Share Price and Basic Stock Data
Last Updated: February 2, 2026, 4:57 pm
| PEG Ratio | 2.15 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Bajel Projects Ltd operates within the power transmission and equipment sector, reporting a price of ₹162 and a market capitalization of ₹1,869 Cr. The company’s revenue has shown a significant upward trajectory, with sales rising from ₹664 Cr in March 2023 to ₹2,598 Cr in March 2025 and a trailing twelve-month (TTM) sales figure of ₹2,645 Cr. This growth reflects a consistent increase in quarterly sales, particularly notable in the March 2024 quarter with ₹489.16 Cr, and peaking in June 2024 at ₹512.01 Cr. The company’s operating profit margin (OPM) has improved from a negative 5% in March 2023 to 3% in March 2025, indicating a turnaround in operational efficiency. This sustained revenue growth positions Bajel Projects favourably within the competitive landscape, particularly as the demand for power transmission solutions continues to expand in India, driven by infrastructure development and energy sector reforms.
Profitability and Efficiency Metrics
The profitability metrics of Bajel Projects Ltd reveal a gradual recovery, with net profit rising from a loss of ₹2 Cr in March 2023 to a profit of ₹15 Cr in March 2025. The company recorded a profit before tax of ₹24 Cr in the same period, showcasing improved operational performance. Despite the previous operating losses, the operating profit has surged to ₹66 Cr by March 2025, with an OPM of 3%, suggesting enhanced cost management and revenue generation strategies. The interest coverage ratio (ICR) stands at 1.69x, indicating that the company is adequately covering its interest expenses, although it remains relatively low compared to industry standards which often exceed 2x. The cash conversion cycle has improved significantly from 81 days in March 2023 to just 15 days in March 2025, demonstrating increased efficiency in managing working capital and a quicker turnaround in cash flow.
Balance Sheet Strength and Financial Ratios
Bajel Projects Ltd’s balance sheet reflects a growing asset base, with total assets rising from ₹935 Cr in March 2023 to ₹1,993 Cr in March 2025. However, the company has increased its borrowings substantially from ₹1 Cr to ₹140 Cr in the same period, leading to a total debt-to-equity ratio of 0.18x, which is relatively low and indicates a conservative leverage approach. Reserves have also shown modest growth, standing at ₹562 Cr in March 2025, down from ₹534 Cr in March 2023. The return on equity (ROE) is reported at 2.68%, while the return on capital employed (ROCE) improved to 13% in March 2025, reflecting better utilization of capital. The price-to-book value (P/BV) ratio is 2.84x, suggesting the market values the company’s growth prospects positively, despite the current low profitability levels.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Bajel Projects Ltd indicates a strong promoter presence, maintaining a 62.55% stake as of September 2025, which underscores management confidence in the company’s future. Foreign institutional investors (FIIs) hold 0.67%, while domestic institutional investors (DIIs) account for 8.66%. The public shareholding stands at 28.11%, with the number of shareholders reported at 85,013. This distribution suggests a healthy mix of institutional and retail investment, although the low FII participation may indicate a cautious outlook among foreign investors. The gradual decline in promoter holdings from 62.85% in September 2023 to 62.55% in September 2025 could raise concerns about potential dilution of control. Nevertheless, the consistent increase in public shareholders indicates growing interest and confidence in the company’s recovery trajectory.
