IDLC Finance PLC Overview and Financial Data

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IDLC Finance PLC is a leading financial institution in Bangladesh, providing a wide range of financial services to its customers.

Founded in 1984, IDLC Finance PLC has over three decades of experience in the financial sector.

The company offers a variety of financial products, including consumer finance, corporate finance, and investment banking services.

IDLC Finance PLC has a strong presence in the country, with a network of branches and sub-branches across Bangladesh.

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Financial Information

IDLC Finance PLC has shown impressive performance over the past few months, with a 1-month return of -0.24% and a 3-month return of +37.33%.

In terms of stock performance, IDLC Finance PLC's 1-week return is 39.6, indicating a significant gain in value over a short period.

The company's stock price has also seen notable growth over the long-term, with a 5-year return of 25.43 and a 10-year return of 25.43.

Here's a summary of IDLC Finance PLC's performance over different time periods:

Corporate Financial Services

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IDLC Finance PLC reports its earnings results for the second quarter and six months ended June 30, 2025, on July 30. The company also released its earnings results for the first quarter ended March 31, 2025, on May 8.

IDLC Finance PLC's financial reports show a significant fluctuation in its sales by activity over the years. The company's core financing business saw a drastic decrease from 5.12 billion in 2020 to 1.33 billion in 2023.

Here are the sales by activity for IDLC Finance Ltd for the fiscal period of December from 2020 to 2024:

Quotes and Performance

In the past month, the price of the stock has actually decreased by 0.24%. This is a bit of a surprise, given the overall upward trend we've seen.

The stock has had some impressive gains over the past three months, with a whopping 37.33% increase. This is a significant boost for investors.

Looking at the stock's performance over the past year, we can see that it's been quite stable, with a price of 25.9 BDT. This is a testament to the stock's consistency.

Here's a breakdown of the stock's performance over different time periods:

The stock's price has fluctuated over the past week, ranging from 38.3 BDT to 44.8 BDT. This is a significant swing, and investors should keep an eye on it.

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News and Updates

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IDLC Finance PLC has been making headlines with its quarterly earnings reports. The company reported its earnings results for the Second Quarter and Six Months Ended June 30, 2025, on July 30, 2025.

IDLC Finance PLC has a history of recommending cash dividends for the year. In 2024, the company recommended a cash dividend for the Year Ended December 31, 2024, on April 20, 2024. This was after reporting its earnings results for the Full Year Ended December 31, 2024, on April 16, 2024.

IDLC Finance PLC's financial reports are a great resource for investors and analysts. The company's reports for the First Quarter Ended March 31, 2025, were released on May 8, 2025, and provided valuable insights into the company's financial performance.

Here are some key dates related to IDLC Finance PLC's financial reports:

  • Second Quarter and Six Months Ended June 30, 2025: July 30, 2025
  • First Quarter Ended March 31, 2025: May 8, 2025
  • Full Year Ended December 31, 2024: April 16, 2024
  • Second Quarter and Six Months Ended June 30, 2024: July 17, 2024
  • First Quarter Ended March 31, 2024: May 11, 2024

IDLC Finance PLC has also undergone a name change in the past. The company changed its name to IDLC Finance PLC from IDLC Finance Limited on February 11, 2024.

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Managers and Directors

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IDLC Finance PLC has a strong leadership team with M. Uddin serving as the CEO since May 31, 2021.

M. Uddin has held the position of CEO for over two years, bringing his expertise to the role.

Mohammaf Majumder has been the Director of Finance/CFO since December 31, 2005, with over 16 years of experience in the company.

Reza Uddin Ahmad has been the Chief Investment Officer since April 30, 2022, contributing to the company's investment strategies.

The company's leadership team has a mix of experienced professionals, including M. Uddin, Mohammaf Majumder, and Reza Uddin Ahmad.

Here is a list of the top managers and directors:

Farooq Sobhan, at the age of 85, has been a key figure in the company's leadership, serving as the Chairman.

Alhaj Khalilur Rahman, aged 80, has also been a Director/Board Member, contributing to the company's decision-making process.

Investor Information

IDLC Finance PLC is listed on the Dhaka Stock Exchange, which is a significant factor to consider for potential investors.

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The company's fiscal year runs from January to December, which is a standard calendar year.

You can track IDLC Finance PLC's stock performance using its ticker symbol, IDLC.

The company reports its financials in Bangladeshi Taka (BDT), which is the local currency.

IDLC Finance PLC operates in the finance and insurance sector, specifically in the business credit industry, as indicated by its SIC code, 6141.

Frequently Asked Questions

Is IDLC trusted?

IDLC is a reputable institution with a Shariah compliant investment tool, the IDLC AML Shariah Fund, which is vetted by a Shariah Advisory Board. This suggests a commitment to ethical and transparent investment practices.

What is IDLC Finance?

IDLC Finance is a multi-product non-banking financial institution based in Dhaka, Bangladesh. It offers a range of financial services to individuals and businesses.

Who is the Managing Director of IDLC Finance?

IDLC Finance is led by Mr. Jamal Uddin as its Managing Director, a position he has held since 2021. He brings extensive experience to the role, having previously served as DMD & Head of Business since 2015.

Thelma Wilderman

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Thelma Wilderman is a seasoned Assigning Editor with a passion for curating compelling content. With a keen eye for detail and a deep understanding of industry trends, she has successfully guided numerous projects to publication. Her expertise spans a range of topics, from the latest developments in project management careers to innovative approaches in business and technology.

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