Company · Initiation · 29 Oct 2026
Shahjibazar Power: NENP plant to 2029, fair value BDT 18.5-51.2
Fair value BDT 18.5-51.2 (base 38.3) from a plant-by-plant SOTP to each contract end; FY26 EPS of BDT 6.04 rests on NENP dispatch and an associate that pays no dividend.
Shahjibazar Power Co. Ltd. (DSE: SPCL) is a Bangladeshi independent power producer (IPP) with three earnings streams: its own 86 MW gas-fired plant at Fatepur, Habiganj that sells to the Bangladesh Power Development Board (BPDB); a 49% stake in Midland Power Co. (a 51 MW…
Fair value ৳19–51 · price ৳55.90 (2026-10-29)