Slide 1: Corporate Briefing Session 2024
CORPORATE BRIEFING SESSION 2024 Held on Thursday 28th November 2024 at 11:00 AM via video link
Slide 2: Disclaimer
DISCLAIMER THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT • First Paramount Modaraba (FPRM) has prepared this presentation in good faith, however, no warranty or representation, express or implied is made as to the adequacy, correctness,
Slide 3: Contents
Contents 1. History of FPRM 2. Products 3. Major Projects 4. Financial Highlights 5. Challenges and Future Outlook
Slide 4: History of First Paramount Modaraba (FPRM)
History of First Paramount Modaraba (FPRM) First Paramount Modaraba (FPRM) is a multipurpose, perpetual and multidimensional Modaraba floated by Paramount Investments Limited (PIL). Modaraba Authorization Certificate was received from the Registrar Modaraba on 26 Jun 1994 and the primary business wa
Slide 5: Products
Products • Musharakah مشارکہ • Modaraba مضاربہ • Murabaha مرابحہ • Diminishing Musharakah مشارکہ متناقصہ
Slide 6: Major Projects and Revenue Streams
Major Projects and Revenue Streams ➢Financing Portfolio → 101 million portfolio ➢FPM Petro Services → Revenue of Rs. 549 million in FY 2024 ➢FPM Solutions → Revenue of Rs. 3.9 million in FY 2024 ➢FPM AML CHECK ➢Screening services well established in Pakistan ➢Subsidiary incorporated ➢Planning to lau
Slide 7: Major Projects (Cont.)
Major Projects (Cont.) FPM PETRO SERVICES – REVENUE FIGURES (Rupees in million) 2024 2023 2022 2021 2020 549 282 273 67 142 Through relentless efforts in realignment of product portfolio and continuous introduction of new products, we anticipate sustained growth for this division moving forward.
Slide 8: Financial Highlights
Financial Highlights 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 EQUITY (Million) 206 215 212 213 215 208 211 215 221 250 PBT (Million) 10 13 7.2 11.1 12.1 6.5 7.7 15.11 11.79 40.66 EPS 1.02 0.95 0.52 0.79 0.88 0.47 0.56 0.72 0.474 2.07 Total Assets 440 510 465 444 466 447 456 466 450 475 (Mil
Slide 9: Financial Highlights (Cont.)
Financial Highlights (Cont.) 45,000,000 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 Profit Before Tax Profit After Tax 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Slide 10: Challenges and Future Outlook
Challenges and Future Outlook ➢ Revision in Modaraba Regulations ➢ Minimum equity requirements for COM issuing Modarabas (PKR 500 million - in 3 years by Aug 2025) (FPM’s equity is at 250 million) ➢ Minimum long term credit rating of “A-” (FPM’s current is “BBB”) ➢ Challenging business environment d
Slide 11: The End… Q & A Session
Q & A Session Thank You The End…