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Bajaj Steel Industries

BAJAJST NSE
₹305.00 up 0.35 (0.11%)
Market Cap
₹634 Cr
P/E
21.69

Bajaj Steel Industries (BAJAJST) share price was ₹304.65 at the 28 Oct 2026 close; market capitalisation ₹634 Cr; P/E (TTM) 21.67; sector Capital Goods. The share price fell 46.6% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue rose 11.9% year on year to ₹120.35 Cr and net profit was −₹0.27 Cr, against ₹7.40 Cr a year earlier (compared with Jun 2025). Promoters held 56.62% of Bajaj Steel Industries in Sep 2026, unchanged from Jun 2026. Its Tapetide Score is 51/100 (Average) as of 28 Oct 2026.

Close 28 Oct 2026 ₹304.65 −265.95 −46.61% 1Y

Key Fundamentals

MicrocapIndustrial ManufacturingCapital Goods
Market Cap
₹634 Cr
P/E (TTM)
21.69
EBITDA
₹72.60 Cr
Return on Equity
8.7%
Debt to Equity
0.15
Book Value
₹203.83
EPS (TTM)
₹14.06
52W High
₹620.00
52W Low
₹293.50

Price-based figures as of 29 Oct 2026, 10:43 IST · EPS basis: Consolidated · TTM

Peer Comparison

Industrials › Capital Goods › Industrial Products

Aditya Infotech
₹3,915.8096.5246,324 Cr14.220.04%19.61%25.98%4,896 Cr477 Cr
Syrma SGS
₹1,649.5086.3631,807 Cr11.110.10%11.28%14.83%5,510 Cr401 Cr
Honeywell Automation
₹30,195.0048.4426,697 Cr5.720.35%11.76%15.68%4,959 Cr552 Cr
Jyoti CNC Automation
₹951.9067.3221,648 Cr10.820.00%16.79%22.04%2,236 Cr323 Cr
Kaynes Technology India
₹3,211.0062.2621,525 Cr4.550.00%7.64%12.03%4,043 Cr345 Cr
LMW
₹16,461.00100.6117,585 Cr5.790.21%4.56%5.85%3,824 Cr176 Cr
Bajaj Steel Industries (this company)
₹305.0021.69634 Cr1.500.33%8.70%12.14%550 Cr29 Cr
Median 7 companies₹3,211.0067.3221,648 Cr5.790.10%11.28%14.83%4,043 Cr345 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 2 companies are not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

51 Average
Overall score

Data confidence 100/100

Category scores

Quality Strong 70
Returns, margins, earnings quality 22% weight
Valuation Good 64
Cheap vs sector & own history 24% weight
Growth Poor 19
Sales & profit trajectory 9% weight
Financial Health Good 55
Solvency, leverage, coverage 9% weight
Momentum Poor 14
Trend strength, vol-adjusted 12% weight
Ownership Average 49
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Weaknesses

3
  • The company has delivered a poor sales growth of 0.51% over past five years.
  • Company has a low return on equity of 13.8% over last 3 years.
  • Dividend payout has been low at 3.58% of profits over last 3 years

