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First Capital Equities Limited FCEL

Market openNon-compliant segment

Rs 5.30

+0.30 (+6.00%)

Vol146,344Updated15:4618 Sep 2026

At a Glance

The headline take on FCEL — valuation, income, returns, and efficiency

Consolidated snapshot

First Capital Equities Limited (FCEL) is an Inv. Banks / Inv. Cos. / Securities Cos. company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, FCEL last traded at Rs 5.30 (+6.00% on the day) with a market cap of Rs 706.68M and a free float of 30.0%. Over the last 12 months the stock has returned -17.4%. The stock trades at a P/E of 4.1x.

Prices through 18 Sep 2026 · FY data through FY25 · Quarterly through Mar-26

4.1x
Rs 1.21
1Y Return
-17.4%
Rs 706.68M

Price & Performance

Closing prices across timeframes, returns, and range context

FCEL — Price History

Daily closing series · toggle period below

1M Return-5.7%
3M Return-11.2%
6M Return-0.2%
1Y Return-17.4%
Day's Range100% of range
Rs 5.30
LowRs 4.87
HighRs 5.19
52-Week Range27% of range
Rs 5.30
LowRs 4.03
HighRs 8.76

Key Metrics

Valuation, profitability, structure, and risk in one grid

4.1xTrailing annual EPS
Rs 1.21Latest annual · basic
1.43xBook Rs 3.70
No recent payout
1.00Lower than market
Rs 706.68MSmall cap
30.0%42.40M shares
1.21Moderate leverage
32.6%Latest annual
Rs 10Per share

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 706.68M as of 17 Sep 2026 down 16.9% over the past 12 months (from Rs 850.84M).

Financial Statements

How FCEL's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Administrative Expenses2.60.742.251.133.719.97
Operating Profit60.9916.590.85-3.69
Other Income110.742.352.1400.0379.24
Financial Charges000.01002.08
Profit Before Tax171.3618.82-18.08-79.690.8875.54
Profit After Tax170.9117.8-18.08-79.690.13-3.48
EPS - Basic (Rs)Rs 1.21Rs 0.13Rs -0.13Rs -0.56Rs 0.63Rs -0.03

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Return on equity32.6%
Return on assets13.8%
Return on capital employed5.3%

Return on equity

Net profit ÷ equity · %

0.0%8.2%16.3%24.5%32.6%-1.0%FY2020.8%FY215.0%FY2432.6%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Current ratio4.63
Quick ratio3.28
Cash ratio1.08
Effective tax rate

Current ratio

Current assets ÷ current liabilities

0.001.162.313.474.630.51FY200.57FY210.51FY244.63FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 706.68M

Rs 1.19BRs 836.07MRs 484.92MRs 133.77MSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 706.68M

Valuation & Capital Returns

What the market is paying for FCEL, and what it returns to shareholders

Latest · FY25

RatioValue
Price to earnings5.16x
Price to book1.68x

Price to earnings

Period-end price ÷ EPS · times

0.00x11.73x23.46x35.19x46.92x15.06xFY2146.92xFY245.16xFY25Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 5.06) is below the 30-day SMA (Rs 5.13). RSI at 47 sits in the neutral band.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 5.06-4.51%Above
SMA 30Rs 5.13-3.24%Above
SMA 60Rs 5.15-2.83%Above
SMA 200Rs 5.67+6.89%Below
47Neutral
0 · Oversold305070100 · Overbought

At 47, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD-0.05
  • Signal-0.04
  • Histogram-0.01
R2Resistance 2
Rs 6.71
26.7%
R1Resistance 1
Rs 5.86
10.5%
NOWCurrent
Rs 5.30
S1Support 1
Rs 4.45
-16.1%
S2Support 2
Rs 3.89
-26.5%

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

Latest UIN %96.42%Most recent print
Average · 3M88.20%Mean over window
Change · 3M-0.30%First → last
Range · 3M50.2–100.0%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 17 Sep 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 30.0%Non-float · 70.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 1.41B
Total Shares141.34M
42.40M
30.0%
Year EndJun
Enterprise ValueRs 1.34B

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.

Inv. Banks / Inv. Cos. / Securities Cos.

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

NameRole
SAShabana Atta
CEO
MSMalik Safeer Raza Awan
Chairperson
SJShahzad Jawahar
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

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

Median across 35 sector constituents · nulls excluded per metric

MetricFCELSector median
4.1x9.3x
4.3%
32.6%9.1%
1-Year Return-17.4%+20.5%
Rs 706.68MRs 2.28B

Frequently Asked Questions

The most common questions investors ask about FCEL

FCEL is trading at Rs 5.30, up 6.00% on the day, within a 52-week range of Rs 4.03–8.76, from the 15-minute snapshot taken at 15:47 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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