FIMM - FoxLogica

⏸️ FIMM: HOLD Signal (6/10) – Holding of Corporate Briefing Session – 2025

⚡ Flash Summary

First Imrooz Modaraba’s corporate briefing session for the financial year ended June 30, 2025, will be held online on November 25, 2025. The Modaraba reported a slight decrease in turnover from Rs. 1,260.14 million in 2024 to Rs. 1,247.44 million in 2025. However, gross profit increased from Rs. 268.06 million to Rs. 289.92 million during the same period. Net profit also increased to Rs. 95.45 million, attributed to a favorable court judgment and exchange rates.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ Corporate Briefing Session scheduled for November 25, 2025.
💻 Session will be held online via Zoom.
🌐 Zoom Meeting ID: 891 9410 5966, Passcode: 12345.
📧 Contact Person’s email: sheheryar.ali@imrooz.com.
📉 Turnover slightly decreased from Rs. 1,260.14 million in 2024 to Rs. 1,247.44 million in 2025.
📈 Gross Profit increased from Rs. 268.06 million in 2024 to Rs. 289.92 million in 2025.
📊 Gross Profit rate improved from 21.3% to 23.2%.
💰 Net profit stood at Rs. 95.45 million due to favorable factors.
⚖️ Favorable judgment by the Sindh High Court positively impacted profits.
💹 Favorable exchange rates contributed to increased profits.
🌱 Management has a positive outlook due to stable exchange rates and sales momentum.
🏭 FIM trades in industrial raw materials, not financial services.
🏆 FIM has been selected as one of the Top 25 Companies on the Pakistan Stock Exchange.
🏢 FIM has offices in Karachi and Lahore.

🎯 Investment Thesis

HOLD. The increase in profitability due to a one-time favorable event is a positive, but the slight decrease in revenue raises concerns about the sustainability of growth. While improved profitability metrics support a positive outlook, external risks and stagnant revenue growth suggest a neutral investment stance until further sustainable growth is demonstrated.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

announcements FIMM Signal: HOLD

⏸️ FIMM: HOLD Signal (5/10) – Credit of Final Cash Dividend for the year ended 30-June-2025

⚡ Flash Summary

First Imrooz Modaraba has declared a final cash dividend of Rs. 0.15 per certificate for the year ended June 30, 2025. This dividend will be electronically credited on November 10, 2025, through Bank AL Habib Limited to the designated bank accounts of certificate holders who have provided their IBAN. The company has also uploaded this information on the PSX web portal through PUCARS. This announcement confirms the company’s commitment to distributing profits to its certificate holders.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

💰 Final cash dividend declared for the year ended June 30, 2025.
💵 Dividend amount: Rs. 0.15 per certificate.
📅 Electronic credit date: November 10, 2025.
🏦 Credited through Bank AL Habib Limited.
📝 Applicable to certificate holders with provided IBAN.
🌐 Information uploaded on PSX web portal via PUCARS.
✅ Announcement made by First Imrooz Modaraba.
🏢 Shabbir Ahmed Jamsa, Company Secretary, signed the notice.
💼 A R Management Services (Pvt) Limited is the management company.
🇵🇰 The company is listed on the Pakistan Stock Exchange.

🎯 Investment Thesis

HOLD. Based solely on the announcement of a dividend payment, a HOLD recommendation is appropriate. While the dividend is a positive sign, there is insufficient information to determine if this represents a sound investment opportunity. Further investigation into the company’s financial performance, growth prospects, and risk profile is required before making a more definitive recommendation. Additionaly a deeper dive on the risk reward is also needed. At this time a change in sentiment is not recommended.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 10, 2025

announcements FIMM Signal: HOLD

⏸️ FIMM: HOLD Signal (5/10) – Credit of Final Cash Dividend for the year ended 30-June-2025

⚡ Flash Summary

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

💰 Final cash dividend declared for the year ended June 30, 2025.
💵 Dividend amount: Rs. 0.15 per certificate.
📅 Electronic credit date: November 10, 2025.
🏦 Credited through Bank AL Habib Limited.
📝 Applicable to certificate holders with provided IBAN.
🌐 Information uploaded on PSX web portal via PUCARS.
✅ Announcement made by First Imrooz Modaraba.
🏢 Shabbir Ahmed Jamsa, Company Secretary, signed the notice.
💼 A R Management Services (Pvt) Limited is the management company.
🇵🇰 The company is listed on the Pakistan Stock Exchange.

