Broker's Call: Bajaj Electricals (Add)
Centrum Broking03-02-2023
BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30 (read with Schedule III) to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations'), we wish to inform you that Bajaj Electricals Limited (the 'Company') will participate in 'Axis Capital's India Conference', an investor conference organised by Axis Capital Limited, which is scheduled to be held from February 7-9, 2023 at Hotel Trident BKC, Mumbai. The Company will participate in the said conference on Tuesday, February 7, 2023.03-02-2023
BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of the 'Q3FY23 Earnings Conference Call' (i.e., Post Earnings/Quarterly Call) of Bajaj Electricals Limited02-02-2023
Bajaj Electricals net up 27% in Q3
Rural demand continues to be weak, but the company expects it to pick up in the coming months02-02-2023
BAJAJ ELECTRICALS LTD.-$ - 500031 - Presentation On The Financial Results Of Bajaj Electricals Limited ('The Company') For The Third Quarter And Nine Months Period Ended December 31, 2022
The presentation on the Financial Results of the Company for the third quarter and nine months period ended December 31, 2022, is enclosed herewith. We request you to take it on records.02-02-2023
Q3FY23 Quarterly Result Announced for Bajaj Electricals Ltd.
Bajaj Electricals announced Q3FY23 results: Q3FY23: The company has achieved revenue from operations of Rs 1,484 crore. as against Rs 1,320 crore, a growth of 12% over the third quarter of the previous year. In the quarter, the company made a profit before tax and profit after tax of Rs 83 crore and Rs 61 crore respectively, as against profit before tax and profit after tax of Rs 66 crore and Rs 48 crore respectively, in the corresponding quarter of the previous year. During the quarter, the Consumer Products (CP) segment of the company has earned total revenue of Rs 1,039 crore as against Rs 950 crore a growth of 9% over the corresponding quarter of the previous year CP recorded an EBIT of Rs 78 crore as against Rs 91 crore in the corresponding quarter of the previous year. CP operating margins are at 7.5%. The Lighting Solutions (LS) segment of the company has earned total revenue of Rs 270 crore as against Rs 276 crore a de-growth of 2% over the corresponding quarter of the previous year. LS recorded an EBIT of Rs 17 crore as against Rs 10 crore in the corresponding quarter of the previous year. LS operating margins are at 6.4%. The EPC segment has achieved total revenue of Rs 175 crore as against Rs 94 crore registering a growth of 87% over the corresponding quarter of the previous year. EPC recorded a profit of Rs 1 crore as against a loss of Rs 9 crore in the corresponding quarter of the previous year. 9MFY23: The company generated positive cashflow from operations of Rs 375 crore cash equivalents and surplus investments are at Rs 380 crore. Mr. Shekhar Bajaj, Chairman of Bajaj Electricals Limited, said “Consumer Products revenues have crossed Rs 1,000 crore for the quarter, which has helped achieve a PBT growth of 25.2%, in a tough market. EPC has delivered positive EBIT for the current quarter coupled with a strong focus on a collection of receivables.” Result PDF02-02-2023
BAJAJ ELECTRICALS LTD.-$ - 500031 - Grant Of 22,500 Stock Options Under Employee Stock Option Scheme 2015
We wish to inform you that the Nomination and Remuneration Committee of the Board of Directors of Bajaj Electricals Limited ('Company'), at its Meeting held today i.e., on February 2, 2023, has approved grant of 22,500 Stock Options under the Company's Employee Stock Option Scheme 2015 ('ESOP Scheme 2015') to 3 eligible employees at a price of Rs. 1148.00 per option, being the closing market price of the Company's equity share on the National Stock Exchange of India Limited, where the traded volume in the Company's shares was higher on February 1, 2023, i.e., the date previous to the date of the Committee Meeting. The Stock Options granted are within the Plan Size of 30,27,073 Stock Options as available under the Company's ESOP Scheme 2015. These options will vest in favour of the grantees over a period of 4 years from the date of grant i.e., February 2, 2023.02-02-2023
BAJAJ ELECTRICALS LTD.-$ - 500031 - Board Meeting Outcome for Outcome Of The Board Meeting Of Bajaj Electricals Limited (The 'Company') Held Today I.E., On February 2, 2023 ('Meeting')
A. Unaudited Standalone and Consolidated Financial Results of the Company for the third quarter and nine months period ended December 31, 2022; B. Allotment of 19 New Equity Shares of the Company, in accordance with the Scheme of Merger by Absorption of Starlite Lighting Limited ('Transferor Company') with the Company ('Scheme') under sections 230-232 of the Companies Act, 2013.02-02-2023
BAJAJ ELECTRICALS LTD.-$ - 500031 - Outcome Of The Board Meeting Of Bajaj Electricals Limited (The 'Company') Held Today I.E., On February 2, 2023
A. Unaudited Standalone and Consolidated Financial Results of the Company for the third quarter and nine months period ended December 31, 2022; B. Allotment of 19 New Equity Shares of the Company, in accordance with the Scheme of Merger by Absorption of Starlite Lighting Limited ('Transferor Company') with the Company ('Scheme') under sections 230-232 of the Companies Act, 2013.02-02-2023
BAJAJ ELECTRICALS LTD.-$ - 500031 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding loss of share certificate for folio no. F00062.30-01-2023