Bajel Projects Limited - construction in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L31900MH2022PLC375133 Incorporated 19 January 2022 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed Public Limited Company construction
Data last updated
Revenue · FY 2026
₹2,791.58 Cr
▲ 7.44% YoY
EBITDA · FY 2026
₹124.69 Cr
▲ 38.29% YoY
Net profit · FY 2026
₹20.28 Cr
▲ 31.13% YoY
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹23.14 Cr
Issued & subscribed
Open charges
₹2,400 Cr
Satisfied ₹1,390 Cr
Company age
4 yrs
Est. 2022
Employees · EPFO
682
Latest available

About Bajel Projects Limited

Data last updated: 11 January 2026

Bajel Projects Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Bajaj Electricals Limited. It specialises in plumbing services and construction specialties, a part of the broader construction sector. Incorporated on 19 January 2022.

Registered with ROC Mumbai under CIN L31900MH2022PLC375133. Listed.

Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹23.14 Cr. It is led by directors including Maneck Eruch Davar and Sudarshan Sampathkumar.

Last AGM: 14 August 2025. Financial statements filed for year ended 31 March 2025. Office: 801 Rustomjee Aspiree Anik Wadala Link Road Sion East, Mumbai, Maharashtra, India – 400022.

As per the financials filed for FY 2025, the company reported a revenue of ₹2,629.13 Cr, a growth of 120% compared to the previous year.

The company has a workforce of approximately 682 employees as per the latest available data. It operates as a subsidiary of Bajaj Electricals Limited.

The company is associated with 1 brand - Bajel Projects. As per MCA filings, the company has open charges of ₹2,400 Cr and satisfied charges of ₹1,390 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bajelprojects.com.

Company Details of Bajel Projects Limited
CIN L31900MH2022PLC375133
Registration Number 375133
Incorporation Date 19 January 2022
ROC Mumbai
Listing Status Listed
Company Status Active
Date of Last AGM 14 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Bajaj Electricals Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
    **************
  • Registered Address
    801 Rustomjee Aspiree Anik Wadala Link Road Sion East, Mumbai, Maharashtra, India – 400022
  • Industry
    Construction, Plumbing Services & Construction Specialties, Electrical Services, Demolition & Construction Services
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Financials, compliance, directors, charges, ownership and filings for Bajel Projects Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Bajel Projects Limited

Bajel Projects Limited has one previous CIN (Corporate Identification Number): U31900MH2022PLC375133. The current CIN is L31900MH2022PLC375133, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L31900MH2022PLC375133 Current
U31900MH2022PLC375133 Previous

Associated Brands with Bajel Projects Limited

Bajel Projects Limited operates one associated brand: Bajel Projects. These brands represent Bajel Projects Limited's diversified market presence and brand portfolio.

Brand Description Website
Power transmission and distribution solutions are provided internationally. bajelprojects.com

Business Activity of Bajel Projects Limited

Bajel Projects Limited is engaged in the principal business activity of construction, with detailed activities including demolition & site preparation, electrical, plumbing & other specialized construction activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
F Construction F3 Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities *********

Auditor Details of Bajel Projects Limited

Bajel Projects Limited is audited by SRBC and Co. LLP (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
SRBC and Co. LLP (ICAI peer reviewed, certificate valid till 2029-02-28) FY 2026 Declaration of unmodified opinion

Board of Directors of Bajel Projects Limited

Bajel Projects Limited is currently managed by 10 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Maneck Eruch Davar Director 28 Aug 2023 2 Years 10 Months Current
Sudarshan Sampathkumar Director 22 May 2025 1 Years 1 Months Current
Radhika Carlton Pereira Director 28 Aug 2023 2 Years 10 Months Current
Shekhar Bajaj Director 19 Jan 2022 4 Years 5 Months Current
Rajesh Ganesh Ceo 29 Apr 2024 2 Years 2 Months Current
Rajendra Prasad Singh Director 28 Aug 2023 2 Years 10 Months Current
Showing 6 of 10 current directors. View all directors

Financials of Bajel Projects Limited FY 2026 filings available

Bajel Projects Limited reported revenue of ₹2,791.58 Cr (up 7.44% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹2,791.58 Cr ▲ 7.44%
Profit · FY 2026
₹20.28 Cr ▲ 31.13%
EBITDA · FY 2026
₹124.69 Cr ▲ 38.29%
Revenue₹ Cr · Consolidated01,0002,0003,000FY 2025: ₹2,598 Cr2,598FY 2025FY 2026: ₹2,792 Cr · +7.4% YoY2,792+7.4%FY 2026
Net Profit₹ Cr · Consolidated0102030FY 2025: ₹15 Cr15.5FY 2025FY 2026: ₹20 Cr · +31.1% YoY20.3+31.1%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05001,0001,500Q4'25: ₹801 Cr801Q4'25Q1'26: ₹608 Cr608Q1'26Q2'26: ₹614 Cr614Q2'26Q3'26: ₹562 Cr562Q3'26Q4'26: ₹1,008 Cr · +25.7% YoY1,008+25.7%Q4'26
Metrics FY 2026 FY 2025
Revenue from Operations ₹2,791.58 Cr ₹2,598.24 Cr
Other Income ₹26.98 Cr ₹30.9 Cr
Total Income ₹2,818.56 Cr ₹2,629.13 Cr
Cost of Materials Consumed ₹1,933.63 Cr ₹1,981.02 Cr
Purchases of Stock-in-Trade ₹0 ₹0
Changes in Inventories ₹2.86 Cr -₹13.39 Cr
Employee Benefit Expense ₹151.11 Cr ₹120.4 Cr
Finance Costs ₹63.42 Cr ₹53.51 Cr
Depreciation & Amortisation ₹19.69 Cr ₹12.68 Cr
Other Expenses ₹606.27 Cr ₹450.94 Cr
Total Expenses ₹2,776.98 Cr ₹2,605.16 Cr
Profit Before Exceptional Items & Tax ₹41.58 Cr ₹23.97 Cr
Exceptional Items -₹7.72 Cr ₹0
Profit Before Tax ₹33.86 Cr ₹23.97 Cr
Total Tax Expense ₹6.9 Cr ₹8.51 Cr
Net Profit ₹20.28 Cr ₹15.46 Cr
  attributable to Owners ₹0 ₹0
  attributable to NCI ₹0 ₹0
Other Comprehensive Income ₹48.21 Cr -₹9.59 Cr
Total Comprehensive Income ₹68.48 Cr ₹5.87 Cr
EBITDA (computed) ₹124.69 Cr ₹90.17 Cr
Basic EPS ₹1.75 ₹1.34
Diluted EPS ₹1.74 ₹1.33
Metrics FY 2026 FY 2025
Total Assets ₹2,538.46 Cr ₹2,074.9 Cr
Non-current Assets ₹419.75 Cr ₹518.22 Cr
Current Assets ₹2,118.72 Cr ₹1,556.68 Cr
Property, Plant & Equipment ₹90.39 Cr ₹77.53 Cr
Inventories ₹138.51 Cr ₹127.61 Cr
Trade Receivables ₹1,633.78 Cr ₹970.66 Cr
Cash & Equivalents ₹23.72 Cr ₹55.68 Cr
Equity (Net Worth) ₹747.57 Cr ₹666.27 Cr
Equity Share Capital ₹23.14 Cr ₹23.12 Cr
Borrowings (Non-current) ₹0 ₹0
Borrowings (Current) ₹349.96 Cr ₹121 Cr
Total Debt (computed) ₹349.96 Cr ₹121 Cr
Current Liabilities ₹1,761.44 Cr ₹1,373.74 Cr
Total Liabilities ₹1,790.9 Cr ₹1,408.63 Cr
Metrics FY 2026 FY 2025
Operating Cash Flow ₹21.09 Cr ₹69.13 Cr
Investing Cash Flow ₹19.1 Cr -₹128.13 Cr
