
About Bajaj Steel Industries Limited
Data last updated:
Bajaj Steel Industries Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 14 February 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN L27100MH1961PLC011936. Its GSTIN is 27AAACB5340H1ZY (Maharashtra). The company holds 8 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 507944 and NSE: BAJAJST.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.4 Cr. It was formerly known as Bajaj Steel Industries Private Limited. It is led by directors including Rohit Hargovind Bajaj (Managing Director) and Mahendra Kumar Mahavir Prasad Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Nagpur, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹524.18 Cr, a decline of 10.4% compared to the previous year. For the same year it recorded a net profit of ₹36.95 Cr (net margin 7%) and EBITDA of ₹60.26 Cr (EBITDA margin 11.5%). The net worth stands at ₹423.97 Cr (up 9.4% YoY). Total assets are valued at ₹494.69 Cr (up 7.4% YoY).
The company has about 281 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bajaj Steel Industries. As per MCA filings, the company has open charges of ₹214.51 Cr and satisfied charges of ₹106.18 Cr on record. Court records list 136 cases involving the company, including 108 filed by the company and 28 filed against it; 28 cases are pending. The company has 34 deals on record (32 market trades, 2 acquisitions); the latest was in February 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bajajngp.com.
Company details
Contact details
Bajaj Steel Industries Limited's registered office is in Nagpur, Maharashtra. Its website is bajajngp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. C – 108 MIDC Industrial Area, Hingna, Nagpur, Maharashtra, India – 440016
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Bajaj Steel Industries Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bajaj Steel Industries operates one associated brand: Bajaj Steel Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cotton ginning machinery is manufactured and supplied. | bajajngp.com |
Business activity
The main business activity of Bajaj Steel Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Bajaj Steel Industries Limited, buy the company report.
Financials of Bajaj Steel Industries Limited
FY 2025-26 filings availableBajaj Steel Industries Limited reported revenue of ₹524.18 Cr (down 10.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 524 | 585 | 551 | 549 | 437 | 511 | 415 |
| Revenue growth | -10.4% | +6.1% | +0.3% | +25.7% | -14.5% | +23.3% | - |
| EBITDA | 60.26 | 92.11 | 80.49 | 92.09 | 51.95 | 92.67 | 37.60 |
| EBITDA margin | +11.5% | +15.8% | +14.6% | +16.8% | +11.9% | +18.1% | +9.1% |
| Profit before tax | 50.00 | 112 | 79.59 | 94.00 | 48.70 | 87.00 | 31.66 |
| Net profit | 36.95 | 51.22 | 59.45 | 59.65 | 36.55 | 63.78 | 23.89 |
| Net profit margin | +7.1% | +8.8% | +10.8% | +10.9% | +8.4% | +12.5% | +5.8% |
| EPS (₹) | 17.74 | 40.55 | 113.49 | 129.82 | 70.18 | 126.15 | 50.30 |
| Balance sheet | |||||||
| Total assets | 495 | 461 | 403 | 323 | 282 | 234 | 181 |
| Net worth | 424 | 387 | 332 | 274 | 207 | 171 | 102 |
| Total debt | 62.52 | 65.41 | 63.53 | 42.92 | 64.18 | 50.56 | 69.62 |
| Cash & bank | 99.32 | 80.05 | 89.11 | 88.75 | 135 | 98.84 | 40.22 |
| Net working capital | 201 | 209 | 175 | 162 | 170 | 141 | 101 |
| Cash flow | |||||||
| Cash from operations | 78.21 | 52.14 | 55.34 | 26.52 | 55.10 | 89.45 | 40.64 |
| Cash from investing | (58.42) | (38.06) | (66.43) | (52.06) | (20.22) | (11.99) | (20.68) |
| Cash from financing | (4.97) | (26.20) | 19.04 | (21.93) | 4.11 | (18.85) | (7.72) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 155 | 120 | 117 | 125 | 175 | 108 | 154 | 138 |
| Revenue growth (YoY) | -11.1% | +11.9% | -23.9% | -9.3% | +14.7% | -23.7% | - | - |
| Other income | 2.96 | 1.45 | 5.59 | 3.82 | 1.55 | 1.40 | 6.49 | 1.65 |
| EBITDA | 12.44 | 5.88 | 5.62 | 9.31 | 31.79 | 13.55 | 24.18 | 20.79 |
| EBITDA margin | +8.0% | +4.9% | +4.8% | +7.4% | +18.2% | +12.6% | +15.8% | +15.1% |
| Depreciation | 5.02 | 4.97 | 6.30 | 3.78 | 3.73 | 3.73 | 6.03 | 3.01 |
| Interest | 1.50 | 1.49 | 1.10 | 1.36 | 1.33 | 1.29 | 1.39 | 0.94 |
| Profit before tax | 8.88 | 0.87 | 3.81 | 7.99 | 28.28 | 9.93 | 23.25 | 18.49 |
| Tax | 1.18 | 1.14 | 1.49 | 2.08 | 7.00 | 2.53 | 5.20 | 4.77 |
| Net profit | 7.70 | (0.27) | 2.32 | 5.91 | 21.28 | 7.40 | 18.05 | 13.72 |
| EPS (₹) | 3.70 | (0.13) | 1.40 | 2.84 | 10.23 | 3.56 | 8.40 | 6.50 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 475 | 535 | 494 | 490 | 412 | 483 | 390 |
| Revenue growth | -11.2% | +8.3% | +0.9% | +18.7% | -14.6% | +23.9% | - |
| EBITDA | 49.09 | 82.52 | 64.72 | 77.85 | 46.85 | 85.57 | 34.66 |
| EBITDA margin | +10.3% | +15.4% | +13.1% | +15.9% | +11.4% | +17.7% | +8.9% |
| Profit before tax | 38.15 | 101 | 64.35 | 79.99 | 43.17 | 77.92 | 27.15 |
| Net profit | 27.56 | 43.37 | 47.97 | 49.15 | 32.51 | 56.97 | 19.39 |
| Net profit margin | +5.8% | +8.1% | +9.7% | +10.0% | +7.9% | +11.8% | +5.0% |
| EPS (₹) | 13.26 | 36.61 | 91.36 | 109.38 | 62.38 | 113.14 | 40.77 |
| Balance sheet | |||||||
| Total assets | 463 | 440 | 363 | 295 | 266 | 224 | 175 |
| Net worth | 393 | 367 | 293 | 247 | 191 | 159 | 96.28 |
| Total debt | 62.23 | 65.09 | 63.24 | 42.55 | 63.66 | 57.54 | 69.61 |
| Cash & bank | 87.41 | 69.06 | 61.66 | 73.23 | 112 | 89.34 | 35.04 |
| Net working capital | 182 | 195 | 149 | 146 | 147 | 125 | 88.51 |
| Cash flow | |||||||
