First Habib Modaraba · PSX:FHAM
First Habib Modaraba — Corporate Update (October 2026)
31 slides from First Habib Modaraba's corporate update, Oct 6, 2026
Slide 1: First Habib Modaraba (FHM) Corporate Briefing Session 2025-26
First Habib Modaraba (FHM) Corporate Briefing Session 2025-26 Wednesday, October 07, 2026
Slide 2: Presentation Outline
Presentation Outline AGENDA 01 Modaraba Profile 02 Governance 03 Operations 04 Financial Performance 05 Awards and Ratings Update 06 Way Forward Wednesday, October 07, 2026
Slide 3: Modaraba Profile
Modaraba Profile Wednesday, October 07, 2026 FHM – All rights reserved
Slide 4: Brief Profile of First Habib Modaraba
Brief Profile of First Habib Modaraba First Habib Modaraba (FHM) was established in 1985 and proudly completed 41 years of successful operations. For more than four decades, FHM has remained focused on sustainable growth and has strengthened its position as a leading Modaraba within Pakistan’s NBFI
Slide 5: Group Structure
Group Structure Habib Metropolitan Bank Limited Parent Bank (Parent Company) Wholly owned subsidiary of Habib Metropolitan Modaraba Management (Private) Limited Habib Metro Bank Modaraba Management Company 10% controlling shareholding First Habib Modaraba (Modaraba Fund) Wednesday, October 07, 2026
Slide 6: Governance
Governance Wednesday, October 07, 2026 FHM – All rights reserved
Slide 7: SWOT Analysis
SWOT Analysis STRENGTHS WEAKNESSES ＋ Subsidiary of a reputable Bank ＋ Leading Modaraba within the Modaraba sector — Lack of availability of low cost funds ＋ Highest credit rating within Modaraba sector i.e., AA+ of long — Inadequate products of resource mobilization term. — Limited products of resou
Slide 8: Risk Governance
Risk Governance The Management has established a clear and prudent Risk Appetite Risk Statement to guide FHM strategic Appetite The amount of risk an organization is willing to assume decisions and ensure long-term in the pursuit of its strategic objectives. stability. This statement defines the max
Slide 9: Operations
Operations Wednesday, October 07, 2026 FHM – All rights reserved
Slide 10: FHM Products
FHM Products Wednesday, October 07, 2026 FHM – All rights reserved
Slide 11: Sector wise Financing Assets
Sector wise Financing Assets As on June 2026 Exposure Sectors % Sectors as on June 2026 PHARMACEUTICALS 15.07% CONSUMER FINANCE 13.48% SERVICES 11.34% PHARMACEUTICALS, OTHER 15.07% TEXTILE 10.52% SECTORS, FOOD & ALLIED 9.28% 31.79% CHEMICAL 8.51% IT & TELECOM 4.93% INDIVIDUALS, CABLE & ELECTRICAL GO
Slide 12: Branch Offices
Branch Offices Karachi Branch: Lahore Branch: 3rd Floor, Al-Manzoor Building, 1st Floor, 5-Z Block, Phase III, Defence Dr. Ziauddin Ahmed Road. Karachi. Housing Authority, Lahore. Tel : 021-32635949-51 Tel : 042-35693074-76 Islamabad Branch: Multan Branch: Office No. 513, 5th Floor, ISE Towers, Office
Slide 13: Financial Performance
Financial Performance Wednesday, October 07, 2026 FHM – All rights reserved
Slide 14: Financial Highlights For the Year 2025-26
Financial Highlights For the Year 2025-26 Board Meeting conducted within 37 days for approval of Financial 22.5% Cash Dividend Disbursement statements for the Year ended declared for June 2026 Rs.21.8 billion June 30, 2026 11.3% Financing Profit Assets Rs.1.21 billion Rs.40.2 billion • Profit before
Slide 15: Key Financial Data Comparing Two Years
Key Financial Data Comparing Two Years Rs. (in millions) 2026 2025 % Comments Balance Sheet footing 41,727 34,749 20% Financing Assets 40,172 32,658 23% Due to increase in financing assets, the Disbursement for the period 21,854 19,637 11% overall balance sheet has improved. Deposit / Borrowing 33,1
Slide 16: Key Financial Data for Six Years
Key Financial Data for Six Years Rs. (in millions) 2026 2025 2024 2023 2022 2021 Total Assets 41,727.10 34,749.38 26,409.93 20,539.86 17,162.82 12,122.53 Diminishing Musharaka Financing Asset 40,230.69 32,658.43 25,125.60 17,981.78 13,183.23 9,913.81 Diminishing Musharaka Asset Disbursement 21,854.0
