New Risk • Apr 21
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 228% Dividend per share is over 8x cash flows per share. Dividend yield: 49% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 228% Dividend per share is over 8x cash flows per share. Earnings have declined by 3.6% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.0% net profit margin). Market cap is less than US$100m (PK₨7.88b market cap, or US$28.2m). Reported Earnings • Apr 21
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: PK₨0.47 (down from PK₨1.19 in 1Q 2025). Revenue: PK₨3.15b (up 1.8% from 1Q 2025). Net income: PK₨151.4m (down 61% from 1Q 2025). Profit margin: 4.8% (down from 12% in 1Q 2025). Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 2.1%. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annuncio • Mar 25
Engro Powergen Qadirpur Limited Approves Final Cash Dividend for the Year Ended December 31, 2025 Engro Powergen Qadirpur Limited at the 20th Annual General held on March 25, 2026, resolved that, in addition to the interim cash dividend of PKR 10.50 per share already declared and paid during the year, the final cash dividend for the year ended December 31, 2025 at the rate of PKR 1.25 per share (12.5%), be and is hereby declared payable to those shareholders whose names appeared in the Register of Members of the Company on March 18, 2026, as recommended by the Directors. Upcoming Dividend • Mar 11
Upcoming dividend of PK₨1.25 per share Eligible shareholders must have bought the stock before 18 March 2026. Payment date: 15 April 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 46%. Within top quartile of Pakistani dividend payers (8.4%). Higher than average of industry peers (12%). Reported Earnings • Mar 10
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: PK₨2.58 (down from PK₨6.61 in FY 2024). Revenue: PK₨11.9b (down 10% from FY 2024). Net income: PK₨836.3m (down 61% from FY 2024). Profit margin: 7.0% (down from 16% in FY 2024). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to PK₨25.26, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 7x in the Renewable Energy industry in Asia. Total returns to shareholders of 119% over the past three years. Reported Earnings • Feb 09
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: PK₨2.58 (down from PK₨6.61 in FY 2024). Revenue: PK₨11.9b (down 10% from FY 2024). Net income: PK₨836.3m (down 61% from FY 2024). Profit margin: 7.0% (down from 16% in FY 2024). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annuncio • Feb 05
Engro Powergen Qadirpur Limited, Annual General Meeting, Mar 25, 2026 Engro Powergen Qadirpur Limited, Annual General Meeting, Mar 25, 2026. Location: karachi Pakistan Annuncio • Jan 26
Engro Powergen Qadirpur Limited to Report Fiscal Year 2025 Results on Feb 04, 2026 Engro Powergen Qadirpur Limited announced that they will report fiscal year 2025 results on Feb 04, 2026 Reported Earnings • Oct 26
Third quarter 2025 earnings released: EPS: PK₨1.21 (vs PK₨3.91 in 3Q 2024) Third quarter 2025 results: EPS: PK₨1.21 (down from PK₨3.91 in 3Q 2024). Revenue: PK₨3.39b (down 11% from 3Q 2024). Net income: PK₨391.2m (down 69% from 3Q 2024). Profit margin: 12% (down from 33% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Declared Dividend • Oct 24
Dividend of PK₨0.50 announced Shareholders will receive a dividend of PK₨0.50. Ex-date: 31st October 2025 Payment date: 5th December 2025 Dividend yield will be 36%, which is higher than the industry average of 28%. Sustainability & Growth Dividend is not covered by earnings (408% earnings payout ratio). However, it is well covered by cash flows (48% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 354% to bring the payout ratio under control. EPS is expected to grow by 12% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Annuncio • Oct 14
Engro Powergen Qadirpur Limited to Report Q3, 2025 Results on Oct 22, 2025 Engro Powergen Qadirpur Limited announced that they will report Q3, 2025 results on Oct 22, 2025 Reported Earnings • Sep 03
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: PK₨0.23 (down from PK₨3.17 in 2Q 2024). Revenue: PK₨2.16b (down 38% from 2Q 2024). Net income: PK₨75.3m (down 93% from 2Q 2024). Profit margin: 3.5% (down from 29% in 2Q 2024). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Reported Earnings • Aug 01
