SHRI BAJRANG ALLIANCE LIMITED

BSE: SHBAJRG526981ISIN INE402H01015

Industrials
Iron & Steel Products

Share price

₹170.35+12.40 (+7.85%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹213.00
52W low: ₹130.20
Off 52W high: -20.02%
1M return: +4.03%
3M return: -7.22%
6M return: -1.62%
1Y return: -11.96%
20D avg volume: 924
50 DMA: ₹161.35
200 DMA: ₹171.41

Key ratios Consolidated

Market cap: ₹153.32 Cr
Current price: ₹170.35
52W high / low: ₹213.00 / ₹130.20
Face value: ₹10.00
P/E: 3.24
P/B: 0.38
EPS (TTM): ₹52.64
Book value / share: ₹451.78
ROE: —
ROCE: 1.30%
Operating margin: —
Net margin: —
Debt / equity: 0.27
Net debt: ₹103.95 Cr
Interest cover: 3.86
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 107.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	137.42	104.98	47.29	46.96	87.40	89.34	—	107.23	80.21	130.49	—
	3.78	0.25	4.13	0.09	0.28	0.23	—	0.10	0.22	0.58	—
	141.20	105.22	51.42	47.05	87.67	89.57	—	107.33	80.43	131.07	—
	134.60	103.62	47.81	50.75	85.38	87.95	—	107.19	80.00	130.67	—
	95.88	68.75	39.85	33.84	57.29	75.07	—	65.40	62.45	40.86	—
	50.41	5.68	15.85	1.75	2.43	2.96	—	21.84	13.22	70.61	—
	3.04	2.45	2.48	3.61	3.41	3.67	—	4.79	4.00	3.54	—
	0.63	0.39	0.32	0.47	0.26	0.28	—	0.04	0.01	0.05	—
	1.04	1.04	0.97	0.83	0.83	0.82	—	0.81	0.81	0.79	—
	11.27	10.90	6.36	11.22	10.28	9.92	—	14.18	11.52	11.12	—
	6.60	1.60	3.60	-3.70	2.30	1.62	—	0.15	0.42	0.40	—
	0.42	0.57	0.00	0.00	0.00	0.00	—	0.00	0.00	0.00	—
	7.02	2.17	3.60	-3.70	2.30	1.62	—	0.15	0.42	0.40	—
	2.07	0.48	1.28	-1.44	0.65	0.47	—	0.17	0.02	0.14	—
	12.14	9.65	19.41	6.17	10.11	8.58	—	6.80	7.51	6.96	—
	13.49	10.72	21.56	6.86	11.23	9.53	—	7.56	8.34	7.73	—
Key metrics
	8.69	3.60	4.89	-2.40	3.39	2.72	—	1.00	1.24	1.24	—
	6.30%	3.40%	10.30%	-5.10%	3.90%	3.00%	—	0.90%	1.50%	1.00%	—
	8.80%	9.20%	41.00%	13.10%	11.60%	9.60%	—	6.30%	9.40%	5.30%	—
	1.80%	—	1.00%	—	0.70%	—	—	—	—	—	—
	57.20%	17.50%	—	-56.20%	9.00%	-31.50%	—	—	—	—	—
	20.10%	12.50%	—	-9.30%	34.60%	23.30%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	336.65	270.98	398.36	—
	8.25	4.73	2.86	—
	344.89	275.71	401.21	—
	336.78	271.89	398.67	—
	238.32	206.04	228.98	—
	73.69	22.98	111.44	—
	11.58	13.17	16.29	—
	1.81	1.33	1.23	—
	3.88	3.45	3.21	—
	39.75	37.77	49.56	—
	8.10	3.81	2.54	—
	0.99	0.00	0.00	—
	9.09	3.81	2.54	—
	2.39	0.95	0.51	—
	47.37	44.27	32.60	—
	52.63	49.18	36.22	—
Key metrics
	14.78	8.59	6.98	—
	4.39%	3.20%	1.80%	—
	14.07%	16.30%	8.20%	—
	—	1.30%	1.10%	—
	—	-32.00%	—	—
	—	35.80%	—	—
	—	-26.60	-27.60	—
	—	-0.23	-0.73	—
	—	0.27	0.29	—
	—	103.95	97.53	—
	—	107.7	69.1	—
Balance sheet
	—	530.58	468.93	—
	—	145.77	122.05	—
	—	0.07	0.07	—
