AS AT SEPTEMBER 30, 2025
Septezabec 30, ]une 30,
2025 2023
279,730,019 | 371,724,227 |
21,087,070 | 27,118,670 |
85,127,777 | 2J2,819,443 |
787,922,956 | 726,974,370 |
522,372 | 022,372 |
2,195,412 | 2,299,tl6 |
883,373,549 | 716,692,373 |
596,230 | 726,823 |
3,689,956 | 4,240,649 |
1,883,668 | 1,689,139 |
Un-audited Audited
ASSETS Current assets | ----------Rupeee---------- | |||
Cash and bank balances | 4 | |||
Advances, prepayrrients and other receivables | S | |||
Nlorabaha finance | 6 | |||
Current portion of Diminishing ñlusharaka | 7 | |||
Current portion of long term advances | ||||
Current portion of long term loan | ||||
Total current assets | 1,176,585,606 1,341,4»8,400 | |||
Now - current assets | ||||
Dirruriishing Plusharaka | 7 | |||
Long term advances | ||||
Long term loan | ||||
Fixed assets - in own use | 8 | |||
Total non • current assets | 889,543,403 | 723,348,984 | ||
TOTAL ASSETS | 2,066,129,005 | 2,054,807,384 | ||
LIABILITIES AND EQUITY | ||||
Current liabilities | ||||
Creditors, accrued and other liabilities | 9 | |||
Payable ro gratuity fund - related party | ||||
Taxation - net | 10 | |||
Profit disrribution payable | ||||
98,983,979 | 73,298,75* | |||
Non - current liabilities | ||||
35,887,489 | 69,036,i 02 |
3t9,821 | 1,03G,752 |
836,553 | 2,035,782 |
61,940,116 | I,t90,1IG |
TOTAL LIABILITIES CERTIFICATE HOLDERS' EQUITY
450,000,000 | 430,000,000 |
517,145,030 | 541,308,G32 |
1,000,000,000 | 1,000,000,000 |
Certificate capital Authorized certificate capital
98,9B3,979
30,000,000 certificates of Rs. JO each | 500,000,000 | 500,000,000 | |
(June 30, 2025: 30,000,000 certificates of Rs. 10 each) | |||
Iss ued, subscribed, and pad-up cezti6cate capital | |||
Reserves | |||
Subordinated Fund | 11 | ||
TOTAL EQUITY | 1,967,145,030 | t,99t,508,G32 | |
TOTAL LIABILITIES AND EQUITY | 2,066,129,009 | 2,0G4,80*,384 | |
CONTINGENCIES AND COMMITMENTS | 12 |
The annexed notes 1 to 20 form an integral pan of these condensed interim financial information.
For Sindh Modaraba Management Limited (Management Comapany - owned by Goverameat of Sindb)
CONDENSED INTERIM STATEMENT OF PRO£-IT AND LOSS
FOR THE QUARTER ENDED SEPTEMBER 30, 2025
Income from:
For the quarter ended
September 30, September 30,
2025 2024
Un-audited Note ------------------Rupees-----------------
- Diminishing Plusharaka | 65,166,273 | 42,7£5,812 | |
- Ntorabaha | 5,554,454 | ||
Bank deposits | 9,676,721 | 9,058,761 | |
- Term deposits receipts 46,028,G89 | |||
80,397,448 | 07,885,242 | ||
.administrative and operating expenses | (25,581,297) | (21,472,331) | |
Rex•ersal of provision against financing | 2,624,313 | 1,817,078 | |
(22,956,984) | (19,655,4»3) | ||
57,440,464 | 78,197,809 | ||
€9ther income | 467,387 | 230,165 | |
57,907,851 | 7g,427,974 | ||
lanagerrrent Cornpan}''s remuneration
Provision for services sales tax on the Nfanagement Compan} 's remuneration
Profit for the quarter before tax and levy
( 790785)
(868,618)
51,248,448
(,842,797)
(1,1"6,420)
69,408,757
Provision for Taxation
r »fit for the quarter after tax and levy
Earnings per certificate - basic and diluted
10 (t4,862,050) (20,t28,540)
36,386,398 49,280,2t7
0.8t 1.10
The annexed notes 1 to 20 form an integral parr of these condensed interim fingtjcial in formation
For Sindh Modaraba Management Cited (Management Comapany - owned by Government of Sindh)
b
CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME
FOR THE QUARTER ENDED SEPTEMBER 30, 2025
For the quarter ended
September 30, September 30,
2025 2024
Un-audited
------------------Rupees------------------
Profit for the quarter after tax and levy
Other comprehensive income for the period
zhm: tlJat maf be reclassified to profit ayd lan account
ileal that iN// yet be reclmiijied ta pm]it and last account subieguertly
Total comprehensive income for the quarter
36,386,398
36,386,398
49,280,217
49,280,217
The annexed notes 1 to 20 form an Integral part of these condensed interim financial information.
