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 ₹ 1,786 Cr.
- Current Price ₹ 859
- High / Low ₹ 988 / 258
- Stock P/E 32.6
- Book Value ₹ 161
- Dividend Yield 0.09 %
- ROCE 21.4 %
- ROE 17.6 %
- Face Value ₹ 5.00
Pros
Cons
- The company has delivered a poor sales growth of 8.24% over past five years.
- Earnings include an other income of Rs.41.8 Cr.
- Debtor days have increased from 28.2 to 39.0 days.
* 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
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
284 | 406 | 333 | 283 | 211 | 234 | 332 | 390 | 482 | 412 | 489 | 493 | 542 | |
270 | 375 | 312 | 270 | 211 | 215 | 305 | 354 | 397 | 365 | 411 | 428 | 466 | |
Operating Profit | 15 | 30 | 21 | 12 | 1 | 19 | 28 | 35 | 86 | 47 | 78 | 66 | 77 |
OPM % | 5% | 7% | 6% | 4% | 0% | 8% | 8% | 9% | 18% | 11% | 16% | 13% | 14% |
3 | 5 | 4 | 5 | 2 | 4 | 3 | 7 | 8 | 13 | 19 | 15 | 42 | |
Interest | 7 | 7 | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 8 | 7 | 5 | 5 |
Depreciation | 6 | 9 | 12 | 11 | 8 | 6 | 4 | 6 | 7 | 9 | 10 | 11 | 13 |
Profit before tax | 5 | 19 | 4 | -3 | -14 | 8 | 17 | 27 | 78 | 43 | 80 | 64 | 101 |
Tax % | 20% | 35% | 46% | -31% | -27% | -11% | 52% | 29% | 25% | 25% | 29% | 26% | |
4 | 12 | 2 | -2 | -10 | 9 | 8 | 19 | 59 | 32 | 57 | 48 | 75 | |
EPS in Rs | 2.27 | 6.53 | 1.08 | -1.01 | -5.49 | 4.87 | 4.38 | 10.19 | 28.28 | 15.60 | 27.35 | 22.84 | 35.94 |
Dividend Payout % | 17% | 8% | 46% | 0% | 0% | 8% | 11% | 5% | 3% | 3% | 3% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 8% |
3 Years: | 1% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 42% |
3 Years: | -6% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | 43% |
5 Years: | 97% |
3 Years: | 56% |
1 Year: | 221% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 23% |
3 Years: | 19% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 |
Reserves | 59 | 70 | 70 | 68 | 60 | 69 | 76 | 94 | 157 | 188 | 244 | 290 | 332 |
53 | 67 | 84 | 80 | 79 | 81 | 75 | 70 | 58 | 64 | 43 | 63 | 62 | |
77 | 85 | 79 | 84 | 64 | 60 | 95 | 91 | 135 | 102 | 101 | 146 | 141 | |
Total Liabilities | 191 | 224 | 236 | 235 | 205 | 212 | 249 | 257 | 352 | 357 | 390 | 502 | 537 |
32 | 55 | 53 | 49 | 43 | 50 | 50 | 70 | 77 | 83 | 107 | 179 | 156 | |
CWIP | 25 | 4 | 8 | 12 | 13 | 2 | 4 | 1 | 4 | 14 | 23 | 9 | 9 |
Investments | 4 | 8 | 13 | 14 | 13 | 11 | 11 | 11 | 14 | 14 | 15 | 15 | 20 |
130 | 158 | 163 | 161 | 136 | 149 | 184 | 175 | 257 | 246 | 244 | 298 | 352 | |
Total Assets | 191 | 224 | 236 | 235 | 205 | 212 | 249 | 257 | 352 | 357 | 390 | 502 | 537 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 5 | -1 | 6 | -2 | 2 | 15 | 39 | 84 | 41 | 16 | 42 | |
-13 | -12 | -17 | -11 | -1 | 2 | -7 | -20 | -10 | -20 | -34 | -65 | |
-0 | 15 | 14 | -3 | 1 | 0 | -5 | -8 | -19 | 4 | -22 | 19 | |
Net Cash Flow | 0 | 8 | -5 | -7 | -2 | 4 | 3 | 12 | 54 | 26 | -40 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 52 | 41 | 55 | 62 | 71 | 79 | 57 | 47 | 49 | 19 | 26 | 39 |
Inventory Days | 98 | 83 | 113 | 144 | 141 | 123 | 138 | 105 | 110 | 120 | 137 | 182 |
Days Payable | 79 | 59 | 72 | 106 | 86 | 76 | 75 | 86 | 115 | 77 | 103 | 122 |
Cash Conversion Cycle | 71 | 65 | 96 | 100 | 126 | 127 | 120 | 66 | 44 | 62 | 60 | 99 |
Working Capital Days | 37 | 37 | 61 | 73 | 91 | 97 | 69 | 49 | 27 | 31 | 55 | 65 |
ROCE % | 11% | 20% | 8% | 4% | -3% | 12% | 18% | 23% | 44% | 22% | 28% | 21% |
Documents
Announcements
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Commencement Of Commercial Operation Of New Manufacturing Plant/Unit Of The Company
27 Nov - Commencement of new manufacturing plant in Nagpur.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
14 Nov - Received export order worth INR 24 Crores.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
13 Nov - Investor/Result Presentation for Q2 FY2024.
- Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2024 13 Nov
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Board Meeting Outcome for For Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2024
13 Nov - Approval of financial results and bonus shares.
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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Concalls
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Nov 2024TranscriptNotesPPT
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.