Buy Or Sell Opportunity • Jun 17
Now 21% undervalued Over the last 90 days, the stock has risen 39% to ৳13.30. The fair value is estimated to be ৳16.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 17%. New Risk • Jun 16
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 6.4% 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 Risk Interest payments are not well covered by earnings (1.4x net interest cover). 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 (6.4% average weekly change). Market cap is less than US$100m (৳2.47b market cap, or US$20.1m). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳13.50, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 22x in the Luxury industry in Bangladesh. Total returns to shareholders of 55% over the past three years. Reported Earnings • Jun 02
Third quarter 2026 earnings released: EPS: ৳0.04 (vs ৳0.10 in 3Q 2025) Third quarter 2026 results: EPS: ৳0.04 (down from ৳0.10 in 3Q 2025). Revenue: ৳617.6m (down 22% from 3Q 2025). Net income: ৳6.88m (down 63% from 3Q 2025). Profit margin: 1.1% (down from 2.3% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • May 20
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. 7 highly experienced directors. 2 independent directors (7 non-independent directors). Director of Production & Director Shah Chowdhury was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Apr 22
Evince Textiles Limited to Report Q3, 2026 Results on Apr 28, 2026 Evince Textiles Limited announced that they will report Q3, 2026 results on Apr 28, 2026 Tillkännagivande • Jan 25
Evince Textiles Limited to Report Q2, 2026 Results on Jan 28, 2026 Evince Textiles Limited announced that they will report Q2, 2026 results on Jan 28, 2026 Tillkännagivande • Nov 11
Evince Textiles Limited to Report Q1, 2026 Results on Nov 13, 2025 Evince Textiles Limited announced that they will report Q1, 2026 results on Nov 13, 2025 Tillkännagivande • Oct 24
Evince Textiles Limited announces Annual dividend, payable on January 18, 2026 Evince Textiles Limited announced Annual dividend of BDT 0.2500 per share payable on January 18, 2026, ex-date on November 24, 2025 and record date on November 23, 2025. Tillkännagivande • Oct 23
Evince Textiles Limited, Annual General Meeting, Dec 18, 2025 Evince Textiles Limited, Annual General Meeting, Dec 18, 2025, at 12:00 Central Asia Standard Time. Location: hybrid system, at nikunja convention hall, level-12), 73/a, new airport road, nikunja-2, khilkhet, dhaka-1229., Bangladesh Tillkännagivande • Oct 15
Evince Textiles Limited to Report Fiscal Year 2025 Results on Oct 22, 2025 Evince Textiles Limited announced that they will report fiscal year 2025 results on Oct 22, 2025 Tillkännagivande • Apr 21
Evince Textiles Limited to Report Q3, 2025 Results on Apr 24, 2025 Evince Textiles Limited announced that they will report Q3, 2025 results on Apr 24, 2025 Tillkännagivande • Jan 22
Evince Textiles Limited to Report Q2, 2025 Results on Jan 28, 2025 Evince Textiles Limited announced that they will report Q2, 2025 results on Jan 28, 2025 Tillkännagivande • Nov 09
Evince Textiles Limited to Report Q1, 2025 Results on Nov 13, 2024 Evince Textiles Limited announced that they will report Q1, 2025 results on Nov 13, 2024 Declared Dividend • Oct 26
Dividend of ৳0.25 announced Shareholders will receive a dividend of ৳0.25. Ex-date: 25th November 2024 Payment date: 19th January 2025 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 36% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years. Tillkännagivande • Oct 24
Evince Textiles Limited, Annual General Meeting, Dec 18, 2024 Evince Textiles Limited, Annual General Meeting, Dec 18, 2024, at 12:00 Central Asia Standard Time. Location: hybrid system at nikunja convention hall, (level-12), 73/a, new airport road, nikunja-2, khilkhet, dhaka-1229, Bangladesh Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳8.50, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 21x in the Luxury industry in Bangladesh. Total loss to shareholders of 23% over the past three years. Tillkännagivande • Oct 17
Evince Textiles Limited to Report Fiscal Year 2024 Results on Oct 23, 2024 Evince Textiles Limited announced that they will report fiscal year 2024 results on Oct 23, 2024 Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳9.40, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 22x in the Luxury industry in Bangladesh. Total loss to shareholders of 22% over the past three years. New Risk • Aug 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Bangladeshi stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings have declined by 28% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (৳1.99b market cap, or US$16.9m). Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳12.20, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 27x in the Luxury industry in Bangladesh. Total returns to shareholders of 18% over the past three years. Reported Earnings • May 09
Third quarter 2024 earnings released: EPS: ৳0.07 (vs ৳0.14 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.07 (down from ৳0.14 in 3Q 2023). Revenue: ৳944.7m (up 42% from 3Q 2023). Net income: ৳12.3m (down 51% from 3Q 2023). Profit margin: 1.3% (down from 3.8% 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 86% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 26
Evince Textiles Limited to Report Q3, 2024 Results on Apr 29, 2024 Evince Textiles Limited announced that they will report Q3, 2024 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ৳12.90, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 30x in the Luxury industry in Bangladesh. Total returns to shareholders of 68% over the past three years. Reported Earnings • Feb 01
