Bajaj Electricals Ltd.

BSE: BAJAJELEC500031ISIN INE193E01025

Consumer Discretionary
Household Appliances
BSE 1000

Share price

₹271.40+3.05 (+1.14%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹529.90
52W low: ₹263.15
Off 52W high: -48.78%
1M return: -9.31%
3M return: -22.30%
6M return: -35.12%
1Y return: -46.28%
20D avg volume: 64,765
50 DMA: ₹310.57
200 DMA: ₹348.71

Key ratios Consolidated

Market cap: ₹3,133 Cr
Current price: ₹271.40
52W high / low: ₹529.90 / ₹263.15
Face value: ₹2.00
P/E: -115.38
P/B: 1.89
EPS (TTM): ₹-2.35
Book value / share: ₹143.56
ROE: —
ROCE: -1.80%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-222.31 Cr
Interest cover: -0.58
Dividend yield: 1.11%
Dividend / share (TTM): ₹3.00
Payout: —
Cash conversion cycle: 98.8 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,123	1,089	1,240	1,051	1,107	1,065	1,265	1,290	1,118	1,155	1,188	1,228
	13.32	25.62	9.43	14.59	7.82	30.34	16.18	12.79	15.19	10.62	22.46	42.73
	1,137	1,115	1,249	1,066	1,115	1,095	1,282	1,303	1,134	1,166	1,211	1,271
	1,101	1,058	1,245	1,086	1,095	1,086	1,232	1,257	1,119	1,127	1,186	1,220
	162.56	151.28	112.20	135.00	122.38	123.34	137.11	139.86	138.44	133.11	118.33	124.13
	666.98	657.81	702.37	552.44	563.09	552.38	707.59	722.88	725.90	561.44	661.72	687.04
	85.71	97.13	94.40	91.10	106.59	99.01	94.96	99.48	92.34	93.21	82.84	95.82
	15.37	15.73	13.15	12.78	12.69	17.58	18.07	18.71	17.29	15.78	17.56	20.35
	30.37	30.54	32.59	35.00	36.76	37.17	41.24	36.08	34.79	31.96	30.19	29.54
	218.67	194.22	253.54	227.04	188.48	207.96	216.04	214.80	196.06	190.45	204.53	203.74
	35.25	56.89	3.64	-20.28	20.27	8.93	49.88	45.42	14.72	38.29	24.45	50.48
	0.00	8.78	-55.58	-28.89	0.00	-6.68	21.37	0.00	0.00	0.00	0.00	0.00
	35.25	65.67	-51.94	-49.17	20.27	2.25	71.25	45.42	14.72	38.29	24.45	50.48
	9.15	17.29	15.59	19.96	5.64	0.61	12.20	12.06	1.82	10.18	4.86	13.12
	26.10	48.38	-67.53	-34.10	9.86	0.91	59.05	33.36	12.90	28.11	29.31	37.36
	2.26	4.19	-5.85	-2.95	0.85	0.08	5.12	2.89	1.12	2.44	2.55	3.25
Key metrics
	80.99	111.94	-6.20	-1.39	69.72	57.00	130.56	100.21	66.80	86.03	72.20	100.37
	7.20%	10.30%	-0.50%	-0.10%	6.30%	5.40%	10.30%	7.80%	6.00%	7.40%	6.10%	8.20%
	2.30%	4.40%	-5.40%	-3.20%	0.90%	0.10%	4.70%	2.60%	1.20%	2.40%	2.50%	3.00%
	2.70%	—	-2.10%	—	1.70%	—	4.50%	—	—	—	—	—
	1.50%	2.30%	-2.10%	-18.50%	-1.00%	-7.80%	6.50%	5.00%	—	—	—	—
