Bajaj Consumer Care Limited (BAJAJCON) AI Stock Analysis

• Market Cap: ₹43.80B
• Dividend Yield: N/A
• Average Volume (3M): 88.04K
• Price to Earnings (P/E): 18.6
• Beta (1Y): 0.90
• Revenue Growth: 6.03%
• EPS Growth: 0.51%
• Country: IN
• Employees: 506
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): 3.40
• Shares Outstanding: 131,129,470
• 10 Day Avg. Volume: 79,085
• 30 Day Avg. Volume: 88,041
• PEG Ratio: -1.06
• Price to Book (P/B): 3.02
• Price to Sales (P/S): 2.34
• P/FCF Ratio: 37.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 13.23
• Revenue Forecast (FY): ₹11.19B

• Rating: 68 Neutral
• Price Target: ₹364.00 ▲(31.98% Upside)
• Action: Downgraded Date: 02/25/26
• Date: Action: Downgraded 02/25/26

The score is driven primarily by solid financial fundamentals (notably a strong balance sheet and positive operating cash flow). Technicals show a strong uptrend, but overbought momentum signals raise near-term risk. Valuation is a headwind with a relatively high P/E and no dividend yield support provided.

Positive Factors

Strong balance sheet

High equity and low leverage provide durable financial flexibility, enabling the company to fund working capital, invest in distribution or marketing, and withstand demand shocks without relying heavily on external debt. This supports long-term stability and strategic optionality.

Consistent operating cash flow

Sustained positive operating cash flow underpins the business's ability to self-fund day-to-day operations, capex and potential marketing investments. Reliable cash generation reduces refinancing risk and supports durable execution of growth initiatives and margin management.

Defensible market position and growth

A recognizable haircare franchise paired with double-digit revenue growth indicates structural demand and brand pull in core categories. Brand strength supports pricing power, distribution leverage and new product rollouts, sustaining medium-term revenue and category leadership.

Negative Factors

Eroding net profit margin

Recent pressure on net margins suggests slower pass-through of input-costs or rising operating expenses, which can compress free cash flow and returns over several quarters. Persistent margin erosion would weaken the company's ability to reinvest and fund shareholder returns.

Declining stockholders' equity trend

A downward trend in equity reduces the cushion against shocks and may limit the firm's capacity to absorb losses or finance expansion internally. Over time this could increase leverage sensitivity or force more costly external financing for growth initiatives.

Slowing free cash flow growth

A deceleration in free cash flow growth constrains long-term reinvestment, marketing or distribution expansion and reduces buffer for dividends or buybacks. If sustained, it may compel trade-offs between growth spending and balance sheet repair.

Bajaj Consumer Care Limited Business Overview & Revenue Model

Company Description

Bajaj Consumer Care Limited manufactures and sells cosmetics, toiletries, and other personal care products in India and internationally. The company offers hair care products, including hair oil and masque under the Bajaj Almond Drops, Bajaj Coco Onion, Bajaj Sarson Amla, Bajaj 100% Pure, Bajaj Amla Aloe Vera, Bajaj Brahmi Amla, Bajaj Cool Almond Drops, Bajaj Jasmine, Bajaj Zero Grey, and Natyv Soul brands. It also provides skin care products, such as soaps, creams, and face wash and scrubs under the Bajaj Almond Drops and Bajaj Nomarks brands; and sanitizer under the Bajaj and Bajaj Nomarks names. The company was formerly known as Bajaj Corp Limited and changed its name to Bajaj Consumer Care Limited in January 2019. Bajaj Consumer Care Limited was founded in 1953 and is based in Udaipur, India.

How the Company Makes Money

Bajaj Consumer Care Limited primarily makes money by manufacturing, marketing, and selling branded consumer products, with revenue largely driven by its hair care portfolio (notably Bajaj Almond Drops hair oil). Sales are generated through distribution to retail and wholesale channels and modern trade, and through direct sales via e-commerce/online marketplaces where applicable. The company’s earnings are influenced by brand strength and consumer demand, pricing and product mix, distribution reach, advertising and promotion effectiveness, and input-cost management (e.g., packaging materials and key raw materials used in personal care products). Specific details on significant partnerships, contract structures, or channel-wise revenue breakdowns are null.

Bajaj Consumer Care Limited Financial Statement Overview

Summary

Strong balance sheet (low leverage, high equity) and consistently positive operating cash flow support financial stability, but recent pressure in net profit margin and a declining trend in stockholders’ equity temper the outlook.

Income Statement

Bajaj Consumer Care Limited shows a stable revenue trend with minor fluctuations over the years. The gross profit margin is healthy, indicating efficient cost management. However, net profit margin has decreased recently, reflecting potential challenges in managing bottom-line profitability. EBIT and EBITDA margins indicate strong operational efficiency but have shown volatility.

Balance Sheet

The company maintains a robust balance sheet with high stockholders' equity and low debt levels, resulting in a favorable debt-to-equity ratio. The equity ratio is strong, demonstrating solid asset management and financial stability. However, a declining trend in stockholders' equity could pose future risks.