Outlook, Risks, and Final Insight
Looking ahead, Bajel Projects Ltd is positioned to capitalize on the growing demand in the power transmission sector, supported by its improving financial metrics and operational efficiencies. However, risks remain, including reliance on project execution and the potential impact of rising interest rates on borrowing costs. Additionally, the company’s low profitability levels compared to the sector average may hinder its ability to attract significant institutional investment. If Bajel Projects can sustain its revenue growth and improve profitability, it may enhance its market position and attract more institutional interest. Conversely, failure to effectively manage costs or execute projects could adversely affect its financial health. Overall, the company’s trajectory will depend on its ability to navigate these challenges while capitalizing on emerging opportunities in the energy sector.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Bajel Projects Ltd | 1,808 Cr. | 156 | 264/142 | 116 | 45.4 | 0.00 % | 12.9 % | 2.68 % | 2.00 |
| Aartech Solonics Ltd | 149 Cr. | 46.8 | 77.7/43.8 | 45.2 | 10.6 | 0.25 % | 5.64 % | 8.23 % | 5.00 |
| Voltamp Transformers Ltd | 7,619 Cr. | 7,531 | 10,088/5,900 | 23.2 | 1,626 | 1.37 % | 29.1 % | 21.7 % | 10.0 |
| Transformers & Rectifiers India Ltd (TRIL) | 6,910 Cr. | 230 | 595/224 | 25.9 | 44.8 | 0.08 % | 28.0 % | 23.4 % | 1.00 |
| Power Grid Corporation of India Ltd | 2,51,256 Cr. | 270 | 322/247 | 16.2 | 106 | 3.32 % | 12.8 % | 17.0 % | 10.0 |
| Industry Average | 35,826.88 Cr | 1,265.76 | 35.93 | 294.38 | 0.74% | 18.23% | 15.50% | 5.25 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 66.94 | 175.01 | 197.77 | 205.02 | 199.95 | 275.08 | 489.16 | 512.01 | 662.41 | 622.39 | 801.42 | 607.64 | 613.83 |
| Expenses | 72.18 | 179.92 | 204.48 | 207.57 | 203.96 | 265.96 | 481.31 | 504.91 | 645.61 | 607.75 | 780.68 | 591.09 | 590.99 |
| Operating Profit | -5.24 | -4.91 | -6.71 | -2.55 | -4.01 | 9.12 | 7.85 | 7.10 | 16.80 | 14.64 | 20.74 | 16.55 | 22.84 |
| OPM % | -7.83% | -2.81% | -3.39% | -1.24% | -2.01% | 3.32% | 1.60% | 1.39% | 2.54% | 2.35% | 2.59% | 2.72% | 3.72% |
| Other Income | 13.14 | 7.02 | 10.72 | 4.12 | 2.15 | 0.97 | 10.39 | 11.70 | 5.15 | 7.45 | 6.60 | 8.38 | 6.98 |
| Interest | 0.66 | 1.48 | 4.00 | 2.34 | 2.16 | 3.97 | 10.07 | 9.19 | 11.93 | 15.45 | 16.95 | 15.87 | 17.02 |
| Depreciation | 2.73 | 2.00 | 0.68 | 1.24 | 1.40 | 1.43 | 1.75 | 2.16 | 3.26 | 3.21 | 4.06 | 4.61 | 4.81 |
| Profit before tax | 4.51 | -1.37 | -0.67 | -2.01 | -5.42 | 4.69 | 6.42 | 7.45 | 6.76 | 3.43 | 6.33 | 4.45 | 7.99 |
| Tax % | 30.38% | 2.19% | 16.42% | -14.93% | -18.08% | 28.36% | -10.28% | 25.91% | 45.86% | 57.43% | 23.85% | 25.62% | 25.66% |
| Net Profit | 3.14 | -1.40 | -0.78 | -1.70 | -4.44 | 3.36 | 7.07 | 5.52 | 3.66 | 1.46 | 4.82 | 3.32 | 5.94 |
| EPS in Rs | -0.39 | 0.29 | 0.61 | 0.48 | 0.32 | 0.13 | 0.42 | 0.29 | 0.51 |
Last Updated: December 27, 2025, 10:05 pm
Below is a detailed analysis of the quarterly data for Bajel Projects Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 613.83 Cr.. The value appears strong and on an upward trend. It has increased from 607.64 Cr. (Jun 2025) to 613.83 Cr., marking an increase of 6.19 Cr..
- For Expenses, as of Sep 2025, the value is 590.99 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 591.09 Cr. (Jun 2025) to 590.99 Cr., marking a decrease of 0.10 Cr..
