Aging and deterioration of existing steel structures necessitate the development of simple and efficient rehabilitation techniques. The current study investigates a methodology to enhance the flexural capacity of steel beams by bonding Glass Fibre Reinforced Plastic (GFRP) sheets to their flanges. A heavy duty adhesive, tested in a previous study is used to bond the steel and the GFRP sheet. In addition to its ease of application, the GFRP sheet provides a protective layer that prevents future corrosion of the steel section. The study reports the results of bending tests conducted on a W-shaped steel beam before and after rehabilitation using GFRP sheets. Enhancement in the moment capacity of the beam due to bonding GFRP sheet is determined from the test results. A closed form analytical model that can predict the yield moment as well as the stresses induced in the adhesive and the GFRP sheets of rehabilitated steel beam is developed. A detailed finite element analysis for the tested specimens is also conducted in this paper. The steel web and flanges as well as the GFRP sheets are simulated using three-dimensional brick elements. The shear and peel stiffness of the adhesive are modeled as equivalent linear spring systems. The analytical and experimental results indicate that a significant enhancement in the ultimate capacity of the steel beam is achieved using the proposed technique. The finite element analysis is employed to describe in detail the profile of stresses and strains that develop in the rehabilitated steel beam.