Bajel Projects Limited

NSE: BAJEL · Unclassified

₹163.49-2.83%06 Nov 2026

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Instant answers about Bajel Projects Limited — computed from its filings, no language model

Market cap₹1,892 cr

Current price₹163.49

High / Low₹208 / ₹137

P/E594.8

P/B2.53

Book value₹64.6

ROE0.4%

ROCE8.7%

Debt / equity0.47

Dividend yield—

EPS (TTM)₹0.27

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY26
Revenue	2,792
EBITDA	98
Operating margin	3.5%
Interest	63
Depreciation	20
Profit before tax	34
Tax	7
Net profit	0
EPS ₹	1.75
Operating cash flow	21
Capex	34
Dividend paid	0
Total assets	2,538
Equity	748

Quarterly performance

last 5 quarters · ₹ crore

	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	608	614	562	1,008	567
Operating profit	17	23	27	31	19
Operating margin	2.7%	3.7%	4.8%	3.1%	3.3%
Other income	8	7	5	7	5
Interest	16	17	16	14	12
Depreciation	5	5	5	5	5
Profit before tax	4	8	3	19	7
Tax	1	2	1	3	2
Net profit	3	4	-0	0	0
EPS ₹	0.26	0.31	-0.04	1.22	0.41
Revenue YoY	—	—	—	—	-6.7%
Profit YoY	—	—	—	—	-100.0%

Earlier results (standalone, Sep '23 – Mar '25)

₹ crore · from BSE, before the NSE XBRL filings begin

Bajel Projects Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY25†
Revenue	2,598
Operating profit	59
Operating margin	2.3%
Other income	31
Interest	54
Depreciation	13
Profit before tax	24
Tax	9
Net profit	15

Quarters

	SEP '23†	DEC '23†	MAR '24†	JUN '24†	SEP '24†	DEC '24†	MAR '25†
Revenue	200	275	489	512	662	622	801
Operating profit	-4	9	8	7	17	15	21
Operating margin	-2.0%	3.3%	1.6%	1.4%	2.5%	2.4%	2.6%
Other income	2	1	18	12	5	7	7
Interest	2	4	10	9	12	15	17
Depreciation	1	1	2	2	3	3	4
Profit before tax	-5	5	6	7	7	3	6
Tax	-1	1	-1	2	3	2	2
Net profit	-4	3	7	6	4	1	5
EPS ₹	-0.39	0.29	0.61	0.48	0.32	0.13	0.00
Revenue YoY	—	—	—	—	231.3%	126.3%	63.8%
Profit YoY	—	—	—	—	—	-56.5%	-31.8%

Returns & margins

trailing-twelve-month, per quarter

	MAR '26	JUN '26
ROE	0.8%	0.4%
ROCE	8.9%	8.7%
Net margin	0.2%	0.1%
EBITDA margin	3.5%	3.6%
Debt / equity	0.47	0.47
Interest coverage	1.53	1.61
Asset turnover	1.10	1.08

Balance sheet

equity vs borrowings over time · ₹ crore

	SEP '25	MAR '26
Share capital	23	23
Other equity / reserves	683	724
Total equity	706	748
Borrowings	93	350
Current liabilities	1,252	1,761
Non-current liabilities	36	29
Total assets	1,994	2,538
Property, plant & equipment	85	90
Capital work-in-progress	7	7
Investments	0	66
Inventories	150	139
Receivables	1,215	1,849
Cash & equivalents	25	24

Cash flow

annual · ₹ crore · line = free cash flow

	FY26
Cash from operations	21
Cash from investing	19
Cash from financing	-72
Capex	34
Free cash flow	-13
Dividends paid	0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹90 cr4%

CWIP

₹7 cr0%

Investments

₹66 cr3%

Inventories

₹139 cr5%

Receivables

₹1,849 cr73%

Cash & equivalents

₹24 cr1%

Other assets

₹364 cr14%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Bajel Projects Limited	1,892	163.49	594.8	2.53	0.4%

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+0.7%

6 months-11.1%

1 year-14.4%

3Y CAGR—

5Y CAGR—

10Y CAGR—

50-day avg₹169.98

200-day avg₹174.05

RSI (14)46

FAQs

What is the share price of Bajel Projects Limited?

Bajel Projects Limited (BAJEL) closed at ₹163.49 on NSE on 06 Nov 2026.

What is the market cap of Bajel Projects Limited?

₹1,892 crore at the latest close.

What is the P/E ratio of Bajel Projects Limited?

594.8, on trailing-twelve-month earnings from its filings.

How fast is Bajel Projects Limited growing?

Bajel Projects Limited: Latest-quarter revenue is down 6.7% year on year, profit down 100.0%.

How profitable is Bajel Projects Limited?

On a trailing-twelve-month basis return on equity is 0.4%, return on capital employed 8.7%, operating margin 3.6%, net margin 0.1%.

How much debt does Bajel Projects Limited have?

Bajel Projects Limited is lightly geared: debt to equity is 0.47 with borrowings of ₹350 cr against cash of ₹24 cr (balance sheet of 2026-03-31). Operating profit covers interest 1.6 times.

Financials parsed from Bajel Projects Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '25, annual from FY26, balance sheet from Sep '25. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.