View ValuationLalpir 将来の成長Future 基準チェック /06現在、 Lalpirの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Renewable Energy 収益成長12.2%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Price Target Changed • Apr 27Price target increased to PK₨50.00Up from PK₨40.00, the current price target is provided by 1 analyst. New target price is 257% above last closing price of PK₨14.00. Stock is down 12% over the past year. The company is forecast to post earnings per share of PK₨10.70 next year compared to a net loss per share of PK₨2.12 last year.すべての更新を表示Recent updatesお知らせ • Apr 17Lalpir Power Limited to Report Q1, 2026 Results on Apr 24, 2026Lalpir Power Limited announced that they will report Q1, 2026 results at 12:30 PM, Pakistan Standard Time on Apr 24, 2026お知らせ • Apr 02Lalpir Power Limited, Annual General Meeting, Apr 27, 2026Lalpir Power Limited, Annual General Meeting, Apr 27, 2026. Location: at emporium mall, the nishat elotel, trade and finance centre block, near expo centre, abdul haq road, johar town, lahore Pakistanお知らせ • Mar 24Lalpir Power Limited to Report Fiscal Year 2025 Results on Mar 31, 2026Lalpir Power Limited announced that they will report fiscal year 2025 results on Mar 31, 2026お知らせ • Jan 02Lalpir Power Limited Announces Change of DirectorLalpir Power Limited informed that Mr. Amir Mahmood, Director Lalpir Power Limited (the Company) has resigned from the Board of Directors of the Company and ceased to be the Director of the Company effective from December 29, 2025. Mr. Farrukh Ifzal has been appointed as Director on the Board of the Company in place of Mr. Amir Mahmood with effect from December 31, 2025 to fill the casual vacancy.New Risk • Sep 01New major risk - Revenue and earnings growthEarnings have declined by 4.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.2% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (0% payout ratio). Revenue is less than US$5m (PK₨777m revenue, or US$2.8m). Market cap is less than US$100m (PK₨9.82b market cap, or US$34.8m).Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to PK₨23.04, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 7x in the Renewable Energy industry in Pakistan. Total returns to shareholders of 428% over the past three years.New Risk • Apr 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (327% payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (PK₨9.53b market cap, or US$34.0m).Reported Earnings • Apr 05Full year 2024 earnings released: EPS: PK₨1.22 (vs PK₨12.05 in FY 2023)Full year 2024 results: EPS: PK₨1.22 (down from PK₨12.05 in FY 2023). Revenue: PK₨14.2b (down 27% from FY 2023). Net income: PK₨464.8m (down 90% from FY 2023). Profit margin: 3.3% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 04Lalpir Power Limited, Annual General Meeting, Apr 28, 2025Lalpir Power Limited, Annual General Meeting, Apr 28, 2025. Location: at emporium mall, the nishat hotel, trade and finance centre block, near expo centre, abdul haq road, johar town, lahore PakistanNew Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.0% 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: 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 (7.0% average weekly change). Market cap is less than US$100m (PK₨11.1b market cap, or US$39.7m).Buy Or Sell Opportunity • Mar 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to PK₨29.32. The fair value is estimated to be PK₨24.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 81%.Buy Or Sell Opportunity • Feb 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 35% to PK₨29.37. The fair value is estimated to be PK₨23.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 81%.Buy Or Sell Opportunity • Feb 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to PK₨27.95. The fair value is estimated to be PK₨22.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 81%.Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: PK₨4.43 (vs PK₨2.78 in 3Q 2023)Third quarter 2024 results: EPS: PK₨4.43 (up from PK₨2.78 in 3Q 2023). Revenue: PK₨2.84b (down 65% from 3Q 2023). Net income: PK₨1.68b (up 60% from 3Q 2023). Profit margin: 59% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Sep 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to PK₨24.35. The fair value is estimated to be PK₨20.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 75%.Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: PK₨4.22 (vs PK₨3.09 in 2Q 2023)Second quarter 2024 results: EPS: PK₨4.22 (up from PK₨3.09 in 2Q 2023). Revenue: PK₨4.66b (down 21% from 2Q 2023). Net income: PK₨1.60b (up 37% from 2Q 2023). Profit margin: 34% (up from 20% 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 75% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 22Lalpir Power Limited to Report Q2, 2024 Results on Aug 28, 2024Lalpir Power Limited announced that they will report Q2, 2024 results on Aug 28, 2024New Risk • May 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.6% 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 Risks Debt is not well covered by operating cash flow (4.4% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 129% Dividend per share is over 25x cash flows per share. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (PK₨10.1b market cap, or US$36.2m).Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨28.05, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 4x in the Renewable Energy industry in Asia. Total returns to shareholders of 414% over the past three years.Buy Or Sell Opportunity • May 10Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.7% to PK₨22.97. The fair value is estimated to be PK₨18.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 52%.Reported Earnings • May 01First quarter 2024 earnings released: EPS: PK₨3.81 (vs PK₨2.69 in 1Q 2023)First quarter 2024 results: EPS: PK₨3.81 (up from PK₨2.69 in 1Q 2023). Revenue: PK₨8.80b (up 237% from 1Q 2023). Net income: PK₨1.45b (up 41% from 1Q 2023). Profit margin: 16% (down from 39% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 30Upcoming dividend of PK₨2.00 per shareEligible shareholders must have bought the stock before 07 May 2024. Payment date: 30 May 2024. The company last paid an ordinary dividend in October 2013. The average dividend yield among industry peers is 24%.Reported Earnings • Mar 30Full year 2023 earnings released: EPS: PK₨12.05 (vs PK₨7.13 in FY 2022)Full year 2023 results: EPS: PK₨12.05 (up from PK₨7.13 in FY 2022). Revenue: PK₨19.5b (down 48% from FY 2022). Net income: PK₨4.58b (up 69% from FY 2022). Profit margin: 24% (up from 7.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Feb 27Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to PK₨20.03. The fair value is estimated to be PK₨25.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 7.8%.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: PK₨2.78 (vs PK₨0.53 in 3Q 2022)Third quarter 2023 results: EPS: PK₨2.78 (up from PK₨0.53 in 3Q 2022). Revenue: PK₨8.08b (down 38% from 3Q 2022). Net income: PK₨1.06b (up 421% from 3Q 2022). Profit margin: 13% (up from 1.6% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.Reported Earnings • Sep 02Second quarter 2023 earnings released: EPS: PK₨3.09 (vs PK₨1.02 in 2Q 2022)Second quarter 2023 results: EPS: PK₨3.09 (up from PK₨1.02 in 2Q 2022). Revenue: PK₨5.88b (down 66% from 2Q 2022). Net income: PK₨1.17b (up 202% from 2Q 2022). Profit margin: 20% (up from 2.3% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.New Risk • Aug 23New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 186% The company is paying a dividend despite having no free cash flows. Dividend yield: 89% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 186% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (PK₨6.13b market cap, or US$20.4m).Upcoming Dividend • Aug 15Upcoming dividend of PK₨15.00 per share at 12% yieldEligible shareholders must have bought the stock before 21 August 2023. Payment date: 13 September 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 12%. Lower than top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (26%).New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.5% 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 High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (PK₨12.2b market cap, or US$42.4m).Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨27.82, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 4x in the Renewable Energy industry in Asia. Total returns to shareholders of 245% over the past three years.Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨19.99, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 4x in the Renewable Energy industry in Asia. Total returns to shareholders of 210% over the past three years.New Risk • Jun 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.4% 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 High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (PK₨5.68b market cap, or US$19.8m).Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to PK₨14.95, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 3x in the Renewable Energy industry in Asia. Total returns to shareholders of 136% over the past three years.Buying Opportunity • Jun 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be PK₨16.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • Apr 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be PK₨16.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Apr 08Full year 2022 earnings released: EPS: PK₨7.13 (vs PK₨2.12 loss in FY 2021)Full year 2022 results: EPS: PK₨7.13 (up from PK₨2.12 loss in FY 2021). Revenue: PK₨37.6b (up 102% from FY 2021). Net income: PK₨2.71b (up PK₨3.51b from FY 2021). Profit margin: 7.2% (up from net loss in FY 2021). The move to profitability was 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 13% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 04Upcoming dividend of PK₨2.00 per share at 24% yieldEligible shareholders must have bought the stock before 11 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 24%. Within top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (31%).Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 22% share price gain to PK₨17.32, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 4x in the Renewable Energy industry in Asia. Total returns to shareholders of 107% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing 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 Hajra Arham was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: PK₨0.53 (vs PK₨2.12 loss in 3Q 2021)Third quarter 2022 results: EPS: PK₨0.53 (up from PK₨2.12 loss in 3Q 2021). Revenue: PK₨13.0b (up 64% from 3Q 2021). Net income: PK₨202.6m (up PK₨1.01b from 3Q 2021). Profit margin: 1.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • Sep 02Second quarter 2022 earnings released: EPS: PK₨1.02 (vs PK₨1.97 loss in 2Q 2021)Second quarter 2022 results: EPS: PK₨1.02 (up from PK₨1.97 loss in 2Q 2021). Revenue: PK₨17.1b (up 326% from 2Q 2021). Net income: PK₨389.0m (up PK₨1.14b from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 23Upcoming dividend of PK₨1.50 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 22 September 2022. The company last paid an ordinary dividend in October 2013. The average dividend yield among industry peers is 26%.Reported Earnings • May 01First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: PK₨2.76 (up from PK₨2.66 in 1Q 2021). Revenue: PK₨4.83b (up 36% from 1Q 2021). Net income: PK₨1.05b (up 3.8% from 1Q 2021). Profit margin: 22% (down from 28% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Price Target Changed • Apr 27Price target increased to PK₨50.00Up from PK₨40.00, the current price target is provided by 1 analyst. New target price is 257% above last closing price of PK₨14.00. Stock is down 12% over the past year. The company is forecast to post earnings per share of PK₨10.70 next year compared to a net loss per share of PK₨2.12 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Hajra Arham was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 31Full year 2021 earnings released: PK₨2.12 loss per share (vs PK₨9.35 profit in FY 2020)Full year 2021 results: PK₨2.12 loss per share (down from PK₨9.35 profit in FY 2020). Revenue: PK₨18.7b (up 50% from FY 2020). Net loss: PK₨806.3m (down 123% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.Reported Earnings • Oct 27Third quarter 2021 earnings released: PK₨2.12 loss per share (vs PK₨2.14 profit in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: PK₨7.97b (up 87% from 3Q 2020). Net loss: PK₨805.4m (down 199% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Upcoming Dividend • Oct 01Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 08 October 2021. Payment date: 03 November 2021. Trailing yield: 19%. Within top quartile of Pakistani dividend payers (10.0%). In line with average of industry peers (18%).Reported Earnings • Aug 26Second quarter 2021 earnings released: PK₨1.97 loss per share (vs PK₨2.62 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: PK₨4.02b (up 63% from 2Q 2020). Net loss: PK₨746.7m (down 175% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS PK₨2.66 (vs PK₨2.21 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: PK₨3.54b (up 48% from 1Q 2020). Net income: PK₨1.01b (up 20% from 1Q 2020). Profit margin: 28% (down from 35% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 08Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 15 April 2021. Payment date: 18 May 2021. Trailing yield: 18%. Within top quartile of Pakistani dividend payers (9.1%). Higher than average of industry peers (13%).Reported Earnings • Apr 04Full year 2020 earnings released: EPS PK₨9.35 (vs PK₨5.38 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: PK₨12.4b (down 3.4% from FY 2019). Net income: PK₨3.55b (up 74% from FY 2019). Profit margin: 29% (up from 16% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Jan 21New 90-day high: PK₨18.38The company is up 41% from its price of PK₨13.00 on 23 October 2020. The Pakistani market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 19% over the same period.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 34% share price gain to PK₨17.09, the stock is trading at a trailing P/E ratio of 2.1x, up from the previous P/E ratio of 1.6x. This compares to an average P/E of 2x in the Renewable Energy industry in Pakistan. Total returns to shareholders over the past three years are 3.4%.Is New 90 Day High Low • Jan 04New 90-day high: PK₨14.85The company is up 26% from its price of PK₨11.80 on 06 October 2020. The Pakistani market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 14% over the same period.Upcoming Dividend • Nov 06Upcoming Dividend of PK₨1.00 Per ShareWill be paid on the 8th of December to those who are registered shareholders by the 13th of November. The trailing yield of 15% is in the top quartile of Pakistani dividend payers (7.8%), and it is in line with industry peers (16%).Reported Earnings • Oct 27Third quarter earnings releasedOver the last 12 months the company has reported total profits of PK₨3.13b, up 92% from the prior year. Total revenue was PK₨11.1b over the last 12 months, down 17% from the prior year. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Lalpir は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測KASE:LPL - アナリストの将来予測と過去の財務データ ( )PKR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026N/A-1401,0001,000N/A12/31/2025N/A-816405405N/A9/30/2025-2,066-5,10015,67115,679N/A6/30/2025777-3,28115,48715,498N/A3/31/20255,437-1,44518,74018,754N/A12/31/202414,23946515,12415,163N/A9/30/202419,2176,0613,9263,971N/A6/30/202424,4445,433275408N/A3/31/202425,6625,002121354N/A12/31/202319,4724,5786,9767,286N/A9/30/202319,1874,3196,7357,069N/A6/30/202324,1603,4668,9459,197N/A3/31/202335,3922,682-2,674-2,508N/A12/31/202237,6112,707-2,856-2,792N/A9/30/202238,1101,3763,1893,215N/A6/30/202233,035368449467N/A3/31/202219,943-76813,33213,345N/A12/31/202118,654-80610,39010,406N/A9/30/202118,8203602,8962,911N/A6/30/202115,1071,9795,3455,361N/A3/31/202113,5483,7203,0703,083N/A12/31/202012,4023,5513,4803,489N/A9/30/202011,1313,1291,0561,153N/A6/30/202010,6742,8282,7032,841N/A3/31/202011,7592,285-1,319-1,187N/A12/31/201912,8402,044N/A-2,016N/A9/30/201913,3701,628N/A3,889N/A6/30/201915,0371,199N/A1,644N/A3/31/201917,038966N/A633N/A12/31/201816,810747N/A85N/A9/30/201816,919881N/A-3,499N/A6/30/201816,638945N/A-889N/A3/31/201817,2061,034N/A-645N/A12/31/201718,313972N/A935N/A9/30/201718,7281,008N/A517N/A6/30/201718,0321,050N/A388N/A3/31/201716,5351,069N/A-215N/A12/31/201615,366995N/A-434N/A9/30/201616,344866N/A429N/A6/30/201617,523786N/A-953N/A3/31/201619,214710N/A2,806N/A12/31/201522,079850N/A2,434N/A9/30/201525,0391,040N/A3,467N/A6/30/201523,8281,098N/A2,835N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: LPLの予測収益成長が 貯蓄率 ( 12.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: LPLの収益がPK市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: LPLの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: LPLの収益がPK市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: LPLの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: LPLの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/20 23:39終値2026/06/19 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Lalpir Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Mehwish ZafarJS Global Capital Limitednull nullOptimus Capital Management (Private) Limited
Price Target Changed • Apr 27Price target increased to PK₨50.00Up from PK₨40.00, the current price target is provided by 1 analyst. New target price is 257% above last closing price of PK₨14.00. Stock is down 12% over the past year. The company is forecast to post earnings per share of PK₨10.70 next year compared to a net loss per share of PK₨2.12 last year.