	—	20.44	21.44	—
	—	92.64	81.93	—
	—	31.33	18.25	—
	—	53.74	41.14	—
	—	33.10	27.92	—
	—	125.61	113.76	—
	—	104.02	97.60	—
	—	89.02	82.60	—
	—	15.00	15.00	—
	—	383.70	335.81	—
Cash flow
	—	-10.27	-23.66	—
	—	4.77	-14.51	—
	—	5.51	36.83	—
	—	16.33	3.94	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	137.42	104.98	47.29	46.95	87.40	89.34	80.43	107.23	80.21	130.49	—
	3.78	1.87	8.12	4.31	2.43	1.58	4.45	0.13	0.22	0.67	—
	141.20	106.84	55.41	51.26	89.83	90.91	84.88	107.36	80.43	131.16	—
	134.60	103.63	47.81	50.75	85.38	87.95	80.81	107.18	80.00	130.67	—
	95.88	68.75	39.85	33.84	57.29	75.07	60.27	65.40	62.45	40.86	—
	50.41	5.68	15.85	1.75	2.43	2.96	5.78	21.83	13.22	70.61	—
	3.04	2.45	2.48	3.61	3.41	3.67	3.95	4.79	4.00	3.54	—
	0.63	0.39	0.32	0.47	0.26	0.28	1.13	0.04	0.01	0.05	—
	1.04	1.04	0.97	0.83	0.83	0.82	0.80	0.81	0.81	0.79	—
	11.27	10.90	6.36	11.22	10.28	9.92	12.74	14.18	11.52	11.12	—
	6.60	3.22	7.59	0.51	4.45	2.96	4.07	0.18	0.43	0.49	—
	0.42	0.57	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	7.02	3.79	7.59	0.51	4.45	2.96	4.07	0.18	0.43	0.49	—
	2.07	0.48	1.28	-1.44	0.65	0.47	0.56	0.17	0.02	0.14	—
	4.95	3.31	6.31	1.95	3.80	2.49	3.51	0.34	0.45	0.35	—
	5.50	3.68	7.02	2.18	4.23	2.77	3.90	0.38	0.50	0.39	—
Key metrics
	8.69	5.22	8.88	1.81	5.54	4.06	6.00	1.03	1.25	1.33	—
	6.30%	5.00%	18.80%	3.90%	6.30%	4.50%	7.50%	1.00%	1.60%	1.00%	—
	3.60%	3.20%	13.30%	4.20%	4.30%	2.80%	4.40%	0.30%	0.60%	0.30%	—
	5.90%	—	6.70%	—	4.20%	—	5.30%	—	—	—	—
	57.20%	17.50%	-41.20%	-56.20%	9.00%	-31.50%	—	—	—	—	—
	30.30%	32.90%	79.80%	473.50%	744.40%	611.40%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	336.64	270.98	398.36	—
	18.08	16.44	5.47	—
	354.71	287.42	403.83	—
	336.79	271.89	398.67	—
	238.32	206.04	228.98	—
	73.69	22.98	111.44	—
	11.58	13.17	16.29	—
	1.81	1.33	1.23	—
	3.88	3.45	3.21	—
	39.75	37.77	49.56	—
	17.92	15.52	5.16	—
	0.99	0.00	0.00	—
	18.91	15.52	5.16	—
	2.39	0.95	0.51	—
	16.52	14.57	4.64	—
	18.38	16.19	5.16	—
Key metrics
	24.60	20.30	9.60	—
	7.31%	7.50%	2.40%	—
	4.91%	5.40%	1.20%	—
	—	14.20%	6.50%	—
	-7.62%	-32.00%	—	—
	62.92%	214.00%	—	—
	—	-26.60	-27.60	—
	—	-0.70	-5.10	—
	—	1.07	1.23	—
	—	103.95	97.53	—
	—	107.7	69.1	—
Balance sheet
	—	244.42	212.47	—
	—	145.77	122.05	—
	—	0.07	0.07	—
	—	20.44	21.44	—
	—	92.64	81.93	—
	—	31.33	18.25	—
	—	53.74	41.14	—
	—	33.10	27.92	—
	—	125.61	113.76	—
	—	104.02	97.60	—
	—	89.02	82.60	—
	—	15.00	15.00	—
	—	97.54	79.35	—
Cash flow
	—	-10.27	-23.66	—
	—	4.77	-14.51	—
	—	5.51	36.91	—
	—	16.33	3.94	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -7.62%
Profit YoY (TTM): +62.92%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 63.96%

Holder	Type	Holding	Previous	Change
Rajendra Goel And Sons	Promoter Group	9.42%	—	—
Narendra Goel	Promoter	9.22%	—	—
Atlanta Securities Pvt Ltd	Public	8.41%	—	—
Suresh Goel	Promoter Group	7.75%	—	—
Anand Goel And Sons Huf	Promoter Group	5.70%	—	—
Suresh Goel And Sons Huf	Promoter Group	5.36%	—	—
Anand Goel	Promoter	4.95%	—	—
Rajendra Goel	Promoter	4.80%	—	—
Suman Goel	Promoter Group	4.66%	—	—
Narendra Goel Sons Huf	Promoter Group	4.35%	—	—
Dinesh Goel And Sons (Huf)	Promoter Group	1.82%	—	—
Neeta Goel	Promoter Group	1.07%	—	—
Sandeep Goel And Sons	Promoter Group	1.00%	—	—
Ankita Goel	Promoter Group	0.77%	—	—
Dinesh Goel	Promoter	0.77%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—
SHRI BAJRANG ALLIANCE LIMITED S	153	170.35	9.28	14.20%	-7.62% TTM	+62.92% TTM	-11.96%

Filings & corporate actions

Recent announcements

Investor Presentation for Q2FY27.3 Nov 2026 · Company Update / Investor Presentation
Unaudited Standalone and Consolidated Financial Results for the Quarter and Half Year ended September 30, 20263 Nov 2026 · Result / Financial Results
The Board has considered and approved the unaudited standalone and consolidated financial results of the company for the quarter and half year ended on September 30, 2026 along with Limited ....3 Nov 2026 · Board Meeting / Outcome of Board Meeting
Shri Bajrang Alliance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve Unaudited Standalone ....27 Oct 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The trading window for dealing in the securities of the company shall remain closed with effect from 1st October 2026, till 48 hours after the declaration of Un-Audited Financial Results ....21 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Voting Results of 36th Annual General Meeting of the Company, held on Thursday 10 September 2026, along with Scrutinizers Report.11 Sep 2026 · AGM/EGM / AGM
Proceeding of the 36th Annual General Meeting of the Company held on September 10, 2026.10 Sep 2026 · AGM/EGM / AGM
Publication of the Notice of 36th Annual General Meeting of the Company schedule to be held on Sep 10, 2026.19 Aug 2026 · Company Update / Newspaper Publication
Submission of Annual Report of the Company for the FY 25-26.17 Aug 2026 · Others / Reg. 34 (1) Annual Report
Intimation regarding 36th Annual General Meeting, Book Closure, Cutoff Dates, E-voting and Submission of Notice schedule to be held on Thursday, Sep 10, 2026 at 4.00 pm IST through Video ....17 Aug 2026 · AGM/EGM / AGM
Newspaper Publication of Un-audited Standalone and Consolidated Financial Results of the Company for the Quarter/three months ended June 30, 202612 Aug 2026 · Company Update / Newspaper Publication
Investor Presentation for Q1FY2711 Aug 2026 · Company Update / Investor Presentation
Financial Results for the quarter ended June 30, 202611 Aug 2026 · Result / Financial Results
Considered and Approved Unaudited Standalone & Consolidated Financial Results of the Company for the Quarter and three months ended on June 30, 2026 in the specified format along with the ....11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Shri Bajrang Alliance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve The Unaudited Standalone ....4 Aug 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 30th June, 2026.7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Reg. 30 of SEBI LODR Regulations, 2015, we hereby inform you that Mr. Rakesh Kumar Mehra (DIN: 09197046) has completed his term as an Independent Director of the Company on ....29 Jun 2026 · Company Update / Cessation
Pursuant to Reg. 30 of SEBI LODR Regulations, 2015 and in continuation of the Company''s earlier intimations, we wish to inform you that the withdrawal of the Company''s remaining partnership ....27 Jun 2026 · Company Update / Diversification / Disinvestment
