Synopsis:
Small-cap Bajaj group stock is in focus today after receiving a domestic order worth Rs. 9 crore and Rs. 100 crore towards advance payment of export order.
A Small-cap company that manufactures Cotton ginning and Pressing Machineries, Pre fabricated building structure, components and allied products, is in the spotlight after receiving an order worth Rs. 9 crore.
With the market capitalization of Rs. 1,118.73 crore, the shares of Bajaj Steel Industries Limited are trading at Rs. 537.85, up by 0.28 percent from its previous day’s close price of Rs. 536.35. It has touched an intraday high of Rs. 544.50 in today’s trading session, implying up by 1.5 percent from previous close price.
Work Order
Bajaj Steel Industries Limited has secured a domestic order worth approximately ₹9 crore for the design, supply, manufacturing, transportation, and erection of Pre-Engineered Building (PEB) works for a warehousing project. The execution timeline for this project is five months from the date of order receipt, including mobilization and related activities.
Additionally, the company has received an advance payment for an export order valued at around ₹100 crore, which was originally booked in 2022. This order involves the design, manufacturing, supply, supervision of installation, and commissioning of cotton ginning machines and equipment, scheduled to be executed and delivered over a one-year period.
About the Company
Bajaj Steel Industries Limited, established in 1961 and based in Nagpur, manufactures and supplies a wide range of cotton ginning and pressing machinery and related industrial equipment in India. Its products include double roller ginning machines, auto feeders, baling presses, pre-cleaners, lint cleaners, and fully automatic ginning plants, along with various conveying, cleaning, and waste-handling systems. The company also produces machined components, mechanical conveyors, humidification systems, and industrial structures such as chimneys, silos, tanks, and prefabricated steel buildings. Additionally, it provides electrical panels, hydraulic systems, fire safety equipment, and laser cutting solutions, and trades in cotton and related products.
As of September 2025, the company’s shareholding pattern shows that promoters hold 48.27 percent of the total equity, indicating strong promoter ownership. Foreign Institutional Investors (FIIs) hold 0.06 percent, while Domestic Institutional Investors (DIIs) own 0.01 percent. The public shareholding stands at 51.66 percent, reflecting a healthy level of retail participation in the company.
Financial Outlook
A return on equity (ROE) of about 17.9 percent, a return on capital employed (ROCE) of about 21.3 percent and debt to equity ratio of 0.17 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 19.8x lower as compared to its industry P/E 34.8x.
The company reported revenue of Rs. 107.53 crore in Q1FY26, a decline of 23.8 percent year-on-year from Rs. 141.01 crore in Q1FY25 and 29.9 percent quarter-on-quarter from Rs. 153.50 crore in Q4FY25. Net profit stood at Rs. 7.40 crore, down 78.9 percent YoY from Rs. 35.13 crore and 59.0 percent QoQ from Rs. 18.06 crore, indicating weaker operational performance compared to both the previous quarter and the same period last year.
Written by Akshay Sanghavi
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