FECM logo

First Elite Capital Modaraba FECM

Market closed

Rs 17.60

-0.05 (-0.28%)

Vol2,108Updated10:3029 Jul 2026

01At a Glance

The headline take on FECM — valuation, income, returns, and efficiency

Consolidated snapshot

First Elite Capital Modaraba (FECM) is a Modarabas company listed on the Pakistan Stock Exchange. As of 29 Jul 2026, FECM last traded at Rs 17.60 (-0.28% on the day) with a market cap of Rs 199.58M and a free float of 75.0%. Over the last 12 months the stock has returned -53.7%. The stock trades at a P/E of 42.9x.

Prices through 29 Jul 2026 · FY data through FY25 · Quarterly through Mar-26

42.9x
Rs 0.41
1Y Return
-53.7%
Rs 199.58M

02Price & Performance

Closing prices across timeframes, returns, and range context

FECM — Price History

Daily closing series · toggle period below

1M Return+2.7%
3M Return+3.5%
6M Return-16.4%
1Y Return-53.7%
Day's Range18% of range
Rs 17.60
LowRs 17.51
HighRs 18.00
52-Week Range13% of range
Rs 17.60
LowRs 11.75
HighRs 57.06

03Key Metrics

Valuation, profitability, structure, and risk in one grid

42.9xTrailing annual EPS
Rs 0.41Latest annual · basic
1.46xBook Rs 12.05
No recent payout
0.52Lower than market
Rs 199.58MSmall cap
75.0%9M shares
Ratio n/a
3.4%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

No dividend payouts on record for FECM

PSX has no payout announcements for this company in the recent record. Some companies reinvest earnings rather than distribute them — check the Financials section for retained earnings.

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

FECM's market capitalisation stands at Rs 199.58M as of 29 Jul 2026 down 53.7% over the past 12 months (from Rs 430.92M).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Administrative Expenses19.1718.0817.0217.115.8115.22
Other Income0.310.281.291.121.290.54
Financial Charges0.020.010.010.020.010
Profit Before Tax4.724.78-6.26-6.655.38-5.06
Taxation01.140.810.571.120.21
Profit After Tax4.723.64-7.06-7.224.26-5.27
EPS - Basic (Rs)Rs 0.41Rs 2.08Rs -0.62Rs -0.64Rs 0.38Rs -0.46

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Return on equity3.4%
Return on assets2.0%

Return on equity

Net profit ÷ equity · %

0.0%4.8%9.7%14.5%19.4%19.4%FY243.4%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Current ratio1.73
Quick ratio1.23
Cash ratio1.23
Effective tax rate0.0%

Current ratio

Current assets ÷ current liabilities

0.000.771.542.313.083.08FY241.73FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 199.58M

Rs 641.05MRs 451.44MRs 261.84MRs 72.23MJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 199.58M

Valuation & Capital Returns

What the market is paying for FECM, and what it returns to shareholders

Latest · FY25

RatioValue
Price to earnings54.44x
Price to book1.85x

Price to earnings

Period-end price ÷ EPS · times

0.00x13.61x27.22x40.83x54.44x2.89xFY2454.44xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 17.71) is above the 30-day SMA (Rs 17.64). RSI at 50 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 17.71+0.64%Below
SMA 30Rs 17.64+0.24%Below
SMA 60Rs 17.50-0.54%Above
SMA 200Rs 21.85+24.13%Below
50Neutral
0 · Oversold305070100 · Overbought

At 50, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD0.03
  • Signal0.04
  • Histogram-0.01
R2Resistance 2
Rs 20.80
18.2%
R1Resistance 1
Rs 19.20
9.1%
NOWCurrent
Rs 17.60
S1Support 1
Rs 16.30
-7.4%
S2Support 2
Rs 15.00
-14.8%

07Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

No leverage exposure reported

FECM is not currently financed through MTS or margin financing (MFS), and shows no futures open interest or blank sales on the latest NCCPL/PSX reports.

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %100.00%Most recent print
Average · 3M89.26%Mean over window
Change · 3M+30.99%First → last
Range · 3M42.7–100.0%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 16 Jul 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

09Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 75.0%Non-float · 25.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 113.40M
Total Shares11M
9M
75.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

First Elite Capital Modaraba is a perpetual, multi-purpose and multidimensional modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and is managed by Crescent Modaraba Management Company Limited, a company incorporated in Pakistan under the Companies Act, 2017. The Modaraba is primarily engaged in the business of ijarah, musharakah and murabahah financing, investment in marketable securities, trading of stock and other related businesses.

Shariah CompliantModarabas

Corporate Information

  • RegistrarCorptec Associates (Private) Limited, 503-E, Johar Town, , Lahore
  • AuditorIlyas Saeed & Co. Chartered Accountants
  • Websitewww.fecm.com.pk
  • Address50-A Garden Block, New Garden Town, Lahore
  • SectorModarabas
  • Financial Year EndJune

Key People

NameRole
AIAamir Iftikhar Khan
CEO
MAMuneeb Ahmed Dar
Chairperson
MAMuhammad Arif Hilal
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

  • 17 Jul 2026Insider Trading
    Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
  • 27 Apr 2026Financial Results
  • 24 Apr 2026Financial Results
  • 17 Apr 2026Others
    Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations REVOKED
  • 17 Apr 2026Others
    Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
  • 17 Apr 2026Board Meetings
  • 15 Apr 2026Others
    Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
  • 26 Feb 2026Financial Results

12Peers in Modarabas

How the cohort is moving — same-sector stocks by market cap

FECM vs Modarabas sector median

Median across 21 sector constituents · nulls excluded per metric

MetricFECMSector median
42.9x21.1x
6.6%
3.4%5.3%
1-Year Return-53.7%+33.7%
Rs 199.58MRs 595.70M

13Frequently Asked Questions

The most common questions investors ask about FECM

Frequently Asked Questions

FECM closed at Rs 17.60 on 29 Jul 2026, down 0.28% on the day, within a 52-week range of Rs 11.75–57.06. Prices on this page refresh through the trading day; log in to BSL for live quotes.

Ready to invest in FECM?

Open a BSL trading account in under 10 minutes

Buy and sell FECM and 550+ other PSX-listed stocks with low commissions, real-time data, and a concierge research desk backing every trade.

Open Account