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: PK₨0.23 (down from PK₨3.17 in 2Q 2024). Revenue: PK₨2.16b (down 38% from 2Q 2024). Net income: PK₨75.3m (down 93% from 2Q 2024). Profit margin: 3.5% (down from 29% in 2Q 2024). Revenue exceeded analyst estimates by 100%. Earnings per share (EPS) missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to PK₨27.94, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 7x in the Renewable Energy industry in Asia. Total returns to shareholders of 228% over the past three years. New Risk • Apr 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risks Dividend is not well covered by earnings (91% payout ratio). Market cap is less than US$100m (PK₨9.30b market cap, or US$33.0m). Reported Earnings • Apr 18
First quarter 2025 earnings released: EPS: PK₨1.19 (vs PK₨1.81 in 1Q 2024) First quarter 2025 results: EPS: PK₨1.19 (down from PK₨1.81 in 1Q 2024). Revenue: PK₨3.09b (flat on 1Q 2024). Net income: PK₨384.6m (down 34% from 1Q 2024). Profit margin: 12% (down from 19% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨35.27, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 8x in the Renewable Energy industry in Asia. Total returns to shareholders of 187% over the past three years. Annuncio • Apr 04
Engro Powergen Qadirpur Limited Announces the Resignation of Mohammad Yasir Khan from Its Board of Directors, Effective March 31, 2025 Engro Powergen Qadirpur Limited announced the resignation of Mr. Mohammad Yasir Khan from its Board of Directors, effective March 31, 2025. The development was disclosed in an official communication from the company, highlighting a significant change in its leadership structure. The resignation of Mr. Khan creates a Casual Vacancy on the board, a position that the company aims to fill in accordance with regulatory requirements. This process will be undertaken by the Board of Directors, who have assured stakeholders that they will proceed with the necessary steps in due course. Board Change • Feb 22
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Maryam Aziz was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annuncio • Feb 17
Engro Powergen Qadirpur Limited, Annual General Meeting, Mar 25, 2025 Engro Powergen Qadirpur Limited, Annual General Meeting, Mar 25, 2025. Location: karachi Pakistan Reported Earnings • Oct 17
Third quarter 2024 earnings: EPS exceeds analyst expectations Third quarter 2024 results: EPS: PK₨3.91 (up from PK₨3.77 in 3Q 2023). Revenue: PK₨3.82b (flat on 3Q 2023). Net income: PK₨1.27b (up 3.6% from 3Q 2023). Profit margin: 33% (up from 32% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 38%. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Declared Dividend • Oct 16
Dividend of PK₨2.50 announced Shareholders will receive a dividend of PK₨2.50. Ex-date: 24th October 2024 Payment date: 18th November 2024 Dividend yield will be 28%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 8.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 39% over the next 3 years. Since a fall of 13% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to PK₨25.28, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 3x in the Renewable Energy industry in Asia. Total returns to shareholders of 239% over the past three years. Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: PK₨3.17 (vs PK₨2.42 in 2Q 2023) Second quarter 2024 results: EPS: PK₨3.17 (up from PK₨2.42 in 2Q 2023). Revenue: PK₨3.50b (down 5.3% from 2Q 2023). Net income: PK₨1.03b (up 31% from 2Q 2023). Profit margin: 29% (up from 21% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 03
Dividend of PK₨3.50 announced Shareholders will receive a dividend of PK₨3.50. Ex-date: 12th August 2024 Payment date: 4th September 2024 Dividend yield will be 23%, which is lower than the industry average of 28%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 13% over the next 3 years. However, it would need to fall by 32% to increase the payout ratio to a potentially unsustainable range. Annuncio • Jul 23
Engro Powergen Qadirpur Limited to Report First Half, 2024 Results on Aug 01, 2024 Engro Powergen Qadirpur Limited announced that they will report first half, 2024 results on Aug 01, 2024 Reported Earnings • May 01
First quarter 2024 earnings released: EPS: PK₨1.81 (vs PK₨1.35 in 1Q 2023) First quarter 2024 results: EPS: PK₨1.81 (up from PK₨1.35 in 1Q 2023). Revenue: PK₨3.09b (down 8.6% from 1Q 2023). Net income: PK₨584.6m (up 33% from 1Q 2023). Profit margin: 19% (up from 13% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 11
Upcoming dividend of PK₨1.50 per share Eligible shareholders must have bought the stock before 18 March 2024. Payment date: 23 April 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 12%. Lower than top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (28%). Annuncio • Feb 28
Liberty Mills Ltd., Soorty Enterprises (Pvt.) Ltd. and Affinity Capital Pvt. Limited signed a share purchase agreement to acquire 68.89% stake in Engro Powergen Qadirpur Limited (KASE:EPQL) from Engro Energy Limited. Liberty Mills Ltd., Soorty Enterprises (Pvt.) Ltd. and Affinity Capital Pvt. Limited signed a share purchase agreement to acquire 68.89% stake in Engro Powergen Qadirpur Limited (KASE:EPQL) from Engro Energy Limited on February 26, 2024. Under the terms, 223.05 million shares shall be acquired. Completion is subject to regulatory approvals and other customary closing conditions. Arif Habib Limited acted as financial advisor for Liberty Mills Ltd., Soorty Enterprises (Pvt.) Ltd. and Affinity Capital Pvt. Limited. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: PK₨3.77 (vs PK₨3.00 in 3Q 2022) Third quarter 2023 results: EPS: PK₨3.77 (up from PK₨3.00 in 3Q 2022). Revenue: PK₨3.82b (up 16% from 3Q 2022). Net income: PK₨1.22b (up 26% from 3Q 2022). Profit margin: 32% (up from 29% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Oct 16
Upcoming dividend of PK₨2.00 per share at 11% yield Eligible shareholders must have bought the stock before 23 October 2023. Payment date: 16 November 2023. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 11%. Lower than top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (30%). Upcoming Dividend • Aug 08
Upcoming dividend of PK₨1.50 per share at 33% yield Eligible shareholders must have bought the stock before 15 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 33%. Within top quartile of Pakistani dividend payers (13%). Higher than average of industry peers (28%). Annuncio • May 10
Engro Powergen Qadirpur Limited Announces Resignation of Fauzia Viqar as A Director Engro Powergen Qadirpur Limited has announced that Ms. Fauzia Viqar has resigned from her position as a Director of the company, effective May 8, 2023. According to the company, the Casual Vacancy arising from the resignation will be filled by the Board of Directors at a later date. Annuncio • May 06
Engro Powergen Qadirpur Limited Announces Board Changes Engro Powergen Qadirpur Limited has announced the appointment of Mr. Muhammad Yasir Khan as its new Director, effective May 04, 2023. Mr. Khan will be replacing Mr. Farooq Barkat Ali, who has stepped down from the position. Annuncio • May 04
Engro Powergen Qadirpur Limited Announces CEO Changes Effective May 1, 2023, Semeen Akhter has been appointed as the new Chief Executive Officer (CEO) of Engro Powergen Qadirpur Limited. She will be replacing Shahab Qadir Khan as the CEO. Reported Earnings • Apr 16
First quarter 2023 earnings released: EPS: PK₨1.35 (vs PK₨0.47 in 1Q 2022) First quarter 2023 results: EPS: PK₨1.35 (up from PK₨0.47 in 1Q 2022). Revenue: PK₨3.38b (up 144% from 1Q 2022). Net income: PK₨438.3m (up 190% from 1Q 2022). Profit margin: 13% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: PK₨4.54 (vs PK₨4.92 in FY 2021) Full year 2022 results: EPS: PK₨4.54 (down from PK₨4.92 in FY 2021). Revenue: PK₨10.0b (down 1.7% from FY 2021). Net income: PK₨1.47b (down 7.7% from FY 2021). Profit margin: 15% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Fauzia Viqar was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: PK₨3.00 (vs PK₨1.72 in 3Q 2021) Third quarter 2022 results: EPS: PK₨3.00 (up from PK₨1.72 in 3Q 2021). Revenue: PK₨3.30b (up 13% from 3Q 2021). Net income: PK₨971.4m (up 74% from 3Q 2021). Profit margin: 29% (up from 19% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 20% share price gain to PK₨27.67, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 5x in the Renewable Energy industry in Asia. Total returns to shareholders of 158% over the past three years. Upcoming Dividend • Oct 18