Slide 17: Growth Pattern of Last Five Years
Growth Pattern of Last Five Years PKR Million Balance Sheet Footing 45,000 41,727 40,000 34,749 35,000 30,000 26,410 25,000 20,540 20,000 17,163 15,000 10,000 5,000 0 2022 2023 2024 2025 2026 Wednesday, October 07, 2026 FHM – All rights reserved
Slide 18: Growth Pattern of Last Five Years
Growth Pattern of Last Five Years PKR Million Financing Assets 45,000 40,172 40,000 35,000 32,658 30,000 25,126 25,000 20,000 19,226 15,903 15,000 10,000 5,000 - 2022 2023 2024 2025 2026 Wednesday, October 07, 2026 FHM – All rights reserved
Slide 19: Statement of Financial Position Composition
Statement of Financial Position Composition Equity & Liabilities Assets Wednesday, October 07, 2026 FHM – All rights reserved
Slide 20: Last 10 Years Dividend Payment
Last 10 Years Dividend Payment 30% 28% 28% 28% 25% 25% 22.5% 22.5% 21% 20% 20% 20% 20% 15% 10% 5% 0 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 41 YEARS OF UNBROKEN DIVIDEND PAYOUT FHM NEVER SKIPPED DIVIDEND SINCE INCEPTION Wednesday, October 07, 2026 FHM – All rights reserved
Slide 21: Market Value vs Book Value
Market Value vs Book Value Rupees 56.22 60 51.78 45.79 50 40 33.73 30 24.71 19.68 20.79 17.99 16.01 20 9.8 9.36 7.29 10 0 2021 2022 2023 2024 2025 2026 Market Value Book Value *High increase was due to change in face value of Modaraba Certificate from Rs.5/- to Rs.10/- from the year 2024. Wednesday,
Slide 22: Key Business Risks
Key Business Risks High cost of funds Shariah Compliance Risk Credit Risk Economic Uncertainty Wednesday, October 07, 2026 FHM – All rights reserved
Slide 23: Awards and Ratings Update
Awards and Ratings Update Wednesday, October 07, 2026 FHM – All rights reserved
Slide 24: Awards received during the Year 2025-26
Awards received during the Year 2025-26 BEST CORPORATE REPORT AWARD Corporate Excellence Award from ICAP & ICMAP Islamic Retail Banking Award from the Management (IRBA) The Joint Committee of the Institute Association of Pakistan (MAP) of Chartered Accountants of On December 4, 2025, The Islamic Ret
Slide 25: Pakistan & International Awards Recognitions
Pakistan & International Awards Recognitions Best Performing Modaraba NBFI & Modaraba Association Pakistan 25 Awards Other Awards Pakistan Observer Best Modaraba Management Award Best Corporate Report 16 Awards Federation of Pakistan Chambers of ICAP & ICMAP Commerce & Industry (FPCCI) 3 Achievement
Slide 26: Credit Ratings assigned by PACRA
Credit Ratings assigned by PACRA AA+ Credit Rating since AA+ last 19 years Long Term A1+ Short Term AA+ AA+ AA+ AA+ AA+ AA+ AA+ AA+ AA+ AA+ 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 AA+ AA+ AA+ AA+ AA+ AA+ AA+ AA+ AA+ 2008 2009 2010 2011 2012 2013 2014 2015 2016 Wednesday, October 07, 2026 F
Slide 27: Way Forward
Way Forward Wednesday, October 07, 2026 FHM – All rights reserved
Slide 28: Expected External and Internal challenges for businesses
Expected External and Internal challenges for businesses External Challenges Internal Challenges Impact on Businesses • Geo Political Tension • Rising trend in Inflation • High Domestic Energy Cost • Volatility in Energy Prices • Tight monetary stance by • Rising Lending Rates • Supply Chain Disrupt
Slide 29: Our Business & Operational Strategy of 2026-27
Our Business & Operational Strategy of 2026-27 • Prudent Growth with Risk Discipline • Grow our market share by adding new sector, cities with sound customers. • Strengthen credit appraisal using data analytics and Early Warning Systems. • Maintain stable Asset-Liability profile. • Further enhance S
Slide 30: Q & A Session
Q & A Session Wednesday, October 07, 2026 FHM – All rights reserved
Slide 31: Thank You
THANK YOU {AN ISLAMIC FINANCIAL INSTITUTION)
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