---
title: "Bazel International Ltd (539946) — Share Price, Financials & Analysis"
symbol: "539946"
company: "Bazel International Ltd"
canonical: "https://tapetide.com/stocks/539946"
isin: "INE217E01014"
nse_symbol: "BAZELINTERNATIONALLTD"
bse_code: "539946"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 20.62
generated_at: "2026-09-13T21:38:45.768Z"
---

# Bazel International Ltd (539946)

Canonical page: https://tapetide.com/stocks/539946

## Company

- **NSE Symbol:** BAZELINTERNATIONALLTD
- **BSE Code:** 539946
- **ISIN:** INE217E01014
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2018-09-05
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bazelinternationallimited.com

## About

Incorporated in 1982, Bazel International 
Ltd is in the business of non-mortgage 
loan services for business purposes[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:41:55.453984Z.

- **Market Cap:** ₹20.62 Cr
- **Classification:** Microcap
- **P/E (reported):** 29.1
- **EPS (TTM):** ₹1.33
- **EPS (reported):** ₹1.82
- **Book Value:** ₹67.15
- **Price to Book:** 0.33
- **Dividend Yield:** 0%
- **ROE:** 1.01%
- **ROCE:** 1.92%
- **Debt to Equity:** 0.14
- **Revenue (yearly):** ₹4.41 Cr
- **Net Income:** ₹0.42 Cr
- **EBITDA:** ₹1.53 Cr
- **52-Week High:** ₹45.41
- **52-Week Low:** ₹16.5
- **RSI (14):** 52.43

