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Bajel ProjectsNSE:BAJEL +0.16%34 Gross Margin % is 18.44% as of Jun. 2026, which is 23% above its 10-year median of 15.05. GuruFocus rates NSE:BAJEL with a GF Score™ of 34/100 and a GF Value™ of ₹245.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 486 Utilities - Regulated companies, Bajel Projects ranks worse than 76.34% on this metric.
The historical rank and industry rank for Bajel Projects's Gross Margin % or its related term are showing as below:
NSE:BAJEL'
s Gross Margin % Range Over the Past 10 Years
Min: 12.62 Med: 15.05 Max: 16.87
Current: 16.87
During the past 4 years, the highestGross Margin % of Bajel Projects was 16.87%. The lowest was 12.62%. And the median was 15.05%.
NSE:BAJEL's Gross Margin % is ranked worse than 76.34% of 486
companies
in the Utilities - Regulated industry
Industry Median: 30.675
vs NSE:BAJEL: 16.87
Bajel Projects had a gross margin of 18.44% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Bajel Projects was 0.00% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Bajel Projects had a gross margin of 18.44% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Bajel Projects Gross Margin % Related Terms
Bajel Projects Gross Margin % Historical Data
* Premium members only.
The historical data trend for Bajel Projects's Gross Margin % 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: Gross Margin % Comparison
For the Utilities - Regulated Electric subindustry, Bajel Projects's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bajel Projects's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bajel Projects's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Bajel Projects (NSE:BAJEL) has a Gross Margin % of 18.44% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bajel Projects and its competitors. This is 23% above median its historical median of 15.05. Over the past decade, Bajel Projects' Gross Margin % has ranged from 12.62 to 16.87. According to the industry distribution chart, Bajel Projects ranks #371 out of 486 companies in the Utilities - Regulated industry, placing it in the top 76.3%.
Is Bajel Projects' Gross Margin % too high?
Bajel Projects' current Gross Margin % of 18.44% is 23% above median its 10-year median of 15.05. Over the past 10 years, this metric has ranged from a low of 12.62 to a high of 16.87. The Utilities - Regulated industry median Gross Margin % is 30.68. Bajel Projects' value of 18.44% is 39.9% below this industry median. Based on the distribution chart, Bajel Projects ranks #371 out of 486 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Bajel Projects has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #371 out of 486 companies for Gross Margin %. This places Bajel Projects in the lower half of its industry. The industry median Gross Margin % is 30.68. Bajel Projects' value of 18.44% is 39.9% below this benchmark. Historically, Bajel Projects' own Gross Margin % has ranged from 12.62 to 16.87 over the past decade. While the company's 10-year median is 15.05 vs. the industry median of 30.68, Bajel Projects has consistently been below 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 Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.68, based on 486 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajel Projects's current Gross Margin % of 18.44% is 39.9% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Bajel Projects and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current Gross Margin % is 18.44%, which is 23% above median its own 10-year median of 15.05. 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 ₹245.22, compared to a current price of ₹192.09 — trading 21.7% below its estimated fair value. The current Gross Margin % is 18.44%, which is 23% above median its 10-year median of 15.05 and 39.9% below the Utilities - Regulated industry median of 30.68. Bajel Projects' overall GF Score™ is 34/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Bajel Projects (NSE:BAJEL), the current Gross Margin % is 18.44% as of Jun. 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 ₹192.09 is trading 21.7% below its estimated GF Value™ of ₹245.22.
GuruFocus considers Bajel Projects to be Modestly Undervalued.
Key valuation signals for NSE:BAJEL:
Gross Margin %: 18.44% (23% above median its 10-year median of 15.05)
GF Value™: ₹245.22 vs. price of ₹192.09 (21.7% below fair value)
Industry Position: 39.9% below the Utilities - Regulated median (#371 of 486)
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 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.
34GF Score
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