Bajaj Steel Industries Ltd Stock Price Today (NSE: BAJAJST)

Bajaj Steel Industries Ltd

374.40+2.90 (+0.78%)
Market Closed

Fundamental Score

...

Bajaj Steel Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Bajaj Steel Industries Ltd share price today is 374.40, up +0.78% on NSE/BSE as of 17 June 2026. Bajaj Steel Industries Ltd (BAJAJST) is a Small-cap company in the Industrial Products sector with a market capitalisation of 1.12K (Cr). The 52-week high for BAJAJST share price is 712.00 and the 52-week low is 302.00. At a P/E ratio of 18.55x, BAJAJST is currently trading below its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 17.87% and a debt-to-equity ratio of 0.12.

Bajaj Steel Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
473.85
Low
369.10
Volume
6.3K
Change
-20.02%

Bajaj Steel Industries Ltd share price chart: -20.02% return over the past month. 52-week high ₹712.00, 52-week low ₹302.00.

Bajaj Steel Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
389.00389.00375.70385.3014.44K (Cr)
373.20382.00352.45380.4523.92K (Cr)
369.55388.00369.00373.0019.25K (Cr)
410.05418.65369.10369.5043.94K (Cr)
410.15418.85408.00410.102.46K (Cr)
411.15418.85407.20410.0010.01K (Cr)
422.05425.00406.50408.852.43K (Cr)
423.00429.85417.15425.954.88K (Cr)
412.95426.00401.00418.607.85K (Cr)
400.05425.40400.00410.058.09K (Cr)

Bajaj Steel Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
373.20389.00352.45385.30+3.24%
461.75461.75369.00373.00-19.22%
312.05510.00312.05450.90+44.50%
385.10419.00302.00307.20-20.23%
428.45461.00403.00415.70-2.98%
501.80507.00424.00435.50-13.21%
535.20550.00480.20501.80-6.24%
555.00620.00506.65534.95-3.61%
566.00615.80511.05546.60-3.43%
565.50613.90492.20563.65-0.33%
567.00599.85450.49549.40-3.10%
697.30709.00546.05562.30-19.36%

AI Research Briefing

Powered by Gemini · 2026-04-09

Cyclical small-cap play on cotton ginning equipment; trade the swings, don't hold the bag.

Research Confidence
6.0/10Moderate
CYCLICALBreakdown, 1M: -1.38%, 3M: -3.13%, 6M: -28.0%Fairly valued, P/E of 18.55x compared to industry P/E of 33.94x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Bajaj Steel clarified on April 8, 2026, that it's unaware of any specific reason for recent price movement, attributing it to market forces. The exchange had sought clarification due to significant price fluctuations. Trading window closed on April 1, 2026, for approval of audited financial results.

CORE STORY (THE REAL GAME)

This is a play on cyclical industrial capex, specifically tied to cotton ginning and pressing machinery. Market sentiment is swinging wildly, pricing in both boom and bust scenarios based on short-term order flow and commodity price volatility.

Why Now
  • ₹35 crore order win provides near-term revenue visibility
  • Industrial sector growth of 5.2% in February 2026
  • P/E below industry average suggests undervaluation
Potential Catalysts
  • Further order wins in the infrastructure or electrical segments
  • Consistent earnings growth in the next 2 quarters
  • Government policies favoring industrial manufacturing
Key Risks
  • Micro-cap liquidity risk
  • High dependence on cyclical cotton industry
  • Volatile quarterly earnings
Institutional Activity

FII holding decreased by 0.09%

Macro Context

Industrial sector showing signs of growth, but consumer non-durables remain a concern

Order Book / Expansion

Received an order of approximately ₹35 crores from a domestic client for Main LT Panels

Cash Flow Quality

Free Cash Flow 5Y: ₹69.64 Cr

3–6 Month Outlook

Expect volatility in the next 3-6 months. Monitor order book execution and commodity price trends closely.

Primary Thesis Risk

Reliance on cotton ginning makes it vulnerable to commodity price volatility.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Good

Return on Equity (ROE)

17.87%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

21.29%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

15.61%

Average operating profit margin over 5 years

Dividend Yield

0.19%

Annual dividend as % of current share price

Bajaj Steel Industries Ltd Valuation Check

Excellent

Price to Earnings (P/E)

18.55x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

48.27%

% shares held by company founders/management

Poor

FII Holding

0.06%

% shares held by foreign institutional investors

Poor

DII Holding

0.01%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

22.09%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

14.72%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

7.13%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

19.46%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

21.90%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.12x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

17.15x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

69.64 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Bajaj Steel Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of BAJAJST across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (17.87%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (21.29%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (15.61%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 18.55 vs Industry: 33.94)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (22.09%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Excellent EPS Growth (19.46% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (21.90% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.12)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (17.15x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹69.64 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

