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

JSCL Jahangir Siddiqui & Co. Ltd.

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

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Last close · 16 Oct 2026

Rs 23.40 +7.34%

Annual · FY2006 – FY2025

Jahangir Siddiqui & Co. Ltd. (JSCL) income statement

Jahangir Siddiqui & Co. Ltd. reported revenue of Rs 166.1 bn for FY2025 (Jan – Dec 2025), down 28.9% on FY2024. Finance cost was Rs 82.8 bn, down 43.9% on FY2024. Tax of Rs 12.3 bn took 54.3% of pre-tax profit. Profit attributable to shareholders was Rs 6.5 bn, up 0.6% on FY2024, or Rs 7.08 per share.

JSCL income statement (annual) (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Revenue 166.1 233.7 139.9 77.4 45.5
Operating expenses (62.9) (52.6) (31.7) (18.2) (14.0)
Finance cost (82.8) (147.5) (92.6) (57.4) (27.3)
Profit before tax 22.7 30.1 20.5 4.1 3.7
Taxation (12.3) (16.9) (8.2) (1.7) (1.4)
Profit after tax 10.4 13.1 12.3 2.4 2.3
Profit attributable to shareholders 6.5 6.4 9.0 2.1 1.7
Per share
EPS – basic (Rs) Rs 7.08 7.06 9.82 2.39 1.81
Dividend per share (Rs) Rs 0.00 0.00 0.60 0.00 0.00
JSCL income statement — year-on-year change (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Revenue -28.9% +67.1% +80.7% +70.1% -10.2%
Operating expenses +19.5% +65.7% +74.4% +29.8% -2.6%
Finance cost -43.9% +59.3% +61.4% +109.8% -19.2%
Profit before tax -24.4% +46.5% +401.6% +11.0% +46.8%
Taxation -27.1% +105.9% +379.9% +26.0% +11.4%
Profit after tax -20.9% +6.8% +417.3% +2.3% +80.4%
Profit attributable to shareholders +0.6% -28.1% +317.0% +29.5% +81.4%
Per share
EPS – basic (Rs) +0.2% -28.1% +311.5% +31.6% +81.4%
Dividend per share (Rs) — -100.0% — — —

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

JSCL income statement — common size (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Revenue 100.0% 100.0% 100.0% 100.0% 100.0%
Operating expenses (37.9%) (22.5%) (22.7%) (23.5%) (30.8%)
Finance cost (49.8%) (63.1%) (66.2%) (74.1%) (60.1%)
Profit before tax 13.7% 12.9% 14.7% 5.3% 8.1%
Taxation (7.4%) (7.2%) (5.9%) (2.2%) (3.0%)
Profit after tax 6.3% 5.6% 8.8% 3.1% 5.1%
Profit attributable to shareholders 3.9% 2.8% 6.4% 2.8% 3.7%

