Bajel ProjectsNSE:BAJEL -0.16%11 ROE % 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 11/100. The stock has 2 warning signs investors should review. Among 502 Utilities - Regulated companies, Bajel Projects ranks worse than 80.48% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bajel Projects's annualized net income for the quarter that ended in Mar. 2026 was ₹566 Mil. Bajel Projects's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹7,476 Mil. Therefore, Bajel Projects's annualized ROE % for the quarter that ended in Mar. 2026 was 7.57%.
The historical rank and industry rank for Bajel Projects's ROE % or its related term are showing as below:
NSE:BAJEL'
s ROE % 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 ROE % was 2.87%. The lowest was -0.28%. And the median was 1.64%.
NSE:BAJEL's ROE % is ranked worse than 80.48% of 502
companies
in the Utilities - Regulated industry
Industry Median: 8.65
vs NSE:BAJEL: 2.87
Bajel Projects (NSE:BAJEL) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Bajel Projects ROE % Related Terms
Bajel Projects ROE % Historical Data
* Premium members only.
The historical data trend for Bajel Projects's ROE % 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.
For the Utilities - Regulated Electric subindustry, Bajel Projects's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bajel Projects's ROE % distribution charts can be found below:
* The bar in red indicates where Bajel Projects's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Bajel Projects (NSE:BAJEL) has a ROE % of 7.57% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total 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 #404 out of 502 companies in the Utilities - Regulated industry, placing it in the top 80.5%.
Is Bajel Projects' ROE % too high?
Bajel Projects' current ROE % of 7.57% is 362% above median its 10-year median of 1.64. The Utilities - Regulated industry median ROE % is 8.65. Bajel Projects' value of 7.57% is 12.5% below this industry median. Based on the distribution chart, Bajel Projects ranks #404 out of 502 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Bajel Projects has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #404 out of 502 companies for ROE %. This places Bajel Projects in the lower half of its industry. The industry median ROE % is 8.65. Bajel Projects' value of 7.57% is 12.5% below this benchmark. While the company's 10-year median is 1.64 vs. the industry median of 8.65, 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.65, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajel Projects's current ROE % of 7.57% is 12.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bajel Projects and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current ROE % 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 ROE % of 7.57%. The current ROE % is 7.57%, which is 362% above median its 10-year median of 1.64 and 12.5% below the Utilities - Regulated industry median of 8.65. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Bajel Projects (NSE:BAJEL), the current ROE % 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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