BAJAJ-AUTO · NSE
Bajaj Auto Limited
₹11,414
-0.75% (-₹86)
Prev. close
₹11,500
Volume
2,96,757
Delivery %
74.7%
As of
18 Sept 2026
Price history
CLSA Analysis · CLSA · 22 Jul 2026
“Maintained an 'Outperform' rating on Bajaj Auto with a price target of ₹12,068, suggesting a 16% upside from Tuesday's closing price. The firm highlighted Bajaj Auto's strong 20.9% EBITDA margin, which exceeded estimates despite rising commodity costs, attributing this to rupee depreciation, price increases, operating leverage, and a richer product mix.”
Published mid-session at 09:27 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.
Analyst sentiment
Analysts lean bullish
6 analyst stances · last 90 days · one per analyst
Trackable
5 · 4 bull / 1 neutral / 0 bear
Long-Horizon
none in window
Commentary
1 · 1 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Bullish on Bajaj Auto Futures for the short-term, recommending a buy in the ₹12,300-12,400 range with targets at ₹13,500…” | Jay ThakkarICICI Securities | Bajaj Auto | PENDING | ||||
| “Recommends buying Bajaj Auto at ₹11910 with a target of ₹12774 and a stop loss at ₹11300. The stock shows strong bullish…” | Sumeet BagadiaChoice Equity Broking | Bajaj Auto | PENDING | ||||
| “Upgraded Bajaj Auto to 'Buy' with a raised price target of ₹12,096, implying a 16% upside from Tuesday's close. The upgr…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Bajaj Auto | PENDING | ||||
| “Maintained an 'Outperform' rating on Bajaj Auto with a price target of ₹11,500, indicating a 10% upside from Tuesday's c…” | Bernstein AnalysisBernstein | Bajaj Auto | PENDING | ||||
| “Maintained a 'Hold' rating on Bajaj Auto with a target of ₹11,500, implying a 10% upside from Tuesday's closing. Q1 EBIT…” | Jefferies AnalysisJefferies | Bajaj Auto | PENDING | ||||
| “Maintained an 'Outperform' rating on Bajaj Auto with a price target of ₹12,068, suggesting a 16% upside from Tuesday's c…” | CLSA AnalysisCLSA | Bajaj Auto | PENDING | ||||
“Maintained an 'Outperform' rating on Bajaj Auto with a price target of ₹12,068, suggesting a 16% upside from Tuesday's closing price. The firm highlighted Bajaj Auto's strong 20.9% EBITDA margin, which exceeded estimates despite rising commodity costs, attributing this to rupee depreciation, price increases, operating leverage, and a richer product mix.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bajaj Auto emerged as an outperformer in the two-wheeler segment, surpassing expectations with a strong 28.3% YoY increa…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | Bajaj Auto | PENDING |
Fundamentals
About Bajaj Auto Limited
Bajaj Auto Limited, together with its subsidiaries, engages in the development, manufacture, and distribution of automobiles in India and internationally. The company offers motorcycles, bikes, commercial vehicles, electric two-wheelers, and three-wheeler, as well as related parts and accessories. It also provides financing services for automobiles, as well as exports its products. The company was founded in 1945 and is based in Pune, India.
Details
Sector
Consumer Cyclical
Industry
Auto Manufacturers
CEO
Mr. Rajivnayan Rahulkumar Bajaj
Headquarters
Pune
Employees
5,231
Website
bajajauto.comExchange
View on NSE ↗Key stats
Market cap
₹3.16 L Cr
P/E ratio (TTM)
27.3
Dividend yield
1.29%
EPS (TTM)
₹420.83
Beta (1Y · daily vs NIFTY 50)
0.89
Beta (5Y · monthly vs NIFTY 50)
1.20
Shares float
10.93 Cr
EPS · quarter ended Jun 2026
₹115.30
Upcoming earnings
15 Oct 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹27,741.08 Cr | ₹33,144.71 Cr | ₹36,455.38 Cr | ₹44,870.43 Cr | ₹50,994.55 Cr | ₹62,905.00 Cr | |
| EBITDA | ₹6,201.14 Cr | ₹7,350.57 Cr | ₹8,167.34 Cr | ₹10,465.17 Cr | ₹11,026.66 Cr | ₹15,763.83 Cr |
| ₹4,857.02 Cr | ₹6,165.87 Cr | ₹6,060.21 Cr | ₹7,708.24 Cr | ₹7,324.73 Cr | ₹10,744.21 Cr | |
| Diluted EPS | ₹167.9 | ₹213.2 | ₹212.5 | ₹272.7 | ₹262 | ₹384.4 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹33,601.71 Cr | ₹35,111.21 Cr | ₹35,136.45 Cr | ₹39,344.00 Cr | ₹54,110.00 Cr | ₹76,914.00 Cr | |
| — | ₹0 | ₹0 | ₹1,785.90 Cr | ₹9,236.52 Cr | ₹22,639.85 Cr | |
| Stockholders' equity | ₹27,273.43 Cr | ₹29,859.65 Cr | ₹29,361.54 Cr | ₹28,962.00 Cr | ₹35,188.00 Cr | ₹38,832.00 Cr |
Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹3,119.88 Cr | ₹4,197.21 Cr | ₹5,277.00 Cr | ₹6,558.00 Cr | ₹-1,406.00 Cr | ₹2,597.00 Cr | |
| Investing cash flow | ₹-2,868.36 Cr | ₹-80.86 Cr | ₹1,199.52 Cr | ₹-343.73 Cr | ₹-1,056.27 Cr | ₹-7,033.88 Cr |
| ₹-19.52 Cr | ₹-4,056.33 Cr | ₹-7,181.00 Cr | ₹-6,167.00 Cr | ₹4,230.00 Cr | ₹5,079.00 Cr | |
| Capital expenditure | ₹-259.59 Cr | ₹-550.75 Cr | ₹-1,110.00 Cr | ₹-723.00 Cr | ₹-874.00 Cr | ₹-722.00 Cr |
| End cash position | ₹516.61 Cr | ₹933.69 Cr | ₹241.62 Cr | ₹560.45 Cr | ₹2,331.53 Cr | ₹2,989.97 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22–Jun 22(2Q) | Sep 22 | Dec 22–Mar 23(2Q) | Jun 23 | Sep 23 | Dec 23 | Mar 24–Jun 24(2Q) | Sep 24–Dec 24(2Q) | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 53.70% | 53.73% | 53.77% | 54.84% | 54.98% | 54.99% | 54.98% | 54.94% | 55.06% | 55.04% | 55.04% | 55.04% | 55.04% | 54.99% | 55.01% | 55.01% |
| Public | 46.30% | 46.27% | 46.23% | 45.16% | 45.02% | 45.01% | 45.02% | 45.06% | 44.94% | 44.96% | 44.92% | 44.93% | 44.95% | 44.92% | 44.91% | 44.99% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.03% | 0.01% | 0.09% | 0.08% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Consumer Cyclical
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Titan Company Limited | ₹4.36 L Cr | ₹4,841 | 75.4 | 27.74 | 32.3% | 1.95 | +44.8% | +37.4% |
| Maruti Suzuki India Limited | ₹3.88 L Cr | ₹12,103 | 27.0 | 3.62 | 13.7% | 0.00 | +20.1% | -23.5% |
| Mahindra & Mahindra Limited | ₹3.69 L Cr | ₹3,076.5 | 18.7 | 3.96 | 18.4% | 1.44 | +24.1% | -15.3% |
| Bajaj Auto Limited | ₹3.18 L Cr | ₹11,500 | 27.6 | 8.20 | 27.7% | 0.58 | +22.6% | +26.6% |
| ETERNAL LIMITED | ₹2.97 L Cr | ₹326.85 | 671.6 | 9.58 | 1.2% | 0.15 | +168.6% | -3.3% |
| Eicher Motors Limited | ₹2.06 L Cr | ₹7,516 | 35.7 | 8.20 | 22.0% | 0.02 | +23.9% | +8.5% |
| TVS Motor Company Limited | ₹1.95 L Cr | ₹4,171.3 | 55.9 | 20.38 | 31.6% | 3.43 | +29.2% | +17.6% |
| Hyundai Motor India Limited | ₹1.74 L Cr | ₹2,155 | 35.7 | 8.69 | 27.1% | 0.05 | +2.1% | -17.2% |
| Samvardhana Motherson International Limited | ₹1.70 L Cr | ₹162.57 | 38.9 | 4.16 | 9.4% | 0.47 | +11.1% | +49.2% |
| Tata Motors Limited | ₹1.63 L Cr | ₹442.9 | 37.9 | 12.81 | 23.8% | 0.44 | +44.3% | — |
| Trent Limited | ₹1.49 L Cr | ₹2,824 | 82.0 | 21.29 | 24.6% | 0.37 | +17.6% | -45.1% |
| Bosch Limited | ₹1.41 L Cr | ₹47,000 | 59.7 | 9.48 | 18.7% | 0.01 | +10.8% | +17.8% |
Ranked by market cap within Consumer Cyclical, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
67 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
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