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Company valuation reports, peer comparisons, results notes, industry reports and macro views, built from company filings and official data and independently reviewed before publishing. Company reports show their full model as view-only sheets. Facts and estimates, not investment advice.
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Company · DSE:IFADAUTOS · Autos & motorcycles · Analysis · 29 Oct 2026
IFAD Autos: a BDT 27.8bn instalment book funded by BDT 29.7bn of bank lines; FY2026 EPS back to BDT 0.45 after three loss years
Vehicle units rose 22% to 3,637 in FY2025 and 9M FY2026 sales were up 25%, but receivables equal 1138 days of sales, 86% are more than six months old, and financial expenses ate all of FY2025 operating profit.
Company · DSE:RUNNERAUTO · Autos & motorcycles · Analysis · 29 Oct 2026
Runner Automobiles: three-wheelers and Eicher trucks carry the group, but BDT 11.7bn of debt takes most of the operating profit
FY2026 EPS rose to BDT 1.70 from 0.90 on a strong fourth quarter; financial expenses were 16.9% of FY2025 revenue and operating profit covered them 1.07 times. Receivables have fallen from 504 to 233 days of sales since 2023.