Bajaj Electricals

Quick check

The five things to look at first. Open one for more.

• DebtLow debtIt owes ₹159 Cr against ₹1,594 Cr of shareholders' money (Mar 2026), 0.1 times.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 2.3% and profit rose 4,700% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 63% of the company, about the same as in Jun 2025.
• ValuationExpensive vs its pastThe share trades at 124.7 times its yearly earnings (P/E), pricier than 100% of the time in the last 5 years. Its usual P/E is about 60.

Bajaj Electricals against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)124.7 against a typical 34.6: pricier than most peers (1st = cheapest).23rd of 26
• Sales growth+2.3% against a typical +16.3% from a year earlier.22nd of 26
• Profit growth+4,700% against a typical +39.1% from a year earlier.1st of 25
• Share price, 3 months−13.2% against a typical −12.6%.14th of 26
• Size₹ 3,242.3 Cr. market value against a typical ₹ 3,242.3 Cr. (1st = largest).12th of 23

Exchange filings and their impact on the company.

• 28 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +1.9% that day
  Q2 PAT up 2.6x to Rs 26 cr on flat revenue as Consumer Products turnaround lifts margins; succession to professional leadership announced.

  Bajaj Electricals reported Q2 FY27 revenue of Rs 1,123 crore, up 1.5% year-on-year, with profit after tax up 2.6 times to Rs 26 crore and Company EBIT up 51% to Rs 50 crore. Consumer Products grew 2.4% to Rs 853 crore with EBIT of Rs 34 crore versus Rs 7 crore last year, while Lighting fell 1.3% to Rs 271 crore with EBIT down to Rs 8 crore. The board also announced a leadership transition with Executive Chairman Shekhar Bajaj stepping down on Dec 31, 2026 to become Chairman Emeritus, MD & CEO Sanjay Sachdeva reappointed for 5 years from April 2027, and independent director Sudarshan Sampathkumar to become Non-Executive Chairman.

  Full analysisFiling
• 13 Oct 2026General UpdatesLow impactNegativePrice +0.8% on 14 Oct
  GST appeal upholds Rs 6.27 cr demand for FY20, a negligible one-time hit with no operational impact.

  Bajaj Electricals received an adverse GST appellate order for FY 2019-20 on October 12, 2026, upholding a demand of Rs 627.36 lakh including Rs 31.89 lakh penalty for alleged excess input tax credit and short GST payment. This slightly lowers the earlier Rs 632.52 lakh demand from August 2024. The company says there is no impact on operations and it is evaluating a further appeal to the tribunal or High Court, so any financial impact is limited to the demand amount if it materialises.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Shekhar P. Bajaj

Executive Chairman of the Board

Sanjay Sachdeva

Chief Executive Officer, Managing Director, Executive Director

Ashweenkaur Pritpalsingh Anand

Chief Financial Officer

Anand Joshi

Chief Technology Officer

Prashant Anant Dalvi

Chief Compliance Officer, Company Secretary

Pooja Bajaj

Whole-Time Director