Analysts/Institutional Investor Meet/Con. Call Updates2 Nov 2026 · 16:52
Bajaj Auto Limited has informed the Exchange about Transcript
Markets / Nifty 50 / Automobile and Auto Components
Price
Daily closing prices, adjusted for bonuses and splits
Returns against the Nifty 50
| Return | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|
| BAJAJ-AUTO | +1.2% | +5.8% | −10.1% | +2.8% | +21.2% | +97.6% | +182.2% |
| Nifty 50 | +5.6% | +6.2% | −2.7% | −1.5% | −6.4% | +24.6% | +33.7% |
Price returns, without dividends. Source: NSE end-of-day data.
Check-up
Where BAJAJ-AUTO sits against the Nifty 50 and its industry. Facts, not advice.
Price return
+21.22%
Over 1 year. The Nifty 50 returned −6.40%, so BAJAJ-AUTO beat it by 27.6 percentage points.
Valuation (PE)
22.3
Price is 22.3 times the last four quarters' earnings per share, higher than the Nifty 50's PE of 19.8 and the 4 industry peers' median of 24.0.
Growth
+59.7%
Revenue in Q2 FY27 compared with the same quarter a year earlier. Net profit changed +61.9%.
Profitability (ROE)
35.7%
Profit over the last four quarters as a share of shareholders' equity. Net margin is 16.2%.
Debt
0.70×
Borrowings are 0.70 times shareholders' equity (latest balance sheet, 30 Sep 2026).
Volatility
1.77×
Daily price moves over the last year were 1.77 times as large as the Nifty 50's (annualised volatility 24.5%).
What the latest numbers show
Calculated by stockER from the company's filings and NSE data.
Positives 4
- Revenue up 59.7% from a year ago₹25,126 cr in Q2 FY27, against ₹15,735 cr in Q2 FY26.
- Net profit up 59.5% from a year ago₹3,384 cr in Q2 FY27, against ₹2,122 cr in Q2 FY26.
- Operating cash flow of ₹2,597 crCash generated by the business in the year to 31 Mar 2026.
- Promoter holding up 0.91 points in a year55.95% on 30 Sep 2026, from 55.04%.
Watch points 3
- Borrowings rose 31.8% in a year₹25,778 cr on 30 Sep 2026, against ₹19,565 cr a year earlier.
- Foreign institutional holding down 0.79 points in a year8.87% on 30 Sep 2026, from 9.66%.
- Mutual fund holding down 1.11 points in a year5.89% on 30 Sep 2026, from 7.00%.
Financials
Consolidated results as filed with NSE. ₹ crore unless stated.
Revenue
Net profit
EPS (₹)
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 13,169 | 12,646 | 13,133 | 15,735 | 16,204 | 17,832 | 21,689 | 25,126 |
| Other income | 348 | 392 | 509 | 576 | 436 | 661 | 688 | 551 |
| Total expenses | 10,640 | 10,219 | 10,682 | 12,677 | 12,908 | 15,391 | 17,950 | 21,107 |
| EBITDA | 3,098 | 3,085 | 3,302 | 4,039 | 4,089 | 3,774 | 5,219 | 5,447 |
| Depreciation | 102 | 119 | 118 | 119 | 119 | 289 | 405 | 409 |
| Finance cost | 120 | 147 | 224 | 287 | 314 | 344 | 387 | 469 |
| PBIT | 2,997 | 2,966 | 3,184 | 3,920 | 3,970 | 3,485 | 4,814 | 5,038 |
| Profit before tax | 2,876 | 2,819 | 2,961 | 3,633 | 3,656 | 3,141 | 4,427 | 4,569 |
| Tax | 681 | 682 | 750 | 877 | 906 | 844 | 1,235 | 1,225 |
| Net profit | 2,196 | 1,802 | 2,210 | 2,122 | 2,750 | 3,492 | 3,189 | 3,384 |
| EPS (₹) | 78.70 | 64.60 | 79.20 | 76.00 | 98.50 | 131.10 | 115.50 | 124.60 |
| ₹ crore | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue from operations | 44,870 | 50,995 | 62,905 |
| Other income | 1,436 | 1,474 | 2,182 |
| Total expenses | 36,534 | 41,330 | 51,657 |
| EBITDA | 10,198 | 11,942 | 15,204 |
| Depreciation | 365 | 414 | 645 |
| Finance cost | 60 | 389 | 1,169 |
| PBIT | 9,833 | 11,528 | 14,559 |
| Profit before tax | 9,772 | 11,139 | 13,391 |
| Tax | 2,332 | 2,899 | 3,377 |
| Net profit | 7,708 | 7,325 | 10,574 |
| ₹ crore | MAR 2024 | SEP 2024 | MAR 2025 | SEP 2025 | MAR 2026 | SEP 2026 |
|---|---|---|---|---|---|---|
| Total assets | 39,344 | 45,842 | 54,199 | 65,456 | 77,223 | 81,559 |
| Current assets | 11,798 | 16,137 | 19,446 | 21,169 | 33,977 | 38,693 |
| Inventories | 1,689 | 1,712 | 2,077 | 2,146 | 6,294 | 6,270 |
| Cash and equivalents | 560 | 1,110 | 2,332 | 1,805 | 2,990 | 2,177 |
| Total liabilities | 10,381 | 14,863 | 19,010 | 31,286 | 37,003 | 43,652 |
| Current liabilities | 9,091 | 10,584 | 11,584 | 22,516 | 19,338 | 24,060 |
| Borrowings | 1,786 | 5,119 | 9,237 | 19,565 | 21,981 | 25,778 |
| Shareholders' equity | 28,962 | 30,979 | 35,189 | 34,170 | 40,220 | 37,907 |
| Equity attributable to owners | 28,962 | 30,979 | 35,189 | 34,170 | 38,832 | 36,606 |
Balance sheets are filed every half year (September and March).
