DSE : CONFIDCEM
Confidence Cement PLC — Financial statements
Cement, Hydraulic · Bangladesh
Last price 57.2 BDT (At close: Oct 29, 2026) · Market cap 4.93B
Latest research: Confidence Cement financial analysis: associate profit of Tk 1.2bn covers a cement loss (Oct 2026) · Confidence Cement: a 43%-utilised grinder carried by its power-plant associate
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Financial statements
Confidence Cement PLC (CONFIDCEM) reported revenue of 4.32B BDT (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.32B | 4.09B | 4.09B | 4.56B | 4.06B | 4.62B |
| Cost of Revenue | 3.85B | 3.52B | 3.47B | 4.23B | 4.15B | 4.10B |
| Gross Profit | 476.14M | 573.49M | 623.06M | 327.78M | -80.76M | 512.45M |
| Selling, General & Admin | 184.93M | 168.30M | 149.20M | 152.05M | 286.52M | 288.58M |
| Other Operating Expenses | 13.17M | -977.06K | -38.35M | -23.11M | -88.41M | -148.79M |
| Operating Expenses | 198.11M | 167.32M | 110.85M | 128.95M | 198.11M | 139.78M |
| Operating Income | 278.04M | 406.17M | 512.22M | 198.83M | -278.88M | 372.66M |
| Interest Expense | -381.00M | -442.28M | -411.08M | -290.45M | -211.59M | -218.31M |
| Interest & Investment Income | 20.95M | 16.02M | 12.22M | 10.01M | 25.38M | 27.01M |
| Earnings From Equity Investments | 1.07B | 1.21B | 820.13M | 781.72M | 732.63M | 1.07B |
| Currency Exchange Gain (Loss) | -66.19M | -66.19M | -83.32M | -339.17M | -143.41M | 3.95M |
| Other Non Operating Income (Expenses) | -84.54M | -85.80M | -23.49M | -11.80M | -4.13M | -4.17M |
| EBT Excluding Unusual Items | 832.66M | 1.04B | 826.67M | 349.16M | 120.00M | 1.25B |
| Gain (Loss) on Sale of Investments | 281.30K | 1.17M | ||||
| Gain (Loss) on Sale of Assets | 8.32M | 8.32M | -1.68M | 8.44M | 6.07M | 230.80M |
| Other Unusual Items | 2.80M | |||||
| Pretax Income | 841.31M | 1.04B | 825.45M | 362.18M | 126.75M | 1.49B |
| Income Tax Expense | 92.43M | 75.82M | 72.07M | 90.54M | 23.90M | 246.30M |
| Earnings From Continuing Operations | 748.88M | 968.42M | 753.38M | 271.64M | 102.85M | 1.24B |
| Minority Interest in Earnings | -198.53K | -18.32K | -46.30K | -76.09K | -23.08K | 12.62K |
| Net Income | 748.68M | 968.41M | 753.33M | 271.56M | 102.83M | 1.24B |
| Net Income to Common | 748.68M | 968.41M | 753.33M | 271.56M | 102.83M | 1.24B |
| Shares Outstanding (Basic) | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M |
| Shares Outstanding (Diluted) | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M |
| EPS (Basic) | 8.68 | 11.23 | 8.73 | 3.15 | 1.19 | 14.38 |
| EPS (Diluted) | 8.68 | 11.23 | 8.73 | 3.15 | 1.19 | 14.38 |
| Free Cash Flow | 261.42M | 4.56M | -280.96M | -479.37M | -1.27B | -52.09M |
| Free Cash Flow Per Share | 3.03 | 0.05 | -3.26 | -5.56 | -14.77 | -0.60 |
| Dividend Per Share | 1.00 | 1.00 | 1.00 | 0.48 | 0.45 | 2.27 |
| Gross Margin | 11.02% | 14.02% | 15.22% | 7.19% | -1.99% | 11.10% |
| Operating Margin | 6.43% | 9.93% | 12.51% | 4.36% | -6.86% | 8.07% |
| Profit Margin | 17.32% | 23.67% | 18.40% | 5.96% | 2.53% | 26.86% |
| Free Cash Flow Margin | 6.05% | 0.11% | -6.86% | -10.52% | -31.34% | -1.13% |
| EBITDA | 481.03M | 613.50M | 726.41M | 424.03M | -23.07M | 625.87M |
