AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Lahore: In a notable display of financial resilience and strategic acumen, Orient Rental Modaraba has witnessed a robust 20% increase in its top-line revenue during the first nine months of the fiscal year 2025. The significant uptick, from PKR 1,536 million in the previous period to an impressive PKR 1,838 million, underscores the Modaraba’s efficient operations and strategic market positioning.
Supported by a well-managed asset base and proficient internal controls, Orient Rental Modaraba primarily engages in the rental and operations and maintenance of gensets and machinery. The entity benefits from its affiliation with Orient Energy Systems (Pvt.) Ltd., facilitated through its management firm, Eman Management (Pvt.) Ltd. This strategic alliance supports complementary business activities, enhancing the Modaraba’s market foothold.
A substantial portion of the Modaraba’s income stems from Ijarah Rentals, complemented by operations and maintenance agreements. The sectors serviced include textiles and food and beverages, with gensets predominantly deployed in these industries, while excavators serve construction sites. Meanwhile, O and M services are focused on the healthcare, food and beverages, and textile sectors.
The Modaraba plans to further boost its business volumes by venturing into new rental opportunities such as solar panel maintenance and battery energy storage systems. Additionally, increased emphasis on Diminishing Musharakah is anticipated to bolster growth. However, attention to cost structures is essential to support the bottom line.
From a financial risk standpoint, the Modaraba maintains an adequate profile, bolstered by manageable leverage. Continued capacity utilization and an efficient governance framework are deemed crucial for sustaining its ratings. The entity’s ability to maintain its market position, along with asset quality and profitability, remains pivotal in preserving its sound financial profile, as per The Pakistan Credit Rating Agency Limited’s assessment.