Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Nasreen Sattar was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. 공시 • May 02
Robi Axiata PLC. to Report Q1, 2026 Results on May 07, 2026 Robi Axiata PLC. announced that they will report Q1, 2026 results on May 07, 2026 공시 • Feb 23
Robi Axiata PLC., Annual General Meeting, Apr 22, 2026 Robi Axiata PLC., Annual General Meeting, Apr 22, 2026, at 11:00 Central Asia Standard Time. Location: address and link will be shared in due course, Bangladesh 공시 • Feb 10
Robi Axiata PLC. to Report Fiscal Year 2025 Results on Feb 19, 2026 Robi Axiata PLC. announced that they will report fiscal year 2025 results on Feb 19, 2026 공시 • Oct 20
Robi Axiata PLC. to Report Q3, 2025 Results on Oct 27, 2025 Robi Axiata PLC. announced that they will report Q3, 2025 results on Oct 27, 2025 공시 • Jul 23
Robi Axiata PLC. to Report Q2, 2025 Results on Jul 28, 2025 Robi Axiata PLC. announced that they will report Q2, 2025 results on Jul 28, 2025 공시 • May 13
Robi Axiata PLC. to Report Q1, 2025 Results on May 15, 2025 Robi Axiata PLC. announced that they will report Q1, 2025 results on May 15, 2025 공시 • Feb 18
Robi Axiata PLC., Annual General Meeting, Apr 21, 2025 Robi Axiata PLC., Annual General Meeting, Apr 21, 2025, at 11:00 Central Asia Standard Time. 공시 • Feb 12
Robi Axiata PLC. to Report Fiscal Year 2024 Results on Feb 17, 2025 Robi Axiata PLC. announced that they will report fiscal year 2024 results on Feb 17, 2025 Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ৳27.70, the stock trades at a trailing P/E ratio of 31x. Average forward P/E is 15x in the Wireless Telecom industry in Asia. Total loss to shareholders of 24% over the past three years. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: ৳0.36 (vs ৳0.20 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.36 (up from ৳0.20 in 3Q 2023). Revenue: ৳24.7b (down 2.7% from 3Q 2023). Net income: ৳1.89b (up 78% from 3Q 2023). Profit margin: 7.6% (up from 4.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Wireless Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ৳33.50, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 17x in the Wireless Telecom industry in Asia. Total loss to shareholders of 15% over the past three years. New Risk • Aug 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: Minor Risks Dividend is not well covered by earnings (112% payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Jul 30
Second quarter 2024 earnings released: EPS: ৳0.21 (vs ৳0.047 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.21 (up from ৳0.047 in 2Q 2023). Revenue: ৳26.0b (up 2.5% from 2Q 2023). Net income: ৳1.08b (up 341% from 2Q 2023). Profit margin: 4.1% (up from 1.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. 공시 • Jul 24
Robi Axiata PLC. to Report Q2, 2024 Results on Jul 29, 2024 Robi Axiata PLC. announced that they will report Q2, 2024 results on Jul 29, 2024 Buy Or Sell Opportunity • Jul 02
Now 23% overvalued Over the last 90 days, the stock has fallen 14% to ৳23.30. The fair value is estimated to be ৳18.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 26%. Buy Or Sell Opportunity • Jun 26
Now 24% overvalued Over the last 90 days, the stock has fallen 15% to ৳23.40. The fair value is estimated to be ৳18.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.5% over the last 3 years. Earnings per share has grown by 26%. Reported Earnings • Apr 23
First quarter 2024 earnings released: EPS: ৳0.20 (vs ৳0.08 in 1Q 2023) First quarter 2024 results: EPS: ৳0.20 (up from ৳0.08 in 1Q 2023). Revenue: ৳25.2b (up 7.2% from 1Q 2023). Net income: ৳1.07b (up 154% from 1Q 2023). Profit margin: 4.2% (up from 1.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. 공시 • Apr 21
Robi Axiata Limited to Report Q1, 2024 Results on Apr 22, 2024 Robi Axiata Limited announced that they will report Q1, 2024 results on Apr 22, 2024 Buy Or Sell Opportunity • Mar 21
Now 23% overvalued Over the last 90 days, the stock has fallen 4.3% to ৳28.70. The fair value is estimated to be ৳23.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 21%. Upcoming Dividend • Mar 12
Upcoming dividend of ৳0.10 per share Eligible shareholders must have bought the stock before 19 March 2024. Payment date: 26 May 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.3%. Lower than top quartile of Bangladeshi dividend payers (3.7%). Lower than average of industry peers (3.9%). Declared Dividend • Feb 21
Dividend of ৳0.10 announced Shareholders will receive a dividend of ৳0.10. Ex-date: 19th March 2024 Payment date: 26th May 2024 Dividend yield will be 0.3%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is not covered by earnings (123% earnings payout ratio). However, it is well covered by cash flows (20% cash payout ratio). The dividend has increased by an average of 5.3% per year over the past 3 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 37% to bring the payout ratio under control, which is less than the 141% EPS growth achieved over the last 3 years. 공시 • Feb 19
Robi Axiata Limited, Annual General Meeting, Apr 24, 2024 Robi Axiata Limited, Annual General Meeting, Apr 24, 2024, at 11:00 Bangladesh Standard Time. 공시 • Feb 13
