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  • Bajaj Electricals Ltd
B
Bajaj Electricals Ltd Consumer Durables
₹ 628.45 +6.55 (1.05%)
  • NSE
  • BSE

Overview

  • BSE Code 500031
  • NSE Symbol BAJAJELEC
  • ISIN Demat INE193E01025
  • Book Value (₹) 135.15
  • Face Value (₹) 2.00
  • Market Cap (₹ Cr.) 7,782.47
  • P/E (TTM) 68.99
  • EPS (TTM) 9.78
  • Div Yield (%) 0.44

Performance

Today’s Low 621.95
Today’s High 634.50

628.45
52W Low 490.00
52W High 1,038.00

628.45
Open 621.95
Prev. Close 621.90
Volume 40,390.00

Corporate Actions

Bajaj Electricals Limited - Updates
Apr 28, 2025

Bajaj Electricals Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended'.

About Bajaj Electricals Ltd

Bajaj Electricals Limited is a part of the Bajaj Group of companies and is a leading FMEG company. The company’s business is spread across consumer products such as appliances, fans, lighting, etc. It came into existence as as Radio Lamp Works Limited in 1938. The company’s name was changed to Bajaj Electricals Limited in 1960.  The company continued its growth horizon and made a strategic entry into a joint venture with Black & Decker Corporation, United States, for the manufacturing and marketing of power tools, household appliances, and related accessories through Black & Decker Bajaj Private Limited during 1993-1994. During 1999-2000, Black & Decker Bajaj became a wholly-owned subsidiary of the company, and Black & Decker Bajaj was renamed Bajaj Ventures Limited. In 2005, Bajaj Electricals made a strategic entry into into a distribution agreement with Trilux Lenze of Germany for high-end technical lighting. It gained complete control of a 32% stake in Starlite Lighting Limited, a manufacturer of Compact Fluorescent Lamps (CFLs), in 2007. The company elevated its inorganic growth and finished the acquisition of cookware brand Nirlep Appliances with a 79.85% stake in 2018. As a result, Nirlep has become a subsidiary of Bajaj Electricals.

Business Segments

  • Consumer Products:Under this segment, the organization is engaged in the manufacturing and sale of consumer products in various categories, such as Home Comfort, Home Essentials, Food Preparations, etc.
  • Nirlep:The company deals in kitchen appliances. It administers this business through its subsidiary, Nirlep. This segment offers a modern lifestyle and identifies the future needs of a kitchen.
  • Nex:Under this, the organization is engaged in the manufacturing of ceiling fans.
  • Lighting:The company offers professional and consumer lighting products through this segment.
  • Bajel Projects:Under this segment, the company offers power transmission and power distribution through Bajel Projects Limited (BPL).
  • Exports:The organization is engaged in B2B exports of Luminaires & EPC and B2C exports of consumer products.
Subsidiaries: As of March 31, 2023, the company had two subsidiaries, which are listed below:
  • Nirlep Appliances Private Limited:It is a wholly owned subsidiary which deals in kitchen products. Nirlep launched Non-Stick technology in India.
  • Bajel Projects Limited:This wholly-owned subsidiary of Bajaj Electricals is engaged in the power transmission enterprise.

Key Personnel

Anuj Poddar, Managing Director and CEO Anuj Poddar is the MD and CEO of Bajaj Electricals Limited. He is responsible for managing all the businesses and operations of the company. Before joining Bajaj Electricals, he was at senior position at Viacom18 Media Private Limited. He was re-appointed to this position in August 2022.

Corporate Action

In 2007, the company announced a bonus issue of shares in the ratio of 1:1 on a record date of August 28, 2007. Management Outlook
  • The organization is optimistic about growth in the appliances enterprise, which will be supported by innovation, changing consumer preferences, and emerging market trends. In addition, the rise in modern apartment developments has increased the demand for higher-end appliances.
  • As a result of the urbanisation and infrastructure development in Tier II and Tier III cities, along with the electrification of rural areas, the demand for lighting products has increased and is likely to witness continuous growth.
Founded: 1938
Address: 45-47 Veer Nariman Road, Fort, Mumbai, Maharashtra, 400001,