BSRM Steels Limited

BSRM Steels Limited

DDSE:BSRMSTEEL
90.30
BDT
+1.30
(+1.46%)
BSRM Steels Limited
DSE:BSRMSTEEL
(Dhaka Stock Exchange)

Recent

price

90.30

P/E

ratio

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div

yld

- -

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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Business
BSRM Steels Limited is a Bangladesh-based steel manufacturing company engaged primarily in the production, fabrication, and marketing of high-grade mild steel (MS) reinforcing bars and structural steel products. As a flagship operating entity of the BSRM Group, the company operates within the steel and construction materials sector, serving domestic infrastructure, commercial, industrial, and residential construction markets, as well as export destinations in South Asia, including Northeast India. The company manufactures and distributes a comprehensive portfolio of construction steel products, comprising high-strength thermo-mechanically treated (TMT) rebars under the BSRM Xtreme 500D and 500W brands; standard deformed bars under the Maxima brand; corrosion-resistant epoxy-coated bars under the Centura brand; structural steel sections, including equal angles, channels, flat bars, and square bars; specialized pre-fabricated reinforcement products, including customized stirrups, cut-and-bend bar systems, couplers, and welded wire mesh; and industrial steel products, including wire rods, galvanized wire, welding electrodes, ACSR core wires, steel casing pipes, and processed slag by-products. Founded in 2002 under the parent BSRM Group whose history dates back to 1952, BSRM Steels Limited is headquartered in Chattogram, Bangladesh, and trades publicly on the Dhaka Stock Exchange and Chittagong Stock Exchange under the ticker symbol BSRMSTEEL. In recent major developments, the company expanded its production footprint through the commissioning of a 600,000-metric-tonne-per-annum automated re-rolling plant in Mirsarai, Chattogram, raising its total annual production capacity to approximately 2.4 million metric tonnes. The facility expansion was backed by long-term financing arrangements with international development and financial institutions, including the Japan International Cooperation Agency (JICA), the Export-Import Bank of India, and Standard Chartered Bank. Additionally, the company completed corporate amalgamation proceedings with billet-manufacturing affiliate BSRM Steel Mills Limited to vertically integrate its raw billet supply and rolling operations, while progressing capital expenditure initiatives into high-tensile wire manufacturing and developing plans for an integrated hot-rolled flat steel manufacturing complex.