External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

Sazgar Engineering Works Limited / Equity Bottom-Up

Sazgar Engineering Works Limited (SAZEW PK)

<ul><li>Sazgar Engineering Works (SAZEW) announced its 3QFY26 result, wherein the company recorded profit of Rs6.4bn (EPS of Rs106.5), up 3% YoY and 60% QoQ.</li><li>The result came in higher than industry expectations due to higher-than-expected gross profit margins.</li><li>Alongside the results, the company announced an interim cash dividend of Rs20/share in 3QFY26 (Payout Ratio: 19%).</li></ul>

Sazgar Engineering Works (SAZEW) announced its 3QFY26 result, wherein the company recorded profit of Rs6.4bn (EPS of Rs106.5), up 3% YoY and 60% QoQ.The result came in higher than industry expectations due to higher-than-expected gross profit margins.Alongside the results, the company announced an interim cash dividend of Rs20/share in 3QFY26 (Payout Ratio: 19%).

사즈가르 엔지니어링(SAZEW) - 2026년 3분기 주당순이익(EPS) 106.5루피, 전년 동기 대비 3%, 전분기 대비 60% 증가 - 업계 예상치 상회