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Prices as of 8 Oct 2026 close · Not investment advice

Bajaj Electricals Limited

NSE: BAJAJELECHousehold Appliances

Share price

₹298.00

+2.74% close of 9 Oct 2026

Market cap ₹3,339 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

43

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,339 Cr

P/E ratio

—

P/B ratio

2.1

ROCE

2.9%

ROE

-0.7%

Dividend yield

1.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹548.0052-week low ₹290.05

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 5.3% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 6.4% to 4.1% over the last four years.

Whether it grew faster than its sector

It grew 8.0% a year against a sector median of 11.3% — 3.3 percentage points slower.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Bajaj Electricals Limited — this one———
LG Electronics India Limited8%/yr64.1×₹8.0
Voltas Limited17%/yr72.9×₹4.3
Blue Star Limited27%/yr58.8×₹2.2
Amber Enterprises India Limited8%/yr111.9×₹14.0
Crompton Greaves Consumer Electricals Limited-10%/yr29.2×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Household Appliances), it ranks 21 of 21 on returns, 19 of 21 on growth, 19 of 21 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 2.9% on capital, ahead of 0% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹2683 crore of cash from the business, spent ₹359 crore on plant and equipment, and returned ₹1326 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 11 years, about 350 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back faster than it used to: it went from being waiting 24 days for its cash to paid 20 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 9 checks clear · 67%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 6 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,089 Cr

Revenue vs last year

+2.3%

Revenue vs last quarter

-12.1%

Net profit

₹48 Cr

Profit vs last year

+4738.0%

Net margin

4.4%

EPS

₹4.19

Earnings call transcript · 6 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,339 Cr
Prev close
₹298.00
52w High
₹561
52w Low
₹289
Enterprise value
₹3,240 Cr
Beta
1.0
Price CAGR 1y
-44.0%
Price CAGR 3y
-34.0%
Price CAGR 5y
-23.0%
Price CAGR 10y
2.0%

Ratios

Return on assets
-2.1%
PEG ratio
—
P/E ratio
—
P/B ratio
2.1
EV / EBITDA
25.3
Industry P/E
33.9
ROCE
2.9%
ROCE 5y average
11.6%
ROE
-0.7%
Debt / Equity
0.1
Interest coverage
-0.6
Dividend yield
1.0%
ROE 3y average
4.0%
ROE last year
-1.0%

Annual P&L

Annual revenue
₹4,461 Cr
Annual profit
-₹91 Cr
Operating margin
3.1%
Net profit margin
-2.0%
EBITDA margin
3.1%
Sales growth 3y
-3.0%
Sales growth 5y
-0.5%
Profit growth 3y
—
Profit growth 5y
—
EPS
₹-7.9
Sales growth TTM
-5.0%
Profit growth TTM
-143.0%
Dividend payout
-38.0%

Quarter P&L

Sales latest quarter
₹1,089 Cr
Profit latest quarter
₹48 Cr
YoY quarterly sales growth
2.3%
YoY quarterly profit growth
4700.0%
OPM latest quarter
7.1%

Balance Sheet

Book Value
₹139
Face Value
₹2.0
Total debt
₹159 Cr
Total cash
₹258 Cr
Borrowings
₹159 Cr
Reserves / Equity
68.3

Cash Flow

Operating cash flow
₹619 Cr
Free cash flow
₹534 Cr
FCF yield
14.3%
Net cash flow
₹103 Cr

Shareholding

Promoter holding
62.7%
FII holding
5.4%
DII holding
16.8%
Public holding
15.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
LG Electronics1,780.3066.31,20,8900.00652.927.27,233.415.532.3
Voltas1,056.8074.834,9450.38212.852.24,673.518.79.0
Blue Star1,530.1059.731,6100.56102.5-21.03,377.913.321.2
Amber Enterp.6,925.00118.524,4550.003.1-3.43,887.712.710.3
Crompton Gr. Con210.7029.813,5471.42140.312.12,022.511.219.0
V-Guard Industri302.1534.713,1990.50130.376.41,810.723.518.4
Whirlpool India845.5039.310,7250.59102.9-29.42,726.812.110.7
Bajaj Electrical300.703,4651.0048.4515.41,089.42.32.9
Median517.8534.53,8280.3832.129.3886.017.110.9

Competes with: Amber Enterprises India Limited, Blue Star Limited, Crompton Greaves Consumer Electricals Limited, LG Electronics India Limited, V-Guard Industries Limited, Voltas Limited, Whirlpool of India Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1121,1131,2281,1881,1551,1181,2901,2651,0651,1071,0511,2401,089
Expenses1,0451,0381,1711,1381,0801,0671,2021,1721,0321,0501,0431,2001,012
Material Cost137123122135112151
Change in Inventories1749653237-89
Purchases of Stock-in-Trade708552563552702658
Employee Cost9599107919497
Other Expenses216208188227254194
Operating Profit6875585075528793335784077
OPM %6.086.774.694.196.534.616.787.353.065.160.763.227.08
Other Income206432211151338248-14-4635
Exceptional items (within Other Income)21-6.680-29-568.78
Interest12142018161719181813131316
Depreciation23273030323536413737353331
Profit before tax5341502438154571216-54-5266
Tax %293326-20271227174036-373026
Net Profit3727372928133359110-34-6848
EPS in Rs3.232.373.252.542.441.122.895.120.080.85-2.96-5.854.19
Diluted EPS in Rs5.110.080.85-2.95-5.854.18

