Karachi: Service Long March Tyres Limited held its Corporate Briefing Session for the year 2026, presenting a comprehensive overview of its financial performance over the past four fiscal years, according to a report dated October 15, 2026. The company, which is listed on the Pakistan Stock Exchange, showcased significant growth in various financial metrics, reflecting its robust market performance.
The company's net revenue soared from Rs. 16,116 million in FY2023 to Rs. 71,709 million in FY2026. This surge is a testament to the company's effective strategies and market penetration, with a compound annual growth rate (CAGR) of 64%. The gross margin exhibited a big move with an increase from 9.4% in FY2023 to 25.3% in FY2026.
Operating profit experienced a very large or significant move, rising from Rs. 762 million in FY2023 to Rs. 14,261 million in FY2026, marking a CAGR of 166%. Profit after taxation followed a similar trajectory, with a significant move from a loss of Rs. 547.2 million in FY2023 to a profit of Rs. 13,529 million in FY2026, reflecting a CAGR of 59%.
According to information available from the Pakistan Stock Exchange (PSX), Service Long March Tyres Limited has demonstrated a strong commitment to rewarding its shareholders. The dividend payout increased from 37% in FY2024 to 48% in FY2026, with the dividend per share rising from Rs. 0.28 to Rs. 0.83 over the same period. This reflects a very large or significant move in dividend growth with a CAGR of 72%.
The balance sheet highlights substantial growth in fixed and current assets. Fixed assets grew from Rs. 20,356 million in FY2023 to Rs. 38,374 million in FY2026, while current assets saw a very large or significant move, increasing from Rs. 12,281 million to Rs. 37,592 million. Current liabilities rose from Rs. 11,901 million to Rs. 23,951 million, and equity more than tripled from Rs. 12,026 million to Rs. 45,733 million, signifying a CAGR of 56%.
Service Long March Tyres Limited's financial performance over the past four years reflects its strategic initiatives and strong market positioning, setting a solid foundation for future growth in the designated market category.