About
Bajaj Electricals Limited engages in the provision of consumer products and lighting solutions in India. It offers fans, such as ceiling, table, tower, and personal fan; home appliances comprising water heater, air cooler, room heater, and irons; kitchen appliances, including mixer grinder, juicer, stand mixer, hand blender, food processor, air fryer, and kettle; cooking essentials which consists of gas stove, pressure cooers, induction stoves, pans, and Kadhai; and grooming products which include hair dryer, straightener, trimmer, and body groomer. The company also provides consumer lighting products, such as bulbs, batons, decorative light, portable light, and outdoor light; and indoor office, stadium, tunnel, and street light. It offers its products under the Bajaj, Morphy Richards, Nirlep, and Nex brand names. The company was formerly known as Radio Lamp Works Limited and changed its name to Bajaj Electricals Limited in October 1960. The company was incorporated in 1938 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap3,821 Cr
P/E—
Div Yield0.91 %
Book Value₹138.00
52w High₹654.00
52w Low₹301.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,089.00 | 1,240.00 | 1,051.00 | 1,107.00 | 1,065.00 | 1,265.00 | 1,290.00 | 1,118.00 | 1,155.00 | 1,188.00 | 1,228.00 | 1,113.00 | 1,112.00 |
| Expenses | 1,012.00 | 1,200.00 | 1,043.00 | 1,050.00 | 1,032.00 | 1,172.00 | 1,202.00 | 1,067.00 | 1,080.00 | 1,138.00 | 1,171.00 | 1,038.00 | 1,045.00 |
| Operating Profit | 77.00 | 40.00 | 8.00 | 57.00 | 33.00 | 93.00 | 87.00 | 52.00 | 75.00 | 50.00 | 58.00 | 75.00 | 68.00 |
| OPM % | 7.00 | 3.20 | 0.80 | 5.00 | 3.10 | 7.00 | 7.00 | 4.60 | 7.00 | 4.20 | 4.70 | 7.00 | 6.00 |
| Other Income | 35.00 | -46.00 | -14.00 | 8.00 | 24.00 | 38.00 | 13.00 | 15.00 | 11.00 | 22.00 | 43.00 | 6.00 | 20.00 |
| Depreciation | 31.00 | 33.00 | 35.00 | 37.00 | 37.00 | 41.00 | 36.00 | 35.00 | 32.00 | 30.00 | 30.00 | 27.00 | 23.00 |
| Interest | 16.00 | 13.00 | 13.00 | 13.00 | 18.00 | 18.00 | 19.00 | 17.00 | 16.00 | 18.00 | 20.00 | 14.00 | 12.00 |
| Profit before tax | 66.00 | -52.00 | -54.00 | 16.00 | 2.00 | 71.00 | 45.00 | 15.00 | 38.00 | 24.00 | 50.00 | 41.00 | 53.00 |
| Tax % | 26.00 | 30.00 | -37.00 | 36.00 | 40.00 | 17.00 | 27.00 | 12.00 | 27.00 | -20.00 | 26.00 | 33.00 | 29.00 |
| Net Profit | 48.00 | -68.00 | -34.00 | 10.00 | 1.00 | 59.00 | 33.00 | 13.00 | 28.00 | 29.00 | 37.00 | 27.00 | 37.00 |
| EPS in Rs | 4.19 | -5.85 | -2.96 | 0.85 | 0.08 | 5.12 | 2.89 | 1.12 | 2.44 | 2.54 | 3.25 | 2.37 | 3.23 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,461.00 | 4,826.00 | 4,639.00 | 4,889.00 | 4,811.00 | 4,584.00 | 4,985.00 | 6,662.00 | 4,697.00 | 4,254.00 | 4,590.00 |
| Expenses | 4,323.00 | 4,519.00 | 4,379.00 | 4,515.00 | 4,560.00 | 4,281.00 | 4,780.00 | 6,325.00 | 4,414.00 | 4,011.00 | 4,326.00 |
| Operating Profit | 138.00 | 307.00 | 260.00 | 375.00 | 250.00 | 303.00 | 205.00 | 338.00 | 283.00 | 243.00 | 264.00 |
| OPM % | 3.10 | 6.00 | 6.00 | 8.00 | 5.00 | 7.00 | 4.10 | 5.00 | 6.00 | 6.00 | 6.00 |
| Other Income | -29.00 | 76.00 | 82.00 | 46.00 | 55.00 | 95.00 | 46.00 | 65.00 | -26.00 | 30.00 | 46.00 |
| Interest | 56.00 | 70.00 | 63.00 | 44.00 | 70.00 | 76.00 | 171.00 | 118.00 | 59.00 | 80.00 | 108.00 |
| Depreciation | 142.00 | 144.00 | 110.00 | 74.00 | 69.00 | 75.00 | 74.00 | 44.00 | 34.00 | 30.00 | 27.00 |
| Profit before tax | -89.00 | 170.00 | 168.00 | 303.00 | 166.00 | 246.00 | 7.00 | 241.00 | 164.00 | 163.00 | 174.00 |
| Tax % | 2.00 | 21.00 | 22.00 | 29.00 | 25.00 | 23.00 | 244.00 | 36.00 | 49.00 | 37.00 | 38.00 |
| Net Profit | -91.00 | 133.00 | 131.00 | 216.00 | 124.00 | 189.00 | -10.00 | 154.00 | 84.00 | 102.00 | 108.00 |
| EPS in Rs | -7.87 | 11.57 | 11.38 | 18.78 | 11.19 | 16.64 | -0.82 | 13.76 | 7.39 | 9.08 | 9.62 |
| Dividend Payout % | -38.00 | 26.00 | 26.00 | 21.00 | 27.00 | 0.00 | 0.00 | 23.00 | 43.00 | 28.00 | 26.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 20.00 | 20.00 | 20.00 | 20.00 |
| Reserves | 1,571.00 | 1,702.00 | 1,418.00 | 1,884.00 | 1,709.00 | 1,555.00 | 1,326.00 | 1,035.00 | 916.00 | 843.00 | 734.00 |
| Borrowings | 159.00 | 243.00 | 215.00 | 101.00 | 91.00 | 548.00 | 1,084.00 | 1,590.00 | 723.00 | 647.00 | 899.00 |
| Other Liabilities | 2,507.00 | 2,251.00 | 2,177.00 | 2,985.00 | 2,169.00 | 2,142.00 | 2,135.00 | 2,533.00 | 1,806.00 | 1,569.00 | 1,305.00 |
| Total Liabilities | 4,260.00 | 4,219.00 | 3,833.00 | 4,993.00 | 3,992.00 | 4,268.00 | 4,567.00 | 5,179.00 | 3,466.00 | 3,078.00 | 2,957.00 |
| Fixed Assets | 908.00 | 950.00 | 916.00 | 770.00 | 754.00 | 531.00 | 469.00 | 393.00 | 316.00 | 310.00 | 276.00 |
| CWIP | 2.00 | 13.00 | 63.00 | 42.00 | 44.00 | 18.00 | 11.00 | 9.00 | 6.00 | 8.00 | 21.00 |
| Investments | 402.00 | 233.00 | 35.00 | 47.00 | 5.00 | 5.00 | 13.00 | 11.00 | 8.00 | 72.00 | 77.00 |
| Other Assets | 2,948.00 | 3,023.00 | 2,819.00 | 4,134.00 | 3,189.00 | 3,714.00 | 4,075.00 | 4,766.00 | 3,136.00 | 2,688.00 | 2,583.00 |
| Total Assets | 4,260.00 | 4,219.00 | 3,833.00 | 4,993.00 | 3,992.00 | 4,268.00 | 4,567.00 | 5,179.00 | 3,466.00 | 3,078.00 | 2,957.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 619.00 | 347.00 | 354.00 | 449.00 | 914.00 | 658.00 | 626.00 | -621.00 | -103.00 | 437.00 | 305.00 |
| Cash from Investing Activity | -380.00 | -195.00 | -449.00 | -88.00 | -70.00 | -110.00 | -41.00 | -103.00 | 36.00 | -90.00 | -53.00 |
| Cash from Financing Activity | -137.00 | -146.00 | -133.00 | -139.00 | -771.00 | -604.00 | -495.00 | 713.00 | 64.00 | -368.00 | -239.00 |
| Net Cash Flow | 103.00 | 6.00 | -227.00 | 223.00 | 73.00 | -56.00 | 90.00 | -11.00 | -3.00 | -22.00 | 13.00 |
| Free Cash Flow | 534.00 | 318.00 | 223.00 | 378.00 | 871.00 | 638.00 | 597.00 | -677.00 | -138.00 | 389.00 | 255.00 |
