Bajaj Auto Ltd.

NSE: BAJAJ-AUTO · Automobile and Auto Components

₹10,900.00+1.32%06 Nov 2026

Ask the data

Instant answers about Bajaj Auto Ltd. — computed from its filings, no language model

Market cap₹2,99,543 cr

Current price₹10,900.00

High / Low₹12,361 / ₹8,720

P/E22.9

P/B8.18

Book value₹1,332.1

ROE35.7%

ROCE27.7%

Debt / equity0.70

Dividend yield1.95%

EPS (TTM)₹475.73

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	25,563	30,250	29,919	27,741	33,145	36,455	44,870	50,995	62,905
EBITDA	4,782	4,979	5,096	4,925	5,250	6,451	8,762	10,468	13,061
Operating margin	18.7%	16.5%	17.0%	17.8%	15.8%	17.7%	19.5%	20.5%	20.8%
Interest	1	4	3	7	9	40	60	389	1,169
Depreciation	315	266	246	259	270	286	365	414	645
Profit before tax	5,646	6,606	6,371	5,935	7,072	7,313	9,772	11,139	13,391
Tax	1,714	2,028	1,480	1,384	1,486	1,782	2,332	2,899	3,377
Net profit	4,219	4,928	5,212	4,857	6,166	6,060	7,708	7,325	10,744
EPS ₹	145.80	170.30	180.20	167.90	213.20	212.50	272.70	262.40	385.00
Operating cash flow	—	—	—	—	4,197	5,277	6,558	-1,406	2,597
Capex	—	—	—	—	551	1,110	723	874	722
Dividend paid	—	—	—	—	4,049	4,047	3,960	2,235	5,855
Total assets	25,141	28,834	—	—	—	35,136	39,344	54,199	77,223
Equity	20,425	23,234	—	—	—	29,362	28,962	35,189	38,832

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	6,773	7,419	7,987	7,409	7,395	7,756	7,707	7,640	6,816	3,079	7,156	8,910	8,596	7,386	8,762	9,022	7,975	10,203	9,319	8,929	10,312	10,838	12,165	11,555	11,932	13,247	13,169	12,646	13,133	15,735	16,204	17,832	21,689	25,126
Operating profit	1,316	1,280	1,342	1,155	1,162	1,197	1,279	1,367	1,253	408	1,266	1,729	1,522	1,118	1,400	1,371	1,361	1,750	1,757	1,657	1,932	2,130	2,415	2,284	2,370	2,654	2,751	2,693	2,793	3,463	3,730	3,075	4,531	4,896
Operating margin	19.4%	17.3%	16.8%	15.6%	15.7%	15.4%	16.6%	17.9%	18.4%	13.3%	17.7%	19.4%	17.7%	15.1%	16.0%	15.2%	17.1%	17.1%	18.9%	18.6%	18.7%	19.7%	19.9%	19.8%	19.9%	20.0%	20.9%	21.3%	21.3%	22.0%	23.0%	17.2%	20.9%	19.5%
Other income	366	310	382	470	433	337	393	366	427	338	286	369	284	329	318	348	289	334	271	264	351	369	356	360	335	399	348	392	509	576	436	661	688	551
Interest	0	0	0	4	0	1	1	0	1	1	3	1	2	2	2	2	3	11	8	16	12	7	12	30	47	75	120	147	224	287	314	344	387	469
Depreciation	88	70	72	63	61	60	61	62	63	64	64	65	66	64	66	70	70	67	75	76	87	92	93	93	95	98	102	119	118	119	119	289	405	409
Profit before tax	1,593	1,520	1,652	1,558	1,875	1,474	1,610	1,671	1,616	682	1,485	2,032	1,737	1,381	2,152	1,647	1,892	2,005	1,945	1,829	2,184	2,400	2,666	2,522	2,564	2,879	2,876	2,819	2,961	3,633	3,656	3,141	4,427	4,569
Tax	514	500	500	457	570	453	206	410	411	154	347	476	407	322	378	359	428	484	472	455	540	564	634	594	622	914	681	682	750	877	906	844	1,235	1,225
Net profit	1,175	1,042	1,257	1,221	1,408	1,012	1,523	1,322	1,354	396	1,194	1,716	1,551	1,170	2,040	1,430	1,526	1,719	1,473	1,705	1,644	2,020	2,033	2,011	1,942	1,385	2,196	1,802	2,210	2,122	2,750	3,662	3,226	3,436
EPS ₹	40.60	36.00	43.40	42.20	48.70	35.00	52.60	45.70	46.80	13.70	41.30	59.30	53.60	40.50	70.50	49.40	52.80	60.10	52.10	60.30	58.10	71.40	71.90	71.20	69.60	49.70	78.70	64.60	79.20	76.00	98.50	131.10	115.50	124.60
Revenue YoY	—	—	—	—	9.2%	4.5%	-3.5%	3.1%	-7.8%	-60.3%	-7.2%	16.6%	26.1%	139.9%	22.4%	1.3%	-7.2%	16.4%	3.3%	12.0%	—	6.2%	30.5%	29.4%	15.7%	22.2%	8.2%	9.4%	10.1%	18.8%	23.1%	41.0%	65.1%	59.7%
Profit YoY	—	—	—	—	19.8%	-2.8%	21.2%	8.3%	-3.9%	-60.9%	-21.6%	29.8%	14.6%	195.9%	70.8%	-16.7%	-1.6%	-15.7%	3.0%	11.7%	—	17.5%	38.0%	18.0%	18.1%	-31.4%	8.0%	-10.4%	13.8%	53.2%	25.2%	103.2%	45.9%	61.9%

