Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Bajaj Auto

₹8977.8 132.5 | 1.5%

Market Cap ₹250641 Cr.

Stock P/E 32.8

P/B 8.7

Current Price ₹8977.8

Book Value ₹ 1037.4

Face Value 10

52W High ₹9356

Dividend Yield 0.89%

52W Low ₹ 4450

Bajaj Auto Research see more...

Overview Inc. Year: 2007Industry: Automobile Two & Three Wheelers

Bajaj Auto Limited is an India-based manufacturer of bikes, three-wheelers and elements. The Company's commercial enterprise segments consist of Automotive, Investments and Others. The Company's motors include 2-wheelers and industrial vehicles. Its two-wheelers encompass Bajaj V, Bajaj V Avenger, Avenger Cruise 220, Pulsar and many more. The Company's geographic segments encompass India and Rest of the world. The Company gives troubleshooting offerings. The Company's plant consist of Waluj plant, Chakan plant and Pantnagar plant.

Read More..

Bajaj Auto Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Bajaj Auto Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 9022 7975 8005 10203 9319 8929 10312 10838 12165 11555
Other Income 348 289 320 334 271 264 351 369 356 360
Total Income 9369 8264 8325 10537 9589 9193 10663 11207 12522 11915
Total Expenditure 7650 6616 6719 8457 7561 7272 8380 8714 9750 9271
Operating Profit 1719 1647 1606 2080 2028 1921 2283 2493 2771 2644
Interest 2 3 4 11 8 16 12 7 12 30
Depreciation 70 70 68 67 75 76 87 92 93 93
Exceptional Income / Expenses 0 315 0 0 0 0 0 0 0 0
Profit Before Tax 1647 1890 1534 2001 1945 1829 2184 2395 2666 2522
Provision for Tax 359 428 371 484 472 455 540 564 634 594
Profit After Tax 1288 1462 1163 1518 1473 1374 1644 1831 2033 1927
Adjustments 141 64 0 202 0 331 0 189 0 84
Profit After Adjustments 1430 1526 1163 1719 1473 1705 1644 2020 2033 2011
Adjusted Earnings Per Share 49.4 52.7 40.2 60.6 52 60.2 58.1 71.4 71.8 72

Bajaj Auto Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 20042 20158 21614 22587 21767 25219 30358 29919 27741 33145 36455 44870
Other Income 856 715 588 985 1223 1158 1344 1525 1282 1306 1190 1436
Total Income 20898 20873 22203 23571 22990 26377 31702 31443 29023 34451 37645 46307
Total Expenditure 16452 16036 17506 17805 17349 20383 25168 24823 22822 27917 30007 36115
Operating Profit 4446 4837 4697 5766 5642 5994 6534 6620 6201 6534 7638 10191
Interest 1 1 6 1 1 1 4 3 7 9 40 61
Depreciation 168 181 267 307 307 315 266 246 259 270 286 365
Exceptional Income / Expenses 0 0 -340 0 0 -32 342 0 0 817 0 0
Profit Before Tax 4277 4655 4083 5679 5588 5933 6956 6692 6241 7652 7842 9767
Provision for Tax 1217 1420 1271 1618 1508 1714 2028 1480 1384 1486 1782 2332
Profit After Tax 3059 3234 2812 4061 4079 4219 4928 5212 4857 6166 6060 7435
Adjustments 85 146 214 0 0 0 0 0 0 0 0 273
Profit After Adjustments 3144 3380 3026 4061 4079 4219 4928 5212 4857 6166 6060 7708
Adjusted Earnings Per Share 108.7 116.8 104.6 140.3 141 145.8 170.3 180.1 167.8 213.1 214.2 273.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 10% 7% 8% 6%
Operating Profit CAGR 17% 5% 5% 6%
PAT CAGR -2% 5% 8% 7%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 97% 32% 25% 17%
ROE Average 21% 21% 22% 27%
ROCE Average 27% 26% 28% 36%

Bajaj Auto Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 8065 10167 11095 14020 17857 20425 23234 21662 27273 29860 29362
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 71 58 112 118 120 121 125 126 121 123 124
Other Non-Current Liabilities 340 352 282 321 448 484 602 469 563 440 380
Total Current Liabilities 4166 4731 4477 2781 3213 4111 4874 4253 5644 4689 5271
Total Liabilities 12642 15308 15966 17240 21638 25141 28834 26510 33602 35111 35136
Fixed Assets 2355 2660 2448 2026 1943 1821 1708 1645 1615 1785 2792
Other Non-Current Assets 4105 7024 3951 10482 10226 14069 20053 18249 17799 22961 22694
Total Current Assets 6182 5624 9567 4733 9469 9251 7073 6616 14188 10366 9650
Total Assets 12642 15308 15966 17240 21638 25141 28834 26510 33602 35111 35136

