Board Change • May 20
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. 4 non-independent directors. Independent Director Mohammad Rahman was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Apr 24
Doreen Power Generations and Systems Limited to Report Q3, 2026 Results on Apr 29, 2026 Doreen Power Generations and Systems Limited announced that they will report Q3, 2026 results on Apr 29, 2026 お知らせ • Jan 21
Doreen Power Generations and Systems Limited to Report Q2, 2026 Results on Jan 28, 2026 Doreen Power Generations and Systems Limited announced that they will report Q2, 2026 results on Jan 28, 2026 お知らせ • Nov 07
Doreen Power Generations and Systems Limited to Report Q1, 2026 Results on Nov 12, 2025 Doreen Power Generations and Systems Limited announced that they will report Q1, 2026 results on Nov 12, 2025 お知らせ • Oct 28
Doreen Power Generations and Systems Limited announces Annual dividend, payable on January 29, 2026 Doreen Power Generations and Systems Limited announced Annual dividend of BDT 1.0000 per share payable on January 29, 2026, ex-date on November 20, 2025 and record date on November 19, 2025. お知らせ • Oct 27
Doreen Power Generations and Systems Limited, Annual General Meeting, Dec 30, 2025 Doreen Power Generations and Systems Limited, Annual General Meeting, Dec 30, 2025, at 11:00 Central Asia Standard Time. お知らせ • Oct 14
Doreen Power Generations and Systems Limited to Report Fiscal Year 2025 Results on Oct 23, 2025 Doreen Power Generations and Systems Limited announced that they will report fiscal year 2025 results on Oct 23, 2025 お知らせ • Apr 21
Doreen Power Generations and Systems Limited to Report Q3, 2025 Results on Apr 23, 2025 Doreen Power Generations and Systems Limited announced that they will report Q3, 2025 results on Apr 23, 2025 お知らせ • Jan 23
Doreen Power Generations and Systems Limited to Report Q2, 2025 Results on Jan 29, 2025 Doreen Power Generations and Systems Limited announced that they will report Q2, 2025 results on Jan 29, 2025 New Risk • Nov 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (৳4.44b market cap, or US$37.0m). New Risk • Nov 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (৳4.04b market cap, or US$33.7m). Upcoming Dividend • Nov 14
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 21 November 2024. Payment date: 19 January 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Bangladeshi dividend payers (4.5%). Lower than average of industry peers (5.0%). お知らせ • Nov 08
Doreen Power Generations and Systems Limited to Report Q1, 2025 Results on Nov 13, 2024 Doreen Power Generations and Systems Limited announced that they will report Q1, 2025 results on Nov 13, 2024 Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳21.00, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 7x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 63% over the past three years. お知らせ • Oct 30
Doreen Power Generations and Systems Limited Recommends 10% Cash Dividend for the Year Ended June 30, 2024 The Board of Directors of Doreen Power Generations and Systems Limited recommended 10.00% Cash Dividend for all Shareholders excluding the Sponsors /Directors for the year ended June 30, 2024. The Sponsors/Directors who shall not be entitled to recommended cash Dividend, hold 120.64 million shares out of total 181.12 million Shares. The amount of Cash Dividend to be payable to the General Shareholders is Tk. 60.48 million. Date of AGM: December 19, 2024. Record Date is November 20, 2024. Declared Dividend • Oct 30
Dividend of ৳1.00 announced Shareholders will receive a dividend of ৳1.00. Ex-date: 21st November 2024 Payment date: 19th January 2025 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (3% cash payout ratio). The dividend has increased by an average of 12% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.1% EPS decline seen over the last 5 years. お知らせ • Oct 29
Doreen Power Generations and Systems Limited, Annual General Meeting, Dec 19, 2024 Doreen Power Generations and Systems Limited, Annual General Meeting, Dec 19, 2024, at 11:00 Central Asia Standard Time. お知らせ • Oct 17
