GTYR Corporate Briefing Session 2026 Presentation

Key takeaways

• Net sales for FY2026 declined to Rs 16,852.3 million compared to Rs 17,799.7 million in FY2025.
• Gross profit dropped to Rs 1,510.1 million in FY2026 from Rs 2,271.9 million in FY2025, with gross margin narrowing to 8.96%.
• The company reported a loss after tax of Rs 1,006.8 million for FY2026, widening from a loss of Rs 366.1 million in FY2025.
• Loss per share stood at Rs 8.26 for FY2026 compared to Rs 3.00 in FY2025.
• Finance costs were reported at Rs 1,148.3 million for FY2026, lower than Rs 1,351.0 million in the previous year.
• PACRA maintained Gandhara Tyre's long-term credit rating at A+ and short-term rating at A1 with a stable outlook, as announced on 31 July 2026.
• Working-capital improvements included a reduction in trade debts by Rs 951.8 million and stocks by Rs 957.8 million.
• Trade receivable days improved to 59 days from 75 days, and stock days improved to 124 days from 137 days.
• Operating cash flow improved by Rs 2,600.8 million versus FY2025, supported by a cash contribution of Rs 1,609.3 million from working capital changes.
• Total assets as of 30 June 2026 stood at Rs 19,164.4 million with total equity at Rs 5,801.7 million and a current ratio of 0.88x.
• Key operating challenges in FY2026 included supply-chain disruptions caused by regional tensions, raw-material delays, lower plant utilization, and margin pressure from low-cost under-invoiced imports.
• Strategic priorities for FY2027 include supply continuity, cost discipline, increasing raw material stockholding from one month to two-plus months, and expanding domestic replacement market and export channels including DOT, GCC, Turkey, Yemen, and Egypt.
• Planned solar capacity expansion aims to increase installed solar capacity from 1.79 MW to 3.6 MW.