Bajaj Steel profit crashes 95% as annual revenue slips
The cotton-ginning machinery maker saw Q4 standalone net profit fall to ₹1.07 crore, capping a year where annual revenue contracted 11%.
— 1 earlier story on Bajaj Steel Industries Ltd. →What's new
- Standalone Q4 profit dropped to ₹1.07 crore, down 95% from the prior year.
- Full-year revenue from operations fell 11% to ₹474.88 crore.
- Consolidated Q4 profit fell 87% to ₹2.32 crore for the quarter.
Why this matters
A 95% quarterly profit collapse in a micro-cap signals deep operational strain. With annual revenue also in retreat, the company faces a difficult path to restoring margins.
What we're watching
- Whether the company can stabilize revenue in the coming quarters.
- If the dividend payout of ₹1 per share remains sustainable.
- Management commentary on the causes of the sharp earnings deterioration.
The full read
Bajaj Steel Industries ended its fiscal year on a weak note. Standalone net profit for the quarter ended March 31 plummeted 95% to ₹1.07 crore, while consolidated profit for the same period fell 87% to ₹2.32 crore. The annual picture is similarly strained, with revenue from operations slipping 11% to ₹474.88 crore and full-year standalone profit dropping 64% to ₹27.58 crore. Despite the sharp earnings contraction, the board maintained a final dividend of ₹1 per share. For a micro-cap manufacturer, this level of profit erosion is a significant test of the company's current cost structure and market demand. The open question is whether this is a temporary cyclical dip or a more permanent shift in the company's earnings power.
Questions answered
- How did the full-year profit compare to the quarterly performance?
- Full-year standalone profit fell 64% to ₹27.58 crore, while the fourth quarter saw a steeper 95% decline to ₹1.07 crore.
- What was the impact on consolidated earnings?
- Consolidated performance mirrored the standalone weakness, with Q4 profit falling 87% to ₹2.32 crore and full-year profit dropping 56% to ₹36.91 crore.
- Did the company change its dividend policy?
- No. The board recommended a final dividend of ₹1 per share, which is unchanged from the previous year.
- What was the trend in annual revenue?
- Revenue from operations for the year contracted by 11% to ₹474.88 crore.
Story so far
All notes on BAJAJST →- 27 May 2026 · 1:26 PM IST Bajaj Steel profit crashes 95% as annual revenue slips
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