Skip to content
Smart Money

Inv. Banks / Inv. Cos. / Securities Cos.

IMS Intermarket Securities Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 17.11 -1.61%

Annual · FY2008 – FY2026

Intermarket Securities Limited (IMS) income statement

Intermarket Securities Limited reported revenue of Rs 2.0 bn for FY2026 (Jul 2025 – Jun 2026), up 62.0% on FY2024. Finance cost was Rs 25.1 mn, down 81.3% on FY2024. Tax of Rs 360.2 mn took 39.8% of pre-tax profit. Profit attributable to shareholders was Rs 544.5 mn, up 12.9% on FY2024, or Rs 0.42 per share.

IMS income statement (annual) (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2024 * Jan – Dec 2024 FY2023 * Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 * Jul 2016 – Jun 2017 FY2016 Jul 2015 – Jun 2016 FY2015 Jul 2014 – Jun 2015 FY2014 * Jul 2013 – Jun 2014 FY2013 * Jul 2012 – Jun 2013 FY2012 * Jul 2011 – Jun 2012 FY2011 * Jul 2010 – Jun 2011 FY2010 Jul 2009 – Jun 2010 FY2009 Jul 2008 – Jun 2009 FY2008 * Jul 2007 – Jun 2008
Revenue 2,004.0 1,236.8 288.8 214.9 269.6 204.3 158.0 151.6 — 82.7 193.8 247.0 294.3 280.7 100.0 290.3 120.5 196.2
Operating expenses (1,056.8) (609.9) (248.2) (205.8) (196.2) (157.6) (166.8) (171.2) — (88.6) (69.0) (55.5) (55.8) (59.2) (59.5) (57.1) (64.7) (88.8)
Finance cost (25.1) (134.1) (131.8) (99.7) (28.7) (37.0) (40.9) (16.6) — (0.6) (0.4) (0.7) (0.5) (5.9) (2.5) (12.5) (256.9) (137.9)
Profit before tax 904.6 543.8 (79.6) (86.4) 46.7 16.2 (37.2) (30.7) — (5.9) 149.5 200.0 246.3 222.2 50.8 178.8 (147.0) 32.9
Taxation (360.2) (61.6) (27.9) (15.5) (17.8) (14.6) (10.5) (15.0) — (3.8) (11.0) (8.7) (16.2) (4.4) (2.3) (6.7) (11.5) (12.6)
Profit after tax 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7) 138.5 191.3 230.0 217.8 48.5 172.1 (158.5) 20.2
Profit attributable to shareholders 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7) 138.5 191.3 230.0 217.8 48.5 172.1 (158.5) 20.2
Per share
EPS – basic (Rs) Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05) 0.57 0.41 0.35 0.33 0.07 0.26 (0.24) 0.04
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 0.00 2.03 0.00 0.00 0.00 0.00 0.10 0.00 0.00
IMS income statement — year-on-year change (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2024 * Jan – Dec 2024 FY2023 * Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 * Jul 2016 – Jun 2017 FY2016 Jul 2015 – Jun 2016 FY2015 Jul 2014 – Jun 2015 FY2014 * Jul 2013 – Jun 2014 FY2013 * Jul 2012 – Jun 2013 FY2012 * Jul 2011 – Jun 2012 FY2011 * Jul 2010 – Jun 2011 FY2010 Jul 2009 – Jun 2010 FY2009 Jul 2008 – Jun 2009 FY2008 * Jul 2007 – Jun 2008
Revenue +62.0% +328.2% +34.4% -20.3% +32.0% +29.3% +4.2% — — -57.3% -21.5% -16.1% +4.8% +180.6% -65.5% +140.9% -38.6% —
Operating expenses +73.3% +145.7% +20.6% +4.9% +24.5% -5.5% -2.6% — — +28.4% +24.3% -0.5% -5.7% -0.4% +4.0% -11.6% -27.2% —
Finance cost -81.3% +1.8% +32.1% +247.4% -22.5% -9.5% +146.7% — — +49.4% -40.3% +48.2% -92.1% +131.4% -79.6% -95.1% +86.3% —
Profit before tax +66.3% — — -285.2% +187.7% — — — — -104.0% -25.2% -18.8% +10.8% +337.6% -71.6% — -547.3% —
Taxation +485.0% +121.0% +80.0% -13.0% +22.1% +38.2% -29.6% — — -66.0% +26.9% -46.5% +268.4% +91.2% -65.7% -41.6% -8.9% —
Profit after tax +12.9% — — -452.8% +1,638.7% — — — — -107.0% -27.6% -16.8% +5.6% +349.3% -71.8% — -884.2% —
Profit attributable to shareholders +12.9% — — -452.8% +1,638.7% — — — — -107.0% -27.6% -16.8% +5.6% +349.3% -71.8% — -884.2% —
Per share
EPS – basic (Rs) +4.1% — — -452.8% +1,638.8% — — — — -108.5% +39.5% +16.5% +5.6% +349.3% -71.8% — -778.2% —
Dividend per share (Rs) — — — — — — — — — -100.0% — — — — -100.0% — — —

