Bajaj Electricals Share Price Target 2025, 2030: A Fundamental Analysis
Looking for a Bajaj Electricals Share Price Target 2025 to 2030. Bajaj Electricals Ltd, headquartered in Mumbai, Maharashtra, India, is a prominent manufacturer of consumer electrical equipment.
Part of the Bajaj Group, which boasts a revenue of ₹380 billion (US$4.8 billion), the company operates across diverse sectors including lighting, appliances, fans, and engineering projects.
Its core areas comprise lighting (lamps, tubes, and luminaires), consumer durables (appliances and fans), and engineering projects (transmission line towers, telecommunications towers, high-mast poles, special projects, etc.).
Notable endeavors include illuminating the Commonwealth Games stadium and contributing to the Bandra Worli Sea Link. Bajaj Electricals Ltd boasts a wide network, encompassing 19 branch offices, around 1000 distributors, 4000 authorized dealers, over 400,000 retail outlets, and more than 282 Customer Care centers nationwide.
Company Profile
| Company Name | Bajaj Electricals Ltd. |
|---|---|
| Type | Public |
| Traded as | BSE: 500031, NSE: BAJAJELEC |
| Industry | Electrical Equipment |
| Founded | 14 July 1938 |
| Founder | Kamalnayan Bajaj |
| Headquarters | Mumbai, Maharashtra, India |
| Key People | Shekhar Bajaj (Executive Chairman), Anuj Poddar (CEO and Managing Director) |
| Products | Home Appliances, Fans, Lighting, Engineering and Products |
| Revenue | ₹27.7 billion (US$350 million) |
| Parent Company | Bajaj Group |
| Subsidiaries | Starlite Lighting |
| Website | bajajelectricals.com |
Bajaj Electricals Ltd. Fundamental Analysis
| Market Cap | ₹ 11,555.44 Cr. |
| Enterprise Value | ₹ 11,186.42 Cr. |
| Number of Shares | 11.51 Cr. |
| P/E | 65.12 |
| P/B | 7.97 |
| Face Value | ₹ 2 |
| Dividend Yield | 0.4% |
| Book Value (TTM) | ₹ 126.04 |
| Cash | ₹ 369.19 Cr. |
| Debt | ₹ 0.17 Cr. |
| Promoter Holding | 62.85% |
| EPS (TTM) | ₹ 15.42 |
| Sales Growth | 13.14% |
| ROE | 12.54% |
| ROCE | 19.53% |
| Profit Growth | 68.51% |
Bajaj Electricals Share Price Target 2025
In 2025, Bajaj Electricals Ltd (BAJAJELEC) is anticipated to witness significant growth. The initial target for the company is ₹1073.21. However, market volatility might lead to fluctuations, with the share price peaking at ₹1082.79 mid-year.
| Month | Target |
|---|---|
| January | ₹1073.21 |
| February | ₹1083.82 |
| March | ₹1073.29 |
| April | ₹1068.09 |
| May | ₹1082.70 |
| June | ₹1082.69 |
| July | ₹1082.79 |
| August | ₹1149.28 |
| September | ₹1149.20 |
| October | ₹1149.29 |
| November | ₹1149.39 |
| December | ₹1149.34 |
Also Read: Waaree Share Price Target 2025, 2030: A Fundamental Analysis
Bajaj Electricals Share Price Target 2026, 2027, 2028 & 2029
2026 is projected to be another strong year for Bajaj Electricals Ltd. The initial target for the year is ₹1217.39. Market conditions are expected to remain favorable, with a mid-year target of ₹1212.26. The year is forecasted to conclude with a target price of ₹1212.03.
Bajaj Electricals Share Price Target 2026
| Month | Target |
|---|---|
| January | ₹1217.39 |
| February | ₹1227.99 |
| March | ₹1217.53 |
| April | ₹1212.21 |
| May | ₹1212.31 |
| June | ₹1212.23 |
| July | ₹1212.26 |
| August | ₹1212.20 |
| September | ₹1212.16 |
| October | ₹1212.06 |
| November | ₹1212.11 |
| December | ₹1212.03 |
Also Read: SBI Share Price Target 2025, 2030, 2040, 2050
Bajaj Electricals Share Price Target 2027
For 2027, Bajaj Electricals Ltd is expected to face a temporary decline in the early months, followed by a recovery by mid-year. The initial target is ₹1300, with a mid-year target of ₹1294.79. The year is forecasted to conclude with a target price of ₹1294.83.
| Month | Target |
|---|---|
| January | ₹1300 |
| February | ₹1310.53 |
| March | ₹1300.10 |
| April | ₹1294.75 |
| May | ₹1294.82 |
| June | ₹1294.79 |
| July | ₹1294.86 |
| August | ₹1294.79 |
| September | ₹1294.73 |
| October | ₹1294.77 |
| November | ₹1294.76 |
| December | ₹1294.83 |
Also Read: Mahan Industries Share Price Target 2025 to 2030
Bajaj Electricals Share Price Target 2028
Mixed trends are expected for Bajaj Electricals Ltd in 2028 with rapid movements both upward and downward. The year starts with an initial target of ₹1386.64 and a mid-year target of ₹1381.50. By year-end, the target price is anticipated to reach ₹1381.54.
