Bajel Projects Ltd
BAJELBajel Projects Ltd
BAJELPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
153.32 | 5.31 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
50.59 | 7.17 | 0.53% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Bajel Projects Ltd engages in engineering, procurement, and construction (EPC) services, specializing in power transmission and distribution projects, with extensive experience in EHV solutions.
Peers
Compare with peersLarsen and Toubro Ltd
GMR Airports Ltd
IRB Infrastructure Developers Ltd
KEC International Ltd
NBCC (India) Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2023 | FY 2024 | TTM | |||
---|---|---|---|---|---|---|
Total Revenue | 717.96 | 1,194.51 | 1,974.56 | |||
Raw Materials | 439.07 | 849.79 | 1,905.50 | |||
Power & Fuel Cost | 3.78 | 6.79 | ||||
Employee Cost | 102.05 | 79.86 | ||||
Selling & Administrative Expenses | 72.28 | 78.33 | ||||
Operating & Other expenses | 77.12 | 146.14 | ||||
EBITDA | 23.66 | 33.60 | 69.06 | |||
Depreciation/Amortization | 6.28 | 5.82 | 8.60 | |||
PBIT | 17.38 | 27.78 | 60.46 | |||
Interest & Other Items | 17.66 | 24.10 | 35.16 | |||
PBT | -0.28 | 3.68 | 25.30 | |||
Taxes & Other Items | 1.31 | -0.61 | 5.70 | |||
Net Income | -1.59 | 4.29 | 19.60 | |||
EPS | -0.14 | 0.37 | 1.70 | |||
DPS | 0.00 | 0.00 | 0.00 | |||
Payout ratio | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFPeers & Comparison
IndustrialsConstruction & Engineering
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Bajel Projects Ltd | 700.48 | 5.31 | — |
Larsen and Toubro Ltd | 39.91 | 5.08 | 0.90% |
GMR Airports Ltd | -158.38 | -104.06 | — |
IRB Infrastructure Developers Ltd | 56.26 | 2.48 | 0.53% |
Price Comparison
Compare BAJEL with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Bajel Projects Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.6266% | Percentage of the fund’s portfolio invested in the stock 0.41% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 84/92 (-5) |
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.5770% | Percentage of the fund’s portfolio invested in the stock 0.13% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 193/234 (+1) |
Nippon India Power & Infra Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1234% | Percentage of the fund’s portfolio invested in the stock 0.45% | Change in the portfolio weight of the stock over the last 3 months 0.45% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 51/56 (+4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
BAJEL has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Net profit of Bajel Projects reported to Rs 3.66 crore in the quarter ended September 2024 as against net loss of Rs 4.44 crore during the previous quarter ended September 2023. Sales rose 235.38% to Rs 651.77 crore in the quarter ended September 2024 as against Rs 194.34 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales651.77194.34 235 OPM %2.58-2.06 - PBDT10.02-4.02 LP PBT6.76-5.42 LP NP3.66-4.44 LP Powered by Capital Market - Live
Bajel Projects will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
The order involves the design and construction of a 220/33kV gas-insulated switchgear (GIS) substation and transmission line extension for a colocation data centre in Navi Mumbai, Maharashtra. This project, underscores Bajel's strategic entry into the rapidly growing data center market driven by India's digital transformation, increasing demand for data storage and processing capabilities, it added. Bajel will leverage its extensive expertise in design, engineering, procurement, and construction (EPC) to deliver critical power infrastructure solutions. The project will incorporate a combination of lattice towers and monopoles, conductors, and other essential components like the GIS substation, ensuring reliable, efficient, and continuous power supply. Bajel is committed to completing this project within the stipulated timeframe, executing it with strict adherence to quality and safety standards. This commitment will further solidify Bajel's reputation for safety and operational excellence, as stated in a press release. Rajesh Ganesh, MD & CEO of Bajel Projects said, The exponential growth of data centers in India, fuelled by cloud adoption, e-commerce, digital services and localization, presents a compelling opportunity for us. We're strategically building capabilities in GIS and Monopoles to become a trusted partner for data center developers in their pursuit of reliable and sustainable power infrastructure. Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment. The company reported standalone net profit of Rs 5.52 crore in Q1 FY25 as against net loss of Rs 1.70 crore posted in Q1 FY24. Net sales stood at Rs 505.69 crore in Q1 FY25, steeply higher than Rs 197.26 crore reported in Q1 FY24. Powered by Capital Market - Live