Upcoming dividend of PK₨3.00 per share Eligible shareholders must have bought the stock before 25 October 2022. Payment date: 17 November 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 41%. Within top quartile of Pakistani dividend payers (12%). Higher than average of industry peers (22%). Upcoming Dividend • Aug 09
Upcoming dividend of PK₨5.00 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 08 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 28%. Within top quartile of Pakistani dividend payers (11%). In line with average of industry peers (26%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 20% share price gain to PK₨26.29, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total returns to shareholders of 143% over the past three years. Annuncio • Jul 03
Engro Powergen Qadirpur Limited Announces Resignation of Ahsan Zafar Syed as Director and Chairman of the Board Engro Powergen Qadirpur Limited informed Pakistan Stock Exchange that Mr. Ahsan Zafar Syed has resigned from his position as director and Chairman of the Board of the Company with effect from June 30, 2022. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨23.24, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total returns to shareholders of 102% over the past three years. Price Target Changed • Apr 27
Price target increased to PK₨28.00 Up from PK₨22.00, the current price target is provided by 1 analyst. New target price is 28% above last closing price of PK₨21.96. Stock is up 7.6% over the past year. The company is forecast to post earnings per share of PK₨5.10 for next year compared to PK₨4.92 last year. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Fauzia Viqar was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨21.47, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Renewable Energy industry in Asia. Total returns to shareholders of 54% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨27.07, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Renewable Energy industry in Asia. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorated over the past week After last week's 24% share price decline to PK₨22.70, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 2x in the Renewable Energy industry in Pakistan. Total returns to shareholders of 45% over the past three years. Buying Opportunity • Mar 11
Now 27% undervalued Over the last 90 days, the stock is up 28%. The fair value is estimated to be PK₨31.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. Earnings per share has declined by 16% per annum over the last 3 years. Upcoming Dividend • Mar 04
Upcoming dividend of PK₨6.00 per share Eligible shareholders must have bought the stock before 11 March 2022. Payment date: 13 April 2022. Payout ratio is a comfortable 70% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (28%). Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 23% share price gain to PK₨26.86, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 5x in the Renewable Energy industry in Asia. Total returns to shareholders of 30% over the past three years. Annuncio • Feb 02
Engro Powergen Qadirpur Limited Announces Appointment of Amir Qasim as Chief Financial Officer Engro Powergen Qadirpur Limited informed Pakistan Stock Exchange that Mr. Amir Qasim has been appointed as Chief Financial Officer of the company with effect from February 01, 2022 in place of Mr. Ali Athar. Buying Opportunity • Jan 20
Now 20% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be PK₨25.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. Earnings per share has declined by 16% per annum over the last 3 years. Reported Earnings • Oct 21
Third quarter 2021 earnings released: EPS PK₨1.72 (vs PK₨2.23 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: PK₨2.92b (up 12% from 3Q 2020). Net income: PK₨558.1m (down 23% from 3Q 2020). Profit margin: 19% (down from 28% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 18% per year. Upcoming Dividend • Sep 01
