🩺 Share Health Watch
DSE moves a company to the Z category when it stops paying a dividend, misses its AGM, or lets losses grow past its paid-up capital. By the time that is announced, the price has usually already gone. But each of those conditions shows up months earlier in figures the company itself publishes, and this page checks every listed company against them, every day.
43
High risk
not in Z yet, but showing the conditions that put a company there
18
Watch closely
several warning signs already present
53
Minor signs
one or two things worth keeping an eye on
170
No warning signs
nothing in the published numbers is flashing
121
Already in Z
DSE has already moved these
| Stock | Company | Sector | Now in | Warning score | What is firing | Latest EPS | Dividend | Book value | Reserves (mn) | Price |
|---|---|---|---|---|---|---|---|---|---|---|
| ABBANK | AB Bank PLC. | Bank | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Latest quarter also in loss Book value below face value Auditor raised a concern | -43.42 2025 | none | -36.24 | -41,405 | 4.50 |
| ANLIMAYARN | Anlimayarn Dyeing Ltd. | Textile | Z |
100 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Reserves have gone negative 3 loss-making years out of the last 5 Book value below face value | -2.99 2025 | none | 5.63 | -78 | 26.50 |
| APOLOISPAT | Appollo Ispat Complex Limited | Engineering | Z |
100 Already in Z
|
Operations closed No dividend for 2023 Accumulated losses exceed paid-up capital Loss in 2023 No dividend two years running AGM overdue by 9 months Owes 6,752.5 mn with no equity left Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -0.82 2023 | none | 0.70 | -4,933 | 2.80 |
| ARAMITCEM | Aramit Cement Limited | Cement | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running AGM overdue by 9 months Owes 6,636.7 mn with no equity left Latest quarter also in loss 4 loss-making years out of the last 5 Book value below face value | -14.47 2024 | none | -18.90 | -1,064 | 11.40 |
| AZIZPIPES | Aziz Pipes Ltd. | Engineering | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Owes 167.7 mn with no equity left Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value | -10.12 2025 | none | -47.37 | -414 | 78.80 |
| BAYLEASING | Bay Leasing & Investment Limited | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 4 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -31.16 2024 | none | -25.20 | -4,299 | 4.50 |
| BIFC | Bangladesh Industrial Fin. Co. Ltd. | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -6.66 2024 | none | -126.11 | -13,704 | 3.80 |
| CENTRALPHL | Central Pharmaceuticals Limited | Pharmaceuticals & Chemicals | Z |
100 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Reserves have gone negative 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -0.18 2025 | none | 6.87 | -375 | 9.50 |
| EMERALDOIL | Emerald Oil Industries Ltd. | Food & Allied | Z |
100 Already in Z
|
Operations operation shutdown Accumulated losses exceed paid-up capital AGM overdue by 21 months Owes 1,311.0 mn with no equity left Book value below face value Auditor raised a concern | 0.73 2023 | 10% | -10.37 | -1,859 | 27.30 |
| FAMILYTEX | Familytex (BD) Limited | Textile | Z |
100 Already in Z
|
Operations closed No dividend for 2020 No dividend two years running AGM overdue by 57 months Latest quarter also in loss | - 2020 | none | - | 524 | 2.40 |
| FAREASTFIN | Fareast Finance & Investment Limited | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running AGM overdue by 3 months Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -5.13 2024 | none | -50.48 | -9,922 | 2.10 |
| FASFIN | FAS Finance & Investment Limited | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -21.37 2024 | none | -125.55 | -20,163 | 2.50 |
| FIRSTFIN | First Finance Limited | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -5.88 2024 | none | -37.86 | -5,674 | 4.60 |
| FUWANGFOOD | Fu Wang Food Ltd. | Food & Allied | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2024 Loss in 2024 AGM overdue by 9 months Latest quarter also in loss Reserves have gone negative 3 loss-making years out of the last 5 Book value below face value | -0.31 2024 | none | 2.03 | -883 | 9.80 |
