About Shri Bajrang Alliance Limited
Data last updated:
Shri Bajrang Alliance Limited is a public limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN L27103CT1990PLC005964. Its GSTIN is 22AAECS9218D1ZM (Chattisgarh). The company holds 13 GST registrations, of which 10 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526981 and NSE: SHBAJRG.
The company has an authorised share capital of ₹20.37 Cr and a paid-up capital of ₹9 Cr. It was formerly known as Shri Bajrang Alloys Limited. It is led by directors including Anand Goel (Managing Director) and Archit Goel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 521/C Urla Industrial Complex Urla 493221, Raipur, Chhattisgarh, India.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹270.98 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹44.26 Cr (net margin 16.3%) and EBITDA of ₹3.88 Cr (EBITDA margin 1.4%). The net worth stands at ₹383.7 Cr (up 14.3% YoY). Total assets are valued at ₹488.47 Cr (up 12.5% YoY).
The company has about 106 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 3 brands: GOELD, Goel Tmt and Shri Bajrang Alliance. As per MCA filings, the company has open charges of ₹395.84 Cr and satisfied charges of ₹2,925.21 Cr on record. Court records list 16 cases involving the company, including 9 filed by the company and 7 filed against it; 2 cases are pending. The company has 48 deals on record (48 market trades); the latest was in March 2023. Its 7 peer companies in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Shriram Navinkumar & Sons Ispat Private Limited with revenue of ₹408.98 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goeltmt.com.
Company details
CIN history
Shri Bajrang Alliance has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L27103CT1990PLC005964, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27103CT1990PLC005964 | Current |
| L27103MP1990PLC005964 | Previous |
| U27103CT1990PLC005964 | Previous |
Contact details
Shri Bajrang Alliance Limited's registered office is in Raipur, Chhattisgarh. Its website is goeltmt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address521/C Urla Industrial Complex Urla 493221, Raipur, Chhattisgarh, India
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Shri Bajrang Alliance 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
Shri Bajrang Alliance operates multiple associated brands including GOELD, Goel Tmt, and Shri Bajrang Alliance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells vegetarian frozen foods, snacks, breads, curries, vegetables, and essential oils. | goeld.com | |
| Industrial steel products have been manufactured since 2007. | goeltmt.com | |
| Structural steel products, frozen foods, and essential oils are manufactured. | sbal.co.in |
