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Runner Automobiles Plc (Bangladesh)

Main Activities: Motorcycle, Bicycle, and Parts Manufacturing
Full name: Runner Automobiles Plc Profile Updated: August 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Runner Automobiles Plc is a prominent business conglomerate located in Dhaka, Bangladesh. It was established in the year 2000 with the flagship company Runner Automobiles Limited (RAL). Runner Motors Limited (RML), a major concern of Runner Group, was formally commissioned on October 12, 2004, in Dhaka. RML is the Exclusive Distributor of Eicher brand trucks and pickups in Bangladesh, as per an agreement with Eicher Motors Ltd. of India signed in 2004. RML has a well-organized dealer network and comprehensive service support across the country. It currently holds a 20% market share in the overall commercial vehicle industry and a 35% market share in the Light and Medium (LMD) segment in Bangladesh. Since its inception, RML has received the No. 1 Overseas Distributor award from VECV for eleven consecutive years. Runner Group has expanded its business ventures in various fields such as automotive, oil and gas, lubricant and energy, real estate, land development, green technology generated bricks manufacturing, leather, and footwear. The company's vision is to establish Runner as a trusted brand by satisfying customers' needs and offering desired products and services at an affordable price. Their mission is to establish their brand image by meeting customer requirements through environmentally friendly technology and ensuring a return on investment for stakeholders. They aim to achieve their vision through effective and efficient human resources, lean manufacturing processes, and exceeding customer perceived value. The core values of Runner Group include respecting customers' feelings, uniting as a team and celebrating success, avoiding wastage, never being complacent, enjoying responsibility, and recognizing social and environmental awareness.

Headquarters
138/1 Tejgaon Industrial Area
Dhaka; Dhaka; Postal Code: 1208

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Website: http://www.runnerbd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2000
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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50.04%
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27.45%
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22.44%
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0.06%
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0.01%
Subsidiaries
Freedom Motors Ltd. (Fml)
Runner Motors Ltd. (Rml)
Company Performance
Financial values in the chart are available after Runner Automobiles Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net sales revenue
7.43%
Total operating revenue
7.43%
Operating profit (EBIT)
30.55%
EBITDA
24.23%
Net Profit (Loss) for the Period
10.03%
Total assets
-5.29%
Total equity
-3.73%
Operating Profit Margin (ROS)
2.56%
Net Profit Margin
1.59%
Return on Equity (ROE)
0.13%
Debt to Equity Ratio
-12.04%
Quick Ratio
0.21%
Cash Ratio
0.03%

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