Share Price and Basic Stock Data
Last Updated: January 15, 2026, 5:47 am
| PEG Ratio | 4.61 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Bajaj Auto Ltd operates within the 2 and 3-wheeler automotive segment, a vital sector in India’s transportation landscape. As of September 2023, the company reported sales of ₹10,838 Cr, demonstrating a consistent upward trend from ₹10,203 Cr in September 2022. This growth trajectory continued into December 2023, where sales rose to ₹12,165 Cr, indicating robust demand dynamics. Over the fiscal year ending March 2025, Bajaj Auto’s sales stood at ₹50,995 Cr, marking a significant increase from ₹36,455 Cr in March 2023. This performance reflects the company’s strategic focus on expanding its market share, particularly in the domestic and export markets. The company’s operational resilience is further underscored by a trailing twelve-month (TTM) revenue of ₹54,683 Cr, positioning it favorably against competitors within the industry. The automotive sector, particularly in India, is projected to witness sustained growth, driven by increasing consumer preferences for personal mobility solutions and the government’s push towards electric vehicle adoption.
Profitability and Efficiency Metrics
Bajaj Auto has showcased remarkable profitability metrics, with a net profit of ₹8,330 Cr and a return on equity (ROE) of 22.8% as reported. The company’s operating profit margin (OPM) stood at 18%, reflecting efficient cost management and operational effectiveness. The operating profit for the fiscal year ending March 2025 was reported at ₹9,555 Cr, an increase from ₹6,465 Cr in March 2023, indicating enhanced operational leverage. Additionally, the company achieved a return on capital employed (ROCE) of 28.1%, which is significantly higher than the typical automotive sector standards, suggesting effective utilization of capital. Bajaj Auto’s interest coverage ratio (ICR) of 30.71x further illustrates its strong capacity to meet interest obligations, providing a buffer against financial distress. However, the company’s net profit margin of 16.15% indicates a need for continuous monitoring of expense management to maintain profitability in a competitive landscape.
Balance Sheet Strength and Financial Ratios
Bajaj Auto’s balance sheet reflects a strong financial foundation, with total assets reported at ₹54,110 Cr and total liabilities at ₹39,344 Cr as of March 2025. The company’s equity capital stood at ₹279 Cr, complemented by reserves of ₹34,909 Cr, highlighting a robust capital structure. The total debt amounted to ₹9,364 Cr, translating to a debt-to-equity ratio of 0.26, which is relatively low compared to industry norms, indicating prudent financial management. The current ratio of 1.68 and quick ratio of 1.50 signify strong liquidity, allowing the company to comfortably meet its short-term obligations. Additionally, Bajaj Auto’s book value per share increased to ₹1,260.07, underscoring its solid asset base. However, the rising borrowings from ₹1,912 Cr in March 2024 to ₹9,364 Cr in March 2025 raises concerns about increasing leverage, which may impact future financial flexibility and operational risk.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Bajaj Auto reveals a stable and diversified ownership structure, with promoters holding 55.04% of the equity as of September 2025. This significant promoter stake reflects strong management commitment and alignment with shareholder interests. Foreign institutional investors (FIIs) accounted for 9.66%, while domestic institutional investors (DIIs) held 12.78%, indicating a healthy level of institutional confidence in the company. The total number of shareholders reached 3,57,666, showcasing growing retail investor participation. However, the slight decline in FII holdings from 14.37% in September 2023 to 9.66% in September 2025 may indicate caution among foreign investors regarding market conditions or company performance. In contrast, the stable DIIs and promoter holdings signal a robust backing for the company, potentially mitigating volatility during market fluctuations.
