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 ₹ 145 Cr.
- Current Price ₹ 161
- High / Low ₹ 227 / 130
- Stock P/E 9.72
- Book Value ₹ 108
- Dividend Yield 0.00 %
- ROCE 8.91 %
- ROE 16.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 47.5% CAGR over last 5 years
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.
- Tax rate seems low
- Company has a low return on equity of 10.4% over last 3 years.
- Contingent liabilities of Rs.370 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.17.3 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 171 | 214 | 171 | 524 | 570 | 398 | 271 | 287 | |
| 67 | 67 | 70 | 96 | 152 | 168 | 205 | 162 | 513 | 565 | 394 | 267 | 282 | |
| Operating Profit | 5 | 1 | 4 | 5 | 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% | 1.0% | 1.4% | 1.4% |
| 2 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 4 | 5 | 16 | 17 | |
| 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 | 5 | 16 | 16 |
| Tax % | 20% | 0% | 22% | 28% | -1% | 27% | 24% | 45% | 20% | 36% | 10% | 6% | |
| 2 | -1 | 1 | 1 | 1 | 1 | 2 | 4 | 6 | 3 | 5 | 15 | 15 | |
| EPS in Rs | 2.11 | -1.40 | 1.06 | 1.31 | 1.60 | 0.91 | 2.42 | 4.20 | 6.12 | 3.48 | 5.16 | 16.19 | 17.09 |
| 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: | 26% |
| 5 Years: | 47% |
| 3 Years: | 38% |
| TTM: | 119% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | -9% |
| 3 Years: | -12% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 10% |
| 3 Years: | 10% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 19 | 18 | 19 | 28 | 29 | 30 | 37 | 41 | 46 | 50 | 70 | 89 |
| 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 | 89 | 79 | 73 | 73 | 70 | 137 | 118 | 101 | 173 | 174 | 212 | 244 |
| 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 | 4 | 3 | 3 | 7 | 7 | 7 | 8 | 11 | 24 | 18 | 47 | 42 |
| 81 | 72 | 66 | 59 | 55 | 92 | 68 | 48 | 110 | 115 | 124 | 147 | |
| Total Assets | 89 | 79 | 73 | 73 | 70 | 137 | 118 | 101 | 173 | 174 | 212 | 244 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 2 | 13 | -8 | 7 | 2 | 24 | -3 | -1 | -24 | -10 | |
| -1 | 1 | -0 | -1 | 16 | -33 | -5 | -5 | -8 | -6 | -15 | 5 | |
| -5 | -3 | -2 | -12 | -8 | 25 | 3 | -19 | 11 | 8 | 37 | 6 | |
| Net Cash Flow | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | -1 | 0 |
| Free Cash Flow | 6 | 2 | 1 | 12 | -10 | -23 | -5 | 22 | 6 | -7 | -28 | -27 |
| CFO/OP | 140% | 347% | 37% | 279% | -164% | 224% | 25% | 282% | -20% | 18% | -558% | -258% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 111 | 42 | 40 | 42 | 32 | 20 | 28 |
| Inventory Days | 101 | 74 | 105 | 94 | 100 | 68 | 66 | 74 | 36 | 37 | 91 | 156 |
| Days Payable | 5 | 7 | 1 | 11 | 25 | 110 | 23 | 5 | 16 | 2 | 31 | 56 |
| Cash Conversion Cycle | 178 | 228 | 185 | 146 | 104 | 69 | 85 | 110 | 62 | 67 | 80 | 128 |
| Working Capital Days | 108 | 88 | 92 | 36 | 54 | -4 | 27 | 34 | 4 | 1 | 7 | 27 |
| ROCE % | 5% | 0% | 5% | 6% | 7% | 4% | 8% | 9% | 9% | 5% | 4% | 9% |
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 % |
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| Steel Division Installed Capacity MT |
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| Agro/Food Division Installed Capacity MT per annum |
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| Geographic Presence Number of cities |
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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.