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Bajaj Electricals Overview

Bajaj Electricals Ltd is an India-based organization that is basically engaged in the advertising and marketing of numerous client household and commercial items. The Company's segments consist of Consumer Products and Engineering & Projects. The Consumer Products section consists of appliances, fans and consumer lighting fixtures products. The Engineering & Projects segment consists of transmission line towers, electricity distribution and illumination. The Company additionally includes wind energy. Its kitchen and domestic home equipment cons...Read More

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Bajaj Electricals Key Financials

Market Cap ₹4530 Cr.

Stock P/E 33.9

P/B 2.6

Current Price ₹392.6

Book Value ₹ 148.5

Face Value 2

52W High ₹749.4

Dividend Yield 0.76%

52W Low ₹ 383.3

Bajaj Electricals Share Price

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Volume
Price

Bajaj Electricals Quarterly Price

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Bajaj Electricals Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 1112 1113 1228 1188 1155 1118 1290 1265 1065 1107
Other Income 10 11 43 22 11 15 13 16 30 8
Total Income 1123 1124 1271 1211 1166 1134 1303 1282 1095 1115
Total Expenditure 1035 1038 1171 1138 1080 1067 1202 1172 1031 1045
Operating Profit 88 86 100 72 86 67 100 109 64 70
Interest 12 14 20 18 16 17 19 18 18 13
Depreciation 23 27 30 30 32 35 36 41 37 37
Exceptional Income / Expenses 0 0 0 0 0 0 0 21 -7 0
Profit Before Tax 53 45 50 24 38 15 45 71 2 20
Provision for Tax 15 13 13 -5 10 2 12 12 1 6
Profit After Tax 38 32 37 29 28 13 33 59 2 15
Adjustments -0 -4 0 0 0 0 0 0 -1 -5
Profit After Adjustments 37 27 37 29 28 13 33 59 1 10
Adjusted Earnings Per Share 3.2 2.4 3.2 2.5 2.4 1.1 2.9 5.1 0.1 0.9

Bajaj Electricals Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 4612 4262 4707 6679 4987 4585 4813 4889 4641 4828 4727
Other Income 23 44 65 65 46 74 68 45 86 55 67
Total Income 4635 4306 4772 6745 5033 4659 4881 4935 4728 4883 4795
Total Expenditure 4353 4028 4425 6340 4779 4286 4563 4515 4382 4521 4450
Operating Profit 282 278 347 405 254 372 318 420 346 362 343
Interest 101 80 59 118 171 76 70 44 63 70 68
Depreciation 27 30 34 44 74 75 69 74 110 144 151
Exceptional Income / Expenses 0 0 -79 0 0 25 -13 0 0 21 14
Profit Before Tax 154 163 164 241 7 246 166 302 173 170 138
Provision for Tax 58 60 81 88 17 57 42 87 37 36 31
Profit After Tax 96 102 84 154 -10 189 124 215 136 133 109
Adjustments -0 0 0 3 1 2 4 1 -5 0 -6
Profit After Adjustments 95 102 84 156 -9 191 129 216 131 133 103
Adjusted Earnings Per Share 9.2 9.8 8 14.9 -0.8 16.6 11.2 18.8 11.4 11.6 9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 4% 0% -1% 0%
Operating Profit CAGR 5% 4% 7% 0%
PAT CAGR -2% 2% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -43% -30% -12% 8%
ROE Average 9% 10% 10% 10%
ROCE Average 15% 16% 15% 16%

Bajaj Electricals Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 751 863 937 1056 1348 1578 1732 1907 1441 1725
Minority's Interest 0 0 0 0 0 0 -26 0 0 0
Borrowings 96 17 11 213 80 26 12 0 0 0
Other Non-Current Liabilities 479 32 5 35 133 70 35 143 229 244
Total Current Liabilities 1973 2110 2439 3818 2961 2542 2158 2441 2158 2247
Total Liabilities 3298 3022 3392 5121 4522 4215 3910 4993 3828 4215
Fixed Assets 283 310 316 393 469 405 623 640 780 794
Other Non-Current Assets 996 587 400 738 754 840 676 470 436 533
Total Current Assets 2019 2123 2674 3988 3297 2967 2594 2799 2608 2889
Total Assets 3298 3022 3392 5121 4522 4215 3910 4993 3828 4215

