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Bajaj Electricals Ltd

(BAJAJELEC)

₹753.71.15%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Bajaj Electricals Ltd Analyst Rating

based on 16 analysts

BUY

58.82%

Buy

29.41%

Hold

11.76%

Sell

Based on 16 analysts offering long term price targets for Bajaj Electricals Ltd. An average target of ₹985.19

Source: S&P Global Market Intelligence

Bajaj Electricals Ltd Share analysis

Bajaj Electricals Ltd price forecast by 16 analysts

Upside of29.21%

High

₹1138

Target

₹985.19

Low

₹623

Bajaj Electricals Ltd target price ₹985.19, a slight upside of 29.21% compared to current price of ₹753.7. According to 16 analysts rating.

Source: S&P Global Market Intelligence

Bajaj Electricals Ltd Performance

  • Day's Low

    Day's High

    ₹736.7
    ₹764.65
  • 52 Week's Low

    52 Week's High

    ₹736.7
    ₹1,110
1 Month Return-11.11 %
3 Month Return-21.96 %
1 Year Return-22.46 %
Previous Close₹762.45
Open₹762.85
Volume43.42K
Upper Circuit-
Lower Circuit-
Market Cap₹8,789.32Cr

Bajaj Electricals Ltd Key Statistics

P/E Ratio81.46
PEG Ratio-18.06
Market Cap₹8,789.32 Cr
P/B Ratio7.24
EPS11.38
Dividend Yield0.33
SectorConsumer Durables
ROE7.87

Bajaj Electricals Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹8,789.32 Cr30.45%0.58₹131 Cr₹4,641 Cr
BUY₹20,836.43 Cr104.78%0.71₹139 Cr₹6,729 Cr
BUY₹37,289.27 Cr71.78%0.56₹414 Cr₹9,685 Cr
BUY₹11,960.31 Cr8.87%0.52₹225 Cr₹2,855 Cr
BUY₹6,378.25 Cr27.07%0.64₹50 Cr₹5,653 Cr

About Bajaj Electricals Ltd

Bajaj Electricals Ltd is one of India's leading consumer electrical companies, incorporated in 1938. Bajaj Electricals Ltd provides a wide range of consumer products, ranging from lighting and luminaires, to fans, water heaters, kitchen appliances and other electrical products. It also provides engineering, procurement and construction services for power projects.

The company's popular brands include Morphy Richards, Nirlep, and Bajaj. Its top products include ceiling fans, CFLs, LED lighting, home appliances, and water heaters.

Share Price: ₹753.70 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹8,789.32Cr as of today
Revenue: ₹1,114.62Cr as on September 2024 (Q3 24)
Net Profit: ₹12.90Cr as on September 2024 (Q3 24)
Listing date: 02 Nov, 2007
Chairperson Name: Shekhar Bajaj
OrganisationBajaj Electricals Ltd
HeadquartersMumbai
IndustryConsumer Durables
E-voting on sharesClick here to vote

Key events for Bajaj Electricals Ltd

  • Bajaj Electricals Faces Earnings Downgrade Amid Weak Demand - 11 Nov, 2024

    Bajaj Electricals' earnings estimates for FY25-27 have been revised downward due to lower revenue growth and margin contraction. Despite a 52.6% YoY drop in PAT, the company anticipates near-term demand improvement due to festivals. The target price is set at Rs 901, down from Rs 980, maintaining a HOLD rating.

  • Bajaj Electricals Reports Decline in Q2FY25 Performance - 08 Nov, 2024

    Bajaj Electricals reported a 52% drop in net profit for Q2FY25 to Rs 12.9 crore, despite a modest revenue increase. Shares fell 4.5% following the announcement, reflecting negative investor sentiment.

  • Bajaj Electricals Reports Profit Decline and VRS Approval - 07 Nov, 2024

    Bajaj Electricals reported a significant 52% drop in Q2FY25 net profit to ₹12.9 crore, despite a slight revenue increase. The company also approved a Voluntary Retirement Scheme for Nashik employees, aiming to enhance operational performance.

  • Morgan Stanley Maintains Underweight on Bajaj Electricals - 16 Oct, 2024

    Morgan Stanley has reiterated its underweight stance on Bajaj Electricals, citing low earnings visibility in the FMEG sector and the need for improved rural consumption for growth.

Insights on Bajaj Electricals Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 14.58% to 15.58% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 7.92% to 8.22% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Symphony Ltd has given 59.8% return, outperforming this stock by 82.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Symphony Ltd has given 36.2% return, outperforming this stock by 64.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, BAJAJELEC stock has moved down by -28.0%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 37.36 Cr → 12.9 Cr (in ₹), with an average decrease of 26.6% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 4 quarters, 1.27K Cr → 1.13K Cr (in ₹), with an average decrease of 3.7% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 14.53% to 13.42% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 62.78% to 62.76% in Sep 2024 quarter

Bajaj Electricals Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,107.40Cr (-)₹1,225.99Cr (↑10.71%)₹1,180.98Cr (↓3.67%)₹1,152.25Cr (↓2.43%)₹1,114.62Cr (↓3.27%)
Net Income₹27.28Cr (-)₹37.36Cr (↑36.95%)₹29.31Cr (↓21.55%)₹28.11Cr (↓4.09%)₹12.90Cr (↓54.11%)
Net Profit Margin2.46% (-)3.05% (↑23.98%)2.48% (↓18.69%)2.44% (↓1.61%)1.16% (↓52.46%)
Value in ₹ crore
Details2021202220232024
Total Assets₹4,314.10Cr (-)₹4,073.52Cr (↓5.58%)₹5,060.45Cr (↑24.23%)₹3,894.14Cr (↓23.05%)
Total Liabilities₹2,709.36Cr (-)₹2,328.83Cr (↓14.05%)₹3,152.93Cr (↑35.39%)₹2,452.92Cr (↓22.20%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹627.41Cr (-)₹659.67Cr (↑5.14%)₹931.23Cr (↑41.17%)₹449.39Cr (↓51.74%)₹353.79Cr (↓21.27%)

Index Inclusions

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Bajaj Electricals Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
62.76%
-0.04
Foreign Institutions
8.22%
3.82
Mutual Funds
15.58%
6.85
Retail Investors
13.42%
-7.69
Others
0.03%
-84.63

Bajaj Electricals Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)-0.814.639.616.6611.38
Details20202021202220232024
Return On Equity %-0.0110.568.1711.857.87
Details20202021202220232024
Return On Assets %-0.24.423.164.273.37
Details20202021202220232024
Book Value Per Share (₹)105.08122.17133.66146.97125.11

Bajaj Electricals Ltd Valuation

Bajaj Electricals Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-520.68x)

June 5, 2020

Industry (-178.89x)

November 19, 2024

Today (81.46x)

November 19, 2024

Highest (386.35x)

February 25, 2020

LowHigh

Bajaj Electricals Ltd Earnings and Dividends

  • Bajaj Electricals Ltd Earnings Results

    Bajaj Electricals Ltd’s net profit fell -52.71% since last year same period to ₹12.90Cr in the Q2 2024-2025. On a quarterly growth basis, Bajaj Electricals Ltd has generated -54.11% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Bajaj Electricals Ltd Dividends May,2024

    In the quarter ending March 2024, Bajaj Electricals Ltd has declared dividend of ₹3 - translating a dividend yield of 0.92%.

    Read More about Dividends

Bajaj Electricals Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Bajaj Electricals Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Bajaj Electricals Ltd

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Bajaj Electricals Ltd (BAJAJELEC) share price today is ₹753.7

Bajaj Electricals Ltd is listed on NSE

Bajaj Electricals Ltd is listed on BSE

  • Today’s highest price of Bajaj Electricals Ltd is ₹764.65.
  • Today’s lowest price of Bajaj Electricals Ltd is ₹736.7.

PE Ratio of Bajaj Electricals Ltd is 81.46

PE ratio = Bajaj Electricals Ltd Market price per share / Bajaj Electricals Ltd Earnings per share

Today’s traded volume of Bajaj Electricals Ltd(BAJAJELEC) is 43.42K.

Today’s market capitalisation of Bajaj Electricals Ltd(BAJAJELEC) is ₹8789.32Cr.

Bajaj Electricals Ltd(BAJAJELECPrice
52 Week High
₹1110
52 Week Low
₹736.7

Bajaj Electricals Ltd(BAJAJELEC) share price is ₹753.7. It is down -32.10% from its 52 Week High price of ₹1110

Bajaj Electricals Ltd(BAJAJELEC) share price is ₹753.7. It is up 2.31% from its 52 Week Low price of ₹736.7

Bajaj Electricals Ltd(BAJAJELECReturns
1 Day Returns
-8.75%
1 Month Returns
-11.11%
3 Month Returns
-21.96%
1 Year Returns
-22.46%