Bajaj Electricals

Premium And Energy-Efficient Expansion Will Unlock Future Opportunities

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

24 Feb 25

Updated

05 Dec 25

Views

24

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-38.0%

7D

0.7%

Loading

1Y

-38.0%

7D

0.7%

You can edit this narrative until Dec 6 1:10 AM. Then, changes will post as Updates.

Author's Valuation

₹588.1318.4% undervalued

AnalystConsensusTarget Fair Value

Shared on 05 Dec 25

Fair value Decreased 4.58%

500031: Future Portfolio Realignment Will Drive Upside Through Premium Brand Expansion

Analysts have trimmed their price target on Bajaj Electricals from ₹616 to ₹588, as they factor in slightly slower expected revenue growth, modestly lower profit margins, and a marginally higher discount rate, partly offset by a richer forecast future P/E multiple. What's in the News Bajaj Electricals has initiated a strategic review of its loss-making Nirlep cookware and pressure cooker portfolio, exploring options including discontinuation, sale, or hive off to sharpen focus on its core electricals business (company annual report / management commentary).

Shared on 20 Nov 25

Fair value Decreased 2.80%

500031: Future Brand Acquisition Will Drive Upside Despite Leadership Transition

Analysts have slightly lowered their price target for Bajaj Electricals from ₹634.06 to ₹616.33. This reflects minor adjustments to discount rate, revenue growth, and profit margin assumptions.

Shared on 06 Nov 25

Fair value Decreased 6.92%

500031: Future Brand Acquisitions Will Drive Significant Upside Potential

Narrative Update: Analyst Price Target for Bajaj Electricals Revised Analysts have lowered their fair value estimate for Bajaj Electricals from ₹681.19 to ₹634.06. This revision is based on updated assumptions regarding revenue momentum, modestly compressed margins, and a higher projected valuation multiple.

Shared on 06 Sep 25

Despite no change in the analyst price target for Bajaj Electricals, the sharp decline in its future P/E from 30.88x to 17.52x signals improved earnings expectations or a valuation reset, while the fair value remains steady at ₹681.19. What's in the News Bajaj Electricals launched the BAJAJ SECURA (TM) range of switchgear products, including MCBs, RCCBs, isolators, changeover switches, and distribution boards, enhancing safety and targeting both residential and commercial markets.

Shared on 01 May 25

Fair value Decreased 14%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 1.97%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 0.37%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 13 Mar 25

Fair value Increased 9.08%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

₹588.13

18.4% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

11.51%

Consumer Durables revenue growth rate

0.18%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

16.06%

Calculation

₹2.89b

Earnings '28

x

37.36x

PE Ratio '28

=

₹107.88b

Market Cap '28

₹107.88b

Market Cap '28

/

117.72m

No. shares '28

=

₹916.38

Share Price '28

₹916.38 Share Price '28

Discounted to 2025 @ 16.17% p.a.

=

₹584.54

Fair Value '25