Shri Bajrang Alliance Ltd Stock Analysis

BSE: 526981 | NSE: | Engineering - Industrial Equipments | Small Cap

BSE Share Price 02-Dec-2022 18:01
180.55 -2.35 (-1.28%)

DeciZen - Make an Informed Decision on Shri Bajrang Allianc

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Shri Bajrang Allianc Price Chart

P/E Ratio (SA) :
144.57
Market Cap :
162.5 Cr.
52-wk low :
152.3
52-wk high :
319
Bole Toh?

1. Is Shri Bajrang Alliance Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shri Bajrang Alliance Ltd is a below average quality company.

2. Is Shri Bajrang Alliance Ltd undervalued or overvalued?

The key valuation ratios of Shri Bajrang Alliance Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Shri Bajrang Alliance Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shri Bajrang Alliance Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shri Bajrang Allianc:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shri Bajrang Alliance Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.9%4.9%3.5%-0.3%3.9%4%5.6%3.1%5.5%5%-
Value Creation Index -0.6-0.7-0.8-1.0-0.7-0.7-0.6-0.8-0.6-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13010772.470.476.6101157171214171218
YoY Gr. Rt. %--17.3%-32.5%-2.8%8.9%31.2%56.1%9.1%24.8%-20.1%-
Adj EPS 1.51.40.7-1.811.31.60.92.33.21.3
YoY Gr. Rt. %--8.6%-49.6%-357.1%NA26%22.1%-41.3%146.8%39.7%-
BVPS (₹) 2829.331.630.231.23738.739.547.852.155.6
Adj Net Profit 1.41.30.6-1.60.91.21.40.92.12.91
Cash Flow from Ops. -16.54.16.32.25.412.6-8.57.41.824.4-
Debt/CF from Ops. -3.515.1922.67.62.1-2.36.332.71.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.1%17.4%2.8%-20.1%
Adj EPS 8.8%25.5%26.5%39.7%
BVPS 7.210.810.49
Share Price 23.5% 57.7% 108.2% -17.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 5.64.92.3-5.83.43.63.82.24.96.12.3
Op. Profit Mgn % 5.36.46.30.95.64.53.124.35.33.3
Net Profit Mgn % 1.11.20.9-2.31.21.20.90.511.70.5
Debt to Equity 2.32.321.81.50.80.61.31.40.90.3
Working Cap Days 171250375368299220132156136124118
Cash Conv. Cycle 120153186177166127917668919

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 26.51%

Debt to equity has declined versus last 3 years average to 0.88

Sales growth is good in last 4 quarters at 41.76%

Return on Equity has declined versus last 3 years average to 2.30%

Sales growth has been subdued in last 3 years 2.83%

Latest Financials - Shri Bajrang Alliance Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 59
TTM Sales (₹ Cr.) 218 218
BVPS (₹.) 55.6 273.9
Reserves (₹ Cr.) 41 237
P/BV 3.25 0.66
PE 144.57 3.06
From the Market
52 Week Low / High (₹) 152.30 / 318.95
All Time Low / High (₹) 6.30 / 406.00
Market Cap (₹ Cr.) 163
Equity (₹ Cr.) 9
Face Value (₹) 10
Industry PE 22.3

Management X-Ray of Shri Bajrang Allianc :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shri Bajrang Allianc

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Shri Bajrang Alliance Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shri Bajrang Allianc on 02-Dec-2022 18:01 is : 180.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Dec-2022 18:01 the market cap of Shri Bajrang Allianc stood at ₹ 162.5.
The latest PE ratio of Shri Bajrang Allianc as of 02-Dec-2022 18:01 is 144.6.
The latest PB ratio of Shri Bajrang Allianc as of 02-Dec-2022 18:01 is 3.25
The 52-week high of Shri Bajrang Allianc is ₹ 318.9 and the 52-week low is ₹ 152.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Shri Bajrang Allianc is ₹ 217.8 ( Cr.) .

About Shri Bajrang Alliance Ltd

Shri Bajrang Alloys is being recognized as one of the largest structural rolling mills in the state of Madhya Pradesh spread over 33 acres of land. The products of the Bajrang Alloys are a model for other rolling mills in the country. Bajrang Alloys plays on important role in the national effort to build a strong and self-reliant industrial base.

Bajrang Alloys has been commissioned in adopting the most modern and advanced technology. It involves systematic application of latest machinery and techniques to develop high quality end-products. The board of directors of Bajrang Alloys are well qualified and has commendable experience with sound financial back ground and good market reputation.

Bajrang Alloys has employed technically qualified, well experienced and trained engineering professionals who are well-versed with the concepts of productivity and quality-control. Bajrang Alloys even imports in-house training to un-skilled personnel from time to time.  

Product range of the company includes:

  • Beams- Joists upto 400mm
  • Channels upto 400mm
  • Angles upto 200mm
  • H Beams-250-250 equal angles

Clientele:

Their client list includes various corporate groups, high tension power transmission line industries, organizations engaged in the construction of nuclear power project, bridges, tunnels, etc. to name a few: -

  • Hindustan Construction Co.Ltd
  • Reliance Industries Ltd
  • Thyssenkrupp Industries India P.Ltd
  • Siemens Ltd
  • ShreeRenuka Sugars Ltd.
  • Afcons Infrastructure Industries Ltd
  • Gammon India Ltd
  • SNC Power Corporation (P) Ltd.
  • KEC International Ltd
  • Jyoti Structures Ltd
  • Amitasha Enterprises (P) Ltd.
  • L& T Ltd.
  • Soma Enterprises Ltd.
  • Hindalco Industries Ltd.
  • Punj Lloyd Ltd.
  • FFE Minerals India P Ltd.
  • Thermax Ltd.
  • Gannon Dunkerley & Co.Ltd
  • Simplex Infrastructures Ltd

Achievements/ recognition:

  • An ISO 9002:2004 certified company
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