Bajel Projects financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹567cr−6.7% on Q1 FY26
Net profit
₹4.7cr+60.1% on Q1 FY26
EBITDA margin
3.3%+0.5 pts on Q1 FY26
EPS
₹0.41+57.7% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue567608−6.7%
EBITDA18.516.6+12.0%
EBITDA margin3.3%2.7%+0.5 pts
Profit before tax6.94.4+54.7%
Net profit4.73.0+60.1%
EPS₹0.41₹0.26+57.7%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹567 crNet profit₹4.7 crNet margin0.8%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024
1,887———
23.723.755.746.6
350350121—
2,213———
2,7512,7922,598—
—+7.4%——
99.797.759.3—
3.6%3.5%2.3%—
79.778.046.6—
22.120.315.5—
0.8%0.7%0.6%—
₹1.91₹1.75₹1.34—
—+31.1%——
—21.169.1195
—−33.8−34.5−27.1
−12.7−12.734.6168
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

BAJEL₹163.11

Bajel Projects Limited

· Capital Goods & Defence
₹ CrorePeersMARSONSEXICOMBBLINDOTECHJYOTISTRUCWAAREEINDOGVPILSHILCTECHMcap ₹1,887 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization———1,887.1
- Cash, Equiv & ST Investments46.655.723.723.7
+ Total Debt—121.0350.0350.0
Enterprise Value———2,213.4
Revenue—2,598.22,791.62,750.8
Growth %, YoY——+7.4—
EBITDA—59.397.799.7
Margin %—2.283.503.62
EBIT—46.678.079.7
Net Income—15.520.322.1
Margin %—0.600.730.80
EPS, Adj (current shares)—1.341.751.91
Growth %, YoY——+31.1—
Cash from Operations195.469.121.1—
Capital Expenditures-27.1-34.5-33.8—
Free Cash Flow168.334.6-12.7-12.7
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Bajel Projects financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

Bajel Projects (NSE: BAJEL) had a market capitalisation of ₹1,887 crore at the previous close (₹163.11 a share), a PE ratio of 85.6 on the last four quarters' profit and a price-to-book ratio of 2.52. In FY26 its consolidated net profit was ₹20.3 crore on revenue of ₹2,792 crore; in Q1 FY27 (April–June 2026) it was ₹4.7 crore, up 60.1% year on year. Its debt-to-equity ratio was 0.47 on 31 March 2026. Promoters held 62.52% of the shares on 30 September 2026.

Share price used
₹163.11 · previous close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Bajel Projects at a glance · consolidated

Market cap
₹1,887 Crat ₹163.11 · previous close
PE ratio (last 4 quarters)
85.693.1 on FY26 profit
Price to book (PB)
2.52book value ₹64.61 a share
ROE (FY26)
2.9%ROCE 10.6%
Debt to equity
0.47net debt ₹167 Cr
Promoter holding
62.52%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.37%₹0.60 a share in 12 months
Net worth
₹748 Cr+12.2% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹12.7 Cr

Questions

What is the Bajel Projects PE ratio today?

Bajel Projects' PE ratio is 85.6 at the previous close (₹163.11 a share): a market capitalisation of ₹1,887 crore divided by consolidated net profit of ₹22.1 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹20.3 crore) it is 93.1. These four quarters include net exceptional items of −₹7.7 crore (one-off charges reported separately), so the ratio on recurring profit would differ.

What is the Bajel Projects PB ratio (price to book value)?

Bajel Projects' price-to-book (PB) ratio is 2.52 at the previous close: a market capitalisation of ₹1,887 crore divided by shareholders' equity (book value) of ₹748 crore on 31 March 2026. That is a book value of ₹64.61 per share against a share price of ₹163.11.

What is the Bajel Projects ROE and ROCE?

In FY26, Bajel Projects' return on equity (ROE) was 2.9% and its return on capital employed (ROCE) was 10.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).

What is the Bajel Projects market cap?