Second quarter 2024 earnings released: EPS: ৳0.12 (vs ৳0.10 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.12 (up from ৳0.10 in 2Q 2023). Revenue: ৳1.10b (up 50% from 2Q 2023). Net income: ৳21.3m (up 12% from 2Q 2023). Profit margin: 1.9% (down from 2.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. 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 ৳15.20, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 32x in the Luxury industry in Bangladesh. Total returns to shareholders of 98% over the past three years. Tillkännagivande • Jan 24
Evince Textiles Limited to Report Q2, 2024 Results on Jan 28, 2024 Evince Textiles Limited announced that they will report Q2, 2024 results on Jan 28, 2024 Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳12.90, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 34x in the Luxury industry in Bangladesh. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ৳13.80, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 33x in the Luxury industry in Bangladesh. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ৳9.80, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 26x in the Luxury industry in Bangladesh. Total returns to shareholders of 27% over the past three years. Reported Earnings • Nov 25
Third quarter 2023 earnings released: EPS: ৳0.14 (vs ৳0.19 loss in 3Q 2022) Third quarter 2023 results: EPS: ৳0.14 (up from ৳0.19 loss in 3Q 2022). Revenue: ৳666.7m (down 12% from 3Q 2022). Net income: ৳25.1m (up ৳59.8m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. New Risk • Nov 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 60% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Dividend is not well covered by earnings (184% payout ratio). Market cap is less than US$100m (৳1.94b market cap, or US$17.5m). Upcoming Dividend • Nov 08
Upcoming dividend of ৳0.23 per share at 2.4% yield Eligible shareholders must have bought the stock before 15 November 2023. Payment date: 09 January 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.4%. Lower than top quartile of Bangladeshi dividend payers (3.3%). In line with average of industry peers (2.6%). Tillkännagivande • Oct 21
Evince Textiles Limited, Annual General Meeting, Dec 10, 2023 Evince Textiles Limited, Annual General Meeting, Dec 10, 2023, at 16:30 Bangladesh Standard Time. Tillkännagivande • Oct 20
Evince Textiles Limited Recommends Cash Dividend for the Year Ended June 30, 2023 Evince Textiles Limited Board of Directors has recommended 2.25% Cash Dividend for the year ended June 30, 2023. Date of AGM is December 10, 2023. Tillkännagivande • Oct 11
Evince Textiles Limited to Report Fiscal Year 2023 Results on Oct 18, 2023 Evince Textiles Limited announced that they will report fiscal year 2023 results on Oct 18, 2023 Reported Earnings • May 03
Third quarter 2023 earnings released: EPS: ৳0.14 (vs ৳0.19 loss in 3Q 2022) Third quarter 2023 results: EPS: ৳0.14 (up from ৳0.19 loss in 3Q 2022). Revenue: ৳666.7m (down 12% from 3Q 2022). Net income: ৳25.1m (up ৳59.8m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Board Change • Feb 27
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. 7 highly experienced directors. 2 independent directors (7 non-independent directors). Director of Support Service & Director Shah Chowdhury was the last director to join the board, commencing their role in 2013. 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 04
Second quarter 2023 earnings released: EPS: ৳0.10 (vs ৳0.05 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.10 (up from ৳0.05 in 2Q 2022). Revenue: ৳732.6m (flat on 2Q 2022). Net income: ৳19.0m (up 107% from 2Q 2022). Profit margin: 2.6% (up from 1.2% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 26
Third quarter 2022 earnings released: ৳0.19 loss per share (vs ৳0.17 profit in 3Q 2021) Third quarter 2022 results: ৳0.19 loss per share (down from ৳0.17 profit in 3Q 2021). Revenue: ৳755.9m (up 77% from 3Q 2021). Net loss: ৳34.8m (down 215% from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Board Change • Nov 23
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. 7 highly experienced directors. 2 independent directors (7 non-independent directors). Director of Support Service & Director Shah Chowdhury was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Oct 28
Evince Textiles Limited Recommends Cash Dividend for the Year Ended June 30, 2022 Evince Textiles Limited has recommended 2% cash Dividend for the year ended June 30, 2022. Board Change • Apr 27
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. 7 highly experienced directors. 2 independent directors (7 non-independent directors). Director of Support Service & Director Shah Chowdhury was the last director to join the board, commencing their role in 2013. 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 05
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.05 (up from ৳0.001 in 2Q 2021). Revenue: ৳736.6m (up 90% from 2Q 2021). Net income: ৳9.20m (up ৳9.08m from 2Q 2021). Profit margin: 1.2% (up from 0% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Nov 14
Upcoming dividend of ৳0.20 per share Eligible shareholders must have bought the stock before 21 November 2021. Payment date: 13 January 2022. Trailing yield: 1.7%. Lower than top quartile of Bangladeshi dividend payers (3.0%). Lower than average of industry peers (2.4%). Is New 90 Day High Low • Oct 07
New 90-day high: ৳10.40 The company is up 27% from its price of ৳8.20 on 09 July 2020. The Bangladeshi market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 20% over the same period. Tillkännagivande • Jun 21
Evince Textiles Limited to Report Q3, 2020 Results on Jun 23, 2020 Evince Textiles Limited announced that they will report Q3, 2020 results on Jun 23, 2020