Bajaj Electricals Profile
Key Indicators
- Authorised Capital ₹ 151.00 Cr
- Paid Up Capital ₹ 23.04 Cr
- Company Age 86 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3,081.24 Cr
- Satisfied Charges ₹ 3,182.79 Cr
- Revenue Growth 12.91%
- Profit Growth 50.17%
- Ebitda 57.41%
- Net Worth 9.89%
- Total Assets 17.48%
About Bajaj Electricals
Bajaj Electricals Limited (BEL) was founded in India on 14 July 1938 and has a glorious history of 86 years and six months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500031 and on the National Stock Exchange(NSE) under BAJAJELEC.
The Corporate was formerly known as Radio Lamp Works Limited. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 151.00 Cr and a paid-up capital of Rs 23.04 Cr.
The company currently has active open charges totaling ₹3,081.24 Cr. The company has closed loans amounting to ₹3,182.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bajaj Electricals Limited India are Anuj Poddar as Ceo, Ellatch Prasad as Cfo, and Prashant Dalvi as Company Secretary. Shailesh Haribhakti, Madhurkumar Bajaj, Rajivnayan Bajaj, and Six other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Bajaj Electricals Limited offer?
Bajaj Electricals Limited offers a wide range of products and services, including Gazebos, Awnings, Canopies & Sheds, Pergola and Shades, Street, Flood and Commercial Lights, Street Lights, Indoor Lights & Lighting Accessories, LED Lamp, Lighting Fixtures, LED Tube Light, Emergency & Safety Light, Post Top Luminaires.
Who are the key members and board of directors at Bajaj Electricals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anuj Poddar  | Managing Director | 30-May-2016 | Current |
| Ellatch Prasad | CFO | 01-Jul-2021 | Current |
| Prashant Dalvi | Company Secretary | 01-Jul-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swati Salgaocar | Director | Current | |
| Sudarshan Sampathkumar | Director | 23-May-2023 | Current |
| Shailesh Haribhakti | Director | 07-Aug-2019 | Current |
| Madhurkumar Bajaj | Director | 28-Nov-1994 | Current |
| Rajivnayan Bajaj | Director | 22-May-2019 | Current |
| Shekhar Bajaj | Director | 01-Nov-2009 | Current |
Financial Performance of Bajaj Electricals.
Bajaj Electricals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.91% increase. The company also saw a substantial improvement in profitability, with a 50.17% increase in profit. The company's net worth moved up by a moderate rise of 9.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bajaj Electricals?
In 2023, Bajaj Electricals had a promoter holding of 62.87% and a public holding of 37.13%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Techfab (India) Industries LimitedSudarshan Sampathkumar is a mutual person
Rapidue Technologies Private LimitedShailesh Haribhakti is a mutual person
Protean Egov Technologies LimitedShailesh Haribhakti is a mutual person
Hind Musafir Agency LimitedShekhar Bajaj is a mutual person
Future Generali India Life Insurance Company LimitedShailesh Haribhakti is a mutual person
Adani Total Gas LimitedShailesh Haribhakti is a mutual person
Charges (Loans)
₹3,081.24 Cr
₹3,182.79 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 3080.00 Cr
- Others : 1.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2023 | Others | ₹1.24 Cr | Open |
| 30 Aug 2010 | Sbicap Trustee Company Limited | ₹3,080.00 Cr | Open |
| 27 Apr 2018 | Standard Chartered Bank | ₹52.00 Cr | Satisfied |
| 09 Jul 2015 | Others | ₹65.00 Cr | Satisfied |
| 25 Mar 2014 | Axis Trustee Services Limited | ₹100.00 Cr | Satisfied |
How Many Employees Work at Bajaj Electricals?
Bajaj Electricals has a workforce of 2674 employees as of May 17, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bajaj Electricals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bajaj Electricals's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