Upcoming dividend of PK₨1.50 per share Eligible shareholders must have bought the stock before 08 September 2021. Payment date: 01 October 2021. Trailing yield: 17%. Within top quartile of Pakistani dividend payers (9.2%). In line with average of industry peers (17%). Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS PK₨1.56 (vs PK₨1.28 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: PK₨2.53b (up 63% from 2Q 2020). Net income: PK₨505.8m (up 22% from 2Q 2020). Profit margin: 20% (down from 27% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Executive Departure • Jul 02
Chief Financial Officer Ali Athar has left the company On the 1st of July, Ali Athar's tenure as Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Ali's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Apr 15
First quarter 2021 earnings released: EPS PK₨1.23 (vs PK₨2.77 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: PK₨2.33b (down 17% from 1Q 2020). Net income: PK₨399.3m (down 55% from 1Q 2020). Profit margin: 17% (down from 32% in 1Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Price Target Changed • Apr 14
Price target increased to PK₨28.00 Up from PK₨26.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of PK₨20.91. Stock is up 11% over the past year. Executive Departure • Mar 21
Chief Financial Officer has left the company On the 8th of March, Rabia Khan's tenure in the role of Chief Financial Officer ended. We don't have any record of a personal shareholding under Rabia's name. A total of 2 executives have left over the last 12 months. Upcoming Dividend • Mar 15
Upcoming Dividend of PK₨1.75 Per Share Will be paid on the 21st of April to those who are registered shareholders by the 22nd of March. The trailing yield of 13% is in the top quartile of Pakistani dividend payers (8.3%), and it is in line with industry peers (13%). Reported Earnings • Mar 10
Full year 2020 earnings released: EPS PK₨6.42 (vs PK₨10.51 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: PK₨8.10b (down 39% from FY 2019). Net income: PK₨2.08b (down 39% from FY 2019). Profit margin: 26% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Annuncio • Mar 10
Engro Powergen Qadirpur Limited Announces Management Changes Engro Powergen Qadirpur Limited announced that Mr. Ali Athar has been appointed as Chief Financial Officer of the company with effect from March 08, 2021 in place of Ms. Rabia Wafah Khan. Is New 90 Day High Low • Mar 02
New 90-day high: PK₨22.60 The company is up 15% from its price of PK₨19.70 on 02 December 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 11% over the same period. Reported Earnings • Feb 12
Full year 2020 earnings released: EPS PK₨6.42 (vs PK₨10.51 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: PK₨8.10b (down 39% from FY 2019). Net income: PK₨2.08b (down 39% from FY 2019). Profit margin: 26% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 04
New 90-day high: PK₨22.28 The company is up 10.0% from its price of PK₨20.31 on 06 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 19% over the same period. Is New 90 Day High Low • Jan 18
New 90-day high: PK₨22.22 The company is up 11% from its price of PK₨20.00 on 20 October 2020. The Pakistani market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Renewable Energy industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 02
New 90-day high: PK₨21.39 The company is up 6.0% from its price of PK₨20.27 on 02 October 2020. The Pakistani market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Renewable Energy industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day low: PK₨19.25 The company is down 18% from its price of PK₨23.50 on 26 August 2020. The Pakistani market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: PK₨19.40 The company is down 21% from its price of PK₨24.46 on 04 August 2020. The Pakistani market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 2.0% over the same period. Reported Earnings • Oct 20
Third quarter earnings released Over the last 12 months the company has reported total profits of PK₨2.82b, down 15% from the prior year. Total revenue was PK₨9.33b over the last 12 months, down 35% from the prior year. Is New 90 Day High Low • Sep 29
New 90-day low: PK₨20.30 The company is down 1.0% from its price of PK₨20.51 on 01 July 2020. The Pakistani market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 14% over the same period.