BML Bank Makramah Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 60.16 -2.10%
Annual · FY2006 – FY2025
Bank Makramah Limited (BML) income statement
Bank Makramah Limited reported total income of Rs 2.8 bn for FY2025 (Jan – Dec 2025). Net interest income was -Rs 842.6 mn, with non-interest income of Rs 3.6 bn. Tax of Rs 10.3 bn took 53.8% of pre-tax profit. Profit attributable to shareholders was Rs 8.8 bn, or Rs 167.72 per share.
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 * Jan – Dec 2021 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest & dividend income | 18.6 | 38.9 | 31.7 | 8.2 | 4.6 | ||||||||||||||
| Interest expense | (19.5) | (43.0) | (34.3) | (10.4) | (5.7) | ||||||||||||||
| Net interest income | (0.8) | (4.1) | (2.6) | (2.2) | (1.1) | ||||||||||||||
| Fee & commission income (net) | 1.2 | 1.1 | 0.8 | 0.5 | 0.5 | ||||||||||||||
| Foreign exchange income | 0.2 | 0.5 | 1.1 | 0.8 | 0.3 | ||||||||||||||
| Gain / (loss) on securities | 2.3 | 1.2 | (1.3) | 0.0 | 0.5 | ||||||||||||||
| Total non-interest income | 3.6 | 2.8 | 0.6 | 1.4 | 1.3 | ||||||||||||||
| Total income | 2.8 | (1.2) | (2.0) | (0.9) | 0.2 | ||||||||||||||
| Operating expenses | 12.0 | (6.8) | (6.1) | (6.5) | (5.2) | ||||||||||||||
| Provisions & impairment (loans) | (21.0) | (1.4) | (1.1) | 0.6 | (0.3) | ||||||||||||||
| Profit before tax | 19.1 | (7.2) | (7.4) | (7.3) | (5.0) | ||||||||||||||
| Taxation | (10.3) | 2.0 | 2.1 | 4.1 | 2.0 | ||||||||||||||
| Profit after tax | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) | ||||||||||||||
| Profit attributable to shareholders | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) | ||||||||||||||
| Per share | |||||||||||||||||||
| EPS – basic (Rs) Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) | ||||||||||||||
| EPS – diluted (Rs) Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) | ||||||||||||||
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||
| Weighted average shares mn | 52.7 | 274.3 | 280.8 | 138.9 | 138.9 | ||||||||||||||
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 * Jan – Dec 2021 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest & dividend income | -52.2% | +22.8% | +288.8% | +77.3% | -10.4% | ||||||||||||||
| Interest expense | -54.7% | +25.4% | +229.6% | +83.2% | -13.9% | ||||||||||||||
| Net interest income | — | — | — | — | — | ||||||||||||||
| Fee & commission income (net) | +5.5% | +46.2% | +47.1% | -2.2% | +6.5% | ||||||||||||||
| Foreign exchange income | -62.8% | -54.2% | +34.2% | +216.4% | +39.0% | ||||||||||||||
| Gain / (loss) on securities | +87.7% | — | -4,325.9% | -93.8% | -38.4% | ||||||||||||||
| Total non-interest income | +28.8% | +408.1% | -58.9% | +5.7% | -13.7% | ||||||||||||||
| Total income | — | — | — | -530.0% | +601.7% | ||||||||||||||
| Operating expenses | -277.4% | +11.5% | -6.3% | +25.9% | -48.6% | ||||||||||||||
| Provisions & impairment (loans) | — | — | -296.1% | — | -106.4% | ||||||||||||||
| Profit before tax | — | — | — | — | — | ||||||||||||||
| Taxation | — | — | — | — | — | ||||||||||||||
| Profit after tax | — | — | — | — | — | ||||||||||||||
| Profit attributable to shareholders | — | — | — | — | — | ||||||||||||||
| Per share | |||||||||||||||||||
| EPS – basic (Rs) | — | — | — | — | — | ||||||||||||||
| EPS – diluted (Rs) | — | — | — | — | — | ||||||||||||||
| Dividend per share (Rs) | — | — | — | — | — | ||||||||||||||
| Weighted average shares | — | — | — | — | — | ||||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 * Jan – Dec 2021 |
