Bajaj Electricals Limited Logo

Bajaj Electricals Limited

BAJAJELEC.NS

(1.2)
Stock Price

1.011,15 INR

4.96% ROA

18.88% ROE

67.4x PER

Market Cap.

119.567.957.600,00 INR

15.03% DER

0.39% Yield

3.13% NPM

Bajaj Electricals Limited Stock Analysis

Bajaj Electricals Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Bajaj Electricals Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (5%), which means it has a small amount of debt compared to the ownership it holds

2 ROE

ROE in an average range (12.51%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (5.57%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

5 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-98.152) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

6 PBV

The stock's elevated P/BV ratio (6.56x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

Bajaj Electricals Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Bajaj Electricals Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Bajaj Electricals Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Bajaj Electricals Limited Revenue
Year Revenue Growth
2004 1.363.581.319
2005 1.962.683.502 30.52%
2006 3.387.637.591 42.06%
2007 5.027.499.857 32.62%
2008 17.688.920.000 71.58%
2009 22.271.536.000 20.58%
2010 27.394.290.000 18.7%
2011 30.941.874.000 11.47%
2012 33.855.844.000 8.61%
2013 40.285.707.000 15.96%
2014 42.567.353.000 5.36%
2015 45.889.244.000 7.24%
2016 42.418.385.000 -8.18%
2017 46.870.223.000 9.5%
2018 66.388.896.000 29.4%
2019 49.389.001.000 -34.42%
2020 45.468.968.000 -8.62%
2021 47.276.924.000 3.82%
2022 53.396.900.000 11.46%
2023 44.296.000.000 -20.55%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Bajaj Electricals Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Bajaj Electricals Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 372.725.497
2005 697.392.087 46.55%
2006 1.225.917.208 43.11%
2007 1.622.783.499 24.46%
2008 1.190.618.000 -36.3%
2009 1.371.726.000 13.2%
2010 0 0%
2011 542.292.000 100%
2012 55.178.000 -882.8%
2013 64.668.000 14.67%
2014 78.421.000 17.54%
2015 83.270.000 5.82%
2016 99.804.000 16.57%
2017 560.670.000 82.2%
2018 706.744.000 20.67%
2019 564.720.000 -25.15%
2020 436.547.000 -29.36%
2021 472.453.000 7.6%
2022 625.132.000 24.42%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Bajaj Electricals Limited EBITDA
Year EBITDA Growth
2004 1.023.689.392
2005 1.213.600.450 15.65%
2006 1.923.849.165 36.92%
2007 2.052.143.408 6.25%
2008 1.904.809.000 -7.73%
2009 2.480.392.000 23.21%
2010 2.673.006.000 7.21%
2011 2.515.619.000 -6.26%
2012 1.383.154.000 -81.88%
2013 968.100.000 -42.87%
2014 1.046.967.000 7.53%
2015 2.926.953.000 64.23%
2016 2.789.770.000 -4.92%
2017 3.840.646.000 27.36%
2018 4.267.981.000 10.01%
2019 2.567.682.000 -66.22%
2020 3.703.413.000 30.67%
2021 3.128.459.000 -18.38%
2022 4.335.400.000 27.84%
2023 3.443.600.000 -25.9%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Bajaj Electricals Limited Gross Profit
Year Gross Profit Growth
2004 1.363.581.319
2005 1.962.683.502 30.52%
2006 3.387.637.591 42.06%
2007 5.027.499.857 32.62%
2008 4.539.641.000 -10.75%
2009 5.747.960.000 21.02%
2010 6.447.210.000 10.85%
2011 7.332.629.000 12.08%
2012 6.966.164.000 -5.26%
2013 7.981.647.000 12.72%
2014 9.157.433.000 12.84%
2015 11.726.852.000 21.91%
2016 11.526.328.000 -1.74%
2017 12.300.092.000 6.29%
2018 14.285.476.000 13.9%
2019 12.517.994.000 -14.12%
2020 12.738.365.000 1.73%
2021 12.608.345.000 -1.03%
2022 15.736.300.000 19.88%
2023 13.000.400.000 -21.04%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Bajaj Electricals Limited Net Profit
Year Net Profit Growth
2004 556.881.452
2005 376.854.679 -47.77%
2006 472.210.612 20.19%
2007 201.216.978 -134.68%
2008 893.449.000 77.48%
2009 1.252.734.000 28.68%
2010 1.448.592.000 13.52%
2011 1.178.784.000 -22.89%
2012 512.083.000 -130.19%
2013 -53.086.000 1064.63%
2014 -139.503.000 61.95%
2015 954.516.000 114.62%
2016 1.021.685.000 6.57%
2017 836.349.000 -22.16%
2018 1.563.954.000 46.52%
2019 -92.804.000 1785.22%
2020 1.905.469.000 104.87%
2021 1.285.165.000 -48.27%
2022 2.161.900.000 40.55%
