Message from the Chairman

As they often say, its not the destination but the journey that one shall you, I must say that it has been wonderful journey so far. I would like to think all the three million brothers and sisters that have sacrificed their lives for the country that we have today. They have given us not just a country but an identity as Bangladeshi. I would also thank my family for the support they have given in my journey and most importantly, I thank my parents, Md. Amirul Islam and Begum Rabeya Khatoon, for bring me to this world, I think Allah, for giving me the strength and courage to grow this company from mere USD 100,000 revenue to USD 240 million revenue company that it is today.

We at Alif Group, believe in hard work and passion, and our growth story has been example and witness to our core believes. My country have rewarded my company as being th highest exporter in the RMG category many times since 1996 and also have given me the status of a Commercially Important Person (C.I.P) since last 26 years continuously for our export performance. Ever since our inception into RMG in 1984, our goal was to grow with this sector via different product category and from woven tops to bottoms and now to knits. To face the challenge of the 21st century in 2008, we took up a vision to integrated our RMG sector with backward linkage support and today, we are fully vertically integrated in the knits sector all the way from manufacturing yarns to the end garment. By 2016 we plan to establish our own denim fabric manufacturing plant and by 2020 we want to establish our own woven fabric mill. Thus with this we can full fill our motto as we say it, “From Fiber to Fashion”.

Lastly I would like to thank all the 10,000 people that have been a part of our family and growing, for their continuous support and hard work. I would also like to earnestly request them that we shall keep working hard and move forward and make this million of 169 Million period where we send the label all over the world.. “Made in Bangladesh.”

Key Persons

Priyantha Samarasinghe

General Manager, Production, (Garment Sector)

Mr. Niaz Morshed

Chief Operating Officer
Textile Industry


Mohammad Hanif

Chief Financial Officer
Alif Group


GM Russel

Group Secretary
Alif Group


Md. Rafiqul Islam

Manager, Compliance & HR

Md. Shafiqul Islam

Manager, Commercial Division

Md. Kohinoor Isla

Manager, Administration

Lalith Peramuna

Head of Sourcing
Dhaka & UK Director ADS

M. Pradeep Saman Kumar

General Manager, Knit Sector

Dinesh Kumar
Alif Group

Head of Merchandiser

Tanim Noman Sattar

CEO
Alif Asset Management Ltd.

Bijoy Chandra Sarkar

Chief Accountants
Alif Group

How Alif Group Evolve to Create Value in last 47 years

Oil Trading and Distribution

Construction:
Building Roads and high way

Ready made Garments and Textile

Real Estate:
Alif Real Estate- Home and Office Building

Ready Made Garments: Woven Bottom

Education:
Eastern Univeristy & Australian Int.

Alif Design & Source

Knitting & Dyeing

Investment Banking: Asset. Mgt & Merchant Banking

Knit Fabric Composite

Sports:
Cricket team Of B’desh League

Large Scale Textile:
Top Listed Textile mill.

Islamic Finance

Composite Knit Factory

Denim Mills (Proposed)

Our Concern Area

Textiles

Garments

  • Alif Garments Ltd.
  • Alif Textiles Ltd.
  • Alif Outwears Ltd.
  • Hexa Garments Ltd.
  • Alif Design & Source Ltd.
  • Alif Embroidery Ltd.
  • Alif Casual Wear Ltd.
  • Alif Apparels Ltd.
  • Shadhin Garments (Pvt.) Ltd.
  • Shadhin Knitwear Ltd.
  • Alif Knit Ltd.

