First Capital Equities Limited FCEL
Rs 4.75
Vol21,117Updated09:1515 Oct 2026
At a Glance
The headline take on FCEL — valuation, income, returns, and efficiency
Consolidated snapshot
Price & Performance
Closing prices across timeframes, returns, and range context
FCEL — Price History
Daily closing series · toggle period below
Key Metrics
Valuation, profitability, structure, and risk in one grid
Dividend History & Yield
Payout track record, yield trend, and upcoming distribution
No dividend payouts on record for FCEL
PSX has no payout announcements for this company in the recent record. Some companies reinvest earnings rather than distribute them — check the Financials section for retained earnings.
Financials & Earnings
Income, balance sheet, and key ratios from published accounts
FCEL's market capitalisation stands at Rs 671.34M as of 14 Oct 2026 — down 27.4% over the past 12 months (from Rs 924.33M).
Financial Statements
How FCEL's income and balance sheet have evolved
| PKR Millions | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | Trend |
|---|---|---|---|---|---|---|---|
| Administrative Expenses | 2.6 | 0.74 | 2.25 | 1.13 | 3.71 | 9.97 | |
| Operating Profit | 60.99 | 16.5 | — | — | 90.85 | -3.69 | |
| Other Income | 110.74 | 2.35 | 2.14 | 0 | 0.03 | 79.24 | |
| Financial Charges | 0 | 0 | 0.01 | 0 | 0 | 2.08 | |
| Profit Before Tax | 171.36 | 18.82 | -18.08 | -79.6 | 90.88 | 75.54 | |
| Profit After Tax | 170.91 | 17.8 | -18.08 | -79.6 | 90.13 | -3.48 | |
| EPS - Basic (Rs) | Rs 1.21 | Rs 0.13 | Rs -0.13 | Rs -0.56 | Rs 0.63 | Rs -0.03 |
All figures in PKR millions from published accounts.
Profitability & Returns
Margins, returns on capital, and earnings per share
Latest · FY25
| Ratio | Value |
|---|---|
| Return on equity | 32.6% |
| Return on assets | 13.8% |
| Return on capital employed | 5.3% |
Return on equity
Net profit ÷ equity · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY25
| Ratio | Value |
|---|---|
| Current ratio | 4.63 |
| Quick ratio | 3.28 |
| Cash ratio | 1.08 |
| Effective tax rate | — |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 671.34M
Valuation & Capital Returns
What the market is paying for FCEL, and what it returns to shareholders
Latest · FY25
| Ratio | Value |
|---|---|
| Price to earnings | 5.16x |
| Price to book | 1.68x |
Price to earnings
Period-end price ÷ EPS · times
Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 4.88) is below the 30-day SMA (Rs 5.04). RSI at 39 sits in the neutral band.
Moving AverageThe average close over a set window (10/30/200 days) — smooths daily noise to reveal the trend.Read the full guide →
| Period | Value | vs Current | Position |
|---|---|---|---|
| SMA 10 | Rs 4.88 | +2.78% | Below |
| SMA 30 | Rs 5.04 | +6.04% | Below |
| SMA 60 | Rs 5.09 | +7.26% | Below |
| SMA 200 | Rs 5.57 | +17.17% | Below |
At 39, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.
- MACD-0.09
- Signal-0.06
- Histogram-0.03
Leverage Insights
MTS, margin financing, futures open interest, and combined exposure
No leverage exposure reported
FCEL is not currently financed through MTS or margin financing (MFS), and shows no futures open interest or blank sales on the latest NCCPL/PSX reports.
Settlement Insights
UIN-wise settlement concentration and price context
Metrics and charts over the selected trailing window
Settlement % Trajectory
Solid = UIN settlement % · Dashed = 14-session EMA
As of 14 Oct 2026
Price vs Settlement
Close price (left axis) · UIN settlement % (right axis)
About the Company
Business description, governance, and corporate information
First Capital Equities Limited was incorporated in Pakistan on January 26, 1995 as a private limited company, under the Companies Ordinance, 1984 (now Companies Act, 2017). The Company was converted into a public limited company on June 18, 1997. The principal activity of the Company is to acquire, construct, develop, sell, rent out and manage shops, apartments, villas and commercial buildings.
Corporate Information
- RegistrarCorplink (Pvt.) Limited Wings Arcade,1-K, Commercial Model Town, Lahore
- AuditorMalik Haroon Ahmad & Co, Chartered Accountants
- Websitewww.firstcapital.com.pk
- AddressFirst Capital House, 96-B/1, Lower Ground Floor, M.M. Alam Road, Gullberg-III, Lahore
- SectorInv. Banks / Inv. Cos. / Securities Cos.
- Financial Year EndJune
Key People
| Name | Role |
|---|---|
SAShabana Atta | CEO |
MSMalik Safeer Raza Awan | Chairperson |
SJShahzad Jawahar | Company Secretary |
Reports & Filings
- Quarterly Report — 31 Mar 2026PDF
- Quarterly Report — 31 Dec 2025PDF
- Quarterly Report — 30 Sep 2025PDF
- Quarterly Report — 31 Mar 2025PDF
- Annual Report FY2025PDF
- Quarterly Report — 31 Dec 2024PDF
- Quarterly Report — 30 Sep 2024PDF
- Quarterly Report — 31 Mar 2024PDF
Sourced from official PSX financial-report submissions.
Recent Announcements
Latest company filings as reported on PSX
Filings and disclosures from the PSX announcement feed
- 09 Oct 2026Board Meeting
- 08 Oct 2026Other
- 07 Oct 2026General Meeting
- 06 Oct 2026Report
- 25 Sep 2026Financial Results
- 18 Sep 2026Board Meeting
- 06 Jul 2026Other
- 29 Apr 2026Financial Results
Peers in Inv. Banks / Inv. Cos. / Securities Cos.
How the cohort is moving — same-sector stocks by market cap
FCEL vs Inv. Banks / Inv. Cos. / Securities Cos. sector median
| Metric | FCEL | Sector median |
|---|---|---|
| P/E RatioShare price ÷ earnings per share — the price you pay for each rupee of annual profit. Compare within a sector.Read the full guide → | 3.9x | 9.0x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | — | 4.7% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | 32.6% | 9.1% |
| 1-Year Return | -25.7% | +7.1% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 671.34M | Rs 2.25B |
Inv. Banks / Inv. Cos. / Securities Cos. · sector heat
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Frequently Asked Questions
The most common questions investors ask about FCEL
FCEL is trading at Rs 4.75, within a 52-week range of Rs 4.03–8.76, from the 15-minute snapshot taken at 09:15 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.
First Capital Equities Limited was incorporated in Pakistan on January 26, 1995 as a private limited company, under the Companies Ordinance, 1984 (now Companies Act, 2017). See About the Company on this page for the full profile, management, and corporate information.
FCEL has not declared a cash dividend in the recent PSX record — some companies reinvest earnings instead; see the Financials section. For income ideas, browse the highest dividend yield stocks on PSX.
No — FCEL is not currently a KSE-100 constituent. See the full KSE-100 index constituents and weights. FCEL is not currently on the PSX Shariah-compliant list.
FCEL trades at 3.9x earnings against a Inv. Banks / Inv. Cos. / Securities Cos. median of 9.0x. The full comparison table and peer list are in the Peers section, or explore the Inv. Banks / Inv. Cos. / Securities Cos. sector page.
Annual reports for FY2025 are linked under Reports & Filings in the About section of this page, sourced from official PSX submissions.
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