SHBAJRG
Shri Bajrang Alliance financials
- Market cap
- ₹140 Cr
- Sector
- Capital Goods
Quarterly results
Q1 FY27: revenue up 17.5%, net profit up 12.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 80 | 107 | 80 | 89 | 87 +9% | 47 −56% | 47 −41% | 105 +18% |
| EBITDA | 1 | 1 | 2 | 2 | 3 +205% | -2 −381% | 1 −51% | 3 +12% |
| Net profit | 8 | 7 | 11 | 9 | 10 +35% | 6 −9% | 19 +71% | 10 +12% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −20.0% 1Y
1Y: ₹201.25 on 10 Sept 2025 → ₹161. High ₹208.05 (22 Sept 2025), low ₹132.5 (30 Mar 2026).
Financials, as filed
Revenue fell 31.0% a year over 2 years, FY24 to FY26. Operating margin widened to 1.4%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹570 Cr | ₹398 Cr | ₹271 Cr |
| Operating profit | ₹5 Cr | ₹4 Cr | ₹4 Cr |
| Operating margin | 0.8% | 1.0% | 1.4% |
| Interest | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Net profit | ₹41 Cr | ₹33 Cr | ₹44 Cr |
| Net margin | 7.3% | 8.2% | 16.3% |
| Cash from operations | ₹0 Cr | ₹-24 Cr | ₹-10 Cr |
| Free cash flow | ₹-14 Cr | ₹-28 Cr | ₹-27 Cr |
| ROCE | 2.0% | 1.0% | 1.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Reserves | ₹144 Cr | ₹216 Cr | ₹250 Cr | ₹292 Cr | ₹346 Cr | ₹375 Cr |
| Borrowings | ₹58 Cr | ₹41 Cr | ₹54 Cr | ₹59 Cr | ₹81 Cr | ₹104 Cr |
| Other liabilities | ₹14 Cr | ₹10 Cr | ₹63 Cr | ₹56 Cr | ₹49 Cr | ₹43 Cr |
| Total liabilities | ₹226 Cr | ₹277 Cr | ₹377 Cr | ₹416 Cr | ₹486 Cr | ₹531 Cr |
| Fixed assets | ₹42 Cr | ₹42 Cr | ₹38 Cr | ₹42 Cr | ₹42 Cr | ₹55 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹4 Cr | ₹0 Cr |
| Investments | ₹115 Cr | ₹187 Cr | ₹228 Cr | ₹259 Cr | ₹322 Cr | ₹329 Cr |
| Other assets | ₹68 Cr | ₹48 Cr | ₹110 Cr | ₹115 Cr | ₹117 Cr | ₹147 Cr |
| Total assets | ₹226 Cr | ₹277 Cr | ₹377 Cr | ₹416 Cr | ₹486 Cr | ₹531 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 6% to 5,094.
- Promoters
- 64.0%
- Public
- 36.0%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 64.0%, Public 36.0%.Dec '23: Promoters 64.0%, Public 36.0%.Mar '24: Promoters 64.8%, Public 35.2%.Jun '24: Promoters 64.0%, Public 36.0%.Sep '24: Promoters 64.0%, Public 36.0%.Dec '24: Promoters 64.0%, Public 36.0%.Mar '25: Promoters 64.0%, Public 36.0%.Jun '25: Promoters 64.0%, Public 36.0%.Sep '25: Promoters 64.0%, Public 36.0%.Dec '25: Promoters 64.0%, Public 36.0%.Mar '26: Promoters 64.0%, Public 36.0%.Jun '26: Promoters 64.0%, Public 36.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Suresh Goel - 2 +4.83 pp 6.29% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Shri Bajrang Alliance Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rajendra Goel And Sons | 9.42% | unchanged |
| Atlanta Securities Pvt Ltd | 8.41% | unchanged |
| Narendra Goel | 8.10% | unchanged |
| Suresh Goel - 2 | 6.29% | +4.83 pp |
| Anand Goel And Sons Huf | 5.70% | unchanged |
| Suresh Goel And Sons Huf | 5.36% | unchanged |
| Anand Goel | 4.95% | unchanged |
| Suman Goel | 4.66% | unchanged |
| Narendra Goel Sons Huf | 4.35% | unchanged |
| Rajendra Goel | 3.40% | unchanged |
| Dinesh Goel And Sons (Huf) | 1.82% | unchanged |
| Neeta Goel | 1.07% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹161, this stock must grow earnings at -20% every year for 7 years. Our analysis caps realistic growth at ~3%. At that growth it is worth ₹554 — upside of 244%.
- Growth the price implies
- -19.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 3.0% a year
- net profit, FY24–FY26 · EPS 3.0%
- The gap
- -0.2 pp
- 244% downside if it only repeats history
Learn to analyse Shri Bajrang Alliance Limited
Guides on how to read this kind of business and the numbers that matter.