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Bajaj Steel Industries Ltd
BAJAJST NSE
Bajaj Steel Industries Ltd
IndustrialsNSE: BAJAJST BSE: 507944 Industrial Manufacturing
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsMarket Cap
₹832 Cr
Volatility
Moderate
P/E Ratio
22.52
EBITDA
₹60.26 Cr
Return on Equity
21.77%
Debt to Equity
0.15
Book Value
₹203.83
52W High
₹507.8
52W Low
₹350.05
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Bajaj Steel Industries Ltd insights
38 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Weaknesses
2- The company has delivered a poor sales growth of 0.53% over past five years.
- Dividend payout has been low at 3.58% of profits over last 3 years
Growth Rate
Revenue Growth
-12.23% ↘
Net Income Growth
-54.06% ↗
Cash Flow Change
-5.26% ↘
ROE
22.51% ↗
ROCE
19.86% ↗
EBITDA Margin (Avg.)
-35.83% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 121 | 98.01 | 153 | 126 | 174 | 141 | 152 | 138 | 154 | 108 | 175 | 125 | 117 |
| Expenses | 102 | 83.55 | 128 | 109 | 148 | 119 | 127 | 117 | 129 | 93.98 | 143 | 116 | 111 |
| Operating Profit | 19.5 | 14.46 | 25.07 | 16.68 | 25.93 | 21.85 | 25.3 | 20.78 | 24.18 | 13.55 | 31.79 | 9.31 | 5.62 |
| OPM % | 16.1% | 14.75% | 16.36% | 13.25% | 14.91% | 15.5% | 16.62% | 15.05% | 15.75% | 12.6% | 18.21% | 7.43% | 4.81% |
| Other Income | 14.94 | 1.36 | 0.79 | 1.27 | 12.23 | 29.06 | 1.75 | 1.65 | 6.49 | 1.4 | 1.55 | 3.82 | 5.59 |
| Interest | 2.7 | 0.7 | 0.65 | 1.2 | 2.45 | 1.01 | 0.85 | 0.94 | 1.39 | 1.29 | 1.33 | 1.36 | 1.1 |
| Depreciation | 3.39 | 2.35 | 2.39 | 3.45 | 4.78 | 2.95 | 2.95 | 3.01 | 6.03 | 3.73 | 3.73 | 3.78 | 6.3 |
| PBT | 28.35 | 12.77 | 22.82 | 13.3 | 30.93 | 46.95 | 23.25 | 18.48 | 23.25 | 9.93 | 28.28 | 7.99 | 3.81 |
| Tax % | 39.72% | 25.29% | 25.5% | 24.44% | 27.09% | 25.18% | 24.99% | 25.81% | 22.37% | 25.48% | 24.75% | 26.03% | 39.11% |
| Net Profit | 17.09 | 9.54 | 17.01 | 10.05 | 22.55 | 35.13 | 17.43 | 13.71 | 18.06 | 7.4 | 21.28 | 5.91 | 2.32 |
| EPS in Rs | 8.22 | 4.59 | 8.18 | 4.83 | 10.84 | 16.89 | 8.38 | 6.59 | 8.68 | 3.56 | 10.23 | 2.84 | 1.12 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 334 | 307 | 237 | 247 | 376 | 414 | 510 | 437 | 549 | 551 | 585 | 524 |
| Expenses | 316 | 297 | 235 | 226 | 345 | 376 | 418 | 385 | 457 | 470 | 492 | 464 |
| Operating Profit | 17 | 10 | 2 | 22 | 31 | 38 | 93 | 52 | 92 | 81 | 93 | 60 |
| OPM % | 5% | 3% | 1% | 9% | 8% | 9% | 18% | 12% | 17% | 15% | 16% | 12% |
| Other Income | 4 | 7 | 2 | 4 | 5 | 9 | 10 | 13 | 19 | 15 | 39 | 12 |
| Interest | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 8 | 7 | 5 | 5 | 5 |
| Depreciation | 13 | 11 | 8 | 6 | 4 | 6 | 7 | 9 | 10 | 12 | 15 | 18 |
| PBT | 1 | -4 | -13 | 10 | 23 | 32 | 87 | 49 | 94 | 80 | 112 | 50 |
| 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 |
| EPS in Rs | -0.54 | -1.53 | -5.34 | 6.09 | 7.29 | 12.57 | 31.54 | 17.54 | 32.45 | 28.38 | 40.54 | 17.75 |
| Div. Payout % | -93% | 0% | 0% | 6% | 7% | 4% | 2% | 3% | 2% | 3% | 2% | 6% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 211 |
| 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 | 449 |
| Total Assets | 234 | 242 | 210 | 223 | 260 | 269 | 369 | 395 | 446 | 564 | 604 | 699 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 20 |
| CFO/OP | -7 | 109 | -312 | 29 | 59 | 123 | 116 | 135 | 57 | 90 | 87 | 154 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 | 48 |
| ROCE % | 7% | 3% | -3% | 14% | 21% | 25% | 48% | 23% | 31% | 24% | 21% | 12% |
Documents
1
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Bajaj Steel Industries says it is not a Large Corporate as of March 31, 2026. 30 Apr - Bajaj Steel Industries says it is not a Large Corporate as of March 31, 2026.
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Bajaj Steel Industries says it is not a Large Corporate as of March 31, 2026. 30 Apr - Bajaj Steel Industries says it is not a Large Corporate as of March 31, 2026.
3
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. 13 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
4
Clarification On Price Movement
8 Apr - Company says it knows no specific reason for recent share price movement. 8 Apr - Company says it knows no specific reason for recent share price movement.
5
Clarification sought from Bajaj Steel Industries Ltd
7 Apr - Exchange has sought clarification from Bajaj Steel Industries Ltd on April 7, 2026 with reference to significant movement in price, in order to ensure that … 7 Apr - Exchange has sought clarification from Bajaj Steel Industries Ltd on April 7, 2026 with reference to significant movement in price, in order to ensure that …
Frequently Asked Questions about Bajaj Steel Industries Ltd
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 (507944) listed?
Bajaj Steel Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: BAJAJST and BSE: 507944. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Bajaj Steel Industries Ltd belong to?
Bajaj Steel Industries Ltd operates in the Industrials sector within the Industrial Manufacturing industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Bajaj Steel Industries Ltd?
Bajaj Steel Industries Ltd has a market capitalisation of approximately ₹832.10 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Bajaj Steel Industries Ltd?
The Price-to-Earnings (PE) ratio of Bajaj Steel Industries Ltd is 22.52. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Bajaj Steel Industries Ltd?
Over the past 52 weeks, Bajaj Steel Industries Ltd has traded between a low of ₹350.05 and a high of ₹507.8. This range helps investors understand the stock's price volatility and recent trading levels.
Does Bajaj Steel Industries Ltd pay dividends?
Yes, Bajaj Steel Industries Ltd has a dividend yield of 0.25%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Bajaj Steel Industries Ltd?
Bajaj Steel Industries Ltd has a Return on Equity (ROE) of 21.77%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Bajaj Steel Industries Ltd on Tapetide?
On Tapetide, you can view Bajaj Steel Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1961, Bajaj Steel Industries Ltd manufactures Cotton ginning and Pressing Machineries, Pre fabricated building structure, components and allied products[1]