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Modarabas

PIM Popular Islamic Modaraba

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 79.87 +9.50%

Quarterly · Q1 FY2022 – Q4 FY2026

Popular Islamic Modaraba (PIM) quarterly income statement

Popular Islamic Modaraba reported revenue of Rs 6.5 mn for Q4 FY2026 (Apr – Jun 2026), down 26.4% on Q4 FY2025. Tax of -Rs 1.8 mn took -58.3% of pre-tax profit. Profit attributable to shareholders was Rs 4.8 mn, down 44.6% on Q4 FY2025, or Rs 0.24 per share.

PIM income statement (quarterly) (Rs mn)
Rs mn TTM to Jun 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 Q1 FY2022 Jul – Sep 2021
Revenue 28.8 6.5 6.0 8.3 8.1 8.8 8.4 15.3 9.2 19.3 9.3 9.7 7.3 8.1 5.7 8.2 5.7 7.7 5.8 4.6 5.5
Operating expenses (10.9) (3.5) (2.4) (2.5) (2.5) (4.4) (2.8) (4.4) (1.6) (5.9) (3.9) (3.4) (4.3) (4.6) (4.3) (4.5) (3.9) (4.8) (3.7) (3.2) (3.9)
Profit before tax 17.9 3.0 3.5 5.8 5.6 4.4 5.6 10.9 7.6 13.5 5.4 6.3 3.0 3.5 1.4 3.7 1.7 2.9 2.0 1.4 1.6
Taxation (2.9) 1.8 (1.0) (2.0) (1.6) 4.3 (1.6) (3.2) (2.2) 0.7 (1.6) (1.8) (0.9) (1.2) (0.2) (0.6) (0.3) (1.4) 0.0 0.0 0.0
Profit after tax 15.0 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2 2.2 1.2 3.1 1.5 1.5 2.0 1.4 1.6
Profit attributable to shareholders 15.0 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2 2.2 1.2 3.1 1.5 1.5 2.0 1.4 1.6
Per share
EPS – basic (Rs) Rs 0.76 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15 0.16 0.09 0.22 0.10 0.12 0.14 0.11 0.14
Dividend per share (Rs) Rs 0.70 0.70 0.00 0.00 0.00 1.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.46 0.00 0.00 0.00 0.37 0.00 0.00 0.00
PIM income statement — year-on-year change (Rs mn)
Rs mn 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 Q1 FY2022 Jul – Sep 2021
Revenue -26.4% -29.2% -46.1% -12.1% -54.4% -9.6% +57.5% +25.4% +139.2% +62.3% +18.3% +28.9% +5.2% -0.5% +77.9% +2.9% -27.1% -30.0% -56.9% -47.4%
Operating expenses -21.7% -15.1% -43.9% +54.6% -24.5% -27.1% +30.3% -62.5% +27.1% -8.8% -24.8% +9.0% -3.9% +14.5% +41.0% +0.4% -39.5% -51.0% -57.2% -58.1%
Profit before tax -31.1% -36.5% -47.0% -26.2% -67.4% +3.1% +72.1% +149.2% +288.4% +272.4% +71.0% +73.6% +20.4% -28.2% +161.6% +9.2% +11.1% +237.3% -56.3% +38.7%
Taxation — -36.5% -36.6% -26.2% — +3.1% +72.1% +149.2% -159.8% +535.3% +191.6% +196.1% -10.5% — — — — — — —
Profit after tax -44.6% -36.5% -51.3% -26.2% -39.1% +3.1% +72.1% +149.2% +533.2% +218.6% +46.2% +48.5% +48.2% -40.4% +117.1% -9.4% -41.6% +237.3% -56.3% +38.7%
Profit attributable to shareholders -44.6% -36.5% -51.3% -26.2% -39.1% +3.1% +72.1% +149.2% +533.2% +218.6% +46.2% +48.5% +48.2% -40.4% +117.1% -9.4% -41.6% +237.3% -56.3% +38.7%
Per share
EPS – basic (Rs) -36.0% -43.5% -51.3% -47.9% -62.5% -14.8% +21.4% +155.7% +533.9% +200.0% +46.2% +50.0% +33.7% -35.7% +96.4% -28.6% -54.0% +134.0% -65.5% +21.1%
Dividend per share (Rs) -30.0% — — — 0.0% — — — +119.4% — — — +21.7% — — — — — — —

