Bajel Projects Limited (BAJEL) fundamentals

Bajel Projects Limited is a listed company in Electrical Equipment, part of the Capital Goods sector, listed on the NSE as BAJEL (ISIN INE0KQN01018). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Bajel Projects Limited does

Bajel Projects Limited is engaged in the business of power infrastructure, with a presence in the power transmission and power distribution sectors. It operates through its four business verticals: Power Transmission, Power Distribution, Monopoles, and International EPC. The Power Transmission vertical has three sub-segments, namely transmission lines, extra-high voltage (EHV) substations, and EHV Underground cables. The Power Distribution vertical includes rural/urban electrification, primary distribution substation, and underground cabling. The International EPC vertical provides engineering, design, testing, manufacturing, and executing solutions, right from concept to commissioning of EHV transmission lines. The Monopoles vertical is engaged in designing, manufacturing, supplying, and installation of Monopoles. It has completed over 7,000 circuit kilometers of EHV transmission lines and 40 EHV projects, including Air Insulated Substation (AIS) and Gas Insulated Substation (GIS).

Valuation and market data

Last close₹179.89
Market capitalisation₹2,085 crore
Enterprise value₹2,090 crore
P/E (TTM)102.79
Price to book2.79
Price to sales (TTM)0.46
Book value per share₹64.51
Dividend yield33.35%
SectorCapital Goods
IndustryElectrical Equipment
Listed sinceTue Dec 19

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹2,819 crore₹27 crore₹20 crore1.75
Mar 2025₹2,629 crore₹24 crore₹15 crore1.34
Mar 2024₹1,195 crore₹4 crore₹4 crore0.37

Figures are as reported (consolidated), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters62.5%
Foreign institutions (FII)0.5%
Mutual funds9.1%
Other domestic institutions0.1%
Retail and others27.7%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.