MILLAT TRACTORS LIMITED Millat Tractors Limited
Corporate Briefing Session
Financial year ended 30 June 2022
25 November 2022
Table of contents
Company overviewIndustry informationFinancial performanceFuture OutlookQ&A Session
Millat Tractors Limited
2
Millat Tractors LimitedCompany Overview
- Public Limited Company - Listed on Pakistan Stock Exchange(PSX)
- Established in 1964, Nationalized in 1972, Employee/Management buyout in 1992,
- Quality Management system upgraded to ISO 9001:2000 in 2000,
- Launch of Emission Compliant Diesel Engines and Export Tractor Models in 2017,
- Achieved highest ever sales in 2018 and continuing…
- Market capitalization exceeding 78 billion Rupees (PSX)
- 35th Excellence in Corporate Management award by Management Association of Pakistan - 02 years consecutive.
- Top 25 PSX Company awarded by PSX consecutively for the year 2017,2018 and 2019.
-
Merit certificate for the best corporate report award by joint committee of ICAP &
ICMAP
- Millat Tractors Limited
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MILLAT GROUP
Millat Tractors Limited
Subsidiary Companies | Others |
75%
Rs. 85 million.
- (Free Zone Company under Regulations
of DMCC)
- Trading arm of the company
- Millat Tractors Limited
Millat
Industrial
Products
Limited
64.09%
Rs. 57 million
- Public Limited Company - (Unlisted)
- Manufacturer of automotive & UPS batteries
Millat
Equipment
Limited
45%
Rs. 117 million
- Public Limited Company -
(Unlisted)
-
Manufacturer of tractor components
- Gears
Bolan
Castings
Limited
46.26%
Rs. 77
million
- Public Limited Company - (Listed on PSX)
- Manufacturer of casting components
Hyundai Nishat | |
Motors | Baluchistan |
(Private) | |
Wheels Limited | |
Limited | |
9.62% | |
15.86% | |
* Rs. 97 million | |
* Rs. 3,785 | |
million |
- MARKET FAIR VALUE
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TIPEG Intertrade DMCC
- TIPEG INTERTRADE DMCC is a free zone company with limited liability registered with Dubai Multi Commodities Centre Authority, the company was incorporated in 2012.
- TIPEG INTERTRADE DMCC, is a trade hub established to promote locally manufactured engineering equipment and components worldwide. Based under the Umbrella of Millat Tractors, Tipeg is determined to bridge distance and technical gaps between local manufactures and global markets for two way trading.
- Tipeg sale remained at $8.5 million in 2021-22.
- Dividend received during the year is Rs. 186 million.
Millat Tractors Limited
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Millat Tractors Ltd. published this content on 22 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2022 10:35:10 UTC.
