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Bajaj Steel Inds. share price

Bajaj Steel Industries Ltd.

BSE: 507944 SECTOR: Engineering - Industrial Equipments  41k   347   29

1796.00
+69.65 (4.03%)
BSE: 02 Jul 04:01 PM

Price Summary

Today's High

₹ 1844

Today's Low

₹ 1651

52 Week High

₹ 1735

52 Week Low

₹ 936.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

933.92 Cr.

Enterprise Value

897.07 Cr.

No. of Shares

0.52 Cr.

P/E

19.66

P/B

3.19

Face Value

₹ 5

Div. Yield

0.17 %

Book Value (TTM)

₹  562.86

CASH

73.23 Cr.

DEBT

36.38 Cr.

Promoter Holding

48.39 %

EPS (TTM)

₹  91.35

Sales Growth

14.88%

ROE

26 %

ROCE

32.83%

Profit Growth

75.34 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year14.88%
3 Year6.72%
5 Year15.11%

Profit Growth

1 Year75.34%
3 Year43.71%
5 Year44.08%

ROE%

1 Year26%
3 Year30.18%
5 Year24.7%

ROCE %

1 Year32.83%
3 Year33.76%
5 Year28.24%

Debt/Equity

0.1475

Price to Cash Flow

59.48

Interest Cover Ratio

12.0816685600288

CFO/PAT (5 Yr. Avg.)

1.10641715707859

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 48.39 0
Dec 2023 47.78 0
Sep 2023 47.69 0
Jun 2023 47.69 0
Mar 2023 47.69 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 43.7084290524557% for the Past 3 years.
  • The company has significantly decreased its debt by 20.9122 Cr.
  • Company has been maintaining healthy ROE of 30.1814787220136% over the past 3 years.
  • Company has been maintaining healthy ROCE of 33.7625442974559% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 12.0816685600288.
  • Company’s PEG ratio is 0.260958980762205.
  • The company has an efficient Cash Conversion Cycle of -4.8369257953931 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.10641715707859.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.54806203592556.

 Limitations

  • The company has shown a poor revenue growth of 6.71547321345978% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 108.52 76.37 128.01 122.99 166.35
Total Expenditure 90.87 67.66 111.21 107.77 141.26
Operating Profit 17.65 8.71 16.79 15.22 25.08
Other Income 10.39 1.25 0.64 1.26 11.51
Interest 2.7 0.59 0.65 0.95 2.45
Depreciation 3.24 2.29 2.29 2.29 4.63
Exceptional Items 4.56 0 0 0 0
Profit Before Tax 26.66 7.08 14.5 13.24 29.51
Tax 10.73 1.76 3.64 3.38 8.05
Profit After Tax 15.93 5.32 10.86 9.87 21.46
Adjusted EPS (Rs) 30.64 10.24 20.89 18.97 41.26

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 332.54 389.76 483 412.31 473.67
Total Expenditure 305.01 355.1 397.43 365.46 396.63
Operating Profit 27.53 34.66 85.58 46.85 77.04
Other Income 2.88 7.26 8.17 12.61 15.13
Interest 9.56 8.64 8.92 7.53 7.22
Depreciation 3.61 6.13 6.9 8.76 9.53
Exceptional Items 0 0 0 0 4.56
Profit Before Tax 17.24 27.16 77.93 43.17 79.99
Tax 9 8 19.1 10.73 23.11
Net Profit 8.24 19.16 58.83 32.44 56.88
Adjusted EPS (Rs.) 17.53 40.77 113.14 62.38 109.38

