Bajaj Electricals
Consumer Durables · NSE
↑ 7.7% vs fair value
52W Low
₹330
+7.1% from low
52W High
₹711
-50.3% from high
Valuation Gauge
Current Price
₹353
Fair Value
₹383
Fair Value Analysis
₹383
Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Consumer Durables sector companies | Sector-cheap: P/E at 34th percentile vs sector peers. | COVID-recovering: PAT dropped from ₹154Cr (FY2019) to ₹-10Cr (FY2020); partially recovered. Growth rate uses pre-COVID base.
Cash Flow Analysis
40% weight
Balance Sheet Value
30% weight
Growth Valuation
30% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 6.6% is below the Consumer Durables sector benchmark of 18%
Debt & Leverage
D/E ratio of 0.8x is manageable for Consumer Durables sector (norm: 0.8x)
Valuation vs Peers
P/E of 35.5x is slightly below the Consumer Durables sector median of 51x — reasonably valued
Cash Flow
FCF margin of 6.1% — healthy cash generation (₹293 Cr)
Earnings Growth
5yr EPS CAGR of 1.3% is well below Consumer Durables sector average of 16.9%
Dividend
Dividend yield of 0.9% provides moderate shareholder returns
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
3.8%
Free cash flow / market cap
Revenue Growth (YoY)
+2.9%
Year-on-year revenue change
Profit Growth (YoY)
+4.3%
Year-on-year PAT change
Operating Cash Flow
₹347 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹9.9
P/E Ratio
35.6x
P/B Ratio
2.4x
ROE
6.6%
ROCE
11.9%
Debt / Equity
0.85x
Beta
-0.14
Div Yield
0.8%
FCF (Cr)
₹293 Cr
Revenue (Cr)
₹4,816 Cr
EPS Growth 5Y
1.3%
Mkt Cap (Cr)
₹4,038 Cr
52W High
₹711
52W Low
₹330
Book Value/Share
₹149.1
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹4.5K Cr | ₹191 Cr | 4.0% | ₹36 Cr | ₹3.09 |
| 2025-03-31 | ₹4.8K Cr | ₹307 Cr | 6.0% | ₹133 Cr | ₹11.57 |
| 2024-03-31 | ₹4.6K Cr | ₹260 Cr | 6.0% | ₹131 Cr | ₹11.38 |
| 2023-03-31 | ₹4.9K Cr | ₹375 Cr | 8.0% | ₹216 Cr | ₹18.78 |
| 2022-03-31 | ₹4.8K Cr | ₹250 Cr | 5.0% | ₹124 Cr | ₹11.19 |
| 2021-03-31 | ₹4.6K Cr | ₹303 Cr | 7.0% | ₹189 Cr | ₹16.64 |
| 2020-03-31 | ₹5.0K Cr | ₹205 Cr | 4.0% | ₹-10 Cr | ₹-0.82 |
| 2019-03-31 | ₹6.7K Cr | ₹338 Cr | 5.0% | ₹154 Cr | ₹13.76 |
| 2018-03-31 | ₹4.7K Cr | ₹283 Cr | 6.0% | ₹84 Cr | ₹7.39 |
| 2017-03-31 | ₹4.3K Cr | ₹243 Cr | 6.0% | ₹102 Cr | ₹9.08 |
| 2016-03-31 | ₹4.6K Cr | ₹264 Cr | 6.0% | ₹108 Cr | ₹9.62 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Consumer Durables| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Senco Gold Limited | ₹320.5 | ₹913.6 | +64.9% | 9.8 | 22.8% | FAIRLY_VALUED |
PC Jeweller Limited | ₹8.5 | ₹17.2 | +50.5% | 11.7 | 9.1% | FAIRLY_VALUED |
Bata India | ₹669 | ₹1,308.2 | +48.9% | 47.4 | 15.0% | FAIRLY_VALUED |
P N Gadgil Jewellers Limited | ₹578.5 | ₹864.8 | +33.1% | 19.5 | 22.4% | UNDERVALUED |
Whirlpool of India Limited | ₹820 | ₹1,106.8 | +25.9% | 31.1 | 8.2% | UNDERVALUED |
Bajaj Electricals | ₹353.5 | ₹382.9 | +7.7% | 113.8 | 6.6% | FAIRLY_VALUED |
Cera Sanitaryware Limited | ₹4,796 | ₹4,154 | -15.5% | 28.4 | 17.7% | FAIRLY_VALUED |
Vaibhav Global Limited | ₹191.6 | ₹160.5 | -19.4% | 15.2 | 14.5% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Company Documents
Annual reports, concall transcripts & regulatory filings
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Analyst Note
2d ago
Bajaj Electricals is fairly valued at ₹353.45, trading 7.7% below its fair value of ₹382.87. The company faces headwinds with revenue declining 18.5% year-on-year and elevated valuation metrics (PE of 113.1x), though it maintains decent free cash flow generation of ₹293 Cr and a reasonable ROCE of 11.9%. Sentiment remains consistently bearish over both the last week and month, while the stock trades well below its 52-week high of ₹711, suggesting recovery potential in a cyclical sector. Suitable for value-conscious investors comfortable with near-term uncertainty in consumer durables.
What is Dalal Street saying?
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Telegram Channels
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StockTwits
What traders are saying right now
No StockTwits activity found for BAJAJELEC.
Search Interest
Google Trends · India · Last 90 days
Trend data not yet available — check back soon.
Corporate Actions
Splits, bonuses & rights issues
| Type | Details | Ratio | Ex-Date |
|---|---|---|---|
| BONUS | Bonus — issue 1:1 | 1:1 bonus | 28 Aug 2007 |
Technical Pulse
Plain English — no jargon
Trading 32.0% below its 200-day average — stock has been in a steep downtrend.
RSI is 43 — neutral momentum, neither overbought nor oversold.
Below both 20-day and 50-day averages — no short-term recovery signal yet.
Fairly valued but technically weak. No strong reason to buy right now — wait for momentum to improve.
Bajaj Electricals Limited Issues Public Notice for Duplicate Share Certificate Following Loss of Original - scanx.trade
Bajaj Electricals Ltd Reports Sharp Deterioration in Quarterly Financial Performance Amidst Market Challenges - Markets Mojo
Bajaj Electricals Receives GST Assessment Order with Rs 5.75 Crore Demand for FY 2019-20 - scanx.trade
Bajaj Electricals Faces Upheld GST Demand of Rs 80.75 Lakh in Appeal Order - scanx.trade
Bajaj Electricals Receives GST Assessment Order with Demand of Rs. 67.31 Lakh - scanx.trade
Bajaj Electricals Ltd Falls to 52-Week Low of Rs 332.95 as Sell-Off Deepens - Markets Mojo
Bajaj Electricals Ltd is Rated Strong Sell - Markets Mojo
Bajaj Electricals Announces Postal Ballot for Independent Director Appointment and Remuneration Approval - scanx.trade
Bajaj Electricals shares jump on Morphy Richards deal; details here - MSN
Bajaj Electricals shares jump on Morphy Richards deal; details here - MSN
Bajaj Electricals GST Demand Reduced to Rs. 15.63 Lakh from Rs. 1.04 Crore Following Appeal - scanx.trade
Bajaj Electricals Ltd Stock Falls to 52-Week Low of Rs.338.7 - Markets Mojo
Bajaj Electricals shares jump on Morphy Richards deal; details here - MSN
Bajaj Electricals shares jump on Morphy Richards deal; details here - MSN
Bajaj Electricals Ltd Hits 52-Week Low Amid Continued Downtrend - Markets Mojo
Bajaj Electricals Receives Adverse GST Appeal Order Upholding Rs. 3.62 Crore Demand - scanx.trade
Bajaj Electricals Ltd is Rated Strong Sell - Markets Mojo
NSE March 17 Top Losers: Bajaj Electricals, Allied Blenders Drop Over 5% In Selling Pressure - HDFC Sky
Bajaj Electricals Shares Skyrocketed 10% on Securing Morphy Richards Brand Rights - Equitypandit
SENSEX gains over 130 pts, NIFTY50 flat in noon deals; Bajaj Electricals, Redington, Tata Motors among buzzing stocks - Upstox