ORM - FoxLogica

⏸️ ORM: HOLD Signal (5/10) – CORPORATE BRIEFING SESSION

⚡ Flash Summary

Orient Rental Modaraba has announced a corporate briefing session to discuss the financial performance for the year ended June 30, 2025. The briefing will take place on Thursday, November 20, 2025, at 9:30 am at the registered office of the management company in Korangi Industrial Area, Karachi. Analysts, certificate holders, and market participants are invited to attend. Attendees are required to bring their original CNIC for identification purposes.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ Corporate briefing session scheduled for November 20, 2025.
🏢 Location: Registered office in Korangi Industrial Area, Karachi.
⏰ Time: 9:30 AM local time.
💼 Aim: To brief analysts, certificate holders, and market participants.
📊 Focus: Financial performance of Modaraba for the financial year ended June 30, 2025.
🔮 Discussion on future outlook of the Modaraba.
🆔 Participants must bring original CNIC for identification.
📢 TRE Certificate Holders to be informed about the briefing.
🏢 Management company: EMAN Management (Pvt.) Ltd.

🎯 Investment Thesis

HOLD. Based on the announcement, there is no immediate basis for a buy or sell recommendation. A more informed decision can be made after the corporate briefing session where financial performance and future outlook will be discussed.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

announcements ORM Signal: SELL

📉 ORM: SELL Signal (7/10) – Presentation of Corporate Briefing Session (CBS) 2025

⚡ Flash Summary

Orient Rental Modaraba (ORM) presented its Corporate Briefing Session (CBS) for 2025, showcasing its operations as a multi-purpose, perpetual Modaraba spun off from Orient Energy Systems (OES). ORM focuses on providing Shari’ah-compliant, riba-free income through equipment rental solutions. Key services include rental power generation (100 kVA to 1770 kVA), plant operations, facility management, and construction equipment rental. Financial data indicates fluctuating profitability, with net profit at Rs 29 million for the quarter ended September 2025, significantly lower than previous years.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

Established in 1996, OES is a prominent Pakistani engineering company with over 2,000 MW installed. 🏭
ORM is managed by Eman Management (Private) Limited since December 16, 2015. 🗓️
ORM offers Shari’ah-compliant business model, providing riba-free income. ⚖️
Key services: rental of gas and diesel generators, aftersales support, and O&M. 🛠️
Rental power generation ranges from 100 kVA to 1770 kVA. ⚡
ORM has a credit rating of A- (long term) and A2 (short term) by PACRA. 信用评级
ORM possesses 149+ diesel & gas generators with a total capacity of 118 MW. ⛽
ORM has 100+ O&M and Facility Management Industrial and Corporate contracts. 🏢
ORM has over 1,500 manpower strength across Pakistan. 👨‍💼
ORM operates 30+ service vehicles all over Pakistan. 🚚
Total Assets: Rs 2,656 million (SEP 2025 Qtr) vs Rs 2,657 million (JUNE 2025). 💰
Net Profit: Rs 29 million (SEP 2025 Qtr) vs Rs 214 million (JUNE 2025). 📉
EPS: Rs 0.39 (SEP 2025 Qtr) vs Rs 2.85 (JUNE 2025). 😟
Return on Asset: 1.10% (SEP 2025 Qtr) vs 9% (JUNE 2025). 📉
Return on Equity: 1.95% (SEP 2025 Qtr) vs 15% (JUNE 2025). 📉

🎯 Investment Thesis

Based on the current financial performance, a SELL recommendation is warranted for ORM. The significant decline in net profit and EPS indicates potential operational inefficiencies or market challenges. The price target should be revised downwards to reflect the reduced earnings potential. It would be more helpful if the company explained reasons behind the abrupt reduction in Revenue, Gross Profit and Net Profit. Without knowing the reasons, one would rather SELL.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

announcements ORM Signal: BUY

📈 ORM: BUY Signal (7/10) – Credit of Final Cash Dividend

⚡ Flash Summary

ORM announced: Credit of Final Cash Dividend. Basic analysis suggests positive sentiment. Professional review recommended.

Signal: BUY 📈

Strength: 7/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

ORM made announcement: Credit of Final Cash Dividend
Automated analysis: BUY signal detected
Signal strength: 7/10
This is basic analysis – manual review recommended
Professional CFA analysis unavailable

🎯 Investment Thesis

Basic BUY indication for ORM. Manual verification required.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements ORM Signal: SELL

📉 ORM: SELL Signal (7/10) – Financial Results for the Quarter Ended September 30, 2025

⚡ Flash Summary

Orient Rental Modaraba (ORM) reported its financial results for the quarter ended September 30, 2025. The company did not declare any cash dividend, bonus shares, or right shares. The Modaraba’s financial results are detailed in Annexure ‘A’. Profit for the period decreased from 50.34 million to 29.03 million. The company’s earnings per certificate also declined.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

