Growing Together

BSRM Steel Company Information

Authorized Capital Paid Up Capital Number of Free Float Number

(mn) 3417.75 Outstanding Shares of Securities
5000 341,775,000 99,559,057

Market Cap (mn) Dividend (2016) EPS (2016) P/E (Un Audited)
31,135.7 20%C 6.72 13.86x

Revenue Growth NPAT Growth (CAGR Production Growth Annualized VS

(CAGR-5 year) 5 year) (CAGR-5 Year) Audited NPAT
0.7% 4.4% 5.7% Growth (2017)
-10.3%
 Revenue Breakdown Income Statement (BDT mn) 2013 2014 20152016 (Jan-Dec) 2017 (A)
Sales 36,294.9 38,571.1 33,493.2 36,862.8 37,248.4
4.9% 1.8% COGS 32,466.6 35,083.1 28,678.3 30,881.1 32,062.6
Gross Profit 3,828.3 3,488.0 4,815.0 5,981.7 5,185.7
Operating Profit 2,860.7 2,548.0 3,683.0 4,771.4 4,025.7
Financial Expense 706.2 720.1 763.2 441.4 534.1
Tax Expense 656.0 493.1 752.1 1,506.8 877.0
Profit After Tax 1,898.9 1,247.6 2,097.3 2,517.9 2,258.4
Number of Share Outstanding 341.8 341.8 341.8 341.8 341.8
EPS (Re-stated) 5.56 3.65 6.14 7.37 6.61
93.2% Dividend

Xtreme 500W Grade 420 D Bar Others

Balance Sheet (BDT mn) 2013 2014 20152016 (Jan-Dec) 2017 (Q3)
Property Plant and Equipment 9,361.8 9,478.0 9,921.7 9,856.1 10,246.8
Non-Current Asset 10,615.5 10,518.1 11,556.9 11,443.3 11,684.5
Inventories 7,883.4 13,627.3 8,773.7 6,855.6 9,476.7
Cash and Cash Equivalent 597.0 573.9 541.1 295.6 344.2
PRINCIPAL HEADS (2016) Total Current Asset 18,065.9 21,863.4 16,927.7 21,087.3 24,420.8
Total Asset 28,681.4 32,381.5 28,484.5 32,530.5 36,105.2
Share capital 3,417.8 3,417.8 3,417.8 3,417.8 3,417.8
Tax Expense -1,507
Total equity 8,027.7 8,768.9 10,369.8 10,601.8 11,615.8
Selling and distribution costs -900 Long Term Loan 711.8 614.6 659.4 1,613.2 1,243.9
Finance costs -480
Short Term Loan 17,287.2 20,676.0 14,708.2 16,264.7 18,823.9
Total current liabilities 19,133.6 22,055.8 16,149.1 18,991.1 21,879.3
Administrative costs -334 Total interest bearing Debt 17,999.0 21,290.6 15,367.6 17,878.0 20,789.9
Loss From Associate -89 Total Equity and Liabilities 28,681.4 32,381.5 28,484.5 32,530.5 36,105.2
Net Profit 2,518 Ratios & Indicators 2013 2014 20152016 (Jan-Dec) 2017
Gross profit
Gross Profit Margin 10.5% 9.0% 14.4% 16.2% 13.9%
5,982
Operating Profit Margin 7.9% 6.6% 11.0% 12.9% 10.8%
(2,000) - 2,000 4,000 6,000 8,000 Net Profit Margin 5.2% 3.2% 6.3% 6.8% 6.1%
MILLIONS Return On Asset 6.6% 4.1% 6.9% 8.3% 6.3%
Return On Equity 23.7% 14.2% 20.2% 23.7% 19.4%
Asset Turnover 1.27 1.19 1.18 1.13 1.03
Inventory Turnover 4.12 3.26 2.56 3.95 3.38
Debt to Asset 0.63 0.66 0.54 0.55 0.58
TIE Ratio 4.05 3.54 4.83 10.81 7.54
NAVPS 23.49 25.66 30.34 31.02 33.99
Associate Performance- BSRM Steel Mills Ltd
Commercial Associate Capacity Annual Revenue N.P Total Asset Accumulated Total
Operation date Holding (BDT MN) Margin (BDT mn) loss (BDT mn) Liabilities
(BDT mn)

June 6 2016. 25.35% 8,62,000 MT 7,301 -2% 23,167 119.89 17,050

BSRM Steel Mills Ltd 2013 2014 2015 2016

Profit/Loss for the period (9,771,817) (14,702,060) (24,446,370) (73,190,855)

Profit/loss for BSRM Steels (1,543,996) (3,199,602) (3,878,425) (18,555,854)