31‐Oct‐23

WELCOME

CORPORATE BRIEFING SESSION

NOVEMBER 07, 2023

For the year ended June 30, 2023

ATTOCK PETROLEUM LIMITED

1

31‐Oct‐23

GROUP COMPANIES

Attock Group of Companies is the only fully integrated group covering all segments of oil and gas industry from exploration, production and refining to marketing of petroleum products, besides being also

engaged in power generation, manufacturing and trading of cement etc.

www.apl.com.pk

INCORPORATION AND

SHAREHOLDING STRUCTURE

  • APL was incorporated in 1995 with investments from Pharaon Investment Group Limited, The Attock Oil Company Limited and its Group Companies.

CURRENT SHAREHOLDING

Pharaon Investment Group Limited Holding SAL

34.38%

Attock Refinery Limited

21.88%

APL Employees Welfare Trust

7.04%

Pakistan Oilfields Limited

7.02%

Directors/Executives

6.83%

The Attock Oil Company Limited

2.20%

General Public/Other Institutional Shareholders

20.65%

Total

100.00%

www.apl.com.pk

2

31‐Oct‐23

HIGHLIGHTS 2022-23

1. 3rd largest Oil Marketing Company in the Country (10.1% Market Share)

  1. Commissioned 70 Company Financed and Company Owned & Company Operated state-of-the-art Retail Outlets
  2. Commissioned 32 new retail outlets and phased out 09 retail outlets under a retail network purification plan, during the year.
  3. Commissioned 754 Retail Outlets spread across the Country (June 2023)
    Total Storage Capacity of 192,397 M.Tons at eight depots Rawalpindi, Machike
  4. (Sheikupura), Sahiwal, Korangi (Karachi), Port Qasim (Karachi), Mehmoodkot, Daulatpur and Shikarpur.

www.apl.com.pk

HIGHLIGHTS 2022-23

  1. Construction of Bulk Oil Terminals at Dera Ismail Khan is underway and expected to be completed by end of 2023, adding 17,500 M. tons of storage capacity .
    Country's largest Fuel Farm Facility at Islamabad International Airport in Joint
  2. Venture with another OMC having a storage capacity of 10,000 M.Tons serving aviation fuel to leading domestic and international airlines.
    Established a dedicated pipeline connecting Fauji Oil Terminal & Distribution
  3. Company (FOTCO) Jetty to APL Port Qasim Terminal, facilitating the start of imported product reception at our Port Qasim Terminal.
    Expanding into the Liquefied Petroleum Gas (LPG) market to seize profitable
  4. opportunities, with all required approvals secured for a state-of-the-art storage and filling facility.

10. Unveiled very own café, "At-Café", situated strategically within the bustling retail hub of Blue Area, Islamabad

www.apl.com.pk

3

31‐Oct‐23

OVERALL MARKET SHARE

2022-23 vs 2021-22

Percentage

75

50

25

0

Jul - Jun 2022-23(Quantity in M. Tons)

APL

1.74 Million

25%

49.750.6

Industry

17.40 Million

26%

Jul - Jun 2021-22(Quantity in M. Tons)

APL

2.32 Million

Industry

23.43 Million

10.2 9.3

10.110.0

7.5

7.7

6.9

12.0 12.2

5.6

2.4 2.2

2.5 1.1

PSO

TPPL

APL

Shell

GO

Hascol

P.Pearl

Other 24

OMCs

2%

9%

1%

3%

19%

123%

11%

2%

Source: OCAC (Oil Companies Advisory Council) Report

www.apl.com.pk

FINANCIAL PERFORMANCE FOR THE YEAR

ENDED JUNE 30, 2023

(compared with last financial year)

www.apl.com.pk

4

31‐Oct‐23

Rupees In Million

FINANCIAL PERFORMANCE FOR THE YEAR

Profit & Loss

Industry Sales Volume (Qty in M.Tons)

17,402,001

23,427,038

26%

APL Sales Volume (Qty in M.Tons)

1,841,391

2,411,338

24%

Average Selling Price (Rs./M.Ton)

264,861

165,212

60%

41,003

Gross Sales Revenue (Rs. in Million)

487,718

398,384

22%

45,000

Earnings Per Share (Rs./Share)

