First Capital Equities Limited
The brief
2026-09-30Revenue declined by 82% over the last 12 months while operating profit declined at 260%. Profit fell 252%. Operating margin fell from 98% to -343%. Debt-to-equity went from 1.07 to 1.56. It has less cover for its short-term bills: the current ratio fell from 0.73 to 0.55.
Operating margin over the last 12 months is -343.0%.
Revenue over the last 12 months fell 82.0%.
Profit over the last 12 months fell 252.0%.
Price history
See how FCEL 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, FCEL's sales fell 92% to Rs 8.2mn, from Rs 105.6mn, and profit after tax was a loss of Rs 11.6mn, against Rs 105.2mn (compared with Jul–Sep 2025).
Earnings per share were -Rs 0.08, against Rs 0.75 a year earlier.
At Rs 4.49, FCEL trades at 5.1 times earnings.
- P/E ratio
- 5.1
- Dividend payout
- 0%
- of earnings
- Return on equity
- -35%
- Net margin
- -778.0%
- last 12 months
- Debt to equity
- 1.56
FCEL quarterly results
Reported figures| Quarter | Sales | Profit after tax | Net margin | EPS | Dividend / share |
|---|---|---|---|---|---|
| Jul–Sep 2026 | Rs 8.2mn | -Rs 11.6mn | -141.4% | -Rs 0.08 | — |
| Apr–Jun 2026 | Rs 55.1mn | -Rs 54.9mn | -99.5% | -Rs 0.39 | — |
| Jan–Mar 2026 | -Rs 74.5mn | -Rs 93.5mn | 125.4% | -Rs 0.66 | — |
| Oct–Dec 2025 | Rs 32.2mn | -Rs 3.2mn | -9.9% | -Rs 0.02 | — |
| Jul–Sep 2025 | Rs 105.6mn | Rs 105.2mn | 99.6% | Rs 0.75 | — |
| Apr–Jun 2025 | Rs 19.8mn | Rs 128.2mn | 646.7% | Rs 0.93 | — |
| Jan–Mar 2025 | -Rs 28.1mn | -Rs 28.5mn | 101.5% | -Rs 0.20 | — |
| Oct–Dec 2024 | Rs 43.7mn | Rs 43.6mn | 99.7% | Rs 0.31 | — |
FCEL annual results and dividends
Reported figures| Year | Sales | Profit after tax | EPS | Dividend / share |
|---|---|---|---|---|
| Year to Jun 2026 | Rs 118.4mn | -Rs 46.4mn | -Rs 0.33 | — |
| Year to Jun 2025 | Rs 63.6mn | Rs 170.9mn | Rs 1.23 | — |
| Year to Jun 2024 | Rs 17.2mn | Rs 17.8mn | Rs 0.13 | — |
| Year to Jun 2023 | -Rs 17.1mn | -Rs 18.1mn | -Rs 0.13 | — |
| Year to Jun 2022 | -Rs 77.0mn | -Rs 79.6mn | -Rs 0.55 | — |
Balance sheet and price
Balance sheet as of Sep 2026- Total assets
- Rs 1.3bn
- Shareholders' equity
- Rs 465.6mn
- Cash & bank
- Rs 218,013
- Total debt
- Rs 725.3mn
- Current ratio
- 0.55
- 3-month high
- Rs 5.47
- 3-month low
- Rs 4.49
- 1-month change
- -12.0%
- 3-month change
- -15.3%
Read more about FCEL
Other inv. banks / inv. cos. / securities cos. companies
- 786786 Investment LimitedRs 20.75P/E 11.4
- ARMGARM Green Industries LimitedRs 46.15P/E 143.0
- DLLDawood Lawrencepur LtdRs 42.53P/E 8.5
- ENGROHEngro Holdings LimitedRs 258.89P/E 7.5
- FCIBLFirst Credit and Investment Bank LimitedRs 58.52P/E 29.7
- FCSCFirst Capital Securities Corporation LimitedRs 5.06P/E 1.5
- IMLImperial LtdRs 23.10P/E 31.6
- JSILJS Investments LimitedRs 33.50P/E 5.5
- MCBIMMCB investment management LimitedRs 149.41P/E 7.2
- PSXPakistan Stock Exchange LtdRs 41.96P/E 17.8
- SIBLSecurity Investment Bank LimitedRs 6.29P/E 46.4
- SPAC2LSE SPAC-II LimitedRs 14.11
FCEL: common questions
What is FCEL's share price?
First Capital Equities Limited (FCEL) last closed at Rs 4.49 on the Pakistan Stock Exchange.
Does FCEL pay a dividend?
First Capital Equities Limited reported no dividend for the year to Jun 2026.
What were FCEL's latest results?
In the Jul–Sep 2026 quarter, FCEL's sales fell 92% to Rs 8.2mn, from Rs 105.6mn, and profit after tax was a loss of Rs 11.6mn, against Rs 105.2mn (compared with Jul–Sep 2025).
What is FCEL's P/E ratio?
At Rs 4.49, FCEL trades at 5.1 times its earnings.
Figures are taken from the company's published financial statements and PSX prices. This page is information, not investment advice.