Fortune India 500 2025 edition
Rank#479- Total income
- ₹4,884 Cr
- Profit
- ₹133 Cr
Last year #461
Bajaj Electricals Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Listed - NSE: BAJAJELEC · BSE: 500031 Public Limited Company consumer electronics and durables Fortune India 500 · #479
Market Cap
₹3,218 Cr
BAJAJELEC · NSE
Share Price
₹276.45
-0.84% today
Revenue
₹4,462 Cr
FY 2025-26 · -7.6% YoY
EBITDA
₹46.57 Cr
Margin 1.0%
Net Profit
−₹11.91 Cr
FY 2025-26 · -112.0% YoY
ROE
-0.7%
ROCE 2.8%
Debt / Equity
0.12
Interest cover -59.2x
Authorised capital
₹151 Cr
Registered with MCA
About Bajaj Electricals Limited
Data last updated:
Bajaj Electricals Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 14 July 1938 and has been in existence for over 88 years.
Bajaj Electricals is ranked #479 on the Fortune India 500 (2025). Its director Shekhar Bajaj and family are #124 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L31500MH1938PLC009887. Its GSTIN is 27AAACB2484Q1Z8 (Maharashtra). The company holds 65 GST registrations, of which 57 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500031 and NSE: BAJAJELEC.
The company has an authorised share capital of ₹151 Cr and a paid-up capital of ₹23.08 Cr. It was formerly known as Radio Lamp Works Limited. It is led by directors including Sanjay Sachdeva (Managing Director) and Pooja Bajaj (Whole-Time Director).
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,462.16 Cr, a decline of 7.6% compared to the previous year. For the same year it recorded a net loss of ₹11.91 Cr (net margin -0.3%) and EBITDA of ₹46.57 Cr (EBITDA margin 1%). The net worth stands at ₹1,594.18 Cr (down 7.6% YoY). Total assets are valued at ₹1,857.55 Cr (down 8.5% YoY).
The company has about 2,674 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Morphy Richards India and Bajaj Electricals. As per MCA filings, the company has open charges of ₹3,080 Cr and satisfied charges of ₹3,205.87 Cr on record. Court records list 1,190 cases involving the company, including 880 filed by the company and 310 filed against it; 341 cases are pending. The company has 50 deals on record (46 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹162.4 Cr; the latest was in August 2026. The company has 203 MSME Form 1 returns on record between 2008 and 2024, listing 13,119 overdue payments to 996 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bajajelectricals.com.
Company details
CIN L31500MH1938PLC009887
Registration Number 009887
Incorporation Date 14 July 1938
ROC Mumbai
Listing Status Listed - Listed on NSE (BAJAJELEC); Listed on BSE (500031)
Company Status Active
Date of Last AGM 07 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Key People
Sanjay Sachdeva Managing Director Pooja Bajaj Whole-Time Director Shekhar Bajaj Whole-Time Director Recognitions & Rankings of Bajaj Electricals
India's Most Valuable Companies 2023 edition · Source: Hurun India
Rank#311- Valuation
- ₹11,918 Cr
2022 #265 2021 #269
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #124 Shekhar Bajaj & family ₹27,300 Cr
Contact details
Bajaj Electricals Limited's registered office is in Mumbai, Maharashtra. Its website is bajajelectricals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMulla House 2nd Floor, 51 Mahatma Gandhi Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Bajaj Electricals Limited, buy the company report.
Comprehensive company report
Bajaj Electricals Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Bajaj Electricals operates two associated brands: Morphy Richards India and Bajaj Electricals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home appliances and lighting products are manufactured in India. | morphyrichardsindia.com | |
| Household durables are manufactured and branded globally. | bajajelectricals.com |
Business activity
The main business activity of Bajaj Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Bajaj Electricals Limited, buy the company report.
