 OGDCL is the national oil & gas company of Pakistan.

 Established in 1961 .
 Listed on all three stock exchanges in Pakistan

 First Pakistani E&P company listed on the London Stock

Exchange

 The government of Pakistan owns 85.02% of the shares of

the company
 To find the current liquidity position of OGDCL and trends of its
ability to meet maturing debts

 To analyze the changes in the asset management ratios over the

years.

 To reveal the equity and debt financing ratio and ability to pay its
debt obligations.

 To check the profitability ratio trend over the period

 To review OGDCL’s past performance and future prospects for the

investors
Focus on trends analysis only.

Deficiency of cross sectional analysis.

Absence of Inter industry comparison .

 Reliance upon the provided secondary data

Main source of data collection [www.ogdcl.com]
By Reference of the accounts department of the
company.

Net searching
Trend analysis.

Cross-sectional analysis.

Ratio analysis.
Profitability ratios

Liquidity ratios

Activity ratios

Debt ratios

Market ratios
 Ratio in 2003 2004 2005 2006 2007
% 54 57 63 64 57

66
64 73
62 72
60 71
58
70
56
54 69
52 68
50 67
48 66
2003 2004 2005 2006 2007
2003 2004 2005 2006 2007
 Ratio 2003 2004 2005 2006 2007
in
% 46 44 45 48 46

49
49
48
48
47
47
46
46
45
45
44 44
43 43
42 42
2003 2004 2005 2006 2007 2003 2004 2005 2006 2007
 Ratio in 2003 2004 2005 2006 2007

% 26 25 31 39 36

45
40
35
30
25
20
15
10
5
0
2003 2004 2005 2006 2007
 Ratio in 2003 2004 2005 2006 2007

% 32 29 40 49 45

60
60
50
50
40 40
30 30
20 20
10 10
0 0
2003 2004 2005 2006 2007 2003 2004 2005 2006 2007
 Ratio in 2003 2004 2005 2006 2007
% 34 34 47 56 49

60 60
50 50
40
40
30 30
20 20
10 10
0 0
2003 2004 2005 2006 2007 2003 2004 2005 2006 2007
 Ratio in 2003 2004 2005 2006 2007
Times 6.82 12.17 4.96 6.51 6.16

14 14

12 12

10 10
8 8

6 6

4 4
2 2
0 0
2003 2004 2005 2006 2007 2003 2004 2005 2006 2007
 Ratio in 2003 2004 2005 2006 2007
Times 7 7 9 10 8

12 12

10 10

8 8
6 6
4 4
2 2
0 0
2003 2004 2005 2006 2007 2003 2004 2005 2006 2007
 Ratio in 2003 2004 2005 2006 2007
% 56 57 70 82 80

90
80 100
70
80
60
50 60
40
30 40
20
20
10
0 0
2003 2004 2005 2006 2007 2003 2004 2005 2006 2007
 Ratio in 2003 2004 2005 2006 2007
Times 42 794 8233 6610 137

9000 9000
8000 8000
7000 7000
6000 6000
5000 5000
4000 4000
3000 3000
2000 2000
1000 1000
0 0
2003 2004 2005 2006 2007 2003 2004 2005 2006 2007
 2003 2004 2005 2006 2007
Ratio in
$ 4.81 5.21 7.67 10.69 10.61

2003 2004 2005 2006 2007

Ratio in
$ 4.81 5.21 7.67 10.69 10.61
Sales revenue:Rs.96.8 billion[over a total increase of 31%]

Net Profit:46% billion[over a total increase of 39%]

Operating Profit Margin:57%

EPS:Rs.10.69 [over a total increase of 39%]

DPS:Rs.9.00[increasing trend]
Focus on enhancing production

Maintain low cost operations

Exploit offshore opportunities

Develop in house expertise

?