Miracle Industries Limited
DDSE:MIRACLEIND26.10
BDT
-0.40
(-1.51%)
ISIN
BD0637MIRCL9
Return %
Stock
S&P 500
1Y
-13.29
14.20
3Y
-31.13
81.12
5Y
-18.18
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- A. K. M. Sahabub Alam
- Full Time Employees
- 550
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- Dhaka Bangladesh
- IPO Date
- Jan 6, 2000
- Website
- miracle.com.bd
- Similar Companies
- Business
- Miracle Industries Limited is a Bangladesh-based packaging manufacturing company that produces and distributes polypropylene woven sacks, bulk containers, and flexible industrial packaging solutions. Founded in 1993 as a joint venture with the state-owned Bangladesh Chemical Industries Corporation (BCIC) and headquartered in Dhaka, Bangladesh, the company operates manufacturing plants located in Sreepur, Gazipur. Miracle Industries Limited supplies heavy-duty packaging solutions to industrial and agricultural sectors across Bangladesh, serving producers and distributors of fertilizers, cement, chemicals, sugar, salt, food grains, seeds, and animal feed. The company's core product portfolio includes flexible intermediate bulk containers (FIBCs and jumbo bulk bags); polypropylene (PP) and high-density polyethylene (HDPE) woven sacks; polyethylene (PE) inner liner bags; multi-color single- and double-sided laminated tarpaulins; multi-layer reinforced kraft paper bags; custom-printed commercial sacks; and specialized moisture-resistant industrial packaging. In recent developments, the company completed a major ownership and management transition following the acquisition of sponsor-promoter equity stakes by Mehmood Equities Limited, resulting in a reconstituted board of directors and new executive leadership. Under this management restructuring, the company has implemented operational rehabilitation initiatives at its Gazipur production facilities, focused on resolving legacy debt liabilities, securing working capital financing, resuming consistent manufacturing operations, and expanding supply contracts with state enterprises such as BCIC and commercial industrial clients.