| HAMI | Hami Industries PLC | Miscellaneous | Z |
100 Already in Z
|
No dividend for 2023 Loss in 2023 No dividend two years running AGM overdue by 22 months Reserves have gone negative Debt is 3.3× equity 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -0.76 2023 | none | 1.97 | -62 | 151.10 |
| ICBIBANK | ICB Islamic Bank Limited | Bank | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value | -1.42 2024 | none | -20.78 | -20,462 | 2.60 |
| IFIC | IFIC Bank PLC | Bank | Z |
100 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Reserves have gone negative Book value below face value Auditor raised a concern | -13.32 2025 | none | 4.96 | -9,678 | 4.90 |
| ILFSL | International Leasing & Financial Services Limited | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -39.01 2024 | none | -212.32 | -49,313 | 2.10 |
| INTECH | Intech Limited | IT Sector | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 Owes 48.4 mn with no equity left Latest quarter also in loss Book value below face value Auditor raised a concern | -0.38 2025 | none | -0.45 | -327 | 25.10 |
| JUTESPINN | Jute Spinners Ltd. | Jute | Z |
100 Already in Z
|
No dividend for 2016 Accumulated losses exceed paid-up capital Loss in 2016 No dividend two years running Owes 406.9 mn with no equity left Latest quarter also in loss 4 loss-making years out of the last 5 Book value below face value | -42.10 2016 | none | -147.44 | -268 | 209.60 |
| KPPL | Khulna Printing & Packaging Limited | Paper & Printing | Z |
100 Already in Z
|
Operations closed No dividend for 2022 Accumulated losses exceed paid-up capital Loss in 2022 No dividend two years running AGM overdue by 33 months Owes 551.7 mn with no equity left Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value | -3.10 2022 | none | -1.86 | -867 | 13.10 |
| MAKSONSPIN | Maksons Spinning Mills PLC. | Textile | Z |
100 Already in Z
|
No dividend for 2024 Loss in 2024 No dividend two years running AGM overdue by 7 months Latest quarter also in loss Reserves have gone negative Debt is 4.2× equity 3 loss-making years out of the last 5 Auditor raised a concern | -3.69 2024 | none | 12.29 | -949 | 5.80 |
| MEGCONMILK | Meghna Condensed Milk Industries Ltd. | Food & Allied | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Owes 642.8 mn with no equity left Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -10.05 2025 | none | -16.15 | -418 | 33.00 |
| MEGHNACEM | Meghna Cement Mills PLC. | Cement | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Owes 12,995.5 mn with no equity left Latest quarter also in loss Book value below face value Auditor raised a concern | -36.58 2025 | none | -1.70 | -370 | 29.50 |
| MEGHNAPET | Meghna Pet Industries Ltd. | Food & Allied | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Auditor raised a concern | -2.75 2025 | none | 70.43 | 725 | 82.00 |
| METROSPIN | Metro Spinning Ltd. | Textile | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Reserves have gone negative Debt is 3.7× equity 3 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -1.98 2025 | none | 3.96 | -407 | 9.90 |
| MIDASFIN | MIDAS Financing PLC. | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Loss in 2024 No dividend two years running AGM overdue by 3 months Latest quarter also in loss Reserves have gone negative Book value below face value | -2.24 2024 | none | 4.73 | -758 | 4.50 |
| NBL | National Bank PLC. | Bank | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 3 loss-making years out of the last 5 Book value below face value | -5.30 2024 | none | 1.15 | -55,922 | 3.50 |
| NTC | National Tea Company Ltd. | Food & Allied | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Owes 3,764.6 mn with no equity left Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -107.49 2025 | none | -155.69 | -1,094 | 156.00 |
| NURANI | Nurani Dyeing & Sweater Limited | Textile | Z |
100 Already in Z
|
Operations closed No dividend for 2020 No dividend two years running AGM overdue by 57 months Latest quarter also in loss | - 2020 | none | - | 25 | 3.00 |
