Bajaj Electricals Monthly Outlook (March 2026) | Price, Target Price & Growth

Bajaj Electricals

BSE:500031

Rp 360,85

Rp0,00 (0,00%)

360,85 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Bajaj Electricals Stock Value

Currently, analysts rate BSE:500031 as Hold.

Hold

Bajaj Electricals Company Info

EPS Growth 5Y

299,14%

Market Cap

Rp41,64 B

Long-Term Debt

Rp0,12 B

Annual earnings

05/11/2026 (E)

Dividend

Rp3,00

Dividend Yield

0,83%

Founded

1938

Industry

Consumer Discretionary

Country

India

Website

Bajaj Electricals

ISIN Number

INE193E01025

Website

http://www.bajajelectricals.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp449,00

24.43%

Last Update: 03/26/2026

Analysts: 15

Highest Price Target Rp722,00

Average Price Target Rp449,00

Lowest Price Target Rp359,00

In the last five quarters, Bajaj Electricals’s Price Target has fallen from Rp1.843,27 to Rp806,06 - a -56,27% decrease. Seven analysts predict that Bajaj Electricals’s share price will increase in the coming year, reaching Rp449,00. This would represent an increase of 24,43%.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Bajaj Electricals do?

Bajaj Electricals Limited engages in the consumer durables, and engineering, procurement, and construction businesses. Business Segments The company operates through multiple business segments, each focusing on specific areas of the electrical equipment market. The primary segments include: Lighting This segment is instrumental in producing a variety of lighting solutions for industrial and consumer markets. The company offers energy-efficient options that comply with environmental standards...

Bajaj Electricals Limited engages in the consumer durables, and engineering, procurement, and construction businesses.

Business Segments

The company operates through multiple business segments, each focusing on specific areas of the electrical equipment market. The primary segments include:

Lighting

This segment is instrumental in producing a variety of lighting solutions for industrial and consumer markets. The company offers energy-efficient options that comply with environmental standards and fulfill the modern consumer's expectations. The focus on innovation has led to the launch of advanced LED lighting systems that reduce energy consumption while providing light quality.

Consumer Products

This segment encompasses a range of household appliances such as water heaters, induction cookers, and kitchen appliances. The company is committed to enhancing user convenience through innovative designs and functionalities, ensuring that its products meet the dynamic demands of today's households.

Fans

This segment, the company manufactures and sells a range of ceiling and decorative fans designed for both functionality and aesthetic appeal.

Wiring

This segment, the company specializes in providing solutions for electrical wiring needs. This includes the manufacture of various types of wires and cables designed for safety, durability, and efficient performance, catering to both residential and commercial clients.

Infrastructure

This segment focuses on providing solutions in power transmission, distribution, and installation. It plays a crucial role in large-scale infrastructure projects, ensuring that the company remains integral to national development initiatives.

Business Strategy

The company’s business strategy is centered on sustainable growth through innovation and expanding market reach. The company places a significant emphasis on research and development to innovate products that meet evolving consumer needs. By leveraging state-of-the-art technology, the company aims to enhance product performance.

Lastly, the company focuses on expanding its geographical reach by penetrating new markets and strengthening distribution channels. The company seeks to enhance brand visibility and accessibility to attract a wider customer base, both in domestic and international markets.

Products and Services

The company offers a wide array of products and services designed to meet consumer and industrial needs. The product range includes:

Lighting Solutions: This includes LED bulbs, tubes, street lighting, and decorative lighting solutions tailored for various settings from residential to commercial applications.

Home Appliances: The product lineup covers a variety of kitchen and home appliances, including mixers, geysers, electric kettles, and personal care products like hair dryers and trimmers.

Ceiling and Table Fans: With various models available, the fans are designed for both functionality and seasonal aesthetics, appealing to various consumer preferences.

Electrical Components: The company manufactures insulated wiring and cables, circuit breakers, and other essential electrical components that are crucial for both residential and industrial applications.

Project Solutions: The company provides comprehensive solutions for electrical projects, including designing and executing large-scale installations in residential, commercial, and industrial infrastructures.

