ScoreWhy is Bajel Projects Ltd ?
1
Poor Management Efficiency with a low ROE of 3.82%
- The company has been able to generate a Return on Equity (avg) of 3.82% signifying low profitability per unit of shareholders funds
2
Flat results in Dec 25
- PAT(Q) At Rs -0.42 cr has Fallen at -113.1% (vs previous 4Q average)
- NET SALES(Q) Lowest at Rs 562.34 cr
- NON-OPERATING INCOME(Q) is 59.46 % of Profit Before Tax (PBT)
3
With ROE of 4.1, it has a Expensive valuation with a 4 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -13.34%, its profits have fallen by -15.8%
4
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 0.10% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -13.34% returns
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Bajel Projects should be less than 10%
- Overall Portfolio exposure to Heavy Electrical Equipment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Heavy Electrical Equipment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Bajel Projects for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Bajel Projects
-15.17%
-0.30
43.81%
Sensex
-3.1%
-0.49
12.94%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
62.19%
EBIT Growth (5y)
71.66%
EBIT to Interest (avg)
1.11
Debt to EBITDA (avg)
2.47
Net Debt to Equity (avg)
0.25
Sales to Capital Employed (avg)
2.32
Tax Ratio
26.82%
Dividend Payout Ratio
103.02%
Pledged Shares
2.55%
Institutional Holding
9.74%
ROCE (avg)
3.88%
ROE (avg)
3.75%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
75
Industry P/E
36
Price to Book Value
2.97
EV to EBIT
30.60
EV to EBITDA
24.14
EV to Capital Employed
2.58
EV to Sales
0.87
PEG Ratio
0.49
Dividend Yield
0.31%
ROCE (Latest)
8.27%
ROE (Latest)
3.75%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Bullish
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
PAT(Latest six months)
Higher at Rs 18.87 cr
-8What is not working for the Company
OPERATING CF(Y)
Lowest at Rs 21.09 Cr
NET SALES(Q)
At Rs 566.88 cr has Fallen at -18.8% (vs previous 4Q average
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.69 times
PAT(Q)
At Rs 4.73 cr has Fallen at -6.7% (vs previous 4Q average
NON-OPERATING INCOME(Q)
is 71.71 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is not working for Bajel Projects
Operating Cash Flow - Annually
Lowest at Rs 21.09 Cr and Fallen
each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)
Net Sales - Quarterly
At Rs 566.88 cr has Fallen at -18.8% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 697.90 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 4.73 cr has Fallen at -6.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 5.07 CrMOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Non Operating Income - Quarterly
is 71.71 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Debtors Turnover Ratio- Half Yearly
Lowest at 1.69 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
