First Punjab Modaraba FPJM
Rs 20.71
Vol1,120,972Updated15:507 Oct 2026
At a Glance
The headline take on FPJM — valuation, income, returns, and efficiency
Consolidated snapshot
Price & Performance
Closing prices across timeframes, returns, and range context
FPJM — 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 FPJM
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
FPJM's market capitalisation stands at Rs 704.55M as of 07 Oct 2026 — up 203.7% over the past 12 months (from Rs 232.02M).
Financial Statements
How FPJM's income and balance sheet have evolved
| PKR Millions | FY25 | FY24 | FY23 | FY22 | FY21 | Trend |
|---|---|---|---|---|---|---|
| Net Sales / Revenue | 211.3 | 404.65 | 331.32 | — | — | |
| Administrative Expenses | 96.5 | 98.46 | 79.99 | 88.33 | 37.61 | |
| Operating Profit | — | — | — | -81.55 | 4.56 | |
| Other Income | 40.21 | 111.17 | 79.15 | 69.09 | 7.58 | |
| Financial Charges | 309.33 | 370.61 | 358.39 | 220.72 | 55.33 | |
| Profit Before Tax | -172.92 | -79.03 | -161.07 | — | — | |
| Taxation | 0 | 15.34 | 49.51 | 8.03 | 1.59 | |
| Profit After Tax | -172.92 | -94.37 | -111.56 | -89.58 | 2.97 | |
| EPS - Basic (Rs) | Rs -5.08 | Rs -2.77 | Rs -3.21 | Rs -2.63 | Rs 0.09 |
All figures in PKR millions from published accounts.
Profitability & Returns
Margins, returns on capital, and earnings per share
Latest · FY25
| Ratio | Value |
|---|---|
| Net profit margin | -81.8% |
Net profit margin
Net profit ÷ revenue · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY25
| Ratio | Value |
|---|---|
| Current ratio | 4.31 |
| Quick ratio | 0.82 |
| Cash ratio | 0.48 |
| Asset turnover | 0.12x |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 704.55M
Valuation & Capital Returns
What the market is paying for FPJM, and what it returns to shareholders
Latest · FY25
| Ratio | Value |
|---|---|
| Price to book | 0.20x |
| Price to sales | 1.46x |
Price to book
Period-end price ÷ book value · times
Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 24.90) is above the 30-day SMA (Rs 23.73). RSI at 46 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 24.90 | +20.23% | Below |
| SMA 30 | Rs 23.73 | +14.60% | Below |
| SMA 60 | Rs 17.77 | -14.22% | Above |
| SMA 200 | Rs 10.68 | -48.45% | Above |
At 46, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.
- MACD0.91
- Signal2.03
- Histogram-1.12
Leverage Insights
MTS, margin financing, futures open interest, and combined exposure
Leverage Composition
MTS · MFS stacked over the selected window
No blank sales
No net blank (short) sales reported for FPJM on the latest PSX DFC report.
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 05 Oct 2026
Price vs Settlement
Close price (left axis) · UIN settlement % (right axis)
About the Company
Business description, governance, and corporate information
First Punjab Modaraba (the Modaraba) was formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and is managed by Punjab Modaraba Services (Private) Limited. The Modaraba is a perpetual, multi purpose and multi dimensional modaraba and is primarily engaged in the business of ijarah, musharika and morabaha financing, equity investment and other related business in accordance with the injunctions of Islam
Corporate Information
- RegistrarHameed Majeed Associates (Pvt) Ltd. H.M. House, 7-Bank Square, The Mall,Lahore
- AuditorHameed Majeed Associates (Pvt) Ltd. H.M. House, 7-Bank Square, The Mall,Lahore
- Websitewww.punjabmodaraba.com.pk
- AddressOffice No. 100, 3rd floor, National Tower, 28-Egerton Road, Lahore
- SectorModarabas
- Financial Year EndDecember
Key People
| Name | Role |
|---|---|
AJAsim Jahangir Seth | CEO |
IUIjaz Ur Rehman Qureshi | Chairperson |
SBShiraz Butt | Company Secretary |
Reports & Filings
- Quarterly Report — 30 Jun 2026PDF
- Quarterly Report — 31 Mar 2026PDF
- Quarterly Report — 30 Sep 2025PDF
- Quarterly Report — 30 Jun 2025PDF
- Quarterly Report — 31 Mar 2025PDF
- Annual Report FY2025PDF
- Quarterly Report — 30 Sep 2024PDF
- Quarterly Report — 30 Jun 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
- 21 Sep 2026Management Change
- 18 Sep 2026Shariah Disclosure
- 08 Sep 2026Material Information
- 31 Aug 2026Report
- 28 Aug 2026Financial Results
- 21 Aug 2026Other
- 28 Jul 2026Material Information
- 24 Jul 2026Corporate BriefingVideo Recording Of Corporate Briefing Session
Peers in Modarabas
How the cohort is moving — same-sector stocks by market cap
FPJM vs Modarabas sector median
| Metric | FPJM | 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 → | — | 11.1x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | — | 6.7% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | -11.3% | 6.7% |
| 1-Year Return | +216.2% | +26.5% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 704.55M | Rs 704.55M |
Modarabas · sector heat
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Frequently Asked Questions
The most common questions investors ask about FPJM
FPJM last traded at Rs 20.71, down 4.56% on the day, within a 52-week range of Rs 4.82–32.92. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.
First Punjab Modaraba (the Modaraba) was formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and is managed by Punjab Modaraba Services (Private) Limited. See About the Company on this page for the full profile, management, and corporate information.
FPJM 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.
Yes — First Punjab Modaraba is on the PSX's Shariah-compliant (KMI All Shares) list. Browse all Shariah-compliant PSX stocks.
A side-by-side comparison with the Modarabas sector median — valuation, yield, and returns — is in the Peers section, or explore the Modarabas 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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