Bajaj Electricals Limited (BAJAJELEC) AI Stock Analysis

• Market Cap: ₹66.32B
• Dividend Yield: 0.52%
• Average Volume (3M): 6.06K
• Price to Earnings (P/E): 62.4
• Beta (1Y): 1.39
• Revenue Growth: 1.15%
• EPS Growth: -13.12%
• Country: IN
• Employees: 1,958
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.70
• Shares Outstanding: 115,347,120
• 10 Day Avg. Volume: 9,757
• 30 Day Avg. Volume: 6,063
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹643.00
• Price Target Upside: 11.84% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 65 Neutral
• Price Target: ₹701.00 ▲(21.92% Upside)

Bajaj Electricals Limited's overall stock score is supported by strong financial performance, characterized by robust revenue growth and effective cash flow management. Technical analysis indicates a mixed momentum, with slight short-term weaknesses. The high P/E ratio and low dividend yield negatively impact the valuation, suggesting the stock might be overvalued, which is a significant risk factor.

Bajaj Electricals Limited Business Overview & Revenue Model

Company Description

Bajaj Electricals Limited (BAJAJELEC) is a diversified Indian company that operates in multiple sectors, primarily focusing on consumer products, engineering and projects, and lighting. The company is a part of the Bajaj Group, one of India’s oldest and most respected business conglomerates. Bajaj Electricals is renowned for its wide range of products, including home appliances like fans, mixers, and water heaters, as well as lighting solutions. Additionally, it provides engineering and project services, which include high-mast lighting, street lighting, and transmission line tower solutions.

How the Company Makes Money

Bajaj Electricals Limited generates revenue through a multi-faceted business model that spans several sectors. The company's primary revenue streams include the sale of consumer products, such as small appliances and lighting solutions, which are distributed through a vast network of dealers, distributors, and e-commerce platforms. In the engineering and projects segment, Bajaj Electricals undertakes large-scale infrastructure projects, including power distribution, transmission line towers, and illumination projects for public spaces. These projects contribute significantly to the company's earnings. Key partnerships with government bodies and private enterprises further bolster its revenue, as does its focus on expanding its distribution network and enhancing its product portfolio to meet evolving consumer demands.

Bajaj Electricals Limited Financial Statement Overview

Summary

Bajaj Electricals Limited exhibits a strong financial performance with solid revenue growth and efficient cash flow management. The balance sheet remains stable, with manageable leverage and consistent returns on equity. While profitability margins could be improved, the overall financial health is robust, indicating a well-managed company in the furnishings and appliances industry.

Income Statement

Bajaj Electricals Limited has shown consistent revenue growth over the years with a slight dip in the latest year, reflecting resilience in the furnishings and appliances sector. The company maintains a healthy gross profit margin, although net profit margins are slightly constrained by expenses, as seen in the declining EBIT and EBITDA margins. Despite this, the revenue growth rate has been positive, indicating robust sales performance.

Balance Sheet

The balance sheet reflects a stable financial position with a reasonable debt-to-equity ratio, suggesting balanced leverage. Return on equity shows positive returns, although the equity ratio indicates room for enhancing equity levels further. The company's liabilities are well-managed, supporting a solid financial foundation.

Cash Flow

Cash flow analysis reveals strong operating cash flows well above net income, indicating effective cash management and operational efficiency. Free cash flow to net income ratio is favorable, and despite fluctuations in free cash flow growth, the company maintains strong liquidity and investment potential.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	48.28B	46.22B	47.28B	53.40B	45.47B
Gross Profit	14.94B	13.27B	12.61B	15.74B	12.74B
EBITDA	3.62B	3.44B	3.05B	4.17B	3.98B
Net Income	1.33B	1.31B	1.29B	2.16B	1.91B
Balance Sheet
Total Assets	42.19B	38.33B	39.92B	46.77B	42.68B
Cash, Cash Equivalents and Short-Term Investments	1.82B	3.04B	1.42B	4.24B	608.52M
Total Debt	2.43B	2.15B	907.88M	1.01B	5.09B
Total Liabilities	24.94B	23.92B	22.86B	27.70B	26.89B
Stockholders Equity	17.25B	14.41B	17.32B	19.07B	15.78B
Cash Flow
Free Cash Flow	3.42B	2.23B	8.38B	3.65B	6.18B
Operating Cash Flow	3.47B	3.54B	9.14B	4.50B	6.58B
Investing Cash Flow	-1.95B	-2.61B	-705.23M	-880.30M	-1.10B
Financing Cash Flow	-1.46B	-1.33B	-7.71B	-1.39B	-6.04B

Bajaj Electricals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 574.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BAJAJELEC, the sentiment is Negative. The current price of 574.95 is below the 20-day moving average (MA) of 623.53, below the 50-day MA of 651.28, and below the 200-day MA of 677.61, indicating a bearish trend. The MACD of -22.95 indicates Positive momentum. The RSI at 28.43 is Positive, neither overbought nor oversold. The STOCH value of 12.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BAJAJELEC.

Bajaj Electricals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TTKPRESTIG	74 Outperform	₹86.63B	89.03		0.95%	2.16%	-55.67%
SYMPHONY	67 Neutral	₹65.81B	39.41		1.36%	-6.43%	-20.90%
IFBIND	65 Neutral	₹51.93B	48.29		―	11.68%	21.48%
BAJAJELEC	65 Neutral	₹66.32B	62.43		0.52%	1.15%	-13.12%
CROMPTON	63 Neutral	₹204.39B	38.81		0.94%	1.99%	10.81%
ORIENTELEC	63 Neutral	₹44.93B	52.01		0.71%	8.62%	23.56%
Sector *	57 Neutral	$3.22B	9.46	-34.32%	2.94%	-25.56%	-353.61%

Bajaj Electricals Limited Corporate Events

Bajaj Electricals Appoints New Secretarial Auditors to Enhance Governance

Bajaj Electricals Limited announced the appointment of Messrs Makarand M. Joshi & Co. as their Secretarial Auditors for a five-year term, starting from the conclusion of their 86th Annual General Meeting. This strategic move is expected to strengthen the company’s governance and compliance framework, reflecting its commitment to maintaining high standards in corporate governance and enhancing stakeholder confidence.

Bajaj Electricals Appoints Nirav Nayan Bajaj as Non-Executive Director

Bajaj Electricals Limited has announced the appointment of Mr. Nirav Nayan Bajaj as a Non-Executive Director, effective from May 12, 2025, following shareholder approval at the company’s 86th Annual General Meeting. This strategic appointment is expected to enhance the company’s leadership, leveraging Mr. Bajaj’s extensive experience in strategic assignments and operational efficiencies, potentially impacting the company’s growth and innovation strategies positively.