Bajaj Auto

Bajaj Auto Ltd.

NSE: BAJAJ-AUTO BSE: 532977 SECTOR: Automobile Two & Three Wheelers  141k   1k   218

3787.80
+89.25 (2.41%)
NSE: 20 May 03:59 PM

Price Summary

Today's High

₹ 3849

Today's Low

₹ 3735

52 Week High

₹ 4347

52 Week Low

₹ 3027.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 109606.44 Cr.

Enterprise Value

₹ 109200.54 Cr.

No. of Shares

28.94 Cr.

P/E

21.84

P/B

4.11

Face Value

₹ 10

Div. Yield

3.7 %

Book Value (TTM)

₹  921.63

CASH

₹ 527.36 Cr.

DEBT

₹ 121.46 Cr.

Promoter Holding

53.77 %

EPS (TTM)

₹  173.44

Sales Growth

-7.28%

ROE

20.19 %

ROCE

26.21%

Profit Growth

-10.69 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Bajaj Auto Ltd.

Chetak DOMINAR pulsar AVENGER PLATINA CT100 CT110 KTM Compact Maxima QUTE

Index Presence

The company is present in 38 Indices.

NIFTY100WEIGHT

Nifty100 Equal Weight
19085.15
  397.75 (2.1284394832882%)

NIFTYEQWGT

NIFTY50 Equal Weight
18509.7
  465.650000000001 (2.58062907163303%)

NIFTY100

Nifty 100
16476.7
  429.35 (2.67551963408288%)

NIFTY

Nifty 50
16266.15
  456.75 (2.88910395081408%)

NIFTY500

Nifty 500
13895.05
  344.15 (2.53968371104503%)

NIFTY200QLTY30

NIFTY200 Quality 30
13646.15
  297.75 (2.23060441700877%)

NT100LOW30

Nifty100 Low Volatility 30
12395.2
  298.400000000001 (2.46676807089479%)

NIFTYAUTO

Nifty Auto
10914.6
  296.6 (2.79336974948201%)

NY500MUL50:25:25

Nifty500 Multicap 50:25:25
9041.4
  210.549999999999 (2.38425519627214%)

NIFTYLGEMID250

NIFTY LargeMidcap 250
9036.5
  208.049999999999 (2.35658581064626%)

NIFTY200

Nifty 200
8597.1
  218.75 (2.61089594013142%)

NV20

Nifty50 Value 20
8451.85
  169.550000000001 (2.04713666493608%)

NI15

NI15
7753.4
  199.049999999999 (2.63490571657388%)

NIFTYTOTALMCAP

Nifty Total Market index
7734.3
  191.85 (2.54360320585487%)

NIFTYMFG

Nifty Manufacturing
7626.95
  205.45 (2.76830829347168%)

NIFTYCONSUMP

Nifty India Consumption
6779.15
  138.9 (2.09178871277436%)

NSEQ30

NIFTY100 Quality 30
3607.35
  76 (2.15215144349894%)

NIFTYDIVOPPT

Nifty Dividend Opportunities 50
3520.05
  77.3500000000004 (2.24678304818893%)

NFTALQLV30

NIFTY Alpha Quality Value Low-Volatility 30
10105.97
  -237.150000000001 (-2.29282846955272%)

NFTALQVL30

NIFTY Alpha Quality Low-Volatility 30
12953.85
  -367.859999999999 (-2.76135721315055%)

NFTQTLO30

NIFTY Quality Low-Volatility 30
11388.15
  -287.66 (-2.4637262853712%)

NIFTYLOWVOL

Nifty Low Volatility 50
14579.08
  -335.74 (-2.25104962714937%)

NIFTYGR15

Nifty Growth Sectors 15
7554.35
  -102.25 (-1.33544915497741%)

AUTO

S&P Bse Auto
24883
  663.439999999999 (2.73927354584476%)

BSE500

S&P Bse 500
22137.19
  548.18 (2.53916228673756%)

SNSX50

S&P Bse Sensex50
17056.27
  474.830000000002 (2.86362342474478%)

BSE100

S&P Bse 100
16588.32
  426.74 (2.64045965802848%)