| EBITDA Margin | 11.13% | 15.00% | 17.75% | 9.31% | -0.57% | 13.56% |
| D&A For EBITDA | 203.00M | 207.33M | 214.19M | 225.20M | 255.81M | 253.21M |
| EBIT | 278.04M | 406.17M | 512.22M | 198.83M | -278.88M | 372.66M |
| EBIT Margin | 6.43% | 9.93% | 12.51% | 4.36% | -6.86% | 8.07% |
| Effective Tax Rate | 10.99% | 7.26% | 8.73% | 25.00% | 18.85% | 16.57% |
| Advertising Expenses | 2.78M | 4.04M | 2.46M | 6.30M | 9.84M |
Balance sheet
Fiscal year July - June; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 86.55M | 52.59M | 53.69M | 134.69M | 92.66M | 212.16M |
| Short-Term Investments | 194.03M | 178.44M | 149.67M | 104.35M | 84.00M | 194.00M |
| Trading Asset Securities | 2.35M | |||||
| Cash & Short-Term Investments | 280.58M | 231.03M | 203.37M | 239.04M | 176.66M | 408.50M |
| Accounts Receivable | 773.10M | 831.51M | 981.09M | 950.83M | 741.81M | 803.34M |
| Other Receivables | 584.77M | 44.50M | 32.87M | 54.55M | 109.30M | 164.93M |
| Receivables | 1.36B | 876.01M | 1.01B | 1.01B | 851.11M | 968.27M |
| Inventory | 652.47M | 487.95M | 602.43M | 590.93M | 599.29M | 559.15M |
| Prepaid Expenses | 6.58M | 7.82M | 8.34M | 12.33M | 32.67M | 35.06M |
| Other Current Assets | 1.45B | 2.51B | 2.30B | 1.98B | 1.52B | 1.02B |
| Total Current Assets | 3.75B | 4.11B | 4.13B | 3.83B | 3.18B | 2.99B |
| Property, Plant & Equipment | 3.47B | 3.65B | 4.04B | 4.26B | 4.54B | 4.55B |
| Long-Term Investments | 8.45B | 7.65B | 6.13B | 5.32B | 4.65B | 3.94B |
| Total Assets | 15.67B | 15.41B | 14.30B | 13.41B | 12.37B | 11.49B |
| Accounts Payable | 561.60M | 321.56M | 259.03M | 389.64M | 280.93M | 283.66M |
| Accrued Expenses | 198.70M | 353.87M | 267.14M | 5.45M | 140.22M | |
| Short-Term Debt | 5.63B | 5.95B | 5.52B | 5.03B | 4.39B | 2.91B |
| Current Portion of Long-Term Debt | 37.38M | 129.56M | 415.76M | 394.20M | 446.15M | 283.57M |
| Current Portion of Leases | 43.87M | 40.30M | 37.83M | 40.69M | 39.15M | 35.31M |
| Current Income Taxes Payable | 180.60M | 106.48M | 100.64M | 108.38M | 101.86M | 118.05M |
| Current Unearned Revenue | 63.35M | 129.31M | 93.56M | 90.27M | ||
| Other Current Liabilities | 244.57M | 168.03M | 196.36M | 236.97M | 129.38M | 320.16M |
| Total Current Liabilities | 6.70B | 6.98B | 7.01B | 6.56B | 5.48B | 4.09B |
| Long-Term Debt | 236.42M | 178.20M | 227.49M | 455.21M | 547.14M | 925.43M |
| Long-Term Leases | 89.91M | 125.82M | 136.55M | 173.86M | 258.09M | 247.28M |
| Pension & Post-Retirement Benefits | 207.77M | 209.22M | 189.64M | 175.44M | 157.08M | 111.09M |
| Long-Term Deferred Tax Liabilities | 255.03M | 267.07M | 284.60M | 302.29M | 315.77M | 393.30M |
| Total Liabilities | 7.49B | 7.76B | 7.85B | 7.67B | 6.76B | 5.77B |
| Common Stock | 862.54M | 862.54M | 862.54M | 821.46M | 782.35M | 782.35M |
| Additional Paid-In Capital | 658.09M | 658.09M | 658.09M | 658.09M | 658.09M | 658.09M |
| Retained Earnings | 6.32B | 5.78B | 4.56B | 3.88B | 3.78B | 3.85B |
| Comprehensive Income & Other | 337.44M | 348.26M | 362.75M | 377.25M | 391.00M | 425.10M |
| Total Common Equity | 8.18B | 7.65B | 6.45B | 5.74B | 5.61B | 5.72B |
| Minority Interest | 1.28M | 1.14M | 1.12M | 1.08M | 1.00M | 978.87K |
| Shareholders' Equity | 8.18B | 7.65B | 6.45B | 5.74B | 5.61B | 5.72B |
