Company · Initiation · 29 Oct 2026
BSRM Ltd fair value range Tk 45-140: a billet and rod maker plus a 31% BSRM Steels stake, with the taka as the swing factor
Fair value range Tk 45-140 by sum of the parts; price Tk 95.4 is inside it. FY27F EPS falls to Tk 19.06 from Tk 23.54 as power, the taka and a weaker BSRM Steels bite; the US$ trade loans are the swing factor.
Bangladesh Steel Re-Rolling Mills Ltd (BSRM Ltd, DSE: BSRMLTD) is the parent of the BSRM steel group, Bangladesh's largest maker of MS deformed bar (rebar). It does two things. It melts imported scrap into billet at two plants in Chattogram with 1,300 kt of capacity,…
Fair value ৳45–140 · price ৳95.40 (2026-10-29)