Company · Analysis · 28 Oct 2026
Eastern Housing: a land-plot seller at Aftabnagar that holds 6.9 years of inventory, BDT 14.2bn of customer money and no debt, with bank deposits now earning 41% of pre-tax profit
FY2026 EPS fell 19% to BDT 6.66 (DSE-announced) from 8.27, implying Q4 EPS of about BDT 0.01, and operating cash flow was minus BDT 7.43 a share as land buying resumed and collections fell; the dividend was cut to BDT 2.00.
Eastern Housing Limited (EHL) buys raw land around Dhaka, fills and develops it, and sells residential plots on instalments; it also builds apartments, shops and offices, some on land shared with landowners. It was incorporated in 1964, listed on the Dhaka Stock Exchange in 1994…