Sindh Modaraba SINDM
Rs 50.79
Vol315,548Updated15:5012 Oct 2026
At a Glance
The headline take on SINDM — valuation, income, returns, and efficiency
Consolidated snapshot
Price & Performance
Closing prices across timeframes, returns, and range context
SINDM — 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
SINDM has paid Rs 1.40 per share in cash dividends over the trailing 12 months — a 2.8% yield at the last close. Its most recent payout was Rs 1.40/share, announced 24 Sep 2026 with book closure from 13 Oct 2026.
Latest Payout
Dividend Per Share Trend
Not enough history for a trend yet — see the payout table below.
Payout History
Source: PSX company payouts
| Announced | For Period | Type | Amount | Book Closure |
|---|---|---|---|---|
| 24 Sep 2026 | 30 Jun 2026 (YR) | Cash | Rs 1.40(14%) | 13 Oct 2026 – 20 Oct 2026 |
| 19 Sep 2025 | 30 Jun 2025 (YR) | Cash | Rs 1.35(13.5%) | 17 Oct 2025 – 24 Oct 2025 |
Financials & Earnings
Income, balance sheet, and key ratios from published accounts
SINDM's market capitalisation stands at Rs 2.25B as of 09 Oct 2026 — up 149.2% over the past 12 months (from Rs 904.05M).
Financial Statements
How SINDM's income and balance sheet have evolved
| PKR Millions | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | Trend |
|---|---|---|---|---|---|---|---|
| Net Sales / Revenue | 341.8 | 407.34 | 279.66 | 167.02 | 138.24 | 188.07 | |
| Administrative Expenses | 87.44 | 64.57 | — | — | — | — | |
| Other Income | 7.97 | 0.69 | — | — | — | — | |
| Profit Before Tax | 236.38 | 306.49 | 194.58 | 100.69 | 75.82 | 107.88 | |
| Taxation | 56.27 | 105.16 | — | — | — | — | |
| Profit After Tax | 180.11 | 201.33 | 130.41 | 66.31 | 75.82 | 107.88 | |
| EPS - Basic (Rs) | Rs 4.00 | Rs 4.47 | Rs 2.90 | Rs 1.47 | Rs 1.68 | Rs 2.40 |
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 | 52.7% |
Net profit margin
Net profit ÷ revenue · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY24
| Ratio | Value |
|---|---|
| Current ratio | 21.39 |
| Asset turnover | 0.21x |
| Effective tax rate | 34.3% |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 2.25B
Valuation & Capital Returns
What the market is paying for SINDM, and what it returns to shareholders
Latest · FY25
| Ratio | Value |
|---|---|
| Price to earnings | 8.90x |
| Price to book | 0.80x |
| Price to sales | 4.69x |
Price to earnings
Period-end price ÷ EPS · times
Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 37.11) is above the 30-day SMA (Rs 31.86). RSI at 83 is in overbought territory.
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 37.11 | -26.94% | Above |
| SMA 30 | Rs 31.86 | -37.27% | Above |
| SMA 60 | Rs 28.06 | -44.75% | Above |
| SMA 200 | Rs 25.21 | -50.37% | Above |
At 83, momentum is elevated — above 70 may signal a near-term pullback.
- MACD4.25
- Signal2.45
- Histogram+1.81
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 SINDM 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 12 Oct 2026
Price vs Settlement
Close price (left axis) · UIN settlement % (right axis)
About the Company
Business description, governance, and corporate information
Sindh Modaraba has been floated under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and is managed by Sindh Modaraba Management Limited. The Modaraba is a perpetual, multi-purpose and multi-dimensional Modaraba and is primarily engaged in providing Shariah compliant financing facilities to credit worthy customers.
Corporate Information
- RegistrarF.D. Registrar Services (SMC-Pvt.) Ltd. Office # 1705, 17th Floor, Saima Trade Tower-A I.I. Chundrigarh Road, Karachi
- AuditorGrant Thornton Anjum Rahman Chartered Accountants
- Websitewww.sindhmodarabaltd.com
- Address1st Floor, Imperial Court, Dr. Ziauddin Ahmed Road Karachi,Pakistan.
- SectorModarabas
- Financial Year EndJune
Key People
| Name | Role |
|---|---|
ARAbdul Rauf Chandio | CEO |
WMWaseem Mehdi Syed | Chairperson |
MAMuhammad Adnan Shakeel | Company Secretary |
Reports & Filings
Recent Announcements
Latest company filings as reported on PSX
Filings and disclosures from the PSX announcement feed
- 07 Oct 2026Board MeetingBoard Meeting
- 29 Sep 2026Report
- 29 Sep 2026Other
- 24 Sep 2026Financial Results
- 23 Sep 2026Board MeetingBoard Meeting In Progress
- 16 Sep 2026Board MeetingBoard Meeting
- 16 Sep 2026Management ChangeAppointment Of Non-Executive Director
- 08 Sep 2026Material Information
Peers in Modarabas
How the cohort is moving — same-sector stocks by market cap
SINDM vs Modarabas sector median
| Metric | SINDM | 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 → | 12.5x | 12.6x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | 2.8% | 5.3% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | 9.0% | 6.7% |
| 1-Year Return | +139.8% | +26.0% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 2.25B | Rs 703.87M |
Modarabas · sector heat
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Frequently Asked Questions
The most common questions investors ask about SINDM
SINDM last traded at Rs 50.79, up 4.36% on the day, within a 52-week range of Rs 15.21–50.07. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.
Sindh Modaraba has been floated under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and is managed by Sindh Modaraba Management Limited. See About the Company on this page for the full profile, management, and corporate information.
SINDM has paid Rs 1.40 per share in cash dividends over the trailing 12 months — a 2.8% yield at the last close. Review the payout history in the Dividends section and compare with the highest dividend yield stocks on PSX.
No upcoming payout is announced yet. The most recent was a payout of Rs 1.40 per share with book closure from 13 Oct 2026. New announcements appear on this page and on the PSX ex-dates calendar.
Yes — Sindh Modaraba is on the PSX's Shariah-compliant (KMI All Shares) list. Browse all Shariah-compliant PSX stocks.
SINDM trades at 12.5x earnings against a Modarabas median of 12.6x, with a 2.8% dividend yield versus 5.3%. The full comparison table and peer list are 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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