Trust Modaraba Trust Modaraba engages in the provision of diminishing musharakah, murabaha, and ijarah financing services in Pakistan. It is also involved in the investment in equity instrument of other companies and other investments; project financing; equity marketing operations; managing portfolio; trading activities; and provision of long and short-term financing, as well as consultancy and advisory services for the syndication of leasing and project financing, as well as goods under murabaha arrangements. Trust Modaraba was founded in 1991 and is headqu... [
TRSM — Trust Modaraba
Sector: Modarabas · Pakistan Stock Exchange
⚠ Prices: 6 Nov 2026 — PSX end-of-day close (feed fetched 23:14 PKT) · Fundamentals: public data collected 6 Nov 2026 · Not live prices.Summary — TRSM
| Measure | Value |
|---|---|
| Price (Rs, 6 Nov — PSX delayed feed) | 13.35 |
| Change, 6 Nov session (delayed) | +1.29% |
| Volume (shares, 6 Nov session) | 387,447 |
| Market capitalisation | Rs 397.8 mn |
| Revenue (TTM) | Rs 56.5 mn |
| Price / Earnings (P/E) | 33.80 |
| Price / Book (P/B) | 1.07 |
| Dividend yield | 0.00% |
| Return on equity (ROE) | 3.20% |
| Net margin | 17.50% |
| Debt / Equity (as reported by source) | 3.50% |
| Revenue growth, 3-year | 17.50% |
Company Snapshot
| Paid-up Capital | Rs 298.00 mn |
| Authorized Capital | Rs 700.00 mn |
| Shares Outstanding | 29.80 mn |
| Free Float | 23.84 mn |
| Free Float % | 80.0 % |
| Face Value | Rs 10.00 |
| Fiscal Year End | June |
| Avg Volume (12M) | 1,361,051 |
Capital data: SCSTRADE company snapshot, collected 6 Nov 2026.
PSX Scorecard — five checks on this stock's own data
VALUE
0/6
FUTURENo forecast data
PAST
4/6
HEALTH
4.5/6
DIVIDEND
2.5/6
Strongest: Financial health (4.5/6). Weakest: Value (0/6).
How this is scored
Scores are computed mechanically from the data on this page, 0–6 per axis, scaled over the checks that could be run — an axis with no data is labelled, never scored zero for missing data. VALUE: upside to the average analyst target (bands from +30% down), P/E and P/B below the sector median, yield above the sector median. FUTURE: S&P consensus forward EPS and revenue growth bands (only where estimates exist). PAST: revenue and EPS growth across the published financial history, latest year profitable, ROE bands. HEALTH: debt/equity bands, positive latest net margin, no loss-making year in the history. DIVIDEND: yield bands, years of recorded DPS, DPS trend, and payout (DPS ÷ EPS) at or under 100%. The full rule table is in the site's data inventory. Scores are a data summary, not a recommendation.
Performance — TRSM
1W-0.2%
1M+0.5%
3M-39.4%
6M-14.7%
1Y-80.2%
Returns computed from daily closes to 05 Nov 2026 (Yahoo Finance PSX series, collected 6 Nov 2026); each bar is scaled to the largest move shown.
52-week range — daily-close series
52-week lowRs 8.08Now Rs 13.35
+65.2% above low · −80.0% below high52-week highRs 66.83
+65.2% above low · −80.0% below high52-week highRs 66.83
Day range — 6 Nov 2026 session
Day lowRs 13.00Close Rs 13.35Day highRs 13.85
Day high/low from the official PSX market-summary feed for the 6 Nov 2026 session.
Investment Case — TRSM
Strengths — from the numbers
- Revenue grew +194.9% across the published history, FY2022–FY2026 (Rs 21m → Rs 62m).
- Debt/equity of 0.04 — below 1 (the source reports this figure as 3.50%).
Risks / watch points — from the numbers
- Net margin has fallen to 18.22% in FY2026, from 53.67% in FY2022.
- Revenue fell -10.3% in the latest year, FY2026 (Rs 70m → Rs 62m).
- Earnings per share fell -38.7% in the latest year, FY2026 (Rs 0.62 → Rs 0.38).
- Loss-making in FY2023: net income was Rs -0m.
- Share price is down -80.2% over the past year on the chart series (2025-11-06 → 2026-11-05).
Recent performance — FY2026
| Revenue | Rs 62m (-10.3% vs FY2025) |
| Net income | Rs 11m (-38.1% vs FY2025) |
| EPS | Rs 0.38 (-38.7% vs FY2025) |
| Net margin | 18.22% |
Latest published fiscal year from the financial history below (StockAnalysis figures, collected 6 Nov 2026).
Generated from the figures above — PSX Analysis data summary, not investment advice.
