Bajaj Steel Inds

Which are the latest news on Bajaj Steel Inds?

Should I buy, sell or hold Bajaj Steel Industries Ltd?

Why is Bajaj Steel Industries Ltd falling/rising?

As of 23-Jun, Bajaj Steel Industries Ltd's stock is at Rs 398.70, down 2.51%, and has underperformed significantly with a 40.60% decline over the past year. Key issues include a 23.93% drop in net sales and negative quarterly results, leading to a lack of investor confidence.

As of 23-Jun, Bajaj Steel Industries Ltd's stock price is falling, currently at Rs 398.70, reflecting a decrease of Rs 10.25 or 2.51%. The stock has been underperforming, having lost 6.04% over the last two days and is currently trading lower than its 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. <BR><BR>In the past month, the stock has declined by 2.48%, while the benchmark Sensex has gained 1.04%, further highlighting its underperformance. Over the past year, Bajaj Steel's stock has plummeted by 40.60%, significantly worse than the market's decline of 6.96%. This poor performance is attributed to a substantial drop in net sales, which fell by 23.93%, and negative results reported for the last two consecutive quarters, including a staggering 87.2% decrease in profit after tax.<BR><BR>Despite being net-debt free and having an attractive valuation with a return on equity of 8.7%, the stock is trading at a premium compared to its peers, which may deter investors. Additionally, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's future performance. Overall, the combination of declining sales, poor quarterly results, and underperformance relative to the market are key factors contributing to the stock's current downward trajectory.

How big is Bajaj Steel Inds?

As of 10th June, Bajaj Steel Industries Ltd has a market capitalization of 764.00 Cr, with net sales of 524.18 Cr and a net profit of 36.91 Cr reported in the latest four quarters. The company has shareholder's funds of 387.42 Cr and total assets of 603.60 Cr.

As of 10th June, Bajaj Steel Industries Ltd has a market capitalization of 764.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Bajaj Steel Industries Ltd reported net sales of 524.18 Cr and a net profit of 36.91 Cr.<BR><BR>For the latest annual period, the company reported shareholder's funds of 387.42 Cr and total assets of 603.60 Cr.

Who are in the management team of Bajaj Steel Inds?

The management team of Bajaj Steel Industries includes Rohit Bajaj (Chairman), Sunil Bajaj (Executive Director), M K Sharma Prasad Sharma (Whole Time Director), and several independent non-executive directors, along with Bhanupriya N Thakur (Non-Executive Director) and Rachit Rakesh Jain (Company Secretary). They are responsible for the company's strategic direction and regulatory compliance.

The management team of Bajaj Steel Industries includes the following key individuals:<BR><BR>1. **Rohit Bajaj** - Chairman / Executive Director<BR>2. **Sunil Bajaj** - Executive Director<BR>3. **M K Sharma Prasad Sharma** - Executive Director / Whole Time Director<BR>4. **Alok Goenka** - Independent Non-Executive Director<BR>5. **Rajiv Ranka** - Independent Non-Executive Director<BR>6. **Mohan Agrawal** - Independent Non-Executive Director<BR>7. **Raja Iyer** - Independent Non-Executive Director<BR>8. **Deepak Batra** - Independent Non-Executive Director<BR>9. **Bhanupriya N Thakur** - Non-Executive & Non-Independent Director<BR>10. **Rachit Rakesh Jain** - Company Secretary & Compliance Officer<BR><BR>This team plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulatory standards.

Who are the peers of the Bajaj Steel Inds?

Bajaj Steel Inds' peers include Eimco Elecon(I), Kabra Extrusion, and Forbes Precision, among others. While Eimco Elecon(I) and Airfloa Rail show strong growth and excellent management, Bajaj Steel Inds has a below-average growth rate and the lowest 1-year return at -51.12%.

Peers: The peers of Bajaj Steel Inds are Eimco Elecon(I), Kabra Extrusion, Forbes Precision, Indef Manufactur, Airfloa Rail, Cellecor Gadgets, Ganesh Green, OSEL Devices, Z-Tech (India), and Sahasra Electro.<BR><BR>Quality Snapshot: Excellent management risk is observed at Eimco Elecon(I), Forbes Precision, Indef Manufactur, and Bajaj Steel Inds, while Average management risk is found at Kabra Extrusion, Airfloa Rail, Cellecor Gadgets, Ganesh Green, OSEL Devices, Z-Tech (India), and Sahasra Electro. Growth is rated as Good for Eimco Elecon(I) and Excellent for Airfloa Rail, Cellecor Gadgets, Ganesh Green, OSEL Devices, and Z-Tech (India), while Bajaj Steel Inds, Kabra Extrusion, Forbes Precision, Indef Manufactur, and Sahasra Electro show Below Average growth. Capital Structure is rated as Excellent for Eimco Elecon(I), Forbes Precision, Indef Manufactur, Bajaj Steel Inds, Ganesh Green, and Z-Tech (India), while Good is noted for Kabra Extrusion and Airfloa Rail, and Average for Cellecor Gadgets and OSEL Devices.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Airfloa Rail (N/A), while Bajaj Steel Inds has the lowest at -51.12%. Bajaj Steel Inds' 1-year return is significantly worse than that of its peers. Additionally, the six-month return is negative for Bajaj Steel Inds, Indef Manufactur, and Airfloa Rail.

What does Bajaj Steel Inds do?

Bajaj Steel Industries Ltd is a micro-cap company specializing in steel re-rolling and cotton ginning machinery, with a market cap of INR 764 Cr. As of March 2026, it reported net sales of 117 Cr and a net profit of 2 Cr.

Overview:<BR>Bajaj Steel Industries Ltd is a micro-cap company operating in the industrial manufacturing sector, primarily involved in steel re-rolling and the production of cotton ginning machinery.<BR><BR>History:<BR>Bajaj Steel Industries Ltd was incorporated on February 14, 1961, as a private limited company and was promoted by Hargovind Bajaj. The company transitioned to a public limited company on October 4, 1985. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 117 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 764 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 86<BR>- Dividend Yield: 0.27%<BR>- Debt Equity: -0.12<BR>- Return on Equity: 8.71%<BR>- Price to Book: 1.84<BR><BR>Contact Details:<BR>Address: C-108 MIDC Industrial Area, Hingna Nagpur Maharashtra : 440028<BR>Tel: 91-712-2720071-80<BR>Email: cs@bajajngp.com<BR>Website: http://www.bajajngp.com

Are Bajaj Steel Industries Ltd latest results good or bad?

Bajaj Steel Industries Ltd's latest results are concerning, showing an 87.15% decline in net profit and a 23.93% drop in revenue year-on-year, alongside the lowest operating margin in eight quarters. These indicators suggest significant operational challenges, warranting caution for investors.

The latest results for Bajaj Steel Industries Ltd are concerning and indicate a significant deterioration in performance. In the fourth quarter of FY26, the company reported a net profit of ₹2.32 crore, which is a staggering 87.15% decline year-on-year. Revenue also fell sharply, down 23.93% to ₹116.76 crore compared to the same quarter last year. <BR><BR>Moreover, the operating margin has dropped to 4.81%, the lowest in eight quarters, down from 15.75% in the previous year. This decline reflects severe operational stress and raises questions about the company's pricing power and cost management. The profit after tax margin has also shrunk to just 1.99%, down from 11.77% a year ago.<BR><BR>Overall, these results suggest that Bajaj Steel Industries is facing significant challenges, with collapsing profits, declining revenues, and compressed margins. The company's reliance on other income to support its profits further complicates the outlook, indicating a potential operational crisis. Investors should approach the stock with caution given these troubling indicators.

When is the next results date for Bajaj Steel Industries Ltd?

The next results date for Bajaj Steel Industries Ltd is 27 May 2026.

The next results date for Bajaj Steel Industries Ltd is scheduled for 27 May 2026.

Is Bajaj Steel Inds technically bullish or bearish?

As of December 2, 2025, Bajaj Steel Inds is in a bearish trend, supported by bearish daily moving averages and Bollinger Bands, despite some mixed signals from the MACD and KST.

As of 2 December 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish, with a moderate strength indicated by several key factors. The daily moving averages are bearish, and both the weekly and monthly Bollinger Bands confirm a bearish outlook. The MACD shows a mildly bullish signal on the weekly timeframe but is mildly bearish on the monthly, suggesting mixed signals. The KST is also mildly bullish weekly but bearish monthly, further complicating the overall picture. The Dow Theory indicates a mildly bearish stance on the weekly timeframe, while the monthly shows no trend. Overall, the bearish indicators outweigh the mildly bullish signals, leading to a bearish conclusion for Bajaj Steel Inds.

How has been the historical performance of Bajaj Steel Inds?

Bajaj Steel Inds has shown consistent growth in net sales and profit, with net sales reaching 584.79 Cr in March 2025, up from 550.96 Cr in March 2024. The company reported an increase in profit before tax to 111.93 Cr and profit after tax to 84.33 Cr in the same period, despite a slight decline in operating profit.

