New Risk • Jul 12
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 Bangladeshi stocks, typically moving 7.2% 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 Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Share price has been highly volatile over the past 3 months (7.2% average weekly change). Minor Risk Market cap is less than US$100m (৳1.60b market cap, or US$13.0m). 공고 • Jun 16
Sikder Insurance Company Limited announces Annual dividend, payable on October 27, 2026 Sikder Insurance Company Limited announced Annual dividend of BDT 1.0000 per share payable on October 27, 2026, ex-date on July 26, 2026 and record date on July 23, 2026. 공고 • Jun 15
Sikder Insurance Company Limited, Annual General Meeting, Sep 27, 2026 Sikder Insurance Company Limited, Annual General Meeting, Sep 27, 2026, at 10:00 Central Asia Standard Time. Location: hybrid system, at corporate address, Bangladesh 공고 • Jun 09
Sikder Insurance Company Limited to Report Q1, 2026 Results on Jun 14, 2026 Sikder Insurance Company Limited announced that they will report Q1, 2026 results on Jun 14, 2026 Board Change • May 20
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. 10 experienced directors. No highly experienced directors. 2 independent directors (9 non-independent directors). Independent Director Gazi Md. Kabir was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공고 • Oct 22
Sikder Insurance Company Limited to Report Q3, 2025 Results on Oct 29, 2025 Sikder Insurance Company Limited announced that they will report Q3, 2025 results on Oct 29, 2025 공고 • Jul 24
Sikder Insurance Company Limited to Report Q2, 2025 Results on Jul 30, 2025 Sikder Insurance Company Limited announced that they will report Q2, 2025 results on Jul 30, 2025 공고 • May 15
Sikder Insurance Company Limited announces Annual dividend, payable on September 21, 2025 Sikder Insurance Company Limited announced Annual dividend of BDT 0.5000 per share payable on September 21, 2025, ex-date on June 29, 2025 and record date on June 26, 2025. 공고 • Oct 23
Sikder Insurance Company Limited to Report Q3, 2024 Results on Oct 29, 2024 Sikder Insurance Company Limited announced that they will report Q3, 2024 results on Oct 29, 2024 공고 • Jul 25
Sikder Insurance Company Limited to Report Q2, 2024 Results on Jul 31, 2024 Sikder Insurance Company Limited announced that they will report Q2, 2024 results on Jul 31, 2024 New Risk • Jul 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (৳1.27b market cap, or US$10.9m). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳31.50, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 18x in the Insurance industry in Bangladesh. 공고 • Jun 21
Sikder Insurance Company Limited, Annual General Meeting, Sep 26, 2024 Sikder Insurance Company Limited, Annual General Meeting, Sep 26, 2024, at 11:00 Central Asia Standard Time. Location: through physical presence, Bangladesh 공고 • Jun 20
Sikder Insurance Company Limited Recommends Cash Dividend for the Year Ended December 31, 2023 The Board of Directors of Sikder Insurance Company Limited recommended 3% Cash Dividend for the year ended December 31, 2023. New Risk • Jun 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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 Risks Debt is not well covered by operating cash flow (8.1% operating cash flow to total debt). Market cap is less than US$10m (৳1.12b market cap, or US$9.56m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Profit margins are more than 30% lower than last year (11% net profit margin). Revenue is less than US$5m (৳263m revenue, or US$2.2m). 공고 • Jun 10
Sikder Insurance Company Limited to Report Fiscal Year 2023 Results on Jun 13, 2024 Sikder Insurance Company Limited announced that they will report fiscal year 2023 results on Jun 13, 2024 New Risk • May 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.16b (US$9.95m) This is considered a major 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 Risks Debt is not well covered by operating cash flow (8.1% operating cash flow to total debt). Market cap is less than US$10m (৳1.16b market cap, or US$9.95m). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Revenue is less than US$5m (৳263m revenue, or US$2.3m). 공고 • May 10
Sikder Insurance Company Limited to Report Q1, 2024 Results on May 14, 2024 Sikder Insurance Company Limited announced that they will report Q1, 2024 results on May 14, 2024 공고 • Jan 26
Sikder Insurance Company Limited has completed an IPO in the amount of BDT 160 million. Sikder Insurance Company Limited has completed an IPO in the amount of BDT 160 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,600,000
Price\Range: BDT 10
Discount Per Security: BDT 0.2
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,400,000
Price\Range: BDT 10
Discount Per Security: BDT 0.1
Transaction Features: Reserved Share Offering Board Change • Jan 26
Less than half of directors are independent There are 10 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: 10 new directors. No experienced directors. No highly experienced directors. 2 independent directors (8 non-independent directors). Independent Director Uttam Bhowmik is the most experienced director on the board, commencing their role in 2021. Independent Director Gazi Md. Kabir was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.