| Month | Target |
|---|---|
| January | ₹1386.64 |
| February | ₹1397.22 |
| March | ₹1386.70 |
| April | ₹1381.44 |
| May | ₹1381.48 |
| June | ₹1381.50 |
| July | ₹1381.53 |
| August | ₹1381.45 |
| September | ₹1381.44 |
| October | ₹1381.52 |
| November | ₹1381.52 |
| December | ₹1381.54 |
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Bajaj Electricals Share Price Target 2029
2029 is expected to witness strong and steady growth for Bajaj Electricals Ltd, with the initial target set at ₹1477.57. By mid-year, the target is expected to reach ₹1472.34, with a year-end target of ₹1472.26.
| Month | Target |
|---|---|
| January | ₹1477.57 |
| February | ₹1487.98 |
| March | ₹1477.51 |
| April | ₹1472.20 |
| May | ₹1472.30 |
| June | ₹1472.34 |
| July | ₹1472.28 |
| August | ₹1472.20 |
| September | ₹1472.15 |
| October | ₹1472.09 |
| November | ₹1472.16 |
| December | ₹1472.26 |
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Bajaj Electricals Share Price Target 2030
Continuing the upward trajectory, 2030 is expected to see Bajaj Electricals Ltd reaching new highs. The initial target is set at ₹1572.98, with a mid-year target of ₹1567.71. The year is projected to conclude with a target price of ₹1567.69.
| Month | Target |
|---|---|
| January | ₹1572.98 |
| February | ₹1583.50 |
| March | ₹1573.00 |
| April | ₹1567.81 |
| May | ₹1567.79 |
| June | ₹1567.71 |
| July | ₹1567.62 |
| August | ₹1567.66 |
| September | ₹1567.76 |
| October | ₹1567.70 |
| November | ₹1567.75 |
| December | ₹1567.69 |
Also Read: Tata Motors Share Price Target 2025, 2030, 2040 & 2050
Bajaj Electricals Share Price Target 2031
By 2030, Bajaj Electricals Ltd is forecasted to maintain its growth trajectory. The initial target for the year is set at ₹2000.21. By mid-year, the target price could reach ₹2100.02, with a year-end target of ₹2500.83.
| Year | Target |
|---|---|
| 2031 | ₹2000 – ₹2500 |
Bajaj Electricals Ltd. Share Analysis Report: Buy or Sell?
Bajaj Electricals, a renowned brand in the consumer durable segment in India and globally, operates in a sector that has seen substantial investments and growth.
The Consumer Durable sector in India has experienced increased demand, supported by rising disposable income and a market size expected to reach 48.37 billion USD by FY22, up from 21.49 billion USD in FY17.
- Net Sales: The company’s net sales stand at Rs 5,417.41 Cr, reflecting a growth of 13.14% from the previous year’s sales of Rs 4,788.19 Cr.
- Inventory Turnover: With a turnover ratio of 5.35 times, Bajaj Electricals exhibits room for improvement in asset management.
- Profit After Tax (PAT) Growth: The PAT growth rate of 68.51% is commendable, contributing to a PAT margin of 4.25%.
- Earnings Per Share (EPS) Growth: The EPS growth rate aligns closely with the PAT growth rate, standing at 68.22%. The latest quarter’s EPS is reported at 3.29 Rs.
- Share Price: The current share price is Rs 1004. Utilizing valuation calculators can assist in determining whether Bajaj Electricals’ share price is undervalued or overvalued.
- Return on Assets and Equity: Over the past 3 years, the company’s assets have provided an average return of 4.31%, while equity has delivered an average return of 11.06%.
- Debt to Equity Ratio: Bajaj Electricals maintains a Debt to Equity ratio of 0.00, indicating lower financial risk compared to its peers.
Strengths
- The company has demonstrated impressive profit growth of 1,105.89% over the past 3 years.
- Significant reduction in debt by ₹35.65 Cr has rendered the company virtually debt-free.
- The company boasts a favorable PEG ratio of 0.95.
- Efficient cash conversion cycle of 19.59 days showcases the company’s operational efficiency.
- Strong cash flow management evidenced by a CFO/PAT ratio of 2.88.
- High promoter holding of 62.85% reflects confidence in the company’s prospects.
Weakness
- Poor revenue growth of 2.87% over the past 3 years.
- The company is trading at a high PE ratio of 65.12.
FAQs
Does Bajaj Electricals Pay dividends?
Yes, Bajaj Electricals does pay dividends. In the last financial year, the company paid a total dividend of ₹7, which included a dividend of ₹3 declared in the quarter ending March 2024. The current dividend yield is 0.78%.