Business activity
The main business activity of Shri Bajrang Alliance is manufacturing. In detail, this covers metal and metal products and food, beverages and tobacco 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 | C7 | Metal and metal products | |
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Shri Bajrang Alliance Limited, buy the company report.
Financials of Shri Bajrang Alliance Limited
FY 2025-26 filings availableShri Bajrang Alliance Limited reported revenue of ₹270.98 Cr (down 32% 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 | 271 | 398 | 570 | 524 | 171 | 214 | 175 |
| Revenue growth | -32.0% | -30.1% | +8.8% | +206.8% | -20.1% | +22.4% | - |
| EBITDA | 3.88 | 4.16 | 4.63 | 10.88 | 9.06 | 9.06 | 3.33 |
| EBITDA margin | +1.4% | +1.0% | +0.8% | +2.1% | +5.3% | +4.2% | +1.9% |
| Profit before tax | 3.81 | 2.55 | 4.87 | 7.10 | 6.86 | 2.87 | 1.01 |
| Net profit | 44.26 | 32.63 | 40.86 | 34.17 | 71.39 | 30.69 | 14.02 |
| Net profit margin | +16.3% | +8.2% | +7.2% | +6.5% | +41.8% | +14.4% | +8.0% |
| EPS (₹) | 49.18 | 36.22 | 45.40 | 37.97 | 80.08 | 34.21 | 15.54 |
| Balance sheet | |||||||
| Total assets | 488 | 434 | 361 | 322 | 267 | 212 | 164 |
| Net worth | 384 | 336 | 301 | 259 | 225 | 153 | 117 |
| Total debt | 104 | 97.60 | 59.45 | 54.16 | 41.48 | 58.14 | 46.82 |
| Cash & bank | 0.32 | 0.18 | 1.51 | 0.27 | 0.47 | 0.39 | 0.33 |
| Net working capital | 109 | 90.89 | 62.41 | 54.36 | 40.78 | 54.28 | 38.72 |
| Cash flow | |||||||
| Cash from operations | (10.27) | (23.66) | 0.26 | (2.54) | 21.02 | 1.75 | 7.54 |
| Cash from investing | 4.77 | (14.59) | (6.62) | (5.04) | (5.31) | (6.84) | (30.32) |
| Cash from financing | 5.51 | 36.91 | 7.61 | 7.37 | (15.51) | 5.11 | 22.84 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 47.29 | 46.96 | 87.40 | 89.34 | 80.43 | 107 | 80.21 |
| Revenue growth (YoY) | +17.5% | -41.2% | -56.2% | +9.0% | -31.5% | - | - | - |
| Other income | 0.82 | 4.13 | 0.09 | 0.28 | 0.23 | 1.96 | 0.10 | 0.22 |
| EBITDA | 2.78 | 0.76 | (2.50) | 3.12 | 2.49 | 1.56 | 0.89 | 1.02 |
| EBITDA margin | +2.6% | +1.6% | -5.3% | +3.6% | +2.8% | +1.9% | +0.8% | +1.3% |
| Depreciation | 1.04 | 0.97 | 0.83 | 0.83 | 0.82 | 0.80 | 0.81 | 0.81 |
| Interest | 0.39 | 0.32 | 0.47 | 0.26 | 0.28 | 1.13 | 0.04 | 0.01 |
| Profit before tax | 2.17 | 3.60 | (3.71) | 2.31 | 1.62 | 1.59 | 0.14 | 0.42 |
| Tax | 0.48 | 1.27 | (1.44) | 0.65 | 0.47 | 0.56 | (0.17) | (0.02) |
| Net profit | 1.69 | 2.33 | (2.27) | 1.66 | 1.15 | 1.03 | 0.31 | 0.44 |
| EPS (₹) | 10.72 | 21.56 | 6.86 | 11.23 | 9.53 | 12.59 | 7.56 | 8.34 |
| 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 | 271 | 398 | 570 | 524 | 171 | 214 | 171 |
| Revenue growth | -32.0% | -30.1% | +8.8% | +206.8% | -20.1% | +24.8% | - |
