DSIJ Mindshare

Bajaj Electricals tumbles after weak Q4FY16 numbers

Bajaj Electricals has announced its Q4FY16 results on Monday. The company’s revenue has increased by 3.12 per cent to Rs 1357 crore in Q4FY16 as compared to same period in previous financial year. However, its EBITDA has reduced by 5.55 per cent to Rs 74.33 crore in Q4FY16 on a yearly basis. Bajaj Electricals’ EBITDA margin has contracted by 50 basis points to 5.48 per cent in Q4FY16 as compared to same period in previous fiscal year. The company’s net profit also has decreased by 26.02 per cent to Rs 34.69 crore in Q4FY16 on a yearly basis. Its net profit margin has contracted by 100 basis points to 2.56 per cent in Q4FY16 as compared to same period in previous financial year.

On the yearly front, Bajaj Electricals’ top line has increased by 8.31 per cent to Rs 4612 crore in FY16 on a yearly basis. The company’s EBITDA has increased by almost three times to Rs 259 crore in FY16 as compared to previous financial year. Its EBITDA margin has expanded by 353 basis points to 5.62 per cent in FY16 on a yearly basis. Bajaj Electricals has posted a net profit of Rs 95.61 crore in FY16 against a net loss of Rs 13.95 crore in FY15.

On the segmental revenue front, Bajaj Electricals’ has earned 22.93 per cent from Lighting segment, 43.42 per cent from Consumer Durables segment and remaining 33.63 per cent from Engineering and Projects segment during FY16.

The share price of Bajaj Electricals has declined by 7.52 per cent after declaration of results and is trading at Rs 234.75 on an intraday basis.

Bajaj Electricals is provider of lighting, consumer durables, and engineering and projects products and services. The Company's business segments include: Lighting, which includes lamps, tubes and luminaries; Consumer Durables, which includes appliances and fans; Engineering & Projects, which includes transmission line towers, telecommunications towers, poles and special projects; and Others, which includes die-casting and wind energy.

DSIJ MINDSHARE

Mkt Commentary28-Mar, 2024

Multibaggers28-Mar, 2024

Interviews28-Mar, 2024

Multibaggers28-Mar, 2024

Multibaggers28-Mar, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR