Reported Earnings • May 01
Third quarter 2026 earnings released: PK₨3.57 loss per share (vs PK₨3.60 loss in 3Q 2025) Third quarter 2026 results: PK₨3.57 loss per share (improved from PK₨3.60 loss in 3Q 2025). Revenue: PK₨355.2m (down 31% from 3Q 2025). Net loss: PK₨953.3m (flat on 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Ankündigung • Apr 22
TPL Corp Limited to Report Q3, 2026 Results on Apr 29, 2026 TPL Corp Limited announced that they will report Q3, 2026 results at 9:30 AM, Pakistan Standard Time on Apr 29, 2026 Reported Earnings • Mar 04
Second quarter 2026 earnings released: PK₨7.05 loss per share (vs PK₨0.14 loss in 2Q 2025) Second quarter 2026 results: PK₨7.05 loss per share (further deteriorated from PK₨0.14 loss in 2Q 2025). Net loss: PK₨1.88b (loss widened PK₨1.85b from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Ankündigung • Feb 20
TPL Corp Limited to Report First Half, 2026 Results on Feb 27, 2026 TPL Corp Limited announced that they will report first half, 2026 results on Feb 27, 2026 Ankündigung • Nov 21
TPL Corp Limited, Annual General Meeting, Dec 24, 2025 TPL Corp Limited, Annual General Meeting, Dec 24, 2025. Reported Earnings • Nov 21
First quarter 2026 earnings released: EPS: PK₨1.10 (vs PK₨3.49 loss in 1Q 2025) First quarter 2026 results: EPS: PK₨1.10 (up from PK₨3.49 loss in 1Q 2025). Revenue: PK₨3.58b (up 91% from 1Q 2025). Net income: PK₨293.8m (up PK₨1.23b from 1Q 2025). Profit margin: 8.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. New Risk • Nov 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (PK₨2.15b market cap, or US$7.67m). Minor Risk Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). New Risk • Jul 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (PK₨1.59b market cap, or US$5.59m). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 30% per year over the past 5 years. Market cap is less than US$10m (PK₨1.20b market cap, or US$4.26m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Mar 02
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: PK₨2.03b (up 12% from 2Q 2024). Net loss: PK₨37.1m (loss narrowed 97% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 24% per year over the past 5 years. Market cap is less than US$10m (PK₨1.42b market cap, or US$5.08m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Ankündigung • Jan 24
TPL Corp Limited (KASE:TPL) and ABHI (PRIVATE) LIMITED completed the acquisition of majority stake in FINCA Microfinance Bank Limited. TPL Corp Limited (KASE:TPL) and ABHI (PRIVATE) LIMITED entered into a non-binding letter of intent to acquire majority stake in FINCA Microfinance Bank Limited on November 14, 2023. TPL Corp Limited (KASE:TPL) and ABHI (PRIVATE) LIMITED entered into a Share Purchase Agreement to acquire 94.8% stake in FINCA Microfinance Bank Limited on September 20, 2024. The transaction is subject to the approval of the State Bank of Pakistan, outcome of the due diligence process, obtaining requisite internal and regulatory approvals, entering into definitive documentation, and anti-trust regulations. The transaction has been approved by the Board of Directors of TPL Corp Limited. As of January 14, 2025, the transaction has been approved by the Competition Commission of Pakistan. As of November 12, 2024, the transaction has been approved by the State Bank of Pakistan.
