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Modarabas

FECM First Elite Capital Modaraba

Latest results: FY2026 · Jun 2026

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Last close · 16 Oct 2026

Rs 18.59 +0.49%

Annual · FY2017 – FY2026

First Elite Capital Modaraba (FECM) balance sheet

At the end of FY2026 (Jul 2025 – Jun 2026) First Elite Capital Modaraba had total assets of Rs 236.4 mn, up 1.7% on FY2025. Shareholders' equity was Rs 136.8 mn (Rs 12.07 per share), 57.9% of total assets.

FECM balance sheet (annual) (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 * Jul 2021 – Jun 2022
Assets
Cash & short-term investments 38.4 33.8 40.8 31.3 25.5
Investments 80.7 91.1 89.1 52.4 33.2
Loans, leases & receivables 1.0 0.5 0.7 1.9 3.7
Total assets 236.4 232.3 201.3 162.9 168.0
Liabilities
Total liabilities 99.5 95.7 79.3 70.4 68.7
Equity
Equity attributable to shareholders 136.8 136.7 122.0 92.5 99.3
Total equity 136.8 136.7 122.0 92.5 99.3
Total liabilities & equity 236.4 232.3 201.3 162.9 168.0
Key figures
Shares outstanding mn 11.3 11.3 11.3 11.3 11.3
Common equity 136.8 136.7 122.0 92.5 99.3
Book value per share (Rs) Rs 12.07 12.05 10.76 8.16 8.76
FECM balance sheet — year-on-year change (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 * Jul 2021 – Jun 2022
Assets
Cash & short-term investments +13.6% -17.1% +30.5% +22.7% -5.1%
Investments -11.4% +2.2% +70.1% +58.0% -4.8%
Loans, leases & receivables +127.0% -31.0% -64.0% -50.2% +56.1%
Total assets +1.7% +15.4% +23.6% -3.0% -9.6%
Liabilities
Total liabilities +4.1% +20.6% +12.7% +2.4% -5.2%
Equity
Equity attributable to shareholders +0.1% +12.0% +31.9% -6.8% -12.4%
Total equity +0.1% +12.0% +31.9% -6.8% -12.4%
Total liabilities & equity +1.7% +15.4% +23.6% -3.0% -9.6%
Key figures
Shares outstanding — — — — —
Common equity +0.1% +12.0% +31.9% -6.8% -12.4%
Book value per share (Rs) +0.1% +12.0% +31.9% -6.8% -12.4%

Change against the previous fiscal year; shown when the earlier figure is positive.

FECM balance sheet — common size (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 * Jul 2021 – Jun 2022
Assets
Cash & short-term investments 16.3% 14.6% 20.3% 19.2% 15.2%
Investments 34.2% 39.2% 44.3% 32.2% 19.7%
Loans, leases & receivables 0.4% 0.2% 0.3% 1.1% 2.2%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Total liabilities 42.1% 41.2% 39.4% 43.2% 40.9%
Equity
Equity attributable to shareholders 57.9% 58.8% 60.6% 56.8% 59.1%
Total equity 57.9% 58.8% 60.6% 56.8% 59.1%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Common equity 57.9% 58.8% 60.6% 56.8% 59.1%

Each line as a percentage of total assets.

