TPL Corp Ltd
PPSX:TPL20.49
PKR
-1.69
(-7.62%)
ISIN
PK0099201011
Return %
Stock
S&P 500
1Y
154.22
14.20
3Y
288.07
81.12
5Y
19.41
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Muhammad Ali Jameel
- Full Time Employees
- 1,563
- Sector
- Electronic technology
- Industry
- Telecommunications equipment
- Address
- Karachi Pakistan
- IPO Date
- Jul 16, 2012
- Similar Companies
- Business
- TPL Corp Limited is a diversified investment holding conglomerate based in Karachi, Pakistan, operating across telematics, digital mapping, insurance, real estate development, financial services, logistics, and venture capital. Founded in 2000 and listed on the Pakistan Stock Exchange under the ticker symbol TPL, the company functions as the principal operating entity under TPL Holdings (Pvt.) Limited, delivering technology-enabled business solutions and financial products across Pakistan and select markets in the Middle East. The company delivers its core products and services through specialized subsidiaries and operating segments: Telematics and Internet of Things (IoT), providing satellite-enabled vehicle tracking, fleet management software, asset tracking, cold chain monitoring, fuel management, and driver behavior analytics via TPL Trakker Limited; Location-Based Services and Digital Mapping, delivering proprietary enterprise GIS mapping, navigation platforms, routing algorithms, and localized application programming interfaces (APIs); General and Life Insurance, offering automotive, fire, marine, home, travel, health, and group life coverage alongside Shariah-compliant general and family Takaful solutions through TPL Insurance Limited and TPL Life Insurance Limited; Real Estate Development and Asset Management, encompassing sustainable commercial, residential, and mixed-use property development, project management, facility maintenance, and Real Estate Investment Trust (REIT) management through TPL Properties Limited and TPL REIT Management Company Limited; and Financial Services and Venture Capital, providing early-stage startup financing and incubation through TPL e-Ventures alongside tech-enabled last-mile logistics and freight delivery solutions. In recent corporate developments, TPL Corp completed the strategic sale of a 76.33% controlling interest in TPL Insurance Limited to Jazz International Holding Limited (a subsidiary of VEON Ltd.) for approximately PKR 4.55 billion, initiating the proposed rebranding of the underwriter to JazzSure Insurance Limited. In the telematics division, subsidiary TPL Trakker Limited completed the transfer of a 50.1% equity stake in Trakker Middle East LLC to the UAE-based Gargash Group to accelerate location-based IoT services across the Gulf Cooperation Council (GCC) region, followed by PSX disclosures regarding majority acquisition interest from an international investment consortium. Additionally, TPL Corp expanded into digital banking through the strategic acquisition of FINCA Microfinance Bank Limited in partnership with fintech firm ABHI, supported by authorized equity investments in ABHI Microfinance Bank, while its real estate unit TPL Properties secured shareholder approval for major equity allocations into TPL REIT Fund I to advance large-scale developments including The Mangrove and One Hoshang projects.