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 ₹ 176 Cr.
- Current Price ₹ 195
- High / Low ₹ 250 / 133
- Stock P/E 4.77
- Book Value ₹ 395
- Dividend Yield 0.00 %
- ROCE 0.97 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.48 times its book value
- Debtor days have improved from 31.2 to 19.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.8% over last 3 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 Products Iron & Steel 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 107 | 71 | 68 | 75 | 101 | 157 | 175 | 214 | 171 | 524 | 570 | 398 | 364 | |
| 100 | 67 | 67 | 70 | 96 | 152 | 171 | 205 | 162 | 513 | 565 | 394 | 356 | |
| Operating Profit | 7 | 5 | 1 | 4 | 4 | 5 | 3 | 9 | 9 | 11 | 5 | 4 | 8 |
| OPM % | 6% | 6% | 1% | 6% | 4% | 3% | 2% | 4% | 5% | 2% | 1% | 1% | 2% |
| 0 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 4 | 3 | 3 | |
| Interest | 4 | 3 | 2 | 3 | 2 | 3 | 2 | 4 | 3 | 2 | 1 | 1 | 2 |
| Depreciation | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 2 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 2 | 2 | -1 | 1 | 2 | 1 | 1 | 3 | 7 | 7 | 5 | 3 | 6 |
| Tax % | 33% | 20% | 0% | 22% | 28% | -1% | 33% | 24% | 45% | 20% | 36% | 20% | |
| 1 | 2 | -1 | 1 | 9 | 20 | 14 | 31 | 72 | 34 | 41 | 33 | 37 | |
| EPS in Rs | 1.36 | 2.11 | -1.40 | 1.06 | 10.08 | 21.72 | 15.53 | 34.21 | 80.08 | 37.97 | 45.40 | 36.22 | 40.92 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 18% |
| 3 Years: | 33% |
| TTM: | -35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 52% |
| 5 Years: | 18% |
| 3 Years: | -23% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 27% |
| 3 Years: | 1% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 18% |
| 3 Years: | 13% |
| Last Year: | 10% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 34 | 36 | 35 | 36 | 78 | 94 | 108 | 144 | 216 | 250 | 292 | 327 | 346 |
| 62 | 57 | 49 | 41 | 26 | 20 | 47 | 58 | 41 | 54 | 59 | 98 | 81 | |
| 3 | 4 | 3 | 3 | 10 | 12 | 51 | 14 | 10 | 63 | 56 | 36 | 49 | |
| Total Liabilities | 108 | 106 | 96 | 89 | 123 | 135 | 215 | 226 | 277 | 377 | 416 | 469 | 486 |
| 4 | 4 | 4 | 4 | 7 | 8 | 8 | 42 | 42 | 38 | 42 | 42 | 42 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 0 | 0 | 0 | 0 | 0 | 4 |
| Investments | 19 | 21 | 20 | 20 | 57 | 72 | 86 | 115 | 187 | 228 | 259 | 303 | 322 |
| 85 | 81 | 72 | 66 | 59 | 55 | 92 | 68 | 48 | 110 | 115 | 124 | 117 | |
| Total Assets | 108 | 106 | 96 | 89 | 123 | 135 | 215 | 226 | 277 | 377 | 416 | 469 | 486 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 6 | 2 | 5 | 13 | -8 | 8 | 2 | 21 | -3 | 0 | -24 | |
| -0 | -1 | 1 | -0 | -1 | -1 | -30 | -7 | -5 | -5 | -7 | -15 | |
| -7 | -5 | -3 | -6 | -12 | 10 | 23 | 5 | -16 | 7 | 8 | 37 | |
| Net Cash Flow | -3 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | -1 |
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 | 87 | 82 | 161 | 81 | 63 | 29 | 109 | 42 | 40 | 42 | 32 | 20 |
| Inventory Days | 105 | 101 | 74 | 105 | 94 | 100 | 67 | 66 | 74 | 36 | 37 | 91 |
| Days Payable | 2 | 5 | 7 | 1 | 11 | 25 | 108 | 23 | 5 | 16 | 2 | 31 |
| Cash Conversion Cycle | 190 | 178 | 228 | 185 | 146 | 104 | 68 | 85 | 110 | 62 | 67 | 80 |
| Working Capital Days | 91 | 108 | 88 | 92 | 37 | 54 | -4 | 27 | 34 | 4 | 1 | 7 |
| ROCE % | 6% | 4% | 0% | 4% | 4% | 4% | 2% | 4% | 4% | 3% | 2% | 1% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Strikes /Lockouts / Disturbances
18 Nov - Steel division shut from 18-Nov-2025 for ~45 days for furnace expansion, roughing stand, straightener installations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Advertisement for the Quarter and half year ended 30th September 2025
- Announcement under Regulation 30 (LODR)-Investor Presentation 13 Nov
-
Results_Financial Results 30/09/2025
13 Nov - Board approved unaudited standalone & consolidated results for quarter/half-year ended 30 Sep 2025; limited review attached.
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Board Meeting Outcome for Consideration & Approval Of Unaudited Standalone & Consolidated Financial Results For The Quarter & Half Year Ended 30.09.2025
13 Nov - Board approved unaudited standalone & consolidated Q2/H1 results for Sept 30, 2025; Q2 revenue Rs 8,739.43 lakh.
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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Concalls
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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Jun 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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May 2022TranscriptAI SummaryPPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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.