Latest news with #BajajElectricals'
Business Upturn
08-08-2025
- Business
- Business Upturn
Bajaj Electricals shares decline 3% as Morgan Stanley reiterates ‘Underweight' rating with target price of Rs 481
Bajaj Electricals shares slipped over 3% in Friday's trade after Morgan Stanley reiterated its 'Underweight' rating on the stock with a target price of ₹481, citing weak first-quarter results for FY26 and continued operational headwinds. As of 9:55 AM, the shares were trading 2.90% lower at Rs 597.10. In its note, Morgan Stanley pointed to broad underperformance across both revenue and profitability metrics in Q1FY26. The company reported an 8% year-on-year drop in consolidated revenue. EBITDA declined sharply by 56%, while adjusted profit after tax (PAT) plummeted by 70% compared to the same period last year. Notably, the adjusted PAT was 78% below Morgan Stanley's estimates and 69% lower than the broader market consensus. This significant miss highlights the mounting pressure on Bajaj Electricals' operations, especially in its consumer segment. The consumer products division—traditionally a strong revenue driver—saw revenue fall by 11%, missing the brokerage's estimate of 7% growth. EBIT margins for the segment turned negative at -1.7%, a stark contrast to the expected positive margin of 3.6%. Meanwhile, the lighting solutions segment offered some relief, posting a 3% rise in revenue against an estimate of 12%. However, EBIT margin came in at 10.6%, slightly above the expected 9%, helping limit the downside. Additionally, the company disclosed an exceptional loss of ₹6.7 crore in the quarter, primarily due to an ex-gratia payout for employees at its Nashik manufacturing unit. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash
Economic Times
17-06-2025
- Business
- Economic Times
Analysts predict strong growth for Bajaj Electricals amid cost optimization and premium products
It has upgraded stock to 'neutral' from 'sell' following the fall in the price and improved profitability. The brokerage expects the company's Ebitda and PAT to grow annually by 20% and 26%, respectively between FY25-27. Synopsis Bajaj Electricals' stock surged after positive March 2025 results. The company anticipates double-digit operating margins, driven by premium products and cost control. A new UAE subsidiary aims to boost exports. Analysts project revenue growth. Profitability expansion faces challenges from increased advertising and EPR costs. While consumer product margins improved, lighting margins dipped. ET Intelligence Group: The stock of Bajaj Electricals rose 24% in a month after announcing its March 2025 quarter results, outperforming the 1% decline in the ET Consumer Durable index. The company expects double-digit operating margin (EBIT margin) in the next three years, driven by premiumisation of products and cost optimisation. It has also incorporated a subsidiary in the UAE to boost exports. Analysts have revised revenue CAGR to 11.5% for FY25-27 from 9% earlier. ADVERTISEMENT The company has given guidance of double-digit EBIT margin for the consumer durables segment over the next three years. For FY26, it expects the margin to improve to 6% from 3.2% in FY25. However, expanding profitability will be challenging given the company's plan to increase the share of advertising and promotional expenses in revenue to 3.5-4% from 3% in the previous year. Additionally, the provision made by the company to manage the end-of-life stage of products or the extended producer responsibility (EPR) is likely to double in FY26 from the previous year. These factors may affect the margin trajectory. "Management is targeting a 6% margin for consumer products, which we believe will be tall given higher A&P spends and EPR provisions," stated Yes Securities in a report. On a year-on-year basis, revenue from operations grew by 6.5% to ₹1,265.5 crore in the March 2025 quarter, driven by growth in consumer products. Net profit surged 101.5% to ₹59 crore, on the back of exceptional profit of ₹21.4 crore from liquidation of few immovable properties. EBIT margins for consumer products improved to 3.9% in the March 2025 quarter from 1.8% in the year-ago quarter. However, lighting solutions' margin contracted to 7.8% from 8.5%. According to the company management, lighting margin may improve as price erosion in some of the categories in consumer lighting is behind and prices have stabilised. The company's strategy to focus more on premiumising the product portfolio and launching more products could be time consuming, according to Yes Securities. "The company will have to navigate the challenges on the kitchen appliances side which is facing pressure from smaller regional players," the brokerage added. It has upgraded stock to 'neutral' from 'sell' following the fall in the price and improved profitability. The brokerage expects the company's Ebitda and PAT to grow annually by 20% and 26%, respectively between FY25-27. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Time of India
