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Bajaj Steel Industries

BAJAJST NSE
₹313.70 +4.50 (+1.46%)
P/E
22.31
View as Markdown
MCP
Close 4 Nov 2026 ₹313.70 −222.65 −41.5% 1Y
Start ₹536.35

Key Fundamentals

MicrocapIndustrial ManufacturingCapital Goods

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
11.70%
Debt to Equity
0.15
EPS (TTM)
₹14.06
Book Value
₹203.83
Market Cap
—
P/E (TTM)
22.31
P/B
1.54
ROE
9.11%
Dividend Yield
0.32%
EBITDA
₹72.60 Cr
52W High
₹620.00
52W Low
₹293.50
Day Range
₹306.00 – ₹317.20
Volume
1,370

Peer Comparison

Industrials › Capital Goods › Industrial Products

Bajaj Steel Industries peer comparison
₹1,240.10106.91₹59,516 Cr18.470.55%23.40%25.00%₹3,482 Cr₹562 Cr
₹3,999.8098.59₹46,234 Cr14.530.04%25.40%28.60%₹4,883 Cr₹477 Cr
₹1,512.6079.19₹28,543 Cr9.590.10%14.00%16.80%₹5,464 Cr₹401 Cr
₹29,810.0047.82₹25,976 Cr5.650.38%12.60%17.00%₹4,703 Cr₹552 Cr
₹1,034.9573.19₹22,990 Cr11.010.00%18.20%21.30%₹2,191 Cr₹323 Cr
₹3,330.0064.57₹21,957 Cr4.710.00%8.69%12.70%₹3,899 Cr₹345 Cr
₹17,358.00106.09₹18,108 Cr6.100.21%4.05%5.58%₹3,374 Cr₹176 Cr
Bajaj Steel Industries (this company)
₹313.7022.31₹638 Cr1.540.32%9.11%11.70%₹537 Cr₹29 Cr
Median 8 companies₹2,421.3076.19₹24,483 Cr7.850.16%13.30%16.90%₹3,690 Cr₹373 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

51 Average

Data confidence 100/100

Category scores

Quality
70
Strong
Returns, margins, earnings quality 22% weight
Valuation
63
Good
Cheap vs sector & own history 24% weight
Growth
19
Poor
Sales & profit trajectory 9% weight
Financial Health
56
Good
Solvency, leverage, coverage 9% weight
Momentum
16
Poor
Trend strength, vol-adjusted 12% weight
Ownership
49
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

3
  • The company has delivered a poor sales growth of 0.51% over past five years.
  • Company has a low return on equity of 13.8% over last 3 years.
  • Dividend payout has been low at 3.58% of profits over last 3 years

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1054
OscillatorsNeutral252
Moving AveragesStrong Bearish802

Key readings

RSI (14)
43.39
Neutral
MACD (12,26,9)
−9.15
Bullish
SMA (50)
338.16
Bearish
SMA (200)
391.22
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+5.49%
5Y+0.54%
3Y−1.54%
1Y−10.43%
TTM−2.59%

Net profit

Net profit growth by window
10YTurned to profit
5Y−10.93%
3Y−18.36%
1Y−55.95%
TTM−48.34%

Operating cash flow

Operating cash flow growth by window
10Y+22.80%
5Y−2.60%
3Y+42.42%
1Y+50.00%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+8.19 pp
5Y−6.79 pp
3Y−5.31 pp
1Y−4.28 pp
TTM−5.40 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹237 Cr
Mar 2018₹247 Cr
Mar 2019₹376 Cr
Mar 2020₹414 Cr
Mar 2021₹510 Cr
Mar 2022₹437 Cr
Mar 2023₹549 Cr
Mar 2024₹551 Cr
Mar 2025₹585 Cr
Mar 2026₹524 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹10.00 Cr
Mar 2018₹11.00 Cr
Mar 2019₹14.00 Cr
Mar 2020₹24.00 Cr
Mar 2021₹66.00 Cr
Mar 2022₹36.00 Cr
Mar 2023₹68.00 Cr
Mar 2024₹59.00 Cr
Mar 2025₹84.00 Cr
Mar 2026₹37.00 Cr

Quarterly Results

₹ Cr
507944 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
98.01
153
126
174
141
152
138
154
108
175
125
117
120
Expenses
83.55
128
109
148
119
127
117
129
93.98
143
116
111
114
Operating Profit
14.46
25.07
16.68
25.93
21.85
25.3
20.78
24.18
13.55
31.79
9.31
5.62
5.88
OPM %
14.75%
16.36%
13.25%
14.91%
15.5%
16.62%
15.05%
15.75%
12.6%
18.21%
7.43%
4.81%
4.89%
Other Income
1.36
0.79
1.27
12.23
29.06
1.75
1.65
6.49
1.4
1.55
3.82
5.59
1.45
Interest
0.7
0.65
1.2
2.45
1.01
0.85
0.94
1.39
1.29
1.33
1.36
1.1
1.49
Depreciation
2.35
2.39
3.45
4.78
2.95
2.95
3.01
6.03
3.73
3.73
3.78
6.3
4.97
PBT
12.77
22.82
13.3
30.93
46.95
23.25
18.48
23.25
9.93
28.28
7.99
3.81
0.87
Tax %
25.29%
25.5%
24.44%
27.09%
25.18%
24.99%
25.81%
22.37%
25.48%
24.75%
26.03%
39.11%
131.03%
Net Profit
9.54
17.01
10.05
22.55
35.13
17.43
13.71
18.06
7.4
21.28
5.91
2.32
−0.27
EPS (₹)
4.59
8.18
4.83
10.84
16.89
8.38
6.59
8.68
3.56
10.23
2.84
1.12
−0.13

