Bajaj Electricals Ltd (BAJAJELEC) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Bajaj Electricals Ltd on NSE and BSE, with an AI summary of each filing.
Submission of the Transcript of the ''''''''Q2FY27 Earnings Call'''''''' of the Company
Transcript · 02 Nov 2026, 9:59 pm
Bajaj Electricals Q2FY27 Earnings Call Summary Bajaj Electricals posted modest revenue growth of 1.5% in Q2FY27, while PBT more than doubled YoY from INR15 crore to INR35 crore. EBIT margin expanded 140 bps YoY to 4.4% (5.9% adjusted for brand investments). Consumer Products grew 2.4%, supported by double-digit appliance growth and 56% YoY BLDC fan expansion, despite overall fan drag. Lighting Solutions slipped 1.3% due to weak professional lighting. Management aims to outpace industry growth and surpass peak EBITDA within 2–3 years, while Chairman Shekhar Bajaj transitions to Chairman Emeritus by Jan'27.
Please refer to the enclosed file.
Others (Uncategorized) · 31 Oct 2026, 6:15 pm
Bajaj Electricals Faces Rs 112.32 Crore Income Tax Demand for AY 2019-20 Bajaj Electricals received an assessment order dated 29th Oct'26 from the Income Tax Department under Section 147 for AY 2019-20, raising a tax demand of Rs 112.32 crore (including interest) due to expense disallowances. The company noted that the assessing officer omitted credits for taxes already paid and Section 244A interest. Management is evaluating legal remedies, including rectification or filing an appeal, and stated the order currently poses no impact on operations. Financial impact, if any, remains limited to the demand and potential penalties.
Please refer to the enclosed file.
Others (Uncategorized) · 29 Oct 2026, 6:54 pm
Bajaj Electricals Receives Adverse GST Appellate Orders Totaling ₹9.36 Crore Bajaj Electricals received two adverse appellate orders on 28th Oct'26 from the Commissioner (Appeals), Jaipur, upholding GST demand orders for FY'18-19. The orders reject the company's appeals concerning GST input mismatches, confirming gross demands of ₹2.83 crore (including ₹25.68 lakh penalty) and ₹6.53 crore (including ₹59.37 lakh penalty), totaling ₹9.36 crore. Management is evaluating legal remedies, including approaching the appellate tribunal or filing writ proceedings before the High Court. The company stated the financial impact is limited to the demands, with no operational disruption.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for HDFC Mutual Fund
Acquisition/ Disposal of Shares · 29 Oct 2026, 2:41 pm
HDFC Mutual Fund Trims Stake in Bajaj Electricals by 2.01% Schemes of HDFC Mutual Fund reduced their aggregate holding in Bajaj Electricals Ltd. by 2.01% via open market sales on 26th Oct'26. The transaction involved the disposal of 23,25,060 equity shares, bringing HDFC Mutual Fund's total holding down from 9.27% (1,06,94,318 shares) to 7.25% (83,69,258 shares) of the company's paid-up equity share capital. The total paid-up capital of Bajaj Electricals stands at Rs 23.08 crore, comprising 11,54,23,636 equity shares of face value Rs 2 each.
Please refer to the enclosed file.
Press Release · 29 Oct 2026, 3:30 am
Bajaj Electricals Announces Leadership Transition Towards Professionally Managed Board Governance Model Bajaj Electricals has approved a governance transition separating executive management and Board leadership. Shekhar Bajaj will step down as Executive Chairman on 31st Dec'26, transitioning to Non-Executive Director and Chairman Emeritus effective 1st Jan'27, subject to shareholder approval. Sudarshan Sampathkumar, currently an Independent Director, has been appointed Non-Executive Chairman effective 1st Jan'27. Sanjay Sachdeva continues as Managing Director and CEO overseeing business execution. The promoter family remains committed, with Shekhar Bajaj, Pooja Bajaj, and Nirav Bajaj continuing to serve on the Board.
