Stock Performance and Market Context
On 13 Feb 2026, Bajaj Electricals Ltd’s share price touched an intraday low of Rs.375.75, representing a 2.4% drop on the day and a 1.74% decline compared to the previous close. This marks the lowest price level for the stock in the past 52 weeks, down from its high of Rs.749.35. The stock has been on a downward trajectory for six consecutive trading sessions, resulting in a cumulative loss of 9.1% over this period.
The stock’s performance today also lagged behind its sector, Electronics & Appliances, by 0.34%. Bajaj Electricals is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a persistent bearish trend.
In comparison, the broader market benchmark, the Sensex, opened lower at 82,902.73, down 772.19 points or 0.92%, and was trading at 82,920.36 (-0.9%) during the same session. The Sensex remains 3.91% below its 52-week high of 86,159.02, with its 50-day moving average positioned above the 200-day moving average, indicating a mixed but relatively more stable market environment than the stock’s performance.
Financial Performance and Valuation Metrics
Bajaj Electricals Ltd’s financial results have contributed to the stock’s decline. The company reported a sharp fall in net sales by 18.52% in the December 2025 quarter, which was accompanied by a significant contraction in profitability. The quarterly profit after tax (PAT) stood at a loss of Rs.5.21 crore, a decline of 115.6% compared to the corresponding period last year.
This marks the third consecutive quarter of negative results, underscoring the challenges faced by the company in reversing its financial downturn. Over the last five years, net sales have declined at an annual rate of 0.61%, while operating profit has deteriorated by 23.21% annually, reflecting a prolonged period of subdued growth and margin pressure.
Return on capital employed (ROCE) for the half-year ended was recorded at a low 9.65%, while the operating profit to interest coverage ratio for the quarter was just 1.01 times, indicating limited buffer to meet interest obligations from operating earnings. The return on equity (ROE) stands at 5.2%, which, combined with a price-to-book value of 2.6, suggests the stock is trading at a relatively expensive valuation despite its recent price decline.
Comparative Performance and Market Position
Over the past year, Bajaj Electricals Ltd has delivered a total return of -46.26%, significantly underperforming the Sensex, which posted an 8.91% gain over the same period. The stock has also consistently lagged behind the BSE500 index in each of the last three annual periods, highlighting its relative weakness within the broader market.
Despite the recent price correction, the stock trades at a discount compared to its peers’ average historical valuations, reflecting the market’s cautious stance on the company’s prospects. The company’s market capitalisation grade is rated at 3, indicating a mid-tier market cap size within its sector.
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Mojo Score and Analyst Ratings
Bajaj Electricals Ltd currently holds a Mojo Score of 20.0, which corresponds to a Mojo Grade of Strong Sell. This represents a downgrade from its previous Sell rating, effective from 22 Sep 2025. The Strong Sell grade reflects the company’s deteriorating financial health and weak market performance.
The downgrade is supported by the company’s declining sales, shrinking operating profits, and negative quarterly earnings. The low operating profit to interest coverage ratio and subdued ROCE further reinforce the cautious stance on the stock.
Balance Sheet and Shareholding Structure
On the balance sheet front, Bajaj Electricals Ltd 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 pressure.
Institutional investors hold a significant stake of 23.56% in the company. These investors typically possess greater resources and analytical capabilities to assess company fundamentals, which may influence the stock’s trading dynamics.
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Summary of Key Metrics
To summarise, Bajaj Electricals Ltd’s key financial and market metrics as of February 2026 are as follows:
- 52-week low price: Rs.375.75
- 52-week high price: Rs.749.35
- One-year stock return: -46.26%
- Sensex one-year return: +8.91%
- Net sales growth (5 years annualised): -0.61%
- Operating profit growth (5 years annualised): -23.21%
- Quarterly PAT decline: -115.6% (Rs. -5.21 crore)
- ROCE (half-year): 9.65%
- Operating profit to interest coverage (quarterly): 1.01 times
- Return on equity: 5.2%
- Price to book value: 2.6
- Debt to equity ratio (average): 0.05
- Institutional holdings: 23.56%
- Mojo Score: 20.0 (Strong Sell)
The stock’s consistent underperformance relative to the benchmark indices and peers, combined with deteriorating financial results, has culminated in the current 52-week low price level.
Market and Sector Comparison
Within the Electronics & Appliances sector, Bajaj Electricals Ltd’s recent performance contrasts with broader market trends. While the Sensex remains within 4% of its 52-week high and trades above its 200-day moving average, Bajaj Electricals continues to trade below all major moving averages, signalling a divergence from sector momentum.
The company’s market capitalisation grade of 3 places it in the mid-tier range, but its valuation metrics and profitability ratios lag behind sector averages, contributing to the cautious market stance.
Conclusion
Bajaj Electricals Ltd’s stock reaching a 52-week low of Rs.375.75 reflects a culmination of subdued sales growth, declining profitability, and persistent negative quarterly earnings. The stock’s underperformance relative to the Sensex and its sector peers, combined with a downgrade to a Strong Sell rating, underscores the challenges faced by the company in recent periods.
Despite a conservative capital structure and significant institutional ownership, the company’s financial metrics indicate pressure on earnings and valuation. The stock’s current trading below all key moving averages further highlights the prevailing bearish sentiment in the market.
Investors and market participants will continue to monitor the company’s financial disclosures and market developments as the stock navigates this extended period of weakness.
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