Bajel Projects LimitedBAJELCorporate

Engineering - Turnkey Services Latest results: Jun 2026 11 quarters of data
₹167.75
MCap ₹1,941 Cr · P/E 72.8
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹567 Cr
Sales · Jun 2026
-6.7% YoY
₹19 Cr
Operating Profit · Jun 2026
+14.5% YoY
3.3%
OPM % · Jun 2026
+22.2% YoY
₹5 Cr
Net Profit · Jun 2026
+59.8% YoY
₹0.41
EPS · Jun 2026
+57.7% YoY

📝 Bajel Projects Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Bajel Projects Limited reported revenue of ₹567 crore for the quarter ended June 2026 (Q1 FY27), down 6.7% from ₹608 crore in the same quarter last year, and down 43.8% sequentially over the March 2026 quarter.

Net profit rose 59.8% year-on-year to ₹5 crore, from ₹3 crore. Earnings per share (EPS) came in at ₹0.41.

Operating profit stood at ₹19 crore — an operating margin (OPM) of 3.3%, compared with 2.7% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Bajel Projects Limited posted revenue of ₹2,792 crore, a growth of 7.5% over FY25, with a net profit of ₹25 crore (up 54.4% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹2,751 crore with a net profit of ₹27 crore.

Valuation snapshot

At the current price of ₹167.75, BAJEL has a market capitalisation of ₹1,941 crore and a trailing P/E of about 72.8.

Within the Engineering - Turnkey Services industry, it is the 11th-largest of the 36 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 62.53%, foreign institutional investors (FIIs) 0.53%, domestic institutional investors (DIIs) 9.20%, public shareholders 27.74% of Bajel Projects Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,941 Cr
Current Price ?
₹167.8
P/E ?
72.81above ind
Industry P/E ?
10.40
P/B ?
2.60
P/S ?
0.71
P/FCF ?
-149.29
Enterprise Value ?
₹2,308 Cr
EV/EBITDA ?
23.18
PEG ?
N/A
Earnings Yield ?
3.4%
Dividend Yield ?
0.34%
Profitability & Returns
Sales (TTM) ?
₹2,751 Cr
OPM ?
3.6%
Profit after tax (TTM) ?
₹27 Cr
EPS (TTM) ?
₹2.30
ROCE ?
10.0%
ROE ?
3.6%
ROA ?
1.1%
Growth
Sales — latest qtr ?
₹567 Cr
PAT — latest qtr ?
₹5 Cr
YoY qtr sales growth ?
-6.7%
YoY qtr profit growth ?
59.8%
Sales growth (3y) ?
N/A
Sales growth (5y) ?
N/A
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹367 Cr
Debt to Equity ?
0.49
Interest Coverage ?
1.2
Current Ratio ?
N/A
Ownership
Promoter holding ?
62.53%
Change in promoter holding ?
-0.04%
Pledged percentage ?
N/A
Market
Return 3 months ?
-5.5%
Return 6 months ?
-6.4%

🗓️ Quarterly results (11 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 2754895126626228016086145621,008567 -6.7% -43.8%
Operating Profit 9871715211623273119 +14.5% -40.2%
Other Income 1101257787575 -37.2% -24.9%
Interest 41091215171617161412 -25.8% -15.9%
Depreciation 12233455565 +7.4% -17.5%
Profit Before Tax 567736483177 +72.9% -58.4%
Net Profit 376415362145 +59.8% -66.2%
EPS 0.290.610.480.320.130.420.260.510.171.220.41 +57.7% -66.4%
OPM % 3.3% 1.6% 1.4% 2.5% 2.4% 2.6% 2.7% 3.7% 4.8% 3.1% 3.3% +22.2% +6.5%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹2,598 Cr ₹2,792 Cr ₹2,751 Cr +7.5%
Operating Profit ₹59 Cr ₹97 Cr ₹100 Cr +63.5%
OPM % 2.29% 3.48% 3.62% +52.0%
NPM % 0.62% 0.89% 0.97% +43.5%
Other Income ₹32 Cr ₹27 Cr ₹24 Cr -13.8%
Depreciation ₹12 Cr ₹21 Cr ₹21 Cr +65.6%
Interest ₹53 Cr ₹63 Cr ₹59 Cr +18.2%
EBIT ₹47 Cr ₹77 Cr ₹79 Cr +63.0%
PBT ₹23 Cr ₹32 Cr ₹35 Cr +37.7%
Tax ₹5 Cr ₹3 Cr ₹3 Cr -39.6%
Net Profit ₹16 Cr ₹25 Cr ₹27 Cr +54.4%
EPS ₹1.35 ₹2.16 ₹2.31 +60.0%
Material Cost ₹1,064 Cr ₹815 Cr ₹815 Cr -23.5%
Employee Cost ₹64 Cr ₹75 Cr ₹75 Cr +17.0%
Extraordinary Items — ₹8 Cr ₹8 Cr —

🏛️ Balance Sheet (latest 3 periods)

Metric Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 232323 +0.0%
Reserves 543643724 +12.6%
Borrowings 15140367 +162.1%
Other Liabilities 7621,2691,424 +12.2%
Total Liabilities 1,3432,0752,538 +22.3%
Fixed Assets 6998108 +10.2%
CWIP 007 —
Investments 38266 -19.5%
Other Assets 1,2711,8952,357 +24.4%
Total Assets 1,3432,0752,538 +22.3%

💧 Cash Flow (latest 3 periods)

Metric Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 1956921 -69.6%
Cash from Investing Activity -135-12819 +114.8%
Cash from Financing Activity -1568-72 -205.9%
Net Cash Flow 469-32 -455.6%
Free Cash Flow 16835-13 -137.1%
CFO/OP 1,896%105%29% -72.4%

