Bajaj Electricals Limited - Due diligence report

A 360° intelligence report on Bajaj Electricals: trust score, financial health, credit view, compliance, directors, growth and distress sign…

1938-07-14 Mumbai, Maharashtra Active Listed Active Compliant
BE Bajaj Electricals Limited
Full Due-Diligence Report + Documents
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  • Director details, charges & MCA documents
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Bajaj Electricals — 360° Intelligence Report

Generated from MCA filings & public records
70/100
Trust Score
Moderate

Bajaj Electricals is assessed as Moderate with a Trust Score of 70/100. Bajaj Electricals is an active public limited indian non-government company incorporated in 1938, operating in the Consumer Electronics & Durables sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Bajaj Electricals Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
70/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
80/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (A1).

Charges position: 1 open (3,080.00 cr) · 24 satisfied (3,205.87 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Sbicap Trustee Company Limited2 48.0 cr
State Bank Of Bikaner And Jaipur5 48.0 cr
Idbi Bank Limited3 48.0 cr
Axis Trustee Services Limited1 48.0 cr
Others3 48.0 cr
Standard Chartered Bank1 48.0 cr
Compliance Score: 30/100 Caution Indicated
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Flagged by authority: BSE.
  • Litigation present in 5 court forum(s).
  • Delayed payments to MSME suppliers disclosed (2477 disclosure(s)).
  • 57 active GST registration(s).
Legal cases on record (5)
05

Director Intelligence

Stability score: 80/100
NameDIN / PANDesignationAppointedTenureDIN status
SHAILESH VISHNUBHAI HARIBHAKTI 01234567 Director 01/04/2018 6 yrs Approved
SUDARSHAN SAMPATHKUMAR 01234567 Director 01/04/2018 6 yrs Approved
SHEKHAR BAJAJ 01234567 Director 01/04/2018 6 yrs Approved
POOJA BAJAJ 01234567 Director 01/04/2018 6 yrs Approved
Prashant Dalvi 01234567 Director 01/04/2018 6 yrs Approved
NIRAVNAYAN NIRAJ BAJAJ 01234567 Director 01/04/2018 6 yrs Approved
Ellatch Prasad 01234567 Director 01/04/2018 6 yrs Approved
MADHURKUMAR RAMKRISHNAJI BAJAJ 01234567 Director 01/04/2018 6 yrs Approved
SWATI SHIVANAND SALGAOCAR 01234567 Director 01/04/2018 6 yrs Approved
SAURABH KUMAR 01234567 Director 01/04/2018 6 yrs Approved
VIKRAM TARANATH HOSANGADY 01234567 Director 01/04/2018 6 yrs Approved
Sanjay Sachdeva 01234567 Director 01/04/2018 6 yrs Approved
Sanjay Sachdeva 01234567 Director 01/04/2018 6 yrs Approved
Prashant Anant Dalvi 01234567 Director 01/04/2018 6 yrs Approved
  • 14 directors on the board.
  • No disqualified or deactivated DINs.
  • 9 director exits in 3 years - high churn.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
2
Group entities
3
Capital events
193 allotment(s) · 0 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Bajel Projects Limited Subsidiary Company 74.00%
Nirlep Appliances Private Limited Subsidiary Company 74.00%
Hind Lamps Lmited Associate Company 74.00%

Key managerial personnel: SHEKHAR BAJAJ (Whole-time director) · POOJA BAJAJ (Whole-time director) · Ellatch Prasad (CFO) · Sanjay Sachdeva (CEO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 65 · Distress 80
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Asset base grew 2.1x - capacity expansion.
Net margin improved to 24%.
EPFO headcount growing - hiring signal.
Operating for 88+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
3 director exits within 2 years.
Compliance score is weak (30/100).
1 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 58.63 cr.
5 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence57/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment57/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 3,080.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view75/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
06 Aug 2025
Director ceased
NIRAVNAYAN NIRAJ BAJAJ
17 Jun 2025
Director ceased
Sanjay Sachdeva
12 May 2025
Director appointed
NIRAVNAYAN NIRAJ BAJAJ (Director)
05 May 2025
Director appointed
Sanjay Sachdeva (Ceo)
15 Apr 2025
Director appointed
Sanjay Sachdeva (CEO)
11 Apr 2025
Director ceased
MADHURKUMAR RAMKRISHNAJI BAJAJ
21 Mar 2025
Charge satisfied
Others
06 Aug 2024
Last AGM held
Annual general meeting
05 Jun 2024
Director ceased
SAURABH KUMAR
12 Apr 2024
Charge satisfied
Others
31 Mar 2024
Director ceased
HARSH VARDHAN GOENKA
Director ceased
INDU RANJIT SHAHANI
Latest balance sheet
Filed with ROC
20 Mar 2024
Director appointed
SAURABH KUMAR (Director)
24 Jan 2024
Director ceased
SWATI SHIVANAND SALGAOCAR
10

Key Observations

Auto-generated from the data above
Revenue declined 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Net worth is positive.
14 active director(s) / partner(s); board looks stable and experienced.
57 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 2 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A1 from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 193 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Atlas Copco (India) Private Limited U27106PN1960PTC020566 Dapodi, Pune-411012., Maharashtra, India
Luminous U74899DL1988PTC032019 New Delhi, Delhi, India
Navitasys India Private Limited U31909HR2019FTC078319 Bawal, Haryana, India
Schwing Stetter India U45309TN1998PTC046270 Kancheepuram District, Tamil Nadu, India
Siemens L28920MH1957PLC010839 Mumbai, Maharashtra, India
Denso U74899DL1997PTC089205 New Delhi, Delhi, India
Haier U74140DL2003PTC119101 Delhi, Delhi, India
Daikin U74899DL2000PTC104990 Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Bajaj Electricals before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Bajaj Electricals: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 65/100, margin trends, ownership structure and peer set for Bajaj Electricals - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 70/100, distress signals and MSME payment-delay disclosures - know whether Bajaj Electricals pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (5 case(s) on record), regulatory flags, charge documents trail and director networks for Bajaj Electricals - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Bajaj Electricals an active company?

Bajaj Electricals has MCA status “Active” with a compliance score of 30/100 (Caution Indicated).

Is Bajaj Electricals financially healthy?

Bajaj Electricals has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Bajaj Electricals?

Its overall Trust Score is 70/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Bajaj Electricals?

Promoters hold a majority stake - exact percentages are in the full report. 14 active director(s) are on record.

Does Bajaj Electricals have loans or charges against its assets?

1 open charge(s) are registered against its assets, and 24 earlier charge(s) stand satisfied.

Is Bajaj Electricals up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Bajaj Electricals?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.