BP

Bajel Projects Ltd

Q1 FY26Electrical Equipment

Bajel Projects Q1 FY26: Revenue ₹608 Cr, PAT ₹3 Cr

Q1 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹172
Market cap₹2.0K Cr
P/E73.7
Updated24 Sept 2026
Read4 min read

Based on Bajel Projects Ltd's Q1 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue from operations for Q1 FY’26: ₹608 crore - Revenue from operations for Q1 FY’25: ₹512 crore - Year-on-year revenue growth: 19% (₹96 crore increase) - Total income for Q1 FY’26: ₹616 crore - Total income for Q1 FY’25: ₹524 crore - Year-on-year total income growth: 18% - The presentation does not provide explicit sales volume figures. EBITDA for Q1 FY'26: ₹25 Cr, up 33% YoY from ₹19 Cr in Q1 FY'25 - EBITDA Margin for Q1 FY'26: 4.04%, up from 3.58% in Q1 FY'25 (approx.

From Bajel Projects Ltd's Q1 FY26 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Revenue from operations for Q1 FY’26: ₹608 crore
  • Revenue from operations for Q1 FY’25: ₹512 crore
  • Year-on-year revenue growth: 19% (₹96 crore increase)
  • Total income for Q1 FY’26: ₹616 crore
  • Total income for Q1 FY’25: ₹524 crore
  • Year-on-year total income growth: 18%
  • The presentation does not provide explicit sales volume figures.
  • Outlook:
  • RAASTA 2030 strategy targets double-digit revenue growth in years 2-4 (FY27-FY29).

2 more points management made on revenue & sales performance

Profitability & Margins

See what Bajel Projects Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • India plans substantial investment in transmission infrastructure:
  • Rs. 4.25 lakh crore for 2022-27
  • Rs. 4.90 lakh crore for 2027-32
  • Capacity additions in transmission lines and substations (India):
  • Transmission line capacity to grow from 456,716 ckm (FY22) to 648,190 ckm (FY32 forecast)
  • Substation capacity to expand from 10,70,950 MVA (FY22) to 23,45,135 MVA (FY32 forecast)
  • Significant planned capacity additions from FY22-27 and FY27-32 in ckm and MVA detailed on page 27.
  • Global capacity addition forecast for 2024-28 includes large expansions in Asia, Middle East, ANZ, Africa with values ranging from $0.5bn to $16bn and ckm capacities from 3k to 179k ckm.

2 more points management made on capital expenditure plans

Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

5x potential
1Waaree Energies
Rev 1Mar 1
2MTAR Technologie
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Bajel Projects Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Unexecuted Order Book as of 30th June 2025 is ₹3,612 crore (excludes supply orders).
  • Order Book trend (₹ in crores):
  • 31st March 2023: ₹1,638 Cr
  • 31st March 2024: ₹3,598 Cr
  • 31st March 2025: ₹2,984 Cr
  • 30th June 2025: ₹3,612 Cr
  • Order composition by segment (as of 30th June 2025):
  • Power Transmission: 92%
  • Power Distribution (includes Data Center unexecuted orders): 8%
  • International EPC: 0.3%
  • Recent order wins include:
  • 400 kV transmission line connecting Mahan Rewa and extension of 400kV Substation Bay works at Rewa

2 more points management made on order book & pipeline

Bajel Projects Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.0K Cr, net profit ₹14 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Electrical Equipment this season

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Bajel Projects Ltd Q1 FY26 results?

Revenue from operations for Q1 FY’26: ₹608 crore - Revenue from operations for Q1 FY’25: ₹512 crore - Year-on-year revenue growth: 19% (₹96 crore increase) - Total income for Q1 FY’26: ₹616 crore - Total income for Q1 FY’25: ₹524 crore - Year-on-year total income growth: 18% - The presentation does not provide explicit sales volume figures. EBITDA for Q1 FY'26: ₹25 Cr, up 33% YoY from ₹19 Cr in Q1 FY'25 - EBITDA Margin for Q1 FY'26: 4.04%, up from 3.58% in Q1 FY'25 (approx.

What is Bajel Projects Ltd share price analysis?

Bajel Projects Ltd currently shows a neutral. The stock trades at a P/E of 73.7 with a market cap of ₹1,989 Cr. Investors should review the full earnings analysis for detailed insights.

Is Bajel Projects Ltd planning capital expenditure?

India plans substantial investment in transmission infrastructure: - Rs.

Keep Bajel Projects Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.