	164.70%	5,216.50%	-214.40%	-202.20%	-23.60%	-96.80%	101.50%	-10.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,503	4,462	4,828	4,641	5,429	4,813
	62.96	62.18	54.78	86.47	75.84	68.34
	4,566	4,524	4,883	4,728	5,505	4,881
	4,491	4,522	4,735	4,555	5,202	4,702
	561.04	492.92	548.52	513.49	571.14	598.15
	2,580	2,370	2,718	2,567	3,187	2,676
	368.34	391.10	379.99	364.93	426.29	401.40
	57.03	56.20	69.85	63.48	48.39	69.74
	128.50	141.52	144.07	109.58	81.73	69.23
	893.47	887.41	845.79	729.60	879.21	736.20
	75.50	2.17	148.31	173.10	303.42	179.52
	-75.69	-91.15	21.37	0.00	0.00	-13.23
	-0.19	-88.98	169.68	173.10	303.42	166.29
	61.99	1.88	36.26	37.22	87.23	41.88
	-27.15	-90.86	133.42	131.08	216.19	124.41
	-2.35	-7.88	11.57	11.81	18.80	10.85
Key metrics
	185.34	108.74	383.60	346.16	433.54	305.26
	4.12%	2.40%	7.90%	7.50%	8.00%	6.30%
	-0.60%	-2.00%	2.80%	2.80%	4.00%	2.60%
	—	-1.80%	12.10%	—	—	—
	-4.73%	-7.60%	4.00%	-14.50%	12.80%	—
	-126.31%	-168.10%	1.80%	-39.40%	73.80%	—
	—	587.21	299.57	—	—	—
	—	-6.82	2.60	—	—	—
	—	0.00	0.00	—	—	—
	—	-222.31	-119.79	—	—	—
	—	98.8	117.4	—	—	—
Balance sheet
	—	4,260	4,219	—	—	—
	—	2,712	2,889	—	—	—
	—	222.31	119.79	—	—	—
	—	1,141	1,286	—	—	—
	—	533.52	717.36	—	—	—
	—	380.35	368.94	—	—	—
	—	273.70	594.93	—	—	—
	—	467.47	449.57	—	—	—
	—	2,450	2,247	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	1,594	1,725	—	—	—
Cash flow
	—	619.27	346.80	—	—	—
	—	-379.78	-194.96	—	—	—
	—	-136.97	-146.07	—	—	—
	—	32.06	47.23	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,123	1,089	1,240	1,051	1,107	1,065	1,265	1,290	1,118	1,155	1,188	1,229
	13.32	25.62	9.43	14.59	7.82	30.34	16.18	12.79	15.19	10.62	22.46	45.30
	1,137	1,115	1,249	1,066	1,115	1,095	1,282	1,303	1,134	1,166	1,211	1,274
	1,102	1,059	1,242	1,086	1,095	1,086	1,232	1,257	1,119	1,127	1,186	1,223
	162.56	151.28	112.20	135.00	122.38	123.34	137.11	139.86	138.44	133.11	118.33	110.75
	666.98	657.81	702.37	552.44	563.09	552.38	707.59	722.88	725.90	561.44	661.72	706.09
	85.71	97.13	94.40	91.10	106.59	99.01	94.96	99.48	92.34	93.21	82.84	93.86
	15.37	15.73	13.15	12.78	12.69	17.58	18.07	18.71	17.29	15.78	17.56	20.35
	30.37	30.54	32.59	35.00	36.76	37.17	41.24	36.08	34.79	31.96	30.19	28.92
	219.47	194.65	250.33	227.04	188.48	207.96	216.04	214.80	196.06	190.45	204.53	202.78