Profit & Loss

₹ Cr
507944 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
334
307
237
247
376
414
510
437
549
551
585
524
537
Expenses
316
297
235
226
345
376
418
385
457
470
492
463
484
Operating Profit
17
10
2
22
31
38
93
52
92
81
92
60
53
OPM %
5%
3.1%
0.9%
9%
8%
9%
18%
12%
17%
15%
16%
12%
10%
Other Income
4
7
2
4
5
9
10
13
19
15
39
12
12
Interest
9
9
9
9
10
9
9
8
7
5
4
5
5
Depreciation
13
11
8
6
4
6
7
9
10
12
15
18
19
PBT
1
−4
−13
10
23
32
87
49
94
80
112
50
41
Tax %
240%
−23%
−25%
−9%
40%
25%
25%
25%
28%
26%
25%
26%
—
Net Profit
−1
−3
−10
11
14
24
66
36
68
59
84
37
29
EPS (₹)
−0.54
−1.53
−5.34
6.09
7.29
12.57
31.54
17.54
32.45
28.38
40.54
17.75
14.06
Div. Payout %
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
0%
0%
6%
7%
4%
2%
3%
2%
3%
2%
6%
—

Balance Sheet

₹ Cr
507944 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
2
2
2
2
2
2
3
3
3
3
10
10
Reserves
65
62
54
66
78
100
169
204
271
330
377
414
Borrowings
84
81
81
81
75
70
51
64
43
64
65
63
Other Liabilities
83
97
73
73
104
97
147
124
129
168
151
213
Total Liabilities
234
242
210
223
260
269
369
395
446
564
604
699
Fixed Assets
54
52
45
51
52
72
80
86
111
185
218
255
CWIP
8
11
13
2
4
1
4
14
24
10
19
27
Investments
5
4
2
1
1
0
4
4
22
22
9
12
Other Assets
168
175
150
168
204
196
281
291
289
347
358
405
Total Assets
234
242
210
223
260
269
369
395
446
564
604
699

Cash Flow

₹ Cr
507944 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−5
10
−7
6
14
41
89
55
27
55
52
78
Investing
−14
−10
0
2
−7
−21
−12
−20
−52
−66
−38
−58
Financing
14
−2
1
0
−5
−8
−19
4
−22
19
−26
−5
Net Cash Flow
−5
−2
−7
9
2
12
59
39
−47
8
−12
15
Free Cash Flow
−20
−2
−11
4
6
19
73
30
−12
−17
−4
16
CFO/EBITDA
−7
109
−312
29
59
123
116
135
57
90
87
154

Ratios

507944 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
53
56
64
73
53
45
49
20
25
33
30
40
Inventory Days
119
147
145
150
131
117
117
144
150
184
197
251
Days Payable
75
105
81
77
68
78
110
87
107
109
92
134
Cash Conversion Cycle
97
97
128
146
116
85
56
77
68
108
135
156
Working Capital Days
11
15
16
19
27
25
18
1
28
29
54
40
ROCE %
7%
3%
−3%
14%
21%
25%
48%
23%
31%
24%
21%
12%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Bajaj Steel Industries insights

60 extracted metrics across FY15–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 56.62%
  • Public 31.09%
  • Others 12.24%
  • FIIs 0.03%
  • DIIs 0.01%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

  • Q1 FY27 concall · Aug 2026
    PPT
  • Concall · May 2026
    PPT
  • Q3 FY26 concall · Feb 2026
    PPT
  • Q2 FY26 concall · Nov 2025
    PPT
  • Q1 FY26 concall · Jul 2025
    PPT

Frequently Asked Questions about Bajaj Steel Industries

What does Bajaj Steel Industries Ltd do?
Incorporated in 1961, Bajaj Steel Industries Ltd manufactures Cotton ginning and Pressing Machineries, Pre fabricated building structure, components and allied products
Where is Bajaj Steel Industries Ltd (BAJAJST) listed?
Bajaj Steel Industries Ltd trades as BAJAJST on the NSE and under code 507944 on the BSE.
Which sector does Bajaj Steel Industries Ltd belong to?
Bajaj Steel Industries Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the PE ratio of Bajaj Steel Industries Ltd?
Bajaj Steel Industries Ltd trades at a PE ratio of 22.31 as of 4 Nov 2026, on earnings per share of ₹14.06, against a book value of ₹203.83 per share.
What is the 52-week high and low of Bajaj Steel Industries Ltd?
Over the last 52 weeks Bajaj Steel Industries Ltd has traded between ₹293.5 and ₹620 as of 4 Nov 2026.
Does Bajaj Steel Industries Ltd pay dividends?
Bajaj Steel Industries Ltd has a dividend yield of 0.32%.
What is the Return on Equity (ROE) of Bajaj Steel Industries Ltd?
Bajaj Steel Industries Ltd reported a return on equity of 9.11%. Its debt-to-equity ratio is 0.15.

Company Information

Incorporated in 1961, Bajaj Steel Industries Ltd manufactures Cotton ginning and Pressing Machineries, Pre fabricated building structure, components and allied products

Website bajajngp.com
Listed 20 Dec 2004
Face Value ₹5

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