PSX Company Profiles
What listed companies do, how they make money, key financials and Shariah status, researched by the PSX Investors Zone team.
4 companies
Textile Composite
Feroze1888 Mills Limited
Feroze1888 Mills Limited (PSX: FML) is a Pakistani textile manufacturer incorporated in 1972 and principally engaged in the production and export of towels. Its products serve international textile and home-textile markets. In FY2026, the company reported unconsolidated sales of Rs. 67.73 billion, gross profit of Rs. 8.41 billion and profit after tax of Rs. 804.27 million, compared with Rs. 99.02 million in FY2025. EPS increased from Rs. 0.25 to Rs. 2.01, although gross profit declined and finance costs remained substantial. FML was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index review effective June 5, 2026, based on December 2025 accounts. The official PSX page also displays a Risk Warning Alert concerning possible suspension or delisting, which investors should assess separately from Shariah status and financial performance.
Modarabas
First IBL Modaraba
First IBL Modaraba (PSX: FIBLM) is a Pakistan Stock Exchange-listed, multipurpose Islamic financial institution that commenced operations on October 19, 1989. Managed by IBL Modaraba Management (Private) Limited, it undertakes financing and business activities using Islamic modes such as Ijarah, Musharaka and Murabaha. The modaraba reported total income from operations of Rs. 54.45 million and profit after taxation of Rs. 26.84 million for FY2025. It was listed as Shariah-compliant in the PSX-KMI All Share Islamic Index review effective June 5, 2026. However, the official PSX company page displays a Risk Warning Alert concerning potential suspension or delisting, which investors should examine carefully alongside the latest financial statements and regulatory disclosures.
Modarabas
First Imrooz Modaraba
First Imrooz Modaraba (PSX: FIMM) is a Pakistan Stock Exchange-listed, multipurpose modaraba formed in 1993 and operational since 1994. Unlike modarabas primarily focused on financial services, it specializes in trading industrial raw materials for industries including paints and coatings, pharmaceuticals, food, agriculture, personal care, household products and textiles. For FY2026, PSX reports sales of approximately Rs. 1.054 billion and total income of Rs. 1.059 billion. The Board approved a final profit distribution of Rs. 10 per certificate for FY2026. FIMM was listed as Shariah-compliant in the PSX-KMI All Share Islamic Index review effective June 5, 2026. Investors should also review the Risk Warning Alert currently displayed on the official PSX company page, which identifies potential suspension or delisting risk.
Cement
Flying Cement Company Limited
Flying Cement Company Limited (PSX: FLYNG) is a Pakistani cement manufacturer incorporated in 1992 that began commercial production in January 2005. The company manufactures, markets and sells cement for the construction industry. In FY2026, sales increased to approximately Rs. 14.52 billion from Rs. 11.20 billion in FY2025, while profit after tax declined to approximately Rs. 487.16 million from Rs. 648.82 million. Earnings per share fell from Rs. 0.93 to Rs. 0.70, and no dividend was recommended for FY2026. FLYNG was listed as Shariah-compliant in the KMI All Share Islamic Index review based on June 2025 data; investors should verify the latest screening status. The official PSX page also displays a Risk Warning Alert concerning potential suspension or delisting, making regulatory status a key consideration.