🎯 Investment Thesis

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 10, 2025

announcements FIMM Signal: SELL

📉 FIMM: SELL Signal (8/10) – Financial Results for the Quarter Ended September 30, 2025

⚡ Flash Summary

First Imrooz Modaraba reported a challenging quarter ending September 30, 2025, with a loss of PKR 2.185 million compared to a profit of PKR 29.162 million in the same period last year. Sales decreased from PKR 308.119 million to PKR 252.402 million. The decrease in profitability is attributed to lower sales and higher levies. The company’s cash flow from operating activities also shows a significant decline compared to the previous year, emphasizing the need for strategic adjustments.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Net loss of PKR 2.185 million compared to a profit of PKR 29.162 million YoY.
📉 Sales decreased by 18.08% from PKR 308.119 million to PKR 252.402 million YoY.
💰 Operating expenses increased to PKR 32.996 million from PKR 26.193 million YoY.
💸 Financial charges decreased to PKR 5.703 million from PKR 8.078 million YoY.
📊 Basic and diluted loss/earnings per certificate is PKR -0.73 compared to PKR 9.72 YoY.
⬇️ Cash generated from operating activities decreased from PKR -101.19 million to PKR 12.130 million YoY.
liabilities increased from PKR 169.485 million to PKR 25.264 million YoY.
⬆️ Cash generated from investing activities decreased from PKR 15,000 to PKR -9.048 million YoY.
⬆️ Receipts of Qard-e-Hasana from Modaraba Management Company decreased from PKR 133.00 million to PKR 69.00 million YoY.
⬇️ Repayment of Musharaka finances decreased from PKR -438.844 million to PKR -419.978 million YoY.
❌ No dividends were declared for the period.
🏦 Cash and bank balances decreased to PKR 5.918 million from PKR 13.928 million YoY.
⚠️ Company faced significant pressure on profitability and cash flow during the quarter.
🤔 Decline in sales and increase in levies contributed to the net loss.

🎯 Investment Thesis

Given the negative financial performance, including a net loss and declining revenue, a SELL recommendation is warranted. The price target is PKR 5, with a time horizon of 6 months, based on the expectation of continued market pressures and operational inefficiencies. The company needs to demonstrate significant improvements in profitability and cash flow to justify a more positive outlook. Without substantial changes, the stock is likely to underperform.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements FIMM Signal: SELL

📉 FIMM: SELL Signal (7/10) – Transmission of Quarterly Report for 1st Quarter Ended September 30, 2025

⚡ Flash Summary

First Imrooz Modaraba reported a net loss of Rs. 2.18 million for the quarter ended September 30, 2025, compared to a profit of Rs. 29.16 million in the same period last year. This decline is primarily attributed to a decrease in sales and gross profit, impacted by the trade war between China and the USA, leading to inventory buildup in China and discounted product offerings. Sales decreased from Rs. 308.11 million to Rs. 252.40 million, while gross profit fell from Rs. 74.68 million to Rs. 50.11 million. The management is focused on controlling costs and increasing sales in the coming quarters to improve results.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Net loss of Rs. 2.18 million compared to a profit of Rs. 29.16 million YoY.
📉 Sales decreased from Rs. 308.11 million to Rs. 252.40 million YoY.
📉 Gross profit declined from Rs. 74.68 million to Rs. 50.11 million YoY.
🇨🇳 Trade war between China and USA impacting sales due to inventory buildup.
📉 Loss per certificate (basic & diluted) is Rs. (0.73) compared to earnings of Rs. 9.72 last year.
⚠️ Modaraba has a substantial stock of products needing to be sold at a discount.
⬆️ Operating expenses increased from Rs. 26.19 million to Rs. 33.0 million YoY.
⬇️ Other income decreased from Rs. 0.94 million to Rs. 0.13 million YoY.
🏢 Management focusing on cost control and increasing sales.
🏦 Multiple banking facilities utilized, including Diminishing Musharaka and Musawamah.
⚖️ Contingency related to Sindh Workers Welfare Fund (SWWF) under appeal.
🧾 Post-dated cheques issued to Collector of Customs amount to Rs. 74.920 million.
🤝 Related party transactions include expenses and rent with Group Companies.
🗓️ Financial information approved for issue on October 28, 2025.

🎯 Investment Thesis

Recommendation: SELL. Rationale: The significant decline in financial performance, including a net loss, decreased sales and gross profit, and challenges in managing inventory, makes First Imrooz Modaraba unattractive for investment. The ongoing trade war and its impact on sales necessitate a conservative approach. Price Target: Rs. 8/- Time Horizon: Short-term (6 months) due to potential for future improvement if management’s cost-control and sales-increase efforts are successful.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements FIMM Signal: HOLD

⏸️ FIMM: HOLD Signal (5/10) – Board Meeting – 1st Quarter Ended September 30, 2025

