Aankondiging • Apr 20
Dost Steels Limited to Report Q3, 2026 Results on Apr 27, 2026 Dost Steels Limited announced that they will report Q3, 2026 results on Apr 27, 2026 Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨6.67, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 13x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 24% over the past three years. New Risk • Mar 10
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 Pakistani stocks, typically moving 8.5% 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 Risks Revenue is less than US$1m. Market cap is less than US$10m (PK₨2.54b market cap, or US$9.10m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨5.98, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 12x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 8.5% over the past three years. New Risk • Mar 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: PK₨2.74b (US$9.81m) 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 Revenue is less than US$1m. Market cap is less than US$10m (PK₨2.74b market cap, or US$9.81m). Minor Risk Large one-off items impacting financial results. Aankondiging • Feb 20
Dost Steels Limited to Report First Half, 2026 Results on Feb 27, 2026 Dost Steels Limited announced that they will report first half, 2026 results on Feb 27, 2026 Aankondiging • Oct 31
Dost Steels Limited to Report Q1, 2026 Results on Oct 30, 2025 Dost Steels Limited announced that they will report Q1, 2026 results on Oct 30, 2025 New Risk • Oct 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 259% 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: Major Risk Revenue is less than US$1m. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (PK₨4.24b market cap, or US$15.1m). Aankondiging • Oct 07
Dost Steels Limited, Annual General Meeting, Oct 28, 2025 Dost Steels Limited, Annual General Meeting, Oct 28, 2025. Location: registered office 6-f, 4th floor, al-hafeez tower, m.m. alam road, gulberg-lll, lahore Pakistan New Risk • May 08
New major risk - Revenue and earnings growth Earnings have declined by 1.8% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-PK₨69m free cash flow). Earnings have declined by 1.8% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (PK₨3.72b market cap, or US$13.2m). New Risk • May 05
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 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 Less than 1 year of cash runway based on free cash flow trend (-PK₨69m free cash flow). Revenue is less than US$1m. 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₨3.95b market cap, or US$14.0m). New Risk • Mar 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: PK₨2.76b (US$9.84m) 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 Less than 1 year of cash runway based on free cash flow trend (-PK₨69m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (PK₨2.76b market cap, or US$9.84m). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% This is considered a major 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 Less than 1 year of cash runway based on free cash flow trend (-PK₨66m free cash flow). Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (PK₨3.00b market cap, or US$10.8m). New Risk • Dec 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: PK₨2.69b (US$9.67m) 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 Less than 1 year of cash runway based on free cash flow trend (-PK₨66m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (PK₨2.69b market cap, or US$9.67m). Minor Risk Shareholders have been diluted in the past year (41% increase in shares outstanding). Aankondiging • Dec 02
Dost Steels Limited to Report Q1, 2025 Results on Dec 06, 2024 Dost Steels Limited announced that they will report Q1, 2025 results on Dec 06, 2024 Aankondiging • Nov 07
Dost Steels Limited, Annual General Meeting, Nov 27, 2024 Dost Steels Limited, Annual General Meeting, Nov 27, 2024. Location: at the registered office, at room-401,4th floor, ibrahim trade centre,1-aibik block, barket market,new garden town, lahore Pakistan Aankondiging • Sep 21
Dost Steels Limited Announces Directors Appointments Dost Steels Limited elected a new slate of directors during its Extraordinary General Meeting held on September 19, 2024, marking a pivotal step in the company's governance for the next three years starting from September 20, 2024. The shareholders of Dost Steels Limited convened to elect seven members to the board, ensuring a continuation of leadership and strategic oversight. According to information available from the Pakistan Stock Exchange (PSX), the elected directors are poised to steer the company amidst the dynamic challenges of the steel manufacturing industry. The elected directors include Mian Abuzar Shad, Mr. Muhammad Azhar Chughtai, Mr. Naim Anwar, and Mr. Zahid Iftakhar, all classified under the category of Other Director. Mr. Shafiq Ahmed Soomro and Ms. Saba Azam have been designated as Independent Directors, enhancing the board's oversight capabilities with their unbiased perspectives. Additionally, Ms. Nargis Abuzar Shad has taken on the role of Female Director, emphasizing the company's commitment to diversity in its leadership ranks. Aankondiging • Jul 26
