Bajaj Steel Industries (NSE:BAJAJST) Days Payable: 124.98 (As of Jun. 2026) — 55% Above Median

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NSE:BAJAJST Bajaj Steel Industries Ltd NSE:BAJAJST
60 GF Score
Price ₹355.95
GF Value ₹466.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bajaj Steel Industries Days Payable?

Bajaj Steel Industries NSE:BAJAJST 60 Days Payable is 124.98 as of Jun. 2026, which is 55% above its 10-year median of 80.40. GuruFocus rates NSE:BAJAJST with a GF Score™ of 60/100 and a GF Value™ of ₹466.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,996 Industrial Products companies, Bajaj Steel Industries ranks better than 61.62% on this metric.

Bajaj Steel Industries's average Accounts Payable for the three months ended in Jun. 2026 was ₹948 Mil. Bajaj Steel Industries's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹692 Mil. Hence, Bajaj Steel Industries's Days Payable for the three months ended in Jun. 2026 was 124.98.

The historical rank and industry rank for Bajaj Steel Industries's Days Payable or its related term are showing as below:

NSE:BAJAJST' s Days Payable Range Over the Past 10 Years
Min: 50.14   Med: 80.4   Max: 117.61
Current: 103.03

During the past 13 years, Bajaj Steel Industries's highest Days Payable was 117.61. The lowest was 50.14. And the median was 80.40.

NSE:BAJAJST's Days Payable is ranked better than
61.62% of 2996 companies
in the Industrial Products industry
Industry Median: 78.01 vs NSE:BAJAJST: 103.03

Bajaj Steel Industries's Days Payable declined from Jun. 2025 (127.53) to Jun. 2026 (124.98). It may suggest that Bajaj Steel Industries accelerated paying its suppliers.


Bajaj Steel Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Bajaj Steel Industries's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bajaj Steel Industries Days Payable Chart

Bajaj Steel Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.91 75.88 89.65 100.38 117.61

Bajaj Steel Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 127.53 76.30 102.12 135.58 124.98

NSE:BAJAJST vs : Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bajaj Steel Industries Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Bajaj Steel Industries's Days Payable falls into.


NSE:BAJAJST
60GF Score
Bajaj Steel Industries Ltd NSE:BAJAJST
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bajaj Steel Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Bajaj Steel Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (711.778 + 948.426) / 2 ) / 2576.279*365
=830.102 / 2576.279*365
=117.61

Bajaj Steel Industries's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (948.426 + 0) / 1 ) / 692.451*365 / 4
=948.426 / 692.451*365 / 4
=124.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 124.98 mean?
Bajaj Steel Industries (NSE:BAJAJST) has a Days Payable of 124.98 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bajaj Steel Industries and its competitors. This is 55% above median its historical median of 80.40. Over the past decade, Bajaj Steel Industries' Days Payable has ranged from 50.14 to 117.61. According to the industry distribution chart, Bajaj Steel Industries ranks #1150 out of 2996 companies in the Industrial Products industry, placing it in the top 38.4%.
Is Bajaj Steel Industries' Days Payable too high?
Bajaj Steel Industries' current Days Payable of 124.98 is 55% above median its 10-year median of 80.40. Over the past 10 years, this metric has ranged from a low of 50.14 to a high of 117.61. The Industrial Products industry median Days Payable is 78.01. Bajaj Steel Industries' value of 124.98 is 60.2% above this industry median. Based on the distribution chart, Bajaj Steel Industries ranks #1150 out of 2996 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bajaj Steel Industries has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Steel Industries' Days Payable compare to ?
According to the Industrial Products industry distribution chart, Bajaj Steel Industries ranks #1150 out of 2996 companies for Days Payable. This puts Bajaj Steel Industries in the upper half of its industry. The industry median Days Payable is 78.01. Bajaj Steel Industries' value of 124.98 is 60.2% above this benchmark. Historically, Bajaj Steel Industries' own Days Payable has ranged from 50.14 to 117.61 over the past decade. While the company's 10-year median is 80.40 vs. the industry median of 78.01, Bajaj Steel Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.01, based on 2,996 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajaj Steel Industries's current Days Payable of 124.98 is 60.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bajaj Steel Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Steel Industries's current Days Payable is 124.98, which is 55% above median its own 10-year median of 80.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Steel Industries (NSE:BAJAJST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹466.53, compared to a current price of ₹355.95 — trading 23.7% below its estimated fair value. The current Days Payable is 124.98, which is 55% above median its 10-year median of 80.40 and 60.2% above the Industrial Products industry median of 78.01. Bajaj Steel Industries' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bajaj Steel Industries (NSE:BAJAJST), the current Days Payable is 124.98 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bajaj Steel Industries (NSE:BAJAJST) Overvalued in 2026?

Based on GuruFocus' analysis, Bajaj Steel Industries stock appears to be undervalued. The current stock price of ₹355.95 is trading 23.7% below its estimated GF Value™ of ₹466.53. GuruFocus considers Bajaj Steel Industries to be Modestly Undervalued.

Key valuation signals for NSE:BAJAJST:

  • Days Payable: 124.98 (55% above median its 10-year median of 80.40)
  • GF Value™: ₹466.53 vs. price of ₹355.95 (23.7% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 60.2% above the Industrial Products median (#1150 of 2996)

No single metric tells the full story. See the NSE:BAJAJST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bajaj Steel Industries Business Description

Comparable Companies
Other Exchanges 507944:India
Address Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028
Bajaj Steel Industries Ltd is engaged in various segments such as Cotton Processing Machinery Division, Infrastructure Division, Heavy Engineering Division, Electrical Panel Division, Heavy Engineering Division ,Other Products. The company generates maximum revenue from the Cotton Processing Machinery segment. It manufactures products such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
60GF Score

Get the complete analysis for NSE:BAJAJST

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹355.95
Price
₹466.53
GF Value