Financials of Bajaj Electricals Limited
FY 2025-26 filings availableBajaj Electricals Limited reported revenue of ₹4,462.16 Cr (down 7.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹4,462 Cr
-7.6% YoY
EBITDA
₹46.57 Cr
-84.4% YoY
Profit After Tax
−₹11.91 Cr
-112.0% YoY
Net Worth
₹1,594 Cr
-7.6% YoY
Total Assets
₹1,858 Cr
-8.5% YoY
Total Debt
₹159 Cr
-34.7% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,462 | 4,828 | 4,641 | 4,889 | 4,813 | 4,585 | 4,987 |
| Revenue growth | -7.6% | +4.0% | -5.1% | +1.6% | +5.0% | -8.1% | - |
| EBITDA | 46.57 | 299 | 255 | 375 | 237 | 303 | 205 |
| EBITDA margin | +1.0% | +6.2% | +5.5% | +7.7% | +4.9% | +6.6% | +4.1% |
| Profit before tax | (88.98) | 170 | 168 | 303 | 166 | 246 | 7.15 |
| Net profit | (11.91) | 99.40 | 129 | 212 | 130 | 154 | (8.88) |
| Net profit margin | -0.3% | +2.1% | +2.8% | +4.3% | +2.7% | +3.4% | -0.2% |
| EPS (₹) | (7.87) | 11.57 | 11.38 | 18.79 | 11.19 | 16.64 | (0.82) |
| Balance sheet | |||||||
| Total assets | 1,858 | 2,029 | 1,718 | 2,074 | 1,883 | 2,226 | 2,537 |
| Net worth | 1,594 | 1,725 | 1,441 | 1,907 | 1,732 | 1,578 | 1,348 |
| Total debt | 159 | 243 | 215 | 101 | 90.78 | 548 | 1,084 |
| Cash & bank | 258 | 121 | 275 | 370 | 143 | 61.62 | 105 |
| Net working capital | 64.91 | 637 | 467 | 928 | 502 | 928 | 1,269 |
| Cash flow | |||||||
| Cash from operations | 619 | 347 | 354 | 449 | 914 | 658 | 626 |
| Cash from investing | (380) | (195) | (449) | (88.02) | (69.76) | (110) | (40.74) |
| Cash from financing | (137) | (146) | (133) | (139) | (771) | (604) | (495) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,089 | 1,240 | 1,051 | 1,107 | 1,065 | 1,265 | 1,290 | 1,118 |
| Revenue growth (YoY) | +2.3% | -2.1% | -18.5% | -1.0% | -7.8% | - | - | - |
| Other income | 34.83 | 9.43 | 14.59 | 7.82 | 30.34 | 37.55 | 12.79 | 15.19 |
| EBITDA | 77.11 | (15.63) | (20.87) | 57.13 | 25.93 | 93.01 | 87.42 | 51.61 |
| EBITDA margin | +7.1% | -1.3% | -2.0% | +5.2% | +2.4% | +7.4% | +6.8% | +4.6% |
| Depreciation | 30.54 | 32.59 | 35.00 | 36.76 | 37.17 | 41.24 | 36.08 | 34.79 |
| Interest | 15.73 | 13.15 | 12.78 | 12.69 | 17.58 | 18.07 | 18.71 | 17.29 |
| Profit before tax | 65.67 | (51.94) | (54.06) | 15.50 | 1.52 | 71.25 | 45.42 | 14.72 |
| Tax | 17.29 | 15.59 | (19.96) | 5.64 | 0.61 | 12.20 | 12.06 | 1.82 |
| Net profit | 48.38 | (67.53) | (34.10) | 9.86 | 0.91 | 59.05 | 33.36 | 12.90 |
| EPS (₹) | 4.18 | (5.85) | (2.95) | 0.85 | 0.08 | 5.11 | 2.89 | 1.12 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,462 | 4,828 | 4,641 | 4,889 | 4,770 | 4,573 | 4,977 |
| Revenue growth | -7.6% | +4.0% | -5.1% | +2.5% | +4.3% | -8.1% | - |
| EBITDA | 60.16 | 299 | 256 | 375 | 214 | 302 | 207 |
| EBITDA margin | +1.4% | +6.2% | +5.5% | +7.7% | +4.5% | +6.6% | +4.2% |
| Profit before tax | (75.39) | 170 | 169 | 303 | 205 | 241 | 22.39 |
| Net profit | 1.46 | 99.40 | 130 | 212 | 160 | 158 | (0.13) |
| Net profit margin | +0.0% | +2.1% | +2.8% | +4.3% | +3.3% | +3.4% | 0.0% |
| EPS (₹) | (6.70) | 11.57 | 11.44 | 18.80 | 13.36 | 16.03 | (0.01) |
