Bajel Projects Ltd Stock Price Today (NSE: BAJEL)
Fundamental Score
Bajel Projects Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Bajel Projects Ltd share price today is ₹194.01, up +0.64% on NSE/BSE as of 18 June 2026. Bajel Projects Ltd (BAJEL) is a Small-cap company in the Heavy Electrical Equipment sector with a market capitalisation of ₹2.07K (Cr). The 52-week high for BAJEL share price is ₹263.90 and the 52-week low is ₹135.10. At a P/E ratio of 161.23x, BAJEL is currently trading above its industry average P/E of 47.05x. The company has a Return on Equity (ROE) of 2.50% and a debt-to-equity ratio of 0.16.
Bajel Projects Ltd Share Price Chart — NSE/BSE Historical Performance
Bajel Projects Ltd share price chart: 0.90% return over the past month. 52-week high ₹263.90, 52-week low ₹135.10.
Bajel Projects Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹192.78 | ₹195.36 | ₹187.14 | ₹194.01 | 6.10L (Cr) | |
| ₹196.00 | ₹200.00 | ₹191.42 | ₹192.78 | 7.61L (Cr) | |
| ₹195.00 | ₹215.50 | ₹192.10 | ₹195.47 | 106.73L (Cr) | |
| ₹184.34 | ₹184.34 | ₹184.34 | ₹184.34 | 0.00 (Cr) | |
| ₹183.00 | ₹185.00 | ₹180.10 | ₹184.34 | 2.47L (Cr) | |
| ₹181.65 | ₹186.48 | ₹180.25 | ₹182.83 | 3.01L (Cr) | |
| ₹182.70 | ₹183.55 | ₹180.67 | ₹181.38 | 1.54L (Cr) | |
| ₹183.65 | ₹184.70 | ₹180.02 | ₹180.63 | 1.31L (Cr) | |
| ₹178.00 | ₹184.65 | ₹176.93 | ₹182.22 | 3.43L (Cr) | |
| ₹172.50 | ₹176.99 | ₹171.30 | ₹176.45 | 1.61L (Cr) |
Bajel Projects Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹196.00 | ₹200.00 | ₹187.14 | ₹194.01 | -1.02% | |
| ₹188.32 | ₹215.50 | ₹166.22 | ₹195.47 | +3.80% | |
| ₹141.92 | ₹201.73 | ₹141.92 | ₹188.32 | +32.69% | |
| ₹155.00 | ₹182.39 | ₹135.10 | ₹137.27 | -11.44% | |
| ₹157.00 | ₹175.00 | ₹150.00 | ₹161.53 | +2.89% | |
| ₹173.20 | ₹185.20 | ₹142.34 | ₹154.71 | -10.68% | |
| ₹177.80 | ₹194.00 | ₹163.11 | ₹173.26 | -2.55% | |
| ₹192.88 | ₹197.00 | ₹173.21 | ₹177.76 | -7.84% | |
| ₹206.00 | ₹219.64 | ₹184.92 | ₹191.39 | -7.09% | |
| ₹198.05 | ₹226.69 | ₹185.55 | ₹202.93 | +2.46% | |
| ₹238.00 | ₹255.90 | ₹192.50 | ₹201.65 | -15.27% | |
| ₹242.00 | ₹263.90 | ₹222.00 | ₹236.82 | -2.14% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Small-cap EPC player, expensive, needs perfect execution; liquidity a risk.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Bajel Projects secured a order from MSETCL for a 400/220 kV AIS Sub-Station in Pune, to be completed in 23 months. They also received an EPC contract from Tata Power for a 220 kV transmission line project in Mumbai, expected to be completed in 10 months.
CORE STORY (THE REAL GAME)
Bajel Projects is an EPC player riding India's power infrastructure buildout. The story is about order book growth and execution, not just a heavy electrical equipment supplier.
- ₹700 crore MSETCL order win
- Tata Power EPC contract
- Positive weekly gain
- Further order wins
- Improved quarterly results
- Infrastructure spending boost
- High valuation (P/E 161.23x)
- Small-cap liquidity risk
- Q3 FY26 revenue and profit decline
FII increased holdings slightly (Δ 0.35%), DII decreased (Δ -1.64%).
Heavy Electrical Equipment industry linked to power capacity addition program.
₹700 crore order from MSETCL for 400/220 kV AIS Sub-Station in Pune. EPC contract from Tata Power for 220 kV transmission line in Mumbai.
Free Cash Flow 5Y: ₹None Cr.
