Bajel Projects Ltd
Incorporated in 2022, Bajel Projects Ltd is in the business of Engineering, Procurement and Construction[1]Bajel Projects Limited (BPL) is a carved out legal entity from Bajaj Electricals Ltd. It's EPC segment comprises of Power Transmission & Power Distribution. BPL provides end to end solutions ranging from inhouse design, testing, procurement, manufacturing, installation & commissioning of the projects.
- Market Cap ₹ 3,163 Cr.
- Current Price ₹ 274
- High / Low ₹ 330 / 108
- Stock P/E 315
- Book Value ₹ 49.1
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 3.54 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 5.60 times its book value
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.17.6 Cr.
- Company has high debtors of 190 days.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2023 | Mar 2024 | |
---|---|---|
0 | 1,169 | |
0 | 1,159 | |
Operating Profit | -0 | 10 |
OPM % | -6% | 1% |
0 | 18 | |
Interest | 0 | 19 |
Depreciation | 0 | 6 |
Profit before tax | -0 | 4 |
Tax % | 0% | -17% |
-0 | 4 | |
EPS in Rs | 0.37 | |
Dividend Payout % | 0% | 0% |
Compounded Sales Growth | |
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Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 3443% |
Stock Price CAGR | |
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Return on Equity | |
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5 Years: | % |
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Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2023 | Mar 2024 | |
---|---|---|
Equity Capital | 0 | 23 |
Reserves | -0 | 543 |
0 | 15 | |
0 | 762 | |
Total Liabilities | 0 | 1,343 |
0 | 69 | |
CWIP | 0 | 0 |
Investments | 0 | 3 |
0 | 1,271 | |
Total Assets | 0 | 1,343 |
Cash Flows
Figures in Rs. Crores
Mar 2023 | Mar 2024 | |
---|---|---|
-0 | 195 | |
0 | -135 | |
0 | -15 | |
Net Cash Flow | 0 | 46 |
Ratios
Figures in Rs. Crores
Mar 2023 | Mar 2024 | |
---|---|---|
Debtor Days | 190 | |
Inventory Days | 42 | |
Days Payable | 144 | |
Cash Conversion Cycle | 88 | |
Working Capital Days | 63 | |
ROCE % | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
15 Jul - Of Schedule of Analyst / Institutional Investors' Meet.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Jul
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Jul - Notice under Regulation 47 and 30 of the SEBI (LODR) Regulations, 2015, as amended ("SEBI Listing Regulations")
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Certificate pursuant to Regulation 74(5) of the SEBI (Depositaries and Participants) Regulations,2018.
- Grant Of 25,53,000 (Twenty-Five Lakhs Fifty-Three Thousand Only) Stock Options Under The Bajel Projects Limited Employee Stock Option Plan 2024' ('ESOP 2024'/ 'Scheme') 2 Jul
Annual reports
No data available.
Business Overview:[1][2]
BPL is a part of the Bajaj group. It deals in Engineering, Procurement and Construction business. Company is a go-to partner for high voltage and extra high-voltage transmission line projects, substations, UG cabling, poles, monopoles, high mast and electrification projects along with feeder separation and
lift irrigation projects on a full turnkey basis. BPL provides end-to-end solutions ranging from in-house design, testing, procurement, manufacturing, installation & commissioning of the projects.