Bajel Projects (NSE:BAJEL) Days Payable: 93.83 (As of Mar. 2026) — 23% Below Median

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NSE:BAJEL Bajel Projects Ltd NSE:BAJEL
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Price ₹177.74
! 2 Warning Signs
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What is Bajel Projects Days Payable?

Bajel Projects NSE:BAJEL -0.65% 9 Days Payable is 93.83 as of Mar. 2026, which is 23% below its 10-year median of 122.63. GuruFocus rates NSE:BAJEL with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 482 Utilities - Regulated companies, Bajel Projects ranks better than 68.67% on this metric.

Bajel Projects's average Accounts Payable for the three months ended in Mar. 2026 was ₹8,816 Mil. Bajel Projects's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹8,573 Mil. Hence, Bajel Projects's Days Payable for the three months ended in Mar. 2026 was 93.83.

The historical rank and industry rank for Bajel Projects's Days Payable or its related term are showing as below:

NSE:BAJEL' s Days Payable Range Over the Past 10 Years
Min: 83.46   Med: 122.63   Max: 174.72
Current: 110.67

During the past 4 years, Bajel Projects's highest Days Payable was 174.72. The lowest was 83.46. And the median was 122.63.

NSE:BAJEL's Days Payable is ranked better than
68.67% of 482 companies
in the Utilities - Regulated industry
Industry Median: 70.105 vs NSE:BAJEL: 110.67

Bajel Projects's Days Payable increased from Mar. 2025 (72.64) to Mar. 2026 (93.83). It may suggest that Bajel Projects delayed paying its suppliers.


Bajel Projects Days Payable Historical Data

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The historical data trend for Bajel Projects's Days Payable 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.

Bajel Projects Days Payable Chart

Bajel Projects Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Payable
174.72 133.90 83.46 111.35

Bajel Projects Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.64 97.72 123.99 137.62 93.83

NSE:BAJEL vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Bajel Projects's Days Payable, along with its competitors' market caps and Days Payable 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 Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Bajel Projects's Days Payable distribution charts can be found below:

* The bar in red indicates where Bajel Projects's Days Payable falls into.


NSE:BAJEL
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Bajel Projects Ltd NSE:BAJEL
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Bajel Projects Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Bajel Projects's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5462.794 + 8815.564) / 2 ) / 23401.58*365
=7139.179 / 23401.58*365
=111.35

Bajel Projects's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 8815.564) / 1 ) / 8572.777*365 / 4
=8815.564 / 8572.777*365 / 4
=93.83

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 93.83 mean?
Bajel Projects (NSE:BAJEL) has a Days Payable of 93.83 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bajel Projects and its competitors. This is 23% below median its historical median of 122.63. Over the past decade, Bajel Projects' Days Payable has ranged from 83.46 to 174.72. According to the industry distribution chart, Bajel Projects ranks #151 out of 482 companies in the Utilities - Regulated industry, placing it in the top 31.3%.
Is Bajel Projects' Days Payable too high?
Bajel Projects' current Days Payable of 93.83 is 23% below median its 10-year median of 122.63. Over the past 10 years, this metric has ranged from a low of 83.46 to a high of 174.72. The Utilities - Regulated industry median Days Payable is 70.11. Bajel Projects' value of 93.83 is 33.8% above this industry median. Based on the distribution chart, Bajel Projects ranks #151 out of 482 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Bajel Projects has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #151 out of 482 companies for Days Payable. This puts Bajel Projects in the upper half of its industry. The industry median Days Payable is 70.11. Bajel Projects' value of 93.83 is 33.8% above this benchmark. Historically, Bajel Projects' own Days Payable has ranged from 83.46 to 174.72 over the past decade. While the company's 10-year median is 122.63 vs. the industry median of 70.11, 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 Days Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.11, based on 482 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajel Projects's current Days Payable of 93.83 is 33.8% 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 Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Bajel Projects and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current Days Payable is 93.83, which is 23% below median its own 10-year median of 122.63. 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 Days Payable of 93.83. The current Days Payable is 93.83, which is 23% below median its 10-year median of 122.63 and 33.8% above the Utilities - Regulated industry median of 70.11. Bajel Projects' overall GF Score™ is 9/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Bajel Projects (NSE:BAJEL), the current Days Payable is 93.83 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 Business Description

Other Exchanges 544042:India
Address Bhanu Shankar Yagnik Marg, 801 Rustomjee Aspiree, Sion East, Mumbai, MH, IND, 400 022
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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