Bajaj Electricals Limited engages in the consumer durables; and engineering, procurement, and construction businesses in India. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Bajaj Electricals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500031 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 500031's weekly volatility (7%) has been stable over the past year.
7 Day Return
IN Consumer Durables
1 Year Return
IN Consumer Durables
Return vs Industry: 500031 exceeded the Indian Consumer Durables industry which returned 49.6% over the past year.
Return vs Market: 500031 exceeded the Indian Market which returned 15.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bajaj Electricals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Bajaj Electricals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500031 (₹752.15) is trading above our estimate of fair value (₹43.32)
Significantly Below Fair Value: 500031 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500031 is poor value based on its PE Ratio (184.3x) compared to the IN Consumer Durables industry average (34.2x).
PE vs Market: 500031 is poor value based on its PE Ratio (184.3x) compared to the Indian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: 500031 is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: 500031 is overvalued based on its PB Ratio (6x) compared to the IN Consumer Durables industry average (1.4x).
How is Bajaj Electricals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500031's forecast earnings growth (66.5% per year) is above the savings rate (7%).
Earnings vs Market: 500031's earnings (66.5% per year) are forecast to grow faster than the Indian market (25.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500031's revenue (15.9% per year) is forecast to grow faster than the Indian market (12.2% per year).
High Growth Revenue: 500031's revenue (15.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500031's Return on Equity is forecast to be low in 3 years time (14.8%).
How has Bajaj Electricals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500031 has a large one-off gain of ₹287.2M impacting its September 30 2020 financial results.
Growing Profit Margin: 500031's current net profit margins (1%) are lower than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: 500031's earnings have declined by 16.6% per year over the past 5 years.
Accelerating Growth: 500031's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500031 had negative earnings growth (-31.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (-18.1%).
Return on Equity
High ROE: 500031's Return on Equity (3.2%) is considered low.
How is Bajaj Electricals's financial position?
Financial Position Analysis
Short Term Liabilities: 500031's short term assets (₹28.1B) exceed its short term liabilities (₹26.2B).
Long Term Liabilities: 500031's short term assets (₹28.1B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 500031's debt to equity ratio (70.6%) is considered high.
Reducing Debt: 500031's debt to equity ratio has increased from 51.8% to 70.6% over the past 5 years.
Debt Coverage: 500031's debt is well covered by operating cash flow (79.5%).
Interest Coverage: 500031's interest payments on its debt are not well covered by EBIT (1.3x coverage).
What is Bajaj Electricals's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 500031's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 500031's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 500031's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 500031's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 500031 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500031's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shekhar Bajaj (72 yo)
Mr. Shekharkumar Ramkrishnaji Bajaj, also known as Shekhar, has been the Chief Executive of Bajaj Electricals Limited since 1980. Mr. Bajaj has been the Managing Director at Bajaj Electricals Limited since...
CEO Compensation Analysis
Compensation vs Market: Shekhar 's total compensation ($USD573.05K) is above average for companies of similar size in the Indian market ($USD403.29K).
Compensation vs Earnings: Shekhar 's compensation has been consistent with company performance over the past year.
|President & CFO||no data||₹11.05m||0.014% |
|Executive VP||1yr||₹14.81m||0.00022% |
|Executive Director||4.67yrs||₹29.27m||no data|
|President of Human Resources & Administration||no data||no data||0.022% |
|Executive Vice President of Branch Sales Support||no data||no data||no data|
|Country Head - Alternate Channel Sales (CP) and EVP - Alternate Channel Sales (CP)||no data||no data||no data|
|International Head & VP of Exports||no data||no data||no data|
|Executive Vice President of Customer Care||no data||no data||0% |
|Executive VP & International Head - Exports||no data||no data||0.013% |
|Country Head & Executive VP of Trade Sales (CP)||no data||no data||no data|
|Country Head & VP of Marketing (CP)||no data||no data||no data|
Experienced Management: 500031's management team is considered experienced (2.2 years average tenure).
|Executive Director||4.67yrs||₹29.27m||no data|
|Non-Executive Non-Independent Director||1.67yrs||₹271.58k||no data|
|Non-Executive Non-Independent Director||27yrs||₹543.17k||0.99% |
|Independent Non-Executive Director||36.33yrs||₹407.38k||no data|
|Additional Non-Executive Independent Director||1.42yrs||₹1.00m||no data|
|Independent Non-Executive Director||11.67yrs||₹1.56m||no data|
|Independent Non-Executive Director||14.5yrs||₹1.50m||no data|
|Non-Executive Non-Independent Director||2.17yrs||₹878.96k||1.74% |
|Independent Non-Executive Director||4.67yrs||₹1.99m||no data|
|Independent Non-Executive Director||2.17yrs||₹543.17k||no data|
Experienced Board: 500031's board of directors are considered experienced (4.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500031 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.7%.
Bajaj Electricals Limited's company bio, employee growth, exchange listings and data sources
- Name: Bajaj Electricals Limited
- Ticker: 500031
- Exchange: BSE
- Founded: 1938
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: ₹81.692b
- Shares outstanding: 114.42m
- Website: https://www.bajajelectricals.com
Number of Employees
- Bajaj Electricals Limited
- Rustomjee Aspire
- 6th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500031||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2001|
|BAJAJELEC||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2001|
Bajaj Electricals Limited engages in the consumer durables; and engineering, procurement, and construction businesses in India. It operates through Consumer Products; and Engineering & Projects and Others ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/19 12:12|
|End of Day Share Price||2021/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.