Bajaj Steel Industries Ltd.
Snapshot View

1223.65 -49.30 ▼-3.9%

05 August 2021, 04:00:00 P.M.
Volume: 19,434

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.bajajngp.com
Financial Indicators
Market Cap 636.30 Cr.
Earnings per share (EPS) 126.15 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 9.70 Trailing Twelve Months Ending 2021-03
Industry PE 65.17 Trailing Twelve Months Ending 2021-03
Book Value / Share 329.67 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.71 Calculated using Price: 1,223.65
Dividend Yield 0.16 Period Ending 2020-03
No. of Shares Subscribed 0.52 Cr. 5,200,000 Shares
FaceValue 5
Company Profile

Incorporated in 1963 as a private limited company, Bajaj Steel Industries is a dynamic e-commerce company dedicated to providing clients with a full spectrum of Cotton Baling Press and steel industries solutions. The company, promoted by Hargovind Bajaj, was converted into a public limited company in 1985. It made tremendous progress as the manufacturer and exporter of Cotton Baling Press, Double Roller Cotton Gin, Lint Cleaner etc.

The premier IS0/TS 16949 multi-product company is involved in the export of various types of products like Double Roller Ginning Machines, Cotton Boll Openers, Cotton Baling Presses, Pre-Cleaners, Lint Cleaners items etc. The company’s goods are exported worldwide to countries including Bangladesh, Keniya, Madagascar, Myanmar, Nigeria, Sri lanka, Uganda, etc.

Backed by decades of experience and guided by the matchless vision and expertise professionals, Bajaj Industries has always endeavored to offer a number of patented Cotton Ginning Machine. Today Bajaj Steel Industries has become the largest manufacturer of Cotton Baling Press in India with full range.

Bajaj Steel Industries' steel division is the largest in Double Roller Cotton Ginning Equipments in India with a potential over 30,000 DR Ginning machines all over India and abroad specializing in ginning plant automation. The down packing Doorless High Capacity Fully Automatic Cotton Baling Press manufactured by company is world class. They have completed nearly 50 turnkey projects for cotton processing industry in India and abroad.

Products:

Bajaj Steel Industries is promoted by technically qualified, financially sound and professionally experienced technocrats who crave for innovation and value addition. The experts are well knit, highly motivated professionals, who always encourage initiative and gather a deep sense of job satisfaction.

The company is known for its innovative and cost-effective products in the marketplace. These products form the corporate entity’s hallmark and separate it from the rest of the companies. The company is a leading manufacturer of the following products:-

  • Double Roller Ginning Machine
  • Cotton Boll Opener
  • Cotton Baling Press
  • Pre-Cleaner
  • Lint Cleaner
  • Auto Feeder for Ginning Machine
  • Raw Cotton Conveying System
  • Belt Conveyor System
  • Lint Conveying System
  • Screw Conveyor
  • Elevator
  • Fully Automatic Ginning Plant
  • Seed Processing Machinery

Infrastructure:

  • Well equipped machine shop with more than 20 advance CNC machines and all kind of fabrication facility.
  • Committed and trained personnel.
  • All facility of metal cutting, machining, welding, sheet metal work, etc. under one roof
  • Ability to meet the requirements of the customer to his full satisfaction under one roof for machined components.

Company’s aim:

  • To provide products and services which consistently satisfy customer’s needs and to work towards continuous improvement in every functional area as a group and as individuals.
  • To continuously strive to improve the quality of the company’s activities and to do them correctly the first time
  • To have an on-going commitment to foster a quality working environment for its employees.
  • To maintain a leading position in the manufacture of products and services for contributing to the profits of the customer.

Group Companies:

  • Tashi India
  • LUK India

Latest Development:

The board of directors of Bajaj Steel Industries has approved the sale or disposal of its Superpack Division to potential buyers, subject to the shareholders approval.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.87%
1 Week
-5.89%
1 Month
+15.84%
3 Month
+108.19%
6 Month
+252.13%
1 Year
+772.17%
2 Year
+1198.30%
5 Year
+1490.81%
8 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 6.21 16.16 -1.46 -4.37 -15.02 18.46 18.39 25.88
Return on Capital Employed (%) 10.08 19.34 6.44 3.36 -2.18 13.63 21.25 24.62
Return on Assets (%) 1.97 5.11 -0.44 -1.23 -4.10 5.52 5.87 9.10

Balance Sheet View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 61 70 67 65 56 68 81 102
Non Curr. Liab. 5 37 36 41 34 26 35 42
Curr. Liab. 126 115 128 132 112 118 139 121
Minority Int.
Equity & Liab. 191 222 232 238 202 213 255 265
Non Curr. Assets 61 66 68 69 61 55 59 75
Curr. Assets 130 156 164 170 141 158 195 190
Misc. Exp. not W/O
Total Assets 191 222 232 238 202 213 255 265

Profit Loss View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 285 414 336 308 243 248 377 415
Other Income 3 5 4 7 3 4 5 9
Total Income 289 419 340 315 246 251 382 424
Total Expenditure -271 -386 -318 -298 -241 -226 -346 -377
PBIDT 17 33 22 16 5 25 36 47
Interest -7 -7 -9 -9 -9 -9 -10 -9
Depreciation -6 -9 -13 -11 -8 -6 -4 -6
Taxation -1 -7 -2 1 3 1 -9 -8
Exceptional Items
PAT 4 11 -1 -3 -9 11 14 24

Cash Flow View Details

Particulars 8 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 14 3 -5 10 -7 6 14 41
Cash Fr. Inv. -13 -10 -14 -10 0 2 -7 -21
Cash Fr. Finan. 0 15 14 -2 1 0 -5 -8
Net Change 1 8 -5 -2 -7 9 2 12
Cash & Cash Eqvt 23 31 26 24 18 26 28 40

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 36.64 36.64 36.64 36.64 36.64 42.74 42.74 42.74 42.74
Public 63.36 63.36 63.36 63.36 63.36 57.26 57.26 57.26 57.26
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sat, 31 Jul 2021
Board Meeting Intimation for Consider And Approve Un-Audited Standalone & Consolidated Financial Results For The Quarter Ended On June 30Th 2021 And Amongst Others.
BAJAJ STEEL INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2021 inter alia to consider and approve Un-audited Standalone & Consolidated Financial Results for the quarter ended on June 30th 2021 along with Limited Review thereon to be submitted by the Statutory Auditors of the Company and amongst others.
Sat, 17 Jul 2021
Shareholding for the Period Ended June 30 2021
Bajaj Steel Industries Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 09 Jul 2021
Disclosure Of Related Party Transactions For The Financial Year Ended On 31St March 2021.
Dear Sir/Madam
With reference to the above mentioned subject and pursuant to the Regulation 23 (9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 please find enclosed herewith as Annexure-A the disclosures of Related Party Transactions on consolidated basis for the financial year ended on 31st March 2021 in the format specified in the relevant accounting standard.

Kindly take the above information on record and oblige.

Thanking you!

Technical Scans View Details

Thu, 05 Aug 2021
Close Crossing Last Week Low Close Crossing Last Week Low
Closing Below Previous Low Closing Below Previous Low
S Close Below Last Week Low
Close Crossing 20 EMA From Above Close Crossing 20 EMA From Above
CCI Crossed Below -100 CCI Crossed Below -100

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