Bajaj Electricals Limited

NSE: BAJAJELEC · Unclassified

₹275.95+0.77%06 Nov 2026

Ask the data

Instant answers about Bajaj Electricals Limited — computed from its filings, no language model

Market cap₹3,184 cr

Current price₹275.95

High / Low₹528 / ₹267

P/E—

P/B1.92

Book value₹143.6

ROE-1.6%

ROCE3.4%

Debt / equity0.00

Dividend yield1.09%

EPS (TTM)₹-2.35

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	4,987	4,585	4,813	5,429	4,641	4,828	4,462
EBITDA	208	303	250	358	260	307	138
Operating margin	4.2%	6.6%	5.2%	6.6%	5.6%	6.4%	3.1%
Interest	171	76	70	48	63	70	56
Depreciation	74	75	69	82	110	144	142
Profit before tax	10	246	166	303	173	170	-89
Tax	17	57	42	87	37	36	2
Net profit	-9	191	129	216	131	133	-91
EPS ₹	-0.99	16.54	10.85	18.80	11.39	11.57	-7.88
Operating cash flow	—	—	914	450	354	347	619
Capex	—	—	76	84	131	54	87
Dividend paid	—	—	0	34	46	35	35
Total assets	—	—	—	4,677	3,833	4,219	4,260
Equity	—	—	—	1,907	1,441	1,725	1,594

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,301	1,096	1,284	1,301	608	1,214	1,500	1,258	857	1,302	1,320	1,334	1,229	1,226	1,484	1,490	1,112	1,113	1,228	1,188	1,155	1,118	1,290	1,265	1,065	1,107	1,051	1,240	1,089	1,123
Operating profit	73	24	67	37	-22	103	147	73	1	94	92	63	75	96	102	86	68	57	58	50	75	52	87	93	33	62	13	40	78	68
Operating margin	5.6%	2.2%	5.2%	2.9%	-3.6%	8.5%	9.8%	5.8%	0.1%	7.2%	7.0%	4.7%	6.1%	7.8%	6.9%	5.7%	6.1%	5.1%	4.7%	4.2%	6.5%	4.6%	6.8%	7.3%	3.1%	5.6%	1.2%	3.2%	7.1%	6.0%
Other income	17	11	7	17	7	10	22	31	9	21	18	21	8	18	18	32	20	29	43	22	11	15	13	16	30	8	15	9	26	13
Interest	50	45	40	36	27	22	16	11	23	19	16	11	8	10	17	14	12	14	20	18	16	17	19	18	18	13	13	13	16	15
Depreciation	17	18	19	20	19	18	20	18	17	17	17	18	19	19	19	24	23	27	30	30	32	35	36	41	37	37	35	33	31	30
Profit before tax	23	-28	16	-1	-32	74	134	72	-31	79	66	52	57	84	83	79	53	45	50	24	38	15	45	71	2	20	-49	-52	66	35
Tax	9	4	6	-1	-15	20	36	18	-6	17	18	13	16	22	22	28	15	13	13	-5	10	2	12	12	1	6	-20	16	17	9
Net profit	14	-32	10	-1	-16	54	99	55	-22	63	48	39	43	60	61	52	37	27	37	29	28	13	33	59	1	10	-34	-68	48	26
EPS ₹	1.34	-3.18	0.91	-0.08	-1.46	4.72	8.59	4.74	-2.18	5.45	4.20	3.37	3.59	5.39	5.31	4.51	3.23	2.37	3.25	2.55	2.44	1.12	2.89	5.12	0.08	0.85	-2.95	-5.85	4.19	2.26
Revenue YoY	—	—	—	—	-53.2%	10.8%	16.8%	-3.2%	40.9%	7.2%	-12.0%	6.0%	43.4%	-5.9%	12.5%	11.7%	-9.5%	-9.2%	-17.3%	-20.3%	3.8%	0.5%	5.0%	6.5%	-7.8%	-1.0%	-18.5%	-2.1%	2.3%	1.5%
Profit YoY	—	—	—	—	-210.4%	—	900.7%	—	—	16.5%	-51.1%	-27.9%	—	-4.2%	26.8%	31.8%	-13.6%	-54.7%	-38.9%	-43.5%	-24.3%	-52.7%	-10.7%	101.5%	-96.8%	-23.6%	-202.2%	-214.4%	5215.4%	164.7%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Bajaj Electricals Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,771	2,254	2,741	3,099	3,387	4,048	4,258	4,641	4,298	4,716	6,673
Operating profit	180	243	258	234	108	82	89	259	243	293	367
Operating margin	10.2%	10.8%	9.4%	7.5%	3.2%	2.0%	2.1%	5.6%	5.6%	6.2%	5.5%
Other income	6	3	6	10	18	15	24	23	36	53	47
Interest	37	31	29	55	67	78	105	101	80	59	116
Depreciation	9	9	11	13	14	25	29	27	30	34	38
Profit before tax	140	201	219	176	69	-6	-21	154	168	164	259
Tax	51	84	75	58	18	-1	-7	58	60	81	92
Net profit	89	117	144	118	51	-5	-14	96	108	84	167

