Board Change • May 20
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. 5 non-independent directors. Independent Director Mohammad Islam 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. 공시 • Apr 24
Monno Ceramic Industries Limited to Report Q3, 2026 Results on Apr 29, 2026 Monno Ceramic Industries Limited announced that they will report Q3, 2026 results on Apr 29, 2026 공시 • Jan 20
Monno Ceramic Industries Limited to Report Q2, 2026 Results on Jan 28, 2026 Monno Ceramic Industries Limited announced that they will report Q2, 2026 results on Jan 28, 2026 공시 • Nov 04
Monno Ceramic Industries Limited to Report Q1, 2026 Results on Nov 10, 2025 Monno Ceramic Industries Limited announced that they will report Q1, 2026 results on Nov 10, 2025 공시 • Sep 26
Monno Ceramic Industries Limited announces Annual dividend, payable on January 11, 2026 Monno Ceramic Industries Limited announced Annual dividend of BDT 0.2000 per share payable on January 11, 2026, ex-date on October 26, 2025 and record date on October 23, 2025. 공시 • Sep 25
Monno Ceramic Industries Limited, Annual General Meeting, Dec 11, 2025 Monno Ceramic Industries Limited, Annual General Meeting, Dec 11, 2025, at 12:00 Central Asia Standard Time. Location: hybrid system in combination, of both physical presence, at factory premises, islampur, dhamrai, dhaka-1350, Bangladesh 공시 • Sep 18
Monno Ceramic Industries Limited to Report Fiscal Year 2025 Results on Sep 24, 2025 Monno Ceramic Industries Limited announced that they will report fiscal year 2025 results on Sep 24, 2025 공시 • Apr 23
Monno Ceramic Industries Limited to Report Q3, 2025 Results on Apr 30, 2025 Monno Ceramic Industries Limited announced that they will report Q3, 2025 results on Apr 30, 2025 공시 • Jan 22
Monno Ceramic Industries Limited to Report Q2, 2025 Results on Jan 29, 2025 Monno Ceramic Industries Limited announced that they will report Q2, 2025 results on Jan 29, 2025 Declared Dividend • Nov 13
Dividend of ৳0.10 announced Shareholders will receive a dividend of ৳0.10. Ex-date: 2nd December 2024 Payment date: 27th January 2025 Dividend yield will be 0.2%, which is lower than the industry average of 3.5%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.0% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ৳73.00, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 17x in the Consumer Durables industry in Asia. Total loss to shareholders of 35% over the past three years. 공시 • Oct 17
Monno Ceramic Industries Limited to Report Fiscal Year 2024 Results on Oct 28, 2024 Monno Ceramic Industries Limited announced that they will report fiscal year 2024 results on Oct 28, 2024 New Risk • Aug 08
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 7.1% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (৳297m revenue, or US$2.5m). Market cap is less than US$100m (৳3.47b market cap, or US$29.5m). Reported Earnings • May 18
Third quarter 2024 earnings released: EPS: ৳0.017 (vs ৳0.17 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.017 (down from ৳0.17 in 3Q 2023). Revenue: ৳41.3m (down 78% from 3Q 2023). Net income: ৳652.8k (down 90% from 3Q 2023). Profit margin: 1.6% (down from 3.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. 공시 • Apr 24
Monno Ceramic Industries Limited to Report Q3, 2024 Results on Apr 30, 2024 Monno Ceramic Industries Limited announced that they will report Q3, 2024 results on Apr 30, 2024 공시 • Jan 24
Monno Ceramic Industries Limited to Report Q2, 2024 Results on Jan 30, 2024 Monno Ceramic Industries Limited announced that they will report Q2, 2024 results on Jan 30, 2024 공시 • Dec 04
Monno Ceramic Industries Limited to Report Q1, 2024 Results on Dec 09, 2023 Monno Ceramic Industries Limited announced that they will report Q1, 2024 results on Dec 09, 2023 Upcoming Dividend • Dec 03
Upcoming dividend of ৳1.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 10 December 2023. Payment date: 29 January 2024. Trailing yield: 0.9%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (2.7%). 공시 • Nov 21
Monno Ceramic Industries Limited Recommends Cash Dividend for the Year Ended June 30, 2023 The Board of Directors of Monno Ceramic Industries Limited has recommended 10% cash dividend to public shareholders other than Sponsors and/or Directors for the year ended June 30, 2023. 공시 • Nov 20
Monno Ceramic Industries Limited, Annual General Meeting, Dec 30, 2023 Monno Ceramic Industries Limited, Annual General Meeting, Dec 30, 2023, at 11:00 Bangladesh Standard Time. New Risk • Aug 14
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 113% Dividend yield: 1.0% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings 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. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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 Risk Latest financial reports are more than 1 year old (reported March 2022 fiscal period end). Minor Risks Dividend is not well covered by earnings (113% payout ratio). Market cap is less than US$100m (৳3.75b market cap, or US$34.3m). 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 Mohd. Miazi 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. 공시 • Nov 01
Monno Ceramic Industries Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The Board of Directors of Monno Ceramic Industries Limited has recommended 10% cash dividend to general shareholders other than Sponsors/Directors for the year ended June 30, 2022. Buying Opportunity • Oct 23
Now 23% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be ৳128, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 27%. Board Change • Apr 27
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 Mohd. Miazi 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 • Feb 09
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.43 (up from ৳0.35 in 2Q 2021). Revenue: ৳259.0m (up 36% from 2Q 2021). Net income: ৳16.1m (up 21% from 2Q 2021). Profit margin: 6.2% (down from 7.0% 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, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Board Change • Dec 08
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 Mohd. Miazi 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 • Jun 05
Third quarter 2021 earnings released The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ৳176.3m (down 5.4% from 3Q 2020). Net income: ৳13.9m (up 375% from 3Q 2020). Profit margin: 7.9% (up from 1.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Nov 02
New 90-day low: ৳127 The company is down 4.0% from its price of ৳132 on 04 August 2020. The Bangladeshi market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 15% over the same period. 공시 • Oct 17
Monno Ceramic Industries Limited to Report Fiscal Year 2020 Results on Oct 27, 2020 Monno Ceramic Industries Limited announced that they will report fiscal year 2020 results on Oct 27, 2020