Dacca Dyeing and Manufacturing Company Limited
DDSE:DACCADYE15.60
BDT
+0.40
(+2.63%)
ISIN
BD0489DDMFG9
Return %
Stock
S&P 500
1Y
-12.36
14.39
3Y
18.18
81.42
5Y
-25.00
68.62
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Sameer Quader Chowdhury
- Full Time Employees
- 34
- Sector
- Process industries
- Industry
- Textiles
- Address
- Dhaka Bangladesh
- IPO Date
- Aug 30, 2009
- Similar Companies
- Business
- The Dacca Dyeing and Manufacturing Company Limited is a Bangladesh-based composite textile manufacturing enterprise primarily engaged in the production, processing, and export of home textiles and specialized fabrics. Founded in 1963 and headquartered in Dhaka, Bangladesh, the company operates as part of the QC Group and maintains an integrated manufacturing plant in Tongi, Gazipur. Its operations encompass complete vertically integrated textile processing, including weaving, yarn and fabric dyeing, rotary screen printing, chemical finishing, and automated stitching. The company's core product portfolio is systematically categorized into bed linen, including bed sheets, bed covers, duvet covers, fitted sheets, flat sheets, and pillowcases; bath linen, comprising terry towels, bathrobes, bath mats, face towels, and washcloths; kitchen and dining linen, featuring tablecloths, placemats, napkins, and tea towels; and apparel textiles, including woven shirting fabrics and flannel materials. The Dacca Dyeing and Manufacturing Company Limited distributes its products to institutional clients, retailers, and buying houses across export markets in Europe and North America, alongside supplying domestic commercial markets in Bangladesh. In recent developments, the company has experienced operational disruptions and severe capacity underutilization driven by regional natural gas and electricity supply shortages, which forced the curtailment of operations in its dyeing and printing units. As a result of mounting financial pressures and the non-declaration of dividends, the company's shares on the Dhaka Stock Exchange (Ticker: DACCADYE) were reclassified into the Z trading category, while statutory audit reports highlighted material uncertainties regarding its going-concern status. In response, management is pursuing debt restructuring discussions with financial institutions, implementing cost containment measures, and seeking utility stabilization to restore plant capacity utilization.