| EBITDA | 3.88 | 4.15 | 4.63 | 10.89 | 9.06 | 9.07 | 3.31 |
| EBITDA margin | +1.4% | +1.0% | +0.8% | +2.1% | +5.3% | +4.2% | +1.9% |
| Profit before tax | 15.52 | 5.15 | 4.86 | 6.92 | 6.84 | 2.85 | 1.13 |
| Net profit | 14.57 | 4.63 | 3.12 | 5.52 | 3.10 | 2.07 | 0.86 |
| Net profit margin | +5.4% | +1.2% | +0.6% | +1.1% | +1.8% | +1.0% | +0.5% |
| EPS (₹) | 16.19 | 5.16 | 3.47 | 6.12 | 4.20 | 2.42 | 0.92 |
| Balance sheet | |||||||
| Total assets | 202 | 178 | 119 | 118 | 91.94 | 105 | 85.89 |
| Net worth | 97.54 | 79.35 | 59.05 | 55.37 | 50.13 | 46.25 | 38.90 |
| Total debt | 104 | 97.60 | 59.45 | 54.16 | 41.36 | 57.98 | 46.69 |
| Cash & bank | 0.32 | 0.18 | 1.43 | 0.15 | 0.41 | 0.30 | 0.23 |
| Net working capital | 109 | 90.89 | 62.32 | 54.28 | 40.71 | 54.17 | 38.66 |
| Cash flow | |||||||
| Cash from operations | (10.27) | (23.66) | (0.68) | (2.76) | 24.39 | 1.77 | 7.38 |
| Cash from investing | 4.77 | (14.51) | (5.65) | (8.48) | (5.31) | (5.12) | (32.70) |
| Cash from financing | 5.51 | 36.91 | 7.61 | 10.98 | (18.85) | 3.38 | 25.32 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 47.29 | 46.96 | 87.40 | 89.34 | 80.43 | 107 | 80.21 |
| Revenue growth (YoY) | +17.5% | -41.2% | -56.2% | +9.0% | -31.5% | - | - | - |
| Other income | 2.44 | 8.12 | 4.31 | 2.43 | 1.58 | 4.45 | 0.13 | 0.22 |
| Total expenses | 102 | 46.53 | 49.46 | 84.28 | 86.85 | 78.88 | 106 | 79.19 |
| EBITDA | 2.78 | 0.76 | (2.50) | 3.12 | 2.49 | 1.55 | 0.89 | 1.02 |
| EBITDA margin | +2.6% | +1.6% | -5.3% | +3.6% | +2.8% | +1.9% | +0.8% | +1.3% |
| Depreciation | 1.04 | 0.97 | 0.83 | 0.83 | 0.82 | 0.80 | 0.81 | 0.81 |
| Interest | 0.39 | 0.32 | 0.47 | 0.26 | 0.28 | 1.13 | 0.04 | 0.01 |
| Profit before tax | 3.79 | 7.59 | 0.51 | 4.46 | 2.97 | 4.07 | 0.17 | 0.42 |
| Tax | 0.48 | 1.27 | (1.44) | 0.65 | 0.47 | 0.56 | (0.17) | (0.02) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 47.29 | 46.96 | 87.40 | 89.34 | 80.43 | 107 | 80.21 |
| Revenue growth (YoY) | +17.5% | -41.2% | -56.2% | +9.0% | -31.5% | - | - | - |
| Other income | 0.82 | 4.13 | 0.09 | 0.28 | 0.23 | 1.96 | 0.10 | 0.22 |
| EBITDA | 2.78 | 0.76 | (2.50) | 3.12 | 2.49 | 1.56 | 0.89 | 1.02 |
| EBITDA margin | +2.6% | +1.6% | -5.3% | +3.6% | +2.8% | +1.9% | +0.8% | +1.3% |
| Depreciation | 1.04 | 0.97 | 0.83 | 0.83 | 0.82 | 0.80 | 0.81 | 0.81 |
| Interest | 0.39 | 0.32 | 0.47 | 0.26 | 0.28 | 1.13 | 0.04 | 0.01 |
| Profit before tax | 2.17 | 3.60 | (3.71) | 2.31 | 1.62 | 1.59 | 0.14 | 0.42 |
| Tax | 0.48 | 1.27 | (1.44) | 0.65 | 0.47 | 0.56 | (0.17) | (0.02) |
| Net profit | 1.69 | 2.33 | (2.27) | 1.66 | 1.15 | 1.03 | 0.31 | 0.44 |
| EPS (₹) | 10.72 | 21.56 | 6.86 | 11.23 | 9.53 | 12.59 | 7.56 | 8.34 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 271 | 398 | 570 | 524 | 171 | 214 | 175 |
