New Risk • Apr 25
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 08
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: PK₨46.43 (up from PK₨18.25 in FY 2024). Revenue: PK₨598.4b (up 47% from FY 2024). Net income: PK₨55.9b (up PK₨47.1b from FY 2024). Profit margin: 9.3% (up from 2.2% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. New Risk • Mar 17
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 Pakistani stocks, typically moving 8.2% 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 (2.5x net interest cover). Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Announcement • Mar 02
Engro Holding Limited, Annual General Meeting, Apr 28, 2026 Engro Holding Limited, Annual General Meeting, Apr 28, 2026. Location: karachi Pakistan Announcement • Feb 17
Engro Holding Limited to Report Fiscal Year 2025 Results on Feb 26, 2026 Engro Holding Limited announced that they will report fiscal year 2025 results on Feb 26, 2026 Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: PK₨5.35 (vs PK₨3.58 in 3Q 2024) Third quarter 2025 results: EPS: PK₨5.35 (up from PK₨3.58 in 3Q 2024). Revenue: PK₨158.6b (up 58% from 3Q 2024). Net income: PK₨6.44b (up 274% from 3Q 2024). Profit margin: 4.1% (up from 1.7% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Announcement • Oct 16
Engro Holding Limited to Report Q3, 2025 Results on Oct 29, 2025 Engro Holding Limited announced that they will report Q3, 2025 results on Oct 29, 2025 Reported Earnings • Aug 31
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: PK₨28.03 (up from PK₨1.90 loss in 2Q 2024). Revenue: PK₨147.0b (up 97% from 2Q 2024). Net income: PK₨33.7b (up PK₨34.7b from 2Q 2024). Profit margin: 23% (up from net loss in 2Q 2024). Revenue exceeded analyst estimates by 33%. Earnings per share (EPS) also surpassed 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 33% per year, which means it is significantly lagging earnings growth. New Risk • Aug 31
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Announcement • Aug 15
Engro Holding Limited to Report First Half, 2025 Results on Aug 27, 2025 Engro Holding Limited announced that they will report first half, 2025 results on Aug 27, 2025 Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨175, the stock trades at a trailing P/E ratio of 26.5x. Average forward P/E is 16x in the Chemicals industry in Pakistan. Total returns to shareholders of 165% over the past three years. New Risk • May 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 150% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: PK₨1.00 (vs PK₨4.06 in 1Q 2024) First quarter 2025 results: EPS: PK₨1.00 (down from PK₨4.06 in 1Q 2024). Revenue: PK₨72.9b (down 30% from 1Q 2024). Net income: PK₨1.20b (down 38% from 1Q 2024). Profit margin: 1.7% (down from 1.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Engro Holdings Limited Announces Company Secretary Changes, Effective April 1, 2025 Engro Holdings Limited, previously known as Dawood Hercules Corporation Limited, has announced a change in its executive leadership. Effective April 1, 2025, Mr. Muhammad Amin will assume the position of Company Secretary,
succeeding Mr. Imran Chagani. This appointment was officially communicated by the company on March 27, 2025. Engro Holdings Limited has requested that the TRE Certificate Holders of the Pakistan Stock Exchange (PSX) be informed of this development. Announcement • Mar 05
Engro Holding Limited, Annual General Meeting, Apr 25, 2025 Engro Holding Limited, Annual General Meeting, Apr 25, 2025. Location: karachi Pakistan Reported Earnings • Mar 04
Full year 2024 earnings released: EPS: PK₨18.25 (vs PK₨17.29 in FY 2023) Full year 2024 results: EPS: PK₨18.25 (up from PK₨17.29 in FY 2023). Revenue: PK₨406.2b (down 16% from FY 2023). Net income: PK₨8.78b (up 5.5% from FY 2023). Profit margin: 2.2% (up from 1.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. New Risk • Jan 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 150% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Large one-off items impacting financial results. New Risk • Jan 13
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 Pakistani stocks, typically moving 9.0% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.0% average weekly change). Large one-off items impacting financial results. Announcement • Jan 07
Engro Holding Limited Appoints Abdul Samad Dawood as CEO Engro Holdings Limited announced the appointment of Abdul Samad Dawood as its Chief Executive Officer, effective January 3, 2025. The strategic decision comes as part of the company's restructuring efforts to streamline operations and enhance value creation across its portfolio. According to Engro Corporation Limited, the restructuring approved last year positions Engro Holdings as the sole holding company of Engro Corporation Limited. This role involves capital allocation across Engro's enterprise and broader market opportunities in Pakistan. Engro Holdings aims to leverage its partnerships with companies such as FrieslandCampina, Royal Vopak, and previously HUBCO, to deliver transformative performance in its investee companies. The new structure allows Engro Holdings to focus on its investment mandate while enabling Engro Corporation to drive operational excellence and business development. The complementary roles of the two entities are designed to harness their core strengths and foster collaboration to unlock greater potential within the enterprise. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨275, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 10x in the Chemicals industry in Pakistan. Total returns to shareholders of 305% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨198, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 10x in the Chemicals industry in Pakistan. Total returns to shareholders of 205% over the past three years. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: PK₨3.57 (vs PK₨12.66 in 3Q 2023) Third quarter 2024 results: EPS: PK₨3.57 (down from PK₨12.66 in 3Q 2023). Revenue: PK₨100.1b (down 27% from 3Q 2023). Net income: PK₨1.72b (down 72% from 3Q 2023). Profit margin: 1.7% (down from 4.5% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2024 earnings released: PK₨1.90 loss per share (vs PK₨0.32 loss in 2Q 2023) Second quarter 2024 results: PK₨1.90 loss per share (further deteriorated from PK₨0.32 loss in 2Q 2023). Revenue: PK₨74.6b (down 29% from 2Q 2023). Net loss: PK₨915.0m (loss widened 497% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Declared Dividend • Aug 26
Dividend of PK₨3.00 announced Shareholders will receive a dividend of PK₨3.00. Ex-date: 4th September 2024 Payment date: 30th September 2024 Dividend yield will be 7.1%, which is lower than the industry average of 12%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 34% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to PK₨175, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 128% over the past three years. Declared Dividend • May 02
Dividend reduced to PK₨5.00 Dividend of PK₨5.00 is 67% lower than last year. Ex-date: 9th May 2024 Payment date: 3rd June 2024 Dividend yield will be 5.6%, which is lower than the industry average of 12%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is well covered by cash flows (16% cash payout ratio). The dividend has increased by an average of 34% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.6% to bring the payout ratio under control, which is less than the 23% EPS growth achieved over the last 5 years. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: PK₨5.47 (vs PK₨4.00 in 1Q 2023) First quarter 2024 results: EPS: PK₨5.47 (up from PK₨4.00 in 1Q 2023). Revenue: PK₨104.3b (up 7.2% from 1Q 2023). Net income: PK₨2.63b (up 37% from 1Q 2023). Profit margin: 2.5% (up from 2.0% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Apr 20
Dawood Hercules Corporation Limited to Report Q1, 2024 Results on Apr 29, 2024 Dawood Hercules Corporation Limited announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Apr 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (104% payout ratio). Large one-off items impacting financial results. Reported Earnings • Apr 06
Full year 2023 earnings released: EPS: PK₨17.29 (vs PK₨12.19 in FY 2022) Full year 2023 results: EPS: PK₨17.29 (up from PK₨12.19 in FY 2022). Revenue: PK₨482.5b (up 35% from FY 2022). Net income: PK₨8.32b (up 42% from FY 2022). Profit margin: 1.7% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨143, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 89% over the past three years. Announcement • Mar 02
Dawood Hercules Corporation Limited to Report Fiscal Year 2023 Results on Mar 11, 2024 Dawood Hercules Corporation Limited announced that they will report fiscal year 2023 results on Mar 11, 2024 Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨109, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 36% over the past three years. Upcoming Dividend • Oct 31
Upcoming dividend of PK₨2.00 per share at 22% yield Eligible shareholders must have bought the stock before 07 November 2023. Payment date: 30 November 2023. Trailing yield: 22%. Within top quartile of Pakistani dividend payers (13%). Higher than average of industry peers (14%). Reported Earnings • Aug 30
Second quarter 2023 earnings released: PK₨0.32 loss per share (vs PK₨4.45 loss in 2Q 2022) Second quarter 2023 results: PK₨0.32 loss per share (improved from PK₨4.45 loss in 2Q 2022). Revenue: PK₨105.1b (up 18% from 2Q 2022). Net loss: PK₨153.3m (loss narrowed 93% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Buying Opportunity • Aug 15
Now 20% undervalued Over the last 90 days, the stock is up 9.0%. The fair value is estimated to be PK₨141, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 9.0%. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨112, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to PK₨97.00, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 8x in the Chemicals industry in Pakistan. Total returns to shareholders of 22% over the past three years. Reported Earnings • Apr 06
Full year 2022 earnings released: EPS: PK₨12.19 (vs PK₨17.65 in FY 2021) Full year 2022 results: EPS: PK₨12.19 (down from PK₨17.65 in FY 2021). Revenue: PK₨356.6b (up 14% from FY 2021). Net income: PK₨5.87b (down 31% from FY 2021). Profit margin: 1.6% (down from 2.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Kamran Nishat was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: PK₨5.22 (vs PK₨3.55 in 3Q 2021) Third quarter 2022 results: EPS: PK₨5.22 (up from PK₨3.55 in 3Q 2021). Revenue: PK₨91.2b (up 8.2% from 3Q 2021). Net income: PK₨2.17b (up 27% from 3Q 2021). Profit margin: 2.4% (up from 2.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Oct 26
