Last close · 16 Oct 2026
Rs 50.46 +9.41%
Annual · FY2016 – FY2026
Sindh Modaraba (SINDM) income statement
Sindh Modaraba reported revenue of Rs 363.4 mn for FY2026 (Jul 2025 – Jun 2026), up 6.3% on FY2025. Tax of Rs 69.2 mn took 30.0% of pre-tax profit. Profit attributable to shareholders was Rs 161.3 mn, down 10.4% on FY2025, or Rs 3.59 per share.
| 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 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 363.4 | 341.8 | 407.3 | 279.7 | 167.0 | 138.2 | 188.1 | 125.0 | 153.8 | 132.6 | 85.5 |
| Operating expenses | (131.3) | (105.4) | (100.9) | (85.3) | (66.3) | (62.4) | (80.2) | (43.9) | (101.5) | (106.3) | (64.8) |
| Profit before tax | 230.5 | 236.4 | 306.5 | 194.6 | 100.7 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 | 20.7 |
| Taxation | (69.2) | (56.3) | (105.2) | (64.2) | (34.4) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit after tax | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 | 20.7 |
| Profit attributable to shareholders | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 | 20.7 |
| Per share | |||||||||||
| EPS – basic (Rs) Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 | 0.46 |
| Dividend per share (Rs) Rs | 1.40 | 1.35 | 1.25 | 1.25 | 1.20 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | +6.3% | -16.1% | +45.7% | +67.4% | +20.8% | -26.5% | +50.4% | -18.7% | +16.0% | +55.1% | — |
| Operating expenses | +24.5% | +4.5% | +18.2% | +28.6% | +6.3% | -22.2% | +82.8% | -56.8% | -4.6% | +64.2% | — |
| Profit before tax | -2.5% | -22.9% | +57.5% | +93.2% | +32.8% | -29.7% | +32.9% | +55.0% | +99.2% | +26.7% | — |
| Taxation | +23.0% | -46.5% | +63.9% | +86.6% | — | — | — | — | — | — | — |
| Profit after tax | -10.4% | -10.5% | +54.4% | +96.7% | -12.5% | -29.7% | +32.9% | +55.0% | +99.2% | +26.7% | — |
| Profit attributable to shareholders | -10.4% | -10.5% | +54.4% | +96.7% | -12.5% | -29.7% | +32.9% | +55.0% | +99.2% | +26.7% | — |
| Per share | |||||||||||
| EPS – basic (Rs) | -10.4% | -10.5% | +54.4% | +96.7% | -12.5% | -29.7% | +32.9% | +55.0% | +99.2% | +26.7% | — |
| Dividend per share (Rs) | +3.7% | +8.0% | 0.0% | +4.2% | +20.0% | — | — | — | — | — | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
| 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 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating expenses | (36.1%) | (30.8%) | (24.8%) | (30.5%) | (39.7%) | (45.2%) | (42.6%) | (35.1%) | (66.0%) | (80.2%) | (75.7%) |
| Profit before tax | 63.4% | 69.2% | 75.2% | 69.6% | 60.3% | 54.8% | 57.4% | 64.9% | 34.0% | 19.8% | 24.3% |
| Taxation | (19.0%) | (16.5%) | (25.8%) | (22.9%) | (20.6%) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Profit after tax | 44.4% | 52.7% | 49.4% | 46.6% | 39.7% | 54.8% | 57.4% | 64.9% | 34.0% | 19.8% | 24.3% |
| Profit attributable to shareholders | 44.4% | 52.7% | 49.4% | 46.6% | 39.7% | 54.8% | 57.4% | 64.9% | 34.0% | 19.8% | 24.3% |
Each line as a percentage of revenue.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 15 Oct 2026.