The order involves the design and construction of a 220/33kV gas-insulated switchgear (GIS) substation and transmission line extension for a colocation data centre in Navi Mumbai, Maharashtra. This project, underscores Bajel's strategic entry into the rapidly growing data center market driven by India's digital transformation, increasing demand for data storage and processing capabilities, it added. Bajel will leverage its extensive expertise in design, engineering, procurement, and construction (EPC) to deliver critical power infrastructure solutions. The project will incorporate a combination of lattice towers and monopoles, conductors, and other essential components like the GIS substation, ensuring reliable, efficient, and continuous power supply. Bajel is committed to completing this project within the stipulated timeframe, executing it with strict adherence to quality and safety standards. This commitment will further solidify Bajel's reputation for safety and operational excellence, as stated in a press release. Rajesh Ganesh, MD & CEO of Bajel Projects said, The exponential growth of data centers in India, fuelled by cloud adoption, e-commerce, digital services and localization, presents a compelling opportunity for us. We're strategically building capabilities in GIS and Monopoles to become a trusted partner for data center developers in their pursuit of reliable and sustainable power infrastructure. Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment. The company reported standalone net profit of Rs 5.52 crore in Q1 FY25 as against net loss of Rs 1.70 crore posted in Q1 FY24. Net sales stood at Rs 505.69 crore in Q1 FY25, steeply higher than Rs 197.26 crore reported in Q1 FY24. Shares of Bajel Projects fell 0.14% to end at Rs 254.40 on Friday, 27 September 2024.Powered by Capital Market - Live
Bajel Projects announced its successful foray into the nascent data centre segment securing its first order from an upcoming data center service provider. Bajel has bagged an order for the design and construction of a 220/33 KV Gas Insulated Substation (GIS) Substation and transmission line extension for a colocation data center in Navi Mumbai. Powered by Capital Market - Live
Net profit of Bajel Projects reported to Rs 5.52 crore in the quarter ended June 2024 as against net loss of Rs 1.70 crore during the previous quarter ended June 2023. Sales rose 156.36% to Rs 505.69 crore in the quarter ended June 2024 as against Rs 197.26 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales505.69197.26 156 OPM %1.40-1.29 - PBDT9.61-0.76 LP PBT7.45-2.00 LP NP5.52-1.70 LP Powered by Capital Market - Live
Bajel Projects will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live
The company has been awarded the transmission line package TL01 for the 765 kV D/C Beawar ' Mandsaur PS transmission line. The awarded project is a part of a larger government initiative which aims to set up a 'Transmission System for evacuation of power from Rajasthan REZ'. The project has been awarded through the Tariff Based Competitive Bidding (TBCB) route. Bajel Projects will have 23 months to complete the project from the award notification date. Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment. The company reported net profit of Rs 7.07 crore in Q4 FY24 as against net loss of Rs 0.78 crore posted in corresponding quarter last year. Revenue from operations stood at Rs 489.16 crore in the quarter ended 31 March 2024, up 147.34% from 197.77 crore in same quarter previous fiscal. Powered by Capital Market - Live
Bajel Projects has been awarded a supply of Goods and Services contract by PowerGrid Corporation of India for and on behalf of their project specific SPV i.e. Beawar'\ Mandsaur Transmission. The value of the contract is Rs 586.28 crore and the scope of the work includes Transmission Line Package TL01 for 765 kV D/c Beawar 'C Mandsaur PS Transmission Line 'C Part I associated with ''Transmission System for evacuation of power from Rajasthan REZ Ph'\IV (Part'\2: 5.5GW) (Jaisalmer/Barmer Complex) Part'\D'' through Tariff Based Competitive Bidding (TBCB) route. Powered by Capital Market - Live
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant