Board Change • May 20
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. 8 non-independent directors. Independent Director Sultan Rahman was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 22
Advanced Chemical Industries PLC. to Report Q3, 2026 Results on Apr 29, 2026 Advanced Chemical Industries PLC. announced that they will report Q3, 2026 results on Apr 29, 2026 Announcement • Jan 21
Advanced Chemical Industries PLC. to Report Q2, 2026 Results on Jan 29, 2026 Advanced Chemical Industries PLC. announced that they will report Q2, 2026 results on Jan 29, 2026 Announcement • Nov 09
Advanced Chemical Industries PLC. to Report Q1, 2026 Results on Nov 12, 2025 Advanced Chemical Industries PLC. announced that they will report Q1, 2026 results on Nov 12, 2025 Announcement • Oct 30
Advanced Chemical Industries plc announces Annual dividend, payable on January 27, 2026 Advanced Chemical Industries plc announced Annual dividend of BDT 2.5000 per share payable on January 27, 2026, ex-date on November 20, 2025 and record date on November 19, 2025. Announcement • Oct 29
Advanced Chemical Industries PLC., Annual General Meeting, Dec 28, 2025 Advanced Chemical Industries PLC., Annual General Meeting, Dec 28, 2025, at 11:30 Central Asia Standard Time. Announcement • Oct 21
Advanced Chemical Industries PLC. to Report Fiscal Year 2025 Results on Oct 28, 2025 Advanced Chemical Industries PLC. announced that they will report fiscal year 2025 results on Oct 28, 2025 Announcement • Apr 21
Advanced Chemical Industries Limited to Report Q3, 2025 Results on Apr 29, 2025 Advanced Chemical Industries Limited announced that they will report Q3, 2025 results on Apr 29, 2025 Announcement • Jan 22
Advanced Chemical Industries Limited to Report Q2, 2025 Results on Jan 30, 2025 Advanced Chemical Industries Limited announced that they will report Q2, 2025 results on Jan 30, 2025 Upcoming Dividend • Nov 14
Upcoming dividend of ৳2.00 per share Eligible shareholders must have bought the stock before 18 November 2024. Payment date: 28 January 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Bangladeshi dividend payers (4.5%). Lower than average of industry peers (3.2%). Announcement • Nov 11
Advanced Chemical Industries Limited to Report Q1, 2025 Results on Nov 14, 2024 Advanced Chemical Industries Limited announced that they will report Q1, 2025 results on Nov 14, 2024 Declared Dividend • Oct 31
Dividend of ৳2.00 announced Shareholders will receive a dividend of ৳2.00. Ex-date: 18th November 2024 Payment date: 28th January 2025 Dividend yield will be 1.4%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 2.2% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Oct 29
Advanced Chemical Industries Limited, Annual General Meeting, Dec 29, 2024 Advanced Chemical Industries Limited, Annual General Meeting, Dec 29, 2024, at 11:30 Central Asia Standard Time. Announcement • Oct 21
Advanced Chemical Industries Limited to Report Fiscal Year 2024 Results on Oct 28, 2024 Advanced Chemical 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 7.0% 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 Interest payments are not well covered by earnings (1.1x 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. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • May 05
Third quarter 2024 earnings released: EPS: ৳0.15 (vs ৳0.33 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.15 (down from ৳0.33 in 3Q 2023). Revenue: ৳30.5b (up 7.0% from 3Q 2023). Net income: ৳11.3m (down 55% from 3Q 2023). Profit margin: 0% (down from 0.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Advanced Chemical Industries Limited to Report Q3, 2024 Results on Apr 29, 2024 Advanced Chemical Industries Limited announced that they will report Q3, 2024 results on Apr 29, 2024 New Risk • Apr 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ৳11.0b (US$99.9m) This is considered a minor 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 Interest payments are not well covered by earnings (1.1x 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. Minor Risk Market cap is less than US$100m (৳11.0b market cap, or US$99.9m). Reported Earnings • Feb 01
