ALFA Finder| Revenue growth | Lighting grew 28% YoY; Consumer Products faced significant seasonal headwinds. |
|---|---|
| Margins | Lighting at record 8.5% EBIT; Consumer margins hit by deleverage. |
| Demand visibility | Mixed visibility due to unseasonal rains and geopolitical uncertainties. |
| Management confidence | Balanced, acknowledging segment misses while highlighting structural changes. |
Growth
Lighting Solutions revenue grew 28% YoY with 8.5% EBIT margins; Consumer Products struggled with seasonal headwinds and supply disruptions.
Outlook
Targeting 6-9% industry-average margins and reduced capex over the next 24 months, focusing on BLDC fan recovery.
Risks
Conflict-driven inflation, cooling product demand volatility, and market share losses in the BLDC fan segment pose immediate threats.
Earnings Call filed with NSE, NSE: BAJAJELEC. Summary written with AI assistance from the document.
Bajaj Electricals Ltd: key numbers
- Share price
- ₹286.80
- Market cap
- ₹3,310 Cr
- Revenue (annual)
- ₹4,462 Cr
- Net profit (annual)
- ₹-90.86 Cr
- P/E (TTM)
- -121.9×Sector 44.3×
- Promoter holding
- 62.68%-0.01% QoQ
- FII holding
- 5.36%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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