| OAL | Olympic Accessories Limited | Engineering | Z |
100 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Reserves have gone negative 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -0.75 2025 | none | 9.50 | -85 | 6.30 |
| PHOENIXFIN | Phoenix Finance and Investments Ltd. | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 4 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -48.73 2024 | none | -82.01 | -18,742 | 3.40 |
| PLFSL | Peoples Leasing and Fin. Services Ltd. | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value | -14.95 2024 | none | -149.50 | -48,160 | 1.80 |
| POWERGRID | Power Grid Company of Bangladesh Ltd. | Fuel & Power | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Owes 611,993.8 mn with no equity left 3 loss-making years out of the last 5 | -2.30 2025 | none | 139.29 | -14,877 | 38.10 |
| PREMIERLEA | Premier Leasing & Finance Limited | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -27.50 2024 | none | -74.36 | -11,644 | 2.00 |
| PRIMEFIN | Prime Finance & Investment Ltd. | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2023 Loss in 2023 No dividend two years running Latest quarter also in loss Reserves have gone negative 3 loss-making years out of the last 5 Book value below face value | -5.53 2023 | none | 1.46 | -2,330 | 2.90 |
| PRIMETEX | Prime Textile Spinning Mills Limited | Textile | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2023 Loss in 2023 AGM overdue by 11 months Latest quarter also in loss Auditor raised a concern | -8.05 2023 | none | 64.83 | 1,712 | 14.50 |
| REGENTTEX | Regent Textile Mills Limited | Textile | Z |
100 Already in Z
|
Operations closed No dividend for 2021 Loss in 2021 AGM overdue by 45 months Latest quarter also in loss | -1.62 2021 | none | 26.52 | 1,401 | 5.90 |
| RENWICKJA | Renwick Jajneswar & Co (Bd) Ltd. | Engineering | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value | -7.76 2025 | none | -105.59 | -231 | 745.10 |
| RINGSHINE | Ring Shine Textiles Limited | Textile | Z |
100 Already in Z
|
No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running AGM overdue by 9 months Owes 5,684.5 mn with no equity left Latest quarter also in loss 4 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -3.06 2024 | none | -8.03 | -9,022 | 3.90 |
| RSRMSTEEL | Ratanpur Steel Re-Rolling Mills Limited | Engineering | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2021 Loss in 2021 AGM overdue by 45 months Latest quarter also in loss | -3.75 2021 | none | 44.94 | 2,785 | 6.90 |
| SAFKOSPINN | Safko Spinnings Mills Ltd. | Textile | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Owes 1,422.4 mn with no equity left Latest quarter also in loss 3 loss-making years out of the last 5 Book value below face value | -7.52 2025 | none | -4.50 | -435 | 20.40 |
| SHYAMPSUG | Shyampur Sugar Mills Ltd. | Food & Allied | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Owes 2,661.6 mn with no equity left Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -50.77 2025 | none | -1,310.44 | -12,233 | 310.50 |
| STANCERAM | Standard Ceramic Industries Ltd. | Ceramics Sector | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2024 Accumulated losses exceed paid-up capital Loss in 2024 No dividend two years running AGM overdue by 9 months Owes 0.3 mn with no equity left Latest quarter also in loss 4 loss-making years out of the last 5 Book value below face value | -23.02 2024 | none | -37.84 | -324 | 64.50 |
| STYLECRAFT | Stylecraft Limited | Textile | Z |
100 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Reserves have gone negative Debt is 23.1× equity 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -1.08 2025 | none | 4.62 | -75 | 54.00 |
| TUNGHAI | Tung Hai Knitting & Dyeing Limited | Textile | Z |
100 Already in Z
|
Operations closed No dividend for 2022 No dividend two years running AGM overdue by 34 months Latest quarter also in loss Reserves have gone negative Debt is 3.9× equity | - 2022 | none | - | -766 | 4.00 |
| UNIONCAP | Union Capital Limited | Financial Institutions | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value Auditor raised a concern | -2.46 2025 | none | -65.49 | -13,027 | 4.40 |