	34.45	56.46	6.85	-20.28	20.27	8.93	49.88	45.42	14.72	38.29	24.45	51.03
	0.00	8.78	-55.58	-28.89	0.00	-6.68	21.37	—	—	—	—	—
	34.45	65.24	-48.73	-49.17	20.27	2.25	71.25	45.42	14.72	38.29	24.45	51.03
	9.15	17.29	15.59	-19.96	5.64	0.61	12.20	12.06	1.82	10.18	4.86	13.11
	25.30	47.95	-64.32	-29.21	14.63	1.64	59.05	33.36	12.90	28.11	29.31	37.92
	2.19	4.16	-5.57	-2.53	1.27	0.14	5.12	2.89	1.12	2.44	2.55	3.30
Key metrics
	80.19	111.51	-2.99	-1.39	69.72	57.00	130.56	100.21	66.80	86.03	72.20	100.30
	7.10%	10.20%	-0.20%	-0.10%	6.30%	5.40%	10.30%	7.80%	6.00%	7.40%	6.10%	8.20%
	2.30%	4.40%	-5.20%	-2.80%	1.30%	0.20%	4.70%	2.60%	1.20%	2.40%	2.50%	3.10%
	2.90%	—	-2.10%	—	1.90%	—	4.90%	—	—	—	—	—
	1.50%	2.30%	-2.10%	-18.50%	-1.00%	-7.80%	6.50%	5.00%	—	—	—	—
	72.90%	2,823.80%	-208.90%	-187.60%	13.40%	-94.20%	101.50%	-12.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,503	4,462	4,828	4,641	5,417	4,770
	62.96	62.18	54.78	86.47	83.32	101.25
	4,566	4,524	4,883	4,728	5,501	4,872
	4,489	4,509	4,735	4,555	5,183	4,653
	561.04	492.92	548.52	513.49	516.78	393.20
	2,580	2,370	2,718	2,567	3,243	2,898
	368.34	391.10	379.99	364.93	419.09	384.35
	57.03	56.20	69.85	63.48	47.70	52.92
	128.50	141.52	144.07	109.58	75.42	56.75
	891.49	873.81	845.79	729.60	872.46	712.17
	77.48	15.77	148.31	173.10	317.72	218.71
	-75.69	-91.15	21.37	—	—	-13.23
	1.79	-75.38	169.68	173.10	317.72	205.48
	22.07	1.88	36.26	37.22	87.22	51.98
	-20.28	-77.26	133.42	131.79	230.50	153.50
	-1.75	-6.70	11.57	11.81	20.05	13.38
Key metrics
	187.32	122.34	383.60	346.16	440.84	315.15
	4.16%	2.70%	7.90%	7.50%	8.10%	6.60%
	-0.45%	-1.70%	2.80%	2.80%	4.30%	3.20%
	—	-1.10%	13.30%	—	—	—
	-4.73%	-7.60%	4.00%	-14.30%	13.60%	—
	-118.66%	-157.90%	1.20%	-42.80%	50.20%	—
	—	587.21	299.57	—	—	—
	—	-8.02	2.60	—	—	—
	—	0.00	0.00	—	—	—
	—	-222.31	-119.79	—	—	—
	—	98.8	117.4	—	—	—
Balance sheet
	—	4,125	4,053	—	—	—
	—	2,712	2,889	—	—	—
	—	222.31	119.79	—	—	—
	—	1,141	1,286	—	—	—
	—	533.52	717.36	—	—	—
	—	380.35	368.94	—	—	—
	—	273.70	594.93	—	—	—
	—	467.47	449.57	—	—	—
	—	2,450	2,247	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	1,459	1,559	—	—	—
Cash flow
	—	619.27	346.80	—	—	—
	—	-379.78	-194.96	—	—	—
	—	-136.97	-146.07	—	—	—
	—	32.06	47.23	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -6.26%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -4.73%
Profit YoY (TTM): -118.66%

