ALFA Finder| Revenue growth | FY26 revenue up 7% YoY; Q4 revenue up 26% YoY. |
|---|---|
| Margins | EBITDA margins expanded 100bps YoY to 4.4% despite commodity headwinds. |
| Order book | ₹3,442cr as of March 2026; ₹1,000cr+ new orders post-quarter. |
| Demand visibility | Strong domestic T&D visibility driven by India's 900GW 2036 target. |
| Management confidence | Balanced; focused on execution discipline and Rasta 2030 strategic roadmap. |
Growth
FY26 standalone revenue grew 7% to ₹2,792cr; EBITDA margin improved from 3.4% to 4.4%.
Outlook
Guided FY27 revenue growth of 15%+, with order book currently at ₹3,442cr.
Risks
Commodity price volatility (Aluminium, Zinc, Steel) and skilled labor shortages in core execution activities.
Earnings Call filed with BSE, NSE: BAJEL. Summary written with AI assistance from the document.
Bajel Projects Ltd: key numbers
- Share price
- ₹159.74
- Market cap
- ₹1,848 Cr
- Revenue (annual)
- ₹2,792 Cr
- Net profit (annual)
- ₹20.28 Cr
- P/E (TTM)
- 75.2×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