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 2.35 2.35 2.6 2.6 2.6
Total Reserves 76.16 93.93 156.75 188.36 244.01
Borrowings 33.99 36.67 34.78 26.7 8.97
Other N/C liabilities 0.76 5.04 7.69 10.35 8.29
Current liabilities 130.53 114.43 145.98 124.74 126.47
Total Liabilities 243.79 252.42 347.8 352.75 390.34
Assets
Net Block 52.28 69.96 76.58 82.78 107.39
Capital WIP 3.84 0.9 3.91 13.83 23.23
Intangible WIP 0 0 0 0 0
Investments 10.28 10.28 10.28 10.28 10.28
Loans & Advances 1.01 0.82 0.78 0.63 0.86
Other N/C Assets 0 0.05 0 3.07 1.61
Current Assets 176.38 170.41 256.25 242.17 246.98
Total Assets 243.79 252.42 347.8 352.75 390.34
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 17.24 27.16 77.93 43.17 75.43
Adjustment 12.92 14.63 11.09 12.04 6.47
Changes in Assets & Liabilities -1.53 11.22 21.2 5.98 -41.67
Tax Paid -4.31 -5.64 -17.7 -12.23 -21.87
Operating Cash Flow 14.76 38.73 83.6 41.43 15.7
Investing Cash Flow -6.55 -19.51 -9.86 -19.94 -33.73
Financing Cash Flow -5.07 -7.72 -19.44 4.32 -22.28
Net Cash Flow 3.14 11.5 54.3 25.81 -40.31

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 47.69 47.69 47.69 47.78 48.39
bina bajaj 1.72 1.72 1.72 1.81 1.81
kumkum bajaj 1.72 1.72 1.72 1.72 1.72
kush bajaj 1.13 1.13 1.13 1.13 1.13
lav bajaj 1.13 1.13 1.13 1.13 1.13
rohit bajaj 2.13 6.94 8.79 14.61 14.76
sarvesh ramdas mutha 0.02 0.02 0.02 0.02 0.02
sidhi vinimay private lim... 14.57 - 14.57 14.57 15.19
sundeep goyal 0.10 0.10 0.10 0.10 0.10
sunil bajaj 3.33 3.33 3.52 3.33 3.33
sunil bajaj huf 0.19 - - 0.19 0.19
varun bajaj 0.96 0.96 0.96 0.96 0.96
vidarbha tradelinks priva... 8.04 - 8.04 8.04 8.04
gayatridevi hargovind baj... 5.97 5.97 5.97 0.15 -
ruia pawan 0.01 0.01 0.01 - -
hargovind gangabisan baja... 6.66 1.86 - - -
sidihi vinimay private li... - 14.57 - - -
sunil bajaj (huf) - 0.19 - - -
vidarbha tradelink privat... - 8.04 - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 52.31 52.31 52.31 52.22 51.61
bajaj exports private lim... 8.22 8.22 8.22 8.22 8.22
bajaj global limited 2.60 2.60 1.88 1.88 1.88
iepf - - - - 2.99
investor education and pr... 3.01 - 2.99 2.99 -
investor education and pr... - 3.00 - - -
dnyanesh lad 1.03 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Bajaj Steel Inds. - Quaterly Results29 May 2024, 5:48PM Bajaj Steel Industries informs about non-applicability of large corporate entity 29 Apr 2024, 2:24PM Bajaj Steel Industries informs about non-applicability of initial disclosure29 Apr 2024, 12:48PM Bajaj Steel Industries informs about credit rating 16 Mar 2024, 11:58AM Bajaj Steel Industries informs about disclosure 29 Feb 2024, 10:06AM Bajaj Steel Industries informs about disclosure22 Feb 2024, 1:57PM Bajaj Steel Inds. - Quaterly Results7 Feb 2024, 3:27PM Bajaj Steel Inds. - Quaterly Results7 Feb 2024, 3:27PM Bajaj Steel Inds. - Quaterly Results7 Feb 2024, 3:27PM Bajaj Steel Industries informs about closure of trading window30 Dec 2023, 3:03PM Bajaj Steel Industries informs about disclosure 13 Dec 2023, 11:06AM Bajaj Steel Industries informs about certificate10 Oct 2023, 10:08AM Bajaj Steel lndustries informs about closure of trading window 29 Sep 2023, 12:08PM Bajaj Steel Industries informs about outcome of AGM21 Sep 2023, 3:25PM Bajaj Steel Industries informs about disclosures5 Sep 2023, 4:52PM Bajaj Steel Industries informs about disclosure4 Sep 2023, 3:09PM Bajaj Steel Industries informs about disclosures 4 Sep 2023, 2:27PM Bajaj Steel Industries informs about newspaper publication30 Aug 2023, 6:15PM Bajaj Steel Inds. - Quaterly Results9 Aug 2023, 1:14PM Bajaj Steel Inds. - Quaterly Results9 Aug 2023, 1:14PM Bajaj Steel Inds. - Quaterly Results9 Aug 2023, 1:14PM Bajaj Steel Inds. - Quaterly