New Risk • Jun 20
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 Risk Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). 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 (৳1.66b market cap, or US$13.5m). Tillkännagivande • Apr 25
Alif Industries Limited to Report Q3, 2025 Results on Apr 28, 2025 Alif Industries Limited announced that they will report Q3, 2025 results on Apr 28, 2025 Tillkännagivande • Jan 27
Alif Industries Limited to Report Q2, 2025 Results on Jan 29, 2025 Alif Industries Limited announced that they will report Q2, 2025 results on Jan 29, 2025 Upcoming Dividend • Nov 17
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 24 November 2024. Payment date: 29 January 2025. Payout ratio is a comfortable 69% and the cash payout ratio is 76%. Trailing yield: 1.0%. Lower than top quartile of Bangladeshi dividend payers (4.3%). Lower than average of industry peers (3.3%). Tillkännagivande • Nov 15
Alif Industries Limited to Report Q1, 2023 Results on Nov 14, 2024 Alif Industries Limited announced that they will report Q1, 2023 results on Nov 14, 2024 Declared Dividend • Oct 31
Dividend of ৳1.00 announced Shareholders will receive a dividend of ৳1.00. Ex-date: 24th November 2024 Payment date: 29th January 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not covered by cash flows (129% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 19% 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 • Oct 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ৳74.30, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 20x in the Luxury industry in Bangladesh. Total returns to shareholders of 44% over the past three years. Tillkännagivande • Oct 23
Alif Industries Limited to Report Fiscal Year 2024 Results on Oct 28, 2024 Alif Industries Limited announced that they will report fiscal year 2024 results on Oct 28, 2024 Reported Earnings • May 09
Third quarter 2024 earnings released: EPS: ৳0.79 (vs ৳0.42 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.79 (up from ৳0.42 in 3Q 2023). Revenue: ৳321.9m (up 74% from 3Q 2023). Net income: ৳34.9m (up 89% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳136, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 30x in the Luxury industry in Bangladesh. Total returns to shareholders of 503% over the past three years. Tillkännagivande • Apr 26
Alif Industries Limited to Report Q3, 2024 Results on Apr 28, 2024 Alif Industries Limited announced that they will report Q3, 2024 results on Apr 28, 2024 Reported Earnings • Feb 11
Second quarter 2024 earnings released: EPS: ৳0.55 (vs ৳0.39 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.55 (up from ৳0.39 in 2Q 2023). Revenue: ৳195.1m (down 4.9% from 2Q 2023). Net income: ৳24.4m (up 43% from 2Q 2023). Profit margin: 13% (up from 8.3% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳85.90, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 39x in the Luxury industry in Bangladesh. Total returns to shareholders of 255% over the past three years. Upcoming Dividend • Nov 26
Upcoming dividend of ৳1.70 per share at 2.1% yield Eligible shareholders must have bought the stock before 03 December 2023. Payment date: 28 January 2024. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (2.6%). Reported Earnings • Nov 24
First quarter 2024 earnings released: EPS: ৳0.53 (vs ৳0.39 in 1Q 2023) First quarter 2024 results: EPS: ৳0.53 (up from ৳0.39 in 1Q 2023). Revenue: ৳174.1m (up 4.5% from 1Q 2023). Net income: ৳23.4m (up 35% from 1Q 2023). Profit margin: 14% (up from 10% in 1Q 2023). Tillkännagivande • Nov 14
Alif Industries Limited to Report Q1, 2024 Results on Nov 15, 2023 Alif Industries Limited announced that they will report Q1, 2024 results on Nov 15, 2023 Tillkännagivande • Oct 24
Alif Industries Limited to Report Fiscal Year 2023 Results on Oct 28, 2023 Alif Industries Limited announced that they will report fiscal year 2023 results on Oct 28, 2023 Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳86.90, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total returns to shareholders of 236% over the past three years. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳90.30, the stock trades at a trailing P/E ratio of 56.5x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total returns to shareholders of 265% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ৳65.00, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 29x in the Luxury industry in Bangladesh. Total returns to shareholders of 163% over the past three years. Reported Earnings • May 11
Third quarter 2023 earnings released: EPS: ৳0.42 (vs ৳0.40 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.42 (up from ৳0.40 in 3Q 2022). Revenue: ৳185.4m (up 25% from 3Q 2022). Net income: ৳18.5m (up 4.1% from 3Q 2022). Profit margin: 10.0% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Board Change • Apr 12
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Golam Mostafa was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 07
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Golam Mostafa was the last independent director to join the board, commencing their role in 2017. 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 • Feb 09
Second quarter 2023 earnings released: EPS: ৳0.39 (vs ৳0.38 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.39 (up from ৳0.38 in 2Q 2022). Revenue: ৳205.1m (up 22% from 2Q 2022). Net income: ৳17.1m (up 2.4% from 2Q 2022). Profit margin: 8.3% (down from 9.9% 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 21% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • Dec 03
First quarter 2023 earnings released: EPS: ৳0.39 (vs ৳0.37 in 1Q 2022) First quarter 2023 results: EPS: ৳0.39 (up from ৳0.37 in 1Q 2022). Revenue: ৳166.7m (up 4.7% from 1Q 2022). Net income: ৳17.3m (up 5.7% from 1Q 2022). Profit margin: 10% (in line with 1Q 2022). Upcoming Dividend • Nov 17
Upcoming dividend of ৳1.20 per share Eligible shareholders must have bought the stock before 21 November 2022. Payment date: 29 January 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (2.7%). Board Change • Nov 17
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Golam Mostafa was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Nov 01
Alif Industries Limited Recommends Cash Dividend for the Year Ended June 30, 2022 The Board of Directors of Alif Industries Limited has recommended 12% cash dividend only for General Shareholders for the year ended June 30, 2022. The Sponsors/Directors hold 14,758,705 shares out of total 44,251,669 shares and cash dividend payable to general shareholders is BDT 35,391,556.80. (cont.). Reported Earnings • May 29
Third quarter 2022 earnings released: EPS: ৳0.40 (vs ৳0.35 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.40 (up from ৳0.35 in 3Q 2021). Revenue: ৳148.9m (up 3.4% from 3Q 2021). Net income: ৳17.8m (up 15% from 3Q 2021). Profit margin: 12% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Golam Mostafa was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 24
Inaugural dividend of ৳1.50 per share Eligible shareholders must have bought the stock before 01 December 2021. Payment date: 30 January 2022. The company last paid an ordinary dividend in November 2021. The average dividend yield among industry peers is 2.5%. Is New 90 Day High Low • Nov 05
New 90-day low: ৳26.20 The company is down 9.0% from its price of ৳28.70 on 06 August 2020. The Bangladeshi market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period. Tillkännagivande • Oct 06
Alif Industries Limited to Report Q3, 2020 Results on Aug 31, 2020 Alif Industries Limited announced that they will report Q3, 2020 results on Aug 31, 2020 