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 153
JSCL income statement — all reported line items (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Interest & Dividend Income - Finance - Total 146.6 223.0 133.6 73.8 40.8
Interest Income - Loans/Deposits 59.5 83.5 59.8 30.3 20.6
Interest & Dividend Income - Other - Finance 87.1 139.6 73.8 43.5 20.3
Net Commission & Fees Income/Expense - Business Revenue 11.6 9.0 5.9 3.8 4.3
Fees & Commissions Income 11.6 9.0 5.9 3.9 4.4
Fees & Commissions Expense — — — 0.1 0.1
Investments & Loans - Business - Gain/(Loss) 7.9 1.7 0.3 (0.2) 0.3
Investment Securities - Business - Gain/(Loss) 0.1 2.0 0.4 (0.1) 0.4
Investments Securities - Available for Sale/Held to Maturity - Realized Gain/(Loss) 0.1 0.3 0.6 (0.1) 0.1
Trading Investments - Realized Gain/(Loss) — — (0.2) — —
Revenue from Business-Related Activities - Other - Total — — — — —
Derivatives - Hedging - Business - Gain/(Loss) 0.0 0.1 (0.0) (0.1) 0.1
Gain/(Loss) on Sale of Financial Instruments - Other 7.8 (0.4) (0.0) 0.0 (0.1)
Trading Investments/Trading Account Income - Gain/(Loss) — 1.7 (0.2) (0.0) 0.3
Trading Investments - Unrealized Gain/(Loss) — 1.7 0.0 (0.0) 0.3
Revenue from Business Activities - Total 166.1 233.7 139.9 77.4 45.5
Selling, General & Administrative Expenses - Total 62.9 52.6 31.7 18.2 14.0
Selling, General & Administrative Expenses - Unclassified 54.1 45.4 28.0 7.6 5.8
Depreciation in Selling, General & Administrative Expenses 7.3 5.8 3.0 2.1 1.8
Amortization of Intangibles in Selling, General & Administrative Expenses 1.1 0.8 0.4 0.2 0.1
Other Operating Expense/(Income) - Net 0.0 0.0 0.0 0.0 0.0
Operating Expenses - Total 65.4 61.2 37.7 19.3 16.5
Provision & Impairment for Loan Losses 2.5 8.6 5.9 1.1 2.5
Operating Expenses - before Interest Expenses & Provision for Loan Losses - Total 62.9 52.6 31.7 18.2 14.0
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 0.4 0.7 0.3 7.2 5.9
Selling, General & Administrative Expenses - Other - Total — — — 1.2 0.4
Advertising Expense — — — 1.1 0.3
Rental Expense — — — 0.0 0.0
Operating Profit before Non-Recurring Income/(Expense) 100.7 172.5 102.2 58.1 29.0
Financing Income/(Expense) - Net - Total (82.8) (147.6) (92.6) (55.3) (26.2)
Interest Expense - Net of (Interest Income) 82.8 147.5 92.6 57.4 27.3
Other Operating Expense 0.0 0.0 0.0 0.0 0.0
Interest Expense - Net of Capitalized Interest 82.8 147.5 92.6 57.4 27.3
Non-Interest Financial Income/(Expense) - Total (0.0) (0.0) (0.1) 2.1 1.1
Non-Interest Financial Income/(Expense) - Other - Net (0.0) (0.0) (0.1) (0.1) (0.1)
Sale of Tangible & Intangible Fixed Assets - Gain/Loss 0.1 0.1 0.1 0.1 0.0
Equity Earnings/(Loss) - before Taxes including Non-Recurring 2.5 0.5 2.8 0.9 0.5
Other Non-Operating Income/(Expense) - Total 3.4 4.5 8.2 0.3 0.3
Non-Operating Rental Income — — — 0.0 0.0
Supplementary Adjustments - Non-Operating - Decrease/(Increase) — — — — —
Foreign Exchange Gain/(Loss) - Non-Business — — — 2.2 1.2
Normalized Pre-tax Profit 24.0 30.0 20.6 4.1 3.5
Non-Recurring Income/Expense - Total (1.2) 0.1 (0.1) 0.0 0.1
Impairment - Tangible & Intangible Fixed Assets — — — 0.0 0.2
Impairment - Fixed Assets — — — 0.0 0.2
Interest Income - Non-Bank — — — — —
Impairment - Financial Investments 2.4 (0.1) 0.1 (0.0) (0.3)
Recognition of Negative Goodwill 1.1 — — — —
Provision for Income Tax Expense- Unclassified — 16.9 8.2 — —
Income before Taxes 22.7 30.1 20.5 4.1 3.7
Income Taxes 12.3 16.9 8.2 1.7 1.4
Income Taxes for the Year - Current 14.5 — — 1.8 1.4
Income Taxes - Domestic - Current 9.9 — — 1.7 1.5
Income Taxes - Other (KFAS/NLST) - Current 4.6 — — 0.1 (0.1)
Income Taxes - Deferred (2.2) — — (0.1) 0.0
Net Income after Tax 10.4 13.1 12.3 2.4 2.3
Income before Discontinued Operations & Extraordinary Items 10.4 13.1 12.3 2.4 2.3
Net Income before Minority Interest 10.4 13.1 12.4 2.4 2.0
Minority Interest 3.9 6.7 3.4 0.2 0.4
Net Income after Minority Interest 6.5 6.4 9.0 2.1 1.7
Income Available to Common Shares 6.5 6.5 9.0 2.2 1.7
Extraordinary Activities - after Tax - Gain/(Loss) — 0.0 0.1 (0.0) (0.3)
Discontinued Operations - Net of Taxes - Total - Income/(Expense) — 0.0 0.1 (0.0) (0.3)
Other Comprehensive Income - Starting Line — — — 2.4 —
Discontinued Operations - Net - Income/(Expense) — 0.0 0.1 — —
Other Comprehensive Income - Foreign Currency — — — 0.3 —
Other Comprehensive Income - Unrealized Investment Gain/(Loss) — — — (4.0) —
Discontinued Operations before Tax - Total - Income/(Expense) — — — 0.0 (0.3)
Discontinued Operations before Tax - Income/(Expense) — — — 0.0 (0.3)
Discontinued Operations - Tax Impacts — — — (0.0) (0.0)
Other Comprehensive Income - Associated Companies — — — (0.1) —
Other Comprehensive Income - Net of Tax - Total — — — (3.8) —
Comprehensive Income before Minority Interest - Total — — — (1.4) —
Comprehensive Income - Attributable to Minority Interest - Total — — — (0.2) —
Comprehensive Income - Attributable to Parent Company Equity Holders - Total — — — (1.2) —
Distribution for Preferred Shares — — — — —