Quotes — TRSM
| Quote | Value |
|---|---|
| Last price (Rs) | 13.35 |
| Change, 6 Nov session | +1.29% |
| Day open, 6 Nov (Rs) | 13.01 |
| Day high, 6 Nov (Rs) | 13.85 |
| Day low, 6 Nov (Rs) | 13.00 |
| Previous close — LDCP (Rs) | 13.18 |
| Volume (shares, 6 Nov session) | 387,447 |
| Market capitalisation | Rs 397.8 mn |
| 1-year high (chart series, Rs) | 66.83 |
| 1-year low (chart series, Rs) | 8.08 |
| 1-year change (chart series) | -80.2% |
Day open/high/low and previous close (LDCP) are from the official PSX market-summary feed for the 6 Nov 2026 session, the same feed that supplies the closing price. 1-year figures are computed from the daily-close chart series below.
Last 10 trading sessions
| Date | Close (Rs) | Change |
|---|---|---|
| 05 Nov 2026 | 13.07 | +0.00% |
| 04 Nov 2026 | 13.07 | +1.40% |
| 03 Nov 2026 | 12.89 | +0.78% |
| 02 Nov 2026 | 12.79 | -2.44% |
| 30 Oct 2026 | 13.11 | +0.15% |
| 29 Oct 2026 | 13.09 | -1.21% |
| 28 Oct 2026 | 13.25 | +1.77% |
| 27 Oct 2026 | 13.02 | -0.15% |
| 26 Oct 2026 | 13.04 | -3.34% |
| 23 Oct 2026 | 13.49 | -1.60% |
Daily closes: Yahoo Finance PSX series, collected 6 Nov 2026. The series records closes only, so no volume column is shown.
Technical Chart — TRSM
Loading chart…
Daily candles — Yahoo Finance daily data to 6 Nov 2026 · End-of-day, delayed — not real-time prices.
2024-11-06 → 2026-11-06 · +245.9% over the period · 514 trading days · Moving averages, RSI and MACD are computed in your browser from the same daily bars. Trend lines connect the two most recent swing highs/lows.
1-year returns compared
| 1-year price change | Change |
|---|---|
| TRSM (this stock) | -80.2% |
| Sector median — Modarabas (median of 18 stocks in our dataset) | +11.2% |
| All listed stocks median (median of 440 stocks in our dataset) | -6.2% |
Price change only (dividends not included), from the daily-close series above.
Technicals — TRSM
Moving averages
| Average | Value (Rs) | Price vs average |
|---|---|---|
| MA20 — 20-session average | 13.53 | Price Below |
| MA50 — 50-session average | 13.98 | Price Below |
| MA200 — 200-session average | 15.20 | Price Below |
RSI (14) — 41.0 · Neutral
030 — oversold below70 — overbought above100
Wilder RSI(14) computed from the daily-close series. RSI is a momentum gauge, not a buy or sell signal.
Classic pivot levels — from the 6 Nov session
| Level | Rs |
|---|---|
| Resistance 2 (R2) | 14.25 |
| Resistance 1 (R1) | 13.80 |
| Pivot point (PP) | 13.40 |
| Support 1 (S1) | 12.95 |
| Support 2 (S2) | 12.55 |
Classic pivots from the 6 Nov 2026 session's high (Rs 13.85), low (Rs 13.00) and close (Rs 13.35) in the official PSX feed. The close sits below the pivot point.
Signals summary
| Reading | Status |
|---|---|
| Price vs MA20 | Below |
| Price vs MA50 | Below |
| Price vs MA200 | Below |
| RSI (14) zone | Neutral (41.0) |
| MACD vs signal line | Below |
| Short-term trend (MA20 vs MA50) | Down |
| Medium-term trend (MA50 vs MA200) | Down |
| Long-term trend (price vs MA200) | Down |
Trend labels compare the named averages (long-term compares the price with MA200); “Up” means the first-named sits above the second. Mechanical readings from daily closes — not investment advice.
Technicals are mechanical calculations on past prices. Based on daily closes to 05 Nov 2026. They describe momentum and recent trading ranges only — not investment advice.
Company — TRSM
| Company | Trust Modaraba |
| Symbol | TRSM |
| Sector | Modarabas |
| Market capitalisation | Rs 397.8 mn |
| Revenue (TTM) | Rs 56.5 mn |
Founded 1991 · Employees 14 — as published by StockAnalysis.
Company description: StockAnalysis company profile, collected 6 Nov 2026.
Exchange record: PSX company profile for TRSM (Pakistan Stock Exchange data portal).
Financials — TRSM
Revenue (TTM)
Rs 58m
Rs 58m
Net income (TTM)
Rs 8m
Rs 8m
EPS (TTM)
Rs 0.28
Rs 0.28
Net margin (TTM)
14.12%
14.12%
P/E
33.80
33.80
P/B
1.07
1.07
Dividend yield
0.00%
0.00%
ROE
3.20%
3.20%
Net margin
17.50%
17.50%
Debt / Equity
3.50%
3.50%
| Measure | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue (Rs m) | 21 | 38 | 73 | 70 | 62 |
| Operating income (Rs m) | -29 | -1 | 27 | 18 | 12 |
| Net income (Rs m) | 11 | -0 | 21 | 18 | 11 |
| EPS (Rs) | 0.38 | -0.00 | 0.70 | 0.62 | 0.38 |
| Net margin | 53.67% | -0.19% | 28.62% | 26.42% | 18.22% |
Trailing twelve months (to Sep 30, 2026, not a completed fiscal year): Revenue Rs 58m · Net income Rs 8m · EPS Rs 0.28 · Net margin 14.12%.
