AGTL Al-Ghazi Tractors Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 378.98 +2.83%
Financials
Al-Ghazi Tractors Limited (AGTL) financials
20 years of annual results (FY2006 – FY2025), 80 quarters.
Al-Ghazi Tractors Limited (AGTL) reported revenue of Rs 20.4 bn for FY2025 (Jan – Dec 2025), down 41.1% from FY2024.
Profit attributable to shareholders was Rs 1.3 bn (EPS Rs 22.44), down 63.3%, a net margin of 6.4%.
No cash dividend was declared for FY2025.
The balance sheet showed net cash of Rs 1.4 bn.
Return on equity was 13.2%.
Over the last five years revenue grew at a compound 11.3% a year.
At Rs 378.98 (close on 16 Oct 2026) the shares trade at 7.9× earnings (TTM to Jun 2026) and 1.83× book value.
Fundamentals
AGTL at a glance
Revenue · FY2025
Rs 20.4 bn
▼ 41.1% year on year
Profit attributable to shareholders · FY2025
Rs 1.3 bn
▼ 63.3% year on year
EPS – basic (Rs) · FY2025
Rs 22.44
▼ 63.3% year on year
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
6.4%
-3.9 pts year on year
Debt to equity · FY2025
0.3%
-26.6 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 20.4 bn
- Profit attributable · FY2025
- Rs 1.3 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 18.9 bn
- Equity · FY2025
- Rs 10.5 bn
Financial highlights
AGTL financial results
| Rs bn | FY2025 * Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20.4 | 34.6 | 34.5 | 28.2 | 20.6 | 11.9 | 14.0 | 19.3 | 18.9 | 12.1 |
| Gross profit | 5.2 | 8.4 | 6.4 | 5.0 | 4.7 | 2.8 | 2.5 | 4.6 | 5.3 | 3.3 |
| Operating profit | 2.4 | 6.0 | 4.5 | 3.9 | 4.1 | 2.0 | 1.7 | 3.8 | 4.5 | 2.8 |
| Profit after tax | 1.3 | 3.5 | 2.6 | 2.2 | 3.0 | 1.3 | 1.0 | 2.5 | 3.1 | 1.9 |
| Profit attributable to shareholders | 1.3 | 3.5 | 2.6 | 2.2 | 3.0 | 1.3 | 1.0 | 2.5 | 3.1 | 1.9 |
| EPS – basic (Rs) Rs | 22.44 | 61.11 | 45.06 | 37.20 | 51.03 | 23.28 | 16.87 | 42.31 | 53.88 | 33.24 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 51.03 | 21.39 | 15.00 | 39.00 | 87.50 | 62.50 |
| Total assets | 18.9 | 20.4 | 14.2 | 12.3 | 9.5 | 5.2 | 5.5 | 6.8 | 5.9 | 4.6 |
| Total equity | 10.5 | 9.2 | 5.8 | 3.1 | 4.0 | 2.3 | 0.9 | 1.4 | 2.1 | 3.4 |
| Total debt | 0.0 | 2.5 | 1.7 | 3.8 | 0.0 | 1.6 | 3.6 | 4.0 | 0.0 | 0.0 |
| Net cash from operating activities | 3.8 | (0.4) | 3.5 | (4.2) | 4.7 | 2.2 | 2.0 | (1.1) | 3.9 | 3.4 |
| Capital expenditure | (0.9) | (1.1) | (0.5) | (0.3) | (0.1) | (0.1) | (0.3) | (0.2) | (0.1) | (0.1) |
| Free cash flow (operating cash flow − capex) | 2.9 | (1.5) | 3.0 | (4.4) | 4.6 | 2.1 | 1.6 | (1.3) | 3.8 | 3.3 |
| Rs bn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26.6 | 6.9 | 7.0 | 10.6 | 2.0 | 4.1 | 3.6 | 10.7 | 6.3 |
| Gross profit | 7.5 | 1.8 | 1.9 | 3.4 | 0.4 | 0.6 | 0.8 | 2.7 | 1.8 |
| Operating profit | 4.7 | 1.2 | 1.1 | 2.6 | (0.2) | 0.0 | 0.2 | 2.0 | 1.2 |
| Profit after tax | 2.8 | 0.8 | 0.7 | 1.6 | (0.2) | 0.0 | 0.1 | 1.2 | 0.6 |
| Profit attributable to shareholders | 2.8 | 0.8 | 0.7 | 1.6 | (0.2) | 0.0 | 0.1 | 1.2 | 0.6 |
| EPS – basic (Rs) Rs | 48.19 | 13.29 | 11.69 | 27.10 | (3.89) | 0.47 | 1.01 | 20.24 | 10.93 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 20.4 | 20.4 | 20.5 | 18.9 | 19.4 | 19.1 | 19.4 | 20.4 | 21.8 |
| Total equity | 12.0 | 12.0 | 11.2 | 10.5 | 8.9 | 9.1 | 9.3 | 9.2 | 8.1 |
| Total debt | 0.0 | 0.0 | 0.0 | 0.0 | 3.5 | 3.8 | 2.6 | 2.5 | 4.7 |
| Net cash from operating activities | 8.6 | 1.2 | 1.9 | 4.9 | 0.5 | (1.1) | (0.6) | 2.9 | (2.9) |
| Capital expenditure | (1.0) | (0.2) | (0.1) | (0.3) | (0.4) | (0.1) | (0.1) | (0.1) | (0.5) |
| Free cash flow (operating cash flow − capex) | 7.6 | 1.0 | 1.8 | 4.7 | 0.1 | (1.2) | (0.7) | 2.7 | (3.4) |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. * Some FY2025 figures do not fully reconcile in the source data. Updated 16 Oct 2026.