Board Change • May 20
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. 4 non-independent directors. Independent Director Masuda Sultana was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 13
Esquire Knit Composite PLC to Report Q3, 2026 Results on Apr 28, 2026 Esquire Knit Composite PLC announced that they will report Q3, 2026 results on Apr 28, 2026 Tillkännagivande • Jan 15
Esquire Knit Composite PLC to Report Q2, 2026 Results on Jan 28, 2026 Esquire Knit Composite PLC announced that they will report Q2, 2026 results on Jan 28, 2026 Tillkännagivande • Oct 27
Esquire Knit Composite PLC, Annual General Meeting, Jan 25, 2026 Esquire Knit Composite PLC, Annual General Meeting, Jan 25, 2026, at 11:00 Central Asia Standard Time. Tillkännagivande • Oct 20
Esquire Knit Composite PLC to Report Fiscal Year 2025 Results on Oct 26, 2025 Esquire Knit Composite PLC announced that they will report fiscal year 2025 results on Oct 26, 2025 Tillkännagivande • Apr 15
Esquire Knit Composite PLC to Report Q3, 2025 Results on Apr 28, 2025 Esquire Knit Composite PLC announced that they will report Q3, 2025 results on Apr 28, 2025 Tillkännagivande • Jan 20
Esquire Knit Composite PLC to Report Q2, 2025 Results on Jan 30, 2025 Esquire Knit Composite PLC announced that they will report Q2, 2025 results on Jan 30, 2025 Tillkännagivande • Nov 04
Esquire Knit Composite PLC to Report Q1, 2025 Results on Nov 12, 2024 Esquire Knit Composite PLC announced that they will report Q1, 2025 results on Nov 12, 2024 Declared Dividend • Oct 30
Dividend of ৳1.00 announced Dividend of ৳1.00 is the same as last year. Ex-date: 3rd December 2024 Payment date: 24th February 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. Tillkännagivande • Oct 28
Esquire Knit Composite PLC, Annual General Meeting, Jan 25, 2025 Esquire Knit Composite PLC, Annual General Meeting, Jan 25, 2025, at 11:00 Central Asia Standard Time. Tillkännagivande • Oct 14
Esquire Knit Composite PLC to Report Fiscal Year 2024 Results on Oct 26, 2024 Esquire Knit Composite PLC announced that they will report fiscal year 2024 results on Oct 26, 2024 New Risk • Oct 01
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 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 (7.7% average weekly change). Market cap is less than US$100m (৳2.77b market cap, or US$23.1m). Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ৳25.10, the stock trades at a trailing P/E ratio of 77.1x. Average trailing P/E is 28x in the Luxury industry in Bangladesh. Total loss to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ৳22.30, the stock trades at a trailing P/E ratio of 68.5x. Average trailing P/E is 27x in the Luxury industry in Bangladesh. Total loss to shareholders of 37% over the past three years. New Risk • Jul 04
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 6.6% 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: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Revenue has declined by 5.9% over the past year. 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 (6.6% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (৳2.89b market cap, or US$24.6m). Tillkännagivande • Apr 04
Esquire Knit Composite PLC to Report Q3, 2024 Results on Apr 29, 2024 Esquire Knit Composite PLC announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: ৳0.58 (vs ৳0.75 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.58 (down from ৳0.75 in 3Q 2022). Revenue: ৳2.46b (up 4.7% from 3Q 2022). Net income: ৳78.0m (down 23% from 3Q 2022). Profit margin: 3.2% (down from 4.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 22
Esquire Knit Composite PLC to Report Q2, 2024 Results on Jan 30, 2024 Esquire Knit Composite PLC announced that they will report Q2, 2024 results on Jan 30, 2024 Board Change • Jan 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director A.K.M. Areefin was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 11
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Shares are highly illiquid. Dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 16% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (৳4.65b market cap, or US$42.4m). Upcoming Dividend • Nov 29
Upcoming dividend of ৳1.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 06 December 2023. Payment date: 25 February 2024. Trailing yield: 2.9%. Lower than top quartile of Bangladeshi dividend payers (3.5%). Higher than average of industry peers (2.6%). Tillkännagivande • Nov 24
Esquire Knit Composite PLC Elects Piara Hossain as the Chairman of the Board of Directors Esquire Knit Composite PLC announced that the board of directors has elected Mrs. Piara Hossain as the chairman of the board of directors of the company with effect from October 31, 2023. Tillkännagivande • Nov 02
Esquire Knit Composite PLC to Report Q1, 2024 Results on Nov 14, 2023 Esquire Knit Composite PLC announced that they will report Q1, 2024 results on Nov 14, 2023 Tillkännagivande • Oct 18
Esquire Knit Composite PLC to Report Fiscal Year 2023 Results on Oct 30, 2023 Esquire Knit Composite PLC announced that they will report fiscal year 2023 results on Oct 30, 2023 New Risk • Oct 01
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 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 (৳4.65b market cap, or US$42.3m). Board Change • Apr 28
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 08
