BAJEL vs EXICOM: Stock Comparison
Bajel Projects Limited vs Exicom Tele-Systems Limited
Live data: 21 July 2026, 4:08 PM IST • Source: NSE and company filings
Exicom Tele-Systems Limited is the larger company by market capitalisation. Bajel Projects Limited shows a higher ROE, a higher dividend yield and lower leverage, while Exicom Tele-Systems Limited shows a lower P/E and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Side-by-side comparison of Bajel Projects Limited and Exicom Tele-Systems Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | BAJEL | EXICOM |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Heavy Electrical Equipment | Heavy Electrical Equipment |
Price
| Metric | BAJEL | EXICOM |
|---|---|---|
| Live Price | ₹177.06 | ₹176.81 |
| Day Change | -1.27% | 5.11% |
| Volume | 85,416 | 56.9 L |
| 52-Week High | ₹226.69 | ₹182.9 |
| 52-Week Low | ₹135.1 | ₹75.6 |
| Distance from 52W High | -21.89% | -3.33% |
Valuation
| Metric | BAJEL | EXICOM |
|---|---|---|
| Market Cap | ₹2,054 Cr | ₹2,445 Cr |
| P/E Ratio | 101.14x | -9x |
| P/B Ratio | 2.74x | 3.79x |
| EPS | ₹1.73 | ₹-20.36 |
| Book Value | ₹64.5 | ₹48.33 |
| Dividend Yield | 0.32% | 0% |
Growth
| Metric | BAJEL | EXICOM |
|---|---|---|
| Revenue Growth (TTM YoY) | 25.7% | 46.1% |
| EPS Growth (TTM YoY) | 190.5% | 0% |
| Qtr Sales Growth | 25.8% | 46.1% |
| Qtr Profit Growth | 193% | 13.6% |
Profitability & Leverage
| Metric | BAJEL | EXICOM |
|---|---|---|
| ROE | 3.5% | -40.8% |
| ROCE | 10.2% | -14.7% |
| Net Margin | 0.74% | -23.8% |
| Operating Margin | 3.26% | -8.97% |
| Debt to Equity | 0.49x | 1.09x |
Shareholding
As of Mar 2026 • change vs previous quarter| Metric | BAJEL | EXICOM |
|---|---|---|
| Promoter Holding | 62.53% | 66.47% |
| FII Holding | 0.51%▲ 0.11 pp | 0.2%▲ 0.13 pp |
| DII Holding | 9.57%▲ 0.51 pp | 3.46%▼ 0.22 pp |
| Public Holding | 27.39%▼ 0.62 pp | 29.87%▲ 0.09 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Bajel Projects Limited and Exicom Tele-Systems Limited.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

