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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
Trust Modaraba was formed in Pakistan under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the rules framed thereunder and is being managed by Al-Zamin Modaraba Management (Private) Limited (AZMML). The Modaraba commenced its business operations on November 12, 1991. It is listed on Pakistan Stock Exchange. The Modaraba is perpetual, multi-purpose and multi-dimensional, engaged in the business of Murabaha, Musharakah and Ijarah financing, investment in marketable securities, trading and other permissible businesses.
| Basheer Ahmed Chowdry | CEO |
| Mian Sheikh Arshad Farooq | Chairperson |
| Hamida Aqeel | Company Secretary |
104-106, Kassam Court, BC-9, Block-5, Clifton, Karachi, Pakistan
Hameed Majeed Associates (Pvt) Ltd. 1st Floor HM House 7 Bank Square, Lahore.
Grant Thornton Anjum Rahman. Chartered Accountants
June
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Oct 30, 2025 | Transmission of Quarterly Report for the Period ended September 30, 2025. | View PDF |
| Oct 23, 2025 | Financial Results for the Quarter ended September 30, 2025. | View PDF |
| Oct 1, 2025 | Transmission of Annual Report for the year Ended June 30, 2025. | View PDF |
| Sep 24, 2025 | Financial Results for the year ended June 30, 2025. | View PDF |
| Apr 25, 2025 | Transmission of Quarterly Report for the period ended March 31, 2025. | View PDF |
| Date | Title | Document |
|---|---|---|
| Oct 16, 2025 | Board of Directors Meeting for the Period ended September 30, 2025. | View PDF |
| Oct 1, 2025 | Notice of Annual Review Meeting of Certificate Holders of TM 2025. | View PDF |
| Sep 17, 2025 | Board of Directors Meeting for the period ended June 30, 2025. | View PDF |
| Apr 15, 2025 | Board of Directors Meeting for the Quarter ended March 31, 2025. | View PDF |
| Feb 20, 2025 | Board of Directors Meeting for the Half Year ended December 31, 2024. | View PDF |
| Date | Title | Document |
|---|---|---|
| Nov 21, 2025 | Resignation of Chief Financial Officer | View PDF |
| Nov 21, 2025 | Election of Directors | View PDF |
| Nov 10, 2025 | Unusual Movement in the Price of Certificates of Trust Modaraba. | View PDF |
| Oct 31, 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 PDF |
| Oct 15, 2025 | Notice of Corporate Briefing Session (CBS) with weblink & Presentation for the year 2025. | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Profit after Taxation | 18,390 | 20,855 | (73) | 11,365 |
| Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | |
|---|---|---|---|---|
| Profit after Taxation | 2,525 | 8,953 | 6,294 | 2,498 |

Ratios
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| EPS Growth (%) | (12.68) | 35,600.00 | (100.53) | 72.73 |
| PEG | (0.91) | 0.00 | 5.47 | 0.07 |
Payouts
| Date | Financial Results | Details | Book Closure |
|---|---|---|---|
| September 5, 2024 4:34 PM | 30/06/2024(YR) | 5%(F) (D) | 08/10/2024 - 15/10/2024 |
| October 5, 2017 3:22 PM | 30/06/2017(YR) | 3.50% (D) | 18/10/2017 - 26/10/2017 |
| September 27, 2016 3:26 PM | 30/06/2016(YR) | 3% (D) | 17/10/2017 - 25/10/2016 |
| October 2, 2015 4:20 PM | 30/06/2015(YR) | 4.25% (D) | 18/10/2015 - 26/10/2015 |
| October 2, 2015 4:20 PM | 30/06/2015(YR) | 4.25% (D) | 18/10/2015 - 26/10/2015 |
| October 2, 2014 3:28 PM | 30/06/2014(YR) | 5% (D) | - |
| October 2, 2013 3:19 PM | 30/06/2013(YR) | 6% (D) | - |
| October 7, 2011 4:08 PM | 30/06/2011(YR) | 5%(F) (D) | - |
| September 24, 2010 4:50 PM | 30/06/2010(YR) | 5% (D) | 21/10/2010 - 27/10/2010 |
| September 29, 2005 10:53 AM | - | DIVIDEND FOR THE YEAR ENDED 3O/O6/2OO5 6% | - |









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