| Quarterly Financials | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 496 | 517 | 657 | 623 | 796 | 610 |
| Expenses | 489 | 505 | 646 | 608 | 781 | 591 |
| EBITDA | 7 | 13 | 11 | 15 | 16 | 18 |
| Operating Profit % | -2 % | 0 % | 1 % | 1 % | 1 % | 2 % |
| Depreciation | 2 | 2 | 3 | 3 | 4 | 5 |
| Interest | 10 | 9 | 12 | 15 | 17 | 16 |
| Profit Before Tax | 6 | 8 | 7 | 3 | 6 | 4 |
| Tax | -1 | 2 | 3 | 2 | 2 | 1 |
| Net Profit | 7 | 6 | 4 | 2 | 5 | 3 |
| EPS in ₹ | 0.61 | 0.48 | 0.32 | 0.13 | 0.42 | 0.26 |
Bajel Projects
Bajel Projects
190.35
-2.93
(-1.52%)
Key Fundamentals
Market Cap
2,217.10 Cr
EPS
1.34
PE Ratio
169.69
Dividend Yield
0.00 %
Industry
Power 52 Week High
307.80
52 Week Low
146.41
PB Ratio
3.30
Debt to Equity
0.18
Sector
Integrated Power Utilities Actual
Company News
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Bajel Projects Limited, a power transmission and distribution infrastructure company, reported revenue from operations of ₹608 crore for Q1 FY2026, marking 19% year-over-year growth. The company's EBITDA increased 33% to ₹25 crore with margins improving to 4.0% from 3.6% in the previous year. However, profit before tax declined 40% to ₹4 crore. The company maintains a total order book of ₹3,612 crore as of June 30, 2025, with 92% from power transmission and 8% from power distribution segments. During the quarter, Bajel commissioned 3 projects, constructed 2,288 circuit kilometers of high-tension lines and 9,027 circuit kilometers of low-tension lines, and installed 4,495 distribution transformers. The company achieved record quarterly production of 36,978 poles at its manufacturing facility. Bajel has launched its RAASTA 2030 strategy focusing on high-voltage segments, international expansion, margin improvement, and digitization initiatives.
Bajel Projects Shareholders Approve Sudarshan Sampathkumar as Independent Director for Five-Year Term
Aug 18, 2025
Aug 18, 2025Bajel Projects Limited shareholders approved the appointment of Sudarshan Sampathkumar as Non-Executive Independent Director for a five-year term from May 22, 2025 to May 21, 2030. The approval was granted at the company's 3rd Annual General Meeting held on August 14, 2025. Sampathkumar's designation changed from Additional Non-Executive Independent Director to Non-Executive Independent Director. He brings over 35 years of experience in advisory, consulting and private equity, having previously served as Partner & Managing Director at Bain & Company and held leadership roles at Accenture. He currently serves on boards of Bajaj Electricals, Profectus Capital and Techfab Industries. Sampathkumar holds an MBA from IIM Ahmedabad and a Bachelor of Engineering from Indian Institute of Science, Bangalore.
Bajel Projects Limited, a Bajaj Group company, reported revenue from operations of Rs. 608 crores for Q1 FY2025-26, representing 19% growth compared to Rs. 512 crores in the same quarter last year. EBITDA increased 33% to Rs. 25 crores from Rs. 19 crores, with EBITDA margin improving to 4% from 3.6%. However, profit before tax declined 40% to Rs. 4.45 crores from Rs. 7.46 crores, and net profit dropped 40% to Rs. 3.32 crores from Rs. 5.52 crores. The company successfully executed transmission line projects in Raichur, Jeypore-Jagdalpur, and Gurgaon during the quarter. MD & CEO Rajesh Ganesh noted ongoing finance cost pressures while emphasizing the company's focus on project execution and efficiency enhancement.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
167.72 | #1 3,18,698.90 | 26.62 | 58,905.80 | -2.28 | #1 12,750 | -15.53 | 66.52 | |
396.85 | 1,27,062.70 | 26.18 | #1 66,992.20 | 5.88 | 4,775 | 6.20 | 56.06 | |
1,325.80 | 66,938.50 | 23.82 | 29,652.50 | 7.72 | 3,059 | -25.56 | 61.29 | |
184.65 | 24,015.40 | 16.15 | 17,375.50 | 11.78 | 1,428 | 19.30 | 68.80 | |
230.10 | 9,385.80 | #1 0.98 | 23,999.30 | 6.57 | 8,490 | #1 429.09 | 40.39 | |
11.11 | 6,014.50 | 50.50 | 3,640.60 | -1.73 | 222 | -114.09 | 38.35 | |
1,530.00 | 2,767.60 | 29.41 | 1,114.70 | 39.73 | 93 | 18.34 | 53.77 | |
190.35 | #8 2,217.10 | #9 169.69 | #7 2,629.10 | #1 120.10 | #8 16 | #8 -45.45 | 34.89 | |
11.81 | 1,147.10 | 168.71 | 731.60 | 7.73 | 7 | -3.23 | 43.42 |
Growth Rate
Revenue Growth
120.10 %
Net Income Growth
260.47 %
Cash Flow Change
-64.62 %
ROE
205.26 %
ROCE
196.25 %
EBITDA Margin (Avg.)
