Conference Call with Bajaj Electricals Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.
Household Appliances company Bajaj Electricals announced Q1FY27 results Consolidated Financial Highlights Revenue from Operations: The company reported revenue from operations of Rs 1,08,936 lakh in Q1FY27, representing a growth of 2.33% compared to Rs 1,06,459 lakh in Q1FY26 (YoY). Sequentially, revenue decreased by 12.11% from Rs 1,23,952 lakh in Q4FY26 (QoQ). Total Income: Total income for Q1FY27 stood at Rs 1,11,498 lakh, an increase of 1.83% from Rs 1,09,493 lakh in Q1FY26. It saw a sequential decline of 10.73% compared to Rs 1,24,895 lakh in Q4FY26. Profit Before Tax (PBT): PBT for the quarter was Rs 6,567 lakh, representing a significant increase from Rs 152 lakh in Q1FY26. In the preceding quarter Q4FY26, the company had reported a loss before tax of Rs 5,194 lakh. Net Profit: The company achieved a net profit of Rs 4,838 lakh in Q1FY27, compared to Rs 91 lakh in Q1FY26. This reflects a recovery from a net loss of Rs 6,753 lakh in Q4FY26. Total Comprehensive Income: Total comprehensive income stood at Rs 6,372 lakh in Q1FY27, compared to Rs 1,100 lakh in Q1FY26 and a loss of Rs 9,311 lakh in Q4FY26. Earnings Per Share (EPS): Basic EPS (after exceptional items) was Rs 4.19 in Q1FY27, compared to Rs 0.08 in Q1FY26 and a loss per share of Rs 5.85 in Q4FY26. Standalone Financial Highlights Total Revenue from Operations: Standalone revenue was Rs 1,08,936 lakh in Q1FY27, up 2.33% YoY from Rs 1,06,459 lakh. Total Income: Total standalone income reached Rs 1,11,498 lakh in Q1FY27, up 1.83% YoY. Net Profit: Net profit for the standalone entity was Rs 4,795 lakh in Q1FY27, compared to Rs 164 lakh in Q1FY26. Exceptional Items: Standalone results for Q1FY27 included a profit of Rs 878 lakh on the sale of immovable property. This is compared to an exceptional loss of Rs 5,558 lakh in Q4FY26 and Rs 668 lakh in Q1FY26. Business Highlights Consumer Products Segment: This segment earned a total revenue of Rs 82,039 lakh in Q1FY27, reflecting a growth of 1.66% over Rs 80,700 lakh in Q1FY26. The segment turned positive at the EBIT level with a profit of Rs 3,239 lakh (3.9% margin) against a loss of Rs 1,360 lakh in the corresponding quarter of the previous year. Lighting Solutions Segment: Total revenue for this segment stood at Rs 26,897 lakh in Q1FY27, an increase of 4.42% over Rs 25,759 lakh in Q1FY26. Segment EBIT was Rs 1,794 lakh in Q1FY27. Cash and Liquidity: The company maintained a strong balance sheet with cash equivalents and surplus investments totaling Rs 884 crore as of June 30, 2026. Corporate Appointments: Mr. Krishnan Sundaram was appointed as the ‘Chief Growth & New Business Officer’ and designated as Senior Management Personnel, effective August 11, 2026. ESOP Pool: The Board approved an increase in the ESOP pool under the ‘Performance Stock Option Plan - 2023’ (PSOP-2023) by 24,27,049 Options, taking the total to 30,02,559 Options. Remuneration Structure: The Board approved a revision of the remuneration structure for whole-time directors in light of the new labour codes. Shekhar Bajaj, Chairman of Bajaj Electricals, said: "We are pleased to have started FY27 on an encouraging note. Despite a challenging operating environment marked by input cost inflation, uneven summer demand, and industry-wide price increases, our teams remained focused on execution, channel consolidation, and cost efficiencies. This disciplined approach has translated into a strong start to the year and reinforces our confidence in the growth opportunities ahead." Sanjay Sachdeva, Managing Director & CEO of Bajaj Electricals, said: "Consumer Products returned to growth with a positive EBIT margin of 3.9%, reflecting the benefits of our strategic actions, margin expansion, and operating leverage. Lighting Solutions sustained its momentum with 4.4% growth on a strong base. Our EBIT margins are at a healthy 6.6%, driven by disciplined execution and pricing agility. These results reinforce our confidence in the strength of our portfolio and our ability to deliver sustainable, profitable growth going forward." Result PDF
