Discover BEXIMCO—a top DSE market leader. Learn about its diversified operations, financial positioning, stock performance, and recent developments in Bangladesh’s largest conglomerate.
This blog is one of the edition of Top 10 Market Leaders in Dhaka Stock Exchange: Fundamentals & Insights series. In this series I am trying to get a holistic overview for each top 10 companies in Dhaka stock Exchange.
Corporate Profile & Legacy
Founded in 1972 by A. S. F. Rahman and Salman F. Rahman, BEXIMCO is Bangladesh’s largest private-sector conglomerate. Headquartered in Dhaka, it spans industries including textiles, pharmaceuticals, ceramics, media, energy, real estate, banking, and more.
Its listed subsidiaries include BEXIMCO itself, Beximco Pharma (first Bangladeshi company on London’s AIM list), and Shinepukur Ceramics. The group’s reach is global, exporting to 55+ countries, and employing tens of thousands across its units.
Market Position & Stock Overview
As of September 10, 2025:
- Share Price: ৳110.10 (unchanged intraday)
- Market Capitalization: ৳103.85 billion
This positions BEXIMCO among the elite tier of DSE behemoths, alongside Grameenphone, Square Pharma, and BRAC Bank.
Business Portfolio at a Glance
- Pharmaceuticals: Through Beximco Pharma, a leader in generic medicines and COVID-era innovations like remdesivir and molnupiravir.
- Textiles & Apparel: A major exporter with global retail footprints via brands like Yellow.
- Ceramics: Shinepukur Ceramics supplies both domestic and international markets.
- Media & Communication: Owns Independent Television and other media assets.
- Energy & Infrastructure: Investments in solar power (Teesta Solar), real estate, and LPG.
Recent Developments & Structural Shifts
- Leadership Crisis (2024): Vice-Chairman Salman F. Rahman—also a former government advisor—was arrested amid political upheaval and alleged financial wrongdoing. A receiver was appointed by the High Court to manage operations.
- Financial Strain: In Q3 2024 (July–Sept), BEXIMCO posted a Tk 1.13 billion loss, and laid off approximately 30,000 workers (75% of workforce), citing order shortages and financial constraints.
Investor Insights: Strengths & Risks
Strengths
- Diversification: Exposure across fast-moving consumer goods (FMCG), healthcare, real estate, energy, and media.
- Scale & Legacy: Presence since the 1970s with global export networks.
- Strategic Assets: Unaudited unit earnings may rebound when operations stabilize.
Risks
- Management Uncertainty: Receiver-led governance may affect long-term strategic decisions.
- Recent Losses & Layoffs: Operational pressure may weigh on investor sentiment.
- Political and Regulatory Exposure: Market-sensitive due to political entanglements.
FAQ: Quick Takeaways
Q1: What sectors does BEXIMCO operate in?
A: Textiles, pharmaceuticals, ceramics, media, energy, real estate, banking, and more.
Q2: What’s its current stock price and market cap?
A: Around ৳110.10, with a market capitalization of ৳103.85 billion (as of Sept 10, 2025).
Q3: Who leads BEXIMCO?
A: Founder leadership exists, but as of late 2024, a receiver manages operations following legal proceedings involving Vice-Chairman Salman F. Rahman.
Q4: What recent corporate challenges have occurred?
A: Facing legal oversight, Q3 losses (~Tk 1.13B), and major workforce layoffs (75%).
Final Words
BEXIMCO stands as a symbol of entrepreneurial ambition and industrial breadth in Bangladesh. Its diversified portfolio makes it uniquely resilient in shifting markets. But recent governance turmoil, financial losses, and political entanglements introduce significant uncertainty.
For long-term, risk-tolerant investors, BEXIMCO may represent a turnaround opportunity with deep underlying value. Yet for those seeking stability, caution is advised until clarity returns to its leadership and financial footing.
