Shri Bajrang Alliance Ltd Stock Analysis

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

BSE Share Price Jan 18, 18:01
290.15 9.55 (3.40%)

DeciZen - Make an Informed Decision on Shri Bajrang Allianc

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

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

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.

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 8.8%5.9%4.9%3.5%-0.3%3.9%4%5.6%3.1%5.5%-
Value Creation Index -0.4-0.6-0.7-0.8-1.0-0.7-0.7-0.6-0.8-0.6-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 15613010772.470.476.6101157171214250
YoY Gr. Rt. %--16.8%-17.3%-32.5%-2.8%8.9%31.2%56.1%9.1%24.8%-
Adj EPS 2.31.51.40.7-1.811.31.60.92.319.4
YoY Gr. Rt. %--34.5%-8.6%-49.6%-357.1%NA26%22.1%-41.3%146.8%-
BVPS (₹) 26.42829.331.630.231.23738.739.547.853.6
Adj Net Profit 2.11.41.30.6-1.60.91.21.40.92.117
Cash Flow from Ops. 1.3-16.54.16.32.25.412.6-8.57.42-
Debt/CF from Ops. 25.2-3.515.1922.67.62.1-2.36.329.6-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 3.6%24.9%28.6%24.8%
Adj EPS 0%NA21%146.8%
BVPS 6.89.68.921
Share Price 30.2% 75.1% 151.5% 305.2%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 9.25.64.92.3-5.83.43.63.82.24.938.4
Op. Profit Mgn % 4.85.36.46.30.95.64.53.124.39.4
Net Profit Mgn % 1.31.11.20.9-2.31.21.20.90.517
Debt to Equity 1.42.32.321.81.50.80.61.31.40.4
Working Cap Days 112171250375368299220132156136169
Cash Conv. Cycle 9412015318617716612791766836

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 38.40%

Sales growth is growing at healthy rate in last 3 years 28.57%

Net Profit is growing at healthy rate in last 3 years 20.99%

Sales growth is good in last 4 quarters at 174.11%

Debt to equity has increased versus last 3 years average to 1.35

Latest Financials - Shri Bajrang Alliance Ltd.

Standalone Consolidated
TTM EPS (₹) 19.4 84.2
TTM Sales (₹ Cr.) 250 250
BVPS (₹.) 53.6 214.2
Reserves (₹ Cr.) 39 184
P/BV 5.41 1.35
PE 14.92 3.45
From the Market
52 Week Low / High (₹) 62.50 / 406.00
All Time Low / High (₹) 6.30 / 406.00
Market Cap (₹ Cr.) 261
Equity (₹ Cr.) 9
Face Value (₹) 10
Industry PE 31.1

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

Analyst's Notes

News

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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