Sazgar Engineering Works Limited reported earnings per share of PKR 390.51 in FY26 against earnings per share of PKR 270.26 in FY25 an increase of 44%. Net revenue in FY26 reached PKR 192 Bn, a rise of 77% compared to FY25 with PKR 109 Bn. The company saw its gross margin decrease from 29% in FY25 to 24% in FY26.
The company management highlighted that it revealed the largest NEV lineup of Pakistan at the Pakistan Auto Show last week demonstrating its preparation for the future alongside its expansion initiatives. Currently the company’s plant is capable of producing up to 100 vehicles a day while post expansion it expects this could reach 180 vehicles a day.
The dealership network currently consists of 32 3S dealerships with 5 more in the pipeline. This is a part of the company’s plan to focus on after sales to retain market share. It was apprised that while the product mix may have changed the Haval H6 remains the market leader in its segment.
With regards to new launches, the management guided that multiple launches were expected soon including pickup trucks and Arcfox EVs. Currently, the company is waiting for the unveiling of the new auto policy before it can comment on sales, pricing or localization plans moving forward.
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