| USMANIAGL | Usmania Glass Sheet Factory Limited | Miscellaneous | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Auditor raised a concern | -5.34 2025 | none | 64.73 | 953 | 57.50 |
| WMSHIPYARD | Western Marine Shipyard Limited | Engineering | Z |
100 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Debt is 7.2× equity 4 loss-making years out of the last 5 Auditor raised a concern | -0.02 2025 | none | 16.16 | 952 | 8.80 |
| YPL | Yeakin Polymer Limited | Engineering | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2021 Loss in 2021 AGM overdue by 45 months Latest quarter also in loss | -0.55 2021 | none | 11.12 | 83 | 21.90 |
| ZAHEENSPIN | Zaheen Spinning PLC. | Textile | Z |
100 Already in Z
|
Operations operation shutdown No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Reserves have gone negative 4 loss-making years out of the last 5 Book value below face value | -0.55 2025 | none | 3.39 | -752 | 5.10 |
| ZAHINTEX | Zahintex Industries Limited | Textile | Z |
100 Already in Z
|
No dividend for 2023 Loss in 2023 No dividend two years running AGM overdue by 21 months Latest quarter also in loss Reserves have gone negative Debt is 4.1× equity 5 loss-making years out of the last 5 Auditor raised a concern | -2.58 2023 | none | 10.01 | -290 | 8.00 |
| ZEALBANGLA | Zeal Bangla Sugar Mills Ltd. | Food & Allied | Z |
100 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital Loss in 2025 No dividend two years running Owes 4,679.3 mn with no equity left Latest quarter also in loss 5 loss-making years out of the last 5 Book value below face value | -78.87 2025 | none | -1,139.19 | -6,895 | 190.60 |
| ATLASBANG | Atlas Bangladesh Ltd. | Engineering | Z |
95 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Auditor raised a concern | -1.23 2025 | none | 121.00 | 3,521 | 83.00 |
| ISLAMICFIN | Islamic Finance & Investment PLC. | Financial Institutions | Z |
95 Already in Z
|
No dividend for 2024 Loss in 2024 No dividend two years running Latest quarter also in loss Reserves have gone negative Book value below face value | -12.22 2024 | none | 0.20 | -1,375 | 10.80 |
| TALLUSPIN | Tallu Spinning Mills Ltd. | Textile | Z |
95 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 Auditor raised a concern | -2.79 2025 | none | 13.34 | 299 | 7.20 |
| ALLTEX | Alltex Industries Ltd. | Textile | Z |
90 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Debt is 2.2× equity 4 loss-making years out of the last 5 Auditor raised a concern | -0.18 2025 | none | 24.77 | 826 | 23.40 |
| DESCO | Dhaka Electric Supply Company Ltd. | Fuel & Power | Z |
90 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Debt is 3.0× equity 3 loss-making years out of the last 5 Auditor raised a concern | -3.15 2025 | none | 35.33 | 10,071 | 23.00 |
| GSPFINANCE | GSP Finance Company (Bangladesh) PLC. | Financial Institutions | Z |
90 Already in Z
|
No dividend for 2023 Loss in 2023 No dividend two years running AGM overdue by 9 months Latest quarter also in loss | -9.73 2023 | none | 18.05 | 1,264 | 3.60 |
| SINGERBD | Singer Bangladesh Limited | Engineering | Z |
90 Already in Z
|
No dividend for 2025 Loss in 2025 Latest quarter also in loss Reserves have gone negative Debt is 90.8× equity Book value below face value | -22.56 2025 | none | 1.69 | -772 | 81.30 |
| BDFINANCE | Bangladesh Finance PLC. | Financial Institutions | Z |
85 Already in Z
|
No dividend for 2025 Accumulated losses exceed paid-up capital No dividend two years running Book value below face value Auditor raised a concern | 1.19 2025 | none | -29.07 | -7,354 | 11.60 |
| BDWELDING | Bangladesh Welding Electrodes Ltd. | Fuel & Power | Z |
85 Already in Z
|
Operations operation shutdown No dividend for 2019 No dividend two years running Latest quarter also in loss | - 2019 | none | - | 65 | 12.40 |
| BPML | Bashundhara Paper Mills Limited | Paper & Printing | Z |
85 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Debt is 3.4× equity | -18.98 2025 | none | 57.82 | 6,718 | 28.00 |
| DACCADYE | The Dacca Dyeing & Manufacturing Co.Ltd. | Textile | Z |