| Revenue growth | -32.0% | -30.1% | +8.8% | +206.8% | -20.1% | +22.4% | - |
| Other income | 4.73 | 2.86 | 4.34 | 1.45 | 3.17 | 0.36 | 0.06 |
| Total expenses | 267 | 394 | 565 | 513 | 162 | 205 | 171 |
| Employee cost | 13.17 | 16.29 | 12.49 | 12.27 | 11.04 | 8.29 | 3.65 |
| EBITDA | 3.88 | 4.16 | 4.63 | 10.88 | 9.06 | 9.06 | 3.33 |
| EBITDA margin | +1.4% | +1.0% | +0.8% | +2.1% | +5.3% | +4.2% | +1.9% |
| Depreciation | 3.45 | 3.21 | 3.05 | 2.78 | 2.60 | 2.08 | 0.28 |
| Interest | 1.35 | 1.26 | 1.05 | 2.45 | 2.77 | 4.47 | 2.10 |
| Profit before tax | 3.81 | 2.55 | 4.87 | 7.10 | 6.86 | 2.87 | 1.01 |
| Tax | 0.95 | 0.52 | 1.74 | 1.45 | 3.06 | 0.69 | 0.33 |
| Net profit | 44.26 | 32.63 | 40.86 | 34.17 | 71.39 | 30.69 | 14.02 |
| Net profit margin | +16.3% | +8.2% | +7.2% | +6.5% | +41.8% | +14.4% | +8.0% |
| EPS (₹) | 49.18 | 36.22 | 45.40 | 37.97 | 80.08 | 34.21 | 15.54 |
| 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 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves & surplus | 375 | 327 | 292 | 250 | 216 | 144 | 108 |
| Shareholders' funds (net worth) | 384 | 336 | 301 | 259 | 225 | 153 | 117 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 23.95 | 17.36 | 25.06 | 41.58 | 33.83 | 41.32 | 20.42 |
| Unsecured loans | 80.07 | 80.24 | 34.39 | 12.58 | 7.65 | 16.82 | 26.40 |
| Total debt | 104 | 97.60 | 59.45 | 54.16 | 41.48 | 58.14 | 46.82 |
| Total liabilities | 488 | 434 | 361 | 322 | 267 | 212 | 164 |
| Assets | |||||||
| Gross block | 72.60 | 56.57 | 52.90 | 46.71 | 47.36 | 45.02 | 9.02 |
| Net block | 54.69 | 42.09 | 41.59 | 38.41 | 41.84 | 42.10 | 8.19 |
| Capital work in progress | 0.00 | 0.00 | 0.10 | 0.10 | 0.00 | 0.39 | 29.37 |
| Investments | 329 | 303 | 259 | 228 | 187 | 115 | 85.67 |
| Inventories | 92.64 | 81.93 | 50.36 | 40.87 | 24.59 | 32.02 | 28.40 |
| Sundry debtors | 20.44 | 21.44 | 50.42 | 59.91 | 18.80 | 24.67 | 52.07 |
| Cash & bank balances | 0.32 | 0.18 | 1.51 | 0.27 | 0.47 | 0.39 | 0.33 |
| Loans & advances | 32.37 | 18.50 | 11.39 | 4.59 | 3.64 | 10.64 | 8.48 |
| Total current assets | 146 | 122 | 114 | 106 | 47.50 | 67.72 | 89.28 |
| Total current liabilities | 36.59 | 31.16 | 51.27 | 51.28 | 6.72 | 13.44 | 50.56 |
| Net working capital | 109 | 90.89 | 62.41 | 54.36 | 40.78 | 54.28 | 38.72 |
| Total assets | 488 | 434 | 361 | 322 | 267 | 212 | 164 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.07 | 1.41 | 0.17 | 0.38 | 0.16 | 0.14 | 0.08 |
| Net cash from operating activities | (10.27) | (23.66) | 0.26 | (2.54) | 21.02 | 1.75 | 7.54 |
| Net cash from investing activities | 4.77 | (14.59) | (6.62) | (5.04) | (5.31) | (6.84) | (30.32) |
| Net cash from financing activities | 5.51 | 36.91 | 7.61 | 7.37 | (15.51) | 5.11 | 22.84 |
