1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Manufacturers
Bajaj Auto Limited

Bajaj Auto Limited

BAJAJ-AUTO.BO
Bajaj Auto LimitedIN flagBombay Stock Exchange
10,154.05
INR
+0.70
- -
2.84TMarket Cap
Bajaj Auto Limited
BAJAJ-AUTO.BO
(Bombay Stock Exchange)

Recent

price

10,154.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
550.42
654.72
675.04
681.7
729.31
765.52
738.63
853.6
1,021.79
1,006.39
938.06
1,111.41
1,240.91
1,548.74
1,765.19
2,163.64
2,162.83
Revenue per Share
118.59
105.24
108.26
116.82
104.56
140.35
140.98
145.8
170.29
180.18
167.92
213.24
212.48
272.67
262.44
384.96
384.82
Basic EPS, GAAP
56.65
112.19
76.66
121.01
73.05
127.51
106.02
143.25
80.29
123.33
99.43
126.11
147.37
206.76
-79.51
72.96
- -
Free Cash Flow per Basic Share
19.96
39.89
44.91
44.98
49.94
98.93
5.97
54.89
59.99
179.6
0.3
140.03
141.9
140.09
80.09
209.77
- -
Dividend per Share
163.23
138.04
180.04
222.55
328.18
331.57
444.14
504.93
578.54
519.93
713.83
771.13
743.83
705.56
887.77
1,058.06
1,057.67
Book Value per Share
153.25
194.05
257.35
324.94
452.04
480.56
614.46
704.29
800.98
746.9
941.28
1,031.81
1,028.41
1,023.52
1,258.21
1,240.94
1,240.48
Tangible Book Value per Share
289
289
289
289
289
289
289
289
289
289
289
289
285
283
279
279
279
Basic Weighted Avg Shares
159,274
189,455
195,334
197,263
211,039
221,517
213,735
247,003
295,672
291,115
271,329
321,360
353,915
437,821
492,670
603,864
603,864
Sales/Revenue/Turnover
19.61
22.56
21.16
20.79
21.17
20.48
21.5
18.4
16.32
16.39
16.84
16.11
17.13
18.89
20.42
21.29
20.56
Operating Margin (%)
1,557
1,467
1,678
1,813
2,675
3,072
3,073
3,148
2,657
2,464
2,594
2,698
2,858
3,648
4,142
6,447
6,447
Depreciation Expense
34,317
30,454
31,327
33,803
30,256
40,612
40,795
42,190
49,276
52,119
48,570
61,659
60,602
77,082
73,247
107,442
107,442
Net Income, GAAP
22.67
25.41
28.46
29.86
31.13
28.49
26.99
28.9
29.16
22.12
22.18
19.42
22.72
23.23
28.35
24.21
24.21
Effective Tax Rate (%)
21.55
16.07
16.04
17.14
14.34
18.33
19.09
17.08
16.67
17.9
17.9
19.19
17.12
17.61
14.87
17.79
17.79
Profit Margin (%)
-8,252
5,181
20,158
8,936
73,229
19,518
62,557
51,394
21,994
23,627
85,441
56,771
43,796
27,476
78,621
147,136
147,136
Working Capital
1,339
975
713
577
1,118
1,179
1,199
1,208
1,245
- -
- -
- -
- -
6,333
60,827
158,080
158,080
LT Debt
48,075
60,819
80,653
101,673
132,338
140,204
178,566
204,253
232,338
216,621
272,734
298,597
293,616
289,624
351,888
402,204
402,204
Total Equity
52.48
55.86
40.68
31.03
25.87
23.4
20.75
16.7
15.53
16.47
14.49
14.56
15.75
20.72
18.81
18
17.39
Return on Invested Capital (%)
104.9
66.7
66.18
57.19
37.62
42.05
35.98
30.46
31.21
32.69
27.25
28.75
28
36.11
27.28
26.95
26.95
Return on Capital (%)
140.98
69.86
68.07
58.03
37.97
42.55
36.35
30.72
31.43
32.8
27.22
28.72
27.86
37.45
32.76
39.57
39.57
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
121,039
- -
68,318
LT Borrowings
74,607
- -
153,389
LT Finance Leases
- -
- -
4,691
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
279
- -
279
Market Capitalization
2,421,049
2,607,697
2,450,446

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
211,685
- -
340,517
Cash, Cash Equivalents & STI
96,638
- -
110,936
Accounts Receivable, Net
30,992
- -
34,734
Inventories
21,456
- -
62,945
Total Current Liabilities
225,161
- -
193,382
Payables & Accruals
- -
- -
- -
ST Debt
121,039
- -
68,318
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.69%
8.45%
14.3%
Free Cash Flow
-24.01%
-49.72%
-191.76%
Net Income, GAAP
11.38%
18.83%
46.68%
Sales/Revenue/Turnover
11.08%
17.48%
22.57%
Total Cash Common Dividend
4,723.03%
9,279.25%
161.91%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
100,555
105,847
118,921
112,498
437,821
2025
115,580
128,155
126,890
122,045
492,670
2026
126,466
152,536
153,782
171,080
603,864

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
58.1
71.4
71.9
- -
272.67
2025
69.6
49.7
78.7
64.6
262.44
2026
79.2
76
98.5
131.1
384.96

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
140.09
2025
- -
- -
- -
- -
80.09
2026
- -
- -
- -
- -
209.77
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Business
Bajaj Auto Limited manufactures and sells motorcycles, scooters, three-wheelers and quadricycles. The company produces a wide range of motorcycles including the Pulsar series (N125, NS400Z, N250, 220F, RS200, NS200, NS160, N160, 150, NS125, 125), Dominar (400, 250), Avenger (220 Cruise, 160 Street), Platina (110 Drum, 100), CT 110X and the CNG-powered Freedom 125 NG04 series; scooters under the Chetak electric brand; three-wheelers under RE and Maxima brands for passenger and cargo transport; and the Qute quadricycle. Bajaj Auto operates manufacturing facilities in Chakan, Waluj, Pantnagar and Akurdi (R&D centre) in India, exporting to over 75 countries across Latin America, Africa, the Middle East, Asia and Europe, with a focus on emerging markets and premium segments through partnerships. Founded in 1945 and headquartered in Pune, Maharashtra, the company is a flagship of the Bajaj Group. In 2025, Bajaj Auto advances its control over KTM AG through its subsidiary Bajaj Auto International Holdings BV, providing an €800 million debt package and acquiring a majority stake in KTM's parent Pierer Bajaj AG to increase effective ownership from 37% to 75%, supporting KTM's restructuring, governance overhaul and synergies in R&D, manufacturing and India operations; Bajaj Auto Credit Limited, its financing arm, approves ₹8,750 crore fundraising via NCDs, commercial papers and subordinated debt, alongside a planned ₹1,500 crore equity infusion from the parent; and expands electric vehicle offerings with Chetak scooter production ramp-up, improved magnet supplies and the Riki electric rickshaw rollout targeting 200 Indian cities by year-end.