| CFO/OP % | 455.00 | 114.00 | 137.00 | 126.00 | 383.00 | 221.00 | 327.00 | -143.00 | -17.00 | 198.00 | 137.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 93.00 | 97.00 | 92.00 | 83.00 | 86.00 | 120.00 | 150.00 | 144.00 | 136.00 | 115.00 | 112.00 |
| Inventory Days | 64.00 | 79.00 | 85.00 | 106.00 | 111.00 | 120.00 | 77.00 | 64.00 | 68.00 | 76.00 | 60.00 |
| Days Payable | 237.00 | 212.00 | 206.00 | 195.00 | 137.00 | 117.00 | 100.00 | 85.00 | 100.00 | 84.00 | 66.00 |
| Cash Conversion Cycle | -79.00 | -35.00 | -30.00 | -6.00 | 60.00 | 124.00 | 127.00 | 123.00 | 104.00 | 107.00 | 106.00 |
| Working Capital Days | -20.00 | 35.00 | 12.00 | 39.00 | 24.00 | 29.00 | 17.00 | 9.00 | 16.00 | -4.00 | 2.00 |
| ROCE % | 3.00 | 12.00 | 13.00 | 18.00 | 12.00 | 12.00 | 7.00 | 17.00 | 19.00 | 15.00 | — |
Corporate Actions
26 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 17 Jul 2026 | 17 Jul 2026 | — | 3.00 | |
| Dividend | 18 Jul 2025 | 18 Jul 2025 | — | 3.00 | |
| Dividend | 19 Jul 2024 | — | — | 3.00 | |
| Other | 14 Sep 2023 | 14 Sep 2023 | — | — | Spin Off |
| Other | 14 Sep 2023 | 14 Sep 2023 | — | — | Demerger |
| Dividend | 28 Jul 2023 | — | — | 4.00 | |
| Dividend | 28 Jul 2022 | — | — | 3.00 | |
| Rights | 05 Feb 2020 | 06 Feb 2020 | 13:118 | — | |
| Other | 05 Feb 2020 | 06 Feb 2020 | — | — | Right Issue of Equity Shares |
| Dividend | 25 Jul 2019 | — | — | 3.50 | |
| Dividend | 02 Aug 2018 | — | — | 3.50 | |
| Dividend | 27 Jul 2017 | — | — | 2.80 | |
| Other | 28 Jul 2016 | — | — | — | Annual General Meeting |
| Dividend | 17 Mar 2016 | 18 Mar 2016 | — | 2.80 | |
| Dividend | 29 Jul 2015 | — | — | 1.50 | |
| Dividend | 23 Jul 2014 | — | — | 1.50 | |
| Dividend | 29 Jul 2013 | — | — | 2.00 | |
| Dividend | 18 Jul 2012 | — | — | 2.80 | |
| Dividend | 20 Jul 2011 | — | — | 2.80 | |
| Dividend | 19 Jul 2010 | — | — | 2.40 | |
| Split | 28 Jan 2010 | 29 Jan 2010 | 10:2 | — | |
| Dividend | 22 Jul 2009 | — | — | 10.00 | |
| Dividend | 15 Jul 2008 | — | — | 8.00 | NSE/BSE dividend mismatch: NSE=1.6; BSE=8.0 |
| Dividend | 15 Jul 2008 | — | — | 1.60 | NSE/BSE dividend mismatch: NSE=1.6; BSE=8.0 |
| Bonus | 28 Aug 2007 | 29 Aug 2007 | 1:1 | — | |
| Other | 12 Sep 2003 | 20 Sep 2003 | — | — | Right Issue of Equity Shares |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update23 Apr from crisil
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Rating update2 Jul 2025 from crisil
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Rating update26 Mar 2025 from crisil
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Rating update28 Jun 2024 from crisil
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Rating update19 Dec 2023 from crisil
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Rating update4 Jul 2023 from crisil
Conference Calls
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