Goel Tmt

Raipur, India Founded: 2007 • Age: 19 yrs Listed
Industrial steel products have been manufactured since 2007.

About Goel Tmt

Goel Tmt is a publicly listed company based in Raipur (India) founded in 2007. Industrial steel products have been manufactured since 2007. The company has 106 employees. Its Indian entity Shri Bajrang Alliance Limited reported revenue of β‚Ή276 Cr.

Company details

Goel Tmt was established in 2007 in Raipur, India, with operations centered on the production of industrial steel products. The steel manufacturing sector is served through facilities located in the region. Key personnel include owners Pawan Goel and Bajrang Goel, alongside Managing Director Narendra Goel, who oversees directorial responsibilities under DIN 00115883. Focus remains on core industrial applications without specified additional services.

  • Headquarters Raipur, India
  • Employees 106
  • Stage Public
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website goeltmt.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Shri Bajrang Alliance Limited
  • Date of Incorporation 16 Aug, 1990
  • Jurisdiction Raipur, Chhattisgarh, India
Key Metrics
  • Market Cap
    ₹143 Cr

    SHBAJRG · NSE

  • Share Price
    ₹159.99

    +0.64% today

  • Revenue
    ₹271 Cr

    FY 2025-26 · -32.0% YoY

  • EBITDA
    ₹3.88 Cr

    Margin 1.4%

  • Net Profit
    ₹44.26 Cr

    FY 2025-26 · +35.6% YoY

  • P/E (TTM)
    3.2x

    P/B 0.4x

  • ROE
    0.8%

    ROCE 1.1%

  • Debt / Equity
    0.28

    Interest cover 313.9x

  • Employee Count
    106

Board of directors of Shri Bajrang Alliance Limited (Goel Tmt)

Shri Bajrang Alliance Limited is the primary company behind Goel Tmt. The board of Shri Bajrang Alliance Limited currently have 6 directors; the longest-serving is Anand Goel, appointed in 2000. 13 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anand Goel
DIN 00796135
Managing Director31 Jul 200026 yrs 3 moShri Bajrang Alliance Limited
Archit Goel
DIN 07685623
Whole-time director11 Feb 20206 yrs 8 moShri Bajrang Alliance Limited
Anshul Dave
DIN 05123750
Director13 Aug 20215 yrs 2 moShri Bajrang Alliance Limited
John Cherian
DIN 10530786
Director04 Mar 20242 yrs 7 moShri Bajrang Alliance Limited
Ravinder Singh Rajput
DIN 08145449
Director03 May 20242 yrs 5 moShri Bajrang Alliance Limited
Shalini Shukla
DIN 11109269
Director11 Jun 20251 yr 4 moShri Bajrang Alliance Limited

People of Goel Tmt

3 people are tracked at Goel Tmt (3 in leadership); the tracked headcount is 106.

NameRoleGroup
Pawan Goel
OwnerLeadership
Bajrang Goel
OwnerLeadership
Managing DirectorLeadership
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IPO & Listings of Goel Tmt

Goel Tmt is a publicly listed company on the NSE with ticker symbol SHBAJRG in India, operating in the Steel sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: SHBAJRG
  • Listed entityShri Bajrang Alliance Limited
  • Exchange sectorSteel