-
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2024 | 2025 |
| Total Assets | 1,343 | 2,075 |
| Fixed Assets | 69 | 98 |
| Current Assets | 1,101 | 1,557 |
| Capital Work in Progress | 0 | 0 |
| Investments | 3 | 82 |
| Other Assets | 1,271 | 1,895 |
| Total Liabilities | 1,343 | 2,075 |
| Current Liabilities | 747 | 1,374 |
| Non Current Liabilities | 29 | 35 |
| Total Equity | 566 | 666 |
| Reserve & Surplus | 543 | 643 |
| Share Capital | 23 | 23 |
Cash Flow
| Cash Flow | 2024 | 2025 |
| Net Cash Flow | 46 | 9 |
| Investing Activities | -135 | -128 |
| Operating Activities | 195 | 69 |
| Financing Activities | -15 | 68 |
Share Holding
| % Holding | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 62.85 % | 62.85 % | 62.75 % | 62.72 % | 62.61 % | 62.59 % | 62.58 % | 62.57 % |
| FIIs | 0.00 % | 0.00 % | 0.51 % | 0.29 % | 0.49 % | 0.29 % | 0.31 % | 0.32 % |
| DIIs | 11.77 % | 11.82 % | 8.07 % | 7.83 % | 8.30 % | 9.54 % | 9.60 % | 10.30 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 8.81 % | 8.85 % | 20.76 % | 21.67 % | 21.29 % | 20.53 % | 20.61 % | 19.88 % |
| Others | 16.57 % | 16.48 % | 7.90 % | 7.49 % | 7.30 % | 7.05 % | 6.90 % | 6.93 % |
| No of Share Holders | 63,363 | 62,796 | 83,268 | 90,106 | 90,725 | 89,929 | 88,561 | 85,939 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 21 Aug 2024 |  Annual General Meeting | NA | 21 Aug 2024 | 258.60 | 270.55 |
| 14 Nov 2024 |  Quarterly Result Announcement | NA | 14 Nov 2024 | 256.80 | 228.50 |
| 06 Feb 2025 | Quarterly Result Announcement | NA | 06 Feb 2025 | 232.50 | 238.00 |
| 22 May 2025 | Quarterly Result Announcement | NA | 22 May 2025 | 193.30 | 222.50 |
| 08 Aug 2025 | Quarterly Result Announcement | NA | 08 Aug 2025 | 234.49 | 236.95 |
| 14 Aug 2025 | Annual General Meeting | NA | 14 Aug 2025 | 222.50 | 213.05 |
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Oct 09, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 17, 2025
Sep 17, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSSep 15, 2025
Sep 15, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 15, 2025
Sep 15, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 15, 2025
Sep 15, 2025Announcement under Regulation 30 (LODR)-Credit RatingSep 13, 2025
Sep 13, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 26, 2025
Aug 26, 2025Disclosure under Regulation 30A of LODRAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 18, 2025
Aug 18, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 18, 2025
Aug 18, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 11, 2025
Aug 11, 2025Grant Of Stock Options Of 182000 Under Bajel ESOP Scheme 2024Aug 08, 2025
Aug 08, 2025Unaudited Financial Results For The 1St Quarter Ended June 30 2025Aug 08, 2025
Aug 08, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On August 8 2025.Aug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAug 08, 2025
Aug 08, 2025Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The First Quarter Ended June 30 2025.Jul 31, 2025
Jul 31, 2025Announcement Under Regulation 30 Of LODRJul 22, 2025
Jul 22, 2025Announcement Under Regulation 30 Of LODR Regulation 2015.Jul 22, 2025
Jul 22, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 19, 2025
Jul 19, 2025Intimation Of Letter Sent To Shareholders Under Regulation 36(1) (B) Of SEBI Listing Regulations.Jul 18, 2025