|---|---|---|---|---|---|
| Interest & dividend income | 663.1% | — | — | — | 2,228.3% |
| Interest expense | (693.1%) | — | — | — | (2,750.2%) |
| Net interest income | (30.0%) | — | — | — | (521.9%) |
| Fee & commission income (net) | 42.3% | — | — | — | 258.8% |
| Foreign exchange income | 6.5% | — | — | — | 123.1% |
| Gain / (loss) on securities | 81.2% | — | — | — | 240.0% |
| Total non-interest income | 130.0% | — | — | — | 621.9% |
| Total income | 100.0% | — | — | — | 100.0% |
| Operating expenses | 428.7% | — | — | — | (2,499.4%) |
| Provisions & impairment (loans) | (749.3%) | — | — | — | (150.0%) |
| Profit before tax | 681.7% | — | — | — | (2,399.4%) |
| Taxation | (367.1%) | — | — | — | 988.6% |
| Profit after tax | 314.6% | — | — | — | (1,410.8%) |
| Profit attributable to shareholders | 314.6% | — | — | — | (1,410.8%) |
Each line as a percentage of total income.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 142
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 |
|---|---|---|---|---|---|
| Interest & Dividend Income/(Expense) - Net - Finance | (0.8) | (4.1) | (2.6) | (2.2) | (1.1) |
| Interest & Dividend Income - Finance - Total | 18.6 | 38.9 | 31.7 | 8.2 | 4.6 |
| Interest Income - Loans/Deposits | — | — | — | — | — |
| Interest & Fees on Loans & Receivables | — | — | — | — | — |
| Interest Income - Deposits to Other Financial Institutions | — | — | — | — | — |
| Interest & Dividend Income - Other - Finance | 18.6 | 38.9 | 31.7 | 8.2 | 4.6 |
| Interest & Dividend Income - Investment Securities - Finance | — | — | — | — | — |
| Net Commission & Fees Income/Expense - Business Revenue | 1.2 | 1.1 | 0.8 | 0.5 | 0.5 |
| Fees & Commissions Income | 1.2 | 1.1 | 0.8 | 0.5 | 0.5 |
| Interest & Dividend Income - Investment Securities Available for Sale/Held to Maturity - Finance | — | — | — | — | — |
| Fees & Commissions Expense | — | — | — | — | — |
| Investments & Loans - Business - Gain/(Loss) | 2.3 | 1.2 | (1.3) | 0.0 | 0.5 |
| Interest Expense - Finance - Total | 19.5 | 43.0 | 34.3 | 10.4 | 5.7 |
| Interest Expense - Operational Financing - Business | 19.5 | 43.0 | 34.3 | 10.4 | 5.7 |
| Interest Expense - Deposits | — | — | — | — | — |
| Investment Securities - Business - Gain/(Loss) | 2.3 | 1.2 | (1.3) | 0.0 | 0.5 |
| Investments Securities - Available for Sale/Held to Maturity - Realized Gain/(Loss) | 2.3 | 1.2 | (1.3) | 0.0 | 0.5 |
| Interest Expenses - Other - Total | — | — | — | — | — |
| Interest Expense - External Financing Business | — | — | — | — | — |
| Non-Interest Business Revenue/(Expense) - Net - Total | 3.6 | 2.8 | 0.6 | 1.4 | 1.3 |
| Derivatives - Hedging - Business - Gain/(Loss) | 0.0 | — | 0.0 | 0.0 | 0.0 |
| Derivatives - Hedging - Business - Fair Value Adjustments - Gain/(Loss) | 0.0 | — | 0.0 | 0.0 | 0.0 |
| Net Foreign Exchange Income/(Expense) - Business Revenue | 0.2 | 0.5 | 1.1 | 0.8 | 0.3 |
| Business-Related Financing Revenue - Other | — | — | — | — | — |
| Trading Investments/Trading Account Income - Gain/(Loss) | — | — | — | — | — |
| Trading Investments - Unrealized Gain/(Loss) | — | — | — | — | — |
| Revenue from Business Activities - Total | 2.8 | (1.2) | (2.0) | (0.9) | 0.2 |
| Selling, General & Administrative Expenses - Total | 9.0 | 8.2 | 7.2 | 5.9 | 5.5 |
| Selling, General & Administrative Expenses - Unclassified | 7.6 | 7.2 | 6.2 | 4.8 | 4.4 |
| Depreciation in Selling, General & Administrative Expenses | 1.0 | 1.0 | 1.0 | 1.1 | 1.1 |
