Company Profile

RAK Ceramics (Bangladesh) Limited is the country’s largest and most respected tiles and sanitary ware brand. The Company was incorporated in Bangladesh on 26 November, 1998 as a private limited company under the Companies Act, 1994 as a UAE-Bangladesh joint venture project. It has started its commercial production on 12 November 2000. It has converted into public limited company on 10 June 2008 and listed in the stock exchanges of Bangladesh on 13 June 2010. The Company has anchored this position on the basis of its market-leading capacities, world class manufacturing assets, high production utilization, optimized cost structures, vibrant sales and distribution network and robust customer engagement programs.

The core business of RAK Ceramics (Bangladesh) Limited is to manufacture and sell of ceramics and gres porcellanato (Porcelain/ fully vitrified) tiles, bathroom sets and all types of sanitary ware. The Company has over 2,500 models active in the ceramic and porcelain tile business and regularly adds several new designs to the product portfolio. The Company manufactures tiles in a very wide range of tiles in the sizes from 20 cm X 30 cm up to 60 cm X 60 cm in Bangladesh location. The Company has over 30 models an exclusive range of sanitary ware to offer with a very wide choice. In sanitary ware various models are produced in wash basins (mounted as well as pedestal), water closets, accessories and marble sets. Besides, the product mix is geared to produce mostly value added products. This paired with the other advantages will ensure a shrunken payback cycle. Production is mostly consumed in local

Market.

Our annual production capacities: 11.68 mn sqm of tiles and 1.45 mn pieces of sanitary ware.

Our manufacturing assets: We operate the world class-leading SACMI technology that ensures high-quality, cost-effective output.

Our production capacity utilization: We continue to focus on maximizing capacity utilization. In the year 2016 actual capacity utilization of 68% at our tiles plant and 100% at our sanitary ware facility.

Our cost structures: Our costs are manifested as one of the lowest quartile in the industry by virtue of scale, technological and operational advantages.

Our vibrant sales network: We possess one of the largest and excellent dealers network, operating 4 exclusive showrooms/ display centre throughout the country.

Our consumer engagement programs:

We deliver customized solutions to our customers to their utmost satisfaction even after post sale of products including outright replacement at no extra cost. The current market for the Company includes construction developers, government institutions and local consumers. The Company has a strong market reputation in Bangladesh with a firm network of 92 dealers nationwide and receives strong support

from RAK Ceramics PJSC, UAE in terms of technological knowhow, management and marketing support.

The Company emerged as the first Bangladeshi Company in its industry to be awarded the prestigious ISO 9001: 2008 certification by the UKAS accredited internationally recognized certification agency BVQI in May 2006. As a responsible global leader in the ceramic industry, we are maintaining our commitment to protect and preserve the environment by operating an

 Management System which is certified to ISO 14001:2004 standard. The Company complies with ISO 13006:2012 (E), the latest international standard for ceramic tile; locally known as BDS ISO 13006:2012.

The Company’s sanitary ware complies with the quality criteria of BDS 1162:2012. Both tiles and sanitary products are BSTI-approved. The Company also awarded as ‘Super brand’ in 2010, first time in Bangladesh. The ceramic tiles and sanitary wares are continuously tested in the factory’s own laboratory and following BS EN ISO 10545:2013 and BS EN 997:2012 standards respectively.

The ownership of RAK Ceramics (Bangladesh) Limited comprises with 75.59% held by the sponsors (71.67% by RAK Ceramics PJSC, UAE and 3.92% by local investor Mr. S.A.K. Ekramuzzaman) and remaining 24.41% is holding by general public including institutional investors as on December 31, 2016. With an annual turnover of over BDT 5,661.41 million in 2016, within the short span of 16 years RAK has firmly established itself as one of the leading manufacturer of high quality ceramic wall, floor tiles, gres porcellanato and sanitary wares products in Bangladesh.