Bajaj Auto is a leading two- and three-wheeler manufacturer with established strength in premium motorcycles and international export operations. With a market cap of ₹3,27,600 Cr and operating margins of 20.76%, the company has built a profitable position in the two-wheeler industry. Strong ROE of 29.03% and consistent dividend payments signal sustainable cash generation.
Founded
1945
Face value
₹10
Market cap
₹2,81,260 Cr
P/E
23.9×
P/B
7.2×
Dividend yield
3.6%
ROE
29%
ROCE
29.1%
Debt / equity
0.57
OPM
20.8%
EPS (TTM)
₹420.7
Book value
₹1,389.3
52-week high
—
52-week low
Key insights
Company research notes and source-linked reviews
Key risks
Valuation: PE of 27.86 appears elevated; verify if growth and ROE justify this multiple relative to the industry
Margin volatility: OPM swings from 17.25% to 23.02% across recent quarters; assess what drives this range and whether it indicates operational or demand risks
Financial leverage: D/E of 0.57 is moderate; verify refinance needs and interest-rate sensitivity of debt service
Earnings cyclicality: Quarterly net profit ranges from ₹2,122 Cr to ₹3,492 Cr; determine whether this reflects seasonal patterns or deeper demand uncertainty
Generated analysis · source review pending
Growth drivers
Premium motorcycle leadership combined with 20.76% OPM; verify whether volume growth can be achieved without margin compression
Export presence stated in company description; verify revenue and volume growth rates by geography
ROE of 29.03% shows capital is generating returns; monitor for deterioration through industry cycles
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Mr. Dinesh Thapar
Chief Financial Officer
Mr. Rajiv GandhiCompany Secretary & Compliance Officer
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
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Shaded cells are in the money against the underlying close. Green and red mark the move against the previous close — on the premium for LTP, on the position for change in OI. Settlement prices are the exchange's, not the last trade.
Intimation of credit rating1 Sept 2026 · Credit Rating
Announcement Under Regulation 30 - Issuance, Allotment And Listing Of Non-Convertible Debentures Amounting To Rs. 500 Crores On Private Placement Basis By Bajaj Auto Credit Limited (BACL), A Wholly Owned Subsidiary Of Bajaj Auto Limited
Announcement Under Regulation 30 - Issuance, Allotment And Listing Of Non-Convertible Debentures Amounting To Rs. 500 Crores On Private Placement Basis By Bajaj Auto Credit Limited (BACL), A Wholly Owned Subsidiary Of Bajaj Auto Limited
Announcement Under Regulation 30 - Issuance, Allotment And Listing Of Non-Convertible Debentures Amounting To Rs. 500 Crores On Private Placement Basis By Bajaj Auto Credit Limited (BACL), A Wholly Owned Subsidiary Of Bajaj Auto Limited
Announcement Under Regulation 30 - Issuance, Allotment And Listing Of Non-Convertible Debentures Amounting To Rs. 500 Crores On Private Placement Basis By Bajaj Auto Credit Limited (BACL), A Wholly Owned Subsidiary Of Bajaj Auto Limited
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.