Earlier results (standalone, Mar '08 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Bajaj Auto Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	8,846	11,921	16,609	19,759	19,997	20,150	21,612	22,688	23,088
Operating profit	1,202	2,593	3,385	3,950	3,635	4,105	4,117	4,780	4,422
Operating margin	13.6%	21.7%	20.4%	20.0%	18.2%	20.4%	19.0%	21.1%	19.2%
Other income	112	122	366	378	795	706	582	913	1,222
Interest	21	—	2	22	1	0	6	0	1
Depreciation	130	136	123	146	164	179	267	307	307
Profit before tax	958	2,411	4,351	4,026	4,266	4,632	4,085	5,385	5,336
Tax	304	711	1,011	1,022	1,223	1,389	1,271	1,733	1,508
Net profit	654	1,700	3,340	3,004	3,044	3,243	2,814	3,652	3,828

Quarters

showing latest 8 of 40 periods

	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	2,074	2,311	2,548	2,103	1,883	2,338	2,888	3,296	3,399	3,890	4,342	4,177	4,200	4,777	5,267	5,063	4,651	4,866	4,972	5,413	4,746	4,911	5,175	5,131	4,932	5,252	5,963	5,657	4,739	5,613	6,098	5,565	5,411	6,089	6,432	5,354	5,213	5,854	6,566	6,369
Operating profit	262	267	344	306	286	455	637	724	777	777	897	849	862	911	1,057	1,061	921	872	915	1,012	837	907	1,132	1,135	931	925	1,127	1,227	838	1,140	1,317	1,171	1,152	1,176	1,296	1,044	906	938	1,298	1,231
Operating margin	12.6%	11.5%	13.5%	14.5%	15.2%	19.5%	22.0%	22.0%	22.9%	20.0%	20.7%	20.3%	20.5%	19.1%	20.1%	21.0%	19.8%	17.9%	18.4%	18.7%	17.6%	18.5%	21.9%	22.1%	18.9%	17.6%	18.9%	21.7%	17.7%	20.3%	21.6%	21.0%	21.3%	19.3%	20.2%	19.5%	17.4%	16.0%	19.8%	19.3%
Other income	20	29	22	38	23	23	22	35	42	82	84	99	101	73	74	91	139	182	167	203	244	176	124	222	185	219	114	95	154	437	153	200	124	267	342	319	294	457	296	227
Interest	2	1	6	9	5	6	—	0	0	1	1	0	0	0	20	0	2	0	0	0	0	0	0	0	0	0	0	0	6	0	0	0	0	0	1	0	0	0	0	0
Depreciation	41	34	33	32	31	33	34	36	34	32	30	31	30	31	39	32	43	35	41	41	47	44	44	46	44	69	69	66	64	78	78	75	76	77	77	77	76	75	77	75
Profit before tax	188	261	266	242	189	415	579	677	740	826	950	917	1,657	953	977	1,061	1,035	1,018	1,041	1,174	1,033	1,038	1,212	1,311	1,072	1,075	831	1,256	922	1,498	1,391	1,296	1,200	1,366	1,561	1,286	1,124	1,288	1,517	1,383
Tax	67	86	81	77	59	122	176	202	211	236	268	250	257	242	251	266	263	300	300	355	268	300	375	406	308	335	241	395	300	483	458	395	396	387	438	361	322	364	406	431
Net profit	121	175	185	164	130	293	403	475	529	590	682	667	1,400	711	726	795	772	718	741	819	766	738	837	905	764	740	591	861	622	1,015	933	901	803	978	1,123	925	802	924	1,112	952
EPS ₹	—	12.10	12.80	11.40	9.00	20.30	27.80	32.80	36.70	40.80	23.60	23.10	48.40	24.60	25.10	27.50	26.70	24.80	25.60	28.30	26.50	25.50	28.90	31.30	26.40	25.60	20.40	29.80	21.50	35.10	32.20	31.20	27.80	33.80	38.80	32.00	27.70	31.90	38.40	32.90
Revenue YoY	—	—	—	—	-9.2%	1.2%	13.3%	56.7%	80.5%	66.4%	50.4%	26.7%	23.5%	22.8%	21.3%	21.2%	10.7%	1.8%	-5.6%	6.9%	2.0%	0.9%	4.1%	-5.2%	3.9%	6.9%	15.2%	10.2%	-3.9%	6.9%	2.3%	-1.6%	14.2%	8.5%	5.5%	-3.8%	-3.7%	-3.9%	2.1%	19.0%
