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FCEL First Capital Equities Limited

Latest results: FY2026 · Jun 2026 Q1 FY2027 · Jul – Sep 2026

Last close · 16 Oct 2026

Rs 4.69 -4.48%

Quarterly · Q2 FY2022 – Q1 FY2027

First Capital Equities Limited (FCEL) quarterly income statement

FCEL income statement (quarterly) (Rs mn)
Rs mn TTM to Sep 2026 Q1 FY2027 Jul – Sep 2026 Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024 Q4 FY2024 Apr – Jun 2024 Q3 FY2024 Jan – Mar 2024 Q2 FY2024 Oct – Dec 2023 Q1 FY2024 Jul – Sep 2023 Q4 FY2023 Apr – Jun 2023 Q3 FY2023 Jan – Mar 2023 Q2 FY2023 Oct – Dec 2022 Q1 FY2023 Jul – Sep 2022 Q4 FY2022 Apr – Jun 2022 Q3 FY2022 Jan – Mar 2022 Q2 FY2022 Oct – Dec 2021
Revenue — — (0.0) 0.0 0.8 — — — — — — — — — — — — — — — —
Operating expenses — — (1.2) (0.3) (0.2) (0.2) (2.2) (0.4) (0.0) (0.1) (0.6) (0.1) 0.1 (0.2) (1.6) (0.2) (0.2) (0.4) (0.1) (0.1) (0.2)
Finance cost — — (18.4) (18.2) (34.9) — (0.0) (0.0) (0.0) — (0.0) (0.0) (0.0) — (0.0) — (0.0) — 0.0 — (0.0)
Profit before tax — — 35.5 (93.3) (3.0) 105.4 128.1 (28.5) 43.6 28.1 11.3 (7.1) 19.2 (4.6) (7.3) (2.5) (6.1) (1.3) (9.8) (5.1) (17.5)
Taxation — — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Profit after tax — — 35.5 (93.3) (3.0) 105.4 128.1 (28.5) 43.6 28.1 11.3 (7.1) 19.2 (4.6) (7.3) (2.5) (6.1) (1.3) (9.8) (5.1) (17.5)
Profit attributable to shareholders — — (54.9) (93.5) (3.2) 105.2 128.2 (28.5) 43.6 27.7 11.3 (7.1) 19.0 (5.4) (7.3) (2.6) (6.1) (2.1) (10.5) (5.1) (17.5)
Per share
EPS – basic (Rs) Rs — — (0.39) (0.66) (0.02) 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13 (0.04) (0.05) (0.02) (0.04) (0.02) (0.07) (0.04) (0.12)
Dividend per share (Rs) Rs — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
FCEL income statement — year-on-year change (Rs mn)
Rs mn Q1 FY2027 Jul – Sep 2026 Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024 Q4 FY2024 Apr – Jun 2024 Q3 FY2024 Jan – Mar 2024 Q2 FY2024 Oct – Dec 2023 Q1 FY2024 Jul – Sep 2023 Q4 FY2023 Apr – Jun 2023 Q3 FY2023 Jan – Mar 2023 Q2 FY2023 Oct – Dec 2022 Q1 FY2023 Jul – Sep 2022 Q4 FY2022 Apr – Jun 2022 Q3 FY2022 Jan – Mar 2022 Q2 FY2022 Oct – Dec 2021
Revenue — — — — — — — — — — — — — — — — — — — —
Operating expenses — -45.0% -17.0% +419.8% +62.0% +287.2% +539.5% — -35.5% -62.8% -65.1% -153.0% -44.9% +982.5% +33.2% +11.7% -50.3% — -89.4% -94.4%
Finance cost — +4,660,985.6% +18,597,369.4% +67,185,184.6% — +39,400.0% -78.2% -74.1% — -100.0% — -33.0% — — — -93.8% — -237.5% — +949.9%
Profit before tax — -72.3% — -106.8% +275.3% +1,030.3% — +127.2% — — — — — — — — — -117.8% -131.1% -992.6%
Taxation — — — — — — — — — — — — — — — — — — — —
Profit after tax — -72.3% — -106.8% +275.3% +1,030.3% — +127.2% — — — — — — — — — -117.8% -131.1% -992.6%
Profit attributable to shareholders — -142.8% — -107.3% +279.7% +1,030.7% — +129.3% — — — — — — — — — -119.2% -131.2% -677.5%
Per share
EPS – basic (Rs) — -142.0% — -107.2% +275.0% +1,078.4% — +136.7% — — — — — — — — — -120.1% -130.2% -700.0%
Dividend per share (Rs) — — — — — — — — — — — — — — — — — — — —

Change against the same quarter a year earlier; shown when the earlier figure is positive.

