Bajaj Steel Industries share price today

Bajaj Steel Industries Ltd's share price was ₹313.70 at the close on 4 November 2026. It has been falling for 66 weeks. That is 22.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹300 and ₹566, and at that close it sat 5% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Bajaj Steel Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 15 weeks running.

Over the last 11 years the share price moved +1,571% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 24 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

7 points on a year earlier.

2. Revenue grew again in the June 2026 quarter

   Revenue was ₹120 crore, +11.9% on a year earlier (₹108 crore), after 2 quarters of decline.

3. Operating margin down 7.7 points on a year earlier

   4.9% in the June 2026 quarter, from 12.6%.

For April to June 2026 (the quarter ended 30 June 2026), Bajaj Steel Industries reported revenue of ₹120 crore, up 11.9% from ₹108 crore a year earlier, and a loss of ₹0.27 crore, down 103.6% from ₹7.40 crore.

Bajaj Steel Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Bajaj Steel Industries closed at ₹313.70 on 4 November 2026, down 41.7% from ₹537.90 a year earlier (7 November 2025) and up 36.3% over five years. Its highest weekly close since March 2016 was ₹890.50 on 3 January 2025.

Bajaj Steel Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

557 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Bajaj Steel Industries closed at ₹313.70, up 0.2% on the week and down 6.2% on the month. 16 Sep 2026: ex-date for a dividend of ₹1 a share.

Earlier

• Results for April to June 2026: Revenue up 11.9% and profit down 103.6% on a year earlier.

Bajaj Steel Industries paid ₹1 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.32% at the ₹313.70 close on 4 November 2026. The last was a dividend of ₹1 a share, ex-date 16 September 2026.

Bajaj Steel Industries dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Bajaj Steel Industries Ltd paid out 6% of its profit as dividends in FY26, and it paid a dividend in 10 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

Bajaj Steel Industries is not on any of our India lists this week.

Bajaj Steel Industries Ltd posted a net loss of ₹0.3 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹37.0 Cr. That loss is 0.2% of the quarter's revenue. The same quarter a year earlier earned ₹7.4 Cr. 1 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Jun 2026 profit was −₹0.3 Cr, −103.6% on a year earlier. For the full year, FY26 profit was ₹37.0 Cr (−56.0% on the year before).

Why profit moved: revenue changed +11.9% on a year earlier and the margin moved −7.7 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −56.4% and revenue −1.6%. Profit is growing slower than sales: rising costs are taking part of the growth.

Bajaj Steel Industries Ltd reported ₹120 Cr of revenue in the Jun 2026 quarter, +11.9% on the same quarter a year earlier. Over 10 years it has grown 5.5% a year on average. The last full year, FY26, came in at ₹524 Cr. The last four reported quarters add to ₹537 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹524 Cr, −10.4% on the year before.

Recent pace: the last four quarters grew −1.6% on average, against 5.5% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −2.6%, against −4.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −48.3%, against −41.3% a year (rolling over).

Bajaj Steel Industries Ltd's operating margin was 4.9% in the Jun 2026 quarter, 7.7 percentage points lower than the same quarter a year ago. Across 13 years it has been between 0.9% and 18.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −7.7 percentage points on the year while gross margin changed −10.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 103% of Bajaj Steel Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹78.0 Cr of operating cash against ₹37.0 Cr of profit. After ₹63.0 Cr of spending on assets, ₹15.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 103% of profit came in as cash: the cash cycle got 100 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 4.3× depreciation over three years. The next section checks what that spending is building.

Bajaj Steel Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 156 days in FY26, up from 56 days in FY21. It spent ₹192 Cr on assets over the last 3 years. Customers take 40 days to pay, and stock sits for 251 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹524 Cr, each day of that cycle ties up about ₹1.4 Cr, so roughly ₹224 Cr is tied up in the business at any time.

FY26: customers took 40 days to pay and stock sat for 251 days, about 8.3 months of sales sitting as stock, for a full cycle of 156 days, longer than FY21's 56.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 251 days. Customers pay about 40 days after that. Suppliers are paid at 134 days. Together that makes the 156-day cycle.

Spending on assets: ₹192 Cr over the last 3 years, against ₹45.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹27.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Bajaj Steel Industries Ltd's P/E is 22.4×, near the high end of its own history: higher than 90% of past readings. Its usual P/E (the middle reading) is 8.9×, over 8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.