| Net change in cash | 0.00 | (1.34) | 1.24 | (0.21) | 0.21 | 0.02 | 0.06 |
| Closing cash | 0.32 | 0.18 | 1.51 | 0.27 | 0.47 | 0.39 | 0.33 |
| 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 | -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 / equity | 0.28 | 0.25 | 0.21 | 0.20 | 0.27 | 0.40 | 0.31 |
| Long-term debt / equity | 0.04 | 0.02 | 0.01 | 0.03 | 0.06 | 0.05 | 0.00 |
| Interest cover | 313.95 | 132.63 | 66.46 | 30.25 | 42.88 | 64.04 | 68.85 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.42 | 7.74 | 12.24 | 11.96 | 3.98 | 9.02 | 30.12 |
| Inventory turnover | 3.10 | 6.02 | 12.49 | 16.00 | 6.03 | 7.07 | 5.21 |
| Debtors turnover | 12.94 | 11.09 | 10.33 | 13.31 | 7.85 | 5.57 | 5.41 |
| EPS (₹) | 49.18 | 36.22 | 45.40 | 37.97 | 80.08 | 34.21 | 15.54 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 422.71 | 369.51 | 330.46 | 284.52 | 246.85 | 166.66 | 126.57 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 47.29 | 46.96 | 87.40 | 89.34 | 80.43 | 107 | 80.21 |
| Revenue growth (YoY) | +17.5% | -41.2% | -56.2% | +9.0% | -31.5% | - | - | - |
| Other income | 2.44 | 8.12 | 4.31 | 2.43 | 1.58 | 4.45 | 0.13 | 0.22 |
| Total expenses | 102 | 46.53 | 49.46 | 84.28 | 86.85 | 78.88 | 106 | 79.19 |
| EBITDA | 2.78 | 0.76 | (2.50) | 3.12 | 2.49 | 1.55 | 0.89 | 1.02 |
| EBITDA margin | +2.6% | +1.6% | -5.3% | +3.6% | +2.8% | +1.9% | +0.8% | +1.3% |
| Depreciation | 1.04 | 0.97 | 0.83 | 0.83 | 0.82 | 0.80 | 0.81 | 0.81 |
| Interest | 0.39 | 0.32 | 0.47 | 0.26 | 0.28 | 1.13 | 0.04 | 0.01 |
| Profit before tax | 3.79 | 7.59 | 0.51 | 4.46 | 2.97 | 4.07 | 0.17 | 0.42 |
| Tax | 0.48 | 1.27 | (1.44) | 0.65 | 0.47 | 0.56 | (0.17) | (0.02) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 271 | 398 | 570 | 524 | 171 | 214 | 171 |
| Revenue growth | -32.0% | -30.1% | +8.8% | +206.8% | -20.1% | +24.8% | - |
| Other income | 16.44 | 5.47 | 4.33 | 1.25 | 3.14 | 0.32 | 0.05 |
| Total expenses | 267 | 394 | 565 | 513 | 162 | 205 | 168 |
| Employee cost | 13.17 | 16.29 | 12.49 | 12.26 | 11.04 | 8.29 | 3.54 |
| EBITDA | 3.88 | 4.15 | 4.63 | 10.89 | 9.06 | 9.07 | 3.31 |
| EBITDA margin | +1.4% | +1.0% | +0.8% | +2.1% | +5.3% | +4.2% | +1.9% |
| Depreciation | 3.45 | 3.21 | 3.05 | 2.78 | 2.60 | 2.08 | 0.28 |
| Interest | 1.35 | 1.26 | 1.05 | 2.44 | 2.76 | 4.46 | 1.95 |
| Profit before tax | 15.52 | 5.15 | 4.86 | 6.92 | 6.84 | 2.85 | 1.13 |
| Tax | 0.95 | 0.52 | 1.74 | 1.40 | 3.06 | 0.69 | 0.30 |
| Net profit | 14.57 | 4.63 | 3.12 | 5.52 | 3.10 | 2.07 | 0.86 |
| Net profit margin | +5.4% | +1.2% | +0.6% | +1.1% | +1.8% | +1.0% | +0.5% |
| EPS (₹) | 16.19 | 5.16 | 3.47 | 6.12 | 4.20 | 2.42 | 0.92 |
| 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 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves & surplus | 88.54 | 70.35 | 50.05 | 46.37 | 41.13 | 37.25 | 29.90 |