Profit YoY	—	—	—	—	7.8%	67.6%	117.9%	189.2%	306.0%	101.1%	69.3%	40.4%	164.9%	20.5%	6.4%	19.2%	-44.9%	1.0%	2.0%	3.0%	-0.8%	2.7%	13.0%	10.5%	-0.2%	0.3%	-29.4%	-4.8%	-18.6%	37.1%	57.9%	4.7%	29.2%	-3.6%	20.3%	2.6%	-0.2%	-5.6%	-1.0%	3.0%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 28 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	23.0%	21.2%	21.1%	22.2%	22.7%	22.4%	19.8%	18.4%	20.1%	20.9%	24.2%	27.9%	26.6%	26.5%	22.3%	23.3%	25.2%	26.6%	27.6%	23.8%	24.3%	20.8%	21.6%	24.4%	26.0%	27.7%	30.3%	35.7%
ROCE	31.0%	28.5%	28.3%	28.1%	28.5%	27.4%	24.0%	23.5%	25.0%	25.6%	28.6%	31.5%	29.8%	30.5%	27.3%	28.6%	31.1%	32.0%	33.3%	29.9%	30.8%	25.9%	27.2%	24.3%	26.1%	23.9%	26.6%	27.7%
Net margin	15.9%	16.3%	16.0%	17.1%	17.3%	17.4%	18.2%	17.3%	17.9%	17.5%	17.6%	19.2%	18.3%	18.6%	16.9%	17.4%	17.5%	17.2%	17.2%	15.1%	15.1%	14.4%	14.5%	15.2%	15.4%	17.1%	16.5%	16.2%
EBITDA margin	17.2%	16.4%	15.9%	15.8%	16.4%	17.0%	17.1%	17.4%	17.9%	17.8%	17.6%	17.1%	16.0%	15.8%	18.3%	19.0%	19.3%	19.5%	19.8%	19.9%	20.2%	20.5%	20.9%	21.4%	22.0%	20.8%	20.7%	20.1%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.06	0.06	0.17	0.17	0.26	0.26	0.57	0.57	0.57	0.57	0.70
Interest coverage	1409.39	1475.52	1393.67	1156.55	2611.27	2017.02	1563.55	1096.01	1052.31	892.16	830.29	1036.74	885.56	817.65	169.49	195.91	196.26	162.90	107.60	65.86	40.86	29.64	21.39	16.81	14.46	12.46	12.15	11.43
Asset turnover	1.18	1.05	1.06	1.05	1.06	1.04	0.88	0.86	0.90	0.96	1.11	1.17	1.17	1.15	1.10	1.08	1.16	1.14	1.18	1.07	1.09	0.94	0.96	0.84	0.88	0.81	0.93	0.99

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 15 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	289	289	289	289	289	289	284	283	283	279	279	279	279	280	275
Other equity / reserves	9,878	10,806	13,731	17,567	20,136	22,944	25,753	29,079	29,048	28,683	30,700	34,909	33,891	38,552	36,331
Total equity	10,167	11,095	14,020	17,857	20,425	23,234	26,036	29,362	29,331	28,962	30,979	35,189	34,170	38,832	36,606
Borrowings	58	112	—	—	—	—	0	0	0	1,786	5,119	9,237	19,565	21,981	25,778
Current liabilities	4,731	4,477	2,781	3,213	4,111	4,874	6,002	5,271	6,564	9,091	10,584	11,584	22,516	19,338	24,060
Non-current liabilities	410	393	439	568	604	727	477	504	571	1,290	4,279	7,426	8,770	17,664	19,593
Total assets	15,308	15,966	17,240	21,638	25,141	28,834	32,516	35,136	36,467	39,344	45,842	54,199	65,456	77,223	81,559
Property, plant & equipment	2,006	1,917	1,936	1,899	1,821	1,689	1,692	2,762	2,875	3,147	3,140	3,589	3,521	7,727	7,631
Capital work-in-progress	33	102	27	11	11	12	222	85	52	28	141	29	58	120	201
Investments	8,448	8,985	—	—	—	—	22,786	26,183	26,304	28,087	28,552	28,914	28,973	24,642	23,890
Inventories	641	814	719	728	743	962	1,327	1,564	1,554	1,689	1,712	2,077	2,146	6,294	6,270
Receivables	796	717	718	953	1,492	2,560	2,504	1,752	2,090	2,076	2,819	2,125	3,099	3,473	5,310
Cash & equivalents	501	593	820	288	776	916	1,037	242	675	560	1,110	2,332	1,805	2,990	2,177

