Pak-Gulf Leasing Co. Ltd.
PPSX:PGLC13.00
PKR
-0.55
(-4.06%)
ISIN
PK0075401015
Return %
Stock
S&P 500
1Y
-23.53
14.20
3Y
164.23
81.12
5Y
299.84
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Karachi Pakistan
- IPO Date
- Sep 18, 1996
- Website
- pakgulfleasing.com
- Similar Companies
- Business
- Pak-Gulf Leasing Company Limited is a Pakistan-based non-banking financial institution primarily engaged in the provision of conventional lease financing and Shariah-compliant Islamic financing solutions to corporate, commercial, and individual clients. Established in December 1994 and commencing commercial operations in September 1996, the company operates as part of the Unibro Group and is headquartered in Karachi, Pakistan, maintaining branch operations in Lahore. The company is publicly listed on the Pakistan Stock Exchange under the ticker symbol PGLC. The company offers a comprehensive range of asset-backed financing products and deposit mobilization instruments; its core products and services comprise financial lease facilities for industrial plant, manufacturing machinery, commercial equipment, and power generation units; automotive lease financing for commercial fleets, commercial vehicles, and private automobiles; Shariah-compliant Ijarah financing facilities for plant, equipment, and motor vehicles; and investment products consisting of Certificates of Investment issued in tenors of 12, 24, and 36 months to retail, high-net-worth, and corporate depositors. Pak-Gulf Leasing Company Limited targets small and medium-sized enterprises as well as large corporate entities operating across diverse industry sectors, including textiles, energy, oil and gas, engineering, pharmaceuticals, steel, chemicals, transport, construction, and healthcare. In recent operational developments, Pak-Gulf Leasing Company Limited has maintained a conservative credit risk management strategy in response to domestic interest rate fluctuations and macroeconomic challenges, prioritizing asset quality, selective portfolio underwriting, and repeat business with established corporate relationships over aggressive volume growth. The company has reinforced its financial stability and funding profile, as evidenced by VIS Credit Rating Company Limited reaffirming its entity ratings at A- for the long term and A-2 for the short term with a Stable outlook in late 2024. In addition, the company has actively managed its liquidity by expanding its Certificate of Investment deposit base, enhancing its Shariah-compliant Islamic finance footprint through tailored Ijarah arrangements, and upgrading internal risk evaluation frameworks to support sustainable balance sheet performance.