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Comparison

First Imrooz Modaraba vs Sindh Modaraba

Sindh Modaraba (SINDM) is worth Rs 2.5 bn at the latest close, 3.6 times the market value of First Imrooz Modaraba (FIMM) at Rs 697.1 mn. In their latest annual results FIMM reported revenue of Rs 1.1 bn (FY2026) and SINDM Rs 363.4 mn (FY2026). FIMM trades at 17.7× earnings and SINDM at 14.1×. Dividend yields: FIMM 4.3%, SINDM 2.8%.

FIMM and SINDM compared
Latest FIMM FY2026 SINDM FY2026
Price Rs 232.37 Rs 50.46
Market value Rs 697.1 mn Rs 2.5 bn
P/E 17.7× 14.1× (stronger)
P/B 2.61× 0.82× (stronger)
Dividend yield 4.3% (stronger) 2.8%
Revenue (latest year) Rs 1.1 bn Rs 363.4 mn
Revenue growth, year on year -15.5% 6.3% (stronger)
Revenue growth, 5 years a year -0.5% 21.3% (stronger)
Profit (latest year) Rs 39.5 mn Rs 161.3 mn (stronger)
EPS (latest year) Rs 13.17 Rs 3.59
Dividend per share Rs 10.00 Rs 1.40
Net margin 3.7% 44.4% (stronger)
Return on equity 14.7% (stronger) 6.3%
Debt to equity 60.6% —
Current ratio 1.83× 14.83× (stronger)
Dividend streak (years) 6 6

Highlighted: the higher figure where higher is usually stronger (growth, margins, returns, yield) or the lower where lower is (P/E, P/B, debt). A highlight is a comparison, not a recommendation.

Revenue by fiscal year FIMM SINDM
Revenue by fiscal year Rs 2 bn FIMM FY2017: Rs 734.2 mn SINDM FY2017: Rs 132.6 mn FY2017 FIMM FY2018: Rs 897.6 mn SINDM FY2018: Rs 153.8 mn FY2018 FIMM FY2019: Rs 705.6 mn SINDM FY2019: Rs 125.0 mn FY2019 FIMM FY2020: Rs 555.1 mn SINDM FY2020: Rs 188.1 mn FY2020 FIMM FY2021: Rs 1.1 bn SINDM FY2021: Rs 138.2 mn FY2021 FIMM FY2022: Rs 1.4 bn SINDM FY2022: Rs 167.0 mn FY2022 FIMM FY2023: Rs 1.7 bn SINDM FY2023: Rs 279.7 mn FY2023 FIMM FY2024: Rs 1.3 bn SINDM FY2024: Rs 407.3 mn FY2024 FIMM FY2025: Rs 1.2 bn SINDM FY2025: Rs 341.8 mn FY2025 FIMM FY2026: Rs 1.1 bn SINDM FY2026: Rs 363.4 mn FY2026
Profit by fiscal year FIMM SINDM
Profit by fiscal year Rs 201 mn -Rs 3 mn FIMM FY2017: Rs 33.3 mn SINDM FY2017: Rs 26.3 mn FY2017 FIMM FY2018: Rs 30.6 mn SINDM FY2018: Rs 52.4 mn FY2018 FIMM FY2019: Rs 25.3 mn SINDM FY2019: Rs 81.2 mn FY2019 FIMM FY2020: Rs 35.1 mn SINDM FY2020: Rs 107.9 mn FY2020 FIMM FY2021: Rs 64.2 mn SINDM FY2021: Rs 75.8 mn FY2021 FIMM FY2022: Rs 24.4 mn SINDM FY2022: Rs 66.3 mn FY2022 FIMM FY2023: -Rs 2.7 mn SINDM FY2023: Rs 130.4 mn FY2023 FIMM FY2024: Rs 72.3 mn SINDM FY2024: Rs 201.3 mn FY2024 FIMM FY2025: Rs 95.4 mn SINDM FY2025: Rs 180.1 mn FY2025 FIMM FY2026: Rs 39.5 mn SINDM FY2026: Rs 161.3 mn FY2026

Prices at the latest close; financial figures from each company's latest annual report. Information only, not investment advice.