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.
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
Warren Buffet, Value & Growth Checklist
| Capitalization | 500 Crore |  |
| Sales Increasing past 3 Years | Yes, 100% |  |
| Profit Increasing past 3 Years | Yes, 300% | |
| Durable Competitive Advantage | Yes | |
| PE Ratio | 7 | |
| PB Ratio | 3 | |
| Debt Equity Ratio | 0.29 | |
| Intrinsic Value Discount | 90% | |
| Promoter Holding & Increase | 42%, Increased 6% | |
| Multibagger Returns | 300-500% 5 Year | |
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
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