FCEL income statement — common size (Rs mn)
Rs mn Q1 FY2027 Jul – Sep 2026 Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024 Q4 FY2024 Apr – Jun 2024 Q3 FY2024 Jan – Mar 2024 Q2 FY2024 Oct – Dec 2023 Q1 FY2024 Jul – Sep 2023 Q4 FY2023 Apr – Jun 2023 Q3 FY2023 Jan – Mar 2023 Q2 FY2023 Oct – Dec 2022 Q1 FY2023 Jul – Sep 2022 Q4 FY2022 Apr – Jun 2022 Q3 FY2022 Jan – Mar 2022 Q2 FY2022 Oct – Dec 2021
Revenue — — — 100.0% — — — — — — — — — — — — — — — —
Operating expenses — — — (28.5%) — — — — — — — — — — — — — — — —
Finance cost — — — (4,344.2%) — — — — — — — — — — — — — — — —
Profit before tax — — — (368.3%) — — — — — — — — — — — — — — — —
Taxation — — — 0.0% — — — — — — — — — — — — — — — —
Profit after tax — — — (368.3%) — — — — — — — — — — — — — — — —
Profit attributable to shareholders — — — (396.9%) — — — — — — — — — — — — — — — —

Each line as a percentage of revenue.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 16 Oct 2026.

All reported line items 85
FCEL income statement — all reported line items (Rs mn)
Rs mn Q1 FY2027 Jul – Sep 2026 Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024 Q4 FY2024 Apr – Jun 2024 Q3 FY2024 Jan – Mar 2024 Q2 FY2024 Oct – Dec 2023
Investments & Loans - Business - Gain/(Loss) — (0.0) 0.0 0.8 — — — — — — — —
Investment Securities - Business - Gain/(Loss) — (0.0) 0.0 0.8 — — — — — — — —
Investment Securities - Business Unclassified - Gain/(Loss) — (0.0) 0.0 0.8 — — — — — — — —
Revenue from Business Activities - Total — (0.0) 0.0 0.8 — — — — — — — —
Selling, General & Administrative Expenses - Total — 1.2 0.3 0.2 0.2 2.1 0.4 0.0 0.1 0.6 0.1 (0.1)
Other Operating Expense/(Income) - Net — — — — — 0.2 — — — — — —
Operating Expenses - Total — 1.2 0.3 0.2 0.2 2.2 0.4 0.0 0.1 0.6 0.1 (0.1)
Operating Expenses - before Interest Expenses & Provision for Loan Losses - Total — 1.2 0.3 0.2 0.2 2.2 0.4 0.0 0.1 0.6 0.1 (0.1)
Operating Profit before Non-Recurring Income/(Expense) — (1.3) (0.3) 0.6 (0.2) (2.2) (0.4) (0.0) (0.1) (0.6) (0.1) 0.1
Financing Income/(Expense) - Net - Total — (18.4) (16.3) (34.9) 0.0 1.2 (0.0) (0.0) 0.0 0.2 (0.0) (0.0)
Interest Expense - Net of (Interest Income) — 18.4 18.2 34.9 — 0.0 0.0 0.0 — 0.0 0.0 0.0
Other Operating Expense — — — — — 0.2 — — — — — —
Interest Expense - Net of Capitalized Interest — 18.4 18.2 34.9 — 0.0 0.0 0.0 — 0.0 0.0 0.0
Non-Interest Financial Income/(Expense) - Total — 0.0 1.9 — — 1.2 — — 0.0 0.2 — —
Other Non-Operating Income/(Expense) - Total — 0.0 (0.3) 0.0 — 110.5 0.0 — — 2.3 — 0.0
Normalized Pre-tax Profit — (19.7) (16.9) (34.4) (0.2) 109.5 (0.4) (0.0) (0.1) 1.9 (0.1) 0.1
Non-Recurring Income/Expense - Total — 55.2 (76.4) 31.4 105.6 18.6 (28.1) 43.7 28.2 9.4 (7.1) 19.1
Dividend & Investment Income — 0.0 1.9 — — 1.2 — — 0.0 0.2 — —
Fair Value Adjustments - Investment Property — 2.6 — — — — — — — — — —
Fair Value Adjustments - Financial Investments — 52.6 (76.4) 31.4 105.6 18.6 (28.1) 43.7 28.2 9.4 (7.1) 19.1
Provision for Income Tax Expense- Unclassified — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Income before Taxes — 35.5 (93.3) (3.0) 105.4 128.1 (28.5) 43.6 28.1 11.3 (7.1) 19.2
Income Taxes — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net Income after Tax — 35.5 (93.3) (3.0) 105.4 128.1 (28.5) 43.6 28.1 11.3 (7.1) 19.2
Income before Discontinued Operations & Extraordinary Items — 35.5 (93.3) (3.0) 105.4 128.1 (28.5) 43.6 28.1 11.3 (7.1) 19.2
Net Income before Minority Interest — (54.9) (93.5) (3.2) 105.2 128.2 (28.5) 43.6 27.7 11.3 (7.1) 19.0
Net Income after Minority Interest — (54.9) (93.5) (3.2) 105.2 128.2 (28.5) 43.6 27.7 11.3 (7.1) 19.0
Income Available to Common Shares — (54.9) (93.5) (3.2) 105.2 128.2 (28.5) 43.6 27.7 11.3 (7.1) 19.0
Extraordinary Activities - after Tax - Gain/(Loss) — (90.4) (0.2) (0.2) (0.2) 0.1 (0.1) (0.1) (0.4) 0.0 (0.0) (0.2)
Discontinued Operations - Net of Taxes - Total - Income/(Expense) — (90.4) (0.2) (0.2) (0.2) 0.1 (0.1) (0.1) (0.4) 0.0 (0.0) (0.2)
Discontinued Operations - Net - Income/(Expense) — (90.4) (0.2) (0.2) (0.2) 0.1 (0.1) (0.1) (0.4) 0.0 (0.0) (0.2)
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 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total — (54.9) (93.5) (3.2) 105.2 128.2 (28.5) 43.6 27.7 11.3 (7.1) 19.0
Income available to Common excluding Extraordinary Items — 35.5 (93.3) (3.0) 105.4 128.1 (28.5) 43.6 28.1 11.3 (7.1) 19.2
Shares used to calculate Basic EPS - Total mn — 140.7 141.4 144.3 140.2 138.1 141.6 141.6 138.5 143.9 142.5 146.1
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs — (0.39) (0.66) (0.02) 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs — 0.25 (0.66) (0.02) 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs — (0.14) (0.12) (0.24) (0.00) 0.79 (0.00) (0.00) (0.00) 0.01 (0.00) 0.00
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific — (54.9) (93.5) 32.2 105.2 128.2 (28.5) 43.6 27.7 11.3 (7.1) 19.0
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× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn — 140.7 141.4 144.3 140.2 138.1 141.6 141.6 138.5 143.9 142.5 146.1
