BAJAJ-AUTO

Bajaj Auto Share Price Bajaj Auto

₹8,795.75
-8.75 (-0.1%)
  • Advice
  • Hold
23 April, 2024 07:53 BSE: 532977 NSE: BAJAJ-AUTOISIN: INE917I01010

Start SIP in Bajaj Auto

Start SIP

Bajaj Auto Performance

Day Range

  • Low 8,745
  • High 8,884
₹ 8,795

52 Week Range

  • Low 4,281
  • High 9,358
₹ 8,795
  • Open Price8,884
  • Previous Close8,805
  • Volume323734

Bajaj Auto Share Price

  • Over 1 Month -1.67%
  • Over 3 Month +23.97%
  • Over 6 Month +60.23%
  • Over 1 Year +104.16%

Bajaj Auto Key Statistics

P/E Ratio 31.9
PEG Ratio 1.2
Market Cap Cr 245,560
Price to Book Ratio 8.5
EPS 267.9
Dividend 1.6
Relative Strength Index 49.25
Money Flow Index 33.66
MACD Signal 170.69
Average True Range 228.54
Bajaj Auto Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 11,48512,11410,77710,0498,632
Operating Expenses Qtr Cr 9,1789,6848,6448,3567,188
Operating Profit Qtr Cr 2,3062,4302,1331,9541,717
Depreciation Qtr Cr 9188888474
Interest Qtr Cr 231271216
Tax Qtr Cr 606634564540454
Net Profit Qtr Cr 1,9362,0421,8361,6651,433
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 46,08837,609
Operating Expenses Annual Cr 35,86229,878
Operating Profit Annual in Cr 8,8236,549
Depreciation Cr 350282
Interest Annual Cr 5439
Tax Annual Cr 2,3431,781
Net Profit Annual Cr 7,4795,628
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 5,512
Cash from Investing Activity Annual Cr 1,334
Cash from Financing Annual Activity Cr -7,179
Net Cash Flow Annual Cr -333
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 24,86125,426
Fixed Assets Annual Cr 3,2262,798
Total Non Current Assets Annual Cr 23,89322,257
Total Current Assets Annual Cr 10,3578,870
Total Assets Annual Cr 34,25131,128
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 890899
ROE Annual % 3022
ROCE Annual % 3929
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2321
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 11,25012,16510,83810,0568,661
Operating Expenses Qtr Cr 9,2719,7508,7088,3807,272
Operating Profit Qtr Cr 2,2842,4152,1301,9321,657
Depreciation Qtr Cr 9393928776
Interest Qtr Cr 301271216
Tax Qtr Cr 594634564540455
Net Profit Qtr Cr 2,0112,0332,0201,6441,705
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 46,30637,643
Operating Expenses Annual Cr 36,10930,005
Operating Profit Annual in Cr 8,7626,451
Depreciation Cr 365286
Interest Annual Cr 6040
Tax Annual Cr 2,3321,782
Net Profit Annual Cr 7,7086,060
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 5,277
Cash from Investing Activity Annual Cr 1,200
Cash from Financing Annual Activity Cr -7,181
Net Cash Flow Annual Cr -704
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 28,96229,362
Fixed Assets Annual Cr 3,2522,928
Total Non Current Assets Annual Cr 27,54525,486
Total Current Assets Annual Cr 11,7989,650
Total Assets Annual Cr 39,34435,136
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 1,0371,038
ROE Annual % 2721
ROCE Annual % 3325
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2321

Bajaj Auto Technicals

EMA & SMA

Current Price
₹8,795.75
-8.75 (-0.1%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹8,890.07
  • 50 Day
  • ₹8,490.97
  • 100 Day
  • ₹7,770.68
  • 200 Day
  • ₹6,760.36
  • 20 Day
  • ₹8,988.73
  • 50 Day
  • ₹8,557.46
  • 100 Day
  • ₹7,670.05
  • 200 Day
  • ₹6,334.68

Bajaj Auto Resistance and Support

PIVOT
₹8,808.25
Resistance
First Resistance 8,871.50
Second Resistance 8,947.25
Third Resistance 9,010.50
RSI 49.25
MFI 33.66
MACD Single Line 170.69
MACD 107.99
Support
First Resistance 8,732.50
Second Resistance 8,669.25
Third Resistance 8,593.50

Bajaj Auto Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 336,565 12,187,019 36.21
Week 773,210 30,131,984 38.97
1 Month 596,625 23,226,611 38.93
6 Month 555,742 25,825,320 46.47

Bajaj Auto Result Highlights

Bajaj Auto Synopsis

NSE-Auto Manufacturers

Bajaj Auto is involved in the business activities of Manufacture of motorcycles. Company’s Total Operating Revenue is Rs. 44685.23 Cr. and Equity Capital is Rs. 279.18 Cr. for the Year ended 31/03/2024. Bajaj Auto Ltd. is a Public Limited Listed company incorporated on 30/04/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65993PN2007PLC130076 and registration number is 130076.
Market Cap 245,560
Sales 44,685
Shares in Float 12.56
No of funds 1080
Yield 0.91
Book Value 9.88
U/D Vol ratio 1.5
LTDebt / Equity
Alpha 0.22
Beta 0.6