Outlook, Risks, and Final Insight
Bajaj Auto’s outlook remains predominantly positive, driven by its strong operational performance and efficient capital management. The company is well-positioned to capitalize on emerging trends in electric mobility and the growing demand for personal transportation. Nonetheless, potential risks include rising competition from both traditional and new market entrants, which could pressure margins. Additionally, the increasing borrowings could lead to elevated financial risk if not managed prudently. Furthermore, external factors such as regulatory changes and shifts in consumer preferences may pose challenges. In scenarios where the company maintains its operational efficiency and market position, it could lead to enhanced profitability and shareholder value. Conversely, if competitive pressures and financial leverage are not adequately addressed, it may hinder growth prospects. Overall, Bajaj Auto’s strategic initiatives and market adaptability will be crucial in navigating the evolving automotive landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Hero MotoCorp Ltd | 1,13,576 Cr. | 5,676 | 6,390/3,323 | 21.5 | 1,050 | 2.91 % | 30.3 % | 23.1 % | 2.00 |
| Bajaj Auto Ltd | 2,67,745 Cr. | 9,580 | 9,888/7,088 | 32.1 | 1,224 | 2.19 % | 28.1 % | 22.8 % | 10.0 |
| Atul Auto Ltd | 1,210 Cr. | 436 | 584/407 | 44.8 | 163 | 0.00 % | 6.48 % | 4.99 % | 5.00 |
| TVS Motor Company Ltd | 1,75,326 Cr. | 3,690 | 3,909/2,191 | 67.3 | 171 | 0.27 % | 15.4 % | 28.4 % | 1.00 |
| Eicher Motors Ltd | 2,01,829 Cr. | 7,358 | 7,614/4,644 | 39.5 | 805 | 0.95 % | 29.8 % | 24.1 % | 1.00 |
| Industry Average | 151,937.20 Cr | 5,348.00 | 41.04 | 682.60 | 1.26% | 22.02% | 20.68% | 3.80 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,203 | 9,319 | 8,929 | 10,312 | 10,838 | 12,165 | 11,555 | 11,932 | 13,247 | 13,169 | 12,646 | 13,133 | 15,735 |
| Expenses | 8,453 | 7,561 | 7,272 | 8,380 | 8,708 | 9,750 | 9,271 | 9,562 | 11,174 | 10,418 | 10,289 | 10,340 | 12,906 |
| Operating Profit | 1,750 | 1,757 | 1,657 | 1,932 | 2,130 | 2,415 | 2,284 | 2,370 | 2,073 | 2,751 | 2,358 | 2,793 | 2,829 |
| OPM % | 17% | 19% | 19% | 19% | 20% | 20% | 20% | 20% | 16% | 21% | 19% | 21% | 18% |
| Other Income | 532 | 271 | 595 | 351 | 552 | 356 | 444 | 335 | 399 | 348 | 392 | 509 | 576 |
| Interest | 11 | 8 | 16 | 12 | 7 | 12 | 30 | 47 | 75 | 120 | 147 | 224 | 287 |
| Depreciation | 67 | 75 | 76 | 87 | 92 | 93 | 93 | 95 | 98 | 102 | 119 | 118 | 119 |
| Profit before tax | 2,203 | 1,945 | 2,160 | 2,184 | 2,584 | 2,666 | 2,606 | 2,564 | 2,299 | 2,876 | 2,484 | 2,961 | 2,999 |
| Tax % | 22% | 24% | 21% | 25% | 22% | 24% | 23% | 24% | 40% | 24% | 27% | 25% | 29% |
| Net Profit | 1,719 | 1,473 | 1,705 | 1,644 | 2,020 | 2,033 | 2,011 | 1,942 | 1,385 | 2,196 | 1,802 | 2,210 | 2,122 |
| EPS in Rs | 59.42 | 52.05 | 60.25 | 58.11 | 71.39 | 71.78 | 72.05 | 69.55 | 49.61 | 78.62 | 64.52 | 79.15 | 75.99 |
Last Updated: January 2, 2026, 8:31 am
Below is a detailed analysis of the quarterly data for Bajaj Auto Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 15,735.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,133.00 Cr. (Jun 2025) to 15,735.00 Cr., marking an increase of 2,602.00 Cr..
