Bajaj Auto Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 22.8%)
- ✓Efficient capital deployment (ROCE 28.1%)
- ✓Regular dividends — yield 2.2%
Today's Price Action
Bajaj Auto trades at ₹9,638, up 0.92% on intraday strength, with volume matching its 20-day average at 74,162 shares. The balanced volume suggests steady investor interest without aggressive accumulation or distribution.
Valuation Snapshot
P/E of 29.9 appears elevated, but lacks sector context as Automobile P/E data is currently unavailable. Strong ROE of 22.8% reflects efficient profitability and capital use, supporting premium valuation despite high P/E.
Key Levels to Watch
The current price is near 52-week highs of ₹10,187, with support at ₹7,556. Proximity to resistance leaves limited upside headroom unless momentum accelerates past ₹10,200.
Trader Takeaway
Wait for a breakout above ₹10,187 with elevated volume to confirm bullish continuation; until then, risk-reward remains skewed against new long positions in Bajaj Auto.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| MARUTI Maruti Suzuki India Limited | ₹13,027 | ₹4.1L Cr | 27.5 | 4.11 | 15.9 | 21.7 | 0 |
| M&M Mahindra & Mahindra Limited | ₹3,074 | ₹3.8L Cr | 23.6 | 4.62 | 18 | 13.9 | 1.53 |
| EICHERMOT Eicher Motors Limited | ₹7,086 | ₹2.0L Cr | 36.1 | 8.8 | 24.1 | 29.8 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹3,510 | ₹1.7L Cr | 56.8 | 20.52 | 28.4 | 15.4 | 3.89 |
| HYUNDAI Hyundai Motor India Limited | ₹1,818 | ₹1.4L Cr | 25 | 8.42 | 41.8 | 53.9 | 0.05 |
| MOTHERSON Samvardhana Motherson International Limited | ₹126 | ₹1.3L Cr | 37.6 | 3.57 | 12.2 | 13.7 | 0.53 |
| TMPV Tata Motors Passenger Vehicles Limited | ₹349 | ₹1.3L Cr | 21.5 | 1.16 | 28.1 | 20 | 0.61 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BAJAJ-AUTO · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 54.95% | 55.06% | 55.06% | 55.04% | 55.04% | 55.03% |
| FII | 14.64% | 14.53% | 14.19% | 14.32% | 12.45% | 11.61% |
| DII | 8.66% | 8.47% | 8.73% | 8.67% | 9.98% | 10.92% |
| Public | 21.67% | 21.88% | 21.92% | 21.89% | 22.44% | 22.32% |
| Govt | 0.07% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% |
| Others | — | — | — | — | — | 0.04% |
