Bajaj Steel Industries
- Market cap
- ₹ 625 Cr.
- P/E
- 21.6x
- P/B
- 1.54x
- 52-week range
- 293.5 – 507.8
- ROE
- 9%
- ROCE
- 12%
- Dividend yield
- 0.3%
- Debt / equity
- 0.15
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Bajaj Steel Industries Limited is an India-based company. The Company's principal business activities include the manufacturing of cotton ginning and pressing machinery, prefabricated building structures, heavy engineering products, firefighting, doors, components and allied products. Its segments include Steel and Plastic. It operates through the Multiple Engineering Products segment. Its products and services include Bajaj Ginning & Pressing Machinery, Bajaj-Continental Machinery, cotton trading, Bajaj Power Transmission Products, Specialty conveyors, electrical panels & accessories, structural fabrication, Bajaj Steel Buildings, Bajaj Pre-Fabricated House, firefighting systems, steel, doors and laser cutting machine. Its solutions include fully automatic ginning plant, steel buildings and electrical panels. Bajaj-Continental Machinery products include ginning machinery, IMPCO-delinting and acid-delinting. It has engineering setup in its various plants situated in and around Nagpur.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Bajaj Steel Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)21.6 against a typical 29.6: cheaper than most peers (1st = cheapest).65th of 184
- Sales growth+11.9% against a typical +20.3% from a year earlier.87th of 147
- Profit growth−103.6% against a typical +9.4% from a year earlier.110th of 121
- Share price, 3 months−20.5% against a typical −3.4%.135th of 164
- Size₹ 625 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).63rd of 176
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 27 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Aug 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 194 Cr. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 153 | 126 | 174 | 141 | 152 | 138 | 154 | 108 | 175 | 125 | 117 | 120 |
| Expenses | 128 | 109 | 148 | 119 | 127 | 117 | 129 | 94 | 143 | 116 | 111 | 114 |
| Operating Profit | 25 | 17 | 26 | 22 | 25 | 21 | 24 | 14 | 32 | 9 | 6 | 6 |
| OPM % | 16.4% | 13.3% | 14.9% | 15.5% | 16.6% | 15.1% | 15.8% | 12.6% | 18.2% | 7.4% | 4.8% | 4.9% |
| Other Income | 1 | 1 | 12 | 29 | 2 | 2 | 6 | 1 | 2 | 4 | 6 | 1 |
| Interest | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 3 | 5 | 3 | 3 | 3 | 6 | 4 | 4 | 4 | 6 | 5 |
| Profit before tax | 23 | 13 | 31 | 47 | 23 | 18 | 23 | 10 | 28 | 8 | 4 | 1 |
| Tax % | 25.5% | 24.4% | 27.1% | 25.2% | 25% | 25.8% | 22.4% | 25.5% | 24.8% | 26% | 39.1% | 131% |
| Net Profit | 17 | 10 | 23 | 35 | 17 | 14 | 18 | 7 | 21 | 6 | 2 | −0 |
| EPS in Rs | 8.18 | 4.83 | 10.84 | 16.89 | 8.38 | 6.59 | 8.68 | 3.56 | 10.23 | 2.84 | 1.12 | −0.13 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 6%
- 5 Years
- 1%
- 3 Years
- −2%
- TTM
- −3%
- 10 Years
- 29%
- 5 Years
- −10%
- 3 Years
- −15%
- TTM
- −48%
- 10 Years
- 35%
- 5 Years
- 9%
- 3 Years
- 9%
- TTM
- —
- 10 Years
- 19%
- 5 Years
- 17%
- 3 Years
- 15%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Bajaj Steel Industries | ₹ 304.70 | ₹ 625 Cr. | 21.6x | 1.5x | 9% | — |
| Action Construction Equipment | ₹ 1,000.15 | ₹ 11,954 Cr. | 27.8x | 5.8x | 22.9% | 12.7% |
| Escorts Kubota | ₹ 2,626.00 | ₹ 29,420 Cr. | 24x | 2.6x | 12% | 11.8% |
| ESAB India | ₹ 5,289.90 | ₹ 8,143 Cr. | 44.5x | 20.3x | 52.3% | 13.7% |
| AJAX Engineering | ₹ 552.60 | ₹ 6,324 Cr. | 30.1x | 4.9x | 17.7% | 10.7% |
| Texmaco Rail & Engineering | ₹ 99.20 | ₹ 4,034 Cr. | 23.6x | 2x | 7.6% | 3.9% |
Management
- Rohit Bajaj
- Executive Chairman of the Board, Managing Director
- Mahendra Kumar Sharma
- Chief Executive Officer, Whole Time Director
- Manish K. Sharma
- Chief Financial Officer
- Ashish Bajaj
- Chief Executive Officer - Superpack Division
- Rachit Rakesh Jain
- Compliance Officer, Company Secretary
- Lav Bajaj
- Executive Director
- Sunil Bajaj
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.