- For Operating Profit, as of Sep 2025, the value is 22.84 Cr.. The value appears strong and on an upward trend. It has increased from 16.55 Cr. (Jun 2025) to 22.84 Cr., marking an increase of 6.29 Cr..
- For OPM %, as of Sep 2025, the value is 3.72%. The value appears strong and on an upward trend. It has increased from 2.72% (Jun 2025) to 3.72%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is 6.98 Cr.. The value appears to be declining and may need further review. It has decreased from 8.38 Cr. (Jun 2025) to 6.98 Cr., marking a decrease of 1.40 Cr..
- For Interest, as of Sep 2025, the value is 17.02 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 15.87 Cr. (Jun 2025) to 17.02 Cr., marking an increase of 1.15 Cr..
- For Depreciation, as of Sep 2025, the value is 4.81 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.61 Cr. (Jun 2025) to 4.81 Cr., marking an increase of 0.20 Cr..
- For Profit before tax, as of Sep 2025, the value is 7.99 Cr.. The value appears strong and on an upward trend. It has increased from 4.45 Cr. (Jun 2025) to 7.99 Cr., marking an increase of 3.54 Cr..
- For Tax %, as of Sep 2025, the value is 25.66%. The value appears to be increasing, which may not be favorable. It has increased from 25.62% (Jun 2025) to 25.66%, marking an increase of 0.04%.
- For Net Profit, as of Sep 2025, the value is 5.94 Cr.. The value appears strong and on an upward trend. It has increased from 3.32 Cr. (Jun 2025) to 5.94 Cr., marking an increase of 2.62 Cr..
- For EPS in Rs, as of Sep 2025, the value is 0.51. The value appears strong and on an upward trend. It has increased from 0.29 (Jun 2025) to 0.51, marking an increase of 0.22.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:07 am
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|
| Sales | 664 | 1,169 | 2,598 | 2,645 |
| Expenses | 694 | 1,153 | 2,532 | 2,571 |
| Operating Profit | -30 | 16 | 66 | 75 |
| OPM % | -5% | 1% | 3% | 3% |
| Other Income | 54 | 18 | 31 | 29 |
| Interest | 18 | 24 | 60 | 65 |
| Depreciation | 6 | 6 | 13 | 17 |
| Profit before tax | -0 | 4 | 24 | 22 |
| Tax % | 468% | -17% | 35% | |
| Net Profit | -2 | 4 | 15 | 16 |
| EPS in Rs | 0.37 | 1.34 | 1.35 | |
| Dividend Payout % | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2023-2024 | 2024-2025 |
|---|---|---|
| YoY Net Profit Growth (%) | 300.00% | 275.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | -25.00% |
Bajel Projects Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 2 years from 2023-2024 to 2024-2025.
Growth
Last Updated: September 5, 2025, 2:36 pm
Balance Sheet
Last Updated: December 4, 2025, 2:28 am
| Month | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 |
| Reserves | 534 | 543 | 562 | 502 |
| Borrowings | 1 | 15 | 140 | 113 |
| Other Liabilities | 377 | 762 | 1,269 | 1,275 |
| Total Liabilities | 935 | 1,343 | 1,993 | 1,913 |
| Fixed Assets | 48 | 69 | 98 | 106 |
| CWIP | 1 | 0 | 0 | 7 |
| Investments | 0 | 3 | 0 | 0 |
| Other Assets | 887 | 1,271 | 1,895 | 1,800 |
| Total Assets | 935 | 1,343 | 1,993 | 1,913 |
Below is a detailed analysis of the balance sheet data for Bajel Projects Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 23.00 Cr..
- For Reserves, as of Sep 2025, the value is 502.00 Cr.. The value appears to be declining and may need further review. It has decreased from 562.00 Cr. (Mar 2025) to 502.00 Cr., marking a decrease of 60.00 Cr..