| Balance sheet | |||||||
| Total assets | 1,722 | 1,863 | 1,718 | 2,074 | 1,937 | 2,235 | 2,554 |
| Net worth | 1,459 | 1,559 | 1,441 | 1,908 | 1,785 | 1,605 | 1,379 |
| Total debt | 159 | 243 | 215 | 101 | 70.45 | 541 | 1,079 |
| Cash & bank | 258 | 121 | 275 | 370 | 141 | 61.55 | 105 |
| Net working capital | 64.91 | 637 | 467 | 928 | 495 | 935 | 1,283 |
| Cash flow | |||||||
| Cash from operations | 619 | 347 | 354 | 449 | 936 | 660 | 627 |
| Cash from investing | (380) | (195) | (449) | (88.02) | (331) | (110) | (46.22) |
| Cash from financing | (137) | (146) | (133) | (139) | (533) | (605) | (491) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,089 | 1,240 | 1,051 | 1,107 | 1,065 | 1,265 | 1,290 | 1,118 |
| Revenue growth (YoY) | +2.3% | -2.1% | -18.5% | -1.0% | -7.8% | - | - | - |
| Other income | 34.40 | 9.43 | 14.59 | 7.82 | 30.34 | 37.55 | 12.79 | 15.19 |
| Total expenses | 1,012 | 1,252 | 1,067 | 1,045 | 1,038 | 1,172 | 1,202 | 1,067 |
| EBITDA | 77.11 | (12.42) | (15.98) | 61.90 | 26.66 | 93.01 | 87.42 | 51.61 |
| EBITDA margin | +7.1% | -1.0% | -1.5% | +5.6% | +2.5% | +7.4% | +6.8% | +4.6% |
| Depreciation | 30.54 | 32.59 | 35.00 | 36.76 | 37.17 | 41.24 | 36.08 | 34.79 |
| Interest | 15.73 | 13.15 | 12.78 | 12.69 | 17.58 | 18.07 | 18.71 | 17.29 |
| Profit before tax | 65.24 | (48.73) | (49.17) | 20.27 | 2.25 | 71.25 | 45.42 | 14.72 |
| Tax | 17.29 | 15.59 | (19.96) | 5.64 | 0.61 | 12.20 | 12.06 | 1.82 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,089 | 1,240 | 1,051 | 1,107 | 1,065 | 1,265 | 1,290 | 1,118 |
| Revenue growth (YoY) | +2.3% | -2.1% | -18.5% | -1.0% | -7.8% | - | - | - |
| Other income | 34.83 | 9.43 | 14.59 | 7.82 | 30.34 | 37.55 | 12.79 | 15.19 |
| EBITDA | 77.11 | (15.63) | (20.87) | 57.13 | 25.93 | 93.01 | 87.42 | 51.61 |
| EBITDA margin | +7.1% | -1.3% | -2.0% | +5.2% | +2.4% | +7.4% | +6.8% | +4.6% |
| Depreciation | 30.54 | 32.59 | 35.00 | 36.76 | 37.17 | 41.24 | 36.08 | 34.79 |
| Interest | 15.73 | 13.15 | 12.78 | 12.69 | 17.58 | 18.07 | 18.71 | 17.29 |
| Profit before tax | 65.67 | (51.94) | (54.06) | 15.50 | 1.52 | 71.25 | 45.42 | 14.72 |
| Tax | 17.29 | 15.59 | (19.96) | 5.64 | 0.61 | 12.20 | 12.06 | 1.82 |
| Net profit | 48.38 | (67.53) | (34.10) | 9.86 | 0.91 | 59.05 | 33.36 | 12.90 |
| EPS (₹) | 4.18 | (5.85) | (2.95) | 0.85 | 0.08 | 5.11 | 2.89 | 1.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,462 | 4,828 | 4,641 | 4,889 | 4,813 | 4,585 | 4,987 |
| Revenue growth | -7.6% | +4.0% | -5.1% | +1.6% | +5.0% | -8.1% | - |
| Other income | 62.18 | 84.91 | 86.47 | 45.78 | 68.34 | 94.69 | 46.15 |
| Total expenses | 4,416 | 4,530 | 4,386 | 4,515 | 4,576 | 4,281 | 4,782 |
| Employee cost | 391 | 380 | 365 | 344 | 401 | 395 | 402 |
| EBITDA | 46.57 | 299 | 255 | 375 | 237 | 303 | 205 |
| EBITDA margin | +1.0% | +6.2% | +5.5% | +7.7% | +4.9% | +6.6% | +4.1% |
| Depreciation | 142 | 144 | 110 | 73.78 | 69.23 | 75.16 | 73.67 |
| Interest | 56.21 | 69.85 | 63.48 | 43.62 | 69.74 | 76.43 | 171 |