Bajel Projects' market capitalisation was ₹1,887 crore at the previous close: 11.57 crore shares at ₹163.11 each.

What is the Bajel Projects EPS?

Bajel Projects' basic earnings per share (EPS) were ₹1.75 in FY26, against ₹1.34 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹1.90.

What is the Bajel Projects dividend in 2026 and its record date?

In 2026, Bajel Projects has declared one dividend: ₹0.60 with record date 31 July 2026.

Is Bajel Projects debt free?

No. Bajel Projects had borrowings of ₹350 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.47. Its cash and current investments were ₹183 crore, so its net debt was ₹167 crore.

What is the Bajel Projects debt to equity ratio?

Bajel Projects' debt-to-equity ratio was 0.47 on 31 March 2026: borrowings of ₹350 crore against total equity of ₹748 crore. A year earlier, on 31 March 2025, it was 0.18.

What is the Bajel Projects dividend yield?

Bajel Projects' dividend yield is 0.37% at the previous close: dividends of ₹0.60 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹163.11. They were ₹0.60 on 31 July 2026.

What is the Bajel Projects net worth?

Bajel Projects' net worth — shareholders' equity in its consolidated balance sheet — was ₹748 crore on 31 March 2026, up 12.2% from ₹666 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,887 crore at the previous close.

What is the Bajel Projects promoter holding?

Promoters held 62.52% of Bajel Projects on 30 September 2026, down 0.01 percentage points from 62.53% the previous quarter and down 0.03 percentage points from 62.55% a year earlier, according to the shareholding pattern filed with NSE.

What is the Bajel Projects free cash flow?

In FY26, Bajel Projects generated ₹21.1 crore of cash from operations and spent ₹33.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹12.7 crore. In FY25 it was ₹34.6 crore.

What is the Bajel Projects book value per share?

Bajel Projects' book value per share was ₹64.61 on 31 March 2026: shareholders' equity of ₹748 crore divided by the 11.57 crore shares in issue, up 12.1% from ₹57.63 a year earlier. The share price at the previous close was ₹163.11.

What are the Bajel Projects latest quarterly results?

Bajel Projects' latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net profit ₹4.7 crore, up 60.1% from ₹3 crore in Q1 FY26; revenue from operations ₹567 crore, down 6.7% year on year.

Bajel Projects vs Marsons: how do they compare?

In FY26, Bajel Projects earned net profit of ₹20.3 crore on revenue of ₹2,792 crore, against ₹46.3 crore on ₹245 crore for Marsons. Bajel Projects' operating margin was 2.8% (Marsons 16.9%) and its return on equity 2.9% (Marsons 21.3%).

What is the Bajel Projects shareholding pattern?

On 30 September 2026, Bajel Projects' shares were held by promoters 62.52%, foreign portfolio investors (FII/FPI) 0.32%, domestic institutions (DII) 9.14% (including mutual funds at 9.14%) and retail and other non-institutional investors 28.02%. Over the year, FII holding was down 0.35 percentage points from 0.67% and DII holding was up 0.48 percentage points from 8.66%.

What is the Bajel Projects revenue and profit in FY26?

In FY26 (April 2025–March 2026), Bajel Projects' consolidated net profit was ₹20.3 crore, up 31.1% from ₹15.5 crore in FY25, on revenue from operations of ₹2,792 crore (up 7.4%).

How does Bajel Projects compare with its peers?

On FY26 consolidated figures, against Marsons, Exicom Tele-Systems and Bharat Bijlee: Bajel Projects' operating margin of 2.8% is the third highest of the four (Marsons 16.9%, Exicom Tele-Systems −19.1%, Bharat Bijlee 6.0%; peer average 1.3%); its return on equity of 2.9% is the third highest of the four (Marsons 21.3%, Exicom Tele-Systems −43.3%, Bharat Bijlee 6.1%; peer average −5.3%).

When are the Bajel Projects next results?

Bajel Projects will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.

Where do these Bajel Projects figures come from?

From Bajel Projects' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.