Reported Earnings • Aug 05
Second quarter 2026 earnings released: EPS: ৳3.64 (vs ৳3.12 in 2Q 2025) Second quarter 2026 results: EPS: ৳3.64 (up from ৳3.12 in 2Q 2025). Revenue: ৳864.1m (up 8.9% from 2Q 2025). Net income: ৳382.6m (up 17% from 2Q 2025). Profit margin: 44% (up from 41% in 2Q 2025). 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 whereas the company’s share price has increased by 17% per year. Announcement • Jul 27
Reliance Insurance PLC. to Report Q2, 2026 Results on Jul 30, 2026 Reliance Insurance PLC. announced that they will report Q2, 2026 results on Jul 30, 2026 Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ৳115, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total returns to shareholders of 123% over the past three years. Reported Earnings • Jun 05
First quarter 2026 earnings released: EPS: ৳2.88 (vs ৳2.27 in 1Q 2025) First quarter 2026 results: EPS: ৳2.88 (up from ৳2.27 in 1Q 2025). Revenue: ৳751.8m (flat on 1Q 2025). Net income: ৳303.0m (up 27% from 1Q 2025). Profit margin: 40% (up from 32% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year. Announcement • Apr 27
Reliance Insurance PLC. to Report Q1, 2026 Results on Apr 30, 2026 Reliance Insurance PLC. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Mar 03
Reliance Insurance plc announces Annual dividend, payable on May 31, 2026 Reliance Insurance plc announced Annual dividend of BDT 3.0000 per share payable on May 31, 2026, ex-date on April 01, 2026 and record date on March 31, 2026. Announcement • Mar 02
Reliance Insurance PLC., Annual General Meeting, Apr 30, 2026 Reliance Insurance PLC., Annual General Meeting, Apr 30, 2026, at 11:00 Central Asia Standard Time. Announcement • Feb 19
Reliance Insurance PLC. to Report Fiscal Year 2025 Results on Feb 26, 2026 Reliance Insurance PLC. announced that they will report fiscal year 2025 results on Feb 26, 2026 Announcement • Oct 23
Reliance Insurance PLC. to Report Q3, 2025 Results on Oct 29, 2025 Reliance Insurance PLC. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 23
Reliance Insurance Limited to Report Q2, 2025 Results on Jul 29, 2025 Reliance Insurance Limited announced that they will report Q2, 2025 results on Jul 29, 2025 Announcement • May 07
Reliance Insurance Limited to Report Q1, 2025 Results on May 14, 2025 Reliance Insurance Limited announced that they will report Q1, 2025 results on May 14, 2025 Announcement • Feb 11
Reliance Insurance Limited, Annual General Meeting, Mar 25, 2025 Reliance Insurance Limited, Annual General Meeting, Mar 25, 2025, at 11:00 Central Asia Standard Time. Announcement • Feb 03
Reliance Insurance Limited to Report Fiscal Year 2024 Results on Feb 10, 2025 Reliance Insurance Limited announced that they will report fiscal year 2024 results on Feb 10, 2025 Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: ৳2.30 (vs ৳2.06 in 3Q 2023) Third quarter 2024 results: EPS: ৳2.30 (up from ৳2.06 in 3Q 2023). Revenue: ৳541.0m (up 18% from 3Q 2023). Net income: ৳242.0m (up 12% from 3Q 2023). Profit margin: 45% (down from 47% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Oct 30
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to ৳57.20. The fair value is estimated to be ৳47.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 8.3%. Announcement • Oct 25
Reliance Insurance Limited to Report Q3, 2024 Results on Oct 30, 2024 Reliance Insurance Limited announced that they will report Q3, 2024 results on Oct 30, 2024 Announcement • Jul 24
Reliance Insurance Limited to Report Q2, 2024 Results on Jul 29, 2024 Reliance Insurance Limited announced that they will report Q2, 2024 results on Jul 29, 2024 Announcement • May 10
Reliance Insurance Limited to Report Q1, 2024 Results on May 14, 2024 Reliance Insurance Limited announced that they will report Q1, 2024 results on May 14, 2024 New Risk • Mar 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (৳6.17b market cap, or US$56.1m). Upcoming Dividend • Feb 29
Upcoming dividend of ৳2.50 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 30 April 2024. Trailing yield: 3.7%. Within top quartile of Bangladeshi dividend payers (3.5%). Higher than average of industry peers (2.6%). Declared Dividend • Feb 16
Dividend of ৳2.50 announced Dividend of ৳2.50 is the same as last year. Ex-date: 7th March 2024 Payment date: 30th April 2024 Dividend yield will be 3.7%, which is higher than the industry average of 2.5%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 7.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 14
Reliance Insurance Limited, Annual General Meeting, Mar 31, 2024 Reliance Insurance Limited, Annual General Meeting, Mar 31, 2024, at 11:00 Bangladesh Standard Time. Location: Lakeshore Hotel (La vita Banquet Hall), House: 46, Road: 41, Gulshan Dhaka Bangladesh Agenda: To consider 25% Cash Dividend for the year ended December 31, 2023. Announcement • Feb 06
Reliance Insurance Limited to Report Fiscal Year 2023 Results on Feb 12, 2024 Reliance Insurance Limited announced that they will report fiscal year 2023 results on Feb 12, 2024 Reported Earnings • Nov 23
Third quarter 2022 earnings released: EPS: ৳1.52 (vs ৳1.47 in 3Q 2021) Third quarter 2022 results: EPS: ৳1.52 (up from ৳1.47 in 3Q 2021). Revenue: ৳423.9m (up 1.3% from 3Q 2021). Net income: ৳159.7m (up 3.3% from 3Q 2021). Profit margin: 38% (in line with 3Q 2021). Announcement • Oct 26
Reliance Insurance Limited to Report Q3, 2023 Results on Oct 30, 2023 Reliance Insurance Limited announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 03