Dawood Hercules Corporation Limited Appoints Zamin Zaidi as Director Dawood Hercules Corporation Limited informed that Mr. Zamin Zaidi has been appointed as Director of the company with effect from October 25, 2022 in place of Mr. Muhammad Imran Sayeed. Reported Earnings • Sep 01
Second quarter 2022 earnings released: PK₨5.16 loss per share (vs PK₨5.64 profit in 2Q 2021) Second quarter 2022 results: PK₨5.16 loss per share (down from PK₨5.64 profit in 2Q 2021). Revenue: PK₨89.2b (up 30% from 2Q 2021). Net loss: PK₨2.53b (down 193% from profit in 2Q 2021). 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 7% per year, which means it is significantly lagging earnings. Announcement • Aug 24
Dawood Hercules Corporation Limited Appoints Imran Chagani as Company Secretary of the Company with Effect from August 26, 2022 Dawood Hercules Corporation Limited informed Pakistan Stock Exchange that Mr. Imran Chagani has been appointed as Company Secretary of the company with effect from August 26, 2022 in place of Mr. Asim H. Akhund. Announcement • Aug 06
Dawood Hercules Corporation Limited to Report Q2, 2022 Results on Aug 23, 2022 Dawood Hercules Corporation Limited announced that they will report Q2, 2022 results on Aug 23, 2022 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Kamran Nishat was the last independent director to join the board, commencing their role in 2020. 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 • Apr 08
Full year 2021 earnings released: EPS: PK₨17.65 (vs PK₨16.34 in FY 2020) Full year 2021 results: EPS: PK₨17.65 (up from PK₨16.34 in FY 2020). Revenue: PK₨311.8b (up 25% from FY 2020). Net income: PK₨8.49b (up 8.0% from FY 2020). Profit margin: 2.7% (down from 3.2% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Apr 06
Dawood Hercules Corporation Limited, Annual General Meeting, Apr 26, 2022 Dawood Hercules Corporation Limited, Annual General Meeting, Apr 26, 2022, at 11:30 Pakistan Standard Time. Location: The TDF Business Hub, Ground Floor, Dawood Center, M.T. Khan Road Karachi Pakistan Agenda: To receive, consider and adopt the audited unconsolidated and consolidated financial statements of the company for the year ended December 31, 2021 together with the auditors' and directors' reports thereon and the review report of the chairman; to appoint Auditors and to fix their remuneration. Upcoming Dividend • Oct 29
Upcoming dividend of PK₨2.00 per share Eligible shareholders must have bought the stock before 05 November 2021. Payment date: 30 November 2021. Trailing yield: 11%. Within top quartile of Pakistani dividend payers (10%). In line with average of industry peers (11%). Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS PK₨3.54 (vs PK₨7.46 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: PK₨84.3b (up 12% from 3Q 2020). Net income: PK₨1.71b (down 53% from 3Q 2020). Profit margin: 2.0% (down from 4.8% in 3Q 2020). 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 fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 11
Upcoming dividend of PK₨3.00 per share Eligible shareholders must have bought the stock before 18 October 2021. Payment date: 11 November 2021. Trailing yield: 11%. Within top quartile of Pakistani dividend payers (10%). In line with average of industry peers (11%). Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS PK₨5.64 (vs PK₨4.32 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨68.5b (up 10% from 2Q 2020). Net income: PK₨2.72b (up 31% from 2Q 2020). Profit margin: 4.0% (up from 3.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 10
Upcoming dividend of PK₨4.50 per share Eligible shareholders must have bought the stock before 16 June 2021. Payment date: 09 July 2021. Trailing yield: 9.3%. Within top quartile of Pakistani dividend payers (8.4%). Higher than average of industry peers (8.4%). Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS PK₨6.24 (vs PK₨0.59 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: PK₨70.9b (up 58% from 1Q 2020). Net income: PK₨3.00b (up PK₨3.28b from 1Q 2020). Profit margin: 4.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 25
New 90-day low: PK₨119 The company is down 1.0% from its price of PK₨121 on 27 November 2020. The Pakistani market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: PK₨132 The company is up 5.0% from its price of PK₨125 on 09 October 2020. The Pakistani market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Chemicals industry, which is also up 5.0% over the same period. Upcoming Dividend • Dec 02
Upcoming Dividend of PK₨2.00 Per Share Will be paid on the 4th of January to those who are registered shareholders by the 9th of December. The trailing yield of 11% is in the top quartile of Pakistani dividend payers (7.9%), and it is higher than industry peers (9.5%). Is New 90 Day High Low • Nov 20
New 90-day low: PK₨120 The company is down 6.0% from its price of PK₨128 on 21 August 2020. The Pakistani market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 3.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of PK₨7.11b, up 72% from the prior year. Total revenue was PK₨259.0b over the last 12 months, up 26% from the prior year. Is New 90 Day High Low • Oct 03
New 90-day low: PK₨121 The company is down 5.0% from its price of PK₨128 on 03 July 2020. The Pakistani market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 4.0% over the same period. Announcement • Aug 25
Dawood Hercules Corporation Limited to Report Q2, 2020 Results on Aug 24, 2020 Dawood Hercules Corporation Limited announced that they will report Q2, 2020 results on Aug 24, 2020