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹16.2K Cr ▲3.0% | ₹15.7K Cr ▲19.8% | ₹13.1K Cr ▲3.9% | ₹12.6K Cr ▼4.0% | ₹13.2K Cr ▼0.6% | ₹13.2K Cr ▲11.0% | ₹11.9K Cr ▲3.3% | ₹11.6K Cr |
| Op. Profit | ₹3.7K Cr ▲31.8% | ₹2.8K Cr ▲1.3% | ₹2.8K Cr ▲18.4% | ₹2.4K Cr ▼14.3% | ₹2.8K Cr ▲32.7% | ₹2.1K Cr ▼12.5% | ₹2.4K Cr ▲3.8% | ₹2.3K Cr |
| OPM | 23.0% ▲27.8% | 18.0% ▼14.3% | 21.0% ▲10.5% | 19.0% ▼9.5% | 21.0% ▲31.3% | 16.0% ▼20.0% | 20.0% ▲0.0% | 20.0% |
| Net Profit | ₹2.8K Cr ▲29.6% | ₹2.1K Cr ▼4.0% | ₹2.2K Cr ▲22.6% | ₹1.8K Cr ▼17.9% | ₹2.2K Cr ▲58.6% | ₹1.4K Cr ▼28.7% | ₹1.9K Cr ▼3.4% | ₹2.0K Cr |
| EPS (₹) | 98.38 ▲29.5% | 75.99 ▼4.0% | 79.15 ▲22.7% | 64.52 ▼17.9% | 78.62 ▲58.5% | 49.61 ▼28.7% | 69.55 ▼3.5% | 72.05 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹51.0K Cr ▲13.7% | ₹44.9K Cr ▲23.1% | ₹36.5K Cr ▲10.0% | ₹33.1K Cr ▲19.5% | ₹27.7K Cr ▼7.3% | ₹29.9K Cr ▼1.4% | ₹30.4K Cr ▲20.4% | ₹25.2K Cr ▲15.9% | ₹21.8K Cr |
| Expenses | ₹41.4K Cr ▲14.8% | ₹36.1K Cr ▲20.4% | ₹30.0K Cr ▲7.5% | ₹27.9K Cr ▲22.3% | ₹22.8K Cr ▼8.1% | ₹24.8K Cr ▼1.4% | ₹25.2K Cr ▲23.6% | ₹20.4K Cr ▲17.5% | ₹17.3K Cr |
| Op. Profit | ₹9.6K Cr ▲9.0% | ₹8.8K Cr ▲35.6% | ₹6.5K Cr ▲22.9% | ₹5.3K Cr ▲6.5% | ₹4.9K Cr ▼3.3% | ₹5.1K Cr ▼1.7% | ₹5.2K Cr ▲7.3% | ₹4.8K Cr ▲9.4% | ₹4.4K Cr |
| OPM | 19.0% ▼5.0% | 20.0% ▲11.1% | 18.0% ▲12.5% | 16.0% ▼11.1% | 18.0% ▲5.9% | 17.0% ▲0.0% | 17.0% ▼10.5% | 19.0% ▼5.0% | 20.0% |
| Other Income | ₹1.5K Cr ▼13.4% | ₹1.7K Cr ▼0.2% | ₹1.7K Cr ▼36.2% | ₹2.7K Cr ▲70.1% | ₹1.6K Cr ▼14.3% | ₹1.8K Cr ▼9.7% | ₹2.0K Cr ▲44.4% | ₹1.4K Cr ▼4.4% | ₹1.5K Cr |
| Interest | ₹389 Cr ▲548.3% | ₹60 Cr ▲50.0% | ₹40 Cr ▲344.4% | ₹9 Cr ▲28.6% | ₹7 Cr ▲133.3% | ₹3 Cr ▼25.0% | ₹4 Cr ▲300.0% | ₹1 Cr ▲0.0% | ₹1 Cr |
| Depreciation | ₹414 Cr ▲13.4% | ₹365 Cr ▲27.6% | ₹286 Cr ▲5.9% | ₹270 Cr ▲4.2% | ₹259 Cr ▲5.3% | ₹246 Cr ▼7.5% | ₹266 Cr ▼15.6% | ₹315 Cr ▲2.6% | ₹307 Cr |
| PBT | ₹10.2K Cr ▲1.8% | ₹10.0K Cr ▲28.0% | ₹7.8K Cr ▲2.5% | ₹7.7K Cr ▲22.6% | ₹6.2K Cr ▼6.7% | ₹6.7K Cr ▼3.8% | ₹7.0K Cr ▲17.2% | ₹5.9K Cr ▲6.2% | ₹5.6K Cr |
| Tax % | 28.0% ▲21.7% | 23.0% ▲0.0% | 23.0% ▲21.1% | 19.0% ▼13.6% | 22.0% ▲0.0% | 22.0% ▼24.1% | 29.0% ▲0.0% | 29.0% ▲7.4% | 27.0% |
| Net Profit | ₹7.3K Cr ▼5.0% | ₹7.7K Cr ▲27.2% | ₹6.1K Cr ▼1.7% | ₹6.2K Cr ▲27.0% | ₹4.9K Cr ▼6.8% | ₹5.2K Cr ▲5.8% | ₹4.9K Cr ▲16.8% | ₹4.2K Cr ▲3.4% | ₹4.1K Cr |
