Bajel Projects Limited has informed the Exchange about Dividend declaration
BAJEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.6 pts more than Nifty Microcap 250 and 7.6 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Bajel Projects Limited reported strong annual results for FY2026 with standalone revenue from operations at Rs 9,076.70 crore (up from Rs 2,882.82 crore in FY2025), representing over 200% revenue growth. Net profit after tax stood at Rs 289.33 crore, a near doubling from Rs 154.64 crore in the prior year, showing robust profitability improvement. The Board recommended a final dividend of Rs 0.60 per share (30% of face value Rs 2), subject to shareholder approval at the 4th AGM on August 7, 2026. The auditors issued unmodified opinions on both standalone and consolidated financials. However, an Emphasis of Matter paragraph was included regarding ongoing arbitration proceedings with three customers for recovery of Rs 8,596 lakh in outstanding balances. The company also increased its borrowing limits from Rs 3,500 crore to Rs 5,000 crore subject to shareholder approval.
The sharp revenue and profit growth signals strong operational performance, though the Rs 859.6 crore in disputed receivables from arbitration proceedings remains a key watch item for investors. The dividend declaration provides shareholder returns.