Trust Modaraba TRSM
Rs 19.99
Vol8,160,922Updated10:3029 Jul 2026
01—At a Glance
The headline take on TRSM — valuation, income, returns, and efficiency
Consolidated snapshot
02—Price & Performance
Closing prices across timeframes, returns, and range context
TRSM — 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 TRSM
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
TRSM's market capitalisation stands at Rs 595.70M as of 29 Jul 2026 — up 16.4% over the past 12 months (from Rs 511.67M).
Financial Statements
How OGDC's income and balance sheet have evolved
| PKR Millions | FY24 | FY23 | Trend |
|---|---|---|---|
| Other Income | 3.27 | 2.71 | |
| Profit Before Tax | 26.07 | 1.01 | |
| Taxation | 4.84 | 1.09 | |
| Profit After Tax | 21.23 | -0.07 | |
| EPS - Basic (Rs) | Rs 0.71 | Rs 0.00 |
All figures in PKR millions from published accounts.
Profitability & Returns
Margins, returns on capital, and earnings per share
Latest · FY24
| Ratio | Value |
|---|---|
| Return on equity | 6.2% |
| Return on assets | 5.1% |
Return on equity
Net profit ÷ equity · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY24
| Ratio | Value |
|---|---|
| Current ratio | 4.51 |
| Quick ratio | 0.80 |
| Cash ratio | 0.80 |
| Effective tax rate | 18.6% |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 595.70M
Valuation & Capital Returns
What the market is paying for TRSM, and what it returns to shareholders
Latest · FY24
| Ratio | Value |
|---|---|
| Price to book | 0.32x |
Price to book
Period-end price ÷ book value · times
06—Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 16.19) is above the 30-day SMA (Rs 15.97). RSI at 75 is in overbought territory.
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 16.19 | -19.00% | Above |
| SMA 30 | Rs 15.97 | -20.11% | Above |
| SMA 60 | Rs 16.09 | -19.49% | Above |
| SMA 200 | Rs 25.27 | +26.41% | Below |
At 75, momentum is elevated — above 70 may signal a near-term pullback.
- MACD0.41
- Signal0.01
- Histogram+0.40
07—Leverage Insights
MTS, margin financing, futures open interest, and combined exposure
Leverage Composition
MTS · MFS stacked over the selected window
No blank sales
No net blank (short) sales reported for TRSM on the latest PSX DFC report.
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
Trust Modaraba was formed in Pakistan under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the rules framed thereunder and is being managed by Al-Zamin Modaraba Management (Private) Limited (AZMML). The Modaraba commenced its business operations on November 12, 1991. It is listed on Pakistan Stock Exchange. The Modaraba is perpetual, multi-purpose and multi-dimensional, engaged in the business of Murabaha, Musharakah and Ijarah financing, investment in marketable securities, trading and other permissible businesses.
Corporate Information
- RegistrarHameed Majeed Associates (Pvt) Ltd. 1st Floor HM House 7 Bank Square, Lahore.
- AuditorGrant Thornton Anjum Rahman. Chartered Accountants
- Websitewww.trustmodaraba.com
- Address104-106, Kassam Court, BC-9, Block-5, Clifton, Karachi, Pakistan
- SectorModarabas
- Financial Year EndJune
Key People
| Name | Role |
|---|---|
MYMuhammad Yasin | CEO |
MSMian Sheikh Arshad Farooq | Chairperson |
HAHamida Aqeel | 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
- 29 Jul 2026Insider Trading
- 30 Jun 2026Others
- 30 Apr 2026Financial Results
- 29 Apr 2026Others
- 28 Apr 2026Financial Results
- 21 Apr 2026Board Meetings
- 17 Apr 2026Others
- 26 Feb 2026Financial Results
12—Peers in Modarabas
How the cohort is moving — same-sector stocks by market cap
TRSM vs Modarabas sector median
| Metric | TRSM | 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 → | 28.1x | 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 → | 6.2% | 5.3% |
| 1-Year Return | +28.1% | +33.7% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 595.70M | Rs 595.70M |
Modarabas · sector heat
13—Frequently Asked Questions
The most common questions investors ask about TRSM
Frequently Asked Questions
TRSM closed at Rs 19.99 on 29 Jul 2026, up 10.02% on the day, within a 52-week range of Rs 8.00–71.65. Prices on this page refresh through the trading day; log in to BSL for live quotes.
Trust Modaraba was formed in Pakistan under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the rules framed thereunder and is being managed by Al-Zamin Modaraba Management (Private) Limited (AZMML). See About the Company on this page for the full profile, management, and corporate information.
TRSM 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 — Trust Modaraba is on the PSX's Shariah-compliant (KMI All Shares) list. Browse all Shariah-compliant PSX stocks.
TRSM trades at 28.1x 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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