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Bajaj Electricals BAJAJELEC.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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278.90

+1.07%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹44.62bn

FY2017FY2026

Net income

−₹908.6m

FY2017FY2026

Free cash flow

₹5.80bn

FY2017FY2026

Shareholders' equity

₹15.94bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹44.62bn₹48.28bn₹46.22bn₹48.68bn₹48.13bn₹45.85bn₹49.39bn₹66.39bn₹46.87bn₹42.42bn
Research and development——₹403.4m₹258.4m₹296.6m₹239.3m₹251.4m₹246.5m₹178.4m₹124.6m
Operating income₹97.9m₹1.73bn₹2.35bn₹3.14bn₹2.34bn₹3.23bn₹1.79bn₹3.26bn₹3.14bn₹2.22bn
Net income−₹908.6m₹1.33bn₹1.31bn₹2.16bn₹1.29bn₹1.91bn−₹92.8m₹1.56bn₹836.3m₹1.02bn
Diluted earnings per share-7.8511.5311.3618.7511.1416.52-0.8114.287.9710.01

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹42.60bn₹42.19bn₹38.33bn₹46.77bn₹39.92bn₹42.68bn₹45.67bn₹51.79bn₹34.66bn₹30.72bn
Cash and short-term investments₹5.20bn₹5.08bn₹3.04bn₹4.09bn₹1.42bn₹608.5m₹1.04bn₹154.4m₹248.5m₹251.3m
Total liabilities₹26.66bn₹24.94bn₹23.92bn₹27.70bn₹22.86bn₹26.89bn₹32.19bn₹41.23bn₹25.29bn₹22.09bn
Debt₹1.59bn₹2.43bn₹2.15bn₹12.88bn₹907.9m₹5.09bn₹14.03bn₹15.90bn₹7.23bn₹6.24bn
Shareholders' equity₹15.94bn₹17.25bn₹14.41bn₹19.07bn₹17.32bn₹15.78bn₹13.48bn₹10.56bn₹9.37bn₹8.63bn
Shares outstanding116m115m115m115m115m115m115m110m105m102m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹6.12bn₹3.47bn₹3.54bn₹4.50bn₹9.14bn₹6.58bn₹6.26bn−₹6.21bn−₹1.03bn₹4.37bn
Capital spending−₹320.6m−₹50.0m−₹1.31bn−₹843.0m−₹756.5m−₹403.3m−₹310.0m−₹572.6m−₹380.5m−₹562.4m
Free cash flow₹5.80bn₹3.42bn₹2.23bn₹3.65bn₹8.38bn₹6.18bn₹5.95bn−₹6.78bn−₹1.41bn₹3.80bn
Dividends paid−₹346.1m−₹345.7m−₹460.4m−₹344.7m−₹344.7m—−₹358.5m−₹356.9m−₹283.4m−₹955,000

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹10.89bn₹12.40bn₹10.51bn₹11.07bn₹10.59bn₹12.65bn₹12.86bn₹11.15bn
Operating income₹465.7m₹105.7m−₹412.8m₹251.4m₹191.0m₹698.4m₹513.4m₹168.2m
Net income₹483.8m−₹675.3m−₹341.0m₹98.6m₹9.1m₹590.5m₹333.6m₹129.0m
Diluted earnings per share4.18-5.84-2.960.850.085.122.891.12
Cash from operations—₹4.03bn₹1.93bn₹119.0m—₹1.90bn−₹428.0m₹1.77bn
Capital spending—−₹50.0m−₹50.0m−₹219.0m—−₹202.0m−₹54.0m−₹233.0m
Free cash flow—₹3.98bn₹1.88bn−₹100.0m—₹1.70bn−₹482.0m₹1.53bn
Total assets—₹42.60bn—₹39.19bn—₹42.19bn—₹38.69bn
Cash and short-term investments—₹5.20bn₹2.78bn₹2.78bn₹5.08bn₹5.08bn₹722.3m₹722.3m
Debt—₹475.5m—₹2.15bn—₹17.76bn—₹2.29bn
Shareholders' equity—₹15.94bn₹17.13bn₹17.13bn₹17.25bn₹17.25bn₹14.63bn₹14.63bn

Financial ratios

Data as of 19 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin0.2%3.6%5.1%6.5%4.9%7.0%——
Net margin-2.0%2.8%2.8%4.4%2.7%4.2%——
Return on equity-5.7%7.7%9.1%11.3%7.4%12.1%——
Return on assets-2.1%3.2%3.4%4.6%3.2%4.5%——
Free cash flow yield17.2%9.4%13.0%14.3%26.6%18.7%——
Revenue growth-7.6%4.4%-5.0%1.1%5.0%-7.2%——
Earnings growth-168.3%1.5%-39.4%68.2%-32.6%-2153.2%——
Current ratio1.11x1.29x1.21x1.32x1.21x1.17x——
Debt to equity0.03x0.03x0.03x0.64x0.03x0.31x——
Equity ratio37.4%40.9%37.6%40.8%43.4%37.0%——
Interest coverage0.17x2.51x3.78x7.54x3.35x4.22x——
R&D as a share of sales——0.9%0.5%0.6%0.5%0.5%0.4%
Buybacks as a share of market value-0.3%0.0%-0.1%0.0%0.0%-0.2%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-2.9%-0.5%-0.3%
Operating income-68.5%-50.3%-27.7%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin2.0%3.9%4.6%4.8%
Net margin0.5%2.1%2.5%2.1%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings-35.041.467.652.7102.573.2-712.823.058.145.6
Price to sales0.71.11.92.32.73.01.30.51.01.1

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 17 Jul 2026.

FY2027FY2026FY2025FY2024FY2023FY2020FY2019FY2018
Paid in the year3.003.003.004.003.003.4153.4152.732
  • 5-for-1 split · 28 Jan 2010

Sources and methodology

Data on this tab
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Chart on the Overview
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