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    500031   INE193E01025

BAJAJ ELECTRICALS LIMITED

(500031)
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Bajaj Electricals Limited Announces Executive Changes

05/25/2021 | 07:13am EST

Bajaj Electricals Limited announced that at the board meeting held on May 25, 2021, the company approved the retirement of Shri Anant Purandare, President and Key Managerial Personnel of the Company, with effect from the close of business hours on June 30, 2021, upon his attaining the age of superannuation; and the appointment of Shri EC Prasad, the existing Vice President ­ Finance and Finance Controller of the Company, as the new Chief Financial Officer and Key Managerial Personnel of the Company with effect from the start of business hours on July 1, 2021. Shri EC Prasad joined the Company in the month of November 2019. Before joining the Company, in his previous role, he was associated with Voltas Limited where he was the Head of Finance for International Operations. In his close to 17 years association with Voltas Limited, he has managed varied responsibilities in multiple areas including Finance & Commercial, Treasury, MIS, Budgeting, Working Capital management, RBI & Banking matters, Taxation, Fund Management, Budgeting & Allocation, Cost and Pricing, Book Closure, Statutory, Internal and Cost Audit, Vendor Management, Pre-Bid & Post-Bid Commercial support and Statutory compliances. Prior to working with Voltas Limited, Shri EC Prasad worked with Emami Paper Mills Limited for close to 6 years.


ę S&P Capital IQ 2021
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Financials
Sales 2022 52 060 M 691 M 691 M
Net income 2022 2 264 M 30,0 M 30,0 M
Net Debt 2022 - - -
P/E ratio 2022 51,6x
Yield 2022 0,44%
Capitalization 117 B 1 561 M 1 558 M
Capi. / Sales 2022 2,26x
Capi. / Sales 2023 1,97x
Nbr of Employees 3 113
Free-Float 36,6%
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Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 1 023,90 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Shekhar Ramkrishna Bajaj Chairman & Managing Director
E. C. Prasad Chief Financial Officer
Ajay Nagle Secretary, EVP, Head-Legal & Compliance Officer
Rajendra Prasad Singh Independent Non-Executive Director
Harsh Vardhan Goenka Independent Non-Executive Director
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