“Attock Petroleum Q1-Sep2025: Strong Earnings Growth and Strategic Expansion Amid Market Challenges

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APL posts 60% PAT growth in Q1-Sep 2025, expands retail footprint, and advances strategic infrastructure projects amid challenging market conditions.


Attock Petroleum Limited (APL) – Q1 Sep 2025 Directors’ Report Summary

During the first quarter of the financial year ending September 2025, APL delivered strong operational and financial performance, demonstrating resilience amid industry and macroeconomic challenges.

Financial Performance

  • Net sales revenue: Rs 117,784 mn, up 4.5% YoY (vs. Rs 112,718 mn). Growth driven by higher average selling prices; however, sales volume fell 4% due to changing energy consumption patterns and stronger competition.

  • Gross profit: Increased due to effective inventory management and higher prices.

  • Profit after tax (PAT): Rs 3,811 mn, up 60% YoY (vs. Rs 2,385 mn).

  • Earnings per share (EPS): Rs 30.63 (vs. Rs 19.17).

  • Finance income: Declined slightly due to lower bank rates amid reduced inflation.

Operational Highlights

  • Economy showed gradual recovery, easing inflation, and relative stability in PKR/USD.

  • Challenges persisted: high energy costs, limited private credit, flood-related agricultural disruptions, and illicit fuel trade affecting margins.

  • Continued uninterrupted supply of petroleum products nationwide, including execution of key contracts with the Pakistan Army.

Retail Network Expansion

  • Added 8 new retail outlets; total network reached 786 sites.

  • Focus on strategic urban and peri-urban locations, particularly in Khyber Pakhtunkhwa, Islamabad-Rawalpindi, Lahore, and Karachi.

  • Long-term supply agreements secured with major housing authorities to ensure stable operations.

Revenue Diversification & Innovation

  • Non-Fuel Retail (NFR) business expanded via branded food service outlets at select retail sites.

  • EV charging infrastructure is being expanded to support clean energy adoption.

Future Outlook & Infrastructure

  • LPG Storage and Filling Facility in Rawalpindi near completion, operational by end of 2025, marking strategic entry into LPG sector.

  • Expansion of storage infrastructure:

    • Rawalpindi Bulk Oil Terminal: New 10,000 M. Ton PMG tank (tendering phase).

    • Port Qasim Terminal: 18,700 M. Ton PMG tank under civil works.

    • Pashtoon Garhi (Taru Jabba): New bulk oil terminal under preparatory works.

Overall: Despite industry and macroeconomic challenges, APL posted strong financial results, expanded its retail footprint, diversified revenue streams, and continued strategic infrastructure investments for sustainable growth.

https://dps.psx.com.pk/download/document/263580.pdf

https://dps.psx.com.pk/company/APL