TSBL logo

Trust Securities & Brokerage Limited TSBL

Market open

Rs 2.30

+0.03 (+1.32%)

Vol5,879,870Updated12:2919 Aug 2026

01At a Glance

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

Consolidated snapshot

Trust Securities & Brokerage Limited (TSBL) is an Inv. Banks / Inv. Cos. / Securities Cos. company listed on the Pakistan Stock Exchange. As of 19 Aug 2026, TSBL last traded at Rs 2.30 (+1.32% on the day) with a market cap of Rs 1.70B and a free float of 65.0%. Over the last 12 months the stock has returned +74.5%. The stock trades at a P/E of 3.5x.

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

3.5x
Rs 0.64
1Y Return
+74.5%
Rs 1.70B

02Price & Performance

Closing prices across timeframes, returns, and range context

TSBL — Price History

Daily closing series · toggle period below

1M Return+13.5%
3M Return+14.7%
6M Return-34.2%
1Y Return+74.5%
Day's Range62% of range
Rs 2.30
LowRs 2.25
HighRs 2.33
52-Week Range34% of range
Rs 2.30
LowRs 0.00
HighRs 6.70

03Key Metrics

Valuation, profitability, structure, and risk in one grid

3.5xTrailing annual EPS
Rs 0.64Latest annual · basic
4.51xBook Rs 0.51
No recent payout
1.27Higher than market
Rs 1.70BSmall cap
65.0%488M shares
0.12Low leverage
5.0%Latest annual
Rs 1Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

TSBL has no cash dividend in the trailing 12 months. Its most recent payout was a 150% rights issue, announced 09 Feb 2026 with book closure from 17 Feb 2026.

Latest Payout

Per Share
150% (Rights)
Yield (last FY)
Payout Ratio
Announced
09 Feb 2026

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
09 Feb 2026Rights150%17 Feb 2026 – 17 Feb 2026
19 Jan 2026Rights150%

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

TSBL's market capitalisation stands at Rs 1.70B as of 18 Aug 2026 up 74.5% over the past 12 months (from Rs 975.75M).

Financial Statements

How TSBL's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue251.09212141.8195.03305.3896.56
Administrative Expenses272.34233.57182215.22262.6107.72
Other Income66.6959.0525.9938.4951.0131.79
Financial Charges11.7513.517.26.094.690.83
Profit Before Tax24.7984.02-11.83-13.77106.5930.19
Taxation5.620.021.560.1218.564.7
Profit After Tax19.1784-10.27-13.6588.0334.89
EPS - Basic (Rs)Rs 0.64Rs 2.80Rs -0.34Rs -0.46Rs 2.93Rs 1.16

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin7.6%

Net profit margin

Net profit ÷ revenue · %

0.0%9.9%19.8%29.7%39.6%36.1%FY2028.8%FY21-7.0%FY22-7.2%FY2339.6%FY247.6%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Current ratio1.63
Quick ratio0.70
Cash ratio0.02
Asset turnover0.28x
Effective tax rate22.7%

Current ratio

Current assets ÷ current liabilities

0.000.701.412.112.822.82FY201.84FY211.92FY241.63FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 1.70B

Rs 4.74BRs 3.34BRs 1.94BRs 534.25MAug 25Oct 25Dec 25Feb 26Apr 26Jun 26Rs 1.70B

Valuation & Capital Returns

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

Latest · FY25

RatioValue
Price to earnings6.05x
Price to book7.59x
Price to sales11.56x

Price to earnings

Period-end price ÷ EPS · times

0.00x1.51x3.02x4.54x6.05x0.90xFY200.54xFY210.45xFY246.05xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 2.38) is above the 30-day SMA (Rs 2.25). RSI at 50 sits in the neutral band.

As of18 Aug 2026

PeriodValuevs CurrentPosition
SMA 10Rs 2.38+3.57%Below
SMA 30Rs 2.25-2.16%Above
SMA 60Rs 2.03-11.88%Above
SMA 200Rs 2.66+15.79%Below
50Neutral
0 · Oversold305070100 · Overbought

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

MACD
Bearish Cross
  • MACD0.07
  • Signal0.11
  • Histogram-0.04
R2Resistance 2
Rs 3.09
34.3%
R1Resistance 1
Rs 2.68
16.5%
NOWCurrent
Rs 2.30
S1Support 1
Rs 2.01
-12.6%
S2Support 2
Rs 1.75
-23.9%

07Leverage Insights

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

Not MTS-eligible
Rs 99.89M
+43.24% MoMMargin financing
Rs 99.89M
+43.24% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for TSBL on the latest PSX DFC report.

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %70.90%Most recent print
Average · 3M73.85%Mean over window
Change · 3M-17.99%First → last
Range · 3M33.3–98.4%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 · 65.0%Non-float · 35.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 750.00M
Total Shares750M
488M
65.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

The Company was incorporated in Pakistan on October 19, 1993 as a Public Limited Company under the repealed Companies Ordinance, 1984 (Now Companies Act, 2017). The Company is the Trading Right Entitlement Certificate holder of the Pakistan Stock Exchange Limited and a member of Pakistan Mercantile Exchange Limited. The Company is principally engaged in brokerage of shares, stocks, equity and debt securities, commodities and other financial instruments and corporate financial services.

Inv. Banks / Inv. Cos. / Securities Cos.

Corporate Information

  • RegistrarHameed Majeed Associates (Pvt.) Ltd., H.M.House, 7-Bank Square, Lahore
  • AuditorReanda Haroon Zakaria & Company Chartered Accountants.
  • Websitewww.tsbl.com.pk
  • AddressSuite : 401 4th Floor, Business & Finance Centre, I.I. Chundrigar Road, Karachi
  • SectorInv. Banks / Inv. Cos. / Securities Cos.
  • Financial Year EndJune

Key People

NameRole
ABAbdul Basit
CEO
ZWZenobia Wasif
Chairperson
SMSyed Maqsood Ahmad
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

12Peers in Inv. Banks / Inv. Cos. / Securities Cos.

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

TSBL vs Inv. Banks / Inv. Cos. / Securities Cos. sector median

Median across 34 sector constituents · nulls excluded per metric

MetricTSBLSector median
3.5x11.3x
3.5%
5.0%9.1%
1-Year Return+74.5%+53.1%
Rs 1.70BRs 2.63B

13Frequently Asked Questions

The most common questions investors ask about TSBL

Frequently Asked Questions

TSBL is trading at Rs 2.30, up 1.32% on the day, within a 52-week range of Rs 0.00–6.70, from the 15-minute snapshot taken at 12:30 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

Ready to invest in TSBL?

Open a BSL trading account in under 10 minutes

Buy and sell TSBL and every other PSX-listed stock with low commissions, real-time data, and a concierge research desk backing every trade.