- For Expenses, as of Sep 2025, the value is 12,906.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 10,340.00 Cr. (Jun 2025) to 12,906.00 Cr., marking an increase of 2,566.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 2,829.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,793.00 Cr. (Jun 2025) to 2,829.00 Cr., marking an increase of 36.00 Cr..
- For OPM %, as of Sep 2025, the value is 18.00%. The value appears to be declining and may need further review. It has decreased from 21.00% (Jun 2025) to 18.00%, marking a decrease of 3.00%.
- For Other Income, as of Sep 2025, the value is 576.00 Cr.. The value appears strong and on an upward trend. It has increased from 509.00 Cr. (Jun 2025) to 576.00 Cr., marking an increase of 67.00 Cr..
- For Interest, as of Sep 2025, the value is 287.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 224.00 Cr. (Jun 2025) to 287.00 Cr., marking an increase of 63.00 Cr..
- For Depreciation, as of Sep 2025, the value is 119.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 118.00 Cr. (Jun 2025) to 119.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 2,999.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,961.00 Cr. (Jun 2025) to 2,999.00 Cr., marking an increase of 38.00 Cr..
- For Tax %, as of Sep 2025, the value is 29.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Jun 2025) to 29.00%, marking an increase of 4.00%.
- For Net Profit, as of Sep 2025, the value is 2,122.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,210.00 Cr. (Jun 2025) to 2,122.00 Cr., marking a decrease of 88.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 75.99. The value appears to be declining and may need further review. It has decreased from 79.15 (Jun 2025) to 75.99, marking a decrease of 3.16.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:36 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 20,137 | 21,595 | 22,574 | 21,755 | 25,210 | 30,358 | 29,919 | 27,741 | 33,145 | 36,455 | 44,870 | 50,995 | 54,683 |
| Expenses | 15,974 | 17,467 | 17,781 | 17,326 | 20,364 | 25,160 | 24,809 | 22,803 | 27,886 | 29,991 | 36,106 | 41,440 | 43,953 |
| Operating Profit | 4,163 | 4,128 | 4,793 | 4,429 | 4,846 | 5,198 | 5,109 | 4,938 | 5,259 | 6,465 | 8,765 | 9,555 | 10,730 |
| OPM % | 21% | 19% | 21% | 20% | 19% | 17% | 17% | 18% | 16% | 18% | 20% | 19% | 20% |
| Other Income | 674 | 228 | 1,194 | 1,468 | 1,404 | 2,028 | 1,832 | 1,570 | 2,671 | 1,703 | 1,700 | 1,472 | 1,825 |
| Interest | 1 | 6 | 1 | 1 | 1 | 4 | 3 | 7 | 9 | 40 | 60 | 389 | 777 |
| Depreciation | 181 | 267 | 307 | 307 | 315 | 266 | 246 | 259 | 270 | 286 | 365 | 414 | 457 |
| Profit before tax | 4,655 | 4,083 | 5,679 | 5,588 | 5,933 | 6,956 | 6,692 | 6,241 | 7,652 | 7,842 | 10,040 | 10,224 | 11,320 |
| Tax % | 31% | 31% | 28% | 27% | 29% | 29% | 22% | 22% | 19% | 23% | 23% | 28% | |
| Net Profit | 3,380 | 3,026 | 4,061 | 4,079 | 4,219 | 4,928 | 5,212 | 4,857 | 6,166 | 6,060 | 7,708 | 7,325 | 8,330 |
| EPS in Rs | 116.82 | 104.56 | 140.35 | 140.98 | 145.80 | 170.29 | 180.11 | 167.85 | 213.08 | 214.17 | 276.10 | 262.29 | 298.28 |
| Dividend Payout % | 43% | 48% | 39% | 39% | 41% | 35% | 67% | 83% | 66% | 65% | 29% | 80% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -10.47% | 34.20% | 0.44% | 3.43% | 16.80% | 5.76% | -6.81% | 26.95% | -1.72% | 27.19% | -4.97% |
| Change in YoY Net Profit Growth (%) | 0.00% | 44.68% | -33.76% | 2.99% | 13.37% | -11.04% | -12.57% | 33.76% | -28.67% | 28.91% | -32.16% |
Bajaj Auto Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 11% |
| 3 Years: | 15% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 10% |
| TTM: | -5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 26% |
| 3 Years: | 32% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 22% |
| 3 Years: | 23% |
| Last Year: | 23% |
Last Updated: September 5, 2025, 12:15 am
Balance Sheet
Last Updated: December 4, 2025, 1:00 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 289 | 289 | 289 | 289 | 289 | 289 | 289 | 289 | 289 | 283 | 279 | 279 | 279 |
| Reserves | 9,878 | 10,806 | 13,731 | 17,567 | 20,136 | 22,944 | 21,373 | 26,984 | 29,570 | 29,079 | 28,683 | 34,909 | 33,891 |
| Borrowings | 59 | 112 | 118 | 120 | 121 | 125 | 126 | 121 | 123 | 124 | 1,912 | 9,364 | 19,693 |
| Other Liabilities | 5,081 | 4,758 | 3,102 | 3,661 | 4,595 | 5,476 | 4,722 | 6,207 | 5,129 | 5,651 | 8,470 | 9,557 | 11,593 |
| Total Liabilities | 15,308 | 15,966 | 17,240 | 21,638 | 25,141 | 28,834 | 26,510 | 33,602 | 35,111 | 35,136 | 39,344 | 54,110 | 65,456 |
| Fixed Assets | 2,660 | 2,448 | 2,026 | 2,002 | 1,878 | 1,764 | 1,699 | 1,668 | 1,836 | 2,842 | 3,217 | 3,677 | 3,661 |
| CWIP | 144 | 255 | 52 | 42 | 56 | 48 | 60 | 16 | 77 | 85 | 35 | 61 | 58 |
| Investments | 8,448 | 8,985 | 11,067 | 15,477 | 18,895 | 20,603 | 19,914 | 24,687 | 26,634 | 26,183 | 28,087 | 28,914 | 28,973 |
| Other Assets | 4,056 | 4,277 | 4,095 | 4,117 | 4,312 | 6,420 | 4,837 | 7,232 | 6,564 | 6,026 | 8,005 | 21,459 | 32,764 |
| Total Assets | 15,308 | 15,966 | 17,240 | 21,638 | 25,141 | 28,834 | 26,510 | 33,602 | 35,111 | 35,136 | 39,344 | 54,110 | 65,456 |
Below is a detailed analysis of the balance sheet data for Bajaj Auto Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 279.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 279.00 Cr..
- For Reserves, as of Sep 2025, the value is 33,891.00 Cr.. The value appears to be declining and may need further review. It has decreased from 34,909.00 Cr. (Mar 2025) to 33,891.00 Cr., marking a decrease of 1,018.00 Cr..
- For Borrowings, as of Sep 2025, the value is 19,693.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 9,364.00 Cr. (Mar 2025) to 19,693.00 Cr., marking an increase of 10,329.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 11,593.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9,557.00 Cr. (Mar 2025) to 11,593.00 Cr., marking an increase of 2,036.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 65,456.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 54,110.00 Cr. (Mar 2025) to 65,456.00 Cr., marking an increase of 11,346.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 3,661.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,677.00 Cr. (Mar 2025) to 3,661.00 Cr., marking a decrease of 16.00 Cr..
- For CWIP, as of Sep 2025, the value is 58.00 Cr.. The value appears to be declining and may need further review. It has decreased from 61.00 Cr. (Mar 2025) to 58.00 Cr., marking a decrease of 3.00 Cr..
- For Investments, as of Sep 2025, the value is 28,973.00 Cr.. The value appears strong and on an upward trend. It has increased from 28,914.00 Cr. (Mar 2025) to 28,973.00 Cr., marking an increase of 59.00 Cr..
