Report
Rayhan Ahmed

Equity Note on Eastern Housing Limited (EHL)

Eastern Housing Limited (EHL) is a real estate company, engaged in purchasing land, developing land for urban housing and selling them to the people from different income group. The company also purchases land for construction of multistoried apartment buildings, shopping mall and office spaces. In addition, the company goes into agreements with the owners of the land to construct multistoried buildings on sharing basis.
EHL has reported a staggering 44.2% YoY growth in EPS during Q1’25, mainly driven by a 42.7% increase in finance income from its short-term investments in the form of FDR and MTDR (amounting to BDT 4.38 billion), which contributed to around 64% of the company’s total net profit growth during the period. The current elevated deposit rates are expected to sustain this positive impact on earnings in the near term.
Provider
EBL Securities Ltd.
EBL Securities Ltd.

EBL Securities Ltd. (EBLSL) is one of the fastest growing full-service institutional brokerage companies in Bangladesh. On top of our expertise and achievements, we take pride in our strong commitment towards excellent client services and development of the Bangladesh capital markets.

EBLSL is a fully owned subsidiary of Eastern Bank Limited (EBL), one of the leading private commercial banks of Bangladesh. EBLSL is one of the TOP-10 brokerage companies of Bangladesh.

We have unwavering faith in the potential of Bangladesh. We also believe that an efficient, vibrant and transparent capital market can strongly contribute to the overall development of Bangladesh. Bangladesh is currently at the initial stage of capital market growth, and we are committed to assist the entry of early movers into a growth-oriented, vibrant, nascent emerging market.

EBLSL has developed a disciplined approach towards providing capital market services. The foundation for our business is a strong commitment towards market experience & professionalism, investment knowledge, market intelligence and research services.

Analysts
Rayhan Ahmed

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