Bajaj Electricals Ltd

The Board of Bajaj Electricals at its meeting held on 12 May 2025 has approved the appointment of Nirav Bajaj (DIN: 08472468) as an Additional Director in the category of Non-Executive Director of the Company, with immediate effect, i.e. 12 May 2025.Powered by Capital Market - Live

Net profit of Bajaj Electricals rose 101.47% to Rs 59.05 crore in the quarter ended March 2025 as against Rs 29.31 crore during the previous quarter ended March 2024. Sales rose 6.92% to Rs 1262.73 crore in the quarter ended March 2025 as against Rs 1180.98 crore during the previous quarter ended March 2024. For the full year,net profit rose 1.79% to Rs 133.42 crore in the year ended March 2025 as against Rs 131.08 crore during the previous year ended March 2024. Sales rose 4.19% to Rs 4815.91 crore in the year ended March 2025 as against Rs 4622.35 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1262.731180.98 7 4815.914622.35 4 OPM %7.374.21 -6.385.62 - PBDT91.1254.64 67 292.38282.68 3 PBT49.8824.45 104 148.31173.10 -14 NP59.0529.31 101 133.42131.08 2 Powered by Capital Market - Live

Total revenue from operations increased by 6.51% year-over-year (YoY) to Rs 1,265.47 crore during the period under review. Total expenses rose by 3.85% to Rs 137.11 crore in Q4 FY25 as compared with Q4 FY24. This was primarily on account of higher raw material costs (up 15.9% YoY), higher purchases of traded goods (up 6.9% YoY) and higher employee expenses (up 14.6% YoY). The company reported a net exceptional item of Rs 21.37 crore in the fourth quarter. In March 2025 quarter, the company liquidated few immovable properties. It has recorded a profit of Rs 30.13 crore on these transactions. Further, the company incurred an expense of Rs 8.76 crore, which pertained to the voluntary retirement scheme for its Nashik factory. Accordingly, profit before tax in Q4 FY25 stood at Rs 71.25 crore, which is nearly three times the pre-tax profit of Rs 24.45 crore registered in Q4 FY24. Tax outgo for the March 2025 quarter was Rs 12.20 crore. The company had written back taxes amounting to Rs 4.86 crore in the March 2024 quarter. For FY25, the durable appliances maker has recorded a consolidated net profit of Rs 133.42 crore (down 1.8% YoY) and total revenue of Rs 4,828.43 crore (up 4% YoY). Bajaj Electricals is a consumer appliances and lighting solutions company. Its business portfolio spans consumer products (appliances, fans, cookware) and lighting solutions (consumer and professional lighting). Powered by Capital Market - Live

Bajaj Electricals announced that the 86th Annual General Meeting(AGM) of the company will be held on 7 August 2025.Powered by Capital Market - Live

Bajaj Electricals announced that the Board of Directors of the Company at its meeting held on 12 May 2025, has recommended a Final Dividend of Rs.3 per share (i.e.150%), subject to the approval of the shareholders.Powered by Capital Market - Live

The Board of Bajaj Electricals at its meeting held on 12 May 2025 has approved a proposal to obtain an enabling approval of shareholders, at their forthcoming 86th AGM, to borrow funds from time to time (if required) by way of issuance of unsecured non-convertible debentures and/or commercial papers, upto an amount not exceeding Rs. 500 crore to the eligible investors on a private placement basis, in one or more tranches, considering the prevailing money market conditions at the time of borrowing. Further, subject to the approval of the shareholders at the forthcoming 86th AGM, the Board, at its meeting, has approved a proposal to increase the borrowing limits under Section 180(1 )(c) of the Act from the existing limit of Rs.1,500 crore to Rs.3,000 crore, as well as to provide security under Section 180(1 )(a) of the Act in connection with such increased borrowings. Powered by Capital Market - Live

Bajaj Electricals has granted 45,826 Stock Options under the PSOP Plan 2023 on 12 May 2025. Powered by Capital Market - Live

Bajaj Electricals will hold a meeting of the Board of Directors of the Company on 12 May 2025.Powered by Capital Market - Live

The board of Bajaj Electricals will meet on 12 May 2025 to consider a proposal for raising of funds by way of issuance of securities on a private placement basis. Powered by Capital Market - Live

The collaboration marks a significant step toward delivering intelligent, energy-efficient lighting systems using SEAK's proprietary power line control technology. Under the terms of the three-year agreement, SEAK will provide lighting control electronics and software, which Bajaj Electricals will resale, and deploy across supply, installation, testing, and commissioning (SITC) of tunnel projects across India. The company also holds exclusive rights to the Indian market, with potential for expanding the partnership internationally on a project-by-project basis. No upfront payment was involved in the deal; instead, the agreement is governed by mutually agreed commercial arrangements such as pricing, volume discounts, and delivery terms. The partnership is not classified as a related-party transaction, and the promoter group of Bajaj Electricals holds no interest in SEAK. SEAK, which posted operating income of EUR 7.29 million in the year ended December 2023, brings to the table cutting-edge lighting control technology. Bajaj Electricals, with a turnover of Rs 4,641 crore in FY24, aims to leverage this partnership to meet the rising demand for smart, energy-efficient tunnel lighting solutions across India. Bajaj Electricals is a consumer appliances and lighting solutions company. Its business portfolio spans consumer products (appliances, fans, cookware) and lighting solutions (consumer and professional lighting). On a consolidated basis, net profit of Bajaj Electricals declined 10.71% to Rs 33.36 crore while net sales rose 4.92% to Rs 1286.31 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live