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

Bajaj Steel Industries Ltd

386.403.25 (0.83%)
Market Closed

Fundamental Score

...

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

Bajaj Steel Industries Ltd share price today is 386.40, down 0.83% on NSE/BSE as of 3 August 2026. Bajaj Steel Industries Ltd (BAJAJST) is a Small-cap company in the Industrial Products sector with a market capitalisation of 837.41 (Cr). The 52-week high for BAJAJST share price is 620.00 and the 52-week low is 302.00. At a P/E ratio of 22.69x, BAJAJST is currently trading below its industry average P/E of 32.61x. The company has a Return on Equity (ROE) of 9.10% and a debt-to-equity ratio of 0.15.

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

No data
High
429.00
Low
380.00
Volume
4.1K
Change
-4.03%

Bajaj Steel Industries Ltd share price chart: -4.03% return over the past month. 52-week high ₹620.00, 52-week low ₹302.00.

Bajaj Steel Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
393.00404.65386.30396.251.79K (Cr)
390.40395.95385.05389.652.58K (Cr)
414.70414.70381.00384.056.84K (Cr)
400.20408.00395.90404.353.50K (Cr)
396.40407.50396.00398.902.89K (Cr)
385.65405.00380.00396.354.65K (Cr)
393.05394.50386.00388.902.86K (Cr)
400.45405.85392.50397.955.44K (Cr)
399.50404.90395.05403.251.24K (Cr)
402.50405.60395.00396.651.47K (Cr)

Bajaj Steel Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
415.50429.00380.00396.25-4.63%
373.20460.85351.30412.95+10.65%
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%
582.60599.85450.49549.40-5.70%

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

Poor

Return on Equity (ROE)

9.10%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

11.73%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

14.31%

Average operating profit margin over 5 years

Dividend Yield

0.25%

Annual dividend as % of current share price

Bajaj Steel Industries Ltd Valuation Check

Excellent

Price to Earnings (P/E)

22.69x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

32.61x

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

56.62%

% shares held by company founders/management

Poor

FII Holding

0.04%

% 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

Poor

Profit Growth (Quarterly YoY)

-87.15%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-23.93%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

0.53%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-10.36%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-10.36%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.15x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

10.86x

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

Free Cash Flow (5-Year Total)

16.61 (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

5 factors identified

Attractive Valuation (P/E: 22.69 vs Industry: 32.61)

Observation: Trading at discount to industry peers.

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

Conservative Debt Levels (D/E: 0.15)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (10.86x)

Observation: Earnings comfortably cover interest obligations.

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

Balanced Promoter Holding (56.62%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

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

Risk Factors

7 factors identified

Below-Average Return on Equity (9.10%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Profit Decline Concern (-87.15%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-23.93%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (0.53% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Earnings Growth (-10.36% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-10.36% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Limited Institutional Interest (FII+DII: 0.05%)

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
28.6/100
386
₹837.41
22.7
Average
9.10%
Poor
11.73%
Average
0.1
Excellent
-10.36%
Poor
0.53%
Average
0.25%
65.9/100
3391
₹43866.65
119.3
Average
25.41%
Excellent
28.56%
Excellent
0.1
Excellent
65.82%
Excellent
29.72%
Excellent
0.04%
46.2/100
38155
₹34925.92
65.3
Average
12.59%
Average
16.95%
Good
0.0
Excellent
3.07%
Average
9.00%
Good
0.28%
63.3/100
1367
₹27142.24
84.5
Average
13.92%
Average
16.73%
Good
0.1
Excellent
36.18%
Excellent
40.32%
Excellent
0.11%
57.8/100
3805
₹22373.87
61.2
Average
9.64%
Poor
13.24%
Average
0.2
Excellent
108.32%
Excellent
53.89%
Excellent
0.00%
40/100
809
₹18362.28
54.6
Average
18.22%
Good
21.32%
Excellent
0.4
Excellent
44.74%
Excellent
31.51%
Excellent
0.00%
41.5/100
16152
₹17489.31
153.2
Average
4.05%
Poor
5.58%
Poor
0.0
Excellent
15.77%
Excellent
13.18%
Good
0.21%
24.9/100
89
₹13034.46
68.7
Average
16.38%
Good
17.08%
Good
0.1
Excellent
0.28%
32.3/100
1486
₹12222.95
85.7
Average
5.94%
Poor
8.09%
Poor
0.1
Excellent
0.49%
Average
16.00%
Excellent
0.12%
45.6/100
10339
₹6976.77
139.5
Average
6.62%
Poor
9.98%
Poor
0.8
Good
33.79%
Excellent
7.71%
Good
0.10%
15.6/100
312
₹6485.85
334.6
Average
1.44%
Poor
6.31%
Poor
0.1
Excellent
-24.84%
Poor
19.41%
Excellent
1.70%

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 0.25%

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)

-23.93%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-87.15%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

0.53%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-10.36%

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

46RSI 14
Neutral — RSI 46

Momentum is balanced — neither overbought nor oversold.

SMA 50
395
▼ Price below SMA 50 — Short-term bearish
SMA 200
452
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
7K 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 ₹386.40 on NSE and BSE. Market cap ₹837.41 (Cr). Educational data only.

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

Bajaj Steel Industries Ltd has a P/E of 22.69x vs industry average 32.61x.

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

Bajaj Steel Industries Ltd has a Bull Run score of 28.6/100 based on 25+ financial parameters.

Does Bajaj Steel Industries Ltd pay dividends?

Bajaj Steel Industries Ltd has a dividend yield of 0.25%. Past dividends don't guarantee future payments.

What is the ROE of Bajaj Steel Industries Ltd?

Bajaj Steel Industries Ltd has ROE of 9.10%. 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 0.15.

Is Bajaj Steel Industries Ltd a good investment?

Bull Run gives Bajaj Steel Industries Ltd a score of 28.6/100. This is not investment advice — consult a SEBI-registered advisor.