98

1,989.86

1,635.94

Exceptional Items

-53.53

-3.48

4.37

-2.92

13.45

-14.84

-18.20

Gross Profit (PBDT)

9,082.87

7,364.58

4,735.83

3,995.52

4,953.09

4,491.36

4,118.25

Depreciation

631.50

792.33

924.73

1,208.60

1,394.20

1,609.15

1,778.22

Profit Before Tax

2,377.54

2,045.82

1,405.56

1,367.03

1,034.26

1,479.43

1,792.23

Tax

971.83

875.95

535.86

369.17

271.29

425.28

343.17

Provisions and contingencies

0.00

Profit After Tax

1,419.12

1,194.69

854.59

921.04

699.77

1,016.14

1,371.30

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,419.12

1,194.69

854.59

921.04

699.77

1,016.14

1,371.30

Share in Profit of Associates

0.00

Minority Interest

126.19

93.20

79.41

112.19

92.14

88.68

77.76

Other related items

0.00

Consolidated Net Profit

1,545.31

1,287.89

933.99

1,033.23

791.91

1,104.82

1,449.06

Equity Capital

0.00

Face Value

10.0

Reserves

10,412.98

9,710.24

8,846.46

8,485.41

8,198.38

7,980.18

7,222.35

Earnings per share (EPS)

8.09

6.81

4.87

5.25

3.99

5.79

7.98

Diluted Earnings per share

8.09

6.81

4.87

5.25

3.99

5.79

7.98

Operating Profit Margin (Excl OI)

74.79%

68.99%

59.3%

52.26%

52.93%

23.03%

21.33%

Gross Profit Margin

30.89%

34.67%

40.8%

49.27%

38.15%

50.45%

59.76%

PAT Margin

14.57%

14.59%

14.96%

17.62%

10.99%

16.6%

22.95%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Jun 2024 is 18.99% vs 43.35% in Jun 2023

Consolidate Net Profit

YoY Growth in year ended Jun 2024 is 19.99% vs 37.89% in Jun 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Jun 2024 is 22.92% vs 49.40% in Jun 2023

Interest

YoY Growth in year ended Jun 2024 is 23.64% vs 79.93% in Jun 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Jun 2024 has improved from Jun 2023

Compare Annual Results Of OLP Financial Services Pakistan Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(PKR)

Change(%)

Net Sales

9,741.19

5,108.59

4,632.60

90.68%

Other Operating Income

0.00

Total Operating income

9,741.19

5,108.59

4,632.60

90.68%

Raw Material Cost

26.81

3,277.01

-3,250.20

-99.18%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,373.68

1,398.03

-24.35

-1.74%

Power Cost

0.00

Manufacturing Expenses

4,925.11

181.21

4,743.90

2,617.90%

Selling and Distribution Expenses

374.40

339.73

34.67

10.21%

Other Expenses

-424.40

-115.78

-308.62

-266.56%

Total Expenditure (Excl Depreciation)

2,455.97

4,038.21

-1,582.24

-39.18%

Operating Profit (PBDIT) excl Other Income

7,285.21

1,070.39

6,214.82

580.61%

Other Income

70.97

80.17

-9.20

-11.48%

Operating Profit (PBDIT)

7,987.68

1,557.78

6,429.90

412.76%

Interest

4,925.11

181.21

4,743.90

2,617.90%

Exceptional Items

-53.53

0.00

-53.53

Gross Profit (PBDT)

9,082.87

1,424.36

7,658.51

537.68%

Depreciation

631.50

407.22

224.28

55.08%

Profit Before Tax

2,377.54

969.35

1,408.19

145.27%

Tax

971.83

667.96

303.87

45.49%

Provisions and contingencies

0.00

Profit After Tax

1,419.12

301.38

1,117.74

370.87%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,419.12

301.38

1,117.74

370.87%

Share in Profit of Associates

0.00

Minority Interest

126.19

0.00

126.19

Other related items

0.00

Consolidated Net Profit

1,545.31

301.38

1,243.93

412.74%

Equity Capital

0.00

Face Value

10.00

0.00

Reserves

10,412.98

5,238.17

5,174.81

98.79%

Earnings per share (EPS)

8.09

1.37

6.72

490.51%

Diluted Earnings per share

8.09

1.37

6.72

490.51%

Operating Profit Margin (Excl OI)

74.79%

20.95%

0.00

53.84%

Gross Profit Margin

30.89%

26.95%

0.00

3.94%

PAT Margin

14.57%

5.90%

0.00

8.67%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 974.12 Million

in Jun 2024

Figures in Million

YoY Growth in year ended Jun 2024 is 18.99% vs 43.35% in Jun 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 154.53 Million

in Jun 2024

Figures in Million

YoY Growth in year ended Jun 2024 is 19.99% vs 37.89% in Jun 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 791.67 Million

in Jun 2024

Figures in Million

YoY Growth in year ended Jun 2024 is 22.92% vs 49.40% in Jun 2023

Annual - Interest

Interest 492.51 Million

in Jun 2024

Figures in Million

YoY Growth in year ended Jun 2024 is 23.64% vs 79.93% in Jun 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 74.79%

in Jun 2024

Figures in %

YoY Growth in year ended Jun 2024 has improved from Jun 2023