Bajaj Steel Industries Ltd
Incorporated in 1961, Bajaj Steel Industries
Ltd manufactures Cotton ginning and Pressing Machineries, Pre fabricated building structure, components and allied products[1]
- Market Cap ₹ 1,557 Cr.
- Current Price ₹ 749
- High / Low ₹ 988 / 303
- Stock P/E 27.8
- Book Value ₹ 176
- Dividend Yield 0.10 %
- ROCE 19.9 %
- ROE 17.0 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 23.7% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 6.54% over past five years.
- Earnings include an other income of Rs.36.9 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
406 | 333 | 283 | 211 | 234 | 332 | 390 | 482 | 412 | 489 | 493 | 535 | |
375 | 312 | 270 | 211 | 215 | 305 | 354 | 397 | 365 | 411 | 428 | 452 | |
Operating Profit | 30 | 21 | 12 | 1 | 19 | 28 | 35 | 86 | 47 | 78 | 66 | 83 |
OPM % | 7% | 6% | 4% | 0% | 8% | 8% | 9% | 18% | 11% | 16% | 13% | 15% |
5 | 4 | 5 | 2 | 4 | 3 | 7 | 8 | 13 | 19 | 15 | 37 | |
Interest | 7 | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 8 | 7 | 5 | 4 |
Depreciation | 9 | 12 | 11 | 8 | 6 | 4 | 6 | 7 | 9 | 10 | 11 | 14 |
Profit before tax | 19 | 4 | -3 | -14 | 8 | 17 | 27 | 78 | 43 | 80 | 64 | 101 |
Tax % | 35% | 46% | -31% | -27% | -11% | 52% | 29% | 25% | 25% | 29% | 26% | 24% |
12 | 2 | -2 | -10 | 9 | 8 | 19 | 59 | 32 | 57 | 48 | 76 | |
EPS in Rs | 6.53 | 1.08 | -1.01 | -5.49 | 4.87 | 4.38 | 10.19 | 28.28 | 15.60 | 27.35 | 22.84 | 36.61 |
Dividend Payout % | 8% | 46% | 0% | 0% | 8% | 11% | 5% | 3% | 3% | 3% | 3% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 7% |
3 Years: | 9% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 39% |
5 Years: | 24% |
3 Years: | 20% |
TTM: | 18% |
Stock Price CAGR | |
---|---|
10 Years: | 44% |
5 Years: | 99% |
3 Years: | 78% |
1 Year: | 133% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 22% |
3 Years: | 19% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 10 |
Reserves | 70 | 70 | 68 | 60 | 69 | 76 | 94 | 157 | 188 | 244 | 290 | 356 |
67 | 84 | 80 | 79 | 81 | 75 | 70 | 58 | 64 | 43 | 63 | 65 | |
85 | 79 | 84 | 64 | 60 | 95 | 91 | 135 | 102 | 101 | 146 | 128 | |
Total Liabilities | 224 | 236 | 235 | 205 | 212 | 249 | 257 | 352 | 357 | 390 | 502 | 560 |
55 | 53 | 49 | 43 | 50 | 50 | 70 | 77 | 83 | 107 | 179 | 168 | |
CWIP | 4 | 8 | 12 | 13 | 2 | 4 | 1 | 4 | 14 | 23 | 9 | 19 |
Investments | 8 | 13 | 14 | 13 | 11 | 11 | 11 | 14 | 14 | 15 | 15 | 10 |
158 | 163 | 161 | 136 | 149 | 184 | 175 | 257 | 246 | 244 | 298 | 364 | |
Total Assets | 224 | 236 | 235 | 205 | 212 | 249 | 257 | 352 | 357 | 390 | 502 | 560 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | -1 | 6 | -2 | 2 | 15 | 39 | 84 | 41 | 16 | 42 | 50 | |
-12 | -17 | -11 | -1 | 2 | -7 | -20 | -10 | -20 | -34 | -65 | -45 | |
15 | 14 | -3 | 1 | 0 | -5 | -8 | -19 | 4 | -22 | 19 | 0 | |
Net Cash Flow | 8 | -5 | -7 | -2 | 4 | 3 | 12 | 54 | 26 | -40 | -4 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 55 | 62 | 71 | 79 | 57 | 47 | 49 | 19 | 26 | 39 | 31 |
Inventory Days | 83 | 113 | 144 | 141 | 123 | 138 | 105 | 110 | 120 | 137 | 182 | 192 |
Days Payable | 59 | 72 | 106 | 86 | 76 | 75 | 86 | 115 | 77 | 103 | 122 | 95 |
Cash Conversion Cycle | 65 | 96 | 100 | 126 | 127 | 120 | 66 | 44 | 62 | 60 | 99 | 129 |
Working Capital Days | 37 | 61 | 73 | 91 | 97 | 69 | 49 | 27 | 31 | 55 | 65 | 86 |
ROCE % | 20% | 8% | 4% | -3% | 12% | 18% | 23% | 44% | 22% | 28% | 21% | 20% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report for FY 2024-25 confirms full regulatory adherence, no non-compliances.
- Announcement under Regulation 30 (LODR)-Investor Presentation 28 May
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Audited Standalone & Consolidated Financial Results
28 May - Approved FY25 audited results with unmodified opinion; appointed secretarial auditor; recommended Rs1 final dividend.
- Corporate Action-Board approves Dividend 28 May
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Board Meeting Outcome for Outcome Of Board Meeting Dated May 28, 2025
28 May - Approved audited FY25 results; Rs.1 final dividend recommended; secretarial auditor appointed for 5 years.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
BSIL is an ISO 9001:2008 and ISO/TS 16949 certified company, uniquely producing machinery for all cotton ginning technologies (Double Roller, Saw Gin, and Rotobar) and all pressing technologies, as well as seed cleaning, delinting, and decorticating. It also engages in general engineering fabrication, machining, intelligent electrical panel manufacturing, and various other engineering activities.