PEL (company)

Pak Elektron Limited
Company typePublic
PSXPAEL
KSE 100 component
IndustryElectronics
Founded1956 (1956)
HeadquartersLahore, Punjab, Pakistan
Area served
Pakistan
Key people
  • Muhammad Naseem Saigol (Chairman)
  • Muhammad Murad Saigol (CEO)
ProductsRefrigerators, Air conditioners, Microwave Ovens, Water Dispensers, Transformers, Switchgear and Energy Meters
RevenueIncrease Rs. 66.02 billion (US$230 million)[1] (2022)
Increase Rs. 5.43 billion (US$19 million)[1] (2022)
Decrease Rs. 1.06 billion (US$3.7 million)[1] (2022)
Total assetsIncrease Rs. 67.41 billion (US$230 million)[1] (2022)
Total equityIncrease Rs. 38.95 billion (US$130 million)[1] (2022)
ParentSaigol Group
Websitewww.pel.com.pk

Pak Elektron Limited (PEL) (Urdu: پاک الیکٹران لمیٹڈ) is a Pakistani major home appliances and electrical equipment manufacturer headquartered in Lahore.[2]

PEL operates in two segments - power and appliances. The former includes manufacturing of transformers, grid stations and energy meters among other goods, while the latter division deals in making, assembling and distribution of home appliances like refrigerators and air conditioner.[3][4]

  1. ^ a b c d e "PEL Annual Report 2022" (PDF). pel.com.pk. Retrieved 6 December 2023.
  2. ^ "Corporate results: Pak Elektron's earnings increase 84%". The Express Tribune. 1 September 2015. Retrieved 31 October 2016.
  3. ^ "Pak Elektron Limited | Business Recorder". Business Recorder. Retrieved 31 October 2016.
  4. ^ "A story of recovery after years of frozen growth - The Express Tribune". The Express Tribune. 5 September 2015. Retrieved 31 October 2016.