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Popular Islamic Modaraba PIM

Market open

Rs 28.36

-0.80 (-2.74%)

Vol43,854Updated12:5019 Aug 2026

01At a Glance

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

Consolidated snapshot

Popular Islamic Modaraba (PIM) is a Modarabas company listed on the Pakistan Stock Exchange. As of 19 Aug 2026, PIM last traded at Rs 28.36 (-2.74% on the day) with a market cap of Rs 583.20M and a free float of 5.0%. Over the last 12 months the stock has returned +65.5%. Cash dividends declared over the trailing 12 months total Rs 1.00/share (yield 3.4%). The stock trades at a P/E of 21.0x.

Prices through 19 Aug 2026 · FY data through FY25 · Quarterly through Mar-26

21.0x
Rs 1.39
1Y Return
+65.5%
Rs 583.20M

02Price & Performance

Closing prices across timeframes, returns, and range context

PIM — Price History

Daily closing series · toggle period below

1M Return+27.0%
3M Return+38.7%
6M Return+42.7%
1Y Return+65.5%
Day's Range34% of range
Rs 28.36
LowRs 27.95
HighRs 29.16
52-Week Range91% of range
Rs 28.36
LowRs 0.00
HighRs 31.33

03Key Metrics

Valuation, profitability, structure, and risk in one grid

21.0xTrailing annual EPS
Rs 1.39Latest annual · basic
2.59xBook Rs 10.97
3.43%Rs 1.00/sh trailing 12m
0.16Lower than market
Rs 583.20MSmall cap
5.0%1M shares
Ratio n/a
11.7%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

PIM has paid Rs 1.00 per share in cash dividends over the trailing 12 months — a 3.4% yield at the last close. Its most recent payout was Rs 1.00/share, announced 06 Oct 2025 with book closure from 21 Oct 2025.

Latest Payout

Per Share
Rs 1.00
Trailing Yield
3.43%
Payout Ratio
Announced
06 Oct 2025

Dividend Per Share Trend

Not enough history for a trend yet — see the payout table below.

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
06 Oct 202530 Jun 2025 (YR)CashRs 1.00(10%)21 Oct 2025 – 28 Oct 2025

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

PIM's market capitalisation stands at Rs 583.20M as of 18 Aug 2026 up 65.5% over the past 12 months (from Rs 352.40M).

Financial Statements

How PIM's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue41.7445.6927.7223.5839.9834.56
Administrative Expenses6.815.49
Other Income2.461.842.030.850.550.93
Profit Before Tax28.4228.2510.377.927.595.54
Taxation2.713.552.41.370
Profit After Tax25.7124.77.976.557.595.54
EPS - Basic (Rs)Rs 1.39Rs 1.76Rs 0.57Rs 0.48Rs 0.76Rs 0.55

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin61.6%

Net profit margin

Net profit ÷ revenue · %

0.0%15.4%30.8%46.2%61.6%16.0%FY2019.0%FY2127.8%FY2228.8%FY2354.1%FY2461.6%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Current ratio7.79
Quick ratio0.27
Cash ratio0.27
Asset turnover0.18x
Effective tax rate9.5%

Current ratio

Current assets ÷ current liabilities

0.002.575.137.7010.270.93FY202.09FY216.81FY224.04FY2310.27FY247.79FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 583.20M

Rs 583.20MRs 410.70MRs 238.21MRs 65.71MJul 25Sept 25Nov 25Jan 26Apr 26Jun 26Rs 583.20M

Valuation & Capital Returns

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

Latest · FY25

RatioValue
Price to earnings15.50x
Price to book1.96x
Price to sales10.33x

Price to earnings

Period-end price ÷ EPS · times

0.00x5.59x11.18x16.78x22.37x10.00xFY2016.32xFY2116.04xFY2222.37xFY237.34xFY2415.50xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 23.48) is above the 30-day SMA (Rs 23.46). RSI at 75 is in overbought territory.

As of18 Aug 2026

PeriodValuevs CurrentPosition
SMA 10Rs 23.48-17.19%Above
SMA 30Rs 23.46-17.29%Above
SMA 60Rs 23.34-17.71%Above
SMA 200Rs 22.12-21.99%Above
75Overbought
0 · Oversold305070100 · Overbought

At 75, momentum is elevated — above 70 may signal a near-term pullback.

MACD
Bullish Cross
  • MACD0.58
  • Signal-0.00
  • Histogram+0.58
R2Resistance 2
Rs 34.60
22.0%
R1Resistance 1
Rs 31.88
12.4%
NOWCurrent
Rs 28.36
S1Support 1
Rs 23.72
-16.4%
S2Support 2
Rs 18.28
-35.5%

07Leverage Insights

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

No leverage exposure reported

PIM 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 %82.43%Most recent print
Average · 3M81.42%Mean over window
Change · 3M-15.21%First → last
Range · 3M30.9–100.0%Low–high

Settlement % Trajectory

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

As of 18 Aug 2026

Price vs Settlement

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

09Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 5.0%Non-float · 95.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 200.00M
Total Shares20M
1M
5.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

Popular Islamic Modaraba is a multipurpose, perpetual Modaraba formed under the Modaraba and Modaraba(floatation and control) Ordinance, 1980 and the rules framed there under and is managed by the Popular IslamicModaraba Management Company (Private) Limited, under the repealedCompanies Ordinance, 1984 (now Companies Act, 2017). The Modaraba is engaged in various Islamic modes of financing and business including Ijarah, Musharaka,Murabaha and Diminishing Musharaka arrangements.

Shariah CompliantModarabas

Corporate Information

  • RegistrarCentral Depository Company of Pakistan CDC House, 99-B, Block ‘B’, S.M.C.H.S., Main Shahra-e-Faisal, Karachi
  • AuditorBKR International Muniff Ziauddin & Co. Chartered Accountant
  • Websitewww.popularislamicmodaraba.com
  • Address406-410, 4th Floor, Chapal Plaza, Hasrat Mohani Road, Off I.I. Chundrigar Road, Karachi
  • SectorModarabas
  • Financial Year EndJune

Key People

NameRole
KHKamran Hussain Mughal
CEO
ISImamuddin Shouqeen
Chairperson
AMAisha Mughal
Company Secretary

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

PIM vs Modarabas sector median

Median across 21 sector constituents · nulls excluded per metric

MetricPIMSector median
21.0x11.5x
3.4%6.8%
11.7%6.7%
1-Year Return+65.5%+41.6%
Rs 583.20MRs 583.20M

13Frequently Asked Questions

The most common questions investors ask about PIM

Frequently Asked Questions

PIM is trading at Rs 28.36, down 2.74% on the day, within a 52-week range of Rs 0.00–31.33, from the 15-minute snapshot taken at 13:00 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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