Bajaj Electricals Ltd - Company Profile

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Bajaj Electricals Ltd: Overview

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Bajaj Electricals Ltd (BELajaj) manufactures consumer electrical equipment. 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. It also designs, supplies, installs and tests turnkey illumination projects and high mast lighting systems. The company sells its products through distributors, retail outlets, authorized dealers and exclusive showrooms. The company has business presence operations in Southeast Asia, SAARC countries, Asia -Pacific, the Middle East and Africa. BEL is headquartered in Mumbai, Maharashtra, India.

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Headquarters India
Address 51, Mulla House, Mahatma Gandhi Road, Mumbai, Maharashtra, 400022
Website bajajelectricals.com
Telephone 91 22 24064000
No of Employees 2,406
Industry Consumer Packaged Goods
Ticker Symbol & Exchange BAJAJELEC (NSE)
Revenue (2023) $623.1M 1.6% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ 68.2% (2023 vs 2022)
Market Cap* $1.3B
Net Profit Margin (2023) XYZ 65.5% (2023 vs 2022)
* As of and is in US$
View Bajaj Electricals Ltd financials
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Bajaj Electricals Ltd premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Bajaj Electricals Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Electric Fans Supply of Materials and Erection Services Bajaj
Lattice Towers Power Distribution Nirlep
Compact Fluorescent Lamps Rural Electrification Morphy Richards
XYZ XYZ
XYZ XYZ
XYZ XYZ
Understand Bajaj Electricals Ltd portfolio and identify potential areas for collaboration Understand Bajaj Electricals Ltd portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, the company entered into a license agreement with Bajel Projects under which Bajel Projects will use the Bajaj trademark for 3 years.
2023 New Products/Services In October, the company introduced new Mixer Grinders with industry-first 'Military Grade Jars'.
2023 Contracts/Agreements In July, the company awarded a 5-year INR187.4 million contract to 3i Infotech for managed services.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Bajaj Electricals Ltd Havells India Ltd CG Power and Industrial Solutions Ltd Crompton Greaves Consumer Electricals Ltd V-Guard Industries Ltd
Headquarters India India India India India
City Mumbai Noida Mumbai Mumbai Kochi
State/Province Maharashtra Uttar Pradesh Maharashtra Maharashtra Kerala
No. of Employees 2,406 6,822 2,968 1,693 2,647
Entity Type Public Public Public Public Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Shekhar Bajaj Chairman Executive Board 1994 -
Anuj Poddar Director; Chief Executive Officer; Managing Director Executive Board 2022 -
E C Prasad Chief Financial Officer Senior Management 2021 -
Prashant Dalvi Chief Compliance Officer; Company Secretary Senior Management 2023 -
Ravindra Singh Negi Chief Operating Officer - Consumer Products Business Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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