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Bajaj Steel Industries Ltd

BAJAJST

Bajaj Steel Industries Ltd

BAJAJST
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,716 cr, stock is ranked 1,245
High RiskStock is 4.07x as volatile as Nifty
810.251.81% (-14.90)
810.251.81% (-14.90)

Price Chart

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1D
1W
1M
1Y
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Max
SIP
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,716 cr, stock is ranked 1,245
High RiskStock is 4.07x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,716 cr, stock is ranked 1,245
High RiskStock is 4.07x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
20.635.290.09%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.427.240.54%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Bajaj Steel Industries Limited is a cotton ginning and pressing machinery manufacturer in India. It also makes master batches.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 8.21%, vs industry avg of 10.63%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.55% to 0.46%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 33.9%, vs industry avg of 23.31%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue314.76240.54251.18381.88423.54521.35450.18568.11566.61637.29
Raw Materialssubtract194.53139.68129.74219.77229.32230.68238.87259.27285.00503.23
Power & Fuel Costsubtract1.971.721.683.023.553.233.304.415.17
Employee Costsubtract37.9430.4527.1841.3645.9544.9948.1458.4766.77
Selling & Administrative Expensessubtract25.0719.2625.5839.0840.0152.3549.9462.6757.52
Operating & Other expensessubtract38.8145.3541.6342.3758.1387.0744.7072.2355.99
Depreciation/Amortizationsubtract11.458.395.863.826.247.068.959.8411.9014.13
Interest & Other Itemssubtract8.739.089.039.758.688.977.587.224.655.51
Taxes & Other Itemssubtract-0.87-3.35-0.979.008.0221.4012.2226.4920.5929.26
EPS-1.53-5.346.097.2912.5733.1317.5432.4628.3840.94
DPS0.000.000.380.500.500.750.500.750.750.75
Payout ratio0.000.000.060.070.040.020.030.020.030.02

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bajaj Steel Industries Ltd29.775.290.09%
Cummins India Ltd56.8114.781.08%
Thermax Limited82.8512.040.25%
AIA Engineering Ltd28.504.850.47%

Price Comparison

Compare BAJAJST with any stock or ETF
Compare BAJAJST with any stock or ETF
BAJAJST
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 5.35%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding48.27%0.00%0.00%0.12%51.61%

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Shareholding History

SepDec '23MarJunSepNov0.07%0.07%0.07%0.07%0.16%0.12%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

BAJAJST has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.09%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.89 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 28, 2024

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Aug 28, 2024

Cash Dividend

Ex DateEx DateSep 8, 2023

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Sep 8, 2023

Cash Dividend

Ex DateEx DateSep 8, 2022

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Sep 8, 2022

Cash Dividend

Ex DateEx DateDec 2, 2021

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Dec 2, 2021

Cash Dividend

Ex DateEx DateAug 13, 2020

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Aug 13, 2020

News & Opinions
Spotlight
Bajaj Steel commences commercial production at new Nagpur-based plant

The plant has an annual installed capacity of about 25,000 million tonnes (MT). Bajaj Steel manufactures cotton processing machinery, equipment and their spare parts, PEBs, electrical panels, fire-fighting equipment, steel doors and heavy engineering equipment. The company is one of the few players with operations across the entire ginning process value chain. The company's consolidated net profit rose 2.47% to Rs 17.43 crore on a 0.64% decline in net sales to Rs 152.22 crore in Q2 FY25 as compared with Q2 FY24. The scrip rose 0.22% to currently trade at Rs 729 on the BSE. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Bajaj Steel Industries wins exports order of Rs 24 cr

Bajaj Steel Industries has received an export order worth Rs 24 crore for Design, manufacturing, supply, supervision of installation, and commissioning of Electrical Panel, Fire Fighting and HVAC Products, to be delivered over a period of 1 year. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bajaj Steel Industries allots 1.56 cr equity shares under bonus issue

Bajaj Steel Industries has allotted 1,56,00,000 equity shares in ratio of 3:1 on 12 November 2024. After the allotment of bonus equity shares, the paid up share capital of the Company stands increased to Rs.10,40,00,000/- divided into 20800000 equity shares of Rs.5/- each. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bajaj Steel Industries to declare Quarterly Result

Bajaj Steel Industries will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bajaj Steel Industries EGM scheduled

Bajaj Steel Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 28 October 2024 .Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Board of Bajaj Steel approves bonus issue of 3:1

The Board of Bajaj Steel Industries at its meeting held on 03 October 2024 has approved bonus issue of equity shares in ratio of 3:1. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Bajaj Steel Industries to consider Bonus Issue

Bajaj Steel Industries will hold a meeting of the Board of Directors of the Company on 3 October 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Bajaj Steel soars on bonus share issue proposal

The announcement was made on Saturday, 28 September 2024. Bajaj Steel manufactures cotton processing machinery, equipment and their spare parts, PEBs, electrical panels, fire-fighting equipment, steel doors and heavy engineering equipment. The company is one of the few players with operations across the entire ginning process value chain. The company's consolidated net profit surged to Rs 35.13 crore in the quarter ended June 2024 as against Rs 9.54 crore during the previous quarter ended June 2023. Sales rose 43.87% to Rs 141.01 crore in Q1 FY25 over Q1 FY24. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Bajaj Steel Industries consolidated net profit rises 268.24% in the June 2024 quarter

Net profit of Bajaj Steel Industries rose 268.24% to Rs 35.13 crore in the quarter ended June 2024 as against Rs 9.54 crore during the previous quarter ended June 2023. Sales rose 43.87% to Rs 141.01 crore in the quarter ended June 2024 as against Rs 98.01 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales141.0198.01 44 OPM %15.5014.75 - PBDT23.3815.12 55 PBT20.4312.77 60 NP35.139.54 268 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Bajaj Steel Industries to announce Quarterly Result

Bajaj Steel Industries will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live