Last close · 16 Oct 2026
Rs 18.79 +1.57%
Quarterly · Q1 FY2022 – Q4 FY2026
First Treet Manufacturing Modaraba (FTMM) quarterly balance sheet
At the end of Q4 FY2026 (Apr – Jun 2026) First Treet Manufacturing Modaraba had total assets of Rs 3.3 bn, down 10.1% on Q4 FY2025. Shareholders' equity was Rs 2.8 bn (Rs 14.40 per share), 84.8% of total assets.
| Rs bn | 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 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||
| Cash & short-term investments | 0.2 | 0.1 | 0.2 | 0.1 | 0.5 | 0.1 | 0.1 | 0.3 | ||||||||||||
| Investments | — | — | — | — | — | — | — | — | ||||||||||||
| Loans, leases & receivables | 1.7 | 2.4 | 2.4 | 2.2 | 1.8 | 2.2 | 1.9 | 2.1 | ||||||||||||
| Total assets | 3.3 | 3.8 | 3.9 | 4.0 | 3.7 | 4.3 | 4.1 | 4.1 | ||||||||||||
| Liabilities | ||||||||||||||||||||
| Borrowings | — | 0.0 | — | 0.0 | 0.0 | — | — | — | ||||||||||||
| Total liabilities | 0.5 | 1.0 | 1.1 | 1.0 | 0.7 | 0.9 | 0.7 | 0.8 | ||||||||||||
| Equity | ||||||||||||||||||||
| Equity attributable to shareholders | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 | ||||||||||||
| Total equity | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 | ||||||||||||
| Total liabilities & equity | 3.3 | 3.8 | 3.9 | 4.0 | 3.7 | 4.3 | 4.1 | 4.1 | ||||||||||||
| Key figures | ||||||||||||||||||||
| Shares outstanding mn | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | ||||||||||||
| Common equity | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 | ||||||||||||
| Book value per share (Rs) Rs | 14.40 | 14.25 | 14.18 | 15.64 | 15.29 | 17.65 | 17.47 | 17.15 | ||||||||||||
| Rs mn | 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 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||
| Cash & short-term investments | -54.9% | +36.6% | +202.5% | -52.1% | +139.7% | +126.1% | -26.5% | +2,056.9% | ||||||||||||
| Investments | — | — | — | — | — | — | — | — | ||||||||||||
| Loans, leases & receivables | -5.4% | +10.0% | +28.4% | +8.5% | -6.6% | -0.8% | +1.7% | -19.6% | ||||||||||||
| Total assets | -10.1% | -11.6% | -4.5% | -2.5% | +8.4% | +12.7% | +7.2% | +6.6% | ||||||||||||
| Liabilities | ||||||||||||||||||||
| Borrowings | — | — | — | — | — | — | — | — | ||||||||||||
| Total liabilities | -28.3% | +18.6% | +67.0% | +24.1% | +31.3% | +28.6% | +1.3% | -3.6% | ||||||||||||
| Equity | ||||||||||||||||||||
| Equity attributable to shareholders | -5.8% | -19.3% | -18.8% | -8.8% | +4.1% | +9.3% | +8.4% | +9.4% | ||||||||||||
| Total equity | -5.8% | -19.3% | -18.8% | -8.8% | +4.1% | +9.3% | +8.4% | +9.4% | ||||||||||||
| Total liabilities & equity | -10.1% | -11.6% | -4.5% | -2.5% | +8.4% | +12.7% | +7.2% | +6.6% | ||||||||||||
| Key figures | ||||||||||||||||||||
| Shares outstanding | — | — | — | — | — | — | — | — | ||||||||||||
| Common equity | -5.8% | -19.3% | -18.8% | -8.8% | +4.1% | +9.3% | +8.4% | +9.4% | ||||||||||||
| Book value per share (Rs) | -5.8% | -19.3% | -18.8% | -8.8% | +4.1% | +9.3% | +8.4% | +9.4% | ||||||||||||
Change against the same quarter a year earlier; shown when the earlier figure is positive.
| Rs mn | 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 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||
| Cash & short-term investments | 6.4% | 2.6% | 5.1% | 3.7% | 12.7% | 1.7% | 1.6% | 7.4% | ||||||||||||
| Investments | — | — | — | — | — | — | — | — | ||||||||||||
| Loans, leases & receivables | 51.7% | 63.0% | 62.1% | 55.3% | 49.1% | 50.6% | 46.2% | 49.6% | ||||||||||||
| Total assets | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | ||||||||||||
| Liabilities | ||||||||||||||||||||
| Borrowings | — | 0.0% | — | 0.0% | 0.0% | — | — | — | ||||||||||||
| Total liabilities | 15.2% | 27.1% | 29.2% | 24.3% | 19.0% | 20.2% | 16.7% | 19.1% | ||||||||||||
| Equity | ||||||||||||||||||||
| Equity attributable to shareholders | 84.8% | 72.9% | 70.8% | 75.7% | 81.0% | 79.8% | 83.3% | 80.9% | ||||||||||||
| Total equity | 84.8% | 72.9% | 70.8% | 75.7% | 81.0% | 79.8% | 83.3% | 80.9% | ||||||||||||
| Total liabilities & equity | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | ||||||||||||
| Key figures | ||||||||||||||||||||
| Common equity | 84.8% | 72.9% | 70.8% | 75.7% | 81.0% | 79.8% | 83.3% | 80.9% | ||||||||||||
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. Updated 16 Oct 2026.
All reported line items 115
| Rs bn | 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 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 0.2 | 0.1 | 0.2 | 0.1 | 0.5 | 0.1 | 0.1 | 0.3 |
| Cash & Short Term Investments | 0.2 | 0.1 | 0.2 | 0.1 | 0.5 | 0.1 | 0.1 | 0.3 |
| Short-Term Investments - Total | — | — | — | — | — | — | — | — |
| Loans & Receivables - Net - Short-Term | 1.7 | 2.4 | 2.4 | 2.2 | 1.8 | 2.2 | 1.9 | 2.1 |
| Loans & Receivables - Total | 1.7 | 2.4 | 2.4 | 2.2 | 1.8 | 2.2 | 1.9 | 2.1 |
| Trade Accounts & Trade Notes Receivable - Net | 0.7 | 1.2 | 1.2 | 1.1 | 0.8 | 1.0 | 0.9 | 0.9 |
| Loans - Short-Term | — | — | — | — | — | — | — | — |
| Income Tax - Receivables - Short-Term | 1.0 | 1.2 | 1.2 | 1.2 | 1.0 | 1.2 | 1.0 | 1.2 |
| Inventories - Total | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 |
| Inventories - Raw Materials | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Inventories - Finished Goods | 0.6 | 0.4 | 0.5 | 0.4 | 0.4 | 0.3 | 0.4 | 0.4 |
| Prepaid Expenses - Short-Term | 0.4 | 0.4 | 0.4 | 0.9 | 0.7 | 0.8 | 0.8 | 0.5 |
| Investments - Total | — | — | — | — | — | — | — | — |
| Assets Held for Sale/Discontinued Operations - Short-Term | — | — | — | 0.0 | 0.0 | — | — | — |
| Other Current Assets - Total | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment - Net - Total | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.8 | 0.8 | 0.8 |
| Other Current Assets | — | — | — | — | — | — | — | — |
| Other Assets - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Current Assets | 2.9 | 3.4 | 3.5 | 3.8 | 3.4 | 3.5 | 3.3 | 3.3 |
| Receivables & Loans - Long-Term | — | — | — | — | — | — | — | — |
| Loans - Long-Term | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment - excluding Assets Leased Out - Net - Total | — | — | — | — | — | — | — | — |
| Right of Use Tangible Assets - Total - Net | — | — | — | — | — | — | — | — |
| Right of Use Tangible Assets - Capital/Finance Lease - Net | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment - Other - Net | — | — | — | — | — | — | — | — |
| Total Assets | 3.3 | 3.8 | 3.9 | 4.0 | 3.7 | 4.3 | 4.1 | 4.1 |
| Debt - Total | — | 0.0 | — | 0.0 | 0.0 | — | — | — |
| Short-Term Debt & Current Portion of Long-Term Debt | — | 0.0 | — | — | — | — | — | — |
| Current Portion of Long-Term Debt including Capitalized Leases | — | 0.0 | — | — | — | — | — | — |
| Capitalized Leases - Current Portion | — | — | — | — | — | — | — | — |
| Short-Term Debt & Notes Payable | — | — | — | — | — | — | — | — |