For Sindh Modaraba Management Limited (Management Comapany - owned by Government of Sindh)
CONDENSED INTERIM STATEMENT OF CASH FLOW
FOR THE QUARTER ENDED SEPTEMBER 30, 2025
Fot the quarter ended September 30, September 30,
2025 2024
6,468,529 | l,ñ3l,96^ |
(227,629,562) | (25,381,893) |
127,691,668 | |
130,593 | |
654,397 | (t,254,39T) |
(28,251,065) | §25,380,298) |
Un-audited Note ---------------Rupees---------------
CASH FLOWS -ROM OPERATING ACTIVITIES Profit for the quarter before tax and lesJ• | 51,248,448 | 69,408,757 | ||
Adjusnnents for non - cash and other items | ||||
Depreciation on fixed assets- owned | 8.1 & 8.2 | 197,981 | 259,^03 | |
Gain on disposal of fixed assets - owned | (55,596) | |||
Income on barili deposits | (9,676,721) | (9,058,761) | ||
Income on term deposit receipts | (46,028,689) | |||
Provision for provident fund (employer's con ibution) | 332,473 | 389,175 | ||
Re •ersal of provision in respect of financing | (2,624,313) | (1,817,078) | ||
Provision for gratuity fund | 319,821 | |||
39,797,689 | t 3,093,111 | |||
Working capital changes | ||||
.Advances, prepayments and other receivables | ||||
Diminishing Nlusharaka financing | ||||
ñlorabaha financing | ||||
Long term advances | ||||
Long term loan | ||||
Creditors, accrued and other liabilities | ||||
(120,935,440) | (5t,484,5t5) | |||
Provident fund contribution paid (employer's contribution) | (5,230,021) | (389,175) | ||
Gratuio fund paid | (1,036,752) | |||
Income tax paid | 10 | (16,061,279) | (13,729,7t4) | |
Income received on term deposit receipt | 46,879,782 | |||
Income received on bank deposits | 11,864,105 | t 0,974,450 | ||
Ner cash (used in) /generated from operations | (91,601,698) | 3,343,839 | ||
CASH FLOWS FROM INVESTING ACTtVITIES | ||||
Sale proceed from disposal of fixed assets - owned | ||||
Purchase of fixed assets - owned | 8.1 | |||
Net cash used in investing activities | (392,510) | (I 85,T00) | ||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||
Net cash flow from financing activities | ||||
Net (decrease)/inccease in cash and cash equivalents | (91,994,208) | 3,158,739 | ||
Cash and cash equivalents at the beginning of the quarter | 371,724,227 | 1,1o2,142,642 | ||
Cash and cash equivalents at the end of the quarter | 19 | 279,730,019 | t,t 53,30t,38t |
(392,510) | 50,000 (245,T00) |
The arinexed notes t to 20 form an integral part of these condensed intechaa financial information
For Sindh Modaraba Management Limited (Management Comapany - owned by Gov rnment of Sindh)
SINDH hiODARABA
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY
FOR THE QUARTER ENDED SEPTEMBER 30, 2026
Issued, | Reserves | ||||
subscribed, and paid - up certificate | Subordinated Fund | Total equity | |||
Statutory *eserve | Unappropriated profit | Total | |||
capital | |||||
------------------------------------------------Rupees-----------------------------------------------
Un-audited | ||||||
Balance as •'J• y 01, 2024 | 450,000,000 | 200,682,424 | 216,627,477 | 417,309,901 | 1,000,000,000 | 1,867,309,901 |
Profit for the quarter | 49,280,217 | 49,280,217 | 49,280,217 | |||
Transaction with Certificate Holders | ||||||
Profit distribution @ Rs. 1.25 (12.50%) per | ||||||
certificate | (56,250,000) | (56,250,000) | (56,230,000) | |||
Balance as at September 30, 2024 | 450,000,000 | 200,G82;424 | 209,657,694 | 410,340,118 | 1,000,000,000 | 1,860,540,1) 8 |
Un-audited | ||||||
Balance as at July 01, 2025 | 450,0fi0,000 | 236,705,182 | 304,803,450 | 541,508,632 | 1,000,000,000 | 1,991,508,632 |
I'rofit for the quarter | S6,586,S98 | S6,386,$98 | 36,S86,S98 | |||
Transaction with Certificate Holders Profit distribution @ lis. 1.35 (13.50%) per | ||||||
certificate | (60,750,000) | (60,750,000) | (60,750,000) | |||
Balance as at September 30, 2025 | 450,000,000 | 236,705,182 | 280,439,848 | 517,145,030 | l,0fi0,000,000 | 1,967,145,030 |
J'hc annexed notes 1 to 20 form an integral part of these condensed interim financial information.
For Sindh Modaraba Management Limited (Management Comapany - owned by Government of Sindh)