Declared Dividend • May 20
Dividend of ৳1.20 announced Dividend of ৳1.20 is the same as last year. Ex-date: 21st May 2026 Payment date: 19th July 2026 Dividend yield will be 3.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Apr 22
Central Insurance PLC. to Report Q1, 2026 Results on Apr 28, 2026 Central Insurance PLC. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Apr 13
Central Insurance PLC. to Report Fiscal Year 2025 Results on Apr 16, 2026 Central Insurance PLC. announced that they will report fiscal year 2025 results on Apr 16, 2026 Announcement • Oct 09
Central Insurance Company Limited to Report Q3, 2025 Results on Oct 14, 2025 Central Insurance Company Limited announced that they will report Q3, 2025 results on Oct 14, 2025 Announcement • Jul 21
Central Insurance Company Limited to Report Q2, 2025 Results on Jul 26, 2025 Central Insurance Company Limited announced that they will report Q2, 2025 results on Jul 26, 2025 Announcement • Apr 29
Central Insurance Company Limited announces Annual dividend, payable on July 27, 2025 Central Insurance Company Limited announced Annual dividend of BDT 1.2000 per share payable on July 27, 2025, ex-date on May 26, 2025 and record date on May 25, 2025. Announcement • Apr 28
Central Insurance Company Limited, Annual General Meeting, Jun 25, 2025 Central Insurance Company Limited, Annual General Meeting, Jun 25, 2025, at 11:00 Central Asia Standard Time. Announcement • Apr 21
Central Insurance Company Limited to Report Q1, 2025 Results on Apr 27, 2025 Central Insurance Company Limited announced that they will report Q1, 2025 results on Apr 27, 2025 Announcement • Jan 27
Central Insurance Company Limited Elects Mohammed Masud Hossain as Chairman Central Insurance Company Limited has informed that the Board of Directors has elected Mr. Mohammed Masud Hossain as Chairman of the company. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ৳48.40, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 16x in the Insurance industry in Bangladesh. Total returns to shareholders of 3.8% over the past three years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: ৳0.45 (vs ৳0.67 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.45 (down from ৳0.67 in 3Q 2023). Revenue: ৳110.4m (down 1.1% from 3Q 2023). Net income: ৳23.8m (down 33% from 3Q 2023). Profit margin: 22% (down from 32% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Oct 21
Central Insurance Company Limited to Report Q3, 2024 Results on Oct 24, 2024 Central Insurance Company Limited announced that they will report Q3, 2024 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ৳36.10, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 15x in the Insurance industry in Bangladesh. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ৳47.90, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 20x in the Insurance industry in Bangladesh. Total loss to shareholders of 13% over the past three years. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: ৳0.53 (vs ৳0.54 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.53 (down from ৳0.54 in 2Q 2023). Revenue: ৳120.7m (flat on 2Q 2023). Net income: ৳28.0m (down 2.2% from 2Q 2023). Profit margin: 23% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 17% per year. Announcement • Aug 14
Central Insurance Company Limited to Report Q2, 2024 Results on Aug 18, 2024 Central Insurance Company Limited announced that they will report Q2, 2024 results on Aug 18, 2024 Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳54.90, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total returns to shareholders of 8.2% over the past three years. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ৳48.00, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 18x in the Insurance industry in Bangladesh. Negligible returns to shareholders over past three years. New Risk • Jun 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 35% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (21% net profit margin). Revenue is less than US$5m (৳487m revenue, or US$4.1m). Market cap is less than US$100m (৳2.13b market cap, or US$18.1m). Upcoming Dividend • Apr 25
Upcoming dividend of ৳1.20 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 14 July 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Bangladeshi dividend payers (4.1%). Lower than average of industry peers (3.1%). Announcement • Mar 25
Central Insurance Company Limited, Annual General Meeting, Jun 12, 2024 Central Insurance Company Limited, Annual General Meeting, Jun 12, 2024, at 11:00 Bangladesh Standard Time. New Risk • Mar 20
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 7.6% 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: Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (৳487m revenue, or US$4.4m). Market cap is less than US$100m (৳3.06b market cap, or US$27.9m). Announcement • Mar 19
Central Insurance Company Limited to Report Fiscal Year 2023 Results on Mar 21, 2024 Central Insurance Company Limited announced that they will report fiscal year 2023 results on Mar 21, 2024 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳59.70, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ৳50.20, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 13% over the past three years. Announcement • Dec 26
Central Insurance Company Limited Appoints Mr. Md. Noor-Ul-Alam as the Company Secretary Central Insurance Company Limited has informed that the Board of Directors has appointed Mr. Md. Noor-Ul-Alam as the Company Secretary of the Company with immediate effect. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: ৳0.67 (vs ৳0.69 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.67 (down from ৳0.69 in 3Q 2022). Revenue: ৳111.6m (down 2.0% from 3Q 2022). Net income: ৳35.7m (down 2.6% from 3Q 2022). Profit margin: 32% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Oct 19
Central Insurance Company Limited to Report Q3, 2023 Results on Oct 25, 2023 Central Insurance Company Limited announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Jul 25
Second quarter 2023 earnings released: EPS: ৳0.54 (vs ৳0.57 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.54 (down from ৳0.57 in 2Q 2022). Revenue: ৳119.7m (up 9.6% from 2Q 2022). Net income: ৳28.7m (down 4.9% from 2Q 2022). Profit margin: 24% (down from 28% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Announcement • Jul 18
