StockWatch
·
Power - Transmission
Quarterly Result27 May 2026, 08:41 pm

Bajel Projects Announces Maiden Dividend; FY26 PAT Up 74%

AI Summary

Bajel Projects Ltd reported strong FY26 results, with revenue from operations at ₹2,792 Cr, a healthy growth over the previous year. Profit Before Tax and Exceptional Items for FY26 stood at ₹42 Cr, up 73%. Profit After Tax for FY26 stood at ₹27 Cr, up 74% year-on-year. The Board recommended a dividend of ₹0.60 per equity share (30% payout). The company secured significant orders including an ultra-mega order from MSETCL and entered into a joint venture with Al Sharif Group in Saudi Arabia.

Key Highlights

  • FY26 revenue from operations reached ₹2,792 Cr, reflecting healthy growth.
  • FY26 Profit After Tax increased by 74% to ₹27 Cr.
  • EBITDA for FY26 grew 38% YoY to ₹125 Cr, with margin expansion to 4.4%.
  • Bajel announced a maiden dividend of ₹0.60 per share.
  • Secured ultra-mega order from MSETCL and formed JV with Al Sharif Group.