| Profit before tax | (88.98) | 170 | 168 | 303 | 166 | 246 | 7.15 |
| Tax | 1.88 | 36.25 | 37.22 | 86.95 | 41.88 | 57.31 | 17.44 |
| Net profit | (11.91) | 99.40 | 129 | 212 | 130 | 154 | (8.88) |
| Net profit margin | -0.3% | +2.1% | +2.8% | +4.3% | +2.7% | +3.4% | -0.2% |
| EPS (₹) | (7.87) | 11.57 | 11.38 | 18.79 | 11.19 | 16.64 | (0.82) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 23.08 | 23.07 | 23.04 | 23.02 | 22.97 | 22.91 | 22.75 |
| Reserves & surplus | 1,571 | 1,702 | 1,418 | 1,884 | 1,709 | 1,555 | 1,326 |
| Shareholders' funds (net worth) | 1,594 | 1,725 | 1,441 | 1,907 | 1,732 | 1,578 | 1,348 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | (26.34) | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 20.33 | 121 | 178 |
| Unsecured loans | 159 | 243 | 215 | 101 | 70.45 | 426 | 906 |
| Total debt | 159 | 243 | 215 | 101 | 90.78 | 548 | 1,084 |
| Total liabilities | 1,858 | 2,029 | 1,718 | 2,074 | 1,883 | 2,226 | 2,537 |
| Assets | |||||||
| Gross block | 1,434 | 1,362 | 1,240 | 1,056 | 1,031 | 780 | 678 |
| Net block | 908 | 950 | 916 | 770 | 754 | 531 | 469 |
| Capital work in progress | 2.31 | 12.55 | 63.46 | 41.90 | 43.67 | 17.84 | 10.96 |
| Investments | 402 | 233 | 34.98 | 46.79 | 4.90 | 4.71 | 12.88 |
| Inventories | 534 | 717 | 757 | 976 | 998 | 986 | 699 |
| Sundry debtors | 1,141 | 1,286 | 1,163 | 1,111 | 1,140 | 1,512 | 2,049 |
| Cash & bank balances | 258 | 121 | 275 | 370 | 143 | 61.62 | 105 |
| Loans & advances | 535 | 703 | 388 | 1,384 | 331 | 410 | 446 |
| Total current assets | 2,468 | 2,827 | 2,582 | 3,842 | 2,611 | 2,970 | 3,299 |
| Total current liabilities | 2,403 | 2,190 | 2,115 | 2,914 | 2,109 | 2,042 | 2,030 |
| Net working capital | 64.91 | 637 | 467 | 928 | 502 | 928 | 1,269 |
| Total assets | 1,858 | 2,029 | 1,718 | 2,074 | 1,883 | 2,226 | 2,537 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 120 | 114 | 342 | 119 | 45.64 | 102 | 11.21 |
| Net cash from operating activities | 619 | 347 | 354 | 449 | 914 | 658 | 626 |
| Net cash from investing activities | (380) | (195) | (449) | (88.02) | (69.76) | (110) | (40.74) |
| Net cash from financing activities | (137) | (146) | (133) | (139) | (771) | (604) | (495) |
| Net change in cash | 103 | 5.76 | (227) | 223 | 73.18 | (56.00) | 90.43 |
| Closing cash | 258 | 121 | 275 | 370 | 143 | 61.62 | 105 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -7.6% | +4.0% | -5.1% | +1.6% | +5.0% | -8.1% | - |
| EBITDA growth | -84.4% | +17.2% | -32.0% | +58.2% | -21.9% | +47.6% | - |
| PBT growth | - | +0.8% | -44.5% | +82.3% | -32.5% | +3344.3% | -97.0% |
| Net income growth | -112.0% | -22.9% | -39.1% | +62.7% | -15.3% | +1830.6% | - |
| Revenue CAGR (3Y) | -3.0% | +0.1% | +0.4% | -0.7% | -10.4% | -0.9% | +5.4% |
| EBITDA CAGR (3Y) | -50.1% | +8.0% | -5.6% | +22.2% | -11.1% | +14.7% | -5.4% |
| Profitability & leverage | |||||||
| Net income margin | -2.0% | +2.8% | +2.8% | +4.4% | +2.6% | +4.1% | -0.2% |
| Return on capital employed | +2.8% | +11.4% | +12.2% | +17.4% | +11.4% | +11.5% | +6.8% |