100.15

148.99

33%

40,000

32,760

30,610

35,000

26,071

30,000

20,385

25,000

18,407

18,536

20,000

12,461

15,000

10,000

5,000

0

Gross Profit

Operating Profit

Profit before Tax

Profit after Tax

36%

44%

33%

33%

www.apl.com.pk

2022-23

2021-22

PERFORMANCE FOR THE YEAR

Sales Volume Break-Up

Total Sales Volume (Qty in M.Tons) 1,841,391 2,411,338 24%

Volumes in M.Tons

800,000

700,000611,847

600,000

500,000 421,653

400,000

300,000

232,685

200,000

146,900

89,854139,375

93,676

67,204

80,684

100,000

48,183

0

Furnace Oil

High Speed Diesel

Bitumen

Jet Petroleum

Others

(Aviation)

31%

37%

36%

16%

28%

Industrial Sales

2022-23

734,636

625,194

533,276

404,598

11,631

11,333

Premier Motor

High Speed Diesel

Others

Gasoline

15%

24%

3%

Retail Outlets Sales

2021-22

5

31‐Oct‐23

FINANCIAL PERFORMANCE FOR THE YEAR

Other Income & Expenses

Earnings Per Share (Rs./Share)

100.15

148.99

33%

Rupees In Million

20,000

18,536

18,000

16,000

14,323

14,000

12,461

12,000

10,215

9,408

9,383

10,000

8,000

6,000

3,213

4,000

1,731

1,623

349

2,000

21

0

(2,000)

(11)

Other Income

Net impairment

Net Finance Income

Operating Expenses

Other Charges & Provision

Profit for the Year

(loss)/reversal on

for Taxation

financial assets

7% 103% 15,200%8% 34% 33%

www.apl.com.pk

2022-23

2021-22

QUARTERLY PERFORMANCE COMPARISON

Rupees In Million

19,910

20,000

18,000

16,000

14,000

12,000

10,000

7,859

8,540

7,289

8,000

6,000

4,694

4,221

4,638

4,000

2,388

2,000

0

Jul‐Sep Oct‐Dec Jan‐Mar Apr‐Jun

9,991

7,832

6,294

4,290

4,298

1,954

2,625

1,248

Jul‐Sep Oct‐Dec Jan‐Mar Apr‐Jun

2021‐22

2022‐23

GROSS PROFIT

NET PROFIT

www.apl.com.pk

6

31‐Oct‐23

DETAIL OF STORAGE CAPACITIES

As at June 30, 2023

STORAGE TERMINAL

M. TONS

1.

Rawalpindi Bulk Oil Terminal

19,420

2.

Machike Bulk Oil Terminal

60,998

3.

Korangi Bulk Oil Terminal

14,468

4.

Mehmoodkot Bulk Oil Terminal

17,028

5.

Shikarpur Bulk Oil Terminal

10,987

6.

Sahiwal Bulk Oil Terminal

16,128

7.

Daulatpur Bulk Oil terminal

13,887

8.

Port Qasim Bulk Oil Terminal

39,481

Total

192,397

www.apl.com.pk

NUMBER OF RETAIL OUTLETS

As at June 30

Numbers

1000

702

738

731

754

800

662

600

400

200

0

2019

2020

2021

2022

2023

Years

www.apl.com.pk

7

31‐Oct‐23

PROVINCE-WISE SPREAD OF RETAIL OUTLETS

As at June 30, 2023

PROVINCE

URBAN

HIGHWAY

RURAL

TOTAL

Punjab

187

260

34

481

Sindh

41

63

5

109

Khyber Pakhtunkhwa

28

60

10

98

Balochistan

1

4

-

5

Northern Areas

3

6

-

9

Azad Jammu-Kashmir

12

10

1

23

Islamabad

22

6

1

29

TOTAL

294

409

51

754

www.apl.com.pk

PRICE BREAKUP OF PETROLEUM PRODUCTS

As at October 01, 2023

Ex-Refinery /Cost of Supply

Petroleum Levy

Inland Freight Equalization Margin (IFEM)

OMC's Margin

Dealer's Commission

Ex-Depot Price (excl. Sales Tax)

Sales Tax (0% on HSD & PMG)

Maximum Ex-Depot Sales Price

High Speed Diesel

Premier Motor Gasoline

(Retail)

(Retail)

Rs. Per Litre

Rs. Per Litre

252.62

243.09

50.00

60.00

0.80

5.53

6.94

6.94

7.82

7.82

318.18

323.38

-

-

318.18

323.38

www.apl.com.pk

8

31‐Oct‐23

550

500

450

(%)

400

350

Percentage

300

250

200

150

100

50

-

Paid up

Capital (Rs.)

