BAJELBajel Projects Limited

Rs 156.05▲ +1.67%
Market closedEquity EOD 26 Oct
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52-week rangeThe lowest and highest prices the stock traded at over the last year, from each day's intraday low and high. The marker is today's close: 0% means it sits at the year's low, 100% at the high. It describes where the price is, not where it is going.26.1% up the range
Rs 135Rs 216
BAJEL price
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EOD 26 Oct
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At a glance
Each figure is shown against the company's sector (the track: the dot is this company, the tick is the sector middle) and, where we hold the yearly filings, against its own recent years (the small trend line).
Market capWhat the whole company is worth on the stock market today: share price times the number of shares. It measures size, not quality.
Rs 1,805 cr
Larger than 18% of 33 peers
sector middle Rs 9,914 cr
P/EPrice to earnings: how many rupees investors pay for each rupee of profit the company made over the last twelve months. Compare it with similar companies rather than reading it alone.
82.1x
Higher than 86% of 28 peers
sector middle 33.5x
Price to bookPrice to book: the share price divided by the shareholders' money per share in the latest balance sheet. Around 1 means the market values the company close to its book value.
2.4x
Lower than 88% of 33 peers
sector middle 6.5x
ROEReturn on equity: the year's profit as a percentage of the shareholders' money in the business. It shows how much the company earns on what its owners have put in.
3.0%
Lower than 97% of 29 peers
sector middle 18.6%
ROCEReturn on capital employed: operating profit as a percentage of all the long-term money in the business, owners' and lenders'. It shows how well the company uses its capital, whatever the mix of debt.
12.5%
Lower than 70% of 27 peers
sector middle 22.3%
FY24 3.7%FY26 12.5%
Debt to equityBorrowings divided by shareholders' money. 0 means no borrowings; 1 means it owes as much as its owners have put in. Not shown for banks and lenders, whose borrowing is their business.
0.47
Higher than 85% of 33 peers
sector middle 0.05
FY24 0.00FY26 0.47
Dividend yieldDividends paid over the last year as a percentage of the company's market value: roughly what Rs 100 of shares paid out in cash.
0.0%
Lower than 64% of 33 peers
sector middle 0.1%
Sales growthHow much the latest quarter's sales grew against the same quarter a year earlier.
-6.7%
Lower than 90% of 30 peers
sector middle +23.0%

Peers are the listed companies in the exchange's own industry group: Heavy Electrical Equipment. Balance-sheet figures are from the latest filed balance sheet; trends show each financial year we hold.

What the numbers say
Short lines written by fixed rules from the company's own filings and shareholding. A line appears only when the figures cross the rule (for example sales growing three years running), and each names the numbers behind it. Nothing here is a view on whether to own the share.

Latest quarterIn the quarter to June 2026 (results filed 7 Aug 2026), sales fell 6.7% from a year earlier to Rs 567 cr and profit rose 60.1% to Rs 4.7 cr.

Nothing in the filings we hold crosses one of our rules yet. Each rule needs a few complete years of results, so recently listed companies often show nothing here.

Each line is written by a fixed rule from the company's own filings and share price, and names the figures it uses. It describes what happened; it is not advice about the share.

How the share moved on results
For each quarterly result we hold: the change from the share's close on the last trading day before the filing to its close on the first trading day after it. Results can land during market hours or after the close, and this window covers both. It shows what happened, not what will happen next time.

Over the last 11 results, the share rose on 3 and fell on 8, and moved by 3% or more on 6.

Q3 FY24Q2 FY25Q2 FY26Q1 FY27

Q1 FY27: results filed 7 Aug 2026. The share went from its close on 6 Aug 2026 to its close on 10 Aug 2026 -1.24%.

Fundamentals
Trailing-twelve-month valuation, margins and growth from the company's own filings.
as of 2026-06-30
P/E (TTM)
82.1
PEG
1.37
EPS (TTM)
Rs 1.9
Net margin
0.8%
Rev growth YoY
-6.71%
Profit growth YoY
+60.13%
TTM revenue
Rs 2,751 Cr
TTM net profit
Rs 22 Cr
Health check, year by year
Returns and debt for each financial year from the March balance sheet, each row coloured against this company's own usual level.
MeasureFY24FY26
ROCEOperating profit as a percentage of all long-term capital, owners' and lenders'.3.7%12.5%
Debt to equityBorrowings divided by shareholders' money. Lower is safer.0.00x0.47x

Each row is coloured against this company's own usual level, not against other companies: green is better than its middle year, red worse, plain is close to it. ROE, ROCE and debt rows start once the filings carry a full balance sheet (FY22 at the earliest).

