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BAJAJ-AUTO · NSE · 2/3 Wheelers

Bajaj Auto Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Large Cap · AMFI list Jan-Jun 2026 · Vendor sector: Consumer Cyclical
fair low confidence No valuation within 120 days; P/E 23.2 vs peers 28.4 (3rd of 7); P/B 7.0 vs peers 6.1 (5th of 9).
Statements through FY2026Prices adjusted for 1 corporate actionNot yet reviewed by the adversarial model

What is Bajaj Auto's share price today?

Bajaj Auto last traded at ₹10,034.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 2.6% on the day, up 7.8% over a year. Its 52-week range is ₹8,605 to ₹12,470. The live price is in the app.

₹10,034.00 +2.6% today
+7.8% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range37% of the way up
Low ₹8,605High ₹12,470

What is Bajaj Auto's market cap?

Bajaj Auto's market capitalisation is about ₹2.69 lakh crore: what it would cost to buy every share at today's price. That makes it the 32nd largest large cap company we cover.

₹2.7 L Cr Large Cap32nd largest large cap company
Large Cap means the 100 largest listed companies, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: BAJAJ-AUTO
ISIN
INE917I01010
Cap bucket
Large Cap, 32nd largest by market cap
Industry (NSE)
Consumer Discretionary › Automobile and Auto Components › Automobiles › 2/3 Wheelers
Listed since
2008
Futures and options
Traded

Is Bajaj Auto overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 23.2 vs peers 28.4 (3rd of 7); P/B 7.0 vs peers 6.1 (5th of 9).

Valuation

Latest price and trailing 12 months
P/E 23.22
vs peers 28.4 · 3rd of 7
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 7.01
vs peers 6.1 · 5th of 9
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹2.69 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 1.7%
vs peers 1.1% · 2nd of 7
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 0.16
vs peers 1.0 · 1st of 6
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 1.06
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Bajaj Auto a quality business?

Quality score 49.1, 5th of 9 in its peer set; WATCH on 30 of 30 flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 49.1
vs peers 49.0 · 5th of 9
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level WATCH
30 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE 29.3%
vs peers 25.5% · 4th of 8
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE 38.4%
vs peers 31.2% · 1st of 8
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin 15.7%
vs peers 8.5% · 3rd of 8
Profit after everything, as a share of revenue. Learn more →
EPS ₹378.34
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
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Has Bajaj Auto made money for shareholders?

Yes: +7.8% over one year and +23.2% a year over five years.

Shareholder returns

1-year return +7.8%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +23.2% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−2.5%
1M
−14.4%
3M
−5.8%
6M
−0.4%
1Y
+7.8%
3Y
+27.0%
5Y
+23.2%

Does Bajaj Auto pay a dividend?

Yes. Bajaj Auto's dividend yield is 1.71% at the latest price; the last payout was ₹150.00 a share, ex-dividend 29 May 2026.

Dividends

Per share, by ex-dividend date
Dividend yield1.71%
The past 12 months' dividends as a share of today's price.
29 May 2026 · Final₹150.00
20 Jun 2025 · Final₹210.00
14 Jun 2024 · Final₹80.00
30 Jun 2023 · Final₹140.00
30 Jun 2022 · Final₹140.00
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Bajaj Auto growing?

Revenue 3 years 19.8% a year; profit 3 years 21.0% a year; revenue 5 years 15.9% a year.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years 19.8% a year
vs peers 16.5% · 3rd of 9
Compound annual growth of revenue over three years. Learn more →
Profit 3 years 21.0% a year
vs peers 23.7% · 6th of 8
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years 15.9% a year
Compound annual growth of revenue over five years. Learn more →
Profit 5 years 13.8% a year
Compound annual growth of net profit over five years. Learn more →
EPS 3 years 22.0% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years 18.0% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
P/E vs own history -8.5%
vs peers -20.3% · 5th of 7
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →

How did Bajaj Auto do last quarter?

Bajaj Auto reported revenue of ₹20,870 Cr, up 23.4% on a year earlier and a net profit of ₹3,189 Cr, up 44.4% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Revenue, latest quarter₹20,870 Cr
+23.4% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹3,189 Cr
+44.4% on a year earlier
What was left for shareholders after every cost and tax.

How does Bajaj Auto compare with its peers?