| EPS (₹) | 262.29 ▼5.0% | 276.1 ▲28.9% | 214.17 ▲0.5% | 213.08 ▲26.9% | 167.85 ▼6.8% | 180.11 ▲5.8% | 170.29 ▲16.8% | 145.8 ▲3.4% | 140.98 |
| Div Payout | 80.0% ▲175.9% | 29.0% ▼55.4% | 65.0% ▼1.5% | 66.0% ▼20.5% | 83.0% ▲23.9% | 67.0% ▲91.4% | 35.0% ▼14.6% | 41.0% ▲5.1% | 39.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹279 Cr ▲0.0% | ₹279 Cr ▲0.0% | ₹279 Cr ▼1.4% | ₹283 Cr ▼2.1% | ₹289 Cr ▲0.0% | ₹289 Cr ▲0.0% | ₹289 Cr ▲0.0% | ₹289 Cr ▲0.0% | ₹289 Cr ▲0.0% | ₹289 Cr |
| Reserves | ₹33.9K Cr ▼2.9% | ₹34.9K Cr ▲21.7% | ₹28.7K Cr ▼1.4% | ₹29.1K Cr ▼1.7% | ₹29.6K Cr ▲9.6% | ₹27.0K Cr ▲26.3% | ₹21.4K Cr ▼6.8% | ₹22.9K Cr ▲13.9% | ₹20.1K Cr ▲14.6% | ₹17.6K Cr |
| Borrowings | ₹19.7K Cr ▲110.3% | ₹9.4K Cr ▲389.7% | ₹1.9K Cr ▲1441.9% | ₹124 Cr ▲0.8% | ₹123 Cr ▲1.7% | ₹121 Cr ▼4.0% | ₹126 Cr ▲0.8% | ₹125 Cr ▲3.3% | ₹121 Cr ▲0.8% | ₹120 Cr |
| Other Liabilities | ₹11.6K Cr ▲21.3% | ₹9.6K Cr ▲12.8% | ₹8.5K Cr ▲49.9% | ₹5.7K Cr ▲10.2% | ₹5.1K Cr ▼17.4% | ₹6.2K Cr ▲31.4% | ₹4.7K Cr ▼13.8% | ₹5.5K Cr ▲19.2% | ₹4.6K Cr ▲25.5% | ₹3.7K Cr |
| Total Liabilities | ₹65.5K Cr ▲21.0% | ₹54.1K Cr ▲37.5% | ₹39.3K Cr ▲12.0% | ₹35.1K Cr ▲0.1% | ₹35.1K Cr ▲4.5% | ₹33.6K Cr ▲26.8% | ₹26.5K Cr ▼8.1% | ₹28.8K Cr ▲14.7% | ₹25.1K Cr ▲16.2% | ₹21.6K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹3.7K Cr ▼0.4% | ₹3.7K Cr ▲14.3% | ₹3.2K Cr ▲13.2% | ₹2.8K Cr ▲54.8% | ₹1.8K Cr ▲10.1% | ₹1.7K Cr ▼1.8% | ₹1.7K Cr ▼3.7% | ₹1.8K Cr ▼6.1% | ₹1.9K Cr ▼6.2% | ₹2.0K Cr |
| CWIP | ₹58 Cr ▼4.9% | ₹61 Cr ▲74.3% | ₹35 Cr ▼58.8% | ₹85 Cr ▲10.4% | ₹77 Cr ▲381.3% | ₹16 Cr ▼73.3% | ₹60 Cr ▲25.0% | ₹48 Cr ▼14.3% | ₹56 Cr ▲33.3% | ₹42 Cr |
| Investments | ₹29.0K Cr ▲0.2% | ₹28.9K Cr ▲2.9% | ₹28.1K Cr ▲7.3% | ₹26.2K Cr ▼1.7% | ₹26.6K Cr ▲7.9% | ₹24.7K Cr ▲24.0% | ₹19.9K Cr ▼3.3% | ₹20.6K Cr ▲9.0% | ₹18.9K Cr ▲22.1% | ₹15.5K Cr |
| Other Assets | ₹32.8K Cr ▲52.7% | ₹21.5K Cr ▲168.1% | ₹8.0K Cr ▲32.8% | ₹6.0K Cr ▼8.2% | ₹6.6K Cr ▼9.2% | ₹7.2K Cr ▲49.5% | ₹4.8K Cr ▼24.7% | ₹6.4K Cr ▲48.9% | ₹4.3K Cr ▲4.7% | ₹4.1K Cr |
| Total Assets | ₹65.5K Cr ▲21.0% | ₹54.1K Cr ▲37.5% | ₹39.3K Cr ▲12.0% | ₹35.1K Cr ▲0.1% | ₹35.1K Cr ▲4.5% | ₹33.6K Cr ▲26.8% | ₹26.5K Cr ▼8.1% | ₹28.8K Cr ▲14.7% | ₹25.1K Cr ▲16.2% | ₹21.6K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-1.4K Cr ▼121.4% | ₹6.6K Cr ▲24.3% | ₹5.3K Cr ▲25.7% | ₹4.2K Cr ▲34.5% | ₹3.1K Cr ▼19.0% | ₹3.9K Cr ▲54.8% | ₹2.5K Cr ▼42.5% | ₹4.3K Cr ▲32.5% | ₹3.3K Cr ▼11.5% | ₹3.7K Cr |