お知らせ • Apr 17Lalpir Power Limited to Report Q1, 2026 Results on Apr 24, 2026Lalpir Power Limited announced that they will report Q1, 2026 results at 12:30 PM, Pakistan Standard Time on Apr 24, 2026
お知らせ • Apr 02Lalpir Power Limited, Annual General Meeting, Apr 27, 2026Lalpir Power Limited, Annual General Meeting, Apr 27, 2026. Location: at emporium mall, the nishat elotel, trade and finance centre block, near expo centre, abdul haq road, johar town, lahore Pakistan
お知らせ • Mar 24Lalpir Power Limited to Report Fiscal Year 2025 Results on Mar 31, 2026Lalpir Power Limited announced that they will report fiscal year 2025 results on Mar 31, 2026
お知らせ • Jan 02Lalpir Power Limited Announces Change of DirectorLalpir Power Limited informed that Mr. Amir Mahmood, Director Lalpir Power Limited (the Company) has resigned from the Board of Directors of the Company and ceased to be the Director of the Company effective from December 29, 2025. Mr. Farrukh Ifzal has been appointed as Director on the Board of the Company in place of Mr. Amir Mahmood with effect from December 31, 2025 to fill the casual vacancy.
New Risk • Sep 01New major risk - Revenue and earnings growthEarnings have declined by 4.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.2% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (0% payout ratio). Revenue is less than US$5m (PK₨777m revenue, or US$2.8m). Market cap is less than US$100m (PK₨9.82b market cap, or US$34.8m).
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to PK₨23.04, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 7x in the Renewable Energy industry in Pakistan. Total returns to shareholders of 428% over the past three years.
New Risk • Apr 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (327% payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (PK₨9.53b market cap, or US$34.0m).
Reported Earnings • Apr 05Full year 2024 earnings released: EPS: PK₨1.22 (vs PK₨12.05 in FY 2023)Full year 2024 results: EPS: PK₨1.22 (down from PK₨12.05 in FY 2023). Revenue: PK₨14.2b (down 27% from FY 2023). Net income: PK₨464.8m (down 90% from FY 2023). Profit margin: 3.3% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 04Lalpir Power Limited, Annual General Meeting, Apr 28, 2025Lalpir Power Limited, Annual General Meeting, Apr 28, 2025. Location: at emporium mall, the nishat hotel, trade and finance centre block, near expo centre, abdul haq road, johar town, lahore Pakistan
New Risk • Mar 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.0% 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: 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 (7.0% average weekly change). Market cap is less than US$100m (PK₨11.1b market cap, or US$39.7m).
Buy Or Sell Opportunity • Mar 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 37% to PK₨29.32. The fair value is estimated to be PK₨24.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 81%.
Buy Or Sell Opportunity • Feb 22Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 35% to PK₨29.37. The fair value is estimated to be PK₨23.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 81%.
Buy Or Sell Opportunity • Feb 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to PK₨27.95. The fair value is estimated to be PK₨22.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 81%.
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: PK₨4.43 (vs PK₨2.78 in 3Q 2023)Third quarter 2024 results: EPS: PK₨4.43 (up from PK₨2.78 in 3Q 2023). Revenue: PK₨2.84b (down 65% from 3Q 2023). Net income: PK₨1.68b (up 60% from 3Q 2023). Profit margin: 59% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Sep 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to PK₨24.35. The fair value is estimated to be PK₨20.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 75%.
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: PK₨4.22 (vs PK₨3.09 in 2Q 2023)Second quarter 2024 results: EPS: PK₨4.22 (up from PK₨3.09 in 2Q 2023). Revenue: PK₨4.66b (down 21% from 2Q 2023). Net income: PK₨1.60b (up 37% from 2Q 2023). Profit margin: 34% (up from 20% 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 75% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 22Lalpir Power Limited to Report Q2, 2024 Results on Aug 28, 2024Lalpir Power Limited announced that they will report Q2, 2024 results on Aug 28, 2024
New Risk • May 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.6% 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 Risks Debt is not well covered by operating cash flow (4.4% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 129% Dividend per share is over 25x cash flows per share. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (PK₨10.1b market cap, or US$36.2m).
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to PK₨28.05, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 4x in the Renewable Energy industry in Asia. Total returns to shareholders of 414% over the past three years.
Buy Or Sell Opportunity • May 10Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.7% to PK₨22.97. The fair value is estimated to be PK₨18.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 52%.