| ₹ crore | 6M to SEP 2022 | 12M to MAR 2025 | 6M to SEP 2025 | 12M to MAR 2026 | 6M to SEP 2026 |
|---|---|---|---|---|---|
| From operations | 2,419 | −1,406 | −260 | 2,597 | 3,909 |
| From investing | 4,547 | −1,056 | −4,790 | −7,034 | 1,649 |
| From financing | −6,846 | 4,230 | 4,342 | 5,079 | −6,382 |
| Capital expenditure | 320 | 814 | 203 | 560 | 564 |
| Free cash flow | 2,099 | −2,219 | −464 | 2,036 | 3,345 |
Cash flow statements are filed every half year; figures are for the period shown.
EBITDA here is profit before tax plus finance cost and depreciation. Annual figures add up the four quarters of each financial year. Source: company filings on NSE (XBRL).
Peers
Automobile and Auto Components companies in the Nifty 50.
| Company | Price | Market cap | PE | PB | ROE | Div. yield | 1Y return |
|---|---|---|---|---|---|---|---|
| Bajaj Auto Ltd.BAJAJ-AUTO | ₹10,608.00 | ₹2.92 lakh cr | 22.3 | 7.96 | 35.7% | 1.41% | +21.2% |
| Maruti Suzuki India Ltd.MARUTI | ₹11,995.00 | ₹3.77 lakh cr | 28.0 | 3.46 | 12.3% | 1.17% | −22.0% |
| Mahindra & Mahindra Ltd.M&M | ₹2,961.90 | ₹3.68 lakh cr | 19.9 | 3.96 | 19.8% | 1.11% | −17.3% |
| Eicher Motors Ltd.EICHERMOT | ₹7,420.00 | ₹2.04 lakh cr | 35.3 | 8.12 | 23.0% | 1.11% | +7.1% |
| Tata Motors Passenger Vehicles Ltd.TMPV | ₹278.50 | ₹1.03 lakh cr | 1.3 | 0.92 | 70.7% | 1.08% | −31.5% |
Price comparison
Change in price from the start of the period
BAJAJ-AUTONifty 50MARUTIM&M
Events
Dividends, bonuses and splits from NSE's corporate actions.
Dividend paid in 5 of the last 5 calendar years (2022–2026)Over the last 12 months: ₹150.00 per share (adjusted for bonuses and splits), a yield of 1.41% at today's price.
Past dividends
Dividend
Dividend - Rs 150 Per SharePer share
₹150.00Ex-date
29 May 2026
Dividend - Rs 150 Per SharePer share
₹150.00Ex-date
29 May 2026
Dividend
Dividend - Rs 210 Per SharePer share
₹210.00Ex-date
20 Jun 2025
Dividend - Rs 210 Per SharePer share
₹210.00Ex-date
20 Jun 2025
Dividend
Dividend - Rs 80 Per SharePer share
₹80.00Ex-date
14 Jun 2024
Dividend - Rs 80 Per SharePer share
₹80.00Ex-date
14 Jun 2024
Dividend
Dividend - Rs 140 Per SharePer share
₹140.00Ex-date
30 Jun 2023
Dividend - Rs 140 Per SharePer share
₹140.00Ex-date
30 Jun 2023
Dividend
Dividend - Rs 140 Per SharePer share
₹140.00Ex-date
30 Jun 2022
Dividend - Rs 140 Per SharePer share
₹140.00Ex-date
30 Jun 2022
Dividend
Annual General Meeting/Dividend - Rs 140 Per SharePer share
₹140.00Ex-date
8 Jul 2021
Annual General Meeting/Dividend - Rs 140 Per SharePer share
₹140.00Ex-date
8 Jul 2021
Interim dividend
Interim Dividend - Rs 120 Per SharePer share
₹120.00Ex-date
3 Mar 2020
Interim Dividend - Rs 120 Per SharePer share
₹120.00Ex-date
3 Mar 2020
Dividend
Annual General Meeting/ Dividend - Rs 60 Per SharePer share
₹60.00Ex-date
11 Jul 2019
Annual General Meeting/ Dividend - Rs 60 Per SharePer share
₹60.00Ex-date
11 Jul 2019
Bonuses, splits and other actions
Buy BackEx-date
24 Jun 2026
24 Jun 2026
Buy BackEx-date
29 Feb 2024
29 Feb 2024
Bonus 1:1Ex-date
8 Sep 2010
8 Sep 2010
Filings and updates
The company's own announcements to NSE: results, dividends, presentations and board decisions.
