⚡ Flash Summary

OLP Modaraba (OLPM) announced a net profit of PKR 174.077 million for the year ended June 30, 2025. The Board approved a cash dividend of 25% (PKR 2.50 per certificate of PKR 10 each) for the same period. The 26th Annual Review Meeting (ARM) will be held on October 28, 2025, both in person and via video link. The company has uploaded its annual report on its website and will provide hard copies upon request.

📌 Key Takeaways

• 💰 OLP Modaraba (OLPM) reports a net profit of PKR 174.077 million for the year ended June 30, 2025.
• 🎉 A cash dividend of 25% (PKR 2.50 per certificate of PKR 10 each) has been approved for the year ended June 30, 2025.
• 📅 The 26th Annual Review Meeting (ARM) is scheduled for October 28, 2025, at 11:00 a.m. in Karachi.
• 💻 The ARM will be accessible both in person and electronically through video link.
• 🔒 Certificate transfer books will be closed from October 21, 2025, to October 28, 2025.
• ✉️ Certificate holders wanting to attend online must register by October 20, 2025, via secretariat@olpmodaraba.com.
• 🌐 The Annual Report for the year ended June 30, 2025, is available on the Modaraba’s website.
• 🖨️ Hard copies of the audited financial statements are available upon request.
• 💳 Dividend payments will be made electronically to certificate holders’ bank accounts.
• 📑 Certificate holders must submit their CNIC/SNIC to the Shares Registrar to avoid dividend withholding.
• ⚠️ Withholding tax on dividend income is applicable, with rates of 15% for filers and 30% for non-filers as per Finance Act, 2025.
• 🏢 Corporate certificate holders must provide a valid Income Tax Exemption Certificate to claim tax exemption.
• 🔄 Physical shares should be converted into book entry form as per SECP’s guidelines.
• 📜 Unclaimed shares and dividends can be claimed by submitting claim forms to the Share Registrar.
• 🔗 FAMCO Share Registration Services (Pvt.) Ltd. is the Share Registrar.

🎯 Investment Thesis

Given the limited information, a HOLD recommendation seems appropriate. The company appears to be performing reasonably well with a profitable year and a dividend payout. Further information is required to make a more definitive investment decision. A neutral rating is assigned as the analysis is constrained by data availability. A price target cannot be determined without a more detailed valuation analysis.