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 ₹ 1,166 Cr.
- Current Price ₹ 560
- High / Low ₹ 988 / 451
- Stock P/E 20.6
- Book Value ₹ 186
- Dividend Yield 0.18 %
- ROCE 21.3 %
- 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 7.13% over past five years.
* 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
Part of BSE SmallCap BSE Allcap BSE Industrials
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
413 | 334 | 307 | 237 | 247 | 376 | 414 | 510 | 437 | 549 | 551 | 585 | 551 | |
384 | 316 | 297 | 235 | 226 | 345 | 376 | 418 | 385 | 457 | 470 | 492 | 467 | |
Operating Profit | 28 | 17 | 10 | 2 | 22 | 31 | 38 | 93 | 52 | 92 | 81 | 93 | 84 |
OPM % | 7% | 5% | 3% | 1% | 9% | 8% | 9% | 18% | 12% | 17% | 15% | 16% | 15% |
5 | 4 | 7 | 2 | 4 | 5 | 9 | 10 | 13 | 19 | 15 | 39 | 11 | |
Interest | 7 | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 8 | 7 | 5 | 5 | 4 |
Depreciation | 9 | 13 | 11 | 8 | 6 | 4 | 6 | 7 | 9 | 10 | 12 | 15 | 16 |
Profit before tax | 17 | 1 | -4 | -13 | 10 | 23 | 32 | 87 | 49 | 94 | 80 | 112 | 75 |
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 | 57 | |
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 | 27.21 |
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: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 47% |
5 Years: | 22% |
3 Years: | 21% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 60% |
3 Years: | 58% |
1 Year: | -30% |
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 | 564 | 604 |
56 | 54 | 52 | 45 | 51 | 52 | 72 | 80 | 86 | 111 | 185 | 218 | |
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 | 347 | 358 | |
Total Assets | 223 | 234 | 242 | 210 | 223 | 260 | 269 | 369 | 395 | 446 | 564 | 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 | 184 | 197 |
Days Payable | 59 | 75 | 105 | 81 | 77 | 68 | 78 | 110 | 87 | 107 | 109 | 92 |
Cash Conversion Cycle | 65 | 97 | 97 | 128 | 146 | 116 | 85 | 56 | 77 | 68 | 108 | 135 |
Working Capital Days | 9 | 11 | 15 | 16 | 19 | 27 | 25 | 18 | 1 | 28 | 29 | 54 |
ROCE % | 19% | 7% | 3% | -3% | 14% | 21% | 25% | 47% | 23% | 31% | 24% | 21% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 2018, for the quarter ended September 30, 2025, as received from our Registrar and …
- Closure of Trading Window 29 Sep
-
Announcement under Regulation 30 (LODR)-Change in Directorate
26 Sep - Shri Raja Iyer ceased as Non‑Executive Independent Director effective September 26, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Sep - Virtual investor meeting (Bharat Connect Rising Stars) on Sep 24, 2025; Q1FY26 presentation to be used.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 5 Sep
Annual reports
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Financial Year 2025
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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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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.