Shri Bajrang Alliance Ltd (526981)

Shri Bajrang Alliance Limited has convened its 36th Annual General Meeting (AGM) for September 10, 2026, through video conferencing. Key resolutions include approval for material related-party transactions of up to Rs 500 crore with promoter entity Shri Bajrang Power and Ispat Limited and up to Rs 50 crore with Shri Bajrang Chemical Distillery LLP for FY27. The proposed Rs 500 crore limit represents ~175% of the company's TTM revenue of Rs 286 crore. The remote e-voting window runs from September 7 to September 9, 2026, with a cut-off date of September 3, 2026.

• 36th AGM scheduled for September 10, 2026, with remote e-voting cut-off set for September 3, 2026
• Seeking shareholder approval for material related-party transactions up to Rs 500 crore with Shri Bajrang Power and Ispat Limited
• Seeking approval for related-party transactions up to Rs 50 crore with Shri Bajrang Chemical Distillery LLP
• Proposed re-appointment of Mr. Anshul Dave as Independent Director for a second 5-year term from August 13, 2026 to August 12, 2031

Shri Bajrang Alliance released its Q1FY27 investor presentation, focusing on its 'GOELD' food brand expansion. The company reports a presence in 35+ Indian cities and established export channels to UK retailers including Lidl and Aldi. While the company operates in the Iron & Steel sector, this presentation emphasizes its diversification into food products. Financial context shows a low P/E of 3.6 and TTM revenue of Rs 270 Cr, though operating margins remain thin at 1.5%.

• Presence established in 35+ Indian cities including Mumbai, Delhi, and Bangalore
• Promoter shareholding remains stable at 63.97% as of June 30, 2026
• Export footprint includes UK retail and foodservice channels like Iceland, Lidl, Aldi, and Heron
• TTM Revenue of Rs 270 Cr against a Market Cap of Rs 157 Cr
• Debt stands at Rs 104 Cr, representing approximately 66% of the current market capitalization

Shri Bajrang Alliance approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. A significant development is the divestment of the company's investment in Shri Bajrang Chemical Distillery LLP, effective June 26, 2026. The consolidated results include a profit share of ₹1.62 crore from this associate for the period prior to divestment. Given the company's TTM revenue of ₹270 crore and low operating margins of 1.5%, the impact of this divestment on the overall capital structure is noteworthy.

• Divestment of investment in Shri Bajrang Chemical Distillery LLP completed effective June 26, 2026
• ₹162.13 lakhs recognized as share of profit from the divested associate in Q1 FY27 consolidated results
• Board meeting conducted and concluded within 30 minutes (15:00 to 15:30 IST) on August 11, 2026
• Company maintains a promoter holding of 63.96% as of June 2026
• TTM Revenue stands at ₹270 crore with a TTM PAT of ₹44 crore

Shri Bajrang Alliance Ltd has scheduled a board meeting for August 11, 2026, to review and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported a TTM revenue of Rs 270 Cr and a PAT of Rs 44 Cr, though operating margins remain thin at 1.5%. The trading window for designated persons is currently closed and will reopen 48 hours after the results are declared. Investors will be watching for performance consistency following a volatile FY26 where quarterly operating profits fluctuated between Rs -2 Cr and Rs 3 Cr.

• Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results.
• Financials to cover the three-month period ended June 30, 2026.
• Trading window closed for all designated persons until 48 hours post-result declaration.
• Company reported TTM EPS of Rs 49.18 as of the latest available data.
• Market capitalization stands at Rs 161 Cr against a net worth of Rs 384 Cr.