Finacial Services

  • Bengal Investment Ltd.
  • Alif Asset Management Ltd.
  • Alif Equities

Real Estate Services

  • Alif Real Estate Ltd.
  • Alif Bengal Holdings

Sports & Media

  • Alif Sports Holding Ltd.
  • Gaan Bangla Television (GB TV)

Education & Social Services

  • Eastern University
  • Australian International School
  • Amirul Islam Girls High School & College

Textile and Spinning

Business Segment
:
Spinning
Business Segment
:
Dyeing & Knitting
Product
:
16/s to 40/s count carbed yarn

Product

:
Fabric Dyeing and manufacturing of knit Fabrics
Factories
:
1. CMC Kamal Textile Mills Limited
2. Alif Unitex Limited

Factories

:
1. Alif Industries Ltd.
2. LK Knitwear Ltd.
3. Shadhin Dyeing (Pvt.) Ltd.
4. Shadhin Knitting & Textile Industries Ltd.
Machine Capacity
:
58,000 Spindles + 2 open End Spinning Frames @192 Spindles each
Capacity
Production Capacity
:
30 ton/day
Dyeing
:
43 ton/day
Present Capacity Utilization
:
84%
:
Knitting
:
35 ton/day
Knit Garment
:
120 Lines
Capacity Utilizing
Dyeing
:
80%
Knitting
:
80%


Name of the Companies
(In mn BDT)
(In mn USD)
TEXTILE
(In mn BDT)
(In mn USD)
CMC Kamal Textile Mills Ltd.
1204.6
15.4

Revenue

5,100
65.4
Alif Unitex Ltd.
1,112.0
14.3

Net Fixed Asset

9,254
118.6
Alif Industries Ltd.
244.8
3.1
Total Asset
9,989
128,1
LK Knitwear Ltd.
599.2
7.7
Debt
1,040
13.3
Shadhin Dyeing (Pvt.) Ltd.
:900.0
11.5
:
NAV
8,650
110.9
Shadhin Knitting & Textile Industries Ltd.
1,039.0
13.3
     
Total Textile Sector Revenue
5,099.5
65.4
 

Garment Sector

Alif Group has been involved in Garment business from over three decade. From a small start with Alif Garments Limited, at present the group has eight garments factory in its portfolio. These companies are involved in various Kind of woven tops and bottoms. These garments factories are the heart of Alif Group to earn foreign exchange. Like other Garments factories, these factories are highly labor intensive. Over 8,000 skilled, dedicated employees are our core resources who are continuously are our core resources who are continuously adding value to our products and hence the group. At present, revenue from the garments segment contributes approximately 55% of total revenue and 100% of total export revenue. As a part of expansion plan, the group has recently acquired “Shadhin Garments (Pvt.) Ltd. That has 100 line of garmenting facilities.

Name Product & Services   Our Capacity
Alif Garments Ltd. Woven Tops   No. of Workers 8,300
Alif Textiles Ltd. Woven Tops   Capacity
Alif Outwears Ltd. Woven Bottom   Woven Tops : 1.4 million pcs per month
Hexa Garments Ltd. Woven Tops   Woven Bottom : 1 mn pcs per month
Alif Design & Source Ltd. Sourcing & Buying Agent   Woven Knit : 2 mn pcs per month
Alif Embroidery Ltd. Woven   Woven Garments : 120 line
Alif Apparels Ltd. Woven Bottom      
Alif Casual Wear Ltd. Woven Bottom      
Alif Industries. Woven Knit      
Shadhin Garments Ltd. Woven Knit      
Shadhin Knitwear Ltd. Woven Knit      
Alif Knit Ltd. Woven Knit      

Garment Sector Revenue

 

Financial Highlights

Garment (In mn BDT) (In mn USD)   Garments (In mn BDT) (In mn USD)
Alif Garments Ltd. 698.3 9.0   Revenue 12,221 169.5
Alif Textiles Ltd. 292.2 3.7   Net Fixed Asset 1,391 17.8
Alif Outwears Ltd. 579.9 7.4   Total Asset 2,259 29.0
Hexa Garments Ltd. 390.0 5.0   Debt 628 8.1
Alif Embroidery Ltd. 156.0 2.0   NAV 1,616 20.7
Alif Apparels Ltd. 274.3 3.5        
Alif Casual Wear Ltd. 1,950.0 25.0        
Alif Industries. 1,544.4 19.8        
Shadhin Garments Ltd. 2,934.0 37.6        
Alif Knit Ltd. 1,834.0 23.5        
Shadhin Knitwear Ltd. 2,567.6 32.9        

