Equity Report on ACI

ACI Limited is one of the largest business conglomerates in Bangladesh tracking a 5Y revenue CAGR of 16.3%; the company has 63.92% of free float market capitalization up to May 2024.

BUDGET ANALYSIS FY2024-25: Assessing The Implications for Capital Market

The size of the Bangladesh’s National Budget FY’2024-25 is BDT 7.97trillion which is 12% higher than the previous Budget FY’2023-24. The target of total tax revenue this year is Tk. 5.4 trillion which is 13.2% higher than the revised budget of FY’2023-24 and also ambitious for the sluggish in economic activities and disposable level. About 60% of the budget 2024-25 will be financed by NBR tax revenue, which is challenging due to lack of taxpayers and tax-culture. This year domestic borrowing is proposed at BDT 1.6 trillion which could limit private sector growth. In the proposed budget, ADP counted 2.65 trillion.

Marico
Equity Coverage on Marico Bangladesh Limited

Marico Bangladesh Limited is one of the leading consumer products company in Bangladesh with a CAGR of 13% in terms of revenue over the last five years. Parachute Coconut Oil is the most trustworthy brand which owns more than 80% of market share in the coconut oil category and also contribute about 63.6%(average) in revenue mix of the company.

Dhaka Bank
Equity Coverage on Dhaka Bank PLC.

Dhaka Bank PLC. (DHAKABANK) is a leading private commercial bank of Bangladesh which provides wide array of financial products and services that includes all kinds of conventional and Islamic banking activities. The bank is one of the largest private sector commercial bank in Bangladesh in terms of total assets, which stood at BDT 347,693 million, as at the end of 2022 with a CAGR of 8.5% over the past five years.