Technical Indicators

Oscillators

Neutral

Bearish
2
Neutral
5
Bullish
2

Overall

Bearish

Bearish
12
Neutral
5
Bullish
2

Moving Averages

Bearish

Bearish
10
Neutral
0
Bullish
0

Growth Rate

Revenue Growth
-10.16% lower than 3Y

change over 1 year

Net Income Growth
-56.23% lower than 3Y

change over 1 year

Cash Flow Change
50%

change over 1 year

EBITDA Margin Change
-22.69%

change over 1 year Operating margin 4.89% · Jun 2026

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
98.01
153
126
174
141
152
138
154
108
175
125
117
120
Expenses
83.55
128
109
148
119
127
117
129
93.98
143
116
111
114
Operating Profit
14.46
25.07
16.68
25.93
21.85
25.3
20.78
24.18
13.55
31.79
9.31
5.62
5.88
OPM %
14.75%
16.36%
13.25%
14.91%
15.5%
16.62%
15.05%
15.75%
12.6%
18.21%
7.43%
4.81%
4.89%
Other Income
1.36
0.79
1.27
12.23
29.06
1.75
1.65
6.49
1.4
1.55
3.82
5.59
1.45
Interest
0.7
0.65
1.2
2.45
1.01
0.85
0.94
1.39
1.29
1.33
1.36
1.1
1.49
Depreciation
2.35
2.39
3.45
4.78
2.95
2.95
3.01
6.03
3.73
3.73
3.78
6.3
4.97
PBT
12.77
22.82
13.3
30.93
46.95
23.25
18.48
23.25
9.93
28.28
7.99
3.81
0.87
Tax %
25.29%
25.5%
24.44%
27.09%
25.18%
24.99%
25.81%
22.37%
25.48%
24.75%
26.03%
39.11%
131.03%
Net Profit
9.54
17.01
10.05
22.55
35.13
17.43
13.71
18.06
7.4
21.28
5.91
2.32
-0.27
EPS (₹)
4.59
8.18
4.83
10.84
16.89
8.38
6.59
8.68
3.56
10.23
2.84
1.12
-0.13
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
334
307
237
247
376
414
510
437
549
551
585
524
537
Expenses
316
297
235
226
345
376
418
385
457
470
492
463
484
Operating Profit
17
10
2
22
31
38
93
52
92
81
92
60
53
OPM %
5%
3.1%
0.9%
9%
8%
9%
18%
12%
17%
15%
16%
12%
10%
Other Income
4
7
2
4
5
9
10
13
19
15
39
12
12
Interest
9
9
9
9
10
9
9
8
7
5
4
5
5
Depreciation
13
11
8
6
4
6
7
9
10
12
15
18
19
PBT
1
-4
-13
10
23
32
87
49
94
80
112
50
41
Tax %
240%
-23%
-25%
-9%
40%
25%
25%
25%
28%
26%
25%
26%
—
Net Profit
-1
-3
-10
11
14
24
66
36
68
59
84
37
29
EPS (₹)
-0.54
-1.53
-5.34
6.09
7.29
12.57
31.54
17.54
32.45
28.38
40.54
17.75
14.06
Div. Payout %
-93%
0%
0%
6%
7%
4%
2%
3%
2%
3%
2%
6%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
2
2
2
2
2
2
3
3
3
3
10
10
Reserves
65
62
54
66
78
100
169
204
271
330
377
414
Borrowings
84
81
81
81
75
70
51
64
43
64
65
63
Other Liabilities
83
97
73
73
104
97
147
124
129
168
151
213
Total Liabilities
234
242
210
223
260
269
369
395
446
564
604
699
Fixed Assets
54
52
45
51
52
72
80
86
111
185
218
255
CWIP
8
11
13
2
4
1
4
14
24
10
19
27
Investments
5
4
2
1
1
0
4
4
22
22
9
12
Other Assets
168
175
150
168
204
196
281
291
289
347
358
405
Total Assets
234
242
210
223
260
269
369
395
446
564
604
699
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-5
10
-7
6
14
41
89
55
27
55
52
78
Investing
-14
-10
0
2
-7
-21
-12
-20
-52
-66
-38
-58
Financing
14
-2
1
0
-5
-8
-19
4
-22
19
-26
-5
Net Cash Flow
-5
-2
-7
9
2
12
59
39
-47
8
-12
15
Free Cash Flow
-20
-2
-11
4
6
19
73
30
-12
-17
-4
16
CFO/EBITDA
-7
109
-312
29
59
123
116
135
57
90
87
154
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
53
56
64
73
53
45
49
20
25
33
30
40
Inventory Days
119
147
145
150
131
117
117
144
150
184
197
251
Days Payable
75
105
81
77
68
78
110
87
107
109
92
134
Cash Conversion Cycle
97
97
128
146
116
85
56
77
68
108
135
156
Working Capital Days
11
15
16
19
27
25
18
1
28
29
54
40
ROCE %
7%
3%
-3%
14%
21%
25%
48%
23%
31%
24%
21%
12%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Bajaj Steel Industries insights

60 extracted metrics + investor summaries across FY15–FY27.

Shareholding Pattern

DIIs0.01%Promot.56.62%FIIs0.03%Others12.24%Public31.09%As ofSep 2026

Documents

1
Concall - Aug 2026 Aug 2026
2
Concall - May 2026 May 2026
3
Concall - Feb 2026 Feb 2026
4
Concall - Nov 2025 Nov 2025
5
Concall - Jul 2025 Jul 2025

Frequently Asked Questions about Bajaj Steel Industries

What does Bajaj Steel Industries Ltd do?
Incorporated in 1961, Bajaj Steel Industries Ltd manufactures Cotton ginning and Pressing Machineries, Pre fabricated building structure, components and allied products[1]
Where is Bajaj Steel Industries Ltd (BAJAJST) listed?
Bajaj Steel Industries Ltd trades as BAJAJST on the NSE and under code 507944 on the BSE.
Which sector does Bajaj Steel Industries Ltd belong to?
Bajaj Steel Industries Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the market capitalisation of Bajaj Steel Industries Ltd?
Bajaj Steel Industries Ltd has a market capitalisation of ₹634.4 Cr as of 29 Oct 2026, which places it in the Small Cap band.
What is the PE ratio of Bajaj Steel Industries Ltd?
Bajaj Steel Industries Ltd trades at a PE ratio of 21.69 as of 29 Oct 2026, on earnings per share of ₹14.06, against a book value of ₹203.83 per share.
What is the 52-week high and low of Bajaj Steel Industries Ltd?
Over the last 52 weeks Bajaj Steel Industries Ltd has traded between ₹293.5 and ₹620 as of 29 Oct 2026.
Does Bajaj Steel Industries Ltd pay dividends?
Bajaj Steel Industries Ltd has a dividend yield of 0.33%.
What is the Return on Equity (ROE) of Bajaj Steel Industries Ltd?
Bajaj Steel Industries Ltd reported a return on equity of 8.70%. Its debt-to-equity ratio is 0.15.

Company Information

Incorporated in 1961, Bajaj Steel Industries Ltd manufactures Cotton ginning and Pressing Machineries, Pre fabricated building structure, components and allied products[1]

Website bajajngp.com
Listed 2004-12-20
Face Value ₹ 5
Shares Outstanding 2,08,00,000

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