MarketFriction

Shri Bajrang Alliance Ltd

NSE SHBAJRG · BSE 526981 · Iron & Steel Products
₹172.33 +7.85%
NSE close2026-10-01
52 week range147.98 - 214.95
Market cap₹153 Cr.
P/E3.41
Price band 20% Delivery 67.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales68.17124.19226.54130.4980.21107.2380.4389.3487.4046.9647.29104.98
Expenses68.20126.39224.46129.8379.19106.3478.8886.8584.2949.4646.53102.20
Operating Profit-0.03-2.202.080.661.020.891.552.493.11-2.500.762.78
OPM %-0.04%-1.77%0.92%0.51%1.27%0.83%1.93%2.79%3.56%-5.32%1.61%2.65%
Other Income0.160.243.690.580.220.101.960.230.280.094.130.82
Interest0.170.200.190.050.010.041.130.280.260.470.320.39
Depreciation0.770.780.740.790.810.810.800.820.830.830.971.04
Profit before tax-0.81-2.944.840.400.420.141.581.622.30-3.713.602.17
Tax %-25.93%-28.57%22.52%35.00%-4.76%-121.43%35.44%29.01%28.26%-38.81%35.28%22.12%
Net Profit7.367.3614.696.967.516.8111.338.5810.116.1719.409.65
EPS in Rs8.188.1816.327.738.347.5712.599.5311.236.8621.5610.72
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6875101157175214171524570398271287
Expenses677096152171205162513565394267282
Operating Profit1445399115444
OPM %0.9%6%4.5%3.1%1.9%4.2%5%2.1%0.8%1.1%1.4%1.4%
Other Income100000314355
Interest232324321111
Depreciation001102333334
Profit before tax-112113775344
Tax %0%22%28%-1%33%24%45%20%36%20%25%
Net Profit-119201431723441334445
EPS in Rs-1.401.0610.0821.7215.5334.2180.0837.9745.4036.2249.1950.37
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth15%5%-20%-20%
Compounded Profit Growth39%8%9%31%
Stock Price CAGR26%-7%-8%-16%
Return on Equity16%16%12%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital999999999999
Reserves3635367894108144216250292327375
Borrowings5749412620475841545998104
Other Liabilities433101251141063563643
Total Liabilities1069689123135215226277377416469531
Fixed Assets444788424238424255
CWIP0000029000000
Investments212020577286115187228259303329
Other Assets8172665955926848110115124147
Total Assets1069689123135215226277377416469531
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity62513-88221-30-24-10
Cash from Investing Activity-11-0-1-1-30-7-5-5-7-155
Cash from Financing Activity-5-3-6-1210235-1678376
Net Cash Flow00-000000-01-10
Free Cash Flow62512-10-23-5196-14-28-27
CFO/OP140%347%126%280%-173%234%19%237%-18%38%-553%-265%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days82161816329109424042322028
Inventory Days1017410594100676674363791156
Days Payable57111251082351623156
Cash Conversion Cycle1782281851461046885110626780128
Working Capital Days10888923754-4273441727
ROCE %4%0%4%4%4%2%4%4%3%2%1%1%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters63.97%63.97%64.83%63.96%63.97%63.97%63.97%63.96%63.96%63.96%63.96%63.96%
Public36.04%36.03%35.17%36.04%36.03%36.02%36.03%36.03%36.03%36.02%36.04%36.04%
No. of Shareholders4,1264,5754,6695,7275,6395,6705,5535,4465,3385,2495,0965,094