All reported line items 88
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Investment Income - Gross - Investment | 43.7 | 124.5 | 199.9 | 117.4 | 73.0 | 58.6 | 85.4 | 28.0 | 22.6 | 19.6 |
| Interest Income - Investment | 43.7 | 124.5 | 199.9 | 117.4 | 73.0 | 58.6 | 85.4 | 28.0 | 22.6 | 19.6 |
| Trusts & Fiduciary Income/Commission & Fees | — | — | — | — | 0.0 | 0.6 | 0.8 | 4.7 | 75.7 | 89.6 |
| Fees & Commissions Income | — | — | — | — | 0.0 | 0.6 | 0.8 | 4.7 | 75.7 | 89.6 |
| Revenue from Business-Related Activities - Other - Total | 319.7 | 217.3 | 207.4 | 162.3 | 94.1 | 79.0 | 101.9 | 92.4 | 55.5 | 23.3 |
| Revenue from Business Activities - Total | 363.4 | 341.8 | 407.3 | 279.7 | 167.0 | 138.2 | 188.1 | 125.0 | 153.8 | 132.6 |
| Selling, General & Administrative Expenses - Total | 137.3 | 114.1 | 99.2 | 86.0 | 52.2 | 48.2 | 53.8 | 43.1 | 101.0 | 105.2 |
| Selling, General & Administrative Expenses - Unclassified | 108.0 | 86.5 | 63.4 | 62.8 | 39.4 | 44.0 | 36.9 | 29.8 | 25.8 | 22.7 |
| Depreciation in Selling, General & Administrative Expenses | 3.1 | 0.9 | 1.1 | 1.2 | 1.4 | 1.3 | 1.1 | 1.0 | 66.3 | 78.4 |
| Amortization of Intangibles in Selling, General & Administrative Expenses | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.3 | 0.5 | 0.4 | 0.3 |
| Other Operating Expense/(Income) - Net | 2.5 | (4.0) | 4.5 | 1.8 | 14.1 | 0.7 | 26.4 | 0.8 | 0.5 | 1.1 |
| Other Operating Income - Total | 1.5 | 8.0 | 0.7 | 1.0 | 0.6 | 0.3 | 3.4 | 0.6 | 1.0 | 0.5 |
| Operating Expenses - Total | 131.3 | 105.4 | 100.9 | 85.3 | 66.3 | 62.4 | 80.2 | 43.9 | 101.5 | 106.3 |
| Provision & Impairment for Loan Losses | (8.5) | (4.8) | (2.9) | (2.5) | — | 13.5 | — | — | — | — |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | 26.2 | 26.7 | 34.6 | 21.9 | 11.4 | 1.8 | 14.6 | 11.0 | 7.1 | 3.6 |
| Selling, General & Administrative Expenses - Other - Total | — | — | — | — | — | 0.8 | 0.8 | 0.8 | 1.5 | 0.2 |
| Rental Expense | — | — | — | — | — | 0.8 | 0.8 | 0.8 | 1.5 | 0.2 |
| Operating Profit before Non-Recurring Income/(Expense) | 232.1 | 236.4 | 306.5 | 194.3 | 100.7 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Operating Provisions - Increase/(Decrease) | 3.9 | 4.0 | 5.2 | 2.9 | 14.7 | 1.0 | 29.8 | 1.3 | 1.5 | 1.6 |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | — | — | — | 0.2 | — | — | — | — | — | — |
| Other Non-Operating Income/(Expense) - Total | (1.5) | — | — | — | — | — | — | — | — | — |
| Normalized Pre-tax Profit | 230.5 | 236.4 | 306.5 | 194.6 | 100.7 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Provision for Income Tax Expense- Unclassified | 69.2 | 56.3 | 105.2 | 64.2 | 34.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Income before Taxes | 230.5 | 236.4 | 306.5 | 194.6 | 100.7 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Income Taxes | 69.2 | 56.3 | 105.2 | 64.2 | 34.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income after Tax | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Income before Discontinued Operations & Extraordinary Items | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Net Income before Minority Interest | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Net Income after Minority Interest | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Income Available to Common Shares | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Earnings Adjustments to Net Income - Other Expense/(Income) | — | — | — | — | — | — | (0.0) | — | — | — |
| DPS - Common - Gross - Issue - By Period End Date Rs | 1.40 | 1.35 | 1.25 | 1.25 | 1.20 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Income available to Common excluding Extraordinary Items | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Shares used to calculate Basic EPS - Total mn | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| 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× |