- For Borrowings, as of Sep 2025, the value is 113.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 140.00 Cr. (Mar 2025) to 113.00 Cr., marking a decrease of 27.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 1,275.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,269.00 Cr. (Mar 2025) to 1,275.00 Cr., marking an increase of 6.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 1,913.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,993.00 Cr. (Mar 2025) to 1,913.00 Cr., marking a decrease of 80.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 106.00 Cr.. The value appears strong and on an upward trend. It has increased from 98.00 Cr. (Mar 2025) to 106.00 Cr., marking an increase of 8.00 Cr..
- For CWIP, as of Sep 2025, the value is 7.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2025) to 7.00 Cr., marking an increase of 7.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 1,800.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,895.00 Cr. (Mar 2025) to 1,800.00 Cr., marking a decrease of 95.00 Cr..
- For Total Assets, as of Sep 2025, the value is 1,913.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,993.00 Cr. (Mar 2025) to 1,913.00 Cr., marking a decrease of 80.00 Cr..
Notably, the Reserves (502.00 Cr.) exceed the Borrowings (113.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
Free Cash Flow
| Month | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Free Cash Flow | -31.00 | 1.00 | -74.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| Debtor Days | 203 | 190 | 136 |
| Inventory Days | 74 | 42 | 24 |
| Days Payable | 196 | 201 | 145 |
| Cash Conversion Cycle | 81 | 31 | 15 |
| Working Capital Days | 233 | 62 | -12 |
| ROCE % | 6% | 13% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund | 6,150,393 | 0.16 | 106.56 | 3,062,071 | 2025-10-15 07:21:28 | 100.86% |
| Nippon India Power & Infra Fund | 3,418,131 | 0.83 | 59.22 | 3,219,775 | 2026-01-25 01:58:15 | 6.16% |
| Nippon India Retirement Fund - Wealth Creation Scheme | 712,744 | 0.39 | 12.35 | N/A | N/A | N/A |
| Bandhan Small Cap Fund | 140,481 | 0.01 | 2.43 | 115,481 | 2026-01-26 08:21:04 | 21.65% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 |
|---|---|---|
| FaceValue | 2.00 | 2.00 |
| Basic EPS (Rs.) | 1.34 | 0.37 |
| Diluted EPS (Rs.) | 1.33 | 0.37 |
| Cash EPS (Rs.) | 2.43 | 0.87 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 57.63 | 49.11 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 57.63 | 49.11 |
| Revenue From Operations / Share (Rs.) | 224.76 | 101.42 |
| PBDIT / Share (Rs.) | 7.80 | 3.10 |
| PBIT / Share (Rs.) | 6.70 | 2.59 |
| PBT / Share (Rs.) | 2.07 | 0.31 |
| Net Profit / Share (Rs.) | 1.34 | 0.37 |
| NP After MI And SOA / Share (Rs.) | 1.34 | 0.37 |
| PBDIT Margin (%) | 3.47 | 3.05 |
| PBIT Margin (%) | 2.98 | 2.55 |
| PBT Margin (%) | 0.92 | 0.31 |
| Net Profit Margin (%) | 0.59 | 0.36 |
| NP After MI And SOA Margin (%) | 0.59 | 0.36 |
| Return on Networth / Equity (%) | 2.32 | 0.75 |
| Return on Capital Employeed (%) | 11.05 | 5.01 |
| Return On Assets (%) | 0.74 | 0.31 |
| Total Debt / Equity (X) | 0.18 | 0.00 |
| Asset Turnover Ratio (%) | 1.52 | 0.00 |
| Current Ratio (X) | 1.13 | 1.47 |
| Quick Ratio (X) | 1.04 | 1.34 |
| Inventory Turnover Ratio (X) | 22.73 | 0.00 |
| Interest Coverage Ratio (X) | 1.69 | 1.93 |
| Interest Coverage Ratio (Post Tax) (X) | 1.29 | 1.65 |
| Enterprise Value (Cr.) | 1743.26 | 2322.33 |
| EV / Net Operating Revenue (X) | 0.67 | 1.99 |
| EV / EBITDA (X) | 19.33 | 65.02 |
| MarketCap / Net Operating Revenue (X) | 0.72 | 2.12 |
| Price / BV (X) | 2.84 | 4.37 |
| Price / Net Operating Revenue (X) | 0.72 | 2.12 |
| EarningsYield | 0.01 | 0.00 |
After reviewing the key financial ratios for Bajel Projects Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 1.34. This value is below the healthy minimum of 5. It has increased from 0.37 (Mar 24) to 1.34, marking an increase of 0.97.
