BAJAJELEC · Bajaj Electricals Ltd · Electronic Instr. & Controls
BAJAJELEC · Bajaj Electricals Ltd · Electronic Instr. & Controls
As of 05 Nov close
52-week range
50.1% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,089 Cr
Revenue YoY
PAT YoY
+5216.5%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3
P/S (TTM)
0.9
Sector P/E
33.8
Dividend yield
+0.9%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BAJAJELEC (this stock) | Not meaningful (earnings negative over the last 12 months) | 3 | -1.0% | -2.7% | 0.1 | +0.9% |
| ABB India | 94.7 | 16 | +21.9% | +32.0% | 0.02 | +0.4% |
| Hitachi Energy India | 135.3 | 26.5 | +12.6% | +22.2% | 0.02 | +0.0% |
| CG Power and Industrial Solutions | 114.8 | 17.9 | +9.6% | +20.4% | 1.07 | +0.2% |
Promoter
stable
FII
falling 1q
MF
16.82% (-0.06pp)
falling 2q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 02 Jun 2026 | Jamnalal Sons Private Limited | SELL | 56,16,000 | ₹180 Cr |
| 02 Jun 2026 | Kamalnayan Investment & Trading Private Limited | BUY | 9,36,000 | ₹30.01 Cr |
| 02 Jun 2026 | Madhur Securities Private Limited | BUY | 9,36,000 | ₹29.99 Cr |
| 02 Jun 2026 | Niraj Holdings Private Limited | BUY | 9,36,000 | ₹29.98 Cr |
| 02 Jun 2026 | Rupa Equities Private Limited | BUY | 9,36,000 | ₹30 Cr |
| 02 Jun 2026 | Rahul Securities Private Limited | BUY | 9,36,000 | ₹30 Cr |
| 02 Jun 2026 | Shekhar Holdings Private Limited | BUY | 9,36,000 | ₹29.99 Cr |
| 24 Nov 2025 | ELLATCH C PRASAD | BUY | 8,250 | ₹41.79 lakh |
| 24 Nov 2025 | RAJESH EKNATH NAIK | BUY | 7,317 | ₹36.98 lakh |
| 24 Nov 2025 | DEEPAK AGGARWAL | SELL | 5,102 | ₹26.63 lakh |
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| BAJAJELEC | 2026-06-02 | 5616000 | 6 | WEAK | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Bajaj Electricals Limited reported its Q1 FY27 earnings during an earnings call on August 6, 2026. Management highlighted a 2.3% year-on-year revenue growth, with EBIT margin improving to 6.6% from 2.5%. The consumer products segment grew by 1.7%, while lighting solutions saw a 4.4% increase. Management noted challenges such as input cost inflation and uneven summer demand but emphasized their focus on cost efficiency and channel consolidation. The company expressed optimism about its performance, particularly in consumer products, which returned to growth after previous declines. Management also discussed the impact of legacy contracts on lighting margins and indicated a goal to achieve double-digit margins in the future. Overall, management conveyed confidence in their strategic direction and the potential for continued growth despite competitive pressures.
Management expressed optimism about the company's performance and growth prospects.
Sourced from an exchange-filed transcript, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Bajaj Electricals Limited held its Q4 FY26 Earnings Conference Call on May 20, 2026, where management discussed the company's performance amid challenges such as geopolitical uncertainties and supply chain disruptions. Chairman Shekhar Bajaj noted a modest overall performance but highlighted a strong 28% year-on-year EBIT increase in the Lighting Solutions vertical, which achieved its highest annual EBIT margin of 8.5%. The Consumer Products vertical faced difficulties due to a delayed summer season but management expressed confidence in a recovery. The company maintained a dividend of INR 3 per share and reported a strong liquidity position with INR 934 crores in cash. Management emphasized ongoing efforts in innovation and brand building, aiming for growth above market averages in the coming years. The call concluded with management expressing optimism for improved performance in the next financial year.
Management reported both challenges and positive developments across different business segments.
Sourced from an exchange-filed transcript, dated 26 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Bajaj Electricals Limited held its Q3 FY26 Earnings Conference Call on February 9, 2026, where management discussed the company's financial performance. The Lighting Solutions vertical reported a revenue growth of 9%, attributed to strong demand and improved margins. However, the Consumer Products segment experienced a 25% decline in revenue due to inventory normalization efforts aimed at addressing elevated stock levels. Management emphasized that these actions were strategic and intended to enhance channel health and align with market demand. They noted that while the current margins were negatively impacted, the long-term competitiveness of the business remained intact. The company also highlighted ongoing initiatives to improve operational efficiency and cost management, with a focus on sustainable growth. Overall, management expressed confidence in the company's ability to recover and improve performance in the future.
The document presented both positive growth in Lighting Solutions and challenges in Consumer Products.
