Bajaj Auto
Current Price
₹ 10,667
Live Data
About Company
Bajaj Auto, the flagship company of Bajaj Group, is a two-wheeler and three-wheeler manufacturing company that exports to 79 countries across several countries in Latin America, Southeast Asia, and many more. Its headquarter is in Pune, India. It has acquired 48% of the KTM Brand which manufactures sports and super sports two-wheelers, which was 14% in 2007 when the company first acquired KTM. [1]
Financial Ratios
Key fundamental data analysis
Market Cap
₹ 2,98,122 Cr.
Current Price
₹ 10,667
High / Low
₹ 10,785 / 7,858
Stock P/E
27.7
Book Value
₹ 1,389
Dividend Yield
1.41 %
ROCE
28.2 %
ROE
29.1 %
Face Value
₹ 10.0
Analysis
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.3%
- Company has been maintaining a healthy dividend payout of 49.4%
Cons
- Stock is trading at 7.68 times its book value
- Working capital days have increased from 10.4 days to 67.6 days
Quarterly Results
| Metrics | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8929 | 10312 | 10838 | 12165 | 11555 | 11932 | 13247 | 13169 | 12646 | 13133 | 15735 | 16204 | 17832 |
| Expenses | 7272 | 8380 | 8708 | 9750 | 9271 | 9562 | 11174 | 10418 | 10289 | 10340 | 12906 | 12475 | 14757 |
| Operating Profit | 1657 | 1932 | 2130 | 2415 | 2284 | 2370 | 2073 | 2751 | 2358 | 2793 | 2829 | 3730 | 3075 |
| OPM % | 19 | 19 | 20 | 20 | 20 | 20 | 16 | 21 | 19 | 21 | 18 | 23 | 17 |
| Other Income | 595 | 351 | 552 | 356 | 444 | 335 | 399 | 348 | 392 | 509 | 576 | 359 | 1894 |
| Interest | 16 | 12 | 7 | 12 | 30 | 47 | 75 | 120 | 147 | 224 | 287 | 314 | 344 |
| Depreciation | 76 | 87 | 92 | 93 | 93 | 95 | 98 | 102 | 119 | 118 | 119 | 119 | 289 |
| Profit before tax | 2160 | 2184 | 2584 | 2666 | 2606 | 2564 | 2299 | 2876 | 2484 | 2961 | 2999 | 3656 | 4336 |
| Tax % | 21 | 25 | 22 | 24 | 23 | 24 | 40 | 24 | 27 | 25 | 29 | 25 | 19 |
| Net Profit | 1705 | 1644 | 2020 | 2033 | 2011 | 1942 | 1385 | 2196 | 1802 | 2210 | 2122 | 2750 | 3492 |
| EPS in Rs | 60.25 | 58.11 | 71.39 | 71.78 | 72.05 | 69.55 | 49.61 | 78.62 | 64.52 | 79.15 | 75.99 | 98.38 | 131.02 |
Profit & Loss
| Metrics | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21595 | 22574 | 21755 | 25210 | 30358 | 29919 | 27741 | 33145 | 36455 | 44870 | 50995 | 62905 |
| Expenses | 17467 | 17781 | 17326 | 20364 | 25160 | 24809 | 22803 | 27886 | 29991 | 36106 | 41440 | 49844 |
| Operating Profit | 4128 | 4793 | 4429 | 4846 | 5198 | 5109 | 4938 | 5259 | 6465 | 8765 | 9555 | 13061 |
| OPM % | 19 | 21 | 20 | 19 | 17 | 17 | 18 | 16 | 18 | 20 | 19 | 21 |
| Other Income | 228 | 1194 | 1468 | 1404 | 2028 | 1832 | 1570 | 2671 | 1703 | 1700 | 1472 | 2704 |
| Interest | 6 | 1 | 1 | 1 | 4 | 3 | 7 | 9 | 40 | 60 | 389 | 1169 |
| Depreciation | 267 | 307 | 307 | 315 | 266 | 246 | 259 | 270 | 286 | 365 | 414 | 645 |
| Profit before tax | 4083 | 5679 | 5588 | 5933 | 6956 | 6692 | 6241 | 7652 | 7842 | 10040 | 10224 | 13952 |
| Tax % | 31 | 28 | 27 | 29 | 29 | 22 | 22 | 19 | 23 | 23 | 28 | 24 |
| Net Profit | 3026 | 4061 | 4079 | 4219 | 4928 | 5212 | 4857 | 6166 | 6060 | 7708 | 7325 | 10574 |
| EPS in Rs | 104.56 | 140.35 | 140.98 | 145.8 | 170.29 | 180.11 | 167.85 | 213.08 | 214.17 | 276.1 | 262.29 | 384.41 |
| Dividend Payout % | 48 | 39 | 39 | 41 | 35 | 67 | 83 | 66 | 65 | 29 | 80 | 39 |