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Bajaj Steel Industries Ltd

(507944)

₹763.20.01%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Bajaj Steel Industries Ltd Performance

  • Day's Low

    Day's High

    ₹761
    ₹778.9
  • 52 Week's Low

    52 Week's High

    ₹257.65
    ₹982
1 Month Return+ 0.12 %
3 Month Return+ 51.75 %
1 Year Return+ 192.38 %
Previous Close₹763.10
Open₹771.95
Volume19.93K
Upper Circuit-
Lower Circuit-
Market Cap₹1,587.25Cr

Bajaj Steel Industries Ltd Key Statistics

P/E Ratio18.68
PEG Ratio1.88
Market Cap₹1,587.25 Cr
P/B Ratio2.05
EPS28.3725
Dividend Yield0.26
SectorCapital Goods-Non Electrical Equipment
ROE17.62

Bajaj Steel Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,587.25 Cr471.82%0.60₹59 Cr₹550 Cr
NA₹218.94 Cr90.62%0.60-₹2 Cr₹123 Cr
NA₹364.15 Cr695.53%0.56NANA
NA₹1,853.80 Cr281.93%0.55-₹8 Cr₹353 Cr
NA₹2,414.43 Cr101.06%0.58NANA

About Bajaj Steel Industries Ltd

Bajaj Steel Industries Ltd. was incorporated in 1961 and is a part of the larger Bajaj Group of Industries. They are engaged in Cotton Ginning and Pressing Machineries, Prefabricated Building Structure components and Master Batches manufacturing. The company has world-class engineering setup in various plants across Nagpur and Mumbai and exports to countries like Bangladesh, Kenya, Madagascar, etc. Over the years, they’ve expanded their reach by increasing production capacity of ginning machines, adding humidification systems, parts and turnkey projects for cotton ginning/pressing plants, acquiring businesses from USA, launching new products, and completing turnkey projects in Benin and Uganda. In 2021, it further expanded the Electrical Panel Division in Nagpur and commenced everyday production in Hingna.

Share Price: ₹763.20 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,587.25Cr as of today
Revenue: ₹152.22Cr as on September 2024 (Q3 24)
Net Profit: ₹17.43Cr as on September 2024 (Q3 24)
Chairperson Name: Rohit Bajaj
OrganisationBajaj Steel Industries Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Bajaj Steel Industries Ltd

  • Bajaj Steel Reports Strong Q3 Growth in Sales and Profit - 14 Nov, 2024

    Bajaj Steel's standalone net sales for September 2024 reached Rs 137.69 crore, up 7.57% YoY. Net profit increased by 31.35% to Rs 14.26 crore, with EBITDA rising 30.16%. The EPS also grew to Rs 27.73. Shares closed at Rs 897.05, reflecting significant returns of 184.89% over six months and 222.78% over twelve months.

  • Bajaj Steel Industries Announces 3:1 Bonus Issue - 10 Nov, 2024

    Bajaj Steel Industries is set to issue a 3:1 bonus share, with the record date on November 12, 2024. The stock has surged 2621% over five years and delivered a 166% return in the last six months. The company has a market cap of Rs 1,791.84 crore and is known for its consistent dividend payments.

  • Bajaj Steel Announces 3:1 Bonus Shares - 08 Nov, 2024

    Bajaj Steel Industries has approved a 3:1 bonus share issuance, with a record date set for November 12, 2024. The company will issue approximately 1.56 billion new shares, capitalizing Rs 780 million from the Securities Premium Account. This marks the company's first bonus issue, following a strong Q1FY25 with a net profit of Rs 351.6 million, up from Rs 96 million in Q1FY24.

  • Bajaj Steel Announces 3:1 Bonus Shares Record Date - 30 Oct, 2024

    Bajaj Steel Industries has set November 12, 2024, as the record date for a 3:1 bonus share issuance. The stock rose significantly, trading 6.39% higher following the announcement, indicating bullish market sentiment.

  • Bajaj Steel Industries Announces Bonus Share Record Date - 29 Oct, 2024

    Bajaj Steel Industries has set November 12, 2024, as the record date for a bonus issue, offering shareholders three new equity shares for every one held, in a 3:1 ratio.

