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Company · DSE:SAMORITA · Pharma & healthcare · Analysis · 01 Nov 2026
Samorita Hospital: revenue BDT 401.4m in FY2025, land BDT 884.3m on the balance sheet, FY2026 EPS BDT 1.12
Revenue reached BDT 401.4m in FY2025 and the DSE-announced FY2026 EPS rose to BDT 1.12 from 0.62; net margin has stayed between 0.2% and 4.8% since FY2022, the auditor qualified the FY2025 accounts on WPPF and gratuity, and the stock trades at 74x FY2026 EPS and 1.71x NAV.
Company · DSE:SBACBANK · Banks · Analysis · 01 Nov 2026
SBAC Bank: NPL near 20%, a BDT 10.2bn provision shortfall deferred by Bangladesh Bank, and a qualified 2025 audit
Classified loans rose from 5.9% of loans in 2023 to 19.9% at Dec-2025; the bank kept BDT 3.3bn of a BDT 13.6bn required provision under a BB deferral, the auditor qualified its opinion, profit fell to BDT 7m and the shares moved to DSE's Z category in April 2026.
Company · DSE:ACMEPL · Chemicals, paints & gases · Analysis · 01 Nov 2026
ACME Pesticides: revenue down 71% in four years, a gross loss, receivables at 441 days and a qualified audit
Revenue fell from BDT 1,683m (FY2021) to BDT 482m (FY2025) and another 22% in the nine months to March 2026; the company sells below cost, collects slowly, has not paid its lessor or bank, and its IPO cash sits frozen at Southeast Bank.
Company · DSE:POWERGRID · Power transmission · Analysis · 31 Oct 2026
Power Grid Bangladesh: FY2025 net loss of BDT 2,106.2m with a BDT 9,341.9m foreign-exchange loss; 9M FY2026 profit of BDT 5,703.0m and a qualified audit
Revenue rose in each of the 5 years FY2021-FY2025, to BDT 30,997.9m in the year to 30-Jun-2025. Net results were losses in FY2023, FY2024 and FY2025, years with foreign exchange losses on foreign-currency loans. Capital works-in-progress was 54.6% of total assets at 30-Jun-2025.
Company · DSE:SALVO · Chemicals · Analysis · 31 Oct 2026
Salvo Organic Industries: FY2026 revenue of BDT 3,113.6m, gross margin of 9.6% and a qualified audit; bank borrowings down to BDT 618.8m
Revenue rose in 6 of the 7 years FY2020-FY2026, to BDT 3,113.6m in the year to 30-Jun-2026. Gross margin was 29.6% in FY2019 and 9.6% in FY2026. Financial charges were 53.3% of profit from operation in FY2026. The auditor qualified the FY2026 accounts on the employee-benefit funds.
Company · DSE:SHEPHERD · Textiles: yarn dyeing (sweater yarn) · Analysis · 31 Oct 2026
Shepherd Industries: a qualified FY2025 audit, 37.1% use of its yarn-dyeing capacity and FY2026 EPS of BDT (1.60)
A 100% export-oriented sweater-yarn dyer at Bhaluka, Mymensingh. FY2025 revenue was BDT 2,286.5m and financial expenses were BDT 245.1m; nine-month FY2026 revenue was BDT 791.1m and the board recommended no dividend for FY2026.
Company · DSE:NTLTUBES · Engineering · Analysis · 31 Oct 2026
National Tubes: FY2025 profit of BDT 59.9m on revenue of BDT 486.9m, a qualified audit with nine emphasis paragraphs, and a 9M FY2026 loss of BDT 55.8m
The state-controlled steel pipe maker reported FY2025 revenue down 15.0% and a profit after tax of BDT 59.9m under a qualified opinion. Net sales for the nine months to 31-Mar-2026 were BDT 181.5m (down 49.9%) with a loss after tax of BDT 55.8m; finished goods stood at BDT 435.2m at 30-Jun-2025.
