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NSE Close — 25 Sep 2026
₹347.25
Change
+0.25 (0.07%)
Open
₹355.25
Prev. Close
₹347.0
Day High
₹355.25
Day Low
₹343.05
Volume Analysis
Traded
6,987
Delivered
4,512
Delivery %
64.58%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Promoter holding is rising
Weaknesses (1)
- •Low return on equity (9.11%)
Opportunities (0)
No signal for this stock
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹366.19 | ₹360.72 | ₹353.99 | ₹348.52 | ₹341.79 | ₹336.32 | ₹329.59 |
| Fibonacci | ₹360.72 | ₹356.06 | ₹353.18 | ₹348.52 | ₹343.86 | ₹340.98 | ₹336.32 |
| Camarilla | ₹350.61 | ₹349.49 | ₹348.37 | ₹348.52 | ₹346.13 | ₹345.01 | ₹343.9 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
—
1 Week
+0.59%
1 Month
+0.49%
3 Months
-15.42%
6 Months
—
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹285.43
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
6.68%
Net margin 5.4% × asset turnover 0.75x × equity multiplier 1.65x
Company Overview
Sector
Capital Goods
Market Cap
₹733 Cr
P/E (TTM)
25.1
ROE
9.11%
Book Value
₹204.0
Face Value
₹5.0
Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.
TopFund Analysis
Bajaj Steel Inds. Ltd. lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 50/100. The strongest factor is Financial Strength (100/100), while Growth (0/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; low return on equity (9.11%).
TopFund Score — Fundamentals Quality
50/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −The company has delivered a poor sales growth of 0.51% over past five years.
- −Company has a low return on equity of 13.8% over last 3 years.
- −Dividend payout has been low at 3.58% of profits over last 3 years
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
65th AGM held on September 23, 2026; members approved Rs1 final dividend and reappointed a director.
Company clarifies delayed CRISIL rating disclosure; existing rating remains unchanged.
CRISIL reaffirmed Bajaj Steel's Rs.194 crore bank facilities at A/Stable and A1.
Pursuant to the provisions of SEBI Listing Regulations, 2015, Please find attached copies of the Newspaper Advertisement Published inter alia for the Notice of 65th …
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | 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 + | 98 | 153 | 126 | 174 | 141 | 152 | 138 | 154 | 108 | 175 | 125 | 117 | 120 |
| Expenses + | 84 | 128 | 109 | 148 | 119 | 127 | 117 | 129 | 94 | 143 | 116 | 111 | 114 |
| Operating Profit | 14 | 25 | 17 | 26 | 22 | 25 | 21 | 24 | 14 | 32 | 9 | 6 | 6 |
| OPM % | 14.75% | 16.36% | 13.25% | 14.91% | 15.5% | 16.62% | 15.05% | 15.75% | 12.6% | 18.21% | 7.43% | 4.81% | 4.89% |
| Other Income + | 1 | 1 | 1 | 12 | 29 | 2 | 2 | 6 | 1 | 2 | 4 | 6 | 1 |
| Interest | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 3 | 5 | 3 | 3 | 3 | 6 | 4 | 4 | 4 | 6 | 5 |
| Profit before tax | 13 | 23 | 13 | 31 | 47 | 23 | 18 | 23 | 10 | 28 | 8 | 4 | 1 |
| Tax % | 25.29% | 25.5% | 24.44% | 27.09% | 25.18% | 24.99% | 25.81% | 22.37% | 25.48% | 24.75% | 26.03% | 39.11% | 131.03% |
| Net Profit + | 10 | 17 | 10 | 23 | 35 | 17 | 14 | 18 | 7 | 21 | 6 | 2 | 0 |
| EPS in Rs | 5 | 8 | 5 | 11 | 17 | 8 | 7 | 9 | 4 | 10 | 3 | 1 | 0 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 334 | 307 | 237 | 247 | 376 | 414 | 510 | 437 | 549 | 551 | 585 | 524 | 537 |
| Expenses + | 316 | 297 | 235 | 226 | 345 | 376 | 418 | 385 | 457 | 470 | 492 | 463 | 484 |
| Operating Profit | 17 | 10 | 2 | 22 | 31 | 38 | 93 | 52 | 92 | 81 | 92 | 60 | 53 |
| OPM % | 5.0% | 3.1% | 0.9% | 9.0% | 8.0% | 9.0% | 18.0% | 12.0% | 17.0% | 15.0% | 16.0% | 12.0% | 10.0% |
| Other Income + | 4 | 7 | 2 | 4 | 5 | 9 | 10 | 13 | 19 | 15 | 39 | 12 | 12 |
| Interest | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 8 | 7 | 5 | 4 | 5 | 5 |
| Depreciation | 13 | 11 | 8 | 6 | 4 | 6 | 7 | 9 | 10 | 12 | 15 | 18 | 19 |
| Profit before tax | 1 | -4 | -13 | 10 | 23 | 32 | 87 | 49 | 94 | 80 | 112 | 50 | 41 |
| Tax % | 240.0% | -23.0% | -25.0% | -9.0% | 40.0% | 25.0% | 25.0% | 25.0% | 28.0% | 26.0% | 25.0% | 26.0% | — |
| Net Profit + | -1 | -3 | -10 | 11 | 14 | 24 | 66 | 36 | 68 | 59 | 84 | 37 | 29 |
| EPS in Rs | -1 | -2 | -5 | 6 | 7 | 13 | 32 | 18 | 32 | 28 | 41 | 18 | 14 |
| Dividend Payout % | -93.0% | 0.0% | 0.0% | 6.0% | 7.0% | 4.0% | 2.0% | 3.0% | 2.0% | 3.0% | 2.0% | 6.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 65 | 62 | 54 | 66 | 78 | 100 | 169 | 204 | 271 | 330 | 377 | 414 |
| Borrowings + | 84 | 81 | 81 | 81 | 75 | 70 | 51 | 64 | 43 | 64 | 65 | 63 |
| Other Liabilities + | 83 | 97 | 73 | 73 | 104 | 97 | 147 | 124 | 129 | 168 | 151 | 213 |
| Total Liabilities | 234 | 242 | 210 | 223 | 260 | 269 | 369 | 395 | 446 | 564 | 604 | 699 |
| Fixed Assets + | 54 | 52 | 45 | 51 | 52 | 72 | 80 | 86 | 111 | 185 | 218 | 255 |
| CWIP | 8 | 11 | 13 | 2 | 4 | 1 | 4 | 14 | 24 | 10 | 19 | 27 |
| Investments | 5 | 4 | 2 | 1 | 1 | 0 | 4 | 4 | 22 | 22 | 9 | 12 |
| Other Assets + | 168 | 175 | 150 | 168 | 204 | 196 | 281 | 291 | 289 | 347 | 358 | 405 |
| Total Assets | 234 | 242 | 210 | 223 | 260 | 269 | 369 | 395 | 446 | 564 | 604 | 699 |
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 10 | 10 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -5 | 10 | -7 | 6 | 14 | 41 | 89 | 55 | 27 | 55 | 52 | 78 |
| Cash from Investing Activity + | -14 | -10 | 0 | 2 | -7 | -21 | -12 | -20 | -52 | -66 | -38 | -58 |
| Cash from Financing Activity + | 14 | -2 | 1 | 0 | -5 | -8 | -19 | 4 | -22 | 19 | -26 | -5 |
| Net Cash Flow | -5 | -2 | -7 | 9 | 2 | 12 | 59 | 39 | -47 | 8 | -12 | 15 |
| CFO/OP | -7 | 109 | -312 | 29 | 59 | 123 | 116 | 135 | 57 | 90 | 87 | 154 |
| Free Cash Flow | -20 | -2 | -11 | 4 | 6 | 19 | 73 | 30 | -12 | -17 | -4 | 16 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 52.25% | 52.17% | 51.54% | 51.67% | 51.57% | 51.64% | 51.58% | 51.59% | 51.66% | 43.34% | 43.34% | 43.35% |
| Promoters | 47.69% | 47.77% | 48.39% | 48.27% | 48.27% | 48.27% | 48.27% | 48.27% | 48.27% | 56.62% | 56.62% | 56.62% |
| FII | 0.07% | 0.07% | 0.07% | 0.07% | 0.16% | 0.08% | 0.07% | 0.15% | 0.06% | 0.04% | 0.04% | 0.04% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.08% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Bajaj Steel Inds. Ltd. (this stock) | 733 | 25.1 | 1.73 | 9.11% |
| Rama Steel Tubes Limited | 733 | 56.6 | 1.53 | 2.75% |
| Permanent Magnets Ltd. | 713 | 54.1 | 4.55 | 10.5% |
| Solex Energy Limited | 762 | 9.56 | 3.01 | 46.3% |
| Indef Manufacturing Ltd | 697 | 29.4 | 2.59 | 9.2% |
| Sejal Glass Limited | 778 | 24.7 | 5.14 | 31.1% |
| Hy-tech Engineers Limited | 674 | 30.0 | — | 20.2% |
Which Mutual Funds Hold Bajaj Steel Inds. Ltd.?
Frequently Asked Questions about Bajaj Steel Inds. Ltd.
Bajaj Steel Inds. Ltd. (BAJAJST) closed at ₹347.25 on NSE on 25 September 2026, up 0.25 (0.07%) from the previous close.
Bajaj Steel Inds. Ltd. trades on the NSE (National Stock Exchange of India) under the symbol BAJAJST.
Bajaj Steel Inds. Ltd. has a trailing twelve-month P/E (price-to-earnings) ratio of 25.1.
Bajaj Steel Inds. Ltd. has a dividend yield of 0.29%.
Bajaj Steel Inds. Ltd.'s 52-week high is ₹620.0 and its 52-week low is ₹302.0.
Bajaj Steel Inds. Ltd. has a market capitalisation of ₹733 crore.
Bajaj Steel Inds. Ltd. has a TopFund Quality Score of 50/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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