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 81
FECM balance sheet — all reported line items (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022
Cash & Cash Equivalents 23.5 8.3 6.1 2.4 15.9
Loans & Receivables - Total 1.0 0.5 0.7 1.9 3.7
Receivables - Other 1.0 0.5 0.7 1.9 3.7
Investment Securities - Available for Sale, Held to Maturity & Held for Trading - Total 14.9 25.6 34.7 28.9 9.6
Inventories - Total — — — — 0.0
Investment Property 65.8 65.6 54.5 23.5 23.5
Investments - Total 80.7 91.1 89.1 52.4 33.2
Investment Securities - Held for Trading 14.9 25.6 34.7 28.9 9.6
Property, Plant & Equipment - Net - Total 126.7 119.2 99.4 100.4 88.5
Other Assets - Total 4.4 13.3 6.1 5.8 26.8
Prepaid Expenses - Total 4.4 12.6 6.1 5.8 26.8
Other Assets 0.0 0.7 — — —
Total Current Assets 43.9 47.6 47.5 38.9 56.0
Total Assets 236.4 232.3 201.3 162.9 168.0
Dividends Payable 8.4 8.4 8.5 8.5 8.5
Deferred Tax & Investment Tax Credits - Long-Term 1.0 1.3 — — —
Deferred Tax - Liability - Long-Term 1.0 1.3 — — —
Payables & Accrued Expenses 2.9 6.7 3.7 1.3 1.2
Trade Account Payables - Total 2.9 6.7 3.7 1.3 1.2
Other Liabilities - Total 86.5 79.3 67.1 60.5 59.0
Other Liabilities - 75.2 68.0 54.4 49.2 48.3
Provisions 11.3 11.4 12.7 11.3 10.7
Post Employment Benefits - Pension & Other 11.3 11.4 12.7 11.3 10.7
Total Liabilities 99.5 95.7 79.3 70.4 68.7
Shareholders' Equity - Attributable to Parent Shareholders - Total 136.8 136.7 122.0 92.5 99.3
Common Equity Attributable to Parent Shareholders 136.8 136.7 122.0 92.5 99.3
Common Equity - Contributed 113.4 113.4 113.4 113.4 113.4
Common Stock - Issued & Paid 113.4 113.4 113.4 113.4 113.4
Equity - Non-Contributed - Reserves & Retained Earnings 23.4 23.3 8.6 (20.9) (14.1)
Retained Earnings - Total 22.6 24.5 (17.0) (40.7) (35.0)
Comprehensive Income - Accumulated - Total 0.8 (1.2) — — —
Investments - Unrealized Gain/Loss (1.7) (4.3) — — —
Other Reserves/Equity - Total — — 25.7 19.8 20.8
Common Equity - Total 136.8 136.7 122.0 92.5 99.3
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 136.8 136.7 122.0 92.5 99.3
Total Liabilities & Equity 236.4 232.3 201.3 162.9 168.0
Revaluation Reserves 2.5 3.1 — — —
Total Current Liabilities 29.1 27.5 15.4 15.7 25.9
Common Shares - Issued - Total mn 11.3 11.3 11.3 11.3 11.3
Common Shares - Outstanding - Total mn 11.3 11.3 11.3 11.3 11.3
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 20.0 20.0 20.0 20.0 20.0
Common Shares - Issued - Issue Specific mn 11.3 11.3 11.3 11.3 11.3
Common Shares - Outstanding - Issue Specific mn 11.3 11.3 11.3 11.3 11.3
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Right of Use Tangible Assets - Total - Net - Supplemental 122.2 113.7 98.0 98.8 87.2
Right of Use Tangible Assets - Capital/Finance Lease - Net - Supplemental 122.2 113.7 98.0 98.8 87.2
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental 4.5 5.5 1.4 1.6 1.3
Net Debt (38.4) (33.8) (40.8) (31.3) (25.5)
Islamic Investments & Deposits 0.0 0.0 0.0 0.0 0.1
Islamic Receivables - Short-Term 1.0 0.5 0.7 1.9 3.7
Asset Accruals 20.4 39.3 41.4 36.5 40.1
Cash & Cash Equivalents - Total 23.5 8.3 6.1 2.4 15.9
Cash & Securities 80.7 91.1 89.1 52.4 33.2
Cash & Short Term Investments - Total 38.4 33.8 40.8 31.3 25.5
Earning Assets 80.7 91.1 89.1 52.4 33.2
Equity Securities & Real Estate 65.8 65.6 54.5 23.5 23.5
Invested Assets - Total 80.7 91.1 89.1 52.4 33.2
Investment Securities 14.9 25.6 34.7 28.9 9.6
Investments - Permanent 65.8 65.6 54.5 23.5 23.5
Net Book Capital 98.4 102.9 81.2 61.3 73.8
Net Operating Assets 98.4 102.9 81.2 61.3 73.8
Provisions - Total 12.3 12.6 12.7 11.3 10.7
Shareholders Equity - Common 136.8 136.7 122.0 92.5 99.3
Tangible Total Equity 136.8 136.7 122.0 92.5 99.3
Tangible Book Value 136.8 136.7 122.0 92.5 99.3
Total Book Capital 136.8 136.7 122.0 92.5 99.3
Total Capital 136.8 136.7 122.0 92.5 99.3
Total Long Term Capital 207.3 204.9 185.9 147.2 142.1
Trading Account 14.9 25.6 34.7 28.9 9.6
Book Value excluding Other Equity 136.8 136.7 96.4 72.7 78.4
Income Taxes - Payable - Long-Term & Short-Term 0.8 — — — —
Cash & Short Term Investments - Net of Debt 38.4 33.8 40.8 31.3 25.5
Net Debt Including Preferred Equity & Minority Interest (38.4) (33.8) (40.8) (31.3) (25.5)
Other Short-Term & Long-Term Assets - Total 0.0 0.7 — — —
Other Short-Term & Long-Term Liabilities - Total 75.2 68.0 54.4 49.2 48.3
Tangible Book Value excluding Other Equity 136.8 136.7 96.4 72.7 78.4
Total Available Funds 207.3 204.9 185.9 147.2 142.1
Cash in Hand & with Banks - Total 23.5 8.3 6.1 2.4 15.9
Current Assets excluding Cash & Short Term Investments - Total 5.5 13.8 6.7 7.7 30.5

Every line the company reported, in the original order and wording, without regrouping or signs changed.