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 ₹ 1,535 Cr.
- Current Price ₹ 738
- High / Low ₹ 988 / 356
- Stock P/E 23.9
- Book Value ₹ 186
- Dividend Yield 0.10 %
- ROCE 21.1 %
- ROE 17.9 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 21.9% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 7.14% over past five years.
- Earnings include an other income of Rs.38.9 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
413 | 334 | 307 | 237 | 247 | 376 | 414 | 510 | 437 | 549 | 551 | 585 | |
384 | 316 | 297 | 235 | 226 | 345 | 376 | 418 | 385 | 457 | 470 | 493 | |
Operating Profit | 28 | 17 | 10 | 2 | 22 | 31 | 38 | 93 | 52 | 92 | 81 | 92 |
OPM % | 7% | 5% | 3% | 1% | 9% | 8% | 9% | 18% | 12% | 17% | 15% | 16% |
5 | 4 | 7 | 2 | 4 | 5 | 9 | 10 | 13 | 19 | 15 | 39 | |
Interest | 7 | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 8 | 7 | 5 | 4 |
Depreciation | 9 | 13 | 11 | 8 | 6 | 4 | 6 | 7 | 9 | 10 | 12 | 15 |
Profit before tax | 17 | 1 | -4 | -13 | 10 | 23 | 32 | 87 | 49 | 94 | 80 | 112 |
Tax % | 38% | 240% | -23% | -25% | -9% | 40% | 25% | 25% | 25% | 28% | 26% | 25% |
11 | -1 | -3 | -10 | 11 | 14 | 24 | 66 | 36 | 68 | 59 | 84 | |
EPS in Rs | 5.61 | -0.54 | -1.53 | -5.34 | 6.09 | 7.29 | 12.57 | 31.54 | 17.54 | 32.45 | 28.38 | 40.54 |
Dividend Payout % | 9% | -93% | 0% | 0% | 6% | 7% | 4% | 2% | 3% | 2% | 3% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 10% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 47% |
5 Years: | 22% |
3 Years: | 21% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | 44% |
5 Years: | 98% |
3 Years: | 78% |
1 Year: | 100% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 23% |
3 Years: | 20% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 68 | 65 | 62 | 54 | 66 | 78 | 100 | 169 | 204 | 271 | 330 | 377 |
67 | 84 | 81 | 81 | 81 | 75 | 70 | 58 | 64 | 43 | 64 | 65 | |
86 | 83 | 97 | 73 | 73 | 104 | 97 | 139 | 124 | 129 | 168 | 151 | |
Total Liabilities | 223 | 234 | 242 | 210 | 223 | 260 | 269 | 369 | 395 | 446 | 563 | 604 |
56 | 54 | 52 | 45 | 51 | 52 | 72 | 80 | 86 | 111 | 185 | 175 | |
CWIP | 4 | 8 | 11 | 13 | 2 | 4 | 1 | 4 | 14 | 24 | 10 | 19 |
Investments | 3 | 5 | 4 | 2 | 1 | 1 | 0 | 4 | 4 | 22 | 22 | 9 |
159 | 168 | 175 | 150 | 168 | 204 | 196 | 281 | 291 | 289 | 346 | 400 | |
Total Assets | 223 | 234 | 242 | 210 | 223 | 260 | 269 | 369 | 395 | 446 | 563 | 604 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | -5 | 10 | -7 | 6 | 14 | 41 | 89 | 55 | 27 | 55 | 52 | |
-10 | -14 | -10 | -0 | 2 | -7 | -21 | -12 | -20 | -52 | -66 | -38 | |
15 | 14 | -2 | 1 | 0 | -5 | -8 | -19 | 4 | -22 | 19 | -26 | |
Net Cash Flow | 8 | -5 | -2 | -7 | 9 | 2 | 12 | 59 | 39 | -47 | 8 | -12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 39 | 53 | 56 | 64 | 73 | 53 | 45 | 49 | 20 | 25 | 33 | 30 |
Inventory Days | 85 | 119 | 147 | 145 | 150 | 131 | 117 | 117 | 144 | 150 | 193 | 197 |
Days Payable | 59 | 75 | 105 | 81 | 77 | 68 | 78 | 110 | 87 | 107 | 114 | 92 |
Cash Conversion Cycle | 65 | 97 | 97 | 128 | 146 | 116 | 85 | 56 | 77 | 68 | 112 | 135 |
Working Capital Days | 37 | 62 | 63 | 83 | 91 | 67 | 53 | 32 | 29 | 49 | 57 | 86 |
ROCE % | 19% | 7% | 3% | -3% | 14% | 21% | 25% | 47% | 23% | 31% | 24% | 21% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
6h - CRISIL reaffirmed Bajaj Steel's Rs.194 Cr bank loan ratings as A/Stable and A1; delay in intimation.
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Announcement under Regulation 30 (LODR)-Credit Rating
1d - CRISIL reaffirms Bajaj Steel's Rs.194 Cr bank loan ratings: A/Stable and A1.
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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.
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.