Panther Tyres Limited

Panther Tyres Limited

PPSX:PTL
45.00
PKR
-0.51
(-1.12%)
Dec 02Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Mian Faisal Iftikhar
Full Time Employees
3,074
Sector
Consumer durables
Industry
Automotive aftermarket
Address
Lahore Pakistan
IPO Date
Feb 22, 2021
Business
Panther Tyres Limited manufactures, markets, and distributes tyres, tubes, and automotive lubricants for original equipment manufacturers and the replacement market. The company operates through integrated manufacturing, distribution, and export segments, offering a comprehensive range of pneumatic tyres and inner tubes designed for diverse vehicle categories. Its core product portfolio comprises motorcycle and scooter tyres and tubes; three-wheeler auto-rickshaw and loader tyres and tubes; agricultural tractor and farm implement tyres and tubes; light commercial vehicle, truck, and bus tyres; industrial, construction, and earthmover tyres; and automotive lubricants, including four-stroke motorcycle engine oils, diesel engine lubricants, passenger car motor oils, gear oils, and hydraulic fluids under the Panther brand. The company serves automotive assemblers, commercial transport operators, agricultural enterprises, and individual consumers across Pakistan, while maintaining export operations to countries across Asia, the Middle East, Africa, and Europe. In recent developments, Panther Tyres Limited has expanded its production capacity and technical capabilities through investments in high-precision tyre building machinery and automated curing presses, specifically enhancing output for tubeless motorcycle tyres and specialized agricultural applications. To mitigate rising energy costs and enhance operational resilience, the company completed the installation and expansion of on-site solar power generation facilities at its main manufacturing complex. Furthermore, Panther Tyres has broadened its automotive lubricants division with new product formulations and expanded dealer distribution networks, while accelerating international export penetration into select African and regional Asian markets to diversify foreign exchange earnings. Panther Tyres Limited was founded in 1983 and is headquartered in Lahore, Pakistan, with principal manufacturing facilities situated in Sheikhupura, Pakistan.