First Elite Capital Modaraba · PSX:FECM
First Elite Capital Modaraba — Corporate Briefing Session 2025
17 slides from First Elite Capital Modaraba's conference presentation, Oct 28, 2025
Slide 1: First Elite Capital Modaraba - Corporate Briefing Session notice
ag FIRST ELITE CAPITAL MODARABA Managed By: CRESCENT MODARABA MANAGEMENT COMPANY LIMITED REF:FECM/CS/186 October 24, 2025 The General Manager Pakistan Stock Exchange Limited Stock Exchange Building Stock Exchange Road Karachi. Subject: Corporate Briefing Session-2025 Dear Sir, We would like to infor
Slide 2: Corporate Briefing Session
CORPORATE BRIEFING SESSION First Elite Capital Modaraba Tuesday, October 28, 2025
Slide 3: Introduction
INTRODUCTION 2
Slide 4: First Elite Capital Modaraba floated in 1991
First Elite Capital Modaraba • First Elite Capital Modaraba was floated in 1991 with an authorized capital of Rs.200 million. • The Modaraba offered shares worth Rs.100 million which were over subscribed. 3
Slide 5: Management Company and Shariah Advisor
First Elite Capital Modaraba • Management Company Crescent Modaraba Management Company Ltd • Shariah Advisor Mufti Muhammad Umar Shariah Advisor’s report is now part of Annual Accounts. 4
Slide 6: Business
First Elite Capital Modaraba BUSINESS • First Elite Capital Modaraba is a perpetual, multi-purpose and multi-dimensional modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed there under and is managed by Crescent Modaraba Management
Slide 7: Products
First Elite Capital Modaraba PRODUCTS Ijarah Murabahah Musharakah Trading 6
Slide 8: Board of Directors of Management Company
First Elite Capital Modaraba Board of Directors of Management Company • Mr. Muneeb Ahmed Dar Chairman and Non-Executive Director • Mr. Aamir Iftikhar Khan Chief Executive and Executive Director • Mr. Ghazanfar Farrokh Non-Executive Director • Mr. Muhammad Javed Amin Non-Executive Director • Mrs. Sha
Slide 9: Financial Details
Financial Details 8
Slide 10: Profit or Loss
First Elite Capital Modaraba Profit or Loss Rs. in million 2025 2024 2023 2022 2021 2020 Income from: • Ijarah Financing 37.15 32.25 29.67 34.45 38.45 33.62 Murabaha Financing 0.02 0.01 - 0.01 - 0.20 Return on Investments 3.20 5.73 2.90 0.40 2.33 1.40 Reversal of Provision for doubtful Receivables 0
Slide 11: Statement of Financial Position
First Elite Capital Modaraba Statement of Financial Position Rs. in million 2025 2024 2023 2022 2021 2020 Cash & Bank Balances 8.27 6.10 2.40 15.85 15.57 19.17 Short Term Investments 15.90 11.05 8.61 9.50 11.01 11.59 Short Term Investment in Mutual Funds 9.66 23.63 20.24 - - - Short term Musharakah
Slide 12: Revenue (Rs. in million)
First Elite Capital Modaraba Revenue (Rs. in million) 52.20 70 69.32 52.20 60 .48.22 52.32 41.78 52.2 49.77 49.77 50 48.22 69.31 40 38.37 36.11 34 30 20 10 0 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 11
Slide 13: Certificate Holder's Equity (Rs. in million)
First Elite Capital Modaraba Certificate Holder’s Equity (Rs.in million) 140 137.9 138.16 124.94 142.19 127.95 128.06 133.69 130.45 127.95 124.94 129.24 130.45 120 113.39 113.39 113.25 106.90 100 99.28 99.28 92.54 80 60 40 20 0 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 12
Slide 14: Break-Up Value per Certificate
First Elite Capital Modaraba Break-Up Value per Certificate 14 12.16 12 11.50 11.28 11.02 11.40 10 9.99 10 9.43 8.76 8.16 8 6 4 2 0 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 13
Slide 15: Future Outlook
Future Outlook 14
Slide 16: Future Outlook
First Elite Capital Modaraba • The Management of the Modaraba is optimistic about the future business prospects and intends to concentrate on small ticket Ijarah financing besides exploring new avenues of profitable business to improve the performance of the Modaraba with the hope that the Governmen
Slide 17: Thank You
Thank You 16
First Elite Capital Modaraba — Corporate Briefing Session 2025 on 6ix