Bajel ProjectsNSE:BAJEL -1.34%23 Current Ratio is 1.20 as of Mar. 2026, which is 10% below its 10-year median of 1.34. GuruFocus rates NSE:BAJEL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 509 Utilities - Regulated companies, Bajel Projects ranks better than 57.56% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Bajel Projects's current ratio for the quarter that ended in Mar. 2026 was 1.20.
Bajel Projects has a current ratio of 1.20. It generally indicates good short-term financial strength.
The historical rank and industry rank for Bajel Projects's Current Ratio or its related term are showing as below:
NSE:BAJEL'
s Current Ratio Range Over the Past 10 Years
Min: 1.13 Med: 1.34 Max: 2.16
Current: 1.2
During the past 4 years, Bajel Projects's highest Current Ratio was 2.16. The lowest was 1.13. And the median was 1.34.
NSE:BAJEL's Current Ratio is ranked better than 57.56% of 509
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs NSE:BAJEL: 1.20
Bajel Projects (NSE:BAJEL) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Bajel Projects Current Ratio Related Terms
Bajel Projects Current Ratio Historical Data
* Premium members only.
The historical data trend for Bajel Projects's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:BAJEL vs NEE, SO, DUK: Current Ratio Comparison
For the Utilities - Regulated Electric subindustry, Bajel Projects's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bajel Projects Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bajel Projects's Current Ratio distribution charts can be found below:
* The bar in red indicates where Bajel Projects's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bajel Projects (NSE:BAJEL) has a Current Ratio of 1.20 as of Mar. 2026. This is 10% below median its historical median of 1.34. Over the past decade, Bajel Projects' Current Ratio has ranged from 1.13 to 2.16. According to the industry distribution chart, Bajel Projects ranks #216 out of 509 companies in the Utilities - Regulated industry, placing it in the top 42.4%.
Is Bajel Projects' Current Ratio too high?
Bajel Projects' current Current Ratio of 1.20 is 10% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 2.16. The Utilities - Regulated industry median Current Ratio is 1.08. Bajel Projects' value of 1.20 is 11.1% above this industry median. Based on the distribution chart, Bajel Projects ranks #216 out of 509 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Bajel Projects has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' Current Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #216 out of 509 companies for Current Ratio. This puts Bajel Projects in the upper half of its industry. The industry median Current Ratio is 1.08. Bajel Projects' value of 1.20 is 11.1% above this benchmark. Historically, Bajel Projects' own Current Ratio has ranged from 1.13 to 2.16 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.08, Bajel Projects has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajel Projects's current Current Ratio of 1.20 is 11.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current Current Ratio is 1.20, which is 10% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajel Projects stock overvalued right now?
Bajel Projects (NSE:BAJEL) has a current Current Ratio of 1.20. The current Current Ratio is 1.20, which is 10% below median its 10-year median of 1.34 and 11.1% above the Utilities - Regulated industry median of 1.08. Bajel Projects' overall GF Score™ is 23/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Bajel Projects (NSE:BAJEL), the current Current Ratio is 1.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Bajel Projects Ltd is a Superior company in the business of four main segments, which are Power Transmission, Power Distribution, Monopoles and International Business. It is known for its project management skills and driving operations excellence, making it a preferred partner for several states, international governments, and private infrastructural projects. The company also provides services for the manufacturing & installation of Monopoles, Lattice Structures, Lighting Poles & Masts and Galvanizing services.
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