| Investing CF | ₹-1.1K Cr ▼1362.5% | ₹-72 Cr ▼105.9% | ₹1.2K Cr ▲338.8% | ₹276 Cr ▲109.6% | ₹-2.9K Cr ▼262.5% | ₹1.8K Cr ▲746.9% | ₹-273 Cr ▲86.0% | ₹-2.0K Cr ▲45.9% | ₹-3.6K Cr ▼5208.8% | ₹-68 Cr |
| Financing CF | ₹4.2K Cr ▲168.6% | ₹-6.2K Cr ▲14.1% | ₹-7.2K Cr ▼77.0% | ₹-4.1K Cr ▼20180.0% | ₹-20 Cr ▲99.7% | ₹-6.2K Cr ▼201.2% | ₹-2.1K Cr ▼10.0% | ₹-1.9K Cr ▼892.1% | ₹-190 Cr ▲94.4% | ₹-3.4K Cr |
| Net Cash Flow | ₹1.8K Cr ▲455.2% | ₹319 Cr ▲146.1% | ₹-692 Cr ▼265.9% | ₹417 Cr ▲80.5% | ₹231 Cr ▲136.7% | ₹-630 Cr ▼550.0% | ₹140 Cr ▼71.3% | ₹488 Cr ▲191.7% | ₹-532 Cr ▼323.5% | ₹238 Cr |
| Free Cash Flow | ₹-2.3K Cr ▼138.9% | ₹5.8K Cr ▲35.9% | ₹4.3K Cr ▲17.0% | ₹3.7K Cr ▲28.4% | ₹2.9K Cr ▼19.7% | ₹3.6K Cr ▲50.1% | ₹2.4K Cr ▼42.6% | ₹4.1K Cr ▲35.0% | ₹3.1K Cr ▼10.2% | ₹3.4K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15d ▼11.8% | 17d ▼5.6% | 18d ▲5.9% | 17d ▼52.8% | 36d ▲71.4% | 21d ▼32.3% | 31d ▲40.9% | 22d ▲37.5% | 16d ▲33.3% | 12d |
| Inventory Days | 22d ▲15.8% | 19d ▼13.6% | 22d ▲22.2% | 18d ▼35.7% | 28d ▲55.6% | 18d ▲12.5% | 16d ▲0.0% | 16d ▼11.1% | 18d ▲5.9% | 17d |
| Days Payable | 66d ▲3.1% | 64d ▲10.3% | 58d ▲7.4% | 54d ▼36.5% | 85d ▲51.8% | 56d ▼11.1% | 63d ▼7.4% | 68d ▲21.4% | 56d ▲14.3% | 49d |
| Cash Conv. Cycle | -29d ▼3.6% | -28d ▼55.6% | -18d ▲5.3% | -19d ▲13.6% | -22d ▼37.5% | -16d ▲5.9% | -17d ▲45.2% | -31d ▼40.9% | -22d ▼10.0% | -20d |
| Working Capital Days | -6d ▲80.0% | -30d ▼233.3% | -9d ▼200.0% | -3d | 0d ▲100.0% | -9d ▼125.0% | -4d ▲81.0% | -21d ▼950.0% | -2d ▲50.0% | -4d |
| ROCE | 28.0% ▼17.6% | 34.0% ▲25.9% | 27.0% ▲17.4% | 23.0% ▼8.0% | 25.0% ▼16.7% | 30.0% ▲0.0% | 30.0% ▼3.2% | 31.0% ▼11.4% | 35.0% ▼22.2% | 45.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Bajaj Auto Limited
Bajaj Auto, the flagship company of Bajaj Group, is a two-wheeler and three-wheeler manufacturing company that exports to 79 countries across several countries in Latin America, Southeast Asia, and many more. Its headquarter is in Pune, India. It has acquired 48% of the KTM Brand which manufactures sports and super sports two-wheelers, which was 14% in 2007 when the company first acquired KTM. [1]
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