➗ Ratios (latest 3 periods)

Metric Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 190136214 +57.4%
Inventory Days 422426 +8.3%
Days Payable 201145166 +14.5%
Cash Conversion Cycle 311574 +393.3%
Working Capital Days 63-1223 +291.7%
ROCE % —12%10% -16.7%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 62.57%62.55%62.53%62.53%62.53% +0.0%
FIIs 0.32%0.67%0.40%0.50%0.53% +6.0%
DIIs 10.30%8.66%9.06%9.58%9.20% -4.0%
Public 26.81%28.11%28.01%27.39%27.74% +1.3%
No. of Shareholders 85,93985,01383,99183,53383,063 -0.6%

⚖️ Peer comparison

Industry: Engineering - Turnkey Services · top 25 of 36 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 ORIANA Oriana Power ₹2,077.80 21,110 16.7 1,813 252 22.0% 13.9% — — 64.3% 18.2%
2 WABAG VA Tech ₹2,282.00 14,261 38.3 3,944 370 11.7% 9.4% 19.7% 25.5% 22.3% 28.6%
3 POWERMECH Power Mech ₹2,424.50 7,665 19.6 6,393 420 10.9% 6.6% 15.8% 18.4% 25.6% 10.3%
4 GMRP&UI GMR Power ₹93.16 7,276 11.7 7,388 585 22.3% 7.9% 15.6% -60.5% 3.4% -392.8%
5 ISGEC Isgec Heavy ₹837.65 6,159 25.3 6,819 284 9.1% 4.2% 6.1% 7.7% 17.4% 9.0%
6 TRANSRAILL Transrail Lighting ₹412.65 5,540 13.5 6,830 411 12.1% 6.0% 28.7% 22.6% -4.3% -20.0%
7 IONEXCHANG ION Exchange ₹437.80 5,382 39.6 3,032 98 5.9% 3.2% 6.5% -31.4% 20.1% -93.7%
8 SWSOLAR Sterling and Wilson ₹163.18 3,811 15.7 7,155 213 4.9% 3.0% 19.8% -237.8% -12.6% 103.5%
9 EIEL Enviro Infra ₹194.87 3,421 19.2 1,264 191 22.4% 15.1% 8.3% 6.1% 49.1% 6.4%
10 ASHOKA Ashoka Buildcon ₹113.99 3,200 1.3 7,132 2,476 21.5% 34.7% -25.1% 48.6% -20.5% -44.0%
11 BAJEL Bajel Projects ₹179.23 2,074 73.8 2,751 29 3.6% 1.0% 7.5% 69.5% -6.7% 37.2%
12 RELINFRA Reliance Infrastructure ₹48.80 1,992 1.0 20,877 4,330 4.9% 20.7% -11.0% -25.1% 11749.6% 151.7%
13 BGRENERGY BGR Energy ₹231.86 1,673 — 226 -1,250 -255.9% -551.8% -33.8% -32.8% -82.2% 16.1%
14 KPEL K.P. Energy ₹230.44 1,562 8.5 1,797 182 18.5% 10.1% 59.4% 57.2% 136.7% 2.6%
15 MBECL Mcnally Bharat ₹421.66 1,406 0.4 73 3,655 -286.9% 5002.9% -30.5% 301.0% 0.3% 89.0%
16 GGBL Ganesh Green ₹481.90 1,195 15.9 1,067 75 10.7% 7.0% — — 298.4% 147.1%
17 SEPC SEPC ₹5.62 1,092 42.7 1,150 26 5.5% 2.3% 65.8% 116.6% 38.6% -166.8%
18 ATMASTCO Atmastco ₹306.00 757 — — — — — — — -18.6% 61.9%
19 OMINFRAL OM INFRA ₹78.10 752 22.8 520 33 8.6% 6.3% -29.8% -42.8% 19.2% 1268.7%
20 MOLDTECH Mold-Tek Technologies ₹200.00 576 31.2 208 18 10.9% 8.9% 24.6% -17.0% 78.9% 1215.1%
21 SUPREMEINF Supreme Infrastructure ₹53.50 522 0.1 65 5,797 -3.5% 8900.7% -4.0% 506.5% 95.8% 83.4%
22 WINSOL Winsol ₹378.85 437 30.5 136 14 17.7% 10.3% — — 1.8% 36.6%
23 GVKPIL GVK Power ₹2.33 368 — 81 -1,383 -363.9% -1717.0% -90.0% -331.4% -100.0% 98.5%
24 K2INFRA K2 Infragen ₹275.00 347 26.1 185 13 12.4% 7.0% — — -1.1% -14.3%
25 ATLANTAA ATLANTAA ₹36.81 300 — 78 -5 40.9% -6.5% 33.3% -105.7% 26.2% -196.1%
❓ Frequently asked questions
What was Bajel Projects Limited's revenue in Q1 FY27?
Bajel Projects Limited reported revenue of ₹567 crore for the quarter ended June 2026 (Q1 FY27), down 6.7% from ₹608 crore in the same quarter last year, and down 43.8% sequentially over the March 2026 quarter.
What was Bajel Projects Limited's net profit in Q1 FY27?
Net profit rose 59.8% year-on-year to ₹5 crore, from ₹3 crore. Earnings per share (EPS) came in at ₹0.41.
What is BAJEL's market capitalisation and P/E ratio?
At the current price of ₹167.75, BAJEL has a market capitalisation of ₹1,941 crore and a trailing P/E of about 72.8.
Who owns Bajel Projects Limited? (shareholding pattern)
As of Jun 2026, promoters held 62.53%, foreign institutional investors (FIIs) 0.53%, domestic institutional investors (DIIs) 9.20%, public shareholders 27.74% of Bajel Projects Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI