Panther Tyres Limited: performance and outlook

Business Recorder reported that Panther Tyres Limited (PSX: PTL) saw its bottom line surge in 2026, with net profit up 204.26 per cent to Rs1,313.265 million. Earnings per share reached Rs7.82, and the net margin rose to 3.61 per cent. Net sales increased 11.58 per cent to Rs36,339.68 million compared with the previous year.

Gross profit climbed 32.97 per cent, lifting the gross margin to 15.60 per cent, while operating profit rose 36.67 per cent with an operating margin of 9.28 per cent. Finance cost fell 0.80 per cent, although other expense jumped 105.15 per cent on higher provisions tied to WWF, WPPF and warranty claims. Export sales were hit by regional tensions stemming from the US-Iran conflict, as well as the Pak-Afghan border closure, while strong domestic demand offset the shortfall.

The outlook section notes that demand from local agriculture and automobile sectors should support sales, while the Middle East crisis could weigh on margins through costlier fuel and raw materials. To reduce costs, the company is adding 3.5 MW of solar power capacity, taking its total to 6 MW, and it redeemed Sukuk certificates worth Rs2 billion in July 2026 to cut finance costs.