3-6 month thesis hinges on order execution and improved financials. Watch for quarterly results and new order announcements.
Primary Thesis Risk
Inability to execute orders will lead to sharp correction.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Bajel Projects Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Bajel Projects Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of BAJEL across key market metrics for learning purposes.
Positive Indicators
2 factors identified
Conservative Debt Levels (D/E: 0.16)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Balanced Promoter Holding (62.54%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
6 factors identified
Below-Average Return on Equity (2.50%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Premium Valuation Risk (P/E: 161.23x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Revenue Contraction (-7.33%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Interest Coverage (1.30x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Limited Institutional Interest (FII+DII: 9.33%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Bajel Projects Ltd vs Heavy Electrical Equipment Peers
Peer Comparison - Heavy Electrical Equipment
Compare Bajel Projects Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Bajel Projects LtdBajel Projects ...Selected✓ BAJEL • 544042 | 13.8/100 | ₹194.01₹194 | ₹2070.18₹2070.18 | 161.23Average 161.2 Average | 2.50%Poor 2.50% Poor | 12.11%Average 12.11% Average | 0.16Excellent 0.2 Excellent | — — | — — | 0.00% |
Siemens LtdSiemens Ltd... SIEMENS • 500550 | 58.1/100 | ₹3878.70₹3879 | ₹117781.20₹117781.20 | 69.80Average 69.8 Average | 11.81%Average 11.81% Average | 15.83%Good 15.83% Good | 0.01Excellent 0.0 Excellent | 17.04%Excellent 17.04% Excellent | 11.79%Good 11.79% Good | 0.36% |
Siemens Energy India LtdSiemens Energy ... ENRIN • 544390 | 31.7/100 | ₹3766.10₹3766 | ₹111859.20₹111859.20 | 101.68Average 101.7 Average | 28.96%Excellent 28.96% Excellent | 38.52%Excellent 38.52% Excellent | 0.03Excellent 0.0 Excellent | — — | — — | 0.00% |
ABB India LtdABB India Ltd... ABB • 500002 | 66.1/100 | ₹7219.00₹7219 | ₹110020.87₹110020.87 | 62.26Average 62.3 Average | 28.82%Excellent 28.82% Excellent | 38.65%Excellent 38.65% Excellent | 0.01Excellent 0.0 Excellent | 40.25%Excellent 40.25% Excellent | 10.75%Good 10.75% Good | 0.85% |
CG Power and Industrial Solutions LimitedCG Power and In... CGPOWER • 500093 | 67.9/100 | ₹934.80₹935 | ₹105260.55₹105260.55 | 98.52Average 98.5 Average | 27.66%Excellent 27.66% Excellent | 37.48%Excellent 37.48% Excellent | 0.02Excellent 0.0 Excellent | 33.57%Excellent 33.57% Excellent | 14.16%Good 14.16% Good | 0.19% |
Bharat Heavy Electricals LtdBharat Heavy El... BHEL • 500103 | 44.8/100 | ₹422.35₹422 | ₹101397.77₹101397.77 | 181.54Average 181.5 Average | 2.12%Poor 2.12% Poor | 4.87%Poor 4.87% Poor | 0.45Excellent 0.5 Excellent | 18.65%Excellent 18.65% Excellent | 5.72%Good 5.72% Good | 0.17% |
Hitachi Energy India LtdHitachi Energy ... POWERINDIA • 543187 | 63.2/100 | ₹37550.00₹37550 | ₹98828.01₹98828.01 | 137.79Average 137.8 Average | 13.79%Average 13.79% Average | 19.44%Good 19.44% Good | 0.02Excellent 0.0 Excellent | 14.55%Good 14.55% Good | 14.56%Good 14.56% Good | 0.03% |
Suzlon Energy LtdSuzlon Energy L... SUZLON • 532667 | 63.7/100 | ₹57.53₹58 | ₹73094.27₹73094.27 | 23.04Average 23.0 Average | 41.44%Excellent 41.44% Excellent | 32.52%Excellent 32.52% Excellent | 0.05Excellent 0.1 Excellent | 22.93%Excellent 22.93% Excellent | 29.65%Excellent 29.65% Excellent | 0.00% |
GE Vernova T&D India LtdGE Vernova T&D ... GVT&D • 522275 | 65.2/100 | ₹5097.70₹5098 | ₹71752.19₹71752.19 | 78.00Average 78.0 Average | 40.35%Excellent 40.35% Excellent | 54.74%Excellent 54.74% Excellent | 0.01Excellent 0.0 Excellent | 34.77%Excellent 34.77% Excellent | 6.33%Good 6.33% Good | 0.18% |
Thermax LtdThermax Ltd... THERMAX • 500411 | 49.9/100 | ₹4590.60₹4591 | ₹34742.42₹34742.42 | 58.52Average 58.5 Average | 13.57%Average 13.57% Average | 16.22%Good 16.22% Good | 0.36Excellent 0.4 Excellent | 24.90%Excellent 24.90% Excellent | 12.63%Good 12.63% Good | 0.48% |
Inox Wind LtdInox Wind Ltd... INOXWIND • 539083 | 68.3/100 | ₹95.81₹96 | ₹22999.39₹22999.39 | 45.14Average 45.1 Average | 11.69%Average 11.69% Average | 11.52%Average 11.52% Average | 0.17Excellent 0.2 Excellent | 29.46%Excellent 29.46% Excellent | 36.16%Excellent 36.16% Excellent | 0.00% |
