First Al-Noor Modaraba
Shariah compliantThe brief
2026-09-30Revenue declined by 45% over the last 12 months while operating profit declined at 535%. Profit fell 597%. Operating margin fell from 20% to -85%. Debt-to-equity went from 0.00 to 0.00. It has more cover for its short-term bills: the current ratio went from 22.26 to 22.52.
Operating margin over the last 12 months is -85.0%.
Revenue over the last 12 months fell 45.0%.
Profit over the last 12 months fell 597.0%.
Price history
See how FANM stands, and what it may be worth
How good the business is, where its support zone sits, the price that would start a downtrend, and AlphaGen's four fair-value cases open with a free account.
Latest results
Quarter: Jul–Sep 2026In the Jul–Sep 2026 quarter, FANM's sales fell 87% to Rs 2.4mn, from Rs 18.3mn, and profit after tax was a loss of Rs 9.1mn, against Rs 7.7mn (compared with Jul–Sep 2025).
Earnings per share were -Rs 0.39, against Rs 0.33 a year earlier.
- Dividend payout
- 0%
- of earnings
- Return on equity
- -8%
- Net margin
- -102.0%
- last 12 months
- Debt to equity
- 0.00
FANM quarterly results
Reported figures| Quarter | Sales | Profit after tax | Net margin | EPS | Dividend / share |
|---|---|---|---|---|---|
| Jul–Sep 2026 | Rs 2.4mn | -Rs 9.1mn | -383.5% | -Rs 0.39 | — |
| Apr–Jun 2026 | Rs 10.6mn | Rs 11.6mn | 109.4% | Rs 0.49 | — |
| Jan–Mar 2026 | Rs 2.9mn | -Rs 25.6mn | -894.9% | -Rs 1.11 | — |
| Oct–Dec 2025 | Rs 3.4mn | Rs 3.6mn | 105.5% | Rs 0.15 | — |
| Jul–Sep 2025 | Rs 18.3mn | Rs 7.7mn | 41.9% | Rs 0.33 | — |
| Apr–Jun 2025 | Rs 18.2mn | Rs 7.9mn | 43.1% | Rs 0.32 | — |
| Jan–Mar 2025 | Rs 6.1mn | -Rs 4.3mn | -69.7% | -Rs 0.18 | — |
| Oct–Dec 2024 | Rs 17.0mn | Rs 6.4mn | 37.8% | Rs 0.28 | — |
FANM annual results and dividends
Reported figures| Year | Sales | Profit after tax | EPS | Dividend / share |
|---|---|---|---|---|
| Year to Jun 2026 | Rs 35.1mn | -Rs 2.8mn | -Rs 0.14 | — |
| Year to Jun 2025 | Rs 43.7mn | Rs 3.1mn | Rs 0.12 | — |
| Year to Jun 2024 | Rs 34.0mn | Rs 38,402 | -Rs 0.01 | — |
| Year to Jun 2023 | Rs 35.3mn | Rs 534,553 | Rs 0.03 | — |
| Year to Jun 2022 | Rs 37.7mn | Rs 2.3mn | Rs 0.12 | — |
Balance sheet and price
Balance sheet as of Sep 2026- Total assets
- Rs 268.5mn
- Shareholders' equity
- Rs 248.4mn
- Cash & bank
- Rs 125.6mn
- Total debt
- Rs 0
- Current ratio
- 22.52
- 3-month high
- Rs 11.34
- 3-month low
- Rs 6.94
- 1-month change
- -5.8%
- 3-month change
- +31.9%
Read more about FANM
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FANM: common questions
What is FANM's share price?
First Al-Noor Modaraba (FANM) last closed at Rs 9.50 on the Pakistan Stock Exchange.
What were FANM's latest results?
In the Jul–Sep 2026 quarter, FANM's sales fell 87% to Rs 2.4mn, from Rs 18.3mn, and profit after tax was a loss of Rs 9.1mn, against Rs 7.7mn (compared with Jul–Sep 2025).
Figures are taken from the company's published financial statements and PSX prices. This page is information, not investment advice.