What it owns, and how that is paid for
Straight from the March balance sheet in the company's annual filing. Both bars are the whole balance sheet: what the company owns, and where the money for it came from.
as at 2026-03-31

At FY26 it owned Rs 2,538 Cr of assets. Its owners funded 29% of that and borrowings 14%.

What it owns
64%
19%
Plant, property and projects97 Cr
Goodwill and intangibles0 Cr
Inventory139 Cr
Owed by customers1,634 Cr
Cash and bank183 Cr
Everything else486 Cr
How that is paid for
29%
14%
35%
22%
Shareholders748 Cr
Borrowings350 Cr
Owed to suppliers882 Cr
Other liabilities559 Cr
Cash and equivalents
Rs 24 Cr
Net debt
Rs 326 Cr
Current ratio
1.20x
short-term assets per rupee due soon
Book value / share
Rs 65
Return on assets
0.9%
EV / EBITDA
18.2x

From the March balance sheet in the company's annual filing (2026-03-31). Each bar is the full balance sheet; "everything else" is what the filed total leaves after the named lines.

Where the cash went
Profit is an accounting figure; cash flow is what actually moved. Cash from running the business, plus or minus what was spent on or received from investments, plus or minus what came from or went to lenders and shareholders, equals the change in cash.

In FY26 the business itself brought in Rs 21 Cr, spent Rs 34 Cr on plant and equipment, and cash fell by Rs 32 Cr over the year.

From running the business
+21 Cr
Spent on or received from investing
+19 Cr
From or to lenders and shareholders
-72 Cr
Net change in cash
-32 Cr
Cash from operations for every Rs 100 of profit
Rs 4554
FY24
Rs 104
FY26

Rs 100 or more means every rupee of reported profit arrived as cash.

Full financial year to 2026-03-31, from the company's cash flow statement.

Against its sector
Where this stock sits within its own sector on each measure. The marker is its position in the peer group and the notch is the sector median. A position is a fact about the cohort, not a view on the stock.
Heavy Electrical Equipment · 40
P/E82.13vs 33.45 median
Cheapest: WAAREEINDO 4.82Priciest: SCHNEIDER 147.88
Net margin0.8%vs 11.16% median
Lowest: EXICOM -20.71%Highest: WAAREEINDO 30.07%
Revenue growth-6.71%vs 23.04% median
Lowest: NEUEON -98.63%Highest: TDPOWERSYS 72.1%

Median rather than average, so one loss-making or one very expensive peer cannot drag the reference. Valuation is shown without a colour verdict: a higher multiple can mean expensive, or faster growth expected, and only you can decide which.