Financials of Goel Tmt

Exchange-reported figures of Shri Bajrang Alliance Limited, the listed company behind Goel Tmt (NSE: SHBAJRG).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹271 Cr
-32.0% YoY
EBITDA
₹3.88 Cr
-6.7% YoY
Profit After Tax
₹44.26 Cr
+35.6% YoY
Net Worth
₹384 Cr
+14.3% YoY
Total Assets
₹488 Cr
+12.5% YoY
Total Debt
₹104 Cr
+6.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue271398570524171214175
Revenue growth-32.0%-30.1%+8.8%+206.8%-20.1%+22.4%-
EBITDA3.884.164.6310.889.069.063.33
EBITDA margin+1.4%+1.0%+0.8%+2.1%+5.3%+4.2%+1.9%
Profit before tax3.812.554.877.106.862.871.01
Net profit44.2632.6340.8634.1771.3930.6914.02
Net profit margin+16.3%+8.2%+7.2%+6.5%+41.8%+14.4%+8.0%
EPS (β‚Ή)49.1836.2245.4037.9780.0834.2115.54
Balance sheet
Total assets488434361322267212164
Net worth384336301259225153117
Total debt10497.6059.4554.1641.4858.1446.82
Cash & bank0.320.181.510.270.470.390.33
Net working capital10990.8962.4154.3640.7854.2838.72
Cash flow
Cash from operations(10.27)(23.66)0.26(2.54)21.021.757.54
Cash from investing4.77(14.59)(6.62)(5.04)(5.31)(6.84)(30.32)
Cash from financing5.5136.917.617.37(15.51)5.1122.84
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10547.2946.9687.4089.3480.4310780.21
Revenue growth (YoY)+17.5%-41.2%-56.2%+9.0%-31.5%---
Other income0.824.130.090.280.231.960.100.22
EBITDA2.780.76(2.50)3.122.491.560.891.02
EBITDA margin+2.6%+1.6%-5.3%+3.6%+2.8%+1.9%+0.8%+1.3%
Depreciation1.040.970.830.830.820.800.810.81
Interest0.390.320.470.260.281.130.040.01
Profit before tax2.173.60(3.71)2.311.621.590.140.42
Tax0.481.27(1.44)0.650.470.56(0.17)(0.02)
Net profit1.692.33(2.27)1.661.151.030.310.44
EPS (β‚Ή)10.7221.566.8611.239.5312.597.568.34
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue271398570524171214171
Revenue growth-32.0%-30.1%+8.8%+206.8%-20.1%+24.8%-
EBITDA3.884.154.6310.899.069.073.31
EBITDA margin+1.4%+1.0%+0.8%+2.1%+5.3%+4.2%+1.9%
Profit before tax15.525.154.866.926.842.851.13
Net profit14.574.633.125.523.102.070.86
Net profit margin+5.4%+1.2%+0.6%+1.1%+1.8%+1.0%+0.5%
EPS (β‚Ή)16.195.163.476.124.202.420.92
Balance sheet
Total assets20217811911891.9410585.89
Net worth97.5479.3559.0555.3750.1346.2538.90
Total debt10497.6059.4554.1641.3657.9846.69
Cash & bank0.320.181.430.150.410.300.23
Net working capital10990.8962.3254.2840.7154.1738.66
Cash flow
Cash from operations(10.27)(23.66)(0.68)(2.76)24.391.777.38
Cash from investing4.77(14.51)(5.65)(8.48)(5.31)(5.12)(32.70)
Cash from financing5.5136.917.6110.98(18.85)3.3825.32
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10547.2946.9687.4089.3480.4310780.21
Revenue growth (YoY)+17.5%-41.2%-56.2%+9.0%-31.5%---
Other income2.448.124.312.431.584.450.130.22
Total expenses10246.5349.4684.2886.8578.8810679.19
EBITDA2.780.76(2.50)3.122.491.550.891.02
EBITDA margin+2.6%+1.6%-5.3%+3.6%+2.8%+1.9%+0.8%+1.3%
Depreciation1.040.970.830.830.820.800.810.81
Interest0.390.320.470.260.281.130.040.01
Profit before tax3.797.590.514.462.974.070.170.42
Tax0.481.27(1.44)0.650.470.56(0.17)(0.02)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10547.2946.9687.4089.3480.4310780.21
Revenue growth (YoY)+17.5%-41.2%-56.2%+9.0%-31.5%---
Other income0.824.130.090.280.231.960.100.22
EBITDA2.780.76(2.50)3.122.491.560.891.02
EBITDA margin+2.6%+1.6%-5.3%+3.6%+2.8%+1.9%+0.8%+1.3%
Depreciation1.040.970.830.830.820.800.810.81
Interest0.390.320.470.260.281.130.040.01
Profit before tax2.173.60(3.71)2.311.621.590.140.42
Tax0.481.27(1.44)0.650.470.56(0.17)(0.02)
Net profit1.692.33(2.27)1.661.151.030.310.44
EPS (β‚Ή)10.7221.566.8611.239.5312.597.568.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue271398570524171214175
Revenue growth-32.0%-30.1%+8.8%+206.8%-20.1%+22.4%-
Other income4.732.864.341.453.170.360.06
Total expenses267394565513162205171
Employee cost13.1716.2912.4912.2711.048.293.65