Financing Cash Flow -₹72.14 Cr ₹68.07 Cr
Capital Expenditure ₹33.77 Cr ₹34.48 Cr
Free Cash Flow (computed) -₹12.68 Cr ₹34.65 Cr
Dividends Paid ₹0 ₹0
Net Change in Cash -₹31.96 Cr ₹9.07 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25
Revenue from Operations ₹1,007.77 Cr ₹562.34 Cr ₹613.83 Cr ₹607.63 Cr ₹801.43 Cr
Other Income ₹6.76 Cr ₹4.87 Cr ₹6.98 Cr ₹8.38 Cr ₹6.6 Cr
Total Income ₹1,014.53 Cr ₹567.21 Cr ₹620.81 Cr ₹616.01 Cr ₹808.03 Cr
Cost of Materials Consumed ₹696.13 Cr ₹378.84 Cr ₹435.69 Cr ₹452.65 Cr ₹570.08 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories ₹32.71 Cr -₹12.77 Cr -₹14.6 Cr -₹2.48 Cr ₹4.38 Cr
Employee Benefit Expense ₹39.94 Cr ₹35.56 Cr ₹39.37 Cr ₹36.25 Cr ₹30.84 Cr
Finance Costs ₹14.31 Cr ₹16.22 Cr ₹17.02 Cr ₹15.87 Cr ₹16.95 Cr
Depreciation & Amortisation ₹5.04 Cr ₹5.22 Cr ₹4.81 Cr ₹4.61 Cr ₹4.06 Cr
Other Expenses ₹207.84 Cr ₹133.54 Cr ₹130.55 Cr ₹104.65 Cr ₹175.4 Cr
Total Expenses ₹995.97 Cr ₹556.62 Cr ₹612.83 Cr ₹611.56 Cr ₹801.7 Cr
Profit Before Exceptional Items & Tax ₹18.56 Cr ₹10.6 Cr ₹7.98 Cr ₹4.45 Cr ₹6.33 Cr
Exceptional Items ₹0 -₹7.72 Cr ₹0 ₹0 ₹0
Profit Before Tax ₹18.56 Cr ₹2.88 Cr ₹7.98 Cr ₹4.45 Cr ₹6.33 Cr
Total Tax Expense ₹2.84 Cr ₹89.23 Lakh ₹2.03 Cr ₹1.13 Cr ₹1.51 Cr
Net Profit ₹14.14 Cr -₹42.15 Lakh ₹3.6 Cr ₹2.96 Cr ₹4.82 Cr
  attributable to Owners ₹0 - - - ₹0
  attributable to NCI ₹0 - - - ₹0
Other Comprehensive Income -₹1.05 Cr ₹24.74 Cr ₹12.55 Cr ₹11.98 Cr -₹8.78 Cr
Total Comprehensive Income ₹13.09 Cr ₹24.32 Cr ₹16.15 Cr ₹14.93 Cr -₹3.96 Cr
EBITDA (computed) ₹37.91 Cr ₹32.04 Cr ₹29.81 Cr ₹24.93 Cr ₹27.33 Cr
Basic EPS ₹1.22 ₹-0.04 ₹0.31 ₹0.26 ₹0.42
Diluted EPS ₹1.22 ₹-0.04 ₹0.31 ₹0.25 ₹0.42
Latest 5 quarters shown.
Metrics FY 2026 FY 2025 FY 2024
Revenue from Operations ₹2,791.58 Cr ₹2,598.24 Cr ₹1,169.21 Cr
Other Income ₹26.98 Cr ₹30.9 Cr ₹25.3 Cr
Total Income ₹2,818.56 Cr ₹2,629.13 Cr ₹1,194.51 Cr
Cost of Materials Consumed ₹1,933.63 Cr ₹1,981.02 Cr ₹161.91 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹687.88 Cr
Changes in Inventories ₹2.86 Cr -₹13.39 Cr ₹18.39 Cr
Employee Benefit Expense ₹151.11 Cr ₹120.4 Cr ₹79.86 Cr
Finance Costs ₹63.42 Cr ₹53.51 Cr ₹18.53 Cr
Depreciation & Amortisation ₹19.69 Cr ₹12.68 Cr ₹5.82 Cr
Other Expenses ₹606.27 Cr ₹450.94 Cr ₹210.75 Cr
Total Expenses ₹2,776.98 Cr ₹2,605.16 Cr ₹1,183.15 Cr
