Bajel Projects Limited

Bajel Projects Limited (BAJEL) is a micro-cap Capital Goods company valued at ₹1,945 crore operating in Heavy Electrical Equipment on the NSE and BSE.

Recent price move

Bajel Projects Limited last traded at ₹166.54, sharply up 6.02% on the day.

Recent developments

On 2026-08-12, Bajel Projects secured a ₹400 crore order from Power Grid for a 765kV transmission line. On 2026-07-23, the company signed a ₹400 crore-plus deal with Egypt’s EETC for a 500kV transmission project. On 2026-07-22, Bajel Projects signed another 500kV transmission line pact with EETC in Cairo, covering two sections of a project valued at an undisclosed amount.

Financial performance

The company's business is improving, with annual revenue rising 7.5% and net profit growing 35.2%. However, the latest quarter saw revenue fall 6.7% compared to the same quarter a year earlier, while net profit surged 59.8%. The net profit margin widened to 0.7% from 0.6%, but return on equity remains at 0.0%.

Valuation multiples

The stock trades at 95.2 times earnings, 2.74 times book value. It yields 0.3%.

Things to watch

The stock is 25.5% below its 52-week high. The company's return on equity is 0.0%, indicating no return to shareholders. Domestic institutional holding fell by 0.37 percentage points in the quarter.

Where it stands

Bajel Projects Limited has shown strong annual profit growth but faces challenges in recent quarters. The company's latest quarter net profit rose sharply, while revenue declined. The stock is trading below its 52-week high, and return on equity remains at zero.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.