FTMM First Treet Manufacturing Modaraba

First Treet Manufacturing Modaraba (FTMM) financial ratios

First Treet Manufacturing Modaraba earned a net margin of 2.9% in FY2026 against a five-year average of 5.0% (Modarabas median 4.6%). Return on equity was 4.1%, compared with a sector median of 4.1%. The current ratio stood at 5.88× and debt was — of equity. Cash took about 156 days to cycle through receivables, inventory and payables.

FY2026 vs the Modarabas median

Net margin: 2.9%; Sector median 4.6%
Return on equity (ROE): 4.1%; Sector median 4.1%
Return on assets (ROA): 3.4%; Sector median 1.9%
Dividend payout ratio: 244.7%; Sector median 37.6%

Median of the 20 companies in the sector with the figure for their latest fiscal year.

FTMM financial ratios (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	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	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015
Profitability
Pre-tax margin	3.1%	3.6%	5.6%	5.2%	8.6%	(8.8%)	(66.6%)	(52.3%)	(13.2%)	7.8%	9.2%	6.5%
Net margin	2.9%	3.1%	6.5%	4.2%	8.2%	(10.1%)	(66.7%)	(52.3%)	(13.2%)	7.8%	9.2%	6.5%
Effective tax rate	6.6%	14.9%	(17.2%)	18.1%	4.7%	—	—	—	—	0.0%	0.0%	0.0%
Returns
Return on equity (ROE)	4.1%	4.0%	9.9%	4.7%	4.9%	(48.5%)	—	(78.3%)	(8.3%)	4.5%	7.9%	—
Return on assets (ROA)	3.4%	3.3%	8.2%	2.2%	1.9%	(5.6%)	(25.5%)	(18.8%)	(3.4%)	2.9%	6.7%	—
Leverage
Debt to equity	—	0.0%	0.0%	0.0%	128.0%	106.8%	—	508.5%	190.3%	84.3%	6.1%	—
Debt to capital	—	0.0%	0.0%	0.0%	56.1%	51.6%	125.4%	83.6%	65.6%	45.7%	5.7%	—
Debt to assets	—	0.0%	0.0%	0.0%	48.3%	43.7%	114.5%	78.8%	63.4%	43.2%	5.2%	—
Assets to equity	1.21×	1.21×	1.22×	2.13×	2.54×	8.71×	—	4.16×	2.45×	1.56×	1.18×	—
Dividends
Dividend payout ratio	244.7%	0.0%	0.0%	0.0%	0.0%	—	—	—	—	0.0%	0.0%	0.0%
Earnings retention rate	(1.45×)	1.00×	1.00×	1.00×	1.00×	—	—	—	—	1.00×	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

FTMM: frequently asked questions

What is FTMM's EPS?

First Treet Manufacturing Modaraba reported basic earnings per share of Rs 0.61 for FY2026 (Jul 2025 – Jun 2026).

What is FTMM's P/E ratio?

At the closing price of Rs 18.79 on 16 Oct 2026, FTMM trades at a P/E of 30.6× based on EPS of Rs 0.61 (FY2026).

Does FTMM pay dividends?

First Treet Manufacturing Modaraba did not declare a cash dividend for FY2026.

What was FTMM's revenue and profit in FY2026?

First Treet Manufacturing Modaraba reported revenue of Rs 4.2 bn and profit attributable to shareholders of Rs 119.9 mn for FY2026 (Jul 2025 – Jun 2026).

What is FTMM's book value per share?

First Treet Manufacturing Modaraba's book value per share was Rs 14.40 at the end of FY2026. The shares trade at 1.30× book value.

Information only, not investment advice.