Olympic Industries

What Olympic Industries does

Olympic Industries PLC. is Bangladesh's largest biscuit and confectionery manufacturer, founded in 1979 (originally as Bengal Carbide Limited, pivoting to food under its current name in 1996) and listed on the Dhaka and Chittagong Stock Exchanges under ticker OLYMPIC. The company manufactures and markets an 85+ SKU portfolio spanning biscuits (flagship Energy Plus, Nutty, Tip, Hello, Bourbon, Oreno), cookies, cakes, wafers, toast/rusk, candy and chocolates (Pulse, Chokito, Magic Candy), instant noodles (Foodie), powder drinks, snacks, and a legacy battery line (Olympic Metallic, Gold, Volt, Laser, Olympic Remote). Production runs across three modern factories in Narayanganj, Madanpur, and Kutubpur, with 11 biscuit lines, 5 confectionery lines, 2 bakery lines, 2 noodles lines, and 2 snacks lines. The firm was the first biscuit manufacturer in Bangladesh to obtain ISO 22000 certification (2014), is Halal-certified, and is audited annually by SGS, with SAP ERP deployed for operations.

The company monetizes entirely through unit sales of finished FMCG goods (no subscription, licensing, or platform model), reaching consumers via a 3,300+ direct sales force that covers all 64 districts of Bangladesh and 1 million+ retail outlets, complemented by modern trade partnerships with Shwapno, Unimart, Agora, Prince Bazar, and Meena Bazar (600+ outlets) and traditional wholesale distributors. A parallel export business ships to 35+ countries with multilingual packaging and flexible customization. Olympic is led by Chairman Aziz Mohammad Bhai (appointed July 2023 after the 2018 passing of founder Mohammad Bhai) and Managing Director Nurjehan Hudda, with a 9-member board including 2 independent directors. Marketing spans television advertising, recipe and corporate blogs, brand partnerships (Family Feud Bangladesh, Shark Tank Bangladesh), and annual presence at the Dhaka International Trade Fair, while the ESG agenda is anchored by worker health, nutrition, and SDG-aligned partnerships with UNDP-UNV, CWCH, Maya Apa, Fulki, and Change Associates.

Name

Olympic Industries

Legal name

Olympic Industries PLC.

Website

https://olympicbd.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Olympic Industries PLC. is Bangladesh's largest biscuit and confectionery manufacturer, producing 85+ FMCG SKUs across three factories and distributing via a 3,300+ sales force covering all 64 districts and 35+ export markets.

Ownership category

akta.pro rank

Product category

Packaged Food & Confectionery Manufacturing

NAICS

Confectionery Manufacturing from Purchased Chocolate (311352), Nonchocolate Confectionery Manufacturing (311340), Food Manufacturing (311)

SIC

Sugar & Confectionery Products (2060), Bakery Products (2050), Food And Kindred Products (2000)

akta.pro primary industry

Confectionery Manufacturing (Chocolate, Candy, Gum) (AFAKAAAD)

akta.pro secondary industry

Chocolate & Candy Snacks Manufacturing (AFAKAIAM)

Keywords

• Biscuit manufacturing
• Confectionery production
• Instant noodles
• FMCG distribution
• Battery manufacturing

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices5 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Biscuit Manufacturing and Sales: Olympic Industries is the largest biscuit manufacturer in Bangladesh, producing a diverse range of biscuits including Energy Plus, Nutty, Tip, Hello, and over 40+ other biscuit brands. Revenue generated through domestic distribution and export sales.
2. Confectionery Manufacturing and Sales: Leading candy manufacturer in Bangladesh offering wide variety of candies under multiple brands including Pulse, Chokito, Magic Candy, Eclairs. Dominates the candy market as the largest manufacturer in the country.
3. Snacks and Noodles: Production and sale of chips, snacks, instant noodles (Foodie brand), and powder drinks.
4. Battery Manufacturing: Original business segment producing batteries under Olympic Metallic, Gold, Volt, Laser, and Olympic Remote brands. Started battery production in 1982.
5. International Export: Export of 85+ high-quality products to 35+ countries globally, including biscuits, baked treats, noodles, and snacks.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Olympic Industries is Bangladesh's largest manufacturer, distributor and marketer of fast-moving consumer goods, producing biscuits, cookies, cakes, wafers, confectionery, instant noodles, snacks and powder drinks, along with a legacy battery business. Products are sold domestically across all 64 districts and exported to 35+ countries.

