As of 6 Nov 2026, Bajaj Electricals is loss-making on a trailing 12-month basis, with a net loss of ₹27 Cr, so it has no P/E ratio. The share price is ₹275.95, 48% below its 52-week high. Sales fell 3.0% a year over 3 years. Debt is 0.98× equity, and its dividend yield is 1.1%. It is a small-cap company with a market cap of ₹3,185 Cr, ranked 17th of 54 Furnishings, Fixtures & Appliances companies by market cap; the shares fell 46% over the past year.
- ₹272.00
- ₹278.30
- ₹269.00
- ₹273.85
- 1.8 L
Health check
- ReturnsBehind
−45.8% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −3.0% a year over 3 years.
- ProfitabilityNegative
ROCE -1.9% vs peer median 9.0%.
- Balance sheetStretched
Debt 0.98× equity, operating profit doesn’t cover interest, Piotroski 4 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹3,185 Cr
- Small cap
- P/E
- n/a
- Industry 30.6
- Price to book
- 1.92
- Peers 4.21
- Dividend yield
- 1.09%
- ROE
- −1.6%
- Peers 5.8%
- ROCE
- −1.9%
- Peers 9.0%
- Debt to equity
- 0.98
- Debt ₹1,621 Cr
- EPS (TTM)
- −₹3.02
- Face value ₹2
- OPM (TTM)
- 4.5%
- Net margin −0.6%
- Sales growth
- +1.5%
- Latest quarter vs a year ago
- Profit growth
- +164.7%
- Latest quarter vs a year ago
- Price to sales
- 0.70
- EV/EBITDA 25.8
Strengths and risks
Strengths
- Quarterly profit up 164.7% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −1.6%.
- 48% below its 52-week high.
- Interest coverage of only 2.0×.
About Bajaj Electricals
Bajaj Electricals Limited provides consumer products and lighting solutions in India. It offers ceiling, table, pedestal, wall, personal, tower, lifestyle, and domestic exhaust fans; ceiling lights, smart products, inverter lights, lamps, battens, decorative lights, accessories, outdoor lights, and portable lights; and indoor and outdoor lighting products. The company also provides water heaters/geysers, such as storage, instant, gas water heaters, as…
- Headquarters
- Mumbai
- Employees
- 1,500
- Sector
- Consumer Cyclical
- ISIN
- INE193E01025
- Website
- bajajelectricals.com
Price range
- Avg volume (3M)
- 4.5 L
- 1-year return
- minus 45.8%
- From 52-week high
- minus 47.9%
Analyst consensus
Peers · Furnishings, Fixtures & Appliances
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VOLTASVoltas | 1,099.00 | minus 1.47% | 36,364 | 77.8 | 5.39 | 9.3% | 5.8% | 4.9% | 14.5% | 40.7% | 0.36% | minus 17.9% |
| AMBERAmber Enterprises India | 6,403.00 | minus 2.76% | 22,582 | 236.1 | 5.15 | 7.2% | 5.3% | 7.2% | 20.7% | 4.2% | 0.00% | minus 15.5% |
| CROMPTONCrompton Greaves Consumer Electricals | 215.66 | plus 4.42% | 13,887 | – | 4.59 | −1.5% | −4.4% | 10.3% | 5.6% | – | 1.39% | minus 27.1% |
| WHIRLPOOLWhirlpool of India | 826.70 | plus 0.44% | 10,493 | 41.8 | 2.52 | 9.0% | 7.2% | 6.2% | 6.4% | 10.3% | 0.60% | minus 40.1% |