Limited Institutional Interest (FII+DII: 0.07%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Bajaj Steel Industries Ltd vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare Bajaj Steel Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
66.8/100
374
₹1121.23
18.6
Average
17.87%
Good
21.29%
Excellent
0.1
Excellent
21.90%
Excellent
7.13%
Good
0.19%
67.3/100
3230
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
36180
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
657
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
2640
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15997
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1054
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1600
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
78
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10668
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
384
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

Bajaj Steel Industries Ltd PE Ratio History

Historical price-to-earnings ratio for BAJAJST — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202540.27₹501.8012.5x
FY 202428.44₹846.5029.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Bajaj Steel Industries Ltd Dividend History

Annual cash dividends paid by BAJAJST — dividend yield 0.19%

Financial YearDividends Paid (₹ Cr)
FY 202528.08 Cr
FY 20241.56 Cr
FY 20231.04 Cr
FY 20221.56 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Bajaj Steel Industries Ltd Quarterly Performance

Latest quarterly metrics for BAJAJST — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

14.72%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

22.09%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

7.13%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

21.90%

Compounded annual net profit growth over 5 years

Bajaj Steel Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for BAJAJST — calculated from daily price history

22RSI 14
Oversold — RSI 22

Selling pressure is heavy — potential reversal zone.

SMA 50
421
▼ Price below SMA 50 — Short-term bearish
SMA 200
484
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
11K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Bajaj Steel Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Bajaj Steel Industries Ltd (BAJAJST) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Bajaj Steel Industries Ltd

About BAJAJST (Bajaj Steel Industries Ltd)

Bajaj Steel Industries Ltd is a stalwart in the Indian industrial landscape, recognized for its specialized manufacturing of machinery tailored for the cotton processing sector. Th...e company meticulously engineers and produces a comprehensive suite of equipment essential for transforming raw cotton into commercially viable products. These advanced solutions cater to every stage of the cotton ginning and pressing process, from the initial cleaning and separation of fibers to the final baling and packaging for distribution. Bajaj Steel's commitment to precision and durability ensures that its machinery not only meets but often exceeds the rigorous demands of modern cotton processing facilities. Focusing on innovative design and technological integration, Bajaj Steel Industries Ltd provides a diverse portfolio of machines designed to maximize efficiency and minimize waste within cotton processing plants. This includes sophisticated ginning machines engineered for optimal fiber extraction, robust baling presses built to withstand high-volume operation, and advanced cleaning systems that remove impurities to enhance cotton quality. Furthermore, the company offers customized solutions tailored to specific client needs, incorporating features like automated feeding systems, precision air separators, and intelligent conveying mechanisms. By constantly refining its products through research and development, Bajaj Steel positions itself at the forefront of technological advancement within the industry. Beyond its commitment to superior manufacturing, Bajaj Steel Industries Ltd places a high value on customer service and long-term partnerships. The company not only supplies cutting-edge machinery but also offers comprehensive support services, including installation, maintenance, and operator training. This dedication to client success fosters lasting relationships and reinforces Bajaj Steel's reputation as a reliable and trustworthy partner in the cotton processing industry. With a proven track record of delivering quality and performance, Bajaj Steel Industries Ltd remains a vital contributor to the growth and efficiency of India's cotton sector.

Company Details

Symbol:BAJAJST
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. Rohit Hargovind Bajaj
Chairman of the Board & MD
Dr. Mahendra Kumar Sharma
CEO & Whole Time Director
Mr. Sunil Kumar Hargovind Bajaj
Executive Director

Corporate Events

Recent
Ex-Dividend Date

BAJAJST Share Price: Frequently Asked Questions

What is the current share price of Bajaj Steel Industries Ltd?

Bajaj Steel Industries Ltd (BAJAJST) trades at ₹374.40 on NSE and BSE. Market cap ₹1.12K (Cr). Educational data only.

What is the P/E ratio of Bajaj Steel Industries Ltd?

Bajaj Steel Industries Ltd has a P/E of 18.55x vs industry average 33.94x.

What is the Bull Run score for Bajaj Steel Industries Ltd?

Bajaj Steel Industries Ltd has a Bull Run score of 66.8/100 based on 25+ financial parameters.

Does Bajaj Steel Industries Ltd pay dividends?

Bajaj Steel Industries Ltd has a dividend yield of 0.19%. Past dividends don't guarantee future payments.

What is the ROE of Bajaj Steel Industries Ltd?

Bajaj Steel Industries Ltd has ROE of 17.87%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Bajaj Steel Industries Ltd?

Bajaj Steel Industries Ltd has debt-to-equity of 0.12.

Is Bajaj Steel Industries Ltd a good investment?

Bull Run gives Bajaj Steel Industries Ltd a score of 66.8/100. This is not investment advice — consult a SEBI-registered advisor.