| Shareholders' funds (net worth) | 97.54 | 79.35 | 59.05 | 55.37 | 50.13 | 46.25 | 38.90 |
| Secured loans | 23.95 | 17.36 | 25.06 | 41.58 | 33.83 | 41.32 | 20.42 |
| Unsecured loans | 80.07 | 80.24 | 34.39 | 12.58 | 7.53 | 16.66 | 26.27 |
| Total debt | 104 | 97.60 | 59.45 | 54.16 | 41.36 | 57.98 | 46.69 |
| Total liabilities | 202 | 178 | 119 | 118 | 91.94 | 105 | 85.89 |
| Assets | |||||||
| Gross block | 72.60 | 56.57 | 52.90 | 46.71 | 47.36 | 45.02 | 9.02 |
| Net block | 54.69 | 42.09 | 41.59 | 38.41 | 41.84 | 42.10 | 8.19 |
| Capital work in progress | 0.00 | 0.00 | 0.10 | 0.10 | 0.00 | 0.39 | 29.37 |
| Investments | 42.46 | 46.68 | 17.52 | 24.43 | 11.20 | 7.57 | 7.20 |
| Inventories | 92.64 | 81.93 | 50.36 | 40.87 | 24.59 | 32.02 | 28.40 |
| Sundry debtors | 20.44 | 21.44 | 50.42 | 59.91 | 18.80 | 24.67 | 52.07 |
| Cash & bank balances | 0.32 | 0.18 | 1.43 | 0.15 | 0.41 | 0.30 | 0.23 |
| Loans & advances | 32.37 | 18.50 | 11.37 | 4.58 | 3.62 | 10.62 | 8.49 |
| Total current assets | 146 | 122 | 114 | 106 | 47.42 | 67.61 | 89.19 |
| Total current liabilities | 36.59 | 31.16 | 51.26 | 51.23 | 6.71 | 13.44 | 50.53 |
| Net working capital | 109 | 90.89 | 62.32 | 54.28 | 40.71 | 54.17 | 38.66 |
| Total assets | 202 | 178 | 119 | 118 | 91.94 | 105 | 85.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.07 | 1.33 | 0.05 | 0.32 | 0.08 | 0.05 | 0.04 |
| Net cash from operating activities | (10.27) | (23.66) | (0.68) | (2.76) | 24.39 | 1.77 | 7.38 |
| Net cash from investing activities | 4.77 | (14.51) | (5.65) | (8.48) | (5.31) | (5.12) | (32.70) |
| Net cash from financing activities | 5.51 | 36.91 | 7.61 | 10.98 | (18.85) | 3.38 | 25.32 |
| Net change in cash | 0.00 | (1.26) | 1.28 | (0.26) | 0.24 | 0.03 | 0.00 |
| Closing cash | 0.32 | 0.18 | 1.43 | 0.15 | 0.41 | 0.30 | 0.23 |
| 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 | -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 / equity | 1.18 | 1.19 | 1.05 | 0.97 | 1.11 | 1.33 | 0.94 |
| Long-term debt / equity | 0.18 | 0.11 | 0.05 | 0.15 | 0.25 | 0.17 | 0.00 |
| Interest cover | 313.95 | 134.04 | 66.46 | 30.09 | 42.72 | 63.81 | 64.36 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.42 | 7.74 | 12.24 | 11.96 | 3.98 | 9.02 | 29.55 |
| Inventory turnover | 3.10 | 6.02 | 12.49 | 16.00 | 6.03 | 7.07 | 5.11 |
| Debtors turnover | 12.94 | 11.09 | 10.33 | 13.31 | 7.85 | 5.57 | 5.31 |
| EPS (₹) | 16.19 | 5.16 | 3.47 | 6.12 | 4.20 | 2.42 | 0.92 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 104.76 | 84.54 | 61.99 | 57.91 | 52.08 | 47.77 | 39.47 |
To see the full year-wise statements and ratios of Shri Bajrang Alliance Limited, buy the company report.
