Bajaj Electricals Limited share price

NSE: BAJAJELEC · ISIN INE193E01025

Key numbers

Market cap
₹ 3,681 Cr
Current price
₹ 318.95
52-week high / low
₹ 575 / 301
Stock P/E
-
Book value
₹ 138.2
Dividend yield
0.94%
ROCE
-1.9%
ROE
-5.5%
Debt to equity
0.10
Sales growth (3 yrs)
-3.0%
Profit growth (3 yrs)
-
1-year return
-45.9%

About Bajaj Electricals Limited

Bajaj Electricals Limited provides consumer products and lighting solutions in India. It offers ceiling, table, pedestal, wall, personal, tower, lifestyle, and domestic exhaust fans; ceiling lights, smart products, inverter lights, lamps, battens, decorative lights, accessories, outdoor lights, and portable lights; and indoor and outdoor lighting products. The company also provides water heaters/geysers, such as storage, instant, gas water heaters, as well as immersion rods; air coolers, including desert, tower, personal, and window coolers; dry and steam irons and garment steamers; room heaters; and kitchen appliances comprising mixers, juicers, table blenders, stand mixers, oven toaster grillers, microwave ovens, coffee makers, air fryers, electric cookers and kettles, toasters, hand blenders, and choppers and hand mixers. In addition, it offers cooking essentials consisting of induction and infrared cooktops, gas stoves, pressure cookers, and cookware; and spare parts and accessories, as well as male and female grooming products. The company offers its products under the Bajaj, Nex, Morphy Richards, and Nirlep brands. The company was formerly known as Radio Lamp Works Limited…

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales1,2631,0591,0481,2381,088
Operating profit9333134377
Net profit591-34-6848
EPS (₹)5.120.08-2.95-5.654.19

Concall summary (2026-08-12)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • It is a pleasure to welcome you to our Q1 FY27 Earnings Call.
  • It gives me great pleasure to say that we have started FY27 on an encouraging note.

Growth & demand

  • As the Chairman mentioned, our overall revenue grew by 2.3% year-on-year in Quarter 1, with consumer products growing at 1.7% after a decline for multiple quarters, and lighting solutions grew at 4.4%.
  • Following a year in which it delivered one of the strongest growth in the industry, a 4.4% growth in this quarter on the top of that stronger base is a credible continuation.

Margins & costs

  • From an industry and macroeconomic perspective, the quarter played out against the backdrop of continued input cost inflation, uneven summer demand across categories and the industry largely seeing calibrated price hikes.
  • However, our EBIT margin improved to 6.6% from 2.5%.

Capex & expansion

  • We have started delivering top-line growth with meaningful margin expansion.
  • While the cooling products contracted, the non-summer products had a meaningful expansion and double-digit growth across categories.

Balance sheet & cash

  • This is primarily driven by expansion in our gross margin and efficiency generated on account of operating leverage.
  • So, our working capital position, see, has improved.

Peers in Furnishings, Fixtures & Appliances

Data for information only, not investment advice. Prices end of day.