BSE200

S&P Bse 200
7051.46
  178.02 (2.58996950580788%)

LMI250

S&P Bse 250 LargeMidCap
6673.67
  166.91 (2.56517836834307%)

ALLCAP

S&P Bse Allcap
6363.83
  157.94 (2.54500160331554%)

LRGCAP

S&P Bse LargeCap
6304.29
  167.25 (2.72525517187439%)

BSE100LARGECAPTMC

S&P Bse 100 LargeCap TMC
6000.72
  156 (2.66907567856116%)

CDGS

S&P Bse Consumer Discretionary
5213
  113.2 (2.21969488999567%)

CARBONEX

S&P Bse Carbonex
2694.93
  69.2999999999997 (2.6393665520275%)

SPBSLVIP

S&P Bse Low Volatility
1116.06
  24.51 (2.24543080939947%)

MFG

S&P Bse Manufacturing
623
  17.98 (2.97180258503851%)

S&PDIVSTABLE

S&P Bse Dividend Stability
578.64
  11.67 (2.05830996349012%)

S&P LARGEMIDCAP

S&P Bse Large MidCap
6628.39
  169.08 (2.61761705197614%)

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-7.28%
3 Year3.23%
5 Year4.2%

Profit Growth

1 Year-10.69%
3 Year3.84%
5 Year3%

ROE%

1 Year20.19%
3 Year22.5%
5 Year23.06%

ROCE %

1 Year26.21%
3 Year30.07%
5 Year31.39%

Debt/Equity

0.0048

Price to Cash Flow

35.2

Interest Cover Ratio

892.741741741742

CFO/PAT (5 Yr. Avg.)

0.767821156055164

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2022 53.77 0.01
Dec 2021 53.73 0.01
Sep 2021 53.7 0.01
Jun 2021 53.7 0.01
Mar 2021 53.7 0.01
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROE of 22.5043632852705% over the past 3 years.
  • Company has been maintaining healthy ROCE of 30.0689982466532% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 892.741741741742.
  • The company has an efficient Cash Conversion Cycle of -26.2987809598758 days.
  • Company has a healthy liquidity position with current ratio of 2.51189128173504.
  • The company has a high promoter holding of 53.77%.

 Limitations

  • The company has shown a poor profit growth of 3.8371013396681% for the Past 3 years.
  • The company has shown a poor revenue growth of 3.22834396823013% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Net Sales 8596.1 7386.04 8762.18 9021.65 7974.84
Total Expenditure 7072 6266.26 7361.06 7649.51 6609.24
Operating Profit 1524.1 1119.78 1401.12 1372.14 1365.6
Other Income 283.6 329.3 318.32 272.76 288.86
Interest 2.04 2.29 1.7 1.79 2.88
Depreciation 66.17 64.07 65.6 69.83 69.67
Exceptional Items 0 0 0 0 315.28
Profit Before Tax 1739.49 1382.72 1652.14 1573.28 1897.19
Tax 407.42 321.54 377.59 359.09 428.24
Profit After Tax 1332.07 1061.18 1274.55 1214.19 1468.95
Adjusted EPS (Rs) 46.03 36.67 44.05 41.96 50.76

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 21766.68 25218.92 30357.57 29918.65 27741.08
Total Expenditure 17345.57 20580.92 25165.09 24822.42 22818.17
Operating Profit 4421.11 4638 5192.48 5096.23 4922.91
Other Income 1223.21 1492.68 1438.85 1733.56 1282.03
Interest 1.4 1.31 4.48 3.16 6.66
Depreciation 307.29 314.8 265.69 246.43 259.28
Exceptional Items 0 -32 342 0 0
Profit Before Tax 5335.63 5782.57 6703.16 6580.2 5939
Tax 1508.07 1714.47 2027.98 1480.22 1384.41
Net Profit 3827.56 4068.1 4675.18 5099.98 4554.59
Adjusted EPS (Rs.) 132.27 140.58 161.56 176.24 157.4

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 289.37 289.37 289.37 289.37 289.37
Total Reserves 16744.76 18814.49 21490.53 19636.12 24912.89
Borrowings 119.9 120.77 124.52 125.59 121.46
Other N/C liabilities 448.28 483.57 602.29 469.01 563.27
Current liabilities 3212.58 4111.29 4873.68 4253.21 5643.21
Total Liabilities 20814.89 23819.49 27380.39 24773.3 31530.2
Assets
Net Block 1943.26 1821.22 1708.44 1645.12 1612.63
Capital WIP 10.64 11.15 11.54 46.54 15.98
Intangible WIP 31.53 45.32 36.48 13.65 0
Investments 8739.92 11880 17638.38 15470.1 14655.14
Loans & Advances 591.81 588.49 748.13 957.81 1014.99
Other N/C Assets 106.36 237.68 174.76 43.12 56.33
Current Assets 9391.37 9235.63 7062.66 6596.96 14175.13
Total Assets 20814.89 23819.49 27380.39 24773.3 31530.2
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 5335.63 5782.57 6703.16 6580.2 5939
Adjustment -719.61 -858.96 -1450.93 -1417.04 -974.64
Changes in Assets & Liabilities 225.76 1022.26 -798.36 376.26 -510.81
Tax Paid -1502.58 -1685.08 -1964.34 -1677.66 -1339.69
Operating Cash Flow 3339.2 4260.79 2489.53 3861.76 3113.86
Investing Cash Flow -3686.84 -1894.41 -271.04 1756.7 -2866.54
Financing Cash Flow -190.09 -1885.26 -2074.05 -6246.51 -19.52
Net Cash Flow -537.73 481.12 144.44 -628.05 227.8

