Bajaj Auto Limited
Bajaj Auto Limited operates in 2/3 Wheelers, part of the Automobile and Auto Components sector. It booked ₹25,126 cr of revenue in its latest quarter (Q2 FY27) and kept 13.7% of sales as profit. It is the largest of 6 2/3 Wheelers companies we track, by market value.
| Segment | FY20 | FY21 | FY22 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Automotive | 29,968 | 27,750 | 33,271 | 44,870 | 49,982 | 60,530 | 95% → 93% |
| Financing | — | — | — | 17 | 1,041 | 3,248 | 5% |
| Investments | 1,475 | 1,267 | 1,157 | 1,420 | 1,446 | 1,309 | 5% → 2% |
| Total | 31,443 | 29,018 | 34,429 | 46,306 | 52,469 | 65,087 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“is to be “Distinctly Ahead” in creating benchmarks for resource conservation, maximizing use of renewable energy and pollution prevention, during the complete product realisation cycle.”
Healthier than 66% of companies in Automobile and Auto Components, on all six measures of filed financials. Each measure is ranked against the 10–52 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 52
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in BAJAJ-AUTO?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹25,126 cr |
| Other Income | ₹551 cr |
| Total Income | ₹25,677 cr |
| Cost of Materials | ₹15,783 cr |
| Purchases of Stock-in-Trade | ₹1,030 cr |
| Inventory Change (±) | ₹185 cr |
| Employee Benefit Expense | ₹1,374 cr |
| Finance Costs | ₹469 cr |
| Depreciation & Amortisation | ₹409 cr |
| Other Expenses | ₹1,858 cr |
| Total Expenses | ₹21,107 cr |
| Profit before Tax | ₹4,569 cr |
| Tax Expense | ₹1,225 cr |
| Share of JV / Associates | ₹40 cr |
| Net Profit | ₹3,384 cr |
| Net margin on total income | 13.2% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 17,832 cr | 21,689 cr | 25,126 cr |
| Total income | 18,494 cr | 22,377 cr | 25,677 cr |
| Expenses | 15,391 cr | 17,950 cr | 21,107 cr |
| Profit before tax | 3,141 cr | 4,427 cr | 4,569 cr |
| Tax | 844 cr | 1,235 cr | 1,225 cr |
| Net profit (owners' share) | 3,662 cr | 3,226 cr | 3,436 cr |
| Net margin (owners' share, on revenue) | 20.5% | 14.9% | 13.7% |
| EPS (₹) | 131.10 | 115.50 | 124.60 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Bajaj Auto Limitedthis company | ₹10,540 | ₹2.90 L cr | 21.1 | 37.5% | 13.7% | — |
| TVS Motor Company Limited | ₹4,303 | ₹2.04 L cr | 42.8 | 42.1% | 6.1% | — |
| Eicher Motors Limited | ₹7,440 | ₹2.04 L cr | 34.9 | 23.3% | 22.1% | — |
| Hero MotoCorp Limited | ₹5,300 | ₹1.06 L cr | 14.2 | 31.8% | 12.4% | — |
| Ather Energy Limited | ₹1,795 | ₹71,190 cr | 14,958.3 | 0.1% | 0.1% | — |
| Ola Electric Mobility Limited | ₹35 | ₹16,008 cr | — | -40.1% | -73.8% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Buyback | Buy Back | 24 Jun 2026 |
| Dividend | ₹150 / share | 29 May 2026 |
| Dividend | ₹210 / share | 20 Jun 2025 |
| Dividend | ₹80 / share | 14 Jun 2024 |
| Buyback | Buy Back | 29 Feb 2024 |
| Dividend | ₹140 / share | 30 Jun 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 31 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.