Results27 May 2023, 2:35PM Bajaj Steel Industries informs about board meeting20 May 2023, 3:23PM Bajaj Steel Industries sells Superpack division to VSA Business Solutions3 Apr 2023, 11:37AM Bajaj Steel Industries informs about disclosure6 Mar 2023, 4:19PM Bajaj Steel Industries executes slump sale agreement with VSA Business Solutions22 Feb 2023, 11:52AM Bajaj Steel Industries informs about disclosure 21 Feb 2023, 5:11PM Bajaj Steel Industries informs about updates15 Feb 2023, 5:27PM Bajaj Steel Inds. - Quaterly Results14 Feb 2023, 4:54PM Bajaj Steel Industries informs about resignation of director8 Feb 2023, 5:07PM Bajaj Steel Industries informs about certificate 10 Jan 2023, 5:25PM Bajaj Steel Industries informs about disclosure2 Jan 2023, 12:20PM Bajaj Steel Industries informs about disclosure 28 Dec 2022, 10:52AM Bajaj Steel Inds. - Quaterly Results19 Oct 2022, 4:53PM Bajaj Steel Inds. - Quaterly Results19 Oct 2022, 4:53PM Bajaj Steel Inds. - Quaterly Results19 Oct 2022, 4:53PM Bajaj Steel Industries informs about certificate12 Oct 2022, 9:59AM Bajaj Steel Industries informs about change in directorate4 Oct 2022, 4:53PM Bajaj Steel Industries informs about cessation of director1 Oct 2022, 3:20PM Bajaj Steel Industries informs about outcome of AGM22 Sep 2022, 12:41PM Bajaj Steel Industries board to consider dividend 23 May 2022, 4:24PM Bajaj Steel Industries informs about compliance certificate25 Apr 2022, 4:41PM Bajaj Steel Inds. - Quaterly Results10 Feb 2022, 7:22PM Bajaj Steel Inds. - Quaterly Results10 Feb 2022, 7:22PM Bajaj Steel Industries informs about voting results and scrutinizer report.17 Dec 2021, 3:54PM Bajaj Steel Industries informs about book closure12 Nov 2021, 9:35AM Bajaj Steel Industries informs about certificate13 Oct 2021, 12:34PM Bajaj Steel Industries informs about newspaper advertisement2 Jul 2021, 12:44PM Bajaj Steel Industries submits annual secretarial compliance report10 May 2021, 1:15PM Bajaj Steel Industries informs about board meeting25 Jan 2021, 12:29PM

Bajaj Steel Inds. Stock Price Analysis and Quick Research Report. Is Bajaj Steel Inds. an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Bajaj Steel Inds. stock price today is Rs 1796. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Bajaj Steel Inds. . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Bajaj Steel Inds. has a PE ratio of 19.6598280531297 which is high and comparatively overvalued .

  • Share Price: - The current share price of Bajaj Steel Inds. is Rs 1796. One can use valuation calculators of ticker to know if Bajaj Steel Inds. share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bajaj Steel Inds. has ROA of 15.3082520103977 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bajaj Steel Inds. has a Current ratio of 1.95291661724588 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bajaj Steel Inds. has a ROE of 25.996996099317 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bajaj Steel Inds. has a Debt to Equity ratio of 0.1475 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Bajaj Steel Inds. has reported revenue growth of 14.8818039979055 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Bajaj Steel Inds. for the current financial year is 16.2648821901821 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bajaj Steel Inds. is Rs 3 and the yield is 0.167 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Bajaj Steel Inds. is Rs 91.3538 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Bajaj Steel Inds. in Ticker for free. Also, one can get the intrinsic value of Bajaj Steel Inds. by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Bajaj Steel Inds.
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