2023 1.091.200.000 -98.12%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Bajaj Electricals Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 3
2005 1 -200%
2006 4 66.67%
2007 8 62.5%
2008 10 20%
2009 13 23.08%
2010 15 7.14%
2011 12 -27.27%
2012 5 -120%
2013 -1 0%
2014 -1 100%
2015 11 110%
2016 10 0%
2017 8 -25%
2018 15 46.67%
2019 -1 0%
2020 17 100%
2021 12 -45.45%
2022 19 38.89%
2023 9 -100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Bajaj Electricals Limited Free Cashflow
Year Free Cashflow Growth
2004 -2.865.728.010
2005 -4.535.450.655 36.81%
2006 -4.960.171.282 8.56%
2007 64.310.846 7812.81%
2008 1.299.846.000 95.05%
2009 -98.758.000 1416.19%
2010 394.029.000 125.06%
2011 432.474.000 8.89%
2012 1.010.889.000 57.22%
2013 -569.771.000 277.42%
2014 248.955.000 328.87%
2015 2.542.071.000 90.21%
2016 3.803.562.000 33.17%
2017 -1.409.247.000 369.9%
2018 -6.777.644.000 79.21%
2019 5.954.375.000 213.83%
2020 1.488.593.750 -300%
2021 8.384.905.000 82.25%
2022 3.653.400.000 -129.51%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Bajaj Electricals Limited Operating Cashflow
Year Operating Cashflow Growth
2004 -2.849.397.150
2005 -4.508.209.829 36.8%
2006 -4.911.278.585 8.21%
2007 64.310.846 7736.78%
2008 1.447.329.000 95.56%
2009 48.053.000 -2911.94%
2010 1.025.101.000 95.31%
2011 901.220.000 -13.75%
2012 1.422.386.000 36.64%
2013 -64.948.000 2290.04%
2014 881.734.000 107.37%
2015 3.048.535.000 71.08%
2016 4.365.931.000 30.17%
2017 -1.028.703.000 524.41%
2018 -6.205.062.000 83.42%
2019 6.264.421.000 199.05%
2020 1.566.105.250 -300%
2021 9.141.382.000 82.87%
2022 4.496.400.000 -103.3%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Bajaj Electricals Limited Capital Expenditure
Year Capital Expenditure Growth
2004 16.330.860
2005 27.240.826 40.05%
2006 48.892.697 44.28%
2007 0 0%
2008 147.483.000 100%
2009 146.811.000 -0.46%
2010 631.072.000 76.74%
2011 468.746.000 -34.63%
2012 411.497.000 -13.91%
2013 504.823.000 18.49%
2014 632.779.000 20.22%
2015 506.464.000 -24.94%
2016 562.369.000 9.94%
2017 380.544.000 -47.78%
2018 572.582.000 33.54%
2019 310.046.000 -84.68%
2020 77.511.500 -300%
2021 756.477.000 89.75%
2022 843.000.000 10.26%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Bajaj Electricals Limited Equity
Year Equity Growth
2004 2.757.730.840
2005 4.950.469.185 44.29%
2006 10.010.373.284 50.55%
2007 10.633.857.207 5.86%
2008 2.450.135.000 -334.01%
2009 4.943.725.000 50.44%
2010 6.111.101.000 19.1%
2011 6.998.573.000 12.68%
2012 7.286.389.000 3.95%
2013 7.095.881.000 -2.68%
2014 6.869.841.000 -3.29%
2015 7.509.328.000 8.52%
2016 8.631.096.000 13%
2017 9.365.121.000 7.84%
2018 10.559.288.000 11.31%
2019 13.482.509.000 21.68%
2020 15.782.262.000 14.57%
2021 17.052.142.000 7.45%
2022 19.072.200.000 10.59%
2023 13.481.400.000 -41.47%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Bajaj Electricals Limited Assets
Year Assets Growth
2004 14.219.592.791
2005 22.191.913.794 35.92%
2006 35.420.676.883 37.35%
2007 38.457.648.134 7.9%
2008 10.408.960.000 -269.47%
2009 13.491.249.000 22.85%
2010 17.667.777.000 23.64%
2011 19.515.468.000 9.47%
2012 21.573.057.000 9.54%
2013 26.926.255.000 19.88%
2014 28.297.088.000 4.84%
2015 28.784.420.000 1.69%
2016 30.721.783.000 6.31%
2017 34.658.641.000 11.36%
2018 51.789.708.000 33.08%
2019 45.671.961.000 -13.39%
2020 42.677.210.000 -7.02%
2021 39.915.719.000 -6.92%
2022 46.771.600.000 14.66%
2023 37.874.000.000 -23.49%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Bajaj Electricals Limited Liabilities
Year Liabilities Growth
2004 11.461.861.951
2005 17.241.444.609 33.52%
2006 25.410.303.599 32.15%
2007 27.823.790.927 8.67%
2008 7.958.825.000 -249.6%
2009 8.547.524.000 6.89%
2010 11.556.676.000 26.04%
2011 12.516.895.000 7.67%
2012 14.286.668.000 12.39%
2013 19.830.374.000 27.96%
2014 21.427.247.000 7.45%
2015 21.275.092.000 -0.72%
2016 22.090.687.000 3.69%
2017 25.293.520.000 12.66%
2018 41.230.420.000 38.65%
2019 32.189.452.000 -28.09%
2020 26.894.948.000 -19.69%
2021 22.863.577.000 -17.63%
2022 27.699.400.000 17.46%
2023 24.392.600.000 -13.56%

Bajaj Electricals Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
447.57
Net Income per Share
15.41
Price to Earning Ratio
67.4x
Price To Sales Ratio
2.32x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
8.87
EV to Sales
2.35
EV Over EBITDA
29.44
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.01
FreeCashFlow Yield
0
Market Cap
119,57 Bil.
Enterprise Value
120,82 Bil.
Graham Number
201.53
Graham NetNet
-83.45

Income Statement Metrics

Net Income per Share
15.41
Income Quality
0
ROE
0.11
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.67
EBT Per Ebit
0.79
Ebit per Revenue
0.06
Effective Tax Rate
0.31

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.29
Operating Profit Margin
0.06
Pretax Profit Margin
0.05
Net Profit Margin
0.03

Dividends

Dividend Yield
0
Dividend Yield %
0.39
Payout Ratio
0
Dividend Per Share
4

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.13
Return on Tangible Assets
0.05
Days Sales Outstanding
76.75
Days Payables Outstanding
137.7
Days of Inventory on Hand
88.36
Receivables Turnover
4.76
Payables Turnover
2.65
Inventory Turnover
4.13
Capex per Share
0

Balance Sheet

Cash per Share
19,59
Book Value per Share
117,12
Tangible Book Value per Share
99.07
Shareholders Equity per Share
117.12
Interest Debt per Share
22.49
Debt to Equity
0.15
Debt to Assets
0.05
Net Debt to EBITDA
0.3
Current Ratio
1.14
Tangible Asset Value
11,40 Bil.
Net Current Asset Value
0,70 Bil.
Invested Capital
0.15
Working Capital
3,05 Bil.
Intangibles to Total Assets
0.05
Average Receivables
13,06 Bil.
Average Payables
14,71 Bil.
Average Inventory
9767250000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Bajaj Electricals Limited Dividends
Year Dividends Growth
2008 8
2009 10 20%
2010 2 -400%
2011 3 0%
2012 3 0%
2013 2 0%
2014 2 -100%
2015 2 0%
2016 3 50%
2017 3 0%
2018 4 33.33%
2019 4 0%
2022 3 0%
2023 8 62.5%

Bajaj Electricals Limited Profile

About Bajaj Electricals Limited

Bajaj Electricals Limited engages in the consumer durables; and engineering, procurement, and construction businesses in India. It operates through Consumer Products; Engineering & Projects; and Others segments. The company offers various appliances, including toasters, mixer-grinders, food processors, juicer mixer grinders, choppers and hand blenders, snack makers, wet grinders, oven toaster grill, microwave ovens, electric kettles, induction cookers, rice cookers, pressure cookers, gas stoves, non-electric kitchen appliances, irons, storage water heaters, pans and tavas, gas water heaters, instant water heaters, room heaters, air coolers, coffee makers, pop-up toasters, and electric cookers. It also provides various fans comprising ceiling, pedestal, table, wall, personal, and domestic exhaust fans, as well as air circulators. In addition, the company offers lighting products, including LED lamps, battens, panels, and electrical accessories. Further, it is involved in the design, engineering, supply, execution, and commissioning of power distribution and transmission projects, as well as illumination. Additionally, the company generates wind energy. It operates approximately 2,30,000 retail outlets. Bajaj Electricals Limited exports its products to Sri Lanka, Bangladesh, Singapore, Myanmar, Mauritius, Nigeria, Ethiopia, Uganda, Ghana, Tanzania, Madagascar, Kenya, Egypt, the United Arab Emirates, Oman, Bahrain, Iraq, Jordan, and other countries. The company was formerly known as Radio Lamp Works Limited and changed its name to Bajaj Electricals Limited in October 1960. The company was incorporated in 1938 and is headquartered in Mumbai, India.

CEO
Mr. Anuj Poddar
Employee
2.353
Address
Rustomjee Aspire
Mumbai, 400022

Bajaj Electricals Limited Executives & BODs

Bajaj Electricals Limited Executives & BODs
# Name Age
1 Mr. Atul Sharma
President of Human Resources & Administration
70
2 Mr. Ajay Suresh Nagle
Executive Vice President, Head of Legal, Company Secretary, Compliance Officer & Director
70
3 Mr. Rajesh Eknath Naik
Head of the Lighting Business
70
4 Mr. Ravindra Singh Negi
Chief Operating Officer of Consumer Products Business
70
5 Mr. Rakesh Moolchandani
Vice President & Head of Sales - Modern Trade Business
70
6 Mr. Anuj Poddar
MD, Chief Executive Officer & Executive Director
70
7 Mr. Ellatch C. Prasad
Chief Financial Officer
70
8 Beena Leji Koshy
Executive Vice President & International Head - Exports
70
9 Mr. Krishna Raman
Country Head & Executive Vice President of Trade Sales (CP)
70
10 Mr. Rishiraj Pradeep Haldankar
Vice President & Head of Internal Audit
70

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