Last close · 16 Oct 2026
Rs 34.65 -10.00%
Annual · FY2017 – FY2026
First Tri-Star Modaraba (FTSM) income statement
First Tri-Star Modaraba reported revenue of Rs 23.1 mn for FY2026 (Jul 2025 – Jun 2026), down 38.6% on FY2025. Finance cost was Rs 1.1 mn, down 48.2% on FY2025. Tax of Rs 686,317 took 12.3% of pre-tax profit. Profit attributable to shareholders was Rs 4.9 mn, or Rs 0.23 per share.
| 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 | 23.1 | 37.6 | 35.5 | 42.6 | 28.0 | 39.4 | 26.8 | 19.9 | 18.0 | 6.9 |
| Operating expenses | (12.5) | (49.1) | (33.1) | 313.8 | (27.3) | (25.9) | (24.5) | (40.4) | (15.7) | (3.5) |
| Finance cost | (1.1) | (2.1) | (1.9) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | — |
| Profit before tax | 5.6 | (15.2) | 0.1 | 356.4 | 0.8 | 13.5 | 2.3 | (20.4) | 2.3 | 3.4 |
| Taxation | (0.7) | 0.2 | 1.6 | (2.2) | (0.4) | 0.0 | 0.0 | 0.0 | 0.0 | (1.4) |
| Profit after tax | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Profit attributable to shareholders | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Per share | ||||||||||
| EPS – basic (Rs) Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 4.00 | 4.00 | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | -38.6% | +5.7% | -16.6% | +51.9% | -28.8% | +47.1% | +34.2% | +10.8% | +159.3% | — |
| Operating expenses | -74.6% | +48.2% | — | -1,250.4% | +5.4% | +5.7% | -39.3% | +157.4% | +344.3% | — |
| Finance cost | -48.2% | +10.5% | +89,874.7% | -44.6% | +33.0% | +4.6% | -76.2% | +2,002.0% | — | — |
| Profit before tax | — | -25,550.5% | -100.0% | +46,841.9% | -94.4% | +493.1% | — | -980.5% | -32.0% | — |
| Taxation | — | — | -171.2% | +541.8% | — | — | — | — | -100.0% | — |
| Profit after tax | — | -1,004.5% | -99.5% | +86,550.7% | -97.0% | +493.1% | — | -980.5% | +15.8% | — |
| Profit attributable to shareholders | — | -1,004.5% | -99.5% | +86,550.7% | -97.0% | +493.1% | — | -980.5% | +15.8% | — |
| Per share | ||||||||||
| EPS – basic (Rs) | — | -1,004.5% | -99.5% | +86,590.8% | -97.0% | +493.2% | — | -980.6% | +15.8% | — |
| Dividend per share (Rs) | — | -100.0% | 0.0% | — | -100.0% | — | — | — | — | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
| 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 | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating expenses | (54.0%) | (130.6%) | (93.2%) | 736.7% | (97.3%) | (65.7%) | (91.5%) | (202.4%) | (87.1%) | (50.8%) |
| Finance cost | (4.7%) | (5.6%) | (5.4%) | (0.0%) | (0.0%) | (0.0%) | (0.0%) | (0.1%) | (0.0%) | — |
| Profit before tax | 24.2% | (40.5%) | 0.2% | 836.7% | 2.7% | 34.3% | 8.5% | (102.4%) | 12.9% | 49.2% |
| Taxation | (3.0%) | 0.5% | 4.5% | (5.3%) | (1.2%) | 0.0% | 0.0% | 0.0% | 0.0% | (20.3%) |
| Profit after tax | 21.3% | (40.0%) | 4.7% | 831.4% | 1.5% | 34.3% | 8.5% | (102.4%) | 12.9% | 28.9% |
| Profit attributable to shareholders | 21.3% | (40.0%) | 4.7% | 831.4% | 1.5% | 34.3% | 8.5% | (102.4%) | 12.9% | 28.9% |
Each line as a percentage of revenue.
