| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 1,162 | 1,591 | 2,165 | 1,787 | 1,306 | 1,086 | 1,283 | 1,310 | 640 | 1,219 | 1,510 | 1,276 | 854 | 1,305 | 1,324 | 1,314 | 1,133 | 1,219 | 1,313 | 1,311 | 1,128 | 1,118 | 1,269 | 1,203 | 1,163 | 1,130 | 1,299 | 1,300 | 1,090 | 1,111 |
| Expenses | 1,078 | 1,522 | 2,030 | 1,712 | 1,228 | 1,073 | 1,217 | 1,264 | 630 | 1,113 | 1,353 | 1,189 | 856 | 1,208 | 1,237 | 1,275 | 1,057 | 1,130 | 1,205 | 1,198 | 1,045 | 1,042 | 1,171 | 1,138 | 1,080 | 1,067 | 1,202 | 1,173 | 1,039 | 1,050 |
| EBITDA | 83 | 68 | 136 | 75 | 78 | 13 | 65 | 46 | 10 | 106 | 157 | 88 | -3 | 97 | 86 | 40 | 77 | 89 | 108 | 113 | 83 | 76 | 98 | 65 | 83 | 63 | 97 | 128 | 51 | 61 |
| Operating Profit % | 5 % | 4 % | 6 % | 3 % | 5 % | 0 % | 5 % | 2 % | -4 % | 8 % | 9 % | 5 % | -1 % | 6 % | 5 % | 1 % | 6 % | 6 % | 7 % | 7 % | 6 % | 6 % | 5 % | 4 % | 6 % | 4 % | 7 % | 7 % | 2 % | 5 % |
| Depreciation | 9 | 10 | 11 | 15 | 18 | 18 | 19 | 20 | 19 | 19 | 20 | 18 | 17 | 17 | 17 | 18 | 17 | 19 | 17 | 22 | 23 | 27 | 30 | 30 | 32 | 35 | 36 | 41 | 37 | 37 |
| Interest | 18 | 23 | 34 | 43 | 50 | 45 | 40 | 36 | 27 | 22 | 17 | 11 | 23 | 20 | 17 | 11 | 7 | 10 | 15 | 12 | 12 | 14 | 20 | 18 | 16 | 17 | 19 | 18 | 18 | 13 |
| Profit Before Tax | 62 | 51 | 97 | 32 | 23 | -29 | 15 | -2 | -32 | 73 | 134 | 72 | -31 | 79 | 66 | 52 | 57 | 84 | 83 | 80 | 53 | 41 | 51 | 25 | 38 | 15 | 45 | 71 | 2 | 16 |
| Tax | 22 | 21 | 36 | 9 | 9 | 4 | 6 | -1 | -16 | 20 | 36 | 18 | -6 | 17 | 18 | 14 | 16 | 22 | 22 | 28 | 16 | 14 | 13 | -5 | 10 | 2 | 12 | 12 | 1 | 6 |
| Net Profit | 40 | 30 | 61 | 23 | 14 | -33 | 9 | -1 | -17 | 53 | 98 | 54 | -25 | 63 | 48 | 39 | 41 | 62 | 61 | 52 | 37 | 27 | 37 | 29 | 28 | 13 | 33 | 59 | 1 | 10 |
| EPS in ₹ | 3.93 | 2.92 | 5.91 | 2.23 | 1.32 | -3.14 | 0.91 | -0.08 | -1.46 | 4.65 | 8.59 | 4.74 | -2.18 | 5.45 | 4.20 | 3.37 | 3.59 | 5.70 | 5.22 | 4.52 | 3.23 | 2.37 | 3.25 | 2.55 | 2.44 | 1.12 | 2.89 | 5.11 | 0.08 | 0.85 |
Bajaj Electricals
Bajaj Electricals
505.15
+1.35
(0.27%)
Key Fundamentals
Market Cap
5,827.90 Cr
EPS
11.57
PE Ratio
56.52
Dividend Yield
0.59 %
Industry
Consumer Goods 52 Week High
927.00
52 Week Low
490.00
PB Ratio
3.40
Debt to Equity
0.14
Sector
Household Appliances Analyst Rating and Forecast
- By Refinitiv from16 analysts
Actual
Company News
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Bajaj Electricals reported revenue of INR 1,107 crores for the second quarter ended September 30, 2025, representing a 1% decline compared to the same period last year. The Consumer Products segment declined 4.1% year-on-year due to drops in fans and coolers, while the Lighting Solutions segment grew 9.6% driven by both B2C and B2B lighting. Gross margins improved by 140 basis points due to value engineering and sourcing efficiencies. The company's profit after tax decreased 23.6% to INR 10 crores. General Trade registered 5% growth mainly due to 20% growth in Consumer Lighting, while exports witnessed 28% growth. The company maintains a strong balance sheet with surplus investments of approximately INR 432 crores. During the quarter, Bajaj launched 26 new consumer products and 144 new consumer lighting products.