Bajaj Auto

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 55.06%54.94%54.98%54.99%
Mutual Funds 5.01%5.32%4.7%3.75%
Insurance Companies 2.39%2.33%3.22%4.76%
Foreign Portfolio Investors 14.53%14.64%14.37%13.67%
Financial Institutions/ Banks 0.01%0.06%0.03%
Individual Investors 9.68%9.67%9.54%9.87%
Others 13.32%13.1%13.13%12.93%

Bajaj Auto Management

Name Designation
Mr. Niraj Bajaj Chairman
Mr. Madhur Bajaj Vice Chairman
Mr. Rajiv Bajaj Managing Director & CEO
Mr. Pradeep Shrivastava Executive Director
Mr. Rakesh Sharma Executive Director
Mr. Abhinav Bindra Director
Mr. Sanjiv Bajaj Director
Mr. Anami Roy Director
Ms. Lila Poonawalla Director
Mr. Pradip Shah Director
Dr. Naushad Forbes Director
Mr. D J Balaji Rao Director

Bajaj Auto Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bajaj Auto Corporate Action

Date Purpose Remarks
2024-04-18 Audited Results & Dividend
2024-01-24 Quarterly Results
2024-01-08 Buy Back of shares
2023-10-18 Quarterly Results
2023-07-25 Quarterly Results
Date Purpose Remarks
2024-06-14 FINAL Rs.80.00 per share(800%)Dividend
2023-06-30 FINAL Rs.140.00 per share(1400%)Final Dividend
2022-07-01 FINAL Rs.140.00 per share(1400%)Dividend

About Bajaj Auto

Bajaj Auto, the flagship company of the Bajaj Group, is a two- and three-wheeler manufacturer with operations in over 70 countries across Latin America, Southeast Asia, and other regions. The company's headquarters are in Pune, India.

It now owns 48% of the KTM Brand, making sports and super sports two-wheelers, up from 14% when it first bought KTM in 2007.

M/s Bachraj Trading Corporation Private Limited, the forerunner of Bajaj Auto, was founded on November 29, 1945. It began by importing and selling two- and three-wheel motorcycles in India. It received a license from the Indian government to manufacture two-wheelers and three-wheelers in 1959 and a license from Piaggio to produce Vespa Brand Scooters in India.

In 1960, it became a public limited company. The company changed its branding from a scooter producer to a two-wheeler manufacturer after introducing motorcycles in 1986. Bajaj Auto purchased a controlling stake in the Tempo Firodia firm in the early 2000s, calling it "Bajaj Tempo." Daimler-Benz had a 16% ownership in Bajaj Tempo, but the company sold it back to the Firodia group.

Bajaj Tempo agreed to progressively phase off the "Tempo" brand name, which was still owned by Mercedes-Benz. Over the protests of Bajaj Auto, with whom the firm shares a long history and a compound wall, the company's name was changed to Force Motors in 2005, eliminating "Bajaj" and "Tempo." Bajaj Auto purchased a 14.5% investment in Austrian rival KTM through its Dutch company Bajaj Auto International Holding BV in 2007, progressively growing its position to a 48% non-controlling share by 2020.

In December 2020, Bajaj began talks with KTM's controlling stakeholder, Pierer Mobility, a subsidiary of Pierer Industrie, about selling its KTM interest to Pierer Mobility. Bajaj Auto invested around 57 crores ($8 million) in Yulu, a bicycle, and electric scooter rental startup, on November 26, 2019. Bajaj will also produce specialized electric scooters for Yulu as part of this agreement.

 

PRESENCE OF BAJAJ AUTO AND PLANTS

Bajaj Auto is the world's fourth-largest maker of two– and three-wheelers. Bajaj Auto has three plants, two in Maharashtra at Waluj and Chakan and one in Uttaranchal at Pant Nagar. The company produces bikes, scooters, and three-wheelers. Bajaj Auto has a distribution network of 485 dealers and over 1,600 authorized service centres in India. For the three-wheeler market, it has 171 exclusive dealers. It has a total of 3750 rural outlets located in rural areas.

The Bajaj brand is well–known throughout Latin America, Africa, the Middle East, and Southeast Asia. Its multi-country distribution network has a strong presence in Sri Lanka, Colombia, Bangladesh, Mexico, Central America, Peru, and Egypt. It has a technological partnership with Kawasaki Heavy Industries of Japan to create the most recent two-wheeler models. Boxer, Caliber, Wind125, Pulsar, and other brands have been introduced by Bajaj Auto. It also introduced India's first true cruiser bike, the Kawasaki Bajaj Eliminator.

