Bajel Projects Limited has informed the Exchange regarding "Announcement under Regulation 30 (LODR) 2015 - Press Release ".
BAJEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bajel Projects Ltd, a Bajaj Group company, reported its strongest annual performance since listing for FY26 ending March 2026. Standalone revenue grew 7% to Rs. 2,792 crores, while Profit After Tax surged 74% to Rs. 27 crores versus Rs. 15 crores in FY25. EBITDA expanded 38% YoY to Rs. 125 crores with margins improving from 3.4% to 4.4%. Q4 FY26 showed particularly strong momentum with PAT jumping 226% to Rs. 16 crores. The Board recommended maiden dividend of Rs. 0.60 per share (30% payout). Key wins in Q4 include MSETCL ultra-mega order (400 Cr+), Vindhyachal Pool project (400 Cr+), and Mandsaur transmission project (100-200 Cr). The company also entered a 50:50 JV with Saudi Arabia's Al Sharif Group and signed a tripartite agreement with NIIF for power transmission asset development.
The strong profitability expansion, maiden dividend, and multiple large-order wins signal improving fundamentals and cash generation capability. Shareholders can expect positive sentiment given the 74% PAT growth, margin expansion, and international expansion into Saudi Arabia's growing power infrastructure market.