| Cash from operations | 74.89 | 49.33 | 42.23 | 15.70 | 41.57 | 83.60 | 38.73 |
| Cash from investing | (56.04) | (45.30) | (65.32) | (33.73) | (19.94) | (9.86) | (19.51) |
| Cash from financing | (4.94) | 0.30 | 19.12 | (22.28) | 4.18 | (19.44) | (7.72) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 146 | 108 | 114 | 118 | 150 | 92.95 | 151 | 131 |
| Revenue growth (YoY) | -2.9% | +15.7% | -24.7% | -9.9% | +9.3% | -19.4% | - | - |
| Other income | 1.40 | 1.26 | 5.03 | 3.64 | 1.26 | 1.22 | 6.39 | 1.42 |
| Total expenses | 136 | 106 | 109 | 108 | 127 | 82.62 | 124 | 111 |
| EBITDA | 10.10 | 1.36 | 4.96 | 10.32 | 23.50 | 10.33 | 26.28 | 19.80 |
| EBITDA margin | +6.9% | +1.3% | +4.4% | +8.7% | +15.6% | +11.1% | +17.4% | +15.1% |
| Depreciation | 4.90 | 4.85 | 6.15 | 3.66 | 3.61 | 3.61 | 5.84 | 2.88 |
| Interest | 1.42 | 1.49 | 1.10 | 1.36 | 1.33 | 1.29 | 1.39 | 0.94 |
| Profit before tax | 5.18 | (3.72) | 2.74 | 8.94 | 19.82 | 6.65 | 25.44 | 17.40 |
| Tax | 0.37 | 0.00 | 1.68 | 2.23 | 5.01 | 1.67 | 5.67 | 4.44 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 155 | 120 | 117 | 125 | 175 | 108 | 154 | 138 |
| Revenue growth (YoY) | -11.1% | +11.9% | -23.9% | -9.3% | +14.7% | -23.7% | - | - |
| Other income | 2.96 | 1.45 | 5.59 | 3.82 | 1.55 | 1.40 | 6.49 | 1.65 |
| EBITDA | 12.44 | 5.88 | 5.62 | 9.31 | 31.79 | 13.55 | 24.18 | 20.79 |
| EBITDA margin | +8.0% | +4.9% | +4.8% | +7.4% | +18.2% | +12.6% | +15.8% | +15.1% |
| Depreciation | 5.02 | 4.97 | 6.30 | 3.78 | 3.73 | 3.73 | 6.03 | 3.01 |
| Interest | 1.50 | 1.49 | 1.10 | 1.36 | 1.33 | 1.29 | 1.39 | 0.94 |
| Profit before tax | 8.88 | 0.87 | 3.81 | 7.99 | 28.28 | 9.93 | 23.25 | 18.49 |
| Tax | 1.18 | 1.14 | 1.49 | 2.08 | 7.00 | 2.53 | 5.20 | 4.77 |
| Net profit | 7.70 | (0.27) | 2.32 | 5.91 | 21.28 | 7.40 | 18.05 | 13.72 |
| EPS (₹) | 3.70 | (0.13) | 1.40 | 2.84 | 10.23 | 3.56 | 8.40 | 6.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 524 | 585 | 551 | 549 | 437 | 511 | 415 |
| Revenue growth | -10.4% | +6.1% | +0.3% | +25.7% | -14.5% | +23.3% | - |
| Other income | 12.35 | 38.94 | 15.65 | 18.97 | 13.28 | 10.36 | 8.98 |
| Total expenses | 464 | 493 | 470 | 457 | 385 | 418 | 377 |
| Employee cost | 78.81 | 73.12 | 66.77 | 58.47 | 48.14 | 44.99 | 45.95 |
| EBITDA | 60.26 | 92.11 | 80.49 | 92.09 | 51.95 | 92.67 | 37.60 |
| EBITDA margin | +11.5% | +15.8% | +14.6% | +16.8% | +11.9% | +18.1% | +9.1% |
| Depreciation | 17.54 | 14.94 | 11.90 | 9.84 | 8.95 | 7.06 | 6.24 |
| Interest | 5.07 | 4.19 | 4.65 | 7.22 | 7.58 | 8.97 | 8.68 |
| Profit before tax | 50.00 | 112 | 79.59 | 94.00 | 48.70 | 87.00 | 31.66 |
| Tax | 13.10 | 27.60 | 20.59 | 26.49 | 12.22 | 21.40 | 8.02 |
| Net profit | 36.95 | 51.22 | 59.45 | 59.65 | 36.55 | 63.78 | 23.89 |
| Net profit margin | +7.1% | +8.8% | +10.8% | +10.9% | +8.4% | +12.5% | +5.8% |