Please refer to the enclosed file
Audio / Video · 29 Oct 2026, 3:02 am
Bajaj Electricals Releases Audio Recording for Q2FY27 Earnings Call Bajaj Electricals Limited has made available the audio recording of its Q2FY27 post-earnings quarterly conference call held on 28th Oct'26 at 4:30 PM IST. The earnings call was organized by ICICI Securities Limited. In compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, the complete audio recording has been uploaded and hosted on the company's official website for investors and market participants.
Please refer to the enclosed file.
Investor Presentation · 28 Oct 2026, 8:39 pm
Bajaj Electricals Q2 FY'27 Revenue Rises 1.5% YoY, EBIT Surges 51.2% Bajaj Electricals reported Q2 FY'27 revenue from operations of INR 1,123 Cr, up 1.5% YoY, driven by 2.4% YoY growth in Consumer Products (INR 853 Cr), while Lighting Solutions declined 1.3% YoY to INR 271 Cr. Gross margin reached 31.9% (INR 358 Cr). EBIT surged 51.2% YoY to INR 50 Cr, expanding margins by 140 bps YoY to 4.4%. PAT rose to INR 26 Cr against INR 10 Cr in Q2 FY'26. Cash and surplus investments stood at c.INR 845 Cr as of 30th Sep'26.
Please refer to the enclosed file.
Financial Result · 28 Oct 2026, 8:16 pm
Please refer to the enclosed file.
Change in Management · 28 Oct 2026, 8:10 pm
Bajaj Electricals Q2 FY27 Results and Key Leadership Transition Bajaj Electricals reported consolidated Q2 FY27 revenue of Rs 1,123.32 cr, up 1.5% YoY, with PAT surging 2.6x YoY to Rs 26.10 cr. Consumer Products revenue rose 2.4% YoY to Rs 852.72 cr with segment EBIT jumping to Rs 34.07 cr from Rs 7.44 cr, while Lighting Solutions revenue fell 1.3% YoY to Rs 270.60 cr. Separately, Shekhar Bajaj will transition from Executive Chairman to Chairman Emeritus effective 1st Jan'27. Sudarshan Sampathkumar has been appointed Non-Executive Independent Chairman, and MD & CEO Sanjay Sachdeva was reappointed for a five-year term from 1st Apr'27.
Bajaj Electricals Limited has submitted to the Exchange "Outcome of the Board Meeting of Bajaj Electricals Limited held today i.e. Wednesday, October 28, 2026"
Outcome · 28 Oct 2026, 8:04 pm
Please refer to the enclosed file
Outcome · 28 Oct 2026, 7:44 pm
Bajaj Electricals Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 1,12,332 (+1.5% YoY | +3.1% QoQ) ■ EBITDA: 6,687 (+8.0% YoY | -13.3% QoQ) ■ EBITDA Margin (%): 6.0 (+36 bps YoY | -113 bps QoQ) ■ PAT: 2,610 (+164.7% YoY | -46.0% QoQ) ■ EPS (INR): 2.25 (+164.7% YoY | -36.3% QoQ) Bajaj Electricals Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) Segmental Performance Consumer Products ■ Revenue: 85,272 (+2.4% YoY | +3.9% QoQ) ■ EBIT: 3,407 (+357.9% YoY | +5.2% QoQ) ■ EBIT Margin (%): 4.0 (+310 bps YoY | +5 bps QoQ) Lighting Solutions ■ Revenue: 27,060 (-1.3% YoY | +0.6% QoQ) ■ EBIT: 839 (-61.5% YoY | -53.2% QoQ) ■ EBIT Margin (%): 3.1 (-484 bps YoY | -357 bps QoQ)
Please refer to the enclosed file.
Others (Uncategorized) · 28 Oct 2026, 3:27 pm
Bajaj Electricals Approves Grant of 88,222 Performance Stock Options Bajaj Electricals' Nomination and Remuneration Committee approved the grant of 88,222 stock options under the Performance Stock Option Plan 2023 to seven eligible employees on 28th Oct'26. The grant translates to 88,222 fully paid-up equity shares of face value Rs. 2 each. The exercise price is set at the face value of Rs. 2 per share, with an exercise window of two years from the respective vesting dates.