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

PIM income statement — common size (Rs mn)
Rs mn 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 Q1 FY2022 Jul – Sep 2021
Revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Operating expenses (53.4%) (40.6%) (30.1%) (30.7%) (50.2%) (33.8%) (29.0%) (17.5%) (30.3%) (42.0%) (35.0%) (58.4%) (57.1%) (74.7%) (55.0%) (69.1%) (62.5%) (64.9%) (69.4%) (70.9%)
Profit before tax 46.6% 59.4% 69.9% 69.3% 49.8% 66.2% 71.0% 82.5% 69.7% 58.0% 65.0% 41.6% 42.9% 25.3% 45.0% 30.9% 37.5% 35.1% 30.6% 29.1%
Taxation 27.2% (17.2%) (24.3%) (20.1%) 48.3% (19.2%) (20.6%) (23.9%) 3.8% (16.8%) (18.9%) (12.1%) (15.2%) (4.3%) (7.6%) (5.2%) (17.8%) 0.0% 0.0% 0.0%
Profit after tax 73.8% 42.2% 45.6% 49.2% 98.1% 47.0% 50.4% 58.6% 73.5% 41.2% 46.2% 29.5% 27.8% 21.0% 37.3% 25.6% 19.7% 35.1% 30.6% 29.1%
Profit attributable to shareholders 73.8% 42.2% 45.6% 49.2% 98.1% 47.0% 50.4% 58.6% 73.5% 41.2% 46.2% 29.5% 27.8% 21.0% 37.3% 25.6% 19.7% 35.1% 30.6% 29.1%