Product overview

Olympic Industries PLC is Bangladesh's largest biscuit and confectionery manufacturer, offering a diversified portfolio of consumer food products. The product portfolio centers on biscuits (with over 40+ brands including Energy Plus, Nutty, Bourbon, and Oreno), cookies (Biscotti, Sweet Fantasy), cakes (Soft Cake, Cup Cakes), wafers (Knock, Wayfun), toast and rusks, confectionery/candy (Pulse, Chokito), instant noodles (Foodie brand), and powder drinks. The company also maintains a legacy battery manufacturing operation. Products are distributed across domestic markets in Bangladesh and exported to 35+ countries worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Energy Plus: Widely known Bangladeshi biscuit brand, made with liquid glucose, milk and nutrients
• Knock
• Pulse
• Foodie
• Biscotti
• Nutty
• Foodie Ramen
• Chokito
• Coffeeto
• Magic Candy
• Eclairs
• Olympic Metallic
• Olympic Remote
• Energy C
• Sipo
• Tip
• Hello
• First Choice
• Lexus
• Nice
• Bourbon
• Milk Marie
• Digestive
• Sugar Free
• Marie Gold
• Oreno
• Butter Bite
• Tim Tim
• Ghee Bite
• Coconut Bite
• Choco Marie
• Cream Plus
• Glucose
• Milk Plus
• Coconut Plus
• Potato Plus
• Pineapple Cream
• Lemon Cream
• Orange
• Orange Plus
• Frooty
• G-Plus
• Rexus
• Healthy Bite
• Pizzato
• Saltes
• Kheer Malai
• Queen Marie
• Premium Gluco
• Elachi Plus
• Nut & Cream
• Nimki Bite
• Hilux
• Chocolate Plus
• Chocolate Cream
• Ghee Toast
• Premium Toast
• Dry Cake
• Marble Dry Cake
• Daily Toast
• Daily Cup Cake
• Soft Cake
• Delight Cup Cake
• Wayfun
• Funday
• Olino Wafer
• Sweet Fantasy
• Bisconi Mughal
• Daily Cookies
• Salcotti
• Chanachur
• Fundools
• Tasty Noodles
• Ripe Mango
• Green Mango
• Tetul
• Hajmi
• Toffeeto
• Juicy Litchi
• Delight Candy
• Milk Candy
• Pineapple Candy
• Peanut Candy
• Gold
• Volt
• Laser

Products and services

• Biscuits Comprehensive portfolio of biscuit products including mainstream brands like Energy Plus, Nutty, Tip, Hello and premium offerings such as Bourbon, Choco Marie and Oreno, spanning glucose biscuits, cream biscuits, savory crackers, coconut biscuits, fruit-flavored biscuits, sugar-free options and health-focused variants for everyday consumers.
• Cookies Premium cookie offerings including Biscotti (Italian-style crunchy cookies), Multi Grain cookies, Sweet Fantasy, Bisconi Mughal, Daily Cookies and Salcotti.
• Cakes Fresh and soft cakes including Daily Cup Cake, Soft Cake and Delight Cup Cake varieties.
• Toast and Rusk Baked bread products including Premium Toast, Dry Cake, Daily Dry Cake, Marble Dry Cake, Ghee Toast and Daily Toast.
• Wafers Crispy wafer products including Knock (Milk, Chocolate and Strawberry flavors), Wayfun, Funday and Olino Wafer.
• Candy & Chocolates Confectionery products including candy brands (Pulse with tamarind and fruit flavors, Chokito, Magic Candy, Eclairs, Coffeeto, various fruit candies) and chocolate products.
• Chips & Snacks Snack products including Chanachur and other savory snack items.
• Noodles Instant noodles including Foodie Noodles (Masala and Spicy Chicken flavors, also Ramen variants), Fundools, Foodie Ramen and Tasty Noodles, enriched with Zinc, Iodine, Folic Acid and Vitamin B.
• Powder Drinks Powdered drink mixes including Energy C and Sipo.
• Battery UM-3 and UM-4 batteries under Olympic Metallic, Gold, Volt, Laser and Olympic Remote brands; the company's original product category since 1982.

