Corporate Briefing Session – Key Takeaways
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Air Link Communication (AIRLINK) held its Corporate Briefing Session today, following the announcement of 1QFY26 results.
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In 1QFY26, the company reported consolidated earnings of Rs1,583mn (EPS of Rs4.01), up 88% YoY and down 16% QoQ.
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Net sales clocked in at Rs24bn, up 11% YoY and 30% QoQ. The QoQ growth in sales is primarily due to higher sales volumes during the quarter, following subdued sales in 4QFY25 due to supply chain disruptions amid regional conflicts.
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The company sustained its gross margin of 14% in 1QFY26, supported by renegotiation of pricing terms and higher retail sales mix. Margin performance remains closely linked to product mix, with higher-end smartphone models yielding higher margins.
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Management targets revenue of Rs140bn in FY26, with improved margins and profitability. AIRLINK is shifting to the Sundar Green SEZ by Dec 2025 for tax benefits.
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AIRLINK plans to open Pakistan’s first-ever Apple retail store by end-2025, along with a Xiaomi outlet in Dolmen Mall Lahore.
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First shipment of 10,000 Acer laptops expected by November under a pilot project, with 100,000 units projected in FY26 (Rs4bn revenue). TV sales to add another Rs8bn.
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AIRLINK is onboarding another mobile brand for local manufacturing and working with an international brand to expand into air conditioners, washing machines, and microwaves.
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Xiaomi car launch in Pakistan delayed due to high demand in China; no near-term launch expected.
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Discussions with the government regarding export approvals are ongoing; expected revenue growth over 200% upon approval.
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Announced first-ever interim dividend of Rs2/share (50% payout).
