$GTYR Ghandhara Tyre & Rubber Company Ltd. (GTYR): FY25 and 1QFY26 Analyst Briefing Takeaways – By AKD Research
$GTYR
Ghandhara Tyre & Rubber Company Limited
Rs. 31.85
-3.40%
- To recall, company posted a topline of PkR17.8bn in FY25, compared to PkR20.5bn in the SPLY, down 13%YoY. The decline was mainly attributable to lower farm tyre sales, driven by weakening farm economics.
- Company reported a loss of PkR970mn (LPS: PkR3.00) for the year, compared to a profit of PkR241mn (EPS: PkR1.88) in FY24, primarily due to gross margin attrition.
- Going forward, management expects gross margin in FY26 to grow marginally from current level.