Earnings Adjustments to Net Income - Other Expense/(Income) 0.0 (0.0) (0.0) (0.0) —
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.60 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 6.5 6.5 9.0 2.2 1.7
Income available to Common excluding Extraordinary Items 6.5 6.5 8.9 2.2 2.0
Shares used to calculate Basic EPS - Total mn 915.9 915.9 915.9 915.9 915.9
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 7.08 7.06 9.82 2.39 1.81
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 7.08 7.06 9.75 2.39 2.15
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 8.41 6.98 9.86 2.38 2.00
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 6.5 6.5 9.0 2.2 1.7
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 915.9 915.9 915.9 915.9 915.9
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 7.08 7.06 9.82 2.39 1.81
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 7.08 7.06 9.75 2.39 2.15
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 8.41 6.98 9.86 2.38 2.00
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.07 (0.00) (0.34)
Comprehensive Earnings Per Share - Basic - Issue Specific Rs — — — (1.29) —
Dilution Adjustment — — — — —
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 6.5 6.5 9.0 2.2 1.7
Diluted Income available to Common excluding Extraordinary Items 6.5 6.5 8.9 2.2 2.0
Shares used to calculate Diluted EPS - Total mn 915.9 1,062.5 1,062.5 1,062.5 985.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 7.08 6.09 8.47 2.06 1.69
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 7.08 6.09 8.41 2.06 1.69
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 8.41 6.02 8.50 2.05 1.86
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 6.5 6.5 9.0 2.2 1.7
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 915.9 1,062.5 1,062.5 1,062.5 985.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 7.08 6.09 8.47 2.06 1.69
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 7.08 6.09 8.41 2.06 1.69
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 8.41 6.02 8.50 2.05 1.86
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 (0.00) 0.06 (0.00) 0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs — — — (1.11) —
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 0.00 0.60 0.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.54 0.00 0.00
Earnings before Interest & Taxes (EBIT) 100.7 172.5 102.2 58.1 29.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 109.0 179.1 105.6 60.4 31.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments — — — 60.4 31.0
Depreciation - Investment Property - Supplemental 0.0 0.0 0.0 0.0 0.0
Depreciation & Amortization - Supplemental 8.4 6.6 3.4 2.3 2.0
Depreciation Expense - Total - Supplemental 7.3 5.8 3.0 2.1 1.9
Depreciation - Financial Lease Right-of-Use Assets - Supplemental 3.5 2.7 1.4 1.1 1.0
Amortization - Total - Supplemental 1.1 0.8 0.4 0.2 0.1
Intangible Amortization - Other - Supplemental — — — 0.2 0.1
Amortization of Licenses, Copyrights, Property Rights & Designs - Supplemental — — — — —
Depreciation, Depletion & Amortization - Total 8.4 6.6 3.4 2.3 2.0
Depreciation - Total 7.3 5.8 3.0 2.1 1.9
Amortization of Intangible Assets including Goodwill - Total — — — — —
Amortization of Intangible Assets excluding Goodwill - Total 1.1 0.8 0.3 0.2 0.1
Labor & Related Expenses - Total — — — 7.2 5.9
Islamic Income — — — — —
Labor & Related Expenses - Supplemental — — — 7.2 5.9
Auditor Fees — — — — —
Audit-Related Fees — — — — —
Fees - Other — — — — —
Normalized after Tax Profit 11.6 13.1 12.4 2.4 2.2
Normalized Net Income from Continuing Operations 11.6 13.1 12.4 2.4 2.2
Normalized Net Income - Bottom Line 7.7 6.4 9.0 2.2 1.8
Earnings before Interest & Taxes (EBIT) - Normalized 106.8 177.5 113.2 61.4 30.9
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 115.1 184.1 116.6 63.7 32.9
Depreciation of Financial Lease Right-of-Use Assets — — — 1.1 1.0
Rental/Operating Lease Expense — — — 0.0 0.0
Advertising Expenses - Supplemental — — — 1.1 0.3
Interest Expense 82.8 147.5 92.6 57.4 27.3
Commissions & Fees from Securities Activities — — — 0.2 0.2
Revenue after Loan Provisions - Net - Finance 144.0 214.4 127.7 72.7 38.4
Operating Expenses 65.4 61.2 37.7 19.3 16.5
Selling, General & Administrative Expenses excluding Research & Development Expenses 62.9 52.6 31.7 18.2 14.0
Income before Taxes & Provision for Loan Losses 25.3 38.7 26.5 5.2 6.2
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.60 0.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 0.60 0.00 0.00
Tax Adjusted Operating Income 44.3 70.9 64.4 35.5 18.9
Operating Expenses excluding Non-Cash Charges - Total 57.1 54.6 34.3 17.0 14.5
Revenue Net of Interest Expense Before Loan Loss Provision 166.1 233.7 139.9 77.4 45.5
Income from Earning Assets 146.6 226.7 133.8 73.6 41.5
Income Available to Common Shares before Depreciation & Amortization 14.9 13.1 12.4 4.5 3.7
Fixed Charges 82.8 147.5 92.5 57.3 27.3
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 0.00 0.60 0.00 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed.