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

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

V-Guard Industri

Liberty Shoes

Redtape

Metro Brands

Bata India

Stove Kraft

Bajaj Electrical

Hindware Home In

Relaxo Footwear

Khadim India

V I P Inds.

Why is Bajaj Electricals Ltd ?

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

Flat results in Dec 24

PAT(HY) At Rs 46.26 cr has Grown at -31.70 %
ROCE(HY) Lowest at 11.76 %
CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 36.20 cr

Stock is technically in a Bearish range

The technical trend has deteriorated from Mildly Bearish on 11-Dec-24 and has generated -40.15% returns since then
Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST

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

The stock is trading at a premium compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -48.84%, its profits have fallen by -34.3%

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -48.84% returns in the last 1 year, the stock has also underperformed BSE 500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Consumer durables)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Bajaj Electrical for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Bajaj Electrical

-48.83%

-1.58

30.99%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

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)

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

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

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

Dividend Yield

0.58%

ROCE (Latest)

6.66%

ROE (Latest)

7.36%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

11What is working for the Company

PBT LESS OI(Q)

At Rs 32.63 cr has Grown at 321.03 %

INVENTORY TURNOVER RATIO(HY)

Highest at 6.19 times

NET SALES(Q)

Highest at Rs 1,289.72 cr

PBDIT(Q)

Highest at Rs 87.42 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 6.78%

-11What is not working for the Company

PAT(HY)

At Rs 46.26 cr has Grown at -31.70 %

ROCE(HY)

Lowest at 11.76 %

CASH AND CASH EQUIVALENTS(HY)

Lowest at Rs 36.20 cr

DEBT-EQUITY RATIO(HY)

Highest at 0.16 times

Loading Valuation Snapshot...

Here's what is working for Bajaj Electrical

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 32.63 cr has Grown at 321.03 %

Year on Year (YoY)

MOJO Watch

Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Inventory Turnover Ratio- Half Yearly

Highest at 6.19 times and Grown

each half year in the last five half yearly periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Net Sales - Quarterly

Highest at Rs 1,289.72 cr

in the last five quarters

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Highest at Rs 87.42 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Highest at 6.78%

in the last five quarters

MOJO Watch

Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Highest at Rs 32.63 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Here's what is not working for Bajaj Electrical

Profit After Tax (PAT) - Quarterly

At Rs 33.36 cr has Fallen at -10.7 %

Year on Year (YoY)

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Cash and Cash Equivalents - Half Yearly

Lowest at Rs 36.20 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Debt-Equity Ratio - Half Yearly

Highest at 0.16 times

in the last five half yearly periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio