Company Marico Bangladesh Limited

Equities

MARICO

BD0481MRICO6

Personal Products

End-of-day quote Dhaka S.E. 06:00:00 2024-04-17 pm EDT 5-day change 1st Jan Change
2,430 BDT -0.24% Intraday chart for Marico Bangladesh Limited -1.81% -1.24%

Business Summary

Marico Bangladesh Limited is a Bangladesh-based manufacturer and marketer of fast-moving consumer goods (FMCG). Its product portfolio includes haircare, skincare, baby care, male grooming, hygiene and food categories. The Company is engaged in manufacturing and marketing of consumer products under the brand name of Parachute, Nihar, Saffola, Hair Code, Livon, Parachute Advanced, Beliphool, Ayurvedic Gold, Extra Care, Parachute Body Lotion, Set-Wet, Just for Baby, Beardo, Medicare safelife and Bio Oil in Bangladesh. Its manufacturing plants are located at Mouchak, Kaliakoir, Gazipur and Shirirchala, Mahona, Bhabanipur, Gazipur. The Company sells its products through its own distribution channels comprising of sales depots located in Gazipur, Chittagong, Bogra and Jessore. The Company’s value-added hair oil (VAHO) segment consists of several brands, such as Parachute Beliphool Lite, Parachute Advansed, and Parachute Cooling Hair Oil.

Number of employees: 75

Sales per Business

BDT in Million2022Weight2023Weight Delta
Parachute Coconut Oil
60.7 %
8,035 61.7 % 8,576 60.7 % +6.73%
Value Added Hair Oil
28.6 %
3,788 29.1 % 4,045 28.6 % +6.78%
Health & Beauty
4.2 %
420 3.2 % 597 4.2 % +41.94%
Others
4.2 %
515 3.9 % 596 4.2 % +15.87%
Baby Segment
2.0 %
228 1.8 % 277 2.0 % +21.18%
Color
0.3 %
45 0.3 % 45 0.3 % -0.97%

Sales per region

BDT in Million2022Weight2023Weight Delta
Bangladesh
100.0 %
13,032 100.0 % 14,136 100.0 % +8.47%

Managers

Managers TitleAgeSince
Chief Executive Officer - 22-07-31
Chief Executive Officer - 18-07-17
Director of Finance/CFO - 23-06-12
Compliance Officer - -
Corporate Secretary - 22-10-31
General Counsel - 22-05-31
Human Resources Officer - 21-03-31
Sales & Marketing - 19-09-30

Members of the board

Members of the board TitleAgeSince
Chairman 47 13-04-22
Director/Board Member 70 20-08-30
Director/Board Member 78 20-08-30
Chief Executive Officer - 18-07-17
Director/Board Member - 20-09-09
Chief Executive Officer - 22-07-31
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 31,500,000 3,149,999 ( 10.000 %) 0 10.000 %

Shareholders

NameEquities%Valuation
28,350,000 90.00 % 632 M BDT

Company contact information

Marico Bangladesh Ltd.

The Glass House Block. SE (B), Level 6-7

1212, Dhaka

+880 22 2229 7139

http://www.marico.com/bangladesh
address Marico Bangladesh Limited(MARICO)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
2,430 BDT
Average target price
3,041 BDT
Spread / Average Target
+25.13%
Consensus

Annual profits - Rate of surprise

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