Bajel Projects

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 2025, it reported net sales of 801 Cr and a net profit of 5 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.<BR><BR>History: <BR>Bajel Projects Ltd. was incorporated as a Public Limited Company on January 19, 2022, as a wholly owned subsidiary of Bajaj Electricals Limited. It was formerly a division of Bajaj Electricals Limited. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 801 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 5 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 2,492 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 162.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.02 <BR>Return on Equity: 2.65% <BR>Price to Book: 4.29 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Has Bajel Projects declared dividend?

No Dividend History Available

Who are the peers of the Bajel Projects?

Bajel Projects' peers include Azad Engineering, Volt.Transform., TD Power Systems, Quality Power El, Skipper, KP Green Engg., Exicom Tele-Sys., Jyoti Structures, and GE Power. In terms of management risk, growth, and capital structure, Bajel Projects ranks below average compared to its peers, with a 1-year return of -11.35%.

Peers: The peers of Bajel Projects are Azad Engineering, Volt.Transform., TD Power Systems, Quality Power El, Skipper, KP Green Engg., Exicom Tele-Sys., Jyoti Structures, GE Power.<BR><BR>Quality Snapshot: Excellent management risk is observed at Volt.Transform., TD Power Systems, and Quality Power El, while Average management risk is found at Azad Engineering, KP Green Engg., and GE Power. Below Average management risk is present at Bajel Projects, Exicom Tele-Sys., and Jyoti Structures, with the rest having similar ratings. In terms of Growth, Excellent growth is noted at Volt.Transform., Quality Power El, Skipper, and KP Green Engg., while Good growth is seen at Azad Engineering, TD Power Systems, and the rest. Average growth is observed at Exicom Tele-Sys. and Jyoti Structures. For Capital Structure, Excellent is noted at Volt.Transform., TD Power Systems, and Quality Power El, while Good is seen at Bajel Projects and KP Green Engg., with Below Average at Skipper, Exicom Tele-Sys., Jyoti Structures, and GE Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is TD Power Systems at 27.04%, while Exicom Tele-Sys. has the lowest at -61.55%. Bajel Projects' 1-year return of -11.35% is better than Exicom Tele-Sys. but worse than TD Power Systems. Additionally, Exicom Tele-Sys. and GE Power have negative six-month returns.

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%.

How big is Bajel Projects?

As of 24th July, Bajel Projects Ltd has a market capitalization of 2,828.00 Cr, with Net Sales of 1,912.97 Cr and a Net Profit of 13.35 Cr for the latest four quarters. The company reported Shareholder's Funds of 666.27 Cr and Total Assets of 2,051.32 Cr in the latest annual period.

As of 24th July, Bajel Projects Ltd has a market capitalization of 2,828.00 Cr, categorizing it as a Small Cap company.<BR><BR>For the latest four quarters, Bajel Projects reported Net Sales of 1,912.97 Cr and a Net Profit of 13.35 Cr.<BR><BR>In the latest annual period, the company reported Shareholder's Funds of 666.27 Cr and Total Assets of 2,051.32 Cr.

When is the next results date for Bajel Projects?

The next results date for Bajel Projects is 08 August 2025.

The next results date for Bajel Projects is scheduled for 08 August 2025.

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.

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.

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.

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.

Should I buy, sell or hold Bajel Projects Ltd?

Why is Bajel Projects Ltd falling/rising?

As of 17-Mar, Bajel Projects Ltd's stock price has risen to 175.35, up 4.44%, driven by strong recent performance and significant investor interest. The stock has outperformed the Sensex, gaining 20.14% over the past week, and shows healthy long-term growth despite some management efficiency concerns.

As of 17-Mar, Bajel Projects Ltd is experiencing a rise in its stock price, currently at 175.35, reflecting a change of 7.45 (4.44%) upward. This increase can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 20.14% while the Sensex has declined by 2.73%. Additionally, the stock has shown a strong performance over the last two days, with a cumulative return of 25.29%. <BR><BR>Today, the stock opened with a gain of 3.63% and reached an intraday high of Rs 182.35, which is an increase of 8.61%. The rising investor participation is also notable, with a delivery volume of 19.76 lacs on 16 March, marking a significant increase of 1199.22% compared to the five-day average. This suggests a growing interest among investors, contributing to the upward momentum in the stock price.<BR><BR>Furthermore, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 71.61% and operating profit growing at 211.68%. Despite some concerns regarding management efficiency, as indicated by a low return on equity (ROE) of 3.82%, the overall positive performance metrics and strong investor engagement appear to be driving the stock's rise.

