First Treet Manufacturing Modaraba
Shariah compliantThe brief
2026-06-30Revenue grew at a moderate 6% over the last 12 months while operating profit expanded faster at 42%, so more of each rupee of sales turned into profit. Profit grew 24% over the same period. Operating margin fell from 5% to 4%. Debt-to-equity went from 0.00 to 0.00. It has more cover for its short-term bills: the current ratio went from 3.82 to 5.88.
Revenue over the last 12 months grew 6.0%.
Profit over the last 12 months grew 24.0%.
Debt-to-equity is 0.00.
Price history
See how FTMM 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, FTMM's sales rose 26% to Rs 1.2bn, from Rs 930.5mn, and profit after tax rose 305% to Rs 30.5mn, from Rs 7.5mn (compared with Apr–Jun 2025).
Earnings per share were Rs 0.16, against Rs 0.01 a year earlier.
At Rs 18.98, FTMM trades at 156.4 times earnings.
- P/E ratio
- 156.4
- Dividend payout
- 0%
- of earnings
- Return on equity
- 4%
- Net margin
- 3.0%
- last 12 months
- Debt to equity
- 0.00
FTMM quarterly results
Reported figures| Quarter | Sales | Profit after tax | Net margin | EPS | Dividend / share |
|---|---|---|---|---|---|
| Apr–Jun 2026 | Rs 1.2bn | Rs 30.5mn | 2.6% | Rs 0.16 | — |
| Jan–Mar 2026 | Rs 976.5mn | Rs 12.9mn | 1.3% | Rs 0.07 | — |
| Oct–Dec 2025 | Rs 920.0mn | Rs 8.4mn | 0.9% | Rs 0.04 | — |
| Jul–Sep 2025 | Rs 1.1bn | Rs 68.2mn | 6.2% | Rs 0.35 | Rs 1.50 |
| Apr–Jun 2025 | Rs 930.5mn | Rs 7.5mn | 0.8% | Rs 0.01 | — |
| Jan–Mar 2025 | Rs 886.2mn | Rs 36.2mn | 4.1% | Rs 0.19 | — |
| Oct–Dec 2024 | Rs 973.2mn | Rs 62.7mn | 6.4% | Rs 0.07 | — |
| Jul–Sep 2024 | Rs 1.0bn | Rs 14.9mn | 1.5% | Rs 0.08 | — |
FTMM annual results and dividends
Reported figures| Year | Sales | Profit after tax | EPS | Dividend / share |
|---|---|---|---|---|
| Year to Jun 2026 | Rs 4.2bn | Rs 119.9mn | Rs 0.61 | — |
| Year to Jun 2025 | Rs 3.8bn | Rs 121.3mn | Rs 0.35 | — |
| Year to Jun 2024 | Rs 4.1bn | Rs 271.5mn | Rs 0.31 | — |
| Year to Jun 2023 | Rs 3.9bn | -Rs 126.4mn | -Rs 0.14 | — |
| Year to Jun 2022 | Rs 2.8bn | -Rs 541.7mn | — | — |
Balance sheet and price
Balance sheet as of Jun 2026- Total assets
- Rs 3.3bn
- Shareholders' equity
- Rs 2.8bn
- Cash & bank
- Rs 211.7mn
- Total debt
- Rs 0
- Current ratio
- 5.88
- 3-month high
- Rs 22.14
- 3-month low
- Rs 15.53
- 1-month change
- +4.2%
- 3-month change
- +18.6%
Read more about FTMM
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FTMM: common questions
What is FTMM's share price?
First Treet Manufacturing Modaraba (FTMM) last closed at Rs 18.98 on the Pakistan Stock Exchange.
Does FTMM pay a dividend?
First Treet Manufacturing Modaraba reported no dividend for the year to Jun 2026.
What were FTMM's latest results?
In the Apr–Jun 2026 quarter, FTMM's sales rose 26% to Rs 1.2bn, from Rs 930.5mn, and profit after tax rose 305% to Rs 30.5mn, from Rs 7.5mn (compared with Apr–Jun 2025).
What is FTMM's P/E ratio?
At Rs 18.98, FTMM trades at 156.4 times its earnings.
Figures are taken from the company's published financial statements and PSX prices. This page is information, not investment advice.

