공시 • Apr 22
Power Grid Bangladesh PLC. to Report Q3, 2026 Results on Apr 28, 2026 Power Grid Bangladesh PLC. announced that they will report Q3, 2026 results on Apr 28, 2026 공시 • Jan 25
Power Grid Bangladesh PLC. to Report Q2, 2026 Results on Jan 28, 2026 Power Grid Bangladesh PLC. announced that they will report Q2, 2026 results on Jan 28, 2026 공시 • Nov 10
Power Grid Bangladesh PLC., Annual General Meeting, Jan 24, 2026 Power Grid Bangladesh PLC., Annual General Meeting, Jan 24, 2026, at 10:00 Central Asia Standard Time. Location: hybrid system at power grid auditorium, grid bhaban, avenue-3, jahurul islam city, aftabnagar, badda, dhaka, Bangladesh 공시 • Oct 31
Power Grid Bangladesh PLC. to Report Fiscal Year 2025 Results on Nov 09, 2025 Power Grid Bangladesh PLC. announced that they will report fiscal year 2025 results on Nov 09, 2025 공시 • Apr 23
Power Grid Bangladesh PLC. to Report Q3, 2025 Results on Apr 28, 2025 Power Grid Bangladesh PLC. announced that they will report Q3, 2025 results on Apr 28, 2025 공시 • Jan 30
Power Grid Company of Bangladesh Ltd. to Report Q2, 2025 Results on Feb 05, 2025 Power Grid Company of Bangladesh Ltd. announced that they will report Q2, 2025 results on Feb 05, 2025 공시 • Jan 21
Power Grid Company of Bangladesh Ltd. Recommends No Dividend for the Year Ended June 30, 2024 The board of directors of Power Grid Company of Bangladesh Ltd. has recommended no dividend for the year ended June 30, 2024. 공시 • Jan 20
Power Grid Company of Bangladesh Ltd., Annual General Meeting, Mar 08, 2025 Power Grid Company of Bangladesh Ltd., Annual General Meeting, Mar 08, 2025, at 10:00 Central Asia Standard Time. New Risk • Nov 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 56% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Shareholders have been diluted in the past year (28% increase in shares outstanding). New Risk • Jun 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 56% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Reported Earnings • Apr 27
Third quarter 2024 earnings released: EPS: ৳3.04 (vs ৳0.71 loss in 3Q 2023) Third quarter 2024 results: EPS: ৳3.04 (up from ৳0.71 loss in 3Q 2023). Revenue: ৳6.12b (up 13% from 3Q 2023). Net income: ৳2.17b (up ৳2.68b from 3Q 2023). Profit margin: 35% (up from net loss in 3Q 2023). The move to profitability was primarily 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 93 percentage points per year, which is a significant difference in performance. 공시 • Apr 23
Power Grid Company of Bangladesh Ltd. to Report Q3, 2024 Results on Apr 25, 2024 Power Grid Company of Bangladesh Ltd. announced that they will report Q3, 2024 results on Apr 25, 2024 Reported Earnings • Jan 31
Second quarter 2024 earnings released: EPS: ৳1.15 (vs ৳5.51 loss in 2Q 2023) Second quarter 2024 results: EPS: ৳1.15 (up from ৳5.51 loss in 2Q 2023). Revenue: ৳5.93b (up 11% from 2Q 2023). Net income: ৳816.9m (up ৳4.74b from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). The move to profitability was primarily 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 101 percentage points per year, which is a significant difference in performance. 공시 • Jan 24
Power Grid Company of Bangladesh Ltd. to Report Q2, 2024 Results on Jan 29, 2024 Power Grid Company of Bangladesh Ltd. announced that they will report Q2, 2024 results on Jan 29, 2024 Upcoming Dividend • Dec 13
Upcoming dividend of ৳1.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 20 December 2023. Payment date: 11 March 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (3.9%). 공시 • Nov 11
Power Grid Company of Bangladesh Ltd. Recommends Cash Dividend for the Year Ended June 30, 2023 The Board of Directors of Power Grid Company of Bangladesh Ltd. recommended 10% Cash Dividend excluding sponsors for the year ended June 30, 2023. Date of AGM: February 10, 2024, Record date: December 19, 2023. Reported Earnings • May 04
Third quarter 2023 earnings released: ৳0.71 loss per share (vs ৳1.17 profit in 3Q 2022) Third quarter 2023 results: ৳0.71 loss per share (down from ৳1.17 profit in 3Q 2022). Revenue: ৳5.40b (up 5.4% from 3Q 2022). Net loss: ৳508.6m (down 161% from profit in 3Q 2022). Reported Earnings • Feb 09
Second quarter 2023 earnings released: ৳5.51 loss per share (vs ৳0.93 profit in 2Q 2022) Second quarter 2023 results: ৳5.51 loss per share (down from ৳0.93 profit in 2Q 2022). Revenue: ৳5.34b (up 3.0% from 2Q 2022). Net loss: ৳3.93b (down ৳4.59b from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Nov 24
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 01 December 2022. Payment date: 20 February 2023. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (4.3%). 공시 • Nov 11
Power Grid Company of Bangladesh Ltd. Recommends Cash Dividend for the Year Ended June 30, 2022 Power Grid Company of Bangladesh Ltd. announced Board of Directors has recommended 10% cash dividend for general shareholders excluding sponsors for the year ended June 30, 2022. 공시 • Oct 20