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,5904,2544,6976,6624,9854,5844,8114,8894,6394,8284,4624,487
Expenses4,3264,0114,4146,3254,7804,2814,5604,5154,3794,5194,3234,305
Material Cost549493
Change in Inventories29183
Purchases of Stock-in-Trade2,7182,370
Employee Cost380391
Other Expenses846887
Operating Profit264243283338205303250375260307138182
OPM %66654.10758663.104.10
Other Income4630-2665469555468276-29-18
Exceptional items (within Other Income)21-91
Interest108805911817176704463705654
Depreciation2730344474756974110144142135
Profit before tax1741631642417246166303168170-89-25
Tax %3837493624423252922212
Net Profit10810284154-10189124216131133-91-43
EPS in Rs9.629.087.3914-0.821711191112-7.87-3.77
Diluted EPS in Rs12-7.88
Dividend Payout %26284323-0-027212626-38

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
-0%
5 years
-1%
3 years
-3%
TTM
-5%

Compounded profit growth

10 years
—
5 years
—
3 years
—
TTM
-143%

Stock price CAGR

10 years
2%
5 years
-23%
3 years
-34%
1 year
-44%

Return on equity

10 years
8%
5 years
7%
3 years
4%
Last year
-1%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2020202023232323232323
Reserves7348439161,0351,3261,5551,7091,8841,4181,7021,571
Borrowings8996477231,5901,08454891101215243159
Other Liabilities1,3051,5691,8062,5332,1352,1422,1692,9852,1772,2512,507
Total Liabilities2,9573,0783,4665,1794,5674,2683,9924,9933,8334,2194,260
Fixed Assets276310316393469531754770916950908
CWIP218691118444263132
Investments777281113554735233402
Other Assets2,5832,6883,1364,7664,0753,7143,1894,1342,8193,0232,948
Total Assets2,9573,0783,4665,1794,5674,2683,9924,9933,8334,2194,260

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity305437-103-621626658914449354347619
Cash from Investing Activity-53-9036-103-41-110-70-88-449-195-380
Cash from Financing Activity-239-36864713-495-604-771-139-133-146-137
Net Cash Flow13-22-3-1190-5673223-2276103
Free Cash Flow255389-138-677597638871378223318534

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1121151361441501208683929793
Inventory Days6076686477120111106857964
Days Payable668410085100117137195206212237
Cash Conversion Cycle10610710412312712460-6-30-35-79
Working Capital Days2-4169172924391235-20
ROCE %151917712121813123

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters636363636363636363636363
FIIs1010107.938.237.827.797.897.756.486.505.37
DIIs121213151616161616171717
Public151514151314141414141415
No. of Shareholders63,10165,60063,09459,46061,77465,27968,26368,57377,02977,07181,28784,855

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -44.6% (₹538.25 → ₹298.00)Brick size ₹9.37 (fixed)Bricks 63
₹400₹500₹298Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹298.00 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,97,47,733inr

2026-03-31

News

News and filings about Bajaj Electricals Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • LED bulb housings, diffusers and fan spare parts
  • aluminium
  • copper
  • engineering plastics
  • integrated circuits and electronic components
  • steel

Depends on the price of

  • aluminium
  • copper
  • steel

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Household Appliances
Classification
Consumer Durables › Household Appliances
ISIN
INE193E01025

Business segments

  • Consumer Products · 75%
  • Lighting Solutions · 25%

Plants

  • Chakan Plant · Chakan, Maharashtra
  • Chhatrapati Sambhajinagar Plant · Chhatrapati Sambhajinagar, Maharashtra
  • Nashik Plant · Nashik, Maharashtra

News impact

Big market events that reach Bajaj Electricals Limited, and how the effect spreads.

Who it hits first

  • Induction cooker demand to surge 30-40% as government prepares for LPG shortage contingency

Who may gain

  • Havells, Stove Kraft, Crompton, Dixon as direct induction makers/manufacturers
  • V-Guard benefits from stabilizer demand

Along the supply chain

Downstream

LPG distributors see reduced consumer segment demand over time

Upstream

Copper and glass-ceramic suppliers see demand uptick; PG Electroplast benefits

Where demand moves

Business

LPG shortage → consumers shift to induction cooking → appliance demand surges → supply chains for coils, glass-ceramic tops ramp up

Capital

Consumer durables sector gets demand catalyst → money flows from oil/gas to consumer electricals

How it spreads across sectors

Oil & Gas

LPG demand reduction accelerates energy transition

Power

More induction cooking = higher household electricity demand

When it plays out

Immediate

Appliance stocks rally on government demand signal; retail stocking begins

Medium term

If sustained, India's cooking energy mix shifts structurally

Short term

Component supply constraints may cause short-term price inflation

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

17 Jul 2026unspecified₹3
18 Jul 2025unspecified₹3
19 Jul 2024unspecified₹3
14 Sep 2023demerger₹0
28 Jul 2023unspecified₹4
28 Jul 2022unspecified₹3
25 Jul 2019unspecified₹3.5
2 Aug 2018unspecified₹3.5

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
6 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDBUY7,86,736₹393.63
6 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDSELL7,86,736₹393.81
2 Jun 2026JAMNALAL SONS PRIVATE LIMITEDSELL56,16,000₹320.48
2 Jun 2026MADHUR SECURITIES PRIVATE LIMITEDBUY9,36,000₹320.40
2 Jun 2026NIRAJ HOLDINGS PRIVATE LIMITEDBUY9,36,000₹320.35
2 Jun 2026RAHUL SECURITIES PVT LTDBUY9,36,000₹320.55
2 Jun 2026KAMALNAYAN INVESTMENTS AND TRADING PRIVATE LIMITEDBUY9,36,000₹320.60
2 Jun 2026SHEKHAR HOLDINGS PVT. LTD.BUY9,36,000₹320.45
2 Jun 2026RUPA EQUITIES PRIVATE LIMITEDBUY9,36,000₹320.50

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.