First Elite Capital Modaraba FECM
Rs 17.60
Vol2,108Updated10:3029 Jul 2026
01—At a Glance
The headline take on FECM — valuation, income, returns, and efficiency
Consolidated snapshot
02—Price & Performance
Closing prices across timeframes, returns, and range context
FECM — Price History
Daily closing series · toggle period below
03—Key Metrics
Valuation, profitability, structure, and risk in one grid
04—Dividend 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.
05—Financials & 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 Millions | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | Trend |
|---|---|---|---|---|---|---|---|
| Administrative Expenses | 19.17 | 18.08 | 17.02 | 17.1 | 15.81 | 15.22 | |
| Other Income | 0.31 | 0.28 | 1.29 | 1.12 | 1.29 | 0.54 | |
| Financial Charges | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0 | |
| Profit Before Tax | 4.7 | 24.78 | -6.26 | -6.65 | 5.38 | -5.06 | |
| Taxation | 0 | 1.14 | 0.81 | 0.57 | 1.12 | 0.21 | |
| Profit After Tax | 4.7 | 23.64 | -7.06 | -7.22 | 4.26 | -5.27 | |
| EPS - Basic (Rs) | Rs 0.41 | Rs 2.08 | Rs -0.62 | Rs -0.64 | Rs 0.38 | Rs -0.46 |
All figures in PKR millions from published accounts.
Profitability & Returns
Margins, returns on capital, and earnings per share
Latest · FY25
| Ratio | Value |
|---|---|
| Return on equity | 3.4% |
| Return on assets | 2.0% |
Return on equity
Net profit ÷ equity · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY25
| Ratio | Value |
|---|---|
| Current ratio | 1.73 |
| Quick ratio | 1.23 |
| Cash ratio | 1.23 |
| Effective tax rate | 0.0% |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 199.58M
Valuation & Capital Returns
What the market is paying for FECM, and what it returns to shareholders
Latest · FY25
| Ratio | Value |
|---|---|
| Price to earnings | 54.44x |
| Price to book | 1.85x |
Price to earnings
Period-end price ÷ EPS · times
06—Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 17.71) is above the 30-day SMA (Rs 17.64). RSI at 50 sits in the neutral band.
Moving AverageThe average close over a set window (10/30/200 days) — smooths daily noise to reveal the trend.Read the full guide →
| Period | Value | vs Current | Position |
|---|---|---|---|
| SMA 10 | Rs 17.71 | +0.64% | Below |
| SMA 30 | Rs 17.64 | +0.24% | Below |
| SMA 60 | Rs 17.50 | -0.54% | Above |
| SMA 200 | Rs 21.85 | +24.13% | Below |
At 50, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.
- MACD0.03
- Signal0.04
- Histogram-0.01
07—Leverage 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.
08—Settlement Insights
UIN-wise settlement concentration and price context
Metrics and charts over the selected trailing window
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)
10—About 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.
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
| Name | Role |
|---|---|
AIAamir Iftikhar Khan | CEO |
MAMuneeb Ahmed Dar | Chairperson |
MAMuhammad Arif Hilal | Company Secretary |
Reports & Filings
- Quarterly Report — 31 Mar 2026PDF
- Quarterly Report — 31 Dec 2025PDF
- Quarterly Report — 30 Sept 2025PDF
- Quarterly Report — 31 Mar 2025PDF
- Annual Report FY2025PDF
- Quarterly Report — 31 Dec 2024PDF
- Quarterly Report — 30 Sept 2024PDF
- Quarterly Report — 31 Mar 2024PDF
Sourced from official PSX financial-report submissions.
11—Recent Announcements
Latest company filings as reported on PSX
Filings and disclosures from the PSX announcement feed
- 17 Jul 2026Insider TradingDisclosure 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 2026OthersDisclosure 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 2026OthersDisclosure 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 2026OthersDisclosure 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
12—Peers in Modarabas
How the cohort is moving — same-sector stocks by market cap
FECM vs Modarabas sector median
| Metric | FECM | Sector median |
|---|---|---|
| P/E RatioShare price ÷ earnings per share — the price you pay for each rupee of annual profit. Compare within a sector.Read the full guide → | 42.9x | 21.1x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | — | 6.6% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | 3.4% | 5.3% |
| 1-Year Return | -53.7% | +33.7% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 199.58M | Rs 595.70M |
Modarabas · sector heat
13—Frequently 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.
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 Limit… See About the Company on this page for the full profile, management, and corporate information.
FECM has not declared a cash dividend in the recent PSX record — some companies reinvest earnings instead; see the Financials section. For income ideas, browse the highest dividend yield stocks on PSX.
Yes — First Elite Capital Modaraba is on the PSX's Shariah-compliant (KMI All Shares) list. Browse all Shariah-compliant PSX stocks.
FECM trades at 42.9x earnings against a Modarabas median of 21.1x. The full comparison table and peer list are in the Peers section, or explore the Modarabas sector page.
Annual reports for FY2025 are linked under Reports & Filings in the About section of this page, sourced from official PSX submissions.
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