Peers side by side
Every company in the same NSE industry group that we hold figures for, largest first. Tap any heading to sort by it. The same figures as the At a glance tiles, worked out the same way for every company.
Heavy Electrical Equipment · 34 shown
Company
BHEL
Bharat Heavy Electricals Limited
1.37 L cr47.7x5.1x10.8%-0.227.6%+23.8%0.13%
ABB
ABB India Limited
1.35 L cr45.1x14.4x32.0%-0.0021.9%+12.1%0.68%
CGPOWER
CG Power and Industrial Solutions Limited
1.31 L cr95.5x15.0x15.2%-0.0010.0%+30.1%0.16%
POWERINDIA
Hitachi Energy India Limited
1.20 L cr104.0x23.1x22.2%24.9%0.0012.6%+68.6%0.02%
SIEMENS
Siemens Limited
1.17 L cr35.6x8.4x23.7%20.8%0.0017.9%+8.4%0.37%
ENRIN
Siemens Energy India Limited
98,074 cr65.9x20.4x30.9%-0.0015.8%+39.3%0.00%
GVT&D
GE Vernova T&D India Limited
97,043 cr74.3x36.1x48.5%58.5%0.0019.4%+38.0%0.13%
SUZLON
Suzlon Energy Limited
51,051 cr16.3x5.4x33.2%27.0%0.0318.0%+22.3%0.00%
THERMAX
Thermax Limited
35,902 cr60.5x6.5x10.6%15.4%0.415.5%+7.1%0.44%
SCHNEIDER
Schneider Electric Infrastructure Limited
27,190 cr147.9x35.1x23.7%24.9%0.576.3%+4.8%0.00%
AZAD
Azad Engineering Limited
16,454 cr118.6x10.8x9.1%11.5%0.3021.8%+25.9%0.00%
TRITURBINE
Triveni Turbine Limited
14,202 cr42.3x9.8x23.2%32.0%0.0014.9%+19.2%0.95%
ATLANTAELE
Atlanta Electricals Limited
12,489 cr27.4x13.4x26.8%34.6%0.0510.7%+48.0%0.00%
TDPOWERSYS
TD Power Systems Limited
10,754 cr39.1x10.0x25.7%30.3%0.0212.9%+72.1%0.24%
QPOWER
Quality Power Electrical Equipments Limited
10,509 cr78.8x19.4x25.2%27.3%0.0519.5%+31.7%0.02%
INOXWIND
Inox Wind Limited
10,093 cr24.2x1.6x5.4%10.4%0.209.5%-1.5%0.00%
VOLTAMP
Voltamp Transformers Limited
9,914 cr31.3x5.5x17.7%22.3%0.0013.9%+28.4%1.02%
ELECON
Elecon Engineering Company Limited
9,516 cr38.9x3.8x9.8%-0.0010.0%+10.5%0.47%
TARIL
Transformers And Rectifiers (India) Limited
8,997 cr29.4x5.4x18.6%-0.3411.1%+60.7%0.08%
POWERICA
Powerica Limited
6,371 cr-3.2x-11.2%0.28--0.52%
TRANSRAILL
Transrail Lighting Limited
5,755 cr14.3x2.5x17.8%31.9%0.295.8%+4.6%0.19%
SKIPPER
Skipper Limited
5,339 cr23.8x3.6x15.1%22.3%0.624.0%+4.5%0.02%
SHILCTECH
Shilchar Technologies Limited
4,218 cr-8.6x-42.9%0.00--0.34%
GVPIL
GE Power India Limited
3,871 cr14.3x6.7x46.6%47.6%0.0021.0%+7.6%0.00%
INDOTECH
Indo Tech Transformers Limited
2,733 cr27.5x7.3x26.6%33.0%0.0111.7%+39.0%0.00%
BBL
Bharat Bijlee Limited
2,548 cr22.8x1.3x5.5%8.1%0.154.8%+17.7%1.55%
MARSONS
Marsons Limited
2,020 cr-9.3x-20.0%0.00--0.04%
BAJEL
Bajel Projects Limited
1,805 cr82.1x2.4x3.0%12.5%0.470.8%-6.7%0.00%
EXICOM
Exicom Tele-Systems Limited
1,758 cr-2.7x-40.6%-19.6%0.68-20.7%+61.3%0.00%
JYOTISTRUC
Jyoti Structures Limited
1,075 cr17.0x2.3x13.6%2.3%4.397.6%+61.0%0.00%
SWELECTES
Swelect Energy Systems Limited
919 cr21.7x1.0x4.6%9.6%0.847.2%-26.2%0.50%
WAAREEINDO
Indosolar Limited
802 cr4.8x2.8x58.0%76.3%0.0030.1%-64.9%0.00%
NEUEON
Neueon Corporation Limited
636 cr-2.9x--148.1%0.19--98.6%0.00%
AARTECH
Aartech Solonics Limited
136 cr27.9x3.9x14.0%19.4%0.1611.2%+68.0%0.29%

Swipe the table sideways for more columns. Tap a heading to sort. A dash means the figure is not filed or cannot be worked out for that company. A bigger cohort is cut to its 40 largest companies.

The business
Sales and net profit from the company's own filings, by financial year or by quarter. Hover any bar for that period's complete figures including operating margin and the change against the comparable earlier period. The single TTM figure above is the sum of the last four quarters.
11 quarters
RevenueRs 567 Cr
Net profitRs 5 Cr
Sep 2311 quarters filedJun 26

Each bar is one quarter as filed with the exchange, newest on the right, so the seasonal shape of the business is visible rather than smoothed away. Hover any quarter for its full figures and the change against the same quarter a year earlier. Revenue and profit are drawn on separate scales because they differ by an order of magnitude; reading one against the other would be misleading.

Technical snapshot
Momentum, trend and delivery-based conviction from the actual price and volume history.
EOD 26 Oct
RSI (14) - momentum
38.7Neutral
0 oversold3070overbought 100
Delivery % - genuine buying vs churn
42.4%Near average
today 42.4%20d avg 46.8%

The share of traded quantity that was actually delivered (not squared off intraday) - high delivery vs its 20-session average suggests real buying or holding, not just churn.

vs 50-DMA
-10.46%
vs 200-DMA
-10.52%
1-month
-10.35%
3-month
-12.77%
1-year
-20.55%
Realized vol (30d)
39.1%
Insider trading disclosures
Promoter, director and other insider trades in the company's own shares, as disclosed to the exchange under SEBI's insider-trading regulations - usually within a few days of the transaction.
last 18 months

Insider trading data unavailable.

Recent announcements
The company's own filings to the exchange - results, board meetings, investor calls - with a link to the source document.
last 6 months

Announcements unavailable.

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Equity price, fundamentals and realized volatility are end-of-day / quarterly from real market data. The option chain (PCR, max pain, expected move, IV, OI) is live from the exchange during market hours; outside them it shows the last session's close. Shareholding, insider trades and announcements are the company's own exchange filings. Analysis only, not investment advice.