Bajaj Electricals Ltd. Havells India Ltd.

Bajaj Electricals Ltd is an Indian consumer electrical

equipment manufacturing company based in Mumbai,
G M Breweries Ltd, set up in 1981 manufactures and
Maharashtra. It has diversified with interests in
markets Alcoholic Beverages such as Country Liquor
lighting, luminaries, appliances, fans, LPG based
(CL) and Indian-made Foreign Liquor (IMFL)
generators, engineering and projects.

Market Cap 13837 Cr Market Cap 1103 Cr

CMP 1035 Rs CMP 603 Rs

Narration Mar-20 Mar-21 Mar-22 Narration Mar-20 Mar-21 Mar-22

Total Revenue 5,030 4646 4872 Total Revenue 9,541 10,616 14,049
Expenses 5,007 4416 4653 Expenses 8,421 8,935 12,184
Operating Profit 22 229 219 Operating Profit 1,120 1,681 1,865
Other Income 53 73 101 Other Income 112 188 160
Depreciation 68 69 57 Depreciation 218 249 261
Interest 1 2 4 Interest 0 0 0
Profit before Tax 6 231 259 Profit before Tax 1,014 1,620 1,764
Tax 45 83 83 Tax 169 392 409
Net profit -39 149 176 Net profit 846 1,228 1,355

RATIOS: RATIOS:

Net profit Ratio -1% 3% 4% Net profit Ratio 9% 12% 10%

Operating Profit 0% 5% 4% Operating Profit 12% 16% 13%
Cost of Revenue 100% 95% 96% Cost of Revenue 88% 84% 87%
Depriciation to Sales 1.4% 1.5% 1.2% Depriciation to Sales 2.3% 2.3% 1.9%
EBIT 7 233 263 EBIT 1014 1620 1764
EBIT% 0% 5% 5% EBIT% 11% 15% 13%
EBITDA 75 302 320 EBITDA 1232 1869 2025
EBITDA% 1% 7% 7% EBITDA% 13% 18% 14%
EPS 17 20 19 EPS 37 44 51
Price to Earning 16 28 47 Price to Earning 8 10 14

Price 268 560 888 Price 309 417 714

3.3 2.3