Bajaj Electricals Limited

Bajaj Electricals Limited (BAJAJELEC) is a micro-cap Consumer Durables company valued at ₹3,485 crore operating in Household Appliances on the NSE and BSE.

Recent price move

Bajaj Electricals Limited last traded at ₹300.9, modestly down 1.89% on the day.

Recent developments

On 2026-07-17, the company announced a dividend of ₹3.00 per share, with the ex-date set for that day. Promoter holding remained at 62.69% as of 2026-06-30, while foreign institutional holding decreased by 1.14 percentage points and domestic institutional holding fell by 0.05 percentage points in the quarter.

Financial performance

The company's annual revenue fell 7.5% year-over-year, while its latest quarter revenue rose 2.3% compared to the same quarter a year earlier. Net profit swung from a profit of ₹133 crore to a loss of ₹91 crore annually, but the latest quarter net profit surged 5216.5% to ₹48 crore, reversing a loss of ₹1 crore in the same quarter a year ago. Margins and returns are negative, with the net profit margin at -2.0% and return on equity at -5.7%.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 2.45 times book value.

Things to watch

The company reported a net loss of ₹91 crore in its latest financial year, with a net profit margin of -2.0%, down 4.8 percentage points from the prior year. The latest quarter net profit, though positive, is still low at ₹48 crore, and return on equity and return on capital employed are both negative. The stock is 46.3% below its 52-week high.

Where it stands

The company's business is in decline, with annual revenue falling 7.5% and net profit turning from a profit to a loss. The latest quarter saw a sharp rebound in net profit, but overall returns and margins remain negative. The stock is significantly below its 52-week high, and the company's financial performance has deteriorated over the past three years.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.