Board of directors of Shri Bajrang Alliance Limited
Shri Bajrang Alliance has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Goel Also directs: Shri Bajrang Chemical Distillery LLP, Shri Bajrang Commodity LLP, MG Lifespaces LLP and 3 more | Managing Director | 31 Jul 2000 | 26 Years 3 Months | Current |
| Archit Goel | Whole-Time Director | 11 Feb 2020 | 6 Years 8 Months | Current |
| Anshul Dave Also directs: Shri Bajrang Power and Ispat Limited, Oceans Bridge Financial Advisory LLP, Spotlight Vanijya Ltd and 3 more | Director | 13 Aug 2021 | 5 Years 2 Months | Current |
| Shalini Shukla | Director | 11 Jun 2025 | 1 Years 4 Months | Current |
| Ravinder Singh Rajput | Director | 03 May 2024 | 2 Years 5 Months | Current |
| John Cherian | Director | 04 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Shri Bajrang Alliance Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shriram Navinkumar & Sons Ispat Private Limited | ₹408.98 Cr (FY 2025) | -22.0% | Raipur, Chhattisgarh, India | |||
| Agroha Steel and Power Private Limited | ₹408.2 Cr (FY 2025) | -21.0% | Raigarh, Chhattisgarh, India | |||
| Ans Steel Tubes Limited | ₹407.31 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Knauf Ceiling Solutions (India) Private Limited | ₹403.67 Cr (FY 2025) | -10.0% | Pune, Maharashtra, India | |||
| Shri Balaji Industrial Engineering Limited | ₹401.26 Cr (FY 2024) | 0.0% | Jaipur, Rajasthan, India | |||
| Baba Structural Private Limited | ₹401.08 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Maa Chhinnmastika Cement and Ispat Private Limited | ₹400.11 Cr (FY 2025) | 8.0% | Ramgarh, Jharkhand, India | |||
| Shri Bajrang Alliance Limitedthis company | ₹270.98 Cr (FY 2026) | ₹44.26 Cr | 16.3% | -32.0% | 106 | Raipur, Chhattisgarh, India |
To see the full peer comparison of Shri Bajrang Alliance Limited, buy the company report.
Auditor
Shri Bajrang Alliance Limited is audited by S S S D & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S S D & CO | FY 2024 | 020203C |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 64.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 36.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 64.00% | 64.00% | 64.00% | 64.00% |
| Public | 36.00% | 36.00% | 36.00% | 36.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jun 2025 | 101108506 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 22 May 2024 | 100926650 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 31 Mar 2022 | 100575418 | Others | ₹369.84 Cr | Open | |
| 20 Dec 2021 | 100516552 | State Bank of India | ₹108 Cr | Satisfied | |
| 15 Jul 2020 | 100354083 | State Bank of India | ₹32.5 Cr | Satisfied |
To see the full charge records of Shri Bajrang Alliance Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Shri Bajrang Alliance Limited has 48 deals on record (48 market trades); the latest was in March 2023.
