Bajaj Steel Industries Ltd
BAJAJSTBajaj Steel Industries Ltd
BAJAJST
Price Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
How to use scorecard? Learn more
Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 21.18 | 5.43 | 0.09% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.33 | 7.40 | 0.53% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Bajaj Steel Industries Limited is a cotton ginning and pressing machinery manufacturer in India. It also makes master batches.
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Jyoti CNC Automation Ltd
Carborundum Universal Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 314.76 | 240.54 | 251.18 | 381.88 | 423.54 | 521.35 | 450.18 | 568.11 | 566.61 | 637.29 | ||||||||||
Raw Materials | 194.53 | 139.68 | 129.74 | 219.77 | 229.32 | 230.68 | 238.87 | 259.27 | 285.00 | 503.23 | ||||||||||
| Power & Fuel Cost | 1.97 | 1.72 | 1.68 | 3.02 | 3.55 | 3.23 | 3.30 | 4.41 | 5.17 | |||||||||||
| Employee Cost | 37.94 | 30.45 | 27.18 | 41.36 | 45.95 | 44.99 | 48.14 | 58.47 | 66.77 | |||||||||||
| Selling & Administrative Expenses | 25.07 | 19.26 | 25.58 | 39.08 | 40.01 | 52.35 | 49.94 | 62.67 | 57.52 | |||||||||||
| Operating & Other expenses | 38.81 | 45.35 | 41.63 | 42.37 | 58.13 | 87.07 | 44.70 | 72.23 | 55.99 | |||||||||||
EBITDA | 16.44 | 4.08 | 25.37 | 36.28 | 46.58 | 103.03 | 65.23 | 111.06 | 96.16 | 134.06 | ||||||||||
| Depreciation/Amortization | 11.45 | 8.39 | 5.86 | 3.82 | 6.24 | 7.06 | 8.95 | 9.84 | 11.90 | 14.13 | ||||||||||
| PBIT | 4.99 | -4.31 | 19.51 | 32.46 | 40.34 | 95.97 | 56.28 | 101.22 | 84.26 | 119.93 | ||||||||||
| Interest & Other Items | 8.73 | 9.08 | 9.03 | 9.75 | 8.68 | 8.97 | 7.58 | 7.22 | 4.65 | 5.51 | ||||||||||
| PBT | -3.74 | -13.39 | 10.48 | 22.71 | 31.66 | 87.00 | 48.70 | 94.00 | 79.61 | 114.42 | ||||||||||
| Taxes & Other Items | -0.87 | -3.35 | -0.97 | 9.00 | 8.02 | 21.40 | 12.22 | 26.49 | 20.59 | 29.26 | ||||||||||
| Net Income | -2.87 | -10.04 | 11.45 | 13.71 | 23.64 | 65.60 | 36.48 | 67.51 | 59.02 | 85.16 | ||||||||||
| EPS | -1.53 | -5.34 | 6.09 | 7.29 | 12.57 | 33.13 | 17.54 | 32.46 | 28.38 | 40.94 | ||||||||||
| DPS | 0.00 | 0.00 | 0.38 | 0.50 | 0.50 | 0.75 | 0.50 | 0.75 | 0.75 | 0.75 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.06 | 0.07 | 0.04 | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Bajaj Steel Industries Ltd | 30.56 | 5.43 | 0.09% |
| Cummins India Ltd | 56.81 | 14.78 | 1.08% |
| Thermax Limited | 81.05 | 11.78 | 0.26% |
| AIA Engineering Ltd | 28.59 | 4.87 | 0.46% |
Price Comparison
Compare BAJAJST with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 5.35%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Nov 2024
Shareholding History
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
BAJAJST has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.09%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹0.87 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 28, 2024
Dividend/Share
₹3.00
Ex DateEx Date
Aug 28, 2024
Cash Dividend
Ex DateEx DateSep 8, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Sep 8, 2023
Cash Dividend
Ex DateEx DateSep 8, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Sep 8, 2022
Cash Dividend
Ex DateEx DateDec 2, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Dec 2, 2021
Cash Dividend
Ex DateEx DateAug 13, 2020
Dividend/Share
₹2.00
Ex DateEx Date
Aug 13, 2020
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
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
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
Bajaj Steel Industries will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live
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
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
Bajaj Steel Industries will hold a meeting of the Board of Directors of the Company on 3 October 2024.Powered by Capital Market - Live
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
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
Bajaj Steel Industries will hold a meeting of the Board of Directors of the Company on 1 August 2024.Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.21%, vs industry avg of 10.63%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.55% to 0.46%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 33.9%, vs industry avg of 23.32%