Third quarter 2022 earnings released: EPS: ৳0.75 (vs ৳0.69 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.75 (up from ৳0.69 in 3Q 2021). Revenue: ৳2.35b (up 27% from 3Q 2021). Net income: ৳101.1m (up 8.7% from 3Q 2021). Profit margin: 4.3% (down from 5.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 29
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 06 December 2022. Payment date: 26 February 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Bangladeshi dividend payers (3.8%). In line with average of industry peers (2.7%). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Tillkännagivande • Nov 01
Esquire Knit Composite Limited Recommends Dividend Declaration for the Year Ended June 30, 2022 The Board of Directors of Esquire Knit Composite Limited has recommended 10% cash dividend (except Sponsors and Directors) for the year ended June 30, 2022. The Sponsors/Directors hold 63,355,970 shares out of total 134,895,833 shares and cash dividend payable to general shareholders who hold 71,539,863 shares of the Company is Tk. 71,539,863.00. Date of AGM: 25.01.2023, Record date: 05.12.2022. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improved over the past week After last week's 17% share price gain to ৳40.10, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 23x in the Luxury industry in Bangladesh. Total returns to shareholders of 12% over the past three years. Reported Earnings • May 22
Third quarter 2022 earnings released: EPS: ৳0.75 (vs ৳0.69 in 3Q 2021) Third quarter 2022 results: EPS: ৳0.75 (up from ৳0.69 in 3Q 2021). Revenue: ৳2.35b (up 27% from 3Q 2021). Net income: ৳101.1m (up 8.7% from 3Q 2021). Profit margin: 4.3% (down from 5.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% 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. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 05
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.63 (up from ৳0.60 in 2Q 2021). Revenue: ৳2.36b (up 17% from 2Q 2021). Net income: ৳85.0m (up 5.6% from 2Q 2021). Profit margin: 3.6% (down from 4.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Upcoming Dividend • Nov 29
Upcoming dividend of ৳1.50 per share Eligible shareholders must have bought the stock before 06 December 2021. Payment date: 27 February 2022. Trailing yield: 4.4%. Within top quartile of Bangladeshi dividend payers (3.0%). Higher than average of industry peers (2.6%). Reported Earnings • Nov 29
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: ৳0.69 (up from ৳0.52 in 1Q 2021). Revenue: ৳2.66b (up 55% from 1Q 2021). Net income: ৳92.8m (up 32% from 1Q 2021). Profit margin: 3.5% (down from 4.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improved over the past week After last week's 16% share price gain to ৳32.00, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 44x in the Luxury industry in Bangladesh. Total returns to shareholders of 54% over the past year. Reported Earnings • May 30
Third quarter 2020 earnings released: EPS ৳0.86 (vs ৳1.10 in 3Q 2019) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: ৳1.80b (up 16% from 3Q 2019). Net income: ৳116.6m (up 1.0% from 3Q 2019). Profit margin: 6.5% (down from 7.4% in 3Q 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 23
New 90-day low: ৳23.20 The company is down 3.0% from its price of ৳23.90 on 25 November 2020. The Bangladeshi market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 2.0% over the same period. Reported Earnings • Feb 18
Second quarter 2020 earnings released: EPS ৳0.87 (vs ৳1.16 in 2Q 2019) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2020 results: Revenue: ৳1.60b (up 3.6% from 2Q 2019). Net income: ৳117.4m (up 1.7% from 2Q 2019). Profit margin: 7.3% (down from 7.5% in 2Q 2019). The decrease in margin was driven by higher expenses. Reported Earnings • Dec 26
Second quarter 2020 earnings released: EPS ৳0.87 The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2020 results: Revenue: ৳1.60b (up 3.6% from 2Q 2019). Net income: ৳117.4m (up 1.7% from 2Q 2019). Profit margin: 7.3% (down from 7.5% in 2Q 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 16% share price gain to ৳28.40, the stock is trading at a trailing P/E ratio of 9.7x, up from the previous P/E ratio of 8.3x. This compares to an average P/E of 21x in the Luxury industry in Bangladesh. Total return to shareholders over the past year is a loss of 1.4%. Upcoming Dividend • Dec 06
Upcoming Dividend of ৳1.50 Per Share Will be paid on the 14th of March to those who are registered shareholders by the 13th of December. The trailing yield of 5.4% is in the top quartile of Bangladeshi dividend payers (3.6%), and it is higher than industry peers (2.5%). Tillkännagivande • Nov 28
Esquire Knit Composite Limited to Report Q1, 2021 Results on Nov 30, 2020 Esquire Knit Composite Limited announced that they will report Q1, 2021 results on Nov 30, 2020 Tillkännagivande • Nov 04
Esquire Knit Composite Limited, Annual General Meeting, Feb 11, 2021 Esquire Knit Composite Limited, Annual General Meeting, Feb 11, 2021, at 11:00 Bangladesh Standard Time. Is New 90 Day High Low • Oct 01
New 90-day high: ৳31.20 The company is up 42% from its price of ৳21.90 on 02 July 2020. The Bangladeshi market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 19% over the same period. Tillkännagivande • Jul 07
Esquire Knit Composite Limited to Report Q3, 2020 Results on Jun 24, 2020 Esquire Knit Composite Limited announced that they will report Q3, 2020 results on Jun 24, 2020