Sourced from an exchange-filed transcript, dated 13 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedBajaj Electricals Limited (BAJAJELEC) reported a 7.6% decline in standalone revenue to ₹4,462.16 crore in FY2025-26, with a net loss of ₹77.26 crore compared to a profit of ₹133.42 crore in the prior year. Consolidated revenue also fell by 7.6% to ₹4,462.16 crore, with a net loss of ₹90.86 crore. The company’s cash reserves stood at ₹222.31 crore as of March 31, 2026, and no material changes or regulatory actions were noted during the year. The auditor highlighted key audit matters related to revenue recognition timing and inventory allowances.
- Standalone revenue decreased by 7.6% to ₹4,462.16 crore in FY2025-26, with a net loss of ₹77.26 crore.
- Consumer Products Segment revenue fell by 12.2% to ₹3,342.65 crore, while Lighting Solutions Segment revenue increased by 9.5% to ₹1,119.51 crore.
- Cash and cash equivalents as of March 31, 2026, were ₹222.31 crore, with no material changes or regulatory actions during the year.
- Key audit matters included revenue recognition timing and inventory allowances, with the auditor emphasizing the need for management judgment in these areas.
Key takeaway: Bajaj Electricals Limited faced a significant revenue decline and net loss in FY2025-26, with key audit concerns over revenue recognition and inventory provisions, despite maintaining cash reserves and no major regulatory issues.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
1 occurrenceOlder (3+ years ago)
The company paid a fine of ₹10,000 each to BSE and NSE for a one-day delay in submitting voting results of a postal ballot held on March 26, 2019, as per Regulation 44(3) of the SEBI Listing Regulations.
Default / Covenant Breach
1 occurrenceOlder (3+ years ago)
The company has overdue amounts from Starlite Lighting Limited and Nirlep Appliances Private Limited, with delays ranging from 3-139 days and 43-1758 days respectively.
Routine disclosures
Internal Control Weakness
1 occurrenceOlder (3+ years ago)
The auditor noted that all property, plant and equipment were not physically verified by the management during the year, indicating a potential internal control weakness.
Contingent Liability
5 occurrencesRecent (last 12 months)
The Holding Company has disclosed contingent liabilities of ₹2,886.36 lakhs for FY26 and ₹1,193.00 lakhs for FY25 related to legal challenges against the 2024 Amendment Rules and CPCB Guidelines concerning EPR obligations.
Earlier (1-3 years ago)
The Company has disclosed ₹1,193 lakhs as a contingent liability related to legal challenges against the 2024 Amendment Rules and CPCB Guidelines, which are sub-judice.
The company has contingent liabilities including claims not acknowledged as debts, excise and customs duty disputes, service tax disputes, income tax disputes, sales tax and GST disputes, and uncalled liability on partly paid shares held as investments.
Older (3+ years ago)
The company has trade receivables of ₹15,688.56 lakhs (net of impairment allowance of ₹3,362.88 lakhs) related to operationally closed projects in Power Distribution (PD) and Transmission Line Tower (TLT) business as at March 31, 2023.
The company has a pending proceeding under the Insolvency and Bankruptcy Code, 2016 involving Datamax Marketing Consultants, a sub-contractor appointed by the company for manpower supply.
Related-Party Transaction
5 occurrencesRecent (last 12 months)
Bajaj Electricals Limited (BEL) has a supplier financing arrangement where suppliers receive payment before the expiry of the extended credit period by assigning invoices to a third-party purchaser bank, with the company providing an undertaking to the bank. The suppliers charge interest to the company for the extended credit period.
Earlier (1-3 years ago)
The company has engaged in transactions with Bajel Projects Limited, including bank deposits and interest on such deposits, and with Hind Lamps Private Limited, as well as transactions with key managerial personnel and their relatives, including purchases of cars and CCTV, and long-term and short-term employee benefits.
The company has related-party transactions with Promoters, Directors, or Key Managerial Personnel, which may have a potential conflict with the interest of the Company at large. The details are mentioned in Note No. 38 to the standalone financial statements.
Older (3+ years ago)
Bajaj Electricals Limited (BEL) has transactions with its associate Hind Lamps Limited, including loans and interest on loans, and with key management personnel, including short-term employee benefits and compensation of ₹1,199.07 lakhs.
The company has disclosed transactions with related parties including purchases, royalty payments, loans given, and trade advances to Nirlep Appliances Private Limited, a subsidiary, with specified transaction values and outstanding receivables/payables for the years 2021-22 and 2020-21.
Statutory dues in dispute
2 occurrencesEarlier (1-3 years ago)
The company has outstanding statutory dues of Goods and Service Tax in Maharashtra amounting to 2 lakhs, with disputes pending before the Dy. Commissioner, Commissioner, Jt. Commissioner Appeals, Appellate/Revision Tribunal, and High Court.
Older (3+ years ago)
Bajaj Electricals Limited (BEL) has unpaid statutory dues related to various taxes and duties, including entry tax, sales tax, and service tax, with disputes pending in various forums from 2001-2020, and the total unpaid amount is net of ₹1,000.23 lakhs paid.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Mr. E C Prasad, the Chief Financial Officer and Key Managerial Personnel of Bajaj Electricals Limited, resigned with effect from December 31, 2025.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.22% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).