TPL Corp Limited (KASE:TPL) and ABHI (PRIVATE) LIMITED completed the acquisition of majority stake in FINCA Microfinance Bank Limited on January 24, 2025. Reported Earnings • Oct 08
Full year 2024 earnings released: PK₨12.19 loss per share (vs PK₨1.07 loss in FY 2023) Full year 2024 results: PK₨12.19 loss per share (further deteriorated from PK₨1.07 loss in FY 2023). Revenue: PK₨4.90b (down 58% from FY 2023). Net loss: PK₨3.26b (loss widened PK₨2.97b from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Ankündigung • Oct 05
TPL Corp Limited, Annual General Meeting, Oct 28, 2024 TPL Corp Limited, Annual General Meeting, Oct 28, 2024. New Risk • May 09
New major risk - Revenue and earnings growth Earnings have declined by 0.01% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.01% per year over the past 5 years. Market cap is less than US$10m (PK₨1.44b market cap, or US$5.18m). Reported Earnings • May 09
Third quarter 2024 earnings released: PK₨2.44 loss per share (vs PK₨1.91 loss in 3Q 2023) Third quarter 2024 results: PK₨2.44 loss per share (further deteriorated from PK₨1.91 loss in 3Q 2023). Revenue: PK₨692.0m (down 60% from 3Q 2023). Net loss: PK₨651.7m (loss widened 28% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Second quarter 2024 earnings released: PK₨4.93 loss per share (vs PK₨5.13 profit in 2Q 2023) Second quarter 2024 results: PK₨4.93 loss per share (down from PK₨5.13 profit in 2Q 2023). Revenue: PK₨1.81b (down 69% from 2Q 2023). Net loss: PK₨1.32b (down 196% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Feb 01
Now 20% overvalued Over the last 90 days, the stock has fallen 3.2% to PK₨5.50. The fair value is estimated to be PK₨4.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company became loss making. New Risk • Oct 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Market cap is less than US$10m (PK₨1.42b market cap, or US$5.12m). New Risk • Oct 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.34b market cap, or US$4.71m). Minor Risk High level of debt (46% net debt to equity). Reported Earnings • Oct 05
Full year 2023 earnings released: PK₨1.07 loss per share (vs PK₨2.55 profit in FY 2022) Full year 2023 results: PK₨1.07 loss per share (down from PK₨2.55 profit in FY 2022). Revenue: PK₨11.8b (up 1.2% from FY 2022). Net loss: PK₨285.1m (down 142% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Ankündigung • Aug 26
TPL Corp Announces Change in Company Secretary TPL Corp. Limited change in its leadership. Mr. Danish Qazi, who had been serving as the Company Secretary, has ceased to hold the position effective from August 22, 2023. In light of this change, TPL Corp. has appointed Ms. Shayan Mufti as the new Company Secretary. Mr. Danish Qazi's tenure as Company Secretary has concluded, marking the end of an era during which he contributed to the company's growth and compliance efforts. His departure comes as part of a broader transition within TPL Corp.'s leadership team. Simultaneously, TPL Corp. welcomes Ms. Shayan Mufti as its new Company Secretary. With her extensive experience and expertise in corporate governance, regulatory affairs, and legal compliance, Ms. Mufti is expected to play a pivotal role in ensuring TPL Corp.'s continued adherence to industry standards and best practices. Ms. Mufti's appointment aligns with TPL Corp.'s commitment to maintaining a strong leadership team capable of steering the company through evolving market dynamics. Her skillset is anticipated to contribute to the company's ongoing pursuit of operational excellence and sustained growth. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨6.87, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 17x in the Commercial Services industry in Asia. Total returns to shareholders of 35% over the past three years. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.66b market cap, or US$5.77m). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.1% net profit margin). Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨6.20, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 17x in the Commercial Services industry in Asia. Total returns to shareholders of 53% over the past three years. Reported Earnings • Apr 30
Third quarter 2023 earnings released Third quarter 2023 results: PK₨1.91 loss per share. Net loss: PK₨511.1m (flat on 3Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
