Eastern Housing Limited Company Profile and Financials

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Eastern Housing Limited is a company that has been in operation for over 20 years. It was established in 2001.

The company's primary focus is on providing affordable housing solutions to low-income families. This mission is reflected in its business model.

Eastern Housing Limited has a strong presence in the local market, with a large portfolio of properties under its management. The company's financial performance has been steady over the years, with a consistent increase in revenue.

The company's financials are a key indicator of its success, with a net asset value of over $100 million. This significant asset base provides a strong foundation for the company's future growth.

Management and Directors

Eastern Housing Limited has a diverse management team, with key positions held by experienced professionals.

Dhiraj Malakar serves as the Chief Executive Officer (CEO), a role he has held since November 22, 2010.

Mohammad Asadul Islam is the Director of Finance/CFO, a position he has held since December 31, 2011. He is 56 years old.

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Sheikh Shamsher Ali is the Chief Administrative Officer, but his age and date of appointment are not specified.

Manzurul Islam is the Chairman of the Board of Directors, a role he has held since December 31, 1994. He is 63 years old.

Suraiya Islam and Mohammad Mostafizur Rahman are both Directors/Board Members, but their ages are not specified.

The following individuals are also Directors/Board Members:

Financial Performance

Eastern Housing Limited has a strong financial performance, with a total market capitalization of BDT 878 million as of January 1, 2008. This is divided among various stakeholders, with 48% held by the sponsor company Islam Group of Industries, 33% by the general public, 18% by different financial institutions, and 1% by foreign investors.

The company has a history of generating dividend yields for its investors, with a range of 8%-13% between 2001-2007. In 2003, Eastern Housing paid a 10% dividend to stockholders, and in 2007, it paid a 15% dividend. This demonstrates the company's ability to consistently deliver value to its investors.

Here is a breakdown of the company's loan status as of an unspecified date:

The company's annual revenue was $42.2 million in 2025, indicating a significant increase in its financial performance over the years.

Annual Revenue

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Eastern Housing Limited reported an annual revenue of $42.2 million in 2025, a significant figure in the company's financial performance.

The company's annual revenue has likely been influenced by various factors, including market trends and operational efficiency.

In 2025, Eastern Housing Limited's annual revenue was $42.2 million, a substantial amount that reflects the company's successful business strategies.

For more insights, see: Eastern Consolidated

Financial Performance

The company's market capitalization as of January 1, 2008 was BDT 878 million, with 48% held by the sponsor company Islam Group of Industries.

The company listed with Dhaka Stock Exchange in 1994 and was classified as a Category A company, the highest ranking.

In the period between 2001-2007, Eastern Housing generated a dividend yield of 8%-13% for its investors.

Here's a breakdown of the company's loan status as of the last available data:

The company paid 10% dividend to stockholders in 2003 and a 15% dividend in 2007.

SIC Code Meaning

SIC Code Meaning is a crucial aspect of understanding financial performance. The SIC code for Eastern Housing Limited is 65 and 653.

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These codes provide a standardized way to categorize businesses and their activities. SIC codes are used for financial reporting and analysis.

For instance, Eastern Housing Limited's SIC codes indicate that it is involved in real estate activities. This information can be useful for investors and analysts assessing the company's financial performance.

SIC codes are assigned based on a business's primary activity.

Explore further: Financial Street Holding

Corporate Actions

Eastern Housing Limited has a history of paying dividends to its shareholders. The company has a consistent dividend payout policy.

In 2015, Eastern Housing Limited paid out a dividend of Tk. 0.50 per share. This is a significant amount for shareholders.

The company has also undertaken corporate actions to benefit its shareholders. In 2018, Eastern Housing Limited issued bonus shares to its existing shareholders.

Eastern Housing Limited has also undergone a stock split, increasing the number of shares outstanding. This makes the company more attractive to investors.

The company's rights issue in 2020 allowed it to raise capital for its business expansion. This move has helped Eastern Housing Limited to strengthen its financial position.

Real Estate and Operations

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Eastern Housing Limited has made significant announcements in the past year. One notable event was the company's earnings results for the full year ended June 30, 2025, which was reported on October 8.

The company also announced an annual dividend, payable on November 30, 2025, on September 9. This shows the company's commitment to returning value to its shareholders.

In terms of sales, Eastern Housing Limited has a strong presence in Bangladesh, with sales figures for the fiscal period of June 2025 showing a total of 3.03 billion in Bangladesh.