Second quarter 2024 earnings released: ৳6.35 loss per share (vs ৳1.96 profit in 2Q 2023) Second quarter 2024 results: ৳6.35 loss per share (down from ৳1.96 profit in 2Q 2023). Revenue: ৳32.0b (up 5.8% from 2Q 2023). Net loss: ৳483.9m (down 424% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Jan 23
Advanced Chemical Industries Limited to Report Q2, 2024 Results on Jan 30, 2024 Advanced Chemical Industries Limited announced that they will report Q2, 2024 results on Jan 30, 2024 Reported Earnings • Dec 08
First quarter 2024 earnings released: ৳2.07 loss per share (vs ৳3.75 loss in 1Q 2023) First quarter 2024 results: ৳2.07 loss per share (improved from ৳3.75 loss in 1Q 2023). Revenue: ৳30.4b (up 14% from 1Q 2023). Net loss: ৳157.9m (loss narrowed 45% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 12
Upcoming dividend of ৳4.00 per share at 1.5% yield Eligible shareholders must have bought the stock before 19 November 2023. Payment date: 28 January 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Bangladeshi dividend payers (3.3%). Lower than average of industry peers (4.2%). Announcement • Oct 31
Advanced Chemical Industries Limited Recommends Cash Dividend for the Year Ended June 30, 2023 The Board of Directors of Advanced Chemical Industries Limited recommended 40% Cash dividend for the year ended June 30, 2023. Record date is November 16, 2023. Announcement • Oct 30
Advanced Chemical Industries Limited, Annual General Meeting, Dec 28, 2023 Advanced Chemical Industries Limited, Annual General Meeting, Dec 28, 2023, at 05:30 Coordinated Universal Time. Announcement • Oct 20
Advanced Chemical Industries Limited to Report Fiscal Year 2023 Results on Oct 26, 2023 Advanced Chemical Industries Limited announced that they will report fiscal year 2023 results on Oct 26, 2023 Reported Earnings • Jun 09
Third quarter 2023 earnings released: EPS: ৳0.33 (vs ৳0.42 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.33 (down from ৳0.42 in 3Q 2022). Revenue: ৳28.5b (up 21% from 3Q 2022). Net income: ৳25.4m (down 20% from 3Q 2022). Profit margin: 0.1% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 06
Third quarter 2023 earnings released: EPS: ৳0.33 (vs ৳0.42 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.33 (down from ৳0.42 in 3Q 2022). Revenue: ৳28.5b (up 21% from 3Q 2022). Net income: ৳25.4m (down 20% from 3Q 2022). Profit margin: 0.1% (in line with 3Q 2022). Reported Earnings • Feb 02
Second quarter 2023 earnings released: EPS: ৳1.96 (vs ৳2.00 in 2Q 2022) Second quarter 2023 results: EPS: ৳1.96 (down from ৳2.00 in 2Q 2022). Revenue: ৳30.3b (up 25% from 2Q 2022). Net income: ৳149.6m (down 1.6% from 2Q 2022). Profit margin: 0.5% (down from 0.6% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • Nov 28
Tata Consumer Products UK Group Limited and Tata Consumer Products Overseas Holdings Limited agreed to acquire Tetley ACI Bangladesh Limited from Advanced Chemical Industries Limited (DSE:ACI) for BDT 106 million. Tata Consumer Products UK Group Limited and Tata Consumer Products Overseas Holdings Limited agreed to acquire Tetley ACI Bangladesh Limited from Advanced Chemical Industries Limited (DSE:ACI) for BDT 106 million on November 26, 2022. Upon completion of the above transaction, the Joint Venture Agreement between ACI and TCP Overseas would stand terminated and Tetley ACI will become a wholly-owned subsidiary of TCP UK and a step-down subsidiary of the Company. Announcement • Nov 26
Dabur International Limited and Dabur (UK) Limited completed the acquisition of remaining 24% stake in Asian Consumer Care Pvt Ltd. from Advanced Chemical Industries Limited (DSE:ACI) Dabur International Limited and Dabur (UK) Limited agreed to acquire remaining 24% stake in Asian Consumer Care Pvt Ltd. from Advanced Chemical Industries Limited (DSE:ACI) for BDT 600 million on July 13, 2022. Under the terms, Dabur International will acquire 8,479,187 equity shares and Dabur (UK) will acquire 1,000 equity shares in Asian Consumer Care. Post acquisition, Dabur International will hold 99.997% and Dabur (UK) will hold 0,003% shares in Asian Consumer Care. The consideration will be paid in cash. In the Fiscal Year 2021-22, Asian Consumer Care had a turnover of BDT 1.6 billion. The deal is subject to approval from Registrar of Joint Stock Companies in Bangladesh for share transfer. The deal is expected to close on December 31, 2022.
Dabur International Limited and Dabur (UK) Limited completed the acquisition of remaining 24% stake in Asian Consumer Care Pvt Ltd. from Advanced Chemical Industries Limited (DSE:ACI) on November 24, 2022. Upcoming Dividend • Nov 16
Upcoming dividend of ৳5.00 per share Eligible shareholders must have bought the stock before 20 November 2022. Payment date: 25 January 2023. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (3.9%). 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. 7 experienced directors. 1 highly experienced director. 2 independent directors (7 non-independent directors). Independent Director Adil Husain was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Oct 28
Advanced Chemical Industries Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The board of directors of Advanced Chemical Industries Limited has recommended 50% Cash dividend for the year ended June 30, 2022. Record date is November 17, 2022. Announcement • Jul 14
Dabur International Limited and Dabur (UK) Limited agreed to acquire remaining 24% stake in Asian Consumer Care Pvt Ltd. from Advanced Chemical Industries Limited (DSE:ACI) for BDT 600 million. Dabur International Limited and Dabur (UK) Limited agreed to acquire remaining 24% stake in Asian Consumer Care Pvt Ltd. from Advanced Chemical Industries Limited (DSE:ACI) for BDT 600 million on July 13, 2022. Under the terms, Dabur International will acquire 8,479,187 equity shares and Dabur (UK) will acquire 1,000 equity shares in Asian Consumer Care. Post acquisition, Dabur International will hold 99.997% and Dabur (UK) will hold 0,003% shares in Asian Consumer Care. The consideration will be paid in cash. In the Fiscal Year 2021-22, Asian Consumer Care had a turnover of BDT 1.6 billion. The deal is expected to close on December 31, 2022. Reported Earnings • May 04
Third quarter 2022 earnings released: EPS: ৳0.44 (vs ৳0.30 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.44 (up from ৳0.30 in 3Q 2021). Revenue: ৳23.5b (up 20% from 3Q 2021). Net income: ৳31.7m (up 45% from 3Q 2021). Profit margin: 0.1% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. 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. 7 experienced directors. 1 highly experienced director. 2 independent directors (7 non-independent directors). Independent Director Adil Husain was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 02
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳2.10 (up from ৳1.44 in 2Q 2021). Revenue: ৳24.3b (up 27% from 2Q 2021). Net income: ৳152.1m (up 46% from 2Q 2021). Profit margin: 0.6% (up from 0.5% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 14
Upcoming dividend of ৳6.50 per share Eligible shareholders must have bought the stock before 21 November 2021. Payment date: 25 January 2022. Trailing yield: 2.1%. Lower than top quartile of Bangladeshi dividend payers (3.0%). Lower than average of industry peers (2.7%). Reported Earnings • May 28
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ৳19.6b (up 6.4% from 3Q 2020). Net income: ৳21.9m (up ৳325.5m from 3Q 2020). Profit margin: 0.1% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 02
Second quarter 2021 earnings released: EPS ৳1.65 (vs ৳6.35 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ৳19.1b (up 8.3% from 2Q 2020). Net income: ৳104.2m (up ৳504.8m from 2Q 2020). Profit margin: 0.5% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 11
New 90-day high: ৳259 The company is up 16% from its price of ৳223 on 13 October 2020. The Bangladeshi market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Industrials industry, which is up 21% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: ৳250 The company is up 4.0% from its price of ৳241 on 16 September 2020. The Bangladeshi market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Industrials industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: ৳246 The company is up 5.0% from its price of ৳234 on 09 September 2020. The Bangladeshi market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Industrials industry, which is up 12% over the same period. Upcoming Dividend • Nov 25
Upcoming Dividend of ৳8.00 Per Share Will be paid on the 24th of January to those who are registered shareholders by the 2nd of December. The trailing yield of 3.0% is below the top quartile of Bangladeshi dividend payers (3.8%), but is in line with industry peers (3.0%). Announcement • Nov 11
Advanced Chemical Industries Limited, Annual General Meeting, Dec 24, 2020 Advanced Chemical Industries Limited, Annual General Meeting, Dec 24, 2020, at 11:30 Bangladesh Standard Time. Agenda: The Board of Directors has recommended 80% cash and 10% stock dividend for the year ended on June 30, 2020. 
