DSE:FINEFOODS

Fine Foods Limited research

Reports on Fine Foods Limited

Company · 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.

Fine Foods Limited is a small agricultural company listed on the Dhaka Stock Exchange since 2002. It farms fish and raises fingerlings (young fish sold to other fish farmers) at two pond sites, Unit-1 in Katiadi, Kishoreganj and Unit-2 in Mymensingh. It has 13.97 million…

Peer comparisons and industry research covering Fine Foods Limited

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.

Rangpur Dairy & Food Products Limited makes UHT, pasteurised and flavoured milk, ghee, butter, candy and other milk products at a factory in Salaipur, Baldipukur, Rangpur, and sells them in Bangladesh. It was incorporated in March 2004, started commercial production on 14-Apr-2007 and sold shares…

All Bangladesh research →