## Tapetide Score

- **Score:** 53 / 100
- **Score date:** 2026-09-04
- **Percentile:** 61 (of 4473 scored stocks)
- **Confidence:** 82%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 64.59 | 11.54% |
| growth | 39.9 | 11.54% |
| momentum | 66.26 | 15.38% |
| ownership | 49.91 | 30.77% |
| valuation | 52.12 | 30.77% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.31 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 0.03%
- Company has a low return on equity of 1.39% over last 3 years.
- Company has high debtors of 303 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -633.33% | -57.91% | -102.22% |
| ebitda margin growth | 100% | -21.7% | 549.27% | 5.93% |
| net income growth | 300% | -30% | 5% | — |
| revenue growth | -20% | 7.56% | -37.19% | 113.25% |
| roce | 192.31% | 40.15% | — | 0.87% |
| roe | -262.86% | 24.69% | 0.48% | -365.79% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 1.28 | 17.79 | 0.75 | 0.83 | 0.77 | 2.44 | 1.04 | 1.14 | 1.21 | 1.04 | 1.21 |
| Expenses | 0.22 | 16.97 | 0.21 | 0.18 | 0.43 | 2.02 | 0.43 | 0.46 | 0.91 | 1.1 | 0.42 |
| Financing Profit | 1.05 | 0.57 | 0.45 | 0.65 | 0.1 | 0.06 | 0.36 | 0.46 | 0.19 | -0.14 | 0.75 |
| Financing Margin % | 82.03 | 3.2 | 60 | 78.31 | 12.99 | 2.46 | 34.62 | 40.35 | 15.7 | -13.46 | 61.98 |
| Other Income | 0 | 0.03 | 0 | 0 | 0.03 | 0.88 | 0.08 | 0.02 | -0.04 | 0.44 | 0 |
| Interest | 0.01 | 0.25 | 0.09 | 0 | 0.24 | 0.36 | 0.25 | 0.22 | 0.11 | 0.08 | 0.04 |
| Depreciation | 0.01 | 0.13 | 0.03 | 0.03 | 0.03 | 0.1 | 0.03 | -0.02 | 0.01 | 0.12 | 0.04 |
| Profit before tax | 1.04 | 0.47 | 0.42 | 0.62 | 0.1 | 0.84 | 0.41 | 0.5 | 0.14 | 0.18 | 0.71 |
| Tax % | 18.27 | 23.4 | 21.43 | -4.84 | 80 | 58.33 | 39.02 | 38 | -50 | 300 | 21.13 |
| Net Profit | 0.86 | 0.36 | 0.33 | 0.65 | 0.02 | 0.35 | 0.26 | 0.31 | 0.21 | -0.35 | 0.58 |
| EPS in Rs | 2.21 | 0.92 | 0.85 | 1.67 | 0.31 | 0.62 | 0.62 | 0.55 | 0.27 | -0.15 | 0.66 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0.06 | 0.64 | 17.82 | 3.24 | 4.41 | 4.6 |
| Expenses | 0.05 | 0.61 | 16.91 | 2.45 | 2.87 | 2.89 |
| Financing Profit | 0.01 | -0.04 | 0.6 | 0.19 | 0.87 | 1.26 |
| Financing Margin % | 16.67 | -6.25 | 3.37 | 5.86 | 19.73 | 27.39 |
| Other Income | 0 | 0 | 0 | 0.84 | 0.51 | 0.42 |
| Interest | 0 | 0.07 | 0.31 | 0.6 | 0.67 | 0.45 |
| Depreciation | 0 | 0.01 | 0.13 | 0.13 | 0.14 | 0.15 |
| Profit before tax | 0.01 | -0.05 | 0.47 | 0.9 | 1.24 | 1.53 |
| Tax % | 0 | 20 | 23.4 | 35.56 | 66.13 | — |
| Net Profit | 0 | -0.06 | 0.36 | 0.58 | 0.43 | 0.75 |
| EPS in Rs | 0 | -0.21 | 0.92 | 1.8 | 0.73 | 1.33 |
| Dividend Payout % | — | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.49 | 1.46 | 1.95 | 2.79 | 9.9 |
| Reserves | 13.33 | 12.3 | 41.98 | 48.3 | 56.09 |
| Borrowing | 0.03 | 0.33 | 8.72 | 20.57 | 12.54 |
| Other Liabilities | 0.01 | 0.53 | 2.91 | 7.1 | 8.78 |
| Total Liabilities | 13.86 | 14.62 | 55.56 | 78.76 | 87.31 |
| Fixed Assets | 0 | 0.02 | 0.32 | 12.21 | 12.36 |
| CWIP | 0 | 0.1 | 0 | 0 | 0.63 |
| Investments | 10.15 | 4.66 | 2.89 | 4.84 | 8.21 |
| Other Assets | 3.71 | 9.84 | 52.35 | 61.71 | 66.11 |
| Total Assets | 13.86 | 14.62 | 55.56 | 78.76 | 87.31 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.01 | -5.99 | -1.29 | -9.46 | -1.28 |
| Cash from Investing Activity | 0 | 5.32 | -0.01 | -1.89 | -3.69 |
| Cash from Financing Activity | 0.03 | 0.76 | 0.85 | 11.57 | 5.56 |
| Net Cash Flow | 0.02 | 0.08 | -0.45 | 0.22 | 0.59 |
| Free Cash Flow | -0.01 | -6.01 | -1.3 | -9.49 | -1.98 |
| CFO/OP | -100 | -19933 | -138 | -1151 | -78 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| ROE % | 0 | -0.44 | 0.82 | 2.13 | 1.23 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% | 0.46% | 0.32% | 0.12% | 0.11% | 0.08% | 0.04% | 0.03% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 23.02% | 24.16% | 24.14% | 24.97% | 31.39% | 29.71% | 35.93% | 36.1% | 35.42% | 25.14% | 24.71% | 21.71% |
| Others | 76.52% | 75.38% | 75.4% | 74.57% | 68.15% | 69.83% | 63.75% | 63.78% | 64.48% | 74.78% | 75.26% | 78.26% |
| No. of Shareholders | 435 | 390 | 427 | 558 | 636 | 740 | 728 | 770 | 797 | 1016 | 2352 | 2361 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 4 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 22.63 | Sell |
| EMA (10) | 22.27 | Sell |
| SMA (20) | 22.18 | Sell |
| EMA (20) | 21.87 | Sell |
| SMA (50) | 20 | Buy |
| EMA (50) | 20.79 | Buy |
| SMA (100) | 19.81 | Buy |
| EMA (100) | 21.07 | Sell |
| SMA (200) | 24.04 | Sell |
| EMA (200) | 23.64 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.97 | Neutral |
| MACD (12,26,9) | 0.68 | Sell |
| Stochastic (14,3,3) | 21.73 | Neutral |
| ADX (14) | 39.22 | Buy |
| Williams %R (14) | -92.96 | Buy |
| ATR (14) | 1.79 | High Volatility |
| ROC (12) | -4.45 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 53.12 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa434fb0-f8eb-45c4-b99a-bd5fb6b2bc10.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76693cee-5a97-4020-8021-8b616876641b.pdf) |
| 2026-09-07 | [Intimation Of Book Closure For The AGM Of Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26e8b0c0-2961-414d-8971-089da7026b46.pdf) |
| 2026-09-07 | [Intimation Of AGM For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56c66cea-e37a-44d0-805f-e1b6d8f2c225.pdf) |
| 2026-09-05 | [Board Meeting Outcome for Outcome Of Ther Board Meeting Held On 05Th September2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1469edd7-5b20-4a67-b293-b28a96c23d22.pdf) |
| 2026-09-02 | [Update on board meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bcd8a17b-af44-4371-8288-a1bbf94b9a5e.pdf) |
| 2026-09-01 | [Clarification On Price Movement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=947d5e43-b4ff-49b6-bb55-18045f243d19.pdf) |
