BA
Bajel Projects Ltd (BAJEL)
₹172.40
Mkt cap
₹1,989 Cr
P/E ratio
73.70
P/B
2.67
Div yield
0.35%
ROE
4.10%
ROCE
11.00%
EPS (TTM)
₹2.34
Book value
₹65
52W range
135–227
Sector
Industrials
Price history
Previous close
Incorporated in 2022, Bajel Projects Ltd is in the business of Engineering, Procurement and Construction [1] Bajel Projects Limited (BPL) is a carved out legal entity from Bajaj Electricals Ltd. It's EPC segment comprises of Power Transmission & Power Distribution. BPL provides end to end solutions ranging from inhouse design, testing, procurement, manufacturing, installation & commissioning of the projects.
NSE BAJELBSE 544042
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthHigh
TechnicalsNeutral
52-week range
−23.95% from high₹172
₹135+27.61% from low₹227
Current
₹172.40
Prev close
₹171.50
Day
+0.52%
Price performance
1D
+0.52%
1W
+0.29%
1M
−9.04%
3M
−10.38%
6M
+10.44%
1Y
−20.15%
YTD
−1.21%
Financials
Revenue, profit & margin
P/E ratio
73.7×
BAJEL is 127% above the sector median of 32.5×
BAJEL73.7×
Sector median32.5×
| Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 489.16 | 512.01 | 662.41 | 622.39 | 801.42 | 607.64 | 613.83 | 562.34 | 1,007.77 | 566.88 | |
| Expenses | 481.31 | 504.91 | 645.61 | 607.75 | 780.68 | 591.45 | 593.34 | 537.57 | 977.20 | 548.34 | |
| Operating Profit | 7.85 | 7.10 | 16.80 | 14.64 | 20.74 | 16.19 | 20.49 | 24.77 | 30.57 | 18.54 | |
| OPM % | 1.60% | 1.39% | 2.54% | 2.35% | 2.59% | 2.66% | 3.34% | 4.40% | 3.03% | 3.27% | |
| Other Income | 10.39 | 11.70 | 5.15 | 7.45 | 6.60 | 8.38 | 6.98 | -2.85 | 6.76 | 5.26 | |
| Interest | 10.07 | 9.19 | 11.93 | 15.45 | 16.95 | 15.87 | 17.02 | 16.22 | 14.31 | 11.78 | |
| Depreciation | 1.75 | 2.16 | 3.26 | 3.21 | 4.06 | 4.61 | 4.81 | 5.22 | 6.04 | 4.95 | |
| Profit before tax | 6.42 | 7.45 | 6.76 | 3.43 | 6.33 | 4.09 | 5.64 | 0.48 | 16.98 | 7.07 | |
| Tax % | -10.28% | 25.91% | 45.86% | 57.43% | 23.85% | 27.87% | 36.17% | 185.42% | 16.73% | 32.96% | |
| Net Profit | 7.07 | 5.52 | 3.66 | 1.46 | 4.82 | 2.96 | 3.60 | -0.42 | 14.14 | 4.73 | |
| EPS in Rs | 0.61 | 0.48 | 0.32 | 0.13 | 0.42 | 0.26 | 0.31 | -0.04 | 1.22 | 0.41 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.08% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 7 Aug '26◦ |
| Earnings day | +0.08% |
| +1 day | −1.41% |
| +5 days | −3.08% |
| +15 days | +1.22% |
| +30 days | −10.07% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Jun 202662.53%Promoter
Promoters62.53%
FIIs0.53%0.03
DIIs9.20%0.38
Public27.72%0.33
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| A B B | ₹7,270.50 | 99.96 | 1,54,068 | 0.54% | 362 | +8.03% | 3,559 | +21.03% | 29.93% |
| B H E L | ₹439.90 | 62.97 | 1,53,176 | 0.32% | 377 | +182.70% | 7,698 | +40.29% | 9.14% |
| Hitachi Energy | ₹32,700.00 | 122.36 | 1,45,752 | 0.02% | 294 | +123.52% | 2,494 | +68.62% | 29.36% |
| CG Power & Ind | ₹892.00 | 110.42 | 1,40,530 | 0.15% | 308 | +16.26% | 3,281 | +13.99% | 26.71% |
| Siemens | ₹3,913.90 | 92.72 | 1,39,382 | 0.46% | 2,143 | −18.59% | 4,714 | +14.75% | 21.44% |
| Siemens Ener.Ind | ₹3,228.00 | 75.31 | 1,14,956 | 0.12% | 441 | +67.83% | 2,486 | +39.28% | 67.75% |
| GE Vernova T&D | ₹4,385.00 | 83.15 | 1,12,278 | 0.23% | 363 | +24.65% | 1,836 | +38.04% | 77.44% |
| Bajel Projects | ₹171.91 | 73.72 | 1,989 | 0.35% | 5 | +59.80% | 567 | −6.71% | 10.96% |
| Median: 47 Co. | ₹445.40 | 32.49 | 5,488 | 0.04% | 41 | +14.67% | 466 | +19.23% | 23.52% |
Filings
Annual reports3
Concall transcripts8
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 SepAnnouncement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Announcement under Regulation 30 (LODR) - Postal ballot Notice - Newspaper PublicationShareholder Meeting / Postal Ballot-Notice of Postal Ballot 4 SepGrant Of 2,84,000 (Two Lakh Eighty Four Thousand Only) Stock Options Under The Bajel Projects Limited, Employee Stock Option Plan 2024'' (''ESOP 2024''/ ''Scheme'') 1 Sep - Bajel Projects granted 2,84,000 stock options to 7 employees on September 1, 2026.Announcement under Regulation 30 (LODR)-Retirement 31 Aug - Mr. Ajay Suresh Nagle retired as Executive Director effective close of business on 31 August 2026.