Bajaj Electricals Limited — Investor Meet, 16-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Bajaj Electricals has announced a board meeting to consider the financial results for the quarter and half-year. Q4 revenue rose 6.5% YoY to Rs. 1,265 Cr, with PBT up 191% to Rs. 71 Cr. Consumer Products led growth with 8.4% revenue increase and improved EBIT margin at 3.9%, driven by premiumization. Lighting Solutions was flat, weighed down by delayed orders, though general trade showed strong growth. Order book stands at Rs. 248 Cr, with execution recovering soon.

New MD & CEO Sanjay Sachdeva emphasized multi-brand strategy, distribution expansion, R&D, and digital focus, increasing brand spends to 3.5-4% of sales. Healthy balance sheet with Rs. 509 Cr surplus funds and Rs. 87 Cr operating cash flow. Export growth includes a UAE subsidiary; new manufacturing facility under evaluation. Management is cautiously optimistic on volume, margins via VAVE, price hikes, and category penetration, aiming for double-digit EBIT in Consumer Products within three years with Rs. 100 Cr annual CAPEX plus Rs. 300 Cr expansion plans. Nex premium brand gains steady traction, backed by Bajaj brand.