Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳39.70, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total returns to shareholders of 50% over the past three years. New Risk • Jun 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (৳599m revenue, or US$4.9m). Market cap is less than US$100m (৳1.54b market cap, or US$12.6m). Declared Dividend • May 20
Dividend of ৳1.00 announced Dividend of ৳1.00 is the same as last year. Ex-date: 8th June 2026 Payment date: 9th August 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 05
Karnaphuli Insurance PLC to Report Q1, 2026 Results on May 11, 2026 Karnaphuli Insurance PLC announced that they will report Q1, 2026 results on May 11, 2026 Announcement • Apr 28
Karnaphuli Insurance PLC announces Annual dividend, payable on August 09, 2026 Karnaphuli Insurance PLC announced Annual dividend of BDT 1.0000 per share payable on August 09, 2026, ex-date on June 08, 2026 and record date on June 07, 2026. Announcement • Apr 27
Karnaphuli Insurance PLC, Annual General Meeting, Jul 09, 2026 Karnaphuli Insurance PLC, Annual General Meeting, Jul 09, 2026, at 11:30 Central Asia Standard Time. Announcement • Apr 13
Karnaphuli Insurance PLC to Report Fiscal Year 2025 Results on Apr 23, 2026 Karnaphuli Insurance PLC announced that they will report fiscal year 2025 results on Apr 23, 2026 Announcement • Oct 22
Karnaphuli Insurance PLC to Report Q3, 2025 Results on Oct 28, 2025 Karnaphuli Insurance PLC announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 21
Karnaphuli Insurance PLC to Report Q2, 2025 Results on Jul 27, 2025 Karnaphuli Insurance PLC announced that they will report Q2, 2025 results on Jul 27, 2025 Announcement • May 01
Karnaphuli Insurance PLC to Report Q1, 2025 Results on May 07, 2025 Karnaphuli Insurance PLC announced that they will report Q1, 2025 results on May 07, 2025 Announcement • Apr 21
Karnaphuli Insurance PLC to Report Fiscal Year 2024 Results on Apr 30, 2025 Karnaphuli Insurance PLC announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: ৳0.56 (vs ৳0.37 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.56 (up from ৳0.37 in 3Q 2023). Revenue: ৳133.3m (up 6.0% from 3Q 2023). Net income: ৳24.9m (up 52% from 3Q 2023). Profit margin: 19% (up from 13% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 9% per year. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳32.00, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 17x in the Insurance industry in Bangladesh. Total loss to shareholders of 18% over the past three years. Announcement • Oct 21
Karnaphuli Insurance Co. Ltd. to Report Q3, 2024 Results on Oct 24, 2024 Karnaphuli Insurance Co. Ltd. announced that they will report Q3, 2024 results on Oct 24, 2024 New Risk • Oct 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.18b (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 Risk Market cap is less than US$10m (৳1.18b market cap, or US$9.84m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (৳520m revenue, or US$4.4m). Announcement • Jul 24
Karnaphuli Insurance Co. Ltd. to Report Q2, 2024 Results on Jul 29, 2024 Karnaphuli Insurance Co. Ltd. announced that they will report Q2, 2024 results on Jul 29, 2024 New Risk • Jun 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. 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 Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (৳487m revenue, or US$4.1m). Market cap is less than US$100m (৳1.39b market cap, or US$11.8m). Upcoming Dividend • Jun 03
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 10 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 59% and the cash payout ratio is 87%. Trailing yield: 3.3%. Lower than top quartile of Bangladeshi dividend payers (4.4%). In line with average of industry peers (3.2%). Announcement • May 09
Karnaphuli Insurance Co. Ltd. to Report Q1, 2024 Results on May 13, 2024 Karnaphuli Insurance Co. Ltd. announced that they will report Q1, 2024 results on May 13, 2024 Declared Dividend • May 02
Dividend of ৳1.00 announced Shareholders will receive a dividend of ৳1.00. Ex-date: 10th June 2024 Payment date: 4th September 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 23
Karnaphuli Insurance Co. Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Karnaphuli Insurance Co. Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 New Risk • Mar 14
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 7.8% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Revenue is less than US$5m (৳487m revenue, or US$4.4m). Market cap is less than US$100m (৳2.00b market cap, or US$18.2m). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳49.20, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳55.70, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 95% over the past three years. New Risk • Jan 22
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 5.5% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Revenue is less than US$5m (৳487m revenue, or US$4.4m). Market cap is less than US$100m (৳2.05b market cap, or US$18.7m). Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳43.80, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 24x in the Insurance industry in Bangladesh. Total returns to shareholders of 68% over the past three years. Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: ৳0.37 (vs ৳0.45 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.37 (down from ৳0.45 in 3Q 2022). Revenue: ৳125.7m (up 18% from 3Q 2022). Net income: ৳16.4m (down 17% from 3Q 2022). Profit margin: 13% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Announcement • Oct 20
Karnaphuli Insurance Co. Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Karnaphuli Insurance Co. Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳34.20, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳38.50, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 25x in the Insurance industry in Bangladesh. Total returns to shareholders of 56% over the past three years. Reported Earnings • Aug 01
Second quarter 2023 earnings released: EPS: ৳0.44 (vs ৳0.57 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.44 (down from ৳0.57 in 2Q 2022). Revenue: ৳115.6m (up 3.0% from 2Q 2022). Net income: ৳19.6m (down 24% from 2Q 2022). Profit margin: 17% (down from 23% 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 13% per year and the company’s share price has also increased by 13% per year. Announcement • Jul 23