- For Other Assets, as of Sep 2025, the value is 32,764.00 Cr.. The value appears strong and on an upward trend. It has increased from 21,459.00 Cr. (Mar 2025) to 32,764.00 Cr., marking an increase of 11,305.00 Cr..
- For Total Assets, as of Sep 2025, the value is 65,456.00 Cr.. The value appears strong and on an upward trend. It has increased from 54,110.00 Cr. (Mar 2025) to 65,456.00 Cr., marking an increase of 11,346.00 Cr..
Notably, the Reserves (33,891.00 Cr.) exceed the Borrowings (19,693.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -55.00 | -108.00 | -114.00 | -116.00 | -117.00 | -120.00 | -121.00 | -117.00 | -118.00 | -118.00 | 7.00 | 0.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14 | 12 | 12 | 16 | 22 | 31 | 21 | 36 | 17 | 18 | 17 | 15 |
| Inventory Days | 17 | 20 | 17 | 18 | 16 | 16 | 18 | 28 | 18 | 22 | 19 | 22 |
| Days Payable | 56 | 43 | 49 | 56 | 68 | 63 | 56 | 85 | 54 | 58 | 64 | 66 |
| Cash Conversion Cycle | -24 | -11 | -20 | -22 | -31 | -17 | -16 | -22 | -19 | -18 | -28 | -29 |
| Working Capital Days | -34 | -22 | -4 | -2 | -21 | -4 | -9 | -0 | -3 | -9 | -30 | -6 |
| ROCE % | 50% | 40% | 45% | 35% | 31% | 30% | 30% | 25% | 23% | 27% | 34% | 28% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Flexi Cap Fund | 2,000,000 | 1.93 | 1814.7 | N/A | N/A | N/A |
| HDFC Large Cap Fund | 1,195,927 | 2.67 | 1085.12 | N/A | N/A | N/A |
| SBI Contra Fund | 651,816 | 1.19 | 591.43 | N/A | N/A | N/A |
| HDFC Focused Fund | 600,000 | 2.08 | 544.41 | N/A | N/A | N/A |
| HDFC ELSS Tax Saver Fund | 475,000 | 2.5 | 430.99 | 385,000 | 2025-12-08 01:28:36 | 23.38% |
| ICICI Prudential Large Cap Fund | 438,370 | 0.51 | 397.76 | 289,700 | 2025-12-15 01:15:58 | 51.32% |
| Aditya Birla Sun Life Large Cap Fund | 410,218 | 1.18 | 372.21 | N/A | N/A | N/A |
| ICICI Prudential Multi Asset Fund | 393,869 | 0.48 | 357.38 | N/A | N/A | N/A |
| HDFC Balanced Advantage Fund | 391,786 | 0.33 | 355.49 | N/A | N/A | N/A |
| Aditya Birla Sun Life Flexi Cap Fund | 311,078 | 1.14 | 282.26 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 262.40 | 272.70 | 212.50 | 213.20 | 167.90 |
| Diluted EPS (Rs.) | 262.00 | 272.70 | 212.50 | 213.20 | 167.90 |
| Cash EPS (Rs.) | 309.91 | 279.58 | 205.57 | 202.37 | 166.22 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1260.07 | 1037.41 | 1037.66 | 1031.89 | 942.51 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1260.07 | 1037.41 | 1037.66 | 1031.89 | 942.51 |
| Revenue From Operations / Share (Rs.) | 1826.06 | 1607.22 | 1288.36 | 1145.41 | 958.67 |
| PBDIT / Share (Rs.) | 427.63 | 365.27 | 269.93 | 225.80 | 214.30 |
