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Bajaj Steel Inds. share price

Bajaj Steel Industries Ltd.

BSE: 507944 SECTOR: Engineering - Industrial Equipments  46k   353   29

3383.00
+62.90 (1.89%)
BSE: Today, 12:54 PM

Price Summary

Today's High

₹ 3469.7

Today's Low

₹ 3345

52 Week High

₹ 3499.75

52 Week Low

₹ 1004.05

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1759.16 Cr.

Enterprise Value

1753.73 Cr.

No. of Shares

0.52 Cr.

P/E

24.66

P/B

5.47

Face Value

₹ 5

Div. Yield

0.09 %

Book Value (TTM)

₹  618.94

CASH

61.66 Cr.

DEBT

56.23 Cr.

Promoter Holding

48.27 %

EPS (TTM)

₹  137.2

Sales Growth

0.86%

ROE

17.62 %

ROCE

21.83%

Profit Growth

-16.48 %

* 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 Year0.86%
3 Year0.73%
5 Year8.22%

Profit Growth

1 Year-16.48%
3 Year-6.88%
5 Year41.96%

ROE%

1 Year17.62%
3 Year20.71%
5 Year26.02%

ROCE %

1 Year21.83%
3 Year25.61%
5 Year29.1%

Debt/Equity

0.1921

Price to Cash Flow

41.66

Interest Cover Ratio

14.8474

CFO/PAT (5 Yr. Avg.)

1.03203694350242

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2024 48.27 0
Mar 2024 48.39 0
Dec 2023 47.78 0
Sep 2023 47.69 0
Jun 2023 47.69 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 20.7114586805484% over the past 3 years.
  • Company has been maintaining healthy ROCE of 25.6077099829312% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 14.8474.
  • The company has an efficient Cash Conversion Cycle of -2.10420000000001 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.03203694350242.

 Limitations

  • The company has shown a poor profit growth of -6.87940911804801% for the Past 3 years.
  • The company has shown a poor revenue growth of 0.733114173445593% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 76.37 128.01 122.99 166.35 115.26
Total Expenditure 67.56 111.21 107.77 141.26 100.15
Operating Profit 8.81 16.79 15.22 25.08 15.11
Other Income 1.25 0.64 1.26 11.51 1.19
Interest 0.7 0.65 0.95 2.45 1.01
Depreciation 2.29 2.29 2.29 4.63 2.86
Exceptional Items 0 0 0 0 26.52
Profit Before Tax 7.08 14.5 13.24 29.51 38.95
Tax 1.76 3.64 3.38 8.05 9.79
Profit After Tax 5.33 10.86 9.87 21.46 29.16
Adjusted EPS (Rs) 10.24 20.89 18.97 41.26 56.08

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 389.76 483 412.31 489.52 493.71
Total Expenditure 355.1 397.43 365.46 411.67 427.91
Operating Profit 34.66 85.58 46.85 77.85 65.8
Other Income 7.26 8.17 12.61 14.32 14.67
Interest 8.64 8.92 7.53 7.22 4.65
Depreciation 6.13 6.9 8.76 9.53 11.49
Exceptional Items 0 0 0 4.56 0
Profit Before Tax 27.16 77.93 43.17 79.99 64.33
Tax 8 19.1 10.73 23.11 16.82
Net Profit 19.16 58.83 32.44 56.88 47.5
Adjusted EPS (Rs.) 40.77 113.14 62.38 109.38 91.36

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 2.35 2.6 2.6 2.6 2.6
Total Reserves 93.93 156.75 188.36 244.01 290.09
Borrowings 36.67 34.78 26.7 8.97 18.9
Other N/C liabilities 5.04 7.69 10.35 8.23 10
Current liabilities 114.43 145.98 124.74 126.53 180.38
Total Liabilities 252.42 347.8 352.75 390.34 501.97
Assets
Net Block 69.96 76.58 82.78 107.39 179.42
Capital WIP 0.9 3.91 13.83 23.23 9.14
Intangible WIP 0 0 0 0 0
Investments 10.28 10.28 10.28 10.28 10.28
Loans & Advances 0.82 0.78 0.63 1.51 1.37
Other N/C Assets 0.05 0 3.07 1.61 9.2
Current Assets 170.41 256.25 242.17 246.32 292.56
Total Assets 252.42 347.8 352.75 390.34 501.97
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 27.16 77.93 43.17 75.43 64.33
Adjustment 14.63 11.09 12.04 6.47 12.94
Changes in Assets & Liabilities 11.22 21.2 5.98 -41.67 -16.5
Tax Paid -5.64 -17.7 -12.23 -21.87 -13.89
Operating Cash Flow 38.73 83.6 41.43 15.7 42.23
Investing Cash Flow -19.51 -9.86 -19.94 -33.73 -65.32
Financing Cash Flow -7.72 -19.44 4.32 -22.28 19.12
Net Cash Flow 11.5 54.3 25.81 -40.31 -3.98

Corporate Actions

Investors Details

PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
promoters 47.69 47.69 47.78 48.39 48.27
bina bajaj 1.72 1.72 1.81 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 6.94 8.79 14.61 14.76 14.76
sidhi vinimay private lim... - 14.57 14.57 15.19 15.19
sunil bajaj 3.33 3.52 3.33 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
sarvesh ramdas mutha 0.02 0.02 0.02 0.02 -
sundeep goyal 0.10 0.10 0.10 0.10 -
gayatridevi hargovind baj... 5.97 5.97 0.15 - -
ruia pawan 0.01 0.01 - - -
hargovind gangabisan baja... 1.86 - - - -
sidihi vinimay private li... 14.57 - - - -
sunil bajaj (huf) 0.19 - - - -
vidarbha tradelink privat... 8.04 - - - -
PARTICULARS Jun 2023% Sep 2023% Dec 2023% Mar 2024% Jun 2024%
investors 52.31 52.31 52.22 51.61 51.73
bajaj exports private lim... 8.22 8.22 8.22 8.22 8.22
bajaj global limited 2.60 1.88 1.88 1.88 1.88
investor education and pr... - - - - 2.99
iepf - - - 2.99 -
investor education and pr... - 2.99 2.99 - -
investor education and pr... 3.00 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Bajaj Steel Inds. - Quaterly Results1 Aug 2024, 4:36PM Bajaj Steel Inds. - Quaterly Results1 Aug 2024, 4:36PM Bajaj Steel Inds. - Quaterly Results1 Aug 2024, 4:36PM 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 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 2000. 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 14.5770576063451 which is low and comparatively undervalued .

  • Share Price: - The current share price of Bajaj Steel Inds. is Rs 2000. 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 10.6476 % which is a bad 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 1.6219 .

  • 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 17.6175 % .(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 0.1921 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Bajaj Steel Inds. has reported revenue growth of 0.8551 % 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 13.327436431752 %.

  • 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 0.15 %.

  • 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 137.2019 . 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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