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Informist, Wednesday, May 6, 2026

 

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--Bajaj Auto Jan-Mar net profit INR 27.46 bln
--Analysts saw Bajaj Auto Jan-Mar net profit at INR 26.31 bln
--Bajaj Auto Jan-Mar revenue INR 160.06 bln
--Analysts saw Bajaj Auto Jan-Mar revenue at INR 157.80 bln
--Bajaj Auto Jan-Mar net profit INR 27.46 bln vs INR 20.49 bln year ago
--Bajaj Auto Jan-Mar revenue INR 160.06 bln vs INR 121.48 bln year ago
--Bajaj Auto to pay INR 150 per share dividend
--Bajaj Auto dividend record date May 29
--Bajaj Auto FY26 net profit INR 98.25 bln vs INR 81.51 bln year ago
--Bajaj Auto FY26 revenue INR 587.32 bln vs INR 500.10 bln year ago
--Bajaj Auto Jan-Mar EBITDA INR 33.23 bln, up 36% on year
--Bajaj Auto Jan-Mar EBITDA margin 20.8% vs 20.2% year ago
--Bajaj Auto: Surplus funds at over INR 180 bln on Mar 31
 

 

By Gopika Balasubramanium

 

MUMBAI – The on-year growth in Bajaj Auto Ltd.'s top line for the March quarter was the fastest in nine quarters. This was driven by record volumes, an improved product mix, and favourable currency, which resulted in broad-based double-digit growth across all its businesses - domestic motorcycles, electric two-wheelers, three-wheelers, and exports, the Chetak-maker said. The company also said it ended 2025-26 (Apr-Mar) with record volumes, revenue, and profit. 

 

The auto-maker's net profit for the March quarter was INR 27.46 billion, up 34% on year and nearly 10% on quarter. It was higher than analysts' expectation of a net profit of INR 26.31 billion. The on-year growth in net profit was the highest in eight quarters. 

 

The company's revenue from operations for the March quarter grew around 32% on year and nearly over 5% on quarter to INR 160.06 billion. This was comfortably above the consensus estimate of INR 157.80 billion.

 

The earnings before interest, tax, depreciation, and amortisation for the quarter rose 36% on year to INR 33.23 billion, a tad higher than the consensus estimate. The EBITDA margin expanded 60 basis points on year to 20.8% The EBITDA margin was unchanged from the trailing quarter. 

 

Bajaj Auto said momentum across its businesses led to the highest ever volumes, with more than 5 million units, up 10% on year, surpassing the peak volumes recorded during FY19. Bajaj Auto sold 1.17 million two-wheelers in the March quarter, up 24% on year, while commercial vehicle sales grew 28% on year to 204,369 units. In FY26, the company sold 4.32 million units of two wheelers, up 8% on year, and over 800,000 commercial vehicles, registering 20% growth.

 

FY26, COST PROFILE

For 2025-26 (Apr-Mar), the company earned INR 587.32 billion as revenue from operations, up over 17% from the previous year. The company said its sales of both vehicles and spares hit all-time highs. As for net profit, it was the highest annual print, coming in at INR 98.25 billion, up 20.5% on year. 

 

The rise in overall expenses incurred by the company during the quarter was slower than the top line growth. Bajaj Auto's total expenses for the March quarter were INR 128.02 billion, up 30.3% on year and 5.2% on quarter. Cost of raw materials and components consumed accounts for the lion's share in Bajaj Auto's total expenditure. This grew over 38% on year to INR 105.73 billion. Its other expenses grew 26% on year to INR 10.95 billion. 

 

Bajaj Auto added INR 80 billion of free cash flow in FY26, up 30% on year. Surplus funds on its balance sheet were INR 180 billion, after investing sufficiently for capital expenditure of INR 5 billion, strategic bets of INR 23 billion in subsidiary companies, and paying out INR 59 billion as dividend. 

 

The company will pay INR 150 per share as dividend and has set May 29 as the record date for this. Bajaj Auto detailed its March quarter results after market hours. On Wednesday, its shares closed 2.7% higher on the National Stock Exchange at INR 10,319.  End

 

Edited by Avishek Dutta

 

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