Olympic Industries to acquire stake in proposed firm, buy land in Narayanganj

Leading biscuit maker Olympic Industries has decided to buy land to expand its operations and make a new investment of Tk 2 million in a proposed company.
According to a disclosure, the investment will be made in Tripti Industries (proposed) in exchange for 200,000 ordinary shares at a face value of Tk 10 each, giving the food and allied products manufacturer a 40 per cent ownership stake in the company.
The authorised capital of Tripti Industries has been set at Tk 500 million, divided into 50 million ordinary shares of Tk 10 each. The initial paid-up capital will be Tk 50 million, comprising 5.0 million ordinary shares.
In a separate move, the company's board of directors, at a meeting held on January 19, approved the acquisition of 19.25 decimals of land under Mouza Madanpur-6 of Bandar Police Station in Narayanganj district for future factory construction. The total cost of the land, including registration-related VAT, tax, and other statutory charges, will amount to Tk 5.775 million.
Olympic Industries reported earnings per share (EPS) of Tk 2.86 for the first quarter (July-September) of FY26, marginally higher than Tk 2.83 in the corresponding period of the previous year. The company's net asset value per share (NAVPS) stood at Tk 56.12 as of September last year.
For FY25, the company declared a 30 per cent cash dividend for its shareholders. During the year, Olympic Industries posted an EPS of Tk 10.06, up from Tk 9.17 a year earlier, while its NAVPS stood at Tk 62.35 as of June last year.
Olympic Industries has maintained a long-term credit rating of 'AAA' and a short-term rating of 'ST-1', reaffirmed by National Credit Ratings Limited (NCR) based on its audited financial statements for the year ended June 2025.
According to the latest shareholding structure, sponsors and directors hold 32.38 per cent of the company's shares, institutional investors 21.46 per cent, foreign investors 32.98 per cent, and general investors the remaining 13.18 per cent.
Olympic Industries is the market leader in Bangladesh's branded biscuit segment, with an estimated 25-30 per cent share of the organised market, according to industry and brokerage estimates.
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