Bajaj Auto Limited

Automobile and Auto Components · Automobiles

NSE: BAJAJ-AUTO BSE: 532977

₹10874.00

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Automobiles

The largest companies in the same industry by market cap. This company ranks #3 of 18. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Maruti Suzuki India Limited	376,246	26.8	13.7%	-25.0%	1.17%	68	28	43
Mahindra & Mahindra Limited	366,841	22.3	17.0%	-14.8%	1.12%	62	68	10
Bajaj Auto Limited (this stock)	303,926	28.3	26.3%	26.1%	1.38%	87	42	28
Eicher Motors Limited	196,266	37.4	22.0%	1.8%	—	94	16	25
TVS Motor Company Limited	195,071	48.6	29.7%	18.7%	—	60	30	32
Hyundai Motor India Limited	165,027	33.9	27.1%	-20.0%	1.03%	80	2	30
Hero MotoCorp Limited	104,869	18.7	26.5%	-3.5%	3.53%	88	63	31
Tata Motors Passenger Vehicles Limited	104,401	1667.6	69.5%	-60.5%	1.06%	51	50	10

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹302,705 Cr

EV / EBITDA

20.5x

EV / Sales

4.78x

Market cap / Sales

4.79x

Earnings yield

3.53%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 17,756 Cr, up 36.4% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 2,983 Cr, up 42.3% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	17,244	3,985	2,983	₹106.8000
March 31, 2026	16,006	3,663	2,746	₹98.3000
Dec. 31, 2025	15,220	3,327	2,503	₹89.7000
Sept. 30, 2025	14,922	3,295	2,480	₹88.8000
June 30, 2025	12,584	2,788	2,096	₹75.1000
March 31, 2025	12,148	2,703	2,049	₹73.4000
Dec. 31, 2024	12,807	2,801	2,109	₹75.5000
Sept. 30, 2024	13,127	2,925	2,005	₹71.9000
June 30, 2024	11,928	2,622	1,988	₹71.2000
March 31, 2024	11,485	2,542	1,936	₹68.5000
Dec. 31, 2023	12,114	2,676	2,042	₹72.2000
Sept. 30, 2023	10,777	2,400	1,836	₹64.9000
June 30, 2023	10,310	2,205	1,665	₹58.9000

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	17,756	16,427	15,562	15,291	13,015	12,529	13,142	13,512	12,249	11,833	12,460	11,139	10,656
Operating revenue	17,244	16,006	15,220	14,922	12,584	12,148	12,807	13,127	11,928	11,485	12,114	10,777	10,310
Other income	512	421	342	369	431	381	335	385	321	349	346	361	346
Operating expenses	13,648	12,683	12,060	11,870	10,103	9,697	10,226	10,475	9,513	9,178	9,684	8,644	8,356
Operating profit	3,595	3,323	3,160	3,052	2,482	2,451	2,581	2,652	2,415	2,306	2,430	2,133	1,954
Operating profit margin	20.9%	20.8%	20.8%	20.5%	19.7%	20.2%	20.2%	20.2%	20.2%	20.1%	20.1%	19.8%	19.0%
Depreciation	118	114	112	112	111	111	100	96	94	91	88	88	84
Interest	4	5	3	14	14	17	14	16	21	23	12	7	12
Exceptional items, gain / (loss)	—	38	-61	—	—	—	—	—	—	—	—	—	—
Profit before tax	3,985	3,663	3,327	3,295	2,788	2,703	2,801	2,925	2,622	2,542	2,676	2,400	2,205
Tax	1,002	917	824	815	692	654	693	920	634	606	634	564	540
Net profit	2,983	2,746	2,503	2,480	2,096	2,049	2,109	2,005	1,988	1,936	2,042	1,836	1,665
EPS	106.80	98.30	89.70	88.80	75.10	73.40	75.50	71.90	71.20	68.50	72.20	64.90	58.90
Net profit (TTM)	10,712	9,825	9,128	8,734	8,259	8,151	8,038	7,971	7,802	7,479	6,976	6,425	6,119
EPS (TTM)	383.60	351.90	327.00	312.80	295.90	292.00	287.10	283.80	276.80	264.50	246.70	227.20	215.80

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	58,732	13,072	9,825
March 31, 2025	50,010	11,052	8,151
March 31, 2024	44,685	9,822	7,479
March 31, 2023	36,428	7,409	5,628

