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Earnings Call

Bajaj Steel Industries Earnings Call: Key Takeaways

Bajaj Steel (BSIL) reports FY26 revenue of ₹524.2Cr and PAT of ₹36.9Cr, navigating a challenging year marked by volatile cotton prices and export delays while diversifying into infrastructure and heavy engineering.

Highlights
Revenue growthFY26 revenue down 10.4% YoY to ₹524.2Cr.
MarginsEBITDA margin at 11.5% in FY26 vs 15.8% in FY25.
Order bookTotal order book of ₹587Cr as of March 31, 2026.
Demand visibilitySubdued export demand; domestic business registered healthy growth.

Growth

FY26 revenue fell 10.4% YoY; PAT declined 56.2%. Cotton Ginning segment saw subdued performance, while Infrastructure revenue grew ~30% YoY.

Outlook

Order book stands at ₹587Cr. Focus on diversification into PEBs, electrical panels, and heavy engineering (aerobridges and biomass plants).

Risks

Volatile global trade conditions, cotton price fluctuations, and customer site unpreparedness causing dispatch delays and deferred revenue recognition.

Source

Earnings Call filed with BSE, NSE: BAJAJST. Summary written with AI assistance from the document.

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Bajaj Steel Industries Ltd: key numbers

Share price
₹348.10
Market cap
₹724.0 Cr
Revenue (annual)
₹524.2 Cr
Net profit (annual)
₹36.90 Cr
P/E (TTM)
24.8×Sector 53.6×
Promoter holding
56.62%+0.00% QoQ
FII holding
0.04%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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