| Amortization of Intangibles in Selling, General & Administrative Expenses | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Operating Expense/(Income) - Net | 0.0 | 0.0 | (0.0) | (0.0) | (0.1) |
| Other Operating Income - Total | — | 0.0 | 0.0 | 0.0 | 0.1 |
| Operating Expenses - Total | (12.0) | 6.8 | 6.1 | 6.5 | 5.2 |
| Provision & Impairment for Loan Losses | (21.0) | (1.4) | (1.1) | 0.6 | (0.3) |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, General & Administrative Expenses - Other - Total | — | — | — | — | — |
| Advertising Expense | — | — | — | — | — |
| Rental Expense | — | — | — | — | — |
| Operating Profit before Non-Recurring Income/(Expense) | 14.8 | (8.0) | (8.1) | (7.4) | (5.0) |
| Other Operating Expense | — | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Provisions - Increase/(Decrease) | — | — | — | — | — |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 4.2 | 0.7 | 0.6 | 0.1 | — |
| Equity Earnings/(Loss) - before Taxes including Non-Recurring | — | — | — | — | — |
| Other Non-Operating Income/(Expense) - Total | — | — | — | — | — |
| Normalized Pre-tax Profit | 19.1 | (7.3) | (7.5) | (7.3) | (5.0) |
| Non-Recurring Income/Expense - Total | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Impairment - Tangible & Intangible Fixed Assets | — | — | — | — | — |
| Impairment - Fixed Assets | — | — | — | — | — |
| Impairment - Intangibles excluding Goodwill | — | — | — | — | — |
| Impairment - Financial Investments | — | — | — | — | — |
| Early Extinguishment of Lease Related Debts - Gain/(Loss) | 0.1 | 0.1 | 0.1 | 0.0 | — |
| Non-Recurring Income/(Expense) - Other - Total | — | — | — | 0.0 | 0.0 |
| Provision for Income Tax Expense- Unclassified | 10.3 | (2.0) | — | — | — |
| Income before Taxes | 19.1 | (7.2) | (7.4) | (7.3) | (5.0) |
| Income Taxes | 10.3 | (2.0) | (2.1) | (4.1) | (2.0) |
| Impairment - Goodwill | — | — | — | — | — |
| Income Taxes for the Year - Current | — | — | 0.4 | 0.1 | 0.1 |
| Income Taxes - Deferred | — | — | (2.5) | (4.2) | (2.1) |
| Income Taxes - Other (by Type) | — | — | 0.0 | 0.0 | 0.0 |
| Net Income after Tax | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Income before Discontinued Operations & Extraordinary Items | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Net Income before Minority Interest | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Minority Interest | — | — | — | — | — |
| Net Income after Minority Interest | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Income Available to Common Shares | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Income available to Common excluding Extraordinary Items | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Shares used to calculate Basic EPS - Total mn | 52.7 | 274.3 | 280.8 | 138.9 | 138.9 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 166.49 | (19.40) | (19.25) | (22.95) | (20.96) |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 52.7 | 274.3 | 280.8 | 138.9 | 138.9 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 166.49 | (19.40) | (19.25) | (22.95) | (20.96) |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dilution Adjustment | — | — | — | — | — |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Diluted Income available to Common excluding Extraordinary Items | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Shares used to calculate Diluted EPS - Total mn | 52.7 | 274.3 | 280.8 | 138.9 | 138.9 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 166.49 | (19.40) | (19.25) | (22.95) | (20.96) |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 