| PBIT / Share (Rs.) | 412.80 | 352.20 | 259.83 | 216.48 | 205.33 |
| PBT / Share (Rs.) | 391.31 | 350.04 | 258.44 | 244.40 | 205.10 |
| Net Profit / Share (Rs.) | 295.07 | 266.52 | 195.47 | 193.05 | 157.26 |
| NP After MI And SOA / Share (Rs.) | 262.29 | 276.10 | 214.17 | 213.08 | 167.85 |
| PBDIT Margin (%) | 23.41 | 22.72 | 20.95 | 19.71 | 22.35 |
| PBIT Margin (%) | 22.60 | 21.91 | 20.16 | 18.89 | 21.41 |
| PBT Margin (%) | 21.42 | 21.77 | 20.05 | 21.33 | 21.39 |
| Net Profit Margin (%) | 16.15 | 16.58 | 15.17 | 16.85 | 16.40 |
| NP After MI And SOA Margin (%) | 14.36 | 17.17 | 16.62 | 18.60 | 17.50 |
| Return on Networth / Equity (%) | 20.81 | 26.61 | 20.63 | 20.64 | 17.80 |
| Return on Capital Employeed (%) | 27.05 | 32.50 | 24.61 | 20.59 | 21.25 |
| Return On Assets (%) | 13.51 | 19.59 | 17.24 | 17.56 | 14.45 |
| Long Term Debt / Equity (X) | 0.17 | 0.02 | 0.00 | 0.00 | 0.00 |
| Total Debt / Equity (X) | 0.26 | 0.06 | 0.00 | 0.00 | 0.00 |
| Asset Turnover Ratio (%) | 1.09 | 1.20 | 1.10 | 1.01 | 0.95 |
| Current Ratio (X) | 1.68 | 1.30 | 1.83 | 2.21 | 2.51 |
| Quick Ratio (X) | 1.50 | 1.11 | 1.53 | 1.95 | 2.25 |
| Inventory Turnover Ratio (X) | 27.08 | 27.59 | 18.27 | 16.27 | 14.32 |
| Dividend Payout Ratio (NP) (%) | 30.49 | 51.39 | 66.84 | 65.70 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 28.85 | 49.06 | 63.83 | 62.94 | 0.00 |
| Earning Retention Ratio (%) | 69.51 | 48.61 | 33.16 | 34.30 | 0.00 |
| Cash Earning Retention Ratio (%) | 71.15 | 50.94 | 36.17 | 37.06 | 0.00 |
| Interest Coverage Ratio (X) | 30.71 | 168.95 | 193.32 | 754.51 | 931.10 |
| Interest Coverage Ratio (Post Tax) (X) | 22.73 | 124.27 | 140.99 | 551.79 | 684.29 |
| Enterprise Value (Cr.) | 226289.42 | 256137.91 | 109206.95 | 104734.34 | 105709.15 |
| EV / Net Operating Revenue (X) | 4.44 | 5.71 | 3.00 | 3.16 | 3.81 |
| EV / EBITDA (X) | 18.95 | 25.12 | 14.30 | 16.03 | 17.05 |
| MarketCap / Net Operating Revenue (X) | 4.31 | 5.69 | 3.01 | 3.19 | 3.83 |
| Retention Ratios (%) | 69.50 | 48.60 | 33.15 | 34.29 | 0.00 |
| Price / BV (X) | 6.25 | 8.82 | 3.74 | 3.54 | 3.90 |
| Price / Net Operating Revenue (X) | 4.31 | 5.69 | 3.01 | 3.19 | 3.83 |
| EarningsYield | 0.03 | 0.03 | 0.05 | 0.05 | 0.04 |
After reviewing the key financial ratios for Bajaj Auto Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 262.40. This value is within the healthy range. It has decreased from 272.70 (Mar 24) to 262.40, marking a decrease of 10.30.
- For Diluted EPS (Rs.), as of Mar 25, the value is 262.00. This value is within the healthy range. It has decreased from 272.70 (Mar 24) to 262.00, marking a decrease of 10.70.
