Trust Modaraba (PSX:TRSM)

Trust Modaraba Balance Sheet

Financials in millions PKR. Fiscal year is July - June.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Cash & Equivalents	6.86	9.07	10.38	7.4	7.69
Short-Term Investments	0.11	0.11	-	-	-
Trading Asset Securities	42.77	14.29	20.97	23.67	32.91
Cash & Short-Term Investments	49.73	23.46	31.36	31.08	40.6
Cash Growth	112.01%	-25.18%	0.90%	-23.45%	29.08%
Accounts Receivable	176.4	153.47	129.54	122.31	140.43
Other Receivables	11.02	10.22	9.38	6.25	7.94
Receivables	187.47	164.09	139.26	129.22	148.95
Prepaid Expenses	4.51	4.95	4.13	3.43	2.17
Other Current Assets	-	-	1.51	9.38	29.3
Total Current Assets	241.71	192.5	176.25	173.1	221.01
Property, Plant & Equipment	24.77	24.56	22.95	16.35	15.79
Long-Term Investments	-	-	2.28	6.27	7.28
Other Intangible Assets	0.18	0.54	0.95	0.16	-
Long-Term Accounts Receivable	123.19	151.27	135.53	66.46	21.97
Long-Term Deferred Tax Assets	2.17	1.42	1.64	2.39	1.16
Other Long-Term Assets	13.5	31.67	74.75	124.03	148.37
Total Assets	405.52	401.96	414.35	388.76	415.59

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Accrued Expenses	3.83	4.51	4.29	0.5	2.03
Short-Term Debt	5	-	-	-	5
Current Portion of Leases	2.51	2.73	1.8	1.08	0.43
Current Unearned Revenue	0.87	2.04	2.27	2.4	6.7
Other Current Liabilities	27.59	24.46	33.21	22.93	30.97
Total Current Liabilities	39.8	33.75	41.57	26.91	45.14
Long-Term Leases	5.23	7.27	6.14	1.45	1.96
Long-Term Unearned Revenue	0.14	1.01	0.91	1.01	2.37
Other Long-Term Liabilities	0.22	11.18	24.34	39.38	45.07
Total Liabilities	45.39	53.21	72.96	68.75	94.54

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Common Stock	298	298	298	298	298
Retained Earnings	62.13	50.76	47.27	28.51	28.58
Comprehensive Income & Other	-	-	-3.87	-6.5	-5.53
Shareholders' Equity	360.13	348.76	341.39	320	321.05
Total Liabilities & Equity	405.52	401.96	414.35	388.76	415.59

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Total Debt	12.74	10	7.94	2.53	7.39
Net Cash (Debt)	36.99	13.46	23.41	28.55	33.2
Net Cash Growth	174.86%	-42.52%	-17.99%	-14.02%	5.57%
Net Cash Per Share	1.24	0.45	0.79	0.96	1.11
Filing Date Shares Outstanding	29.8	29.8	29.8	29.8	29.8
Total Common Shares Outstanding	29.8	29.8	29.8	29.8	29.8
Working Capital	201.91	158.75	134.69	146.19	175.88
Book Value Per Share	12.09	11.70	11.46	10.74	10.77
Tangible Book Value	359.96	348.21	340.44	319.85	321.05
Tangible Book Value Per Share	12.08	11.69	11.42	10.73	10.77
Land	10.73	10.73	10.73	10.73	10.73
Machinery	10.55	8.28	8.08	7.26	6.7
Leasehold Improvements	0.7	0.7	0.7	0.7	0.7

Data Source: S&P Global Market Intelligence Last updated: Oct 1, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 14, 2026

Data Sources Report a data error