Compared with 8 Automobiles (the industry, as the basic industry was too small); 3rd of 7 on P/E; 5th of 9 on quality score.

Compared with 8 Automobiles (the industry, as the basic industry was too small)

8 companies

Bajaj Auto against its peers

Largest 8 of 8 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
Bajaj Auto Ltd₹2.7 L Cr23.27.029.3%38.4%+7.8%
Maruti Suzuki India Ltd₹3.6 L Cr25.13.714.5%18.5%−30.0%
Mahindra & Mahindra Ltd₹3.5 L Cr16.94.823.0%28.7%−19.2%
Eicher Motors Ltd₹1.9 L Cr33.58.325.0%31.2%+2.0%
TVS Motor Company Ltd₹1.8 L Cr53.614.234.2%37.1%+10.4%
Hyundai Motor India Ltd₹1.6 L Cr31.87.530.3%35.1%−18.6%
Tata Motors Passenger Vehicles Ltd₹1.0 L Cr—4.4302.8%15.1%−30.0%
Hero MotoCorp Ltd₹97,979 Cr18.04.725.5%32.4%−11.9%
Ather Energy Ltd₹56,905 Cr—11.2——+134.6%
Peer median—28.46.125.5%31.2%−15.3%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Bajaj Auto?

Bajaj Auto is held by promoters 55.0%, foreign institutions 9.0%, domestic institutions 13.5%.

Shareholding pattern

Latest filing, percent of shares
Promoters55.0%
The founders and controlling group.
Foreign institutions9.0%
Overseas funds investing through the FPI route.
Domestic institutions13.5%
Indian insurers, banks, pension and mutual funds together.
Mutual funds6.0%
Indian mutual fund schemes; part of domestic institutions.
Retail and others6.1%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Bajaj Auto?

37 analysts cover Bajaj Auto, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

37 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Bajaj Auto do and what is it sensitive to?

Bajaj Auto Limited makes and sells motorcycles, electric scooters (Chetak), three-wheelers and commercial vehicles to dealer networks in India and about 100 countries. Sensitive to: rupee exchange rate.

Business-model card

FY2025 · 41 verified
5Revenue
4Channels
1Regulators
3Reg. dependencies
4Sensitivities
4Costs
4Geographies

Bajaj Auto Limited makes and sells motorcycles, electric scooters (Chetak), three-wheelers and commercial vehicles to dealer networks in India and about 100 countries. It earns mainly from vehicle sales; the consolidated segment table shows Automotive as the largest segment, with the Financing and Investments segments much smaller.

Revenue by segment

Year ended 31 March 2025 (FY2025), consolidated, from note 43 Segment information (Business segment)
Automotive95.3%
Investments2.8%
Financing2.0%

Revenue engine

5 verified
Automotive business (motorcycles, three-wheelers, electric vehicles)
Largest reported segment; the excerpt names it as the main source of risk and rewards. Interpretation: vehicle sales to dealers and exporters are its earnings base.
Domestic motorcycle line (125cc+ focus)
Motorcycle revenue; the company says domestic motorcycle revenue peaked on the 125cc+ segment.
Commercial vehicles (three-wheelers)
Three-wheeler line; revenue reached a new level in the year.
2 more statements
Electric scooters (Chetak)
Electric two-wheeler line; the excerpt ties its growth to volumes and dealer network expansion.
Financing segment
Smaller segment, shown separately from Automotive in the segment table. Interpretation: it is linked to the credit subsidiary named in the subsidiary disclosure.

Customers & channels

4 verified
Dealers and distributors (98.0%)
Main sales channel for vehicles; the BRSR table states the share of total sales made to them.
Export customers (31.6%)
Exports are a stated share of turnover, so overseas buyers are a material channel.
Export share of sales in FY25 (33.7%)
Exports rose as a share of sales versus the prior year.
1 more statement
Chetak retail touchpoints
Retail network for the electric scooter; the company says network expansion drove its leadership.

Regulators

1 verified
Motor Vehicles Act, 1988 and Rules
Governs product certification of the vehicles the company manufactures, required before production.

Regulatory dependencies

3 verified
Product certification before production
Interpretation: a change to certification rules would affect the timing and cost of launching new vehicle models.
Income tax rebate threshold (Union Budget 2025)
Raises disposable income for middle-income buyers, which the company links to two- and three-wheeler demand.
Emissions and low-carbon legislation
Interpretation: stricter emission or carbon-tax rules would raise compliance costs unless low-carbon technology is adopted.

