Bajaj Steel Industries Ltd

Bajaj Steel Industries Limited submitted a certificate to the BSE Limited on October 6, 2026, confirming compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, as confirmed by its Registrar & Transfer Agent, Adroit Corporate Services Private Limited.

Bajaj Steel Industries Limited informed the BSE Limited that the trading window for dealing in the company's shares and securities will be closed from October 1, 2026, for Designated and Connected Persons and their immediate relatives, pending consideration and approval of the Unaudited Standalone & Consolidated Financial Results for the quarter ended September 30, 2026, and will remain closed for 48 hours after the announcement to the stock exchange.

Bajaj Steel Industries Limited will close its trading window for designated and connected persons and their immediate relatives starting October 1, 2026, in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended September 30, 2026, with the window remaining closed until 48 hours after the results are announced to the stock exchange.

Bajaj Steel Industries Ltd announced a clarification regarding the delayed submission of a credit rating disclosure to the BSE Limited, citing an inadvertent routing of an official communication from CRISIL Ratings to a spam folder. The company confirmed that there has been no material change in its credit ratings, and the existing ratings remain unchanged and reaffirmed by CRISIL Ratings, encompassing all instruments, including all instruments, and there have been no enhancements, assignments, or withdrawals related to these ratings.

Bajaj Steel Industries Ltd announced that CRISIL has reaffirmed its ratings on the company's bank loan facilities amounting to 194 Crore, with a long-term rating of CRISIL A/Stable and a short-term rating of CRISIL A1; additionally, CRISIL reaffirmed the rating of CRISIL A1 on the bank guarantee of 100, the rating of CRISIL A/Stable on the cash credit facility of 30, the rating of CRISIL A/Stable on the long term loan of 15, the rating of CRISIL A/Stable on the long term loan of 10, and the rating of CRISIL A1 on the non-fund based limit of 39, with no rating actions, enhancements, assignments, or withdrawals noted by any other rating agencies.

Bajaj Steel Industries Ltd share price ticked higher by 0.32% to Rs 389.45 after the company's net profit plunged by 111.64% to Rs 0.27 crore, while revenue from operations slightly gained 3.07% to Rs 120.35 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.77 lakh crore, easing 5.67%. It has inched up 3.57% over last one week and spiked sharply by 38.24% in last one month while the market capitalization of Bajaj Steel Industries Ltd has improved by 2.36% and 5.89% in the same period respectively. Profit before tax (PBT) of Bajaj Steel Industries Ltd stood at Rs 0.88 crore in Q2 FY26, nosediving by 91.14% year-on-year, and tanking 76.90% quarter-on-quarter. EBITDA came in at Rs 4 crore, tumbling by 63.46% YoY and rallying 14700.00% sequentially. Total expenses saw a slight increase of 1.69% to Rs 119.43 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 70.96 crore, inching up 3.97% YoY, while employee benefits expense was at Rs 20.78 crore, ticking higher by 0.97% YoY. For the TTM ended FY26, revenue from operations tick up 6.14% to Rs 584.79 crore, while net profit soared by 42.88% to Rs 84.33 crore, compared to previous TTM. EBITDA jumped by 6580% to Rs 79.7 crore, and PBT soared 40.60% to Rs 111.93 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 52.14 crore in FY26, as against Rs 55.34 crore in FY25. Bajaj Steel Industries Ltd crashed 23.64% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.63% during the same period.

Bajaj Steel Industries Limited has rescheduled its Board of Directors meeting from August 8, 2026, to August 10, 2026, to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited. The trading window for company insiders remains closed from July 1, 2026, and will reopen 48 hours after the results are declared.

Bajaj Steel Industries Limited will hold a board meeting on August 8, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, the company said in a filing with the BSE Limited. Trading window for designated and connected persons will remain closed from July 1, 2026, until 48 hours after the results are declared, as previously communicated on June 26, 2026.

Bajaj Steel Industries announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Net profit of Bajaj Steel Industries declined 87.15% to Rs 2.32 crore in the quarter ended March 2026 as against Rs 18.06 crore during the previous quarter ended March 2025. Sales declined 23.93% to Rs 116.76 crore in the quarter ended March 2026 as against Rs 153.50 crore during the previous quarter ended March 2025. For the full year,net profit declined 56.23% to Rs 36.91 crore in the year ended March 2026 as against Rs 84.33 crore during the previous year ended March 2025. Sales declined 10.36% to Rs 524.18 crore in the year ended March 2026 as against Rs 584.79 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales116.76153.50 -24 524.18584.79 -10 OPM %4.8015.75 -11.5015.75 - PBDT10.1129.28 -65 67.55100.35 -33 PBT3.8123.25 -84 50.0085.41 -41 NP2.3218.06 -87 36.9184.33 -56 Powered by Capital Market - Live