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capitalstake.com. Provided by * Returns not adjusted for payouts
^The historical stock prices have been adjusted to reflect stock splits to ensure comparability over time.
Company Profile
The Company, ARM Green Industries Limited (formerly Calcorp Limited) was incorporated on April 1, 1992 in Pakistan as a public limited company and its shares are quoted on the Pakistan Stock Exchange (“PSX”). The Company’s principal line of business was vehicles plied for hire. In the Extraordinary General Meeting of the Company held on January 22, 2026 the shareholders passed special resolution to change it to manufacturing, assembly, trading, import and export of renewable energy equipment and ancillary products and rendering of services.
| Asif Ali | CEO |
| Muhammad Hanif Shaikh | Chairperson |
| Rizwan Masood | Company Secretary |
F.D Registrar Services (SMC-Pvt) Limited 17th Floor, Saima Trade A I.I Chundrigar Road Karachi
UHY Hassan Naeem & Co. Chartered Accountants 402, Progressive Center, Sharah-e-Faisal, Karachi. Phone: +92 21 343 225 51
June
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Apr 24, 2026 | Transmission of Quarterly Financial Statements for the Period Ended March 31, 2026 | View PDF |
| Apr 24, 2026 | Financial Results for Period Ended March 31, 2026 | View PDF |
| Date | Title | Document |
|---|---|---|
| Aug 3, 2026 | Appointment of Company Secretary | View PDF |
| Jul 1, 2026 | Election of Directors and Appointment of Chairman of the Board and Chief Executive Officer | View PDF |
| Jun 23, 2026 | NOTICE UNDER SECTION 159(4) OF THE COMPANIES ACT , 2017 | View PDF |
| Apr 27, 2026 | Resignation Of Company Secretary | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Sales | 10,490 | 16,182 | 10,363 | 20,705 |
| Total Income | 25,890 | 42,039 | 12,697 | 72,473 |
| Profit after Taxation | 10,474 | 13,617 | 19,945 | (8,658) |
| EPS | 0.97 | 1.27 | 1.86 | (0.81) |
| Q3 2026 | Q2 2026 | Q1 2026 | Q3 2025 | |
|---|---|---|---|---|
| Sales | 2,285 | |||
| Total Income | 5,711 | 5,615 | ||
| Profit after Taxation | (2,151) | 2,862 | (1,052) | 1,659 |
| EPS | (0.20) | 0.27 | (0.10) | 0.15 |

Ratios
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Net Profit Margin (%) | 40.46 | 32.39 | 157.08 | (11.95) |
| EPS Growth (%) | (23.62) | (31.72) | 329.63 | (174.31) |
| PEG | (1.71) | (0.43) | 0.03 | 0.10 |









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