Why is Bajel Projects Ltd falling/rising?

As of 18-Mar, Bajel Projects Ltd's stock price is declining, currently at 167.95, down 4.22% after a trend reversal. Poor financial results, including a significant drop in profit and low operational efficiency, are contributing to this underperformance relative to its sector.

As of 18-Mar, Bajel Projects Ltd's stock price is falling, currently at 167.95, which reflects a decrease of 7.4 or 4.22%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed its sector by 5.78% today, indicating weaker performance relative to its peers. Additionally, the stock touched an intraday low of Rs 164.7, representing a drop of 6.07%.<BR><BR>The company's recent financial results have also contributed to the negative sentiment. The profit after tax (PAT) for the most recent quarter was reported at Rs -0.42 crore, marking a significant decline of 113.1% compared to the previous four-quarter average. Furthermore, net sales were at their lowest, recorded at Rs 562.34 crore, which raises concerns about the company's operational efficiency.<BR><BR>Despite some positive indicators, such as a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the overall management efficiency is poor, as evidenced by a low return on equity (ROE) of 3.82%. This low profitability per unit of shareholders' funds, combined with an expensive valuation reflected in a price-to-book value of 3.6, suggests that the stock may be overvalued compared to its peers.<BR><BR>In summary, the combination of disappointing financial results, a trend reversal after previous gains, and underperformance against the sector are key factors contributing to the decline in Bajel Projects Ltd's stock price.

Why is Bajel Projects Ltd falling/rising?

As of 19-Mar, Bajel Projects Ltd's stock price is declining at 161.15, down 4.05%, with significant selling pressure and reduced investor interest. The company has shown negative returns over various periods and reported poor financial metrics, contributing to its ongoing underperformance.

As of 19-Mar, Bajel Projects Ltd is experiencing a decline in its stock price, currently at 161.15, which reflects a change of -6.8 or -4.05%. The stock has been underperforming, having lost -8.1% over the last two days and opened with a loss of -3.01% today. Additionally, it touched an intraday low of Rs 159.45, indicating significant selling pressure.<BR><BR>The stock's performance today has also been weaker than its sector, underperforming by -1.61%. This decline is compounded by a decrease in investor participation, with delivery volume falling by -52.34% compared to the five-day average, suggesting reduced interest from investors. <BR><BR>From a broader perspective, Bajel Projects Ltd has shown negative returns over various periods, including a year-to-date decline of -7.09% and a one-year return of -4.16%. The company has also reported poor financial metrics, such as a low return on equity (ROE) of 3.82%, indicating low profitability relative to shareholders' funds. Furthermore, the recent quarterly results showed a significant drop in profit after tax and net sales, which fell by -113.1% and -15.0%, respectively, compared to previous averages.<BR><BR>Overall, the combination of poor management efficiency, declining sales, and consistent underperformance against benchmarks has contributed to the stock's current downward trend.

Why is Bajel Projects Ltd falling/rising?

As of 20-Mar, Bajel Projects Ltd's stock price is declining at 160.75, down -0.28% over three days, with a total drop of -8.33%. The company faces challenges with low ROE and a significant decrease in delivery volume, indicating waning investor confidence despite some long-term growth.

As of 20-Mar, Bajel Projects Ltd is experiencing a decline in its stock price, currently at 160.75, reflecting a change of -0.45 (-0.28%). The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of -8.33% during this period. This recent performance is compounded by the fact that the stock has underperformed against the benchmark Sensex, which has shown a slight decline of -0.04% over the past week, while Bajel Projects Ltd has gained +14.86% in the same timeframe.<BR><BR>Despite outperforming its sector by 0.81% today, the overall trend indicates a lack of investor confidence, as evidenced by a significant drop in delivery volume, which has decreased by -78.53% compared to the five-day average. This suggests that fewer investors are willing to buy the stock, contributing to its falling price.<BR><BR>Financially, the company faces challenges, including a low Return on Equity (ROE) of 3.82%, indicating poor management efficiency and profitability. Additionally, the company reported flat results for the quarter ending December 25, with a net profit after tax (PAT) of Rs -0.42 crore, a drastic fall of -113.1% compared to the previous four-quarter average. Furthermore, net sales have decreased by -15.0% in the same period, highlighting ongoing operational difficulties.<BR><BR>While the company has shown healthy long-term growth in net sales and operating profit, the recent financial performance and declining investor participation are significant factors contributing to the stock's current downward trajectory.

Why is Bajel Projects Ltd falling/rising?

