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Bajaj Auto share price & results

Bajaj Auto· Automobile and Auto Components· Consumer Discretionary

Results to
Sept 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

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

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue25,126 ₹ crore+59.7% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin19.0 %+1.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit3,384 ₹ crore+59.5% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity35.79 %+6.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin3.00 %+7.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)47.85 %+9.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

7 of 12 judged targets kept · 11 open · verdicts reflect calls analysed to Q1 FY27.

Bajaj Auto management guidance track record on Inve: 23 targets tracked across analysed earnings calls (7 achieved, 5 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Exports Growth20% plus year-on-year for the next 3 to 6 months.
Call transcript, Q3 FY25 · 28 Jan 2025		Q3 FY25Q1 FY27:Historical promise remains achieved.
Call transcript, Q1 FY27 · 21 Jul 2026		Achieved
Brazil Capacity Expansion50,000 units plus level per annum, to be in place by the final quarter of FY '26.
Call transcript, Q3 FY25 · 28 Jan 2025		Q3 FY25Q1 FY27:No mention of Brazil capacity expansion. The deadline has passed and the promise remains unaddressed.
Call transcript, Q1 FY27 · 21 Jul 2026		Ghosted
e-Rickshaw Launch & Scale-upIntend to launch a modern e-Rick by the end of this financial year (FY25).
Call transcript, Q3 FY25 · 28 Jan 2025		Q3 FY25Q1 FY27:Management acknowledged significant hurdles to scale-up, including issues with financing and higher pricing, explaining the continued delay.
Call transcript, Q1 FY27 · 21 Jul 2026		Delayed

Source: Inve Guidance Tracker for Bajaj Auto · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Bajaj Auto's 23 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 20 more targets are in the full ledger.

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Price

₹10,390 +3.17% · +₹319

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +14.5% 1Y

₹9k₹10k₹11k₹12kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 7 Nov 2025Q3 FY26 — 30 Jan 2026Q4 FY26 — 6 May 2026Q1 FY27 — 21 Jul 2026

1Y: ₹9,076.5 on 24 Oct 2025 → ₹10,390. High ₹12,361 (1 Sept 2026), low ₹8,720.5 (6 Nov 2025).

Previous close
₹10,071
Market cap
₹2.9L Cr
52-week range
₹8,720.5 – ₹12,361
One year
+14.23%
Price to earnings (TTM to Sept 2026)
21.76×
Return on equity (TTM to Sept 2026)
35.79%

Overview

Symbol
NSE:BAJAJ-AUTO
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Bajaj Auto does

Based on the company's own presentations, annual report and earnings calls.

Bajaj Auto designs, manufactures and sells two-wheelers (ICE and electric motorcycles/scooters) and three-wheelers (ICE and electric commercial passenger/cargo vehicles) for the domestic Indian market and for export. It earns primarily by selling vehicles through domestic dealer networks and export distributors, supplemented by a spares and accessories business. Its premium motorcycle portfolio is built on the KTM and Triumph brands, and the company has taken a controlling stake in KTM's Austria-based parent, widening its manufacturing and brand reach beyond India. It is also scaling a financing arm (Bajaj Auto Credit) and an in-house R&D subsidiary (Bajaj Auto Technology) to support the vehicle business.

Segments

  • Motorcycles
  • Commercial Vehicles
  • Electric Vehicles
  • Probiking (Premium Motorcycles)
  • Exports
  • Spares
Manufacturing plants (works)
5 — Akurdi (Pune), Chakan Plant-1 and Plant-2 (Pune), Waluj/Bajaj Nagar (Chhatrapati Sambhajinagar), Pantnagar (Uttarakhand)
Export footprint
100+ countries
Market position — electric 2W+3W
India's largest combined electric two-wheeler and three-wheeler player
Market position — electric three-wheelers
Segment leader with the widest portfolio and service footprint in the country
Registered/in-house R&D subsidiary
Bajaj Auto Technology Ltd.
Financing subsidiary
Bajaj Auto Credit Ltd.
Headquarters Akurdi, Pune, Maharashtra, India Company website

How the price took the results

close before → close after

Q1 FY27
−1.1%
21 Jul
Q4 FY26
+2.7%
6 May
Q3 FY26
+0.9%
30 Jan
Q2 FY26
+0.0%
7 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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