Financial Services

 

Bengal Investments Limited

Bengal Investments Limited is a full-fledged merchant bank under the license of Bangladesh Securities & Exchange Commission (BSEC) providing a diversified range of investment and financial services across the country. It is an associate of Alif Group providing high quality and creative Merchant Banking Services through innovative products and professionalism. The company is committed toward people for offering innovative investment opportunities to develop our capital market. The service areas of this company includes.

  • Portfolio management
  • Issue Management
  • Underwriting
  • Corporate Advisory

 

ALIF Assets Management Limited

ALIF Assets Management Ltd. Is a capital market institution dedicated in providing Mutual Fund products and services across the country licensed under the Registration Number 2009/Asset Management/29-16, awarded by Bangladesh Securities and Exchange Commission (BSEC).
Alif Assets Management team has more than 100 years of combined financial advisory, research and wealth management experience gained from working with leading financial and research institutions.
At present the company is managing two open ended mutual fund.

Our Other Concerns

 

Gaan Bangla Television

Gaan Bangla Television is the first HD music & fashion channel in Bangladesh. The Channel official test transmission began on 14th October 2013 fro apstar 7 satellite. GaanBangla TV features top quality production with focus on Bangla music programs and Bengali culture in UK, USA and Canada, some parts of Europe, Middle East and beyond. GB aims to fulfill the customers expectation through its very teach contents, and expects to start a new era in Bangladesh cable entertainment.

 

Barisal Burners

Barisal Burners is a franchise cricket team that plays in the Bangladesh premier League (BPL). The team is owned by Alif Group under Alif Sports Holdings Limited. Barisal Burners is the Runner up of the last BPL Tournament.

 

Eastern University

Eastern University was established in 2003 under the Private University Act 1992. It is approved by the Ministry o Education, Government of Bangladesh and by the University Grants Commission (UGC). The University was set up by Eastern University Foundation a non-profit, non political, philanthropic organization. At present, the foundation has 30 members of which Alif Group is one of them.

 

Alif Real Estate Limited

Alif Real Estate Limited incorporate in 1999 as a private limited company, it involves in construction of commercial and residential buildings.

Consolidated Group Financial Position

  • Only Textile and Garment sectors are inclusive as part of consolidated group financial accounts
  • Recently acquired three companies worth of USD74 mn is also included in group financial accounts
  • Group’s other business and concern areas like financial sector, media sector etc. are NOT included in this group financial highlights

TEXTILE
(In mn BDT)
(In mn USD)
Revenue
5,100
65.4
Net Fixed Asset
9,254
118.6
Total Asset
9,989
128.1
Debt
1,040
13.3
NAV
8,650
110.9

GARMENTS
(In mn BDT)
(In mn USD)
Revenue
13,221
169.5
Net Fixed Asset
1,391
17.8
Total Asset
2,259
29.0
Debt
628
8.1
NAV
1,616
20.7

ALIF GROUP
(In mn BDT)
(In mn USD)
Revenue
18,555
237.9
Net Fixed Asset
10,645
136.5
Total Asset
12,248
157.0
Debt
1,669
21.4
NAV
10,266
131.6


 
Revenue by Products
(In mn BDT)
(In mn USD)
YARN
2,316.6
29.7
DYEING
1,328.4
17.0
KNITTING
1,454.5
18.6
KNIT GARMENTS
8,880.0
113.9
WOVEN TOP
1,380.6
17.7
WOVEN BOTTOM
2,804.2
36.0
OTHERS
390.0
5.0
TOTAL
18,554.6
237.9

