Karachi: 786 Investments Limited has announced a substantial increase in its financial performance for the fiscal year ending June 30, 2025, showcasing significant improvements across various metrics. The company's corporate briefing session held on November 15, 2025, detailed these developments.
The company reported a very large increase in income on debt securities, which rose by 726.60%, primarily driven by the redemption of Silk Bank TFC and effective portfolio management. Profit before taxation saw a big move with a rise of 283.40%, reflecting strong financial management and operational efficiency. Furthermore, profit after taxation experienced a very large surge of 525.89%, underscoring exceptional profitability and growth. Earnings per share also exhibited a very large increase of 523.68%, reaching PKR 2.37, thereby delivering robust shareholder value.
Management fees saw a minor move with a rise of 2.67%, signaling steady business expansion. Meanwhile, financial charges experienced a very large decline of 46.34%, attributed to reduced borrowings and efficient treasury operations. Despite inflationary pressures, administration and operating expenses saw a moderate move with an increase of 26.51%, remaining well-controlled.
Total equity increased by 14.98% and total assets grew by 14.80%, both reflecting balanced growth and efficient resource utilization. According to information available from the Pakistan Stock Exchange (PSX), these figures indicate strong retained earnings and improved financial stability.
The 786 Islamic Money Market Fund reported a fund size of 437.28 million, with a NAV of 100.4003. The Board of Directors announced a cash dividend of PKR 4.16138 per unit on June 24, 2025. The fund's return for the period up to June 2025 was 8.64%, with a fiscal year-to-date return of 10.45%, compared to a benchmark of 6.63% and 9.93%, respectively.
The 786 Smart Fund revealed a year-to-date return of 14.57% for FY 2025, significantly outperforming its benchmark of 10.37%. For FY 2024, the fund return was 23.17% against a benchmark of 10.10%. The net asset value for this period rose to 1.51 billion, marking a 72.17% change in total NAV, with a NAV per unit of 84.06. The Board of Directors approved a cash dividend of PKR 11.6306 per unit for the year ended June 30, 2025, representing 14.57% of the par value of PKR 100 per unit.
The 786 Smart Fund's performance over the last ten years has shown a remarkable range of returns, with FY 2025 yielding 14.57%, compared to its benchmark of 10.37%. The fund's peer group average return over five years was 13.57%.