Far East Knitting & Dyeing

What Far East Knitting & Dyeing does

Far East Knitting & Dyeing Industries is a Bangladesh-based, publicly listed manufacturer of knit garments for men and women, founded in 1994 and headquartered in Dhaka. The company operates at meaningful industrial scale, employing between 5,001 and 10,000 workers, and trades on the Dhaka Stock Exchange under the ticker FEKDIL. Its core activity is the production of knit apparel — yarn processing, dyeing, and garment assembly — for what is almost certainly an export-oriented customer base, consistent with the broader Bangladesh ready-made garment (RMG) sector.

The company's financial profile reflects a low-margin, high-volume manufacturing model. Reported 2025 revenue of approximately BDT 88.84 trillion (~$800M USD) grew ~51% over four years, while EBITDA margins remained in a 5.6-6.4% band and net margins held around 3.4%. Operating income expanded from BDT 2.32 trillion in 2021 to BDT 3.72 trillion in 2025, and net income roughly increased from BDT 1.91 trillion to BDT 3.05 trillion over the same period. Enterprise value stood at approximately BDT 27.3 trillion (~$248M USD) at the 2025 reporting date, implying a ~0.3x EV/Sales multiple typical of capital-intensive apparel manufacturing.

Beyond the firm's own first-party channels (the fareastknit.com website currently displays only a verification/loading page, limiting direct disclosure), the company secured approximately $19.05 million in debt financing in June 2026 from a syndicate of three local banks — Dhaka Bank Limited, Eastern Bank, and The City Bank. The data set contains no information on named customers, geographic revenue mix, certifications, partnerships, leadership, or product launches, which constrains any deeper commercial or technical due diligence from publicly available inputs.

Name

Far East Knitting & Dyeing

Website

https://fareastknit.com

Company type

Private

Founded year

1994

Headcount range

5,001–10,000 employees

Short description

Far East Knitting & Dyeing Industries is a Bangladesh-based, publicly listed manufacturer of knit garments for men and women, founded in 1994 and headquartered in Dhaka, with 5,001-10,000 employees serving global apparel export markets.

Ownership category

akta.pro rank

Product category

Knit Apparel Manufacturing

NAICS

Apparel Knitting Mills (31512)

SIC

Knit Outerwear Mills (2253)

akta.pro primary industry

Knitwear & Sweaters Manufacturers (CRAAAAAJ)

akta.pro secondary industries

Knitted Fabric Mills (IMAOABAB), Dyeing Operations (Piece/Yarn/Fiber/Garment) (IMAOACAB)

Keywords

• Knit garment manufacturing
• Ready-made garments
• Textile dyeing services
• Knitwear production
• Apparel manufacturing

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Core offering

Far East Knitting & Dyeing is a Bangladesh-based manufacturer of knit garments for men and women. The company operates large-scale knitting and dyeing operations, producing ready-made knit apparel intended for sale through apparel brands and retailers.

Differentiator

Problem solved

Functional benefit

Products and services

• Men's Knit Garments

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Square Textiles: Bangladesh public-listed textile manufacturer with spinning, knitting, and dyeing capabilities; comparable knitting and yarn-forward vertical chain and DSE-listed status.
• Beximco Limited: Largest Bangladesh-listed conglomerate with major textile and apparel manufacturing operations including knitwear; broader portfolio across textiles, IT, and real estate provides scale advantages but overlaps directly in knitwear OEM.
• Eclat Textile Co. Ltd. Taiwan-listed global knitwear OEM serving major U.S. and European apparel brands; broader and more diversified buyer base but directly competes for knitwear sourcing programs that could flow to Bangladesh suppliers like Far East.
• Makalot Industrial Co. Ltd. Taiwan-based global apparel OEM with extensive knitwear manufacturing across Asia; comparable OEM contract model serving international apparel brands and competes for shared knitwear programs.

Direct peers

• DBL Group: Large Bangladesh-based vertically integrated knitwear and woven garment manufacturer with comparable scale, in-house knitting/dyeing capabilities, and a similar mix of men's and women's knit export programs serving global apparel brands.
• Epyllion Group: Bangladesh knitwear manufacturer with integrated knitting, dyeing, and garmenting operations exporting to global apparel buyers — closely overlapping with Far East's value chain, scale, and customer mix.
• Viyellatex Group: Bangladesh knitwear and sweater manufacturer with vertically integrated knitting-to-garment operations serving global buyers; similar product mix (knit tops, sweaters, basic knitwear) and comparable mid-to-large scale.
• Palmal Knitting & Dyeing: Bangladesh-based knitwear manufacturer with in-house knitting and dyeing capacity producing men's and women's knit garments for international apparel brands — directly comparable vertical integration and product mix.

Regional players

• Ha-Meem Group: One of Bangladesh's largest garment manufacturers with significant knit and woven capacity serving global apparel buyers; comparable scale and buyer overlap but broader woven product mix.
• NR Group (NR Spinning / NR Garments): Bangladesh-based vertically integrated yarn-to-garment manufacturer with knitting capacity — comparable in regional knitwear value chain positioning but serving buyers primarily out of Bangladesh.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors3 records

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 Far East Knitting & Dyeing