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Bajaj Steel Industries Ltd

BAJAJST

Bajaj Steel Industries Ltd

BAJAJST
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,791 cr, stock is ranked 1,193
High RiskStock is 3.90x as volatile as Nifty
3,438.200.89% (-30.80)
3,438.200.89% (-30.80)

Price Chart

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IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,791 cr, stock is ranked 1,193
High RiskStock is 3.90x as volatile as Nifty
Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹1,791 cr, stock is ranked 1,193
High RiskStock is 3.90x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
21.155.390.09%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.987.010.55%

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.

Peers

Compare with peers 
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Forecasts

Price

Revenue

Earnings

Price Forecast

Hmm, looks like data is unavailable here. Please come back after some time

Revenue Forecast

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Earnings Per Share Forecast

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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 10.7%

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 0.57% to 0.48%

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 23.81%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue314.76240.54251.18381.88423.54521.35450.18568.11566.61637.31
Raw Materialssubtract194.53139.68129.74219.77229.32230.68238.87259.27285.00504.44
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/Amortizationsubtract11.458.395.863.826.247.068.959.8411.9013.57
Interest & Other Itemssubtract8.739.089.039.758.688.977.587.224.655.31
Taxes & Other Itemssubtract-0.87-3.35-0.979.008.0221.4012.2226.4920.5929.27
EPS-6.11-21.3624.3629.1750.30132.5370.15129.83113.50162.92
DPS0.000.001.502.002.003.002.003.003.003.00
Payout ratio0.000.000.060.070.040.020.030.020.030.02
See Costs

EPS and DPS in ₹. Other numbers except Payout Ratio in ₹ cr

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2020

Annual report

PDF
FY 2021

Annual report

PDF
FY 2022

Annual report

PDF
FY 2023

Annual report

PDF
FY 2024

Annual report

PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

Valuation

Technical

Forecast

ScreenerCompare valuation on Screener

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bajaj Steel Industries Ltd30.365.390.09%
Cummins India Ltd58.8915.321.04%
Thermax Limited89.5613.020.23%
AIA Engineering Ltd30.065.120.44%

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

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 almost stayed constant

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%0.16%51.57%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.07%0.07%0.07%0.07%0.07%0.16%

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 ₹0.87 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 28, 2024

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
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

1 month 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

1 month 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

1 month 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

1 month 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

3 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

3 months agoCapital Market - Live