IDLC Securities
IDLC Securities

IDLC Securities

Coverage: Bangladesh
IDLC is a leading brokerage firm in Bangladesh and a trusted name to both international & domestic investors with its proven track record of research expertise, quality corporate access, and standards of regulatory compliance and corporate ethics.
Location: Dhaka

Latest articles from IDLC Securities

Singer Bangladesh: Lower sales and high shipping costs resulted in c70% yoy profit decline in Q3 21

Revenue of the company declined by c26% yoy in Q3 21. As the shops remained closed, Singer’s sales suffered. Second, the Q3 20 sales base became high as consumers went on a shopping spree after a two-month lockdown in Q2 20. Please note that Singer’s...
IDLC Securities Tanay
Tanay Kumar Roy @ IDLC Securities 20 October 2021

LafargeHolcim: Q3 CY21 – Sales growth and margin expansion boosted profit

LHBL BD reported 3Q CY21 NPAT of BDT 937mn (EPS: BDT0.81), implying c43% YoY growth against NPAT of BDT 654mn (EPS: BDT0.56) in 3Q CY 20. In 9M CY21, net profit more than doubled and reached BDT 3,089mn from BDT 1,497mn in 9M CY20. Please note that t...
IDLC Securities Shopnil
Shopnil Paul @ IDLC Securities 18 October 2021

Ibn Sina Pharmaceutical Industry Ltd: Annual FY21: Earnings surpassed expectation by c8%

EPS of the company stood at BDT 15.7 (NPAT BDT489mn) in FY21, implying c24% growth over BDT 12.6 (NPAT BDT393mn) in FY20. Annual earnings of the company surpassed our expectation by c8% yoy. Q4 FY21 EPS stood at BDT 4.7 against BDT 2.9 in Q4 FY20, th...
IDLC Securities Tanay
Tanay Kumar Roy @ IDLC Securities 24 September 2021
Flash Report / Global

Bangladesh: Free float of 3 companies to rise as BSEC aims to increase liquidity

According to the reports, Bangladesh Security and Exchange Commission (BSEC) asked the sponsors of the three companies - Berger Paints Bangladesh Limited, Walton Hi-Tech Industries Limited, Investment Corporation of Bangladesh (ICB) - to sell their s...
IDLC Securities Tanay
Tanay Kumar Roy @ IDLC Securities 14 September 2021

Berger Paints Bangladesh: Top line growth and margin expansion drove earnings growth; reiterate Buy

BRGR BD reported 1Q 22 NPAT of BDT746mn (EPS: BDT16.09), up by c594% YoY against 1Q 21 NPAT of BDT108mn (EPS: BDT2.32) and up by c44% from 1Q 20 NPAT of BDT517mn (EPS: BDT11.14). 1Q 22 Operating margin expanded to 19.5% from 17.9% in 1Q 20, driven by...
IDLC Securities Joy
Joy Bhattacharjee @ IDLC Securities 18 August 2021

Heidelberg: 2QCY21 Update – EPS of BDT3.56 meets expectation; Reiterate BUY

2Q CY 21 NPAT of BDT201mn (EPS: BDT3.56), against Net loss of BDT187mn (EPS: BDT-3.31) in 2Q CY 20. 2Q CY 21 Revenue increased to BDT 4,097mn (+132% yoy, 43% up from 2Q CY 19) mainly driven by volume growth from govt infrastructure projects, higher r...
IDLC Securities Joy
Joy Bhattacharjee @ IDLC Securities 2 August 2021