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HomeStocksHeavy Electrical EquipmentBajel Projects Ltd

Bajel Projects Ltd Stock Price Today (NSE: BAJEL)

Bajel Projects Ltd

BAJELHeavy Electrical Equipment
₹164.74+₹0.00 (+0.00%)↑
As on 20 Feb 2026, 06:10 am ISTMarket Closed

Fundamental Score

...

Bajel Projects Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis

Bajel Projects Ltd share price today is ₹164.74, up +0.00% on NSE/BSE as of 20 February 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 ₹N/A and the 52-week low is ₹N/A. 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

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
+0.00%

Returns & Performance

Poor

ROE

2.50%
Poor

ROCE

12.11%

OPM (5Y)

N/A

Div Yield

0.00%

Bajel Projects Ltd Valuation Check

Poor

P/E Ratio

161.23x
Poor

Industry P/E

47.05x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

2.07K (Cr)

Growth Engine

Poor

Profit Growth (Q)

-1.64%
Poor

Sales Growth (Q)

-7.33%

Sales Growth (5Y)

N/A

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Excellent

Debt to Equity

0.16x
Poor

Int. Coverage

1.30x

Free Cash Flow (5Y)

N/A

Shareholding

Excellent

Promoter

62.54%
Poor

FII

0.67%
Average

DII

8.66%
Poor

Pledged

2.55%

Institutional Deep-Dive

Bull Run Research Hub

Bajel Projects Share Price: A Financial Stability Analysis

In the heavy electrical equipment sector, a critical driver of growth is the ability to efficiently manage large-scale project execution and maintain healthy working capital cycles. This is especially true given the capital-intensive nature of infrastructure projects. This analysis explores the financial stability of Bajel Projects Ltd, focusing on key indicators impacting investor perception. Currently, the Bajel Projects share price stands at ₹162.470001. A crucial metric in assessing Bajel's valuation is its Price-to-Earnings (PE) ratio.

Bajel Projects' PE ratio of 161.23 suggests a high valuation relative to its earnings. This could indicate investor optimism about future growth prospects, but it also implies a higher risk if earnings don't materialize as expected. In contrast, assessing peers is vital. Aartech Solonics Ltd may exhibit different management styles influencing their project execution, and that can be reflected in their performance metrics. For instance, the industry perception of management quality at Aartech Solonics Ltd could be stronger if they’ve demonstrated more consistent project delivery and a higher return on equity. Comparing those factors helps assess Bajel's positioning within the sector.

Return on Capital Employed (ROCE) provides insights into how effectively Bajel Projects utilizes its capital to generate profits. The reported ROCE of 12.11% indicates the company's profitability relative to the capital invested. While this shows the company is generally doing a good job managing invested capital, the figure is not dramatically high. A higher ROCE would widen the economic moat protecting the company from competitors. A relatively smaller moat means competitors can more easily take market share.

Other sector peers like Atlanta Electric and Jyoti Structures Ltd provide benchmarks for evaluating Bajel's financial performance. Comparing debt levels, order book size, and revenue growth can further contextualize the company’s financial stability. It is important to analyze these elements relative to overall market conditions and infrastructure investment trends in India. This analysis is part of a broader 80-parameter fundamental audit, verified by Sweta Mishra, offering a comprehensive overview of Bajel Projects' financial health based on publicly available data.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

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 Financial Statements

Comprehensive financial data for Bajel Projects Ltd including income statement, balance sheet and cash flow

About BAJEL (Bajel Projects Ltd)

Bajel Projects Ltd (BAJEL) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Heavy Electrical Equipment sector with a current market capitalisation of ₹2.07K (Cr). Bajel Projects Ltd has delivered a Return on Equity (ROE) of 2.50% and a ROCE of 12.11%. The debt-to-equity ratio stands at 0.16, reflecting the company's capital structure. Investors tracking BAJEL share price can monitor key metrics including P/E ratio, promoter holding of 62.54%, and quarterly earnings growth.

Company Details

Symbol:BAJEL
Industry:Heavy Electrical Equipment
Sector:Heavy Electrical Equipment
Website:https://www.bajelprojects.com

Key Leadership

Mr. Rajesh Ganesh
CEO, Managing Director & Director
Mr. Ajay Suresh Nagle
Company Secretary, Chief Compliance Officer & Executive Director
Mr. Piyush Bansal
Joint President & Business Head of Power Transmission

BAJEL Share Price: Frequently Asked Questions

What is the current share price of Bajel Projects Ltd (BAJEL)?

As of 20 Feb 2026, 06:10 am IST, Bajel Projects Ltd share price is ₹164.74. The BAJEL stock has a market capitalisation of ₹2.07K (Cr) on NSE/BSE.

Is BAJEL share price Overvalued or Undervalued?

BAJEL share price is currently trading at a P/E ratio of 161.23x, compared to the industry average of 47.05x. Based on this relative valuation, the Bajel Projects Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of BAJEL share price?

The 52-week high of BAJEL share price is ₹N/A and the 52-week low is ₹N/A.

What factors affect the Bajel Projects Ltd share price?

Key factors influencing BAJEL share price include quarterly earnings growth (Sales Growth: -7.33%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Bajel Projects Ltd a good stock for long-term investment?

Bajel Projects Ltd shows a 5-year Profit Growth of N/A% and an ROE of 2.50%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.16 before investing in BAJEL shares.

How does Bajel Projects Ltd compare with its industry peers?

Bajel Projects Ltd competes with major peers in the Heavy Electrical Equipment. Investors should compare BAJEL share price P/E of 161.23x and ROE of 2.50% against the industry averages to determine competitive standing.

What is the P/E ratio of BAJEL and what does it mean?

BAJEL share price has a P/E ratio of 161.23x compared to the industry average of 47.05x. Investors pay ₹161 for every ₹1 of annual earnings.

How is BAJEL performing according to Bull Run's analysis?

BAJEL has a Bull Run fundamental score of 13.8/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does BAJEL belong to?

BAJEL operates in the Heavy Electrical Equipment industry. This classification helps understand the competitive landscape and sector-specific trends affecting Bajel Projects Ltd share price.

What is Return on Equity (ROE) and why is it important for BAJEL?

BAJEL has an ROE of 2.50%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Bajel Projects Ltd generates profits from shareholders capital.

How is BAJEL debt-to-equity ratio and what does it indicate?

BAJEL has a debt-to-equity ratio of 0.16, which indicates conservative financing with low financial risk.

What is BAJEL dividend yield and is it a good dividend stock?

BAJEL offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Bajel Projects Ltd shares.

How has BAJEL share price grown over the past 5 years?

BAJEL has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.

What is the promoter holding in BAJEL and why does it matter?

Promoters hold 62.54% of BAJEL shares, with 2.55% pledged. High promoter holding often indicates strong management confidence in Bajel Projects Ltd.

What is BAJEL market capitalisation category?

BAJEL has a market capitalisation of ₹2070 crores, placing it in the Small-cap category.

How volatile is BAJEL stock?

BAJEL has a beta of N/A. A beta > 1 suggests the Bajel Projects Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is BAJEL operating profit margin trend?

BAJEL has a 5-year average Operating Profit Margin (OPM) of N/A%, indicating the company's operational efficiency.

How is BAJEL quarterly performance?

Recent quarterly performance shows Bajel Projects Ltd YoY Sales Growth of -7.33% and YoY Profit Growth of -1.64%.

What is the institutional holding pattern in BAJEL?

BAJEL has FII holding of 0.67% and DII holding of 8.66%. Significant institutional holding often suggests professional confidence in the Bajel Projects Ltd stock.

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