Robi Axiata Limited to Report Q4, 2023 Results on Feb 15, 2024 Robi Axiata Limited announced that they will report Q4, 2023 results on Feb 15, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: ৳0.20 (vs ৳0.056 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.20 (up from ৳0.056 in 3Q 2022). Revenue: ৳25.4b (up 15% from 3Q 2022). Net income: ৳1.06b (up 263% from 3Q 2022). Profit margin: 4.2% (up from 1.3% in 3Q 2022). The increase in margin was driven by higher revenue. 공시 • Oct 24
Robi Axiata Limited to Report Q3, 2023 Results on Oct 25, 2023 Robi Axiata Limited announced that they will report Q3, 2023 results on Oct 25, 2023 공시 • Oct 12
Robi Axiata Limited Announces Executive Changes Robi Axiata Limited announced that Mr. Vivek Sood has been appointed as Chairman and Mr. Rajeev Sethi has been appointed as Managing Director of the company. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: ৳0.05 (vs ৳0.023 loss in 2Q 2022) Second quarter 2023 results: EPS: ৳0.05 (up from ৳0.023 loss in 2Q 2022). Revenue: ৳25.4b (up 21% from 2Q 2022). Net income: ৳243.6m (up ৳365.2m from 2Q 2022). Profit margin: 1.0% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. 공시 • Jul 25
Robi Axiata Limited to Report Q2, 2023 Results on Jul 26, 2023 Robi Axiata Limited announced that they will report Q2, 2023 results on Jul 26, 2023 공시 • Jun 15
Robi Axiata Limited Appoints Varinder Paul Singla as Chief Information Officer Bangladeshi operator Robi has appointed Varinder Paul Singla as its chief information officer. Prior to joining Robi, Singla served as senior vice-president, head of IT, at True Corporation in Thailand. Prior to True, Singla was head of IT at Telenor Myanmar and head of IT operating model at Telenor Group. He also previously served in various roles at IBM, India's Idea Cellular, Reliance Communication and Bharti Airtel. Reported Earnings • Apr 11
Full year 2022 earnings released Full year 2022 results: Revenue: ৳85.9b (up 5.4% from FY 2021). Net income: ৳1.83b (up 1.3% from FY 2021). Profit margin: 2.1% (in line with FY 2021). Upcoming Dividend • Mar 08
Upcoming dividend of ৳0.70 per share at 1.3% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 25 May 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.3%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (4.4%). 공시 • Feb 20
Robi Axiata Limited Recommends Cash Dividend for the Year Ended December 31, 2022 The Board of Directors of Robi Axiata Limited has recommended 7% cash dividend for the year ended December 31, 2022. 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 Nasir Ahmed 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. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: ৳0.056 (vs ৳0.17 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.056 (down from ৳0.17 in 3Q 2021). Revenue: ৳22.1b (up 5.9% from 3Q 2021). Net income: ৳291.8m (down 66% from 3Q 2021). Profit margin: 1.3% (down from 4.1% in 3Q 2021). The decrease in margin was driven by higher expenses. 공시 • Oct 04
Robi Axiata Limited Announces CEO Changes Robi Axiata Limited has appointed Rajeev Sethi as the company's chief executive officer. Sethi joins Robi following his role at Myanmar's leading mobile operator, Ooredoo, as its CEO. Prior to that, he served as the chief commercial officer at Airtel for Africa, reports bdnews24.com. He will be replacing M Riyaaz Rasheed, who has been serving as Robi's acting chief executive officer since August 2021. Rasheed will now focus on his role as the company's chief financial officer. Reported Earnings • Aug 01
Second quarter 2022 earnings released: ৳0.023 loss per share (vs ৳0.089 profit in 2Q 2021) Second quarter 2022 results: ৳0.023 loss per share (down from ৳0.089 profit in 2Q 2021). Revenue: ৳21.1b (up 3.7% from 2Q 2021). Net loss: ৳121.6m (down 126% from profit in 2Q 2021). Reported Earnings • May 16
First quarter 2022 earnings released: EPS: ৳0.076 (vs ৳0.065 in 1Q 2021) First quarter 2022 results: EPS: ৳0.076 (up from ৳0.065 in 1Q 2021). Revenue: ৳20.2b (up 1.9% from 1Q 2021). Net income: ৳398.3m (up 16% from 1Q 2021). Profit margin: 2.0% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Nasir Ahmed was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Upcoming Dividend • Mar 31
Upcoming dividend of ৳0.20 per share Eligible shareholders must have bought the stock before 07 April 2022. Payment date: 29 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.2%. Lower than top quartile of Bangladeshi dividend payers (3.3%). Lower than average of industry peers (4.8%). Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS ৳0.17 (vs ৳0.082 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ৳20.9b (up 7.8% from 3Q 2020). Net income: ৳864.6m (up 122% from 3Q 2020). Profit margin: 4.1% (up from 2.0% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 07
Second quarter 2021 earnings released: EPS ৳0.09 (vs ৳0.12 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ৳20.3b (up 15% from 2Q 2020). Net income: ৳466.4m (down 20% from 2Q 2020). Profit margin: 2.3% (down from 3.3% in 2Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • May 22
First quarter 2021 earnings released: EPS ৳0.07 (vs ৳0.04 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ৳19.8b (up 1.7% from 1Q 2020). Net income: ৳342.9m (up 83% from 1Q 2020). Profit margin: 1.7% (up from 1.0% in 1Q 2020).