Bajaj Electricals Ltd - Company Profile
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Bajaj Electricals Ltd (BEL) is an electrical equipment manufacturing company. The company’s product portfolio includes mixer grinders, ovens, electric cookers, food processors, fans, lighting, water purifiers, water heaters, room coolers and heaters, uninterrupted power supply (UPS) and inverters for home, gas stoves, irons, room heaters, non-electric kitchen appliances and induction cookers. BEL offers luminaires, LED lamps and accessories that serve the needs of commercial spaces, industrial premises, street and road lighting and cityscape projects. The company sells its products through distributors, retail outlets, authorized dealers and exclusive showrooms. The company has business presence operations in India and other countries. BEL is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
6th and 27th Floor, OneUnity Center, Senapati Bapat Marg,Prabhadevi ( West), Mumbai, Maharashtra, 400013
Website
bajajelectricals.com
Telephone
91 22 69796000
No of Employees
1,775
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
BAJAJELEC (NSE)
Revenue (2024)
$577.1M
4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
1.8%
(2024 vs 2023)
Market Cap*
$471.4M
Net Profit Margin (2024)
XYZ
-2.1%
(2024 vs 2023)
* As of and is in US$
Bajaj Electricals Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Juicer | Service and Support | Bajaj |
| Electric Kettle | Nirlep | |
| Pop Toaster | Morphy Richards | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company signed a partnership with the TIH Foundation for IoT & IoE to co-build smart lighting solutions under the Smart Streetlight Control project. |
| 2025 | Regulatory Approval | In September, the company received approval from its board to acquire the Morphy Richards Brand Rights in the Indian, Nepalese, Bhutanese, Bangladeshi, Maldivian, and Sri Lankan markets from Glen Electric for INR1.46 billion. |
| 2025 | New Products/Services | In August, the company introduced a new range of switchgears, including Miniature Circuit Breakers, Residual Current Circuit Breakers, isolators, and distribution boards. |
Competitor Comparison
| Key Parameters | Bajaj Electricals Ltd | Haier Group | Havells India Ltd | Crompton Greaves Consumer Electricals Ltd | V-Guard Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | India | China | India | India | India |
| City | Mumbai | Qingdao | Noida | Mumbai | Kochi |
| State/Province | Maharashtra | Shandong | Uttar Pradesh | Maharashtra | Kerala |
| No. of Employees | 1,775 | 146,000 | 8,163 | 1,893 | 3,133 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shekhar Bajaj | Chairman | Executive Board | 1994 | - |
| Sanjay Sachdeva | Chief Executive Officer; Director; Managing Director | Executive Board | 2025 | - |
| Suketu Shah | Chief Financial Officer - Interim | Senior Management | 2026 | - |
| Pooja Bajaj | Director - CSR and ESG | Executive Board | 2018 | 43 |
| Milind Korgaonkar | Chief Information Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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