Consolidated

Sales CAGR 3Y: -6.33%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -4.73%
Profit YoY (TTM): -126.31%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 62.67%

Quarter	September 2026	June 2026
Promoter %	62.67%	62.68%

Holder	Type	Holding	Previous	Change
Bajaj Holdings And Investment Limited	Promoter Group	16.58%	16.58%	0.00%
Jamnalal Sons Private Limited	Promoter Group	14.67%	14.67%	0.00%
Hdfc Small Cap Fund	Public	7.64%	8.08%	-0.44%
Kiran Bajaj	Promoter Group	4.89%	4.89%	0.00%
Icici Prudential Multicap Fund	Public	4.24%	4.97%	-0.73%
Government Pension Fund Global	Public	3.07%	3.07%	0.00%
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	Public	2.68%	2.68%	0.00%
Geetika Bajaj	Promoter Group	1.87%	1.87%	0.00%
Geetika Shekhar Bajaj Trust (Shekhar Bajaj as a Trustee)	Promoter Group	1.65%	1.65%	0.00%
Vanraj Bajaj	Promoter Group	1.60%	1.60%	0.00%
Shekhar Bajaj	Promoter	1.57%	1.57%	0.00%
Tata Flexi Cap Fund	Public	1.41%	1.00%	+0.41%
Pooja Bajaj	Promoter Group	1.34%	1.34%	0.00%
Shekhar Holdings Private Limited	Promoter Group	1.28%	1.28%	0.00%
Baroda Industries Private Limited	Promoter Group	1.22%	1.22%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
LG Electronics India Limited S	1,14,906	1,692.85	62.98	27.60%	—	—	+3.62%
Voltas Ltd.	35,190	1,063.50	79.59	11.10%	+3.80% TTM	-30.90% TTM	-21.79%
Blue Star Ltd	31,975	1,555.10	59.86	20.90%	+8.79% TTM	-2.18% TTM	-18.88%
Amber Enterprises India Limited	22,745	6,449.35	184.08	8.80%	+14.56% TTM	-56.24% TTM	-17.42%
Crompton Greaves Consumer Electricals Limited	13,113	203.65	-80.46	-0.90%	+12.09% TTM	-133.74% TTM	-28.13%
V-Guard Industries Ltd.	12,797	292.90	31.13	16.00%	+21.53% TTM	+41.52% TTM	-21.44%
Whirlpool of India Ltd	10,478	825.90	41.56	9.00%	+6.03% TTM	-30.67% TTM	-39.90%
TTK Prestige Ltd.	7,485	546.50	39.39	10.80%	+16.15% TTM	+104.71% TTM	-18.30%
Eureka Forbes Limited	6,791	350.80	35.36	4.00%	+12.65% TTM	+3.21% TTM	-35.12%
BOSCH HOME COMFORT INDIA LIMITED S	4,700	1,728.65	1,585.92	1.90%	+14.71% TTM	-89.40% TTM	-0.95%
IFB Industries Limited	4,454	1,099.20	30.09	17.20%	+14.29% TTM	+16.62% TTM	-40.21%
Orient Electric Limited S	4,029	188.85	32.28	18.10%	+16.93% TTM	+41.81% TTM	-11.79%
Symphony Limited	3,486	507.65	-26.02	-7.50%	+2.27% TTM	-203.08% TTM	-45.96%
Bajaj Electricals Ltd.	3,133	271.40	-115.38	-1.80%	-4.73% TTM	-126.31% TTM	-46.28%
STOVE KRAFT LIMITED S	2,738	827.15	48.54	12.60%	+21.32% TTM	+24.33% TTM	+16.96%
CARYSIL LIMITED	2,730	960.00	24.89	22.00%	+13.62% TTM	+34.30% TTM	-2.28%
EPACK Durable Limited	1,520	157.85	-142.87	6.40%	+23.65% TTM	-126.03% TTM	-52.61%
Butterfly Gandhimathi Appliances Limited S	1,037	580.10	20.23	16.60%	+11.34% TTM	+25.78% TTM	-22.64%
WONDER ELECTRICALS LIMITED S	985	73.51	81.68	16.20%	-10.30% TTM	-34.30% TTM	-51.35%
Singer India Limited S	555	89.16	30.64	9.70%	+43.45% TTM	+305.37% TTM	+21.77%
Forbes & Company Ltd	375	290.35	36.01	9.70%	-60.97% TTM	-91.58% TTM	-21.83%
Elin Electronics Limited	365	73.39	-44.41	6.60%	+14.63% TTM	-125.04% TTM	-65.04%
Jaipan Industries Ltd S	27	43.81	—	4.60%	—	—	+51.02%
Dolphin Kitchen Utencils and Appliances Limited	10	7.90	—	6.10%	—	—	-75.40%