Company · DSE:DACCADYE · Textiles: home-textile weaving, dyeing and printing · Analysis · 31 Oct 2026
Dacca Dyeing: frozen bank loans of BDT 1,252m, a qualified FY2025 audit with a going-concern paragraph, and NAV per share of BDT (18.23) at March 2026
A Tongi home-textile mill: dyeing and printing output was 10.5% of installed capacity in FY2025 (derived); Titas Gas disconnected its gas on 26-Jul-2023; NAV per share was BDT (16.99) at 31-Dec-2025 after the company recognised additional bank interest (DSE 1-Feb-2026).
Company · DSE:ALLTEX · Textiles: woven fabric dyeing and printing (home textile) · Analysis · 31 Oct 2026
Alltex Industries: a qualified FY2025 audit, BDT 3,075m of bank loans against BDT 379.5m of turnover, and FY2026 EPS of BDT 0.27
A Rupganj home-textile dyeing and printing mill that used 1.11% of its stated capacity in FY2025 and had no export sales; Bangladesh Bank re-fixed its loans at three banks in 2025 and the auditor qualified the accounts on going concern and loan interest.
Company · DSE:FUWANGCER · Ceramics & glass · Analysis · 31 Oct 2026
Fu-Wang Ceramic Industry: FY2025 Finance Expenses of BDT 183.6m and Operating Profit of BDT 225.7m; borrowings of BDT 7.6bn, 4.6x equity, at March 2026
Turnover was flat at BDT 1,080m in FY2025 and gross margin rose to 26.2%, and profit after tax fell to BDT 14.3m. Borrowings reached BDT 7.60bn at March 2026, 4.6x equity. Nine-month EPS to March 2026 was BDT 0.01, the FY2025 audit opinion is qualified, and the FY2026 annual results are not yet announced.
Company · DSE:LRBDL · Fuel, refining & lubricants · Analysis · 31 Oct 2026
Lub-rref (Bangladesh): FY2025 net loss of BDT 662.7m, a qualified audit on seven bases, and a 9M FY2026 loss of BDT 322.7m
The BNO Lubricants maker reported FY2025 revenue of BDT 646.1m, financial expenses on loan of BDT 444.9m and a net loss of BDT 662.7m. Its auditor qualified the accounts on seven bases, including assets of an estimated Tk. 114.92 Crore that could not be traced and an unspent IPO balance.
Company · DSE:IBP · Pharmaceuticals & healthcare · Analysis · 31 Oct 2026
Indo-Bangla Pharmaceuticals: revenue of BDT 184.2m in FY2025 against BDT 866.1m in FY2020, a qualified audit with a going-concern paragraph, and 9M FY2026 profit of BDT 2.8m
The Barishal-based tablet and capsule maker reported net losses of BDT 41.0m in FY2024 and BDT 36.8m in FY2025. Its auditor qualified the FY2025 accounts on four bases and reported a material uncertainty on going concern. Nine-month FY2026 revenue was BDT 134.8m, against BDT 76.9m a year earlier.
Company · DSE:WATACHEM · Chemicals · Analysis · 31 Oct 2026
WATA Chemicals: finance expenses took 92.8% of FY2025 operating profit; a qualified FY2025 audit and FY2026 EPS of BDT 2.08 announced on DSE
The sulphuric acid and alum maker earned an operating profit of BDT 202.4m in FY2025 and paid finance expenses of BDT 187.9m, leaving profit after tax of BDT 11.0m. The auditor qualified the FY2025 accounts on five bases. The company announced FY2026 EPS of BDT 2.08 and a 15% cash dividend on 29-Oct-2026; the FY2026 audited report is not in the corpus at 1-Nov-2026.
Company · DSE:MONNOFABR · Textiles (knit composite) · Analysis · 31 Oct 2026
Monno Fabrics: FY2025 finance cost of BDT 367.3m against operating profit of BDT 379.4m; profit after tax BDT 5.1m; qualified audit with four bases
Revenue rose from BDT 474m (FY2017) to BDT 1,714m (FY2025) and the FY2025 gross margin was 24.8%, but finance cost equalled 96.8% of operating profit. Note 13.01 adds BDT 367.2m of interest to the long-term loan balances. FY2026 EPS was BDT 0.02 (announced 27-Oct-2026) and the cash dividend 0.10%, to public shareholders other than sponsors and directors.