Source: StockAnalysis financials, collected 6 Nov 2026 — this stock's published history here spans FY2022–FY2026 (5 fiscal years; the source table publishes a maximum of five completed years per stock). A dash means the source did not publish that figure for that year.
Dividend History
| Dividend per share (Rs, per fiscal year) | 2024 |
|---|---|
| DPS | 0.5 |
A dash means no dividend was recorded for that year in the source. Source: StockAnalysis dividend history, collected 6 Nov 2026.
All recorded dividend payments
Payments recorded since 2024 — StockAnalysis, collected 7 Nov 2026.
| Ex-dividend date | Dividend (Rs) | Pay date |
|---|---|---|
| Oct 4, 2024 | 0.500 | Oct 18, 2024 |
Payout ratio, FY2024: dividend per share Rs 0.50 ÷ EPS Rs 0.70 = 71.4% of earnings paid out as dividends.
Valuation & Fair Value — TRSM
Fair P/E Value — sector multiple
Rs 5.11
Current price Rs 13.35 · -61.7%
Formula: sector median P/E 18.25× × EPS Rs 0.28 = Rs 5.11. Sector median across 12 Modarabas peers with a published P/E — the same basis as the median table below. EPS is the trailing-twelve-month (TTM) figure published in the dataset.
Fair P/B Value — sector multiple
Rs 13.35
Current price Rs 13.35 · +0.0%
Formula: sector median P/B 1.07× × book value per share Rs 12.48 = Rs 13.35. Sector median across 17 Modarabas peers with a published P/B — the same basis as the median table below. Book value per share implied by P/B — no snapshot book value was pulled for this stock, so it is the current price ÷ the stock's own P/B.
0 of 2 measures above the current price. Each measure stands on its own stated basis — they are deliberately not blended into a single fair value. Mechanical estimates computed from published data; not investment advice.
| Measure | TRSM | Sector median |
|---|---|---|
| Price / Earnings (P/E) | 33.80 | 18.25 |
| Price / Book (P/B) | 1.07 | 1.07 |
| Dividend yield | 0.00% | 0.00% |
| Return on equity (ROE) | 3.20% | 4.10% |
Sector median across 20 listed peers in our dataset (sector: Modarabas), computed only from peers where the measure is published; a median is shown only when at least 5 peers have the measure.
Calendar — TRSM
| Ex-dividend date | Dividend (Rs) | Pay date | Status |
|---|---|---|---|
| Oct 4, 2024 | 0.500 | Oct 18, 2024 | Paid |
Dividend dates as recorded by StockAnalysis (collected 6 Nov 2026); past payments are labelled Paid. Market-closed days that affect settlement: PSX Holidays 2026 · more yields and payers on the dividend hub.
Sector — TRSM
TRSM ranks #13 by market capitalisation among the 20 listed Modarabas stocks in our dataset. Full sector tables: Sectors.
FAQ — TRSM
What is the current TRSM share price?
Trust Modaraba (TRSM) last traded at Rs 13.35 in the 6 Nov 2026 session, +1.29% on the day. Prices on this page are the PSX end-of-day close from the official delayed feed, not live prices.
What is TRSM's 52-week range?
Across the daily-close series (2025-11-06 to 2026-11-05), TRSM traded between Rs 8.08 and Rs 66.83. The latest close in the series was Rs 13.07.
Which PSX sector is TRSM in?
Trust Modaraba (TRSM) is classified in the Modarabas sector on the Pakistan Stock Exchange.
What is the latest TRSM dividend?
Total dividend per share for fiscal 2024 was Rs 0.50; the most recent recorded payment is Rs 0.50 per share (ex-date Oct 4, 2024, pay date Oct 18, 2024). Dividend history as recorded by StockAnalysis, collected 6 Nov 2026.
What are TRSM's P/E ratio and dividend yield?
Trust Modaraba (TRSM) shows a P/E ratio of 33.80 and a dividend yield of 0.00% in the public data collected 6 Nov 2026.
Answers are generated from this page's own figures (public data collected 6 Nov 2026; prices are the 6 Nov 2026 PSX end-of-day close, not live).
Trust Modaraba (TRSM) is classified in the Modarabas sector on the Pakistan Stock Exchange.
Every figure above comes from public listings collected on 6 November 2026 (StockAnalysis and SmartMoney, merged by symbol), with the price, change and volume refreshed on 6 Nov 2026 from the official PSX delayed market feed (end-of-day close, fetched 23:14 PKT) — delayed figures, not live prices. If this stock was absent from that feed, its price is the previous latest close. A dash means the measure was not published for this stock by the sources, not that it is zero. Compare TRSM with the market's largest shares in the Top 250 screener, browse the whole market in Stocks A–Z, and read the ratios explainer in Learn.
This page is a data summary for education, not a recommendation to buy or sell TRSM.