🇮🇳 India Stock Screener ← Switch market ★ Elite Club ⚡ HerAI

Bajaj Electricals Limited BAJAJELEC NSE

Consumer Cyclical · Furnishings, Fixtures & Appliances · India
https://www.bajajelectricals.com
Company Profile ↓
₹331.00
-51.22% 1Y
Mkt Cap₹3,819.43 Cr
P/E28.63
P/B2.52
Div. Yield0.87%
52W High₹679.55
52W Low₹303.75
Book Value₹138.16
EPS (TTM)₹11.56

Company Overview

Bajaj Electricals Limited engages in the provision of consumer products and lighting solutions in India. It offers fans, such as ceiling, table, tower, and personal fan; home appliances comprising water heater, air cooler, room heater, and irons; kitchen appliances, including mixer grinder, juicer, stand mixer, hand blender, food processor, air fryer, and kettle; cooking essentials which consists of gas stove, pressure cooers, induction stoves, pans, and Kadhai; and grooming products which include hair dryer, straightener, trimmer, and body groomer. The company also provides consumer lighting products, such as bulbs, batons, decorative light, portable light, and outdoor light; and indoor office, stadium, tunnel, and street light. It offers its products under the Bajaj, Morphy Richards, Nirlep, and Nex brand names. The company was formerly known as Radio Lamp Works Limited and changed its name to Bajaj Electricals Limited in October 1960. The company was incorporated in 1938 and is based in Mumbai, India.

Why Investors Should Care

Reasonable Valuation

Trades at a P/E of 28.6, below the sector median of 30.5.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.10.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Mar 2026 Revenue of ₹4,448.28 Cr (-7.6% YoY); net profit ₹-90.86 Cr.
  • Trailing 12 Months Year-on-year growth — revenue -7.6%, earnings -168.1%.
  • 5-Year Trend Long-term compounding — revenue CAGR -3.0%, profit CAGR -47.3%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-2.96%
1 Year:-7.63%

Compounded Profit Growth

5 Years:-47.34%
1 Year:-168.10%

Stock Price Performance

1 Year:-51.22%
6 Months:-28.25%
3 Months:-14.60%
1 Month:+3.29%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 7% of range
₹303.75 ₹679.55
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)52.13 · Neutral
Price Performance
1M+3.29%
3M-14.60%
6M-28.25%
1Y-51.22%
Valuation vs Sector

P/E of 28.63 is below the sector median of 30.52 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

Ad space

Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Generates positive free cash flow.

CONS

  • Revenue declined at -3.0% CAGR over 5 years.
  • Earnings shrank at -47.3% CAGR over 5 years.
  • Trading 51.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Ad space

Valuation

Stock P/E
28.63
Industry PE
30.52
Forward P/E
21.77
PEG Ratio
-
Book Value
₹138.16
Price to Book
2.52
P/S
0.86
EV/EBITDA
33.15
Dividend Yield
0.87%

Growth (CAGR)

Revenue 5Y
-2.96%
Profit 5Y
-47.34%
Revenue (YoY)
-7.63%
Earnings (YoY)
-168.10%

Profitability & Returns

ROCE
-1.81%
ROE
-5.70%
ROA
-2.13%
Profit Margin
-2.04%
Op Margin
0.22%
Gross Margin
30.38%
EPS (Latest Qtr)
₹-5.85
EPS (TTM)
₹11.56

Balance Sheet & Liquidity

Debt/Equity
0.10
Quick Ratio
0.90
Current Ratio
1.11
Debt
₹158.89 Cr
Total Assets
₹4,260.14 Cr
Current Assets
₹2,729.45 Cr
Working Capital
₹279.31 Cr

Ownership

Promoter Holding
63.04%
Chg in Prom Hold
0.34%
FII / Inst Holding
22.23%
Chg in FII Hold
-1.15%

Financial Snapshot

Enterprise Value
₹3,819.43 Cr
Total Revenue (TTM)
₹4,448.28 Cr
EBITDA
₹108.74 Cr
Free Cash Flow
₹532.49 Cr
Operating Cash Flow
₹619.27 Cr
Shares Outstanding
₹11.54 Cr
Gross Margin
30.38%
Payout Ratio
97.09%