As of 23-Mar, Bajel Projects Ltd's stock price is declining, currently at 155.95, down 4.27%. This drop is due to poor financial performance, decreased investor interest, and underperformance compared to market benchmarks.

As of 23-Mar, Bajel Projects Ltd's stock price is falling, currently at 155.95, which reflects a change of -6.95 (-4.27%). This decline can be attributed to several factors highlighted in the source data. Over the past week, the stock has decreased by 7.12%, which is significantly worse than the benchmark Sensex's decline of 3.72%. Additionally, the stock has shown a year-to-date decrease of 10.09%, while the Sensex has fallen by 14.70%, indicating that Bajel Projects is not only underperforming relative to the market but also experiencing a consistent downward trend.<BR><BR>Today's performance aligns with a broader sector decline, as the engineering sector has also fallen by 4.29%. The stock reached an intraday low of Rs 150.8, marking a drop of 7.43%. Furthermore, the trading volume has decreased significantly, with delivery volume on March 20 falling by 88.32% compared to the five-day average, suggesting a lack of investor interest.<BR><BR>The company's financial performance has also raised concerns. It reported a negative profit after tax (PAT) of Rs -0.42 crore, which represents a drastic fall of 113.1% compared to the previous four-quarter average. Additionally, net sales have decreased by 15.0% in the same period. The low return on equity (ROE) of 3.82% indicates poor management efficiency and profitability, further contributing to the stock's decline.<BR><BR>Overall, the combination of poor financial results, declining investor participation, and underperformance against benchmarks has led to the falling stock price of Bajel Projects Ltd.

Why is Bajel Projects Ltd falling/rising?

As of 24-Mar, Bajel Projects Ltd's stock price is declining, currently at 155.30, with a significant drop of 11.43% over the past week. The company faces challenges such as low profitability, declining sales, and poor investor sentiment, contributing to its underperformance against market benchmarks.

As of 24-Mar, Bajel Projects Ltd's stock price is falling, currently at 155.30, reflecting a decrease of 0.45 (-0.29%). The stock has underperformed significantly, with a decline of 11.43% over the past week and 3.33% over the past month, compared to the Sensex which has decreased by 2.63% and 9.92%, respectively. Year-to-date, the stock has fallen by 10.46%, while the Sensex has dropped by 13.09%. <BR><BR>Today's performance indicates that Bajel Projects has underperformed its sector by 2.1%, and it has experienced a consecutive fall over the last two days, resulting in a total decline of 4.67% during this period. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume on 23 March falling by 69.32% compared to the 5-day average.<BR><BR>Financially, the company is facing challenges, including a low return on equity (ROE) of 3.82%, indicating poor management efficiency and low profitability per unit of shareholders' funds. Recent quarterly results have shown a significant decline in profit after tax (PAT) and net sales, further contributing to negative sentiment around the stock. The company's valuation appears expensive relative to its performance, with a price-to-book value of 3.4, and it has consistently underperformed against benchmarks over the last three years. Overall, these factors collectively contribute to the falling stock price of Bajel Projects Ltd.

Why is Bajel Projects Ltd falling/rising?

As of 25-Mar, Bajel Projects Ltd's stock price is Rs 153.10, down 2.33%, due to underperformance against benchmarks, declining investor interest, and poor financial metrics, including a low return on equity and significant drops in net sales and profit.

As of 25-Mar, Bajel Projects Ltd is experiencing a decline in its stock price, currently at Rs 153.10, down by Rs 3.65 or 2.33%. This drop can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed significantly against the benchmark, with a one-week decline of 8.84% compared to the Sensex's 1.87% drop. Over the past month, Bajel Projects has decreased by 5.20%, while the Sensex fell by 8.51%. Year-to-date, the stock is down 11.73%, closely mirroring the Sensex's decline of 11.67%. <BR><BR>Today's performance indicates that the stock has underperformed its sector by 4.87%, with a day's low of Rs 152, reflecting a 3.03% decrease. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The weighted average price suggests that more volume was traded closer to the low price, further indicating selling pressure.<BR><BR>Investor participation has also declined, with delivery volume dropping by 77.79% compared to the five-day average, suggesting reduced interest from investors. Despite the company having a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the poor management efficiency, as evidenced by a low return on equity (ROE) of 3.82%, and flat quarterly results have raised concerns. The company's net sales have reached their lowest at Rs 562.34 crore, and the profit after tax has fallen significantly.<BR><BR>Overall, the combination of underperformance against benchmarks, declining investor interest, and poor financial metrics has contributed to the falling stock price of Bajel Projects Ltd.

Which are the latest news on Bajel Projects?