| EPS (₹) | 17.74 | 40.55 | 113.49 | 129.82 | 70.18 | 126.15 | 50.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.40 | 10.40 | 2.60 | 2.60 | 2.60 | 2.60 | 2.35 |
| Reserves & surplus | 414 | 377 | 330 | 271 | 204 | 169 | 99.61 |
| Shareholders' funds (net worth) | 424 | 387 | 332 | 274 | 207 | 171 | 102 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 51.88 | 56.46 | 52.72 | 34.90 | 29.50 | 11.49 | 31.82 |
| Unsecured loans | 10.64 | 8.95 | 10.81 | 8.02 | 34.68 | 39.07 | 37.80 |
| Total debt | 62.52 | 65.41 | 63.53 | 42.92 | 64.18 | 50.56 | 69.62 |
| Total liabilities | 495 | 461 | 403 | 323 | 282 | 234 | 181 |
| Assets | |||||||
| Gross block | 329 | 280 | 234 | 154 | 122 | 110 | 95.47 |
| Net block | 255 | 218 | 185 | 111 | 85.85 | 79.79 | 71.64 |
| Capital work in progress | 27.06 | 19.24 | 9.77 | 23.85 | 13.83 | 3.91 | 0.90 |
| Investments | 12.11 | 9.07 | 22.18 | 21.61 | 4.19 | 4.14 | 0.41 |
| Inventories | 177 | 153 | 142 | 106 | 92.80 | 76.94 | 74.80 |
| Sundry debtors | 57.14 | 47.49 | 49.70 | 38.12 | 23.47 | 68.02 | 51.39 |
| Cash & bank balances | 99.32 | 80.05 | 89.11 | 88.75 | 135 | 98.84 | 40.22 |
| Loans & advances | 67.92 | 69.24 | 55.10 | 51.73 | 31.86 | 32.18 | 22.81 |
| Total current assets | 401 | 350 | 336 | 285 | 283 | 276 | 189 |
| Total current liabilities | 201 | 141 | 161 | 123 | 113 | 135 | 87.81 |
| Net working capital | 201 | 209 | 175 | 162 | 170 | 141 | 101 |
| Total assets | 495 | 461 | 403 | 323 | 282 | 234 | 181 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 86.20 | 98.32 | 90.36 | 138 | 98.84 | 40.22 | 27.99 |
| Net cash from operating activities | 78.21 | 52.14 | 55.34 | 26.52 | 55.10 | 89.45 | 40.64 |
| Net cash from investing activities | (58.42) | (38.06) | (66.43) | (52.06) | (20.22) | (11.99) | (20.68) |
| Net cash from financing activities | (4.97) | (26.20) | 19.04 | (21.93) | 4.11 | (18.85) | (7.72) |
| Net change in cash | 14.82 | (12.12) | 7.96 | (47.47) | 38.99 | 58.62 | 12.24 |
| Closing cash | 99.32 | 80.05 | 89.11 | 88.75 | 135 | 98.84 | 40.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -10.4% | +6.1% | +0.3% | +25.7% | -14.5% | +23.3% | - |
| EBITDA growth | -34.6% | +14.4% | -12.6% | +77.3% | -43.9% | +146.5% | - |
| PBT growth | -55.3% | +40.6% | -15.3% | +93.0% | -44.0% | +174.8% | +39.4% |
| Net income growth | -27.9% | -13.8% | -0.3% | +63.2% | -42.7% | +167.0% | - |
| Revenue CAGR (3Y) | -1.5% | +10.2% | +2.5% | +9.8% | +5.1% | +27.3% | +20.3% |
| EBITDA CAGR (3Y) | -13.2% | +21.0% | -4.6% | +34.8% | +18.5% | +62.0% | +182.4% |
| Profitability & leverage | |||||||
| Net income margin | +7.0% | +14.4% | +10.7% | +12.3% | +8.4% | +12.8% | +5.7% |
| Return on capital employed | +11.5% | +20.7% | +23.2% | +29.9% | +21.8% | +46.3% | +23.5% |
| Return on net worth | +9.1% | +14.2% | +19.5% | +24.8% | +19.3% | +48.0% | +25.9% |
| Debt / equity | 0.16 | 0.18 | 0.18 | 0.22 | 0.30 | 0.44 | 0.80 |
| Long-term debt / equity | 0.07 | 0.07 | 0.06 | 0.09 | 0.17 | 0.26 | 0.39 |
| Interest cover | 11.87 | 5.43 | 6.78 | 8.78 | 17.63 | 10.48 | 27.68 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.72 | 2.27 | 2.84 | 3.99 | 3.76 | 4.97 | 5.03 |
| Inventory turnover | 3.18 | 3.96 | 4.43 | 5.52 | 5.15 | 6.74 | 5.44 |
| Debtors turnover | 10.02 | 12.03 | 12.55 | 17.83 | 9.55 | 8.56 | 7.78 |
| EPS (₹) | 17.74 | 40.55 | 113.49 | 129.82 | 70.18 | 126.15 | 50.30 |
| Dividend per share (₹) | 1.00 | 1.00 | 3.00 | 3.00 | 2.00 | 3.00 | 2.00 |
| Book value per share (₹) | 203.83 | 186.26 | 638.72 | 526.10 | 397.73 | 329.67 | 216.94 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 146 | 108 | 114 | 118 | 150 | 92.95 | 151 | 131 |
| Revenue growth (YoY) | -2.9% | +15.7% | -24.7% | -9.9% | +9.3% | -19.4% | - | - |
| Other income | 1.40 | 1.26 | 5.03 | 3.64 | 1.26 | 1.22 | 6.39 | 1.42 |
| Total expenses | 136 | 106 | 109 | 108 | 127 | 82.62 | 124 | 111 |
| EBITDA | 10.10 | 1.36 | 4.96 | 10.32 | 23.50 | 10.33 | 26.28 | 19.80 |
| EBITDA margin | +6.9% | +1.3% | +4.4% | +8.7% | +15.6% | +11.1% | +17.4% | +15.1% |
| Depreciation | 4.90 | 4.85 | 6.15 | 3.66 | 3.61 | 3.61 | 5.84 | 2.88 |
| Interest | 1.42 | 1.49 | 1.10 | 1.36 | 1.33 | 1.29 | 1.39 | 0.94 |
| Profit before tax | 5.18 | (3.72) | 2.74 | 8.94 | 19.82 | 6.65 | 25.44 | 17.40 |
| Tax | 0.37 | 0.00 | 1.68 | 2.23 | 5.01 | 1.67 | 5.67 | 4.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 475 | 535 | 494 | 490 | 412 | 483 | 390 |
| Revenue growth | -11.2% | +8.3% | +0.9% | +18.7% | -14.6% | +23.9% | - |
| Other income | 11.16 | 36.88 | 14.67 | 18.89 | 12.61 | 8.17 | 7.26 |
| Total expenses | 426 | 452 | 429 | 412 | 365 | 397 | 355 |
| Employee cost | 74.04 | 68.14 | 61.51 | 53.00 | 44.79 | 41.99 | 43.41 |
| EBITDA | 49.09 | 82.52 | 64.72 | 77.85 | 46.85 | 85.57 | 34.66 |
| EBITDA margin | +10.3% | +15.4% | +13.1% | +15.9% | +11.4% | +17.7% | +8.9% |
| Depreciation | 17.03 | 14.43 | 11.49 | 9.53 | 8.76 | 6.90 | 6.13 |
| Interest | 5.07 | 4.19 | 3.55 | 7.22 | 7.53 | 8.92 | 8.64 |
| Profit before tax | 38.15 | 101 | 64.35 | 79.99 | 43.17 | 77.92 | 27.15 |
| Tax | 10.59 | 24.63 | 16.82 | 23.11 | 10.73 | 19.11 | 8.00 |
| Net profit | 27.56 | 43.37 | 47.97 | 49.15 | 32.51 | 56.97 | 19.39 |
| Net profit margin | +5.8% | +8.1% | +9.7% | +10.0% | +7.9% | +11.8% | +5.0% |
| EPS (₹) | 13.26 | 36.61 | 91.36 | 109.38 | 62.38 | 113.14 | 40.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.40 | 10.40 | 2.60 | 2.60 | 2.60 | 2.60 | 2.35 |
| Reserves & surplus | 382 | 356 | 290 | 244 | 188 | 157 | 93.93 |
| Shareholders' funds (net worth) | 393 | 367 | 293 | 247 | 191 | 159 | 96.28 |
| Secured loans | 51.88 | 56.46 | 52.72 | 34.90 | 29.36 | 11.49 | 29.52 |
| Unsecured loans | 10.35 | 8.63 | 10.52 | 7.65 | 34.30 | 46.05 | 40.09 |
| Total debt | 62.23 | 65.09 | 63.24 | 42.55 | 63.66 | 57.54 | 69.61 |
| Total liabilities | - | - | 363 | 295 | 266 | 224 | 175 |
| Assets | |||||||
| Gross block | 316 | 270 | 227 | 149 | 118 | 106 | 93.05 |
| Net block | 243 | 210 | 179 | 107 | 82.79 | 76.58 | 69.96 |
| Capital work in progress | 27.06 | 18.61 | 9.14 | 23.23 | 13.83 | 3.91 | 0.90 |
| Investments | 10.44 | 10.43 | 15.03 | 14.64 | 14.47 | 14.42 | 10.69 |
| Inventories | 160 | 134 | 119 | 85.67 | 73.63 | 68.04 | 63.23 |
| Sundry debtors | 56.05 | 46.09 | 52.72 | 35.16 | 21.79 | 64.95 | 49.66 |
| Cash & bank balances | 87.41 | 69.06 | 61.66 | 73.23 | 112 | 89.34 | 35.04 |
| Loans & advances | 65.90 | 64.53 | 55.26 | 46.67 | 29.90 | 29.78 | 22.07 |
| Total current assets | 370 | 313 | 289 | 241 | 237 | 252 | 170 |
| Total current liabilities | 188 | 119 | 140 | 94.37 | 90.71 | 127 | 81.49 |
| Net working capital | 182 | 195 | 149 | 146 | 147 | 125 | 88.51 |
| Total assets | 463 | 440 | 363 | 295 | 266 | 224 | 175 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 75.20 | 70.86 | 74.84 | 115 | 89.34 | 35.04 | 23.54 |
| Net cash from operating activities | 74.89 | 49.33 | 42.23 | 15.70 | 41.57 | 83.60 | 38.73 |
| Net cash from investing activities | (56.04) | (45.30) | (65.32) | (33.73) | (19.94) | (9.86) | (19.51) |
| Net cash from financing activities | (4.94) | 0.30 | 19.12 | (22.28) | 4.18 | (19.44) | (7.72) |
| Net change in cash | 13.91 | 4.34 | (3.98) | (40.31) | 25.81 | 54.30 | 11.50 |
| Closing cash | 87.41 | 69.06 | 61.66 | 73.23 | 112 | 89.34 | 35.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -11.2% | +8.3% | +0.9% | +18.7% | -14.6% | +23.9% | - |
| EBITDA growth | -40.5% | +27.5% | -16.9% | +66.2% | -45.3% | +146.9% | - |
| PBT growth | -62.2% | +56.6% | -19.6% | +85.3% | -44.6% | +187.0% | +57.5% |
| Net income growth | -36.5% | -9.6% | -2.4% | +51.2% | -42.9% | +193.8% | - |
| Revenue CAGR (3Y) | -1.0% | +9.1% | +0.7% | +7.9% | +7.4% | +27.3% | +22.5% |
| EBITDA CAGR (3Y) | -14.3% | +20.8% | -8.9% | +31.0% | +19.4% | +63.9% | +371.8% |
| Profitability & leverage | |||||||
| Net income margin | +5.8% | +14.2% | +9.6% | +11.6% | +7.9% | +12.2% | +4.9% |
| Return on capital employed | +9.6% | +19.6% | +20.6% | +27.2% | +20.7% | +43.5% | +21.4% |
| Return on net worth | +7.3% | +17.1% | +17.6% | +22.5% | +18.5% | +46.0% | +21.9% |
| Debt / equity | 0.17 | 0.19 | 0.20 | 0.24 | 0.35 | 0.50 | 0.83 |
| Long-term debt / equity | 0.05 | 0.07 | 0.06 | 0.09 | 0.19 | 0.29 | 0.40 |