- For Cash EPS (Rs.), as of Mar 25, the value is 309.91. This value is within the healthy range. It has increased from 279.58 (Mar 24) to 309.91, marking an increase of 30.33.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,260.07. It has increased from 1,037.41 (Mar 24) to 1,260.07, marking an increase of 222.66.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,260.07. It has increased from 1,037.41 (Mar 24) to 1,260.07, marking an increase of 222.66.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,826.06. It has increased from 1,607.22 (Mar 24) to 1,826.06, marking an increase of 218.84.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 427.63. This value is within the healthy range. It has increased from 365.27 (Mar 24) to 427.63, marking an increase of 62.36.
- For PBIT / Share (Rs.), as of Mar 25, the value is 412.80. This value is within the healthy range. It has increased from 352.20 (Mar 24) to 412.80, marking an increase of 60.60.
- For PBT / Share (Rs.), as of Mar 25, the value is 391.31. This value is within the healthy range. It has increased from 350.04 (Mar 24) to 391.31, marking an increase of 41.27.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 295.07. This value is within the healthy range. It has increased from 266.52 (Mar 24) to 295.07, marking an increase of 28.55.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 262.29. This value is within the healthy range. It has decreased from 276.10 (Mar 24) to 262.29, marking a decrease of 13.81.
- For PBDIT Margin (%), as of Mar 25, the value is 23.41. This value is within the healthy range. It has increased from 22.72 (Mar 24) to 23.41, marking an increase of 0.69.
- For PBIT Margin (%), as of Mar 25, the value is 22.60. This value exceeds the healthy maximum of 20. It has increased from 21.91 (Mar 24) to 22.60, marking an increase of 0.69.
- For PBT Margin (%), as of Mar 25, the value is 21.42. This value is within the healthy range. It has decreased from 21.77 (Mar 24) to 21.42, marking a decrease of 0.35.
- For Net Profit Margin (%), as of Mar 25, the value is 16.15. This value exceeds the healthy maximum of 10. It has decreased from 16.58 (Mar 24) to 16.15, marking a decrease of 0.43.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 14.36. This value is within the healthy range. It has decreased from 17.17 (Mar 24) to 14.36, marking a decrease of 2.81.
- For Return on Networth / Equity (%), as of Mar 25, the value is 20.81. This value is within the healthy range. It has decreased from 26.61 (Mar 24) to 20.81, marking a decrease of 5.80.
- For Return on Capital Employeed (%), as of Mar 25, the value is 27.05. This value is within the healthy range. It has decreased from 32.50 (Mar 24) to 27.05, marking a decrease of 5.45.
- For Return On Assets (%), as of Mar 25, the value is 13.51. This value is within the healthy range. It has decreased from 19.59 (Mar 24) to 13.51, marking a decrease of 6.08.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 0.2. It has increased from 0.02 (Mar 24) to 0.17, marking an increase of 0.15.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.26. This value is within the healthy range. It has increased from 0.06 (Mar 24) to 0.26, marking an increase of 0.20.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.09. It has decreased from 1.20 (Mar 24) to 1.09, marking a decrease of 0.11.
- For Current Ratio (X), as of Mar 25, the value is 1.68. This value is within the healthy range. It has increased from 1.30 (Mar 24) to 1.68, marking an increase of 0.38.
- For Quick Ratio (X), as of Mar 25, the value is 1.50. This value is within the healthy range. It has increased from 1.11 (Mar 24) to 1.50, marking an increase of 0.39.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 27.08. This value exceeds the healthy maximum of 8. It has decreased from 27.59 (Mar 24) to 27.08, marking a decrease of 0.51.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 30.49. This value is within the healthy range. It has decreased from 51.39 (Mar 24) to 30.49, marking a decrease of 20.90.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 28.85. This value is within the healthy range. It has decreased from 49.06 (Mar 24) to 28.85, marking a decrease of 20.21.
- For Earning Retention Ratio (%), as of Mar 25, the value is 69.51. This value is within the healthy range. It has increased from 48.61 (Mar 24) to 69.51, marking an increase of 20.90.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 71.15. This value exceeds the healthy maximum of 70. It has increased from 50.94 (Mar 24) to 71.15, marking an increase of 20.21.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 30.71. This value is within the healthy range. It has decreased from 168.95 (Mar 24) to 30.71, marking a decrease of 138.24.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 22.73. This value is within the healthy range. It has decreased from 124.27 (Mar 24) to 22.73, marking a decrease of 101.54.
