Bajaj Electricals Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
BAJAJELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.0 pts less than Nifty Microcap 250 and 7.8 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Bajaj Electricals reported a standalone net loss of Rs. 7,726 lakhs for FY26, a sharp reversal from a net profit of Rs. 13,342 lakhs in FY25. Total revenue declined to Rs. 446,216 lakhs from Rs. 482,843 lakhs (down ~7.6% YoY), driven by weakness in the Consumer Products segment which saw revenue fall from Rs. 380,589 lakhs to Rs. 334,265 lakhs, while Lighting Solutions grew to Rs. 111,951 lakhs. Exceptional items were significantly negative at Rs. 9,115 lakhs, including impairments of goodwill (Rs. 2,644 lakhs) and moulds/dies (Rs. 2,931 lakhs), labour code adjustment (Rs. 2,872 lakhs), partially offset by Rs. 3,013 lakhs profit on property liquidation. Excluding exceptional items, the company earned a profit before tax of Rs. 1,577 lakhs vs Rs. 14,831 lakhs. The Board proposed a final dividend of Rs. 3 per share and approved a proposal to raise up to Rs. 500 crore via securities. Ms. Ashween Anand was appointed CFO effective May 16, 2026, replacing interim CFO Mr. Suketu Shah. The auditor issued an unmodified opinion.
The company swung to a loss in FY26 due to large exceptional write-downs and revenue decline in its Consumer Products business. While operations remain EBITDA-positive before exceptional items, the impairments and labour cost provisions signal ongoing stress in legacy manufacturing. The clean audit opinion is a positive, but the revenue decline and negative PAT are concerns for shareholders.