Geographical Markets Served

The company serves a diverse geographical market, primarily focusing on regions within India while also exploring opportunities for expansion into international markets. The company’s presence across various states in India ensures that it captures a broad customer base through a robust network of distributors and retailers.

Seasonality

The company experiences a degree of seasonality in its business operations. Specific segments, like cooling appliances (fans and air conditioners), tend to see increased demand during the summer months, whereas heating products may see a spike during winter.

Customers

The company serves a customer base, ranging from individual consumers to large-scale industrial clients. The customer categories include residential, commercial, and government sectors.

Sales and Marketing

The company employs a multifaceted approach to sales and marketing. This includes direct sales through company-owned stores and an extensive network of authorized dealers and distributors. Additionally, the company utilizes online platforms for e-commerce, catering to the increasing trend of digital shopping.

Marketing efforts focus on building brand awareness through advertising, promotions, and participation in trade fairs and exhibitions. Targeted marketing campaigns are designed to engage customers through various media channels, ensuring that the company’s offerings are effectively communicated to potential consumers.

History

The company was founded in 1938. The company was incorporated in 1938.The company was formerly known as Radio Lamp Works Limited and changed its name to Bajaj Electricals Limited in 1960.

Bajaj Electricals Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Consumer goods: approx. 55% - Lighting: approx. 25% - Engineering & Projects: approx. 20% **TOP 3 markets and their percentage shares:** - India: approx. 70% - Middle East: approx. 15% - Africa: approx. 10% Bajaj Electricals Limited generates the majority...

At which locations are the company’s products manufactured?

**Production Sites:** India Bajaj Electricals Limited mainly produces its products in India. The company has several production facilities in the country, strategically located to efficiently serve both domestic demand and export requirements. India offers Bajaj Electricals a significant advantage...

What strategy does Bajaj Electricals pursue for future growth?

**Revenue Growth:** 10% (estimated for 2026 based on historical trends) **Investment in Research and Development:** 5% of revenue (estimated) Bajaj Electricals Limited pursues a growth strategy based on several pillars. Firstly, the company is increasingly focusing on innovation through investment...

Which raw materials are imported and from which countries?

**Main raw materials:** Copper, aluminum, steel, plastics **Countries of origin:** China, Japan, South Korea, Germany Bajaj Electricals Limited imports a variety of raw materials necessary for the production of their products. These include especially copper and aluminum, which are widely used in...

How strong is the company’s competitive advantage?

**Market share:** 12% (2025, estimate) **EBITDA margin:** 8.5% (2025) **R&D expenses:** 3% of revenue (2025) Bajaj Electricals Limited has a moderate competitive advantage in the Indian market for electrical appliances and lighting. The company benefits from strong brand awareness and a wide di...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Estimated at about 30% (2026) **Insider Purchases/Sales:** No significant transactions reported in 2026 The institutional investor share in Bajaj Electricals Limited is estimated at about 30%. This figure indicates that a significant portion of the shares are held...

What percentage market share does Bajaj Electricals have?

**Market share of Bajaj Electricals Limited:** Estimated around 10% (2026) **Top competitors and their market shares:** 1. **Havells India Limited:** Estimated around 15% 2. **Crompton Greaves Consumer Electricals Limited:** Estimated around 12% 3. **Orient Electric Limited:** Estimated around 8% 4...

Is Bajaj Electricals stock currently a good investment?

**Revenue Growth:** 10% (2025) **EBITDA Margin:** 8.5% (2025) **Net Debt:** Reduced by 15% (2025) Bajaj Electricals Limited recorded a revenue growth of 10% in 2025, driven by strong demand in the consumer goods and lighting sectors. The EBITDA margin stands at 8.5%, indicating an efficient cost st...

Does Bajaj Electricals pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.5% (estimated for 2026) **Dividend History:** Regular payouts over the last 5 years Bajaj Electricals Limited has regularly distributed dividends to its shareholders in recent years. The estimated dividend yield is around 1.5% for the year 2026. The company has followed a s...

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Bajaj Electricals Stock Value

Bajaj Electricals Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Bajaj Electricals do?

Bajaj Electricals Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Bajaj Electricals Stock Value

Bajaj Electricals Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer discretionary sector (5Y.)

What does Bajaj Electricals do?

Bajaj Electricals Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.