Corporate Actions

Investors Details

PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Promoters 53.70 53.70 53.70 53.73 53.77
bajaj holdings and... 31.54 31.54 31.54 31.54 31.54
bajaj holdings and... - - - - -
jamnalal sons pvt ... 8.93 - - - -
jamnalal sons pvt ... - 8.93 8.93 8.93 8.93
maharashtra scoote... - - - - -
bajaj sevashram pv... 1.54 - - - -
bajaj sevashram pr... - 1.54 1.54 1.54 1.54
bachhraj and compa... - 1.28 1.28 1.26 1.26
bachhraj and compa... 1.26 - - - -
rahulkumar bajaj 0.96 0.96 0.96 0.96 0.96
madhur bajaj (a/c ... - 0.85 0.58 0.58 0.58
bachhraj factories... - 0.68 0.68 0.68 0.68
bachhraj factories... 0.68 - - - -
baroda industries ... - 0.58 0.58 0.58 0.58
madhur bajaj 0.58 - - - -
baroda industries ... 0.58 - - - -
kumud bajaj 0.21 0.52 0.21 0.21 0.21
suman jain 0.36 0.36 0.36 0.36 0.36
estate of rahulkum... - - - - -
minal bajaj 0.35 0.04 0.33 0.35 0.35
niravnayan bajaj 0.31 0.13 0.31 0.31 0.31
sunaina kejriwal 0.21 - - - -
rajivnayan bajaj 0.26 - - - -
rajivnayan bajaj (... - 0.26 0.26 0.26 0.26
neelima bajaj swamy 0.23 0.23 0.23 0.23 0.23
nimisha jaipuria 0.13 0.13 0.13 0.13 0.13
sanjivnayan bajaj ... - 0.22 0.22 0.22 0.22
sanjivnayan bajaj 0.22 - - - -
sunaina kejriwal ... - 0.21 0.21 0.21 0.21
niravnayan trust 0.18 - - 0.18 0.18
niraj bajaj (a/c ... - 0.18 0.18 - -
niraj bajaj (nirav... - - - - -
kriti bajaj 0.14 0.03 0.14 0.14 0.14
nimisha jaipuria (... - - - - -
neelima bajaj swa... - - - - -
madhur bajaj (nimi... - - - - -
deepa bajaj 0.01 0.01 0.01 0.01 0.01
kumud bajaj (neel... - - - - -
rupa equities pvt ... 0.10 - - - -
rupa equities priv... - 0.10 0.10 0.10 0.10
rahul securities p... 0.09 0.09 0.09 0.09 0.09
sanjali bajaj 0.01 0.01 0.01 0.01 0.01
siddhantnayan bajaj 0.01 0.01 0.01 0.01 0.01
sanjivnayan bajaj ... - - - - -
manish kejriwal (a... - - - - -
sanjivnayan bajaj ... - - - - -
madhur bajaj ( kum... - - - - -
madhur bajaj ( kum... - - - - -
sunaina kejriwal ... - - - - -
pooja bajaj 0.05 0.05 0.05 0.05 0.05
rishabnayan bajaj - 0.01 0.01 0.01 -
hercules hoists li... - 0.06 0.06 0.06 0.06
kumud bajaj (madhu... - - - - -
kumud bajaj (madhu... - - - - -
hercules hoists ltd 0.06 - - - -
kamalnayan investm... 0.05 0.05 0.05 0.05 0.05
niraj bajaj (nirav... - - - - -
minal niraj bajaj ... - - - - -
shefali bajaj 0.01 0.01 0.01 0.01 0.01
geetika bajaj - - - - -
bajaj allianz life... - - - - -
bajaj allianz life... 0.04 0.04 0.04 0.04 0.04
kiran bajaj(a/c tr... - 0.04 0.04 - -
geetika trust no.2 0.04 - - 0.04 0.04
madhur securities ... 0.03 0.03 0.03 0.03 0.03
kriti trust 0.03 - - 0.03 0.03
niraj bajaj (a/c t... - 0.03 0.03 - -
niraj bajaj (kriti... - - - - -
shekhar holdings p... 0.02 0.02 0.02 0.02 0.02
sanraj nayan inves... 0.02 0.02 0.02 0.02 0.02
the hindustan hous... 0.01 0.01 0.01 0.01 0.01
niraj bajaj 0.01 - - - -
niraj holdings pvt... 0.01 0.01 0.01 0.01 0.01
anant bajaj 0.01 - 0.01 0.01 0.01
niraj bajaj (a/c p... - 0.01 0.01 0.01 0.01
kiran bajaj - - - - -
the hindustan hous... - - - - -
PARTICULARS Mar 2021% Jun 2021% Sep 2021% Dec 2021% Mar 2022%
Investors 46.30 46.30 46.30 46.27 46.23
life insurance cor... 3.83 6.46 5.90 4.45 3.83
lici money plus gr... - - - - -
life insurance cor... - - - - -
jaya hind industri... 3.34 - - - -
jaya hind industri... - - - - -
jaya hind investme... - 3.28 - - 3.28
m/s jaya hind inve... - - 3.28 3.28 -
maharashtra scoote... 2.34 2.34 2.34 2.34 2.34
sbi arbitrage oppo... - - - - -
government pension... 1.38 1.48 1.48 1.60 1.52
sbi nifty index fu... - - - - -
niraj bajaj as a t... - - - - -
niraj bajaj (as a ... 1.26 1.26 1.26 1.26 1.26
sbi - etf quality - - - - -
iepf 0.03 0.02 0.02 0.02 0.02