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 87
| 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 from Goods & Services | 23.1 | 37.6 | 35.5 | 42.6 | 28.0 | 39.4 | 26.8 | 19.9 | 18.0 | 6.9 |
| Sales of Goods & Services - Net - Unclassified | 23.1 | 37.6 | 35.5 | 42.6 | 28.0 | 7.6 | 8.8 | 19.9 | 18.0 | 6.9 |
| Rental & Property-Related Operating Revenue | — | — | — | — | — | 31.8 | 18.0 | — | — | — |
| Revenue from Business Activities - Total | 23.1 | 37.6 | 35.5 | 42.6 | 28.0 | 39.4 | 26.8 | 19.9 | 18.0 | 6.9 |
| Selling, General & Administrative Expenses - Total | 40.4 | 56.8 | 33.1 | 37.2 | 28.8 | 25.7 | 25.0 | 40.4 | 15.7 | 3.1 |
| Selling, General & Administrative Expenses - Unclassified | 39.2 | 56.8 | 33.1 | 33.8 | 28.7 | 23.9 | 24.7 | — | — | 2.7 |
| Other Operating Expense/(Income) - Net | (27.9) | (7.7) | (0.0) | (351.0) | (1.5) | 0.2 | (0.5) | (0.0) | (0.0) | 0.4 |
| Other Operating Income - Total | 28.1 | 7.7 | 0.0 | — | 1.5 | 0.1 | — | — | — | — |
| Gross Profit - Industrials/Property - Total | 23.1 | 37.6 | 35.5 | 42.6 | 28.0 | 39.4 | 26.8 | 19.9 | 18.0 | 6.9 |
| Operating Expenses - Total | 12.5 | 49.1 | 33.1 | (313.8) | 27.3 | 25.9 | 24.5 | 40.4 | 15.7 | 3.5 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | 1.2 | 0.0 | 0.1 | 3.0 | 0.1 | 1.6 | 0.3 | — | — | 0.4 |
| Selling, General & Administrative Expenses - Other - Total | — | 0.0 | 0.0 | 0.4 | 0.0 | 0.2 | 0.0 | — | — | 0.1 |
| Operating Profit before Non-Recurring Income/(Expense) | 10.6 | (11.5) | 2.4 | 356.4 | 0.8 | 13.5 | 2.3 | (20.4) | 2.3 | 3.4 |
| Financing Income/(Expense) - Net - Total | (1.1) | (2.1) | (1.9) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | — |
| Property & Other Taxes | — | 0.0 | 0.0 | 0.4 | 0.0 | 0.2 | 0.0 | — | — | 0.1 |
| Interest Expense - Net of (Interest Income) | 1.1 | 2.1 | 1.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
| Interest Expense - Net of Capitalized Interest | 1.1 | 2.1 | 1.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
| Operating Provisions - Increase/(Decrease) | 0.2 | 0.0 | 0.0 | — | 0.0 | 0.3 | — | — | — | — |
| Non-Interest Financial Income/(Expense) - Total | (0.0) | — | — | — | — | — | — | — | — | — |
| Non-Interest Financial Income/(Expense) - Other - Net | (0.0) | — | — | — | — | — | — | — | — | — |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 0.8 | — | — | — | — | — | — | — | — | — |
| Other Non-Operating Income/(Expense) - Total | (4.7) | (1.6) | (0.4) | — | — | 0.0 | — | 0.0 | — | — |
| Normalized Pre-tax Profit | 5.6 | (15.2) | 0.1 | 356.4 | 0.8 | 13.5 | 2.3 | (20.4) | 2.3 | 3.4 |
| Provision for Income Tax Expense- Unclassified | 0.7 | (0.2) | (1.6) | 2.2 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 1.4 |
| Income before Taxes | 5.6 | (15.2) | 0.1 | 356.4 | 0.8 | 13.5 | 2.3 | (20.4) | 2.3 | 3.4 |
| Income Taxes | 0.7 | (0.2) | (1.6) | 2.2 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 1.4 |
| Net Income after Tax | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Income before Discontinued Operations & Extraordinary Items | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Net Income before Minority Interest | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Net Income after Minority Interest | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Income Available to Common Shares | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 4.00 | 4.00 | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Income available to Common excluding Extraordinary Items | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Shares used to calculate Basic EPS - Total mn | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Diluted Income available to Common excluding Extraordinary Items | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Shares used to calculate Diluted EPS - Total mn | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 | 21.2 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 0.23 | (0.71) | 0.08 | 16.74 | 0.02 | 0.64 | 0.11 | (0.97) | 0.11 | 0.09 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 2.00 | 6.00 | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 1.80 | 5.40 | 0.00 | 0.54 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 10.6 | (11.5) | 2.4 | 356.4 | 0.8 | 13.5 | 2.3 | (20.4) | 2.3 | 3.4 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 28.8 | 0.5 | 7.7 | 357.8 | 1.7 | 15.0 | 8.3 | (13.7) | 2.5 | 4.6 |
| Depreciation - Investment Property - Supplemental | — | — | — | 7.6 | 9.2 | 9.0 | 5.6 | 6.3 | 13.9 | — |
| Depreciation & Amortization - Supplemental | 18.2 | 12.0 | 5.3 | 1.4 | 0.9 | 1.5 | 6.0 | 6.7 | 0.2 | 1.2 |
| Depreciation Expense - Total - Supplemental | 18.2 | 12.0 | 5.3 | 1.4 | 0.9 | 1.5 | 6.0 | 6.7 | 0.2 | 1.2 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 18.0 | 11.1 | 4.1 | — | — | — | — | — | — | — |
| Depreciation, Depletion & Amortization - Total | 18.2 | 12.0 | 5.3 | 1.4 | 0.9 | 1.5 | 6.0 | 6.7 | 0.2 | 1.2 |
| Depreciation - Total | 18.2 | 12.0 | 5.3 | 1.4 | 0.9 | 1.5 | 6.0 | 6.7 | 0.2 | 1.2 |
| Normalized after Tax Profit | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Normalized Net Income from Continuing Operations | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Normalized Net Income - Bottom Line | 4.9 | (15.0) | 1.7 | 354.2 | 0.4 | 13.5 | 2.3 | (20.4) | 2.3 | 2.0 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 6.7 | (13.1) | 2.0 | 356.4 | 0.8 | 13.5 | 2.3 | (20.4) | 2.3 | 3.4 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 24.9 | (1.1) | 7.2 | 357.8 | 1.7 | 15.0 | 8.3 | (13.7) | 2.5 | 4.6 |
| Depreciation of Financial Lease Right-of-Use Assets | 18.0 | 11.1 | 4.1 | — | — | — | — | — | — | — |
| Interest Expense on Financial Lease Liabilities - Supplemental | 1.1 | — | — | — | — | — | — | — | — | — |
| Interest Expense | 1.1 | 2.1 | 1.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
| Operating Expenses | 12.5 | 49.1 | 33.1 | (313.8) | 27.3 | 25.9 | 24.5 | 40.4 | 15.7 | 3.5 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 40.4 | 56.8 | 33.1 | 37.2 | 28.8 | 25.7 | 25.0 | 40.4 | 15.7 | 3.1 |
| Income before Taxes & Provision for Loan Losses | 5.6 | (15.2) | 0.1 | 356.4 | 0.8 | 13.5 | 2.3 | (20.4) | 2.3 | 3.4 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 2.00 | 6.00 | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 2.00 | 6.00 | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 5.9 | — | 54.8 | 354.2 | 0.4 | 13.5 | 2.3 | — | 2.3 | 2.0 |
| Operating Expenses excluding Non-Cash Charges - Total | (5.7) | 37.1 | 27.9 | (315.2) | 26.4 | 24.4 | 18.5 | 33.7 | 15.5 | 2.3 |
| Income Available to Common Shares before Depreciation & Amortization | 23.1 | (3.0) | 6.9 | 355.5 | 1.3 | 15.0 | 8.3 | (13.8) | 2.5 | 3.2 |
| Fixed Charges | 1.1 | 2.1 | 1.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.35× | 0.30× | 0.30× | 0.31× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 2.00 | 6.00 | 0.00 | 0.60 | 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. Latest 10 periods; the table above goes back further.