Bajaj Steel Industries Ltd

Bajaj Steel Industries: Strong Order Book & Expansion Plans 🏗️📊

- Order book: ₹520 Cr as of Sep 30, 2025 (Cotton Processing: ₹394 Cr, PEBs: ₹70 Cr, Heavy Engg: ₹19 Cr)

- New PEB orders: ₹16.21 Cr

- Capex plan: ₹300-350 Cr over 2-3 years (Infra: ₹100-110 Cr, Electrical Panels: ₹60-80 Cr, Heavy Engg: ₹100-110 Cr)

- 14 manufacturing facilities (100,000 sq. mtrs)

- Strong financials: ROE 25%, ROCE 20%, net debt-free (Net Debt/Equity: -0.12x)

- Cotton Processing Machinery: 35-40% global market share, 50%+ export revenue

- PEB division: 600+ projects completed

- Heavy Engg: 57 aerobridges delivered (as of Dec 2024)

- Global presence in 60+ countries; clients include IndianOil, JSW Steel, Schneider Electric

- Q2FY26 revenue: ₹174.6 Cr (+14.7% YoY), EBITDA ₹31.8 Cr (18.2% margin)

- H1FY26 revenue: ₹282.2 Cr (-3.8% YoY), PAT ₹28.7 Cr

- FY25 revenue: ₹585 Cr, EBITDA ₹92 Cr (15.8% margin), PAT ₹84 Cr (14.1% margin)