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 BAJAJELEC Bajaj Electricals Limited NSE 331.00 28.63 ₹3,819.43 Cr 0.87% -1.81% -5.70% -2.96% -47.34%
2 MARUTI Maruti Suzuki India Limited NIFTY50NSEAI 13,542.00 29.36 ₹4.26 L Cr 1.01% 17.22% 13.70% 16.60% 21.11%
3 TITAN Titan Company Limited NIFTY50NSE 4,602.10 80.47 ₹4.09 L Cr 0.33% 38.43% 32.31% 29.24% 16.00%
4 M&M Mahindra & Mahindra Limited NIFTY50NSEAI 3,108.80 20.43 ₹3.87 L Cr 1.05% 17.14% 18.37% 17.50% 18.48%
5 BAJAJ-AUTO Bajaj Auto Limited NIFTY50NSE 10,348.50 26.92 ₹2.89 L Cr 1.48% 26.12% 27.67% 19.49% 21.03%
6 ETERNAL Eternal Limited NSEAITECH 290.35 744.49 ₹2.80 L Cr 0.00% 2.87% 1.18% 97.70% 45.90%
7 EICHERMOT Eicher Motors Limited NIFTY50NSEAI 7,354.50 42.67 ₹2.02 L Cr 1.11% 26.43% 21.97% 17.47% 23.70%
8 TVSMOTOR TVS Motor Company Limited NSE 3,644.70 57.37 ₹1.73 L Cr 0.33% 28.82% 31.56% 20.21% 31.46%
9 HYUNDAI HYUNDAI MOTOR INDIA LTD NSE 2,035.00 30.44 ₹1.65 L Cr 1.06% 32.62% 27.14% 5.50% 4.87%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 1,292.00 Cr1,112.00 Cr1,113.00 Cr1,228.00 Cr1,188.00 Cr1,155.00 Cr-1,286.31 Cr1,262.73 Cr1,059.23 Cr1,107.00 Cr1,048.30 Cr1,238.05 Cr
Cost of Revenue -------888.02 Cr871.95 Cr734.41 Cr-731.51 Cr875.73 Cr
Gross Profit -------398.29 Cr390.78 Cr324.82 Cr-316.79 Cr362.32 Cr
Operating Expenses 1,197.00 Cr1,045.00 Cr1,038.00 Cr1,171.00 Cr1,138.00 Cr1,080.00 Cr-346.95 Cr339.01 Cr328.65 Cr1,050.00 Cr338.88 Cr351.75 Cr
Operating Income 73.00 Cr45.00 Cr48.00 Cr28.00 Cr20.00 Cr43.00 Cr-51.34 Cr51.77 Cr-3.83 Cr20.00 Cr-22.09 Cr10.57 Cr
EBITDA 95.00 Cr68.00 Cr75.00 Cr58.00 Cr50.00 Cr75.00 Cr-100.21 Cr130.56 Cr56.27 Cr57.00 Cr-6.28 Cr-6.20 Cr
Interest Expense 12.00 Cr12.00 Cr14.00 Cr20.00 Cr18.00 Cr16.00 Cr-18.71 Cr18.07 Cr17.58 Cr13.00 Cr12.78 Cr13.15 Cr
Pretax Income 80.00 Cr53.00 Cr41.00 Cr50.00 Cr24.00 Cr38.00 Cr-45.42 Cr71.25 Cr1.52 Cr16.00 Cr-54.06 Cr-51.94 Cr
Tax Provision 28.00 Cr15.37 Cr13.53 Cr13.00 Cr-4.80 Cr10.26 Cr-12.06 Cr12.20 Cr61.00 L5.76 Cr-19.96 Cr15.59 Cr
Net Income 52.00 Cr37.00 Cr27.00 Cr37.00 Cr29.00 Cr28.00 Cr-33.36 Cr59.05 Cr91.00 L10.00 Cr-34.10 Cr-67.53 Cr
Diluted EPS 4.523.232.373.252.542.44-2.895.110.080.85-2.95-5.85

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 4,590.00 Cr4,254.00 Cr4,697.00 Cr6,662.00 Cr4,985.00 Cr4,584.00 Cr-4,867.77 Cr4,622.35 Cr4,815.91 Cr4,448.28 Cr
Cost of Revenue -------3,423.47 Cr3,331.17 Cr3,334.13 Cr3,097.10 Cr
Gross Profit -------1,444.30 Cr1,291.17 Cr1,481.78 Cr1,351.18 Cr
Operating Expenses 4,326.00 Cr4,011.00 Cr4,414.00 Cr6,325.00 Cr4,780.00 Cr4,281.00 Cr-1,129.89 Cr1,130.59 Cr1,318.40 Cr1,341.39 Cr
Operating Income 237.00 Cr213.00 Cr249.00 Cr294.00 Cr131.00 Cr228.00 Cr-314.42 Cr160.58 Cr163.38 Cr9.79 Cr
EBITDA 264.00 Cr243.00 Cr283.00 Cr338.00 Cr205.00 Cr303.00 Cr-418.94 Cr342.38 Cr383.60 Cr108.74 Cr
Interest Expense 108.00 Cr80.00 Cr59.00 Cr118.00 Cr171.00 Cr76.00 Cr-42.77 Cr59.70 Cr69.85 Cr56.20 Cr
Pretax Income 174.00 Cr163.00 Cr164.00 Cr241.00 Cr7.00 Cr246.00 Cr-302.39 Cr173.10 Cr169.68 Cr-88.98 Cr
Tax Provision 66.12 Cr60.31 Cr80.36 Cr86.76 Cr17.08 Cr56.58 Cr-86.95 Cr37.22 Cr36.26 Cr1.88 Cr
Net Income 108.00 Cr102.00 Cr84.00 Cr154.00 Cr-10.00 Cr189.00 Cr-216.18 Cr131.08 Cr133.42 Cr-90.86 Cr
Diluted EPS 9.629.087.3913.76-0.8216.6411.6718.7711.3711.56-