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 11 periods

	FY14‡	FY15‡	FY16‡	FY17‡	FY18‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	3,502	2,114	3,690	3,267	4,328	3,120	4,197	5,277	6,558	-1,406	2,597
Cash from investing	-2,100	-414	-113	-3,683	-2,053	-2,868	-81	1,200	-344	-1,056	-7,034
Cash from financing	-1,496	-1,644	-3,384	-190	-1,885	-20	-4,056	-7,181	-6,167	4,230	5,079
Capex	—	—	—	199	183	244	551	1,110	723	874	722
Free cash flow	—	—	—	3,068	4,145	2,876	3,646	4,167	5,835	-2,279	1,874
Dividends paid	1,302	1,445	2,863	173	1,588	9	4,049	4,047	3,960	2,235	5,855

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹7,631 cr9%

CWIP

₹201 cr0%

Investments

₹23,890 cr29%

Inventories

₹6,270 cr8%

Receivables

₹5,310 cr7%

Cash & equivalents

₹2,177 cr3%

Other assets

₹36,080 cr44%

Peer comparison

largest in Automobile and Auto Components · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Maruti Suzuki India Ltd.	4,00,860	12,750.00	29.8	3.68	12.3%
Mahindra & Mahindra Ltd.	3,67,588	3,287.20	19.0	3.75	19.8%
Bajaj Auto Ltd.	2,99,543	10,900.00	22.9	8.18	35.7%
TVS Motor Company Ltd.	2,13,401	4,491.70	55.8	18.81	33.7%
Eicher Motors Ltd.	2,10,528	7,669.50	36.5	8.39	23.0%
Hyundai Motor India Ltd.	1,73,071	2,130.00	51.8	8.49	16.4%
Samvardhana Motherson International Ltd.	1,67,340	158.55	35.4	3.69	10.4%
Bosch Ltd.	1,49,565	50,700.00	56.5	19.51	34.6%
Hero MotoCorp Ltd.	1,10,343	5,513.00	18.4	4.71	25.6%
Tata Motors Passenger Vehicles Ltd.	1,07,602	292.00	1.4	0.96	70.7%

StoxGud checklist: Bullish setup · 9/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+10.3%

6 months+2.8%

1 year+20.7%

3Y CAGR+26.3%

5Y CAGR+23.6%

10Y CAGR+14.5%

50-day avg₹10,925.38

200-day avg₹10,317.14

RSI (14)65

Long-term financials (FY09–FY15)

from published annual reports

Year	Revenue	Profit before tax	Net profit
FY15	₹21,614 Cr	₹4,083 Cr	₹3,026 Cr
FY14	₹20,158 Cr	₹4,655 Cr	₹3,380 Cr
FY13	₹20,042 Cr	₹4,277 Cr	₹3,133 Cr
FY12	₹19,595 Cr	₹4,013 Cr	₹3,045 Cr
FY11	₹16,429 Cr	₹4,438 Cr	₹3,455 Cr
FY10	₹11,921 Cr	₹2,301 Cr	₹1,597 Cr
FY09	₹8,446 Cr	₹826 Cr	₹535 Cr

Years before FY17 follow the older Indian GAAP standard, so they are not exactly comparable with recent years.

Compare Bajaj Auto Ltd. with

Maruti Suzuki India vs Bajaj Auto Mahindra & Mahindra vs Bajaj Auto Bajaj Auto vs TVS Motor Company Bajaj Auto vs Eicher Motors

FAQs

What is the share price of Bajaj Auto Ltd.?

Bajaj Auto Ltd. (BAJAJ-AUTO) closed at ₹10,900.00 on NSE on 06 Nov 2026.

What is the market cap of Bajaj Auto Ltd.?

₹2,99,543 crore at the latest close.

What is the P/E ratio of Bajaj Auto Ltd.?

22.9, on trailing-twelve-month earnings from its filings.

How fast is Bajaj Auto Ltd. growing?

Bajaj Auto Ltd.: revenue has compounded at 19.9% a year over three years; net profit at 21.0% a year. Latest-quarter revenue is up 59.7% year on year, profit up 61.9%.

How profitable is Bajaj Auto Ltd.?

On a trailing-twelve-month basis return on equity is 35.7%, return on capital employed 27.7%, operating margin 20.1%, net margin 16.2%.

How much debt does Bajaj Auto Ltd. have?

Bajaj Auto Ltd. is moderately geared: debt to equity is 0.70 with borrowings of ₹25,778 cr against cash of ₹2,177 cr (balance sheet of 2026-09-30). Operating profit covers interest 11.4 times.

Financials parsed from Bajaj Auto Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.