HG Power Transmission Sdn Bhd Announces Material Litigation Against Power Grid Company of Bangladesh Ltd HG Power Transmission Sdn Bhd (“Claimant”) has on 17 October 2022 through its solicitors, submitted a Request for Arbitration (“Request”) against Power Grid Company of Bangladesh Ltd. (“Respondent”) with the Secretariat of the International Court of Arbitration of the International Chamber of Commerce pursuant to Article 4 of the ICC Rules of Arbitration in force as from 1 January 2021. The Request concerns a dispute arising from a contract for the provision of the design, supply and installation of 132kV and 230kV transmission line under enhancement of capacity of grid substations and transmission lines for rural electrification in Bangladesh (“Contract”) entered into between the Claimant and the Respondent dated 7 August 2016. By the said Contract, the Claimant was engaged by the Respondent as contractor for the provision of the design, supply and installation of 132kV and 230kV transmission line under enhancement of capacity of grid substations and transmission lines for rural electrification in Bangladesh. The Contract provides that claims for price adjustment for cost of labour and material are to be based on the price adjustment formula and labour and material indices pursuant to the terms under the Contract. The Claimant submitted its invoices for price variation and additional claims after completion of the Contract. In commencing Arbitration, the Claimant is claiming an amount totaling USD 5,776,540.66 being outstanding payment of invoices for price variation and additional claims made under the Contract. This Arbitration is part of the Claimant’s on-going recovery actions to protect and preserve the Claimant’s rights and monetary claims under the Contract subsequent to all of the Claimant’s efforts to resolve the matter in an amicable manner with the Respondent. The Company does not expect any losses to arise by reason of the commencement of the said arbitration proceedings other than the legal costs and time in addressing the claims. The Arbitration is not expected to have a financial and operational impact on the Company for the financial year ending 31 December 2022. Reported Earnings • May 16
Third quarter 2022 earnings released: EPS: ৳1.17 (vs ৳1.41 in 3Q 2021) Third quarter 2022 results: EPS: ৳1.17 (down from ৳1.41 in 3Q 2021). Revenue: ৳5.13b (up 8.2% from 3Q 2021). Net income: ৳830.9m (down 18% from 3Q 2021). Profit margin: 16% (down from 21% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 03
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.93 (down from ৳1.26 in 2Q 2021). Revenue: ৳5.19b (up 6.3% from 2Q 2021). Net income: ৳663.3m (down 26% from 2Q 2021). Profit margin: 13% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 15% share price gain to ৳61.60, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 15x in the Electric Utilities industry in Asia. Total returns to shareholders of 41% over the past three years. Upcoming Dividend • Nov 30
Upcoming dividend of ৳2.00 per share Eligible shareholders must have bought the stock before 07 December 2021. Payment date: 28 February 2022. Trailing yield: 3.7%. Within top quartile of Bangladeshi dividend payers (3.1%). Lower than average of industry peers (4.2%). Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ৳59.50, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 15x in the Electric Utilities industry in Asia. Total returns to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improved over the past week After last week's 16% share price gain to ৳65.00, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 15x in the Electric Utilities industry in Asia. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 16% share price gain to ৳59.50, the stock is trading at a trailing P/E ratio of 13.4x, up from the previous P/E ratio of 11.5x. This compares to an average P/E of 14x in the Electric Utilities industry in Asia. Total returns to shareholders over the past three years are 29%. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 19% share price gain to ৳55.50, the stock is trading at a trailing P/E ratio of 12.5x, up from the previous P/E ratio of 10.5x. This compares to an average P/E of 14x in the Electric Utilities industry in Asia. Total returns to shareholders over the past three years are 18%. Is New 90 Day High Low • Jan 05
New 90-day high: ৳51.30 The company is up 3.0% from its price of ৳50.00 on 07 October 2020. The Bangladeshi market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 7.0% over the same period. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 22% share price gain to ৳51.30, the stock is trading at a trailing P/E ratio of 5.7x, up from the previous P/E ratio of 4.7x. This compares to an average P/E of 15x in the Electric Utilities industry in Asia. Total returns to shareholders over the past three years are 8.9%. Is New 90 Day High Low • Dec 21
New 90-day low: ৳41.50 The company is down 20% from its price of ৳51.70 on 22 September 2020. The Bangladeshi market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 5.0% over the same period. Upcoming Dividend • Nov 22
Upcoming Dividend of ৳2.00 Per Share Will be paid on the 15th of February to those who are registered shareholders by the 29th of November. The trailing yield of 4.5% is in the top quartile of Bangladeshi dividend payers (3.8%), and it is in line with industry peers (4.4%). Is New 90 Day High Low • Nov 12
New 90-day low: ৳45.60 The company is down 8.0% from its price of ৳49.80 on 13 August 2020. The Bangladeshi market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 2.0% over the same period. 공시 • Nov 10
Power Grid Company of Bangladesh Ltd., Annual General Meeting, Jan 16, 2021 Power Grid Company of Bangladesh Ltd., Annual General Meeting, Jan 16, 2021, at 10:00 Bangladesh Standard Time.