Jul 18, 2025Intimation About A Letter Being Sent To Shareholders Under Regulation 36 (1) (B) Of The SEBI Listing Regulations.Jul 18, 2025
Jul 18, 2025Business Responsibility and Sustainability Reporting (BRSR)Jul 18, 2025
Jul 18, 2025Reg. 34 (1) Annual Report.Jul 18, 2025
Jul 18, 2025Notice Of The 3Rd Annual General Meeting Of Bajel Projects Limited.Jul 18, 2025
Jul 18, 2025Announcement Under Regulation 30 - Update About Capacity Addition Of Ranjangaon Facility.Jul 08, 2025
Jul 08, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Jul 08, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJul 03, 2025
Jul 03, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 02, 2025
Jul 02, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSJun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJun 24, 2025
Jun 24, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJun 21, 2025
Jun 21, 2025Presentation On The Financial Results Of Bajel Projects Limited For The Fourth Quarter And Financial Year Ended March 31 2025Jun 06, 2025
Jun 06, 2025ESOP GrantJun 03, 2025
Jun 03, 2025Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011May 27, 2025
May 27, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 26, 2025
May 26, 2025Press Release On The Financial Results Of Bajel Projects Limited (The Company) For The Fourth Quarter And Financial Year Ended March 31 2025May 22, 2025
May 22, 2025Disclosure Under Regulation 24A And 30 Read With Schedule Ill Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended (SEBI Listing Regulations) - Appointment Of Secretarial AuditorMay 22, 2025
May 22, 2025Outcome Of Board MeetingMay 22, 2025
May 22, 2025Board Meeting Outcome for Outcome Of Board MeetingMay 22, 2025
May 22, 2025Board Meeting Intimation for Intimation Of The Board Meeting Under Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended (SEBI Listing Regulations)May 15, 2025
May 15, 2025Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended (SEBI Listing Regulations) By Bajel Projects Limited (The Company)May 09, 2025
May 09, 2025Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended (SEBI Listing Regulations) By Bajel Projects Limited (The Company).May 01, 2025
May 01, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 30, 2025
Apr 30, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 23, 2025
Apr 23, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 23, 2025
Apr 23, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderApr 11, 2025
Apr 11, 2025Mutual Fund Holdings
| Funding House | Current Holding % | 1M Change | 1M Change % | 3M Change % | Last 6M Trend |
|---|---|---|---|---|---|
 HDFC Small Cap Fund Direct- Growth | 0.00% | -5545822 | -0.31% | -0.36% | |
 Nippon India Small Cap Fund Direct- Growth | 0.19% | 2998312 | 0.09% | 0.08% | |
| Nippon India Power & Infra Fund Direct-Growth | 0.87% | 870000 | 0.23% | 0.18% | |
| HDFC Multi Cap Fund Direct - Growth | 0.00% | -285802 | -0.03% | -0.04% | |
| Nippon India Retirement Fund - Wealth Creation Scheme Direct-Growth | 0.45% | 0 | -0.01% | -0.07% |
Technical Indicators
RSI(14)
Neutral 36.24
ATR(14)
Less Volatile 6.71
STOCH(9,6)
Neutral 25.12
STOCH RSI(14)
Oversold 18.30
MACD(12,26)
Bearish -0.74
ADX(14)
Weak Trend 16.03
UO(9)
Bearish 37.56
ROC(12)
Downtrend And Accelerating -6.89
WillR(14)
Oversold -80.50
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