Reported Earnings • May 01First quarter 2024 earnings released: EPS: PK₨3.81 (vs PK₨2.69 in 1Q 2023)First quarter 2024 results: EPS: PK₨3.81 (up from PK₨2.69 in 1Q 2023). Revenue: PK₨8.80b (up 237% from 1Q 2023). Net income: PK₨1.45b (up 41% from 1Q 2023). Profit margin: 16% (down from 39% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 30Upcoming dividend of PK₨2.00 per shareEligible shareholders must have bought the stock before 07 May 2024. Payment date: 30 May 2024. The company last paid an ordinary dividend in October 2013. The average dividend yield among industry peers is 24%.
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: PK₨12.05 (vs PK₨7.13 in FY 2022)Full year 2023 results: EPS: PK₨12.05 (up from PK₨7.13 in FY 2022). Revenue: PK₨19.5b (down 48% from FY 2022). Net income: PK₨4.58b (up 69% from FY 2022). Profit margin: 24% (up from 7.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Feb 27Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to PK₨20.03. The fair value is estimated to be PK₨25.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 7.8%.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: PK₨2.78 (vs PK₨0.53 in 3Q 2022)Third quarter 2023 results: EPS: PK₨2.78 (up from PK₨0.53 in 3Q 2022). Revenue: PK₨8.08b (down 38% from 3Q 2022). Net income: PK₨1.06b (up 421% from 3Q 2022). Profit margin: 13% (up from 1.6% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.
Reported Earnings • Sep 02Second quarter 2023 earnings released: EPS: PK₨3.09 (vs PK₨1.02 in 2Q 2022)Second quarter 2023 results: EPS: PK₨3.09 (up from PK₨1.02 in 2Q 2022). Revenue: PK₨5.88b (down 66% from 2Q 2022). Net income: PK₨1.17b (up 202% from 2Q 2022). Profit margin: 20% (up from 2.3% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
New Risk • Aug 23New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 186% The company is paying a dividend despite having no free cash flows. Dividend yield: 89% 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 186% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (PK₨6.13b market cap, or US$20.4m).
Upcoming Dividend • Aug 15Upcoming dividend of PK₨15.00 per share at 12% yieldEligible shareholders must have bought the stock before 21 August 2023. Payment date: 13 September 2023. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 12%. Lower than top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (26%).
New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.5% 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 High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (PK₨12.2b market cap, or US$42.4m).
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨27.82, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 4x in the Renewable Energy industry in Asia. Total returns to shareholders of 245% over the past three years.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to PK₨19.99, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 4x in the Renewable Energy industry in Asia. Total returns to shareholders of 210% over the past three years.
New Risk • Jun 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.4% 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 High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (PK₨5.68b market cap, or US$19.8m).
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to PK₨14.95, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 3x in the Renewable Energy industry in Asia. Total returns to shareholders of 136% over the past three years.
Buying Opportunity • Jun 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be PK₨16.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • Apr 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be PK₨16.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Apr 08Full year 2022 earnings released: EPS: PK₨7.13 (vs PK₨2.12 loss in FY 2021)Full year 2022 results: EPS: PK₨7.13 (up from PK₨2.12 loss in FY 2021). Revenue: PK₨37.6b (up 102% from FY 2021). Net income: PK₨2.71b (up PK₨3.51b from FY 2021). Profit margin: 7.2% (up from net loss in FY 2021). The move to profitability was 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 13% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 04Upcoming dividend of PK₨2.00 per share at 24% yieldEligible shareholders must have bought the stock before 11 April 2023. Payment date: 09 May 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 24%. Within top quartile of Pakistani dividend payers (13%). Lower than average of industry peers (31%).
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 22% share price gain to PK₨17.32, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 4x in the Renewable Energy industry in Asia. Total returns to shareholders of 107% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing 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 Hajra Arham was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: PK₨0.53 (vs PK₨2.12 loss in 3Q 2021)Third quarter 2022 results: EPS: PK₨0.53 (up from PK₨2.12 loss in 3Q 2021). Revenue: PK₨13.0b (up 64% from 3Q 2021). Net income: PK₨202.6m (up PK₨1.01b from 3Q 2021). Profit margin: 1.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • Sep 02Second quarter 2022 earnings released: EPS: PK₨1.02 (vs PK₨1.97 loss in 2Q 2021)Second quarter 2022 results: EPS: PK₨1.02 (up from PK₨1.97 loss in 2Q 2021). Revenue: PK₨17.1b (up 326% from 2Q 2021). Net income: PK₨389.0m (up PK₨1.14b from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 23Upcoming dividend of PK₨1.50 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 22 September 2022. The company last paid an ordinary dividend in October 2013. The average dividend yield among industry peers is 26%.
