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Company · DSE:ACFL · Textiles: yarn spinning · Analysis · 01 Nov 2026
Aman Cotton Fibrous: a 6,780 MT Gazipur cotton-yarn mill that sold 93.4% of FY2025 yarn by value to Aman Tex Ltd.
FY2025 sales were BDT 2,320.1m and net profit BDT 21.0m; DSE-announced FY2026 EPS is BDT 0.37. Inter-company advances printed at BDT 704.2m on 31-Mar-2026 against BDT 161.7m on 30-Jun-2025, and the auditor's FY2025 report carries four emphasis-of-matter paragraphs.
Company · DSE:TAMIJTEX · Textiles: yarn spinning · Analysis · 01 Nov 2026
Tamijuddin Textile Mills: a 13.8m kg cotton and polyester yarn spinner with a 21.5% gross margin, finance cost of 69% of operating profit and four qualified audit opinions in a row
FY2026 EPS fell to BDT 4.29 from BDT 6.10 (restated); intercompany advances rose to BDT 1,555m by March 2026, and cash dividends since FY2023 have gone to general shareholders only.
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: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: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:AGNISYSL · IT services and ISPs · Analysis · 31 Oct 2026
Agni Systems: FY2025 revenue BDT 711m and EPS BDT 0.81 with a BDT 28.9m prior-year tax charge; FY2026 EPS BDT 0.96
The internet (ISP) unit was 78.5% of FY2025 revenue. Nine-month FY2026 operating expenses rose 44.5% while revenue rose 7.1%; the company reports FY2026 EPS of BDT 0.96 and a 2.5% cash dividend.
Company · DSE:WMSHIPYARD · Engineering & shipbuilding · Analysis · 31 Oct 2026
Western Marine Shipyard: Tk 916.5m of FY2025 revenue, Tk 23.7bn of term loans and a qualified audit opinion
Revenue has been Tk 0.8bn-0.9bn a year since FY2021, financial expenses exceeded operating profit in each of those years, and the auditor qualified the FY2025 accounts on Tk 3.6bn of advances and four other matters.
Company · DSE:NPOLYMER · Plastics, packaging & paper · Analysis · 31 Oct 2026
National Polymer: FY2026 EPS of BDT 0.42 after BDT 0.07 in FY2025, with borrowings of BDT 5.43bn against equity of BDT 2.15bn
FY2025 revenue fell 22.8% to BDT 5.61bn and profit to BDT 5.0m; the board's FY2026 figures show EPS of BDT 0.42 and a 3% cash dividend for general shareholders. The share closed at BDT 27.0 on 29-Oct-2026, 64.3x FY2026 EPS and 0.91x NAV.
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:ETL · Woven fabric & denim · Analysis · 31 Oct 2026
Evince Textiles: gross margin rose to 14.2% in nine months to March 2026 after a ten-year low of 9.3% in FY2025; financial expenses take 8.7% of sales
The yarn-dyed and denim fabric maker earned EPS of BDT 0.29 in FY2025, when a BDT 117.7m foreign exchange gain exceeded profit before tax, and announced BDT 0.31 for FY2026. Net debt was BDT 2.85bn at March 2026 against equity of BDT 2.35bn.
Company · DSE:UNITEDFIN · Financial Institutions · Analysis · 31 Oct 2026
United Finance in 2025: 5.95% classified loans, a 9.24% cost of fund, 5.92% ROE and 94% of EPS paid out
A lease and term lender with BDT 20.7bn of loans, an 18.45% capital ratio and an unmodified audit opinion. Classified loans and the cost of fund were the highest of the 2021-2025 series in 2025; H1 2026 profit rose to BDT 50.3m from BDT 32.4m.
Company · DSE:ARGONDENIM · Textiles: woven denim fabric · Analysis · 31 Oct 2026
Argon Denims: FY2026 EPS fell to BDT 1.16 and nine-month gross margin to 8.3%, with export incentives at 41% of operating profit
An 18.38m-yard denim mill at Sreepur, Gazipur: nine-month FY2026 turnover fell 8.7%; operating cash flow of BDT 575m came with receivables down BDT 284m; yarn from a common-directorship sister company was BDT 2.47bn in FY2025.