| TTKPRESTIGTTK Prestige | 608.75 | plus 10.47% | 8,338 | 43.1 | 4.21 | 10.8% | 8.3% | 8.8% | 2.3% | −14.2% | 1.23% | minus 17.6% |
| CELLOCello World | 363.75 | minus 2.27% | 8,204 | 26.4 | 2.91 | 16.1% | 13.0% | 19.9% | 9.2% | 7.6% | 0.41% | minus 41.6% |
| EUREKAFORBEureka Forbes | 366.20 | plus 4.27% | 7,092 | 37.1 | 1.54 | 4.0% | 3.6% | 11.5% | 9.0% | 83.1% | 0.00% | minus 35.1% |
| BAJAJELECBajaj Electricals | 275.95 | plus 0.77% | 3,185 | – | 1.92 | −1.9% | −1.6% | 4.5% | −3.0% | – | 1.09% | minus 45.8% |
| Median of 7 peers | – | 0.44% | 10,493 | 42.5 | 4.21 | 9.0% | 5.8% | 8.8% | 9.0% | 8.9% | 0.41% | −27.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|
| 1,059 | – | 1,048 | 1,238 | 1,088 | 1,120 | |
| 1,026 | – | 1,035 | 1,195 | 1,010 | 1,054 | |
| 33.3 | 65 | 12.9 | 43.2 | 77.1 | 66.9 | |
| 3.1% | – | 1.2% | 3.5% | 7.1% | 6.0% | |
| – | −49.5 | 9.7 | −20.2 | 26.1 | 14.1 | |
| 17.6 | – | 12.8 | 13.2 | 15.7 | 15.4 | |
| 37.2 | – | 35 | 32.6 | 30.5 | 30.4 | |
| – | – | −28.9 | −29.1 | 8.8 | – | |
| – | 15.5 | −54.1 | −51.9 | 65.7 | 35.3 | |
| – | – | 36.9% | −30.0% | 26.3% | 26.0% | |
| 0.9 | – | −34.1 | −67.5 | 48.4 | 26.1 | |
| 0.08 | – | -2.95 | -5.85 | 4.18 | 2.25 |
Profit & loss
- Sales CAGR 3Y
- −3.0%
- ROE
- −1.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4,868 | 4,622 | 4,816 | 4,448 | |
| – | minus 5.0% | +4.2% | minus 7.6% | |
| 4,480 | 4,352 | 4,496 | 4,342 | |
| 388 | 270 | 320 | 107 | |
| 8.0% | 5.8% | 6.6% | 2.4% | |
| 28.7 | 72.4 | 40.1 | 65 | |
| 42.8 | 59.7 | 65.3 | 54.2 | |
| 73.8 | 110 | 144 | 142 | |
| 2 | −0.1 | 19 | −65 | |
| 302 | 173 | 170 | −89 | |
| 28.8% | 21.5% | 21.4% | −2.1% | |
| 216 | 131 | 133 | −90.9 | |
| – | minus 39.4% | +1.8% | minus 168.1% | |
| 18.77 | 11.37 | 11.56 | -7.88 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 23 | 23 | 23.1 | 23.1 | |
| 1,884 | 1,418 | 1,702 | 1,571 | |
| 101 | 215 | 243 | 159 | |
| 2,985 | 2,177 | 2,251 | 2,507 | |
| 4,993 | 3,833 | 4,219 | 4,260 | |
| 491 | 655 | 611 | 433 | |
| 60 | 80.5 | 15.7 | 2 | |
| 6.9 | 16.8 | 27.1 | 28.6 | |
| 409 | 304 | 508 | 633 | |
| 4,026 | 2,777 | 3,058 | 3,163 | |
| 4,993 | 3,833 | 4,219 | 4,260 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 449 | 354 | 347 | 619 | |
| −88 | −210 | −195 | −380 | |
| −139 | −133 | −146 | −137 | |
| 223 | 10.9 | 5.8 | 103 | |
| −81.2 | −131 | −53.9 | −86.8 | |
| 368 | 223 | 293 | 532 | |
| −34.5 | −46 | −34.6 | −34.6 |
Shareholding pattern
- Promoters62.68%
- Public37.32%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 62.68% | 37.32% | minus 0.01 | |
| 30 Jun 2026 | 62.69% | 37.31% | 0.00 | |
| 31 Mar 2026 | 62.69% | 37.31% | 0.00 | |
| 31 Dec 2025 | 62.69% | 37.31% | minus 0.01 | |
| 30 Sep 2025 | 62.70% | 37.30% | – |
Major shareholders
Filings & events
News
No recent news coverage found.