Bajaj Electricals Ltd-$ — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Bajaj Electricals reported overall revenue growth of 2.3% in Q1 FY27, with consumer products growing 1.7% and lighting solutions growing 4.4%. EBIT margin improved to 6.6% from 2.5% a year earlier, driven by gross margin expansion and cost efficiency measures. Management attributed the fans category decline to gas shortages and PCB availability issues, while non-summer products and Morphy Richards delivered double-digit growth.
Bajaj Electricals reported a modest Q4 FY26 performance, with the Lighting Solutions vertical delivering 16% revenue growth and 8.7% EBIT margin for the quarter while the Consumer Products vertical reported a loss due to a delayed summer season, geopolitical uncertainty, and input cost pressures. Management said the company entered the wires category during the quarter and ended the year with the Lighting vertical's highest-ever annual EBIT margin of 8.5%. The company closed the year with cash of Rs 934 crores and reported operating cash flow of around Rs 400 crores for the quarter, with the Board recommending a final dividend of Rs 3 per share.