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Modarabas

SINDM Sindh Modaraba

Latest results: FY2026 · Jun 2026

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Last close · 16 Oct 2026

Rs 49.00 +6.24%

Annual · FY2016 – FY2026

Sindh Modaraba (SINDM) income statement

Sindh Modaraba reported revenue of Rs 363.4 mn for FY2026 (Jul 2025 – Jun 2026), up 6.3% on FY2025. Tax of Rs 69.2 mn took 30.0% of pre-tax profit. Profit attributable to shareholders was Rs 161.3 mn, down 10.4% on FY2025, or Rs 3.59 per share.

SINDM income statement (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
Revenue 363.4 341.8 407.3 279.7 167.0
Operating expenses (131.3) (105.4) (100.9) (85.3) (66.3)
Profit before tax 230.5 236.4 306.5 194.6 100.7
Taxation (69.2) (56.3) (105.2) (64.2) (34.4)
Profit after tax 161.3 180.1 201.3 130.4 66.3
Profit attributable to shareholders 161.3 180.1 201.3 130.4 66.3
Per share
EPS – basic (Rs) Rs 3.59 4.00 4.47 2.90 1.47
Dividend per share (Rs) Rs 1.40 1.35 1.25 1.25 1.20
SINDM income statement — year-on-year change (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
Revenue +6.3% -16.1% +45.7% +67.4% +20.8%
Operating expenses +24.5% +4.5% +18.2% +28.6% +6.3%
Profit before tax -2.5% -22.9% +57.5% +93.2% +32.8%
Taxation +23.0% -46.5% +63.9% +86.6% —
Profit after tax -10.4% -10.5% +54.4% +96.7% -12.5%
Profit attributable to shareholders -10.4% -10.5% +54.4% +96.7% -12.5%
Per share
EPS – basic (Rs) -10.4% -10.5% +54.4% +96.7% -12.5%
Dividend per share (Rs) +3.7% +8.0% 0.0% +4.2% +20.0%

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

SINDM income statement — common size (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
Revenue 100.0% 100.0% 100.0% 100.0% 100.0%
Operating expenses (36.1%) (30.8%) (24.8%) (30.5%) (39.7%)
Profit before tax 63.4% 69.2% 75.2% 69.6% 60.3%
Taxation (19.0%) (16.5%) (25.8%) (22.9%) (20.6%)
Profit after tax 44.4% 52.7% 49.4% 46.6% 39.7%
Profit attributable to shareholders 44.4% 52.7% 49.4% 46.6% 39.7%

Each line as a percentage of revenue.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 15 Oct 2026.

