Bajel Projects Q4 FY26 Share Price & Earnings Call Analysis

Financials of Bajel Projects

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Bajel Projects

Quarterly Results

Quarter-by-quarter operating performance

Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +4895126626228016086145621,008
Expenses +481505646608781591593538977
Operating Profit8717152116202531
OPM %2%1%3%2%3%3%3%4%3%
Other Income +101257787-37
Interest10912151716171614
Depreciation223345556
Profit before tax6773646017
Tax %-10%26%46%57%24%28%36%185%17%
Net Profit +7641534-014
EPS in Rs0.610.480.320.130.420.260.31-0.041.22

Financials of Bajel Projects

Profit & Loss

Annual income statement trend

Mar 2024Mar 2025Mar 2026
Sales +1,1692,5982,792
Expenses +1,1592,5322,701
Operating Profit106691
OPM %1%3%3%
Other Income +183119
Interest196063
Depreciation61320
Profit before tax42427
Tax %-17%35%25%
Net Profit +41520
EPS in Rs0.371.341.75
Dividend Payout %0%0%34%

Financials of Bajel Projects

Balance Sheet

Capital structure and asset base

Mar 2024Mar 2025Mar 2026
Equity Capital232323
Reserves543643724
Borrowings +15140367
Other Liabilities +7621,2691,424
Total Liabilities1,3432,0752,538
Fixed Assets +6998108
CWIP007
Investments38266
Other Assets +1,2711,8952,357
Total Assets1,3432,0752,538

Financials of Bajel Projects

Cash Flows

Operating, investing and financing cash movement

Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +19569
Cash from Investing Activity +-135-128
Cash from Financing Activity +-1568
Net Cash Flow469
Free Cash Flow16835
CFO/OP1,896%105%

Financials of Bajel Projects

Ratios

Working capital efficiency and return ratios

Mar 2024Mar 2025Mar 2026
Debtor Days190136214
Inventory Days422426
Days Payable201145166
Cash Conversion Cycle311574
Working Capital Days63-1223
ROCE %12%10%