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	305	365	452	318	379	425	649	365	512	592	784	484	588	690	980	544	701	794	1,060	666	734	873	1,114	783	960	1,033	1,271	888	1,029	1,029	1,312	1,009	1,128	1,147	1,357	959	1,006	1,055	1,278	1,029	936	1,145	1,606	1,140	1,598	2,162	1,773
Operating profit	30	37	56	25	30	43	82	36	55	61	92	41	45	71	102	30	53	65	86	35	24	36	13	20	-2	58	5	37	10	-35	77	60	46	79	74	56	45	67	74	45	43	70	135	80	80	138	69
Operating margin	9.7%	10.2%	12.5%	7.9%	7.9%	10.1%	12.6%	9.8%	10.7%	10.3%	11.8%	8.4%	7.6%	10.3%	10.4%	5.5%	7.5%	8.2%	8.1%	5.2%	3.3%	4.1%	1.2%	2.6%	-0.2%	5.6%	0.4%	4.2%	1.0%	-3.4%	5.9%	6.0%	4.1%	6.9%	5.5%	5.9%	4.5%	6.4%	5.8%	4.4%	4.6%	6.1%	8.4%	7.0%	5.0%	6.4%	3.9%
Other income	1	2	1	1	1	1	4	0	1	1	1	1	2	1	2	1	1	2	6	3	4	3	8	2	2	2	9	2	3	10	9	5	5	5	8	10	8	7	11	10	11	10	23	9	6	6	26
Interest	8	8	7	8	10	11	8	9	9	9	5	6	8	9	7	11	13	15	16	16	17	18	16	16	20	20	23	23	26	28	27	24	26	29	22	23	20	21	17	15	14	14	15	18	23	33	42
Depreciation	2	2	2	2	2	2	3	2	2	2	2	2	2	3	3	3	3	3	4	3	3	4	4	4	4	10	6	8	7	7	7	7	6	7	7	7	7	8	8	8	9	8	9	9	9	10	10
Profit before tax	21	30	49	16	19	31	75	25	44	51	80	34	36	60	89	17	37	49	73	18	32	17	1	2	-23	30	-15	8	-20	-61	53	35	19	47	53	37	26	45	60	33	31	57	44	62	53	100	44
Tax	8	11	16	6	7	11	27	9	15	17	43	12	13	19	32	6	12	16	24	6	5	6	0	1	-8	10	-4	2	-6	-9	6	14	7	18	19	14	9	15	22	12	12	20	37	22	19	36	15
Net profit	13	19	33	10	12	19	47	16	29	34	37	22	23	41	57	11	25	33	49	12	27	12	1	1	-15	20	-11	6	-14	-52	47	20	11	29	35	23	17	30	38	20	19	37	7	41	34	64	29
EPS ₹	7.62	10.95	19.22	5.79	7.07	11.25	27.45	9.46	16.65	19.35	3.92	2.31	2.36	4.13	5.83	1.12	2.51	3.30	4.92	1.20	2.70	1.17	0.07	0.07	-1.54	2.01	-1.07	0.56	-1.42	-5.20	4.67	2.02	1.11	2.91	3.44	2.27	1.64	2.97	3.80	2.02	1.87	3.62	0.71	3.97	3.33	6.25	2.79
Revenue YoY	—	—	—	—	24.4%	16.4%	43.5%	15.1%	35.0%	39.3%	20.9%	32.4%	14.8%	16.4%	24.9%	12.5%	19.2%	15.1%	8.2%	22.4%	4.7%	10.0%	5.1%	17.6%	30.8%	18.4%	14.1%	13.3%	7.2%	-0.4%	3.2%	13.7%	9.5%	11.4%	3.5%	-4.9%	-10.8%	-8.0%	-5.8%	7.3%	-7.0%	8.5%	25.7%	10.7%	70.9%	88.8%	10.4%
Profit YoY	—	—	—	—	-7.4%	2.7%	42.9%	63.3%	139.2%	75.4%	-21.1%	37.5%	-20.4%	19.1%	53.4%	-50.8%	7.5%	-19.1%	-14.7%	8.3%	7.7%	-64.4%	-98.7%	-94.5%	-157.0%	71.5%	-1790.5%	753.0%	—	-360.9%	—	261.3%	—	—	-26.0%	12.4%	48.0%	1.4%	10.8%	-10.4%	13.9%	24.0%	-81.0%	97.7%	79.6%	73.6%	290.4%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	10.7%	11.4%	11.3%	11.0%	13.2%	11.4%	9.1%	8.5%	7.4%	7.1%	7.7%	6.2%	6.0%	2.1%	-5.7%	-2.7%	-1.6%
ROCE	—	—	—	—	—	—	—	—	—	—	17.0%	17.9%	18.4%	18.4%	23.5%	21.3%	16.4%	15.7%	13.6%	13.1%	13.9%	11.9%	12.0%	6.2%	-1.4%	2.5%	3.4%
Net margin	-0.2%	-0.9%	1.1%	2.9%	4.2%	3.8%	3.9%	3.0%	2.7%	3.7%	3.7%	3.9%	4.0%	4.0%	3.4%	3.1%	2.8%	2.6%	2.3%	2.2%	2.8%	2.2%	2.2%	0.8%	-2.0%	-1.0%	-0.6%
EBITDA margin	4.1%	2.5%	4.2%	5.8%	6.6%	6.7%	6.4%	5.5%	5.2%	6.3%	6.4%	6.4%	6.6%	6.6%	6.0%	5.4%	5.0%	5.1%	5.0%	5.6%	6.4%	5.6%	5.8%	4.5%	3.3%	4.3%	4.4%
Debt / equity	—	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest coverage	1.06	0.69	1.45	2.72	4.25	4.44	4.62	3.66	3.38	5.68	6.79	7.11	7.27	6.75	5.64	4.82	3.73	3.34	2.80	2.77	3.43	2.87	3.08	1.73	-0.40	0.72	1.00
Asset turnover	—	—	—	—	—	—	—	—	—	—	1.18	1.22	1.16	1.14	1.37	1.31	1.21	1.22	1.21	1.23	1.14	1.12	1.21	1.15	1.05	1.05	1.06

