First Punjab Modaraba
Shariah compliantThe brief
2026-06-30Revenue declined by 4% over the last 12 months while operating profit expanded faster at 1%, so more of each rupee of sales turned into profit. Profit grew 22% over the same period. Operating margin rose from 54% to 74%. Debt-to-equity went from 0.00 to 0.00. It has less cover for its short-term bills: the current ratio fell from 5.06 to 4.29.
Profit over the last 12 months grew 22.0%.
Operating margin over the last 12 months is 74.0%.
Revenue over the last 12 months fell 4.0%.
Debt-to-equity is 0.00.
Price history
See how FPJM 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: Apr–Jun 2026In the Apr–Jun 2026 quarter, FPJM's sales fell 17% to Rs 47.8mn, from Rs 57.4mn, and profit after tax was a loss of Rs 16.9mn, against a loss of Rs 41.0mn (compared with Apr–Jun 2025).
Earnings per share were -Rs 0.50, against -Rs 1.21 a year earlier.
- Return on equity
- -6%
- Net margin
- -40.0%
- last 12 months
- Debt to equity
- 0.00
FPJM quarterly results
Reported figures| Quarter | Sales | Profit after tax | Net margin | EPS | Dividend / share |
|---|---|---|---|---|---|
| Apr–Jun 2026 | Rs 47.8mn | -Rs 16.9mn | -35.3% | -Rs 0.50 | — |
| Jan–Mar 2026 | Rs 54.4mn | Rs 452,950 | 0.8% | Rs 0.01 | — |
| Oct–Dec 2025 | Rs 51.2mn | -Rs 46.4mn | -90.6% | -Rs 1.36 | — |
| Jul–Sep 2025 | Rs 61.7mn | -Rs 22.5mn | -36.5% | -Rs 0.66 | — |
| Apr–Jun 2025 | Rs 57.4mn | -Rs 41.0mn | -71.5% | -Rs 1.21 | — |
| Jan–Mar 2025 | Rs 70.7mn | -Rs 63.0mn | -89.1% | -Rs 1.85 | — |
| Oct–Dec 2024 | Rs 47.5mn | -Rs 114.6mn | -241.0% | -Rs 3.43 | — |
| Jul–Sep 2024 | Rs 113.3mn | Rs 5.6mn | 4.9% | Rs 0.16 | — |
FPJM annual results and dividends
Reported figures| Year | Sales | Profit after tax | EPS | Dividend / share |
|---|---|---|---|---|
| Year to Dec 2025 | Rs 241.0mn | -Rs 172.9mn | -Rs 5.08 | — |
| Year to Dec 2024 | Rs 376.1mn | -Rs 94.4mn | -Rs 2.84 | — |
| Year to Dec 2023 | Rs 310.8mn | -Rs 111.6mn | -Rs 3.27 | — |
| Year to Dec 2022 | Rs 198.3mn | -Rs 88.9mn | -Rs 2.66 | — |
| Year to Dec 2021 | Rs 85.3mn | Rs 3.0mn | Rs 0.09 | — |
Balance sheet and price
Balance sheet as of Jun 2026- Total assets
- Rs 1.7bn
- Shareholders' equity
- Rs 1.5bn
- Cash & bank
- Rs 55.4mn
- Total debt
- Rs 0
- Current ratio
- 4.29
- 3-month high
- Rs 32.92
- 3-month low
- Rs 7.70
- 1-month change
- -29.4%
- 3-month change
- +78.4%
Read more about FPJM
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FPJM: common questions
What is FPJM's share price?
First Punjab Modaraba (FPJM) last closed at Rs 18.82 on the Pakistan Stock Exchange.
What were FPJM's latest results?
In the Apr–Jun 2026 quarter, FPJM's sales fell 17% to Rs 47.8mn, from Rs 57.4mn, and profit after tax was a loss of Rs 16.9mn, against a loss of Rs 41.0mn (compared with Apr–Jun 2025).
Figures are taken from the company's published financial statements and PSX prices. This page is information, not investment advice.