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Bajaj Electricals Posts Rs 67.5 Crore Loss in Q4, Revenue Dips 2%

Bajaj Electricals reported a consolidated net loss of Rs 67.5 crore for Q4 FY26, compared with a net profit of Rs 59.1 crore last year. Revenue from operations declined 2.1% to Rs 1,239.5 crore due to weaker operating performance. The company recommended a final dividend of Rs 3 per share and sought approval to raise up to Rs 500 crore. Shares closed 0.42% higher at Rs 391.30 ahead of the earnings announcement.

Key Points: Bajaj Electricals Q4 Loss: Rs 67.5 Crore, Revenue Slips

  • Net loss of Rs 67.5 crore in Q4 FY26
  • Revenue falls 2.1% to Rs 1,239.5 crore
  • EBITDA drops 28.9%, margin narrows to 6.1%
  • Exceptional loss of Rs 55.58 crore vs gain last year
2 min read

Bajaj Electricals swings to Rs 67.5 crore loss in Q4, revenue slips

Bajaj Electricals swings to Rs 67.5 crore net loss in Q4 FY26 vs profit of Rs 59.1 crore last year. Revenue falls 2.1% to Rs 1,239.5 crore.

"The board recommended a final dividend of Rs 3 per equity share... unchanged from the previous financial year - Bajaj Electricals filing"

Mumbai, May 15

Bajaj Electricals on Friday reported a consolidated net loss of Rs 67.5 crore for the fourth quarter of FY26, compared with a net profit of Rs 59.1 crore in the corresponding quarter last financial year, as weaker operating performance and a sharp reversal in exceptional items weighed on earnings.

The company's revenue from operations declined 2.1 per cent year-on-year to Rs 1,239.5 crore during the March quarter from Rs 1,265.5 crore in the same period of the previous fiscal (Q4 FY25), according to its stock exchange filing.

Operating performance also weakened during the quarter, with EBITDA falling 28.9 per cent to Rs 75.2 crore from Rs 105.8 crore a year earlier.

Consequently, the EBITDA margin narrowed to 6.1 per cent in Q4FY26 compared with 8.4 per cent in the year-ago quarter.

Bajaj Electricals reported an exceptional loss of Rs 55.58 crore in the March quarter, compared with an exceptional gain of Rs 21.37 crore in Q4 FY25.

Despite the weak quarterly performance, the board of directors recommended a final dividend of Rs 3 per equity share with a face value of Rs 2 each for FY26, translating into a 150 per cent payout, unchanged from the previous financial year.

The proposed dividend is subject to shareholder approval at the company's 87th annual general meeting and will be paid on or after August 6, 2026.

The board also approved a proposal to seek shareholders' enabling approval for raising or borrowing up to Rs 500 crore through the issuance of securities, including unsecured non-convertible debentures and commercial papers, in one or more tranches depending on market conditions.

In a separate development, the company announced the appointment of Ashween Anand as chief financial officer with effect from May 16, 2026.

Ahead of the earnings announcement, shares of Bajaj Electricals ended 0.42 per cent higher at Rs 391.30 on the National Stock Exchange of India on Friday.

- IANS

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Reader Comments

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Priya S
Revenue fell just 2%, but the exceptional loss of Rs 55 crore is what really hit them. These one-time items can distort the picture. Let's see if the core business is still strong. Also, raising Rs 500 crore through debentures? That's a big move. Need to watch the debt levels.
V
Vikram M
My father always says, "Bajaj is like old wine, gets better with age." But this quarterly result is disappointing. The company needs to focus on cost control. EBITDA margin dropped from 8.4% to 6.1%—that's a big red flag. I still have faith in the brand though. 🙏
S
Sarah B
Not surprised—consumer durables sector is facing headwinds. I work in retail and sales of appliances have been slow this quarter. But Bajaj's dividend policy is attractive for long-term holders. Let's see if they can bounce back in FY27.
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Rajesh Q
I've been holding Bajaj Electricals for 5 years and the stock has barely moved. This Q4 loss is concerning but not catastrophic. The real test is whether demand picks up this year. Also, new CFO appointment is a positive step. Let's wait and watch.
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Deepak U
The company is still giving 150% dividend despite losses? That's either very confident management or a bit reckless. I'd rather they retained cash to strengthen the balance sheet. But then, retail investors love dividends, so I guess it's a balancing act. 🤔

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