Al-Ghazi Tractors Income Statement

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	20,371	34,574	34,544	28,202	20,579
Revenue Growth (YoY)	-41.08%	0.09%	22.49%	37.04%	72.42%
Cost of Revenue	15,206	26,063	28,200	23,203	15,763
Gross Profit	5,165	8,511	6,343	4,999	4,816
Selling, General & Admin	2,528	2,248	1,503	855.89	471.37
Other Operating Expenses	171.69	422.9	356.46	-	312.31
Operating Expenses	2,700	2,671	1,860	855.89	783.68
Operating Income	2,465	5,840	4,483	4,143	4,032
Interest Expense	-288.69	-442.96	-123.83	-142.3	-7.64
Interest & Investment Income	-	82.31	444.25	107.15	91.06
Currency Exchange Gain (Loss)	-	14.56	-230.02	-99.17	-
Other Non Operating Income (Expenses)	-	204.49	102.7	-214.8	51.13
EBT Excluding Unusual Items	2,177	5,698	4,677	3,794	4,167
Gain (Loss) on Sale of Assets	-	10.46	10.58	2.23	2.75
Pretax Income	2,177	5,709	4,687	3,796	4,170
Income Tax Expense	875.78	2,166	2,075	1,640	1,212
Net Income	1,301	3,542	2,612	2,156	2,958
Net Income to Common	1,301	3,542	2,612	2,156	2,958
Net Income Growth	-63.28%	35.63%	21.14%	-27.11%	119.16%
Shares Outstanding (Basic)	58	58	58	58	58
Shares Outstanding (Diluted)	58	58	58	58	58
Shares Change (YoY)	0.01%	-	-	-	-
EPS (Basic)	22.44	61.11	45.06	37.20	51.03
EPS (Diluted)	22.44	61.11	45.06	37.20	51.03
EPS Growth	-63.28%	35.63%	21.14%	-27.11%	119.16%
Free Cash Flow	3,052	-1,020	2,583	-4,543	4,504
Free Cash Flow Per Share	52.65	-17.59	44.56	-78.38	77.70
Dividend Per Share	-	-	-	-	51.030
Dividend Growth	-	-	-	-	138.57%
Gross Margin	25.35%	24.62%	18.36%	17.72%	23.40%
Operating Margin	12.10%	16.89%	12.98%	14.69%	19.60%
Profit Margin	6.39%	10.24%	7.56%	7.65%	14.37%
Free Cash Flow Margin	14.98%	-2.95%	7.48%	-16.11%	21.88%
EBITDA	2,997	6,084	4,656	4,260	4,117
EBITDA Margin	14.71%	17.60%	13.48%	15.10%	20.01%
D&A For EBITDA	532.19	243.9	173.03	116.96	84.85
EBIT	2,465	5,840	4,483	4,143	4,032
EBIT Margin	12.10%	16.89%	12.98%	14.69%	19.60%
Effective Tax Rate	40.24%	37.95%	44.28%	43.20%	29.06%
Advertising Expenses	-	183.45	88.74	62.6	5.21

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.