| Shares used to calculate Basic EPS - Issue Specific mn | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| 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 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Diluted Income available to Common excluding Extraordinary Items | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Shares used to calculate Diluted EPS - Total mn | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| 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× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 | 45.0 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 3.59 | 4.00 | 4.47 | 2.90 | 1.47 | 1.68 | 2.40 | 1.80 | 1.16 | 0.58 |
| 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 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 1.35 | 1.25 | 1.25 | 1.20 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 1.22 | 1.13 | 1.13 | 1.08 | 0.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 232.1 | 236.4 | 306.5 | 194.3 | 100.7 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 235.2 | 237.3 | 307.7 | 195.7 | 102.2 | 79.6 | 112.2 | 109.6 | 119.0 | 105.0 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | — | — | — | 80.4 | 113.0 | 110.4 | 120.5 | 105.2 |
| Depreciation & Amortization - Supplemental | 3.1 | 0.9 | 1.2 | 1.3 | 1.5 | 3.8 | 1.5 | 1.5 | 66.6 | 78.7 |
| Depreciation Expense - Total - Supplemental | 3.1 | 0.9 | 1.1 | 1.2 | 1.4 | 3.5 | 1.1 | 1.0 | 66.3 | 78.4 |
| Amortization - Total - Supplemental | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.3 | 0.5 | 0.4 | 0.3 |
| Intangible Amortization - Other - Supplemental | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.3 | 0.5 | 0.4 | 0.3 |
| Amortization of Computer Software - Supplemental | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.3 | 0.5 | 0.4 | 0.3 |
| Depreciation, Depletion & Amortization - Total | 3.1 | 0.9 | 1.2 | 1.3 | 1.5 | 3.8 | 4.3 | 28.5 | 66.6 | 78.7 |
| Depreciation - Total | 3.1 | 0.9 | 1.1 | 1.2 | 1.4 | 3.5 | 4.0 | 27.9 | 66.3 | 78.4 |
| Amortization of Intangible Assets excluding Goodwill - Total | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.3 | 0.5 | 0.4 | 0.3 |
| Islamic Income | 319.7 | 217.3 | 207.4 | 162.3 | 94.1 | 79.0 | 101.9 | 92.4 | 55.5 | 23.3 |
| Normalized after Tax Profit | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Normalized Net Income from Continuing Operations | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Normalized Net Income - Bottom Line | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 230.5 | 236.4 | 306.5 | 194.6 | 100.7 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 233.6 | 237.3 | 307.7 | 195.9 | 102.2 | 79.6 | 112.2 | 109.6 | 119.0 | 105.0 |
| Rental/Operating Lease Expense | — | — | — | — | — | 0.8 | 0.8 | 0.8 | 1.5 | 0.2 |
| Operating Expenses | 131.3 | 105.4 | 100.9 | 85.3 | 66.3 | 62.4 | 80.2 | 43.9 | 101.5 | 106.3 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 137.3 | 114.1 | 99.2 | 86.0 | 52.2 | 48.2 | 53.8 | 43.1 | 101.0 | 105.2 |
| Income before Taxes & Provision for Loan Losses | 222.0 | 231.6 | 303.6 | 192.0 | 100.7 | 89.3 | 107.9 | 81.2 | 52.4 | 26.3 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 1.35 | 1.25 | 1.25 | 1.20 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 1.35 | 1.25 | 1.25 | 1.20 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 161.3 | 180.1 | 201.3 | 130.4 | 66.3 | 75.8 | 107.9 | 81.2 | 52.4 | 26.3 |
| Operating Expenses excluding Non-Cash Charges - Total | 128.2 | 104.5 | 99.7 | 84.0 | 64.8 | 58.6 | 75.9 | 15.4 | 34.8 | 27.6 |
| Income Available to Common Shares before Depreciation & Amortization | 164.4 | 181.0 | 202.5 | 131.7 | 67.8 | 79.6 | 112.2 | 109.6 | 119.0 | 105.0 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.35× | 0.30× | 0.30× | 0.31× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 1.35 | 1.25 | 1.25 | 1.20 | 1.00 | 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 10 periods; the table above goes back further.