Third quarter 2022 earnings released: EPS: ৳1.52 (vs ৳1.47 in 3Q 2021) Third quarter 2022 results: EPS: ৳1.52 (up from ৳1.47 in 3Q 2021). Revenue: ৳423.9m (up 1.3% from 3Q 2021). Net income: ৳159.7m (up 3.3% from 3Q 2021). Profit margin: 38% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 25
Reliance Insurance Limited to Report Q2, 2023 Results on Jul 27, 2023 Reliance Insurance Limited announced that they will report Q2, 2023 results on Jul 27, 2023 Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳70.30, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total returns to shareholders of 98% over the past three years. Announcement • May 09
Reliance Insurance Limited to Report Q1, 2023 Results on May 11, 2023 Reliance Insurance Limited announced that they will report Q1, 2023 results on May 11, 2023 Upcoming Dividend • Feb 28
Upcoming dividend of ৳2.50 per share at 4.3% yield Eligible shareholders must have bought the stock before 07 March 2023. Payment date: 30 April 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Bangladeshi dividend payers (3.9%). Higher than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 16% share price gain to ৳64.30, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 16x in the Insurance industry in Bangladesh. Total returns to shareholders of 59% over the past three years. Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: ৳2.09 (vs ৳1.96 in 2Q 2021) Second quarter 2022 results: EPS: ৳2.09 (up from ৳1.96 in 2Q 2021). Revenue: ৳529.5m (up 13% from 2Q 2021). Net income: ৳220.1m (up 6.9% from 2Q 2021). Profit margin: 42% (down from 44% 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 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 18% share price gain to ৳71.80, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total returns to shareholders of 82% over the past three years. Reported Earnings • Mar 13
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ৳5.59 (up from ৳5.21 in FY 2020). Revenue: ৳1.74b (up 2.7% from FY 2020). Net income: ৳587.8m (up 7.2% from FY 2020). Profit margin: 34% (up from 32% in FY 2020). Combined ratio: 67.2% (down from 90.3% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 01
Upcoming dividend of ৳2.50 per share Eligible shareholders must have bought the stock before 08 March 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Bangladeshi dividend payers (3.2%). Higher than average of industry peers (2.0%). Announcement • Feb 15
Reliance Insurance Limited Recommends Cash Dividend for the Year Ended December 31, 2021 Reliance Insurance Limited has recommended 25% cash dividend for the year ended on December 31, 2021. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improved over the past week After last week's 16% share price gain to ৳97.60, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 26x in the Insurance industry in Bangladesh. Total returns to shareholders of 152% over the past three years. Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS ৳1.96 (vs ৳1.27 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ৳467.1m (up 40% from 2Q 2020). Net income: ৳205.8m (up 55% from 2Q 2020). Profit margin: 44% (up from 40% 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 8% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improved over the past week After last week's 17% share price gain to ৳111, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 29x in the Insurance industry in Bangladesh. Total returns to shareholders of 198% over the past three years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improved over the past week After last week's 23% share price gain to ৳96.30, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 33x in the Insurance industry in Bangladesh. Total returns to shareholders of 154% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improved over the past week After last week's 18% share price gain to ৳72.40, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 30x in the Insurance industry in Bangladesh. Total returns to shareholders of 89% over the past three years. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS ৳5.21 (vs ৳5.57 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: ৳848.6m (down 57% from FY 2019). Net income: ৳548.2m (down 6.4% from FY 2019). Profit margin: 65% (up from 30% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Mar 29
Upcoming dividend of ৳2.50 per share Eligible shareholders must have bought the stock before 05 April 2021. Payment date: 25 May 2021. Trailing yield: 4.7%. Within top quartile of Bangladeshi dividend payers (3.7%). Higher than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Nov 27
Market bids up stock over the past week After last week's 24% share price gain to ৳65.10, the stock is trading at a trailing P/E ratio of 10.5x, up from the previous P/E ratio of 8.4x. 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 58%. Is New 90 Day High Low • Nov 27
New 90-day high: ৳65.10 The company is up 33% from its price of ৳49.00 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 24% over the same period. Is New 90 Day High Low • Oct 29
New 90-day high: ৳64.50 The company is up 37% from its price of ৳47.00 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. Is New 90 Day High Low • Sep 23
New 90-day high: ৳58.20 The company is up 61% from its price of ৳36.10 on 25 June 2020. The Bangladeshi market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 40% over the same period. Announcement • Jul 26
Reliance Insurance Limited to Report Q2, 2020 Results on Jul 26, 2020 Reliance Insurance Limited announced that they will report Q2, 2020 results on Jul 26, 2020 Announcement • Jul 06
Reliance Insurance Limited to Report Q1, 2020 Results on Jul 12, 2020 Reliance Insurance Limited announced that they will report Q1, 2020 results on Jul 12, 2020 