85 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss 3 loss-making years out of the last 5 | -5.82 2025 | none | 25.71 | 1,369 | 15.70 |
| GHCL | Global Heavy Chemicals Limited | Pharmaceuticals & Chemicals | Z |
85 Already in Z
|
No dividend for 2023 Loss in 2023 AGM overdue by 21 months Latest quarter also in loss Auditor raised a concern | -5.77 2023 | none | 47.85 | 1,642 | 20.20 |
| HRTEX | H.R.Textile Ltd. | Textile | Z |
85 Already in Z
|
No dividend for 2024 Loss in 2024 AGM overdue by 6 months Latest quarter also in loss Debt is 5.6× equity | -19.67 2024 | none | 21.43 | 334 | 17.40 |
| MIRACLEIND | Miracle Industries Ltd. | Miscellaneous | Z |
85 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss 5 loss-making years out of the last 5 | -2.30 2025 | none | 11.32 | 47 | 27.20 |
| PREMIERBAN | The Premier Bank PLC. | Bank | Z |
85 Already in Z
|
No dividend for 2025 Loss in 2025 No dividend two years running Latest quarter also in loss Auditor raised a concern | -8.05 2025 | none | 13.59 | 4,434 | 5.70 |
| DULAMIACOT | Dulamia Cotton Spinning Mills Ltd. | Textile | Z |
80 Already in Z
|
Operations operation shutdown Accumulated losses exceed paid-up capital Owes 354.8 mn with no equity left Book value below face value | 0.25 2025 | 3% | -39.83 | -377 | 186.20 |
| NORTHERN | Northern Jute Manufacturing Co. Ltd. | Jute | Z |
80 Already in Z
|
Operations closed AGM overdue by 57 months Latest quarter also in loss Debt is 3.9× equity Auditor raised a concern | 11.33 2020 | 5% | 81.66 | 154 | 98.80 |
| CNATEX | C & A Textiles Limited | Textile | Z |
75 Already in Z
|
Accumulated losses exceed paid-up capital AGM overdue by 21 months Owes 1,558.5 mn with no equity left Book value below face value Auditor raised a concern | 0.19 2023 | 1% | -3.81 | -3,305 | 3.00 |
| MITHUNKNIT | Mithun Knitting and Dyeing Ltd. | Textile | Z |
75 Already in Z
|
Operations operation shutdown No dividend for 2021 Reserves have gone negative Book value below face value | - 2021 | none | 3.18 | -145 | 13.70 |
| RAHIMAFOOD | Rahima Food Corporation Limited | Food & Allied | Z |
75 Already in Z
|
Operations operation shutdown Latest quarter also in loss Reserves have gone negative Book value below face value Auditor raised a concern | 0.56 2025 | 2% | 9.43 | -11 | 75.00 |
| GBBPOWER | GBB Power Ltd. | Fuel & Power | Z |
70 Already in Z
|
Operations operation shutdown No dividend for 2025 No dividend two years running | 0.11 2025 | none | 20.31 | 178 | 13.50 |
| HFL | Hamid Fabrics PLC | Textile | Z |
70 Already in Z
|
Operations closed AGM overdue by 21 months Latest quarter also in loss Auditor raised a concern | 0.19 2023 | 5% | 37.71 | 1,550 | 12.50 |
| LRBDL | Lub-rref (Bangladesh) Limited | Fuel & Power | Z |
70 Already in Z
|
No dividend for 2025 Loss in 2025 Latest quarter also in loss Auditor raised a concern | -4.56 2025 | none | 32.72 | 1,851 | 13.80 |
| ORIONPHARM | Orion Pharma Ltd. | Pharmaceuticals & Chemicals | Z |
70 Already in Z
|
No dividend for 2025 Loss in 2025 Latest quarter also in loss Auditor raised a concern | -1.77 2025 | none | 86.09 | 10,533 | 27.50 |
| AFTABAUTO | Aftab Automobiles Limited | Engineering | Z |
65 Already in Z
|
Loss in 2025 Latest quarter also in loss Debt is 4.8× equity 3 loss-making years out of the last 5 Auditor raised a concern | -1.37 2025 | 10% | 47.57 | 2,040 | 26.70 |
| BARKAPOWER | Baraka Power Limited | Fuel & Power | Z |
65 Already in Z
|
Operations operation shutdown No dividend for 2025 Auditor raised a concern | 0.36 2025 | none | 22.63 | 2,070 | 9.90 |
| RUPALIBANK | Rupali Bank PLC. | Bank | Z |
65 Already in Z
|
No dividend for 2025 No dividend two years running Latest quarter also in loss Auditor raised a concern | 0.14 2025 | none | 35.02 | 5,407 | 16.90 |
| GENNEXT | Generation Next Fashions Limited | Textile | Z |
60 Already in Z
|
Operations closed AGM overdue by 21 months Latest quarter also in loss | 0.07 2023 | 1% | 11.88 | 696 | 2.90 |
| OIMEX | Oimex Electrode Limited | Engineering | Z |
55 Already in Z
|
AGM overdue by 9 months Reserves have gone negative Debt is 6.4× equity Book value below face value Auditor raised a concern | 0.78 2024 | 3% | 3.52 | -480 | 14.10 |
