June 05, 2007

PAKISTAN MACHINE TOOL FACTORYPAKISTAN MACHINE TOOL FACTORY

COMPANY PROFILE

COMPANY PROFILE

STATUS Private Limited CompanyFully Owned by Government of Pakistan

SET UP 1968SHARE CAPITAL Rs 292 million fully subscribed by Government of

Pakistan through SEC.TOTAL AREA

Factory 177 AcresColony 45 Acres As on 31-5-2007

(Nos.)MANPOWER 1- Regular/ Contract Officers 232

2- Regular/ Contract Workers 1105 3- Casual Workers 902

---------------- 2239----------------

Apr 8, 2023

PAKISTAN MACHINE TOOL FACTORY (PVT) LTD.

COMPANY PROFILE (Contd.)COMPANY PROFILE (Contd.)FACILITIES1- FACTORY.

Integrated production facilities including variety of conventional and CNC Machine Tools Like Turning, Shaping, Milling, Grinding, Gear Cutting,

Spark Erosion, Hobbing, Forging, Heat Treatment And Quality Assurance Equipment Etc.2- OTHERS.

Colony, Canteen, Dispensary, School QUALITY RECOGNITION.

ISO-9001:2000 Certified PRODUCTS.

Tractor parts, Automotive Transmission Parts, Machine Tools, Defence Hard Ware, Die-Cast Products, Etc. CUSTOMERS.

Tractor Assemblers,Automobile/ Motorcycle Assemblers, Defence Org., Pak Railways, SSGC, PAEC, KRL, OGDC, etc. MAJOR STRENGTHS.

Precision engineering facilities, diversification capabilities, skilled manpower

IMPORTANT MILESTONES  1964        The Project approved by NEC

1968        Inauguration & Trial Production1970   Start of Regular Production1975 Incorporated as Private Limited Company1986        Implementation of BMR Programme for tractor parts1991        Start of UNIDO TA Project1995 Completion of UNIDO TA Project1997 Establishment of Electronic Lab.

ISO 9001:2000 Certification 2005 Implementation of BMR Programme for motorcycle parts

PAKISTAN MACHINE TOOL FACTORY (PVT) LTD.

CAPABILITIES CAPABILITIES & &

FACILITIESFACILITIES

1. PRODUCT DESIGNING * Conventional and Computer Aided Design (CAD)

2. MACHINING * Turning upto Dia 1000mm : Conventional, NC, and CNC

Length 4000mm * Milling : Conventional and CNC

Spline Milling, and Thread Milling * Drilling Max. Dia 50mm : Conventional and Deep Hole Drilling * Boring Max Dia 620mm : Jig Boring (Vertical and Horizontal) & CNC * Shaping upto 650 x 500 : Conventional & Planing

* Broaching (Vertical) : Plain and Splined Bores * Gearing Max Module = 10 : Shaping, Hobbing, Teeth

Grinding Shaving, St. Bevel and Spiral Bevel Generation

* Cold Rolling Max Dia = 120mm : Spline Rolling

* Grinding Max Dia = 480mm : Centerless, Cylindrical, Internal and Surface Apr 8, 2023

Apr 8, 2023

* Free Forging : * Die Forging : Upto 25 Kg weight & 350 mm Dia Drop Hammers upto 3000 kg,

Presses, Furnaces andShot Blasting Machines

3. FORGING

4. DIE CASTING Upto weight 11 Kg (Alum) Pressure Die Casting & 40 Kg (zinc) Machines upto locking

force 700 M. Ton5. HEAT TREATMENT

Normalizing, Tempering, Gas Carborising, Nitriding, Induction Hardening, Flame Hardening

6. SURFACE TREATMENT Bright Chrome Plating, Cadmium Plating, Nickel Plating, Hard Chrome, Electro-Galvanising, Anodizing, Phosphating, Sand & Shot Blasting

7. MATERIAL TESTING Mechanical, Chemical, Metallographic

8. TOOL DESIGN Conventional and Computer Aided Design (CAD)

* Dies : Pressure Die Casting Dies, Forging Dies and Sheet Metal Dies

* Jigs & Fixtures * Cutting Tools : Turning Tools, Milling Cutters, Hobs, Reamers etc * Measuring Gauges : Snap Gauges Form Gauges and Plug Gauges * Equipments : Various Mechanical Devices

Apr 8, 2023

9. TOOL ROOM Die Sinking, Spark Erosion, Jig Boring, Sharpening, Template Grinding

10. QUALITY ASSURANCE Quality Checking Devices including Coordinate Measuring Machine, Gear Profile Testing Machine, Metrology Lab, etc.

