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Modarabas

FIBLM First IBL Modaraba

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

Last close · 16 Oct 2026

Rs 15.14 -0.39%

Financials

First IBL Modaraba (FIBLM) financials

9 years of annual results (FY2017 – FY2025), 27 quarters.

First IBL Modaraba (FIBLM) reported revenue of Rs 45.8 mn for FY2025 (Jul 2024 – Jun 2025), up 3.1% from FY2024.

Profit attributable to shareholders was Rs 26.8 mn (EPS Rs 1.24), up 144.4%.

No cash dividend was declared for FY2025.

Return on equity was 11.6%.

Over the last five years revenue grew at a compound 18.3% a year.

At Rs 15.14 (close on 16 Oct 2026) the shares trade at 16.1× earnings (TTM to Mar 2026) and 1.31× book value.

Fundamentals

FIBLM at a glance

Revenue · FY2025

Rs 45.8 mn

▲ 3.1% year on year

Profit attributable to shareholders · FY2025

Rs 26.8 mn

▲ 144.4% year on year

EPS – basic (Rs) · FY2025

Rs 1.24

▲ 144.4% year on year

Dividend per share (Rs) · FY2025

Rs 0.00

Total assets · FY2025

Rs 273.8 mn

▲ 10.5% year on year

Return on equity (ROE) · FY2025

11.6%

+6.4 pts year on year

Financial statements

Income statement

Revenue, costs, profit and earnings per share.

Revenue · FY2025
Rs 45.8 mn
Profit attributable · FY2025
Rs 26.8 mn

Balance sheet

Assets, liabilities, debt and shareholders' equity.

Total assets · FY2025
Rs 273.8 mn
Equity · FY2025
Rs 244.2 mn

Cash flow

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

Operating cash flow · FY2025
Rs 36.9 mn
Net change in cash · FY2025
Rs 75.8 mn

Financial highlights

FIBLM financial results

FIBLM 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
Revenue 45.8 44.5 31.8 21.1 16.8 19.8 29.1 28.1 39.8
Profit before tax 19.3 21.4 13.5 (1.0) 2.9 4.0 4.7 0.0 10.1
Profit attributable to shareholders 26.8 11.0 10.0 (2.0) 2.9 4.0 4.7 0.0 10.0
EPS – basic (Rs) Rs 1.24 0.51 0.46 (0.09) 0.13 0.18 0.22 0.00 0.50
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.16 0.36
Total assets 273.8 247.9 229.0 208.3 212.1 229.1 229.7 224.2 228.4
Borrowings — — — — — — — 0.0 15.0
Total equity 244.2 216.7 205.3 190.0 193.8 192.3 191.0 189.3 182.9
FIBLM 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 47.7 12.3 9.9 13.1 12.5 13.2 11.0 10.7 11.2
Profit before tax 17.8 7.9 1.3 7.8 0.9 8.1 3.3 5.5 5.1
Profit attributable to shareholders 20.3 4.7 (0.0) 7.4 8.1 10.9 2.6 5.3 (2.1)
EPS – basic (Rs) Rs 0.94 0.22 (0.00) 0.34 0.38 0.50 0.12 0.24 (0.10)
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 282.2 282.2 275.3 283.2 273.8 257.1 249.4 248.0 247.9
Total equity 249.9 249.9 247.1 251.6 244.2 229.8 218.5 215.9 216.7

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. * Some FY2025 figures do not fully reconcile in the source data. Updated 16 Oct 2026.

FIBLM charts

Revenue and profit Revenue Profit attributable
Revenue and profit Rs 46 mn -Rs 2 mn Revenue FY17: Rs 39.8 mn Profit attributable FY17: Rs 10.0 mn FY17 Revenue FY18: Rs 28.1 mn Profit attributable FY18: Rs 43,043 FY18 Revenue FY19: Rs 29.1 mn Profit attributable FY19: Rs 4.7 mn FY19 Revenue FY20: Rs 19.8 mn Profit attributable FY20: Rs 4.0 mn FY20 Revenue FY21: Rs 16.8 mn Profit attributable FY21: Rs 2.9 mn FY21 Revenue FY22: Rs 21.1 mn Profit attributable FY22: -Rs 2.0 mn FY22 Revenue FY23: Rs 31.8 mn Profit attributable FY23: Rs 10.0 mn FY23 Revenue FY24: Rs 44.5 mn Profit attributable FY24: Rs 11.0 mn FY24 Revenue FY25: Rs 45.8 mn Profit attributable FY25: Rs 26.8 mn FY25