AnalystBro Research
Research
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.
11 articles.
Bangladesh All Bangladesh research →
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: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:FARCHEM · Textiles: yarn spinning (formerly chemicals) · Analysis · 29 Oct 2026
FAR Chemical & Textile: now a cotton-yarn spinner, with a BDT 499m nine-month loss and borrowings of BDT 3.39bn
Sales fell 21.0% and gross margin was -12.4% in the nine months to March 2026; the company announced FY2026 EPS of BDT -3.33 on 29-Oct-2026. The chemical plant stopped during its 2020-21 move and was 'not yet started' at June 2024; the business reported is spinning.
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: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:SHARPIND · Textiles: yarn spinning · Analysis · 29 Oct 2026
Sharp Industries: a restarted cotton-yarn mill swung to a BDT 2.39 loss per share in FY2026 on negative gross margins and BDT 3bn of short-term debt
The 2023 merger with Samin Food & Beverage put 121,000 spindles back to work after the 2019 fire, but the mill ran at 58% of capacity, earned a thin spread, sold below cost in Q2 and Q3 FY2026, and moved to DSE's Z category on 25-Oct-2026 after a second year without a dividend.
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: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:SQUARETEXT · Textiles: yarn spinning · Analysis · 29 Oct 2026
Square Textiles: 174,000 spindles at 94% utilisation, but nine-month profit fell 70% in FY2026 as yarn prices dropped and interest rose
Volume grew 44% in two years and the yarn spread over cotton held near BDT 130 a kg, yet net debt of BDT 13.7bn and lower yarn prices cut nine-month FY2026 EPS to BDT 1.54 from 5.10; the full year closed at BDT 4.50 (DSE) and the 32% cash dividend was kept.