Marico Bangladesh declares 500% interim cash dividend
During the April-September period, the company posted Tk1,012 crore in revenue, marking a 20.33% rise compared to the same period a year earlier
Marico Bangladesh, the local subsidiary of the India-based multinational, has recommended an impressive 500% interim cash dividend based on its audited financial statements for the six-month period ended on 30 September 2025.
In the previous year, the company paid a 3,840% cash dividend to its shareholders, despite the business environment being challenged by political instability in the country.
Shareholders whose names appear in the Register of Members or in the Depository Register on the record date – Sunday, 23 November 2025 – will be entitled to receive the dividend.
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However, despite the announcement, the company's share price fell by 0.89% to Tk2,771.80 on the Dhaka Stock Exchange (DSE) today (28 October).
During the April-September period, the company – known for its flagship Parachute coconut oil brand – posted Tk1,012 crore in revenue, marking a 20.33% rise compared to the same period a year earlier.
Its net profit also saw a significant jump, rising to Tk348.14 crore from Tk319.11 crore in the corresponding period of the previous year. Consequently, earnings per share (EPS) increased to Tk110.52 from Tk101.31. In the July–September quarter alone, revenue stood at Tk501 crore and profit was Tk154 crore.
Marico began its journey in Bangladesh in 1999 with the Parachute coconut oil brand. Since then, it has evolved into a multi-category player with over 20 brands across personal care and food segments.
Listed on both stock exchanges in 2009, the company currently has a paid-up capital of Tk31.50 crore. Its sponsors and directors hold 90% shares, while general investors own only 2.03%. The remaining shares are held by institutional and foreign investors.
To capture greater market share, Marico has been diversifying its product portfolio, ramping up production capacity, and expanding investments in Bangladesh.
At the beginning of 2020, the company invested Tk29.3 crore to expand its Gazipur factory and install a new production line to meet growing demand for coconut oil and food products.
Later in October 2020, Marico announced an investment of Tk227 crore to enhance its "Made in Bangladesh" production footprint, which includes establishing a new manufacturing plant in the Mirsarai Economic Zone.
