Arif Habib Limited Corporate Briefing Session Presentation FY26

Key takeaways

• Arif Habib Limited proposed a final cash dividend of Rs. 12.50 per share amounting to Rs. 816.750 million for FY26, subject to approval at the Annual General Meeting scheduled for September 25, 2026.
• Operating revenue grew 46% year-on-year to PKR 2,247 million in FY26, driven by higher brokerage commissions, fee income from increased PSX trading volumes, and growth in investment banking.
• Profit after tax increased by 20% year-on-year to PKR 1,177 million for FY26, resulting in an earnings per share (EPS) of PKR 18.01 compared to PKR 14.99 in FY25.
• Investment banking division generated PKR 456 million in revenue during FY26, supported by mandates such as the PKR 7.8 billion IPO of Service Long March Tyres and advisory on the PKR 87 billion Rafhan Maize transaction.
• Total equity strengthened by 27% to PKR 2,449 million as of June 30, 2026, up from PKR 1,926 million in FY25, driven by a 42% increase in reserves.
• Short-term equity investments doubled by 141% to PKR 2,659 million as of June 30, 2026, reflecting opportunistic deployment of surplus liquidity amid a strong KSE-100 index return.
• Total customer accounts reached 60,180 to date, up from 50,615 accounts recorded as of June 30, 2026.
• Roshan Digital Account (RDA) holdings stood at 7,024 accounts representing a 32.21% market share of total RDA accounts.
• EBITDA for FY26 increased by 29% year-on-year to PKR 1,901 million compared to PKR 1,478 million in FY25.
• Operating expenses increased by 31% to PKR 1,975 million in FY26 due to higher employee costs, technology investments, and expanded operational activities.
• Finance cost rose by 74% to PKR 149 million in FY26, primarily due to higher borrowing costs and increased utilization of financing facilities for investment and working capital requirements.
• Credit rating agencies JCR-VIS and PACRA maintained AHL ratings at AA-/A-1 for long/short term, BMR1 for management rating, and BFR1 for broker fiduciary rating.