BAJAJ ELECTRICALS LTD.-$ - 500031 - Announcement under Regulation 30 (LODR)-Investor Presentation
Presentation on the Financial Results of Bajaj Electricals Limited for the second quarter and half year ended September 30, 202208-11-2022
08-11-2022
BAJAJ ELECTRICALS LTD.-$ - 500031 - Grant Of 77,500 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 November 8, 2022, has approved grant of 77,500 Stock Options under the Company's Employee Stock Option Scheme 2015 ('ESOP Scheme 2015') to 14 eligible employees at a price of Rs. 1161.90 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 November 7, 2022 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 2015.08-11-2022
Q2FY23 Quarterly Result Announced for Bajaj Electricals Ltd.
Household appliances company Bajaj Electricals announced Q2FY23 results: Q2FY23: The company has achieved revenue from operations of Rs 1,226 crore as against Rs 1,302 crore, a de-growth of 6% over the second quarter of the previous year. The company has made a profit before tax and profit after tax of Rs 84 crore and Rs 62 crore respectively, as against Rs 79 crore and Rs 63 crore in the corresponding quarter of the previous year. The Consumer Products (CP) segment of the company has earned total revenue of Rs 883 crore as against Rs 905 crore, a de-growth of 2% over the corresponding quarter of the previous year. The CP segment recorded an EBIT of Rs 62 crore as against Rs 91 crore in the corresponding quarter of the previous year. CP Operating Margins are at 7%. The Lighting Solutions (LT) segment has earned total revenue of Rs 276 crore as against Rs 286 crore, a de-growth of 4% over the corresponding quarter of the previous year. The LT segment recorded an EBIT of Rs 26 crore as against Rs 18 crore in the corresponding quarter of the previous year. LT Operating Margins are at 9%. The EPC segment has achieved total revenue of Rs 67 crore as against Rs 111 crore, registering a degrowth of 39% over the corresponding quarter of the previous year. EPC recorded a profit of Rs 6 crore as against a loss of Rs 19 crore in the corresponding quarter of the previous year. H1FY23: The company generated positive cashflow of Rs 178 crore from operations. Cash equivalents and surplus investments are at Rs 213 crore. The order book as on October 1, 2022, stands at Rs 1,554 crore, comprising of Rs 1,343 crore for transmission line towers, Rs 11 crore for power distribution and Rs 200 crore for illumination projects. Shekhar Bajaj, Chairman of Bajaj Electricals Ltd, said, “We have delivered a PBT growth of 6% inspite of revenue degrowth and absorption of high cost inventories. EPC has delivered positive EBIT for the current quarter, coupled with strong focus on collection of receivables.” Result PDF08-11-2022
BAJAJ ELECTRICALS LTD.-$ - 500031 - Unaudited Standalone And Consolidated Financial Results Of The Company For The Second Quarter And Half Year Ended September 30, 2022
We enclose herewith: (a) The Unaudited Standalone and Consolidated Financial Results of the Company for the second quarter and half year ended September 30, 2022, along with the Limited Review Reports as provided by the Statutory Auditors thereon, which were approved and taken on record by the Board of Directors of the Company at its meeting held today i.e., on November 8, 2022 ('Meeting'); and (b) Press Release.08-11-2022
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 the Company will participate in the Q2FY23 Earnings Conference Call (i.e. Post Earnings / Quarterly Call), as organised by ICICI Securities Limited on Tuesday, November 8, 2022, at 4:30 P.M. (IST) to discuss the unaudited financial results of the Company for the second quarter and half year ended September 30, 2022, as per details enclosed herewith.31-10-2022
BAJAJ ELECTRICALS LTD.-$ - 500031 - Board Meeting Intimation for Intimintimation Of The Board Meeting
BAJAJ ELECTRICALS LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/11/2022 ,inter alia, to consider and approve Pursuant to the provisions of Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations'), a meeting of the Board of Directors of Bajaj Electricals Limited ('Company') is scheduled to be held on Tuesday, November 8, 2022, inter-alia to consider and approve the unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2022. Further, as per the Company''s Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, the trading window for dealing in the securities of the Company is closed from October 1, 2022, and this closure will end 48 hours after the aforesaid financial results are made public on November 8, 2022.28-10-2022
Bajaj Electricals unveils new brand positioning
This is a large-scale transformation campaign for the brand backed by consumer insights, innovation, and robust R&D capabilities to offer a strong product portfolio to enhance the customer experience18-10-2022
Bajaj Electricals Q2 PAT seen up 43.8% YoY to Rs. 89.9 cr: Yes Securities
Net Sales are expected to increase by 6.9 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs. 1,392.1 crore, according to Yes Securities.14-10-2022
BAJAJ ELECTRICALS LTD.-$ - 500031 - Voting Results Of The Postal Ballot Notice Dated August 12, 2022 - Regulation 44(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended
In terms of Regulation 44(3) of the SEBI Listing Regulations and other applicable provisions, we enclose herewith the Voting Results on the special businesses transacted through the Postal Ballot Notice dated August 12, 2022, ('Notice') along with the Scrutinizer''s Report. Please note that as per Scrutinizer''s Report dated October 13, 2022, issued by Mr Anant B. Khamankar of M/s. Anant B. Khamankar & Co., Practicing Company Secretaries, the Special Resolutions as per the Notice stands passed with the requisite majority on October 12, 2022.13-10-2022
BAJAJ ELECTRICALS LTD.-$ - 500031 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate pursuant to Regulation 74(5) of Securities & Exchange Board of India (Depositories and Participants) Regulations, 201810-10-2022