Treet Battery Limited (TBL) reported consolidated earnings per share of PKR 0.05 for FY25, compared to loss per share of PKR 0.43 in FY24. Furthermore, in 1QFY26, the company reported loss per share of PKR 0.11, compared to loss per share of PKR 0.02 in the same period last year (SPLY).
Treet Battery Limited has entered into a strategic partnership with Highstar Digital Energy Technology Co., Ltd., a leading Chinese energy-storage manufacturer, for the import and sale of lithium iron batteries in Pakistan. In the initial phase, the company will operate as a trader however, subject to market demand and commercial viability, management indicated that a local assembly line may be established in the future.
TBL maintains exclusive agreements with major automotive OEMs in Pakistan, including Ghandhara, Sazgar, and others. OEMs generally prefer TBL due to strong battery backup performance, whereas competitor brands are perceived to lack the required durability.
Management noted that car battery sales volumes in 1QFY26 were significantly stronger. Customer preferences are shifting toward the MF battery segment. The current revenue mix is approximately 50-50 between vehicle batteries and the backup/UPS battery segment, while volumetrically, around 80% of sales come from vehicle batteries. Despite intensified competition and market battery prices declining by 20–30% over the past year TBL successfully maintained its revenue base. Management reiterated that TBL’s position with Pakistan’s OEMs remains strong, supported by longstanding exclusive supply arrangements.
Important Disclosures
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