8.8 | (5.2) | (5.3) | (3.2) | (2.9) |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 52.7 | 274.3 | 280.8 | 138.9 | 138.9 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 167.72 | (18.98) | (18.97) | (22.95) | (20.96) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 166.49 | (19.40) | (19.25) | (22.95) | (20.96) |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 14.8 | (8.0) | (8.1) | (7.4) | (5.0) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 15.9 | (7.0) | (7.1) | (6.3) | (3.8) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | — | — | — |
| Depreciation & Amortization - Supplemental | 1.0 | 1.0 | 1.0 | 1.1 | 1.2 |
| Depreciation Expense - Total - Supplemental | 1.0 | 1.0 | 1.0 | 1.1 | 1.1 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 |
| Amortization - Total - Supplemental | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Intangible Amortization - Other - Supplemental | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Amortization of Computer Software - Supplemental | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Amortization of Brands, Patents, Trademarks, Marketing & Artistic Intangibles - Supplemental | — | — | — | 0.0 | 0.0 |
| Depreciation, Depletion & Amortization - Total | 1.1 | 1.0 | 1.0 | 1.1 | 1.2 |
| Depreciation - Total | 1.0 | 1.0 | 1.0 | 1.1 | 1.1 |
| Amortization of Intangible Assets excluding Goodwill - Total | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Labor & Related Expenses - Total | — | — | — | — | — |
| Labor & Related Expenses - Supplemental | — | — | — | — | — |
| Auditor Fees | — | — | 0.0 | 0.0 | 0.0 |
| Audit-Related Fees | — | — | 0.0 | 0.0 | 0.0 |
| Tax Fees | — | — | — | — | — |
| Fees - Other | — | — | — | — | — |
| Normalized after Tax Profit | 8.8 | (5.3) | (5.4) | (3.2) | (2.9) |
| Normalized Net Income from Continuing Operations | 8.8 | (5.3) | (5.4) | (3.2) | (2.9) |
| Normalized Net Income - Bottom Line | 8.8 | (5.3) | (5.4) | (3.2) | (2.9) |
| Earnings before Interest & Taxes (EBIT) - Normalized | 19.1 | (7.3) | (7.5) | (7.3) | (5.0) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 20.2 | (6.3) | (6.4) | (6.2) | (3.8) |
| Loan Recoveries - Actual | — | — | — | — | — |
| Rental/Operating Lease Expense | — | — | — | — | — |
| Advertising Expenses - Supplemental | — | — | — | — | — |
| Interest Expense | 19.5 | 43.0 | 34.3 | 10.4 | 5.7 |
| Interest & Dividend Income after Loan Loss Provision - Net - Finance | 20.2 | (2.7) | (1.4) | (2.8) | (0.8) |
| Revenue after Loan Provisions - Net - Finance | 39.6 | 40.3 | 32.8 | 7.6 | 4.9 |
| Operating Expenses | (12.0) | 6.8 | 6.1 | 6.5 | 5.2 |
| Foreign Exchange Gain/(Loss) | 0.2 | 0.5 | 1.1 | 0.8 | 0.3 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 9.0 | 8.2 | 7.2 | 5.9 | 5.5 |
| Investment Gain/(Loss) | 2.3 | 1.2 | (1.3) | 0.0 | 0.5 |
| Non-Interest Expense - Bank | 4.7 | 7.4 | 6.5 | 5.8 | 5.5 |
| Income before Taxes & Provision for Loan Losses | (1.9) | (8.6) | (8.5) | (6.7) | (5.3) |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 8.8 | — | — | — | — |
| Operating Expenses excluding Non-Cash Charges - Total | (13.1) | 5.8 | 5.1 | 5.4 | 4.0 |
| Revenue Net of Interest Expense Before Loan Loss Provision | 2.8 | (1.2) | (2.0) | (0.9) | 0.2 |
| Income from Earning Assets | 21.1 | 40.6 | 31.5 | 9.0 | 5.3 |
| Income Available to Common Shares before Depreciation & Amortization | 9.9 | (4.2) | (4.3) | (2.1) | (1.7) |
| Commissions and Fees | 1.2 | 1.1 | 0.8 | 0.5 | 0.5 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.