Please refer to the enclosed file.
Intimation · 28 Oct 2026, 4:30 pm
Bajaj Electricals Issues Revised Access Link for Q2FY27 Earnings Conference Call Bajaj Electricals issued a revised intimation providing an updated access link for its Q2FY27 earnings conference call following technical issues with the earlier link. Organized by ICICI Securities, the call remains scheduled for 28th Oct'26 at 4:30 PM IST to discuss unaudited financial results for the quarter and half-year ended 30th Sep'26. Senior leadership, including Chairman Shekhar Bajaj, MD & CEO Sanjay Sachdeva, CFO Ashween Anand, and the COOs of Consumer Products and Lighting Solutions, will represent the company. All other details remain unchanged.
Please refer to the enclosed file.
Others (Uncategorized) · 13 Oct 2026, 9:41 pm
Bajaj Electricals Receives Adverse GST Appellate Order Imposing Demand of Rs. 627.36 Lakh Bajaj Electricals received an adverse appellate order from the West Bengal GST Appellate Authority on 12th Oct'26 for FY 2019-20, imposing a total demand of Rs. 627.36 lakh, including a penalty of Rs. 31.89 lakh. The order stems from alleged excess input tax credit claims and short GST payments, marginally modifying the earlier Assessment Order demand of Rs. 632.52 lakh. Management is evaluating legal remedies, including appeals before the appellate tribunal or High Court writ proceedings, noting zero impact on current operations.
Please refer to the enclosed file.
Others (Uncategorized) · 13 Oct 2026, 9:40 pm
Bajaj Electricals Receives Adverse GST Appellate Order with Rs. 627.36 Lakh Demand Bajaj Electricals received an adverse appellate order from the West Bengal GST Appellate Authority on 12th Oct'26 regarding FY 2019-20. The order upholds a revised tax demand of Rs. 627.36 lakh, including a penalty of Rs. 31.89 lakh, concerning alleged excess input tax credit claims and short GST payments. Management is evaluating legal remedies, including filing an appeal with the appellate tribunal or initiating High Court writ proceedings. The company stated the financial impact is limited strictly to the demanded amount, with zero disruption to regular operations.
Please refer to the enclosed file.
Intimation · 28 Oct 2026, 4:30 pm
Bajaj Electricals Schedules Q2FY27 Earnings Call for 28th Oct'26 Bajaj Electricals Limited will host its Q2FY27 earnings conference call on 28th Oct'26 at 16:30 IST, organized by ICICI Securities Limited, to discuss unaudited financial results for the quarter and half-year ended 30th Sep'26. The call will feature key leadership, including Chairman Shekhar Bajaj, MD & CEO Sanjay Sachdeva, CFO Ashween Anand, and the COOs of Consumer Products and Lighting Solutions. Universal dial-in access numbers include +91 22 6280 1144 and +91 22 7115 8045.
Bajaj Electricals Limited has informed the Exchange about Board Meeting to be held on 28-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 28 Oct 2026, 5:30 am
Bajaj Electricals Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2026 ,inter alia, to consider and approve unaudited standalone and ....
Intimation · 28 Oct 2026, 5:30 am
Bajaj Electricals Board Meeting Scheduled on 28th Oct'26 for Q2 Financial Results Bajaj Electricals has scheduled its Board of Directors meeting on 28th Oct'26 to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended 30th Sep'26. In compliance with insider trading regulations, the trading window for dealing in company equity shares has been closed for designated persons starting 1st Oct'26 and will reopen 48 hours after the results are declared on 28th Oct'26.
To consider and approve the unaudited standalone and consolidated financial results of the Company for the second quarter and half year ended September 30, 2026
Intimation · 28 Oct 2026, 5:30 am
Please refer to the enclosed file.
Others (Uncategorized) · 02 Oct 2026, 5:42 am
Bajaj Electricals Secures Favourable GST Appellate Order for FY 2017-18 Bajaj Electricals Limited received a favourable order from the Commissioner (Appeals), CGST & Central Excise, Ranchi, on 1st Oct'26 regarding FY 2017-18 tax proceedings. The Appellate Authority annulled the previous assessment order, waiving the entire penalty of Rs. 32.50 lakh and reducing the interest liability from Rs. 8.46 lakh to Rs. 1.28 lakh. The revised interest amount of Rs. 1.28 lakh has already been discharged, resulting in no adverse operational or further financial impact on the company.
Please refer to the enclosed file.
Others (Uncategorized) · 02 Oct 2026, 5:23 am
Bajaj Electricals Secures Favourable Appellate Order Dropping Rs. 29.63 Lakh GST Demand Bajaj Electricals received a favourable appellate order on 1st Oct'26 from the Commissioner (Appeals), CGST & Central Excise, Ranchi, for FY 2017-18. The Appellate Authority set aside the previous assessment order dated 30th Dec'23 and dropped the entire gross tax demand of Rs. 29.63 lakh, which included a general penalty of Rs. 2.69 lakh concerning ITC disallowance. The company confirmed that the financial impact is restricted solely to the granted relief, with no operational disruption.
Please refer to the enclosed file.
Others (Uncategorized) · 04 Sept 2026, 8:37 pm
Bajaj Electricals Approves Allotment of 30,867 Equity Shares Under PSOP 2023 Bajaj Electricals Limited’s Stakeholders’ Relationship Committee approved the allotment of 30,867 fully paid-up equity shares of face value Rs. 2 each on 4th Sep'26. The shares were allotted to 65 eligible employees upon the exercise of options under the company's Performance Stock Option Plan 2023 at an exercise price of Rs. 2 per share. Consequently, the company’s paid-up equity share capital increased to Rs. 23,08,47,272, comprising 11,54,23,636 equity shares ranking pari passu with existing shares.
Submission of the Transcript of the ''''Q1FY27 Earnings Call'''' of the Company
Transcript · 12 Aug 2026, 11:11 pm
Bajaj Electricals Q1FY27: Margin Expansion Outpaces Tepid Revenue Growth Bajaj Electricals reported modest Q1FY27 revenue growth of 2.3% YoY, driven by a 1.7% rise in Consumer Products and 4.4% in Lighting Solutions. Despite weak fan sales and uneven demand, EBIT margin expanded significantly to 6.6% from 2.5% last year, reflecting improved operating discipline and cost efficiencies. The Consumer Products EBIT margin turned positive at 3.9% from -1.7% YoY. Management is targeting a return to double-digit EBIT margins for the lighting segment and aims for an 8-10% overall top-line growth.
Please refer to the enclosed file.
Press Release · 12 Aug 2026, 1:52 am
Bajaj Electricals Appoints Chief Growth & New Business Officer Bajaj Electricals announced the appointment of Krishnan Sundaram as Chief Growth & New Business Officer, effective 11 Aug'26. He will be responsible for identifying and scaling new business opportunities to accelerate growth and strengthen the company's portfolio. Sundaram brings over 26 years of experience, including P&L leadership, from previous roles as CEO of Vini Cosmetics and over two decades at Hindustan Unilever Limited and Unilever PLC. This strategic hire aims to drive the company's next phase of transformational growth.
Please refer to the enclosed file.
Annual General Meeting · 07 Aug 2026, 4:06 am
Bajaj Electricals AGM Voting Results: All Resolutions Passed At its 87th AGM on 6th Aug'26, Bajaj Electricals shareholders passed all five resolutions with over 99.99% votes in favour. Key approvals include adopting FY26 financial statements, declaring a dividend for FY26, appointing Mr. Sanjay Sachdeva as Director, and approving borrowing via securities issuance. Total voter turnout was high at 85.19% of outstanding shares. Promoter and institutional participation was nearly unanimous, with both groups voting 100% in favour across all resolutions. Public non-institutional support was also strong, exceeding 99.95% for each item.