Bajaj Electricals Limited
Bajaj Electricals Limited is a part of the Bajaj Group of companies and is a leading FMEG company spread across Consumer Products - Appliances, Fans, Lighting, Exports, and EPC - Illumination, Transmission Towers and Power Distribution. It also has its presence in premium home appliances and cookware segments with brands like Morphy Richards and Nirlep.
What Bajaj files
- Important68
- Others51
- Updates50
- Investor Meet26
- Board Meeting12
- QIP/Rights/Pref.6
Bajaj Electricals appointed Krishnan Sundaram as Chief Growth & New Business Officer. He will drive new business opportunities and scale ventures to accelerate company growth and strengthen its portfolio. This strategic hire aims to unlock future value.
Bajaj Electricals reported Q1 revenue of 1,089 Cr (+2.3% YoY) and PAT of 48 Cr. EBIT margin improved to 6.6%. Growth was driven by Consumer Lighting, Appliances, and Morphy Richards, with 884 Cr in Cash & Equivalents.
Bajaj Electricals granted 81,983 stock options to 7 employees and vested 75,358 options to 259 employees under its PSOP 2023. Employees can acquire shares at Rs. 2 each. This move aims to retain and incentivize talent.
Bajaj Electricals has announced its 87th Annual General Meeting will be held virtually. The Integrated Annual Report for FY25-26 is now available. All dividend payments will exclusively be electronic, discontinuing physical warrants/cheques.
Bajaj Electricals released its FY25-26 Business Responsibility & Sustainability Report, detailing robust ESG efforts. Highlights include 100% EPR compliance, recycling 19,906 MT e-waste & 1,733 MT plastic, and implementing Zero Liquid Discharge. Company reported 6 customer complaints, with 3 pending. Turnover: 4,462 Cr.