❌ No cash dividend, bonus shares, or right shares were announced.
📉 Profit for the quarter decreased to PKR 29.03 million compared to PKR 50.34 million in the same quarter last year.
📉 Earnings per certificate (basic and diluted) declined to PKR 0.39 from PKR 0.67 year-over-year.
📉 Ijarah rentals (net) decreased to PKR 322.63 million from PKR 351.29 million.
📈 Operation and maintenance income (net) increased to PKR 288.40 million from PKR 237.20 million.
🔻 Income from diminishing Musharaka financing was PKR 1.02 million, compared to 0 last year.
🔻 Total income increased from PKR 588.49 million to PKR 612.05 million.
🔺 Operating expenses increased to PKR 490.39 million from PKR 437.02 million.
📉 Finance costs decreased to PKR 22.16 million from PKR 31.85 million.
📉 Profit before levies and taxation decreased to PKR 77.76 million from PKR 94.89 million.
🔺 Levies increased to PKR 16.03 million from PKR 9.33 million.
🔻 Cash generated from operations decreased to PKR 46.04 million from PKR 7.79 million.
🔻 Net cash used in operating activities was PKR (64.19) million, compared to cash used of PKR (370.49) million last year.
🔻 Repayment of diminishing Musharaka financing was PKR (22.18) million compared to repayment of PKR (28.15) million last year.

🎯 Investment Thesis

Based on the declining profitability and negative cash flow from operations, a SELL recommendation is warranted. The price target needs to be re-evaluated based on a full financial model, but a likely scenario is to expect further price depreciation in the short term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements ORM Signal: HOLD

⏸️ ORM: HOLD Signal (5/10) – Transmission of Quarterly Report for the Period Ended September 30, 2025

⚡ Flash Summary

Orient Rental Modaraba’s Q1 FY26 report reveals a mixed performance. Revenue saw a modest increase, but challenges persist in the gas generator rental segment due to gas availability and low grid electricity costs. The Operation and Maintenance segment showed strong growth, with a 22% revenue increase. However, increased operating expenses and higher taxes led to a significant decline in after-tax profits from Rs. 50.3 million to Rs. 29.0 million.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

⬆️ Revenue increased slightly to Rs. 612.05 million from Rs. 588.49 million year-over-year.
📉 Gross profit decreased to Rs. 121.65 million from Rs. 151.47 million.
⚠️ Profit before management fee fell to Rs. 86.29 million from Rs. 109.41 million.
📉 Profit before levies and taxation declined to Rs. 77.76 million from Rs. 94.89 million.
⬆️ Levies increased to Rs. 16.03 million from Rs. 9.33 million.
📉 Profit before taxation dropped to Rs. 61.73 million from Rs. 85.56 million.
⬆️ Taxation decreased to Rs. 32.70 million from Rs. 35.22 million.
📉 Profit after taxation significantly decreased to Rs. 29.03 million from Rs. 50.34 million.
📉 Earnings per certificate decreased to Rs. 0.39 from Rs. 0.67.
⛽ Operation and Maintenance segment revenue rose by 22% year-over-year, showing strong performance.
⬆️ Operating expenses increased due to higher staff costs and depreciation.
⬇️ Financial charges decreased to Rs. 22.2 million due to lower borrowings and markup rates.
⚠️ Effective tax rate increased to 63% due to higher withholding tax rates.
🇵🇰 Pakistan’s economy shows signs of stabilization with a 4.1% CPI year-over-year.

🎯 Investment Thesis

Based on the mixed performance, it is a HOLD. The company faces challenges in its rental segment due to market conditions and regulatory changes, negatively impacting profitability. While the O&M segment shows promise, the overall financial performance is declining. A more comprehensive turnaround strategy needs to be observed before recommending a BUY.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements ORM Signal: HOLD

⏸️ ORM: HOLD Signal (5/10) – Board Meeting

⚡ Flash Summary

EMAN Management (Pvt.) Ltd. has announced a board meeting to be held on October 28, 2025, to consider the quarterly financial statement of Orient Rental Modaraba for the period ended September 30, 2025. The company has also declared a closed period from October 21, 2025, to October 28, 2025, during which no director, CEO, or executive of the company shall deal in the Certificates of the Modaraba. This is to comply with Clause No. 5.6.4 of the Rule Book of Pakistan Stock Exchange. The announcement was made on October 21, 2025.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📅 Board meeting scheduled for October 28, 2025.
🏢 Meeting to be held at the registered office in Karachi.
📜 Purpose: To consider the quarterly financial statement of Orient Rental Modaraba.
🗓️ Financial statement period ends September 30, 2025.
🚫 Closed period declared from October 21, 2025 to October 28, 2025.
🔒 During the closed period, insiders are restricted from dealing in Modaraba certificates.
🇵🇰 Compliance with Clause No. 5.6.4 of the Pakistan Stock Exchange Rule Book.
💼 Announcement made by M. Jamal Ahmedani, Company Secretary.
✉️ Notice addressed to the General Manager of the Pakistan Stock Exchange Limited.
🌐 Further information available at www.eman.com.pk.

