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First Tri-Star Modaraba FTSM

Market closed

Rs 35.05

-2.91 (-7.67%)

Vol134,920Updated10:3029 Jul 2026

01At a Glance

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

Consolidated snapshot

First Tri-Star Modaraba (FTSM) is a Modarabas company listed on the Pakistan Stock Exchange. As of 29 Jul 2026, FTSM last traded at Rs 35.05 (-7.67% on the day) with a market cap of Rs 741.77M and a free float of 40.0%. Over the last 12 months the stock has returned +133.7%.

Prices through 29 Jul 2026 · FY data through FY25

Rs -0.71
1Y Return
+133.7%
Rs 741.77M

02Price & Performance

Closing prices across timeframes, returns, and range context

FTSM — Price History

Daily closing series · toggle period below

1M Return-18.3%
3M Return+51.3%
6M Return+3.5%
1Y Return+133.7%
Day's Range13% of range
Rs 35.05
LowRs 34.16
HighRs 40.89
52-Week Range52% of range
Rs 35.05
LowRs 11.52
HighRs 57.00

03Key Metrics

Valuation, profitability, structure, and risk in one grid

Earnings n/a
Rs -0.71Latest annual · basic
1.68xBook Rs 20.91
No recent payout
0.75Lower than market
Rs 741.77MSmall cap
40.0%8M 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 FTSM

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

FTSM's market capitalisation stands at Rs 741.77M as of 29 Jul 2026 up 154.4% over the past 12 months (from Rs 291.63M).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24Trend
Net Sales / Revenue37.5735.53
Administrative Expenses56.7833.07
Operating Profit-13.610.58
Other Income7.710.04
Financial Charges2.111.91
Profit Before Tax-15.20.06
Taxation0.171.6
Profit After Tax-15.031.66
EPS - Basic (Rs)Rs -0.71Rs 0.08

All figures in PKR millions from published accounts · quarterly statements not yet available for this company.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin-40.0%
EBIT margin-36.2%

Net profit margin

Net profit ÷ revenue · %

0.0%1.2%2.3%3.5%4.7%4.7%FY24-40.0%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Current ratio0.07
Quick ratio0.03
Cash ratio0.03
Asset turnover0.06x

Current ratio

Current assets ÷ current liabilities

0.000.180.370.550.740.74FY240.07FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 741.77M

Rs 1.13BRs 795.85MRs 461.59MRs 127.34MJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 741.77M

Valuation & Capital Returns

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

Latest · FY25

RatioValue
Price to book0.86x
Price to sales10.14x

Price to book

Period-end price ÷ book value · times

0.00x0.22x0.43x0.65x0.86x0.68xFY240.86xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 32.88) is below the 30-day SMA (Rs 33.74). RSI at 55 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 32.88-6.20%Above
SMA 30Rs 33.74-3.74%Above
SMA 60Rs 28.02-20.06%Above
SMA 200Rs 23.27-33.61%Above
55Neutral
0 · Oversold305070100 · Overbought

At 55, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD0.96
  • Signal1.11
  • Histogram-0.15
R2Resistance 2
Rs 47.54
35.6%
R1Resistance 1
Rs 41.29
17.8%
NOWCurrent
Rs 35.05
S1Support 1
Rs 28.40
-19.0%
S2Support 2
Rs 21.76
-37.9%

07Leverage Insights

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

No leverage exposure reported

FTSM 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 %59.26%Most recent print
Average · 3M79.21%Mean over window
Change · 3M-8.29%First → last
Range · 3M48.9–100.0%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 · 40.0%Non-float · 60.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 211.63M
Total Shares21M
8M
40.0%
Year End
Enterprise Value

10About the Company

Business description, governance, and corporate information

First Tri-Star Modaraba was formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed thereunder and is managed by A.R.T. Modaraba Management (Private) Ltd. It is a perpetual, multipurpose and multidimensional Modaraba

Shariah CompliantModarabas

Corporate Information

  • RegistrarHameed Majeed Associates (Pvt.) Ltd Shares Department, HM House, 7 - Bank Square, Lahore
  • AuditorM/s. Crowe Hussain Chaudhury & Co. Chartered Accountants
  • Websitewww.firsttristar.com
  • AddressA/33, Central Commercial Area, Block 7/8, KCHSU, Main Shahrah-e-Faisal, Karachi
  • SectorModarabas

Key People

NameRole
AAAsad Ahmad
CEO
MAMarium Ahmad
Chairperson

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

12Peers in Modarabas

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

FTSM vs Modarabas sector median

Median across 21 sector constituents · nulls excluded per metric

MetricFTSMSector median
21.1x
6.6%
-3.4%5.3%
1-Year Return+133.7%+33.7%
Rs 741.77MRs 595.70M

13Frequently Asked Questions

The most common questions investors ask about FTSM

Frequently Asked Questions

FTSM closed at Rs 35.05 on 29 Jul 2026, down 7.67% on the day, within a 52-week range of Rs 11.52–57.00. Prices on this page refresh through the trading day; log in to BSL for live quotes.

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