The shares of the prominent transmission company hit 5 percent upper circuit in today’s trading session after the company secured a prestigious Ultra Mega order from PowerGrid Corporation of India Limited worth over Rs 400 crore.
With a market capitalization of Rs 2,425.34 crore, the shares of Bajel Projects Ltd were trading at Rs 209.80 per share, increasing around 4.98 percent as compared to the previous closing price of Rs 199.85 apiece.
The shares of Bajel Projects Ltd have seen positive movement after securing a prestigious Ultra Mega order from PowerGrid Corporation of India, valued at over Rs.400 crore. The project involves constructing a 138 km 400kV transmission line and extending 400kV substation bays at Rewa, significantly boosting the company’s order book.
Looking forward to the company’s financial performance, revenue increased by 64 percent from Rs 489 crore in Q4FY24 to Rs 801 crore in Q4FY25. Further, during the same time frame, net profit decreased by 29 percent from Rs 7 crore to Rs 5 crore.
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Bajel Projects Ltd has 8,686+ ckm transmission lines, 76,000+ transformers installed, and 883+ monopoles supplied. Operating across 7+ countries, it has a robust manufacturing unit producing 44,741 MT in FY24–25, supporting EPC projects and advanced power solutions globally.
Bajel Projects’ unexecuted order book stood at Rs.2,984 crore as of March 31, 2025, led by power transmission (88%). Key wins include major 400 kV and 765 kV line packages and metro rail transmission work. The company saw significant execution in FY25, reflecting strong operational capabilities and order momentum.
Bajel Projects foresees major global opportunities, with over 500k ckm of power transmission capacity additions across Asia, the Middle East, ANZ, and Africa. High-growth markets include SEA (81k ckm), SAARC (106k ckm), and Rest of Asia (179k ckm), collectively representing over $38 billion in potential investments.
Bajel Projects Ltd is in the engineering, procurement, and construction business. Its EPC segment comprises Power Transmission & Power Distribution. BPL provides end-to-end solutions ranging from in-house design, testing, procurement, manufacturing, installation & commissioning of the projects.
Written by Abhishek Singh
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