Shri Bajrang Alliance Limited Reports Q3FY26 Financial Results Amid Steel Division Expansion
Shri Bajrang Alliance Limited reported Q3FY26 results with standalone turnover of ₹4,695.95 lac and PAT of ₹195.93 lac. The steel division remained non-operational from November 18, 2025 due to expansion activities aimed at increasing capacity and quality. The agro division showed strong performance with successful West African market entry and operational improvements. The Board approved these unaudited results on January 30, 2026.

*this image is generated using AI for illustrative purposes only.
Shri Bajrang Alliance Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on January 30, 2026, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.
Financial Performance Overview
The company's financial performance for Q3FY26 reflects the impact of strategic expansion activities, particularly in the steel division. The results demonstrate varied performance across different business segments.
| Financial Metric | Q3FY26 Standalone | Q2FY26 Standalone | Q3FY25 Standalone | 9M FY26 Standalone | 9M FY25 Standalone |
|---|---|---|---|---|---|
| Turnover (₹ Lac) | 4,695.95 | 8,739.83 | 10,723.18 | 22,369.43 | 31,792.88 |
| EBITDA (₹ Lac) | 181.19 | 554.78 | 102.24 | 1,142.57 | 359.82 |
| PAT (₹ Lac) | 195.93 | 380.44 | 34.53 | 825.51 | 113.83 |
| EPS (₹) | 2.18 | 4.23 | 0.38 | 9.17 | 1.26 |
Steel Division Expansion Activities
The steel plant remained non-operational from November 18, 2025 onwards due to ongoing expansion activities. This operational halt significantly impacted the quarter's production, sales, and turnover figures, which do not reflect the division's true operational potential.
| Expansion Focus Areas | Details |
|---|---|
| Production Capacity | Increasing overall capacity |
| Product Quality | Enhancing quality standards |
| Operational Efficiency | Improving overall operations |
The company expressed confidence that post-expansion commissioning will enable the mill to achieve significantly higher production levels and improved quality standards, strengthening the division's future performance.
Agro Division Strategic Updates
The agro division demonstrated strong operational performance during the quarter with several strategic initiatives:
- Operational Excellence: Improved efficiency and cost optimization through strategic automation initiatives across key processes
- Global Market Expansion: Strengthened international footprint with successful entry into West African markets, securing new export orders
- Quality & Sustainability: Maintained alignment with premium quality standards, stringent hygiene practices, and sustainable production methods
- Brand-Led Growth: Focused strategy to build trusted brand presence across global markets
Consolidated Performance
The consolidated financial results showed different trends compared to standalone performance:
| Consolidated Metrics | Q3FY26 | Q2FY26 | Q3FY25 | 9M FY26 | 9M FY25 |
|---|---|---|---|---|---|
| Turnover (₹ Lac) | 4,695.95 | 8,739.83 | 10,723.18 | 22,369.43 | 31,792.88 |
| PAT (₹ Lac) | 617.29 | 1,010.83 | 680.54 | 2,485.65 | 2,126.94 |
| EPS (₹) | 6.86 | 11.23 | 7.56 | 27.62 | 23.63 |
Corporate Governance and Compliance
The Board meeting commenced at 1:00 PM and concluded at 1:30 PM on January 30, 2026. All financial information has been duly hosted on the company's website at www.sbal.co.in . The company maintains a promoter shareholding of 63.97% with public shareholding at 36.03% as of March 31, 2025.
The company continues to focus on environmental sustainability through its ESG framework, including investments in waste decomposition technology, carbon footprint reduction, and plans for 100% solar power implementation in the agro division from October 2024.
Historical Stock Returns for Shri Bajrang Alliance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.40% | +0.06% | -8.86% | -13.29% | -8.56% | +151.14% |



























