Announcement under Regulation 30 (LODR) - Press Release
BAJEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bajel Projects reported its strongest annual performance since listing with standalone revenue of Rs. 2,792 crores in FY26, up 7% YoY. Profit After Tax surged 74% to Rs. 27 crores from Rs. 15 crores, while EBITDA grew 38% to Rs. 125 crores with margins expanding from 3.4% to 4.4%. Q4 FY26 was particularly strong with revenue of Rs. 1,008 crores (26% growth) and PAT of Rs. 16 crores (226% increase). The Board recommended a maiden dividend of Rs. 0.60 per share. Key order wins include MSETCL ultra-mega order (400 Cr+), Mandsaur transmission (100-200 Cr), and Vindhyachal Pool project (400 Cr+). The company also announced a JV with Saudi Arabia's Al Sharif Group and a collaboration with NIIF for power transmission asset development.
Strong profitability expansion and maiden dividend signal management confidence in the company's outlook. Margin expansion from 3.4% to 4.4% demonstrates operational efficiency improvements, while substantial order wins provide visible revenue visibility for coming quarters.