All reported line items 88
SINDM income statement — all reported line items (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
Investment Income - Gross - Investment 43.7 124.5 199.9 117.4 73.0
Interest Income - Investment 43.7 124.5 199.9 117.4 73.0
Trusts & Fiduciary Income/Commission & Fees — — — — 0.0
Fees & Commissions Income — — — — 0.0
Revenue from Business-Related Activities - Other - Total 319.7 217.3 207.4 162.3 94.1
Revenue from Business Activities - Total 363.4 341.8 407.3 279.7 167.0
Selling, General & Administrative Expenses - Total 137.3 114.1 99.2 86.0 52.2
Selling, General & Administrative Expenses - Unclassified 108.0 86.5 63.4 62.8 39.4
Depreciation in Selling, General & Administrative Expenses 3.1 0.9 1.1 1.2 1.4
Amortization of Intangibles in Selling, General & Administrative Expenses 0.0 0.0 0.0 0.1 0.1
Other Operating Expense/(Income) - Net 2.5 (4.0) 4.5 1.8 14.1
Other Operating Income - Total 1.5 8.0 0.7 1.0 0.6
Operating Expenses - Total 131.3 105.4 100.9 85.3 66.3
Provision & Impairment for Loan Losses (8.5) (4.8) (2.9) (2.5) —
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 26.2 26.7 34.6 21.9 11.4
Selling, General & Administrative Expenses - Other - Total — — — — —
Rental Expense — — — — —
Operating Profit before Non-Recurring Income/(Expense) 232.1 236.4 306.5 194.3 100.7
Operating Provisions - Increase/(Decrease) 3.9 4.0 5.2 2.9 14.7
Sale of Tangible & Intangible Fixed Assets - Gain/Loss — — — 0.2 —
Other Non-Operating Income/(Expense) - Total (1.5) — — — —
Normalized Pre-tax Profit 230.5 236.4 306.5 194.6 100.7
Provision for Income Tax Expense- Unclassified 69.2 56.3 105.2 64.2 34.4
Income before Taxes 230.5 236.4 306.5 194.6 100.7
Income Taxes 69.2 56.3 105.2 64.2 34.4
Net Income after Tax 161.3 180.1 201.3 130.4 66.3
Income before Discontinued Operations & Extraordinary Items 161.3 180.1 201.3 130.4 66.3
Net Income before Minority Interest 161.3 180.1 201.3 130.4 66.3
Net Income after Minority Interest 161.3 180.1 201.3 130.4 66.3
Income Available to Common Shares 161.3 180.1 201.3 130.4 66.3
Earnings Adjustments to Net Income - Other Expense/(Income) — — — — —
DPS - Common - Gross - Issue - By Period End Date Rs 1.40 1.35 1.25 1.25 1.20
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 161.3 180.1 201.3 130.4 66.3
Income available to Common excluding Extraordinary Items 161.3 180.1 201.3 130.4 66.3
Shares used to calculate Basic EPS - Total mn 45.0 45.0 45.0 45.0 45.0
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 3.59 4.00 4.47 2.90 1.47
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 3.59 4.00 4.47 2.90 1.47
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 3.59 4.00 4.47 2.90 1.47
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 161.3 180.1 201.3 130.4 66.3
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 45.0 45.0 45.0 45.0 45.0
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 3.59 4.00 4.47 2.90 1.47
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 3.59 4.00 4.47 2.90 1.47
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 3.59 4.00 4.47 2.90 1.47
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 161.3 180.1 201.3 130.4 66.3
Diluted Income available to Common excluding Extraordinary Items 161.3 180.1 201.3 130.4 66.3
Shares used to calculate Diluted EPS - Total mn 45.0 45.0 45.0 45.0 45.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 3.59 4.00 4.47 2.90 1.47
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 3.59 4.00 4.47 2.90 1.47
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 3.59 4.00 4.47 2.90 1.47
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 161.3 180.1 201.3 130.4 66.3
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 45.0 45.0 45.0 45.0 45.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 3.59 4.00 4.47 2.90 1.47
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 3.59 4.00 4.47 2.90 1.47
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 3.59 4.00 4.47 2.90 1.47
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Announcement Date Rs 1.35 1.25 1.25 1.20 1.00
DPS - Common - Net - Issue - By Announcement Date Rs 1.22 1.13 1.13 1.08 0.90
Earnings before Interest & Taxes (EBIT) 232.1 236.4 306.5 194.3 100.7
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 235.2 237.3 307.7 195.7 102.2
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments — — — — —
Depreciation & Amortization - Supplemental 3.1 0.9 1.2 1.3 1.5
Depreciation Expense - Total - Supplemental 3.1 0.9 1.1 1.2 1.4
Amortization - Total - Supplemental 0.0 0.0 0.0 0.1 0.1
Intangible Amortization - Other - Supplemental 0.0 0.0 0.0 0.1 0.1
Amortization of Computer Software - Supplemental 0.0 0.0 0.0 0.1 0.1
Depreciation, Depletion & Amortization - Total 3.1 0.9 1.2 1.3 1.5
Depreciation - Total 3.1 0.9 1.1 1.2 1.4
Amortization of Intangible Assets excluding Goodwill - Total 0.0 0.0 0.0 0.1 0.1
Islamic Income 319.7 217.3 207.4 162.3 94.1
Normalized after Tax Profit 161.3 180.1 201.3 130.4 66.3
Normalized Net Income from Continuing Operations 161.3 180.1 201.3 130.4 66.3
Normalized Net Income - Bottom Line 161.3 180.1 201.3 130.4 66.3
Earnings before Interest & Taxes (EBIT) - Normalized 230.5 236.4 306.5 194.6 100.7
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 233.6 237.3 307.7 195.9 102.2
Rental/Operating Lease Expense — — — — —
Operating Expenses 131.3 105.4 100.9 85.3 66.3
Selling, General & Administrative Expenses excluding Research & Development Expenses 137.3 114.1 99.2 86.0 52.2
Income before Taxes & Provision for Loan Losses 222.0 231.6 303.6 192.0 100.7
DPS - Common - Gross - Issue - By Payable Date Rs 1.35 1.25 1.25 1.20 1.00
DPS - Common - Gross - Issue - By Ex Date Rs 1.35 1.25 1.25 1.20 1.00
Tax Adjusted Operating Income 161.3 180.1 201.3 130.4 66.3
Operating Expenses excluding Non-Cash Charges - Total 128.2 104.5 99.7 84.0 64.8
Income Available to Common Shares before Depreciation & Amortization 164.4 181.0 202.5 131.7 67.8
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 1.35 1.25 1.25 1.20 1.00

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