Profit Before Exceptional Items & Tax ₹41.58 Cr ₹23.97 Cr ₹11.36 Cr
Exceptional Items -₹7.72 Cr ₹0 -₹7.68 Cr
Profit Before Tax ₹33.86 Cr ₹23.97 Cr ₹3.68 Cr
Total Tax Expense ₹6.9 Cr ₹8.51 Cr -₹60.81 Lakh
Net Profit ₹26.95 Cr ₹15.46 Cr ₹4.29 Cr
Other Comprehensive Income ₹56.83 Cr -₹9.59 Cr ₹92.22 Lakh
Total Comprehensive Income ₹83.78 Cr ₹5.87 Cr ₹5.21 Cr
EBITDA (computed) ₹124.69 Cr ₹90.17 Cr ₹35.72 Cr
Basic EPS ₹2.33 ₹1.34 ₹0.37
Diluted EPS ₹2.32 ₹1.33 ₹0.37
Metrics FY 2026 FY 2025 FY 2024
Total Assets ₹2,472.16 Cr ₹1,993.29 Cr ₹1,342.87 Cr
Non-current Assets ₹353.44 Cr ₹436.61 Cr ₹241.87 Cr
Current Assets ₹2,118.72 Cr ₹1,556.68 Cr ₹1,100.99 Cr
Property, Plant & Equipment ₹90.39 Cr ₹77.53 Cr ₹69.44 Cr
Inventories ₹138.51 Cr ₹127.61 Cr ₹101.05 Cr
Trade Receivables ₹1,633.78 Cr ₹970.66 Cr ₹607.12 Cr
Cash & Equivalents ₹23.72 Cr ₹55.68 Cr ₹46.61 Cr
Equity (Net Worth) ₹681.26 Cr ₹584.66 Cr ₹566.17 Cr
Equity Share Capital ₹23.14 Cr ₹23.12 Cr ₹23.06 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0
Borrowings (Current) ₹349.96 Cr ₹121 Cr ₹0
Total Debt (computed) ₹349.96 Cr ₹121 Cr ₹0
Current Liabilities ₹1,761.44 Cr ₹1,373.74 Cr ₹747.36 Cr
Total Liabilities ₹1,790.9 Cr ₹1,408.63 Cr ₹776.7 Cr
Metrics FY 2026 FY 2025 FY 2024
Operating Cash Flow ₹21.09 Cr ₹69.13 Cr ₹195.37 Cr
Investing Cash Flow ₹19.1 Cr -₹128.13 Cr -₹134.83 Cr
Financing Cash Flow -₹72.14 Cr ₹68.07 Cr -₹14.58 Cr
Capital Expenditure ₹33.77 Cr ₹34.48 Cr ₹27.05 Cr
Free Cash Flow (computed) -₹12.68 Cr ₹34.65 Cr ₹168.32 Cr
Dividends Paid ₹0 ₹0 ₹0
Net Change in Cash -₹31.96 Cr ₹9.07 Cr ₹45.96 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24
Revenue from Operations ₹1,007.77 Cr ₹562.34 Cr ₹613.83 Cr ₹607.63 Cr ₹801.43 Cr ₹622.38 Cr ₹662.41 Cr ₹512.02 Cr ₹489.16 Cr ₹275.08 Cr ₹199.96 Cr
Other Income ₹6.76 Cr ₹4.87 Cr ₹6.98 Cr ₹8.38 Cr ₹6.6 Cr ₹7.45 Cr ₹5.15 Cr ₹11.7 Cr ₹18.07 Cr ₹96.98 Lakh ₹2.15 Cr
Total Income ₹1,014.53 Cr ₹567.21 Cr ₹620.81 Cr ₹616.01 Cr ₹808.03 Cr ₹629.83 Cr ₹667.56 Cr ₹523.72 Cr ₹507.23 Cr ₹276.05 Cr ₹202.1 Cr
Cost of Materials Consumed ₹696.13 Cr ₹378.84 Cr ₹435.69 Cr ₹452.65 Cr ₹570.08 Cr ₹76.2 Cr ₹64.74 Cr ₹49.62 Cr ₹46.44 Cr ₹55.03 Cr ₹35.5 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹394.13 Cr ₹479.67 Cr ₹346.58 Cr ₹321.98 Cr ₹133.44 Cr ₹106.68 Cr
