| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,123 | 1,107 | +1.5% |
| EBITDA | 67.7 | 61.9 | +9.3% |
| EBITDA margin | 6.0% | 5.6% | +0.4 pts |
| Profit before tax | 35.3 | 20.3 | +73.9% |
| Net profit | 26.1 | 9.9 | +164.7% |
| EPS | ₹2.26 | ₹0.85 | +165.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 3,377 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 445 | 484 | 182 | 144 | 383 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | ||
| 2,933 | — | — | — | — | ||
| 4,503 | 4,462 | 4,828 | 4,641 | 5,429 | ||
| — | −7.6% | +4.0% | −14.5% | — | ||
| 198 | 138 | 307 | 260 | 358 | ||
| 4.4% | 3.1% | 6.4% | 5.6% | 6.6% | ||
| 69.6 | −3.8 | 163 | 150 | 276 | ||
| −27.2 | −90.9 | 133 | 131 | 216 | ||
| −0.6% | −2.0% | 2.8% | 2.8% | 4.0% | ||
| −₹2.35 | −₹7.87 | ₹11.56 | ₹11.36 | ₹18.73 | ||
| — | −168.1% | +1.8% | −39.4% | — | ||
| — | 619 | 347 | 354 | 450 | ||
| — | −86.8 | −54.0 | −131 | −84.3 | ||
| 532 | 532 | 293 | 223 | 365 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 3,377.2 | |
| - Cash, Equiv & ST Investments | 382.5 | 144.1 | 181.7 | 484.3 | 444.7 | |
| + Total Debt | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Enterprise Value | — | — | — | — | 2,932.5 | |
| Revenue | 5,429.3 | 4,641.3 | 4,828.4 | 4,462.2 | 4,503.1 | |
| Growth %, YoY | — | -14.5 | +4.0 | -7.6 | — | |
| EBITDA | 357.7 | 259.7 | 307.5 | 137.7 | 198.1 | |
| Margin % | 6.59 | 5.60 | 6.37 | 3.09 | 4.40 | |
| EBIT | 276.0 | 150.1 | 163.4 | -3.8 | 69.6 | |
| Net Income | 216.2 | 131.1 | 133.4 | -90.9 | -27.2 | |
| Margin % | 3.98 | 2.82 | 2.76 | -2.04 | -0.60 | |
| EPS, Adj (current shares) | 18.73 | 11.36 | 11.56 | -7.87 | -2.35 | |
| Growth %, YoY | — | -39.4 | +1.8 | -168.1 | — | |
| Cash from Operations | 449.6 | 353.8 | 346.8 | 619.3 | — | |
| Capital Expenditures | -84.3 | -131.2 | -54.0 | -86.8 | — | |
| Free Cash Flow | 365.3 | 222.6 | 292.9 | 532.5 | 532.5 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Bajaj Electricals (NSE: BAJAJELEC) had a market capitalisation of ₹3,275 crore at the 29 October 2026 close (₹283.80 a share) and a price-to-book ratio of 1.98. In FY26 its consolidated net loss was ₹90.9 crore on revenue of ₹4,462 crore; in Q2 FY27 (July–September 2026) it was ₹26.1 crore, up 164.7% year on year. It had no borrowings on 30 September 2026. Promoters held 62.68% of the shares on 30 September 2026.
Bajaj Electricals' PE ratio is not meaningful at the 29 October 2026 close: its consolidated net profit over the last four quarters (Q3 FY26 to Q2 FY27) was a loss of ₹27.2 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹3,275 crore at ₹283.80 a share.
Bajaj Electricals' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,657 crore on 30 September 2026, down 3.3% from ₹1,713 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,275 crore at the 29 October 2026 close.
Bajaj Electricals' book value per share was ₹143.56 on 30 September 2026: shareholders' equity of ₹1,657 crore divided by the 11.54 crore shares in issue, down 3.3% from ₹148.51 a year earlier. The share price at the 29 October 2026 close was ₹283.80.
Bajaj Electricals' price-to-book (PB) ratio is 1.98 at the 29 October 2026 close: a market capitalisation of ₹3,275 crore divided by shareholders' equity (book value) of ₹1,657 crore on 30 September 2026. That is a book value of ₹143.56 per share against a share price of ₹283.80.
In FY26, Bajaj Electricals' return on equity (ROE) was −5.5% and its return on capital employed (ROCE) was −0.2%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 8.4% and ROCE 9.0%.
Promoters held 62.68% of Bajaj Electricals on 30 September 2026, down 0.01 percentage points from 62.69% the previous quarter and down 0.02 percentage points from 62.70% a year earlier, according to the shareholding pattern filed with NSE.
Bajaj Electricals' market capitalisation was ₹3,275 crore at the 29 October 2026 close: 11.54 crore shares at ₹283.80 each.
Yes. Bajaj Electricals had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹445 crore of cash, bank balances and current investments.
Bajaj Electricals' basic earnings per share (EPS) were −₹7.88 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to −₹2.35.
Bajaj Electricals' debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹1,657 crore. A year earlier, on 30 September 2025, it was 0.00.
Bajaj Electricals' dividend yield is 1.06% at the 29 October 2026 close: dividends of ₹3 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹283.80. They were ₹3 on 17 July 2026.
In FY26, Bajaj Electricals generated ₹619 crore of cash from operations and spent ₹86.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹532 crore. In FY25 it was ₹293 crore.
In 2026, Bajaj Electricals has declared one dividend: ₹3 with record date 17 July 2026.
Bajaj Electricals' latest results are for Q2 FY27 (July–September 2026): consolidated net profit ₹26.1 crore, up 164.7% from ₹9.9 crore in Q2 FY26; revenue from operations ₹1,123 crore, up 1.5% year on year.
In FY26 (April 2025–March 2026), Bajaj Electricals' consolidated net loss was ₹90.9 crore, against a profit of ₹133 crore in FY25, on revenue from operations of ₹4,462 crore (down 7.6%).
On 30 September 2026, Bajaj Electricals' shares were held by promoters 62.68%, foreign portfolio investors (FII/FPI) 5.36%, domestic institutions (DII) 15.97% (including mutual funds at 15.97%) and retail and other non-institutional investors 15.99%. Over the year, FII holding was down 2.39 percentage points from 7.75% and DII holding was up 0.09 percentage points from 15.88%.
Bajaj Electricals has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, Bajaj Electricals earned net profit of ₹90.9 crore on revenue of ₹4,462 crore, against ₹1,691 crore on ₹22,528 crore for Havells India. Bajaj Electricals' operating margin was −0.1% (Havells India 7.9%) and its return on equity −5.5% (Havells India 19.0%). At the 29 October 2026 close, Bajaj Electricals' market capitalisation was ₹3,275 crore against ₹64,005 crore for Havells India.
On FY26 consolidated figures, against Havells India, Crompton Greaves Consumer Electricals and BlueStone Jewellery and Lifestyle: Bajaj Electricals' operating margin of −0.1% is the lowest of the four (Havells India 7.9%, Crompton Greaves Consumer Electricals 8.1%, BlueStone Jewellery and Lifestyle 7.4%; peer average 7.8%); its return on equity of −5.5% is the third highest of the four (Havells India 19.0%, Crompton Greaves Consumer Electricals −7.6%, BlueStone Jewellery and Lifestyle 0.8%; peer average 4.1%).
From Bajaj Electricals' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.