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	23	23	23	23	23	23	23	23	23
Other equity / reserves	1,760	1,884	1,325	1,418	1,440	1,702	1,690	1,571	1,634
Total equity	1,783	1,907	1,348	1,441	1,463	1,725	1,713	1,594	1,657
Borrowings	9	0	0	0	0	0	0	0	0
Current liabilities	2,435	2,617	2,204	2,158	2,165	2,247	1,998	2,450	2,410
Non-current liabilities	114	153	235	234	241	247	208	216	193
Total assets	4,331	4,677	3,787	3,833	3,869	4,219	3,919	4,260	4,260
Property, plant & equipment	414	478	538	352	365	595	544	274	247
Capital work-in-progress	33	41	73	62	53	9	12	1	1
Investments	41	47	6	35	41	233	306	267	328
Inventories	1,043	1,072	881	757	755	717	599	534	705
Receivables	1,424	1,565	1,097	1,176	1,110	1,301	1,251	1,173	1,200
Cash & equivalents	174	342	78	114	35	120	141	222	122

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	914	450	354	347	619
Cash from investing	-71	-88	-210	-195	-380
Cash from financing	-771	-139	-371	-146	-137
Capex	76	84	131	54	87
Free cash flow	838	365	223	293	532
Dividends paid	0	34	46	35	35

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹247 cr6%

CWIP

₹1 cr0%

Investments

₹328 cr8%

Inventories

₹705 cr17%

Receivables

₹1,200 cr28%

Cash & equivalents

₹122 cr3%

Other assets

₹1,657 cr39%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Bajaj Electricals Limited	3,184	275.95	—	1.92	-1.6%

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-8.2%

6 months-33.6%

1 year-47.9%

3Y CAGR-35.9%

5Y CAGR-24.2%

10Y CAGR+1.0%

50-day avg₹307.94

200-day avg₹346.92

RSI (14)33

FAQs

What is the share price of Bajaj Electricals Limited?

Bajaj Electricals Limited (BAJAJELEC) closed at ₹275.95 on NSE on 06 Nov 2026.

What is the market cap of Bajaj Electricals Limited?

₹3,184 crore at the latest close.

How fast is Bajaj Electricals Limited growing?

Bajaj Electricals Limited: revenue has compounded at -6.3% a year over three years. Latest-quarter revenue is up 1.5% year on year, profit up 164.7%.

How profitable is Bajaj Electricals Limited?

On a trailing-twelve-month basis return on equity is -1.6%, return on capital employed 3.4%, operating margin 4.4%, net margin -0.6%.

How much debt does Bajaj Electricals Limited have?

Bajaj Electricals Limited is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹122 cr (balance sheet of 2026-09-30). Operating profit covers interest 1.0 times.

Financials parsed from Bajaj Electricals Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.