BP

Bajel Projects Ltd

Q4 FY25Electrical Equipment

Bajel Projects Q4 FY25: Revenue ₹801 Cr, PAT ₹5 Cr

Q4 FY25 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 Q4 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 Q4 FY’25: ₹801 crore, up 64% YoY from ₹489 crore in Q4 FY’24 (Page 23). Q4 FY'25 EBITDA: ₹27 crore (5% increase YoY from ₹26 crore in Q4 FY'24) - Q4 FY'25 Adjusted EBITDA: ₹35 crore (14% increase YoY from ₹30 crore in Q4 FY'24) - Q4 FY'25 EBITDA Margin: 3.4% (down from 5.1% in Q4 FY'24) - Q4 FY'25 Adjusted EBITDA Margin: 4.3% (down from 6.0% in Q4 FY'24) - Q4 FY'25 Profit After Tax (PAT): ₹5 crore (32% decrease YoY from ₹7 crore in Q4 FY'24) - No explicit margin outlook is stated in the presentation for the upcoming quarters or years.

From Bajel Projects Ltd's Q4 FY25 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Revenue from Operations for Q4 FY’25: ₹801 crore, up 64% YoY from ₹489 crore in Q4 FY’24 (Page 23).
  • Total Income for Q4 FY’25: ₹808 crore, up 59% YoY from ₹507 crore in Q4 FY’24 (Page 23).
  • For FY’25, Revenue from Operations was ₹2,598 crore, a 122% increase from ₹1,169 crore in FY’24 (Page 23).
  • Total Income for FY’25 was ₹2,629 crore, a 120% increase over FY’24 (Page 23).
  • Explicit outlook: The long-term strategy (RAASTA 2030) aims for double-digit revenue growth in years 2-4, along with margin and scale improvement (Page 30).

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 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 27).
  • Transmission line capacity additions planned: 1,14,687 ckm (FY22-27), 76,787 ckm (FY27-32); substation capacity additions: 7,76,330 MVA (FY22-27), 4,97,855 MVA (FY27-32) (Page 27).
  • Bajel Projects FY’25 production: 44,741 MTPA; current EPC order book INR 2,984 Cr (Page 9).
  • Ongoing key projects:
  • Loss Reduction project in Pulwama, J&K: 1,285 Ckm LT & 714 Ckm HT lines (On-going) (Page 12).
  • 33/11 kV Substation with 2x8 MVA transformers in Odisha (9 substations, 192 Ckm HT lines) (On-going) (Page 12).
  • Rural electrification under DDUGJY in Bihar: 5,627 Ckm LT & 2,944 Ckm HT lines (On-going) (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
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 on 31st March 2025 stands at ₹3,598 crore, up from ₹2,984 crore in 2024 and ₹1,638 crore in 2023. - The order book composition is: • 88% Power Transmission • 11% Power Distribution (includes unexecuted Data Center orders) • 1% International EPC - Recent order wins include: • Two packages of 400 kV D/C Raipur Tiroda Transmission line from Adani Energy Solutions • Transmission line package for Dausa – Ghiror 765 kV D/C line for power evacuation from Rajasthan REZ • EPC work of 132KV Transmission Lines in Bhopal for Metro Rail Project

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

  • Bharat Heavy Electricals Ltd (Q4 FY25)

    8,993 Crore . Key concall takeaways from Bharat Heavy Electricals Ltd's Q4 FY25 earnings call — and how it ranks against sector peers.

  • Advait Energy Transitions Limited (Q4 FY25)

    FY21: ₹58.0 Cr . Key concall takeaways from Advait Energy Transitions Limited's Q4 FY25 earnings call — and how it ranks against sector peers.

  • GP Eco Solutions (Q4 FY25)

    300 crore. Key concall takeaways from GP Eco Solutions India Ltd's Q4 FY25 earnings call — and how it ranks against sector peers.

  • Exicom Tele-Sys. (Q4 FY25)

    1,500 crores to be executed over next 3 years, ensuring robust revenue and profitability. Key concall takeaways from Exicom Tele-Sys.'s Q4 FY25 earnings call…

🔎 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 Q4 FY25 results?

Revenue from Operations for Q4 FY’25: ₹801 crore, up 64% YoY from ₹489 crore in Q4 FY’24 (Page 23). Q4 FY'25 EBITDA: ₹27 crore (5% increase YoY from ₹26 crore in Q4 FY'24) - Q4 FY'25 Adjusted EBITDA: ₹35 crore (14% increase YoY from ₹30 crore in Q4 FY'24) - Q4 FY'25 EBITDA Margin: 3.4% (down from 5.1% in Q4 FY'24) - Q4 FY'25 Adjusted EBITDA Margin: 4.3% (down from 6.0% in Q4 FY'24) - Q4 FY'25 Profit After Tax (PAT): ₹5 crore (32% decrease YoY from ₹7 crore in Q4 FY'24) - No explicit margin outlook is stated in the presentation for the upcoming quarters or years.

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 transmission infrastructure investment: 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.