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    Bajaj Auto

    Makes 2- and 3-wheelers (ICE & electric) under Pulsar, Chetak, KTM, Triumph; exports to 100+ countries.

    Automobile and Auto Components
    Consumer Discretionary
    View BAJAJ-AUTO earnings calls
    ₹10,066
    -0.05% from avg

    Overview

    Price

    ₹10,066

    Market Cap

    ₹3.1L Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    3

    Performance

    Explore BAJAJ-AUTO

    Promise TrackerConcall Analysis

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital289289289283279279279280
    Reserves21.4k27.0k29.6k29.1k28.7k34.9k33.9k38.6k
    Borrowings1261211231241.9k9.4k19.7k22.7k
    Other Liabilities4.7k6.2k5.1k5.7k8.5k9.6k11.6k15.4k
    Total Liabilities26.5k33.6k35.1k35.1k39.3k54.1k65.5k76.9k
    AssetsFixed Assets1.7k1.7k1.8k2.8k3.2k3.7k3.7k12.0k
    CWIP601677853561581.5k
    Investments19.9k24.7k26.6k26.2k28.1k28.9k29.0k24.6k
    Other Assets4.8k7.2k6.6k6.0k8.0k21.5k32.8k38.8k
    Total Assets26.5k33.6k35.1k35.1k39.3k54.1k65.5k76.9k

    Valuation

    Assumptions

    Current — BAJAJ-AUTO
    Price
    ₹10,066
    EPS (TTM)
    ₹364.71
    PE (TTM)
    27.6
    Profit growth
    14.4%
    ₹

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (29.2×) and current (27.6×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹10,066
    vs
    Fair value · 15% return
    ₹8,787
    13%Overvalued

    At 14.4% growth and a 28× exit, ₹10066 only delivers your return if you pay ₹8,787. The price is currently baking in 17% growth.

    EPS grows 14.4%/yr for 5 years, then fades to 6% over 2, exits at 28×.

    YearGrowthEPS (₹)
    FY2714.4%417.23
    FY2814.4%477.31
    FY2914.4%546.04
    FY3014.4%624.67
    FY3114.4%714.62
    FY3210.2% ·fade787.52
    FY336.0% ·fade834.77

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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