Bajaj Electricals Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 3 per equity share.
BAJAJELEC · price
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Bajaj Electricals reported a net loss of Rs. 7,726 lakhs for FY 2026, a significant decline from Rs. 13,342 lakhs profit in FY 2025. Revenue fell to Rs. 446,216 lakhs from Rs. 482,843 lakhs. The company faced multiple exceptional charges including Rs. 2,931 lakhs impairment on moulds and dies, Rs. 2,644 lakhs goodwill impairment, and Rs. 2,872 lakhs due to new labour codes, partially offset by Rs. 3,013 lakhs profit from property liquidation. The Board recommended maintaining dividend at Rs. 3 per share (150% on Rs. 2 face value) for the centenary year of Bajaj Group, subject to shareholder approval at the August 6, 2026 AGM. Ms. Ashween Anand has been appointed as CFO from May 16, 2026, replacing interim CFO Mr. Suketu Shah.
Despite reporting significant losses and lower revenue, the company is maintaining dividend payouts to reward shareholders during its centenary year. The multiple impairment charges signal asset quality concerns, though the consistent dividend signals management confidence. The stock may face pressure due to losses despite the shareholder-friendly dividend policy.