Sazgar Engineering Works (SAZEW) - FY26 EPS PKR 390.51 aur Net Revenue 77% barh kar PKR 192 Bn ho gaya Sazgar Engineering (SAZEW) FY26 EPS jumps 44% YoY to PKR 390.51 with Net Revenue surging 77% to PKR 192 Bn
Sazgar Engineering Works Limited (SAZEW) - Corporate Briefing Notes
Chase Securities | September 26, 2026
Chase Securities ne Sazgar Engineering Works Limited (SAZEW) ke liye corporate briefing notes jari kiye hain, jismein company ki FY26 ki financial performance aur future expansion plans ka jaiza liya gaya hai.
Financial Highlights (FY25 vs FY26)
Company ne FY26 mein zabardast growth record ki hai:
- Net Sales / Revenue: FY26 mein PKR 192,000 Mn tak puhanch gayi, jo ke FY25 ke PKR 108,694 Mn ke muqable mein 77% zyada hai.
- Gross Profit: FY25 ke PKR 31,642 Mn se barh kar FY26 mein PKR 46,476 Mn (47% YoY growth) ho gaya.
- Gross Margin: Cost of sales barhne ki wajah se gross margin 29% se kam ho kar 24% par agya.
- Profit After Tax (PAT): FY25 ke PKR 16,336 Mn ke muqable mein FY26 mein PKR 23,605 Mn raha, jo ke 44% growth zahir karta hai.
- EPS: FY26 mein EPS PKR 390.51 raha, jabkay FY25 mein yeh PKR 270.26 tha (44% increase).
- DPS: Management ne FY26 ke liye PKR 70.00 dividend per share announce kiya (vs PKR 52.00 in FY25).
Key Operational Highlights & Catalysts
- Production Capacity: Maujuda plant ki capacity 100 vehicles per day hai, jisay expansion ke baad 180 vehicles per day tak le jane ka irada hai.
- New Lineup & Launches: Pakistan Auto Show mein Pakistan ka sab se bara NEV lineup paish kiya gaya. Management ke mutabiq mazeed new launches bhi jald mutaarif karwayi jayengi jin mein pickup trucks aur Arcfox EVs shamil hain.
- Dealership Network: After-sales service par tawajju dete huay 32 3S dealerships maujud hain aur 5 mazeed pipeline mein hain.
- Market Leadership: Haval H6 apne segment mein market leader barqarar hai.
Risks & Future Outlook
- Company naye auto policy ke unveiling ka intezar kar rahi hai taake sales, pricing aur localization plans par mazeed commentary ki ja sakay.
- Gross margins mein kami (29% se 24%) cost pressures ko zahir karti hai.
Sazgar Engineering Works Limited (SAZEW) - Corporate Briefing Notes
Chase Securities | September 26, 2026
Chase Securities has released corporate briefing notes for Sazgar Engineering Works Limited (SAZEW), reviewing the company's robust FY26 financial performance, expansion initiatives, and upcoming vehicle lineups.
Financial Highlights (FY25 vs FY26)
The company posted strong growth across key financial metrics:
- Net Sales: Reached PKR 192,000 Mn in FY26, up 77% YoY compared to PKR 108,694 Mn in FY25.
- Gross Profit: Increased by 47% YoY from PKR 31,642 Mn in FY25 to PKR 46,476 Mn in FY26.
- Gross Margin: Contracted from 29% in FY25 to 24% in FY26 due to cost pressures.
- Profit After Tax (PAT): Grew 44% YoY to PKR 23,605 Mn in FY26 compared to PKR 16,336 Mn in FY25.
- Earnings Per Share (EPS): Stood at PKR 390.51 in FY26 vs PKR 270.26 in FY25 (up 44%).
- Dividend Per Share (DPS): Announced at PKR 70.00 for FY26 compared to PKR 52.00 in FY25.
Operational Updates & Catalysts
- Production Expansion: Current plant capacity is 100 vehicles/day, expected to reach 180 vehicles/day post-expansion.
- New Product Launches: Unveiled Pakistan's largest NEV lineup at the Pakistan Auto Show; multiple new launches including pickup trucks and Arcfox EVs are expected soon.
- Network & Market Share: Dealership network comprises 32 3S dealerships with 5 more in the pipeline, focusing on after-sales to retain market share. Haval H6 remains the market leader in its segment.
Risks & Outlook
- Management is awaiting the announcement of the new auto policy before commenting on future sales, pricing, or localization plans.