| PDL | Pacific Denims Limited | Textile | Z |
55 Already in Z
|
Operations operation shutdown AGM overdue by 21 months Auditor raised a concern | 0.12 2023 | 1% | 13.58 | 657 | 5.50 |
| SALAMCRST | S. Alam Cold Rolled Steels Ltd. | Engineering | Z |
55 Already in Z
|
Operations operation shutdown AGM overdue by 20 months Debt is 10.2× equity | 0.49 2023 | 5% | 18.55 | 407 | 12.10 |
| AAMRATECH | AAMRATECH | IT Sector | Z |
50 Already in Z
|
Loss in 2024 AGM overdue by 9 months Latest quarter also in loss | -0.12 2024 | 1% | 21.73 | 257 | 16.80 |
| ISLAMIBANK | Islami Bank Bangladesh PLC. | Bank | Z |
50 Already in Z
|
No dividend for 2024 Latest quarter also in loss Auditor raised a concern | 0.68 2024 | none | 44.36 | 55,578 | 27.00 |
| MERCANBANK | Mercantile Bank PLC. | Bank | Z |
50 Already in Z
|
No dividend for 2025 No dividend two years running Auditor raised a concern | 1.10 2025 | none | 24.35 | 15,661 | 6.50 |
| NRBCBANK | NRBC Bank PLC. | Bank | Z |
50 Already in Z
|
No dividend for 2025 No dividend two years running Auditor raised a concern | 0.16 2025 | none | 16.74 | 5,585 | 9.10 |
| SBACBANK | SBAC Bank PLC. | Bank | Z |
50 Already in Z
|
No dividend for 2025 No dividend two years running Auditor raised a concern | 0.01 2025 | none | 13.61 | 2,973 | 6.80 |
| SSSTEEL | S. S. Steel Limited | Engineering | Z |
50 Already in Z
|
AGM overdue by 9 months Latest quarter also in loss Debt is 2.7× equity Auditor raised a concern | 0.17 2024 | 2% | 21.69 | 4,559 | 6.10 |
| UCB | United Commercial Bank PLC | Bank | Z |
50 Already in Z
|
No dividend for 2025 No dividend two years running Auditor raised a concern | 0.15 2025 | none | 25.71 | 22,904 | 9.00 |
| ACTIVEFINE | Active Fine Chemicals Limited | Pharmaceuticals & Chemicals | Z |
45 Already in Z
|
Operations operation shutdown AGM overdue by 33 months | 0.11 2022 | 0% | 22.07 | 1,910 | 5.80 |
| AFCAGRO | AFC Agro Biotech Ltd. | Pharmaceuticals & Chemicals | Z |
45 Already in Z
|
Operations operation shutdown AGM overdue by 33 months | 0.22 2022 | 1% | 18.19 | 944 | 6.20 |
| KTL | Kattali Textile Limited | Textile | Z |
45 Already in Z
|
Loss in 2024 AGM overdue by 10 months Auditor raised a concern | -0.84 2024 | 0% | 15.02 | 584 | 13.10 |
| NEWLINE | New Line Clothings Limited | Textile | Z |
45 Already in Z
|
Operations closed AGM overdue by 44 months | 1.63 2021 | 12% | 24.02 | 1,099 | 5.50 |
| DELTASPINN | Delta Spinners Ltd. | Textile | Z |
40 Already in Z
|
No dividend for 2017 No dividend two years running | 0.29 2017 | none | 14.41 | 516 | 7.00 |
| GEMINISEA | Gemini Sea Food PLC | Food & Allied | Z |
40 Already in Z
|
AGM overdue by 9 months Latest quarter also in loss Debt is 3.3× equity | 4.67 2024 | 8% | 19.69 | 104 | 108.10 |
| SKTRIMS | SK Trims & Industries Limited | Miscellaneous | Z |
40 Already in Z
|
AGM overdue by 9 months Latest quarter also in loss Auditor raised a concern | 0.54 2024 | 2% | 15.65 | 492 | 12.40 |
| STANDBANKL | Standard Islami Bank PLC. | Bank | Z |
40 Already in Z
|
No dividend for 2025 No dividend two years running | 0.72 2025 | none | 16.94 | 7,739 | 4.40 |
| ALARABANK | Al-Arafah Islami Bank PLC. | Bank | Z |
35 Already in Z
|
No dividend for 2024 Auditor raised a concern | 0.66 2024 | none | 20.85 | 14,179 | 15.20 |
| KEYACOSMET | Keya Cosmetics Ltd. | Pharmaceuticals & Chemicals | Z |
35 Already in Z
|
AGM overdue by 56 months Reserves have gone negative Book value below face value | 0.21 2020 | 1% | 0.23 | -852 | 5.60 |
| NRBBANK | NRB Bank PLC. | Bank | Z |
35 Already in Z
|
No dividend for 2024 Auditor raised a concern | 0.11 2024 | none | 12.66 | 1,838 | 6.60 |
| ONEBANKPLC | One Bank PLC | Bank | Z |
35 Already in Z
|
No dividend for 2024 Auditor raised a concern | 1.24 2024 | none | 22.43 | 13,282 | 7.70 |
| KPCL | Khulna Power Company Limited | Fuel & Power | Z |
30 Already in Z
|
Operations operation shutdown | 0.29 2025 | 5% | 19.03 | 3,588 | 10.60 |
| SHURWID | Shurwid Industries Limited | Engineering | Z |
30 Already in Z
|
Operations operation shutdown | 1.38 2019 | 10% | 12.21 | 127 | 5.90 |
| ALIF | Alif Manufacturing Company Ltd. | Textile | Z |
