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Last Updated: February 23, 2026, 3:44 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 544042 | NSE: BAJEL

Bajel Projects Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 23, 2026, 3:44 pm

Market Cap 1,853 Cr.
Current Price 160
Intrinsic Value₹134.97
High / Low 264/142
Stock P/E88.3
Book Value 45.4
Dividend Yield0.00 %
ROCE12.9 %
ROE2.68 %
Face Value 2.00
PEG Ratio1.64

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Bajel Projects Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Bajel Projects Ltd 1,853 Cr. 160 264/14288.3 45.40.00 %12.9 %2.68 % 2.00
Aartech Solonics Ltd 138 Cr. 43.4 77.7/43.442.7 10.60.29 %5.64 %8.23 % 5.00
Voltamp Transformers Ltd 8,385 Cr. 8,288 10,088/5,90023.7 1,6261.21 %29.1 %21.7 % 10.0
Transformers & Rectifiers India Ltd (TRIL) 9,086 Cr. 303 595/22434.1 44.80.06 %28.0 %23.4 % 1.00
Power Grid Corporation of India Ltd 2,81,715 Cr. 303 322/24718.1 1062.98 %12.8 %17.0 % 10.0
Industry Average39,972.75 Cr1,406.8534.54294.380.68%18.23%15.50%5.25

All Competitor Stocks of Bajel Projects Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 66.94175.01197.77205.02199.95275.08489.16512.01662.41622.39801.42607.64613.83
Expenses 72.18179.92204.48207.57203.96265.96481.31504.91645.61607.75780.68591.09590.99
Operating Profit -5.24-4.91-6.71-2.55-4.019.127.857.1016.8014.6420.7416.5522.84
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 13.147.0210.724.122.150.9710.3911.705.157.456.608.386.98
Interest 0.661.484.002.342.163.9710.079.1911.9315.4516.9515.8717.02
Depreciation 2.732.000.681.241.401.431.752.163.263.214.064.614.81
Profit before tax 4.51-1.37-0.67-2.01-5.424.696.427.456.763.436.334.457.99
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 3.14-1.40-0.78-1.70-4.443.367.075.523.661.464.823.325.94
EPS in Rs -0.390.290.610.480.320.130.420.290.51

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.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 4:07 am

MetricMar 2023Mar 2024Mar 2025TTM
Sales 6641,1692,5982,645
Expenses 6941,1532,5322,571
Operating Profit -30166675
OPM % -5%1%3%3%
Other Income 54183129
Interest 18246065
Depreciation 661317
Profit before tax -042422
Tax % 468%-17%35%
Net Profit -241516
EPS in Rs 0.371.341.35
Dividend Payout % 0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2023-20242024-2025
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

MonthMar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 23232323
Reserves 534543562502
Borrowings 115140113
Other Liabilities 3777621,2691,275
Total Liabilities 9351,3431,9931,913
Fixed Assets 486998106
CWIP 1007
Investments 0300
Other Assets 8871,2711,8951,800
Total Assets 9351,3431,9931,913

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.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1119569
Cash from Investing Activity + -3-135-128
Cash from Financing Activity + -8-1568
Net Cash Flow -0469

Free Cash Flow

MonthMar 2023Mar 2024Mar 2025
Free Cash Flow-31.001.00-74.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2023Mar 2024Mar 2025
Debtor Days 203190136
Inventory Days 744224
Days Payable 196201145
Cash Conversion Cycle 813115
Working Capital Days 23362-12
ROCE %6%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 62.85%62.85%62.75%62.72%62.61%62.59%62.57%62.57%62.55%62.53%
FIIs 10.51%10.46%0.51%0.29%0.50%0.28%0.31%0.32%0.67%0.40%
DIIs 11.98%12.03%8.07%7.83%8.29%9.54%9.60%10.30%8.66%9.06%
Public 14.66%14.66%28.67%29.17%28.59%27.59%27.51%26.81%28.11%28.01%
No. of Shareholders 63,36362,79683,26890,10690,72589,92988,56185,93985,01383,991