- For Diluted EPS (Rs.), as of Mar 25, the value is 1.33. This value is below the healthy minimum of 5. It has increased from 0.37 (Mar 24) to 1.33, marking an increase of 0.96.
- For Cash EPS (Rs.), as of Mar 25, the value is 2.43. This value is below the healthy minimum of 3. It has increased from 0.87 (Mar 24) to 2.43, marking an increase of 1.56.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 57.63. It has increased from 49.11 (Mar 24) to 57.63, marking an increase of 8.52.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 57.63. It has increased from 49.11 (Mar 24) to 57.63, marking an increase of 8.52.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 224.76. It has increased from 101.42 (Mar 24) to 224.76, marking an increase of 123.34.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 7.80. This value is within the healthy range. It has increased from 3.10 (Mar 24) to 7.80, marking an increase of 4.70.
- For PBIT / Share (Rs.), as of Mar 25, the value is 6.70. This value is within the healthy range. It has increased from 2.59 (Mar 24) to 6.70, marking an increase of 4.11.
- For PBT / Share (Rs.), as of Mar 25, the value is 2.07. This value is within the healthy range. It has increased from 0.31 (Mar 24) to 2.07, marking an increase of 1.76.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 1.34. This value is below the healthy minimum of 2. It has increased from 0.37 (Mar 24) to 1.34, marking an increase of 0.97.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 1.34. This value is below the healthy minimum of 2. It has increased from 0.37 (Mar 24) to 1.34, marking an increase of 0.97.
- For PBDIT Margin (%), as of Mar 25, the value is 3.47. This value is below the healthy minimum of 10. It has increased from 3.05 (Mar 24) to 3.47, marking an increase of 0.42.
- For PBIT Margin (%), as of Mar 25, the value is 2.98. This value is below the healthy minimum of 10. It has increased from 2.55 (Mar 24) to 2.98, marking an increase of 0.43.
- For PBT Margin (%), as of Mar 25, the value is 0.92. This value is below the healthy minimum of 10. It has increased from 0.31 (Mar 24) to 0.92, marking an increase of 0.61.
- For Net Profit Margin (%), as of Mar 25, the value is 0.59. This value is below the healthy minimum of 5. It has increased from 0.36 (Mar 24) to 0.59, marking an increase of 0.23.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 0.59. This value is below the healthy minimum of 8. It has increased from 0.36 (Mar 24) to 0.59, marking an increase of 0.23.
- For Return on Networth / Equity (%), as of Mar 25, the value is 2.32. This value is below the healthy minimum of 15. It has increased from 0.75 (Mar 24) to 2.32, marking an increase of 1.57.
- For Return on Capital Employeed (%), as of Mar 25, the value is 11.05. This value is within the healthy range. It has increased from 5.01 (Mar 24) to 11.05, marking an increase of 6.04.
- For Return On Assets (%), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 5. It has increased from 0.31 (Mar 24) to 0.74, marking an increase of 0.43.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.18. This value is within the healthy range. It has increased from 0.00 (Mar 24) to 0.18, marking an increase of 0.18.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.52. It has increased from 0.00 (Mar 24) to 1.52, marking an increase of 1.52.
- For Current Ratio (X), as of Mar 25, the value is 1.13. This value is below the healthy minimum of 1.5. It has decreased from 1.47 (Mar 24) to 1.13, marking a decrease of 0.34.