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 73
PIM income statement — all reported line items (Rs mn)
Rs mn 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
Revenue from Business-Related Activities - Other - Total 6.5 6.0 8.3 8.1 8.8 8.4 15.3 9.2 19.3 9.3 9.7 7.3
Revenue from Business Activities - Total 6.5 6.0 8.3 8.1 8.8 8.4 15.3 9.2 19.3 9.3 9.7 7.3
Selling, General & Administrative Expenses - Total 3.3 2.9 2.6 2.6 4.9 3.1 3.9 3.9 6.4 4.2 4.0 4.7
Selling, General & Administrative Expenses - Unclassified 2.1 2.1 1.7 1.5 2.9 2.1 2.0 1.9 3.9 2.5 2.0 1.8
Depreciation in Selling, General & Administrative Expenses 0.5 0.5 0.5 0.8 1.1 0.7 1.3 1.5 1.1 1.4 1.7 2.7
Other Operating Expense/(Income) - Net 0.2 (0.5) (0.1) (0.1) (0.4) (0.3) 0.5 (2.3) (0.5) (0.3) (0.6) (0.4)
Other Operating Income - Total 0.3 0.5 0.1 0.1 0.4 0.3 — 2.3 0.5 0.3 0.6 0.4
Operating Expenses - Total 3.5 2.4 2.5 2.5 4.4 2.8 4.4 1.6 5.9 3.9 3.4 4.3
Operating Expenses - before Interest Expenses & Provision for Loan Losses - Total 3.5 2.4 2.5 2.5 4.4 2.8 4.4 1.6 5.9 3.9 3.4 4.3
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 0.6 0.2 0.4 0.3 0.9 0.3 0.7 0.5 1.4 0.3 0.4 0.2
Operating Profit before Non-Recurring Income/(Expense) 3.0 3.5 5.8 5.6 4.4 5.6 10.9 7.6 13.5 5.4 6.3 3.0
Other Operating Expense 0.5 — — — — — — — — — — —
Other Non-Operating Income/(Expense) - Total — — — — (0.0) — 0.0 (0.0) 0.0 — — —
Normalized Pre-tax Profit 3.0 3.5 5.8 5.6 4.4 5.6 10.9 7.6 13.5 5.4 6.3 3.0
Provision for Income Tax Expense- Unclassified (1.8) 1.0 2.0 1.6 (4.3) 1.6 3.2 2.2 (0.7) 1.6 1.8 0.9
Income before Taxes 3.0 3.5 5.8 5.6 4.4 5.6 10.9 7.6 13.5 5.4 6.3 3.0
Income Taxes (1.8) 1.0 2.0 1.6 (4.3) 1.6 3.2 2.2 (0.7) 1.6 1.8 0.9
Net Income after Tax 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Income before Discontinued Operations & Extraordinary Items 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Net Income before Minority Interest 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Net Income after Minority Interest 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Income Available to Common Shares 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
DPS - Common - Gross - Issue - By Period End Date Rs 0.70 0.00 0.00 0.00 1.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Income available to Common excluding Extraordinary Items 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Shares used to calculate Basic EPS - Total mn 19.7 19.3 19.8 19.8 22.8 17.2 19.8 14.0 14.1 14.2 14.0 14.4
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
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× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 19.7 19.3 19.8 19.8 22.8 17.2 19.8 14.0 14.1 14.2 14.0 14.4
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Basic from Discontinued Operations & Extraordinary Items 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
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Diluted Income available to Common excluding Extraordinary Items 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Shares used to calculate Diluted EPS - Total mn 19.7 19.3 19.8 19.8 22.8 17.2 19.8 14.0 14.1 14.2 14.0 14.4
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
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× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 19.7 19.3 19.8 19.8 22.8 17.2 19.8 14.0 14.1 14.2 14.0 14.4
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 0.24 0.13 0.19 0.20 0.38 0.23 0.39 0.38 1.01 0.27 0.32 0.15
EPS - Diluted from Discontinued Operations & Extraordinary Items 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
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 1.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.46
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.90 0.00 0.00 0.00 0.90 0.00 0.00 0.00 0.41
Earnings before Interest & Taxes (EBIT) 3.0 3.5 5.8 5.6 4.4 5.6 10.9 7.6 13.5 5.4 6.3 3.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 3.8 4.1 6.3 6.4 5.5 6.2 12.2 9.0 14.6 7.6 8.0 5.7
Depreciation & Amortization - Supplemental 0.5 0.5 0.5 0.8 1.1 0.7 1.3 1.5 1.1 1.4 1.7 2.7
Depreciation Expense - Total - Supplemental 0.5 0.5 0.5 0.8 1.1 0.7 1.3 1.5 1.1 1.4 1.7 2.7
Depreciation, Depletion & Amortization - Total 0.7 0.5 0.5 0.8 1.1 0.7 1.3 1.5 1.1 2.2 1.7 2.7
Depreciation - Total 0.7 0.5 0.5 0.8 1.1 0.7 1.3 1.5 1.1 2.2 1.7 2.7
Normalized after Tax Profit 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Normalized Net Income from Continuing Operations 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Normalized Net Income - Bottom Line 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Earnings before Interest & Taxes (EBIT) - Normalized 3.0 3.5 5.8 5.6 4.4 5.6 10.9 7.6 13.5 5.4 6.3 3.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 3.8 4.1 6.3 6.4 5.5 6.2 12.2 9.0 14.6 7.6 8.0 5.7
Operating Expenses 3.5 2.4 2.5 2.5 4.4 2.8 4.4 1.6 5.9 3.9 3.4 4.3
Selling, General & Administrative Expenses excluding Research & Development Expenses 3.3 2.9 2.6 2.6 4.9 3.1 3.9 3.9 6.4 4.2 4.0 4.7
Income before Taxes & Provision for Loan Losses 3.0 3.5 5.8 5.6 4.4 5.6 10.9 7.6 13.5 5.4 6.3 3.0
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 1.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.46 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 1.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.00 0.46
Tax Adjusted Operating Income 4.8 2.5 3.8 4.0 8.7 4.0 7.7 5.4 14.2 3.8 4.5 2.2
Operating Expenses excluding Non-Cash Charges - Total 2.7 1.9 2.0 1.7 3.4 2.2 3.1 0.1 4.8 1.7 1.7 1.6
Revenue Net of Interest Expense Before Loan Loss Provision 6.5 6.0 8.3 8.1 8.8 8.4 15.3 9.2 19.3 9.3 9.7 7.3
Income Available to Common Shares before Depreciation & Amortization 5.5 3.0 4.3 4.7 9.7 4.6 9.1 6.9 15.3 6.0 6.2 4.9
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× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 1.00 0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.46

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.