About
Basic Data Updated:
2 days agoBajaj Electricals Limited, previously known as Radio Lamp Works Limited, has been divided into two segments, namely consumer products and engineering projects, as per the credit rating report. The consumer products segment includes a wide range of appliances, fans, and consumer lighting products. On the other hand, the engineering projects segment comprises of transmission line towers, telecommunication towers, high masts, poles, special projects, and rural electrification projects. The company offers a variety of fans, including ceiling, table, pedestal, wall, fresh air, and industrial fans, along with lighting solutions such as light sources, light emitting diode-based lighting products, domestic luminaries, torches, and lanterns. The manufacturing and assembling units of BEL are located at Ranjangaon and Chakan. With 19 branch offices spread across the country, the company is supported by a chain of distributors, authorized dealers, retail outlets, exclusive showrooms called ‘Bajaj World,’ and approximately 462 customer care centers.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Bajaj Electricals Limited
Pergola and Shades
Street Lights
LED Lamp
Lighting Fixtures
Financials of Bajaj Electricals Limited
Bajaj Electricals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.91% increase. The company also saw a substantial improvement in profitability, with a 50.17% increase in profit. The company's net worth moved up by a moderate rise of 9.89%.
Corporate Structure
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People in Bajaj Electricals Limited
Unlock and access historical data on people associated with Bajaj Electricals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Anuj Poddar
Managing DirectorAppointment Date: 30-May-2016
Status: Current
EP
Ellatch Prasad CFOAppointment Date: 01-Jul-2021
Status: Current
PD
Prashant Dalvi Company SecretaryAppointment Date: 01-Jul-2023
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 06 Jul 2023 | ₹1.24 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 30 Aug 2010 | ₹3,080.00 Cr | Open |
Standard Chartered Bank Creation Date: 27 Apr 2018 | ₹52.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Future Generali India Life Insurance Company Limited
Active
17 years 6 months Shailesh Haribhakti is a mutual person
Recent activity within the organization
Charges
A charge with Sbicap Trustee Company Limited of Rs. 3,080.00 cr registered on 30 Aug 2010 with Charge ID 10240258 was modified on 26 Feb 2024.
26 Feb 2024Annual General Meeting
Bajaj Electricals Limited last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records.
10 Aug 2023Charges
A charge with Others amounted to Rs. 1.24 cr with Charge ID 100753764 was registered on 06 Jul 2023.
06 Jul 2023Charges
A charge registered on 27 Apr 2018 via Charge ID 100174061 with Standard Chartered Bank was fully satisfied on 12 Jun 2023.
12 Jun 2023Director Appointment
Sudarshan Sampathkumar was appointed as a Director was appointed as a Director on 23 May 2023 & has been associated with this company since 11 months 29 days .
23 May 2023
Recent News, Updates & Announcement
Bajaj Electricals Q2 results Net profit declines 56 at 2728 crore Mint.Bajaj Electricals net sales declined 376 to 110740 crore in the second quarter of the current fiscal as against 115077 crore in the yearago period.
mint 06 Nov 2023
- Bajaj Electricals Q1 profit falls 136 as unseasonal rains inflation hit demand.
Deccan Herald 11 Aug 2023
- Bajaj Electricals to increase its play in the premium segment.
Bajaj Electricals plans to launch new premium products to increase its revenue contribution from upscale products The company will be launching a Morphy Richards range in the latter half of this year Its recent launch of a new brand Nex targets upscale consumers with its premium range of appliances Bajaj Electricals looks to focus on brand upliftment and product premiumisation by launching new products to grow market share .
Economic Times 28 May 2023
- Bajaj Electricals Q4 profit up 34 YoY to Rs 52 cr total revenue rises 12.
Business Standard 23 May 2023
- Announcing the launch of Nex Technology.
The consumer appliances industry saw the launch of Nex a premium brand for discerning urban Indians The brand aims to deliver bestinclass performance and a heightened sensorial experience Nex launched its range of ceiling fans that redefine the industry by offering a 20 higher air thrust compared to conventional fans in the market They also boast of low noise and the energyefficient BLDC technology Consumers can purchase them exclusively on Amazon and Flipkart and beat the summer heat.
Devdiscourse 10 May 2023
Frequently asked questions
What is the Incorporation or founding date of Bajaj Electricals Limited?
