Bajaj Electricals reports ₹1,240 crore revenue in Q4 FY26, down 2.1% YoY

Business Desk — Mon, 18 May 2026 06:55:09 +0000

Bajaj Electricals Limited reported a revenue of ₹1,240 crore for the fourth quarter of the financial year 2026, marking a 2.1% decrease compared to the same period the previous year. The company’s performance was characterised by a mixed outcome in its segments, with the Lighting Solutions segment experiencing significant growth while the Consumer Products segment faced challenges.

The Lighting Solutions segment saw a robust year-on-year growth of approximately 16%, driven by both Consumer Lighting and Professional Lighting. Conversely, the Consumer Products segment recorded a decline of around 7% year-on-year, despite strong growth in kitchen appliances. This decline was attributed to high channel inventory of summer products.

Bajaj Electricals’ cash position remained healthy, with cash flow from operations amounting to approximately ₹397 crore. The company maintained a strong balance sheet, with cash and cash equivalents and surplus investments totalling around ₹934 crore, and continued to operate with negative working capital.

The Profit & Loss statement for Q4 FY26 highlighted a gross margin of ₹364 crore, down 7.6% from the previous year. Staff costs remained stable at ₹94 crore, while other expenses increased by 10.1% to ₹226 crore. Depreciation and amortisation expenses saw a significant decrease of 21% to ₹33 crore.

Bajaj Electricals also reported exceptional items, including a provision for impairment of goodwill related to the Aurangabad factory amounting to approximately ₹26 crore, and a provision for impairment of moulds and dies, mainly from NEX and Nirlep, totalling around ₹29 crore.

Overall, the company reported a profit before exceptional items and taxes of ₹7 crore, an 86.3% decline from the previous year’s figure of ₹50 crore.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Lighting Solutions | Business Upturn

Bajaj Electricals reports ₹1,240 crore revenue in Q4 FY26, down 2.1% YoY