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs — (0.39) (0.66) 0.22 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs — 0.25 (0.66) (0.02) 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs — (0.14) (0.12) (0.24) (0.00) 0.79 (0.00) (0.00) (0.00) 0.01 (0.00) 0.00
EPS - Basic from Discontinued Operations & Extraordinary Items Rs — (0.64) (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 — (54.9) (93.5) (3.2) 105.2 128.2 (28.5) 43.6 27.7 11.3 (7.1) 19.0
Diluted Income available to Common excluding Extraordinary Items — 35.5 (93.3) (3.0) 105.4 128.1 (28.5) 43.6 28.1 11.3 (7.1) 19.2
Shares used to calculate Diluted EPS - Total mn — 140.7 141.4 144.3 140.2 138.1 141.6 141.6 138.5 143.9 142.5 146.1
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs — (0.39) (0.66) (0.02) 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs — 0.25 (0.66) (0.02) 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs — (0.14) (0.12) (0.24) (0.00) 0.79 (0.00) (0.00) (0.00) 0.01 (0.00) 0.00
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific — (54.9) (93.5) 32.2 105.2 128.2 (28.5) 43.6 27.7 11.3 (7.1) 19.0
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× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn — 140.7 141.4 144.3 140.2 138.1 141.6 141.6 138.5 143.9 142.5 146.1
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs — (0.39) (0.66) 0.22 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs — 0.25 (0.66) (0.02) 0.75 0.93 (0.20) 0.31 0.20 0.08 (0.05) 0.13
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs — (0.14) (0.12) (0.24) (0.00) 0.79 (0.00) (0.00) (0.00) 0.01 (0.00) 0.00
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs — (0.64) (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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) — (1.3) (0.3) 0.6 (0.2) (2.2) (0.4) (0.0) (0.1) (0.6) (0.1) 0.1
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) — (1.3) (0.3) 0.6 (0.2) (2.2) (0.3) (0.0) (0.1) (0.6) (0.0) 0.1
Depreciation & Amortization - Supplemental — — — — — — 0.0 0.0 0.0 — 0.0 0.0
Depreciation Expense - Total - Supplemental — — — — — — 0.0 0.0 0.0 — 0.0 0.0
Depreciation, Depletion & Amortization - Total — — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Depreciation - Total — — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Normalized after Tax Profit — (19.7) (16.9) (34.4) (0.2) 109.5 (0.4) (0.0) (0.1) 1.9 (0.1) 0.1
Normalized Net Income from Continuing Operations — (19.7) (16.9) (34.4) (0.2) 109.5 (0.4) (0.0) (0.1) 1.9 (0.1) 0.1
Normalized Net Income - Bottom Line — (19.7) (16.9) (34.4) (0.2) 109.5 (0.4) (0.0) (0.1) 1.9 (0.1) 0.1
Earnings before Interest & Taxes (EBIT) - Normalized — (1.2) 1.3 0.6 (0.2) 109.5 (0.4) (0.0) (0.1) 1.9 (0.1) 0.1
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized — — 1.4 0.6 (0.2) 109.6 (0.3) (0.0) (0.1) 2.0 (0.0) 0.1
Interest Expense — 18.4 18.2 34.9 — 0.0 0.0 0.0 — 0.0 0.0 0.0
Operating Expenses — 1.2 0.3 0.2 — — — — — — — —
Selling, General & Administrative Expenses excluding Research & Development Expenses — 1.2 0.3 0.2 0.2 2.1 0.4 0.0 0.1 0.6 0.1 (0.1)
Income before Taxes & Provision for Loan Losses — 35.5 (93.3) (3.0) 105.4 128.1 (28.5) 43.6 28.1 11.3 (7.1) 19.2
DPS - Common - Gross - Issue - By Payable Date Rs — 0.00 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 Ex Date Rs — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tax Adjusted Operating Income — (36.4) — — 105.2 128.2 — 43.6 27.7 11.3 — 19.0
Operating Expenses excluding Non-Cash Charges - Total — — 0.3 0.2 0.2 2.2 0.3 0.0 0.1 0.6 0.0 (0.1)
Revenue Net of Interest Expense Before Loan Loss Provision — (0.0) 0.0 0.8 — — — — — — — —
Income from Earning Assets — (0.0) 0.0 0.8 — — — — — — — —
Income Available to Common Shares before Depreciation & Amortization — — (93.5) (3.2) 105.2 128.2 (28.5) 43.6 27.7 11.4 (7.1) 19.0
Fixed Charges — 18.4 18.2 34.9 — 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× 0.29× 0.29× 0.29× 0.29× 0.29×
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 0.00 0.00 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.