Bajaj Auto Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1179 558 492 582 820 288 776 916 285 517 934
Cash Flow from Operating Activities 2218 3502 2114 3690 3267 4328 2487 3850 3120 4197 5277
Cash Flow from Investing Activities -1394 -2100 -414 -113 -3683 -2053 -338 1556 -2868 -81 1200
Cash Flow from Financing Activities -1445 -1496 -1644 -3384 -190 -1885 -2074 -6247 -20 -4056 -7181
Net Cash Inflow / Outflow -621 -94 56 193 -606 389 74 -840 232 60 -704
Closing Cash & Cash Equivalent 558 492 582 820 288 776 916 285 517 934 242

Bajaj Auto Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 108.65 116.82 104.56 140.35 140.98 145.8 170.29 180.11 167.85 213.08 214.17
CEPS(Rs) 111.53 118.04 106.42 150.96 151.6 156.68 179.47 188.63 176.81 222.4 224.27
DPS(Rs) 45 50 50 55 55 60 60 120 140 140 140
Book NAV/Share(Rs) 278.72 351.36 383.43 484.51 617.08 705.85 802.91 748.25 941.93 1030.77 1035.46
Core EBITDA Margin(%) 16.95 19.47 18.24 20.02 19.14 18.77 17.09 17.03 17.73 15.66 17.54
EBIT Margin(%) 20.21 21.99 18.16 23.78 24.21 23.03 22.93 22.38 22.52 22.94 21.44
Pre Tax Margin(%) 20.2 21.99 18.13 23.78 24.2 23.03 22.91 22.37 22.5 22.92 21.33
PAT Margin (%) 14.45 15.28 12.48 17 17.67 16.37 16.23 17.42 17.51 18.47 16.48
Cash Profit Margin (%) 15.24 16.14 13.67 18.29 19 17.6 17.11 18.24 18.44 19.28 17.26
ROA(%) 25.74 23.14 17.98 24.46 20.99 18.04 18.26 18.83 16.16 17.95 17.25
ROE(%) 43.25 35.48 26.45 32.34 25.6 22.04 22.57 23.22 19.86 21.6 20.5
ROCE(%) 59.36 50.59 38.16 44.82 34.81 30.81 31.71 29.66 25.41 26.7 26.51
Receivable days 9.79 13.2 12.26 10.96 13.21 17.32 24.36 26.14 29.22 23.14 16.23
Inventory Days 11.62 11.08 11.79 11.72 11.44 10.42 10.24 12.35 16.82 14.89 13.87
Payable days 49.93 53.84 47.55 45.91 53.2 57.45 58.87 60.69 72.35 61.56 54.17
PER(x) 16.52 17.79 19.29 17.14 19.91 18.85 17.12 11.24 21.88 17.14 18.13
Price/Book(x) 6.44 5.92 5.26 4.97 4.55 3.89 3.63 2.71 3.9 3.54 3.75
Dividend Yield(%) 2.51 2.41 2.48 2.29 1.96 2.18 2.06 5.93 3.81 3.83 3.6
EV/Net Sales(x) 2.57 2.96 2.68 3.05 3.72 3.13 2.75 1.95 3.81 3.16 3
EV/Core EBITDA(x) 11.58 12.34 12.33 11.95 14.37 13.16 12.79 8.82 17.07 16.05 14.31
Net Sales Growth(%) 2.28 0.58 7.22 4.5 -3.63 15.86 20.38 -1.45 -7.28 19.48 9.99
EBIT Growth(%) 6 8.83 -12.16 38.89 -1.6 6.19 17.28 -3.8 -6.68 22.6 2.89
PAT Growth(%) 2.21 5.72 -13.06 44.43 0.45 3.42 16.8 5.77 -6.81 26.95 -1.71
EPS Growth(%) 3.13 7.51 -10.49 34.23 0.45 3.42 16.8 5.77 -6.81 26.95 0.51
Debt/Equity(x) 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0 0 0
Current Ratio(x) 1.48 1.19 2.14 1.7 2.95 2.25 1.45 1.56 2.51 2.21 1.83
Quick Ratio(x) 1.33 1.05 1.96 1.44 2.72 2.07 1.25 1.31 2.25 1.95 1.53
Interest Cover(x) 3594.79 5677.67 630.11 5409.47 3992.11 4530.32 1553.58 2118.76 938.15 884.57 199.48
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Bajaj Auto Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 53.73 53.77 53.77 54.84 54.98 54.98 54.98 54.98 54.94 55.06
FII 10.2 10.49 11.16 11.63 11.82 12.35 13.66 14.37 14.65 14.52
DII 13.22 13.18 12.4 11.54 10.99 10.86 9.63 9.1 8.74 8.54
Public 22.84 22.57 22.68 21.99 22.21 21.8 21.72 21.54 21.68 21.88
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 21%
  • Debtor days have improved from 61.56 to 54.17days.
  • Company is almost debt free.

Cons

  • Stock is trading at 8.7 times its book value.
  • The company has delivered a poor profit growth of 7% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Bajaj Auto News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....