Fin 254 Beximco

541. INTRODUCTION

BEXIMCO PHARMACEUTICAL

Beximco Pharma is a leading edge pharmaceutical company based in Dhaka, Bangladesh, and is acclaimed for its outstanding product quality, world-class manufacturing facilities, product development capabilities and outstanding professional services.

It is a public limited company established in the year 1976 engaged in manufacturing and marketing of Pharmaceutical finished formulation products, Large Volume Parental and Active Pharmaceutical Ingredients (APIs). It has overseas office in UK, USA, Pakistan, Myanmar, Singapore, Kenya, Yemen, Nepal, Vietnam, Cambodia, and Srilanka.

It is listed in the Dhaka Stock Exchange, Chittagong Stock Exchange and London Stock Exchange with an Authorized capital of Tk. 2000 million, and Paid-up capital of Tk. 959.22 million with over 50000 shareholders.

MISSION

The company strives for the welfare of the shareholders. Each of the activities of the company must benefit and add value to the common wealth of their society. They firmly believe that, in the final analysis they are accountable to each of the constituents with whom they interact, namely: their employees, their customers, their business associates, their fellow citizens and their shareholders. We have chosen Beximco Pharmaceuticals for our financial analysis.

2. RATIO ANALYSIS

An analysis of the firm’s ratios generally is the first step in a financial analysis. Ratio analysis is the calculation and comparison of ratios which are derived from the information in a company's financial statements. The level and historical trends of these ratios can be used to make inferences about a company's financial condition, its operations and attractiveness as an investment. To evaluate a firm’s financial condition and performance, the financial analyst usually performs analysis on various aspects to find out the financial health of the firm. In this study we have done various ratio analyses to understand the financial condition of the...