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

IMS income statement — common size (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2024 * Jan – Dec 2024 FY2023 * Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 * Jul 2016 – Jun 2017 FY2016 Jul 2015 – Jun 2016 FY2015 Jul 2014 – Jun 2015 FY2014 * Jul 2013 – Jun 2014 FY2013 * Jul 2012 – Jun 2013 FY2012 * Jul 2011 – Jun 2012 FY2011 * Jul 2010 – Jun 2011 FY2010 Jul 2009 – Jun 2010 FY2009 Jul 2008 – Jun 2009 FY2008 * Jul 2007 – Jun 2008
Revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% — 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Operating expenses (52.7%) (49.3%) (85.9%) (95.8%) (72.8%) (77.1%) (105.6%) (112.9%) — (107.1%) (35.6%) (22.5%) (19.0%) (21.1%) (59.4%) (19.7%) (53.7%) (45.3%)
Finance cost (1.3%) (10.8%) (45.6%) (46.4%) (10.6%) (18.1%) (25.9%) (10.9%) — (0.7%) (0.2%) (0.3%) (0.2%) (2.1%) (2.5%) (4.3%) (213.2%) (70.3%)
Profit before tax 45.1% 44.0% (27.6%) (40.2%) 17.3% 7.9% (23.5%) (20.2%) — (7.2%) 77.1% 81.0% 83.7% 79.1% 50.7% 61.6% (122.0%) 16.7%
Taxation (18.0%) (5.0%) (9.6%) (7.2%) (6.6%) (7.1%) (6.7%) (9.9%) — (4.5%) (5.7%) (3.5%) (5.5%) (1.6%) (2.3%) (2.3%) (9.6%) (6.4%)
Profit after tax 27.2% 39.0% (37.2%) (47.4%) 10.7% 0.8% (30.2%) (30.1%) — (11.7%) 71.5% 77.4% 78.2% 77.6% 48.4% 59.3% (131.5%) 10.3%
Profit attributable to shareholders 27.2% 39.0% (37.2%) (47.4%) 10.7% 0.8% (30.2%) (30.1%) — (11.7%) 71.5% 77.4% 78.2% 77.6% 48.4% 59.3% (131.5%) 10.3%