| Interest cover | 15.81 | 6.15 | 6.67 | 10.57 | 19.77 | 11.34 | 30.28 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.62 | 2.15 | 2.62 | 3.55 | 3.68 | 4.85 | 4.86 |
| Inventory turnover | 3.23 | 4.23 | 4.82 | 5.95 | 5.82 | 7.36 | 5.82 |
| Debtors turnover | 9.30 | 10.82 | 10.73 | 15.50 | 9.51 | 8.43 | 7.71 |
| EPS (₹) | 13.26 | 36.61 | 91.36 | 109.38 | 62.38 | 113.14 | 40.77 |
| Dividend per share (₹) | 1.00 | 1.00 | 3.00 | 3.00 | 2.00 | 3.00 | 2.00 |
| Book value per share (₹) | 188.84 | 176.29 | 562.86 | 474.24 | 367.23 | 306.45 | 204.85 |
To see the full year-wise statements and ratios of Bajaj Steel Industries Limited, buy the company report.
Board of directors of Bajaj Steel Industries Limited
Bajaj Steel Industries has 10 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Kumar Mahavir Prasad Sharma | Whole-Time Director | 16 Oct 2014 | 12 Years 0 Months | Current |
| Rohit Hargovind Bajaj | Managing Director | 01 Jul 2009 | 17 Years 4 Months | Current |
| Deepak Rajendranath Batra Also directs: Luk Bricks Private Limited, Nutraleci Industries LLP, Univenture Industries Private Limited and 2 more | Director | 10 Oct 2023 | 3 Years 1 Months | Current |
| Bhanupriya Nikhil Thakur Also directs: Virtual Galaxy Infotech Limited | Director | 14 Nov 2018 | 8 Years 0 Months | Current |
| Sunil Hargovind Bajaj Also directs: Tashi India Limited, Rukmani Metals and Gaseous Private Limited, Luk Plastcon Limited and 5 more | Whole-Time Director | 01 Oct 1985 | 41 Years 1 Months | Current |
| Mayank Arun Bhandari Also directs: MMP Industries Limited, MMP Electricals Private Limited, Star Circlips & Engineering Limited and 4 more | Director | 23 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Bajaj Steel Industries Limited is audited by B.Chhawchharia & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.Chhawchharia & Co | FY 2023 | 305123E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 56.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 43.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 56.60% | 56.60% | 56.60% | 48.30% |
| Public | 43.40% | 43.40% | 43.40% | 51.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2026 | 101315657 | Hdfc Bank Limited | ₹18.49 Lakh | Open | |
| 04 Jun 2026 | 101315661 | Hdfc Bank Limited | ₹18.49 Lakh | Open | |
| 04 Jun 2026 | 101319213 | Hdfc Bank Limited | ₹7.39 Lakh | Open | |
| 06 Jan 2026 | 101226642 | Hdfc Bank Limited | ₹18.49 Lakh | Open | |
| 22 Dec 2025 | 101215061 | Hdfc Bank Limited | ₹19.09 Lakh | Open |
To see the full charge records of Bajaj Steel Industries Limited, buy the company report.
Total charge records: 96 View all charges
Deals & funding
Bajaj Steel Industries Limited has 34 deals on record (32 market trades, 2 acquisitions); the latest was in February 2024.