Bajaj Electricals Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 47 25 22 11 102 46 119 342 114
Cash Flow from Operating Activities 0 437 -103 -621 626 658 914 449 354 347
Cash Flow from Investing Activities 0 -91 36 -104 -41 -110 -71 -88 -210 -195
Cash Flow from Financing Activities 0 -368 64 713 -495 -604 -771 -139 -133 -146
Net Cash Inflow / Outflow 0 -21 -3 -11 90 -56 72 223 11 6
Closing Cash & Cash Equivalent 0 25 22 11 102 46 119 342 114 120

Bajaj Electricals Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 9.22 9.84 8 14.9 -0.82 16.64 11.19 18.79 11.38 11.57
CEPS(Rs) 11.87 12.72 11.24 18.82 5.57 23.06 16.86 25.13 21.31 24.06
DPS(Rs) 2.8 2.8 3.5 3.5 0 0 3 4 3 3
Book NAV/Share(Rs) 71.81 81.98 88.6 99.72 117.4 136.75 149.69 164.11 122.76 146.86
Core EBITDA Margin(%) 5.58 5.45 5.98 5.09 4.18 6.51 5.2 7.66 5.6 6.37
EBIT Margin(%) 5.49 5.65 4.74 5.37 3.57 7.04 4.9 7.08 5.1 4.96
Pre Tax Margin(%) 3.3 3.78 3.49 3.61 0.14 5.37 3.45 6.18 3.73 3.51
PAT Margin (%) 2.06 2.38 1.77 2.3 -0.21 4.12 2.58 4.41 2.93 2.76
Cash Profit Margin (%) 2.64 3.07 2.49 2.96 1.27 5.76 4.02 5.92 5.29 5.75
ROA(%) 2.9 3.23 2.61 3.61 -0.21 4.33 3.06 4.84 3.08 3.32
ROE(%) 12.87 12.82 9.41 15.56 -0.86 13.02 7.57 11.94 8.23 8.59
ROCE(%) 25.17 19.48 14.22 16.66 7.18 14.81 12.34 18.79 14.13 15.13
Receivable days 106.95 114.82 119.61 119.48 171.01 141.76 100.55 84.02 89.44 92.59
Inventory Days 39.78 45.76 44.51 38.51 55.96 67.09 75.24 73.66 68.11 55.71
Payable days 59.93 74.39 86.64 73.23 104.61 110.77 121.75 133.07 137.88 138.92
PER(x) 20.13 31.01 68.54 36.59 0 58.75 96.09 56 79.59 47.17
Price/Book(x) 2.59 3.72 6.19 5.47 2.28 7.15 7.18 6.41 7.38 3.72
Dividend Yield(%) 1.47 0.9 0.62 0.63 0 0 0.28 0.38 0.33 0.55
EV/Net Sales(x) 0.46 0.87 1.37 1.09 0.78 2.53 2.55 2.4 2.19 1.28
EV/Core EBITDA(x) 7.57 13.37 18.55 18.01 15.33 31.16 38.47 27.96 29.34 17.04
Net Sales Growth(%) 0 -7.59 10.46 41.89 -25.33 -8.07 4.98 1.58 -5.07 4.03
EBIT Growth(%) 0 -4.71 -8.08 60.61 -50.4 81.35 -26.86 46.6 -31.63 1.25
PAT Growth(%) 0 6.87 -18.14 83.63 -106.7 1936.78 -34.16 73.18 -36.93 -1.8
EPS Growth(%) 0 6.68 -18.74 86.34 -105.47 2139.51 -32.75 67.92 -39.43 1.66
Debt/Equity(x) 0.36 0.73 0.78 1.52 0.72 0.3 0.03 0 0 0
Current Ratio(x) 1.02 1.01 1.1 1.04 1.11 1.17 1.2 1.15 1.21 1.29
Quick Ratio(x) 0.77 0.74 0.86 0.83 0.88 0.78 0.74 0.75 0.86 0.97
Interest Cover(x) 2.51 3.02 3.79 3.05 1.04 4.22 3.38 7.93 3.73 3.43
Total Debt/Mcap(x) 0.14 0.2 0.13 0.28 0.32 0.04 0 0 0 0

Bajaj Electricals Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 62.85 62.85 62.8 62.78 62.75 62.72 62.72 62.72 62.7 62.69
FII 10.48 10.4 10.16 7.92 8.22 7.81 7.78 7.88 7.73 6.47
DII 12.07 12.13 12.62 14.77 15.61 15.92 15.81 15.58 15.89 17.09
Public 14.6 14.62 14.41 14.53 13.42 13.54 13.69 13.82 13.67 13.74
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Bajaj Electricals News

Bajaj Electricals Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 137.88 to 138.92days.
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