Sensitivities

4 verified
Rupee exchange rate
A strengthening rupee is stated to pressure margins. Interpretation: export revenue in dollars converts to fewer rupees.
Foreign exchange exposure on exports
Export receipts are mainly in US dollars, so rupee movements change rupee revenue.
Interest rates (repo rate cut)
Repo rate was cut; the excerpt does not state a direct effect on the company. Interpretation: lower rates reduce borrowing and financing costs.
1 more statement
Local currency and FX availability in export markets
FY23 and FY24 export volumes fell; the company attributes the decline to currency swings and FX unavailability.

Cost inputs

4 verified
Raw materials and components
Valued at weighted-average cost or net realisable value, whichever is lower.
Energy consumption
Energy use drives production costs, as the company notes.
MSME and small-producer suppliers (18.8%)
Share of total purchases by value sourced directly from MSMEs or small producers.
1 more statement
Trading-house purchases
Share of total purchases made from trading houses.

Geographies

4 verified
India and rest of the world (segment revenue)
The company reports revenue split between India and the rest of the world.
Latin America
Led double-digit export growth; the company reports record LATAM motorcycle sales.
LATAM motorcycles
Highest-ever motorcycle sales recorded in the region in FY25.
1 more statement
International markets
Exports reach about 100 countries.
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.

What changed recently?

Q1 FY2027 results filed (21 Jul 2026).

Change log

8 entries · newest first
  1. Results filedQ1 FY2027 results filed.
  2. Corporate actionBuy Back.
  3. Corporate actionDividend - Rs 150 Per Share.
  4. Results filedQ4 FY2026 results filed.
  5. Results filedQ3 FY2026 results filed.
  6. Results filedQ2 FY2026 results filed.
  7. Results filedQ1 FY2026 results filed.
  8. Corporate actionDividend - Rs 210 Per Share.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsWATCH on 30 of 30 flags judged; 2 red.
  • Data gapsBusiness quality: not available yet.

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓221 months of month-end prices, adjusted for bonuses and splits (1 corporate action)○no valuation of ours yet✓business-model card FY2025 · 41 verified

Questions people ask

What is Bajaj Auto's share price today?

Bajaj Auto last traded at ₹10,034.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 2.6% on the day, up 7.8% over a year. Its 52-week range is ₹8,605 to ₹12,470. The live price is in the app.

What is Bajaj Auto's market cap?

Bajaj Auto's market capitalisation is about ₹2.69 lakh crore: what it would cost to buy every share at today's price. That makes it the 32nd largest large cap company we cover.

Is Bajaj Auto Ltd a large cap, mid cap or small cap?

Bajaj Auto Ltd (BAJAJ-AUTO) is a large cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Bajaj Auto Ltd's P/E ratio?

23.22, vs peers 28.4 · 3rd of 7. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Bajaj Auto Ltd overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 23.2 vs peers 28.4 (3rd of 7); P/B 7.0 vs peers 6.1 (5th of 9).

How does Bajaj Auto Ltd make money?

Bajaj Auto Limited makes and sells motorcycles, electric scooters (Chetak), three-wheelers and commercial vehicles to dealer networks in India and about 100 countries. It earns mainly from vehicle sales; the consolidated segment table shows Automotive as the largest segment, with the Financing and Investments segments much smaller.

Who are Bajaj Auto Ltd's peers?

Compared with 8 Automobiles (the industry, as the basic industry was too small): Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd, Eicher Motors Ltd, TVS Motor Company Ltd, Hyundai Motor India Ltd and 3 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Bajaj Auto do last quarter?

Bajaj Auto reported revenue of ₹20,870 Cr, up 23.4% on a year earlier and a net profit of ₹3,189 Cr, up 44.4% in the Jun 2026 quarter.

Who owns Bajaj Auto?

Bajaj Auto is held by promoters 55.0%, foreign institutions 9.0%, domestic institutions 13.5%.

Does Bajaj Auto pay a dividend?

Yes. Bajaj Auto's dividend yield is 1.71% at the latest price; the last payout was ₹150.00 a share, ex-dividend 29 May 2026.

What do analysts say about Bajaj Auto?

37 analysts cover Bajaj Auto, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on Bajaj Auto, and 6,621 other companies, with 212 filters and the full peer tables

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