Share Price and Basic Stock Data
Last Updated: January 10, 2026, 8:03 am
| PEG Ratio | 2.34 |
|---|
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, with its stock currently priced at ₹178 and a market capitalization of ₹2,055 Cr. The company reported sales of ₹664 Cr for the fiscal year ending March 2023, which rose significantly to ₹1,169 Cr in March 2024 and further surged to ₹2,598 Cr in March 2025. The trailing twelve months (TTM) sales stood at ₹2,645 Cr, indicating a robust growth trajectory. Quarterly sales figures reflect a consistent upward trend, with the most recent quarter (September 2023) reporting ₹199.95 Cr, rising to ₹275.08 Cr in December 2023. The sales increase is indicative of Bajel’s expanding operations and market presence, positioning the company favorably within a competitive landscape. However, the company has faced challenges, with operating profit margins remaining low, highlighting the need for improved expense management as it scales.
Profitability and Efficiency Metrics
Bajel Projects Ltd has demonstrated a gradual improvement in profitability metrics, with a reported operating profit of ₹66 Cr for the fiscal year ending March 2025, compared to a loss of ₹30 Cr in March 2023. The operating profit margin (OPM) rose to 3% in March 2025, reflecting a positive shift from the negative margins recorded in previous years. The company’s interest coverage ratio (ICR) stood at 1.69x, indicating its ability to cover interest expenses but still suggesting a cautious approach towards debt management. The net profit for March 2025 was ₹15 Cr, a significant recovery from a loss of ₹2 Cr in the previous fiscal year. The cash conversion cycle (CCC) improved significantly from 81 days in March 2023 to just 15 days in March 2025, showcasing enhanced operational efficiency. While these metrics indicate a turnaround, Bajel must continue to focus on cost control to sustain profitability amid rising operational expenses.
Balance Sheet Strength and Financial Ratios
The balance sheet of Bajel Projects Ltd reflects a growing asset base, with total assets increasing from ₹935 Cr in March 2023 to ₹1,993 Cr by March 2025. The company’s borrowings rose substantially to ₹140 Cr in March 2025 from a mere ₹1 Cr in March 2023, indicating increased leverage to fund expansion. Reserves stood at ₹562 Cr in March 2025, down from ₹534 Cr in March 2023, which suggests the company is reinvesting profits into growth rather than accumulating reserves. The return on equity (ROE) was reported at 2.32% for March 2025, a notable improvement from 0.75% in March 2024. The price-to-book value (P/BV) ratio is 2.84x, which is relatively high compared to typical sector norms, suggesting that the market has high expectations for future growth. However, the increase in debt raises concerns about financial stability, necessitating careful monitoring of leverage ratios.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Bajel Projects Ltd indicates a stable ownership structure, with promoters holding 62.55% of the company as of September 2025. The foreign institutional investors (FIIs) have a minimal stake of 0.67%, while domestic institutional investors (DIIs) hold 8.66%. The public shareholding stands at 28.11%, with a total of 85,013 shareholders, reflecting a healthy retail investor base. Over the past year, promoter holdings have slightly declined, which could signal a need for increased investor outreach to maintain confidence. The consistent increase in public holdings from 14.66% in September 2023 to 28.11% in September 2025 indicates growing interest from retail investors. This trend, combined with the company’s improving financial metrics, may foster greater confidence among investors, although the low FII participation could be a concern for broader market acceptance.
Outlook, Risks, and Final Insight
Bajel Projects Ltd is on a positive trajectory, with strong revenue growth and improving profitability metrics. However, the company faces several risks, including rising operational costs and increased leverage, which could impact future profitability. The volatility in global supply chains and fluctuations in raw material costs remain critical factors that could affect performance. Additionally, the company’s dependency on the power sector exposes it to regulatory changes and market dynamics. To enhance its outlook, Bajel must capitalize on its growing sales while ensuring efficient operational management. If it successfully navigates these challenges, it may achieve sustainable growth and improve investor sentiment. Conversely, failure to manage expenses and debt could hinder progress and impact long-term viability. Overall, Bajel’s strategic focus on operational efficiency and market expansion will be crucial in determining its future success.
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 | 1,962 Cr. | 170 | 264/145 | 126 | 45.4 | 0.00 % | 12.9 % | 2.68 % | 2.00 |
| Aartech Solonics Ltd | 168 Cr. | 53.0 | 81.9/46.8 | 51.2 | 10.6 | 0.24 % | 5.64 % | 8.23 % | 5.00 |
| Voltamp Transformers Ltd | 7,350 Cr. | 7,264 | 10,088/5,900 | 22.4 | 1,626 | 1.38 % | 29.1 % | 21.7 % | 10.0 |
| Transformers & Rectifiers India Ltd (TRIL) | 8,234 Cr. | 274 | 595/230 | 30.9 | 44.8 | 0.07 % | 28.0 % | 23.4 % | 1.00 |
| Power Grid Corporation of India Ltd | 2,39,956 Cr. | 258 | 322/247 | 15.8 | 106 | 3.49 % | 12.8 % | 17.0 % | 10.0 |
| Industry Average | 34,839.88 Cr | 1,278.75 | 39.58 | 294.38 | 0.75% | 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 | 109.33 | 3,062,071 | 2025-10-15 07:21:28 | 100.86% |
| Nippon India Power & Infra Fund | 3,219,775 | 0.78 | 57.23 | 3,189,775 | 2025-12-15 01:07:20 | 0.94% |
| Nippon India Retirement Fund - Wealth Creation Scheme | 712,744 | 0.39 | 12.67 | N/A | N/A | N/A |
| Bandhan Small Cap Fund | 115,481 | 0.01 | 2.05 | N/A | N/A | N/A |
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: 126 (Industry average Stock P/E: 39.58)
- 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 11 January 2026) is ₹125.10 which is 26.41% lower the current market price of ₹170.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,962 Cr. market cap, FY2025-2026 high/low of ₹264/145, 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 1,962 Cr..
What is the current Stock Price of Bajel Projects Ltd as on 11 January 2026?
The current stock price of Bajel Projects Ltd as on 11 January 2026 is ₹170.
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 ₹264/145.
What is the Stock P/E of Bajel Projects Ltd?
The Stock P/E of Bajel Projects Ltd is 126.
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.