Bajel Projects Key Ratios
NSE: BAJEL | BSE: 544042
₹192.84
As on 28-Aug-2026IST
Market cap
₹2,231 Cr
Revenue (TTM)
₹2,751 Cr
P/E Ratio
101.2
P/B Ratio
3
Div. Yield
0.3 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -43.75 | -6.71 | 2.11 | 62.19 | -- |
| EBIT | -47.96 | 13.77 | 48.66 | 71.66 | -- |
| Net Profit | -71.06 | 37.19 | 152.84 | 261.15 | -- |
| EPS | -71.06 | 37.11 | 112.48 | 242.53 | -- |
| Book Value | -- | -- | 14.87 | 315.61 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -- | -- | 2.90 | 3.30 | 2.17 |
| Net Margin
| -- | -- | 1.02 | 0.72 | 0.59 |
| Return on equity
| -- | -- | 2.88 | 2.93 | 2.53 |
| Return on Capital
| -- | -- | -- | 9.88 | 10.12 |
| Return on Assets
| -- | -- | 1.22 | 0.88 | 0.92 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.48 | 0.54 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
9.88
|
10.12
|
4.19
|
--
|
|
Peer Median
|
--
|
14.58
|
8.25
|
13.81
|
--
|
ROE
2.88
Lower than Peers by 0.53
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
2.88
|
2.93
|
2.53
|
0.76
|
--
|
|
Peer Median
|
3.40
|
11.98
|
4.64
|
15.31
|
--
|
ROA
1.22
Lower than Peers by 0.75
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
1.22
|
0.88
|
0.92
|
0.32
|
--
|
|
Peer Median
|
1.98
|
5.28
|
2.45
|
4.87
|
--
|
EBIT Margin
2.90
Lower than Peers by 4.62
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
2.90
|
3.30
|
2.17
|
1.01
|
--
|
|
Peer Median
|
7.51
|
--
|
12.62
|
--
|
--
|
Net Margin
1.02
Lower than Peers by 6.78
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
1.02
|
0.72
|
0.59
|
0.36
|
--
|
|
Peer Median
|
7.79
|
7.62
|
7.93
|
7.77
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
1.43
|
1.08
|
0.86
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
2.11
Lower than Peers by 23.23
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
2.11
|
7.44
|
122.22
|
--
|
--
|
|
Peer Median
|
25.34
|
--
|
139.14
|
--
|
--
|
EBIT Growth
48.66
Lower than Peers by 18.80
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
48.66
|
63.34
|
379.47
|
--
|
--
|
|
Peer Median
|
67.46
|
--
|
594.71
|
--
|
--
|
Net Profit Growth
152.84
Higher than Peers by 50.26
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
152.84
|
31.13
|
260.75
|
--
|
--
|
|
Peer Median
|
102.58
|
--
|
616.06
|
--
|
--
|
EPS Growth
112.48
Higher than Peers by 74.83
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
112.48
|
31.03
|
259.76
|
--
|
--
|
|
Peer Median
|
37.65
|
--
|
338.14
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
10.77
|
16.26
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
0.48
|
0.54
|
0.24
|
--
|
|
Peer Median
|
0.00
|
0.44
|
0.49
|
0.92
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
0.47
|
0.54
|
0.24
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.20
Lower than Peers by 0.60
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
1.20
|
1.20
|
1.13
|
1.47
|
--
|
|
Peer Median
|
1.81
|
1.43
|
1.46
|
1.49
|
--
|
Quick Ratio
1.12
Lower than Peers by 0.35
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
1.12
|
1.12
|
1.04
|
1.34
|
--
|
|
Peer Median
|
1.48
|
--
|
2.20
|
--
|
--
|
Interest Coverage
1.61
Lower than Peers by 0.68
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
1.61
|
1.35
|
1.38
|
1.14
|
--
|
|
Peer Median
|
2.29
|
2.80
|
2.25
|
4.39
|
--
|
Operating Efficiency
Debtors to sales
59.39
Lower than Peers by 0.36
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
59.39
|
58.53
|
37.36
|
51.93
|
--
|
|
Peer Median
|
59.76
|
--
|
76.01
|
--
|
--
|
Asset Turnover
1.19
Higher than Peers by 0.86
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
1.19
|
1.22
|
1.54
|
0.88
|
--
|
|
Peer Median
|
0.33
|
--
|
1.01
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
170.27
|
110.82
|
189.45
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
17.40
|
16.06
|
31.53
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
134.56
|
83.95
|
143.73
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
--
|
53.10
|
42.93
|
77.26
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
101.17
Higher than Peers by 65.16
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
101.17
|
78.26
|
122.23
|
577.60
|
--
|
|
Peer Median
|
36.01
|
32.57
|
66.94
|
97.82
|
--
|
Price / Book Value
3.05
Higher than Peers by 1.13
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
3.05
|
2.18
|
2.88
|
4.38
|
--
|
|
Peer Median
|
1.92
|
3.12
|
7.91
|
7.98
|
--
|
Dividend Yield
0.31
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
0.31
|
0.44
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
19.44
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
19.44
|
12.63
|
19.79
|
57.32
|
--
|
|
Peer Median
|
--
|
15.74
|
54.19
|
50.31
|
--
|
Market Cap
2,231
Lower than Peers by 4,827
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajel Projects
|
2,231
|
1,587
|
1,890
|
2,476
|
--
|
|
Peer Median
|
7,058
|
1,882
|
3,821
|
2,743
|
--
|