Shareholding Pattern Chart

No. of Shareholders

Bajel Projects Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund 6,150,393 0.14 95.153,062,0712025-10-15 07:21:28100.86%
Nippon India Power & Infra Fund 3,460,016 0.79 53.533,418,1312026-02-22 00:11:131.23%
Nippon India Retirement Fund - Wealth Creation Scheme 712,744 0.35 11.03N/AN/AN/A
Bandhan Small Cap Fund 204,353 0.02 3.16140,4812026-02-23 03:11:2645.47%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24
FaceValue 2.002.00
Basic EPS (Rs.) 1.340.37
Diluted EPS (Rs.) 1.330.37
Cash EPS (Rs.) 2.430.87
Book Value[Excl.RevalReserv]/Share (Rs.) 57.6349.11
Book Value[Incl.RevalReserv]/Share (Rs.) 57.6349.11
Revenue From Operations / Share (Rs.) 224.76101.42
PBDIT / Share (Rs.) 7.803.10
PBIT / Share (Rs.) 6.702.59
PBT / Share (Rs.) 2.070.31
Net Profit / Share (Rs.) 1.340.37
NP After MI And SOA / Share (Rs.) 1.340.37
PBDIT Margin (%) 3.473.05
PBIT Margin (%) 2.982.55
PBT Margin (%) 0.920.31
Net Profit Margin (%) 0.590.36
NP After MI And SOA Margin (%) 0.590.36
Return on Networth / Equity (%) 2.320.75
Return on Capital Employeed (%) 11.055.01
Return On Assets (%) 0.740.31
Total Debt / Equity (X) 0.180.00
Asset Turnover Ratio (%) 1.520.00
Current Ratio (X) 1.131.47
Quick Ratio (X) 1.041.34
Inventory Turnover Ratio (X) 22.730.00
Interest Coverage Ratio (X) 1.691.93
Interest Coverage Ratio (Post Tax) (X) 1.291.65
Enterprise Value (Cr.) 1743.262322.33
EV / Net Operating Revenue (X) 0.671.99
EV / EBITDA (X) 19.3365.02
MarketCap / Net Operating Revenue (X) 0.722.12
Price / BV (X) 2.844.37
Price / Net Operating Revenue (X) 0.722.12
EarningsYield 0.010.00

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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bajel Projects Ltd as of February 24, 2026 is: ₹87.67

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 24, 2026, Bajel Projects Ltd is Overvalued by 45.21% compared to the current share price ₹160.00

Intrinsic Value of Bajel Projects Ltd as of February 24, 2026 is: ₹134.97

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 24, 2026, Bajel Projects Ltd is Overvalued by 15.64% compared to the current share price ₹160.00

Last 5 Year EPS CAGR: 53.95%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (535.25 cr) compared to borrowings (67.25 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (167.25 cr) and profit (12.50 cr) over the years.
  1. The stock has a low average ROCE of 6.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 94.33, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 42.33, which may not be favorable.

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:
    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. Stock P/E: 88.3 (Industry average Stock P/E: 34.54)
      • 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.
    7. 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.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Bajel Projects Ltd. is a Public Limited Listed company incorporated on 19/01/2022 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L31900MH2022PLC375133 and registration number is 375133. Currently Company is involved in the business activities of Electric power generation, transmission and distribution. Company's Total Operating Revenue is Rs. 2598.24 Cr. and Equity Capital is Rs. 23.12 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Power - Transmission/Equipment801, Rustomjee Aspiree, Bhanu Shankar Yagnik Marg, Mumbai Maharashtra 400022Contact not found
Management
NamePosition Held
Mr. Shekhar BajajChairman & Non-Exe.Director
Mr. Rajesh GaneshManaging Director & CEO
Mr. Ajay NagleExecutive Director & Company Secretary
Mr. Rajendra Prasad SinghInd. Non-Executive Director
Ms. Radhika DudhatInd. Non-Executive Director
Mr. Maneck DavarInd. Non-Executive Director
Mr. Sudarshan SampathkumarInd. Non-Executive Director

FAQ

What is the intrinsic value of Bajel Projects Ltd?

Bajel Projects Ltd's intrinsic value (as of 23 February 2026) is ₹134.97 which is 15.64% lower the current market price of ₹160.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,853 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 1,853 Cr..

What is the current Stock Price of Bajel Projects Ltd as on 23 February 2026?

The current stock price of Bajel Projects Ltd as on 23 February 2026 is ₹160.

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 88.3.

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.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Bajel Projects Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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