EBITDA3.884.164.6310.889.069.063.33
EBITDA margin+1.4%+1.0%+0.8%+2.1%+5.3%+4.2%+1.9%
Depreciation3.453.213.052.782.602.080.28
Interest1.351.261.052.452.774.472.10
Profit before tax3.812.554.877.106.862.871.01
Tax0.950.521.741.453.060.690.33
Net profit44.2632.6340.8634.1771.3930.6914.02
Net profit margin+16.3%+8.2%+7.2%+6.5%+41.8%+14.4%+8.0%
EPS (β‚Ή)49.1836.2245.4037.9780.0834.2115.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital9.009.009.009.009.009.009.00
Reserves & surplus375327292250216144108
Shareholders' funds (net worth)384336301259225153117
Minority interest0.000.000.000.000.000.000.00
Secured loans23.9517.3625.0641.5833.8341.3220.42
Unsecured loans80.0780.2434.3912.587.6516.8226.40
Total debt10497.6059.4554.1641.4858.1446.82
Total liabilities488434361322267212164
Assets
Gross block72.6056.5752.9046.7147.3645.029.02
Net block54.6942.0941.5938.4141.8442.108.19
Capital work in progress0.000.000.100.100.000.3929.37
Investments32930325922818711585.67
Inventories92.6481.9350.3640.8724.5932.0228.40
Sundry debtors20.4421.4450.4259.9118.8024.6752.07
Cash & bank balances0.320.181.510.270.470.390.33
Loans & advances32.3718.5011.394.593.6410.648.48
Total current assets14612211410647.5067.7289.28
Total current liabilities36.5931.1651.2751.286.7213.4450.56
Net working capital10990.8962.4154.3640.7854.2838.72
Total assets488434361322267212164
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.071.410.170.380.160.140.08
Net cash from operating activities(10.27)(23.66)0.26(2.54)21.021.757.54
Net cash from investing activities4.77(14.59)(6.62)(5.04)(5.31)(6.84)(30.32)
Net cash from financing activities5.5136.917.617.37(15.51)5.1122.84
Net change in cash0.00(1.34)1.24(0.21)0.210.020.06
Closing cash0.320.181.510.270.470.390.33
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-32.0%-30.1%+8.8%+206.8%-20.1%+22.4%-
EBITDA growth-6.7%-10.2%-57.4%+20.1%0.0%+172.1%-
PBT growth+49.4%-47.6%-31.4%+3.5%+139.0%+184.2%-29.9%
Net income growth+35.6%-20.1%+19.6%-52.1%+132.6%+118.9%-
Revenue CAGR (3Y)-19.7%+32.6%+38.7%+44.2%+2.8%+28.6%+32.8%
EBITDA CAGR (3Y)-29.1%-22.9%-20.1%+48.4%+22.5%+26.1%-8.0%
Profitability & leverage
Net income margin+1.1%+0.5%+0.6%+1.1%+2.2%+1.0%+0.4%
Return on capital employed+1.1%+1.0%+1.8%+3.3%+3.6%+4.0%+2.2%
Return on net worth+0.8%+0.6%+1.1%+2.4%+1.7%+1.7%+0.6%
Debt / equity0.280.250.210.200.270.400.31
Long-term debt / equity0.040.020.010.030.060.050.00
Interest cover313.95132.6366.4630.2542.8864.0468.85
Efficiency & per share
Fixed asset turnover4.427.7412.2411.963.989.0230.12
Inventory turnover3.106.0212.4916.006.037.075.21
Debtors turnover12.9411.0910.3313.317.855.575.41
EPS (β‚Ή)49.1836.2245.4037.9780.0834.2115.54
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)422.71369.51330.46284.52246.85166.66126.57
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10547.2946.9687.4089.3480.4310780.21
Revenue growth (YoY)+17.5%-41.2%-56.2%+9.0%-31.5%---
Other income2.448.124.312.431.584.450.130.22
Total expenses10246.5349.4684.2886.8578.8810679.19
EBITDA2.780.76(2.50)3.122.491.550.891.02
EBITDA margin+2.6%+1.6%-5.3%+3.6%+2.8%+1.9%+0.8%+1.3%
Depreciation1.040.970.830.830.820.800.810.81
Interest0.390.320.470.260.281.130.040.01
Profit before tax3.797.590.514.462.974.070.170.42
Tax0.481.27(1.44)0.650.470.56(0.17)(0.02)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue271398570524171214171
Revenue growth-32.0%-30.1%+8.8%+206.8%-20.1%+24.8%-
Other income16.445.474.331.253.140.320.05
Total expenses267394565513162205168
Employee cost13.1716.2912.4912.2611.048.293.54
EBITDA3.884.154.6310.899.069.073.31
EBITDA margin+1.4%+1.0%+0.8%+2.1%+5.3%+4.2%+1.9%
Depreciation3.453.213.052.782.602.080.28
Interest1.351.261.052.442.764.461.95
Profit before tax15.525.154.866.926.842.851.13
Tax0.950.521.741.403.060.690.30
