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Shri Bajrang Alliance Ltd (SHBAJRG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526981 NSE: SHBAJRG Steel & Iron Products | Small Cap | Shri Bajrang Allianc Share Price

₹186.15 4.65 (2.56%)

As on 05-Jun'26 16:59

Shri Bajrang Alliance Ltd (SHBAJRG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526981 NSE: SHBAJRG Steel & Iron Products | Small Cap | Shri Bajrang Allianc Share Price

₹186.15 4.65 (2.56%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹168 Cr.
Current Price
₹186.2
52-Week Low / High
₹130 / 250
TTM EPS
₹16.2
TTM Sales
₹271 Cr.
Book Value per Share
₹104.8
P/E Ratio
11.50
Lower than its 5-year historical median
Industry PE
25.5
Price to Book (P/B)
1.78
Lower than its 5-year historical median
Price to Sales (P/S)
0.62
Higher than its 5-year historical median
EV/EBITDA
13.36
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
7.04%
Underperforms industry median
Return on Capital Employed (ROCE)
4.44%
Underperforms industry median
Return on Assets (ROA)
2.40%
Operating Profit Margin
1%
Net Profit Margin
1.17%
Gross Profit Margin
2.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-30.1%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
-10.37%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
48.24%
Asset Quality
Promoter Holding
63.97%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹85 Cr.
Equity
₹9 Cr.
Face Value
₹10
All Time Low / High
₹6.30 / 406.00

Shri Bajrang Alliance stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is Shri Bajrang Alliance Ltd a good quality company?
Shri Bajrang Alliance Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Shri Bajrang Alliance Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shri Bajrang Alliance Ltd vs industry peers?
Shri Bajrang Alliance Ltd revenue CAGR is 18.39%, compared to the industry median CAGR of 7.56%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Shri Bajrang Alliance Ltd?
Promoters hold 63.97% of the Shri Bajrang Alliance Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shri Bajrang Alliance Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 18.1% based on the current price.

10 Year X-Ray :

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0.9%5.4%5.8%7.4%4.5%8%10.2%9.6%5.3%4.4%-
Value Creation
Index
-0.9-0.6-0.6-0.5-0.7-0.4-0.3-0.3-0.6-0.7-

Growth Parameters

Sales 70.476.6101157171214171524570398271
Sales YoY Gr.-8.9%31.2%56.1%9.1%24.8%-20.1%206.8%8.8%-30.1%-
Adj EPS -1.811.31.60.92.33.26.12.6316.2
YoY Gr.-NA26%22.1%-41.3%146.8%39.7%87.4%-57%14.2%-
BVPS (₹) 30.231.23738.739.547.852.157.96284.5104.8
Adj Net
Profit
-1.60.91.21.40.92.12.95.52.42.715
Cash Flow from Ops. 2.25.412.6-8.57.41.824.4-2.8-0.7-23.7-
Debt/CF from Ops. 22.67.62.1-2.36.332.71.7-19.6-87.3-4.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 21.2%18.4%32.6%-30.1%
Adj EPS NA26%-2.8%14.2%
BVPS12.1%16.5%17.5%36.4%
Share Price 20.1% -8.8% 4.1% -21.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-5.83.43.63.82.24.96.110.44.13.917.1
Op. Profit
Mgn %
0.95.64.53.124.35.32.10.811.4
Net Profit
Mgn %
-2.31.21.20.90.511.710.40.75.4
Debt to
Equity
1.81.50.80.61.31.40.911.11.30.2
Working Cap
Days
368299220132156136124557110999
Cash Conv.
Cycle
1771661279176689143588012

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7077101157171214171524570398
Operating Expenses + 707296152168205162513565394
Manufacturing Costs346871112173226
Material Costs636486141153176121417497328
Employee Cost 11224811121216
Other Costs 333151018662324
Operating Profit 14553991154
Operating Profit Margin (%) 0.9%5.6%4.5%3.1%1.9%4.2%5.3%2.1%0.8%1.0%
Other Income + 1000002145
Exceptional Items 0000001000
Interest 2323243211
Depreciation 0011023333
Profit Before Tax -1121137755
Tax -000-0013121
Profit After Tax -1111124635
PAT Margin (%) -1.8%1.2%1.2%0.9%0.5%1.0%2.2%1.1%0.6%1.2%
Adjusted EPS (₹)-1.41.11.31.60.92.44.26.13.55.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Shri Bajrang Allianc - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 27283738394650555979
Share Capital 9999999999
Reserves 18192829303741465070
Debt +46382520475438505998
Long Term Debt221950620176015
Short Term Debt24192020403421455983
Minority Interest0000000000
Trade Payables102104611218328
Others Liabilities 5692571249538
Total Liabilities 79737370137118101173174212

Fixed Assets

Net Fixed Assets +447884242384242
Gross Block19198994547475357
Accumulated Depreciation15161213681114
CWIP 00002900000
Investments 33777811241847
Inventories13182239283225415082
Trade Receivables30171712522519605021
Cash Equivalents 0000000010
Others Assets 29311941111491320
Total Assets 79737370137118101173174212

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2513-87224-3-1-24
PBT -1121137755
Adjustment 2334665521
Changes in Working Capital 219-130-714-14-7-29
Tax Paid 00-1-0-0-0-1-1-2-1
Cash Flow From Investing Activity + 1-0-116-33-5-5-8-6-15
Capex -0-0-1-1-30-7-20-7-4
Net Investments 1000-00-3-139-11
Others 00018-2205-80
Cash Flow From Financing Activity + -3-6-12-8253-1911837
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1-3-14-5614-3-11-315
Interest Paid -2-3-2-3-2-4-3-2-1-1
Dividend Paid 0000000000
Others 004021-6-13241223
Net Cash Flow 0-0-00000-01-1

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-4.543.453.834.222.345.548.4211.135.797.04
ROCE (%)0.95.445.847.374.51810.159.625.344.44
Asset Turnover Ratio0.91.11.412.21.661.681.553.833.292.06
PAT to CFO Conversion(x)N/A513-8716-0.5-0.33-4.8
Working Capital Days
Receivable Days111.30101.306034.5068.8065.5046.5027.4035.3032.90
Inventory Days71.6067.8071.8070.5071.4051.6060.5022.8029.2060.60
Payable Days6.203.705.4015.8066.4059.2019.408.707.8017.20

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shri Bajrang Alliance Ltd FAQs

The current trading price of Shri Bajrang Allianc on 05-Jun-2026 16:59 is ₹186.2.

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 04-Jun-2026 the market cap of Shri Bajrang Allianc stood at ₹167.5 Cr

The latest P/E ratio of Shri Bajrang Allianc as of 04-Jun-2026 is 11.50.

The latest P/B ratio of Shri Bajrang Allianc as of 04-Jun-2026 is 1.78.

The 52-week high of Shri Bajrang Allianc is ₹249.5 and the 52-week low is ₹130.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shri Bajrang Allianc is ₹271 ( Cr.) .

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

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

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

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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