12-05-2025
- Business
- Time of India
Bajaj Electricals Q4 profit jumps two-fold to Rs 5,905 cr, revenue rises 6.5% at Rs 1,265.47 cr
New Delhi: Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated net profit to Rs 5,905 crore for the March quarter of FY25. The company had posted a net profit of Rs 29.31 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. Its revenue from operations rose 6.5 per cent to Rs 1,265.47 crore in the March quarter compared to Rs 1,188.08 crore in the year-ago period. Bajaj Electricals' total expenses in the March quarter rose to Rs 1,231.77 crore. Its revenue from Consumer Products (CP) rose 8.38 per cent to Rs 994.01 crore in the March quarter from Rs 917.08 crore in the corresponding quarter of FY24. Its Lighting Solutions marginally rose to Rs 271.46 crore in the March quarter. Bajaj Electricals reported a total income of Rs 1,281.65 crore in the March quarter, marking a 5.87 per cent increase year-on-year. For the financial year ended March 31, 2025, Bajaj Electricals' net profit declined 2 per cent to Rs 133.42 crore, from Rs 135.88 crore a year before. In FY25, Bajaj Electricals' total consolidated income rose 3.2 per cent to Rs 4,883.21 crore. Moreover, the board of the company in its meeting held on Monday approved a dividend of 150 per cent, which is Rs 3 per share of face value of Rs 2 each on equity shares for the financial year ended March 31, 2025. Shares of Bajaj Electricals Ltd were trading at Rs 618.20 per scrip on Monday, up 16.38 per cent, on the BSE.>
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Business Standard
12-05-2025
- Business
- Business Standard
Bajaj Electricals Q4 profit jumps two-fold to Rs 59 cr, revenue rises 6.5%
Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated net profit to Rs 59.05 crore for the March quarter of FY25. The company had posted a net profit of Rs 29.31 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. Its revenue from operations rose 6.5 per cent to Rs 1,265.47 crore in the March quarter compared to Rs 1,188.08 crore in the year-ago period. Bajaj Electricals' total expenses in the March quarter rose to Rs 1,231.77 crore. Its revenue from Consumer Products (CP) rose 8.38 per cent to Rs 994.01 crore in the March quarter from Rs 917.08 crore in the corresponding quarter of FY24. Its Lighting Solutions marginally rose to Rs 271.46 crore in the March quarter. Bajaj Electricals reported a total income of Rs 1,281.65 crore in the March quarter, marking a 5.87 per cent increase year-on-year. For the financial year ended March 31, 2025, Bajaj Electricals' net profit declined 2 per cent to Rs 133.42 crore, from Rs 135.88 crore a year before. In FY25, Bajaj Electricals' total consolidated income rose 3.2 per cent to Rs 4,883.21 crore. Moreover, the board of the company in its meeting held on Monday approved a dividend of 150 per cent, which is Rs 3 per share of face value of Rs 2 each on equity shares for the financial year ended March 31, 2025. Shares of Bajaj Electricals Ltd were trading at Rs 618.20 per scrip on Monday, up 16.38 per cent, on the BSE.
Economic Times
12-05-2025
- Business
- Economic Times
Bajaj Electricals Q4 Results: Profit jumps two-fold to Rs 5,905 cr, revenue rises 6.5%
Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated net profit to Rs 5,905 crore for the March quarter of FY25. The company had posted a net profit of Rs 29.31 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. ADVERTISEMENT Its revenue from operations rose 6.5 per cent to Rs 1,265.47 crore in the March quarter compared to Rs 1,188.08 crore in the year-ago period. Bajaj Electricals' total expenses in the March quarter rose to Rs 1,231.77 crore. Its revenue from Consumer Products (CP) rose 8.38 per cent to Rs 994.01 crore in the March quarter from Rs 917.08 crore in the corresponding quarter of FY24. Its Lighting Solutions marginally rose to Rs 271.46 crore in the March quarter. Bajaj Electricals reported a total income of Rs 1,281.65 crore in the March quarter, marking a 5.87 per cent increase year-on-year. For the financial year ended March 31, 2025, Bajaj Electricals' net profit declined 2 per cent to Rs 133.42 crore, from Rs 135.88 crore a year before. ADVERTISEMENT In FY25, Bajaj Electricals' total consolidated income rose 3.2 per cent to Rs 4,883.21 crore. Moreover, the board of the company in its meeting held on Monday approved a dividend of 150 per cent, which is Rs 3 per share of face value of Rs 2 each on equity shares for the financial year ended March 31, 2025. Shares of Bajaj Electricals Ltd were trading at Rs 618.20 per scrip on Monday, up 16.38 per cent, on the BSE. (You can now subscribe to our ETMarkets WhatsApp channel)
