Shri Bajrang Alliance Ltd
Incorproated in 1990, Shri Bajrang Alliance Ltd manufactures Structural Steel and also Ready
To Eat frozen food products and extraction of
Oils & Oleoresin essential oils[1]
- Market Cap ₹ 150 Cr.
- Current Price ₹ 167
- High / Low ₹ 310 / 133
- Stock P/E 30.5
- Book Value ₹ 67.0
- Dividend Yield 0.00 %
- ROCE 5.19 %
- ROE 5.47 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 54.3 days to 39.0 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.42% over last 3 years.
- Contingent liabilities of Rs.221 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.4.71 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
Sector: Steel Industry: Steel - Medium / Small
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 125 | 107 | 71 | 68 | 75 | 101 | 157 | 171 | 214 | 171 | 524 | 570 | 544 | |
| 118 | 100 | 67 | 67 | 70 | 96 | 152 | 168 | 205 | 162 | 513 | 565 | 540 | |
| Operating Profit | 7 | 7 | 5 | 1 | 4 | 5 | 5 | 3 | 9 | 9 | 11 | 5 | 5 |
| OPM % | 6% | 6% | 6% | 1% | 6% | 4% | 3% | 2% | 4% | 5% | 2% | 1% | 1% |
| 0 | -0 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 4 | 5 | |
| Interest | 4 | 4 | 3 | 2 | 3 | 2 | 3 | 2 | 4 | 3 | 2 | 1 | 0 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 2 | 2 | 2 | -1 | 1 | 2 | 1 | 1 | 3 | 7 | 7 | 5 | 6 |
| Tax % | 32% | 32% | 20% | 0% | 22% | 28% | -1% | 27% | 24% | 45% | 20% | 36% | |
| 1 | 1 | 2 | -1 | 1 | 1 | 1 | 1 | 2 | 4 | 6 | 3 | 5 | |
| EPS in Rs | 1.56 | 1.34 | 2.11 | -1.40 | 1.06 | 1.31 | 1.60 | 0.91 | 2.42 | 4.20 | 6.12 | 3.48 | 5.46 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 29% |
| 3 Years: | 39% |
| TTM: | -23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 17% |
| 3 Years: | 14% |
| TTM: | 88% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 52% |
| 3 Years: | -5% |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 5% |
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 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 16 | 17 | 19 | 18 | 19 | 28 | 29 | 30 | 37 | 41 | 46 | 50 | 51 |
| 58 | 62 | 57 | 49 | 41 | 26 | 20 | 47 | 58 | 41 | 54 | 59 | 72 | |
| 6 | 3 | 4 | 3 | 3 | 10 | 12 | 51 | 14 | 10 | 63 | 56 | 34 | |
| Total Liabilities | 89 | 92 | 89 | 79 | 73 | 73 | 70 | 137 | 118 | 101 | 173 | 174 | 167 |
| 5 | 4 | 4 | 4 | 4 | 7 | 8 | 8 | 42 | 42 | 38 | 42 | 41 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 4 | 3 | 3 | 7 | 7 | 7 | 8 | 11 | 24 | 18 | 30 |
| 82 | 85 | 81 | 72 | 66 | 59 | 55 | 92 | 68 | 48 | 110 | 115 | 95 | |
| Total Assets | 89 | 92 | 89 | 79 | 73 | 73 | 70 | 137 | 118 | 101 | 173 | 174 | 167 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -16 | 4 | 6 | 2 | 2 | 13 | -8 | 7 | 2 | 24 | -3 | -1 | |
| -1 | -0 | -1 | 1 | -0 | -1 | 16 | -33 | -5 | -5 | -8 | -6 | |
| 20 | -7 | -5 | -3 | -2 | -12 | -8 | 25 | 3 | -19 | 11 | 8 | |
| Net Cash Flow | 3 | -3 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 |
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 | 86 | 87 | 82 | 161 | 81 | 63 | 29 | 111 | 42 | 40 | 42 | 32 |
| Inventory Days | 71 | 105 | 101 | 74 | 105 | 94 | 100 | 68 | 66 | 74 | 36 | 37 |
| Days Payable | 2 | 2 | 5 | 7 | 1 | 11 | 25 | 110 | 23 | 5 | 16 | 2 |
| Cash Conversion Cycle | 156 | 190 | 178 | 228 | 185 | 146 | 104 | 69 | 85 | 110 | 62 | 67 |
| Working Capital Days | 149 | 211 | 270 | 217 | 185 | 108 | 99 | 82 | 92 | 86 | 38 | 39 |
| ROCE % | 8% | 7% | 5% | 0% | 5% | 6% | 7% | 4% | 8% | 9% | 9% | 5% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Outcome of EGM
11h - EGM approved related party transactions and re-appointed Whole Time Director for 5 years.
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Intimation For Change In The Website And Email Of MUFG Intime India Private Limited, Registrar And Share Transfer Agent (RTA) Of The Company.
25 Apr - Change in RTA website and email for Shri Bajrang Alliance Limited.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Apr - Publication of Notice of Extra Ordinary General Meeting of the Company in English & Hindi edition newspaper.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Certificate under Regulation 74(5) for Q1 2025.
- Shareholder Meeting-EGM On April 30, 2025 8 Apr
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
Business Overview:[1]
SBAL is a part of Goel family group which
has diversified business interests from the steel business to Media, Digital Marketing, Hydro Power, and Food Agro Processing. Company
has operational linkages with Shri Bajrang
Power and Ispat Ltd (SBPIL), the flagship company of Goel Group, for sourcing of
raw materials.