Shri Bajrang Alliance Ltd
Incorproated in 1990, Shri Bajrang Alliance Ltd manufactures Structural Steel and also Ready
To Eat frozen food products and extraction of
Oils & Oleoresin essential oils[1]
- Market Cap ₹ 236 Cr.
- Current Price ₹ 262
- High / Low ₹ 353 / 208
- Stock P/E 5.78
- Book Value ₹ 333
- Dividend Yield 0.00 %
- ROCE 1.73 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.79 times its book value
- Company is expected to give good quarter
- Company's working capital requirements have reduced from 54.3 days to 39.0 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.86%
- Contingent liabilities of Rs.2,103 Cr.
- Earnings include an other income of Rs.4.34 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 130 | 107 | 71 | 68 | 75 | 101 | 157 | 175 | 214 | 171 | 524 | 570 | |
| 123 | 100 | 67 | 67 | 70 | 96 | 152 | 171 | 205 | 162 | 513 | 565 | |
| Operating Profit | 7 | 7 | 5 | 1 | 4 | 4 | 5 | 3 | 9 | 9 | 11 | 5 |
| OPM % | 5% | 6% | 6% | 1% | 6% | 4% | 3% | 2% | 4% | 5% | 2% | 1% |
| 0 | 0 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 4 | |
| Interest | 4 | 4 | 3 | 2 | 3 | 2 | 3 | 2 | 4 | 3 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 2 | 3 | 3 | 3 |
| Profit before tax | 2 | 2 | 2 | -1 | 1 | 2 | 1 | 1 | 3 | 7 | 7 | 5 |
| Tax % | 32% | 33% | 20% | 0% | 22% | 28% | -1% | 33% | 24% | 45% | 20% | 36% |
| 1 | 1 | 2 | -1 | 1 | 9 | 20 | 14 | 31 | 72 | 34 | 41 | |
| EPS in Rs | 1.56 | 1.36 | 2.11 | -1.40 | 1.06 | 10.08 | 21.72 | 15.53 | 34.21 | 80.08 | 37.97 | 45.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 29% |
| 3 Years: | 39% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 42% |
| 5 Years: | 16% |
| 3 Years: | 10% |
| TTM: | 20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 68% |
| 3 Years: | -12% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 20% |
| 3 Years: | 21% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 33 | 34 | 36 | 35 | 36 | 78 | 94 | 108 | 144 | 216 | 250 | 291 |
| 58 | 62 | 57 | 49 | 41 | 26 | 20 | 47 | 58 | 41 | 54 | 59 | |
| 6 | 3 | 4 | 3 | 3 | 10 | 12 | 51 | 14 | 10 | 63 | 56 | |
| Total Liabilities | 106 | 108 | 106 | 96 | 89 | 123 | 135 | 215 | 226 | 277 | 377 | 415 |
| 5 | 4 | 4 | 4 | 4 | 7 | 8 | 8 | 42 | 42 | 38 | 42 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 0 | 0 | 0 | 0 |
| Investments | 19 | 19 | 21 | 20 | 20 | 57 | 72 | 86 | 115 | 187 | 228 | 258 |
| 82 | 85 | 81 | 72 | 66 | 59 | 55 | 92 | 68 | 48 | 110 | 115 | |
| Total Assets | 106 | 108 | 106 | 96 | 89 | 123 | 135 | 215 | 226 | 277 | 377 | 415 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 6 | 2 | 5 | 13 | -8 | 8 | 2 | 21 | -3 | 0 | ||
| -0 | -1 | 1 | -0 | -1 | -1 | -30 | -7 | -5 | -5 | -7 | ||
| -7 | -5 | -3 | -6 | -12 | 10 | 23 | 5 | -16 | 7 | 8 | ||
| Net Cash Flow | -3 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 82 | 87 | 82 | 161 | 81 | 63 | 29 | 109 | 42 | 40 | 42 | 32 |
| Inventory Days | 71 | 105 | 101 | 74 | 105 | 94 | 100 | 67 | 66 | 74 | 36 | 37 |
| Days Payable | 2 | 2 | 5 | 7 | 1 | 11 | 25 | 108 | 23 | 5 | 16 | 2 |
| Cash Conversion Cycle | 152 | 190 | 178 | 228 | 185 | 146 | 104 | 68 | 85 | 110 | 62 | 67 |
| Working Capital Days | 143 | 211 | 270 | 217 | 185 | 108 | 100 | 80 | 92 | 86 | 38 | 39 |
| ROCE % | 6% | 4% | 0% | 4% | 4% | 4% | 2% | 4% | 4% | 3% | 2% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Jul
-
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
15 Jul - Requisite approvals/consents, approved the Scheme of Amalgamation of Popular Mercantile Private Limited ("Popular", "Transferor Company"), a wholly owned subsidiary company, having its Registered Office at …
- Board Meeting Outcome for APPROVAL OF SCHEME OF AMALGAMATION UNDER SECTION 230 TO 232 OF THE COMPANIES ACT, 2013 15 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jul - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for quarter ended 30.06.2024
- Closure of Trading Window 3 Jul
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
Business Overview:[1]
SBAL is a part of Goel family group which
has diversified business interests from the steel business to Media, Digital Marketing, Hydro Power, and Food Agro Processing. Company
has operational linkages with Shri Bajrang
Power and Ispat Ltd (SBPIL), the flagship company of Goel Group, for sourcing of
raw materials.