11. TRAINING Training for Apprentices as, Machinist, Draughtsman, Welder, Fitter etc.

PRODUCT RANGE

PMTF is engaged in manufacture of wide range of Gears/Shafts since 1970 and is

a major/regular supplier of Massey Ferguson and Fiat Tractor components to local OEMsApr 8, 2023

TRANSMISSIONS

FOR

MF 240/260

MF 375/385

Fiat 480

Fiat 640

U - 530

Bedford Truck

Nissan Truck

TRANSMISSIONS

High-Tech Pinions/Gears for Traction Motors/Axles of

Locomotives

For Locomotives

HAU / HPU-20EE –554D – 29D – 77HBU – 20GE – 752 ALUGE-761 ALCOGMU – 30

Apr 8, 2023

Crank Case & Covers

TRANSMISSION COMPONENTS OF MOTORCYCLES

DIE CAST COMPONENTS

Gas Meter Parts (G4 & G 1.6)Honda Motorcycle Wheel Parts (CD 70 & CG 125)

Suzuki Motorcycle Wheel PartsWheel parts of Chinese branded Motorcycles

Suzuki Engine Parts

Apr 8, 2023

MACHINE TOOLSMILLING MACHINE

MODEL LK6

Table Size:1300x330 mmUniversal,Horizontal & Vertical

Main Motor : 5 HP

MILLING MACHINEMODEL LK4

Table Size:1050x225 mmUniversal,Horizontal & Vertical

Main Motor : 3 HPWith Accessories

Apr 8, 2023

Apr 8, 2023

Center to Center DistanceC4C:750 mm C4D: 1000 mm C4F: 1500 mm

Swing over bed:365 mmMain Motor : 4 HP with Accessories

PRECISION CENTRE LATHEMODEL C4C,C4D & C4FMACHINE

TOOLS

Apr 8, 2023

TURRET MILLINGMACHINE MODEL LK5

Table Size:1065 x 225 mmMain Motor: 1.5 KW

with Accessories

RADIAL DRILLINGMACHINE MODEL LD1

Working Surface:700 x 800 mmDrilling Capacity in Cast Iron: Ø 32 mm

Boring Capacity: Ø 65 mm with Accessories Apr 8, 2023

MACHINE TOOLS

Apr 8, 2023

MACHINE TOOLSENGRAVING MACHINE

MODEL LP2

Table Size:500x200 mmMotor : 0.3 HP

Pantograph Ratio: 1: 1 to 1:50With Accessories

VERTICAL MILLING &BORING MACHINE LH 4

Table Size:1050x225 mm Main Motor : 3 HPWith Accessories Apr 8, 2023

Apr 8, 2023

MACHINE TOOLSSPECIAL PURPOSE MACHINES FOR SURGICAL INSTRUMENTS

Slitting MachineModel LS1 S00

Table Size : 700 x 180 mmMain Motor : 2HPWith Accessories

Milling MachineModel LK3 H13

Table Size : 700 x 180 mmMain Motor : 2HPWith Accessories

Duplex Milling MachineModel LS1 M00

Table Size : 700 x 180 mmMain Motor : 2HPWith Accessories

Apr 8, 2023

MACHINE TOOLSCNC TURNING CENTRE

MODEL: LC6 N01

SLANT BED WITH SERVO MOTORDISTANCE BETWEEN CENTERS 750 mm

MACHINE DIMENSION 3000 x 1000 x 1800 mm

MACHINE TOOLSDESKTOP CNC MILLING MACHINE

MODEL: LN2 V00

FEAUTURES

2D / 3D GraphicsCAM SoftwareUse Educational / Industrial Purpose

CNC FEAUTURES CAM user friendly software with 3D graphical ISO format machine programming using G & M Codes. Accurate Tool Path graphics continuously displayed line by line during program write, Test Run & Manufacturing Links with major CAD / CAM packages.

