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Bajel Projects PE ratio, market cap and valuation

NSE: BAJELBSE: 544042Electrical EquipmentSmall Cap

Last close ₹153.48down ₹1.67 (1.08%)BSE ₹153.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹155.15.

52-week range of traded prices to 23 Oct 2026
₹135.10Low, 30 Mar 2026₹215.50High, 29 May 2026
Market cap
₹1,776 Cr1,161st largest listed
P/E
80.5
P/E without one-offs
59.6
P/B
2.4
Dividend yield
0.39%
ROE
3.1%
ROE without one-offs
4.2%
ROCE
7.3%
Debt to equity
0.47
Volume, NSE
3,73,97546.3% delivered

Bajel Projects PE ratio and valuation against its own history

Each ratio on 23 Oct 2026 beside its median over each window. The ratios are on standalone accounts to Mar 2025 and consolidated from Mar 2026. The PE ratio is the market cap over the profit of the last twelve months.

  • P/E without one-off items59.65today

    1 year

    Median 99.36

    Today is at or above 0.4% of the 247 days

    3 years, since May 2024

    Median 115.38

    Today is at or above 0.2% of the 598 days

  • Price to book2.38today

    1 year

    Median 2.92

    Today is at or above 2% of the 247 days

    3 years, since Jan 2024

    Median 3.96

    Today is at or above 1% of the 691 days

  • Price to sales0.65today

    1 year

    Median 0.76

    Today is at or above 2% of the 247 days

    3 years, since May 2024

    Median 0.87

    Today is at or above 1% of the 598 days

  • EV to EBITDA19.49today

    1 year

    Median 23.02

    Today is at or above 8% of the 247 days

    3 years, since May 2024

    Median 37.14

    Today is at or above 3% of the 598 days

  • Dividend yield0.39%today

    1 year

    Median 0.00%

    Today is at or above 100% of the 247 days

    3 years, since Jan 2024

    Median 0.00%

    Today is at or above 100% of the 695 days

  • Earnings yield1.24%today

    1 year

    Median 0.80%

    Today is at or above 100% of the 247 days

    3 years, since May 2024

    Median 0.62%

    Today is at or above 100% of the 598 days

Each track ranks every trading day in the window from the day the ratio was lowest to the day it was highest; the dot is today. The share under it is how many of those days the ratio was at or below today's level, so a high share means today is higher than on most days in the window. A window is shown only when the ratio is held on most of its trading days; a day after a loss-making year has no P/E. Dividend yield is in per cent. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.

How each ratio is worked out, with today's figures

The twelve months: Filed 7 AugThe balance sheet: Filed 27 May

  • Price to earnings =Market cap÷Net profit, last twelve months₹22 Cr
  • Price to book =Market cap÷Net worth₹748 Cr
  • Price to sales =Market cap÷Revenue, last twelve months₹2,751 Cr
  • Enterprise value =Market cap+Borrowings₹350 Cr−Cash₹183 Cr
  • EV to EBITDA =Enterprise value÷Operating profit, last twelve months₹100 Cr
  • Market cap =Close×Shares in issue11,57,18,985at 30 Sep 2026

Consolidated accounts, the twelve months to Jun 2026, balance sheet at Mar 2026, ₹ crore.Bajel Projects financials ›

Bajel Projects valuation at each year end

On the last trading day of each March, the month the company's year ends.Bajel Projects dividend history

RatioMar 2024Mar 2025Mar 2026
Market cap (₹ crore)2,4771,8951,588
Price to earningsNo full year107.0144.9
Price to book4.43.22.2
Price to salesNo full year0.80.6
EV to EBITDANo full year40.316.9
Dividend yield0.00%0.00%0.00%
Earnings yieldNo full year0.9%0.7%
A ratio that does not exist on the day says why in its cell. The ratios are on standalone accounts to Mar 2025 and consolidated from Mar 2026.

Bajel Projects market cap, since Jan 2024

The last trading day of each month.

Market cap, ₹ crore

  • Market cap

Earnings per share, book value and enterprise value

From the close on 23 Oct 2026, with the last twelve months' results.

Enterprise value
₹1,943 Cr
Earnings per share
₹1.91
Book value per share
₹64.60
Dividends, last 12 months
₹0.60
Public's market cap
₹666 Cr

Against Heavy Electrical Equipment

48 listed companies in Heavy Electrical Equipment, each priced on its last trading day; Bajel Projects is 30th among them by market cap. Each median leaves out Bajel Projects itself and takes the other companies that have the figure.

Industry median P/E
31.1Across 37 other companies
Industry median P/B
5.4Across 39 other companies
Industry median EV/EBITDA
25.8Across 34 other companies
Industry median dividend yield
0.36%Across 25 other companies