Bajel Projects (NSE:BAJEL) ROCE %: 16.11% (As of Mar. 2026)


NSE:BAJEL Bajel Projects Ltd NSE:BAJEL
11 GF Score
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What is Bajel Projects ROCE %?

Bajel Projects NSE:BAJEL -1.72% 11 ROCE % is 16.11% as of Mar. 2026. GuruFocus rates NSE:BAJEL with a GF Score™ of 11/100. The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Bajel Projects's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.11%.

Bajel Projects  (NSE:BAJEL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Bajel Projects ROCE % Related Terms

Bajel Projects ROCE % Historical Data

* Premium members only.

The historical data trend for Bajel Projects's ROCE % 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 ROCE % Chart

Bajel Projects Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
1.25 2.95 11.95 12.26

Bajel Projects Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 13.28 11.39 12.22 9.00 16.11
NSE:BAJEL
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Bajel Projects Ltd NSE:BAJEL
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Bajel Projects ROCE % Calculation

Bajel Projects's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=906.041/( ( (20749.004 - 13737.417) + (25384.647 - 17614.407) )/ 2 )
=906.041/( (7011.587+7770.24)/ 2 )
=906.041/7390.9135
=12.26 %

Bajel Projects's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1251.832/( ( (0 - 0) + (25384.647 - 17614.407) )/ 1 )
=1251.832/( ( 0 + 7770.24 )/ 1 )
=1251.832/7770.24
=16.11 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 16.11% mean?
Bajel Projects (NSE:BAJEL) has a ROCE % of 16.11% as of Mar. 2026.
Is Bajel Projects' ROCE % too high?
Bajel Projects' current ROCE % is 16.11%. The Utilities - Regulated industry median ROCE % is 6.96. Bajel Projects' value of 16.11% is 131.6% above this industry median. Overall, Bajel Projects has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' ROCE % compare to NEE and SO?
Bajel Projects' ROCE % of 16.11% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. Bajel Projects' value of 16.11% is 131.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajel Projects's current ROCE % of 16.11% is 131.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current ROCE % is 16.11%. 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 ROCE % of 16.11%. The current ROCE % is 16.11% and 131.6% above the Utilities - Regulated industry median of 6.96. Bajel Projects' overall GF Score™ is 11/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Bajel Projects (NSE:BAJEL), the current ROCE % is 16.11% 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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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