PSX Company Profiles
What listed companies do, how they make money, key financials and Shariah status, researched by the PSX Investors Zone team.
2 companies

Textile Composite
Fazal Cloth Mills Limited
Fazal Cloth Mills Limited (PSX: FZCM) is a Pakistani textile manufacturer specialising in yarn and fabric. For FY2026, the company reported net sales of approximately Rs. 96.024 billion, profit after taxation of Rs. 1.573 billion and EPS of Rs. 52.44, compared with FY2025 EPS of Rs. 12.76. The board recommended a final cash dividend of Rs. 15 per share, subject to the applicable approval and payout process. On 23 October 2026, PSX displayed a share price of Rs. 257.00 and a trailing P/E ratio of 4.90. FZCM was marked Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition effective 5 June 2026. However, PSX displays a Risk Warning Alert concerning continuing regulatory violations and possible suspension or delisting. Investors should assess these regulatory risks, textile-sector cost pressures and the company's latest disclosures before making investment decisions.

Modarabas
First Tri-Star Modaraba
First Tri-Star Modaraba (PSX: FTSM) is a perpetual, multipurpose Modaraba managed by A.R.T. Modaraba Management (Private) Limited. Its activities include investment transactions and operating an educational institution, Imperial Tutorial College. For FY2026, academic revenue was Rs. 23.083 million, profit after taxation was Rs. 4.907 million and EPS was Rs. 0.23, compared with a restated FY2025 loss of Rs. 15.030 million and negative EPS of Rs. 0.71. The board recommended no dividend for FY2026. Although FTSM was marked Shariah-compliant in the PSX-KMI All Share Islamic Index review effective 5 June 2026, PSX displays a Risk Warning Alert concerning regulatory violations and possible suspension or delisting. The annual report also records a substantial negative investment-revaluation movement in other comprehensive income. Investors should review these issues alongside the company's earnings, market valuation and regulatory disclosures.