Deals on record (5 of 48)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2008 | Market trade | ₹72.5 Lakh | Buyer: Epoch Synthetics Pvt.Ltd. Seller: an individual |
| Jan 2008 | Market trade | ₹84.1 Lakh | Seller: Diamant Infrastructure Limited |
| Dec 2007 | Market trade | ₹1.33 Cr | Buyer: Diamant Infrastructure Limited Seller: Swastik Mercantiles Limited |
| Dec 2007 | Market trade | ₹1.68 Cr | Seller: Shimmer Investment Pvt. Ltd, Swastik Mercantiles Limited |
| Dec 2007 | Market trade | ₹11.7 Cr | Buyer: 3 individuals Seller: Shimmer Investment Pvt. Ltd., Swastik Mercantiles Limited |
To see the full deal history of Shri Bajrang Alliance 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
Shri Bajrang Alliance Limited has 16 court cases on record: 9 filed by Shri Bajrang Alliance, 7 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 2 |
| High courts | 8 | 5 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Quadricon Pvt. Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Era Infra Engineering Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Shree Jayalakshmi Powercorp Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against Shree Jayalakshmi Powercorp Limited & Anr | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by Quadricon Pvt. Ltd | Disposed |
To see the full case history of Shri Bajrang Alliance 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
Shri Bajrang Alliance Limited was last rated by Indiarating on 16 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 16 Nov 2021 |
To see the full credit ratings and regulatory alerts of Shri Bajrang Alliance Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shri Bajrang Alliance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shri Bajrang Alliance has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Popular Mercantile Private Limited | U51909CT2010PTC002117 |
To see the full group structure of Shri Bajrang Alliance Limited, buy the company report.
Employees & EPFO
Shri Bajrang Alliance Limited has a workforce of 106 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Shri Bajrang Alliance has 13 GST registrations: 10 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAECS9218D1ZM | Chattisgarh | Active | 01 Jul 2017 |
| 08AAECS9218D1ZC | Rajasthan | Active | 24 Mar 2020 |
| 27AAECS9218D1ZC | Maharashtra | Active | 02 May 2020 |
| 29AAECS9218D1Z8 | Karnataka | Active | 25 Jun 2020 |
To see the full GST registrations and return filing status of Shri Bajrang Alliance Limited, buy the company report.
Recent activity
Shri Bajrang Alliance Limited has 24 board changes on record since 1990: 16 appointments and 8 cessations. The latest: Shalini Shukla was appointed as Director on 11 Jun 2025.
69 earlier events are in the company report.
News
Frequently asked questions
Shri Bajrang Alliance is an active public limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 August 1990 (36+ years old) and is registered under CIN L27103CT1990PLC005964. Listed on BSE: 526981 and NSE: SHBAJRG.
Shri Bajrang Alliance reported revenue of ₹270.98 Cr for FY 2025-26 (down 32% YoY) based on consolidated financials.
Shri Bajrang Alliance has 6 current directors:
- Anand Goel - Managing Director
- Archit Goel - Whole-Time Director
- Anshul Dave - Director
- Shalini Shukla - Director
- Ravinder Singh Rajput - Director
- John Cherian - Director
The latest financial statements of Shri Bajrang Alliance on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shri Bajrang Alliance is 22AAECS9218D1ZM, registered in Chattisgarh. The company has 13 GST registrations in all, of which 10 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAECS9218D1ZC (Rajasthan), 27AAECS9218D1ZC (Maharashtra), 29AAECS9218D1Z8 (Karnataka).
The CIN (Corporate Identification Number) of Shri Bajrang Alliance is L27103CT1990PLC005964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shri Bajrang Alliance is a listed company as per MCA records. Its shares are listed on both BSE (code: 526981) and NSE (symbol: SHBAJRG).
Shri Bajrang Alliance has 16 court cases on record: 9 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Shri Bajrang Alliance was incorporated on 16 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Shri Bajrang Alliance has 48 deals on record (48 market trades); the latest was in March 2023.
The peers of Shri Bajrang Alliance by revenue are Shriram Navinkumar & Sons Ispat Private Limited, Agroha Steel and Power Private Limited, Ans Steel Tubes Limited, Knauf Ceiling Solutions (India) Private Limited, Shri Balaji Industrial Engineering Limited and 2 more, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
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