Filings & corporate actions

Recent announcements

Please refer to the enclosed file.4 Nov 2026 · AGM/EGM / Postal Ballot
Please refer to the enclosed file.4 Nov 2026 · AGM/EGM / Postal Ballot
Submission of the Transcript of the ''''''''Q2FY27 Earnings Call'''''''' of the Company2 Nov 2026 · Company Update / Analyst / Investor Meet
Please refer to the enclosed file.31 Oct 2026 · Company Update / General
Please refer to the enclosed file.29 Oct 2026 · Company Update / General
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for HDFC Mutual Fund29 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please refer to the enclosed file.28 Oct 2026 · Company Update / General
Please refer to the enclosed file28 Oct 2026 · Company Update / Analyst / Investor Meet
Please refer to the enclosed file.28 Oct 2026 · Company Update / General
Please refer to the enclosed file.28 Oct 2026 · Result / Financial Results
Please refer to the enclosed file.28 Oct 2026 · Company Update / Change in Management
Please refer to the enclosed file28 Oct 2026 · Board Meeting / Outcome of Board Meeting
Please refer to the enclosed file.28 Oct 2026 · Company Update / General
Please refer to the enclosed file.27 Oct 2026 · Company Update / General
Please refer to the enclosed file.13 Oct 2026 · Company Update / General
Please refer to the enclosed file.13 Oct 2026 · Company Update / General
Please refer to the enclosed file.12 Oct 2026 · Company Update / Analyst / Investor Meet
Bajaj Electricals Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve unaudited standalone and ....7 Oct 2026 · Board Meeting / Board Meeting
Please refer to the enclosed file.6 Oct 2026 · Company Update / Newspaper Publication
Please refer to the enclosed file.5 Oct 2026 · AGM/EGM / Postal Ballot
Please refer to the enclosed file.3 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please refer to the enclosed file.2 Oct 2026 · Company Update / General
Please refer to the enclosed file.1 Oct 2026 · Company Update / General
Please refer to the enclosed file.26 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please refer to the enclosed file.4 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Submission of the Transcript of the ''''Q1FY27 Earnings Call'''' of the Company12 Aug 2026 · Company Update / Analyst / Investor Meet
Please refer to the enclosed file.11 Aug 2026 · Company Update / Press Release / Media Release
Please refer to the enclosed file.6 Aug 2026 · AGM/EGM / AGM
Please refer to the enclosed file.6 Aug 2026 · Company Update / Analyst / Investor Meet
Please refer to the enclosed file.6 Aug 2026 · AGM/EGM / AGM
Please refer to the enclosed file.6 Aug 2026 · Company Update / General
Please refer to the enclosed file.6 Aug 2026 · Company Update / Change in Management
Please refer to the enclosed file6 Aug 2026 · Result / Financial Results
Please refer to the enclosed file.6 Aug 2026 · Board Meeting / Outcome of Board Meeting
Please refer to the enclosed file.6 Aug 2026 · Company Update / General
Please refer to the enclosed file.27 Jul 2026 · Company Update / Analyst / Investor Meet
Bajaj Electricals Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2026 ,inter alia, to consider and approve unaudited standalone and ....27 Jul 2026 · Board Meeting / Board Meeting
Please refer to the enclosed file.14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please refer to the enclosed file.11 Jul 2026 · Company Update / Newspaper Publication
Please refer to the enclosed file.10 Jul 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 3.0000	17 Jul 2026	17 Jul 2026	—
Final Dividend - Rs. - 3.0000	18 Jul 2025	18 Jul 2025	—
Final Dividend - Rs. - 3.0000	19 Jul 2024	—	—

Board meetings

28 Oct 2026 Board Meeting - Financial Results
6 Aug 2026 Board Meeting - Financial Results