Bajaj Steel Industries Ltd – Multibagger 2021 Analysis

In this article we can explore the possibility of Bajaj Steel as a Multibagger 2021 Stock based on Value Investing principles.

Website https://bajajngp.com/
CMP 922.00

About Bajaj Steel Industries

Bajaj Steel Industries Limited (Bajaj), Nagpur, India, established in 1961, is a public limited company, listed on Bombay Stock Exchange. The company is having world class engineering setup in its various plants situated in and around Nagpur.

Bajaj is the only company in the world producing machineries for all cotton ginning technologies i.e Double Roller, Saw Gin & Rotobar, all Pressing technologies i.e. Down Packing, Up Packing & Horizontal Packing, as well as Seed Cleaning, Delinting & Decorticating, apart from general engineering fabrication, machining, intelligent electrical panel manufacturing and various other engineering activities. The company is on high growth path and adding various items to its fold consistently yoy.

Company is having extensive facilities for Engineering Designs , Machining , Fabrication , Assembly

Bajaj Steel Industries Ltd is a dynamic e-commerce company dedicated to providing clients with a full spectrum of Cotton Baling Press and steel industries solutions. The premier multi-product company is involved in the export of various types of products like Double Roller Ginning Machines, Cotton Boll Openers, Cotton Baling Presses, Pre-Cleaners, Lint Cleaners items etc. The companys goods are exported worldwide to countries including Bangladesh, Keniya, Madagascar, Myanmar, Nigeria, Sri lanka, Uganda, etc.The company also in the business segment of Steel Division, Plastic Division.

WhatsApp Image 2021 11 08 at 8.09.10 AM

Services

  • Largest and Modern Cotton Ginning & Pressing Machinery Manufacturer in India
  • World class Delinting and Decorticating machinery manufacturing
  • World class machining of components and parts for various applications
  • All types of electrical panels to meet various industrial needs
  • High quality structural fabrication for buildings and machinery applications etc.
  • Manufacturing of various other machineries, components and parts as per drawings
  • High quality mechanical conveyors and elevators
  • Pneumatic conveying, dust / waste handling systems and humidification systems
  • Engineering and construction projects
  • Hydraulic cylinders, Power packs & Manifolds for various applications

Products

  • Electrical Panels and Electrical Systems LT & HT
  • Cotton Ginning Machine
  • Ducting System
  • Industrial Blowers
  • Gen Set Synchronisation Panel
  • Fire Fighting Systems
  • Pre Engineered Building
  • Hydraulic Cylinders, Power Packs and Manifolds
  • Cotton Baling Press
  • Cotton Seed Delinter & Decorticator Machine
  • V-Belt Pulleys , Chain Sprockets & Metal Bushings
  • Belt Conveyors
  • Cotton Ginning Machines Spare Parts
  • CNC Machining Job Work
  • Heavy Engineering Equipment
  • CNC Laser Cutting Services
  • Humidification System
  • Steel Fire Resistance Doors
  • Industrial Blower

Profit & Loss

Bajaj steel industries ltd  multibagger 2021

Warren Buffet, Value & Growth Checklist

Capitalization500 Crore
Sales Increasing past 3 YearsYes, 100%bce05 green e1587451073732
Profit Increasing past 3 Years Yes, 300% bce05 green e1587451073732
Durable Competitive Advantage Yes bce05 green e1587451073732
PE Ratio7bce05 green e1587451073732
PB Ratio3bce05 green e1587451073732
Debt Equity Ratio0.29
Intrinsic Value Discount90% bce05 green e1587451073732
Promoter Holding & Increase42%, Increased 6% bce05 green e1587451073732
Multibagger Returns300-500% 5 Year bce05 green e1587451073732

Positives

  • Value & Growth Parameters good
  • Quality adherence to international norms
  • Widespread distribution network
  • Optimum quality products

Negatives

  • The Covid continuation can delay the growth of the company.
  • Debt is moderately High

Summary

As per the R&D the company have Multibagger Potential. However, this is Not a Multibagger Recommendation & Investor due-diligence required.

DISCLAIMER

Company name, Logos are Copyright of respective owners. The advice or opinions here is not for public distribution and has been furnished to you solely for your information purpose and must not be reproduced or redistributed to any other person.  Any report is created from Public Source of Information available through Internet from Company website & Other websites & the Research Analyst does not guarantee the Validation of Content in this report.

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