Bajel Projects Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Bajel Projects Limited reported audited standalone FY2026 results with revenue from operations of Rs 2,882.81 crore, up 8.3% from Rs 2,662.61 crore in FY2025. Profit after tax grew 47.8% to Rs 15.46 crore from Rs 10.46 crore. The company recommended a final dividend of Rs 0.60 per share (30% of face value). The Board approved increasing borrowing limits from Rs 3,500 crore to Rs 5,000 crore, subject to shareholder approval. Key management changes include appointment of Ms. Amee Joshi as Company Secretary and Mrs. Pooja Bajaj as Non-Executive Director. The auditors issued unmodified opinions but included an emphasis of matter regarding ongoing arbitration proceedings with three customers for recovery of Rs 8,596 lakh outstanding balances.
Revenue growth of 8.3% is modest, but strong PAT growth of 47.8% signals improved profitability. The arbitration matter with Rs 8,596 lakh outstanding is a watch item but auditors have not qualified the opinion. Increased borrowing limits suggest future capital needs.