Synopsis: Small-Cap inventory surged 17% after securing two main EPC orders price ₹200–300 crore every from Energy Grid Company of India Restricted for a 765kV substation challenge in Maharashtra and a 400kV transmission line challenge beneath the Bellary–Davanagere RE scheme.
The shares of one of many main gamers within the infrastructure sector, specialising within the execution of advanced initiatives associated to energy transmission and distribution, are in focus upon securing the 2 Main Tasks from PowerGrid.
With a market capitalization of Rs. 2,226.01 crores within the day’s commerce, the shares of Bajel Tasks Restricted rose by 17 %, reaching a excessive of Rs. 199.80 per share in comparison with its earlier closing value of Rs. 171.15 per share.
What Occurred
Bajel Tasks Restricted is in focus after the corporate secured a serious EPC order (Rs. 200 Cr to Rs. 300 Cr) from Energy Grid Company of India Restricted for a 765kV AIS substation bundle in Maharashtra. The challenge has been awarded on behalf of PGCIL’s SPV, NES Pune East New Transmission Restricted.
The contract consists of the development of a brand new 765/400kV AIS substation at Pune East, together with bay extension works on the present Karjat and Lonikand-II substations. The order is a part of a key community growth challenge geared toward lowering transmission constraints within the Pune area.
The challenge is anticipated to be accomplished inside 21 months from the date of award notification and additional strengthens Bajel Tasks’ presence within the high-voltage transmission and distribution EPC phase.
Together with it, the corporate has additionally secured a serious EPC order (Rs. 200 Cr to Rs. 300 Cr) from Energy Grid Company of India Restricted for a 400kV transmission line challenge beneath the Bellary–Davanagere renewable vitality evacuation scheme.
The challenge includes the development of a virtually 70 km 400kV (Quad) double-circuit transmission line connecting the Bellary and Davanagere substations. The order is an element of a bigger transmission strengthening initiative geared toward integrating an extra 3 GW of renewable vitality capability into the nationwide grid.
The contract has been awarded on behalf of PGCIL’s SPV, Bellary Davanagere Energy Transmission Restricted, and is scheduled to be accomplished inside 21 months from the notification of award.
Financials & Others
The corporate’s income declined by 9.65 % from Rs. 622.39 crores in December 2024 to Rs. 562.34 crores in December 2025. In the meantime, Web revenue from Rs. 1.46 crores turned to a lack of Rs. 0.42 crores in the identical interval.
The corporate reveals a good ROCE of 12.1% and a low ROE of two.5%, supported by a conservative debt-to-equity ratio of 0.16, indicating robust capital effectivity with minimal leverage.
Bajel Tasks Restricted (Bajel) is a number one participant within the energy infrastructure sector, with a powerful presence in each Energy Transmission and Energy Distribution. Previously a part of Bajaj Electricals Restricted’s EPC phase, the corporate carries ahead the values and experience that guided its development over twenty years.
The corporate has a worldwide presence in over 7 nations and brings 20+ years of EPC and manufacturing expertise. As of thirty first December 2025, the corporate’s EPC order guide stood at Rs. 2,912 crore, with a manufacturing capability of 39,525 MTPA reported in 9M FY’26.
As a part of the Bajaj group, Bajel is recognised for its challenge administration capabilities and operational excellence, making it a trusted associate for state, nationwide, and worldwide utilities, in addition to non-public infrastructure gamers.
Disclaimer: The views and funding suggestions expressed by funding specialists/broking homes/score businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a danger of monetary losses. Buyers should due to this fact train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Personal Restricted or the creator usually are not responsible for any losses brought about because of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.
