pocketful logo
Bajaj Electricals Ltd logo

Bajaj Electricals Ltd

NSE: BAJAJELEC BSE: 500031

404.15

(-2.51)%

Mon, 02 Feb 2026, 03:17 am

Analysis

dividend

thumbs up icon

Pros

  • Dividends per share have increased over the past 10 years.
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
  • Bajaj Electricals's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
thumbs up icon

Cons

  • Dividends paid are not well covered by earnings (0.5x coverage).
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Bajaj Electricals's dividend is below the markets top 25% of dividend payers in India (3.08%).

future

thumbs up icon

Pros

  • Bajaj Electricals's earnings are expected to grow significantly at over 20% yearly.
  • Bajaj Electricals's earnings growth is expected to exceed the India market average.
  • Bajaj Electricals's earnings growth is expected to exceed the low risk savings rate of 7.2%.
  • Bajaj Electricals's net income is expected to increase by more than 50% in 2 years time.
  • An improvement in Bajaj Electricals's performance (ROE) is expected over the next 3 years.
thumbs up icon

Cons

  • Cash flow for Bajaj Electricals is expected to increase but not above the 50% threshold in 2 years time.
  • Bajaj Electricals is expected to be loss making next year.
  • Bajaj Electricals is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
  • Performance (ROE) is not expected to exceed the current IN Consumer Durables industry average.
  • Bajaj Electricals's revenue is expected to decrease over the next 2 years.
  • Bajaj Electricals's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
  • Bajaj Electricals's revenues are expected to decrease over the next 1-3 years, this is below the India market average.

health

thumbs up icon

Pros

  • Bajaj Electricals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bajaj Electricals is profitable, therefore cash runway is not a concern.
  • Bajaj Electricals is profitable, therefore cash runway is not a concern.
  • Debt is covered by short term assets, assets are 1.8x debt.
  • Bajaj Electricals's cash and other short term assets cover its long term commitments.
thumbs up icon

Cons

  • Debt is not well covered by operating cash flow (8.1%, less than 20% of total debt).
  • The level of debt compared to net worth has increased over the past 5 years (69.9% vs 179.5% today).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.3x annual interest expense, ideally 3x coverage).
  • Bajaj Electricals's level of debt (179.5%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

thumbs up icon

Pros

  • The tenure for the Bajaj Electricals board of directors is about average.
  • Shekhar 's compensation has been consistent with company performance over the past year, both up more than 20%.
thumbs up icon

Cons

  • Shekhar 's remuneration is higher than average for companies of similar size in India.

misc

thumbs up icon

Pros

    thumbs up icon

    Cons

    • Bajaj Electricals is covered by less than 3 analysts.
    • Bajaj Electricals has significant price volatility in the past 3 months.

    past

    thumbs up icon

    Pros

    • Bajaj Electricals has delivered over 20% year on year earnings growth in the past 5 years.
    thumbs up icon

    Cons

    • Bajaj Electricals's 1-year earnings growth is negative, it can't be compared to the 5-year average.
    • Bajaj Electricals used its assets less efficiently than the IN Consumer Durables industry average last year based on Return on Assets.
    • Bajaj Electricals's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
    • Bajaj Electricals has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
    • Bajaj Electricals's 1-year earnings growth is negative, it can't be compared to the IN Consumer Durables industry average.

    value

    thumbs up icon

    Pros

    • BSE:500031 is up 7.4% along with the Consumer Durables industry (6.7%) over the past month.
    • BSE:500031 is up 7.4% along with the India market (8%) over the past month.
    thumbs up icon

    Cons

    • Bajaj Electricals's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • Bajaj Electricals's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • Bajaj Electricals is overvalued based on assets compared to the IN Consumer Durables industry average.
    • Bajaj Electricals is poor value based on expected growth next year.
    • Bajaj Electricals is overvalued based on earnings compared to the IN Consumer Durables industry average.
    • Bajaj Electricals is overvalued based on earnings compared to the India market.
    • 500031 underperformed the Consumer Durables industry which returned 5.6% over the past year.
    • 500031 underperformed the Market in India which returned -14.5% over the past year.

    Open Your Free Demat Account Now!

    Step into a world of zero fees and limitless opportunities!

    pocketful logo

    2022-25 Pocketful. All rights reserved, Built with in India

    Version -5.76

    app image 1app image 2

    Explore

    Calculatorsfooter arrow down icon
    Popular Calculatorsfooter arrow down icon
    Group Stocksfooter arrow down icon

    Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800