Last close · 16 Oct 2026
Rs 18.59 +0.49%
Financials
First Elite Capital Modaraba (FECM) financials
10 years of annual results (FY2017 – FY2026), 28 quarters.
First Elite Capital Modaraba (FECM) reported revenue of Rs 46.0 mn for FY2026 (Jul 2025 – Jun 2026), up 14.9% from FY2025.
It made a loss of Rs 7.0 mn attributable to shareholders (EPS Rs -0.62).
No cash dividend was declared for FY2026.
Return on equity was -5.1%.
Over the last five years revenue grew at a compound -0.8% a year.
At Rs 18.59 (close on 16 Oct 2026) the shares trade at 1.54× book value.
Fundamentals
FECM at a glance
Revenue · FY2026
Rs 46.0 mn
▲ 14.9% year on year
Profit attributable to shareholders · FY2026
-Rs 7.0 mn
▼ 249.6% year on year
EPS – basic (Rs) · FY2026
Rs -0.62
▼ 249.6% year on year
Dividend per share (Rs) · FY2026
Rs 0.00
Total assets · FY2026
Rs 236.4 mn
▲ 1.7% year on year
Return on equity (ROE) · FY2026
-5.1%
-8.8 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 46.0 mn
- Profit attributable · FY2026
- -Rs 7.0 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 236.4 mn
- Equity · FY2026
- Rs 136.8 mn
Financial highlights
FECM financial results
| 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 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46.0 | 40.0 | 35.5 | 33.8 | 35.9 | 48.0 | 38.3 | 45.4 | 46.6 | 50.5 |
| Profit before tax | (7.3) | 4.7 | 24.8 | (6.3) | (6.7) | 5.4 | (5.1) | (3.9) | 4.7 | (2.4) |
| Profit attributable to shareholders | (7.0) | 4.7 | 23.6 | (7.1) | (7.2) | 4.3 | (5.3) | (4.4) | 4.7 | (2.8) |
| EPS – basic (Rs) Rs | (0.62) | 0.41 | 2.08 | (0.62) | (0.64) | 0.38 | (0.46) | (0.39) | 0.42 | (0.24) |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 236.4 | 232.3 | 201.3 | 162.9 | 168.0 | 185.8 | 181.1 | 182.3 | 190.8 | 186.0 |
| Total equity | 136.8 | 136.7 | 122.0 | 92.5 | 99.3 | 113.4 | 106.9 | 113.2 | 127.9 | 124.9 |
| Rs mn | TTM to Jun 2026 | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46.0 | 11.5 | 10.4 | 12.8 | 11.3 | 7.0 | 10.6 | 12.0 | 10.5 |
| Profit before tax | (7.7) | (1.7) | (3.0) | (1.1) | (1.9) | 5.2 | (0.2) | (0.3) | (0.2) |
| Profit attributable to shareholders | (7.0) | (1.0) | (3.0) | (1.1) | (1.9) | 5.6 | (0.3) | (0.3) | (0.4) |
| EPS – basic (Rs) Rs | (0.63) | (0.09) | (0.27) | (0.10) | (0.17) | 0.58 | (0.03) | (0.03) | (0.03) |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 236.4 | 236.4 | 229.7 | 237.8 | 244.4 | 232.3 | 216.2 | 210.9 | 205.1 |
| Total equity | 136.8 | 136.8 | 135.5 | 139.7 | 138.8 | 136.7 | 124.5 | 125.7 | 121.4 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.