- For Enterprise Value (Cr.), as of Mar 25, the value is 226,289.42. It has decreased from 256,137.91 (Mar 24) to 226,289.42, marking a decrease of 29,848.49.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.44. This value exceeds the healthy maximum of 3. It has decreased from 5.71 (Mar 24) to 4.44, marking a decrease of 1.27.
- For EV / EBITDA (X), as of Mar 25, the value is 18.95. This value exceeds the healthy maximum of 15. It has decreased from 25.12 (Mar 24) to 18.95, marking a decrease of 6.17.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.31. This value exceeds the healthy maximum of 3. It has decreased from 5.69 (Mar 24) to 4.31, marking a decrease of 1.38.
- For Retention Ratios (%), as of Mar 25, the value is 69.50. This value is within the healthy range. It has increased from 48.60 (Mar 24) to 69.50, marking an increase of 20.90.
- For Price / BV (X), as of Mar 25, the value is 6.25. This value exceeds the healthy maximum of 3. It has decreased from 8.82 (Mar 24) to 6.25, marking a decrease of 2.57.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.31. This value exceeds the healthy maximum of 3. It has decreased from 5.69 (Mar 24) to 4.31, marking a decrease of 1.38.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.03.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bajaj Auto Ltd:
- Net Profit Margin: 16.15%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 27.05% (Industry Average ROCE: 22.02%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 20.81% (Industry Average ROE: 20.68%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 22.73
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.5
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 32.1 (Industry average Stock P/E: 41.04)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.26
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 16.15%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Auto - 2 & 3 Wheelers | Mumbai-Pune Road, Mumbai Maharashtra 411035 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Niraj Bajaj | Chairman |
| Mr. Rajiv Bajaj | Managing Director & CEO |
| Mr. Pradeep Shrivastava | Executive Director |
| Mr. Rakesh Sharma | Executive Director |
| Mr. Abhinav Bindra | Director |
| Mr. Sanjiv Bajaj | Director |
| Ms. Vinita Bali | Director |
| Mr. Anami N Roy | Director |
| Dr. Naushad Forbes | Director |
| Mr. Pradip Shah | Director |
| Dr. Sangita Reddy | Director |
FAQ
What is the intrinsic value of Bajaj Auto Ltd?
Bajaj Auto Ltd's intrinsic value (as of 15 January 2026) is ₹7323.52 which is 23.55% lower the current market price of ₹9,580.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹2,67,745 Cr. market cap, FY2025-2026 high/low of ₹9,888/7,088, reserves of ₹33,891 Cr, and liabilities of ₹65,456 Cr.
What is the Market Cap of Bajaj Auto Ltd?
The Market Cap of Bajaj Auto Ltd is 2,67,745 Cr..
What is the current Stock Price of Bajaj Auto Ltd as on 15 January 2026?
The current stock price of Bajaj Auto Ltd as on 15 January 2026 is ₹9,580.
What is the High / Low of Bajaj Auto Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Bajaj Auto Ltd stocks is ₹9,888/7,088.
What is the Stock P/E of Bajaj Auto Ltd?
The Stock P/E of Bajaj Auto Ltd is 32.1.
What is the Book Value of Bajaj Auto Ltd?
The Book Value of Bajaj Auto Ltd is 1,224.
What is the Dividend Yield of Bajaj Auto Ltd?
The Dividend Yield of Bajaj Auto Ltd is 2.19 %.
What is the ROCE of Bajaj Auto Ltd?
The ROCE of Bajaj Auto Ltd is 28.1 %.
What is the ROE of Bajaj Auto Ltd?
The ROE of Bajaj Auto Ltd is 22.8 %.
What is the Face Value of Bajaj Auto Ltd?
The Face Value of Bajaj Auto Ltd is 10.0.