Bajaj Electricals Limited has announced its financial results for the quarter and year ended March 31, 2026. Celebrating 100 years of the Bajaj Group, the company declared a final dividend of Rs. 3.00 per share. Alongside performance updates, the Board announced a change in leadership, with Ms. Ashween Anand appointed as the new Chief Financial Officer, succeeding interim CFO Mr. Suketu Shah effective May 16, 2026.
Financial Performance Overview
For the financial year ended March 31, 2026, Bajaj Electricals reported total revenue from operations of Rs. 446,216 lakhs on a standalone basis. The company saw a net loss of Rs. 7,726 lakhs for the year. Despite the challenging market environment, the company maintained its commitment to shareholders by recommending a final dividend of Rs. 3.00 per share, representing 150% of the face value, subject to approval at the 87th Annual General Meeting scheduled for August 6, 2026.
Strategic Growth and Borrowing
To support its future operations and strategic initiatives, the Board has received approval to raise funds through the issuance of securities, including unsecured non-convertible debentures and commercial papers. The total borrowing limit is set at an amount not exceeding Rs. 500 crore, allowing the company the flexibility to optimize its capital structure based on prevailing market conditions.
Management Realignment
Effective May 16, 2026, Ms. Ashween Anand has been appointed as the Chief Financial Officer and Key Managerial Personnel of the Company. Ms. Anand brings over 16 years of extensive experience in finance and strategy, having held leadership roles at major global entities including Tata Starbucks, Mondelez, and Colgate-Palmolive. She succeeds Mr. Suketu Shah, who served as the interim Chief Financial Officer and stepped down at the close of business on May 15, 2026.
Segment Insights
The company continues to focus on its two primary segments: Consumer Products and Lighting Solutions. The Consumer Products segment reported revenue of Rs. 334,265 lakhs for the year, while the Lighting Solutions segment contributed Rs. 111,951 lakhs. These segments remain core to the company’s business model as it enters its second century of operations.
Source: BSE
