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Bajel Projects Limited

BAJEL BSE Utilities - Regulated Electric Utilities

Bajel Projects Limited engages in the engineering, procurement, and construction (EPC) for power transmission and distribution projects in India and internationally. The company offers turnkey solutions, including engin…

ISIN INE0KQN01018
Listed β€”
Quarters tracked 13
Filings 8 docs

About

Bajel Projects Limited engages in the engineering, procurement, and construction (EPC) for power transmission and distribution projects in India and internationally. The company offers turnkey solutions, including engineering, designing, testing, manufacturing, executing, and commissioning of EHV transmission lines; and constructs new infrastructure, as well as the augmentation of existing infrastructure for various power distribution companies and agencies. It also engages in rural/urban electrification; primary distribution substation; and underground cabling activities. In addition, the company designs, manufactures, supplies, and installs monopoles; designs and manufactures a range of transmission, distribution poles, including single poles, twin poles, and special structures, such as cable termination poles, three poles, or quad structures; and tubular substation structures. Further, it provides lattice structure, steel tubular poles, lighting poles and masts; and galvanizing services. Bajel Projects Limited was incorporated in 2022 and is based in Mumbai, India.

Key Metrics

as of Sep 2026
Market Cap2,127 Cr
P/E78.80
Div Yield0.33 %
Book Valueβ‚Ή64.60
52w Highβ‚Ή227.00
52w Lowβ‚Ή135.00
Face Valueβ‚Ή2.00

Quarterly Results

Rs. Crores Β· hover row for definition
Metric Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023
Sales 566.88 1,007.77 562.34 613.83 607.64 801.42 622.39 662.41 512.01 489.16 275.08 199.95 205.02
Expenses 548.33 976.63 535.17 591.00 591.09 780.68 607.75 645.61 504.91 481.31 265.96 203.96 207.57
Operating Profit 18.55 31.14 27.17 22.83 16.55 20.74 14.64 16.80 7.10 7.85 9.12 -4.01 -2.55
OPM % 3.27 3.09 4.83 3.72 2.72 2.59 2.35 2.54 1.39 1.60 3.32 -2.01 -1.24
Other Income 5.07 6.76 -2.85 6.98 8.38 6.60 7.45 5.15 11.70 10.39 0.97 2.15 4.12
Depreciation 4.95 5.04 5.22 4.81 4.61 4.06 3.21 3.26 2.16 1.75 1.43 1.40 1.24
Interest 11.78 14.31 16.22 17.02 15.87 16.95 15.45 11.93 9.19 10.07 3.97 2.16 2.34
Profit before tax 6.89 18.55 2.88 7.98 4.45 6.33 3.43 6.76 7.45 6.42 4.69 -5.42 -2.01
Tax % 33.82 15.31 30.90 25.56 25.62 23.85 57.43 45.86 25.91 -10.28 28.36 -18.08 -14.93
Net Profit 4.55 15.71 1.98 5.94 3.32 4.82 1.46 3.66 5.52 7.07 3.36 -4.44 -1.70
EPS in Rs 0.39 1.36 0.17 0.51 0.29 0.42 0.13 0.32 0.48 0.61 0.29 -0.39 β€”

Profit & Loss

Annual Β· Rs. Crores
Metric Mar 2026Mar 2025Mar 2024Mar 2023
Sales 2,792.002,598.001,169.00664.00
Expenses 2,674.002,523.001,153.00694.00
Operating Profit 118.0075.0016.00-30.00
OPM % 4.202.901.40-4.60
Other Income 10.0021.0018.0054.00
Interest 74.0060.0024.0018.00
Depreciation 20.0013.006.006.00
Profit before tax 34.0024.004.000.00
Tax % 20.0035.00-17.00468.00
Net Profit 27.0015.004.00-2.00
EPS in Rs 2.331.340.37β€”
Dividend Payout % 103.000.000.000.00

Balance Sheet

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023
Equity Capital 23.0023.0023.0023.00
Reserves 658.00562.00543.00534.00
Borrowings 367.00376.0015.001.00
Other Liabilities 1,424.001,033.00762.00377.00
Total Liabilities 2,472.001,993.001,343.00935.00
Fixed Assets 108.0098.0069.0048.00
CWIP 7.000.000.001.00
Investments 0.000.003.000.00
Other Assets 2,357.001,895.001,271.00887.00
Total Assets 2,472.001,993.001,343.00935.00

Cash Flows

Annual Β· Rs. Crores β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023
Cash from Operating Activity 21.0069.00195.0011.00
Cash from Investing Activity 19.00-128.00-135.00-3.00
Cash from Financing Activity -72.0068.00-15.00-8.00
Net Cash Flow -32.009.0046.000.00
Free Cash Flow -13.0035.00168.008.00
CFO/OP % 22.0091.001,233.00-48.00

Ratios

Annual Β· Days / % β€” latest first
Metric Mar 2026Mar 2025Mar 2024Mar 2023
Debtor Days 214.00136.00190.00203.00
Inventory Days 26.0024.0042.0074.00
Days Payable 166.00103.00201.00196.00
Cash Conversion Cycle 74.0057.0031.0081.00
Working Capital Days 23.00-13.0062.00233.00
ROCE % 12.0012.006.00β€”

Shareholding Pattern

% holding β€” latest first
Holder Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023
Promoters 62.53 62.53 62.53 62.55 62.57 62.57 62.59 62.61 62.72 62.75 62.85 62.85
FIIs 0.53 0.50 0.40 0.67 0.32 0.31 0.28 0.50 0.29 0.51 10.46 10.51
DIIs 9.20 9.58 9.06 8.66 10.30 9.60 9.54 8.29 7.83 8.07 12.03 11.98
Public 27.72 27.39 28.01 28.11 26.81 27.51 27.59 28.59 29.17 28.67 14.66 14.66
No. of Shareholders 83,063 83,533 83,991 85,013 85,939 88,561 89,929 90,725 90,106 83,268 62,796 63,363

Corporate Actions

1 records
ActionEx DateRecord DateRatioAmount (β‚Ή)Notes
Dividend 31 Jul 2026 31 Jul 2026 β€” 0.60

Announcements

5 filings

Shareholding Pattern

Open on BSE

Financial Results β€” Filings

Open on BSE

Board Filings

Open on BSE

Annual Reports

Credit Ratings

Conference Calls