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Bajaj Steel Inds

  • Market Cap: Small Cap
  • Industry: Textile - Machinery
  • ISIN: INE704G01024
  • NSEID:
  • BSEID: 507944
INR
809.85
75.35 (10.26%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 31.11 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

734.50870.00

52 Week

300.98988.00
Valuation
Technical
Day's Volume

CASH

31.11 k (223.00%) Volume

Shareholding (Nov 2024)

FII

0.12%

Held by 4 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

48.27%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Company has a low Debt to Equity ratio (avg) at 0 times

 
2

Poor long term growth as Net Sales has grown by an annual rate of 7.59% over the last 5 years

 
3

Flat results in Dec 24

4

Stock is technically in a Mildly Bullish range

5

With ROE of 18.4, it has a Fair valuation with a 4.3 Price to Book Value

6

Despite the size of the company, domestic mutual funds hold only 0% of the company

7

Market Beating performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile - Machinery

stock-summary
Market cap

INR 1,684 Cr (Small Cap)

stock-summary
P/E

22.00

stock-summary
Industry P/E

76

stock-summary
Dividend Yield

0.10%

stock-summary
Debt Equity

-0.08

stock-summary
Return on Equity

18.39%

stock-summary
Price to Book

4.30

Revenue and Profits (1 Year):
Net Sales:
138 Cr
(Quarterly Results - Dec 2024)
Net Profit:
14 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.1%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-0.59%
0%
-0.59%
1 Year
156.82%
0%
156.82%
2 Years
204.86%
0%
204.86%
3 Years
361.49%
0%
361.49%
4 Years
510.23%
0%
510.23%
5 Years
3479.45%
0%
3479.45%

Latest dividend: 3 per share ex-dividend date: Aug-28-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.59%
EBIT Growth (5y)
24.21%
EBIT to Interest (avg)
10.70
Debt to EBITDA (avg)
0.82
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.85
Tax Ratio
25.73%
Dividend Payout Ratio
2.64%
Pledged Shares
0
Institutional Holding
0.08%
ROCE (avg)
40.68%
ROE (avg)
23.57%
Valuation key factors
Factor
Value
P/E Ratio
22
Industry P/E
76
Price to Book Value
4.30
EV to EBIT
18.71
EV to EBITDA
15.98
EV to Capital Employed
4.58
EV to Sales
2.48
PEG Ratio
0.63
Dividend Yield
0.10%
ROCE (Latest)
23.08%
ROE (Latest)
18.39%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Nov 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 4 FIIs (0.12%)

Promoter with highest holding

Sidhi Vinimay Private Limited (15.19%)

Highest Public shareholder

Bajaj Exports Private Limited (8.22%)

Individual Investors Holdings

30.5%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 9.69% vs -21.87% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 36.42% vs -52.53% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "138.05",
          "val2": "125.86",
          "chgp": "9.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.79",
          "val2": "16.68",
          "chgp": "24.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.94",
          "val2": "1.20",
          "chgp": "-21.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "13.71",
          "val2": "10.05",
          "chgp": "36.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.06%",
          "val2": "13.25%",
          "chgp": "1.81%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 16.73% vs 0.06% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 98.00% vs -9.23% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "293.24",
          "val2": "251.21",
          "chgp": "16.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "47.15",
          "val2": "39.43",
          "chgp": "19.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.85",
          "val2": "1.24",
          "chgp": "49.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "26.52",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "52.57",
          "val2": "26.55",
          "chgp": "98.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.08%",
          "val2": "15.70%",
          "chgp": "0.38%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 14.38% vs -8.51% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 81.09% vs -27.41% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "431.29",
          "val2": "377.07",
          "chgp": "14.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "67.94",
          "val2": "56.11",
          "chgp": "21.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.79",
          "val2": "2.44",
          "chgp": "14.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "26.52",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "66.28",
          "val2": "36.60",
          "chgp": "81.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.75%",
          "val2": "14.88%",
          "chgp": "0.87%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 0.33% vs 25.69% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -12.58% vs 85.01% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "550.96",
          "val2": "549.14",
          "chgp": "0.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "80.51",
          "val2": "92.08",
          "chgp": "-12.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.65",
          "val2": "7.22",
          "chgp": "-35.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "4.56",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "59.02",
          "val2": "67.51",
          "chgp": "-12.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.61%",
          "val2": "16.77%",
          "chgp": "-2.16%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
138.05
125.86
9.69%
Operating Profit (PBDIT) excl Other Income
20.79
16.68
24.64%
Interest
0.94
1.20
-21.67%
Exceptional Items
0.00
0.00
Consolidate Net Profit
13.71
10.05
36.42%
Operating Profit Margin (Excl OI)
15.06%
13.25%
1.81%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 9.69% vs -21.87% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 36.42% vs -52.53% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
293.24
251.21
16.73%
Operating Profit (PBDIT) excl Other Income
47.15
39.43
19.58%
Interest
1.85
1.24
49.19%
Exceptional Items
26.52
0.00
Consolidate Net Profit
52.57
26.55
98.00%
Operating Profit Margin (Excl OI)
16.08%
15.70%
0.38%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 16.73% vs 0.06% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 98.00% vs -9.23% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
431.29
377.07
14.38%
Operating Profit (PBDIT) excl Other Income
67.94
56.11
21.08%
Interest
2.79
2.44
14.34%
Exceptional Items
26.52
0.00
Consolidate Net Profit
66.28
36.60
81.09%
Operating Profit Margin (Excl OI)
15.75%
14.88%
0.87%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 14.38% vs -8.51% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 81.09% vs -27.41% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
550.96
549.14
0.33%
Operating Profit (PBDIT) excl Other Income
80.51
92.08
-12.57%
Interest
4.65
7.22
-35.60%
Exceptional Items
0.00
4.56
-100.00%
Consolidate Net Profit
59.02
67.51
-12.58%
Operating Profit Margin (Excl OI)
14.61%
16.77%
-2.16%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 0.33% vs 25.69% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -12.58% vs 85.01% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Bajaj Steel Industries Ltd stock-summary
stock-summary
Bajaj Steel Industries Ltd
Small Cap
Textile - Machinery
Bajaj Steel Industries Limited, a significant part of Bajaj Group of Industries, is an India-based company. The Company is engaged in manufacturing of Cotton Ginning and Pressing Machineries, Pre fabricated building structure, Heavy Engineering products, Fire Fighting, Doors, components and allied products, which it handles it from its "Steel division" and manufacturing of Master Batches which it handles from its "Plastic division".
Company Coordinates stock-summary
Company Details
C-108 MIDC Industrial Area, Hingna Nagpur Maharashtra : 440028
stock-summary
Tel: 91-712-2720071-80
stock-summary
http://www.bajajngp.com
stock-summary
cs@bajajngp.com
Registrar Details
Adroit Corporate Services Pvt Ltd, 17-20 Jaferbhoy Industrial Estate , 1st Floor, Makwana Road, Marol Naka, Mumbai
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