Bajaj Consumer Care Ltd (BAJAJCON) — share price & stock analysis

Market cap

₹8,027 Cr

P/E

42.2×

ROE

25.3%

vs own 10-yr valuation

highest ever

Book value / share

₹57.8

EPS (TTM)

₹11.8

10-yr median P/E

21.4×

Revenue (FY26)

₹1,165 Cr

Profit after tax (FY26)

₹190 Cr

Weinstein stage

Stage 2 (50 weeks)

Data as of

1 July 2026

6 of the 6 things we track are currently moving the right way — nearly everything is pulling in the same direction.

Where the levels actually stand: ROCE 31% — a high-quality engine; effectively no debt; margins mid-band. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.

The price went one way, the profits the other

Since Jun 2016, the stock is up 59% while earnings per share fell 24%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps

That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.

Today’s P/E of 42.2× is about the most expensive this stock has ever traded against its own 10-year history.pe_ratio

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (21.4×).

Stage 2: the trend is up, and has been for 50 weeks

Price trends have a life cycle: they base (1), advance (2), top out (3) and decline (4). This chart is in Stage 2: advancing — 50 weeks so far, confirmed.stage

The price sits above its rising 200-day average (₹397 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Beating NIFTY 500 for 58 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

Recovering — profits are climbing off the FY25 low but still below their best

Over 12 years, sales went from ₹665 Cr to ₹1,165 Cr (about 5% a year), and profit from ₹149 Cr to ₹190 Cr.revenuenet_profit

The worst year was FY25 (₹125 Cr). Everything in this story hangs on whether the climb since then continues.net_profit

Sales jumped 31% last quarter — the 5th straight quarter of growth

Mar 26 sales were ₹327 Cr, up 31% on the same quarter last year.revenue

That makes 5 quarters of growth in a row — this is a trend, not a blip.revenue

Margins are widening — 13% → 23% in a year

Of every ₹100 of sales, the company keeps ₹23.4 as operating profit (a year ago it kept ₹12.8).opm_pct

Zoom out and this is the page's quiet hero: annual operating margin bottomed at 13.3% in FY25 and has been rebuilt to 19.0% — that recovery, not sales alone, is what powers the profit growth elsewhere on this page.operating_profit

The gross margin moved the same way (55% → 64%), so this is about input costs and pricing power — the raw-material equation improved.gpm_pctopm_pct

Profit exploded 107% — mostly from keeping more of each sale

Mar 26 profit after tax was ₹64.0 Cr, up 107% year on year.net_profit

Most of the profit becomes cash — but not all

Over the last 5 profitable years, the business reported ₹779 Cr of profit and collected ₹608 Cr of operating cash — about 78% conversion.operating_cash_flownet_profit

The cash cycle is stretching — more money stuck in the pipeline

One rupee now takes about 42 days to go out the door as materials and come back as collected cash — up from 31 days the year before.cash_conversion_cycle

The biggest mover: inventory sitting longer in the warehouse (45 → 52 days).inventory_days

Steady, unhurried investment

The productive asset base has gone from ₹236 Cr (FY14) to ₹298 Cr, with another ₹27.0 Cr of capacity under construction right now.fixed_assetscwip

The build is self-funded: the last 3 years' investing outflow (₹−153 Cr) fits inside the operating cash the business generated (₹378 Cr).investing_cash_flowoperating_cash_flow

Almost no debt — this company cannot be killed by a bad year

For every ₹100 shareholders have put in (and left in), the company has borrowed ₹2 — total borrowings have grown from ₹0.0 Cr to ₹16.0 Cr over the window.borrowings

Every ₹100 kept in the business now earns ₹31 — and the number is rising

Return on capital employed is 31.0% (a year ago: 19.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct

Rising returns on capital while growing is the rarest combination in investing — it means the new projects earn more than the old ones.roce_pct

Promoters are adding — up 3.7 points over 8 quarters

Promoters hold 43.0% (up 3.7 points over 8 quarters). Foreign funds own 16.6%, domestic funds 14.3%.promoters_pctfiis_pctdiis_pct

Institutions buying while the story develops is the market’s quiet vote of confidence — they meet management, you don’t.

Strong on the data — worth the deeper look if the story keeps its promises

The numbers lean positive, and the price already assumes the good news continues.

Best thing in the data: cash generation rising (₹65.0 Cr → ₹197 Cr).operating_cash_flow

Biggest worry: debt moving the wrong way (0.01× → 0.02×).borrowings

One dissent worth hearing: our valuation cycle lens reads negative — “PE at at peak — high risk of contraction. PE at 98th percentile of 10Y range. PE is +90% vs 10Y median. PE change driven by: MIXED. EV/EBITDA significantly abov”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data