Karachi: Sazgar Engineering Works Limited has reported a substantial surge in its financial performance for the year ending in 2026, driven predominantly by a marked increase in sales volumes of its GWM-NAVAL and WM Tank-500 branded vehicles. The financial results were shared ahead of the company's Corporate Briefing Session (CBS) scheduled for September 26, 2026, as per the announcement made through PUCARS POST ID: 283317 dated September 24, 2026.
The company's turnover for 2026 reached 191.72 billion, reflecting a 76.38% increase from the previous year. This significant move is attributed to the increased demand for Sazgar's automotive offerings. Gross profit similarly showed a very large increase, rising from 31.64 billion in 2025 to 46.48 billion in 2026.
Net profit after tax saw a big move, climbing 44.49% to 23.60 billion from 16.34 billion the previous year. Equity also experienced a very large increase, growing by 81.44% to 43.02 billion. The company's non-current assets recorded an even more striking growth, expanding by 188.45% to 23.14 billion, primarily due to the expansion of four-wheel manufacturing facilities and the acquisition of new land.
According to information available from the Pakistan Stock Exchange (PSX), Sazgar's key financial ratios reflected the company's robust performance. The gross profit ratio stood at 24.24% in 2026, while the profit before tax ratio reached 20.16%. The earnings per share climbed to 711.64 Rs., and the market value per share rose to 2,063.49 Rs.
On the liabilities side, the company reported a very large increase in both non-current and current liabilities. Non-current liabilities surged by 624.90% to 6.84 billion, attributed to a new loan facility obtained during the year, while current liabilities increased by 86.12% to 31.80 billion.
The comprehensive financial performance underscores Sazgar Engineering Works Limited's strategic expansion and capital investments, facilitating its position within the designated market category of automotive manufacturing and strengthening its competitive edge in the sector.