New Risk • May 28
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2025. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (৳4.03b market cap, or US$32.8m). Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Non-Executive Independent Director Md. Hossain 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. Insufficient board refreshment. Announcement • Apr 24
Tamijuddin Textile Mills PLC to Report Q3, 2026 Results on Apr 30, 2026 Tamijuddin Textile Mills PLC announced that they will report Q3, 2026 results on Apr 30, 2026 Announcement • Jan 22
Tamijuddin Textile Mills PLC to Report Q2, 2026 Results on Jan 28, 2026 Tamijuddin Textile Mills PLC announced that they will report Q2, 2026 results on Jan 28, 2026 Announcement • Nov 11
Tamijuddin Textile Mills PLC to Report Q1, 2026 Results on Nov 13, 2025 Tamijuddin Textile Mills PLC announced that they will report Q1, 2026 results on Nov 13, 2025 Announcement • Oct 31
Tamijuddin Textile Mills PLC announces Annual dividend, payable on January 29, 2026 Tamijuddin Textile Mills PLC announced Annual dividend of BDT 1.2000 per share payable on January 29, 2026, ex-date on December 04, 2025 and record date on December 03, 2025. Announcement • Oct 30
Tamijuddin Textile Mills PLC, Annual General Meeting, Dec 30, 2025 Tamijuddin Textile Mills PLC, Annual General Meeting, Dec 30, 2025, at 11:00 Central Asia Standard Time. Location: hybrid platform, Bangladesh Announcement • Oct 23
Tamijuddin Textile Mills PLC to Report Fiscal Year 2025 Results on Oct 29, 2025 Tamijuddin Textile Mills PLC announced that they will report fiscal year 2025 results on Oct 29, 2025 Announcement • Apr 25
Tamijuddin Textile Mills PLC to Report Q3, 2025 Results on Apr 30, 2025 Tamijuddin Textile Mills PLC announced that they will report Q3, 2025 results on Apr 30, 2025 Announcement • Jan 27
Tamijuddin Textile Mills PLC to Report Q2, 2025 Results on Jan 30, 2025 Tamijuddin Textile Mills PLC announced that they will report Q2, 2025 results on Jan 30, 2025 Announcement • Dec 03
Tamijuddin Textile Mills PLC to Report Q1, 2025 Results on Dec 08, 2024 Tamijuddin Textile Mills PLC announced that they will report Q1, 2025 results on Dec 08, 2024 Declared Dividend • Nov 15
Dividend increased to ৳2.10 Dividend of ৳2.10 is 5.0% higher than last year. Ex-date: 5th December 2024 Payment date: 28th January 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. Earnings per share has grown by 41% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 14
Tamijuddin Textile Mills PLC Recommends Cash Dividend for the Year Ended June 30, 2024 Tamijuddin Textile Mills PLC recommended 21.00% Cash dividend only for General Shareholders excluding Sponsors & Directors for the year ended June 30, 2024. Announcement • Nov 05
Tamijuddin Textile Mills PLC to Report Fiscal Year 2024 Results on Nov 12, 2024 Tamijuddin Textile Mills PLC announced that they will report fiscal year 2024 results on Nov 12, 2024 Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ৳125, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 21x in the Luxury industry in Bangladesh. Total loss to shareholders of 6.9% over the past three years. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳112, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 21x in the Luxury industry in Bangladesh. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳147, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 25x in the Luxury industry in Bangladesh. Total loss to shareholders of 15% over the past three years. Reported Earnings • May 10
Third quarter 2024 earnings released: EPS: ৳1.69 (vs ৳1.68 in 3Q 2023) Third quarter 2024 results: EPS: ৳1.69 (up from ৳1.68 in 3Q 2023). Revenue: ৳1.03b (flat on 3Q 2023). Net income: ৳50.8m (flat on 3Q 2023). Profit margin: 4.9% (in line with 3Q 2023). Announcement • Apr 26
Tamijuddin Textile Mills PLC to Report Q3, 2024 Results on Apr 29, 2024 Tamijuddin Textile Mills PLC announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Feb 13
Second quarter 2024 earnings released: EPS: ৳1.87 (vs ৳1.86 in 2Q 2023) Second quarter 2024 results: EPS: ৳1.87 (up from ৳1.86 in 2Q 2023). Revenue: ৳913.3m (down 6.0% from 2Q 2023). Net income: ৳56.2m (flat on 2Q 2023). Profit margin: 6.2% (up from 5.8% in 2Q 2023). The increase in margin was driven by lower expenses. Announcement • Jan 29
Tamijuddin Textile Mills PLC to Report Q2, 2024 Results on Jan 31, 2024 Tamijuddin Textile Mills PLC announced that they will report Q2, 2024 results on Jan 31, 2024 Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳151, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 33x in the Luxury industry in Bangladesh. Total loss to shareholders of 15% over the past year. Upcoming Dividend • Dec 04
Upcoming dividend of ৳2.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 11 December 2023. Payment date: 30 January 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (2.6%). Announcement • Oct 24
Tamijuddin Textile Mills PLC to Report Fiscal Year 2023 Results on Oct 30, 2023 Tamijuddin Textile Mills PLC announced that they will report fiscal year 2023 results on Oct 30, 2023 Reported Earnings • Jul 11
Third quarter 2023 earnings released: EPS: ৳1.68 (vs ৳1.64 in 3Q 2022) Third quarter 2023 results: EPS: ৳1.68 (up from ৳1.64 in 3Q 2022). Revenue: ৳1.04b (down 15% from 3Q 2022). Net income: ৳50.7m (up 2.5% from 3Q 2022). Profit margin: 4.9% (up from 4.0% in 3Q 2022). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ৳217, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total returns to shareholders of 2.2% over the past year. Reported Earnings • Feb 12
Second quarter 2023 earnings released: EPS: ৳1.86 (vs ৳1.85 in 2Q 2022) Second quarter 2023 results: EPS: ৳1.86 (up from ৳1.85 in 2Q 2022). Revenue: ৳971.4m (down 11% from 2Q 2022). Net income: ৳56.0m (up 1.0% from 2Q 2022). Profit margin: 5.8% (up from 5.1% in 2Q 2022). The increase in margin was driven by lower expenses. Reported Earnings • Dec 04
Full year 2022 earnings released: EPS: ৳6.61 (vs ৳2.06 in FY 2021) Full year 2022 results: EPS: ৳6.61 (up from ৳2.06 in FY 2021). Revenue: ৳4.19b (up 53% from FY 2021). Net income: ৳198.7m (up 222% from FY 2021). Profit margin: 4.7% (up from 2.3% in FY 2021). The increase in margin was driven by higher revenue. 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. 6 non-independent directors. Independent Non-Executive Director Santus Deb was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 08
Upcoming dividend of ৳3.00 per share Eligible shareholders must have bought the stock before 15 November 2022. Payment date: 22 January 2023. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (2.7%). Announcement • Oct 19
Tamijuddin Textile Mills Limited Recommends Cash Dividend for the Year Ended June 30, 2022 Tamijuddin Textile Mills Limited announced that the board of directors recommended 30% cash dividend for the year ended June 30, 2022. Board Change • Apr 27
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. 6 non-independent directors. Independent Non-Executive Director Santus Deb was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 17
Inaugural dividend of ৳2.00 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 23 January 2022. This is the first dividend for Tamijuddin Textile Mills since going public. The average dividend yield among industry peers is 2.5%. 
