Bajel Projects Limited , a company specializing in power transmission, distribution, monopoles, and international EPC services, has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2025, to the BSE and NSE. The report highlights the company's performance across various environmental, social, and governance (ESG) parameters.

Financial and Operational Highlights

Key ESG Achievements

Governance

• Zero complaints on corruption or bribery
• 100% board coverage under training programs

Environmental Initiatives

• Implementation of Zero Liquid Discharge at manufacturing facility

Social Responsibility

• Zero work-related injuries for employees
• 30% procurement from MSMEs
• 1,900 people from marginalized groups benefited through CSR projects

Regulatory Compliance

Despite the overall positive report, Bajel Projects faced some regulatory challenges:

This comprehensive report demonstrates Bajel Projects Limited's commitment to transparency and sustainable business practices. While the company has made significant strides in areas such as employee safety, environmental management, and social responsibility, the regulatory penalties highlight areas for potential improvement in environmental compliance.

The BRSR provides stakeholders with a holistic view of the company's operations, showcasing both achievements and areas needing attention. As businesses increasingly focus on ESG factors, such reports become crucial for investors and regulators to assess a company's long-term sustainability and risk management practices.

Bajel Projects Limited, a leading power transmission and distribution infrastructure company, has reported a robust performance for the first quarter. The company's financial results demonstrate significant growth and operational achievements, positioning it well in the competitive power infrastructure sector.

Financial Highlights

Bajel Projects Limited achieved impressive financial results for Q1:

• Revenue from operations surged to ₹608.00 crore, marking a 19% year-over-year growth.
• EBITDA increased by 33% to ₹25.00 crore, with margins improving to 4.0% from 3.6% in the previous year.
• The company maintains a robust total order book of ₹3,612.00 crore as of June 30.

Operational Achievements

During the quarter, Bajel Projects demonstrated strong operational performance:

• Commissioned 3 projects, including KPTCL Raichur, Jaypore Jagdalpur, and HVPNL Gurgaon.
• Constructed 2,288 circuit kilometers of high-tension lines and 9,027 circuit kilometers of low-tension lines.
• Successfully installed 4,495 distribution transformers.
• Achieved record quarterly production of 36,978 poles at its manufacturing facility.

Order Book and New Projects

The company's order book stands at ₹3,612.00 crore, with 92% from power transmission and 8% from power distribution segments. Notable new orders include:

• A 765 kV double circuit transmission line project from Kurnool IV to Kurnool III from PGCIL.
• A 400 kV GIS & 765 kV AIS bays project from a private client.
• A 400 kV Transmission line project at Mahan Rewa and extension of 400 kV substation works at Rewa from PGCIL.
• Two orders for power evacuation from a 550MW solar-wind hybrid power plant in Beed, Maharashtra.

International Expansion

Bajel Projects is making strides in international markets:

• Successfully completed a 132kV Monopole Transmission Line project in Zambia, funded by the European International Bank.
• Secured a supply order from the Democratic Republic of Congo.
• Actively pursuing EPC bids and product orders, especially in African subcontinents.

Manufacturing Capabilities

The company's state-of-the-art manufacturing facility in Ranjangaon continues to be a key asset:

• Produced 11,508 MT in Q1.
• Achieved the highest number of poles produced in a quarter at 36,978.
• Executed export orders to countries including Ghana, Togo, and UAE.

Strategic Outlook

Bajel Projects has launched its RAASTA 2030 strategy, focusing on:

• High-voltage segments
• International expansion
• Margin improvement
• Digitization initiatives

The company aims to capitalize on the growing demand in the power infrastructure sector, both domestically and internationally.

Rajesh Ganesh, Managing Director & Chief Executive Officer of Bajel Projects Limited, commented on the results, "Our strong performance in Q1 reflects our commitment to operational excellence and strategic growth. With our robust order book and focus on high-value projects, we are well-positioned to capitalize on the opportunities in the power infrastructure sector."

As Bajel Projects Limited continues to execute its growth strategy, the company remains focused on delivering value to its stakeholders and contributing to the development of power infrastructure across India and beyond.