BAJEL PROJECTS LIMITED·INFRASTRUCTURE 36.70·Electrical Equipment Companies

2026-08-21 NSE BSE Web 20%

Price

191.78

+6.2%
O:180.53
H:192.7
L:180.53
C:191.78

52W Range

135.1226.69
+42%/-15%

Market Cap

₹2,218.84 Cr

Traded: ₹19.52 Cr (0.88%) 0.0x

Free Float: ₹615.06 Cr (3.17% of FF traded)

Volume · 60D trend

10.29 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+8% 3M:-6% 6M:+7% 12M:+15%

Valuation

P/E100.9
P/B3.0
P/S0.8
EV/EBIT27.7

Business Strength

ROE2.5%
ROCE11.2%
OPM4.0%
NPM0.7%

Growth (3Y CAGR)

EPS+30.6%
Sales--
Profit--
3Y Return--

Balance Sheet

Debt/Equity0.5
Debt350 Cr
Pledge2.5%
CWIP/Fixed Asset6.5%

Cash Position

CFO/NP105.0%
FCF-12.6 Cr
FCF 3Y Avg191 Cr
Cash/MCap10.0%

Others

Div Yield0.0%
Div Payout34.0%
Cash Conv. Cycle74 days
Tradeable Free Float27.7%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 12.28 Cr
2.00% FF
60d high
₹ 12.28 Cr
60d low
₹ 5.84 Cr
60d mean
₹ 10.51 Cr
vs mean
▲ 16.84%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Return
--
--
--
-19.0%
--
--
Sales
--
--
--
--
+2.0%
--
ROE
--
--
+3.0%
--
--
--
Profit
--
--
--
--
+109.0%
--

Quarterly Results

Jun 2026

8 Aug
Rev
567 Cr
-7% YoY-44% QoQ
OPM3.3%
NPM0.8%
PAT
+60% YoY5 Cr
EPS
+58% YoY0.4

Mar 2026

28 May
Rev
1.0K Cr
+26% YoY+79% QoQ
OPM3.0%
NPM1.4%
PAT
+193% YoY14 Cr
EPS
+190% YoY1.2

Dec 2025

5 Feb
Rev
562 Cr
-10% YoY-8% QoQ
OPM4.4%
NPM-0.1%
PAT
+209% YoY-0 Cr
EPS
-131% YoY-0.0

Sep 2025

PDF
Rev
614 Cr
-7% YoY+1% QoQ
OPM3.3%
NPM0.6%
PAT
-2% YoY4 Cr
EPS
-3% YoY0.3

Jun 2025

PDF
Rev
608 Cr
+19% YoY-24% QoQ
OPM2.7%
NPM0.5%
PAT
-46% YoY3 Cr
EPS
-46% YoY0.3

Mar 2025

PDF
Rev
801 Cr
+64% YoY+29% QoQ
OPM2.6%
NPM0.6%
PAT
-63% YoY5 Cr
EPS
-31% YoY0.4

Dec 2024

PDF
Rev
622 Cr
---6% QoQ
OPM2.4%
NPM0.2%
PAT
--1 Cr
EPS
--0.1

Sep 2024

PDF
Rev
662 Cr
--+29% QoQ
OPM2.5%
NPM0.6%
PAT
--4 Cr
EPS
--0.3

Jun 2024

PDF
Rev
512 Cr
--+5% QoQ
OPM1.4%
NPM1.1%
PAT
--6 Cr
EPS
--0.5

Mar 2024

PDF
Rev
489 Cr
----
OPM1.6%
NPM1.4%
PAT
--7 Cr
EPS
--0.6

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.49
Interest Coverage0.9x
Promoter Pledge2.5%
Borrowings367 Cr

Efficiency

Receivable Days214 days
Inventory Days26 days
Payable Days166 days
Cash Conversion cycle74 days