Net profit14.574.633.125.523.102.070.86
Net profit margin+5.4%+1.2%+0.6%+1.1%+1.8%+1.0%+0.5%
EPS (β‚Ή)16.195.163.476.124.202.420.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital9.009.009.009.009.009.009.00
Reserves & surplus88.5470.3550.0546.3741.1337.2529.90
Shareholders' funds (net worth)97.5479.3559.0555.3750.1346.2538.90
Secured loans23.9517.3625.0641.5833.8341.3220.42
Unsecured loans80.0780.2434.3912.587.5316.6626.27
Total debt10497.6059.4554.1641.3657.9846.69
Total liabilities20217811911891.9410585.89
Assets
Gross block72.6056.5752.9046.7147.3645.029.02
Net block54.6942.0941.5938.4141.8442.108.19
Capital work in progress0.000.000.100.100.000.3929.37
Investments42.4646.6817.5224.4311.207.577.20
Inventories92.6481.9350.3640.8724.5932.0228.40
Sundry debtors20.4421.4450.4259.9118.8024.6752.07
Cash & bank balances0.320.181.430.150.410.300.23
Loans & advances32.3718.5011.374.583.6210.628.49
Total current assets14612211410647.4267.6189.19
Total current liabilities36.5931.1651.2651.236.7113.4450.53
Net working capital10990.8962.3254.2840.7154.1738.66
Total assets20217811911891.9410585.89
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.071.330.050.320.080.050.04
Net cash from operating activities(10.27)(23.66)(0.68)(2.76)24.391.777.38
Net cash from investing activities4.77(14.51)(5.65)(8.48)(5.31)(5.12)(32.70)
Net cash from financing activities5.5136.917.6110.98(18.85)3.3825.32
Net change in cash0.00(1.26)1.28(0.26)0.240.030.00
Closing cash0.320.181.430.150.410.300.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-32.0%-30.1%+8.8%+206.8%-20.1%+24.8%-
EBITDA growth-6.5%-10.4%-57.5%+20.2%-0.1%+174.0%-
PBT growth+201.4%+6.0%-29.8%+1.2%+140.0%+152.2%-21.0%
Net income growth+214.7%+48.4%-43.5%+78.1%+49.8%+140.7%-
Revenue CAGR (3Y)-19.7%+32.6%+38.7%+45.2%+2.8%+28.6%+31.9%
EBITDA CAGR (3Y)-29.1%-22.9%-20.1%+48.7%+22.5%+26.1%-8.1%
Profitability & leverage
Net income margin+5.4%+1.2%+0.6%+1.1%+2.2%+1.0%+0.5%
Return on capital employed+9.0%+4.4%+5.1%+9.2%+8.8%+8.0%+4.5%
Return on net worth+17.1%+7.0%+5.8%+11.1%+6.9%+5.6%+2.3%
Debt / equity1.181.191.050.971.111.330.94
Long-term debt / equity0.180.110.050.150.250.170.00
Interest cover313.95134.0466.4630.0942.7263.8164.36
Efficiency & per share
Fixed asset turnover4.427.7412.2411.963.989.0229.55
Inventory turnover3.106.0212.4916.006.037.075.11
Debtors turnover12.9411.0910.3313.317.855.575.31
EPS (β‚Ή)16.195.163.476.124.202.420.92
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)104.7684.5461.9957.9152.0847.7739.47

Web traffic of Goel Tmt

The website of Goel Tmt (goeltmt.com) receives about 9.1K visits a month.

  • Monthly visits
    9.1K

    ▲ 11.2% vs previous month

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Frequently Asked Questions about Goel Tmt

Goel Tmt was founded in 2007.

Goel Tmt is headquartered in Raipur, India. It is registered at Raipur, Chhattisgarh, India.

Goel Tmt has 106 employees.

The primary company behind Goel Tmt, Shri Bajrang Alliance Limited, reported revenue of β‚Ή276 Cr for FY 2026, down 32% year on year.

Goel Tmt was established in 2007 in Raipur, India, with operations centered on the production of industrial steel products. The steel manufacturing sector is served through facilities located in the region. Key personnel include owners Pawan Goel and Bajrang Goel, alongside Managing Director Narendra Goel, who oversees directorial responsibilities under DIN 00115883. Focus remains on core industrial applications without specified additional services.

Yes, Goel Tmt is publicly traded on NSE under the ticker symbol SHBAJRG.

Goel Tmt operates through Shri Bajrang Alliance Limited.

The legal entities of Goel Tmt currently have 7 directors, including Anand Goel, Archit Goel, Anshul Dave and others.

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