Quantifiable outcome

• Largest biscuit and candy manufacturer in Bangladesh with significant market share
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• UNDP-UNV Innovation HubcoreStrategic or Co-development PartnerOlympic Industries partnered with UNDP-UNV Innovation Hub engaging Bangladeshi private sector in Sustainable Development Goals. Recognized as company making significant impact toward SDGs and featured on UNDP-UNV Innovation Hub's Responsible Business webpage. Participated in private sector forum organized by UNDP alongside over 200 companies.
• Centre for Woman and Child Health (CWCH)coreStrategic or Co-development PartnerPartnership with CWCH provides workers access to general practitioner and nutritionist at Lolati Health & Nutrition Centre for nominal fee. CWCH has been committed to providing healthcare services to factory workers for over 13 years. Also conducts thorough health screenings including diabetes, anemia, reproductive health, and nutritional status assessments. CWCH runs hospital in Ashulia extending healthcare to wider community.
• Change AssociatescoreImplementation/ SI/ Consulting PartnerPartnered with Change Associates to provide 10 hours of comprehensive SRHR (Sexual and Reproductive Health and Rights) training to Peer Educators covering reproductive health, STIs and HIV/AIDS, gender-based violence and discrimination, and family planning. Also provided 10 hours of nutrition training to Peer Educators who shared knowledge with colleagues.
• FulkiminorStrategic or Co-development PartnerPartnership with Fulki to introduce Integrated Educational-Cultural Program in five schools near factory locations. Initiative empowers students to understand their rights and apply them in real-life situations while engaging local youth as facilitators.
• Maya ApaminorStrategic or Co-development PartnerPartnership with Bangladesh's leading online health platform Maya Apa to provide reliable answers to workers' Sexual and Reproductive Health and Rights questions. Maya Apa team visited factories to promote free online service and offer on-site medical consultations. Installed kiosks in factory medical centres for workers without smartphones.
• University of Liberal Arts BangladeshminorStrategic or Co-development PartnerSupported University of Liberal Arts Bangladesh's Annual Conference on Sustainable Development. Head of Sustainability participated in panel discussion focused on SDG 12: Sustainable Production and Consumption. Company also provided biscuits for all attendees.
• SGScoreOthersSGS conducts annual audits to ensure Olympic Industries meets global quality and food safety standards, reinforcing commitment to quality control and compliance.

Scale indicators10 records

Recent moves15 records

Expansion highlights4 records

Direct peers

• Pran-RFL Group: Pran is one of Bangladesh's largest FMCG manufacturers and a direct competitor to Olympic in biscuits, confectionery, juices, and snacks. Both target the mass-market Bangladeshi household with overlapping distribution networks and product portfolios.
• Square Food & Beverage: Square Food & Beverage is a Bangladeshi manufacturer of biscuits, noodles, and beverages under the Square brand. It competes directly with Olympic in branded biscuits and snacks, with similar modern-trade and traditional-channel distribution strategies.
• ACI Foods: ACI Limited's consumer foods division manufactures biscuits, confectionery, and snacks in Bangladesh. It is a direct competitor in the branded biscuit and candy space and uses comparable distribution models targeting both modern trade and traditional retail.
• Ha Meem Group: Ha-Meem Group is a Bangladeshi conglomerate with a major denim and food division, manufacturing biscuits and confectionery under the Fresh and Frooto brands. A direct Bangladesh-domestic competitor in mass-market biscuits and snacks.

Regional players

• Parle Products: Parle is one of India's largest biscuit manufacturers (Parle-G, Hide & Seek, Monaco) and a regional peer in mass-market and premium biscuits. Comparable scale, pricing dynamics, and route-to-market approach across South Asian markets.
• Britannia Industries: Britannia is India's largest biscuit manufacturer and a regional peer in South Asian biscuits and bakery. Comparable product portfolio, production scale, and distribution depth; serves a different primary geography but increasingly relevant as cross-border FMCG competition intensifies.
• Mayora Indah: Mayora is one of Indonesia's largest biscuit, candy, and noodle manufacturers, exporting widely across ASEAN, Middle East, and Africa. It is a comparable emerging-market FMCG manufacturer with similar value-priced positioning, export reach, and product portfolio.

Broad incumbents

• Mondelez International: Mondelez is the global leader in biscuits and chocolate (Oreo, Cadbury, Toblerone) with growing presence in emerging Asia. A broad incumbent competitor in premium biscuits and chocolate confections relevant to Olympic's premium SKUs.
• ITC Foods: ITC Foods is the FMCG arm of Indian conglomerate ITC, with major presence in biscuits (Sunfeast), confectionery, snacks, and noodles. A broad incumbent offering overlapping categories and competing in similar South Asian markets with deeper marketing budgets.
• Nestlé Bangladesh: Nestlé Bangladesh operates in confectionery, noodles (Maggi), and dairy-adjacent categories. It is a multinational incumbent with a global brand portfolio and superior R&D, competing directly with Olympic in noodles and candy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/olympicbiscuitsbangladesh
• LinkedInlinkedin.com/company/olympicbd

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Olympic Industries