First Elite Capital Modaraba
Shariah compliantThe brief
2026-09-30Revenue declined by 4% over the last 12 months while operating profit declined at 11%. Profit fell 10%. Operating margin held around -17%. Debt-to-equity went from 0.00 to 0.00. It has more cover for its short-term bills: the current ratio went from 1.53 to 1.66.
Operating margin over the last 12 months is -17.0%.
Revenue over the last 12 months fell 4.0%.
Profit over the last 12 months fell 10.0%.
Price history
See how FECM 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, FECM's sales fell 16% to Rs 9.5mn, from Rs 11.3mn, and profit after tax was a loss of Rs 2.6mn, against a loss of Rs 1.9mn (compared with Jul–Sep 2025).
Earnings per share were -Rs 0.23, against -Rs 0.17 a year earlier.
- Dividend payout
- 0%
- of earnings
- Return on equity
- -6%
- Net margin
- -18.0%
- last 12 months
- Debt to equity
- 0.00
FECM quarterly results
Reported figures| Quarter | Sales | Profit after tax | Net margin | EPS | Dividend / share |
|---|---|---|---|---|---|
| Jul–Sep 2026 | Rs 9.5mn | -Rs 2.6mn | -27.7% | -Rs 0.23 | — |
| Apr–Jun 2026 | Rs 11.3mn | -Rs 972,774 | -8.6% | -Rs 0.09 | — |
| Jan–Mar 2026 | Rs 10.4mn | -Rs 3.0mn | -29.1% | -Rs 0.27 | — |
| Oct–Dec 2025 | Rs 12.8mn | -Rs 1.1mn | -8.6% | -Rs 0.10 | — |
| Jul–Sep 2025 | Rs 11.3mn | -Rs 1.9mn | -17.0% | -Rs 0.17 | — |
| Apr–Jun 2025 | Rs 7.6mn | Rs 5.6mn | 74.1% | Rs 0.58 | — |
| Jan–Mar 2025 | Rs 10.6mn | -Rs 289,646 | -2.7% | -Rs 0.03 | — |
| Oct–Dec 2024 | Rs 12.0mn | -Rs 305,623 | -2.6% | -Rs 0.03 | — |
FECM annual results and dividends
Reported figures| Year | Sales | Profit after tax | EPS | Dividend / share |
|---|---|---|---|---|
| Year to Jun 2026 | Rs 45.8mn | -Rs 7.0mn | -Rs 0.62 | — |
| Year to Jun 2025 | Rs 40.7mn | Rs 4.7mn | Rs 0.49 | — |
| Year to Jun 2024 | Rs 38.2mn | Rs 23.6mn | Rs 1.97 | — |
| Year to Jun 2023 | Rs 33.8mn | -Rs 7.1mn | -Rs 0.63 | — |
| Year to Jun 2022 | Rs 35.9mn | -Rs 7.2mn | -Rs 0.64 | — |
Balance sheet and price
Balance sheet as of Sep 2026- Total assets
- Rs 237.7mn
- Shareholders' equity
- Rs 133.9mn
- Cash & bank
- Rs 17.9mn
- Total debt
- Rs 0
- Current ratio
- 1.66
- 3-month high
- Rs 27.72
- 3-month low
- Rs 17.05
- 1-month change
- -5.2%
- 3-month change
- +0.1%
Read more about FECM
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FECM: common questions
What is FECM's share price?
First Elite Capital Modaraba (FECM) last closed at Rs 17.66 on the Pakistan Stock Exchange.
Does FECM pay a dividend?
First Elite Capital Modaraba reported no dividend for the year to Jun 2026.
What were FECM's latest results?
In the Jul–Sep 2026 quarter, FECM's sales fell 16% to Rs 9.5mn, from Rs 11.3mn, and profit after tax was a loss of Rs 2.6mn, against a loss of Rs 1.9mn (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.

