ALFA Finder| Revenue growth | 2.3% YoY |
|---|---|
| Margins | EBIT margin up to 6.6% from 2.5% YoY |
| Order book | Steady order book in Professional Lighting |
| Demand visibility | Strong growth in Consumer Lighting and Appliances segment |
| Management confidence | Strong due to operating leverage and gross margin improvements |
Growth
PAT surged 5216% YoY to INR 48 Cr. Gross margins improved 130 bps to 32.3%.
Outlook
Focus on high-growth appliances, premium BLDC fans, and architectural lighting projects like Bateshwar Mahadev Temple.
Risks
Muted Professional lighting performance and Summer product sales; General Trade channel declined 2% YoY.
Last quarter's promises, checked
Delivered
- Guided negative working capital → Delivered negative working capital (= BEAT)
- Guided focus on Lighting margins → Delivered EBIT margin 6.6% vs 2.5% YoY (= BEAT)
- Guided foray into Wires/BLDC → Delivered 7 BLDC SKUs and expanded portfolio (= BEAT)
Partly delivered
- Guided Consumer Products bounce back → Delivered 1.7% segment growth (= PARTIAL)
Missed
- Guided growth ahead of market (mid-single digit) → Delivered 2.3% revenue growth (= MISS)
Investor Presentation filed with BSE, 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.
More from Bajaj Electricals Ltd
All →Bajaj Electricals Annual General Meeting
Bajaj Electricals' postal ballot passed three resolutions, including an ESOP pool increase and remuneration revisions for two directors. All resolutions cleared the required majority.
Bajaj Electricals Legal & Regulatory
Bajaj Electricals received a Rs. 112.32 crore income tax demand for AY 2019-20. The company is evaluating legal remedies, with no operational impact.
- Value
- ₹112.3 Cr
Bajaj Electricals Legal & Regulatory
Bajaj Electricals received two adverse GST appellate orders upholding a total demand of Rs. 9.36 Crore for FY 2018-19. The Company is evaluating further legal remedies including a tribunal appeal.
- Value
- ₹9.36 Cr
Bajaj Electricals Capital Structure Change
HDFC Mutual Fund schemes cut their Bajaj Electricals stake by 2.01% to 7.25% as of October 26, 2026. They sold 23,25,060 shares in the open market.
Bajaj Electricals Earnings Call Transcript: Key Takeaways
Management is navigating a leadership transition while struggling with sluggish revenue growth of 1.5%. Profit before tax doubled to ₹35 Cr due to cost efficiencies despite high brand investment.
Bajaj Electricals Management Change
Bajaj Electricals' executive director Shekhar Bajaj resigned, effective 31-Dec-2026. Sanjay Sachdeva was re-appointed as Executive Director (CEO-MD) for five months from 01-Apr-2027.