Dost Steels Limited Announces Company Secretary Changes Dost Steels Limited has announced a change in its corporate structure, with Mr. Muhammad Afzal Shahzad appointed as the new Company Secretary, succeeding Mr. Shahid Ali, who has ceased to hold the position. The transition comes as part of the company's ongoing adjustments within its management team. Mr. Shahzad's appointment is expected to bring continued adherence to corporate governance standards and ensure effective communication and compliance with regulatory requirements. His role will be pivotal in steering the administrative functions of Dost Steels Limited and upholding the company's commitments to transparency and regulatory compliance. The company has expressed its commitment to a smooth transition and continuity in its operations, with assurances that all procedural requirements regarding the change have been fulfilled in accordance with the relevant corporate and securities regulations. New Risk • Feb 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 41% 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 Less than 1 year of cash runway based on free cash flow trend (-PK₨52m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (PK₨2.41b market cap, or US$8.61m). Minor Risk Shareholders have been diluted in the past year (41% increase in shares outstanding). Aankondiging • Jan 10
Dost Steels Limited Announces Chief Executive Officer Changes Dost Steels Limited has announced that Mr. Jamal Iftakhar Ahmad stepped down as Chief Executive Officer, with Mr. Mian Abuzar Shad succeeding him in this pivotal role. Aankondiging • Jan 09
Dost Steels Limited Announces Board Changes Dost Steels Limited has announced several key changes following a board meeting held on January 08, 2024, at the company's registered office. These changes mark a significant shift in the company's leadership and strategic direction. Mrs. Mona Zahid has resigned from the Board of Directors of Dost Steels Limited, and Mrs. Nargis Abuzar Shad has been appointed in her place. The Board also appointed Mr. Murtaza Hussain and Mr. Jawad Hamid as directors, filling the casual vacancies left by the resignations of Mr. Bilal Jamal and Mr. Saad Zahid, which were previously announced to the PSX on November 22, 2023. Moreover, Mrs. Nargis Abuzar Shad has taken on the role of chairperson of the board, further solidifying her influence within the company. Board Change • Nov 16
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. 6 experienced directors. 2 highly experienced directors. 1 independent director (8 non-independent directors). Director Bilal Iftakhar was the last 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. Board Change • Apr 27
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. 6 experienced directors. 2 highly experienced directors. 1 independent director (8 non-independent directors). Director Bilal Iftakhar was the last 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. Is New 90 Day High Low • Feb 03
New 90-day low: PK₨3.71 The company is down 9.0% from its price of PK₨4.09 on 04 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 32% over the same period. Is New 90 Day High Low • Nov 12
New 90-day low: PK₨3.94 The company is down 1.0% from its price of PK₨4.00 on 13 August 2020. The Pakistani market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 3.0% over the same period. Aankondiging • Nov 10
Dost Steels Limited, Annual General Meeting, Nov 27, 2020 Dost Steels Limited, Annual General Meeting, Nov 27, 2020, at 09:30 Pakistan Standard Time. Location: 4th Floor, Ibrahim Trade Centre, 1-Abak Block Barkat Market, new Garden Town Lahore Pakistan Agenda: To confirm the minutes of the last Annual General Meeting held on October 25, 2019; to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2020 together with the Reports of the Directors and Auditors thereon; to appoint the Auditors of the Company for the year ending 30 June 2021 and to fix their remuneration; and to consider other matters. Aankondiging • Sep 24
Dost Steels Limited Announces Board Changes Dost Steels Limited appointed Mr. Bilal Jamal Iftakhar as Director with effect from September 16, 2020 in place of Mr. Abdul Rahim.