Company · Analysis · 29 Oct 2026
GPH Ispat: a modern melt-and-roll plant at half capacity, with finance cost taking 94% of operating profit
FY2026 revenue fell 30% to Tk 39.4bn as billet output dropped to 498,520 t. Gross margin rose to 17.9%, but Tk 5.5bn of finance cost left Tk 35m of profit. Borrowings are Tk 75.2bn; the rights issue is on hold.
What it is. GPH Ispat Limited melts steel scrap into MS billet and rolls billet into MS rod (rebar) and medium sections at Masjiddah, Kumira, Sitakunda, Chattogram. Its fiscal year ends on 30 June: FY2026 is 1 July 2025 to 30 June 2026, and DSE…