AL-GHAZI TRACTORS LTD (AL-FUTTAIM GROUP)

Profile of Al-Ghazi Tractors Limited Incorporated in June 1983, privatized in December 1991, Al-Ghazi Tractors Limited, the subsidiary Company of Al-Futtaim group of Dubai, is a story of rollicking success. With consistent corporate achievements, the Company is recognized for its corporate excellence. With its registered office in Karachi, the AGTL plant at Dera Ghazi Khan, some 700 kms away from Karachi, manufactures New Holland (Fiat) tractors in technical collaboration with CNHI - Case New Holland, the Number One manufacturer of agricultural tractors in the world. The AGTL plant, an icon of engineering dynamics operates on high efficiency. With Quality Control and Quality Assurance, quality improvement systems exist at every level. One of our mission statements reads, “Our most enduring competitive edge is the quality of tractors”. Robust and sturdy, the Company’s products of 55, 65, 75 and 85 HP, carry a local content of 92% - the highest in the country. Monitoring the efficiency and effectiveness of each production process is the key to our success. Effort is made to make each process efficient to drive down the cost per tractor. Competent material and plant utilization has resulted in the Company’s achieving its core objective of being the lowest cost producer of quality products. AGTL’s produced tractors in all hp ranges are therefore among the most affordable tractors in the world. Documentation of the entire manufacturing process and improved quality measurement being our priority, Al-Ghazi was the first automobile Company in Pakistan to earn the ISO-9000 certification. With yearly audits the Company is now registered for ISO-9001:2015 upto January 11, 2025. AGTL products being a household name with the farmer community, our product profile reflects consumer needs. Price and convenience being the customer’s first priority. The Company’s objectives include: focus on all target markets and focus on all types of customers. As many dealers in every nook and cranny of the country, and over 3000 mechanical workshops across the country to work as customer care centers. AGTL’s name is synonymous with brand strength and customer loyalty and experience. One of the best performing stocks in the automobile sector, AGTL is a story of continued success achieved through resilient and consistent efforts. At AGTL we believe that effective individuals make a difference; effective teams make a business. Of all the things that we have built the most admired is our teamwork. AGTL’s human talent does not depreciate with time. AGTL workers are happy workers. AGTL values the stakeholders, customers, employees and the investors. The management works to ensure that all supply chain associates, dealers, shareholders and employees share in the Company’s growth and prosperity. Al-Futtaim’s flagship in Pakistan with over 93% foreign shareholding, Al-Ghazi Tractors Limited is a text book example of good corporate governance, conforming to all the Governance Reforms promulgated by the government. AGTL’s long list of accolades received year after year include Top Companies Award of the Karachi Stock Exchange, Corporate Excellence Award of the Management Association of Pakistan, Best Presented Annual Report Awards of ICAP, Best Calendar Awards of NCCA, Excellence Award on Human Resources and Industrial Relations and Excellence Award in Productivity from the Employer’s Federation of Pakistan. AGTL’s Vision Statement is categoric: “To make AGTL a symbol of success.” This sets the direction as well as the destination in sight and each of the employee lives to achieve the Company’s Mission.

PRODUCTS / SERVICES:

Agricultural Tractors