Bajaj Electricals Ltd Stock Falls to 52-Week Low of Rs.362.6

Stock Price Movement and Market Context

On the day, Bajaj Electricals recorded an intraday low of Rs.362.6, representing a 2.81% drop from previous levels and underperforming its sector by 1.79%. The stock closed with a day change of -0.92%. Notably, the share price is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum.

The broader market environment also reflected weakness, with the Sensex falling sharply by 913.07 points (-1.14%) to 81,307.41 after a flat opening. The benchmark index is currently trading below its 50-day moving average, although the 50DMA remains above the 200DMA, indicating mixed technical signals at the market level.

Over the past year, Bajaj Electricals has delivered a negative return of -42.07%, markedly underperforming the Sensex’s positive 8.97% gain during the same period. The stock’s 52-week high was Rs.710, underscoring the extent of the decline from its peak.

Financial Performance and Profitability Trends

Bajaj Electricals’ recent financial results have been notably subdued. The company reported a decline in net sales by 18.52% in the December 2025 quarter, contributing to a series of negative quarterly results over the last three periods. The net profit after tax (PAT) for the quarter stood at a loss of Rs.5.21 crores, a steep fall of 115.6% compared to the corresponding period last year.

Operating profit margins have also contracted significantly, with a five-year annualised decline of 23.21%. The company’s return on capital employed (ROCE) for the half-year ended December 2025 was recorded at a low 9.65%, while the operating profit to interest coverage ratio dropped to 1.01 times, indicating limited buffer to service debt obligations from operating earnings.

Return on equity (ROE) remains modest at 5.2%, which, when combined with a price-to-book value of 2.5, suggests a valuation that may be considered expensive relative to the company’s current earnings and growth profile. Despite this, the stock trades at a discount compared to its peers’ average historical valuations.

Long-Term Growth and Market Position

Over the last five years, Bajaj Electricals has experienced a negative compound annual growth rate (CAGR) in net sales of -0.61%, reflecting challenges in expanding its revenue base. This stagnation in top-line growth has been accompanied by deteriorating profitability metrics, which have weighed on investor confidence and share price performance.

The company’s consistent underperformance relative to the benchmark indices is evident, with Bajaj Electricals underperforming the BSE500 index in each of the past three annual periods. This trend highlights ongoing difficulties in regaining market share or improving operational efficiency within the Electronics & Appliances sector.

Balance Sheet and Shareholding Structure

On the balance sheet front, Bajaj Electricals maintains a low average debt-to-equity ratio of 0.05 times, indicating limited leverage and a conservative capital structure. This low indebtedness provides some financial stability despite the earnings pressures.

Institutional investors hold a significant stake of 23.56% in the company. These investors typically possess greater analytical resources and a longer-term perspective on fundamentals, which may influence the stock’s trading dynamics and valuation considerations.

Mojo Score and Market Ratings

Reflecting the company’s current financial and market challenges, Bajaj Electricals carries a Mojo Score of 20.0 and a Mojo Grade of Strong Sell as of 22 Sep 2025, an upgrade in severity from the previous Sell rating. The market capitalisation grade stands at 3, indicating a relatively modest size within its sector.

This grading encapsulates the deteriorated growth prospects, profitability concerns, and valuation pressures that have culminated in the stock’s recent 52-week low.

Summary of Key Metrics

• 52-week low price: Rs.362.6 (27 Feb 2026)
• 52-week high price: Rs.710
• 1-year stock return: -42.07%
• Sensex 1-year return: +8.97%
• Net sales 5-year CAGR: -0.61%
• Operating profit 5-year CAGR: -23.21%
• PAT (Q4 Dec 2025): Rs. -5.21 crores (-115.6%)
• ROCE (HY Dec 2025): 9.65%
• Operating profit to interest coverage (Q4 Dec 2025): 1.01 times
• ROE: 5.2%
• Price to Book Value: 2.5
• Debt to Equity ratio (avg): 0.05
• Institutional holdings: 23.56%

The stock’s recent performance and fundamental indicators underscore the challenges faced by Bajaj Electricals Ltd in reversing its downward trend. The new 52-week low at Rs.362.6 marks a critical point in the company’s market journey, reflecting a combination of subdued sales growth, declining profitability, and valuation pressures within a competitive sector environment.

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