NSE · BAJEL
Bajel Projects Limited
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹567 Cr with net profit ₹5 Cr — a 0.8% net margin, versus 0.72% the period before.
Shareholding
As of 2026-09-30
- Promoter62.52%
- Public28.02%
- FII0.32%
- DII9.14%
81,427 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 1.6× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Engineering - Turnkey Services · ranked #24 of 80 by market cap · medians across 49 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Larsen & Toubro Ltd. | ₹5,66,561 Cr | 29.67 | 5.01 | 15.81% | 5.94% |
| ACME Solar Holdings Ltd. | ₹27,918 Cr | 37.12 | 3.34 | 9.05% | 27.13% |
| Engineers India Ltd. | ₹16,451 Cr | 18.33 | 4.92 | 26.86% | 23.74% |
| Juniper Green Energy Ltd. | ₹14,556 Cr | 143.71 | 2.79 | 1.94% | 9.66% |
| VA Tech Wabag Ltd. | ₹12,434 Cr | 31.2 | 4.52 | 15.08% | 9.73% |
| Techno Electric & Engineering Company Ltd. | ₹10,798 Cr | 25.05 | 2.6 | 11.4% | 12.84% |
| Waaree Renewable Technologies Ltd. | ₹7,655 Cr | 16.44 | 6.84 | 41.64% | 11.83% |
| GMR Pow And Urban Infra Limited | ₹7,202 Cr | 5.76 | 3.65 | -16.92% | -2.36% |
| Power Mech Projects Ltd. | ₹7,183 Cr | 18.36 | 2.86 | 14.45% | 6.12% |
| ISGEC Heavy Engineering Ltd. | ₹7,058 Cr | 28.43 | 2.55 | 8.97% | 2.74% |
| Bajel Projects Limited(this company) | ₹1,892 Cr | 70.17 | 2.53 | 3.31% | 0.81% |
AI analysis
AI-generated · google/gemini-2.5-flashBajel Projects Limited (BAJEL) operates in the Infrastructure Developers & Operators sector. As of March 31, 2026, the company reported a market capitalization of Rs 2049 Cr. The promoter holding stands at 62.5274%, with 2.55% of promoter shares pledged. The company's debt-to-equity ratio is 0.18.
Positives
- +The company reported a high revenue growth of 122.22% for the annual period ending March 2025.
- +The profit margin is high at 73.52%.
- +Return on equity (ROE) is significantly high at 331.09%.
- +The debt-to-equity ratio is low at 0.18.
Negatives
- −The company recorded a negative net profit of Rs -0.42 Cr for the quarter ending December 2025.
- −Promoter holding has shown a slight decline from 62.8506% in September 2023 to 62.5274% in March 2026.
- −FII holding decreased significantly from 10.5058% in September 2023 to 0.5078% in March 2026.
- −2.55% of promoter shares are pledged as of March 31, 2026.
Financial Performance
Bajel Projects Limited reported an annual revenue of Rs 2629.1332 Cr for the period ending March 2025, with a revenue growth of 122.22%. Net profit for the same period was Rs 15.4635 Cr. The company's EPS was Rs 1.33 in March 2025. Quarterly revenue for March 2026 was Rs 1007.77 Cr, with a net profit of Rs 14.14 Cr.
Profitability & Returns
The company's profit margin stood at 73.52%. Return on equity (ROE) was 331.09%, while return on capital employed (ROCE) was 8.8233%. The basic earnings per share (EPS) was Rs 2.51. However, the company experienced a negative net profit of Rs -0.42 Cr in December 2025.
Balance Sheet
Bajel Projects Limited has a debt-to-equity ratio of 0.18, indicating a low level of debt relative to equity. The book value per share is Rs 64.61. The current market capitalization is Rs 2049 Cr.
Ownership & Pledges
As of March 31, 2026, promoters held 62.5274% of the shares. Institutional holding, including DIIs and FIIs, was 10.0818%. Public shareholding was 27.3908%. A total of 2.55% of the promoter shares were pledged as of March 31, 2026, which corresponds to 1843556 shares held by Vanraj Bajaj.
Shareholding Changes
Promoter holding decreased marginally from 62.8506% in September 2023 to 62.5274% in March 2026. FII holding also showed fluctuation, decreasing from 10.5058% in September 2023 to 0.5078% in March 2026.
Data as of — price: 2026-11-07 · financials: Jun 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.