Bajel Projects (NSE:BAJEL) EV-to-EBIT: 27.49 (As of Sep. 09, 2026) — 17% Below Median

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NSE:BAJEL Bajel Projects Ltd NSE:BAJEL
35 GF Score
Price ₹183.62
GF Value ₹248.70
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Bajel Projects EV-to-EBIT?

Bajel Projects NSE:BAJEL -2.04% 35 EV-to-EBIT is 27.49 as of Sep. 09, 2026, which is 17% below its 10-year median of 33.29. GuruFocus rates NSE:BAJEL with a GF Score™ of 35/100 and a GF Value™ of ₹248.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 465 Utilities - Regulated companies, Bajel Projects ranks worse than 86.88% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Bajel Projects's Enterprise Value is ₹24,598 Mil. Bajel Projects's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹895 Mil. Therefore, Bajel Projects's EV-to-EBIT for today is 27.49.

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

NSE:BAJEL' s EV-to-EBIT Range Over the Past 10 Years
Min: -1274.8   Med: 33.29   Max: 385.63
Current: 27.49

During the past 4 years, the highest EV-to-EBIT of Bajel Projects was 385.63. The lowest was -1274.80. And the median was 33.29.

NSE:BAJEL's EV-to-EBIT is ranked worse than
86.88% of 465 companies
in the Utilities - Regulated industry
Industry Median: 13.75 vs NSE:BAJEL: 27.49

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Bajel Projects's Enterprise Value for the quarter that ended in Jun. 2026 was ₹22,332 Mil. Bajel Projects's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹895 Mil. Bajel Projects's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.01%.


Bajel Projects  (NSE:BAJEL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Bajel Projects's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=894.889/22331.83494
=4.01 %

Bajel Projects's Enterprise Value for the quarter that ended in Jun. 2026 was ₹22,332 Mil.
Bajel Projects's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹895 Mil.

* 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 EV-to-EBIT Related Terms


Bajel Projects EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Bajel Projects's EV-to-EBIT 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 EV-to-EBIT Chart

Bajel Projects Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
0.00 141.58 28.52 21.30

Bajel Projects Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT 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 Premium Member Only 34.20 26.11 24.30 21.30 24.98

NSE:BAJEL vs NEE, SO, DUK: EV-to-EBIT Comparison

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

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

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


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

Bajel Projects EV-to-EBIT Calculation

Bajel Projects's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24597.658/894.889
=27.49

Bajel Projects's current Enterprise Value is ₹24,598 Mil.
Bajel Projects's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹895 Mil.

* 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 EV-to-EBIT →
What does a EV-to-EBIT of 27.49 mean?
Bajel Projects (NSE:BAJEL) has a EV-to-EBIT of 27.49 as of Sep. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Bajel Projects and its competitors. This is 17% below median its historical median of 33.29. According to the industry distribution chart, Bajel Projects ranks #404 out of 465 companies in the Utilities - Regulated industry, placing it in the top 86.9%.
Is Bajel Projects' EV-to-EBIT too high?
Bajel Projects' current EV-to-EBIT of 27.49 is 17% below median its 10-year median of 33.29. The Utilities - Regulated industry median EV-to-EBIT is 13.75. Bajel Projects' value of 27.49 is 99.9% above this industry median. Based on the distribution chart, Bajel Projects ranks #404 out of 465 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Bajel Projects has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' EV-to-EBIT compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #404 out of 465 companies for EV-to-EBIT. This places Bajel Projects in the lower half of its industry. The industry median EV-to-EBIT is 13.75. Bajel Projects' value of 27.49 is 99.9% above this benchmark. While the company's 10-year median is 33.29 vs. the industry median of 13.75, 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 EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.75, based on 465 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajel Projects's current EV-to-EBIT of 27.49 is 99.9% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Bajel Projects and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current EV-to-EBIT is 27.49, which is 17% below median its own 10-year median of 33.29. 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?
Based on GuruFocus' analysis, Bajel Projects (NSE:BAJEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹248.70, compared to a current price of ₹183.62 — trading 26.2% below its estimated fair value. The current EV-to-EBIT is 27.49, which is 17% below median its 10-year median of 33.29 and 99.9% above the Utilities - Regulated industry median of 13.75. Bajel Projects' overall GF Score™ is 35/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Bajel Projects (NSE:BAJEL), the current EV-to-EBIT is 27.49 as of Sep. 09, 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.

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

Based on GuruFocus' analysis, Bajel Projects stock appears to be undervalued. The current stock price of ₹183.62 is trading 26.2% below its estimated GF Value™ of ₹248.70. GuruFocus considers Bajel Projects to be Modestly Undervalued.

Key valuation signals for NSE:BAJEL:

  • EV-to-EBIT: 27.49 (17% below median its 10-year median of 33.29)
  • GF Value™: ₹248.70 vs. price of ₹183.62 (26.2% below fair value)
  • GF Score™: 35/100 with 3 warning signs
  • Industry Position: 99.9% above the Utilities - Regulated median (#404 of 465)

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

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

₹183.62
Price
₹248.70
GF Value