May 2026
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Largest Public Companies in Bangladesh
Benchmark revenue and EBITDA valuation multiples for public comps like
Grameenphone, Square Pharma, British American Tobacco Bangladesh, Renata and Bangladesh Submarine Cables.
 | Grameenphone Ltd is a mobile telecommunication operator based in Bangladesh. It is involved in providing mobile telecommunication services including voice, data, and other related services. The company also offers international roaming services through international roaming agreements with various operators in Asia, Europe, Australia, America, and Africa. Its product and service categories include Value-added services, Internet, Devices, Prepaid, Roaming, Digital services, Postpaid and others. | $2 | -16% | $3B | $3B | 2.4x | 4.0x | ||
| Square Pharmaceuticals PLC is a Bangladesh-based pharmaceutical company engaged in the manufacturing and marketing of generic pharmaceutical products, basic chemical products, animal health products, and crop care products, along with the manufacturing, marketing, and distribution of pharmaceutical products. The company operates in one segment, which is the business of developing, manufacturing, and marketing drugs for health care for all living species. It manufactures drugs such as paracetamol, clotrimazole, antiallergic, nitroglycerin, xylometazoline HCl, erythromycin, and various other drugs, and also provides devices such as AnsuPen and AnsuPen Twist. | $2 | +3% | $2B | $1B | 1.7x | 4.5x | ||
| British American Tobacco Bangladesh Co Ltd is engaged in the manufacturing and marketing of cigarettes in Bangladesh. It manufactures and markets brands including Benson & Hedges, John Player Gold Leaf, John Player Series, Capstan, Lucky Strike, Star, Royals, Derby, Pilot, and Hollywood. | $2 | -21% | $943M | $1B | 1.5x | 3.7x | ||
| Renata PLC is a Bangladesh based pharmaceutical company. It is engaged in the manufacturing, marketing, and distribution of Human Pharmaceuticals, Animal Health Medicines, Nutritionals, and Vaccines. It manufactures various pharmaceutical products including Beconex Zi Syrup, Cabolin Tablet, Flontin Tablet, Ivana Tablet, and others. Some of the animal health products offered by the company are Doxivet Powder, Fevenil Injection, Diadin Bolus, Renamet Tablet, and others. The company operates in Bangladesh and sells its products locally and internationally. | $3 | -15% | $384M | $522M | 1.5x | 10.6x | ||
| Bangladesh Submarine Cables PLC provides high-capacity bandwidth through submarine cable to IGW, IIG, ISP, and other operators across Bangladesh, ensuring customers benefit from telecom and IT-related services. It is the sole provider of submarine cable bandwidth services in the country, manages the country’s submarine cable systems, and also acts as an IIG service provider. The company provides bandwidth and IPLC services (E-1, STM-1, STM-4, STM-16, STM-64/10GE, and 100GE) to IIG and IGW operators, IP transit to IIGs and ISPs, IPLC to corporate and other BTRC-permitted customers, co-location services at its data center and landing stations, and National Internet Exchange (NIX) service. | $1 | +24% | $220M | $198M | 6.0x | 7.8x | ||
| Reckitt Benckiser (Bangladesh) PLC is engaged in the manufacturing and marketing of household, toiletries, and pharmaceutical products. It provides products related to surface care, fabric care, dishwashing, home care, health, personal care, and food. It operates through the segments Hygiene, Health, and Nutrition, where the majority of the revenue comes from the Hygiene segment. Geographically, it operates in UK, U.S. and all other countries. | $28 | -- | $131M | $122M | 2.7x | 11.9x | ||
| Median | $2 | -15% | $663M | $779M | 2.0x | 6.1x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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