Answer:<BR>The historical performance of Bajaj Steel Inds shows a consistent growth trend in net sales and profit over the years, with a notable increase in the latest fiscal year.<BR><BR>Breakdown:<BR>Bajaj Steel Inds reported net sales of 584.79 Cr in March 2025, up from 550.96 Cr in March 2024 and 549.14 Cr in March 2023, indicating a steady growth trajectory. The total operating income followed a similar pattern, reaching 584.79 Cr in March 2025. The company's operating profit (PBDIT) was 104.54 Cr in March 2025, slightly down from 106.49 Cr in March 2024, but significantly higher than the 65.23 Cr recorded in March 2022. Profit before tax also increased to 111.93 Cr in March 2025 from 79.61 Cr in March 2024, while profit after tax rose to 84.33 Cr from 59.02 Cr in the previous year. The total assets of the company grew to 603.60 Cr in March 2025, compared to 564.16 Cr in March 2024, reflecting a solid asset base. Total liabilities also increased to 603.60 Cr in March 2025 from 564.16 Cr in March 2024, with total debt decreasing to 0.00 Cr in March 2025 from 51.19 Cr in March 2024. Cash flow from operating activities was 52.00 Cr in March 2025, showing a slight decline from 55.00 Cr in March 2024, while net cash outflow was recorded at -11.00 Cr in March 2025, down from a positive inflow of 7.00 Cr in March 2024. Overall, Bajaj Steel Inds has demonstrated resilience and growth in its financial performance over the years.

Is Bajaj Steel Inds overvalued or undervalued?

As of June 16, 2025, Bajaj Steel Industries is considered undervalued with a PE ratio of 22.45 and an attractive valuation grade, despite a year-to-date return of -17.78%, indicating potential for growth compared to its peers.

As of 16 June 2025, Bajaj Steel Industries has moved from a fair to an attractive valuation grade. The company appears to be undervalued, with a PE ratio of 22.45, an EV to EBITDA ratio of 15.46, and a ROCE of 21.22%. In comparison to its peers, Bajaj Steel's valuation metrics are significantly more favorable; for instance, LMW has a PE ratio of 169.04 and an EV to EBITDA of 112.29, while Integra Engineering shows a PE of 38.54 and an EV to EBITDA of 23.77.<BR><BR>Despite recent underperformance relative to the Sensex, with a year-to-date return of -17.78% compared to the Sensex's 4.68%, the long-term performance remains strong, with a 3-year return of 447.17%. This indicates that while the short-term outlook may be challenging, the overall valuation suggests that Bajaj Steel Industries is positioned for potential growth, reinforcing its status as undervalued in the current market.

Who are the top shareholders of the Bajaj Steel Inds?

The top shareholders of Bajaj Steel Industries include Sidhi Vinimay Private Limited with 15.19%, Bajaj Exports Private Limited with 8.22%, and individual investors holding 30.68%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Bajaj Steel Industries include Sidhi Vinimay Private Limited, which holds the highest promoter stake at 15.19%. The highest public shareholder is Bajaj Exports Private Limited, with a holding of 8.22%. Additionally, individual investors collectively own 30.68% of the company. There are also two foreign institutional investors (FIIs) that hold a combined 0.07% of the shares. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

What is the bonus history of the Bajaj Steel Inds?

Bajaj Steel Industries Ltd has announced a bonus issue of 3:1, effective November 12, 2024, meaning shareholders will receive three additional shares for every one share held. The record date for this bonus is also November 12, 2024.

Bajaj Steel Industries Ltd has a recent bonus issue with a ratio of 3:1, which is set to take effect on November 12, 2024. This means that for every one share held, shareholders will receive three additional shares. The record date for this bonus issue is also November 12, 2024. If you have any more questions about the company or its financial activities, feel free to ask!

Has Bajaj Steel Inds declared dividend?

Yes, Bajaj Steel Industries Ltd has declared a 60% dividend, amounting to ₹3 per share, with an ex-date of August 28, 2024. Despite this declaration, the company has not provided dividend returns in recent periods, although it has shown significant price appreciation over the years.

Bajaj Steel Industries Ltd has declared a 60% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 60%<BR>- Amount per share: 3<BR>- Ex-date: 28 Aug 2024<BR><BR>Dividend Yield: 0.1%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -16.69%, with no dividend return, resulting in a total return of -16.69%.<BR><BR>Over the past year, the price return was 102.03%, with no dividend return, leading to a total return of 102.03%.<BR><BR>In the 2-year period, the price return was 129.77%, with no dividend return, yielding a total return of 129.77%.<BR><BR>For the 3-year period, the price return was 469.51%, with no dividend return, resulting in a total return of 469.51%.<BR><BR>In the last 4 years, the price return was 396.16%, with no dividend return, leading to a total return of 396.16%.<BR><BR>Over the past 5 years, the price return was 2967.08%, with no dividend return, resulting in a total return of 2967.08%.<BR><BR>Overall, while Bajaj Steel Industries Ltd has declared a dividend, the dividend returns have been non-existent over various periods. However, the company has shown significant price appreciation over the years, indicating strong overall performance despite the lack of dividend returns in the past.