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate. There is no indication of a material positive or negative catalyst. The announcement is purely procedural. Without access to the financial statements, a more informed investment decision cannot be made. I would need access to the financials to give a price target, and time horizon.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 21, 2025

announcements ORM Signal: HOLD

⏸️ ORM: HOLD Signal (6/10) – Transmission of Annual Report for the Year Ended June 30, 2025

⚡ Flash Summary

Orient Rental Modaraba (ORM) reported a 16% increase in gross turnover, reaching Rs. 2,460.4 million, primarily driven by its Operations & Maintenance segment. Net profit, however, decreased to Rs. 214 million due to rising tax rates and levies. The Board approved a cash dividend of 12%, or Rs. 1.2 per certificate. The company faces challenges such as uncertain gas supply, high maintenance costs, and increasing environmental regulations. The company’s financial position grew by 14% to Rs. 2,656.7 million despite the reduction in net profit.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

⬆️ Gross turnover increased by 16% to Rs. 2,460.4 million.
🛠️ Operations & Maintenance segment was the primary growth driver, contributing 23% to the increase.
📉 Net profit decreased to Rs. 214 million due to increased taxes and levies.
💰 Board approved a 12% cash dividend, or Rs. 1.2 per certificate.
💸 Total tax incidence computes to 49%.
❗ Finance Act 2025 raised withholding tax rates on rental and engineering services, further eroding after-tax profits.
🏦 State Bank’s policy rate reduction to 11% positively influences the economy and operations.
⚠️ Several factors continue to affect profitability, including uncertain gas supply, high maintenance costs, and regulatory requirements.
🌊 Recent floods placed significant pressures on businesses across the country, disrupting supply chains and operations.
💼 Board remains committed to pursuing new business opportunities to diversify revenue streams and tap into emerging markets.
📈 The Company’s assets grew by 14% to Rs 2,656.7 million.
🌐 The Company has a diversified portfolio.

🎯 Investment Thesis

Given the conflicting signals of increased revenue but decreased profit and significant risks, HOLD the ORM. The company is being affected by external problems, especially in Pakistani regulation.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 6, 2025

ORM PSX Announcements Signal-HOLD

⏸️ ORM: HOLD Signal – Financial Results for the Year Ended 2025-06-30

⏸️ Trading Signal & Analysis

SignalHOLD

Strength6 / 10

SentimentPOSITIVE

Financial ImpactMEDIUM

What this means: 💰 Profit News: Company made good money this quarter. When companies earn more, their stock prices usually rise because investors want to buy profitable companies.

🏢 Company & Announcement

SymbolORM

CompanyOrient Rental Mod

DateSep 23, 2025

Time8:00 AM

Announcement Title:

Financial Results for the Year Ended 2025-06-30

🧠 Investment Thesis

Orient Rental Modaraba shows moderate growth with a decent dividend payout. While the financial performance is positive, potential risks like market fluctuations and regulatory changes should be considered. A ‘HOLD’ strategy is recommended for retail investors, implying maintaining current positions and closely monitoring future developments.

📋 Key Highlights

Final cash dividend of Rs. 1.2 per certificate (12%) declared.
Ijarah rentals (revenue) increased from 1,254,740,655 to 1,386,323,155.
Profit increased from 218,370,877 to 213,990,503.
Earnings per certificate decreased from 2.91 to 2.85.
The Annual Review Meeting will be held on October 27, 2025.
Certificate Transfer Books will be closed from October 20, 2025, to October 27, 2025.

⚠️ Risk Assessment

Fluctuations in rental income due to market conditions.
Changes in regulations affecting Modaraba operations.
Increase in finance costs affecting profitability.
Impairment losses on financial assets.

📄 Source Document

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🔍 Raw Analysis Data

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{
  "sentiment": "POSITIVE",
  "signal": "HOLD",
  "strength": 6,
  "brief_summary": "Orient Rental Modaraba announced its financial results for the year ended June 30, 2025. They've declared a final cash dividend of Rs. 1.2 per certificate (12%). The company has shown increased revenue and profit compared to last year, but investors should consider both the opportunities and risks before making any investment decisions.",
  "key_points": [
    "Final cash dividend of Rs. 1.2 per certificate (12%) declared.",
    "Ijarah rentals (revenue) increased from 1,254,740,655 to 1,386,323,155.",
    "Profit increased from 218,370,877 to 213,990,503.",
    "Earnings per certificate decreased from 2.91 to 2.85.",
    "The Annual Review Meeting will be held on October 27, 2025.",
    "Certificate Transfer Books will be closed from October 20, 2025, to October 27, 2025."
  ],
  "financial_impact": "MEDIUM",
  "price_target": "Maintain current levels.",
  "risk_factors": [
    "Fluctuations in rental income due to market conditions.",
    "Changes in regulations affecting Modaraba operations.",
    "Increase in finance costs affecting profitability.",
    "Impairment losses on financial assets."
  ],
  "investment_thesis": "Orient Rental Modaraba shows moderate growth with a decent dividend payout. While the financial performance is positive, potential risks like market fluctuations and regulatory changes should be considered. A 'HOLD' strategy is recommended for retail investors, implying maintaining current positions and closely monitoring future developments.",
  "simple_note": "\ud83d\udcb0 Profit News: Company made good money this quarter. When companies earn more, their stock prices usually rise because investors want to buy profitable companies."
}

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