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^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 |
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
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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