ELECTRICALLY OPERATED MECHANICAL DISPENSING PUMP

MODEL: PF1-M05/M11 SINGLE/DOUBLE NOZZLE

SPECIAL PRODUCTSMortar Guns

Caliber 60 mmLength of Barrel 724 mmMax Range 2000 MRate of Fire 8 Round/MinuteType of Firing Mech. ManualTotal Weight 16Kg

81 mm1450 mm

5000 M15 Round/MinuteAutomatic42 Kg

120 mm1746 mm

9000 M12 Round/MinuteManual / Automatic402 Kg Apr 8, 2023

SPECIAL PRODUCTS

Caliber of Rifle 40 mmLength. Of Grenade Launcher 950 mmWeight of Launcher 6.3 KgMax aimed Range 500 MRate of Fire 4-6 Round/MinutesArmour penetration 300 mmShipping volume 0.21 M

ROCKET LAUNCHER (RPG – 7)

Caliber of Recoilless Rifle 106 mm Length. Of Recoilless Rifle 3332 mmWeight of Recoilless Rifle 429 Kg Max Range Direct Fire 2012 MRate of Fire 4-6 Round/Minutes Max Range Indirect Fire 7680 MArmour penetration 500 mm Shipping volume 3 M Apr 8, 2023

SALES

885

761839

926 928882

642

813776

558

344

559461

448510

350

438394421

-

100

200

300

400

500

600

700

800

900

1,00019

89

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

*200

7

YEARS

Mill

RsHISTORICAL OPERATING RESULT

* Estd

PRODUCTION

-

100

200

300

400

500

600

700

800

900

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

*200

7

YEARS

Mill

Rs

At Constant Value At Current Value

HISTORICAL OPERATING RESULT

* Estd

PRE-TAX PROFIT & LOSS

48

61 65

35 3240

(18)(28)

5

(39)

168

46

20

(13)(8)

2331

(11)

(60)

(40)

(20)

-

20

40

60

80

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

*200

7

YEARS

Mill Rs

HISTORICAL OPERATING RESULT

* Estd

RETAINED EARNING

216

10375

(42) (32)

(73) (84)

(42)

1144

97124

204

(100)

(50)

-

50

100

150

200

250

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

*200

7

YEARS

Mill

RsHISTORICAL OPERATING RESULT

* Estd

PRODUCT MIX

1986-87 (Rs 461 Million)

Assy Products : 64%Vendor Parts : 36%

PMTF PRODUCTS - MIX

2005-06 (Rs 928 Million)

Assy Products : 15%Vendor Parts : 85%

DIE CAST 16%

SPECIAL PRODUCTS

10%MACHINE TOOLS

5%

TRANSMISSION 69%

MACHINE TOOLS 3% TRANSMISSION

30%

SPECIAL PRODUCTS

61%

DIE CAST 6%

EXPORTS

S.N PRODUCT DISCRIPTION QTY. IN Nos. SALES VALUE In USD

1. Recoilless Rifle 106 MM 971 26,547,7892. Mortar 120 MM 93 2,259,000 3. Mortar 81 MM 451 4,568,8364. Mortar 60 MM 635 1,219,9355. Rocket Launcher RPG-7 722 1,631,7206. Spares of above products Lot 1,600,000 Total USD 37,827,280

TO FRIENDLY COUNTRIES DURING PERIOD 1975-2007

Offers submitted,under negotiation/consideration

by various friendly countries : USD 2.44 Million

MAJOR CUSTOMERS

TRANSMISSIONS

1. Millat Tractors Ltd2. Al-Ghazi Tractors Ltd.3. Universal Tractors Ltd.4. Pakistan Railways

DIE-CASTINGS

1. Sui Southern Gas Company2. Atlas Honda Limited3. Suzuki Motor Cycle Company4. Delta Innovation Ltd.5. Dewan Motorcycles Ltd.6. Suzuki Motor Company Ltd

Major Customers

MACHINE TOOLS

1. Government Agencies/Research Organizations2. Public Sector Companies

(e.g. Pakistan Steel, SSGC, NRL, OGDC etc.)3. Vocational Training Institutes4. Private Organizations (Automotive, Pharmaceutical,

Textile, Process Industries etc.)

SPECIAL PRODUCTS

1. Armed Forces2. Civil Armed Forces3. Pakistan Ordnance Factories4. Friendly Countries

Major Customers

MACHINERY &

EQUIPMENTS

GROUP-WISE MACHINES / EQUIPMENT QTY(Nos)

1 Broaching/Planing/Shaping/Rifling/Slotting 25- Broaching M/Cs 4- Planing M/Cs 9- Others 12

2 Turning 186- Small Precision Lathes 25- Others Conventional Lathes 108- Turret Lathes 21- CNC Lathes 17

- Copying Lathe 13

- NC Lathes 2

3 Drilling and Boring 99- Boring machine 10- Deep Hole Drilling machine 3- Spark Erosion machine 2- Centering & Facing machines 4- Other Drilling machines 80

MACHINERY/EQUIPMENTS INSTALLED IN PMTF

4 Milling/Sawing 133- CNC Milling Machine 1- CNC Machining Center 3- Thread Milling Machine 5- Boring & Milling M/Cs 6- Sawing/Cut off Machine 18- Other Milling M/Cs 100

