
Titas Gas is a significant player in Bangladesh's energy sector, and understanding its financial performance and corporate overview is crucial to grasping its impact.
Titas Gas is a public limited company listed on the Dhaka Stock Exchange, with a paid-up capital of Tk. 1,000 crore.
The company has a strong presence in the country, with operations in several districts of Dhaka division.
Titas Gas has a long history, dating back to 1983, when it was established as a gas distribution company.
The company's main objective is to provide reliable and efficient gas supply to its customers.
Titas Gas has a robust financial performance, with a significant increase in revenue over the years, reaching Tk. 3,500 crore in 2020.
The company's net profit has also shown a steady growth, reaching Tk. 500 crore in 2020.
Titas Gas has a well-structured corporate governance system in place, with a board of directors comprising experienced professionals.
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Financial Performance
Titas Gas has a significant presence in the corporate sector, with its present operational status currently available.
The company's loan status as of a certain date shows a substantial amount of short-term and long-term loans, with the short-term loan standing at a significant 1 million rupees and the long-term loan at a substantial amount as well.
Here's a summary of the company's loan status:
The company's latest dividend status is also worth noting, with a percentage of 0% indicating that there may not be any current dividend payments.
Corporate Performance Overview
Titas Gas Transmission and Distribution (TITASGAS) has a present operational status that is not explicitly stated in the provided article sections. However, we do know that the company operates as a natural gas distribution company in Bangladesh.
The company's loan status is also not explicitly stated, but we can see that it has a short-term loan of 0 million and a long-term loan of 0 million.
TITASGAS has a latest dividend status of 0%, which is not a very impressive figure.
Here is a summary of the company's loan status:
The company's financial health is rated 4 out of 6, which is a decent score. However, its future growth and past performance are rated 0 out of 6, which is a concern.
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Price History & Performance
Titas Gas Transmission and Distribution has seen its share price fluctuate over the past year, with a 52-week high of ৳24.10 and a 52-week low of ৳16.90. This represents a 17.92% decrease in value over the past year.
The current share price is ৳19.70, which is a significant drop from its highs. In fact, the 1-year change is -17.92%, a substantial decline.
The company's beta is 0.069, indicating a relatively low level of volatility compared to the market. This suggests that Titas Gas's share price is less sensitive to market fluctuations.
Here's a summary of Titas Gas's share price performance over the past year:
Titas Gas's share price has been relatively stable in the past 3 months, with a weekly average movement of 5.9%, which is comparable to the market average movement of 5.3%. This suggests that the company's share price has been relatively steady, despite some fluctuations.
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Company Details
Titas Gas has a strong financial foundation, with a detailed view of its cash flow showing how money comes in and out. The company's profit and loss statement reveals its revenues and expenditure sheet, giving us a clear picture of its financial performance.
The company's technical levels are crucial for planning entry and exit points, helping investors make informed decisions.
Here are some key financial parameters to consider:
- Cash flow: A detail view of how money comes in and out.
- Profit & Loss: Details of revenues and expenditure sheet.
- Balance Sheet: Statement of assets, liabilities and share capital.
- Dividend History: Check out the detailed payout data.
Titas Gas has a significant presence in Bangladesh, with 13,421.45 kilometers of pipeline operating across various areas. The company distributes gas to power, fertilizer, industrial, commercial, captive power, and feed gas for CNG consumers.
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