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:MONOSPOOL · Plastics, packaging & paper · Analysis · 31 Oct 2026
Monospool Bangladesh: the Pearl Paper merger lifted sales to BDT 1.75bn, but borrowings are 3.2x equity and interest takes 61% of operating profit
Revenue rose 63% in FY2025 and 8.6% in the nine months to March 2026, yet operating cash flow was negative in two of the last three years, BDT 1,126m of unpaid interest sits inside the loans and BDT 3.0bn of the merged mill is still capital work-in-progress.
Company · DSE:QUEENSOUTH · Textiles: yarn dyeing · Analysis · 29 Oct 2026
Queen South Textile Mills: a DEPZ yarn dyer with BDT 4,761.2m of FY2025 export revenue, a 0.7% net margin and receivables of 194 days
FY2026 EPS was BDT 0.28 on the DSE post of 29-Oct-2026, up from BDT 0.20, with a 2% cash dividend for non-sponsor shareholders; nine-month revenue to March 2026 was 20.6% lower and the FY2025 auditor's report carries a 'Basis for Qualified Opinion' on the WPPF.
Company · DSE:MHSML · Textiles: yarn spinning · Analysis · 29 Oct 2026
Mozaffar Hossain Spinning Mills: a SIM Group cotton-yarn spinner with 62% of FY2025 turnover sold to SIM Fabrics, with financial expenses of BDT 405m on BDT 2,785m of turnover
FY2026 EPS was BDT 0.74 on the DSE announcement, up from BDT 0.72, with an implied fourth-quarter EPS of BDT -0.07; borrowings were BDT 4.41bn, 2.09x equity, at March 2026 and the board has recommended a 2.5% cash dividend.
Company · DSE:AAMRANET · IT services and ISPs · Analysis · 29 Oct 2026
aamra networks: FY2025 audit opinion qualified; FY2026 EPS BDT (0.80) after BDT 0.13 in FY2025 and BDT 2.46 in FY2024
Revenue fell from BDT 1,214.1m in FY2024 to BDT 921.5m in FY2025 and BDT 558.5m in the nine months to March 2026 (-22.1%); Z category since 12-Feb-2025; advances to suppliers and others BDT 728.7m at 31-Mar-2026; 0.20% cash dividend for general shareholders for FY2026.
Company · DSE:BDCOM · IT services and ISPs · Analysis · 29 Oct 2026
BDCOM Online: FY2026 EPS BDT 0.80 (FY2025 restated BDT 0.82); 9M FY2026 operating profit BDT 32.4m (9M FY2025: BDT 58.9m)
Revenue BDT 603.3m in the nine months to March 2026 (+2.3%); administrative and marketing expenses BDT 256.2m (+11.5%); non-operating income BDT 35.9m, 62.3% of profit before tax; FDR, bond and cash holdings BDT 497.3m against bank loans BDT 100.7m at 31-Mar-2026.
Company · DSE:EPGL · Fuel: LPG/CNG, power equipment, vehicles · Analysis · 29 Oct 2026
Energypac Power Generation: an LPG, generator, vehicle and steel-building company with net finance costs of BDT 1,463.3m in FY2025, a nine-month FY2026 loss of BDT 1,449.0m, and a going-concern material-uncertainty paragraph
FY2025 revenue was BDT 3,085.4m and gross profit BDT 1,133.1m; net finance costs BDT 1,463.3m and the loss after tax BDT 1,046.7m (EPS BDT -5.50). In the nine months to March 2026 revenue was BDT 1,772.1m (-25.6% year on year) and the loss after tax BDT 1,449.0m (EPS BDT -7.62). The board meets on 8 November 2026 on the FY2026 audited accounts.
