Current Price: ~135.41 | Dividend Yield: ~9.2% 💰 Dividend Announcement The Board has recommended a final cash dividend of Rs. 12.50 per share (125%). No interim dividend was paid during the year. No bonus shares or right shares were announced. The Annual General Meeting is scheduled for September 25, 2026. Share transfer books will remain closed from September 19 to September 25, 2026. 📊 Financial Performance – Strong Growth Across the Board Arif Habib Limited has delivered a strong FY2026 result with significant growth in operating revenue, profitability, cash generation, and shareholder returns. Operating Revenue: Operating revenue jumped 45% to Rs. 2.29 billion from Rs. 1.58 billion – reflecting robust business activity and improved core operations. Investment Performance: Realized gains on investments stood at Rs. 1.16 billion, up 6% from Rs. 1.10 billion. Net unrealized gains on investments contributed Rs. 46.2 million, while other operating income added Rs. 377.9 million. Profitability: Profit before tax increased 24% to Rs. 1.67 billion from Rs. 1.35 billion. Profit after tax grew 20% to Rs. 1.18 billion from Rs. 982 million. Earnings per share improved to Rs. 18.06 from Rs. 15.02 – growth of 20%. Unconsolidated Results: Standalone PAT increased from Rs. 979.3 million to Rs. 1.18 billion, with EPS improving from Rs. 14.99 to Rs. 18.01. Operating revenue increased from Rs. 1.54 billion to Rs. 2.25 billion. 💰 The Dividend Story The final dividend of Rs. 12.50 per share (125%) is a significant increase compared to the previous year's dividend of 100% (approx. Rs. 6.53 per share on adjusted basis). This represents a meaningful boost in shareholder returns and reflects management's confidence in the company's earnings sustainability. 🏦 Balance Sheet – Significant Expansion Total assets grew 52% to Rs. 10.94 billion from Rs. 7.18 billion. Key movements include: - Short-term investments: Rs. 2.66 billion vs Rs. 1.10 billion - Margin financing receivables: Rs. 475 million vs Rs. 270 million - Cash and bank balances: Rs. 6.22 billion vs Rs. 3.75 billion

Financials Q1 2026

Fauji Cement + Attock Cement = bigger market coverage and stronger scale. Fauji Cement is stronger in the *North/Central region, while Attock Cement gives access to the **South, especially Karachi/Sindh*. So the potential benefits are: * wider market coverage * lower transport/logistics cost * better use of plants and distribution * stronger purchasing power * higher combined sales and profits * stronger competitive position Simple example: Instead of Fauji Cement transporting cement from the North to Karachi, Attock Cement’s southern presence can serve that market more efficiently. For investors, the key question is: Will the extra profit from Attock Cement be greater than the cost Fauji Cement pays for the acquisition? If yes, it can create value for FCCL shareholders. If not, it may put pressure on returns.

Time Cycle & Chart Behaviour — PRL PRL has shown a remarkably consistent 9-bar / 63-day impulse cycle. The first two cycles produced 174.58% and 103.95% moves, followed by corrections of roughly 41–51%. The current cycle has again completed 9 bars / 63 days, delivering a 126.74% impulse move. Historically, this structure has been followed by a significant retracement before the next accumulation phase. Key observation: Time cycle + price behaviour are repeating with notable consistency.