Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Bajaj Steel Inds
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 121.14 | 98.01 | 153.20 | 125.86 | 173.89 | 141.01 | 152.22 | 138.05 | 153.50 | 107.53 | 174.62 | 125.27 | 116.76 |
| Expenses + | 101.64 | 83.55 | 128.13 | 109.18 | 147.96 | 119.16 | 126.92 | 117.27 | 129.32 | 93.98 | 142.83 | 115.96 | 111.14 |
| Operating Profit | 19.50 | 14.46 | 25.07 | 16.68 | 25.93 | 21.85 | 25.30 | 20.78 | 24.18 | 13.55 | 31.79 | 9.31 | 5.62 |
| OPM % | 16.10% | 14.75% | 16.36% | 13.25% | 14.91% | 15.50% | 16.62% | 15.05% | 15.75% | 12.60% | 18.21% | 7.43% | 4.81% |
| Other Income + | 14.94 | 1.36 | 0.79 | 1.27 | 12.23 | 29.06 | 1.75 | 1.65 | 6.49 | 1.40 | 1.55 | 3.82 | 5.59 |
| Interest | 2.70 | 0.70 | 0.65 | 1.20 | 2.45 | 1.01 | 0.85 | 0.94 | 1.39 | 1.29 | 1.33 | 1.36 | 1.10 |
| Depreciation | 3.39 | 2.35 | 2.39 | 3.45 | 4.78 | 2.95 | 2.95 | 3.01 | 6.03 | 3.73 | 3.73 | 3.78 | 6.30 |
| Profit before tax | 28.35 | 12.77 | 22.82 | 13.30 | 30.93 | 46.95 | 23.25 | 18.48 | 23.25 | 9.93 | 28.28 | 7.99 | 3.81 |
| Tax % | 39.72% | 25.29% | 25.50% | 24.44% | 27.09% | 25.18% | 24.99% | 25.81% | 22.37% | 25.48% | 24.75% | 26.03% | 39.11% |
| Net Profit + | 17.09 | 9.54 | 17.01 | 10.05 | 22.55 | 35.13 | 17.43 | 13.71 | 18.06 | 7.40 | 21.28 | 5.91 | 2.32 |
| EPS in Rs | 8.22 | 4.59 | 8.18 | 4.83 | 10.84 | 16.89 | 8.38 | 6.59 | 8.68 | 3.56 | 10.23 | 2.84 | 1.12 |
Financials of Bajaj Steel Inds
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 334 | 307 | 237 | 247 | 376 | 414 | 510 | 437 | 549 | 551 | 585 | 524 |
| Expenses + | 316 | 297 | 235 | 226 | 345 | 376 | 418 | 385 | 457 | 470 | 492 | 464 |
| Operating Profit | 17 | 10 | 2 | 22 | 31 | 38 | 93 | 52 | 92 | 81 | 93 | 60 |
| OPM % | 5% | 3% | 1% | 9% | 8% | 9% | 18% | 12% | 17% | 15% | 16% | 12% |
| Other Income + | 4 | 7 | 2 | 4 | 5 | 9 | 10 | 13 | 19 | 15 | 39 | 12 |
| Interest | 9 | 9 | 9 | 9 | 10 | 9 | 9 | 8 | 7 | 5 | 5 | 5 |
| Depreciation | 13 | 11 | 8 | 6 | 4 | 6 | 7 | 9 | 10 | 12 | 15 | 18 |
| Profit before tax | 1 | -4 | -13 | 10 | 23 | 32 | 87 | 49 | 94 | 80 | 112 | 50 |
| Tax % | 240% | -23% | -25% | -9% | 40% | 25% | 25% | 25% | 28% | 26% | 25% | 26% |
| Net Profit + | -1 | -3 | -10 | 11 | 14 | 24 | 66 | 36 | 68 | 59 | 84 | 37 |
| EPS in Rs | -0.54 | -1.53 | -5.34 | 6.09 | 7.29 | 12.57 | 31.54 | 17.54 | 32.45 | 28.38 | 40.54 | 17.75 |
| Dividend Payout % | -93% | 0% | 0% | 6% | 7% | 4% | 2% | 3% | 2% | 3% | 2% | 6% |
Financials of Bajaj Steel Inds
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 10 | 10 |
| Reserves | 65 | 62 | 54 | 66 | 78 | 100 | 169 | 204 | 271 | 330 | 377 | 414 |
| Borrowings + | 84 | 81 | 81 | 81 | 75 | 70 | 58 | 64 | 43 | 64 | 65 | 63 |
| Other Liabilities + | 83 | 97 | 73 | 73 | 104 | 97 | 139 | 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 | 211 |
| 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 | 449 |
| Total Assets | 234 | 242 | 210 | 223 | 260 | 269 | 369 | 395 | 446 | 564 | 604 | 699 |
Financials of Bajaj Steel Inds
Operating, investing and financing cash movement
| 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 | |
| Cash from Investing Activity + | -14 | -10 | -0 | 2 | -7 | -21 | -12 | -20 | -52 | -66 | -38 | |
| Cash from Financing Activity + | 14 | -2 | 1 | 0 | -5 | -8 | -19 | 4 | -22 | 19 | -26 | |
| Net Cash Flow | -5 | -2 | -7 | 9 | 2 | 12 | 59 | 39 | -47 | 8 | -12 | |
| Free Cash Flow | -20 | -2 | -11 | 4 | 6 | 24 | 73 | 30 | -12 | -17 | -4 | |
| CFO/OP | -7% | 109% | -312% | 29% | 59% | 123% | 116% | 135% | 57% | 90% | 87% |
Financials of Bajaj Steel Inds
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 56 | 64 | 73 | 53 | 45 | 49 | 20 | 25 | 33 | 30 | 40 |
| Inventory Days | 119 | 147 | 145 | 150 | 131 | 117 | 117 | 144 | 150 | 184 | 197 | 251 |
| Days Payable | 75 | 105 | 81 | 77 | 68 | 78 | 110 | 87 | 107 | 109 | 92 | 134 |
| Cash Conversion Cycle | 97 | 97 | 128 | 146 | 116 | 85 | 56 | 77 | 68 | 108 | 135 | 156 |
| Working Capital Days | 11 | 15 | 16 | 19 | 27 | 25 | 18 | 1 | 28 | 29 | 54 | 48 |
| ROCE % | 7% | 3% | -3% | 14% | 21% | 25% | 47% | 23% | 31% | 24% | 21% | 12% |
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