Bajel Projects

  • Market Cap: Small Cap
  • Industry: Heavy Electrical Equipment
  • ISIN: INE0KQN01018
  • NSEID: BAJEL
  • BSEID: 544042
INR
172.11
-1.95 (-1.12%)
BSENSE

Sep 24, 03:30 PM

BSE+NSE Vol: 1.2 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Skipper
GE Power
Indo Tech.Trans.
Transrail Light
Bajel Projects
Vikran Engg.
Swelect Energy
Exicom Tele-Sys.
Jyoti Structures
KP Green Engg.
Anawil Wire

Why is Bajel Projects Ltd ?

1
Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.11
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.11
  • The company has been able to generate a Return on Equity (avg) of 3.75% signifying low profitability per unit of shareholders funds
2
Flat results in Jun 26
  • OPERATING CF(Y) Lowest at Rs 21.09 Cr
  • NET SALES(Q) At Rs 566.88 cr has Fallen at -18.8% (vs previous 4Q average)
  • DEBTORS TURNOVER RATIO(HY) Lowest at 1.69 times
3
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -18.73% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Heavy Electrical Equipment)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Bajel Projects for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Bajel Projects
-18.86%
-0.44
42.89%
Sensex
-9.96%
-0.74
13.51%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
62.19%
EBIT Growth (5y)
71.66%
EBIT to Interest (avg)
1.11
Debt to EBITDA (avg)
2.47
Net Debt to Equity (avg)
0.25
Sales to Capital Employed (avg)
2.32
Tax Ratio
26.82%
Dividend Payout Ratio
103.02%
Pledged Shares
2.55%
Institutional Holding
9.74%
ROCE (avg)
3.88%
ROE (avg)
3.75%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
67
Industry P/E
35
Price to Book Value
2.66
EV to EBIT
27.60
EV to EBITDA
21.78
EV to Capital Employed
2.33
EV to Sales
0.79
PEG Ratio
0.44
Dividend Yield
0.35%
ROCE (Latest)
8.27%
ROE (Latest)
3.75%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bearish
Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

11What is working for the Company
PAT(Latest six months)

Higher at Rs 18.87 cr

-8What is not working for the Company
OPERATING CF(Y)

Lowest at Rs 21.09 Cr

NET SALES(Q)

At Rs 566.88 cr has Fallen at -18.8% (vs previous 4Q average

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.69 times

PAT(Q)

At Rs 4.73 cr has Fallen at -6.7% (vs previous 4Q average

NON-OPERATING INCOME(Q)

is 71.71 % of Profit Before Tax (PBT

Loading Valuation Snapshot...

Here's what is not working for Bajel Projects

Operating Cash Flow - Annually
Lowest at Rs 21.09 Cr and Fallen
each year in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (Rs Cr)

Net Sales - Quarterly
At Rs 566.88 cr has Fallen at -18.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 697.90 Cr
MOJO Watch
Near term sales trend is very negative

Net Sales (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 4.73 cr has Fallen at -6.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 5.07 Cr
MOJO Watch
Near term PAT trend is negative

PAT (Rs Cr)

Non Operating Income - Quarterly
is 71.71 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Debtors Turnover Ratio- Half Yearly
Lowest at 1.69 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio

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