Bajaj Electricals

Bajaj Electricals

588.30
+0.60
(0.10%)
Market Cap
6,785.87 Cr
EPS
11.57
PE Ratio
71.04
Dividend Yield
0.51 %
52 Week High
1,038.00
52 Week Low
490.00
PB Ratio
3.93
Debt to Equity
0.14
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from16 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+56.25 %
+56.25 %
Hold
Hold+31.25 %
+31.25 %
Sell
Sell+12.50 %
+12.50 %

Company News

View All News
Caret
neutral
Bajaj Electricals Q1FY26 Results: Weather Disruptions Impact Seasonal Products, Lighting Solutions Achieves Record MarginsAug 12, 2025
Bajaj Electricals reported mixed quarterly results with significant weather-related disruptions affecting seasonal products. The company experienced a 45% decline in coolers and double-digit decline in fans due to early and unseasonal rain in May that cut the summer season short. However, non-seasonal products showed high single-digit growth, and the Lighting Solutions vertical delivered standout performance with the highest-ever EBIT margin of 10.6% since becoming a separate vertical in 2022. The company achieved an overall EBIT of 2.5% at the company level. Bajaj Electricals announced entry into switchgear products under its Lighting Solutions vertical, targeting 10-15% contribution from this segment. The company also received in-principle approval for restructuring its loss-making Nirlep business. Management noted that brand investments increased to 4% versus approximately 3% in the previous year, and the B2B lighting segment has an order book of Rs. 210 crores. The company plans capital expenditure of Rs. 140 crores focused on new product development and is evaluating a new factory.
positive
Bajaj Electricals Limited shareholders approved the appointment of Nirav Nayan Bajaj as a Non-Executive Director at the 86th Annual General Meeting held on August 7, 2025. The appointment is effective from May 12, 2025, and Bajaj will be liable to retire by rotation. The Board of Directors had initially approved his appointment on May 12, 2025, based on recommendations from the Nomination and Remuneration Committee, subject to shareholder approval. Nirav Bajaj is a Mechanical Engineer from Brunel University with an MBA from Harvard Business School. He previously worked at Bain & Company and Roland Berger before joining Hercules Hoist Ltd. in 2014. He joined Mukand Limited in August 2019 and serves as a Board Member on several group companies including Mukand Sumi Special Steel Limited, Consolidated Swift Industries Limited, Bajaj Vitality Private Limited, Indef Manufacturing Limited and Hospet Steels Limited. The company disclosed that Nirav Bajaj is not related to any existing Directors.
positive
Bajaj Electricals launched a new product range called 'Switchgear' under its Lighting Solutions segment on August 7, 2025. The range includes Miniature Circuit Breakers (MCB), Residual Current Circuit Breakers (RCCB), Isolators, Changeover Switches and Distribution boards (DBs) under the brand name BAJAJ SECURA. The products are designed for the domestic market and target both residential and commercial segments, particularly tier 2 and tier 3 markets. The switchgear range features fast-tripping mechanism, shock-proof terminals, and silver-copper contacts for enhanced safety and reliability. According to COO Rajesh Naik, this launch represents a strategic extension of the company's lighting solutions business, building on Bajaj's 80-year legacy in the lighting industry.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,415.80
#1 46,846.66
71.75
#1 15,737.30
23.58
#1 834
-58.03
56.59
1,889.10
38,842.69
72.48
12,042.70
23.73
591
-28.44
52.55
8,080.00
27,377.41
97.73
10,046.60
#1 48.08
251
#1 41.90
61.70
311.85
20,078.55
38.45
7,932.40
7.48
564
-18.70
36.01
1,343.60
17,046.50
48.21
8,110.20
2.92
363
0.55
54.75
374.05
16,308.37
56.02
5,598.70
14.48
314
-25.45
51.18
560.40
10,838.03
65.02
2,451.50
4.93
164
20.19
45.20
672.15
9,205.09
61.39
2,789.50
1.31
108
-37.25
56.81
588.30
#9 6,785.87
#7 71.04
#7 4,883.20
#8 3.29
#9 133
#10 -96.80
49.62
937.45
6,437.60
#1 31.69
1,622.70
34.46
213
-52.27
34.64

Automatic Screeners on ScanX

Forecast
Actual
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

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
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
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
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
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 %
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
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
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
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
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
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

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
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 %
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 %
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 %
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 %
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 %
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 %
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

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
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 0.51

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
06 Feb 2020 RIGHTS Rights
13:118
05 Feb 2020 326.52 364.97
31 May 2022 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
31 May 2022 909.42 874.48
30 Jul 2022 DIVIDEND Dividend
₹ 3.00 /share
28 Jul 2022 810.11 1,004.39
12 Aug 2022 ANNUAL GENERAL MEETING Annual General Meeting
NA
12 Aug 2022 810.11 1,024.83
02 Mar 2023 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
02 Mar 2023 1,021.86 977.21
12 May 2023 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
12 May 2023 1,039.06 1,055.24
29 Jul 2023 DIVIDEND Dividend
₹ 4.00 /share
28 Jul 2023 1,065.93 1,096.74
30 Aug 2023 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
30 Aug 2023 1,002.35 999.02
20 Jul 2024 DIVIDEND Dividend
₹ 3.00 /share
19 Jul 2024 921.60 992.95
06 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
06 Aug 2024 921.60 963.95
07 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Nov 2024 856.65 883.50
04 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
04 Feb 2025 720.90 720.35
12 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 May 2025 545.30 531.20
18 Jul 2025 DIVIDEND Dividend
₹ 3.00 /share
18 Jul 2025 531.20 682.40
07 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Aug 2025 654.60 596.30
07 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
07 Aug 2025 531.20 596.30

Announcements

Reply To The Volume Movement Letter Dated September 11 20254 days ago
Clarification sought from Bajaj Electricals Ltd4 days ago
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As Amended10 days ago
Announcement under Regulation 30 (LODR)-AllotmentSep 01, 2025
Intimation Regarding 100 Days Campaign - Saksham NiveshakAug 21, 2025
Corrigendum 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
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 12, 2025
Appointment Of Mr. Nirav Nayan Bajaj As A Non-Executive Director Of The CompanyAug 07, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementAug 07, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 07, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 07, 2025
Presentation On The Unaudited Financial Results Of Bajaj Electricals Limited (Company) For The First Quarter Ended June 30 2025Aug 07, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 07, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementAug 07, 2025
Outcome Of The Board Meeting Of Bajaj Electricals Limited (Company) Held Today I.E. Thursday August 7 2025Aug 07, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Of Bajaj Electricals Limited (Company) Held Today I.E. Thursday August 7 2025Aug 07, 2025
Grant Of 250247 Stock Options Under Bajaj Electricals Limited- Performance Stock Option Plan 2023 (PSOP Plan 2023)Aug 07, 2025
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedJul 30, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 29, 2025
Board 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
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 10, 2025
Bajaj 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
Business Responsibility and Sustainability Reporting (BRSR)Jul 09, 2025
Notice 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
Reg. 34 (1) Annual Report.Jul 09, 2025
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015Jul 09, 2025
Announcement under Regulation 30 (LODR)-Credit RatingJul 02, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 27, 2025
Closure of Trading WindowJun 25, 2025
Communication On Tax Deduction At Source (TDS) On DividendsJun 23, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJun 18, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJun 18, 2025
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedJun 14, 2025
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedJun 06, 2025
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedJun 05, 2025
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosures Requirements) Regulations 2015 As AmendedMay 31, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 29, 2025
Announcement under Regulation 30 (LODR)-AllotmentMay 29, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 16, 2025
Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 As AmendedMay 16, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 15, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotMay 14, 2025
Record Date Fixed To July 18 2025 For The Purpose Of Dividend To Be Paid For The FY25 Subject To Approval Of Shareholders In The Upcoming 86Th AGMMay 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 12, 2025
Presentation On The Financial Results Of Bajaj Electricals Limited For The Fourth Quarter And Financial Year Ended March 31 2025May 12, 2025
Disclosure Under Regulation 24A And 30 Read With Schedule Ill Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended (SEBI Listing Regulations) - Appointment Of Secretarial AuditorMay 12, 2025

Technical Indicators

RSI(14)
Neutral
49.62
ATR(14)
Less Volatile
17.11
STOCH(9,6)
Neutral
29.56
STOCH RSI(14)
Overbought
100.00
MACD(12,26)
Bullish
4.14
ADX(14)
Strong Trend
25.27
UO(9)
Bearish
39.46
ROC(12)
Uptrend And Accelerating
2.38
WillR(14)
Neutral
-55.07

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
HDFC Small Cap Fund Direct- Growth
1.04%
100000
-0.07%
-0.22%
ICICI Prudential Multicap Fund Direct Plan-Growth
0.44%
43310
-0.01%
-0.02%
ICICI Prudential Flexicap Fund Direct - Growth
0.11%
0
-0.01%
-0.02%
HDFC Housing Opportunities Fund Direct - Growth
0.81%
0
-0.05%
-0.12%
ICICI Prudential Housing Opportunities Fund Direct - Growth
1.20%
0
-0.06%
-0.12%
HDFC Manufacturing Fund Direct - Growth
0.58%
0
-0.03%
-0.08%
HDFC Multi Cap Fund Direct - Growth
0.12%
0
-0.01%
-0.02%
HDFC Retirement Savings Fund - Hybrid Equity Plan Direct-Growth
0.45%
0
-0.03%
-0.08%
HDFC Retirement Savings Fund Equity Plan Direct-Growth
0.60%
0
-0.05%
-0.12%
Groww Nifty Total Market Index Fund Direct - Growth
0.00%
0
0.00%
0.00%
ICICI Prudential India Opportunities Fund Direct - Growth
0.01%
0
0.00%
0.00%
ICICI Prudential Equity & Debt Fund Direct-Growth
0.00%
0
0.00%
0.00%
Quantum Ethical Fund Direct - Growth
0.00%
0
0.00%
0.00%
HDFC ELSS Tax Saver Fund Direct Plan-Growth
0.69%
0
-0.06%
-0.12%
ICICI Prudential Bharat Consumption Fund Direct - Growth
0.32%
0
-0.03%
-0.08%
ICICI Prudential Innovation Fund Direct - Growth
0.00%
0
0.00%
0.00%
ICICI Prudential Manufacturing Fund Direct - Growth
0.74%
0
-0.05%
-0.12%
DSP India T.I.G.E.R. (The Infrastructure Growth and Economic Reforms Fund) Direct-Growth
0.84%
0
-0.06%
-0.14%
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan Direct - Growth
0.03%
0
0.00%
-0.01%
ICICI Prudential Retirement Fund - Pure Equity Plan Direct - Growth
0.08%
0
-0.01%
-0.02%
Mirae Asset Nifty Total Market Index Fund Direct-Growth
0.00%
0
0.00%
0.00%
Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth
0.00%
0
0.00%
0.00%
Nippon India Small Cap Fund Direct- Growth
0.27%
0
-0.02%
-0.05%
Bandhan Nifty Total Market Index Fund Direct-Growth
0.00%
0
0.00%
0.00%