Household Appliances company Bajaj Electricals announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: Stood at Rs 1,23,952 lakh in Q4FY26, up 17.95% QoQ from Rs 1,05,091 lakh in Q3FY26, but down 2.05% YoY from Rs 1,26,547 lakh in Q4FY25. For FY26, it was Rs 4,46,216 lakh, registering a decline of 7.59% compared to Rs 4,82,843 lakh in FY25. Total Income: Reported at Rs 1,24,895 lakh in Q4FY26, reflecting a growth of 17.22% QoQ against Rs 1,06,550 lakh in Q3FY26, and a decline of 2.55% YoY compared to Rs 1,28,165 lakh in Q4FY25. For FY26, Total Income was Rs 4,52,434 lakh, down 7.35% YoY from Rs 4,88,321 lakh in FY25. Profit Before Tax (PBT): The company reported a loss of Rs (5,194) lakh in Q4FY26 compared to a loss of Rs (5,406) lakh in Q3FY26 and a profit of Rs 7,125 lakh in Q4FY25. For FY26, PBT was a loss of Rs (8,898) lakh against a profit of Rs 16,968 lakh in FY25. Net Profit/Loss After Tax (PAT): Posted a net loss of Rs (6,753) lakh in Q4FY26, compared to a net loss of Rs (3,410) lakh in Q3FY26 and a net profit of Rs 5,905 lakh in Q4FY25. For the full year FY26, the net loss stood at Rs (9,086) lakh as against a net profit of Rs 13,342 lakh in FY25. Standalone Financial Highlights: Revenue from Operations: Recorded at Rs 1,23,805 lakh in Q4FY26, showcasing an 18.10% QoQ increase from Rs 1,04,830 lakh in Q3FY26, and a 1.95% YoY decrease from Rs 1,26,273 lakh in Q4FY25. For FY26, revenue stood at Rs 4,44,828 lakh compared to Rs 4,81,591 lakh in FY25. Total Income: Reached Rs 1,24,895 lakh in Q4FY26, up 17.22% QoQ from Rs 1,06,550 lakh in Q3FY26 and down 2.55% YoY from Rs 1,28,165 lakh in Q4FY25. For FY26, it was Rs 4,52,434 lakh against Rs 4,88,321 lakh in FY25. Profit Before Tax (PBT): Reported a loss of Rs (4,873) lakh in Q4FY26, compared to a loss of Rs (4,917) lakh in Q3FY26 and a profit of Rs 7,125 lakh in Q4FY25. For FY26, PBT swung to a loss of Rs (7,538) lakh from a profit of Rs 16,968 lakh in FY25. Net Profit/Loss After Tax (PAT): The company reported a net loss of Rs (6,432) lakh in Q4FY26, widening from a net loss of Rs (2,921) lakh in Q3FY26. This compares to a net profit of Rs 5,905 lakh in Q4FY25. For FY26, net loss stood at Rs (7,726) lakh against a net profit of Rs 13,342 lakh in FY25. Business & Segment Highlights: Segment Performance (Consolidated): Consumer Products: Revenue stood at Rs 92,581 lakh in Q4FY26, down 6.86% YoY from Rs 99,401 lakh in Q4FY25. For FY26, it reported a revenue of Rs 3,34,265 lakh compared to Rs 3,80,589 lakh in FY25. Lighting Solutions: Revenue stood at Rs 31,371 lakh in Q4FY26, registering an increase of 15.56% YoY from Rs 27,146 lakh in Q4FY25. For FY26, it reported a revenue of Rs 1,11,951 lakh compared to Rs 1,02,254 lakh in FY25. Dividend: The Board recommended a final dividend of Rs 3.00 per share (150%) of face value of Rs 2 each on equity shares for FY26. Fundraising Approval: The Board approved an enabling proposal to raise or borrow funds up to Rs 500 crore via the issuance of securities, including unsecured non-convertible debentures and/or commercial papers, subject to shareholder approval. Management Changes: Ms. Ashween Anand has been appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel of the company, effective May 16, 2026. Following this, Mr. Suketu Shah resigned from the position of Interim CFO, effective from the close of business hours on May 15, 2026. Result PDF