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Bajel ProjectsNSE:BAJEL +4.24%9 Return-on-Tangible-Equity is 7.57% as of Mar. 2026, which is 362% above its 10-year median of 1.64. GuruFocus rates NSE:BAJEL with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 497 Utilities - Regulated companies, Bajel Projects ranks worse than 84.31% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bajel Projects's annualized net income for the quarter that ended in Mar. 2026 was ₹566 Mil. Bajel Projects's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,476 Mil. Therefore, Bajel Projects's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.57%.
The historical rank and industry rank for Bajel Projects's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BAJEL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.28 Med: 1.64 Max: 2.87
Current: 2.87
During the past 4 years, Bajel Projects's highest Return-on-Tangible-Equity was 2.87%. The lowest was -0.28%. And the median was 1.64%.
NSE:BAJEL's Return-on-Tangible-Equity is ranked worse than 84.31% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.92
vs NSE:BAJEL: 2.87
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Bajel Projects Return-on-Tangible-Equity Related Terms
Bajel Projects Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bajel Projects's Return-on-Tangible-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.
NSE:BAJEL vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Bajel Projects's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bajel Projects's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bajel Projects's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.57% mean?
Bajel Projects (NSE:BAJEL) has a Return-on-Tangible-Equity of 7.57% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bajel Projects and its competitors. This is 362% above median its historical median of 1.64. According to the industry distribution chart, Bajel Projects ranks #419 out of 497 companies in the Utilities - Regulated industry, placing it in the top 84.3%.
Is Bajel Projects' Return-on-Tangible-Equity too high?
Bajel Projects' current Return-on-Tangible-Equity of 7.57% is 362% above median its 10-year median of 1.64. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.92. Bajel Projects' value of 7.57% is 30.7% below this industry median. Based on the distribution chart, Bajel Projects ranks #419 out of 497 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Bajel Projects has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #419 out of 497 companies for Return-on-Tangible-Equity. This places Bajel Projects in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.92. Bajel Projects' value of 7.57% is 30.7% below this benchmark. While the company's 10-year median is 1.64 vs. the industry median of 10.92, 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 Return-on-Tangible-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.92, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajel Projects's current Return-on-Tangible-Equity of 7.57% is 30.7% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bajel Projects and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current Return-on-Tangible-Equity is 7.57%, which is 362% above median its own 10-year median of 1.64. 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 Return-on-Tangible-Equity of 7.57%. The current Return-on-Tangible-Equity is 7.57%, which is 362% above median its 10-year median of 1.64 and 30.7% below the Utilities - Regulated industry median of 10.92. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Bajel Projects (NSE:BAJEL), the current Return-on-Tangible-Equity is 7.57% 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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