Doreen Power Generations and Systems Limited to Report Fiscal Year 2024 Results on Oct 27, 2024 Doreen Power Generations and Systems Limited announced that they will report fiscal year 2024 results on Oct 27, 2024 Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳19.60, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 8x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 70% over the past three years. New Risk • Jul 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (৳5.47b market cap, or US$46.5m). Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳30.20, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 10x in the Renewable Energy industry in Bangladesh. Total loss to shareholders of 39% over the past three years. Board Change • May 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Muhammad Miah was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Apr 23
Doreen Power Generations and Systems Limited to Report Q3, 2024 Results on Apr 29, 2024 Doreen Power Generations and Systems Limited announced that they will report Q3, 2024 results on Apr 29, 2024 お知らせ • Feb 20
Doreen Power Generations and Systems Limited Announces Shut-Down of 22 Mw Power Plant At Feni Doreen Power Generations and Systems Limited announced that the plant will be in shut-down condition from mid-night of February 15, 2024 until further instruction from Bangladesh Power Development Board (BPDB) or Ministry of Power, Energy and Mineral Resources for operation of the Power Plant. お知らせ • Jan 25
Doreen Power Generations and Systems Limited to Report Q2, 2024 Results on Jan 30, 2024 Doreen Power Generations and Systems Limited announced that they will report Q2, 2024 results on Jan 30, 2024 お知らせ • Dec 28
Doreen Power Generations and Systems Limited Announces Regarding Shut-down of Doreen (DPGSL) 22 MW Power Plant at Narsingdi Doreen Power Generations and Systems Limited announced that as the PPA's term is over, the plant is in shut-down condition from mid-night of December 20, 2023 until further instruction from Bangladesh Power Development Board (BPDB) or Ministry of Power, Energy and Mineral Resources for operation of the Power Plant. Reported Earnings • Nov 14
Full year 2023 earnings released: EPS: ৳3.56 (vs ৳9.21 in FY 2022) Full year 2023 results: EPS: ৳3.56 (down from ৳9.21 in FY 2022). Revenue: ৳18.4b (up 23% from FY 2022). Net income: ৳644.0m (down 61% from FY 2022). Profit margin: 3.5% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Nov 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.2% net profit margin). Upcoming Dividend • Nov 05
Upcoming dividend of ৳1.10 per share at 1.8% yield Eligible shareholders must have bought the stock before 12 November 2023. Payment date: 07 January 2024. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Bangladeshi dividend payers (3.3%). Lower than average of industry peers (6.0%). New Risk • Nov 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ৳11.0b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (৳11.0b market cap, or US$99.9m). お知らせ • Oct 17
Doreen Power Generations and Systems Limited Recommends 11% Cash Dividend for the Year Ended June 30, 2023 The Board of Directors of Doreen Power Generations and Systems Limited has recommended 11% Cash dividend for shareholders excluding the Sponsors/Directors for the year ended June 30, 2023. The Sponsors/Directors who shall not be entitled to recommended cash Dividend, holds 120.64 million shares out of total 181.12 million Shares. The amount of Cash Dividend to be payable to the General Shareholders is BDT 66.53 million. お知らせ • Oct 10
Doreen Power Generations and Systems Limited to Report Fiscal Year 2023 Results on Oct 12, 2023 Doreen Power Generations and Systems Limited announced that they will report fiscal year 2023 results on Oct 12, 2023 お知らせ • Aug 25
Doreen Power Generations and Systems Limited Appoints Muhammad Amzad Shakil as Acting Company Secretary Doreen Power Generations and Systems Limited decided to appoint Mr. Muhammad Amzad Shakil, FCA, General Manager, Finance and Accounts as the Acting Company Secretary of the company. Reported Earnings • Apr 27
Third quarter 2023 earnings released: EPS: ৳1.03 (vs ৳3.02 in 3Q 2022) Third quarter 2023 results: EPS: ৳1.03 (down from ৳3.02 in 3Q 2022). Revenue: ৳3.79b (flat on 3Q 2022). Net income: ৳186.4m (down 66% from 3Q 2022). Profit margin: 4.9% (down from 14% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Feb 05