| Return on net worth | -0.7% | +6.3% | +7.8% | +11.9% | +7.5% | +10.4% | -0.9% |
| Debt / equity | 0.12 | 0.16 | 0.09 | 0.05 | 0.19 | 0.56 | 1.11 |
| Long-term debt / equity | 0.09 | 0.13 | 0.07 | 0.03 | 0.03 | 0.07 | 0.15 |
| Interest cover | -59.20 | 45.18 | 43.69 | 14.49 | 41.59 | 33.52 | 129.59 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.19 | 3.71 | 4.04 | 4.69 | 5.31 | 6.29 | 8.24 |
| Inventory turnover | 7.13 | 6.55 | 5.36 | 4.95 | 4.85 | 5.44 | 6.52 |
| Debtors turnover | 3.68 | 3.94 | 4.08 | 4.34 | 3.63 | 2.57 | 2.13 |
| EPS (₹) | (7.87) | 11.57 | 11.38 | 18.79 | 11.19 | 16.64 | (0.82) |
| Dividend per share (₹) | 3.00 | 3.00 | 3.00 | 4.00 | 3.00 | 0.00 | 0.00 |
| Book value per share (₹) | 138.16 | 149.57 | 125.11 | 165.74 | 150.74 | 137.78 | 118.51 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,089 | 1,240 | 1,051 | 1,107 | 1,065 | 1,265 | 1,290 | 1,118 |
| Revenue growth (YoY) | +2.3% | -2.1% | -18.5% | -1.0% | -7.8% | - | - | - |
| Other income | 34.40 | 9.43 | 14.59 | 7.82 | 30.34 | 37.55 | 12.79 | 15.19 |
| Total expenses | 1,012 | 1,252 | 1,067 | 1,045 | 1,038 | 1,172 | 1,202 | 1,067 |
| EBITDA | 77.11 | (12.42) | (15.98) | 61.90 | 26.66 | 93.01 | 87.42 | 51.61 |
| EBITDA margin | +7.1% | -1.0% | -1.5% | +5.6% | +2.5% | +7.4% | +6.8% | +4.6% |
| Depreciation | 30.54 | 32.59 | 35.00 | 36.76 | 37.17 | 41.24 | 36.08 | 34.79 |
| Interest | 15.73 | 13.15 | 12.78 | 12.69 | 17.58 | 18.07 | 18.71 | 17.29 |
| Profit before tax | 65.24 | (48.73) | (49.17) | 20.27 | 2.25 | 71.25 | 45.42 | 14.72 |
| Tax | 17.29 | 15.59 | (19.96) | 5.64 | 0.61 | 12.20 | 12.06 | 1.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,462 | 4,828 | 4,641 | 4,889 | 4,770 | 4,573 | 4,977 |
| Revenue growth | -7.6% | +4.0% | -5.1% | +2.5% | +4.3% | -8.1% | - |
| Other income | 62.18 | 84.91 | 86.47 | 45.94 | 101 | 84.45 | 52.63 |
| Total expenses | 4,402 | 4,530 | 4,386 | 4,514 | 4,556 | 4,272 | 4,770 |
| Employee cost | 391 | 380 | 365 | 344 | 384 | 388 | 396 |
| EBITDA | 60.16 | 299 | 256 | 375 | 214 | 302 | 207 |
| EBITDA margin | +1.4% | +6.2% | +5.5% | +7.7% | +4.5% | +6.6% | +4.2% |
| Depreciation | 142 | 144 | 110 | 73.78 | 56.75 | 69.26 | 68.01 |
| Interest | 56.21 | 69.85 | 63.48 | 43.62 | 52.93 | 75.55 | 169 |
| Profit before tax | (75.39) | 170 | 169 | 303 | 205 | 241 | 22.39 |
| Tax | 1.88 | 36.25 | 37.22 | 86.95 | 51.98 | 57.53 | 22.52 |
| Net profit | 1.46 | 99.40 | 130 | 212 | 160 | 158 | (0.13) |
| Net profit margin | +0.0% | +2.1% | +2.8% | +4.3% | +3.3% | +3.4% | 0.0% |
| EPS (₹) | (6.70) | 11.57 | 11.44 | 18.80 | 13.36 | 16.03 | (0.01) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 23.08 | 23.07 | 23.04 | 23.02 | 22.97 | 22.91 | 22.75 |
| Reserves & surplus | 1,436 | 1,536 | 1,418 | 1,884 | 1,762 | 1,582 | 1,357 |
| Shareholders' funds (net worth) | 1,459 | 1,559 | 1,441 | 1,908 | 1,785 | 1,605 | 1,379 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 114 | 173 |
| Unsecured loans | 159 | 243 | 215 | 101 | 70.45 | 426 | 906 |
| Total debt | 159 | 243 | 215 | 101 | 70.45 | 541 | 1,079 |
| Total liabilities | 1,722 | 1,863 | 1,718 | 2,074 | 1,937 | 2,235 | 2,554 |
| Assets | |||||||
| Gross block | 1,434 | 1,362 | 1,242 | 1,058 | 675 | 695 | 603 |
| Net block | 908 | 950 | 916 | 770 | 422 | 461 | 404 |
| Capital work in progress | 2.31 | 12.55 | 63.46 | 41.90 | 43.57 | 17.84 | 10.93 |
| Investments | 267 | 67.03 | 34.98 | 47.29 | 109 | 37.85 | 52.86 |
| Inventories | 534 | 717 | 757 | 976 | 945 | 971 | 691 |
| Sundry debtors | 1,141 | 1,286 | 1,163 | 1,111 | 1,129 | 1,512 | 2,049 |
| Cash & bank balances | 258 | 121 | 275 | 370 | 141 | 61.55 | 105 |
| Loans & advances | 535 | 703 | 388 | 1,384 | 355 | 406 | 444 |
| Total current assets | 2,468 | 2,827 | 2,582 | 3,841 | 2,571 | 2,950 | 3,288 |
| Total current liabilities | 2,403 | 2,190 | 2,115 | 2,913 | 2,076 | 2,015 | 2,005 |
| Net working capital | 64.91 | 637 | 467 | 928 | 495 | 935 | 1,283 |
| Total assets | 1,722 | 1,863 | 1,718 | 2,074 | 1,937 | 2,235 | 2,554 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 120 | 114 | 342 | 119 | 45.63 | 102 | 11.20 |
| Net cash from operating activities | 619 | 347 | 354 | 449 | 936 | 660 | 627 |
| Net cash from investing activities | (380) | (195) | (449) | (88.02) | (331) | (110) | (46.22) |
| Net cash from financing activities | (137) | (146) | (133) | (139) | (533) | (605) | (491) |
| Net change in cash | 103 | 5.76 | (227) | 223 | 72.19 | (55.98) | 90.41 |
| Closing cash | 258 | 121 | 275 | 370 | 141 | 61.55 | 105 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -7.6% | +4.0% | -5.1% | +2.5% | +4.3% | -8.1% | - |
| EBITDA growth | -79.9% | +16.9% | -31.8% | +75.2% | -29.1% | +45.7% | - |
| PBT growth | - | +0.4% | -44.3% | +47.6% | -14.8% | +977.1% | -91.4% |
| Net income growth | -98.5% | -23.3% | -38.8% | +32.8% | +1.3% | - | - |
| Revenue CAGR (3Y) | -3.0% | +0.4% | +0.5% | -0.6% | -10.6% | -1.0% | +5.3% |
| EBITDA CAGR (3Y) | -45.7% | +11.8% | -5.4% | +21.9% | -15.0% | +13.9% | -5.2% |
| Profitability & leverage | |||||||
| Net income margin | -1.7% | +2.8% | +2.8% | +4.4% | +3.2% | +4.0% | 0.0% |
| Return on capital employed | +3.8% | +11.9% | +12.3% | +17.4% | +12.4% | +11.8% | +7.2% |
| Return on net worth | +0.1% | +6.6% | +7.9% | +11.9% | +9.1% | +10.6% | -0.0% |
| Debt / equity | 0.13 | 0.15 | 0.09 | 0.05 | 0.18 | 0.54 | 1.08 |
| Long-term debt / equity | 0.10 | 0.12 | 0.07 | 0.03 | 0.03 | 0.07 | 0.15 |
| Interest cover | -69.09 | 45.18 | 43.47 | 14.49 | 33.68 | 32.53 | 121.77 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.19 | 3.71 | 4.04 | 4.89 | 6.97 | 7.05 | 9.40 |
| Inventory turnover | 7.13 | 6.55 | 5.36 | 5.01 | 4.98 | 5.50 | 6.58 |
| Debtors turnover | 3.68 | 3.94 | 4.08 | 4.35 | 3.61 | 2.57 | 2.13 |
| EPS (₹) | (6.70) | 11.57 | 11.44 | 18.80 | 13.36 | 16.03 | (0.01) |
| Dividend per share (₹) | 3.00 | 3.00 | 3.00 | 4.00 | 3.00 | 0.00 | 0.00 |
| Book value per share (₹) | 126.45 | 135.15 | 125.11 | 165.76 | 155.35 | 140.10 | 121.24 |
To see the full year-wise statements and ratios of Bajaj Electricals Limited, buy the company report.