Central Insurance Company Limited to Report Q2, 2023 Results on Jul 22, 2023 Central Insurance Company Limited announced that they will report Q2, 2023 results on Jul 22, 2023 Announcement • May 19
Central Insurance Company Limited Appoints Md. Abul Hasanat as Chief Financial Officer Central Insurance Company Limited has informed that the Board of Directors has appointed Mr. Md. Abul Hasanat as Chief Financial Officer of the company. Reported Earnings • May 13
Full year 2022 earnings released: EPS: ৳2.03 (vs ৳3.14 in FY 2021) Full year 2022 results: EPS: ৳2.03. Revenue: ৳461.3m (up 2.6% from FY 2021). Net income: ৳179.1m (up 7.3% from FY 2021). Profit margin: 39% (up from 37% in FY 2021). Upcoming Dividend • Apr 11
Upcoming dividend of ৳1.50 per share at 4.2% yield Eligible shareholders must have bought the stock before 17 April 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Bangladeshi dividend payers (3.8%). Higher than average of industry peers (2.8%). Announcement • Jan 06
Central Insurance Company Limited Elects Ahaj Md. Masud Hossain as the Chairman and Dr. Jahanara Arzu as the Vice Chairman of the Company Central Insurance Company Limited has informed that the Board of Directors has elected Ahaj Md. Masud Hossain as the Chairman and Dr. Jahanara Arzu as the Vice Chairman of the Company. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: ৳0.69 (vs ৳0.80 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.69 (down from ৳0.80 in 3Q 2021). Revenue: ৳113.8m (up 1.2% from 3Q 2021). Net income: ৳36.6m (down 14% from 3Q 2021). Profit margin: 32% (down from 38% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: ৳0.57 (vs ৳0.54 in 2Q 2021) Second quarter 2022 results: EPS: ৳0.57 (up from ৳0.54 in 2Q 2021). Revenue: ৳109.2m (up 30% from 2Q 2021). Net income: ৳30.1m (up 4.4% from 2Q 2021). Profit margin: 28% (down from 34% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Reported Earnings • Jun 12
Full year 2021 earnings released: EPS: ৳3.14 (vs ৳2.11 in FY 2020) Full year 2021 results: EPS: ৳3.14 (up from ৳2.11 in FY 2020). Revenue: ৳449.7m (up 29% from FY 2020). Net income: ৳166.8m (up 49% from FY 2020). Profit margin: 37% (up from 32% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • May 22
Upcoming dividend of ৳1.80 per share Eligible shareholders must have bought the stock before 29 May 2022. Payment date: 26 July 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Bangladeshi dividend payers (3.6%). Higher than average of industry peers (2.7%). Announcement • Apr 27
Central Insurance Company Limited Recommends Cash Dividend for the Year Ended December 31, 2021 Central Insurance Company Limited Board of Directors has recommended 18% cash dividend for the year ended December 31, 2021. Date of AGM is June 26, 2022. Reported Earnings • Nov 24
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ৳0.80 (up from ৳0.76 in 3Q 2020). Revenue: ৳112.5m (up 4.6% from 3Q 2020). Net income: ৳42.6m (up 5.3% from 3Q 2020). Profit margin: 38% (in line with 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 11
Second quarter 2021 earnings released: EPS ৳0.54 (vs ৳0.35 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ৳84.3m (up 51% from 2Q 2020). Net income: ৳28.9m (up 57% from 2Q 2020). Profit margin: 34% (up from 33% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 15% share price gain to ৳69.30, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 31x in the Insurance industry in Bangladesh. Total returns to shareholders of 361% over the past three years. Upcoming Dividend • Jun 13
Upcoming dividend of ৳0.60 per share Eligible shareholders must have bought the stock before 20 June 2021. Payment date: 29 August 2021. Trailing yield: 1.0%. Lower than top quartile of Bangladeshi dividend payers (2.8%). Lower than average of industry peers (1.7%). Announcement • May 24
Central Insurance Company Limited Recommends Dividend for the Year Ended December 31, 2020 Central Insurance Company Limited recommended 6% cash dividend for the year ended on December 31, 2020. Is New 90 Day High Low • Dec 30
New 90-day high: ৳62.40 The company is up 47% from its price of ৳42.50 on 01 October 2020. The Bangladeshi market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 11% over the same period. Reported Earnings • Nov 30
Third quarter 2020 earnings released: EPS ৳0.82 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ৳107.5m (down 3.4% from 3Q 2019). Net income: ৳40.5m (up 16% from 3Q 2019). Profit margin: 38% (up from 31% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 27
Market bids up stock over the past week After last week's 15% share price gain to ৳58.20, the stock is trading at a trailing P/E ratio of 29x, up from the previous P/E ratio of 25.2x. This compares to an average P/E of 26x in the Insurance industry in Bangladesh. Total returns to shareholders over the past three years are 199%. Is New 90 Day High Low • Nov 26
New 90-day high: ৳57.20 The company is up 69% from its price of ৳33.90 on 27 August 2020. The Bangladeshi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 22% over the same period. Is New 90 Day High Low • Oct 23
New 90-day high: ৳54.20 The company is up 131% from its price of ৳23.43 on 22 July 2020. The Bangladeshi market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 43% over the same period. Valuation Update With 7 Day Price Move • Oct 19
Market bids up stock over the past week After last week's 16% share price gain to ৳47.80, the stock is trading at a trailing P/E ratio of 23.8x, up from the previous P/E ratio of 20.6x. This compares to an average P/E of 22x in the Insurance industry in Bangladesh. Total returns to shareholders over the past three years are 170%. Is New 90 Day High Low • Oct 05
New 90-day high: ৳46.70 The company is up 115% from its price of ৳21.71 on 07 July 2020. The Bangladeshi market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 47% over the same period. Announcement • Jul 06
Central Insurance Company Limited to Report Q1, 2020 Results on Jun 30, 2020 Central Insurance Company Limited announced that they will report Q1, 2020 results on Jun 30, 2020