Bajaj Steel Industries Limited reported a consolidated net profit of ₹36.9 crore for the financial year ended March 31, 2026, a decline of 56.2% from ₹84.3 crore in the previous year. Revenue from operations fell 10.4% to ₹524.2 crore, impacted by reduced demand across key business segments. The board, meeting on May 27, 2026, approved the audited financial results and recommended a final dividend of ₹1 per equity share, subject to shareholder approval.

Financial Performance

The company's profitability was significantly affected in Q4FY26, with net profit dropping 87.2% to ₹2.3 crore compared to ₹18.1 crore in the corresponding quarter of the previous year. Revenue for the quarter stood at ₹116.8 crore, down 23.9% year-on-year. EBITDA for the full year decreased by 34.6% to ₹60.3 crore, with margins contracting by 426 basis points to 11.5%.

Operational Highlights

Bajaj Steel Industries identified 'Multiple Engineering Products' as its only reportable segment, comprising Cotton Ginning Machinery, Infrastructure, Electrical Panels, Heavy Engineering, and other products. The total order book as of March 31, 2026, stood at ₹587 crore, with the Cotton Ginning Machinery Division leading with orders worth ₹363 crore. The Infrastructure Division reported an order book of ₹100 crore.

The statutory auditors, M/s B. Chhawchharia & Co., issued an audit report with an unmodified opinion on the financial results. The company maintained a healthy balance sheet with shareholders' funds increasing to ₹424 crore as of March 31, 2026, from ₹387.4 crore in the previous year.

Board and Dividend Details

The board meeting was conducted under the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The recommended dividend of ₹1 per share will be paid to shareholders if approved at the forthcoming Annual General Meeting. The company also disseminated the investor presentation for Q4 and FY26 on its website.

Bajaj Steel Industries Limited has fulfilled its regulatory compliance obligations by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 13, 2026, ensuring adherence to securities market regulations.

Regulatory Compliance Details

The compliance certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which governs the dematerialisation process of securities. Company Secretary Rachit Jain digitally signed the submission document, confirming the company's commitment to regulatory compliance.

Registrar and Transfer Agent Confirmation

Adroit Corporate Services Private Limited, serving as the company's registrar and transfer agent, issued the compliance certificate confirming proper handling of dematerialisation processes during the quarter. The certificate validates that all securities received from depository participants for dematerialisation were appropriately processed and confirmed to the depositories.

The registrar confirmed several key compliance aspects:

• Securities received for dematerialisation were properly accepted or rejected
• All securities have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were mutilated and cancelled after verification
• Depository names were substituted in the register of members within the mandated 15-day period

Corporate Information

Bajaj Steel Industries Limited operates from its registered office at C-108, MIDC Industrial Area, Hingna, Nagpur - 440016, Maharashtra. The company maintains its collaboration with Continental Eagle Corporation and continues to ensure compliance with all regulatory requirements governing securities trading and transfer processes.

This routine compliance submission demonstrates the company's ongoing commitment to maintaining transparency and adhering to securities market regulations as mandated by SEBI for listed entities.