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Bajel Projects Ltd

Q1 FY27Electrical Equipment

Bajel Projects Q1 FY27: Revenue ₹567 Cr, PAT ₹4.5 Cr

Q1 FY27 investor presentation: what the company reported on revenue, margins and projects.

Price₹172
Market cap₹2.0K Cr
P/E73.7
Updated24 Sept 2026
Read5 min read

Based on Bajel Projects Ltd's Q1 FY27 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'27: ₹567 crores, down 7% YoY from ₹608 crores in Q1 FY'26 (Page 24, Page 21) - Total Income for Q1 FY'27: ₹572 crores, down 7% YoY from ₹616 crores in Q1 FY'26 (Page EBITDA (Q1 FY’27): ₹23.6 crore, down 5% YoY from ₹24.9 crore in Q1 FY’26 - EBITDA Margin (Q1 FY’27): 4.1%, slightly up from 4.0% in Q1 FY’26, highlighting improved operational efficiency - Profit After Tax (PAT) (Q1 FY’27): ₹4.5 crore, up 37% YoY from ₹3.3 crore in Q1 FY’26 - Revenue from Operations: ₹566.9 crore, down 7% YoY from ₹607.6 crore - Margin Outlook: The presentation emphasizes margin expansion driven by operational efficiency and cost management but does not state an explicit numeric margin outlook for future quarters.

From Bajel Projects Ltd's Q1 FY27 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Revenue from Operations for Q1 FY'27: ₹567 crores, down 7% YoY from ₹608 crores in Q1 FY'26 (Page 24, Page 21)
  • Total Income for Q1 FY'27: ₹572 crores, down 7% YoY from ₹616 crores in Q1 FY'26 (Page 24)
  • The unexecuted order book is the highest ever, up 12% YoY, indicating a strong pipeline (Page 21)
  • No explicit volume figures reported for the quarter
  • Outlook: Execution momentum expected to accelerate through FY27; confident in converting order book into sustained, profitable growth (Page 24, Page 22)

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 Transmission Infrastructure investment: Rs. 4.25 lakh crore (2022-27) and Rs. 4.90 lakh crore (2027-32) to strengthen transmission lines and substations (Page 28).
  • Transmission line capacity additions: 1,14,687 ckm (FY22–27E), 76,787 ckm (FY27E–32E) (Page 28).
  • Substation capacity additions: 7,76,330 MVA (FY22–27E), 4,97,855 MVA (FY27E–32E) (Page 28).
  • Significant capacity additions expected in Asia, Middle East, ANZ & Africa regions, e.g., 179k ckm / $16bn in Rest of Asia, 106k ckm / $10bn in SAARC, 81k ckm / $9bn in SEA (Page 29).
  • New 400/220/33 kV GIS Substation for Data Center (₹300+ cr) secured; construction ongoing (Page 12).

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
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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 2026 stands at ₹4,055 crores, highest ever since listing, representing a 12% year-on-year growth.
  • Order book composition: 82% Power Transmission, 9% New Energies (formerly Power Distribution), 9% International EPC.
  • Major orders bagged recently include:
  • ₹200+ crore construction of 400kV transmission line under Bellary–Davanagere RE evacuation scheme.
  • ₹200+ crore construction of 765kV New AIS Substation at Pune East plus Bay Extension works at Karjat SS and Lonikand-II SS.
  • ₹400+ crore Ultra-Mega Order from Egypt for a 500 kV Overhead Transmission Line.

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 →

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Frequently Asked Questions

What were Bajel Projects Ltd Q1 FY27 results?

Revenue from Operations for Q1 FY'27: ₹567 crores, down 7% YoY from ₹608 crores in Q1 FY'26 (Page 24, Page 21) - Total Income for Q1 FY'27: ₹572 crores, down 7% YoY from ₹616 crores in Q1 FY'26 (Page EBITDA (Q1 FY’27): ₹23.6 crore, down 5% YoY from ₹24.9 crore in Q1 FY’26 - EBITDA Margin (Q1 FY’27): 4.1%, slightly up from 4.0% in Q1 FY’26, highlighting improved operational efficiency - Profit After Tax (PAT) (Q1 FY’27): ₹4.5 crore, up 37% YoY from ₹3.3 crore in Q1 FY’26 - Revenue from Operations: ₹566.9 crore, down 7% YoY from ₹607.6 crore - Margin Outlook: The presentation emphasizes margin expansion driven by operational efficiency and cost management but does not state an explicit numeric margin outlook for future quarters.

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 Transmission Infrastructure investment: Rs.

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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.