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Bajaj Electricals Ltd

BAJAJELEC

Bajaj Electricals Ltd

BAJAJELEC
Consumer DiscretionaryHome Electronics & Appliances
SmallcapWith a market cap of ₹8,657 cr, stock is ranked 573
Low RiskStock is 1.84x as volatile as Nifty
750.650.40% (-3.05)
750.650.40% (-3.05)

Price Chart

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Consumer DiscretionaryHome Electronics & Appliances
SmallcapWith a market cap of ₹8,657 cr, stock is ranked 573
Low RiskStock is 1.84x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryHome Electronics & Appliances
SmallcapWith a market cap of ₹8,657 cr, stock is ranked 573
Low RiskStock is 1.84x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
80.406.010.40%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.086.630.74%

Forecast & Ratings

Detailed Forecast 
59%
Analysts have suggested that investors can buy this stock

from 17 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Bajaj Electricals Limited is engaged in engineering and projects; power distribution, illumination and consumer durables businesses. The Company's business segments consist of Lighting; Consumer Durables; Engineering & Projects, and Others.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -6.86%, vs industry avg of 11.46%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 13.18% to 5.19%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -3.47%, vs industry avg of 0.48%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue4,635.834,291.804,763.666,744.365,033.384,679.294,881.354,935.024,727.744,780.56
Raw Materialssubtract3,120.052,772.393,104.364,938.783,240.763,266.283,274.203,409.383,080.244,455.16
Power & Fuel Costsubtract15.7011.7410.6814.3413.8612.0217.4211.4714.34
Employee Costsubtract271.89314.39317.88360.56401.56394.51401.40343.71364.93
Selling & Administrative Expensessubtract458.93494.07497.48571.86492.26485.48520.82569.97516.78
Operating & Other expensessubtract459.47426.36575.97456.16633.34123.14362.25179.96410.09
Depreciation/Amortizationsubtract27.3829.8733.9443.9473.6775.1669.2373.78109.58126.48
Interest & Other Itemssubtract108.0880.4458.86117.60170.7876.4369.7443.6263.4870.98
Taxes & Other Itemssubtract66.5260.3880.8584.7316.4355.7237.7786.9537.2220.26
EPS9.248.747.1213.24-0.7514.809.9416.6710.709.35
DPS2.422.423.033.030.000.002.663.553.003.00
Payout ratio0.260.280.430.230.000.000.270.210.280.32

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2018

Annual Report Unavailable

Investor Presentation

Jun 6PDF
Feb 22PDF
Feb 8PDF
FY 2019

Annual Report Unavailable

FY 2023

Annual report

PDF

Investor Presentation

May 23PDF
Nov 8PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryHome Electronics & Appliances

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bajaj Electricals Ltd66.056.010.40%
Dixon Technologies (India) Ltd250.7053.250.03%
Voltas Ltd217.109.350.33%
Blue Star Ltd91.0714.460.38%

Price Comparison

Compare BAJAJELEC with any stock or ETF
Compare BAJAJELEC with any stock or ETF
BAJAJELEC
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding62.75%15.58%0.02%8.23%13.42%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep10.92%10.49%10.41%10.17%7.93%8.23%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Bajaj Electricals Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Small Cap Fund - Growth - Direct Plan

Growth
6.4208%1.66%-0.23%16/92 (-5)
Nippon India Small Cap Fund - Growth - Direct Plan

Growth
3.0806%0.44%-0.07%58/232 (-3)
HDFC ELSS Tax saver - Growth - Direct Plan

Growth
2.1164%1.09%0.29%25/55 (+6)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Bajaj Electricals Ltd

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 19, 2024

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Jul 19, 2024

Cash Dividend

Ex DateEx DateJul 28, 2023

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jul 28, 2023

Cash Dividend

Ex DateEx DateJul 28, 2022

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Jul 28, 2022

Cash Dividend

Ex DateEx DateJul 25, 2019

Final
Final | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Jul 25, 2019

Cash Dividend

Ex DateEx DateAug 2, 2018

Final
Final | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Aug 2, 2018

News & Opinions
Corporate
Bajaj Electrical allots 57,300 equity shares under ESOP

Bajaj Electrical has allotted 57,300 equity shares under ESOP. Post this allotment, the issued, subscribed and paid-up capital of the Company shall comprise of 11,53,34,628 equity shares of Rs.2 each fully paid-up amounting to Rs. 23,06,69,256/-. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Board of Bajaj Electricals approves VRS for workmen at Nashik unit

The Board of Bajaj Electricals at its meeting held on 07 November 2024 has approved a Voluntary Retirement Scheme (VRS) for permanent employees in the 'workmen' category at the Nashik Facility, aimed at enhancing operational performance, with an estimated total outflow capped at approximately Rs. 15.30 crore, excluding other dues. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
Bajaj Electricals consolidated net profit declines 52.71% in the September 2024 quarter

Net profit of Bajaj Electricals declined 52.71% to Rs 12.90 crore in the quarter ended September 2024 as against Rs 27.28 crore during the previous quarter ended September 2023. Sales rose 0.65% to Rs 1114.62 crore in the quarter ended September 2024 as against Rs 1107.40 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1114.621107.40 1 OPM %4.636.80 - PBDT49.5172.03 -31 PBT14.7245.15 -67 NP12.9027.28 -53 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Bajaj Electricals schedules board meeting

Bajaj Electricals will hold a meeting of the Board of Directors of the Company on 7 November 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bajaj Electricals allots 44,375 equity shares under ESOP

Bajaj Electricals has allotted 44,375 equity shares of Rs.2 each, fully paid-up, in favour of 14 Employees who had been granted stock options under the Company's 'Employee Stock Option Plan- 2015. Post this allotment, the issued, subscribed and paid-up capital of the Company shall comprise of 11,52,77,328 equity shares of Rs.2 each fully paid-up amounting to Rs. 23,05,54,656/-. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Bajaj Electricals consolidated net profit declines 24.29% in the June 2024 quarter

Net profit of Bajaj Electricals declined 24.29% to Rs 28.11 crore in the quarter ended June 2024 as against Rs 37.13 crore during the previous quarter ended June 2023. Sales rose 4.00% to Rs 1152.25 crore in the quarter ended June 2024 as against Rs 1107.98 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1152.251107.98 4 OPM %6.546.10 - PBDT70.2575.99 -8 PBT38.2953.02 -28 NP28.1137.13 -24 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Bajaj Electricals grants 1.47 lakh stock options under PSOP

The Board of Directors of Bajaj Electricals at its meeting held today, i.e., on 06 August 2024, has approved the grant of 1,47,947 Stock Options under the PSOP Plan 2023 to the eligible employees of the Company, under the PSOP Plan 2023. Powered by Capital Market - Live

3 months agoCapital Market - Live

Golden Crossovers: Bajaj Electricals among 5 stocks signaling further bullishness

3 months agoEconomic Times
Corporate
Bajaj Electricals to discuss results

Bajaj Electricals will hold a meeting of the Board of Directors of the Company on 6 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Stock that will see action today: 18 July 2024

4 months agoThe Hindu Businessline