Changes in Inventories ₹32.71 Cr -₹12.77 Cr -₹14.6 Cr -₹2.48 Cr ₹4.38 Cr ₹7.83 Lakh -₹27.41 Cr ₹9.57 Cr ₹6.85 Cr ₹4.79 Cr ₹8.16 Cr
Employee Benefit Expense ₹39.94 Cr ₹35.56 Cr ₹39.37 Cr ₹36.25 Cr ₹30.84 Cr ₹32.34 Cr ₹31.69 Cr ₹25.53 Cr ₹23.83 Cr ₹21.67 Cr ₹15.65 Cr
Finance Costs ₹14.31 Cr ₹16.22 Cr ₹17.02 Cr ₹15.87 Cr ₹16.95 Cr ₹15.45 Cr ₹11.93 Cr ₹9.19 Cr ₹10.07 Cr ₹3.97 Cr ₹2.16 Cr
Depreciation & Amortisation ₹5.04 Cr ₹5.22 Cr ₹4.81 Cr ₹4.61 Cr ₹4.06 Cr ₹3.21 Cr ₹3.26 Cr ₹2.16 Cr ₹1.75 Cr ₹1.43 Cr ₹1.4 Cr
Other Expenses ₹207.84 Cr ₹133.54 Cr ₹130.55 Cr ₹104.65 Cr ₹175.4 Cr ₹104.99 Cr ₹96.93 Cr ₹73.63 Cr ₹82.21 Cr ₹51.03 Cr ₹37.97 Cr
Total Expenses ₹995.97 Cr ₹556.62 Cr ₹612.83 Cr ₹611.56 Cr ₹801.7 Cr ₹626.4 Cr ₹660.8 Cr ₹516.26 Cr ₹493.14 Cr ₹271.36 Cr ₹207.52 Cr
Profit Before Exceptional Items & Tax ₹18.56 Cr ₹10.6 Cr ₹7.98 Cr ₹4.45 Cr ₹6.33 Cr ₹3.43 Cr ₹6.76 Cr ₹7.46 Cr ₹14.09 Cr ₹4.69 Cr -₹5.42 Cr
Exceptional Items ₹0 -₹7.72 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 -₹7.68 Cr ₹0 ₹0
Profit Before Tax ₹18.56 Cr ₹2.88 Cr ₹7.98 Cr ₹4.45 Cr ₹6.33 Cr ₹3.43 Cr ₹6.76 Cr ₹7.46 Cr ₹6.41 Cr ₹4.69 Cr -₹5.42 Cr
Total Tax Expense ₹2.84 Cr ₹89.23 Lakh ₹2.03 Cr ₹1.13 Cr ₹1.51 Cr ₹1.97 Cr ₹3.1 Cr ₹1.93 Cr -₹65.79 Lakh ₹1.33 Cr -₹97.6 Lakh
Net Profit ₹15.71 Cr ₹1.98 Cr ₹5.94 Cr ₹3.32 Cr ₹4.82 Cr ₹1.46 Cr ₹3.66 Cr ₹5.52 Cr ₹7.07 Cr ₹3.36 Cr -₹4.44 Cr
Other Comprehensive Income ₹10.61 Cr ₹23.73 Cr ₹15.47 Cr ₹7.02 Cr -₹8.78 Cr -₹1.63 Cr ₹44.67 Lakh ₹37.36 Lakh ₹50.03 Lakh ₹14.06 Lakh -₹22.25 Lakh
Total Comprehensive Income ₹26.32 Cr ₹25.71 Cr ₹21.42 Cr ₹10.34 Cr -₹3.96 Cr -₹17.14 Lakh ₹4.11 Cr ₹5.9 Cr ₹7.57 Cr ₹3.5 Cr -₹4.67 Cr
EBITDA (computed) ₹37.91 Cr ₹32.04 Cr ₹29.81 Cr ₹24.93 Cr ₹27.33 Cr ₹22.09 Cr ₹21.94 Cr ₹18.8 Cr ₹25.91 Cr ₹10.09 Cr -₹1.86 Cr
Basic EPS ₹1.36 ₹0.17 ₹0.51 ₹0.29 ₹0.42 ₹0.13 ₹0.32 ₹0.48 ₹0.61 ₹0.29 ₹-0.39
Diluted EPS ₹1.35 ₹0.17 ₹0.51 ₹0.29 ₹0.42 ₹0.13 ₹0.31 ₹0.48 ₹0.61 ₹0.29 ₹-0.39
Latest 11 quarters shown.
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Shareholding Pattern of Bajel Projects Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 62.53%, foreign institutional investors hold 0.51%, domestic institutional investors hold 9.57%, retail and other public shareholders hold 27.39% of Bajel Projects Limited. The company had 83,533 shareholders on record.

