Bajel Projects (NSE:BAJEL) Debt-to-Equity: (As of Jun. 2026)

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NSE:BAJEL Bajel Projects Ltd NSE:BAJEL
35 GF Score
Price ₹171.91
GF Value ₹247.13
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Bajel Projects Debt-to-Equity?

Bajel Projects's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. Bajel Projects's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. Bajel Projects's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹ Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bajel Projects's Debt-to-Equity or its related term are showing as below:

NSE:BAJEL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.16   Max: 0.56
Current: 0.49

During the past 4 years, the highest Debt-to-Equity Ratio of Bajel Projects was 0.56. The lowest was 0.00. And the median was 0.16.

NSE:BAJEL's Debt-to-Equity is ranked better than
69.28% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1 vs NSE:BAJEL: 0.49

Bajel Projects  (NSE:BAJEL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bajel Projects Debt-to-Equity Related Terms

Bajel Projects Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Bajel Projects's Debt-to-Equity 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 Debt-to-Equity Chart

Bajel Projects Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
0.00 0.03 0.21 0.49

Bajel Projects Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.16 - 0.49 -

NSE:BAJEL vs NEE, SO, DUK: Debt-to-Equity Comparison

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

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

* The bar in red indicates where Bajel Projects's Debt-to-Equity falls into.


NSE:BAJEL
35GF Score
Bajel Projects Ltd NSE:BAJEL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bajel Projects Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bajel Projects's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(3563.48 + 104.635) / 7475.695
=0.49

Bajel Projects's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=( + ) /
=N/A

* 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.

Is Bajel Projects (NSE:BAJEL) Overvalued in 2026?

Based on GuruFocus' analysis, Bajel Projects stock appears to be undervalued. The current stock price of ₹171.91 is trading 30.4% below its estimated GF Value™ of ₹247.13. GuruFocus considers Bajel Projects to be Significantly Undervalued.

Key valuation signals for NSE:BAJEL:

  • Debt-to-Equity:
  • GF Value™: ₹247.13 vs. price of ₹171.91 (30.4% below fair value)
  • GF Score™: 35/100 with 3 warning signs

No single metric tells the full story. See the NSE:BAJEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

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.
35GF Score

Get the complete analysis for NSE:BAJEL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹171.91
Price
₹247.13
GF Value