Company · DSE:ATLASBANG · Autos & motorcycles · Analysis · 31 Oct 2026
Atlas Bangladesh: ten loss years to FY2025, a qualified audit with a going-concern paragraph, and 9M FY2026 sales of BDT 157m
The BSEC-controlled motorcycle assembler lost BDT 40.9m in FY2025 on sales of BDT 180.3m; the auditor qualified the accounts and drew attention to a material uncertainty on going concern. Nine-month FY2026 sales rose 46% and gross profit was BDT 2.6m.
Company · DSE:KAY&QUE · Fuel marketing, refining & lubricants (CNG/LPG retail) · Analysis · 31 Oct 2026
Kay & Que: the IT unit made BDT 69.6m of the BDT 73.7m FY2025 profit before WPPF; audit qualified and NCR rates the company 'D'
Revenue reached BDT 388m in FY2025 and EPS BDT 9.49, against BDT 0.67 a year earlier; the company has announced FY2026 EPS of BDT 11.25 and operating cash flow of BDT 0.52 a share. The refuelling unit's printed operating result was a BDT 7.1m loss, and BDT 77.9m of rent from its tenant was uncollected at June 2025.
Company · DSE:SONALIANSH · Jute · Analysis · 31 Oct 2026
Sonali Aansh Industries: FY2025 sales of BDT 1.73bn, export subsidy of BDT 86m against profit before tax of BDT 126m, and a fifth straight qualified audit
The jute-yarn exporter's sales rose 119% in FY2025 and EPS was BDT 8.79; the subsidy line equalled 69% of profit before tax, the FY2025 auditor's basis for qualified opinion lists ten items, and FY2026 EPS of BDT 8.87 was announced on 01-Nov-2026.
Company · DSE:MONNOCERA · Ceramics & glass · Analysis · 31 Oct 2026
Monno Ceramic Industries: a porcelain tableware maker that has run without pipeline gas since June 2023; FY2025 finance cost of BDT 147m was 2.5x operating profit, and profit came from a share sale and scrap sales
Revenue fell from BDT 904m (FY2022) to BDT 303m (FY2024) after the gas line was disconnected, and exports went to zero. FY2025 gross margin recovered to 24.0%, the highest in ten years, but finance cost reached BDT 146.6m against operating profit of BDT 58.1m. The FY2025 audit opinion is qualified, BDT 395m sits in receivables from five group companies, and the board recommended no dividend for FY2026.
Company · DSE:SEAPEARL · Hotels & tourism · Analysis · 31 Oct 2026
Sea Pearl Beach Resort: a BDT 6.1bn ICB bond under litigation accrues more interest than the resort earns, and FY2025 revenue fell 59%
Revenue dropped to BDT 684m in FY2025 as the water park, cruise ship and non-AC food lines shrank by BDT 984m; occupancy fell to 26.1%. Net finance cost of BDT 564m was 0.26x covered, and the 9M FY2026 loss was BDT 196m.
Company · DSE:KBPPWBIL · Plastics, packaging & paper · Analysis · 31 Oct 2026
Khan Brothers PP Woven Bag: revenue up 161% in nine months as local sales restart, but 58.5% of equity sits in balances the auditor could not verify
Nine-month revenue to March 2026 was BDT 213.6m and profit BDT 55.9m after four years of toll work for a sister company; old inventory, export bills from 2021 and a People's Leasing deposit total BDT 690m. The share trades at 47.1x trailing EPS and 2.67x book.
Company · DSE:SONALIPAPR · Plastics, packaging & paper · Analysis · 31 Oct 2026
Sonali Paper & Board Mills: operating profit nearly tripled after FY2023, but the share book, a qualified audit and a BDT 569m tax charge on land shape the numbers
Profit from operation rose from BDT 141m (FY2023) to BDT 386m (FY2025) on 87% utilisation of a 43,500-tonne mill; the DSE-announced FY2026 EPS is BDT 7.34, while operating cash flow per share fell to BDT 2.21 and borrowings reached BDT 1,612m by March 2026.
