Bajaj Auto
- Market cap
- ₹ 2,77,002 Cr.
- P/E
- 22x
- P/B
- 7.31x
- 52-week range
- 8,605 – 12,470
- ROE
- 29%
- ROCE
- 28%
- Dividend yield
- 1.5%
- Debt / equity
- 0.58
- Sector
- Automobiles
- Industry
- 2/3 Wheelers
- Listed on
- NSE, BSE
About
Bajaj Auto Limited is an India-based company which is engaged in the business of the development, manufacturing, and distribution of automobiles, such as motorcycles, commercial vehicles, electric vehicles, and parts. It is a manufacturer of two-wheelers, three-wheelers, and quadri-cycles. The Company sells its products in India as well as in various other global markets. Its segments include Automotive, Financing and Investment and others. The Automotive segment includes all activities related to the development, design, manufacture, assembly, and sale of two-wheelers/three-wheelers as well as the sale of related parts and accessories. Its products include Motorcycles, Chetak, 3 Wheelers & Qute, KTM, and Triumph. Its motorcycles include Plusar, CT, Platina, Avenger, KTM, and Dominar. Its 3 Wheelers & Qute include Gogo, RE, Maxima Z, Riki, Maxima X Wide, and Maxima C. Its subsidiaries include Bajaj Auto Credit Ltd., Chetak Technology Ltd., and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
2/3 Wheelers: 13 companies →Bajaj Auto against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)22 against a typical 22: in line than most peers (1st = cheapest).6th of 11
- Sales growth+65.1% against a typical +34.2% from a year earlier.3rd of 8
- Profit growth+44.3% against a typical +21.4% from a year earlier.2nd of 5
- Share price, 3 months−7.5% against a typical −4.2%.8th of 11
- Size₹ 2,77,002.3 Cr. market value against a typical ₹ 2,157 Cr. (1st = largest).1st of 11
Latest announcements
Exchange filings and their impact on the company.
- Q2 FY27 results filing keeps Bajaj Auto on its strong growth trajectory.
Bajaj Auto's board met on 27 October 2026 and approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026, with limited review reports and a press release enclosed. Detailed P&L lines were not readable in the extracted filing text, but recent context shows Q1 FY27 sales of Rs 21689 crore and TTM revenue of Rs 71460 crore with strong profitability. The filing confirms continued business momentum, supporting higher revenue and earnings over the next year.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by India Ratings- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | Stable | 1 Sep 2026 |
| India Ratings | IND AAA; IND A1+ | Stable | 28 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 1 Sep 2026 | Reaffirmed | — | — | CRISIL | ₹ 891.75 Cr. | |
| 28 Aug 2026 | Reaffirmed | IND AAA | — | India Ratings | ₹ 1,200 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 21 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 6 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and recommendation of dividend, if any |
| 30 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 7 Nov 2025 | Financial Results | To consider and approve the unaudited standalone & consolidated financial results of the Company for the second quarter and half year ended 30 September 2025 |
| 6 Aug 2025 | Financial Results | To consider and approve the unaudited financial results for the quarter ended June 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,838 | 12,165 | 11,555 | 11,932 | 13,247 | 13,169 | 12,646 | 13,133 | 15,735 | 16,204 | 17,832 | 21,689 |
| Expenses | 8,708 | 9,750 | 9,271 | 9,562 | 11,174 | 10,418 | 10,289 | 10,340 | 12,906 | 12,475 | 14,757 | 17,161 |
| Operating Profit | 2,130 | 2,415 | 2,284 | 2,370 | 2,073 | 2,751 | 2,358 | 2,793 | 2,829 | 3,730 | 3,075 | 4,528 |
| OPM % | 20% | 20% | 20% | 20% | 16% | 21% | 19% | 21% | 18% | 23% | 17% | 21% |
| Other Income | 552 | 356 | 444 | 335 | 399 | 348 | 392 | 509 | 576 | 359 | 1,894 | 688 |
| Interest | 7 | 12 | 30 | 47 | 75 | 120 | 147 | 224 | 287 | 314 | 344 | 387 |
| Depreciation | 92 | 93 | 93 | 95 | 98 | 102 | 119 | 118 | 119 | 119 | 289 | 405 |
| Profit before tax | 2,584 | 2,666 | 2,606 | 2,564 | 2,299 | 2,876 | 2,484 | 2,961 | 2,999 | 3,656 | 4,336 | 4,423 |
| Tax % | 22% | 24% | 23% | 24% | 40% | 24% | 27% | 25% | 29% | 25% | 19% | 28% |
| Net Profit | 2,020 | 2,033 | 2,011 | 1,942 | 1,385 | 2,196 | 1,802 | 2,210 | 2,122 | 2,750 | 3,492 | 3,189 |
| EPS in Rs | 71.39 | 71.78 | 72.05 | 69.55 | 49.61 | 78.62 | 64.52 | 79.15 | 75.99 | 98.38 | 131.02 | 115.41 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 18%
- 3 Years
- 20%
- TTM
- 37%
- 10 Years
- 10%
- 5 Years
- 17%
- 3 Years
- 21%
- TTM
- 55%
- 10 Years
- 15%
- 5 Years
- 25%
- 3 Years
- 36%
- TTM
- —
- 10 Years
- 23%
- 5 Years
- 24%
- 3 Years
- 26%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Bajaj Auto | ₹ 10,485.00 | ₹ 2,77,002 Cr. | 22x | 7.3x | 29% | — |
| TVS Motor Company | ₹ 3,977.00 | ₹ 1,88,942 Cr. | 56.6x | 18x | 33.4% | 5.7% |
| Hero Motocorp | ₹ 5,035.35 | ₹ 1,00,778 Cr. | 16.8x | 4.6x | 28.1% | 12.2% |
| Tube Investments of India | ₹ 2,076.00 | ₹ 40,186 Cr. | 82.5x | 7.2x | 9.6% | 4.9% |
| Ather Energy | ₹ 1,383.85 | ₹ 54,900 Cr. | — | 19.1x | −33.7% | −14.1% |
| Ola Electric Mobility | ₹ 29.90 | ₹ 13,839 Cr. | — | 5x | −43.2% | −81.4% |
Management
- Rajivnayan Rahulkumar Bajaj
- Chief Executive Officer, Managing Director, Executive Director
- Dinesh Thapar
- Chief Financial Officer
- K. S. Grihapathy
- President - Export Business
- Sarang Kanade
- President - Motorcycle Business
- Manik Nangia
- President - Probiking Business
- Sumeet Narang
- President - Central Marketing
- Samardeep Subandh
- President - Intra-City Business
- Eric Vas
- President - Urbanite Business
Prices are delayed and for information only. Nothing on this page is investment advice.