5 Grinding 156- Cylindrical/Universal Grinding M/Cs 31- Internal Grinding M/Cs 11- Surface Grinding M/Cs 16- Honing M/Cs 4- Other Grinding M/Cs 94

6 Gear/Splines Cutting 84- Rack type Shaper 4- Circular Shaper 12- Straight Bevel Gear cutting machine 6- Spiral Bevel Gear cutting machine 3- Cold Rolling Machine 1

- Gear Hobbing Machine 26- Gear Shaving Machine 8- Other Gearing Machines 24

MACHINERY/EQUIPMENTS INSTALLED IN PMTF

7 Die Casting 12

8 Heat Treatment 15- Pit type furnaces 4- SQFs 5- Rotary furnace 2- Induction Hardening 4

9 Forging 21- Board Drop Hammers 2

- Pneumatic Hammers 5- Press (Trimming/Forging) 6- Furnaces for forging/Normalizing 8

10 Other Auxiliary/Miscellaneous Machines and Equipment 240

Total 971

MACHINERY/EQUIPMENTS INSTALLED IN PMTF

MARKET SCENARIO

TRACTORS

26,644

68,000

70,000

63,500

26,240

61,000

48,80239,65937,770

31,63534,559

23,801

-10,00020,00030,00040,00050,00060,00070,00080,000

98-99 99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10

YEARS

QTY

in N

os

MOTORCYCLES

108,85086,95987,504 120,627165,105

322,816484,223

632,395

715,200805,000

1,000,000

912,000

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

98-99 99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10

YEARS

QTY

IN N

os

TRUCKS, BUSES & LCVs

18,216

44,17052,560

62,540

10,908

9,409

9,662

74,430

15,300

37,117

88,570

10,189-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

98-99 99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10

YEARS

QTY

in N

os

PASSENGER CARS

300,000

201,000

174,000

155,515

124,710100,240

61,81438,682

32,461

39,573

40,088

250,000

-

50,000

100,000

150,000

200,000

250,000

300,000

350,000

98-99 99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10

YEARS

QTY

in N

os

PROJECTED DEMAND OF AUTOMOTIVE VEHICLESMARKET SCENARIO OF AUTOMOTIVE SECTOR

ACTUAL

ACTUAL

ACTUAL

ACTUAL

ProjectedProjected

ProjectedProjected

PRODUCT DIVERSIFICATION

PRODUCT DIVERSIFICATION  

     Since its inception, PMTF has kept on diversifying its products in line with market need. Presently it is engaged in manufacturing of a wide range of products relating to machine tools, automotive transmissions, and defence.

      Keeping in view current market trends / needs, PMTF can further diversify its

products by utilizing existing production facilities and balancing / adding facilities wherever required. This will substantially increase its annual turnover and improve its operating results.

      PMTF has already developed CNC Lathe and CNC Milling Machines for training

purpose. Considering continuous increase in demand of CNC machines of medium size from local manufacturing concerns, PMTF can start production of these machines under technical collaboration / Joint Venture with renowned foreign firms. The government has already exempted custom duty on import of components for CNC machines to encourage its local production.

      PMTF has vast experience for manufacture of transmission and axle components and

their assemblies for trucks and tractors. It can join hand with a foreign partner for production of complete tractor to fill the gap in present demand and supply.

      PMTF has been manufacturing wheel parts of motorcycles. It has also developed

certain engine parts. During last few years a number of assemblers have entered into the local market and addressed the market segment needing low priced motorcycles. PMTF can focus on assembly of complete Sports Motorcycles for the market segment of youngsters. This motorcycle of good quality with reasonable price can attract thissegment.

     PMTF has long history of producing weapons involving barrels. It can select some

weapons of new generation in consultation with Pakistan Armed Forces and produce the same by adding facilities, wherever required.

PROSPECTS OF

PRIVATIZATION

PROSPECTS OF PRIVATIZATION

     The following strengths of PMTF can be further exploited after privatization:

Good reputation in the market. Long term goodwill with a number of regular customers. Manufacturing skill and know-how. Proximity with large number of Automotive Assemblers (like Pak Suzuki, Indus Motors.) National Highway, Port Bin Qasim. Integrated Production Facilities. Abundant Land for expansion.

     Operational results can be further improved by taking actions as under:

Up-gradation of production facilities for improving quality and productivity. Rationalizing / balancing the strength of employees to reduce wage bill and increase efficiency.

Apr 8, 2023