Company · DSE:ESQUIRENIT · Textiles: knit composite garments · Analysis · 29 Oct 2026
Esquire Knit Composite: 45.6m knit pieces at USD 1.84 each, a 0.8% net margin in FY2025, and a FY2026 loss of BDT 2.68 a share
A knit-garment exporter whose company-only revenue reached BDT 10.1bn in FY2025 while financial expenses took 6.4% of it; BDT 2.77bn sat in capital work-in-progress for the Valuka building until 2025-26, and the consolidated FY2026 result announced on 29-Oct-2026 was a loss of BDT 2.68 a share.
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:BNIPLC · Insurance · Analysis · 29 Oct 2026
Bangladesh National Insurance: rising profit, carried by interest, with 57% of its deposits in one bank
A Meghna Group general insurer whose pre-tax profit has risen every year since 2016. In 2025 investments supplied 85% of it while underwriting profit fell; nine-month 2026 underwriting profit doubled after agency commission ended.
Company · DSE:SAIHAMCOT · Textiles: yarn spinning · Analysis · 29 Oct 2026
Saiham Cotton Mills: a 16.7m kg export spinner whose FY2026 EPS rose to BDT 1.03 while loans fell to BDT 2.9bn, on 11% gross margins and a 2.6% ROE
Turnover reached BDT 6.0bn in FY2025 on 82% utilisation; finance cost took 4.9% of sales and interest cover was 1.72x; group companies accounted for BDT 3,299m of related-party additions; the DSE-announced FY2026 figures show EPS of BDT 1.03, NOCFPS of BDT 11.16 and a 7.5% cash dividend.
Company · DSE:QUASEMIND · Engineering (batteries and consumer goods) · Analysis · 29 Oct 2026
Quasem Industries: batteries carry the sales, while Sunstone income and a Tk 131.9m interest bill decide the profit
Batteries are 74.2% of gross sales and gross margin rose to 24.5%, but FY2025 profit before tax of Tk 94.9m included Tk 48.0m from Sunstone LLC, financial expenses took Tk 131.9m and quartz exports fell 56.5%.
Company · DSE:ANWARGALV · Engineering · Analysis · 29 Oct 2026
Anwar Galvanizing: a loss-making fittings plant carried by a borrowed share portfolio
FY2025 gross margin -8.6% and a Tk 372m net loss; FY2026 EPS Tk 8.26 came from a Tk 495m listed-share book funded by margin and group loans.
Company · DSE:SAIHAMTEX · Textiles: yarn spinning · Analysis · 29 Oct 2026
Saiham Textile Mills: a 10.65m kg Habiganj spinner that shut its 1993 spinning unit for an 18-month rebuild, with FY2026 EPS down to BDT 0.29
Gross margin has sat near 10% and ROE below 3.5% for seven years; borrowing doubled to BDT 2,050m between June 2022 and March 2026, the implied June-2026 quarter was a loss, and the share price rose from BDT 18.8 at end-June to BDT 44.5 on 29 October 2026.
Company · DSE:CONFIDCEM · Cement · Analysis · 29 Oct 2026
Confidence Cement: a 43%-utilised grinder carried by its power-plant associate
Confidence sold 524 kt from 1.2 mt of capacity in FY2025 and lost Tk 166m before associates; its 36% share of Confidence Power Holdings added Tk 1,208m but no cash dividend. The stake fell to 29.79% in FY2026.
Company · DSE:ORIONPHARM · Pharmaceuticals & healthcare · Analysis · 29 Oct 2026
Orion Pharma: power revenue fell 88% after the plant contracts expired, leaving a BDT 25.6bn debt load on a pharma business earning BDT 251m
FY2025 consolidated revenue fell 61.6% to BDT 4.08bn and the group lost BDT 415m. The auditor qualified its opinion over a restated UCB loan and a BDT 651m claim on an individual; the shares have been in DSE's Z category since 5-Feb-2025 over an unpaid dividend.
Company · DSE:GPHISPAT · Steel · Analysis · 29 Oct 2026
GPH Ispat: a modern melt-and-roll plant at half capacity, with finance cost taking 94% of operating profit
FY2026 revenue fell 30% to Tk 39.4bn as billet output dropped to 498,520 t. Gross margin rose to 17.9%, but Tk 5.5bn of finance cost left Tk 35m of profit. Borrowings are Tk 75.2bn; the rights issue is on hold.