25 Already in Z
|
AGM overdue by 9 months Auditor raised a concern | 0.33 2024 | 1% | 15.15 | 1,339 | 5.30 |
| AOL | Associated Oxygen Limited | Fuel & Power | Z |
25 Already in Z
|
AGM overdue by 33 months Auditor raised a concern | 1.67 2022 | 10% | 18.56 | 926 | 15.60 |
| BEACHHATCH | Beach Hatchery Ltd. | Food & Allied | Z |
25 Already in Z
|
AGM overdue by 9 months Auditor raised a concern | 2.03 2024 | 10% | 12.49 | 103 | 27.80 |
| BESTHLDNG | Best Holdings PLC. | Travel & Leisure | Z |
25 Already in Z
|
AGM overdue by 9 months Auditor raised a concern | 1.43 2024 | 10% | 57.82 | 46,373 | 14.90 |
| FORTUNE | Fortune Shoes Limited | Tannery Industries | Z |
25 Already in Z
|
Latest quarter also in loss Auditor raised a concern | 0.11 2025 | 1% | 14.70 | 829 | 15.60 |
| SAIFPOWER | SAIF Powertec Limited | Services & Real Estate | Z |
25 Already in Z
|
AGM overdue by 9 months Debt is 3.7× equity | 0.70 2024 | 1% | 17.01 | 1,681 | 7.90 |
| UTTARAFIN | Uttara Finance and Investments Limited | Financial Institutions | Z |
25 Already in Z
|
AGM overdue by 60 months Auditor raised a concern | 9.45 2019 | 15% | 62.45 | 5,978 | 12.20 |
| NAVANACNG | Navana CNG Limited | Engineering | Z |
20 Already in Z
|
Debt is 5.4× equity Auditor raised a concern | 0.10 2025 | 10% | 30.79 | 1,571 | 20.20 |
| AAMRANET | AAMRANET | IT Sector | Z |
15 Already in Z
|
AGM overdue by 9 months | 2.46 2024 | 10% | 37.01 | 1,361 | 18.90 |
| AIL | Alif Industries Limited | Textile | Z |
15 Already in Z
|
AGM overdue by 9 months | 2.36 2024 | 10% | 24.56 | 600 | 31.90 |
| FAREASTLIF | Fareast Islami Life Insurance Co. Ltd. | Insurance | Z |
15 Already in Z
|
AGM overdue by 4 months | - 2019 | 10% | - | 0 | 17.90 |
| LIBRAINFU | Libra Infusions Limited | Pharmaceuticals & Chemicals | Z |
15 Already in Z
|
AGM overdue by 21 months | 0.15 2021 | 30% | 1,261.00 | 1,871 | 580.00 |
| PROGRESLIF | Progressive Life Insurance Co. Ltd. | Insurance | Z |
15 Already in Z
|
AGM overdue by 3 months | - 2020 | 3% | - | 0 | 36.00 |
| ADVENT | Advent Pharma Limited | Pharmaceuticals & Chemicals | Z |
10 Already in Z
|
Auditor raised a concern | 0.72 2025 | 1% | 16.43 | 599 | 14.00 |
| INTRACO | Intraco Refueling Station PLC | Fuel & Power | Z |
10 Already in Z
|
Auditor raised a concern | 0.86 2025 | 1% | 13.24 | 329 | 21.70 |
| PADMALIFE | Padma Islami Life Insurance Limited | Insurance | Z |
10 Already in Z
|
Auditor raised a concern | - 2021 | 2% | - | 0 | 16.30 |
How the score is built
| Signal | Points | Why it counts |
|---|---|---|
| No dividend for the latest reported year | 25 | A DSE Z criterion, declaring no dividend is one of the stated grounds |
| No dividend two years running | +15 | A DSE Z criterion, a repeated miss, not a one-off |
| Accumulated losses exceed paid-up capital | 25 | A DSE Z criterion, capital has been consumed by losses |
| AGM more than 15 months ago | 15 | A DSE Z criterion, failing to hold the AGM |
| Loss in the latest reported year | 20 | Runs ahead of both the dividend and the capital criteria |
| Latest quarter also in loss | 15 | The freshest figure published, often the first sign |
| Three or more loss years out of five | +10 | Losses are the pattern, not a bad year |
| Reserves negative | 10 | Losses have started eating into capital |
| Book value below face value | 10 | Each share is backed by less than its stated value |
| Auditor raised a concern | 10 | A qualified opinion filed with DSE |
| Already in category B | 5 | One step above Z |
⚠ This reads the company's own published figures against DSE's stated Z criteria. It is not a prediction of DSE's decision. DSE also acts on filings and compliance records this project cannot see, and it can move a company in either direction at any time. A high score means these warning signs are present today, nothing more. Hover any chip to see the exact number behind it. Not investment advice.
🔎 Trading that stands out, across the market
55 shares are trading unlike their own recent normal. Every pattern here has an innocent explanation as well as a worrying one, so treat them as places to look, not as findings.