| Total Liabilities & Equity | 15.67B | 15.41B | 14.30B | 13.41B | 12.37B | 11.49B |
| Total Debt | 6.04B | 6.43B | 6.34B | 6.10B | 5.68B | 4.40B |
| Net Cash (Debt) | -5.76B | -6.19B | -6.13B | -5.86B | -5.50B | -3.99B |
| Net Cash Per Share | -66.75 | -71.82 | -71.10 | -67.90 | -63.77 | -46.29 |
| Filing Date Shares Outstanding | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M |
| Total Common Shares Outstanding | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M | 86.25M |
| Working Capital | -2.95B | -2.87B | -2.88B | -2.73B | -2.30B | -1.10B |
| Book Value Per Share | 94.82 | 88.68 | 74.75 | 66.56 | 65.07 | 66.28 |
| Tangible Book Value | 8.18B | 7.65B | 6.45B | 5.74B | 5.61B | 5.72B |
| Tangible Book Value Per Share | 94.82 | 88.68 | 74.75 | 66.56 | 65.07 | 66.28 |
| Land | 384.33M | 526.45M | 526.45M | 526.45M | 526.45M | |
| Buildings | 1.47B | 1.50B | 1.50B | 1.52B | 1.51B | |
| Machinery | 5.92B | 4.07B | 4.22B | 4.20B | 4.26B | 4.23B |
| Construction In Progress | 319.26M | 319.26M | 319.26M | 333.56M | 319.44M | 380.30M |
Cash flow statement
Fiscal year July - June; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 748.68M | 968.41M | 753.33M | 271.56M | 102.83M | 1.24B |
| Depreciation & Amortization | 421.83M | 248.36M | 256.02M | 270.70M | 302.35M | 299.61M |
| Loss (Gain) From Sale of Assets | -8.32M | -8.32M | 1.68M | -8.44M | -6.07M | -270.45K |
| Loss (Gain) From Sale of Investments | 4.06M | 4.06M | 4.06M | 4.06M | 4.06M | 4.06M |
| Loss (Gain) on Equity Investments | -1.21B | -1.21B | -820.13M | -781.72M | -732.63M | -1.07B |
| Other Operating Activities | 272.52M | -30.90M | -49.77M | -28.64M | -86.77M | -110.70M |
| Change in Accounts Receivable | 149.58M | 149.58M | -30.26M | -209.02M | 61.53M | -110.80M |
| Change in Inventory | 113.24M | 113.24M | -11.49M | 8.35M | -40.14M | -91.48M |
| Change in Accounts Payable | -148.40M | -148.40M | -85.84M | 473.26M | -185.49M | -25.92M |
| Change in Unearned Revenue | -65.96M | -65.96M | 35.75M | 3.30M | -41.39M | 11.56M |
| Change in Other Net Operating Assets | -16.61M | -16.61M | -292.95M | -439.38M | -407.08M | 99.16M |
| Operating Cash Flow | 262.93M | 5.77M | -239.60M | -435.97M | -1.03B | 243.58M |
| Capital Expenditures | -1.52M | -1.21M | -41.35M | -43.41M | -245.00M | -295.67M |
| Sale of Property, Plant & Equipment | 4.64M | 9.51M | 3.65M | 21.30M | 6.10M | 270.50K |
| Cash Acquisitions | 154.03M | |||||
| Investment in Securities | -15.56M | -28.76M | -45.32M | 34.65M | 67.63M | 50.00M |
| Other Investing Activities | 1.14M | 1.14M | 1.14M | 1.43M | 9.46M | 856.77K |
| Investing Cash Flow | -11.30M | -19.33M | -81.88M | 13.97M | -161.82M | -90.51M |
| Short-Term Debt Issued | 433.58M | 486.17M | 645.49M | 1.48B | 386.86M | |
| Total Debt Issued | 491.80M | 433.58M | 486.17M | 645.49M | 1.48B | 386.86M |
| Long-Term Debt Repaid | -335.49M | -206.16M | -143.88M | -215.71M | -309.24M | |
| Total Debt Repaid | -619.35M | -335.49M | -206.16M | -143.88M | -215.71M | -309.24M |
| Net Debt Issued (Repaid) | -127.55M | 98.09M | 280.01M | 501.61M | 1.26B | 77.62M |
| Common Dividends Paid | -87.72M | -85.98M | -40.41M | -38.43M | -190.13M | -109.39M |