Profit after

Tax (Rs.)

www.apl.com.pk

DIVIDEND HISTORY

0

25

0

0

20

0

0

0

475

425

0

450

345

400

400

275

0

270

200

90

2013-142014-152015-162016-17

2017-182018-192019-20

2020-212021-222022-23

829m

829m

829m

829m

829m

995m

995m

995m

995m

1,244m

4,327m

3,286m

3,829m

5,299m

5,656m

3,961m

1,008m

4,920m

18,536m

12,461m

CASH DIVIDEND

BONUS ISSUE

Rs/Share (Quarter end)

www.apl.com.pk

MARKET ANALYSIS

MOVEMENT IN MARKET VALUE PER SHARE ON PSX

FOR THE YEAR JULY - JUNE 2022-23

400

  1. 279 290 294 300

250

200

162

144

126

150

118

111

107

116

78

100

39

50

26

24

21

6

6

6

6

0

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

Sep

Dec

Mar

Jun

30

31

31

30

30

31

31

30

30

31

31

30

30

31

31

30

30

31

31

30

APL

PSO

Shell

Hascol

Highest

399.0

196.5

139.7

44.9

8.9

(Jul-Jun) Rs./Share

Lowest

275.0

98.8

67.4

20.1

3.6

(Jul-Jun) Rs./Share

Paid-upCapital (as at Jun 30, 2023)

124.42

469.47

214.02

139.20

999.12

No. of Shares (in Million) of Rs.10/- each

Market Capitalization

37,356 Millions

52,116 Millions

24,752 Millions

2,955 Millions

5,545 Millions

(as at Jun 30, 2023) Rs.

9

31‐Oct‐23

CRUDE OIL PRICES

FOR THE YEAR JULY - JUNE 2022-23 VS 2021-22

140

ARAB LIGHT

120

113.0

116.4

109.0

100

117.3

99.3

80.8

86.2

107.2

104.9

91.6

83.8

85.7

83.5

74.2

75.0

96.2

80.3

$/BBL

80

93.8

82.8

82.4

83.6

75.5

77.7

77.2

71.4

60

40

20

0

Arab Light

JUL - JUN 2021-22 ($/BBL)

JUL - JUN 2022-23 ($/BBL)

MAX

AVG

MIN

MAX

AVG

MIN

Arab Light

117.27

91.13

71.36

108.98

89.30

77.18

www.apl.com.pk

POL PRODUCTS PRICES

RUPEES/LITRE

320

280

240

200

160

120

80

40

FOR THE YEAR JULY - JUNE 2022-23 VS 2021-22

HIGH SPEED DIESEL

293.0

288.0

276.5

280.0

260.5

262.8

283.4

253.0

245.0

247.4

235.3

235.3

275.8

279.1

235.3

275.3

227.8

261.4

219.1

208.2

238.6

236.4

229.6

243.7

251.9

226.1

216.3

221.0

176.5

204.2

142.6

141.6

144.6

144.2

144.2

142.6

114.0

116.5

115.0

122.0

144.2

136.6

124.2

134.8

126.1

124.3

91.6

91.1

103.1

90.2

Ex‐Depot Sales Price

Cost Price*

JUL - JUN 2021-22

(Rs./Litre)

JUL - JUN

2022-23 (Rs./Litre)

MAX

AVG

MIN

MAX

AVG

MIN

Ex-Depot Sales Price

263.31

141.66

113.99

293.00

254.60

227.80

Cost Price

257.45

139.97

90.22

289.01

246.43

216.28

*Cost Price = Ex-Refinery Price + Petroleum Levy

Note: Prices are changed on fortnightly basis, however, here we have presented prices applicable at the beginning of the month only.

10

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Attock Petroleum Ltd. published this content on 31 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2023 11:01:43 UTC.