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Company · DSE:AMCLPRAN · FMCG, food & tobacco · Analysis · 29 Oct 2026
AMCL (PRAN): operating cash flow BDT 23.9m in FY2025, bank borrowings BDT 956.0m, BDT 5,975.0m of guarantees given for sister concerns
Agricultural Marketing Company, the listed PRAN food and beverage maker, grew turnover from BDT 2,641.3m in FY2020 to BDT 3,490.7m in FY2025, with gross margin between 18.7% and 19.1% in every year. Financial expenses took 64.4% of FY2025 operating profit, bank borrowings rose to BDT 956.0m at June 2025 and operating cash flow fell to BDT 23.9m. DSE-announced FY2026 EPS was BDT 5.03 with a 32% cash dividend; the shares closed at BDT 206.4 on 29-Oct-2026.
Company · DSE:RDFOOD · FMCG, food & tobacco · Analysis · 29 Oct 2026
Rangpur Dairy & Food Products: revenue up 104% in five years, finance cost up 392%, EPS down to BDT 0.54
Revenue rose from BDT 611m (FY2020) to BDT 1244m (FY2025) and financial expenses from BDT 14.6m to BDT 71.9m; EPS fell from BDT 1.38 (FY2023) to BDT 0.61 (FY2025) and BDT 0.54 (FY2026, DSE-announced). The FY2025 audit opinion is qualified. The shares closed at BDT 20.8 on 29-Oct-2026, 38.5x FY2026 EPS and 1.20x June 2026 NAV.
Company · DSE:LOVELLO · FMCG, food & tobacco · Analysis · 29 Oct 2026
Lovello: ice-cream sales up 43% in nine months, on a restated balance sheet that now carries BDT 2.3bn of borrowings
Net sales rose to BDT 1,151m in FY2025 and BDT 1,423m in 9M FY2026 at a steady ~42% gross margin, but the FY2025 audit is qualified, June 2024 loans were restated from BDT 953m to BDT 1,764m, and BDT 229m of bank interest sits in 'advances' rather than in the income statement.
Company · DSE:FINEFOODS · FMCG, food & tobacco · Analysis · 29 Oct 2026
Fine Foods: a fish-fingerling farm whose profit rose from BDT 0.9m to BDT 165m in three years under three qualified audits
Revenue grew from BDT 61.6m (FY2023) to BDT 118.9m (FY2025) while cost of goods sold fell, lifting gross margin from 9.1% to 64.1% and 94.2% in 9M FY2026; the auditor could not verify almost-all-cash sales, and the stock trades at 37.2x FY2026 EPS and 17.4x book.