⚡ Flash Summary

First Imrooz Modaraba has announced a board meeting scheduled for October 28, 2025, to approve the financial statements for the quarter ended September 30, 2025. In compliance with PSX rules, a closed period will be observed from October 21 to October 28, 2025, during which directors, the CEO, and executives are prohibited from dealing in the Modaraba’s certificates. This announcement indicates the impending release of the company’s financial performance for the quarter. The information has been uploaded to the PSX web portal PUCARS for TRE Certificate Holders.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ Board meeting scheduled for October 28, 2025, to approve financial statements for Q1 2026.
🔒 Closed period enforced from October 21 to October 28, 2025, in accordance with PSX Rule 5.6.4.
🚫 Directors, CEO, and executives are restricted from trading Modaraba certificates during the closed period.
🌐 Information uploaded on PSX web portal PUCARS for TRE Certificate Holders.
🏢 Meeting will be held at 405, 4th Floor, Beaumont Plaza, Beaumont Road, Civil Lines Quarters, Karachi at 10:30 a.m..
📜 Financial statements under consideration are for the quarter ended September 30, 2025.
👤 Sheheryar Ali, Chief Financial Officer, signed the announcement on behalf of First Imrooz Modaraba.

🎯 Investment Thesis

HOLD. Without the financial results, it’s not possible to revise the recommendation. Monitoring of the actual financial performance is needed for a more informed investment decision.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 21, 2025

announcements FIMM Signal: HOLD

⏸️ FIMM: HOLD Signal (5/10) – Transmission of Annual Report of First Imrooz Modaraba for the year ended 30-June-2025

⚡ Flash Summary

FIMM announced: Transmission of Annual Report of First Imrooz Modaraba for the year ended 30-June-2025. Basic analysis suggests neutral sentiment. Professional review recommended.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

FIMM made announcement: Transmission of Annual Report of First Imrooz Modaraba for the year ended 30-June-2025
Automated analysis: HOLD signal detected
Signal strength: 5/10
This is basic analysis – manual review recommended
Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for FIMM. Manual verification required.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 6, 2025

announcements FIMM Signal: HOLD

⏸️ FIMM: HOLD Signal (5/10) – Notice of Annual Review Meeting for the year ended 30-June-2025

⚡ Flash Summary

First Imrooz Modaraba has announced the Annual Review Meeting for certificate holders, scheduled for October 27, 2025, at 11:30 a.m. The meeting will take place at the Registered Office of the Modaraba Company in Lahore. The announcement, dated October 6, 2025, was addressed to the General Manager of the Pakistan Stock Exchange Ltd. This communication ensures that TRE Certificate Holders are informed about the meeting.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ Annual Review Meeting scheduled for October 27, 2025.
📍 Meeting will be held at 11:30 a.m. local time.
🏢 Location: Registered Office of First Imrooz Modaraba in Lahore.
📜 Addressed to certificate holders of First Imrooz Modaraba.
🏢 Company situated at 125-S, Small Industrial Area, Kot Lakhpat, Lahore.
📢 TRE Certificate Holders of the Exchange to be informed.
🌐 Information uploaded on PSX web portal PUCARS.
✉️ Announcement dated October 6, 2025.
🏢 Addressed to The General Manager, Pakistan Stock Exchange Ltd.
✍️ Signed by Shabbir Ahmed Jamsa, Company Secretary.
🏢 Representing A R Management Services (Pvt) Ltd.

🎯 Investment Thesis

Given the limited information—specifically, the absence of financial data and strategic context—a definitive investment recommendation (BUY/SELL/HOLD) is not feasible. A neutral stance (HOLD) is appropriate, contingent on a comprehensive financial and operational review.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 6, 2025

FIMM PSX Announcements Signal-BUY

📈 FIMM: BUY Signal – First Imrooz Modaraba Annual Results for the year ended 30 June 2025

📈 Trading Signal & Analysis

SignalBUY

Strength7 / 10

SentimentPOSITIVE

Financial ImpactHIGH

What this means: 📈 Positive News: This announcement is good for the company. Stock price may rise as investors become more interested in buying.

🏢 Company & Announcement

SymbolFIMM

CompanyFirst Imrooz Modaraba

DateSep 29, 2025

Time3:18 PM

Announcement Title:

First Imrooz Modaraba Annual Results for the year ended 30 June 2025

🧠 Investment Thesis

First Imrooz Modaraba’s increased profitability and generous dividend payout make it an attractive investment for Pakistani retail investors seeking stable income and potential capital appreciation. The company’s effective cost management and strong financial performance indicate a positive outlook.

📋 Key Highlights

Final profit distribution of Rs. 15 per certificate (150%) was announced.
Profit after taxations increased to Rs. 95.446 million from Rs. 72.318 million in the previous year.
Earnings per certificate increased to Rs. 31.82 from Rs. 24.11.
Sales saw a decrease from 1,260.138 million to 1,247.436 million.
Operating expenses decreased significantly, contributing to higher operating profit.
Total Assets increased from 539.691 million to 678.837 million
Shareholder Equity increased from 221.857 million to 272.304 million

⚠️ Risk Assessment

Changes in the regulatory environment affecting Modaraba operations.
Market fluctuations affecting the value of investments.
Potential increase in financial charges.
Management of running Musharaka and Musawamah finances.