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 96
IMS income statement — all reported line items (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 Jul 2016 – Jun 2017 FY2016 Jul 2015 – Jun 2016
Investments & Loans - Business - Gain/(Loss) 130.8 240.6 139.4 97.6 26.9 32.1 34.6 17.5 — 2.6
Investment Securities - Business - Gain/(Loss) 130.8 240.6 139.4 97.6 26.9 32.1 34.6 17.5 — 2.6
Revenue from Business-Related Activities - Other - Total 1,873.1 996.2 149.5 117.3 242.7 172.2 123.4 134.1 — 80.1
Investment Securities - Business Unclassified - Gain/(Loss) 130.8 240.6 139.4 97.6 26.9 32.1 34.6 17.5 — 2.6
Revenue from Business Activities - Total 2,004.0 1,236.8 288.8 214.9 269.6 204.3 158.0 151.6 — 82.7
Selling, General & Administrative Expenses - Total 1,056.8 609.9 248.2 205.8 196.2 157.6 166.8 171.2 — 88.6
Selling, General & Administrative Expenses - Unclassified 1,017.6 590.8 237.6 200.3 — 151.7 160.9 162.8 — —
Depreciation in Selling, General & Administrative Expenses 37.6 18.7 10.4 5.2 — 5.3 5.1 7.1 — —
Amortization of Intangibles in Selling, General & Administrative Expenses 1.6 0.4 0.2 0.3 — 0.6 0.9 1.3 — —
Operating Expenses - Total 1,056.8 609.9 248.2 205.8 196.2 157.6 166.8 171.2 — 88.6
Operating Expenses - before Interest Expenses & Provision for Loan Losses - Total 1,056.8 609.9 248.2 205.8 196.2 157.6 166.8 171.2 — 88.6
Operating Profit before Non-Recurring Income/(Expense) 947.2 626.9 40.6 9.1 73.4 46.7 (8.8) (19.6) — (5.9)
Financing Income/(Expense) - Net - Total (25.1) (134.1) (131.9) (99.9) (29.2) (37.1) (41.0) (17.1) — (0.8)
Interest Expense - Net of (Interest Income) 25.1 134.1 131.8 99.7 28.7 37.0 40.9 16.6 — 0.6
Interest Expense - Net of Capitalized Interest 98.5 134.1 157.3 111.6 43.3 40.3 45.0 28.7 — 0.6
Non-Interest Financial Income/(Expense) - Total — — (0.1) (0.1) (0.5) (0.1) (0.1) (0.5) — (0.2)
Non-Interest Financial Income/(Expense) - Other - Net — — (0.1) (0.1) (0.5) (0.1) (0.1) (0.5) — (0.2)
Sale of Tangible & Intangible Fixed Assets - Gain/Loss (1.4) 0.1 — — — (0.6) 1.6 2.6 — —
Other Non-Operating Income/(Expense) - Total (16.1) 30.9 2.0 (10.3) (4.4) 2.8 3.9 3.2 — 1.4
Normalized Pre-tax Profit 904.6 523.8 (89.2) (101.1) 39.8 11.9 (44.3) (30.9) — (5.3)
Non-Recurring Income/Expense - Total — 20.0 9.6 14.7 6.8 4.4 7.2 0.2 — (0.6)
Impairment - Tangible & Intangible Fixed Assets — 5.7 — — — — — — — —
Interest Income - Non-Bank 73.4 — 25.5 11.9 14.6 3.3 4.0 12.1 — —
Impairment - Intangibles excluding Goodwill — 5.7 — — — — — — — —
Fair Value Adjustments - Financial Investments — — 9.6 14.7 6.8 4.4 7.2 0.2 — (0.6)
Non-Recurring Income/(Expense) - Other - Total — 25.7 — — — — — — — —
Provision for Income Tax Expense- Unclassified 360.2 61.6 27.9 15.5 17.8 14.6 10.5 15.0 — 3.8
Income before Taxes 904.6 543.8 (79.6) (86.4) 46.7 16.2 (37.2) (30.7) — (5.9)
Income Taxes 360.2 61.6 27.9 15.5 17.8 14.6 10.5 15.0 — 3.8
Net Income after Tax 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Income before Discontinued Operations & Extraordinary Items 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Net Income before Minority Interest 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Net Income after Minority Interest 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Income Available to Common Shares 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Income available to Common excluding Extraordinary Items 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Shares used to calculate Basic EPS - Total mn 1,287.5 1,187.4 200.2 200.2 200.2 200.2 200.2 200.2 — 200.2
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05)
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 0.42 0.39 (0.58) (0.58) 0.11 (0.01) (0.27) (0.23) — (0.05)
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Earnings Allocation Factor - Basic - Issue Specific 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 1,287.5 1,187.4 200.2 200.2 200.2 200.2 200.2 200.2 — 200.2
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05)
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.42 0.39 (0.58) (0.58) 0.11 (0.01) (0.27) (0.23) — (0.05)
