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Bajaj Electrical

  • Market Cap: Mid Cap
  • Industry: Consumer durables
  • ISIN: INE193E01025
  • NSEID: BAJAJELEC
  • BSEID: 500031
INR
510.60
-6.65 (-1.29%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 88.98 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

88.98 k (-20.97%) Volume

Shareholding (Dec 2024)

FII

7.82%

Held by 94 FIIs

DII

15.91%

Held by 19 DIIs

Promoter

62.72%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of -2.66% and Operating profit at -4.52% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

With ROCE of 6.7, it has a Expensive valuation with a 3.8 Enterprise value to Capital Employed

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Consumer durables

stock-summary
Market cap

INR 5,889 Cr (Mid Cap)

stock-summary
P/E

58.00

stock-summary
Industry P/E

57

stock-summary
Dividend Yield

0.58%

stock-summary
Debt Equity

0.11

stock-summary
Return on Equity

7.36%

stock-summary
Price to Book

4.08

Revenue and Profits (1 Year):
Net Sales:
1,290 Cr
(Quarterly Results - Dec 2024)
Net Profit:
33 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.58%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-43.55%
0%
-43.55%
1 Year
-48.83%
0.32%
-48.51%
2 Years
-51.09%
0.60%
-50.49%
3 Years
-55.23%
1.08%
-54.15%
4 Years
-51.97%
0.89%
-51.08%
5 Years
58.06%
2.78%
60.84%

Latest dividend: 3 per share ex-dividend date: Jul-19-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-2.66%
EBIT Growth (5y)
-4.52%
EBIT to Interest (avg)
3.21
Debt to EBITDA (avg)
1.54
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.62
Tax Ratio
15.63%
Dividend Payout Ratio
26.37%
Pledged Shares
2.55%
Institutional Holding
23.73%
ROCE (avg)
11.56%
ROE (avg)
9.09%
Valuation key factors
Factor
Value
P/E Ratio
58
Industry P/E
57
Price to Book Value
4.08
EV to EBIT
46.68
EV to EBITDA
23.18
EV to Capital Employed
3.78
EV to Sales
1.29
PEG Ratio
NA
Dividend Yield
0.58%
ROCE (Latest)
6.66%
ROE (Latest)
7.36%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

2.5484

Mutual Funds

Held by 10 Schemes (15.91%)

FIIs

Held by 94 FIIs (7.82%)

Promoter with highest holding

Jamnalal Sons Private Limited (19.55%)

Highest Public shareholder

Hdfc Small Cap Fund (9.46%)

Individual Investors Holdings

8.68%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 5.01% vs -6.20% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -10.71% vs -38.87% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,289.72",
          "val2": "1,228.24",
          "chgp": "5.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "87.42",
          "val2": "57.64",
          "chgp": "51.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "18.71",
          "val2": "20.35",
          "chgp": "-8.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "33.36",
          "val2": "37.36",
          "chgp": "-10.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.80%",
          "val2": "4.70%",
          "chgp": "2.10%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 2.17% vs -9.36% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -36.33% vs -37.58% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,273.24",
          "val2": "2,224.95",
          "chgp": "2.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "127.02",
          "val2": "124.24",
          "chgp": "2.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "33.07",
          "val2": "25.57",
          "chgp": "29.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-4.80",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "41.01",
          "val2": "64.41",
          "chgp": "-36.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.60%",
          "val2": "5.61%",
          "chgp": "-0.01%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 3.18% vs -8.26% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -26.92% vs -38.06% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,562.96",
          "val2": "3,453.19",
          "chgp": "3.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "214.44",
          "val2": "181.88",
          "chgp": "17.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "51.78",
          "val2": "45.92",
          "chgp": "12.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-4.80",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "74.37",
          "val2": "101.77",
          "chgp": "-26.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.02%",
          "val2": "5.27%",
          "chgp": "0.75%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -5.07% vs 1.58% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -39.41% vs 68.33% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,641.27",
          "val2": "4,889.24",
          "chgp": "-5.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "259.69",
          "val2": "374.75",
          "chgp": "-30.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "63.48",
          "val2": "43.62",
          "chgp": "45.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-4.80",
          "val2": "0.90",
          "chgp": "-633.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "131.08",
          "val2": "216.34",
          "chgp": "-39.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.62%",
          "val2": "7.70%",
          "chgp": "-2.08%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,289.72
1,228.24
5.01%
Operating Profit (PBDIT) excl Other Income
87.42
57.64
51.67%
Interest
18.71
20.35
-8.06%
Exceptional Items
0.00
0.00
Consolidate Net Profit
33.36
37.36
-10.71%
Operating Profit Margin (Excl OI)
6.80%
4.70%
2.10%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 5.01% vs -6.20% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -10.71% vs -38.87% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,273.24
2,224.95
2.17%
Operating Profit (PBDIT) excl Other Income
127.02
124.24
2.24%
Interest
33.07
25.57
29.33%
Exceptional Items
0.00
-4.80
100.00%
Consolidate Net Profit
41.01
64.41
-36.33%
Operating Profit Margin (Excl OI)
5.60%
5.61%
-0.01%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 2.17% vs -9.36% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -36.33% vs -37.58% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,562.96
3,453.19
3.18%
Operating Profit (PBDIT) excl Other Income
214.44
181.88
17.90%
Interest
51.78
45.92
12.76%
Exceptional Items
0.00
-4.80
100.00%
Consolidate Net Profit
74.37
101.77
-26.92%
Operating Profit Margin (Excl OI)
6.02%
5.27%
0.75%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 3.18% vs -8.26% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -26.92% vs -38.06% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
4,641.27
4,889.24
-5.07%
Operating Profit (PBDIT) excl Other Income
259.69
374.75
-30.70%
Interest
63.48
43.62
45.53%
Exceptional Items
-4.80
0.90
-633.33%
Consolidate Net Profit
131.08
216.34
-39.41%
Operating Profit Margin (Excl OI)
5.62%
7.70%
-2.08%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -5.07% vs 1.58% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -39.41% vs 68.33% in Mar 2023

stock-summaryCompany CV
About Bajaj Electricals Ltd stock-summary
stock-summary
Bajaj Electricals Ltd
Mid Cap
Consumer durables
Bajaj Electricals Limited was incorporated in July , 1938. The Company is engaged in business of consumer products (appliances, fans, lighting), EPC (illumination, power transmission and power distribution) and exports. Powered by a pan-India presence and a market leading position in the industry, the Company functions through 20 branch offices which are duly supported by a chain of approximately over 700 distributors, 2.20 lakhs retail outlets and over 600 consumer care centers.
Company Coordinates stock-summary
Company Details
45-47 Veer Nariman Road, Fort Mumbai Maharashtra : 400001
stock-summary
Tel: 91-22-22043841
stock-summary
legal@bajajelectricals.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai