Bajaj Electricals Limited (BAJAJELEC) - Net Assets
Based on the latest financial reports, Bajaj Electricals Limited (BAJAJELEC) has net assets worth Rs15.94 Billion INR (≈ $172.40 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs42.60 Billion ≈ $460.72 Million USD) and total liabilities (Rs26.66 Billion ≈ $288.31 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how strategically is Bajaj Electricals Limited's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs15.94 Billion |
| % of Total Assets | 37.42% |
| Annual Growth Rate | 8.71% |
| 5-Year Change | -6.51% |
| 10-Year Change | 84.7% |
| Growth Volatility | 38.43 |
Bajaj Electricals Limited - Net Assets Trend (2005–2026)
This chart illustrates how Bajaj Electricals Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see BAJAJELEC stock market capitalisation.
Annual Net Assets for Bajaj Electricals Limited (2005–2026)
The table below shows the annual net assets of Bajaj Electricals Limited from 2005 to 2026. Also explore net asset growth rate of Bajaj Electricals Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs15.94 Billion ≈ $172.40 Million |
-7.59% |
| 2025-03-31 | Rs17.25 Billion ≈ $186.57 Million |
+19.70% |
| 2024-03-31 | Rs14.41 Billion ≈ $155.86 Million |
-24.43% |
| 2023-03-31 | Rs19.07 Billion ≈ $206.26 Million |
+11.85% |
| 2022-03-31 | Rs17.05 Billion ≈ $184.41 Million |
+8.05% |
| 2021-03-31 | Rs15.78 Billion ≈ $170.68 Million |
+17.06% |
| 2020-03-31 | Rs13.48 Billion ≈ $145.81 Million |
+27.68% |
| 2019-03-31 | Rs10.56 Billion ≈ $114.19 Million |
+12.75% |
| 2018-03-31 | Rs9.37 Billion ≈ $101.28 Million |
+8.50% |
| 2017-03-31 | Rs8.63 Billion ≈ $93.34 Million |
+14.94% |
| 2016-03-31 | Rs7.51 Billion ≈ $81.21 Million |
+9.31% |
| 2015-03-31 | Rs6.87 Billion ≈ $74.29 Million |
-3.19% |
| 2014-03-31 | Rs7.10 Billion ≈ $76.74 Million |
-2.61% |
| 2013-03-31 | Rs7.29 Billion ≈ $78.80 Million |
+4.11% |
| 2012-03-31 | Rs7.00 Billion ≈ $75.69 Million |
+14.52% |
| 2011-03-31 | Rs6.11 Billion ≈ $66.09 Million |
+23.61% |
| 2010-03-31 | Rs4.94 Billion ≈ $53.46 Million |
+101.77% |
| 2009-03-31 | Rs2.45 Billion ≈ $26.50 Million |
-76.96% |
| 2008-03-31 | Rs10.63 Billion ≈ $115.00 Million |
+6.23% |
| 2007-03-31 | Rs10.01 Billion ≈ $108.26 Million |
+102.21% |
| 2006-03-31 | Rs4.95 Billion ≈ $53.54 Million |
+79.51% |
| 2005-03-31 | Rs2.76 Billion ≈ $29.82 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bajaj Electricals Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 275703700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.76 Billion | 17.29% |
| Common Stock | Rs230.80 Million | 1.45% |
| Other Components | Rs12.95 Billion | 81.26% |
| Total Equity | Rs15.94 Billion | 100.00% |
Bajaj Electricals Limited Competitors by Market Cap
The table below lists competitors of Bajaj Electricals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Voxel S.A.
WAR:VOX
|
$409.87 Million |
|
MCI Management SA
WAR:MCI
|
$410.04 Million |
|
Eupraxia Pharmaceuticals Inc
TO:EPRX
|
$410.35 Million |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
$410.36 Million |
|
Cooper Stnd
NYSE:CPS
|
$409.79 Million |
|
Tokmanni Group Oyj
HE:TOKMAN
|
$409.78 Million |
|
Jiangsu Flag Chemical Industry Co Ltd
SHE:300575
|
$409.72 Million |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
$409.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bajaj Electricals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 17,251,200,000 to 15,941,800,000, a change of -1,309,400,000 (-7.6%).
- Net loss of 908,600,000 reduced equity.
- Dividend payments of 346,100,000 reduced retained earnings.
- New share issuances of 8,500,000 increased equity.
- Other comprehensive income decreased equity by 6,597,980,000.
- Other factors increased equity by 6,534,780,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-908.60 Million | -5.7% |
| Dividends Paid | Rs346.10 Million | -2.17% |
| Share Issuances | Rs8.50 Million | +0.05% |
| Other Comprehensive Income | Rs-6.60 Billion | -41.39% |
| Other Changes | Rs6.53 Billion | +40.99% |
| Total Change | Rs- | -7.59% |
Book Value vs Market Value Analysis
This analysis compares Bajaj Electricals Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.64x to 2.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs16.72 | Rs328.40 | x |
| 2006-03-31 | Rs26.39 | Rs328.40 | x |
| 2007-03-31 | Rs78.96 | Rs328.40 | x |
| 2008-03-31 | Rs123.04 | Rs328.40 | x |
| 2009-03-31 | Rs27.36 | Rs328.40 | x |
| 2010-03-31 | Rs53.53 | Rs328.40 | x |
| 2011-03-31 | Rs61.20 | Rs328.40 | x |
| 2012-03-31 | Rs69.65 | Rs328.40 | x |
| 2013-03-31 | Rs70.25 | Rs328.40 | x |
| 2014-03-31 | Rs70.19 | Rs328.40 | x |
| 2015-03-31 | Rs66.41 | Rs328.40 | x |
| 2016-03-31 | Rs74.33 | Rs328.40 | x |
| 2017-03-31 | Rs85.19 | Rs328.40 | x |
| 2018-03-31 | Rs89.47 | Rs328.40 | x |
| 2019-03-31 | Rs101.97 | Rs328.40 | x |
| 2020-03-31 | Rs129.65 | Rs328.40 | x |
| 2021-03-31 | Rs137.69 | Rs328.40 | x |
| 2022-03-31 | Rs150.41 | Rs328.40 | x |
| 2023-03-31 | Rs165.56 | Rs328.40 | x |
| 2024-03-31 | Rs125.02 | Rs328.40 | x |
| 2025-03-31 | Rs149.58 | Rs328.40 | x |
| 2026-03-31 | Rs138.26 | Rs328.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bajaj Electricals Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.04%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.67x
- Recent ROE (-5.70%) is below the historical average (10.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 20.19% | 40.84% | 0.10x | 5.16x | Rs281.11 Million |
| 2006 | 7.61% | 19.20% | 0.09x | 4.48x | Rs-118.19 Million |
| 2007 | 4.72% | 13.94% | 0.10x | 3.54x | Rs-528.83 Million |
| 2008 | 1.89% | 4.00% | 0.13x | 3.62x | Rs-862.17 Million |
| 2009 | 36.47% | 5.05% | 1.70x | 4.25x | Rs648.44 Million |
| 2010 | 25.34% | 5.62% | 1.65x | 2.73x | Rs758.36 Million |
| 2011 | 23.70% | 5.29% | 1.55x | 2.89x | Rs837.48 Million |
| 2012 | 16.84% | 3.81% | 1.59x | 2.79x | Rs478.93 Million |
| 2013 | 7.03% | 1.51% | 1.57x | 2.96x | Rs-216.56 Million |
| 2014 | -0.75% | -0.13% | 1.50x | 3.79x | Rs-762.67 Million |
| 2015 | -2.03% | -0.33% | 1.50x | 4.12x | Rs-826.49 Million |
| 2016 | 12.71% | 2.08% | 1.59x | 3.83x | Rs203.58 Million |
| 2017 | 11.84% | 2.41% | 1.38x | 3.56x | Rs158.58 Million |
| 2018 | 8.93% | 1.78% | 1.35x | 3.70x | Rs-100.16 Million |
| 2019 | 14.81% | 2.36% | 1.28x | 4.90x | Rs508.03 Million |
| 2020 | -0.69% | -0.19% | 1.08x | 3.39x | Rs-1.44 Billion |
| 2021 | 12.07% | 4.16% | 1.07x | 2.70x | Rs327.24 Million |
| 2022 | 7.42% | 2.67% | 1.21x | 2.31x | Rs-446.39 Million |
| 2023 | 11.34% | 4.44% | 1.04x | 2.45x | Rs254.62 Million |
| 2024 | 9.09% | 2.84% | 1.21x | 2.66x | Rs-130.47 Million |
| 2025 | 7.71% | 2.75% | 1.14x | 2.45x | Rs-395.12 Million |
| 2026 | -5.70% | -2.04% | 1.05x | 2.67x | Rs-2.50 Billion |
Industry Comparison
This section compares Bajaj Electricals Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $6,424,912,161
- Average return on equity (ROE) among peers: 15.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bajaj Electricals Limited (BAJAJELEC) | Rs15.94 Billion | 20.19% | 1.67x | $409.82 Million |
| Archidply Decor Limited (ADL) | $507.52 Million | 0.06% | 0.56x | $4.28 Million |
| Airo Lam limited (AIROLAM) | $152.58 Million | 10.96% | 3.11x | $13.66 Million |
| Amber Enterprises India Limited (AMBER) | $17.73 Billion | 6.16% | 1.77x | $2.66 Billion |
| AVRO INDIA LIMITED (AVROIND) | $132.77 Million | 8.55% | 0.48x | $11.11 Million |
| Borosil Limited (BOROLTD) | $6.29 Billion | 3.15% | 0.05x | $321.16 Million |
| Butterfly Gandhimathi Appliances Limited (BUTTERFLY) | $756.18 Million | 40.21% | 2.84x | $112.20 Million |
| CARYSIL LIMITED (CARYSIL) | $280.86 Million | 17.21% | 1.80x | $346.60 Million |
| Cello World Limited (CELLO) | $24.08 Billion | 14.07% | 0.10x | $782.45 Million |
| Crompton Greaves Consumer Electricals Limited (CROMPTON) | $7.90 Billion | 41.01% | 2.07x | $1.57 Billion |
About Bajaj Electricals Limited
Bajaj Electricals Limited engages in the provision of consumer products and lighting solutions in India. It offers fans, such as ceiling, table, tower, and personal fan; home appliances comprising water heater, air cooler, room heater, and irons; kitchen appliances, including mixer grinder, juicer, stand mixer, hand blender, food processor, air fryer, and kettle; cooking essentials which consists… Read more