Cash Flow

Operating cash flow remains positive, supporting the company's operational activities. However, recent decline in free cash flow growth rate suggests potential challenges in cash generation. The company maintains a healthy free cash flow to net income ratio, indicating efficient cash management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	10.06B	9.65B	9.68B	9.49B	8.67B	9.05B
Gross Profit	5.25B	5.23B	5.25B	5.09B	4.78B	5.51B
EBITDA	1.70B	1.27B	2.00B	1.78B	2.13B	2.78B
Net Income	1.37B	1.25B	1.55B	1.39B	1.70B	2.23B
Balance Sheet
Total Assets	8.45B	9.01B	9.84B	9.24B	9.31B	8.94B
Cash, Cash Equivalents and Short-Term Investments	2.88B	4.53B	6.30B	5.91B	6.24B	5.94B
Total Debt	179.88M	41.69M	87.51M	92.84M	0.00	50.00M
Total Liabilities	2.00B	1.53B	1.53B	1.35B	1.22B	1.37B
Stockholders Equity	6.45B	7.48B	8.31B	7.90B	8.10B	7.57B
Cash Flow
Free Cash Flow	517.01M	597.23M	1.12B	950.41M	1.18B	2.34B
Operating Cash Flow	793.66M	650.98M	1.16B	1.01B	1.29B	2.37B
Investing Cash Flow	986.63M	1.55B	126.42M	646.06M	6.91M	-1.06B
Financing Cash Flow	-1.92B	-2.12B	-1.20B	-1.63B	-1.24B	-1.34B

Bajaj Consumer Care Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 275.80
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BAJAJCON, the sentiment is Neutral. The current price of 275.8 is below the 20-day moving average (MA) of 376.35, below the 50-day MA of 336.89, and above the 200-day MA of 262.58, indicating a neutral trend. The MACD of 2.64 indicates Positive momentum. The RSI at 37.55 is Neutral, neither overbought nor oversold. The STOCH value of 20.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:BAJAJCON.

Bajaj Consumer Care Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MARICO	69 Neutral	₹976.20B	54.57	―	1.42%	22.56%	4.73%
BAJAJCON	68 Neutral	₹43.80B	18.62	―	―	6.03%	0.51%
DABUR	66 Neutral	₹804.72B	39.88	―	1.62%	2.68%	1.07%
EMAMILTD	64 Neutral	₹182.59B	18.06	―	1.91%	0.84%	-2.44%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
JYOTHYLAB	61 Neutral	₹80.60B	31.99	―	1.24%	1.62%	-7.32%
GODREJCP	59 Neutral	₹1.05T	62.79	―	1.67%	5.77%	―

Bajaj Consumer Care Limited Corporate Events

Bajaj Consumer Care Reshapes Senior Management in International and Brand Roles

Bajaj Consumer Care Limited has announced changes in its senior management team, marking a shift in leadership of its strategy and international operations. The company disclosed that Head – Strategy & International Business, Deepak Himan, resigned effective February 28, 2026, to pursue external opportunities, with his departure formally noted by the board.

To maintain continuity in its overseas growth agenda, the board has appointed Abhishek Bhattacharya as Head – International Business for the Rest of World, Middle East & Africa, and Nepal, effective March 1, 2026. In a parallel move to strengthen its brand portfolio, K.G. Mallikeswaran has been named Associate Vice President for the Banjaras brand from March 3, 2026, underscoring the company’s intent to reinforce international expansion and brand-focused leadership within its senior ranks.

Bajaj Consumer Care Posts Q3 Earnings Call Audio, Transcript to Follow

Bajaj Consumer Care Limited has notified the stock exchanges that the audio recording of its earnings conference call discussing unaudited financial results for the third quarter ended December 31, 2025, held on January 21, 2026, has been made available on the company’s website. The company also stated that a transcript of the call will be submitted to the exchanges and published on its website in due course, underscoring its compliance with disclosure regulations and its ongoing efforts to maintain transparency for investors and other stakeholders.

Bajaj Consumer Care to Host Q3 FY26 Earnings Call on January 21

Bajaj Consumer Care Limited has informed the stock exchanges that it will participate in an earnings conference call organized by ICICI Securities on Wednesday, January 21, 2026, at 5:00 p.m. India time to discuss its unaudited financial results for the third quarter ended December 31, 2025. Senior management, including the managing director, chief financial officer and head of finance, will address investors and analysts on the call, with the conference details, transcript and audio cast to be made available on the company’s website, underscoring its ongoing emphasis on regulatory compliance and transparent communication with capital market stakeholders.

Bajaj Consumer Care Files SEBI Demat Compliance Certificate for December Quarter

Bajaj Consumer Care Limited has submitted to BSE and NSE the required compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2025. The certificate, issued by its registrar and share transfer agent KFin Technologies Limited, confirms that details of securities dematerialised and rematerialised during the quarter have been duly furnished to all stock exchanges where the company’s shares are listed, underscoring the company’s adherence to regulatory norms and reinforcing transparency for investors and market participants.

Bajaj Consumer Care Appoints New Chief Marketing Officer Amid Leadership Transition

Bajaj Consumer Care Limited has announced a key change in its senior management, appointing Aditya Singh as Chief Marketing Officer with immediate effect following approval by the board based on the recommendation of its Nomination, Remuneration and Corporate Governance Committee. The move comes as current CMO Sanath Pulikkal resigns from his role for personal reasons and is set to be relieved by 31 March 2026, allowing for a structured transition period that aims to ensure continuity in the company’s marketing strategy and operational stability during the leadership handover.