Pursuant to Regulation 30 of SEBI Listing Regulations, 2015, please find enclosed the Investor Presentation on the Financial Results of the Company for the quarter and half year ended September ....
BAJAJST · price
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Bajaj Steel Industries reported Q2FY26 revenue of Rs 174.6 Cr, up 15% YoY and 62% QoQ, driven by strong order execution in Pre-Engineered Buildings and Electrical Panels segments. Q2 EBITDA grew to Rs 31.8 Cr with margin expanding 158 bps to 18.2%, while PAT rose 22% YoY to Rs 21.3 Cr. However, H1FY26 PAT fell 45.5% YoY to Rs 28.7 Cr, mainly because H1FY25 had a one-time Rs 27 Cr dividend from the US subsidiary. Order book stood healthy at Rs 520 Cr as of September 30, 2025, with an additional Rs 100 Cr export order advance received in November and Rs 16.21 Cr of new PEB orders added. The company remains net debt-free (Net Debt/Equity: -0.12x) with ROE of 25% and ROCE of 20%, and has outlined a capex plan of Rs 300-350 Cr over the next 2-3 years focused on Infrastructure, Heavy Engineering, and Electrical Panels.
Q2 results show a strong sequential recovery in both revenue and profitability, supported by a robust order pipeline and improving business momentum. Shareholders should view the H1 YoY decline as optical rather than fundamental, given the one-time H1FY25 boost, while the net debt-free balance sheet and disciplined capex plan support long-term growth.