1. Bajaj Auto
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53% Buy

Bajaj Auto Share Price

BAJAJ-AUTO

₹9,064.85+₹59.30 (0.66%) Past Year
₹8,930.00₹9,119.00
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Company overview

About

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Market cap

Market Cap Switch₹2,31,886 Cr

Open

₹8,949.05

Close

₹9,005.55

Circuit range

₹9,906.10 - ₹8,105.00

Day range

₹8,930.00 - ₹9,119.00

Year range

₹4,070.55 - ₹9,357.95

Volume

4,80,474

Avg. traded

₹9,068.51

Revenue (12m)

₹42,245 Cr

Bajaj Auto

Part of the Bajaj Group, founded by Jamna Lal Bajaj, Bajaj Auto is among the largest two and three-wheeler manufacturers in India. The company is engaged in the development, manufacturing and distribution of motorcycles, commercial vehicles and electric two-wheelers and their parts. It was incorporated under the name M/S Bachraj Trading Corporation Limited.

The company started selling imported two- and three-wheelers in India in 1948 before obtaining a licence for manufacturing from the Government of India in 1959. Bajaj Auto became a public entity in 1960. The same year it launched the iconic Vespa 150, under the licence from Piaggio of Italy.

Business operations

By 1970, Bajaj rolled out its 100,000th vehicle, marking a significant milestone in a country where the automobile demand was largely limited. A year later, the company rolled out its first three-wheeler goods carrier. In the year 1972, Bajaj launched the Chetak scooter which in years to come attained an iconic status in the country. The company entered the autorickshaw segment with the launch of Bajaj Re.

With the back-to-back launches going its way, Bajaj saw an opportunity in the bike segment and introduced its highly popular M50 which received great response. In 1985, the company started production in its Waluj plant in Mahrashtra's Aurangabad. Bajaj teamed with Japan's Kawasaki to launch a conventional modern-day two-stroke motorcycle KB100 in 1986.

The company introduced its cult Hamara Bajaj campaign which in years to come played a significant role in the brand's recall value. After Chetak, it was time for the company to introduce another scooter, Sunny. The new scooter, launched in 1990, was targeted at young buyers.

Sunny was followed up with the launch of Kawasaki Bajaj 4S Champion in 1991. In five decades of its operation, Bajaj Auto completed the milestone of selling 10 million vehicles in the Indian market in 1995.

Two years later, Bajaj rolled out another new product, Boxer. The bike was not just a success in India but gained massive response in the African markets as well.

The company launched Bajaj Caliber which set a new record of selling 1 lakh units in just a year, showing the growing demand for motorcycles in India.

With the turn of the century, Bajaj entered the sports biking segment by launching the Pulsar in 2001. The bike, after two decades of its launch, is among the best-selling in its segment even today.

Bajaj introduced a new engine option in the Pulsar bikes, loading it with DTS-i technology.

The year 2004 saw the company introducing Bajaj Discover and CT100. A year later, Bajaj Avenger made its way to the market.

In 2007, Bajaj announced a partnership with KTM to bring racing bikes to the country. In 2013, the company introduced the first made-in-India KTM bikes — Duke 125 and Duke 250.

In 2019, the company made a move in the electric two-wheeler segment with the launch of revamped Chetak. The company invested ₹300 crore for a manufacturing unit at Akurdi. The new unit can produce 5 lakh EV units every year.

Bajaj Auto's market capitalisation stood at over ₹1.89 lakh crore as of December 27, 2023. Bajaj Auto's share price has surged over 98% in the last three years.

Financial Highlights

  • The total income stood at ₹ 37,642.90 crore in FY23 following a 9.3% growth from the figures of ₹34,428.85 crore in the previous financial year.
  • The revenue from operations in FY23 was ₹36,455.38 crore, up from ₹33,144 crore in the previous year.
  • The company made expenses of ₹30,330.21 crore in FY23.
  • Bajaj Auto reported a profit of ₹ 6,060.21 crore in FY23.
  • The earnings per share (EPS) of the auto giant was ₹212.5 in FY23, marginally down from ₹213.2 in the last fiscal year.

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Bajaj Auto Key indicators

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52 week high

₹9,357.95

52 week low

₹4,070.55

P/E ratio

34.64

P/B ratio

8.08

ROE

21.64%

ROCE

28.46%

Dividend yield

1.54%

Debt/Equity ratio

EPS

198.88

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Investment checklist: (4/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

53%

Hold

29%

Sell

18%

This analysis is based on the reviews of 40 experts in the last 7 days

Brands by Bajaj Auto

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brand logo

Chetak

brand logo

Pulsar

brand logo

Bajaj Maxima Z

brand logo

Avenger

brand logo

Bajaj RE

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

21.04%

Net profit margin

15.32%

ROE

21.64%

ROA

17.85%

ROCE

28.46%

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Bajaj Auto Shareholder returns

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1 day

+0.66%

1 week

-0.89%

1 month

+6.30%

3 months

+24.14%

1 year

+111.50%

3 years

+156.00%

5 years

+201.34%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Bajaj Auto Share Price history

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DayOpenCloseDay’s change
Fri, Apr 12 2024
₹8,949.05
₹9,064.85
+1.28%
Wed, Apr 10 2024
₹9,034.80
₹9,005.55
-0.32%
Tue, Apr 9 2024
₹9,090.00
₹8,978.90
-1.24%
Mon, Apr 8 2024
₹9,049.00
₹9,030.50
-0.20%
Fri, Apr 5 2024
₹9,130.00
₹9,009.50
-1.34%
Thu, Apr 4 2024
₹9,139.00
₹9,146.15
+0.08%
Wed, Apr 3 2024
₹9,248.95
₹9,080.45
-1.86%
Tue, Apr 2 2024
₹9,150.00
₹9,276.10
+1.36%

Shareholding info

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Promoters (54.94%)

Mutual Funds (5.32%)

Retail and other (21.68%)

Foreign institutions-FII (14.64%)

Other domestic institutions (3.42%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹140/share

    Ex date 30 Jun 2023

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  • Dividend • ₹140/share

    Ex date 30 Jun 2022

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Frequently asked questions