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Bajaj Auto informs about newspaper publication20 May 2022, 4:07PM Bajaj Auto reports 20% fall in April sales2 May 2022, 10:11AM Bajaj Auto informs about press release2 May 2022, 9:56AM Bajaj Auto reports marginal fall in Q4 consolidated net profit28 Apr 2022, 11:18AM Bajaj Auto - Quaterly Results27 Apr 2022, 5:21PM Bajaj Auto - Quaterly Results27 Apr 2022, 5:21PM Bajaj Auto - Quaterly Results27 Apr 2022, 5:21PM Bajaj Auto informs about non- applicability of large corporate entity 26 Apr 2022, 3:49PM Bajaj Auto reports 20% fall in March sales4 Apr 2022, 10:37AM Bajaj Auto informs about appointment of CFO15 Mar 2022, 5:01PM Bajaj Auto reports 16% fall in February sales2 Mar 2022, 10:09AM Bajaj Auto informs about press release2 Mar 2022, 9:26AM Bajaj Auto informs about investor meeting18 Feb 2022, 3:07PM Bajaj Auto looking to double network for electric scooter Chetak 18 Feb 2022, 9:18AM Bajaj Auto informs about press release 1 Feb 2022, 12:07PM Bajaj Auto reports 15% fall in January sales1 Feb 2022, 10:44AM Bajaj Auto reports 17% fall in Q3 consolidated net profit20 Jan 2022, 9:46AM Bajaj Auto - Quaterly Results19 Jan 2022, 5:37PM Bajaj Auto - Quaterly Results19 Jan 2022, 5:37PM Bajaj Auto informs about press release 3 Jan 2022, 12:30PM Bajaj Auto reports marginal fall in December sales3 Jan 2022, 10:08AM Bajaj Auto to set up EV manufacturing facility in Pune29 Dec 2021, 3:12PM Bajaj Auto informs about board meeting20 Dec 2021, 4:04PM Bajaj Auto informs about press release1 Dec 2021, 10:02AM Bajaj Auto reports 10% fall in November sales 1 Dec 2021, 9:41AM Bajaj Auto informs about issuance of duplicate share certificate29 Nov 2021, 3:53PM Bajaj Auto reports 14% fall in October sales1 Nov 2021, 10:05AM Bajaj Auto informs about press release1 Nov 2021, 9:47AM Bajaj Auto launches new variants of Pulsar 250 29 Oct 2021, 11:40AM Bajaj Auto reports 71% rise in Q2 consolidated net profit28 Oct 2021, 11:21AM Bajaj Auto gets nod to incorporate captive finance subsidiary28 Oct 2021, 10:57AM Bajaj Auto launches updated version of ‘Dominar 400’26 Oct 2021, 12:21PM Bajaj Auto informs about resignation of CFO8 Oct 2021, 11:17AM Bajaj Auto reports 9% fall in September sales1 Oct 2021, 9:55AM Bajaj Auto finalizes share-swap deal with Pierer Industries30 Sep 2021, 12:05PM Bajaj Auto inform about board meeting29 Sep 2021, 4:24PM Bajaj Auto opens online booking for Chetak Electric scooter in Hyderabad22 Sep 2021, 1:31PM Bajaj Auto informs about updates15 Sep 2021, 4:29PM Bajaj Auto reports 5% rise in August sales1 Sep 2021, 10:15AM Bajaj Auto informs about press release1 Sep 2021, 10:05AM Bajaj Auto informs about analyst meet12 Aug 2021, 10:07AM Bajaj Auto reports 44% rise in July sales2 Aug 2021, 11:45AM Bajaj Auto informs about press release2 Aug 2021, 9:46AM Bajaj Auto, Pierer Industrie AG to rejig shareholding in KTM 27 Jul 2021, 10:17AM Bajaj Auto reports 3-fold jump in Q1 consolidated net profit22 Jul 2021, 2:59PM Bajaj Auto informs about board meeting proceedings22 Jul 2021, 2:47PM Bajaj Auto gets nod to incorporate wholly owned subsidiary22 Jul 2021, 2:06PM Bajaj Auto commences bookings for electric scooter Chetak in Nagpur19 Jul 2021, 11:56AM Bajaj Auto reduces price of Dominar 250 bike 7 Jul 2021, 9:58AM Bajaj Auto reports 24% rise in June sales1 Jul 2021, 9:38AM

Bajaj Auto Stock Price Analysis and Quick Research Report. Is Bajaj Auto an attractive stock to invest in?

 

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Bajaj Auto is performing and if it is the right time to buy the stock of Bajaj Auto with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Bajaj Auto has reported poor sales growth of -7.27830299829705 % and in the latest quarter sales was Rs 7974.84 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 21.6948373146059 times for Bajaj Auto . It is managing its inventory efficiently .
     
  • The company reported Profit loss of -10.6939635057392 % over the year, where the latest year profit is Rs 4554.59 Cr compared to the previous year of Rs 5099.98 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of the company in the latest quarter is Rs 1365.6 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Bajaj Auto has a healthy ROE of 20.1853183462504 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Bajaj Auto has a low Debt to Equity ratio of 0.0048.
     
  • Bajaj Auto pays a dividend of 140 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 3.6969 %.
     
  • The share of promoter in the company is high at 53.77 %, where the pledging is 0.01 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Bajaj Auto is 21.8388624280816 compared to the 5 year average PE of 18.7276046821496 .
Brief about Bajaj Auto

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