| Share | What stood out | When |
|---|---|---|
| 1STPRIMFMF | Unusually large transactions | 2026-09-22 |
| 1STPRIMFMF | Sharp move, nothing announced | 2026-09-10 |
| AAMRATECH | Big move, few trades | 2026-09-13 |
| AFCAGRO | Big move, few trades | 2026-09-15 |
| AGRANINS | Big move, few trades | 2026-09-15 |
| ANLIMAYARN | Big move, few trades | 2026-09-21 |
| ARAMIT | Big move, few trades | 2026-09-15 |
| AZIZPIPES | Big move, few trades | 2026-09-20 |
| AZIZPIPES | Big move, few trades | 2026-09-23 |
| BDWELDING | Big move, few trades | 2026-09-15 |
| CAPMIBBLMF | Big move, few trades | 2026-09-10 |
| CNATEX | Big move, few trades | 2026-09-23 |
| DACCADYE | Unusually large transactions | 2026-09-21 |
| DGIC | Sharp move, nothing announced | 2026-09-10 |
| DHAKAINS | Big move, few trades | 2026-09-15 |
| DULAMIACOT | Big move, few trades | 2026-09-16 |
| EBL | Money moved, price did not | 2026-09-17 |
| EBL | Money moved, price did not | 2026-09-20 |
| EBL | Money moved, price did not | 2026-09-21 |
| EBL | Money moved, price did not | 2026-09-22 |
| FAREASTFIN | Big move, few trades | 2026-07-27 |
| FAREASTFIN | Big move, few trades | 2026-07-28 |
| FAREASTFIN | Big move, few trades | 2026-08-02 |
| FAREASTFIN | Big move, few trades | 2026-08-09 |
| FAREASTFIN | Big move, few trades | 2026-08-10 |
| FASFIN | Big move, few trades | 2026-07-26 |
| FASFIN | Big move, few trades | 2026-07-27 |
| FASFIN | Big move, few trades | 2026-07-28 |
| FASFIN | Big move, few trades | 2026-08-03 |
| FASFIN | Big move, few trades | 2026-08-04 |
| FASFIN | Big move, few trades | 2026-08-10 |
| FIRSTFIN | Big move, few trades | 2026-09-15 |
| FIRSTFIN | Big move, few trades | 2026-09-22 |
| GHCL | Big move, few trades | 2026-09-13 |
| GSPFINANCE | Big move, few trades | 2026-09-16 |
| ICBAMCL2ND | Big move, few trades | 2026-09-14 |
| ICBSONALI1 | Money moved, price did not | 2026-09-22 |
| ILFSL | Big move, few trades | 2026-07-27 |
| ILFSL | Big move, few trades | 2026-07-28 |
| ILFSL | Money moved, price did not | 2026-07-29 |
| ILFSL | Money moved, price did not | 2026-08-06 |
| ILFSL | Big move, few trades | 2026-08-09 |
| ILFSL | Big move, few trades | 2026-08-10 |
| INTECH | Big move, few trades | 2026-09-15 |
| ISNLTD | Sharp move, nothing announced | 2026-09-10 |
| KBPPWBIL | Sharp move, nothing announced | 2026-09-10 |
| MBL1STMF | Money moved, price did not | 2026-09-22 |
| MEGHNALIFE | Big move, few trades | 2026-09-15 |
| MEGHNAPET | Sharp move, nothing announced | 2026-09-10 |
| METROSPIN | Big move, few trades | 2026-09-23 |
| NEWLINE | Big move, few trades | 2026-09-13 |
| NEWLINE | Big move, few trades | 2026-09-20 |
| NEWLINE | Big move, few trades | 2026-09-22 |
| NRBCBANK | Unusually large transactions | 2026-09-10 |
| NRBCBANK | Unusually large transactions | 2026-09-15 |
| NURANI | Big move, few trades | 2026-09-20 |
| OIMEX | Big move, few trades | 2026-09-20 |
| ORIONINFU | Money moved, price did not | 2026-09-23 |
| PHPMF1 | Big move, few trades | 2026-09-17 |
| PLFSL | Big move, few trades | 2026-09-16 |
| PLFSL | Big move, few trades | 2026-09-20 |
| PLFSL | Big move, few trades | 2026-09-21 |
| PREMIERLEA | Big move, few trades | 2026-09-14 |
| PREMIERLEA | Big move, few trades | 2026-09-15 |
| PREMIERLEA | Big move, few trades | 2026-09-21 |
| PRIMEFIN | Big move, few trades | 2026-09-13 |
| PRIMEFIN | Big move, few trades | 2026-09-15 |
| PRIMELIFE | Big move, few trades | 2026-09-23 |
| REGENTTEX | Big move, few trades | 2026-09-13 |
| RINGSHINE | Big move, few trades | 2026-09-16 |
| SAIFPOWER | Big move, few trades | 2026-09-14 |
| SAIFPOWER | Big move, few trades | 2026-09-15 |
| SEMLIBBLSF | Unusually large transactions | 2026-09-16 |
| SHYAMPSUG | Unusually large transactions | 2026-09-16 |
| SKTRIMS | Big move, few trades | 2026-09-14 |
| SQURPHARMA | Money moved, price did not | 2026-09-23 |
| SQURPHARMA | Unusually large transactions | 2026-09-23 |
| STANCERAM | Big move, few trades | 2026-09-14 |
| STYLECRAFT | Big move, few trades | 2026-09-13 |
| STYLECRAFT | Big move, few trades | 2026-09-20 |
| TRUSTBANK | Unusually large transactions | 2026-09-10 |
| TUNGHAI | Big move, few trades | 2026-09-15 |
| WALTONHIL | Money moved, price did not | 2026-09-17 |
| YPL | Big move, few trades | 2026-09-13 |
| ZAHEENSPIN | Big move, few trades | 2026-09-22 |
| ZEALBANGLA | Big move, few trades | 2026-09-13 |