 

Bajaj Auto Products

Bajaj is a company that produces and sells bikes, scooters, auto-rickshaws, and automobiles. Bajaj Auto was India's largest motorbike exporter in 2004. Bajaj is the first Indian two-wheeler company to introduce sporty four-stroke commuter motorcycles to the Indian market. With the 150cc and 180cc Pulsar, Bajaj was able to achieve this.

The CT 100 Platina, Discover, Pulsar, Avenger, and Dominar are some of Bajaj's motorcycles. In the fiscal year 2012–13, it sold 37.6 lakh (3.76 million) motorcycles, accounting for 31% of the Indian motorcycle market. About 24.6 lakh (2.46 million) motorcycles were sold in India, with the remaining 34% being exported.

Autorickshaws (Three-Wheeler)

Bajaj is the world's largest auto-rickshaw producer, accounting for over 84% of India's three-wheeler exports. During the fiscal year 2012–13, it sold around 4,80,000 three-wheelers, accounting for 57% of the total market share in India and 47% of these 4,80,000 three-wheelers were sold in the country, while 53% were exported. In Indonesia, Bajaj three-wheelers are regarded as "iconic" and "ubiquitous," to the point where the term bajaj refers to any auto-rickshaw. 

Low-Cost Cars

In 2010, Bajaj Auto announced a collaboration with Renault and Nissan Motor to produce a US$2,500 automobile with a fuel efficiency of 30 km/l (85 mpg-imp; 71 mpg-US) (3.3 L/100 km), or twice that of a typical compact car, and carbon dioxide emissions of 100 g/km.

Bajaj Auto debuted the Bajaj Qute (previously Bajaj RE60) on January 3, 2012, a tiny automobile for intra-city urban transit that is legally categorized as a quadricycle. Bajaj's three-wheeler consumers were the target market. According to its Managing Director Rajiv Bajaj, the RE60 will have a top speed of 70 kilometres per hour (43 mph), a mileage of 35 kilometres per litre (99 mpg-imp; 82 mpg-US), and carbon dioxide emissions of 60 g/km.

Electric Scooters

In January 2020, Bajaj introduced India's first electric scooter, the Chetak. Bajaj announced a 300 crore investment in December 2021 to develop an electric vehicle manufacturing facility in Pune. According to the business, the plant would be able to build 500,000 electric cars (EVs) each year, serving both domestic and foreign markets.

 

Key CSR Initiatives

Beyond balance sheets or conventional economic metrics, the Bajaj Group believes that a genuine and full measure of development, success, and advancement is found. It is best exemplified by the impact of business and industry on people's lives.

Since the CSR requirements were initially announced in 2014, the Bajaj Group firms have contributed approximately INR 1,300 crores to programs concentrating on skilling and education, health, livelihoods, and water conservation. Bajaj Auto's CSR priority is to improve the quality of life of marginalized populations living in and around the districts where the company's manufacturing plants are located. Bajaj Auto also contributes to important water conservation programs.

Organizations Supported by the Bajaj group.

  • Jankidevi Bajaj Gram Vikas Sanstha (JBGVS)
  • IMC Ramkrishna Bajaj National Quality Award
  • Jamnalal Bajaj Institute of Management Studies, Mumbai
  • Kamalnayan Bajaj Hospital
  • Jankidevi Bajaj Puraskar for Woman Rural Entrepreneur
  • Shiksha Mandal, Wardha
  • The Jamnalal Bajaj Foundation

 

Bajaj Auto FAQs

What is Share Price of Bajaj Auto ?

Bajaj Auto share price is ₹8,795 As on 23 April, 2024 | 07:39

What is the Market Cap of Bajaj Auto ?

The Market Cap of Bajaj Auto is ₹245559.6 Cr As on 23 April, 2024 | 07:39

What is the P/E ratio of Bajaj Auto ?

The P/E ratio of Bajaj Auto is 31.9 As on 23 April, 2024 | 07:39

What is the PB ratio of Bajaj Auto ?

The PB ratio of Bajaj Auto is 8.5 As on 23 April, 2024 | 07:39

Is Bajaj Auto a good stock to buy?

On a trailing 12-month basis, Bajaj Auto had operating revenue of INR 33,654.20 crore. A yearly sales decline of 8% requires improvement; yet, a pre-tax margin of 21% is excellent, and a return on equity of 17% is remarkable. The company is debt-free and has a robust balance sheet, allowing it to maintain consistent earnings growth over time. According to the expert, Bajaj Auto is a HOLD recommendation.

Is Bajaj Auto Debt Free?

Bajaj Auto is debt-free.

What is the ROE of Bajaj Auto?

Bajaj Auto's ROE is 17%, which is exceptional.

Who is the CEO of Bajaj Auto?

Rajiv Bajaj has been the CEO of Bajaj Auto since April 2005.

How to buy Bajaj Auto Ltd. shares?

You can easily buy the shares of Bajaj Auto Ltd., by registering at 5Paisa and setting up a Demat account in your name.

What is the Debt to Equity ratio of Bajaj Auto Ltd.?

The Debt to Equity ratio for Bajaj Auto Ltd. is 0.01.

Q2FY23