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
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Diluted Income available to Common excluding Extraordinary Items 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Shares used to calculate Diluted EPS - Total mn 1,287.5 1,187.4 200.2 200.2 200.2 200.2 200.2 200.2 — 200.2
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05)
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 0.42 0.39 (0.58) (0.58) 0.11 (0.01) (0.27) (0.23) — (0.05)
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 544.5 482.3 (107.5) (101.9) 28.9 1.7 (47.7) (45.6) — (9.7)
Earnings Allocation Factor - Diluted - Issue Specific 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 1,287.5 1,187.4 200.2 200.2 200.2 200.2 200.2 200.2 — 200.2
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.42 0.41 (0.54) (0.51) 0.14 0.01 (0.24) (0.23) — (0.05)
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.42 0.39 (0.58) (0.58) 0.11 (0.01) (0.27) (0.23) — (0.05)
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
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 1.28
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 1.15
Earnings before Interest & Taxes (EBIT) 947.2 626.9 40.6 9.1 73.4 46.7 (8.8) (19.6) — (5.9)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 986.4 646.0 51.2 14.5 79.1 52.6 (2.9) (11.2) — (2.4)
Depreciation & Amortization - Supplemental 39.2 19.1 10.6 5.5 — 5.9 5.9 8.4 — —
Depreciation Expense - Total - Supplemental 37.6 18.7 10.4 5.2 — 5.3 5.1 7.1 — —
Depreciation - Financial Lease Right-of-Use Assets - Supplemental 17.9 7.3 — — — — — — — —
Amortization - Total - Supplemental 1.6 0.4 0.2 0.3 — 0.6 0.9 1.3 — —
Intangible Amortization - Other - Supplemental 1.6 0.4 0.2 0.3 — 0.6 0.9 1.3 — —
Amortization of Computer Software - Supplemental 1.6 0.4 0.2 0.3 — 0.6 0.9 1.3 — —
Depreciation, Depletion & Amortization - Total 39.2 19.1 10.6 5.5 5.7 5.9 5.9 8.4 — 3.5
Depreciation - Total 37.6 18.7 10.4 5.2 5.3 5.3 5.1 7.1 — 3.5
Amortization of Intangible Assets excluding Goodwill - Total 1.6 0.4 0.2 0.3 0.4 0.6 0.9 1.3 — —
Auditor Fees — — — — — 0.2 — — — —
Audit-Related Fees — — — — — 0.2 — — — —
Normalized after Tax Profit 544.5 462.2 (117.1) (116.6) 22.0 (2.7) (54.9) (45.9) — (9.1)
Normalized Net Income from Continuing Operations 544.5 462.2 (117.1) (116.6) 22.0 (2.7) (54.9) (45.9) — (9.1)
Normalized Net Income - Bottom Line 544.5 462.2 (117.1) (116.6) 22.0 (2.7) (54.9) (45.9) — (9.1)
Earnings before Interest & Taxes (EBIT) - Normalized 929.7 657.9 42.5 (1.4) 68.5 48.9 (3.4) (14.3) — (4.7)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 969.0 677.0 53.1 4.1 74.2 54.8 2.5 (5.9) — (1.3)
Interest Expense on Financial Lease Liabilities - Supplemental 9.9 6.8 — — — — — — — —
Interest Expense 98.5 134.1 157.3 111.6 43.3 40.3 45.0 28.7 — 0.6
Operating Expenses 1,056.8 609.9 248.2 205.8 196.2 157.6 166.8 171.2 — 88.6
Selling, General & Administrative Expenses excluding Research & Development Expenses 1,056.8 609.9 248.2 205.8 196.2 157.6 166.8 171.2 — 88.6
Income before Taxes & Provision for Loan Losses 904.6 543.8 (79.6) (86.4) 46.7 16.2 (37.2) (30.7) — (5.9)
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 1.28
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 1.28
Tax Adjusted Operating Income 603.7 601.2 — — 55.7 5.8 — — — —
Operating Expenses excluding Non-Cash Charges - Total 1,017.6 590.8 237.6 200.3 190.5 151.7 160.9 162.8 — 85.1
Revenue Net of Interest Expense Before Loan Loss Provision 2,004.0 1,236.8 288.8 214.9 269.6 204.3 158.0 151.6 — 82.7
Income from Earning Assets 130.8 240.6 139.4 97.6 26.9 32.1 34.6 17.5 — 2.6
Income Available to Common Shares before Depreciation & Amortization 583.7 501.4 (96.9) (96.4) 34.6 7.5 (41.8) (37.3) — (6.2)
Fixed Charges 98.5 134.1 157.3 111.6 43.3 40.3 45.0 28.7 — 0.6
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29× 0.35× 0.30× 0.30× — 0.32×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 1.28

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.