Revenue by Business Segment
(In mn BDT)
(In mn USD)
TEXTILE
5,099.5
65.4
GARMENT
13,221.1
169.5
OTHER
234.0
3.0
 
TOTAL
18,554.6
237.9


Consolidated Asset & Revenue

ASSET
(In mn BDT)
(In mn USD)
Net Fixed Asset
Total Asset
Debt
NAV
Net Fixed Asset
Total Asset
Debt
NAV
TEXTILES
CMC Kamal Textile Mills Ltd.
1,603
1,839
140
1,633
21
24
2
21
Alif Unitex Ltd.
2,284
2,293
-
2,148
29
29
-
28
Alif Industries Ltd.
40
199
164
16
1
3
2
0
LK Knitwear Ltd.
434
636
13
554
6
8
0
7
Shadhin Dyeing (Pvt.) Ltd.
4,386
4,506
683
3,823
56
58
9
49
Shadhin Knitting & Textile Industries Ltd.
509
526
40
475
7
7
1
6
SUBTOTAL
9,255
9,989
1,040
8,650
119
128
13
111
GARMENTS
Alif Garments Ltd.
525
591
-
579
7
8
-
7
Alif Textiles Ltd.
2
67
-
66
0
1
-
1
Alif Outwears Ltd.
2
86
-
85
0
1
-
1
Shadhin Garments (Pvt.) Ltd.
861
1464
628
836
11
19
8
11
Alif Apparels
1
51
-
50
0
1
-
1
SUBTOTAL
1,391
2,259
628
1,616
18
29
8
21
GRAND TOTAL
10,645
12,248
1,669
10,266
136
157
21
132

EXPORT DESTINATIONS

Country In mn USD) %
USA 50.9 30%
UK 22.0 13%
Canada 17.0 10%
Spain 20.3 12%
Germany 15.3 9%
France 8.5 5%
Brazil 8.5 5%
Australia 8.5 5%
Others 18.6 11%

EXPORT HIGHLIGHTS

We treat our customers as our integrated business partner and we do believe that our success depends on our partners success

  • Comprises of 12 companies
  • Export to more than 15 different countries
  • All companies are privately held
  • In June 2014, total export stands at USD 169.5 mn

Environmental Sustainability

Our companies places a high priority improving the safety of its products and services as well as customer satisfaction. We are promoting sustainable manufacturing that takes full account of labor customs in the supply chain and the environment in its global standard setup for production.
We are pursuing as group-wise implementation of monitoring surveys to overseas manufacturing factories to continue and promote socially and environmentally friendly business.

Features of our Environmental Friendly Plant & Machinery includes

  • We make sure that carbon emission from our manufacturing factories are minimum
  • Our dyeing machines have individual heat recovery unit that result in lower power consumption and energy savings by 14%
  • Water consumption savings of 20% have been observed from our machineries
  • Reduction in consumption of dyes, chemical and steam as a result of less water consumption

Environment

  • We have a fully biological ETP (Effluent Treatment Plant) with a capacity of 2500 cubic meters.
  • A three member team of experts have formed at the Textile & Dyeing factories of Alif Group for optimizing energy usage.
  • We make sure that carbon emission from our manufacturing factories are minimum
  • Our factories are equipped with ETP (Environment Treatment Plant) that helps to become eco-friendly
  • Our slogan is to “Go Green” maintain the environment sustainability and ecological balance
  • We keep 25% of our land green. We plant different trees on these areas to make to more environment friendly
  • Approximately 10% of our land area comprises of natural water reservoir

Get in Touch

Head Office:
21/22, Babar Road, Block-B, Mohammadpur,
Dhaka-1207, Bangladesh.

Tel : +88 029110065, +88 029128724
Fax: 8143423

Corporate office:
Bilquis Tower (9th Floor), House # 06
Road # 46, Gulshan # 02
Dhaka-1212, Bangladesh

Tel: +88 02 9857660
Fax: 58815228