Cash Position

Operating Cash Flow21 Cr
Investing Cash Flow19 Cr
Financing Cash Flow-72 Cr
Free Cash Flow-13 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Sales5671,008562614608801622662512489
Expenses548977538593591781608646505481
Operating Profit193125201621151778
OPM %3.3%3.0%4.4%3.3%2.7%2.6%2.4%2.5%1.4%1.6%
Other Income57-3787751210
Interest1214161716171512910
Depreciation5655543322
Profit Before Tax71706463776
Tax %33.0%16.7%185.4%36.2%27.9%23.9%57.4%45.9%25.9%-10.3%
Net Profit514-04351467
Exceptional Items00-8000000-8
EPS (Rs)0.41.2-0.00.30.30.40.10.30.50.6
Sales Growth (YoY)-6.7%25.8%-9.7%-7.3%18.7%63.8%--------
Sales Growth (QoQ)-43.8%79.2%-8.4%1.0%-24.2%28.8%-6.0%29.4%4.7%--
OP Growth (YoY)14.5%47.4%69.2%22.0%128.0%164.2%--------
OP Growth (QoQ)-39.4%23.4%20.9%26.6%-21.9%41.7%-12.9%136.6%-9.6%--
Profit Growth (YoY)60.0%193.0%209.0%-2.0%-46.0%-63.0%--------
EPS Growth (YoY)57.7%190.5%-130.8%-3.1%-45.8%-31.1%--------
EPS Growth (QoQ)-66.4%3150.0%-112.9%19.2%-38.1%223.1%-59.4%-33.3%-21.3%--
OP Margin3.3%3.0%4.4%3.3%2.7%2.6%2.4%2.5%1.4%1.6%
Net Margin0.8%1.4%-0.1%0.6%0.5%0.6%0.2%0.6%1.1%1.4%
Material Cost %67.0%72.0%63.0%69.0%73.0%70.0%76.0%78.0%79.0%77.0%
Employee Cost %7.0%4.0%6.0%6.0%6.0%4.0%5.0%5.0%5.0%5.0%
P/S0.810.790.820.71------------
P/E100.94109.59194.04144.22------------
P/B2.972.973.022.65------------

Shareholding Pattern

Shareholders:83.1K (+31.1%)
Current MixJun 2026

Exchange Filings

50
Company Update21 Aug 2026

Announcement under Regulation 30 (LODR) - Press Release

Company Update12 Aug 2026

Announcement under Regulation 30 (LODR)- Bagging of Award

Company Update12 Aug 2026

Announcement under Regulation 30 (LODR)- Press Release.

Company Update10 Aug 2026

Announcement under Regulation 30 (LODR)- Press Release

AGM/EGM10 Aug 2026

Summary of proceeding of the 4th Annual General Meeting ("AGM") of the Members of Bajel Projects Limited ("Company") held on August 10, 2026.

AGM/EGM10 Aug 2026

Disclosure of Voting Results of the 4th Annual General Meeting ("AGM") of Bajel Projects Limited.

Company Update08 Aug 2026

Announcement under Regulation 30 (LODR)- Bagging of order for Transmission Line.

Company Update08 Aug 2026

Disclosure under Regulation 30 of SEBI Regulation 2015- Bagging of award for Transmission Line

Board Meeting07 Aug 2026

Approval of the Unaudited Standalone & Consolidated Financial Results of the Company for the first quarter ended June 30, 2026

Company Update07 Aug 2026

Announcement under Regulation 30 (LODR)-Investor Presentation

Company Update07 Aug 2026

Announcement under Regulation 30(LODR) - Press Release

Result07 Aug 2026

Results- Financial Unaudited Results Q-1 FY 26-27

Company Update22 Jul 2026

Announcement under Regulation 30 (LODR)-Press Release

Company Update19 Jul 2026

Announcement under Regulation 30 (LODR) - Incorporation of a Wholly Owned Subsidiary Company

Company Update18 Jul 2026

Announcement under Regulation 30 (LODR) - Newspaper Publication

Company Update17 Jul 2026

Announcement under Regulation 30 (LODR) - Demise of Independent Director

Others17 Jul 2026

Reg. 34 (1) Annual Report

AGM/EGM17 Jul 2026

Notice of the 4th Annual General Meeting of Bajel Projects Limited.

