BAJEL PROJECTS LIMITED
Latest filings
Next results: Wed, 4 Nov · Financial Results- Board meeting set for November 4, 2026 results approval · Results
- Bajel wins record Rs 1,500 crore domestic transmission order · Business Updates
- Bajel bags over ₹200 crore Tata Power 400 kV GIS order · Compliance
Snapshot
What the business is, and whether it's a good one at a fair price.
Builds power transmission infrastructure on an EPC basis for utilities in India and, increasingly, the Middle East. The core business is Power Transmission, which contributed 83.58% of FY26 turnover and covers overhead transmission lines and EHV substations; the remaining share covers allied distribution, substation and related infrastructure work. In FY26, the company commissioned 1,168 ckm of transmission lines — roughly 10% of India's total additions — and held an order book of Rs 3,442 crore. Overseas, it has signed a Rs 400 crore-plus agreement with Egypt's EETC for two sections of a 500 kV line, incorporated a new Abu Dhabi subsidiary for EPC work in the UAE, and operates a Saudi JV with Al Sharif Group. Manufacturing and assembly is centred at the Ranjangaon facility, which holds ISO 9001, 14001, 45001 and 3834-2 certifications, backed by 1,580 employees and 5,198 workers. Materials are the dominant cost at 69.3% of revenue, followed by other operating expenses at 21.7% and employee costs at 5.4%, with FY26 depreciation at 0.7% of revenue and capex at 1.2%.
Scorecard
Measured from the filed financials, judged against its Heavy Electrical Equipment peers · as of FY26 — not investment advice
Strengths
Nothing stands out in the filed numbers.Concerns
Charts
How has the market priced it — with filings on the timeline?
BAJEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from BAJEL PROJECTS LIMITED's filed financials and exchange disclosures
What does BAJEL PROJECTS LIMITED do?
BAJEL PROJECTS LIMITED is a Electrical Equipment company listed on NSE and BSE, trading under the symbol BAJEL.
Is BAJEL PROJECTS LIMITED profitable?
Yes. Over the trailing twelve months BAJEL PROJECTS LIMITED reported a net profit of ₹22 Cr on revenue of ₹2,751 Cr.
Does BAJEL PROJECTS LIMITED pay a dividend?
Not in the latest reported year — BAJEL PROJECTS LIMITED's dividend payout for FY26 was nil.
Is BAJEL PROJECTS LIMITED debt-free?
No. It reported borrowings of ₹350 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹326 Cr after cash. Debt stands at 0.47× equity. That is higher than 79% of its 34 Heavy Electrical Equipment peers.
Is BAJEL PROJECTS LIMITED expensive compared with its peers?
On trailing P/E, BAJEL PROJECTS LIMITED ranks 29 of 34 in Heavy Electrical Equipment — cheaper than 15% of them, against an industry median of 36.5×. This is a position, not a valuation judgement.
How much does the BAJEL PROJECTS LIMITED share price move in a day?
On a typical session BAJEL PROJECTS LIMITED moves 1.18% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
When are BAJEL PROJECTS LIMITED's next results?
Financial Results on Wed, 4 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.
Where can I track BAJEL PROJECTS LIMITED's announcements?
Every NSE and BSE filing by BAJEL PROJECTS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.