Annual report 2025–26Open (PDF / ZIP)
Annual report 2024–25Open (PDF / ZIP)
Annual report 2023–24Open (PDF / ZIP)
Annual report 2022–23Open (PDF / ZIP)
Annual report 2021–22Open (PDF / ZIP)
Press Release2 Nov 2026 · 08:54
Bajaj Auto Limited has informed the Exchange regarding a press release dated November 02, 2026, titled "Sales for the month of October 2026.".
Analysts/Institutional Investor Meet/Con. Call Updates29 Oct 2026 · 17:28
Bajaj Auto Limited has informed the Exchange about Schedule of meet
Analysts/Institutional Investor Meet/Con. Call Updates27 Oct 2026 · 21:51
Bajaj Auto Limited has informed the Exchange about Link of Recording
Change in Director(s)27 Oct 2026 · 17:23
Bajaj Auto Limited has informed the Exchange regarding Change in Director(s) of the company.
Outcome of Board Meeting27 Oct 2026 · 15:39
Bajaj Auto Limited has informed the Exchange regarding Outcome of Board Meeting - Change in Senior Management Personnel held on October 27, 2026.
Outcome of Board Meeting27 Oct 2026 · 15:33
Bajaj Auto Limited has informed the Exchange regarding Outcome of Board Meeting - Change in Directors held on October 27, 2026.
Outcome of Board Meeting27 Oct 2026 · 15:21
Bajaj Auto Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Press Release1 Oct 2026 · 08:53
Bajaj Auto Limited has informed the Exchange regarding a press release dated October 01, 2026, titled "Sales for the month of September 2026".
Credit Rating1 Sep 2026 · 17:01
Bajaj Auto Limited has informed the Exchange about Credit Rating
Press Release1 Sep 2026 · 08:51
Bajaj Auto Limited has informed the Exchange regarding a press release dated September 01, 2026, titled "Sales for the month of August 2026".
General Updates27 Aug 2026 · 12:17
BAJAJ-AUTO: Bajaj Auto Limited has informed the Exchange about ad hoc announcement made by Bajaj Mobility AG (formerly PIERER Mobility AG), a step-down subsidiary of Bajaj Auto Limited titled Results of the First Half of 2026
Frequently asked questions
What is the share price of Bajaj Auto Ltd. (BAJAJ-AUTO)?
BAJAJ-AUTO closed at ₹10,608.00 on NSE on 4 Nov 2026, +0.65% on the day. stockER shows end-of-day prices, updated after the market closes.
What is the market cap of BAJAJ-AUTO?
₹2.92 lakh cr, based on 27.48 crore shares and the latest closing price. That makes it #26 by size in the Nifty 50.
What are the PE and PB ratios of BAJAJ-AUTO?
PE 22.30 on earnings per share of ₹475.74 over the last four quarters; PB 7.96 on the latest reported equity.
What is the 52-week high and low of BAJAJ-AUTO?
High ₹12,470.00 on 1 Sep 2026, low ₹8,605.00 on 7 Nov 2025 (adjusted for bonuses and splits).
What is the dividend yield of BAJAJ-AUTO?
1.41%: dividends of ₹150.00 per share with ex-dates in the last 12 months, divided by the latest price.
What return has BAJAJ-AUTO given?
1 year +21.2%, 3 years +97.6%, 5 years +182.2% (price only, dividends not included).
Which sector is BAJAJ-AUTO in?
NSE classifies Bajaj Auto Ltd. under Automobile and Auto Components. Other Nifty 50 companies in it: EICHERMOT, M&M, MARUTI, TMPV.
Who owns BAJAJ-AUTO?
On 30 Sep 2026, promoters held 55.95% and the public 44.05%.
How can I buy BAJAJ-AUTO shares?
Through a SEBI-registered stockbroker with a demat and trading account. stockER is an information site only: it doesn't sell shares or recommend buying or selling any of them.