📄 Source Document

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🔍 Raw Analysis Data

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{
  "sentiment": "POSITIVE",
  "signal": "BUY",
  "strength": 7,
  "brief_summary": "First Imrooz Modaraba announced strong annual results with a significant increase in profit distribution to certificate holders. Sales saw slight decrease while still managing to keep profits high due to reduced expenses. The company has increased its profit distribution per certificate, showing financial strength and commitment to investors.",
  "key_points": [
    "Final profit distribution of Rs. 15 per certificate (150%) was announced.",
    "Profit after taxations increased to Rs. 95.446 million from Rs. 72.318 million in the previous year.",
    "Earnings per certificate increased to Rs. 31.82 from Rs. 24.11.",
    "Sales saw a decrease from 1,260.138 million to 1,247.436 million.",
    "Operating expenses decreased significantly, contributing to higher operating profit.",
    "Total Assets increased from 539.691 million to 678.837 million",
    "Shareholder Equity increased from 221.857 million to 272.304 million"
  ],
  "financial_impact": "HIGH",
  "price_target": "Potential for moderate increase in certificate value due to improved profitability and dividend yield.",
  "risk_factors": [
    "Changes in the regulatory environment affecting Modaraba operations.",
    "Market fluctuations affecting the value of investments.",
    "Potential increase in financial charges.",
    "Management of running Musharaka and Musawamah finances."
  ],
  "investment_thesis": "First Imrooz Modaraba's increased profitability and generous dividend payout make it an attractive investment for Pakistani retail investors seeking stable income and potential capital appreciation. The company's effective cost management and strong financial performance indicate a positive outlook.",
  "simple_note": "\ud83d\udcc8 Positive News: This announcement is good for the company. Stock price may rise as investors become more interested in buying."
}

Disclaimer: This analysis is AI-generated and for informational purposes only. It is not financial advice. Please conduct your own research before making any investment decisions.

Written by: FoxLogica News Analysis

Published on: September 30, 2025

FIMM PSX Announcements Signal-HOLD

⏸️ FIMM: HOLD Signal – Board Meeting for the year ended 30 June 2025

⏸️ Trading Signal & Analysis

SignalHOLD

Strength5 / 10

SentimentNEUTRAL

Financial ImpactMEDIUM

What this means: 🏢 Meeting News: Company board is meeting to make important decisions. Stock price may move after the meeting based on what they decide.

🏢 Company & Announcement

SymbolFIMM

CompanyFirst Imrooz Modaraba

DateSep 22, 2025

Time12:10 PM

Announcement Title:

Board Meeting for the year ended 30 June 2025

🧠 Investment Thesis

Hold existing positions and await the release of the annual financial statements to gain a better understanding of the company’s performance and future prospects before making any investment decisions.

📋 Key Highlights

Board meeting scheduled for September 29, 2025, to approve annual financial statements.
Closed period for trading from September 22 to September 29, 2025.
Directors, CEO, and executives are prohibited from trading during the closed period.

⚠️ Risk Assessment

The announcement itself does not present any immediate risk factors.
The closed period may limit trading activity in the short term.

📄 Source Document

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🔍 Raw Analysis Data

Click to view JSON data

{
  "sentiment": "NEUTRAL",
  "signal": "HOLD",
  "strength": 5,
  "brief_summary": "First Imrooz Modaraba is holding a board meeting on September 29, 2025, to approve the annual financial statements for the year ended June 30, 2025. There will be a closed period for trading of the company's certificates from September 22 to September 29, 2025, during which directors, CEO, and executives are prohibited from trading.",
  "key_points": [
    "Board meeting scheduled for September 29, 2025, to approve annual financial statements.",
    "Closed period for trading from September 22 to September 29, 2025.",
    "Directors, CEO, and executives are prohibited from trading during the closed period."
  ],
  "financial_impact": "MEDIUM",
  "price_target": "No immediate price movement is expected, but the annual financial statements will provide insights into the company's performance.",
  "risk_factors": [
    "The announcement itself does not present any immediate risk factors.",
    "The closed period may limit trading activity in the short term."
  ],
  "investment_thesis": "Hold existing positions and await the release of the annual financial statements to gain a better understanding of the company's performance and future prospects before making any investment decisions.",
  "simple_note": "\ud83c\udfe2 Meeting News: Company board is meeting to make important decisions. Stock price may move after the meeting based on what they decide."
}

Disclaimer: This analysis is AI-generated and for informational purposes only. It is not financial advice. Please conduct your own research before making any investment decisions.

Written by: FoxLogica News Analysis

Published on: September 23, 2025