| Revenue growth | 7% YoY for FY26; 26% YoY for Q4 FY26. |
|---|---|
| Margins | FY26 EBITDA margin expanded to 4.4% from 3.4% YoY. |
| Order book | ₹3,442 Crores as of March 31, 2026. |
| Demand visibility | Strong, driven by India's renewable energy capacity targets by 2035. |
| Management confidence | High; citing landmark domestic wins and entry into Saudi Arabia. |
Growth
FY26 Revenue reached ₹2,792cr (+7% YoY); EBITDA grew 38% YoY; PAT surged 74% to ₹27cr.
Outlook
Order book at ₹3,442cr; expanding Ranjangaon plant capacity to 110,000 MTPA with ₹170cr capex.
Risks
Dependence on T&D sector tender cycles; potential execution delays in large-scale international projects.
Earnings Call filed with BSE, NSE: BAJEL. Summary written with AI assistance from the document.
Bajel Projects Ltd: key numbers
- Share price
- ₹160.62
- Market cap
- ₹1,859 Cr
- Revenue (annual)
- ₹2,792 Cr
- Net profit (annual)
- ₹20.28 Cr
- P/E (TTM)
- 75.7×Sector 51.9×
- Promoter holding
- 62.52%-0.01% QoQ
- FII holding
- 0.33%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Bajel Projects Ltd
All →Bajel Projects Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹514 Cr (-16% YoY), EBITDA ₹25 Cr at 4.8% margin, net profit ₹6 Cr. Record ₹5,001 Cr order book, up 48% YoY.
Bajel Projects Results Update
Bajel Projects reported Q2 FY27 revenue of Rs. 514 Cr and a record Rs. 5000 Cr order book. Press release gives only results highlights.
Bajel Projects Q2 FY27 Results: Net Profit ₹6.1 Cr, Up 69.4% YoY
Bajel Projects Ltd reported revenue from operations of ₹514.1 Cr (-16.2% YoY) and net profit of ₹6.1 Cr (+69.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹6.1 Cr · +69.4% YoY
Bajel Projects Board Meeting Date
Bajel Projects Ltd intimated a board meeting on November 4, 2026 to approve unaudited standalone and consolidated results for Q2 and H1 FY27. The filing also notes the trading window closure from October 1, 2026.
Bajel Projects Bags ₹1,500 Cr Order from Lakadia A Power Transmission Limited
Bajel Projects was awarded an Ultra-Mega EPC transmission order worth ₹1,500 Crore by Lakadia A Power Transmission Limited for 270 km of 765 kV lines in Gujarat. The order is ordinary course, arm's length, and carries a 36-month timeline.
- Value
- ₹1,500 Cr
- From
- Lakadia A Power Transmission Limited
- Execution
- 36 months from the date of issuance of Purchase Order
Bajel Projects Bags ₹200 Cr Order from The Tata Power Company Limited
Bajel Projects won a Major EPC order of about Rs.200+ Crore from Tata Power for Mumbai 400 kV GIS substations. Execution spans 18 months.
- Value
- ₹200.0 Cr
- From
- The Tata Power Company Limited
- Execution
- 18 months from the date of issuance of the Purchase Order