Bajel Projects Ltd
Bajel Projects Q3 FY26: Revenue ₹562 Cr, PAT ₹2 Cr
Q3 FY26 investor presentation: what the company reported on revenue, margins and projects.
Based on Bajel Projects Ltd's Q3 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
Q3 FY’26 Revenue from Operations: ₹562 crore - Q3 FY’25 Revenue from Operations: ₹622 crore - Year-on-year change: -10% - 9M FY’26 Revenue from Operations: ₹1,784 crore - 9M FY’25 Revenue from Operations: ₹1,797 crore - Year-on-year change: -1% - No specific volume figures are provided in the presentation. Q3 FY’26 EBITDA: ₹32 crore, up 45% YoY from ₹22 crore in Q3 FY’25 - Q3 FY’26 EBITDA Margin: 5.6%, up 210 basis points YoY from 3.5% in Q3 FY’25 - Q3 FY’26 Profit After Tax (PAT): ₹2 crore, up 36% YoY from ₹1 crore in Q3 FY’25 - Explicit Margin Outlook: - Management emphasizes a strategic pivot towards "Quality of Earnings" and margin-accretive growth.
From Bajel Projects Ltd's Q3 FY26 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
- Q3 FY’26 Revenue from Operations: ₹562 crore
- Q3 FY’25 Revenue from Operations: ₹622 crore
- Year-on-year change: -10%
- 9M FY’26 Revenue from Operations: ₹1,784 crore
- 9M FY’25 Revenue from Operations: ₹1,797 crore
- Year-on-year change: -1%
- No specific volume figures are provided in the presentation.
- Explicit outlook:
- Management states a strategic pivot towards "Quality of Earnings" over volume, focusing on selective, high-value projects (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 plans substantial investment to strengthen transmission infrastructure:
- Rs. 4.25 lakh crore for 2022-27
- Rs. 4.90 lakh crore for 2027-32
- Transmission line capacity additions:
- FY22-27: 1,14,687 ckm
- FY27-32: 76,787 ckm
- Substation capacity additions (MVA):
- FY22-27: 7,76,330 MVA
- FY27-32: 4,97,855 MVA
- Significant capacity addition opportunities in multiple regions with forecasted capex for 2024-28:
- South Asia (SAARC): 106k ckm / $10bn
- Southeast Asia: 81k ckm / $9bn
- Rest of Asia: 179k ckm / $16bn
- Middle East: 29k ckm / $3bn
- ANZ: 30k ckm / $3bn
- Bajel’s RAASTA 2030 strategy includes:
- Capacity gearing and international EPC/product supply expansion in next 2 years
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 December 2025 stands at ₹3,375 crores.
- Composition of the order book:
- Power Transmission: 93%
- Power Distribution (including Data Center orders): 7%
- International EPC: 0.3%
- Recent Order Updates:
- Secured 400 kV D/C (Quad) Transmission Line for Siwani Jind in Q2 FY26.
- Holding L1 position in multiple tenders with orders expected in Q4 FY26.
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.
Full financials →Continue your research
What Bajel Projects Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Bajel Projects Ltd Q3 FY26 results?
Q3 FY’26 Revenue from Operations: ₹562 crore - Q3 FY’25 Revenue from Operations: ₹622 crore - Year-on-year change: -10% - 9M FY’26 Revenue from Operations: ₹1,784 crore - 9M FY’25 Revenue from Operations: ₹1,797 crore - Year-on-year change: -1% - No specific volume figures are provided in the presentation. Q3 FY’26 EBITDA: ₹32 crore, up 45% YoY from ₹22 crore in Q3 FY’25 - Q3 FY’26 EBITDA Margin: 5.6%, up 210 basis points YoY from 3.5% in Q3 FY’25 - Q3 FY’26 Profit After Tax (PAT): ₹2 crore, up 36% YoY from ₹1 crore in Q3 FY’25 - Explicit Margin Outlook: - Management emphasizes a strategic pivot towards "Quality of Earnings" and margin-accretive growth.
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 to strengthen transmission infrastructure: - 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.