Topline Projects OGDCL Earning in 3QE FY25

Staff Report

Islamabad – Topline Securities has estimated the earning per share (EPS) of Oil and Gas Development Company limited (OGDCL) for the third quarter of FY25 at Rs 10.50.

The board of OGDCL is scheduled to meet on Tuesday (Apri 29).

This is a decrease of 6% from the FY24 EPS of 11.12. The estimated dividend per share (DPS) for 3QE FY25 has been estimated at Rs 4.50, compared to 2.00 in FY24.

Topline has released its consolidated earnings estimates and consensus for the Oil & Gas Development Company (OGDC) for the March quarter of 2025.

The report has noted that the Board Meeting would review these results in it meeting scheduled for April 29, 2025, at 5:00 PM.

The estimates have also provided a quarterly breakdown of Earnings Per Share (EPS) and Dividends Per Share (DPS) in Pakistani Rupees.

Key Highlights

•             1QA (First Quarter Actual): For the first quarter of FY25, the actual EPS amounted to Rs 9.54, registering a decline of 16% compared to the FY24 figure of 11.40. The actual DPS for 1QA FY25 stood at Rs 3.00, up from Rs 1.60 in FY24.

•             2QA (Second Quarter Actual): The second quarter of FY25 saw an EPS of 9.63, a significant decline of 44% year-on-year from the FY24 EPS of 17.27. The DPS for 2QA FY25 was 4.05, compared to 2.50 in FY24.new roadmap ogdcl

•             3QE (Third Quarter Estimate): Topline Securities has also estimated that EPS for the third quarter of FY25 would be  Rs 10.50, witnessing a decrease of 6% from the FY24 EPS of Rs 11.12. The DPS for 3QE FY25 has been estimated at Rs 4.50, compared to Rs2.00 in FY24.

•             9ME (Nine Months Estimate): Based on the actual results for the first two quarters and the estimate for the third, the cumulative EPS for the first nine months of FY25 has been projected to be Rs29.67, registering a 25% decrease against Rs 39.79 EPS in the same period of FY24. The estimated cumulative DPS for 9ME FY25 has been projected at Rs 11.55, up from Rs 6.10 in FY24.