Reported Earnings • May 01First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: PK₨2.76 (up from PK₨2.66 in 1Q 2021). Revenue: PK₨4.83b (up 36% from 1Q 2021). Net income: PK₨1.05b (up 3.8% from 1Q 2021). Profit margin: 22% (down from 28% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 27Price target increased to PK₨50.00Up from PK₨40.00, the current price target is provided by 1 analyst. New target price is 257% above last closing price of PK₨14.00. Stock is down 12% over the past year. The company is forecast to post earnings per share of PK₨10.70 next year compared to a net loss per share of PK₨2.12 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Hajra Arham was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 31Full year 2021 earnings released: PK₨2.12 loss per share (vs PK₨9.35 profit in FY 2020)Full year 2021 results: PK₨2.12 loss per share (down from PK₨9.35 profit in FY 2020). Revenue: PK₨18.7b (up 50% from FY 2020). Net loss: PK₨806.3m (down 123% from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 1% per year.
Reported Earnings • Oct 27Third quarter 2021 earnings released: PK₨2.12 loss per share (vs PK₨2.14 profit in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: PK₨7.97b (up 87% from 3Q 2020). Net loss: PK₨805.4m (down 199% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Oct 01Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 08 October 2021. Payment date: 03 November 2021. Trailing yield: 19%. Within top quartile of Pakistani dividend payers (10.0%). In line with average of industry peers (18%).
Reported Earnings • Aug 26Second quarter 2021 earnings released: PK₨1.97 loss per share (vs PK₨2.62 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: PK₨4.02b (up 63% from 2Q 2020). Net loss: PK₨746.7m (down 175% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS PK₨2.66 (vs PK₨2.21 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: PK₨3.54b (up 48% from 1Q 2020). Net income: PK₨1.01b (up 20% from 1Q 2020). Profit margin: 28% (down from 35% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 08Upcoming dividend of PK₨1.00 per shareEligible shareholders must have bought the stock before 15 April 2021. Payment date: 18 May 2021. Trailing yield: 18%. Within top quartile of Pakistani dividend payers (9.1%). Higher than average of industry peers (13%).
Reported Earnings • Apr 04Full year 2020 earnings released: EPS PK₨9.35 (vs PK₨5.38 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: PK₨12.4b (down 3.4% from FY 2019). Net income: PK₨3.55b (up 74% from FY 2019). Profit margin: 29% (up from 16% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Jan 21New 90-day high: PK₨18.38The company is up 41% from its price of PK₨13.00 on 23 October 2020. The Pakistani market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 19% over the same period.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 34% share price gain to PK₨17.09, the stock is trading at a trailing P/E ratio of 2.1x, up from the previous P/E ratio of 1.6x. This compares to an average P/E of 2x in the Renewable Energy industry in Pakistan. Total returns to shareholders over the past three years are 3.4%.
Is New 90 Day High Low • Jan 04New 90-day high: PK₨14.85The company is up 26% from its price of PK₨11.80 on 06 October 2020. The Pakistani market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 14% over the same period.
Upcoming Dividend • Nov 06Upcoming Dividend of PK₨1.00 Per ShareWill be paid on the 8th of December to those who are registered shareholders by the 13th of November. The trailing yield of 15% is in the top quartile of Pakistani dividend payers (7.8%), and it is in line with industry peers (16%).
Reported Earnings • Oct 27Third quarter earnings releasedOver the last 12 months the company has reported total profits of PK₨3.13b, up 92% from the prior year. Total revenue was PK₨11.1b over the last 12 months, down 17% from the prior year.