| Debt - Long-Term - Total | — | — | — | 0.0 | 0.0 | — | — | — |
| Current Portion of Long-Term Debt excluding Capitalized Leases | — | 0.0 | — | — | — | — | — | — |
| Capitalized Lease Obligations - Long-Term | — | — | — | 0.0 | 0.0 | — | — | — |
| Other Non-Current Assets - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Deferred Tax - Asset - Long-Term | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — |
| Deferred Tax & Investment Tax Credits - Long-Term | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 |
| Deferred Tax - Liability - Long-Term | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 |
| Payables & Accrued Expenses | 0.4 | 1.0 | 1.1 | 0.9 | 0.6 | 0.7 | 0.6 | 0.7 |
| Trade Account Payables - Total | 0.4 | 1.0 | 1.1 | 0.9 | 0.6 | 0.7 | 0.6 | 0.7 |
| Other Non-Current Assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Liabilities | 0.5 | 1.0 | 1.1 | 1.0 | 0.7 | 0.9 | 0.7 | 0.8 |
| Shareholders' Equity - Attributable to Parent Shareholders - Total | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Total Non-Current Assets | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.8 | 0.8 | 0.8 |
| Common Equity Attributable to Parent Shareholders | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Common Equity - Contributed | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 8.8 | 8.8 | 8.8 |
| Common Stock - Issued & Paid | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 8.8 | 8.8 | 8.8 |
| Equity - Non-Contributed - Reserves & Retained Earnings | 0.9 | 0.8 | 0.8 | 1.1 | 1.0 | (5.4) | (5.4) | (5.5) |
| Retained Earnings - Total | 0.9 | 0.8 | 0.8 | 1.1 | 1.0 | 1.0 | 0.8 | 0.8 |
| Trade Accounts Payable & Accruals - Short-Term | 0.4 | 1.0 | 1.1 | 0.9 | 0.6 | 0.7 | 0.6 | 0.7 |
| Comprehensive Income - Accumulated - Total | — | — | — | — | — | 0.5 | 0.6 | 0.6 |
| Trade Accounts & Trade Notes Payable - Short-Term | 0.4 | 1.0 | 1.1 | 0.9 | 0.6 | 0.7 | 0.6 | 0.7 |
| Other Reserves/Equity - Total | — | — | — | 0.0 | 0.0 | (6.9) | (6.9) | (6.9) |
| Other Current Liabilities - Total | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 |
| Common Equity - Total | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Common Stock - Additional Paid in Capital including Option Reserve | — | — | — | — | — | — | — | — |
| Total Shareholders' Equity - including Minority Interest & Hybrid Debt | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Total Liabilities & Equity | 3.3 | 3.8 | 3.9 | 4.0 | 3.7 | 4.3 | 4.1 | 4.1 |
| Provisions - Short-Term | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 |
| Other Current Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Revaluation Reserves | — | — | — | — | — | 0.5 | 0.6 | 0.6 |
| Total Current Liabilities | 0.5 | 1.0 | 1.1 | 1.0 | 0.7 | 0.8 | 0.6 | 0.7 |
| Other Non-Current Liabilities - Total | 0.0 | 0.0 | 0.0 | — | — | — | 0.0 | — |
| Provisions - Long-Term | — | — | 0.0 | — | — | — | — | — |
| Post Employment Benefits - Pension & Other - Long-Term | — | — | 0.0 | — | — | — | — | — |
| Other Non-Current Liabilities | 0.0 | 0.0 | — | — | — | — | 0.0 | — |
| Total Non-Current Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 |
| Common Shares - Issued - Total mn | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 |
| Common Shares - Outstanding - Total mn | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 |
| Common Shares - Treasury - Total mn | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Common Shares - Authorized - Issue Specific mn | — | — | — | — | — | 199.2 | 199.2 | 199.2 |
| Common Shares - Issued - Issue Specific mn | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 |
| Common Shares - Outstanding - Issue Specific mn | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 | 195.6 |