| 2026-08-31 | [Board Meeting Intimation for Intimation Of Board Meeting Held On 05.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7504eb3d-2208-4be5-b06c-0158fd347769.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72e5b98f-4294-4e74-acd1-d25834270cd0.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Friday 14Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b83678a-e3b2-432e-a39d-8b2582243091.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Board approved 21,04,802 warrant conversion shares, appointed Mayank Ahuja, and raised authorised capital to ₹10.25 crore. | [Board Meeting Outcome for Revised Outcome 9h - Board approved 21,04,802 warrant conversion shares, appointed Mayank Ahuja, and raised authorised capital to ₹10.25 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b5aa9cbe-0089-4c06-b4cb-5bac2652dbbe.pdf) |
| 9 Mar - Corrigendum: face value corrected to Rs10; allotment of 3,855,222 bonus shares (1:1), record date Feb 19, 2026. | [Board Meeting Outcome for Corrigendum To Outcome Of The Board Meeting Dated 20Th February, 2026 9 Mar - Corrigendum: face value corrected to Rs10; allotment of 3,855,222 bonus shares (1:1), record date Feb 19, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1f8ddd1-ae3d-4c61-b08b-4e5faf6c9cd3.pdf) |
| 8 Apr - Promoter submitted Regulation 31(4) disclosure for FY ended March 31, 2026. | [Declaration Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares Andtakeovers) Regulation, 2011. 8 Apr - Promoter submitted Regulation 31(4) disclosure for FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca334354-3e03-4d44-974d-1e625e0d77ca.pdf) |
| 8 Apr - Company clarified there is no undisclosed information behind recent share price movement. | [Clarification In Respect Of Price Movement 8 Apr - Company clarified there is no undisclosed information behind recent share price movement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81f13b6d-f7cd-43f6-8450-4d6bf10456e5.pdf) |
| 8 Apr - Bazel International clarifies recent share price movement is market-driven; no undisclosed material information exists. | [Clarification In Respect Of Price Movement 8 Apr - Bazel International clarifies recent share price movement is market-driven; no undisclosed material information exists.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72198945-6bb0-4c00-a6a2-7b52757dec7d.pdf) |
| 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4cd2d8d9-9c5d-4699-b447-bb99f7b5bbcc.pdf) |
| 30m - Board to allot 1:1 bonus shares; record date Feb 19, allotment Feb 20, trading Feb 23, 2026. | [Board Meeting Intimation for Intimation Of Board Meeting Held On 20.02.2026 For The Allotment Of Securities Through Bonus Issue 30m - Board to allot 1:1 bonus shares; record date Feb 19, allotment Feb 20, trading Feb 23, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/2259f5b1-253c-4872-b7d3-68789ed9785a.pdf) |
| 30 Mar - Allotted 2,104,802 shares at ₹42.12 (proceeds ₹6.64 crore); authorised capital increased; director appointed. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 30Th March 2026 30 Mar - Allotted 2,104,802 shares at ₹42.12 (proceeds ₹6.64 crore); authorised capital increased; director appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/24aa91e2-5835-4a80-a9f1-5d03911e97e0.pdf) |
| 30 Apr - Company confirms SEBI large corporate debt circular is not applicable. | [Disclosure On Non-Applicability Of Provisions With Respect To Listed Entity As Large Entities 30 Apr - Company confirms SEBI large corporate debt circular is not applicable.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf0e272d-ea99-47cf-b379-3a9b8cdf747f.pdf) |
| 30 Apr - Company confirms SEBI large corporate debt circular is not applicable. | [Disclosure On Non-Applicability Of Provisions With Respect To Listed Entity As Large Entities 30 Apr - Company confirms SEBI large corporate debt circular is not applicable.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bf0e272d-ea99-47cf-b379-3a9b8cdf747f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Un-Audited Financial Results For Quarter Ended 30Th June2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6192383f-bbc5-477e-9816-ba5051cbbec1.pdf) |
| 2026-05-29 | [Revised Outcome Of Board Meeting Held On 28 May 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=157464c8-af32-4748-8349-9b687d1741ce.pdf) |
| 2026-05-28 | [Audited Financials Results For The Quarter And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84f9c7f7-fed1-4ff1-9b44-37f235282b64.pdf) |
| 2026-02-13 | [Un-Audited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55b9b839-528b-4e65-a7a8-364fd50a76d0.pdf) |
| 2025-11-14 | [Results For Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d24502a-bc80-4d69-9503-0e90c0d0ff98.pdf) |
| 2025-08-14 | [Results - Financial Results For Quarter Ended 30 June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef958e09-9da3-440f-8b8d-2928ffbe8032.pdf) |
| 2025-05-28 | [Financial Results On Standalone And Consolidated Basis Attached Herewith](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a79106bb-b1a6-4d76-8747-2bd09f388d1a.pdf) |
| 2025-02-12 | [Results-Financial Results For December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97a3d76d-f815-4fa8-a495-d9777eca05c3.pdf) |
| 2024-11-14 | [Unaudited Financial Results Along With The Limited Review Report For The Quarter And Half Year Ended September 30Th 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3c31791-92c2-414c-8e6f-4b13bbdba574.pdf) |
| 2024-08-13 | [Financial Results For The Quarter Ended On 30Th June,2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f31c0404-c52a-412c-b8d9-afa491e46019.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b7497f58-83ee-40a5-aa6a-1f21588cc032.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0c30d5b-43b1-4a99-a2bd-0898a40f10e7.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/411e7581-3ecb-4118-aa62-2755281b9407.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2dcfb968-4a49-4375-ad94-7de1df7d57fb.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94d3d67e-0b42-46d5-a67e-9320f64ac774.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c44de4f3-cd13-4a9d-9d08-68d125c2d437.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500314/73494500314.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539946/76969539946.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500314/68737500314.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539946/72093539946.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T21:38:45.768Z.