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 18	Mar 17
Total income (before exceptional items)	17.0%	15.8%	60,295^†	51,431^†	46,088^†	37,609^†	34,354^†	29,018^†	31,652^†	26,911^†	18,755^†
Operating revenue	17.3%	16.2%	58,732	50,010	44,685	36,428	33,145^†	27,741^†	29,919^†	25,563^†	17,533^†
Other income	—	—	1,563^†	1,421^†	1,402^†	1,181^†	1,209^†	1,276^†	1,734^†	1,347^†	1,222^†
Operating expenses	—	—	46,716^†	39,912^†	35,862^†	29,878^†	27,886^†	22,813^†	24,822^†	20,780^†	18,665^†
Operating profit	22.4%	19.5%	12,017^†	10,099^†	8,823^†	6,549^†	5,259^†	4,928^†	5,096^†	4,783^†	-1,132^†
Operating profit margin	—	—	20.5%^†	20.2%^†	19.7%^†	18.0%^†	15.9%^†	17.8%^†	17.0%^†	18.7%^†	-6.5%^†
Depreciation	—	—	448^†	400^†	350^†	282^†	269^†	259^†	246^†	315^†	307^†
Interest	—	—	36^†	68^†	54^†	39^†	9^†	7^†	3^†	1^†	1^†
Exceptional items, gain / (loss)	—	—	-24^†	0^†	0^†	0^†	315^†	0^†	0^†	-32^†	0^†
Profit before tax	20.8%	17.1%	13,072	11,052	9,822	7,409	6,505^†	5,939^†	6,580^†	5,783^†	5,336^†
Tax	—	—	3,247^†	2,900^†	2,343^†	1,781^†	1,486^†	1,384^†	1,480^†	1,714^†	1,508^†
Net profit	20.4%	16.6%	9,825	8,151	7,479	5,628	5,019^†	4,555^†	5,100^†	4,068^†	3,828^†
EPS	21.2%	17.4%	351.90^†	292.00^†	264.50^†	197.50^†	173.60^†	157.50^†	176.30^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 18	Mar 17
Operating margin	20.5%^†	20.2%^†	19.7%^†	18.0%^†	15.9%^†	17.8%^†	17.0%^†	18.7%^†	-6.5%^†
EBIT margin	22.3%^†	22.2%^†	22.1%^†	20.4%^†	19.7%^†	21.4%^†	22.0%^†	22.6%^†	30.4%^†
PBT margin	22.3%	22.1%	22.0%	20.3%	19.6%^†	21.4%^†	22.0%^†	22.6%^†	30.4%^†
Net margin	16.7%	16.3%	16.7%	15.4%	15.1%^†	16.4%^†	17.0%^†	15.9%^†	21.8%^†
Interest coverage	364.81x^†	164.20x^†	184.59x^†	188.66x^†	752.19x^†	892.74x^†	2083.34x^†	4415.18x^†	3812.16x^†
Dividend payout	59.7%^†	27.4%^†	52.9%^†	70.9%^†	80.6%^†	0.0%^†	102.1%^†	—	—
Earnings retention	40.3%^†	72.6%^†	47.1%^†	29.1%^†	19.4%^†	100.0%^†	-2.1%^†	—	—
Current ratio	1.71x	1.49x	—	—	—	—	—	—	—
Quick ratio	1.47x	1.27x	—	—	—	—	—	—	—
Debt to equity	0.00x	0.02x	—	—	—	—	—	—	—
Return on equity	28.1%	25.4%	—	—	—	—	—	—	—
Return on assets	21.4%	19.2%	—	—	—	—	—	—	—
Return on capital employed	36.3%^†	33.3%^†	—	—	—	—	—	—	—
Asset turnover	1.28x	1.18x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	8,961	-1,936	-6,617	430	8,531
March 31, 2025	7,267	-3,641	-3,254	725	6,541
March 31, 2024	7,478	-139	-7,110	808	6,671
March 31, 2023	5,512	1,334	-7,179	943	4,569
March 31, 2022	4,208	-96	-4,056	551	3,657

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	45,886	34,975	34,695	0	0	16,729	9,795	1,221	3,467	2,354
March 31, 2025	42,429	32,147	31,868	800	0	13,427	9,003	813	3,500	1,958
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.