| Common Shares - Treasury - Issue Specific mn | 0.0 | 0.0 | 0.0 | 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× | 1.00× | 1.00× | 1.00× |
| Right of Use Tangible Assets - Total - Net - Supplemental | — | — | — | — | — | — | — | — |
| Right of Use Tangible Assets - Capital/Finance Lease - Net - Supplemental | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental | — | — | — | — | — | — | — | — |
| Finance and Operating Lease Liabilities - Total - Supplemental | — | — | — | 0.0 | 0.0 | — | — | — |
| Debt including Finance and Operating Lease Liabilities - Supplemental | — | 0.0 | — | 0.0 | 0.0 | — | — | — |
| Net Debt | (0.2) | (0.1) | (0.2) | (0.1) | (0.5) | (0.1) | (0.1) | (0.3) |
| Asset Accruals | 3.1 | 3.7 | 3.7 | 3.9 | 3.2 | 4.3 | 4.0 | 3.8 |
| Cash & Cash Equivalents - Total | 0.2 | 0.1 | 0.2 | 0.1 | 0.5 | 0.1 | 0.1 | 0.3 |
| Cash & Short Term Investments - Total | 0.2 | 0.1 | 0.2 | 0.1 | 0.5 | 0.1 | 0.1 | 0.3 |
| Debt - including Preferred Equity & Minority Interest - Total | — | 0.0 | — | 0.0 | 0.0 | — | — | — |
| Net Book Capital | 2.6 | 2.7 | 2.6 | 2.9 | 2.5 | 3.4 | 3.4 | 3.0 |
| Net Operating Assets | 2.6 | 2.7 | 2.6 | 2.9 | 2.5 | 3.4 | 3.4 | 3.0 |
| Provisions - Total | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Shareholders Equity - Common | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Tangible Total Equity | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Tangible Book Value | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Total Book Capital | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Total Capital | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.4 | 3.4 |
| Total Long Term Capital | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 3.5 | 3.5 | 3.4 |
| Book Value excluding Other Equity | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 10.3 | 10.3 | 10.2 |
| Assets Held for Sale/Discontinued Operations - Long-Term & Short-Term | — | — | — | 0.0 | 0.0 | — | — | — |
| Accruals - Short-Term | 2.2 | 2.3 | 2.2 | 2.6 | 2.2 | 2.7 | 2.6 | 2.3 |
| Cash & Short Term Investments - Net of Debt | 0.2 | 0.1 | 0.2 | 0.1 | 0.5 | 0.1 | 0.1 | 0.3 |
| Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments | — | 0.0 | — | — | — | — | — | — |
| Total Fixed Assets - Net | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.8 | 0.8 | 0.8 |
| Working Capital | 2.4 | 2.4 | 2.4 | 2.8 | 2.7 | 2.7 | 2.7 | 2.6 |
| Interest Bearing Liabilities - Total | — | 0.0 | — | 0.0 | 0.0 | — | — | — |
| Working Capital - Non-Cash | 2.2 | 2.3 | 2.2 | 2.6 | 2.2 | 2.7 | 2.6 | 2.3 |
| Working Capital excluding Other Current Assets & Liabilities | 2.5 | 2.5 | 2.5 | 2.8 | 2.8 | 2.8 | 2.7 | 2.7 |
| Net Debt Including Preferred Equity & Minority Interest | (0.2) | (0.1) | (0.2) | (0.1) | (0.5) | (0.1) | (0.1) | (0.3) |
| Other Short-Term & Long-Term Assets - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Short-Term & Long-Term Liabilities - Total | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 |
| Total Current Assets excluding Total Inventories | 2.3 | 3.0 | 3.0 | 3.3 | 3.0 | 3.1 | 2.7 | 2.8 |
| Tangible Book Value excluding Other Equity | 2.8 | 2.8 | 2.8 | 3.1 | 3.0 | 10.3 | 10.3 | 10.2 |
| Total Debt Excluding Islamic | — | 0.0 | — | 0.0 | 0.0 | — | — | — |
| Trade Accounts & Trade Notes Receivable - Net - Total | 0.7 | 1.2 | 1.2 | 1.1 | 0.8 | 1.0 | 0.9 | 0.9 |
| Current Liabilities excluding Current Debt - Total | — | 1.0 | — | — | — | — | — | — |
| Cash in Hand & with Banks - Total | 0.2 | 0.1 | 0.2 | 0.1 | 0.5 | 0.1 | 0.1 | 0.3 |
| Current Assets excluding Cash & Short Term Investments - Total | 2.7 | 3.3 | 3.3 | 3.6 | 2.9 | 3.4 | 3.2 | 3.0 |
| Cash, Short Term Investments & Accounts Receivable - Total | 0.9 | 1.3 | 1.4 | 1.2 | 1.3 | 1.1 | 1.0 | 1.2 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.