Insights on Bajaj Steel Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, Bajaj Steel Inds stock has moved up by 51.8%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, Bajaj Steel Inds has outperformed top 5 stocks with highest market-cap in Heavy Machinery & Vehicles

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.07% to 0.16% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jupiter Wagons Ltd has given 1169.4% return, outperforming this stock by 919.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 48.27% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 35.13 Cr → 17.43 Cr (in ₹), with an average decrease of 50.4% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 51.66% to 51.57% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 186.12 Cr → 153.97 Cr (in ₹), with an average decrease of 9.1% per quarter

Bajaj Steel Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹153.20Cr (-)₹125.86Cr (↓17.85%)₹173.89Cr (↑38.16%)₹141.01Cr (↓18.91%)₹152.22Cr (↑7.95%)
Net Income₹17.01Cr (-)₹10.05Cr (↓40.92%)₹22.55Cr (↑124.38%)₹35.13Cr (↑55.79%)₹17.43Cr (↓50.38%)
Net Profit Margin11.10% (-)7.99% (↓28.02%)12.97% (↑62.33%)24.91% (↑92.06%)11.45% (↓54.03%)
Value in ₹ crore
Details2021202220232024
Total Assets₹354.70Cr (-)₹359.27Cr (↑1.29%)₹393.87Cr (↑9.63%)₹507.72Cr (↑28.91%)
Total Liabilities₹195.35Cr (-)₹168.31Cr (↓13.84%)₹147.26Cr (↓12.51%)₹215.03Cr (↑46.02%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹38.73Cr (-)₹83.60Cr (↑115.85%)₹41.43Cr (↓50.44%)₹15.70Cr (↓62.10%)₹42.23Cr (↑168.98%)
0

Bajaj Steel Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
48.27%
0.00
Foreign Institutions
0.16%
143.93
Mutual Funds
0%
0.00
Retail Investors
51.57%
-0.18
Others
0%
2.63

Bajaj Steel Industries Ltd Key Indicators

Details20202021202220232024
Return On Equity %21.9246.0318.5222.4617.62
Details20202021202220232024
Return On Assets %9.218.4910.1617.1411.62
Details20202021202220232024
Book Value Per Share (₹)54.2482.4299.43131.53159.68
Details20202021202220232024
Earning Per Share (₹)12.5831.5417.5532.4628.37

Bajaj Steel Industries Ltd Valuation

Bajaj Steel Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.51x)

March 24, 2020

Today (18.68x)

November 22, 2024

Industry (61.61x)

November 22, 2024

Highest (22.44x)

November 12, 2024

LowHigh

Bajaj Steel Industries Ltd Earnings and Dividends

  • Bajaj Steel Industries Ltd Earnings Results

    Bajaj Steel Industries Ltd’s net profit jumped 2.47% since last year same period to ₹17.43Cr in the Q2 2024-2025. On a quarterly growth basis, Bajaj Steel Industries Ltd has generated -50.38% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Bajaj Steel Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Bajaj Steel Industries Ltd has declared dividend of ₹3 - translating a dividend yield of 0.39%.

    Read More about Dividends

Bajaj Steel Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Bajaj Steel Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Bajaj Steel Industries Ltd

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Bajaj Steel Industries Ltd (507944) share price today is ₹763.2

Bajaj Steel Industries Ltd is not listed on NSE

Bajaj Steel Industries Ltd is listed on BSE

  • Today’s highest price of Bajaj Steel Industries Ltd is ₹778.9.
  • Today’s lowest price of Bajaj Steel Industries Ltd is ₹761.

PE Ratio of Bajaj Steel Industries Ltd is 18.68

PE ratio = Bajaj Steel Industries Ltd Market price per share / Bajaj Steel Industries Ltd Earnings per share

Today’s traded volume of Bajaj Steel Industries Ltd(507944) is 19.93K.

Today’s market capitalisation of Bajaj Steel Industries Ltd(507944) is ₹1587.25Cr.

Bajaj Steel Industries Ltd(507944Price
52 Week High
₹982
52 Week Low
₹257.65

Bajaj Steel Industries Ltd(507944) share price is ₹763.2. It is down -22.28% from its 52 Week High price of ₹982

Bajaj Steel Industries Ltd(507944) share price is ₹763.2. It is up 196.22% from its 52 Week Low price of ₹257.65

Bajaj Steel Industries Ltd(507944Returns
1 Day Returns
0.1%
1 Month Returns
0.12%
3 Month Returns
51.75%
1 Year Returns
192.38%