Bajel Projects Ltd
Bajel Projects Q3 FY25: Revenue ₹622.4 Cr, PAT ₹1.5 Cr
Q3 FY25 investor presentation: what the company reported on revenue, margins and projects.
Based on Bajel Projects Ltd's Q3 FY25 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 Q3 FY'25: ₹622.4 crore, up 126% YoY from ₹275.1 crore in Q3 FY'24 (Page 23). Q3 FY'25 EBITDA: ₹22.1 crore, up 119% YoY (from ₹10.1 crore in Q3 FY'24) - Q3 FY'25 EBITDA Margin: 3.5%, slightly down from 3.7% YoY - Q3 FY'25 Profit After Tax (PAT): ₹1.5 crore, down 57% YoY (from ₹3.4 crore in Q3 FY'24) - Explicit Margin Outlook: The presentation targets "high single digit EBITDA margins" by Year 4-6 in the RAASTA 2030 strategy roadmap (page 30), indicating an aspiration for improved operating margins over the medium term.
From Bajel Projects Ltd's Q3 FY25 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
- Revenue from Operations for Q3 FY'25: ₹622.4 crore, up 126% YoY from ₹275.1 crore in Q3 FY'24 (Page 23).
- Total Income for Q3 FY'25: ₹629.8 crore, up 128% YoY from ₹276.1 crore in Q3 FY'24 (Page 23).
- No explicit volume figures mentioned.
- Revenue Outlook in RAASTA 2030 Strategy (Page 30):
- Year 0-2 (current phase): "Enhance win ratio while improving margins" and "Transform into Digital First organization."
- Year 2-4: "Double digit revenue growth" targeted.
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
- Government investment planned: ₹4.25 lakh crore for 2022-27 and ₹4.90 lakh crore for 2027-32 to strengthen India's transmission infrastructure (Page 27).
- Transmission line capacity additions: 1,14,687 ckm (2022-27E) and 76,787 ckm (2027-32E) (Page 27).
- Substation capacity additions: 7,76,330 MVA (2022-27E) and 4,97,855 MVA (2027-32E) (Page 27).
- Significant capacity additions expected in Asia, Middle East, ANZ & Africa, e.g., SAARC 106k ckm/$10bn, SEA 81k ckm/$9bn, Rest of Asia 179k ckm/$16bn (Forecast 2024-28) (Page 28).
- Bajel Projects’ RAASTA 2030 roadmap involves international EPC projects and product supply chain establishment with no specific capex amounts detailed (Pages 29-31).
2 more points management made on capital expenditure plans
Top-ranked in Electrical Equipment
Ranked on what management guided this quarter
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 on 31st Dec 2024 is ₹3,598 crore, up from ₹1,638 crore as on 31st March 2024.
- Order wins in 9M FY'25 include:
- First Data Center Contract for 220/33 KV GIS and Transmission Line in Navi Mumbai.
- Largest single Power Transmission order for 765 kV D/c Beawar – Mandsaur PS Transmission Line in July 2024.
- Supply of Goods and Services Contract for establishment of new 400/220KV Solapur Substation.
- Segment-wise Order Book (as a % of total):
- Power Transmission: 85%
- Power Distribution: 14%
2 more points management made on order book & pipeline
Bajel Projects Ltd — Quarterly revenue & net profit
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.
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What Bajel Projects Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Bajel Projects Ltd Q3 FY25 results?
Revenue from Operations for Q3 FY'25: ₹622.4 crore, up 126% YoY from ₹275.1 crore in Q3 FY'24 (Page 23). Q3 FY'25 EBITDA: ₹22.1 crore, up 119% YoY (from ₹10.1 crore in Q3 FY'24) - Q3 FY'25 EBITDA Margin: 3.5%, slightly down from 3.7% YoY - Q3 FY'25 Profit After Tax (PAT): ₹1.5 crore, down 57% YoY (from ₹3.4 crore in Q3 FY'24) - Explicit Margin Outlook: The presentation targets "high single digit EBITDA margins" by Year 4-6 in the RAASTA 2030 strategy roadmap (page 30), indicating an aspiration for improved operating margins over the medium term.
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?
Government investment planned: ₹4.25 lakh crore for 2022-27 and ₹4.90 lakh crore for 2027-32 to strengthen India's transmission infrastructure (Page 27).
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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.