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Modarabas

FTSM First Tri-Star Modaraba

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 34.65 -10.00%

Annual · FY2017 – FY2026

First Tri-Star Modaraba (FTSM) financial ratios

First Tri-Star Modaraba earned a net margin of 21.3% in FY2026 against a five-year average of 163.8% (Modarabas median 4.6%). Return on equity was 1.4%, compared with a sector median of 4.1%. The current ratio stood at 0.19× and debt was — of equity.

FY2026 vs the Modarabas median

Net margin
21.3%
Sector median 4.6%
Return on equity (ROE)
1.4%
Sector median 4.1%
Return on assets (ROA)
1.0%
Sector median 1.9%
Dividend payout ratio
0.0%
Sector median 37.6%

Median of the 20 companies in the sector with the figure for their latest fiscal year.

FTSM financial ratios (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 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
Profitability
Pre-tax margin 24.2% (40.5%) 0.2% 836.7% 2.7% 34.3% 8.5% (102.4%) 12.9% 49.2%
Net margin 21.3% (40.0%) 4.7% 831.4% 1.5% 34.3% 8.5% (102.4%) 12.9% 28.9%
Effective tax rate 12.3% — (2,681.7%) 0.6% 46.2% 0.0% 0.0% — 0.0% 41.3%
Returns
Return on equity (ROE) 1.4% (3.4%) 0.3% 99.6% 0.2% 7.2% 1.3% (10.8%) 1.2% —
Return on assets (ROA) 1.0% (2.6%) 0.3% 92.0% 0.2% 6.7% 1.2% (10.1%) 1.1% —
Leverage
Debt to equity — 4.5% 2.1% 0.0% — — — — — —
Debt to capital — 4.3% 2.1% 0.0% — — — — — —
Debt to assets — 3.4% 1.7% 0.0% — — — — — —
Assets to equity 1.32× 1.30× 1.15× 1.08× 1.13× 1.09× 1.08× 1.07× 1.06× —
Dividends
Dividend payout ratio 0.0% — 7,641.2% 0.0% 3,106.6% 0.0% 0.0% — 0.0% 0.0%
Earnings retention rate 1.00× — (75.41×) 1.00× (30.07×) 1.00× 1.00× — 1.00× 1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

FTSM: frequently asked questions

What is FTSM's EPS?

First Tri-Star Modaraba reported basic earnings per share of Rs 0.23 for FY2026 (Jul 2025 – Jun 2026).

What is FTSM's P/E ratio?

At the closing price of Rs 34.65 on 16 Oct 2026, FTSM trades at a P/E of 149.4× based on EPS of Rs 0.23 (FY2026).

Does FTSM pay dividends?

First Tri-Star Modaraba did not declare a cash dividend for FY2026.

What was FTSM's revenue and profit in FY2026?

First Tri-Star Modaraba reported revenue of Rs 23.1 mn and profit attributable to shareholders of Rs 4.9 mn for FY2026 (Jul 2025 – Jun 2026).

What is FTSM's book value per share?

First Tri-Star Modaraba's book value per share was Rs 12.88 at the end of FY2026. The shares trade at 2.69× book value.

Information only, not investment advice.