Others17 Jul 2026

Business Responsibility and Sustainability Reporting (BRSR)

Company Update17 Jul 2026

Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015

Company Update17 Jul 2026

Announcement under Regulation 30 - Annual Report

Company Update14 Jul 2026

Announcement under Regulation 30 (LODR)-Analyst/Investor Meet -Intimation of Schedule of Analyst / Institutional Investor Meet - Dolat Capital

Company Update09 Jul 2026

Announcement under Regulation 30 (LODR) - Communication on Tax Deduction At Source (TDS) on Dividends.

Company Update08 Jul 2026

Announcement under Regulation 30 (LODR) - Newspaper Publication

Company Update08 Jul 2026

Compliances - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Company Update06 Jul 2026

Announcement under Regulation 30(LODR) - Intimation of Revision in Proposed Date of Annual General Meeting.

Insider Trading / SAST24 Jun 2026

Closure of Trading Window

Company Update23 Jun 2026

Intimation of Schedule of Analyst / Institutional Investors' Meet - Nippon India Mutual Fund

Company Update23 Jun 2026

Intimation of Schedule of Analyst / Institutional Investors' Meet - Dolat Capital.

Company Update29 May 2026

Announcement under Regulation 30 (LODR) - Analyst/Investor meet outcome

Board Meeting27 May 2026

Outcome of the Board Meeting of Bajel Projects Limited (the "Company") held today i.e., on Wednesday, May 27, 2026 ("Meeting")

Company Update27 May 2026

Disclosure under Regulation 30 of the SEBI LODR Regulation 2015 - Grant of 2,62,000 Stock Options under ESOP 2024 Scheme.

Result27 May 2026

Results - Financial for the Quarter & year ended 31st March 2026.

Corp. Action27 May 2026

Corporate Action-Board to Consider Dividend

Company Update27 May 2026

Announcement under Regulation 30 (LODR) - Change in Management

Corp. Action27 May 2026

Corporate Action - Record Date intimation for Dividend

Company Update27 May 2026

Relinquishment of Mr. Ajay Nagle from the position of Company Secretary & Chief Compliance Officer and Appointment of Ms. Amee Joshi as Company Secretary & Chief Compliance Officer

Company Update27 May 2026

Announcement under Regulation 30 (LODR) - Appointment of Non-Executive & Non-Independent Director

Company Update27 May 2026

Announcement under Regulation 30 (LODR) - Press Release

Company Update27 May 2026

Announcement under Regulation 30 (LODR) - Investor Presentation

Company Update27 May 2026

Updated details of Key Managerial Personnel (KMP) under Regulation 30 (5) of SEBI LODR 2015

Company Update27 May 2026

The 4th AGM of the company will be held on Friday, August 7th 2026

Company Update27 May 2026

Compliances - Reg 24 (A) - Annual Secretarial Compliance as per SEBI LODR Regulations 2015

Company Update25 May 2026

Intimation of earnings conference call with Analysts/Institutional Investors/Funds- Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) ....

Board Meeting21 May 2026

Bajel Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve 1. the Annual Audited financial ....

Company Update13 May 2026

Announcement under Regulation 30 (LODR) for Bagging of Order for Substation.

Company Update13 May 2026

Announcement under Regulation 30 (LODR) for Bagging of Order for Transmission Line

Company Update29 Apr 2026

Announcement under Regulation 30 (LODR) for Bagging of order for Tramsmission Line.

Others23 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Company Update06 Apr 2026

Compliance Certificate under Reg. 74(5) of SEBI (Depository Participants) Regulations, 2018

Annual Reports

3

2026

2025

2024

Credit Ratings

6
crisilRating update
19 Dec 2025Report
crisilRating update
12 Sept 2025Report
crisilRating update
05 May 2025Report
crisilRating update
17 Mar 2025Report
crisilRating update
06 Jan 2025Report
crisilRating update
05 Sept 2024Report

Concalls

5

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

Jun 2025

30 Jun 2025

Feb 2025

28 Feb 2025

Held by Mutual Funds

5 schemes hold BAJEL · sorted by weight

#SchemeWeight %
1

Nippon India Retirement Fund

Nippon India Mutual Fund

0.46%
2

Nippon India Small Cap Fund

Nippon India Mutual Fund

0.15%
3

Bandhan Small Cap Fund

IDFC Mutual Fund

0.03%
4

Nippon India Power & Infra Fund

Nippon India Mutual Fund

0.88%
5

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.00%