Board of directors of Bajaj Electricals Limited
Bajaj Electricals has 10 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Bajaj | Whole-Time Director | 01 Nov 2018 | 7 Years 11 Months | Current |
| Shekhar Bajaj | Whole-Time Director | 01 Nov 2009 | 16 Years 11 Months | Current |
| Shailesh Vishnubhai Haribhakti Also directs: TVS Motor Company Limited, Adani Power Limited, Protean Egov Technologies Limited and 5 more | Director | 07 Aug 2019 | 7 Years 2 Months | Current |
| Nirav Nayan Bajaj | Director | 12 May 2025 | 1 Years 5 Months | Current |
| Sanjay Sachdeva | Managing Director | 15 Apr 2025 | 1 Years 6 Months | Current |
| Saurabh Kumar | Director | 20 Mar 2024 | 2 Years 7 Months | Current |
Showing 6 of 10 current directors. View all directors
Auditor
Bajaj Electricals Limited is audited by SRBC & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 62.70%, foreign institutional investors hold 5.40%, domestic institutional investors hold 16.80% and retail and other public shareholders hold 15.10%.
Sep 2026
QUARTER
62.70% Promoters
16.80% DII (Domestic Institutional)
5.40% FII (Foreign Institutional)
15.10% Retail & Others
Promoter holding - history
Now 62.70% · Sep 2026High 62.70% · Dec 2025Low 62.70% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 62.70% | 62.70% | 62.70% | 62.70% |
| Public | 37.30% | 37.30% | 37.30% | 37.30% |
Charges & borrowings
Open charges
₹3,080 Cr
Satisfied charges
₹3,205.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2010 | 10240258 | Sbicap Trustee Company Limited | ₹3,080 Cr | Open | |
| 06 Jul 2023 | 100753764 | Others | ₹1.24 Cr | Satisfied | |
| 27 Apr 2018 | 100174061 | Standard Chartered Bank | ₹52 Cr | Satisfied | |
| 09 Jul 2015 | 10583978 | Others | ₹65 Cr | Satisfied | |
| 25 Mar 2014 | 10488986 | Axis Trustee Services Limited | ₹100 Cr | Satisfied |
To see the full charge records of Bajaj Electricals Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Bajaj Electricals Limited has 50 deals on record (46 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹162.4 Cr; the latest was in August 2026.
Total deals
50
Market trades
46
Funding rounds
2
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹162.4 Cr
Deals on record (5 of 50)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹30.98 Cr | Buyer: Microcurves Trading Private Limited Seller: Microcurves Trading Private Limited |
| Jun 2026 | Market trade | ₹179.98 Cr | Buyer: Kamalnayan Investments And Trading Private Limited, Rahul Securities Pvt Ltd, Rupa Equities Private Limited Seller: Jamnalal Sons Private Limited |
| Jan 2026 | Market trade | ₹34.38 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Sep 2025 | Market trade | ₹100.77 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Nov 2023 | Market trade | ₹47.15 Cr | Buyer: Niraj Holdings Pvt Ltd Seller: Rishab Family Trust |
To see the full deal history of Bajaj Electricals Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bajaj Electricals Limited has 1,190 court cases on record: 880 filed by Bajaj Electricals, 310 filed against it. 341 cases are pending and 849 are disposed.
Total cases
1,190
Filed by the company
880
Filed against the company
310
Pending
341
Disposed
849
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 835 | 185 | 281 |
| High courts | 334 | 117 | 55 |
| Supreme Court | 10 | 6 | 2 |
| NCLT | 8 | 2 | 1 |
| NCLAT | 3 | 0 | 2 |
Cases on record (5 of 1,190)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Appeal | Filed by the company against Amit Jain | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Sygnet Infra Pvt Ltd | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Mintage Steels Limited & Anr. | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Pune, Maharashtra | Court case (R.C.A.) | Filed against the company by Brahma Suncity Platinum Coop HSG Soc Ltd Through Its Chairman Deep Kumar Ramchandran | Pending |
To see the full case history of Bajaj Electricals Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Bajaj Electricals Limited was last rated by Icra on 14 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Mar 2022 |
To see the full credit ratings and regulatory alerts of Bajaj Electricals Limited, buy the company report.