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 2,957.00 Cr3,078.00 Cr3,466.00 Cr5,179.00 Cr4,567.00 Cr4,268.00 Cr-4,992.73 Cr3,833.16 Cr4,219.15 Cr4,260.14 Cr
Current Assets -------3,882.35 Cr2,612.12 Cr2,888.72 Cr2,729.45 Cr
Cash & Equivalents -------341.52 Cr114.02 Cr119.79 Cr222.31 Cr
Inventory -------975.60 Cr756.64 Cr717.36 Cr533.52 Cr
Receivables -------1,111.30 Cr1,163.17 Cr1,286.39 Cr1,141.49 Cr
Total Liabilities -------3,085.52 Cr2,391.94 Cr2,494.04 Cr2,665.96 Cr
Current Liabilities -------2,942.58 Cr2,157.56 Cr2,246.60 Cr2,450.14 Cr
Long Term Debt ------11.83 Cr0---
Total Debt 899.00 Cr647.00 Cr723.00 Cr1,590.00 Cr1,084.00 Cr548.00 Cr-100.68 Cr214.90 Cr243.29 Cr158.89 Cr
Total Equity 754.00 Cr863.00 Cr936.00 Cr1,055.00 Cr1,349.00 Cr1,578.00 Cr-1,907.22 Cr1,441.22 Cr1,725.11 Cr1,594.18 Cr
Shares Outstanding -------11.51 Cr11.52 Cr11.53 Cr11.54 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 305.00 Cr437.00 Cr-103.00 Cr-621.00 Cr626.00 Cr658.00 Cr-449.39 Cr353.79 Cr346.80 Cr619.27 Cr
Investing Cash Flow -53.00 Cr-90.00 Cr36.00 Cr-103.00 Cr-41.00 Cr-110.00 Cr--88.02 Cr-210.23 Cr-194.96 Cr-379.78 Cr
Financing Cash Flow -239.00 Cr-368.00 Cr64.00 Cr713.00 Cr-495.00 Cr-604.00 Cr--138.67 Cr-132.63 Cr-146.07 Cr-136.97 Cr
Capital Expenditure -50.00 Cr-48.00 Cr-35.00 Cr-56.00 Cr-29.00 Cr-20.00 Cr--81.19 Cr-131.17 Cr-53.95 Cr-86.78 Cr
Free Cash Flow 255.00 Cr389.00 Cr-138.00 Cr-677.00 Cr597.00 Cr638.00 Cr-368.19 Cr222.62 Cr292.85 Cr532.49 Cr
Net Change in Cash 13.00 Cr-22.00 Cr-3.00 Cr-11.00 Cr90.00 Cr-56.00 Cr-222.70 Cr10.93 Cr5.77 Cr102.52 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -------29.7%27.9%30.8%30.4%
Operating Margin % 5.2%5.0%5.3%4.4%2.6%5.0%-6.5%3.5%3.4%0.2%
Net Margin % 2.4%2.4%1.8%2.3%-0.2%4.1%-4.4%2.8%2.8%-2.0%
ROE % 14.3%11.8%9.0%14.6%-0.7%12.0%-11.3%9.1%7.7%-5.7%
ROCE % -------15.3%9.6%8.3%0.5%

Shareholding Pattern

Insiders
63.04%
Institutions
22.23%
Public Float
60.16%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for BAJAJELEC

Google News Mon, 13 Jul 2026

Dividend Investors: Don't Be Too Quick To Buy Bajaj Electricals Limited (NSE:BAJAJELEC) For Its Upcoming Dividend - simplywall.st

<a href="https://news.google.com/rss/articles/CBMi6gFBVV95cUxNRUlmUno0UW1UTkdCSzU0YzgzenZpQ05ONW1LenlNZ3BneGFmVThOOTQtaU44eEstb0VTYlJjaGM5NlMzZ096UFZaTWdrWG5PNV85dzloVlNqMWpRZHRMdVlWbDFEeEp0UDZZd05NcnFEX001b1hzMkVudTFXdGRRRG5udDJYNmhMSWZuej…