Company · DSE:DAFODILCOM · Information technology · Analysis · 29 Oct 2026
Daffodil Computers: a computer reseller and school earning BDT 0.16 a share, carrying BDT 596m of group loans
Revenue grew to BDT 551m in FY2025 and hardware margins doubled, but group and bank borrowing for a school campus and a Hi-Tech Park plant took financial expenses from BDT 1.8m to BDT 63.6m; the shares rose more than five-fold from November 2025.
Company · DSE:CROWNCEMNT · Cement · Analysis · 29 Oct 2026
Crown Cement: one of the largest grinders, but interest, the taka and tax take most of the margin
Crown sold 4,083 kt in FY2025 from 5,736 kt of capacity, buys clinker with US-dollar loans and earned a 2.0% net margin. FY2026 EPS Tk 5.08 after a weak nine months; 22.5% cash dividend.
Company · DSE:MATINSPINN · Textiles: yarn spinning · Analysis · 29 Oct 2026
Matin Spinning Mills: an 88,400-spindle DBL Group captive spinner whose FY2026 EPS rose 35% to BDT 6.36, with 81% of yarn sold to sister companies
The yarn spread over cotton widened to BDT 149 a kg in FY2025, debt fell to 0.78x equity by March 2026 and the board declared 45% cash plus 10% stock for FY2026; the share price rose 81% from the end of April to 29 October 2026.
Company · DSE:MALEKSPIN · Textiles: yarn spinning · Analysis · 29 Oct 2026
Malek Spinning Mills: a 60,000-spindle mill whose garment subsidiary earns four-fifths of group profit; FY2026 EPS eased to BDT 6.93
J.M. Fabrics made BDT 1,140m of the group's BDT 1,439m profit in FY2025 while the parent's yarn spread over cotton narrowed to about BDT 69 a kg; bank debt fell to 0.70x equity by March 2026, and sponsors again waived the 10% cash dividend.
Company · DSE:RAKCERAMIC · Ceramics & glass · Analysis · 29 Oct 2026
RAK Ceramics (Bangladesh): gas shortages turned a 30%-gross-margin tile leader into a BDT 396m loss in 2025; H1 2026 is back in profit
Gross margin fell from 29.7% (2021) to 13.2% (2025) as power and gas costs doubled per sft and plants ran short of gas; LNG supply from July 2025 lifted tiles utilisation to 91% and H1 2026 sales rose 20.7%. One distributor owned by the managing director buys 22% of gross sales and owes 55% of receivables.
Company · DSE:UNIQUEHRL · Hotels & tourism · Analysis · 29 Oct 2026
Unique Hotel & Resorts: the power JV earns most of the profit while the Westin's RevPAR fell 21% and interest ate the hotels' operating profit
FY2026 EPS fell to BDT 3.53 from 5.18 and the dividend to 12%; in FY2025 UMPL supplied 83% of net profit, Westin RevPAR dropped to BDT 8,386, and BDT 1,285m of interest left the hotel company with interest cover of 0.45x.
Company · DSE:BEXIMCO · Conglomerate · Analysis · 29 Oct 2026
Beximco Ltd: no accounts since December 2024, factories shut and Tk 87bn of parent debt
Beximco Ltd's last statement shows H1 FY2025 revenue down 71% and a Tk 3,565m loss. Six reporting periods are overdue, and the share has fallen 82% since its floor was removed.
Company · DSE:BEACONPHAR · Pharmaceuticals · Initiation · 29 Oct 2026
Beacon's profit doubled in FY2026, but 16% long-run returns support a fair value range of BDT 22–88 (base 52)
Fair value BDT 22–88 (base 52) vs price 92.7; general medicines drive ~13% sales growth and a second oncology plant is coming; TRIPS after LDC graduation and related-party loans are the risks.
Fair value ৳22–88 · price ৳92.70 (2026-10-29)