MSME payment delays
Bajaj Electricals Limited has 203 MSME Form 1 returns on record between 2008 and 2024, listing 13,119 overdue payments to 996 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 996)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| K K G Industries | |||
| an individual supplier | |||
| Ascenwork Technologies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Bajaj Electricals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Bajaj Electricals has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Nirlep Appliances Private Limited | U27200MH1979PTC021470 | |
| Bajel Projects Limited | U31900MH2022PLC375133 |
To see the full group structure of Bajaj Electricals Limited, buy the company report.
Employees & EPFO
Bajaj Electricals Limited has a workforce of 2,674 employees on its EPFO records as of May 17, 2024, across 6 active EPFO establishments.
Employee count
2,674
Active EPFO establishments
6
Employee growth
3.6%
GST
Bajaj Electricals has 65 GST registrations: 57 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
65
Active
57
Cancelled / inactive
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB2484Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACB2484Q1CJ | Maharashtra | Active | 30 Oct 2020 |
| 27AAACB2484Q2Z7 | Maharashtra | Active | 08 Feb 2024 |
| 02AAACB2484Q1ZK | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bajaj Electricals Limited, buy the company report.
Recent activity
Bajaj Electricals Limited has 38 board changes on record since 1984: 24 appointments and 14 cessations. The latest: Pramod Agrawal was appointed as Additional Director on 09 Feb 2026.
Filing
Bajaj Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
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 2026.
Appointed
Pramod Agrawal was appointed as Additional Director.
Ceased
Rajivnayan Rahulkumar Bajaj ceased to be Director.
AGM
Bajaj Electricals Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records.
Appointed
Nirav Nayan Bajaj was appointed as Director.
Appointed
Sanjay Sachdeva was appointed as Managing Director.
Ceased
Madhur Bajaj ceased to be Director.
Charges
A charge registered on 12 Aug 2005 via Charge ID 90242754 with Others was fully satisfied on 21 Mar 2025.
Ceased
Anuj Vishnukumar Poddar ceased to be CEO.
Charges
A charge registered on 06 Jul 2023 via Charge ID 100753764 with Others was fully satisfied on 12 Apr 2024.
Ceased
Harsh Vardhan Goenka ceased to be Director.
93 earlier events are in the company report.
News
Bajaj Electricals: Co Wins Appeal, Cancels ₹29.63 Lakh GST Demand; ₹2.69 Lakh Penalty Also Waived
Frequently asked questions
Bajaj Electricals is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 14 July 1938 (88+ years old) and is registered under CIN L31500MH1938PLC009887. Listed on BSE: 500031 and NSE: BAJAJELEC.
Bajaj Electricals reported revenue of ₹4,462.16 Cr for FY 2025-26 (down 7.6% YoY) based on consolidated financials.
Bajaj Electricals has 10 current directors:
- Sanjay Sachdeva - Managing Director
- Pooja Bajaj - Whole-Time Director
- Shekhar Bajaj - Whole-Time Director
- Shailesh Vishnubhai Haribhakti - Director
- Nirav Nayan Bajaj - Director
- Saurabh Kumar - Director
- Vikram Taranath Hosangady - Director
- Swati Shivanand Salgaocar - Director
- Sudarshan Sampathkumar - Director
- Pramod Agrawal - Additional Director
The latest financial statements of Bajaj Electricals on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bajaj Electricals is 27AAACB2484Q1Z8, registered in Maharashtra. The company has 65 GST registrations in all, of which 57 are active and 8 are cancelled or inactive. Other active GSTINs include 27AAACB2484Q1CJ (Maharashtra), 27AAACB2484Q2Z7 (Maharashtra), 02AAACB2484Q1ZK (Himachal Pradesh).
The CIN (Corporate Identification Number) of Bajaj Electricals is L31500MH1938PLC009887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bajaj Electricals is a listed company as per MCA records. Its shares are listed on both BSE (code: 500031) and NSE (symbol: BAJAJELEC).
Bajaj Electricals has 1,190 court cases on record: 880 filed by the company and 310 filed against it. 341 are pending. Most are in the district courts.
Bajaj Electricals was incorporated on 14 July 1938, making it 88+ years old. It is registered with the Registrar of Companies, Mumbai.
Bajaj Electricals has 50 deals on record (46 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹162.4 Cr; the latest was in August 2026.
Pramod Agrawal was appointed as Additional Director on 09 Feb 2026. Rajivnayan Rahulkumar Bajaj ceased to be Director on 08 Aug 2025. Nirav Nayan Bajaj was appointed as Director on 12 May 2025. Bajaj Electricals has 38 board changes on record in total.