1. India Stocks

  2. •

    Consumer durables

  3. •

    Electronics/Appliances
Bajaj Electricals Limited

Bajaj Electricals Limited

279.00
INR
+0.20
(+0.07%)
-4.51EPS
36.87BMarket Cap
Oct 28Next Earn
Bajaj Electricals Limited
NSE:BAJAJELEC
(National Stock Exchange of India)

Recent

price

279.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
271.96
303.91
330.33
393.9
413.22
441.73
409.26
449.98
642.75
475.45
398.09
412.17
423.42
401.58
417.78
385.58
381.91
Revenue per Share
14.28
11.56
5.01
-0.52
-1.35
10.43
9.86
8.03
15.14
-0.89
16.68
11.2
18.8
11.39
11.57
-7.88
-4.51
Basic EPS, GAAP
4.89
0.89
7.63
-5.6
2.42
24.59
36.73
-13.53
-65.62
57.32
54.09
73.1
32.03
19.34
25.41
46.16
- -
Free Cash Flow per Basic Share
2.34
2.73
2.73
1.95
1.46
4.74
0.01
2.72
3.46
3.45
- -
- -
3
4
3
3
- -
Dividend per Share
60.32
68.52
71.26
69.25
67.06
72.84
83.13
89.54
100.6
118.51
137.79
150.73
165.74
125.11
149.56
138.15
- -
Book Value per Share
60.26
68.52
71.26
69.25
67.06
72.83
83.13
88.96
95.95
114.62
133.79
132.27
147.44
107.14
132.03
109.62
- -
Tangible Book Value per Share
101
102
102
102
103
103
104
104
103
104
114
115
115
115
115
115
116
Basic Weighted Avg Shares
27,394
30,980
33,754
40,286
42,567
45,673
42,418
46,870
66,389
49,389
45,469
47,277
48,678
46,223
48,159
44,483
44,331
Sales/Revenue/Turnover
8.88
7.44
3.41
1.6
1.47
5.61
5.23
6.7
5.15
2.94
5.68
4.84
6.46
3.47
3.65
0.75
0.7
Operating Margin (%)
108
125
145
247
290
274
299
339
439
737
752
692
738
1,096
1,441
1,415
1,353
Depreciation Expense
1,438
1,179
512
-53
-140
1,078
1,022
836
1,564
-93
1,905
1,285
2,162
1,311
1,334
-909
-523
Net Income, GAAP
34.21
33
25.76
- -
- -
37.61
37.15
49.15
36.31
243.74
23.27
25.18
28.75
21.5
21.37
- -
- -
Effective Tax Rate (%)
5.25
3.8
1.52
-0.13
-0.33
2.36
2.41
1.78
2.36
-0.19
4.19
2.72
4.44
2.84
2.77
-2.04
-1.18
Profit Margin (%)
2,288
2,514
1,816
562
1,223
792
153
2,374
1,725
3,379
4,283
4,535
9,398
4,546
6,421
2,793
- -
Working Capital
451
405
345
1,306
1,706
958
170
115
2,126
1,531
477
422
717
1,726
1,867
1,113
- -
LT Debt
6,111
6,999
7,286
7,096
6,926
7,537
8,631
9,365
10,559
13,483
15,782
17,052
19,072
14,412
17,251
15,942
- -
Total Equity
23.33
18.33
8.04
- -
- -
8.81
8.59
6.06
9.52
-8.27
9.61
7.84
11.63
6.71
8.35
- -
- -
Return on Invested Capital (%)
24.52
19.34
11.09
- -
- -
10.29
9.53
7.11
10.73
-9.75
11.08
9.44
12.97
9.71
10.19
- -
- -
Return on Capital (%)
26.01
17.98
7.17
-0.74
-1.99
14.91
12.64
9.29
15.7
-0.77
13.02
7.77
11.88
7.83
8.43
-5.47
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
476
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1,113
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
115
115
115
Market Capitalization
55,069
38,973
36,868

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
27,295
- -
Cash, Cash Equivalents & STI
- -
6,334
- -
Accounts Receivable, Net
- -
11,415
- -
Inventories
- -
5,335
- -
Total Current Liabilities
- -
24,501
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
476
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.81%
1.52%
-7.59%
Free Cash Flow
16.3%
10.69%
81.82%
Net Income, GAAP
-236.55%
-34%
-168.1%
Sales/Revenue/Turnover
0.99%
-0.31%
-7.63%
Total Cash Common Dividend
- -
- -
0.1%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
11,523
11,146
12,863
12,627
48,159
2026
10,592
- -
10,483
12,381
44,483
2027
10,876
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.44
1.12
2.89
5.12
11.57
2026
0.08
- -
-2.95
-5.65
-7.88
2027
4.19
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
3
2027
- -
- -
- -
- -
- -
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Business
Bajaj Electricals Limited manufactures and markets a diverse range of consumer electrical products and lighting solutions; its core offerings include home appliances such as mixer grinders, geysers, water purifiers, air coolers, induction cookers, and kitchen appliances; fans encompassing ceiling fans, BLDC fans, and Energos series; cookware under the Nirlep brand featuring non-stick tawas and utensils; lighting products like LED lamps, tubes, luminaires, and smart lighting solutions; professional lighting for urban infrastructure, street lighting, and energy-efficient systems; and grooming tools under the Morphy Richards brand including body groomers and hot hair brushes. The company, founded in 1938 as Radio Lamp Works Limited and renamed Bajaj Electricals Limited in 1960, maintains its headquarters in Mumbai, Maharashtra, India, and operates primarily in India with exports targeting the Middle East, Africa, Europe, and select South Asian markets including Nepal, Bhutan, Bangladesh, the Maldives, and Sri Lanka. As part of the Bajaj Group, a multinational conglomerate, it leverages an extensive distribution network of over 1,000 distributors, 4,000 authorized dealers, 400,000 retail outlets, and 282 customer care centers across the country. Recent developments include the demerger of its engineering, procurement, and construction (EPC) business into Bajel Projects Limited in 2023 to sharpen focus on consumer products and lighting; the acquisition of Nirlep Appliances Private Limited via a scheme of merger, granting access to its non-stick cookware brand, manufacturing facilities, and intellectual property; the launch of the premium Nex brand in 2023 offering high-performance appliances backed by advanced technology; a strategic three-year exclusive partnership with Slovakia's SEAK s.r.o. in October 2025 for smart lighting and EV charging control systems in Indian tunnel infrastructure; extension of its Morphy Richards trademark agreement for 15 years from 2022 to fortify the lifestyle brand; and the acquisition of Morphy Richards brand rights and intellectual property for Rs 146 crore in September 2025 across six South Asian markets, enhancing its premium appliance portfolio.