Bajaj Electricals reported quarterly consolidated net profit of 99 million rupees, down from 129 million rupees year-over-year. Revenue declined to 11 billion rupees from 11.2 billion rupees in the same period last year. However, EBITDA improved to 619 million rupees from 516 million rupees year-over-year, with EBITDA margin expanding to 5.6% from 4.61%. The company announced that CFO E C Prasad will resign effective January 26, 2026.
Bajaj Electricals Grants 5,610 Stock Options to 5 Employees Under Performance Plan5 days ago
Bajaj Electricals Limited's Nomination and Remuneration Committee approved the grant of 5,610 stock options under the Performance Stock Option Plan 2023 to 5 eligible employees on October 31, 2025. The options cover 5,610 fully paid-up equity shares of Rs. 2 each. The exercise price is set at the face value of Rs. 2 per equity share. The exercise period is two years from the respective vesting date. The plan complies with SEBI regulations for share-based employee benefits.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,359.40 | #1 44,980.50 | 70.31 | #1 15,737.30 | 23.58 | #1 834 | -58.03 | 38.95 | |
1,917.60 | 39,428.70 | 72.53 | 12,042.70 | 23.73 | 591 | 2.81 | 46.13 | |
7,797.50 | 27,407.40 | 97.20 | 10,046.60 | #1 48.08 | 251 | 41.90 | 35.73 | |
283.25 | 18,238.50 | #1 34.06 | 7,932.40 | 7.48 | 564 | -18.70 | 36.05 | |
1,374.40 | 17,437.30 | 47.95 | 8,110.20 | 15.97 | 363 | -21.87 | 58.26 | |
373.35 | 16,278.00 | 55.98 | 5,598.70 | 14.48 | 314 | 3.00 | 54.93 | |
541.00 | 10,463.10 | 61.16 | 2,451.50 | 11.53 | 164 | 20.19 | 37.65 | |
668.80 | 9,159.20 | 89.31 | 2,789.50 | 1.31 | 108 | 20.84 | 53.47 | |
1,841.40 | 7,461.10 | 58.70 | 5,126.90 | 14.69 | 119 | #1 61.78 | 55.51 | |
937.75 | 6,439.70 | 38.79 | 1,622.70 | 34.46 | 213 | -52.27 | 57.93 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
3.29 %
Net Income Growth
-1.84 %
Cash Flow Change
-1.98 %
ROE
-18.03 %
ROCE
-14.02 %
EBITDA Margin (Avg.)
1.37 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 2,957 | 3,078 | 3,466 | 5,179 | 4,567 | 4,268 | 3,992 | 4,993 | 3,833 | 4,219 |
| Fixed Assets | 277 | 310 | 316 | 393 | 469 | 531 | 754 | 770 | 916 | 950 |
| Current Assets | 2,082 | 2,125 | 2,676 | 3,991 | 3,299 | 2,970 | 2,611 | 3,882 | 2,612 | 2,889 |
| Capital Work in Progress | 21 | 8 | 6 | 9 | 11 | 18 | 44 | 42 | 64 | 13 |
| Investments | 77 | 72 | 8 | 11 | 13 | 5 | 5 | 47 | 35 | 233 |
| Other Assets | 2,583 | 2,688 | 3,136 | 4,766 | 4,075 | 3,714 | 3,189 | 4,135 | 2,819 | 3,023 |
| Total Liabilities | 2,957 | 3,078 | 3,466 | 5,179 | 4,567 | 4,268 | 3,992 | 4,993 | 3,833 | 4,219 |
| Current Liabilities | 2,003 | 2,110 | 2,439 | 3,818 | 2,961 | 2,542 | 2,158 | 2,943 | 2,158 | 2,247 |
| Non Current Liabilities | 200 | 105 | 90 | 305 | 258 | 148 | 129 | 143 | 234 | 247 |
| Total Equity | 754 | 863 | 937 | 1,056 | 1,348 | 1,578 | 1,705 | 1,907 | 1,441 | 1,725 |
| Reserve & Surplus | 734 | 843 | 916 | 1,035 | 1,326 | 1,555 | 1,709 | 1,884 | 1,418 | 1,702 |
| Share Capital | 20 | 20 | 20 | 21 | 23 | 23 | 23 | 23 | 23 | 23 |
Cash Flow
| Cash Flow | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 13 | -22 | -3 | -11 | 90 | -56 | 73 | 223 | -228 | 6 |
| Investing Activities | -53 | -90 | 36 | -103 | -41 | -110 | -70 | -88 | -449 | -195 |
| Operating Activities | 305 | 437 | -103 | -621 | 626 | 658 | 914 | 449 | 354 | 347 |
| Financing Activities | -239 | -368 | 64 | 713 | -495 | -604 | -771 | -139 | -133 | -146 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 63.16 % | 63.10 % | 63.05 % | 63.01 % | 62.98 % | 62.96 % | 62.91 % | 62.89 % | 62.87 % | 62.85 % | 62.85 % | 62.85 % | 62.80 % | 62.78 % | 62.76 % | 62.72 % | 62.72 % | 62.72 % | 62.70 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 10.49 % | 0.00 % | 10.18 % | 7.93 % | 8.23 % | 7.82 % | 7.79 % | 7.89 % | 7.75 % |
| DIIs | 9.59 % | 10.77 % | 10.92 % | 11.43 % | 11.87 % | 12.26 % | 12.30 % | 12.24 % | 12.40 % | 11.80 % | 12.06 % | 11.88 % | 12.61 % | 14.76 % | 15.60 % | 15.91 % | 15.79 % | 15.57 % | 15.88 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 9.41 % | 9.34 % | 9.67 % | 9.37 % | 10.00 % | 9.78 % | 8.74 % | 8.44 % | 8.36 % | 8.78 % | 9.12 % | 9.24 % | 9.12 % | 9.28 % | 8.50 % | 8.68 % | 8.83 % | 8.79 % | 6.07 % |
| Others | 17.84 % | 16.78 % | 16.36 % | 16.19 % | 15.15 % | 15.00 % | 16.05 % | 16.43 % | 16.37 % | 16.57 % | 5.48 % | 16.03 % | 5.29 % | 5.25 % | 4.91 % | 4.87 % | 4.87 % | 5.02 % | 7.60 % |
| No of Share Holders | 51,194 | 58,713 | 53,700 | 66,825 | 71,897 | 72,573 | 70,319 | 66,018 | 63,059 | 60,389 | 63,101 | 65,600 | 63,094 | 59,460 | 61,774 | 65,279 | 68,263 | 68,573 | 77,029 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 3.5 | 0.00 | 0.00 | 0.00 | 0.00 | 4 | 3 | 3 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.72 | 0.00 | 0.00 | 0.00 | 0.00 | 0.44 | 0.55 | 0.59 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 06 Feb 2020 |  Rights | 13:118 | 05 Feb 2020 | 326.52 | 364.97 |
| 31 May 2022 |  Extraordinary General Meeting | NA | 31 May 2022 | 909.42 | 874.48 |
| 30 Jul 2022 |  Dividend | ₹ 3.00 /share | 28 Jul 2022 | 810.11 | 1,004.39 |
| 12 Aug 2022 |  Annual General Meeting | NA | 12 Aug 2022 | 810.11 | 1,024.83 |
| 02 Mar 2023 | Extraordinary General Meeting | NA | 02 Mar 2023 | 1,021.86 | 977.21 |
| 12 May 2023 | Extraordinary General Meeting | NA | 12 May 2023 | 1,039.06 | 1,055.24 |
| 29 Jul 2023 | Dividend | ₹ 4.00 /share | 28 Jul 2023 | 1,065.93 | 1,096.74 |
| 30 Aug 2023 | Extraordinary General Meeting | NA | 30 Aug 2023 | 1,002.35 | 999.02 |
| 20 Jul 2024 | Dividend | ₹ 3.00 /share | 19 Jul 2024 | 921.60 | 992.95 |
| 06 Aug 2024 | Annual General Meeting | NA | 06 Aug 2024 | 921.60 | 963.95 |
| 07 Nov 2024 |  Quarterly Result Announcement | NA | 07 Nov 2024 | 856.65 | 883.50 |
| 04 Feb 2025 | Quarterly Result Announcement | NA | 04 Feb 2025 | 720.90 | 720.35 |
| 12 May 2025 | Quarterly Result Announcement | NA | 12 May 2025 | 545.30 | 531.20 |
| 18 Jul 2025 | Dividend | ₹ 3.00 /share | 18 Jul 2025 | 531.20 | 682.40 |
| 07 Aug 2025 | Quarterly Result Announcement | NA | 07 Aug 2025 | 654.60 | 596.30 |
| 07 Aug 2025 | Annual General Meeting | NA | 07 Aug 2025 | 531.20 | 596.30 |
| 31 Oct 2025 | Quarterly Result Announcement | NA | 31 Oct 2025 | 543.45 | 528.40 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
5 days ago
5 days agoPresentation On The Unaudited Financial Results Of Bajaj Electricals Limited For The Second Quarter And Half Year Ended September 30 20255 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Change in Management5 days ago
5 days agoOutcome Of The Board Meeting Of Bajaj Electricals Limited Held Today I.E. Friday October 31 20255 days ago
5 days agoBoard Meeting Outcome for Outcome Of The Board Meeting Of Bajaj Electricals Limited Held Today I.E. Friday October 31 20255 days ago
5 days agoGrant Of 5610 Stock Options Under Bajaj Electricals Limited- Performance Stock Option Plan 2023 (PSOP Plan 2023)5 days ago
5 days agoDisclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedOct 17, 2025
Oct 17, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedOct 17, 2025
Oct 17, 2025Media Release Titled Bajaj Electricals Ltd. Partners With TIH Foundation At IIT Bombay To Co-Develop Smart Lighting Solutions For Smart CitiesOct 16, 2025
Oct 16, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 15, 2025
Oct 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Oct 13, 2025Board Meeting Intimation for Intimation That The Meeting Of The Board Of Directors Of Bajaj Electricals Limited Is Scheduled To Be Held On Friday October 31 2025Oct 13, 2025
Oct 13, 2025Closure of Trading WindowSep 29, 2025
Sep 29, 2025Reply To The Volume Movement Letter Dated September 25 2025Sep 25, 2025
Sep 25, 2025Clarification sought from Bajaj Electricals LtdSep 25, 2025
Sep 25, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedSep 24, 2025
Sep 24, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedSep 24, 2025
Sep 24, 2025Board Meeting Outcome for Consent Of The Board Of Directors Of Bajaj Electricals Limited (The Company) For The Acquisition Of The Morphy Richards BrandSep 23, 2025
Sep 23, 2025Reply To The Volume Movement Letter Dated September 11 2025Sep 11, 2025
Sep 11, 2025Clarification sought from Bajaj Electricals LtdSep 11, 2025
Sep 11, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedSep 05, 2025
Sep 05, 2025Announcement under Regulation 30 (LODR)-AllotmentSep 01, 2025
Sep 01, 2025Intimation Regarding 100 Days Campaign - Saksham NiveshakAug 21, 2025
Aug 21, 2025Corrigendum To The Intimation Dated August 7 2025 On The Subject Matter Grant Of 250247 Stock Options Under Bajaj Electricals Limited- Performance Stock Option Plan 2023 (PSOP Plan 2023)Aug 21, 2025
Aug 21, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 12, 2025
Aug 12, 2025Appointment Of Mr. Nirav Nayan Bajaj As A Non-Executive Director Of The CompanyAug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 07, 2025
Aug 07, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 07, 2025
Aug 07, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 07, 2025
Aug 07, 2025Presentation On The Unaudited Financial Results Of Bajaj Electricals Limited (Company) For The First Quarter Ended June 30 2025Aug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 07, 2025
Aug 07, 2025Outcome Of The Board Meeting Of Bajaj Electricals Limited (Company) Held Today I.E. Thursday August 7 2025Aug 07, 2025
Aug 07, 2025Board Meeting Outcome for Outcome Of The Board Meeting Of Bajaj Electricals Limited (Company) Held Today I.E. Thursday August 7 2025Aug 07, 2025
Aug 07, 2025Grant Of 250247 Stock Options Under Bajaj Electricals Limited- Performance Stock Option Plan 2023 (PSOP Plan 2023)Aug 07, 2025
Aug 07, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedJul 30, 2025
Jul 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 29, 2025
Jul 29, 2025Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The First Quarter Ended June 30 2025.Jul 24, 2025
Jul 24, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 10, 2025
Jul 10, 2025Bajaj Electricals Limited Has Informed The Exchange About A Letter Being Sent To The Shareholders Under Regulation 36(1)(B) Of The SEBI Listing Regulations.Jul 09, 2025
Jul 09, 2025Business Responsibility and Sustainability Reporting (BRSR)Jul 09, 2025
Jul 09, 2025Notice Of The 86Th AGM Of Bajaj Electricals Limited Scheduled To Be Held On Thursday August 7 2025 At 3:00 P.M. (IST) Through VC / OAVMJul 09, 2025
Jul 09, 2025Reg. 34 (1) Annual Report.Jul 09, 2025
Jul 09, 2025Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015Jul 09, 2025
Jul 09, 2025Announcement under Regulation 30 (LODR)-Credit RatingJul 02, 2025
Jul 02, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 27, 2025
Jun 27, 2025Closure of Trading WindowJun 25, 2025
Jun 25, 2025Communication On Tax Deduction At Source (TDS) On DividendsJun 23, 2025
Jun 23, 2025Mutual Fund Holdings
ICICI Prudential Flexicap Fund Direct - Growth 
Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth 
Groww Nifty Total Market Index Fund Direct - Growth 
Angel One Nifty Total Market Index Fund Direct - Growth 
Mirae Asset Nifty Total Market Index Fund Direct-Growth 
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DSP India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms Fund) Direct-Growth 
Nippon India Small Cap Fund Direct- Growth 
Quantum Ethical Fund Direct - Growth Technical Indicators
RSI(14)
Neutral 26.06
ATR(14)
Less Volatile 14.77
STOCH(9,6)
Oversold 14.00
STOCH RSI(14)
Oversold 2.65
MACD(12,26)
Bearish -1.87
ADX(14)
Weak Trend 24.32
UO(9)
Bearish 30.30
ROC(12)
Downtrend But Slowing Down -6.99
WillR(14)
Oversold -93.70
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