Bajel Projects

Why is Bajel Projects Ltd falling/rising?

As of 30-Jul, Bajel Projects Ltd's stock price is at 176.00, down 1.35 (-0.76%), and has significantly underperformed the Sensex over various periods, including a 25.74% decline over the past year. The stock is trading below its moving averages and has seen a notable decrease in investor participation, indicating a lack of momentum and confidence.

As of 30-Jul, Bajel Projects Ltd's stock price is falling, currently at 176.00, reflecting a decrease of 1.35 (-0.76%). The stock has underperformed against the benchmark Sensex over various periods, with a 1-week decline of 1.87% compared to a 2.01% rise in the Sensex, and a 1-month drop of 8.93% against a 1.90% increase in the index. Additionally, the stock has shown a significant decline of 25.74% over the past year, while the Sensex has only fallen by 4.36%.<BR><BR>Today's trading performance indicates that Bajel Projects is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume on 29 July falling by 63.38% compared to the 5-day average. Although the stock outperformed its sector by 0.37% today, the overall trend and metrics suggest a lack of momentum and investor confidence, contributing to the current decline in stock price.

Which are the latest news on Bajel Projects?

Should I buy, sell or hold Bajel Projects Ltd?

What does Bajel Projects do?

Bajel Projects Ltd is a Small Cap company specializing in Engineering, Procurement, and Construction (EPC) within the Heavy Electrical Equipment industry, incorporated in January 2022 as a subsidiary of Bajaj Electricals Limited. As of March 2026, it reported net sales of 1,008 Cr and a net profit of 14 Cr, with a market cap of INR 2,301 Cr.

Overview:<BR>Bajel Projects Ltd is a leading company in the Engineering, Procurement and Construction (EPC) business within the Heavy Electrical Equipment industry, categorized as a Small Cap company.<BR><BR>History:<BR>Bajel Projects Ltd was incorporated as a wholly owned subsidiary of Bajaj Electricals Limited on January 19, 2022. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,008 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 14 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 2,301 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 82.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.25 <BR>Return on Equity: 3.75% <BR>Price to Book: 3.15 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Bajel Projects?

As of 10th June, Bajel Projects Ltd has a market capitalization of 2,301.00 Cr, with recent Net Sales of 2,791.58 Cr and a Net Profit of 20.28 Cr. Shareholder's Funds are 666.27 Cr and Total Assets are valued at 2,051.32 Cr as of March 2025.

As of 10th June, Bajel Projects Ltd has a market capitalization of 2,301.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Bajel Projects reported Net Sales of 2,791.58 Cr and a Net Profit of 20.28 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 666.27 Cr and Total Assets valued at 2,051.32 Cr.

Who are the peers of the Bajel Projects?

Bajel Projects' peers include Transrail Light, GE Power, Skipper, and others, with varying management risks and growth rates. GE Power leads in 1-year returns at 172.93%, while Bajel Projects has a return of -13.47%.

Peers: The peers of Bajel Projects are Transrail Light, GE Power, Skipper, Indo Tech.Trans., Exicom Tele-Sys., KP Green Engg., Vikran Engg., Jyoti Structures, and Neueon Corporati.<BR><BR>Quality Snapshot: Excellent management risk is observed at Transrail Light and Skipper, while Average management risk is found at GE Power, Indo Tech.Trans., KP Green Engg., and Vikran Engg. Below Average management risk is noted for Bajel Projects, Exicom Tele-Sys., Jyoti Structures, and Neueon Corporati. In terms of Growth, Excellent growth is seen at Transrail Light, Skipper, Indo Tech.Trans., and KP Green Engg., while Average growth is found at Vikran Engg. and Jyoti Structures. Bajel Projects, Exicom Tele-Sys., and Neueon Corporati exhibit Below Average growth. For Capital Structure, Good capital structure is present at Transrail Light and KP Green Engg., while Excellent capital structure is noted for Indo Tech.Trans. Bajel Projects, GE Power, Skipper, Exicom Tele-Sys., Jyoti Structures, Vikran Engg., and Neueon Corporati have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is GE Power at 172.93%, while the lowest is Jyoti Structures at -40.96%. Bajel Projects has a 1-year return of -13.47%, which is higher than Jyoti Structures but lower than GE Power. Additionally, KP Green Engg., Jyoti Structures, and Exicom Tele-Sys. have negative six-month returns.

When is the next results date for Bajel Projects Ltd?

The next results date for Bajel Projects Ltd is 27 May 2026.

The next results date for Bajel Projects Ltd is scheduled for 27 May 2026.

Are Bajel Projects Ltd latest results good or bad?

Bajel Projects Ltd's latest results are concerning, showing a net loss of ₹0.42 crores, a significant decline in revenue, and high interest costs, despite some operational improvements. Investors should be cautious due to these red flags.