- For Quick Ratio (X), as of Mar 25, the value is 1.04. This value is within the healthy range. It has decreased from 1.34 (Mar 24) to 1.04, marking a decrease of 0.30.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 22.73. This value exceeds the healthy maximum of 8. It has increased from 0.00 (Mar 24) to 22.73, marking an increase of 22.73.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 1.69. This value is below the healthy minimum of 3. It has decreased from 1.93 (Mar 24) to 1.69, marking a decrease of 0.24.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.29. This value is below the healthy minimum of 3. It has decreased from 1.65 (Mar 24) to 1.29, marking a decrease of 0.36.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,743.26. It has decreased from 2,322.33 (Mar 24) to 1,743.26, marking a decrease of 579.07.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.67. This value is below the healthy minimum of 1. It has decreased from 1.99 (Mar 24) to 0.67, marking a decrease of 1.32.
- For EV / EBITDA (X), as of Mar 25, the value is 19.33. This value exceeds the healthy maximum of 15. It has decreased from 65.02 (Mar 24) to 19.33, marking a decrease of 45.69.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.72. This value is below the healthy minimum of 1. It has decreased from 2.12 (Mar 24) to 0.72, marking a decrease of 1.40.
- For Price / BV (X), as of Mar 25, the value is 2.84. This value is within the healthy range. It has decreased from 4.37 (Mar 24) to 2.84, marking a decrease of 1.53.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.72. This value is below the healthy minimum of 1. It has decreased from 2.12 (Mar 24) to 0.72, marking a decrease of 1.40.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has increased from 0.00 (Mar 24) to 0.01, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bajel Projects Ltd:
- Net Profit Margin: 0.59%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 11.05% (Industry Average ROCE: 18.23%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 2.32% (Industry Average ROE: 15.5%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.29
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.04
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 116 (Industry average Stock P/E: 35.93)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.18
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 0.59%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Power - Transmission/Equipment | 801, Rustomjee Aspiree, Bhanu Shankar Yagnik Marg, Mumbai Maharashtra 400022 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Shekhar Bajaj | Chairman & Non-Exe.Director |
| Mr. Rajesh Ganesh | Managing Director & CEO |
| Mr. Ajay Nagle | Executive Director & Company Secretary |
| Mr. Rajendra Prasad Singh | Ind. Non-Executive Director |
| Ms. Radhika Dudhat | Ind. Non-Executive Director |
| Mr. Maneck Davar | Ind. Non-Executive Director |
| Mr. Sudarshan Sampathkumar | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Bajel Projects Ltd?
Bajel Projects Ltd's intrinsic value (as of 02 February 2026) is ₹177.30 which is 13.65% higher the current market price of ₹156.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,808 Cr. market cap, FY2025-2026 high/low of ₹264/142, reserves of ₹502 Cr, and liabilities of ₹1,913 Cr.
What is the Market Cap of Bajel Projects Ltd?
The Market Cap of Bajel Projects Ltd is 1,808 Cr..
What is the current Stock Price of Bajel Projects Ltd as on 02 February 2026?
The current stock price of Bajel Projects Ltd as on 02 February 2026 is ₹156.
What is the High / Low of Bajel Projects Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Bajel Projects Ltd stocks is ₹264/142.
What is the Stock P/E of Bajel Projects Ltd?
The Stock P/E of Bajel Projects Ltd is 116.
What is the Book Value of Bajel Projects Ltd?
The Book Value of Bajel Projects Ltd is 45.4.
What is the Dividend Yield of Bajel Projects Ltd?
The Dividend Yield of Bajel Projects Ltd is 0.00 %.
What is the ROCE of Bajel Projects Ltd?
The ROCE of Bajel Projects Ltd is 12.9 %.
What is the ROE of Bajel Projects Ltd?
The ROE of Bajel Projects Ltd is 2.68 %.
What is the Face Value of Bajel Projects Ltd?
The Face Value of Bajel Projects Ltd is 2.00.