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Modarabas

FFLM First Fidelity Leasing Modaraba

Latest results: FY2025 · Jun 2025 Q3 FY2026 · Jan – Mar 2026

Last close · 16 Oct 2026

Rs 12.81 -1.61%

Financials

First Fidelity Leasing Modaraba (FFLM) financials

11 years of annual results (FY2008 – FY2025), 33 quarters.

First Fidelity Leasing Modaraba (FFLM) reported revenue of Rs 13.2 mn for FY2025 (Jul 2024 – Jun 2025), up 51.3% from FY2024.

It made a loss of Rs 1.6 mn attributable to shareholders (EPS Rs -0.06).

No cash dividend was declared for FY2025.

Return on equity was -0.5%.

Over the last five years revenue grew at a compound -7.7% a year.

At Rs 12.81 (close on 16 Oct 2026) the shares trade at 1.09× book value.

Fundamentals

FFLM at a glance

Revenue · FY2025

Rs 13.2 mn

▲ 51.3% year on year

Profit attributable to shareholders · FY2025

-Rs 1.6 mn

EPS – basic (Rs) · FY2025

Rs -0.06

Dividend per share (Rs) · FY2025

Rs 0.00

Total assets · FY2025

Rs 335.4 mn

▲ 0.9% year on year

Return on equity (ROE) · FY2025

-0.5%

+6.7 pts year on year

Financial statements

Income statement

Revenue, costs, profit and earnings per share.

Revenue · FY2025
Rs 13.2 mn
Profit attributable · FY2025
-Rs 1.6 mn

Balance sheet

Assets, liabilities, debt and shareholders' equity.

Total assets · FY2025
Rs 335.4 mn
Equity · FY2025
Rs 297.6 mn

Cash flow

Cash from operations, investment, financing and free cash flow.

Operating cash flow · FY2025
-Rs 2.0 mn
Net change in cash · FY2025
-Rs 2.0 mn

Financial highlights

FFLM financial results

FFLM annual financial highlights (Rs mn)
Rs mn 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 FY2009 Jul 2008 – Jun 2009
Revenue 13.2 8.7 17.2 20.8 21.7 19.8 23.3 6.9 3.5 71.4
Profit before tax (1.5) (22.6) (2.2) (6.0) (2.9) (4.7) 1.4 33.4 (8.1) —
Profit attributable to shareholders (1.6) (22.7) (2.4) (6.2) (2.9) (4.7) 1.2 33.4 (8.1) —
EPS – basic (Rs) Rs (0.06) (0.86) (0.09) (0.24) (0.11) (0.18) 0.04 1.26 (0.31) —
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.65 0.00 0.00
Total assets 335.4 332.6 357.5 365.4 374.4 378.0 382.3 399.0 349.4 —
Total equity 297.6 302.1 324.8 327.2 333.4 336.4 341.0 357.0 323.7 —
FFLM quarterly financial highlights (Rs mn)
Rs mn TTM to Mar 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
Revenue 13.9 5.8 3.3 3.2 1.6 2.2 5.1 4.3 (1.2)
Profit before tax (8.6) 1.6 (1.6) (1.8) (6.8) (1.1) 5.0 1.5 (18.6)
Profit attributable to shareholders (8.8) 1.6 (1.6) (1.8) (7.0) (1.1) 5.0 1.5 (18.7)
EPS – basic (Rs) Rs (0.34) 0.06 (0.06) (0.07) (0.28) (0.04) 0.19 0.06 (0.71)
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total assets 341.0 341.0 336.3 327.2 335.4 339.4 339.3 334.3 332.6
Total equity 310.8 310.8 309.2 295.8 297.6 307.4 308.5 303.6 302.1

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.

FFLM charts

Revenue and profit Revenue Profit attributable
Revenue and profit Rs 71 mn -Rs 23 mn Revenue FY09: Rs 71.4 mn FY09 Revenue FY17: Rs 3.5 mn Profit attributable FY17: -Rs 8.1 mn FY17 Revenue FY18: Rs 6.9 mn Profit attributable FY18: Rs 33.4 mn FY18 Revenue FY19: Rs 23.3 mn Profit attributable FY19: Rs 1.2 mn FY19 Revenue FY20: Rs 19.8 mn Profit attributable FY20: -Rs 4.7 mn FY20 Revenue FY21: Rs 21.7 mn Profit attributable FY21: -Rs 2.9 mn FY21 Revenue FY22: Rs 20.8 mn Profit attributable FY22: -Rs 6.2 mn FY22 Revenue FY23: Rs 17.2 mn Profit attributable FY23: -Rs 2.4 mn FY23 Revenue FY24: Rs 8.7 mn Profit attributable FY24: -Rs 22.7 mn FY24 Revenue FY25: Rs 13.2 mn Profit attributable FY25: -Rs 1.6 mn FY25