BSRM Limited to Distribute Tk 149 Crore Dividend; BSRM Steels to Pay Tk 188 Crore

Two listed companies of the BSRM Group, Bangladesh Steel Re-Rolling Mills (BSRM) Limited and BSRM Steels Limited, have announced significant cash dividends for their investors for the 2024–25 fiscal year, following approval of their audited financial statements by their respective Boards of Directors.

The announcement was made on Sunday, 19 October, through a disclosure on the Dhaka Stock Exchange (DSE), summarising the audited financial reports for the year. Both companies held their board meetings on Friday, 18 October, where the financial results and dividend proposals were approved.

Financial Summary and Dividend Declaration

During the 2024–25 fiscal year, BSRM Limited achieved a net profit after tax of Tk 614.19 crore, an increase of Tk 181.85 crore (42%) from the previous fiscal year.
The company’s earnings per share (EPS) rose to Tk 20.57, compared to Tk 14.48 in 2023–24.

The Board has recommended a 50% cash dividend, equivalent to Tk 5 per share, totalling Tk 149.29 crore to be distributed among shareholders. This represents 24.30% of the company’s profit for the year, while the remaining 75.70% will be transferred to the retained earnings reserve.

In the previous fiscal year, the company had declared a 35% cash dividend, amounting to Tk 104.50 crore.

Meanwhile, BSRM Steels Limited posted a net profit after tax of Tk 517.69 crore in FY 2024–25, compared to Tk 379.66 crore in the previous fiscal year — a growth of Tk 138.03 crore or 36.36%.
The company’s EPS stood at Tk 13.77, up from Tk 10.10 a year earlier.

Like its parent company, BSRM Steels has also declared a 50% cash dividend, equivalent to Tk 5 per share, resulting in a total payout of Tk 187.98 crore. This accounts for 36.33% of the total profit for the year, with the remaining 63.67% to be added to the company’s retained earnings fund.

In FY 2023–24, the company had paid a 32% cash dividend, totalling Tk 120.30 crore.

The consistent profit growth and generous dividend policies of both companies reflect strong operational performance and financial stability across the BSRM Group.
Both firms remain major players in Bangladesh’s steel industry, with their shares actively traded on the Dhaka Stock Exchange (DSE).