Fundamentals

Market Cap₹ 153 Cr.
Current Price₹ 169
Stock P/E3.41
Book Value₹ 426
ROCE1.12 %
ROE12.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-20%
Compounded Profit Growth (TTM)31%
Consolidated figures.
Valuation
Market capRs 155 Cr
Enterprise valueRs 259 Cr
P/E (TTM)3.42x
Price to book0.40x
Price to sales0.54x
EV / EBITDA27.33x
EV / EBIT44.62x
EV / sales0.90x
Earnings yield29.23%
P/E, 3-year average4.06x
P/B, 3-year average0.49x
P/E, 5-year average3.90x
P/B, 5-year average0.60x
Profitability
Operating margin (excl. other income)1.43%
Operating margin (incl. other income)3.18%
EBITDA margin3.30%
Pre-tax margin1.52%
Net profit margin15.81%
Net margin, latest quarter9.19%
ROE12.31%
ROCE1.12%
ROA8.86%
ROE, 3-year average12.38%
ROCE, 3-year average1.28%
ROA, 3-year average8.85%
ROE, 5-year average17.86%
ROCE, 5-year average2.23%
ROA, 5-year average13.14%
ROIC (approx.)0.89%
Tax rate24.93%
Other income / net worth1.23%
Growth
Sales growth (latest year)-31.98%
Profit growth (latest year)35.80%
Sales CAGR, 3 years-19.72%
Sales CAGR, 5 years4.86%
Profit CAGR, 3 years9.02%
Profit CAGR, 5 years7.53%
Sales growth QoQ121.99%
Profit growth QoQ-50.26%
Sales growth YoY (latest quarter)17.51%
Profit growth YoY (latest quarter)12.47%
Per share
EPS (TTM)Rs 50.37
EPS (latest year)Rs 49.19
EPS (latest quarter)Rs 10.72
EPS, 3-year averageRs 43.60
EPS, 5-year averageRs 49.77
Book value per shareRs 426.33
Sales per shareRs 318.48
Cash flow per shareRs -11.41
Free cash flow per shareRs -30.00
Efficiency
Asset turnover0.51x
Fixed asset turnover4.95x
Inventory turnover2.54x
Inventory days144 days
Debtor days28 days
Debtors turnover13.26x
Creditor days56 days
Cash conversion cycle128 days
Working capital days27 days
Leverage
Total debtRs 104 Cr
Cash and bankRs 0 Cr
Net debtRs 104 Cr
Debt to equity0.27x
Net debt / EBITDA10.95x
Interest coverage4.03x
Owners' fund to total sources72.32%
Debt to assets19.61%
Cash flow
Cash from Operating Activity (latest year)Rs -10 Cr
Cash from Investing Activity (latest year)Rs 5 Cr
Cash from Financing Activity (latest year)Rs 6 Cr
Free cash flow (latest year)Rs -27 Cr
FCFE (approx.: FCF + change in debt)Rs -21 Cr
Cash from ops / profit, 5 years-0.07x
Statement figures
Net sales (TTM)Rs 287 Cr
Net sales (latest year)Rs 271 Cr
Sales (latest quarter)Rs 105 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 9 Cr
PBDT (TTM)Rs 8 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 45 Cr
Net profit (latest year)Rs 44 Cr
Net profit (latest quarter)Rs 10 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 235 Cr
Total expenditure (latest year)Rs 267 Cr
Total income (latest year)Rs 276 Cr
Share capitalRs 9 Cr
ReservesRs 375 Cr
Shareholders' fundsRs 384 Cr
Total assetsRs 531 Cr
Net blockRs 55 Cr
InvestmentsRs 329 Cr
ReceivablesRs 20 Cr
InventoryRs 93 Cr
Other liabilitiesRs 43 Cr
Shares outstanding (crore)0.90
Ownership
Promoter holding63.96% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 3.4 is at the 41th percentile of its own 9.4-year range (median 4.4, low 0.8, high 19.9).
P/B 0.40 is at the 36th percentile (median 0.52).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSHBAJRGNifty 50Difference
1 week+7.0%-2.8% +9.8 pts
1 month+8.7%-6.8% +15.5 pts
3 months-9.6%-7.6% -1.9 pts
3 years-19.5%+14.2% -33.7 pts
5 years-30.2%+27.9% -58.1 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -29% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 10% of total assets in 2026
lookInventory outrunning sales Inventory grew 13% vs sales -32% in 2026
lookProfit leans on other income Other income was 124% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹105 Cr +17.5% vs Jun 2025. Net profit ₹10 Cr +12.5%.
Against our estimate for Jun 2026: sales +95.8%, profit +45.7% beat. Our estimate for Sep 2026: sales Rs 77 Cr, profit Rs 10 Cr (how).

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Shri Bajrang Alliance Ltd?

Shri Bajrang Alliance Ltd (SHBAJRG) has a market capitalisation of Rs 153 Cr. at the 2026-10-01 close.

What is the P/E ratio of Shri Bajrang Alliance Ltd?

Shri Bajrang Alliance Ltd trades at a P/E of 3.41 on trailing twelve-month profit, at the 2026-10-01 close.

What were Shri Bajrang Alliance Ltd's latest quarterly results?

In the Jun 2026 quarter, Shri Bajrang Alliance Ltd sales was Rs 105 Cr (+17.5% vs Jun 2025) and net profit was Rs 10 Cr.

What is the 52-week high and low of Shri Bajrang Alliance Ltd?

The 52-week high is Rs 214.95 and the 52-week low is Rs 147.98.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03