Second quarter 2023 earnings released: ৳1.23 loss per share (vs ৳2.08 profit in 2Q 2022) Second quarter 2023 results: ৳1.23 loss per share (down from ৳2.08 profit in 2Q 2022). Revenue: ৳4.39b (up 93% from 2Q 2022). Net loss: ৳222.1m (down 159% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 22
First quarter 2023 earnings released: EPS: ৳1.99 (vs ৳2.26 in 1Q 2022) First quarter 2023 results: EPS: ৳1.99 (down from ৳2.26 in 1Q 2022). Revenue: ৳5.60b (up 137% from 1Q 2022). Net income: ৳360.5m (down 12% from 1Q 2022). Profit margin: 6.4% (down from 17% in 1Q 2022). The decrease in margin was driven by higher 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 14% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Towfiqul Khan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 31
Upcoming dividend of ৳1.80 per share Eligible shareholders must have bought the stock before 07 November 2022. Payment date: 17 January 2023. Trailing yield: 2.7%. Lower than top quartile of Bangladeshi dividend payers (3.9%). Lower than average of industry peers (6.4%). お知らせ • Sep 27
Doreen Power Generations and Systems Limited Recommends Dividend for the Year Ended June 30, 2022 Doreen Power Generations and Systems Limited has recommended 12% stock dividend for all shareholders and 18% cash dividend for shareholders excluding the Sponsors/Directors for the year ended June 30, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Towfiqul Khan was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 05
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳2.33 (up from ৳2.05 in 2Q 2021). Revenue: ৳2.28b (up 58% from 2Q 2021). Net income: ৳376.3m (up 13% from 2Q 2021). Profit margin: 17% (down from 23% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ৳7.23 (up from ৳4.93 in FY 2020). Revenue: ৳6.66b (up 40% from FY 2020). Net income: ৳1.17b (up 47% from FY 2020). Profit margin: 18% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Upcoming Dividend • Nov 03
Upcoming dividend of ৳1.30 per share Eligible shareholders must have bought the stock before 10 November 2021. Payment date: 04 January 2022. Trailing yield: 1.7%. Lower than top quartile of Bangladeshi dividend payers (2.8%). Lower than average of industry peers (6.2%). Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 16% share price gain to ৳91.30, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 13x in the Renewable Energy industry in Bangladesh. Total returns to shareholders of 25% over the past three years. Reported Earnings • Feb 01
Second quarter 2021 earnings released: EPS ৳2.30 (vs ৳1.05 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ৳1.44b (up 50% from 2Q 2020). Net income: ৳331.9m (up 118% from 2Q 2020). Profit margin: 23% (up from 16% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 11
New 90-day high: ৳65.90 The company is up 19% from its price of ৳55.18 on 13 October 2020. The Bangladeshi market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: ৳61.00 The company is up 7.0% from its price of ৳56.91 on 29 September 2020. The Bangladeshi market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 5.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day low: ৳58.80 The company is down 5.0% from its price of ৳62.00 on 30 July 2020. The Bangladeshi market is up 17% 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. お知らせ • Jul 31
Doreen Power Generations and Systems Limited (DSE:DOREENPWR) completed the acquisition of 39.9% stake in Chandpur Power Generations Limited from Doreen Power House & Technologies Ltd. Doreen Power Generations and Systems Limited (DSE:DOREENPWR) agreed to acquire an additional 39.9% stake in Chandpur Power Generations Limited from Doreen Power House & Technologies Ltd for BDT on April 11, 2019. Doreen Power Generations and Systems Limited will acquire 0.39 million shares for BDK 100 per share. Post completion, Doreen Power Generations and Systems Limited will hold 99.9% stake in Chandpur Power Generations Limited.
Doreen Power Generations and Systems Limited (DSE:DOREENPWR) completed the acquisition of 39.9% stake in Chandpur Power Generations Limited from Doreen Power House & Technologies Ltd on April 11, 2019.