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BAJAJELEC

FAIRLY_VALUED

Bajaj Electricals

Consumer Durables · NSE

7.7% vs fair value

52W Low

330

+7.1% from low

52W High

711

-50.3% from high

News sentiment (3 articles)
0 bull0 neutral3 bear

Valuation Gauge

FAIRLY_VALUED+7.7% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

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.

High confidence

Cash Flow Analysis

40% weight

₹571

Balance Sheet Value

30% weight

₹182

Growth Valuation

30% weight

₹333

Price vs Market

BAJAJELEC
Nifty 50

Shareholding Pattern

Stock Health Score

B

Solid Fundamentals

5.9 / 10

Profitability

6/10

ROE of 6.6% is below the Consumer Durables sector benchmark of 18%

Debt & Leverage

6/10

D/E ratio of 0.8x is manageable for Consumer Durables sector (norm: 0.8x)

Valuation vs Peers

8/10

P/E of 35.5x is slightly below the Consumer Durables sector median of 51x — reasonably valued

Cash Flow

6/10

FCF margin of 6.1% — healthy cash generation (₹293 Cr)

Earnings Growth

4/10

5yr EPS CAGR of 1.3% is well below Consumer Durables sector average of 16.9%

Dividend

6/10

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

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹4.5K Cr₹191 Cr4.0%₹36 Cr₹3.09
2025-03-31₹4.8K Cr₹307 Cr6.0%₹133 Cr₹11.57
2024-03-31₹4.6K Cr₹260 Cr6.0%₹131 Cr₹11.38
2023-03-31₹4.9K Cr₹375 Cr8.0%₹216 Cr₹18.78
2022-03-31₹4.8K Cr₹250 Cr5.0%₹124 Cr₹11.19
2021-03-31₹4.6K Cr₹303 Cr7.0%₹189 Cr₹16.64
2020-03-31₹5.0K Cr₹205 Cr4.0%₹-10 Cr₹-0.82
2019-03-31₹6.7K Cr₹338 Cr5.0%₹154 Cr₹13.76
2018-03-31₹4.7K Cr₹283 Cr6.0%₹84 Cr₹7.39
2017-03-31₹4.3K Cr₹243 Cr6.0%₹102 Cr₹9.08
2016-03-31₹4.6K Cr₹264 Cr6.0%₹108 Cr₹9.62

Compounded Growth Rates

Sales Growth

3Y-2.8%
5Y-0.4%
10Y-0.2%

Profit Growth

3Y-45.0%
5Y-28.2%
10Y-10.4%

EPS Growth

3Y-45.2%
5Y-28.6%
10Y-10.7%

Peer Comparison

Consumer Durables
StockPriceFair ValueMoS%P/EROESignal

Senco Gold Limited

₹320.5₹913.6+64.9%9.822.8%FAIRLY_VALUED

PC Jeweller Limited

₹8.5₹17.2+50.5%11.79.1%FAIRLY_VALUED

Bata India

₹669₹1,308.2+48.9%47.415.0%FAIRLY_VALUED

P N Gadgil Jewellers Limited

₹578.5₹864.8+33.1%19.522.4%UNDERVALUED

Whirlpool of India Limited

₹820₹1,106.8+25.9%31.18.2%UNDERVALUED

Bajaj Electricals

₹353.5₹382.9+7.7%113.86.6%FAIRLY_VALUED

Cera Sanitaryware Limited

₹4,796₹4,154-15.5%28.417.7%FAIRLY_VALUED

Vaibhav Global Limited

₹191.6₹160.5-19.4%15.214.5%FAIRLY_VALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

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