Google News hu, 25 Jun 2026

BAJAJELEC Forecast — Price Target — Prediction for 2027 - TradingView

<a href="https://news.google.com/rss/articles/CBMifEFVX3lxTFBFWXNyVjFOejMzZ21jdC1xanNHbHMxTUJnQWlTZURDdnAyclg3aEJuTDNnc3BjWi15a1h1ajZ2ODFoeTRZLTVNUDhhT3pUX2lLdXc1RW05bWJmOEVRaFVzMFBBLWJvd2o5V0JndDBoY3A4dnJxNVlUUGZJT1E?oc=5" target="_blank">…

Google News hu, 12 Feb 2026

Bajaj Electricals Limited Just Missed Earnings; Here's What Analysts Are Forecasting Now - simplywall.st

<a href="https://news.google.com/rss/articles/CBMi6gFBVV95cUxPTGJrRUJONzNUZHU4ZGF0RE5YQXpsVFZvMWtydm1Pb1hfWlFDV0NwaUZoNUxSd3J4eUVxWU9IZUZ4aW9hbHc3VEZZbUJIWHBpQXZNWnktQmJJU0tBVFFpNG9vUDM0bTFlbC1OVVFMcTlmdFh3V0lBbE1vU3dNSzRwOUJtRE5VN05NMzZyWm…

Google News Wed, 24 Sep 2025

Why is Bajaj Electricals stock trending? BAJAJELEC shares jump 13 per cent on major deal news - theweek.in

<a href="https://news.google.com/rss/articles/CBMi7gFBVV95cUxORW1WMkFFaGxDMU5QRzU0MXdnUnNnUHU1SWpBQ3VHeDg2VlJESEVMbXpSZmt1bHV3OXMtalNLSnZzUzU3VXN0YUlMdHJUWEg0bTR4OEdqYzNSYnVfblRNTXM4S0NqUjZUYVNvM3hCT3hlc1lUeEF5N0RxMTdxY3JfaXM4Q2xTdElQT0tjRD…

Google News Wed, 02 Dec 2020

Bajaj Electricals Stock Price Forecast. Should You Buy BAJAJELEC.NS? - StockInvest.us

<a href="https://news.google.com/rss/articles/CBMiU0FVX3lxTFBQM2dWTFNOUllaMmVJb21kTUdMdV9WV3NHemFVQVdFVnZRRVl5Nmw2Y0dpaDZTUlplbHl4b21Wb2dLYlNFdGQ2Z2NPN095U2tBdFZV?oc=5" target="_blank">Bajaj Electricals Stock Price Forecast. Should You Buy …

Google News ue, 20 Jan 2026

Bajaj Electricals share price zooms 11% in weak market on January 20; what you need to know - Upstox

<a href="https://news.google.com/rss/articles/CBMi4gFBVV95cUxPREE1QkhpZHh0RzlYOUhBUW1TLTdRbkZQczlCeWt2UlRxclU4M1huN1pYN3Q5VG1GUjNuRjUzNy1HQ2dQV05IVTdXSExnVElfV2RqSjNuSjhRUFJldVdaTHM2Y01GZ3d6VWRyZjM4dmNkYTlzeGhUbHY5ckM5MXpFSU9ka1pDdldHakxTcH…

BAJAJELEC — Frequently Asked Questions

What is the current share price of Bajaj Electricals Limited (BAJAJELEC)?

As of 2026-07-16 05:21 IST, Bajaj Electricals Limited (BAJAJELEC) trades at ₹331.00 on NSE. Its 52-week range is ₹303.75 to ₹679.55.

What is the market capitalisation of BAJAJELEC?

Bajaj Electricals Limited (BAJAJELEC) has a market capitalisation of ₹3,819.43 Cr on NSE.

What is the P/E ratio of BAJAJELEC?

BAJAJELEC trades at a trailing price-to-earnings (P/E) ratio of 28.63. The industry average P/E is 30.52. Its price-to-book (P/B) ratio is 2.52.

Does BAJAJELEC pay a dividend?

Bajaj Electricals Limited (BAJAJELEC) currently offers a dividend yield of 0.87%.

What is the return on equity (ROE) of BAJAJELEC?

BAJAJELEC has a return on equity (ROE) of -5.70%. Its return on capital employed (ROCE) is -1.81%.

Is BAJAJELEC a good stock to buy?

This page provides a data-driven analysis of Bajaj Electricals Limited (BAJAJELEC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Consumer Cyclical Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All India Stocks