Navana CNG Limited
DDSE:NAVANACNG18.60
BDT
+0.10
(+0.54%)
ISIN
BD0228NVCNG7
Return %
Stock
S&P 500
1Y
-11.00
14.39
3Y
-18.78
81.42
5Y
-42.72
68.62
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
- Sajedul Islam
- Full Time Employees
- 947
- Sector
- Utilities
- Industry
- Gas distributors
- Address
- Dhaka Bangladesh
- IPO Date
- Jul 26, 2009
- Website
- navanacng.com
- Similar Companies
- Business
- Navana CNG Limited provides compressed natural gas (CNG) and liquefied petroleum gas (LPG) conversion services, operates automotive refueling stations, and manufactures automotive and engineering components in Bangladesh. The company operates through several core business segments, offering vehicle conversion services for petrol, octane, and diesel vehicles into CNG and LPG dual-fuel systems; distribution and installation of CNG and LPG conversion kits, high-pressure seamless steel cylinders, and composite gas tanks; operation of an extensive network of CNG refueling stations and LPG auto-gas dispensing stations across major urban centers and transport corridors; assembly, maintenance, and marketing of three-wheeler commercial vehicles and auto-rickshaws; and provision of comprehensive after-sales maintenance, hydro-testing of pressure cylinders, and automotive servicing. Through its industrial subsidiaries and manufacturing facilities, the company also produces and distributes polymer and high-density polyethylene (HDPE) pipes, PVC fittings, welding electrodes, and light engineering equipment for industrial, construction, and agricultural sectors. Founded in 2004 and headquartered in Dhaka, Bangladesh, Navana CNG Limited is a core operating entity of the Navana Group and is publicly listed on the Dhaka Stock Exchange and Chittagong Stock Exchange under the ticker NAVANACNG. The company primarily targets individual automobile owners, commercial fleet operators, public transport systems, and industrial enterprises across Bangladesh. In response to domestic energy policy shifts and natural gas availability constraints, Navana CNG Limited has executed major strategic and operational changes over the past two years. The company has diversified its revenue model by substantially scaling its LPG auto-gas business, establishing new LPG autogas refueling stations and converting existing infrastructure into multi-fuel dispensing centers. It has expanded its product catalog with advanced sequential electronic injection conversion kits and high-efficiency dual-fuel systems sourced through strategic partnerships with international automotive equipment manufacturers. Additionally, the company has ramped up production capabilities at its welding electrode and engineering polymer divisions to capture domestic infrastructure demand, while streamlining supply chain logistics and working capital management to navigate foreign exchange fluctuations and raw material import challenges.