Deals on record (5 of 34)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Market trade | ₹4.11 Cr | Buyer: Sidhi Vinimay Pvt.Ltd. , Dhanterash Suppliers Private Limited Seller: Dhanterash Suppliers Private Limited |
| Feb 2023 | Acquisition | Undisclosed | Buyer: Vsa Business Solutions Private Limited Seller: Bajaj Steel Industries Limited |
| Nov 2022 | Market trade | ₹27.99 Cr | Buyer: Sidhi Vinimay Pvt.Ltd. Seller: Glycosic Merchants Pvt.Ltd. |
| Aug 2021 | Market trade | ₹4.44 Cr | Buyer: Alpha Leon Enterprises LLP Seller: Alpha Leon Enterprises LLP |
| Oct 2016 | Market trade | ₹19.5 Lakh | Seller: Rachit Finsec Private Limited |
To see the full deal history of Bajaj Steel Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bajaj Steel Industries Limited has 136 court cases on record: 108 filed by Bajaj Steel Industries, 28 filed against it. 28 cases are pending and 108 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 72 | 14 | 25 |
| High courts | 64 | 14 | 3 |
Cases on record (5 of 136)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SPMA) | Filed against the company by Welcast Steels Ltd. | Disposed |
| Bombay High Court | Court case (AO) | Filed against the company by an individual | Pending |
| Bombay High Court | Appeal | Filed against the company | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Court case (MACP. Dkst.) | Filed against the company by individuals | Pending |
To see the full case history of Bajaj Steel Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Bajaj Steel Industries Limited was last rated by Crisil on 30 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Sep 2020 |
To see the full credit ratings and regulatory alerts of Bajaj Steel Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bajaj Steel Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bajaj Steel Industries Limited has a workforce of 281 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 281 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Bajaj Steel Industries Limited, buy the company report.
GST
Bajaj Steel Industries has 8 GST registrations: 3 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB5340H1ZY | Maharashtra | Active | 01 Jul 2017 |
| 23AAACB5340H1Z6 | Madhya Pradesh | Active | 01 Jul 2017 |
| 06AAACB5340H1Z2 | Haryana | Active | 03 Jan 2019 |
To see the full GST registrations and return filing status of Bajaj Steel Industries Limited, buy the company report.
Recent activity
Bajaj Steel Industries Limited has 44 board changes on record since 1961: 28 appointments and 16 cessations. The latest: Raja Iyer ceased to be Director on 26 Sep 2025.
218 earlier events are in the company report.
News
Frequently asked questions
Bajaj Steel Industries is an active public limited company based in Nagpur, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 14 February 1961 (65+ years old) and is registered under CIN L27100MH1961PLC011936. Listed on BSE: 507944 and NSE: BAJAJST.
Bajaj Steel Industries reported revenue of ₹524.18 Cr for FY 2025-26 (down 10.4% YoY) based on consolidated financials.
Bajaj Steel Industries has 10 current directors:
- Rohit Hargovind Bajaj - Managing Director
- Mahendra Kumar Mahavir Prasad Sharma - Whole-Time Director
- Sunil Hargovind Bajaj - Whole-Time Director
- Deepak Rajendranath Batra - Director
- Bhanupriya Nikhil Thakur - Director
- Mayank Arun Bhandari - Director
- Gaurav Damodar Sarda - Director
- Lav Bajaj - Director
- Pankaj Krishnamurari Agrawal - Director
- Rakesh Kumar Khator - Director
The latest financial statements of Bajaj Steel Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bajaj Steel Industries is 27AAACB5340H1ZY, registered in Maharashtra. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 23AAACB5340H1Z6 (Madhya Pradesh), 06AAACB5340H1Z2 (Haryana).
The CIN (Corporate Identification Number) of Bajaj Steel Industries is L27100MH1961PLC011936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bajaj Steel Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 507944) and NSE (symbol: BAJAJST).
Bajaj Steel Industries has 136 court cases on record: 108 filed by the company and 28 filed against it. 28 are pending. Most are in the district courts.
Bajaj Steel Industries was incorporated on 14 February 1961, making it 65+ years old. It is registered with the Registrar of Companies, Nagpur.
Bajaj Steel Industries has 34 deals on record (32 market trades, 2 acquisitions); the latest was in February 2024.