Promoters: 62.53%DII (Domestic Institutional): 9.57%FII (Foreign Institutional): 0.51%Retail & Others: 27.39%
Mar 2026
QUARTER
62.53% Promoters
9.57% DII (Domestic Institutional)
0.51% FII (Foreign Institutional)
27.39% Retail & Others
Promoter holding - history
Now 62.53% · Mar 2026High 62.85% · Dec 2023Low 62.53% · Dec 2025
61%61.8%62.5%63.3%64%Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Dec 2023: 62.85%Mar 2024: 62.75%Jun 2024: 62.72%Sep 2024: 62.61%Dec 2024: 62.59%Mar 2025: 62.58%Jun 2025: 62.57%Sep 2025: 62.55%Dec 2025: 62.53%Mar 2026: 62.53%62.85%62.53%62.53%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters62.53%62.53%62.55%62.57%62.58%62.59%
Public37.47%37.47%37.45%37.43%37.42%37.41%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters62.53%62.58%62.75%
Public37.47%37.42%37.25%
Promoter change (YoY, %pts)-0.05-0.17-

Board & Governance of Bajel Projects Limited

As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Bajel Projects Limited has 7 directors - 4 independent and 2 executive. The board is chaired by Shekhar Bajaj.

DirectorPositionOn board sinceListed boards
Shekhar Bajaj Non-Executive - Non Independent Director · Chairperson 2022-01-19 5
Rajesh Ganesh Executive Director · CEO-MD 2023-09-18 1
Ajay Suresh Nagle Executive Director 2023-09-01 1
R P Singh Non-Executive - Independent Director 2023-08-28 2
Maneck Eruch Davar Non-Executive - Independent Director 2023-08-28 3
Radhika Madhukar Dudhat Non-Executive - Independent Director 2023-08-28 4
Sudarshan Sampathkumar Non-Executive - Independent Director 2025-05-22 2
Board Committees
CommitteeMembers
Audit Committee Maneck Eruch Davar (Chairperson), R P Singh, Radhika Madhukar Dudhat
Nomination and remuneration committee R P Singh (Chairperson), Shekhar Bajaj, Maneck Eruch Davar
Stakeholders Relationship Committee Shekhar Bajaj (Chairperson), R P Singh, Radhika Madhukar Dudhat, Ajay Suresh Nagle, Rajesh Ganesh
Risk Management Committee Shekhar Bajaj (Chairperson), Radhika Madhukar Dudhat, Ajay Suresh Nagle, Rajesh Ganesh, Aurelius D'Monte, Nitesh Bhandari
Corporate Social Responsibility Committee Shekhar Bajaj (Chairperson), R P Singh, Radhika Madhukar Dudhat, Rajesh Ganesh
Finance Committee Shekhar Bajaj (Chairperson), R P Singh, Rajesh Ganesh, Ajay Suresh Nagle

Charges & Borrowings of Bajel Projects Limited

Open charges
₹2,400 Cr
Satisfied charges
₹1,390 Cr
Breakdown by lending institutions
Others₹2,400.00 Cr
Latest charge details
DateLenderAmountStatus
14 May 2024 Others ₹2,400 Cr Open
02 Feb 2024 Others ₹300 Cr Satisfied
12 Jan 2024 Others ₹120 Cr Satisfied
27 Dec 2023 Bank of India ₹300 Cr Satisfied
27 Dec 2023 Standard Chartered Bank ₹150 Cr Satisfied

Total charge records: 9 View all charges

Employees and EPFO Compliance at Bajel Projects Limited

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Bajel Projects Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
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GST Compliance of Bajel Projects Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Bajel Projects Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Bajel Projects Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Bajel Projects Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Bajel Projects Limited

MSME Payment Delays by Bajel Projects Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Bajel Projects Limited

Subsidiaries & Group Companies of Bajel Projects Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Bajel Projects Limited

MCA Filings & Documents of Bajel Projects Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Bajel Projects Limited

Activity
14 Aug 2025
Bajel Projects Limited last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records.
Charges
04 Aug 2025
A charge with Others of Rs. 2,400.00 Cr registered on 14 May 2024 with Charge ID 100920894 was modified on 04 Aug 2025.
Directors
22 May 2025
Sudarshan Sampathkumar was appointed as a Director on 22 May 2025 & has been associated with this company since 1 year 1 month.
Activity
31 Mar 2025
Bajel Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
24 Sep 2024
A charge registered on 02 Nov 2023 via Charge ID 100831249 with Others was fully satisfied on 24 Sep 2024.
Charges
16 Sep 2024
A charge registered on 27 Dec 2023 via Charge ID 100850390 with Standard Chartered Bank was fully satisfied on 16 Sep 2024.

Recent News on Bajel Projects Limited

Frequently Asked Questions about Bajel Projects Limited

Bajel Projects Limited is an active public limited company in the construction sector based in Mumbai, Maharashtra, India. It was incorporated on 19 January 2022 (4+ years old) and is registered under CIN L31900MH2022PLC375133. The company has 682 employees.

Bajel Projects Limited reported revenue of ₹2,629.13 Cr for FY 2025 (up 120.00% YoY).

The current directors of Bajel Projects Limited are:

The primary industry of Bajel Projects Limited is construction. The company specifically operates in plumbing services and construction specialties. The company is currently active in this sector.

Yes, Bajel Projects Limited is a listed company.

Bajel Projects Limited can be reached at the registered office: 801 Rustomjee Aspiree Anik Wadala Link Road Sion East, Mumbai, Maharashtra, India – 400022, or through the website bajelprojects.com.

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