| Financing Cash Flow | -215.27M | 12.12M | 239.60M | 463.18M | 1.07B | -31.77M |
| Foreign Exchange Rate Adjustments | 421.43K | 335.56K | 889.27K | 841.93K | 671.61K | 4.46K |
| Miscellaneous Cash Flow Adjustments | 1.00 | |||||
| Net Cash Flow | 36.79M | -1.10M | -80.99M | 42.03M | -119.49M | 121.30M |
| Free Cash Flow | 261.42M | 4.56M | -280.96M | -479.37M | -1.27B | -52.09M |
| Free Cash Flow Margin | 6.05% | 0.11% | -6.86% | -10.52% | -31.34% | -1.13% |
| Free Cash Flow Per Share | 3.03 | 0.05 | -3.26 | -5.56 | -14.77 | -0.60 |
| Levered Free Cash Flow | 569.59M | 88.66M | -114.00M | 68.77M | -917.49M | 258.03M |
| Unlevered Free Cash Flow | 807.71M | 365.08M | 142.93M | 250.30M | -785.25M | 394.47M |
| Cash Income Tax Paid | 82.05M | 83.89M | 93.88M | 94.06M | 109.09M | 124.04M |
| Change in Working Capital | 31.85M | 31.85M | -384.80M | -163.48M | -612.57M | -117.49M |
Ratios
Fiscal year July - June; amounts in BDT.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.93B | 4.29B | 5.85B | 7.31B | 8.09B | 10.55B |
| Enterprise Value | 10.69B | 10.23B | 11.53B | 13.13B | 12.85B | 18.47B |
| Last Close Price | 57.20 | 48.77 | 65.40 | 81.31 | 89.48 | 114.27 |
| PE Ratio | 6.59 | 4.43 | 7.76 | 26.92 | 78.67 | 8.51 |
| Forward PE | 16.57 | 16.57 | 16.57 | 16.57 | 16.57 | |
| PS Ratio | 1.14 | 1.05 | 1.43 | 1.60 | 1.99 | 2.29 |
| PB Ratio | 0.60 | 0.56 | 0.91 | 1.27 | 1.44 | 1.85 |
| P/TBV Ratio | 0.60 | 0.56 | 0.91 | 1.27 | 1.44 | 1.85 |
| P/FCF Ratio | 18.87 | 939.44 | ||||
| P/OCF Ratio | 18.76 | 742.55 | 43.33 | |||
| PEG Ratio | 1.29 | 1.29 | 1.29 | 1.29 | 1.29 | |
| EV/Sales Ratio | 2.47 | 2.50 | 2.82 | 2.88 | 3.16 | 4.00 |
| EV/EBITDA Ratio | 6.74 | 16.68 | 15.87 | 30.95 | 29.50 | |
| EV/EBIT Ratio | 7.96 | 25.20 | 22.51 | 66.01 | 49.55 | |
| EV/FCF Ratio | 40.90 | 2,242.82 | ||||
| Debt / Equity Ratio | 0.74 | 0.84 | 0.98 | 1.06 | 1.01 | 0.77 |
| Debt / EBITDA Ratio | 11.57 | 9.82 | 8.25 | 12.98 | 241.87 | 6.55 |
| Debt / FCF Ratio | 23.10 | 1,408.11 | ||||
| Net Debt / Equity Ratio | 0.70 | 0.81 | 0.95 | 1.02 | 0.98 | 0.70 |
| Net Debt / EBITDA Ratio | 11.97 | 10.10 | 8.44 | 13.81 | -238.40 | 6.38 |
| Net Debt / FCF Ratio | 22.02 | 1,357.48 | -21.83 | -12.22 | -4.32 | -76.66 |
| Asset Turnover | 0.28 | 0.28 | 0.29 | 0.35 | 0.34 | 0.35 |
| Inventory Turnover | 6.49 | 6.45 | 5.82 | 7.11 | 7.16 | 7.75 |
| Quick Ratio | 0.24 | 0.16 | 0.17 | 0.19 | 0.19 | 0.34 |
| Current Ratio | 0.56 | 0.59 | 0.59 | 0.58 | 0.58 | 0.73 |
| Return on Equity (ROE) | 9.74% | 13.74% | 12.36% | 4.78% | 1.81% | 21.43% |
| Return on Assets (ROA) | 1.13% | 1.71% | 2.31% | 0.96% | -1.46% | 1.79% |
| Return on Invested Capital (ROIC) | 1.75% | 2.85% | 3.87% | 1.31% | -2.17% | 2.77% |
| Return on Capital Employed (ROCE) | 3.10% | 4.80% | 7.00% | 2.90% | -4.00% | 5.00% |
| Earnings Yield | 15.17% | 22.59% | 12.88% | 3.71% | 1.27% | 11.75% |
| FCF Yield | 5.30% | 0.11% | -4.80% | -6.56% | -15.75% | -0.49% |
| Dividend Yield | 1.75% | 2.01% | 1.47% | 0.56% | 0.48% | 1.85% |
| Payout Ratio | 11.72% | 8.88% | 5.36% | 14.15% | 184.90% | 8.82% |
| Buyback Yield / Dilution | 0.00% | |||||
| Total Shareholder Return | 1.75% | 2.01% | 1.47% | 0.56% | 0.48% | 1.85% |