Bajel Projects Ltd's latest results indicate a challenging quarter. The company reported a consolidated net loss of ₹0.42 crores, marking a significant decline of 111.67% quarter-on-quarter (QoQ) and 128.77% year-on-year (YoY). This loss is particularly concerning given that it follows a period of profitability in previous quarters.<BR><BR>Net sales for Q3 FY26 were ₹562.34 crores, which is the lowest quarterly revenue in the past year, reflecting an 8.39% decrease QoQ and a 9.65% decrease YoY. While the operating margin improved to 4.89%, the gains were overshadowed by high interest costs of ₹16.22 crores, which consumed nearly 60% of the operating profit, and an unusual tax expense that resulted in an effective tax rate of 189.36%.<BR><BR>Overall, the financial performance suggests that while there are some operational improvements, the negative net profit and declining revenues raise significant concerns about the company's current trajectory and sustainability. Investors should approach with caution, considering these red flags.

How has been the historical performance of Bajel Projects?

Bajel Projects showed significant growth from March 2024 to March 2025, with net sales increasing from 1,169.21 Cr to 2,598.24 Cr and profit after tax rising from 4.29 Cr to 15.46 Cr. Key metrics such as operating profit and earnings per share also improved, reflecting strong financial performance.

Answer:<BR>The historical performance of Bajel Projects shows significant growth from March 2024 to March 2025.<BR><BR>Breakdown:<BR>Bajel Projects experienced a substantial increase in net sales, rising from 1,169.21 Cr in March 2024 to 2,598.24 Cr in March 2025. This growth in total operating income was accompanied by a notable rise in raw material costs, which increased from 849.79 Cr to 1,981.02 Cr. Despite higher expenditures, the operating profit (PBDIT) improved significantly from 35.71 Cr to 90.17 Cr, reflecting a stronger operational performance. The profit before tax also saw a remarkable increase from 3.68 Cr to 23.97 Cr, leading to a profit after tax of 15.46 Cr compared to 4.29 Cr the previous year. The earnings per share rose from 0.37 to 1.34, indicating enhanced shareholder value. On the balance sheet, total liabilities stood at 2,051.32 Cr, with total assets matching this figure, while the company maintained a book value per share of 57.63. Cash flow from operating activities decreased slightly, but the net cash inflow remained positive at 9.00 Cr, up from 45.00 Cr in the previous year, highlighting a stable cash position. Overall, Bajel Projects demonstrated strong financial performance and growth in key metrics over the year.

Is Bajel Projects technically bullish or bearish?

As of October 17, 2025, Bajel Projects is in a bearish trend, supported by bearish signals from the MACD, Bollinger Bands, moving averages, and KST indicators.

As of 17 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance for Bajel Projects is bearish with a strong indication of weakness. The weekly MACD is bearish, and both the weekly and monthly Bollinger Bands confirm a bearish outlook. Daily moving averages also reflect a bearish trend. The KST is bearish on a weekly basis, and the Dow Theory indicates a mildly bearish stance on both weekly and monthly time frames. Overall, the combination of these indicators suggests a significant bearish sentiment in the market for Bajel Projects.

Is Bajel Projects overvalued or undervalued?

As of August 11, 2025, Bajel Projects is considered overvalued with a PE Ratio of 195.19 and an EV to EBITDA of 35.52, significantly higher than peers like Rail Vikas and AIA Engineering, and has underperformed the Sensex with a year-to-date return of -18.24%.

As of 11 August 2025, Bajel Projects has moved from a valuation grade of very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE Ratio of 195.19, an EV to EBITDA of 35.52, and a PEG Ratio of 6.78, all of which indicate a high valuation relative to earnings and growth potential.<BR><BR>In comparison to peers, Bajel Projects' PE Ratio significantly exceeds that of Rail Vikas at 55.71 and AIA Engineering at 27.72, both of which are categorized as expensive. Furthermore, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -18.24% compared to the Sensex's positive return of 3.15%. This underperformance reinforces the notion that Bajel Projects is overvalued in its current market position.

Who are the top shareholders of the Bajel Projects?

The top shareholders of Bajel Projects include Jamnalal Sons Private Limited with 19.5%, mutual funds holding 9.59% (led by HDFC Small Cap Fund at 5.04%), individual investors with 20.61%, and 18 foreign institutional investors with a combined 0.31%.

The top shareholders of Bajel Projects include a mix of promoters and institutional investors. The majority shareholders are the promoters, with Jamnalal Sons Private Limited holding the highest stake at 19.5%. Additionally, mutual funds hold 9.59% of the shares through two schemes, with HDFC Small Cap Fund being the highest public shareholder at 5.04%. Individual investors collectively hold 20.61% of the company's shares. There are also 18 foreign institutional investors (FIIs) with a combined holding of 0.31%.

Has Bajel Projects declared dividend?

No Dividend History Available