Last close · 16 Oct 2026
Rs 14.14 -0.21%
Annual · FY2017 – FY2026
Trust Modaraba (TRSM) financial ratios
Trust Modaraba earned a net margin of 17.5% in FY2026 against a five-year average of 17.6% (Modarabas median 4.6%). Return on equity was 3.2%, compared with a sector median of 4.1%. The current ratio stood at 6.07× and debt was 3.5% of equity. Cash took about 955 days to cycle through receivables, inventory and payables.
FY2026 vs the Modarabas median
- Net margin
- 17.5%
- Sector median 4.6%
- Return on equity (ROE)
- 3.2%
- Sector median 4.1%
- Return on assets (ROA)
- 2.8%
- Sector median 1.9%
- Debt to equity
- 3.5%
- Sector median 38.5%
- 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.
| 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 | 22.9% | 31.1% | 34.5% | 2.5% | 20.7% | 17.5% | 7.5% | 3.9% | 3.2% | 16.9% |
| Net margin | 17.5% | 24.7% | 28.1% | (0.2%) | 18.0% | 14.5% | 4.9% | 3.4% | 3.1% | 16.9% |
| Effective tax rate | 23.6% | 20.7% | 18.6% | 107.2% | 13.2% | 16.9% | 35.0% | 13.5% | 5.5% | — |
| Returns | ||||||||||
| Return on equity (ROE) | 3.2% | 5.3% | 6.4% | (0.0%) | 3.6% | 2.1% | 0.6% | 0.3% | 0.6% | — |
| Return on assets (ROA) | 2.8% | 4.5% | 5.3% | (0.0%) | 2.9% | 1.8% | 0.5% | 0.3% | 0.5% | — |
| Leverage | ||||||||||
| Debt to equity | 3.5% | 2.9% | 2.3% | 0.8% | 2.3% | 0.0% | 0.0% | 1.6% | — | — |
| Debt to capital | 3.4% | 2.8% | 2.3% | 0.8% | 2.3% | 0.0% | 0.0% | 1.6% | — | — |
| Debt to assets | 3.1% | 2.5% | 1.9% | 0.7% | 1.8% | 0.0% | 0.0% | 1.3% | — | — |
| Assets to equity | 1.14× | 1.18× | 1.21× | 1.25× | 1.25× | 1.18× | 1.19× | 1.23× | 1.24× | — |
| Dividends | ||||||||||
| Dividend payout ratio | 0.0% | 81.0% | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Earnings retention rate | 1.00× | 0.19× | 1.00× | — | 1.00× | 1.00× | 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.
TRSM: frequently asked questions
What is TRSM's EPS?
Trust Modaraba reported basic earnings per share of Rs 0.38 for FY2026 (Jul 2025 – Jun 2026).
What is TRSM's P/E ratio?
At the closing price of Rs 14.14 on 16 Oct 2026, TRSM trades at a P/E of 37.0× based on EPS of Rs 0.38 (FY2026).
Does TRSM pay dividends?
Trust Modaraba did not declare a cash dividend for FY2026.
What was TRSM's revenue and profit in FY2026?
Trust Modaraba reported revenue of Rs 65.1 mn and profit attributable to shareholders of Rs 11.4 mn for FY2026 (Jul 2025 – Jun 2026).
What is TRSM's book value per share?
Trust Modaraba's book value per share was Rs 12.09 at the end of FY2026. The shares trade at 1.17× book value.
Information only, not investment advice.