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BAJEL.NS$192.78+6.04%
Fair $192.78+0.0%

BAJEL.NS

Bajel Projects Limited

Utilities / Utilities - Regulated ElectricNSE

$192.78

+11.13 (+6.04%)

Fairly Valued+0.0%Fair Value $192.78Fund rank 33/100 · Data gapFallback financials|
SA 45/C
F-Score: 6/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 26% · confianza 25%

FCF escenarios

weak_data · normalized FCF $346.5M · quality 56.0/100

Data gap 33/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 41/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

45/100

C

Piotroski

6/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

12/100

SEC 0%

Latest source: unknownPeriods: 3Warnings: 1unknown: 3
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is 2.3%, below the 5% threshold
Thesis & Journal · BAJEL.NSLocal privado en este navegador · Bajel Projects Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$22.3B

P/E

110.8x

↑

EV/EBITDA

31.4x

↑

ROE

2.3%

↓

Gross Margin

12.3%

↓

Debt/Equity

0.21

↓
52-Week Range$193
$135$264

TradingView lightweight chart

BAJEL.NS price, volumen y niveles de valoración

Último $195.47Periodo +2.9%
Fair value: $192.78

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2023–2025 · 2 años de histórico normalizado

Revenue CAGR

+109.0%

FCF CAGR

+110.7%

FCF margin

1.4%

FCF / Net income

2.24x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $25.63B · net income $154.6M · FCF $346.5M

2023-FY → 2025-FY

Gross margin

12.3%-4.5% pts

Operating margin

2.1%+4.4% pts

Net margin

0.6%+0.9% pts

FCF margin

1.4%+0.0% pts
MetricTTM
2025
2024
2023
Income Statement
Revenue$25.63B$25.63B$11.40B$5.87B
Net Income$154.6M$154.6M$42.9M$-15.8M
EBITDA$740.9M$740.9M$230.0M$134.0M
EPS1.331.330.37-0.14
Gross Margin12.3%12.3%14.9%16.8%
Operating Margin2.1%2.1%1.0%-2.3%
Net Margin0.6%0.6%0.4%-0.3%
Balance Sheet
Debt/Equity0.210.210.030.00
Current Ratio1.201.20——
Cash Flow
Free Cash Flow$346.5M$346.5M$1.68B$78.0M
Returns
ROE2.3%2.3%0.8%-0.3%
Valuation
P/E110.79110.79612.16—
EV/EBITDA31.4131.41112.17—
P/B3.373.374.61—
Growth & Yield
Revenue Growth124.8%124.8%94.3%—
EPS Growth259.5%259.5%369.3%—
Dividend Yield0.3%0.3%——

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

134.3%

muy exigente

EPS terminal req.

$17.11

Spread vs growth

125.2%

5Y implied EPS CAGR

73.1%

muy exigente

EPS terminal req.

$20.70

Spread vs growth

186.3%

10Y implied EPS CAGR

38.0%

muy exigente

EPS terminal req.

$33.33

Spread vs growth

221.5%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -7.7%

Total return

-7.7%

Start / end P/E

574.4x → 147.0x

EPS bridge

0.37 → 1.33

Residual

-193.1%

EPS growth+259.5%
Multiple rerating-74.4%
Dividend+0.3%
Residual / FX / buybacks / cross-term-193.1%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.