Second quarter 2023 earnings released: EPS: PK₨4.43 (vs PK₨3.87 in 2Q 2022) Second quarter 2023 results: EPS: PK₨4.43 (up from PK₨3.87 in 2Q 2022). Revenue: PK₨5.82b (up 356% from 2Q 2022). Net income: PK₨1.37b (up 33% from 2Q 2022). Profit margin: 24% (down from 81% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 2 independent directors (6 non-independent directors). Independent Director Mark Dean Rousseau was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
First quarter 2023 earnings released: PK₨1.72 loss per share (vs PK₨0.77 loss in 1Q 2022) First quarter 2023 results: PK₨1.72 loss per share (further deteriorated from PK₨0.77 loss in 1Q 2022). Revenue: PK₨1.53b (up 30% from 1Q 2022). Net loss: PK₨460.1m (loss widened 123% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to PK₨6.77, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 16x in the Commercial Services industry in Asia. Total returns to shareholders of 82% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 2 independent directors (6 non-independent directors). Independent Director Mark Dean Rousseau was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 22
Full year 2021 earnings released: PK₨0.50 loss per share (vs PK₨4.58 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: PK₨5.36b (up 7.9% from FY 2020). Net loss: PK₨133.7m (loss narrowed 89% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings. Reported Earnings • May 03
Third quarter 2021 earnings released: PK₨0.73 loss per share (vs PK₨1.30 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: PK₨1.43b (up 15% from 3Q 2020). Net loss: PK₨194.2m (loss narrowed 44% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 09
New 90-day low: PK₨6.58 The company is down 12% from its price of PK₨7.46 on 09 December 2020. The Pakistani market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 1.0% over the same period. Reported Earnings • Feb 28
Second quarter 2021 earnings released: PK₨1.02 loss per share (vs PK₨1.06 loss in 2Q 2020) The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: PK₨1.35b (down 7.5% from 2Q 2020). Net loss: PK₨272.9m (loss narrowed 3.5% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 94% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Ankündigung • Feb 26
TPLTrakker Limited Informs Adnan Shahid Ceased to Be the Director TPL Trakker Limited informed that Adnan Shahid has ceased to be the Director of the Company with effect from February 24, 2021. Is New 90 Day High Low • Feb 02
New 90-day low: PK₨6.66 The company is down 8.0% from its price of PK₨7.22 on 04 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 3.0% over the same period. Ankündigung • Jan 14
TPL Corp Limited (KASE:TPL) acquired an unknown minority stake in TPL Properties Limited (KASE:TPLP) from Alpha Beta Capital Markets (Private) Limited for approximately INR 200 million. TPL Corp Limited (KASE:TPL) acquired an unknown minority stake in TPL Properties Limited (KASE:TPLP) from Alpha Beta Capital Markets (Private) Limited for approximately INR 200 million on January 13, 2021. As a part of the transaction, TPL Corp will acquire 17 million shares at a price of INR 12 per share. Post closing the transaction, TPL Corp now owns 51% stake and becomes the majority shareholder of TPL Properties.
TPL Corp Limited (KASE:TPL) completed the acquisition of an unknown minority stake in TPL Properties Limited (KASE:TPLP) from Alpha Beta Capital Markets (Private) Limited on January 13, 2021. Is New 90 Day High Low • Dec 07
New 90-day high: PK₨7.69 The company is up 11% from its price of PK₨6.95 on 08 September 2020. The Pakistani market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 3.0% over the same period. Reported Earnings • Oct 24
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨1.08b, with losses widening by 73% from the prior year. Total revenue was PK₨5.05b over the last 12 months, up 16% from the prior year. Reported Earnings • Oct 09
Full year earnings released - PK₨4.58 loss per share Over the last 12 months the company has reported total losses of PK₨1.22b, with losses widening by 311% from the prior year. Total revenue was PK₨4.97b over the last 12 months, largely unchanged from the prior year. Is New 90 Day High Low • Oct 06
New 90-day low: PK₨4.62 The company is down 9.0% from its price of PK₨5.10 on 08 July 2020. The Pakistani market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 2.0% over the same period. Reported Earnings • Sep 19
Full year earnings released - PK₨4.57 loss per share Over the last 12 months the company has reported total losses of PK₨1.22b, with losses widening by 311% from the prior year. Total revenue was PK₨4.97b over the last 12 months, up 15% from the prior year. 