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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
First Equity Modaraba was formed in 1991 under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. It is managed by Premier Financial Services (Private) Limited. The Modaraba is a perpetual, multi purpose modaraba able to undertake a variety of fund and fee based activities. These include trading, manufacturing, equity investment and their financing and facilitation. The Modaraba is a TREC holder of Pakistan Stock Exchange Limited.
| Adil A. Ghaffar | CEO |
| Nadeem Maqbool | Chairperson |
| Qazi Obaid Ullah | Company Secretary |
B-1004, 10th Floor Lakson Square Building # 3, Sarwar Shaheed Road, Karachi.
THK Associates (Pvt) Ltd 1st Floor, 40-C, Block 6, PECHS, Karachi
M/s Baker Tilly Mehmood Idrees Qamer & Co Chartered Accountants
June
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Nov 19, 2025 | Transmission of Annual Report for the Year Ended June 30 2025 | View PDF |
| Oct 31, 2025 | Transmission of Quarterly Report for the Period Ended September 30 2025 | View PDF |
| Oct 30, 2025 | Financial Results for the Quarter Ended September 30, 2025 | View PDF |
| Oct 7, 2025 | Financial Result for the Year Ended June 30 2025 | View PDF |
| Apr 30, 2025 | Transmission of Quarterly Report for the Period Ended March 31 2025 | View PDF |
| Date | Title | Document |
|---|---|---|
| Nov 11, 2025 | Disclosure of Material Information | View |
| Oct 30, 2025 | UNUSUAL MOVEMENT IN PRICE OF THE CERTIFICATE OF FIRST EQUITY MODARABA | View |
| Oct 7, 2025 | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | View |
| Jul 14, 2025 | UNUSUAL MOVEMENT IN PRICE OF THE CERTIFICATE OF FIRST EQUITY MODARABA | View |
| Dec 12, 2024 | CORPORATE BRIEFING SESSION | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Total Income | 21,657 | 9,025 | 4,866 | 22,850 |
| Profit after Taxation | (8,284) | (19,436) | (22,346) | (6,724) |
| Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | |
|---|---|---|---|---|
| Total Income | 5,416 | 1,959 | 12,458 | 1,781 |
| Profit after Taxation | (1,758) | (5,205) | 5,643 | (3,087) |

Ratios
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| EPS Growth (%) | 56.76 | 13.95 | (230.77) | (141.94) |
| PEG | (0.54) | (0.51) | 0.04 | 0.41 |
Payouts
| Date | Financial Results | Details | Book Closure |
|---|---|---|---|
| October 5, 2021 2:56 PM | 30/06/2021(YR) | 5% (D) | 11/10/2021 - 20/10/2021 |
| October 9, 2017 10:59 AM | 30/06/2017(YR) | 6% (D) | 14/10/2017 - 26/10/2017 |
| October 10, 2016 1:30 PM | 30/06/2016(YR) | 1.3% (D) | 18/10/2016 - 29/10/2016 |
| November 10, 2015 12:05 PM | 30/06/2015(YR) | 1.70% (D) | 14/11/2015 - 26/11/2015 |
| October 10, 2014 11:06 AM | 30/06/2014(YR) | 3.75% (D) | 15/11/2014 - 27/11/2014 |
| October 8, 2007 11:24 AM | 30/06/2OO7(YR) | 2.5% (D) | - |
| September 28, 2005 10:55 AM | - | DIVIDEND FOR THE YEAR ENDED 3O/O6/2OO5 NIL | - |









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