Want to see IN:BAJAJELEC full AI Analyst Report?
Top Page
Bajaj Electricals Limited
(BAJAJELEC)
Select Model
Select Model
Rating:53Neutral
Price Target:
₹360.00
▼(-23.68% Downside)
Action:Reiterated
Date:08/19/26
The score is held back primarily by the FY2026 earnings reset (net loss, margin compression, and negative ROE). Support comes from conservative leverage and strong FY2026 cash flow, while technicals are mildly positive but tempered by weakness versus the 200-day trend. Valuation is a negative factor due to the loss-making P/E and limited dividend support.
Positive Factors
Conservative Leverage
Low leverage reduces financial strain and preserves borrowing capacity. The improvement from elevated FY2023 leverage strengthens resilience and gives Bajaj Electricals flexibility to fund operations or recover from earnings volatility.
Negative Factors
Revenue Contraction
A revenue decline signals weaker demand, execution, or project timing and limits operating leverage. If contraction persists, it can pressure distribution scale, reduce fixed-cost absorption, and make a durable recovery in profitability more difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Leverage
Low leverage reduces financial strain and preserves borrowing capacity. The improvement from elevated FY2023 leverage strengthens resilience and gives Bajaj Electricals flexibility to fund operations or recover from earnings volatility.
Read all positive factors
Bajaj Electricals Limited (BAJAJELEC) vs. iShares MSCI India ETF (INDA)
Market Cap
₹38.67B
Dividend Yield0.89%
Average Volume (3M)44.26K
Price to Earnings (P/E)―
Beta (1Y)1.30
Revenue Growth-5.30%
EPS Growth-140.84%
CountryIN
Employees1,500
SectorGeneral
Sector StrengthN/A
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)-7.88
Shares Outstanding115,392,770
10 Day Avg. Volume11,119
30 Day Avg. Volume44,261
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)2.44
Price to Sales (P/S)0.87
P/FCF Ratio6.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)11.12
Revenue Forecast (FY)₹48.40B
Bajaj Electricals Limited Business Overview & Revenue Model
Company Description
Bajaj Electricals Ltd. engages in the manufacture and sale of electrical, and industrial products. It operates through the Consumer Products and Lighting Solutions segments. The Consumer Products segment includes Appliances, Fans and Morphy Richar...
How the Company Makes Money
Bajaj Electricals primarily makes money through two broad revenue streams: (1) Consumer Products and (2) EPC/Projects. (1) Consumer Products revenue is generated by manufacturing and/or sourcing and selling consumer electrical goods—such as lighti...
Bajaj Electricals Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
66
Positive
Cash Flow
78
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 44.62B | 48.28B | 46.22B | 48.68B | 48.13B |
| Gross Profit | 8.32B | 14.94B | 13.27B | 14.44B | 8.52B |
| EBITDA | 1.09B | 3.62B | 3.44B | 4.17B | 3.05B |
| Net Income | -908.60M | 1.33B | 1.31B | 2.16B | 1.29B |
Balance Sheet | |||||
| Total Assets | 42.60B | 42.19B | 38.33B | 46.77B | 39.92B |
| Cash, Cash Equivalents and Short-Term Investments | 5.20B | 5.08B | 3.04B | 4.09B | 1.42B |
| Total Debt | 1.59B | 2.43B | 2.15B | 12.88B | 907.88M |
| Total Liabilities | 26.66B | 24.94B | 23.92B | 27.70B | 22.86B |
| Stockholders Equity | 15.94B | 17.25B | 14.41B | 19.07B | 17.32B |
Cash Flow | |||||
| Free Cash Flow | 5.80B | 3.42B | 2.23B | 3.65B | 8.38B |
| Operating Cash Flow | 6.12B | 3.47B | 3.54B | 4.50B | 9.14B |
| Investing Cash Flow | -4.10B | -1.95B | -2.10B | -880.30M | -705.23M |
| Financing Cash Flow | -995.00M | -1.46B | -1.33B | -1.39B | -7.71B |
Bajaj Electricals Limited Technical Analysis
Negative
471.70
Price Trends
339.30
Negative
342.70
Negative
377.32
Negative
Market Momentum
-2.10
Positive
46.56
Neutral
69.54
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BAJAJELEC, the sentiment is Negative. The current price of 471.7 is above the 20-day moving average (MA) of 339.79, above the 50-day MA of 339.30, and above the 200-day MA of 377.32, indicating a bearish trend. The MACD of -2.10 indicates Positive momentum. The RSI at 46.56 is Neutral, neither overbought nor oversold. The STOCH value of 69.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BAJAJELEC.
Bajaj Electricals Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹52.65B | 32.84 | ― | ― | 13.66% | 49.21% | |
69 Neutral | ₹37.06B | 33.64 | ― | 0.86% | 12.84% | 27.11% | |
67 Neutral | ₹10.50B | 21.79 | ― | 0.44% | 11.43% | 31.94% | |
57 Neutral | ₹96.74B | 38.54 | ― | 0.66% | 6.03% | -30.48% | |
56 Neutral | ₹148.74B | -66.57 | ― | 1.30% | 7.87% | -142.53% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | ₹38.67B | -88.94 | ― | 0.89% | -5.30% | -140.84% |
* General Sector Average
IN:BAJAJELEC
Bajaj Electricals Limited
335.15
-248.15
-42.54%
IN:BUTTERFLY
Butterfly Gandhimathi Appliances Limited
587.30
-110.80
-15.87%
IN:CROMPTON
Crompton Greaves Consumer Electricals Ltd.
231.00
-77.14
-25.03%
IN:IFBIND
IFB Industries Ltd
1,299.45
-250.70
-16.17%
IN:ORIENTELEC
Orient Electric Ltd.
173.70
-26.46
-13.22%
IN:WHIRLPOOL
Whirlpool Of India Limited
762.50
-570.71
-42.81%
Bajaj Electricals Limited Corporate Events
Bajaj Electricals Publishes Voting Results of 87th AGM Held via Video Conferencing
Aug 6, 2026
Bajaj Electricals Limited has reported that its 87th Annual General Meeting was held on August 6, 2026 via video conferencing and other audio-visual means, with e-voting facilities provided to shareholders as of the July 30, 2026 record date. The ...
Bajaj Electricals Schedules Q1 FY27 Earnings Call for August 6
Jul 27, 2026
Bajaj Electricals Limited has announced that it will hold an earnings conference call to discuss its unaudited financial results for the first quarter of fiscal year 2026-27, ended June 30, 2026. The call, organised by ICICI Securities, is schedul...
Bajaj Electricals Sets August 6 Virtual AGM, Confirms Dividend and Disclosure Details
Jul 11, 2026
Bajaj Electricals Limited has announced that its 87th Annual General Meeting will be held on August 6, 2026, via video conferencing and other audio-visual means, with details on voting procedures provided to shareholders. The company has also disp...
Bajaj Electricals Faces Adverse GST Appellate Order; Impact Seen as Limited
Jun 1, 2026
Bajaj Electricals has disclosed that it received an adverse appellate order from the Joint Commissioner of Commercial Taxes (Appeals) in Bengaluru, which dismissed the company’s appeal against a previous GST assessment for FY 2020-21 related...
Bajaj Electricals Allots 2,056 ESOP Shares, Slightly Expands Equity Base
May 21, 2026
Bajaj Electricals’ Stakeholders’ Relationship Committee has approved the allotment of 2,056 fully paid equity shares of Rs.2 each to four employees under its Performance Stock Option Plan 2023, including shares allotted to the legal he...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.