Top Heavy Electrical Equipment Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Siemens Ltd share price117781.20 Cr
- Siemens Energy India Ltd share price111859.20 Cr
- ABB India Ltd share price110020.87 Cr
- CG Power and Industrial Solutions Limited share price105260.55 Cr
- Bharat Heavy Electricals Ltd share price101397.77 Cr
Bajel Projects Ltd PE Ratio History
Historical price-to-earnings ratio for BAJEL — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹1.33 | ₹173.26 | 130.3x |
| FY 2024 | ₹0.37 | ₹273.05 | 738x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Bajel Projects Ltd Quarterly Performance
Latest quarterly metrics for BAJEL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-7.33%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-1.64%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
N/A
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
N/A
Compounded annual net profit growth over 5 years
Bajel Projects Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for BAJEL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Bajel Projects Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Bajel Projects Ltd (BAJEL) — sourced from NSE/BSE filings.
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About BAJEL (Bajel Projects Ltd)
Bajel Projects Ltd is a dynamic force in the heavy electrical equipment sector, specializing in the intricate realm of power transmission and distribution. With a strong focus on e...ngineering, procurement, and construction (EPC), Bajel takes on comprehensive projects that span across India and international markets. Their expertise lies in providing end-to-end turnkey solutions, encompassing every facet of a project's lifecycle. From the initial stages of engineering and meticulous design to rigorous testing, precision manufacturing, flawless execution, and seamless commissioning, Bajel manages it all. They are architects of robust power networks, building the very infrastructure that electrifies communities and industries. The company's proficiency extends to the construction of cutting-edge infrastructure for power distribution. They undertake both greenfield ventures, crafting entirely new systems, and brownfield projects, skillfully augmenting existing networks for diverse power distribution companies and agencies. Bajel Projects plays a pivotal role in enhancing the capacity and reliability of power grids, ensuring a stable and efficient electricity supply. Their commitment to quality and innovation drives them to implement advanced technologies and practices, optimizing performance and minimizing environmental impact. Moreover, Bajel's dedication extends to bridging the energy divide through rural and urban electrification initiatives. They understand the transformative power of electricity in empowering communities and driving economic growth. By extending power access to underserved areas, Bajel Projects contributes to improving lives and fostering sustainable development. Their commitment to excellence, coupled with a customer-centric approach, positions Bajel Projects as a trusted partner in shaping the future of power transmission and distribution, building a brighter, more electrified world.
Company Details
Key Leadership
BAJEL Share Price: Frequently Asked Questions
What is the current share price of Bajel Projects Ltd?
Bajel Projects Ltd (BAJEL) trades at ₹194.01 on NSE and BSE. Market cap ₹2.07K (Cr). Educational data only.
What is the P/E ratio of Bajel Projects Ltd?
Bajel Projects Ltd has a P/E of 161.23x vs industry average 47.05x.
What is the Bull Run score for Bajel Projects Ltd?
Bajel Projects Ltd has a Bull Run score of 13.8/100 based on 25+ financial parameters.
Does Bajel Projects Ltd pay dividends?
Bajel Projects Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Bajel Projects Ltd?
Bajel Projects Ltd has ROE of 2.50%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Bajel Projects Ltd?
Bajel Projects Ltd has debt-to-equity of 0.16.
Is Bajel Projects Ltd a good investment?
Bull Run gives Bajel Projects Ltd a score of 13.8/100. This is not investment advice — consult a SEBI-registered advisor.