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 ₹ 156 Cr.
- Current Price ₹ 173
- High / Low ₹ 227 / 130
- Stock P/E 3.47
- Book Value ₹ 426
- Dividend Yield 0.00 %
- ROCE 1.12 %
- ROE 12.3 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.41 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.86% over past five years.
- Company has a low return on equity of 12.3% over last 3 years.
- Contingent liabilities of Rs.370 Cr.
- Earnings include an other income of Rs.5.32 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 Products Iron & Steel Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 71 | 68 | 75 | 101 | 157 | 175 | 214 | 171 | 524 | 570 | 398 | 271 | 287 | |
| 67 | 67 | 70 | 96 | 152 | 171 | 205 | 162 | 513 | 565 | 394 | 267 | 282 | |
| Operating Profit | 5 | 1 | 4 | 4 | 5 | 3 | 9 | 9 | 11 | 5 | 4 | 4 | 4 |
| OPM % | 6% | 0.9% | 6% | 4.5% | 3.1% | 1.9% | 4.2% | 5% | 2.1% | 0.8% | 1.1% | 1.4% | 1.4% |
| 2 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 4 | 3 | 5 | 5 | |
| Interest | 3 | 2 | 3 | 2 | 3 | 2 | 4 | 3 | 2 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 0 | 0 | 1 | 1 | 0 | 2 | 3 | 3 | 3 | 3 | 3 | 4 |
| Profit before tax | 2 | -1 | 1 | 2 | 1 | 1 | 3 | 7 | 7 | 5 | 3 | 4 | 4 |
| Tax % | 20% | 0% | 22% | 28% | -1% | 33% | 24% | 45% | 20% | 36% | 20% | 25% | |
| 2 | -1 | 1 | 9 | 20 | 14 | 31 | 72 | 34 | 41 | 33 | 44 | 45 | |
| EPS in Rs | 2.11 | -1.40 | 1.06 | 10.08 | 21.72 | 15.53 | 34.21 | 80.08 | 37.97 | 45.40 | 36.22 | 49.19 | 50.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 5% |
| 3 Years: | -20% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 39% |
| 5 Years: | 8% |
| 3 Years: | 9% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | -8% |
| 3 Years: | -10% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 16% |
| 3 Years: | 12% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 36 | 35 | 36 | 78 | 94 | 108 | 144 | 216 | 250 | 292 | 327 | 375 |
| 57 | 49 | 41 | 26 | 20 | 47 | 58 | 41 | 54 | 59 | 98 | 104 | |
| 4 | 3 | 3 | 10 | 12 | 51 | 14 | 10 | 63 | 56 | 36 | 43 | |
| Total Liabilities | 106 | 96 | 89 | 123 | 135 | 215 | 226 | 277 | 377 | 416 | 469 | 531 |
| 4 | 4 | 4 | 7 | 8 | 8 | 42 | 42 | 38 | 42 | 42 | 55 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 29 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 21 | 20 | 20 | 57 | 72 | 86 | 115 | 187 | 228 | 259 | 303 | 329 |
| 81 | 72 | 66 | 59 | 55 | 92 | 68 | 48 | 110 | 115 | 124 | 147 | |
| Total Assets | 106 | 96 | 89 | 123 | 135 | 215 | 226 | 277 | 377 | 416 | 469 | 531 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 2 | 5 | 13 | -8 | 8 | 2 | 21 | -3 | 0 | -24 | -10 | |
| -1 | 1 | -0 | -1 | -1 | -30 | -7 | -5 | -5 | -7 | -15 | 5 | |
| -5 | -3 | -6 | -12 | 10 | 23 | 5 | -16 | 7 | 8 | 37 | 6 | |
| Net Cash Flow | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | -1 | 0 |
| Free Cash Flow | 6 | 2 | 5 | 12 | -10 | -23 | -5 | 19 | 6 | -14 | -28 | -27 |
| CFO/OP | 140% | 347% | 126% | 280% | -173% | 234% | 19% | 237% | -18% | 38% | -553% | -265% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82 | 161 | 81 | 63 | 29 | 109 | 42 | 40 | 42 | 32 | 20 | 28 |
| Inventory Days | 101 | 74 | 105 | 94 | 100 | 67 | 66 | 74 | 36 | 37 | 91 | 156 |
| Days Payable | 5 | 7 | 1 | 11 | 25 | 108 | 23 | 5 | 16 | 2 | 31 | 56 |
| Cash Conversion Cycle | 178 | 228 | 185 | 146 | 104 | 68 | 85 | 110 | 62 | 67 | 80 | 128 |
| Working Capital Days | 108 | 88 | 92 | 37 | 54 | -4 | 27 | 34 | 4 | 1 | 7 | 27 |
| ROCE % | 4% | 0% | 4% | 4% | 4% | 2% | 4% | 4% | 3% | 2% | 1% | 1% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | May 2025 | May 2026 | |
|---|---|---|---|---|---|---|---|
| Steel Division Sales Volume MT |
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| Steel Division Capacity Utilization % ・Standalone data |
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| Steel Division Installed Capacity MT ・Standalone data |
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| Agro/Food Division Installed Capacity MT per annum ・Standalone data |
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| Geographic Presence Number of cities ・Standalone data |
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| Steel Division Production Volume MT |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Publication of the Notice of 36th Annual General Meeting of the Company schedule to be held on Sep 10, 2026.
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Reg. 34 (1) Annual Report.
- Annual report submitted; AGM on 10 Sept 2026, seeking approval for Rs.500 crore related-party dealings.
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Shareholder Meeting-36Th AGM September 10, 2026
- 36th AGM on 10 Sept 2026; seeks approval for Rs500 Cr and Rs50 Cr related-party transactions.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication of Un-audited Standalone and Consolidated Financial Results of the Company for the Quarter/three months ended June 30, 2026
- Announcement under Regulation 30 (LODR)-Investor Presentation
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Aug 2026TranscriptAI SummaryPPT
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May 2026TranscriptAI SummaryPPT
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Jan 2026TranscriptAI SummaryPPT
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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 promoted by the Goel Group, is one of the largest structural rolling mills in Chhattisgarh. The Company operates through two divisions: Steel Manufacturing, with an annual rolling capacity of 1,00,000 MT, supported by modern furnace and conveyor-table installations that help reduce turnaround time, and a Food Division, established in 2020, marking the Group’s entry into 100% vegetarian frozen food products.