BAJEL PROJECTS LTD

NSE:BAJEL India Utilities - Regulated Electric
Market Cap
$234.46 Million
₹20.31 Billion INR
Market Cap Rank
#23876 Global
#1241 in India
Share Price
₹175.52
Change (1 day)
+4.51%
52-Week Range
₹139.96 - ₹257.57
All Time High
₹320.95
About

Bajel Projects Limited engages in the engineering, procurement, and construction (EPC) for power transmission and distribution projects in India and internationally. The company offers turnkey solutions, including engineering, designing, testing, manufacturing, executing, and commissioning of EHV transmission lines; and constructs new infrastructure, as well as the augmentation of existing infras… Read more

BAJEL PROJECTS LTD (BAJEL) - Net Assets

Latest net assets as of September 2025: ₹7.06 Billion INR

Based on the latest financial reports, BAJEL PROJECTS LTD (BAJEL) has net assets worth ₹7.06 Billion INR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹19.94 Billion) and total liabilities (₹12.88 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ₹7.06 Billion
% of Total Assets 35.4%
Annual Growth Rate 9.33%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 8.05

BAJEL PROJECTS LTD - Net Assets Trend (2023–2025)

This chart illustrates how BAJEL PROJECTS LTD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for BAJEL PROJECTS LTD (2023–2025)

The table below shows the annual net assets of BAJEL PROJECTS LTD from 2023 to 2025.

Year Net Assets Change
2025-03-31 ₹6.66 Billion +17.68%
2024-03-31 ₹5.66 Billion +1.58%
2023-03-31 ₹5.57 Billion --

Equity Component Analysis

This analysis shows how different components contribute to BAJEL PROJECTS LTD's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 19567100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ₹183.06 Million 2.75%
Common Stock ₹231.21 Million 3.47%
Other Comprehensive Income ₹6.19 Billion 92.85%
Other Components ₹62.05 Million 0.93%
Total Equity ₹6.66 Billion 100.00%

BAJEL PROJECTS LTD Competitors by Market Cap

The table below lists competitors of BAJEL PROJECTS LTD ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in BAJEL PROJECTS LTD's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,661,715,000 to 6,662,734,000, a change of 1,001,019,000 (17.7%).
  • Net income of 154,635,000 contributed positively to equity growth.
  • Other comprehensive income increased equity by 815,002,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹154.63 Million +2.32%
Other Comprehensive Income ₹815.00 Million +12.23%
Other Changes ₹31.38 Million +0.47%
Total Change ₹- 17.68%

Book Value vs Market Value Analysis

This analysis compares BAJEL PROJECTS LTD's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 3.06x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 3.62x to 3.06x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2023-03-31 ₹48.42 ₹175.52 x
2024-03-31 ₹49.11 ₹175.52 x
2025-03-31 ₹57.31 ₹175.52 x

Capital Efficiency Dashboard

This dashboard shows how efficiently BAJEL PROJECTS LTD utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 2.32%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.60%
  • • Asset Turnover: 1.25x
  • • Equity Multiplier: 3.11x
  • Recent ROE (2.32%) is above the historical average (0.93%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2023 -0.28% -0.28% 0.61x 1.68x ₹-573.17 Million
2024 0.76% 0.37% 0.87x 2.37x ₹-523.31 Million
2025 2.32% 0.60% 1.25x 3.11x ₹-511.64 Million

Industry Comparison

This section compares BAJEL PROJECTS LTD's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

  • Industry: Utilities - Regulated Electric
  • Average net assets among peers: $241,215,283,467
  • Average return on equity (ROE) among peers: 6.86%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
BAJEL PROJECTS LTD (BAJEL) ₹7.06 Billion -0.28% 1.83x $28.31 Million
CESC Limited (CESC) $45.37 Billion 5.89% 0.97x $1.21 Billion
DPSC Limited (DPSCLTD) $8.80 Billion 0.80% 1.07x $11.79 Million
Energy Development Company Limited (ENERGYDEV) $3.28 Billion -4.25% 0.50x $3.40 Million
Gujarat Industries Power Company Limited (GIPCL) $17.56 Billion 10.59% 0.70x $83.34 Million
NLC India Limited (NLCINDIA) $138.71 Billion 10.87% 2.26x $997.91 Million
NTPC Limited (NTPC) $1.05 Trillion 10.09% 1.63x $19.17 Billion
Power Grid Corporation of India Limited (POWERGRID) $429.68 Billion 14.00% 3.23x $14.91 Billion