Real Estate Development and Management

Eastern Housing Limited is a public limited company in Bangladesh that has been working in real estate development for many years. It has a registered office in Bangladesh and is a member of the REHAB Association, which is the central body for private sector developers in Bangladesh.

The company was established with the objective of developing land for housing in urban areas of Dhaka, and it has been involved in construction, engineering, manufacturing, and trading activities. Eastern Housing Limited has been responsible for redefining the environment in Dhaka, the capital of Bangladesh, along with other major developers.

A unique perspective: MJL Bangladesh Limited

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Eastern Housing Limited reports its earnings results on a regular basis, with its most recent report being for the full year ended June 30, 2025. This report was released on October 8, 2025.

The company also announces its annual dividend, which is payable on November 30, 2025. This was announced on September 9, 2025.

Here is a brief overview of Eastern Housing Limited's financial announcements:

Geographical Sales Breakdown

In the real estate industry, geographical sales breakdown is a crucial aspect of understanding market trends and company performance. Eastern Housing Limited is a great example of this.

Their sales in Bangladesh have been steadily increasing over the years, with a notable jump from 2.64B in 2021 to 3.31B in 2022.

Here's a closer look at Eastern Housing Limited's geographical sales breakdown in Bangladesh:

These numbers indicate that Eastern Housing Limited has a strong presence in the Bangladeshi market, with sales fluctuating but generally trending upwards.

Valuation and Performance

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Eastern Housing Limited has a total market capitalization of 9.19B, with a P/E ratio of 12.3x in 2024 and 8.68x in 2025. This indicates a significant difference in investor expectations for the company's future performance.

The company's enterprise value is 3.39B, with an EV/Sales ratio of 0.99x in 2024 and 0.67x in 2025. This suggests that investors are expecting a decrease in the company's sales growth rate over the next year.

Here's a snapshot of Eastern Housing Limited's valuation metrics:

The company's free float is 49.8%, indicating that a significant portion of its shares are available for trading.

Market Share

Eastern Housing Ltd. has made a significant impact in the Bangladeshi real estate market, with over 620 acres of land sold to customers across 24 projects, resulting in approximately 13,000 plots.

This impressive feat has given EHL a substantial market share in the residential plot and apartment development business in Bangladesh.

Here's an interesting read: Mortgage Rates Hurt the Housing Market

Valuation

Valuation is a crucial aspect of a company's performance, and it's essential to understand the various metrics involved.

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The capitalization of Eastern Housing Limited is quite impressive, with a high of 9.19B and a low of 17.89M.

A P/E ratio is a common valuation metric, and Eastern Housing Limited's P/E ratio for 2024 is 12.3x, while for 2025 it's 8.68x.

Enterprise value is another key metric, and Eastern Housing Limited's enterprise value in 2024 is 935M, while in 2025 it's 82.12M.

Free float refers to the portion of a company's shares that are available for trading, and in Eastern Housing Limited's case, the free float is 49.8%.

The yield, or return on investment, for Eastern Housing Limited is also noteworthy, with a 2024 yield of 2.56% and a 2025 yield of 3.48%.

Here's a summary of Eastern Housing Limited's valuation metrics:

Latest News

Eastern Housing Limited has been quite active in recent times, and we've got the latest news to share with you. They announced their Annual dividend, which will be payable on November 30, 2025, on September 9, 2025.

Credit: youtube.com, THE ENVOY | EASTERN HOUSING LIMITED

Their financial reports have been coming out regularly, with the latest one covering the Full Year Ended June 30, 2025, released on October 8, 2025. This is the third year in a row that they've reported their earnings for this period.

Eastern Housing Limited has also been consistent with their quarterly earnings reports, releasing them on a timely basis. For instance, their report for the Third Quarter and Nine Months Ended March 31, 2025, was released on April 28, 2025.

Here's a quick rundown of their recent earnings reports:

These reports give us a glimpse into the company's financial performance and help us stay up-to-date with their progress.

Location and Contact

Eastern Housing Limited is based in Banani TSO, Dhaka.

Frequently Asked Questions

Who is the owner of Eastern Housing?

The founder chairman of Eastern Housing Limited is Jahurul Islam, who is the husband of Mrs. Suraiya Islam. Mrs. Suraiya Islam is also a Director of the company.

Ernest Zulauf

Writer

Ernest Zulauf is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, Ernest has established himself as a trusted voice in the field of finance and retirement planning. Ernest's writing expertise spans a range of topics, including Australian retirement planning, where he provides valuable insights and advice to readers navigating the complexities of saving for their golden years.

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