Karnaphuli Insurance Co. Ltd. to Report Q2, 2023 Results on Jul 26, 2023 Karnaphuli Insurance Co. Ltd. announced that they will report Q2, 2023 results on Jul 26, 2023 Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳33.70, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 90% over the past three years. Upcoming Dividend • May 24
Upcoming dividend of ৳1.00 per share at 3.1% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 27 August 2023. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Higher than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳32.30, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 17x in the Insurance industry in Bangladesh. Negligible returns to shareholders over past year. Reported Earnings • Sep 17
Second quarter 2022 earnings released: EPS: ৳0.57 (vs ৳0.56 in 2Q 2021) Second quarter 2022 results: EPS: ৳0.57 (up from ৳0.56 in 2Q 2021). Revenue: ৳112.2m (up 41% from 2Q 2021). Net income: ৳25.8m (up 2.3% from 2Q 2021). Profit margin: 23% (down from 32% 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 32% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 31
Upcoming dividend of ৳1.20 per share Eligible shareholders must have bought the stock before 07 June 2022. Payment date: 31 July 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Bangladeshi dividend payers (3.5%). Higher than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 16% share price gain to ৳35.90, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 18x in the Insurance industry in Bangladesh. Total returns to shareholders of 104% over the past three years. Announcement • May 08
Karnaphuli Insurance Company Limited Recommends Cash Dividend for the Year Ended December 31, 2021 The Board of Directors of Karnaphuli Insurance Company Limited has recommended 12% cash dividend for the year ended on December 31, 2021 at its AGM to be held on 30.06.2022. Reported Earnings • Feb 19
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ৳0.63 (up from ৳0.25 in 3Q 2020). Revenue: ৳103.2m (up 15% from 3Q 2020). Net income: ৳28.4m (up 148% from 3Q 2020). Profit margin: 28% (up from 13% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Sep 10
First quarter 2021 earnings released: EPS ৳0.45 (vs ৳0.34 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ৳109.5m (up 15% from 1Q 2020). Net income: ৳20.0m (up 29% from 1Q 2020). Profit margin: 18% (up from 16% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% 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 • Aug 22
Investor sentiment improved over the past week After last week's 23% share price gain to ৳47.70, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 27x in the Insurance industry in Bangladesh. Total returns to shareholders of 290% over the past three years. Upcoming Dividend • Jun 21
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 28 June 2021. Payment date: 26 September 2021. Trailing yield: 2.2%. Lower than top quartile of Bangladeshi dividend payers (2.9%). Higher than average of industry peers (1.6%). Announcement • May 24
Karnaphuli Insurance Company Limited Recommends Cash Dividend for the Year Ended December 31, 2020 The Board of Directors of Karnaphuli Insurance Company Limited has recommended 10% cash dividend for the year ended on December 31, 2020. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 16% share price gain to ৳37.90, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 28x in the Insurance industry in Bangladesh. Total returns to shareholders of 195% over the past three years. Reported Earnings • Nov 27
Third quarter 2020 earnings released: EPS ৳0.25 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: ৳89.7m (up 9.8% from 3Q 2019). Net income: ৳11.4m (up 17% from 3Q 2019). Profit margin: 13% (in line with 3Q 2019). 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 25% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 25
Market bids up stock over the past week After last week's 17% share price gain to ৳31.50, the stock is trading at a trailing P/E ratio of 27.9x, up from the previous P/E ratio of 23.9x. This compares to an average P/E of 25x in the Insurance industry in Bangladesh. Total returns to shareholders over the past three years are 120%. Valuation Update With 7 Day Price Move • Nov 11
Market pulls back on stock over the past week After last week's 16% share price decline to ৳27.80, the stock is trading at a trailing P/E ratio of 24.6x, down from the previous P/E ratio of 29.3x. This compares to an average P/E of 25x in the Insurance industry in Bangladesh. Total returns to shareholders over the past three years are 102%. Is New 90 Day High Low • Oct 29
New 90-day high: ৳37.10 The company is up 66% from its price of ৳22.40 on 30 July 2020. The Bangladeshi market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 28% over the same period. Valuation Update With 7 Day Price Move • Oct 23
Market bids up stock over the past week After last week's 16% share price gain to ৳35.60, the stock is trading at a trailing P/E ratio of 31.5x, up from the previous P/E ratio of 27.1x. 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 139%. Valuation Update With 7 Day Price Move • Oct 21
Market bids up stock over the past week After last week's 18% share price gain to ৳33.00, the stock is trading at a trailing P/E ratio of 29.2x, up from the previous P/E ratio of 24.8x. This compares to an average P/E of 24x in the Insurance industry in Bangladesh. Total returns to shareholders over the past three years are 116%. Valuation Update With 7 Day Price Move • Oct 15
Market pulls back on stock over the past week After last week's 17% share price decline to ৳28.00, the stock is trading at a trailing P/E ratio of 24.8x, down from the previous P/E ratio of 29.8x. This compares to an average P/E of 20x in the Insurance industry in Bangladesh. Total returns to shareholders over the past three years are 84%. Is New 90 Day High Low • Sep 24
New 90-day high: ৳28.10 The company is up 48% from its price of ৳19.00 on 24 June 2020. The Bangladeshi market is up 26% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Insurance industry, which is also up 48% over the same period. Announcement • Sep 07
Karnaphuli Insurance Company Limited to Report Q2, 2020 Results on Jul 30, 2020 Karnaphuli Insurance Company Limited announced that they will report Q2, 2020 results on Jul 30, 2020 Announcement • Jul 17
Karnaphuli Insurance Company Limited to Report Fiscal Year 2019 Results on Jul 14, 2020 Karnaphuli Insurance Company Limited announced that they will report fiscal year 2019 results on Jul 14, 2020