Company · DSE:RDFOOD · FMCG, food & tobacco · Analysis · 29 Oct 2026
Rangpur Dairy & Food Products: revenue up 104% in five years, finance cost up 392%, EPS down to BDT 0.54
Revenue rose from BDT 611m (FY2020) to BDT 1244m (FY2025) and financial expenses from BDT 14.6m to BDT 71.9m; EPS fell from BDT 1.38 (FY2023) to BDT 0.61 (FY2025) and BDT 0.54 (FY2026, DSE-announced). The FY2025 audit opinion is qualified. The shares closed at BDT 20.8 on 29-Oct-2026, 38.5x FY2026 EPS and 1.20x June 2026 NAV.
Company · DSE:INTRACO · Fuel: CNG/LPG retail · Analysis · 29 Oct 2026
Intraco Refueling Station: a CNG and LPG station operator with a Bhola gas-transport unit, a qualified FY2025 audit, and a loss of BDT 18.8m in the January-March 2026 quarter
FY2025 revenue was BDT 1,355.4m and profit after tax BDT 85.3m; revenue fell 15.1% in the nine months to March 2026 and profit after tax was BDT 14.6m against BDT 107.5m a year earlier; the FY2026 board meeting set for 28 October 2026 was postponed with no new date notified.
Company · DSE:GHAIL · FMCG, food & tobacco · Analysis · 29 Oct 2026
Golden Harvest Agro: a frozen-food maker with a 42% gross margin, a loss at the bottom line from ice-cream associate losses and BDT 224m of finance cost
FY2025 revenue was BDT 858m and profit from operations BDT 191m, but finance expenses of BDT 224m and a BDT 157m share of associate losses left a loss of BDT 0.24 a share; the FY2026 loss announced on 28-Oct-2026 is BDT 0.57 a share. Borrowings reached 0.96x equity and the audit opinion is qualified.
Company · DSE:INDEXAGRO · Food: animal feed and poultry · Analysis · 29 Oct 2026
Index Agro Industries: a feed and day-old-chick producer whose FY2025 gross margin was the highest in eight years while financial expenses rose 56% and FY2026 EPS fell to BDT 4.10
Feed is about three quarters of revenue; short-term bank loans of BDT 2.2-2.6bn since June 2023 sit beside an inventory that sat at 290 days of cost of sales in FY2025; the FY2025 audit was qualified on a tax balance that the company has since restated; the board recommended a 12.5% cash dividend for FY2026.
Company · DSE:SONARGAON · Textiles: yarn spinning · Analysis · 29 Oct 2026
Sonargaon Textiles: a Barishal cotton-yarn spinner with a qualified audit, BDT 552m of classified bank loans carried without interest, and FY2026 EPS of BDT 0.41
Turnover has been BDT 109-455m a year since FY2021 against BDT 631-856m before; gross margin was -3.3% in FY2025; the company repaid BDT 120.7m to BDBL in the nine months to March 2026; the share price went from BDT 45.0 at end-May 2026 to BDT 117.4 on 29 October 2026.
Company · DSE:LOVELLO · FMCG, food & tobacco · Analysis · 29 Oct 2026
Lovello: ice-cream sales up 43% in nine months, on a restated balance sheet that now carries BDT 2.3bn of borrowings
Net sales rose to BDT 1,151m in FY2025 and BDT 1,423m in 9M FY2026 at a steady ~42% gross margin, but the FY2025 audit is qualified, June 2024 loans were restated from BDT 953m to BDT 1,764m, and BDT 229m of bank interest sits in 'advances' rather than in the income statement.
Company · DSE:FINEFOODS · FMCG, food & tobacco · Analysis · 29 Oct 2026
Fine Foods: a fish-fingerling farm whose profit rose from BDT 0.9m to BDT 165m in three years under three qualified audits
Revenue grew from BDT 61.6m (FY2023) to BDT 118.9m (FY2025) while cost of goods sold fell, lifting gross margin from 9.1% to 64.1% and 94.2% in 9M FY2026; the auditor could not verify almost-all-cash sales, and the stock trades at 37.2x FY2026 EPS and 17.4x book.