The trading window for dealing in the securities of the company shall remain closed with effect from 1st July 2026 till 48 hours after the declaration of Un-audited Financial Results for ....25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Reg. 30 of SEBI LODR Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e., Wednesday 24 June 2026 has considered, ....24 Jun 2026 · Others / Outcome without intimation
Pursuant to Reg. 30 of SEBI LODR Regulations, 2015, we wish to inform you that Infomerics Valuation and Rating Limited has revised the credit rating of the Bank facilities of the Company ....24 Jun 2026 · Company Update / Credit Rating
Resignation of Mr. Narendra Goel from the office of Director and Chairman on the company with effect from the close of business hours dated June 08, 2026.9 Jun 2026 · Company Update / Cessation
Newspaper Publication of Audited Standalone and Consolidated Financial Results of the Company for the Quarter and Year ended 31.03.2026.2 Jun 2026 · Company Update / Newspaper Publication
Investor Presentation for Quarter and Financial Year ended March 31, 2026.30 May 2026 · Company Update / Investor Presentation
Audited Standalone and Consolidated Financial Results for the Quarter and year ended March 31, 202630 May 2026 · Result / Financial Results
Considered and approved audited Standalone and Consolidated Financial Results and Financial Statements of the Company for the Quarter and Financial Year ended 31.03.2026 along with Unmodified ....30 May 2026 · Board Meeting / Outcome of Board Meeting
Shri Bajrang Alliance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Audited Standalone and ....22 May 2026 · Board Meeting / Board Meeting
Equity Shares of Shri Bajrang Alliance Limited included under the "Permitted to Trade" Category on NSE. Our Symbol on the NSE is "SHBAJRG" and the Market Lot 1 Equity Share.21 May 2026 · Company Update / General
ANNUAL SECRETARIAL COMPLIANCE REPORT FOR FINANCIAL YEAR ENDED 31st MARCH, 202625 Apr 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Certificate under Reg. 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 31st March, 2026.6 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The trading window for dealing in the securities of the company shall remain closed with effect from 1st April, 2026 till 48 hours after the declaration of Audited Financial Results for ....21 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Reconstitution of Partnership Interest of the Company in its Associate "Shri Bajrang Chemical Distillery LLP".28 Feb 2026 · Company Update / Diversification / Disinvestment
Considered and approve initiation of the process for proposed disinvestment of the Company''s Partnership Interest in Shri Bajrang Chemical Distillery LLP.10 Feb 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 of SEBI LODR Regulations 2015 and our intimation dated November 18, 2025 regarding temporary shutdown of our Steel Division Plant. We hereby inform our stakeholders ....6 Feb 2026 · Company Update / Strikes /Lockouts / Disturbances
Newspaper Publication of Unaudited Standalone and Consolidated Financial Results for quarter and nine months ended 31.12.2025.31 Jan 2026 · Company Update / Newspaper Publication
Unaudited Standalone & Consolidated Financial Results for quarter ended 31.12.202530 Jan 2026 · Result / Financial Results
INVESTOR PRESENTATION Q3FY2630 Jan 2026 · Company Update / Investor Presentation
REVISED OUTCOME OF BOAED MEETING DATED 30.01.202630 Jan 2026 · Board Meeting / Outcome of Board Meeting
OUTCOME OF BOARD MEETING DATED 30.01.202630 Jan 2026 · Board Meeting / Outcome of Board Meeting

Board meetings

3 Nov 2026 Board Meeting - Financial Results
11 Aug 2026 Board Meeting - Financial Results