Karachi: AKD Securities Limited has reported a substantial rise in profit for the fiscal year ending June 2025, as detailed in its financial results published on November 25, 2025. The company experienced a 151% year-on-year increase in profit after tax, reaching 3.16 billion rupees, driven largely by a rise in trading volumes and investment gains.
The company’s total revenue surged by 106% to 5.47 billion rupees from the previous year’s 2.66 billion rupees. This rise was attributed to a 54% increase in operating revenue, as higher trading volumes at the Pakistan Stock Exchange (PSX) played a pivotal role. Equity brokerage remained a key component, contributing 1.92 billion rupees in brokerage income, up more than 65% from the prior year. The growth was supported by enhanced digital trading activity and increased participation from high-net-worth individuals and retail investors. Non-equity brokerage, including money markets, foreign exchange, and commodities, also saw a 27% increase year-on-year.
According to information available from the Pakistan Stock Exchange (PSX), the average trading volumes per day witnessed a very large move, increasing by 35% to 830 million shares compared to 616 million shares in the previous year. This substantial boost in trading activity was a significant contributor to the company’s robust financial performance.
Operating expenses rose by 47% year-on-year, influenced by inflationary pressures and investments in human resources and digital platforms. Despite the increase in costs, the cost-to-income ratio improved, reflecting a 29% decline. Financial charges experienced a 40% decrease due to a major principal repayment and a reduction in the prevailing Karachi Interbank Offered Rate (KIBOR).
Investment gains saw a remarkable rise, with a 479% increase from the previous year, amounting to 2.49 billion rupees. Financial income grew by 22%, whereas other income declined by 25%, reflecting fluctuations in the company’s revenue streams.
The company declared a consistent dividend of 20%, with a dividend yield showing a minor move, increasing to 10%. However, the dividend payout ratio dropped significantly by 60% compared to the previous year.
AKD Securities’ earnings per share more than doubled, with a 150% increase to 5.66 rupees, while the return on equity nearly doubled, marking a 97% rise to 26%. The break-up value per share rose 28%, indicating a growing asset value for shareholders.
In the broader market context, the current price-to-earnings ratio for Pakistan stands at 7.6, with the MSCI Frontier Markets and Emerging Markets indices showing premiums over the KSE-100 index at 54% and 108% respectively. These figures underscore the competitive positioning of the Pakistani market in the global investment landscape.
The financial results demonstrate AKD Securities’ strong performance amid a dynamic trading environment, highlighting its strategic investments and adaptability in the face of economic challenges.