Financial Performance Analysis of BRAC Net Limited

Abstract

The report tries to analyze the financial performance of BRACNet Limited. It is a private organization in Bangladesh a Joint venture company with US investors Net/DEFTA Partners since 2005. BRACNet is premier information and communication technology (ICT) solution provider and Internet Service provider(ISP). Basically this report focused on last five years’ financial data. Therefore, ratios such as capital adequacy, leverage ratio, percentage of classified loans, net profit margin, earning per share, return on equity etc. are used to determine its performance. Having analysis results, BRACNet has been showing that its ROE has decreased. But on the other side its ROA increased in each year. That’s why it is capable to use its assets as desire. But BRACNet is using own fund for making new policies which reduce the cost of total assets. It increases the operating expenses. But cash ratio is now in good position comparing the peer company of it. Now a day whole economic sector in Bangladesh going through an insufficient fund. For this BRACNet also having some problem to face. And It is trying to overcome these situations by taking new initiatives. It’s my belief that BRANet will keep a crucial role in developing Bangladesh economy to build up in Digital Bangladesh project in near future as like before.