| Y/E Mar, Rs mn | FY11 | FY12 | FY13 | FY14E | FY15E | | Price | | | | | 2374 | | Target | | | | | 2160 | | Reco | | | | | NEU | | Net Sales | 159,981 | 188,802 | 194,890 | 197,176 | 218,108 | | Growth (%) | | 18 | 3 | 1 | 11 | | EBIDTA | 32,176 | 37,199 | 36,381 | 41,057 | 44,476 | | EBITDA Margin | | 20 | 19 | 21 | 20 | | Net Profit | 33,397 | 30,040 | 30,436 | 32,433 | 34,364 | | Growth (%) | | -10 | 1 | 7 | 6 | | EPS, Rs | 115 | 104 | 105 | 112 | 119 | | PER, x | 20.6 | 22.9 | 22.6 | 21.2 | 20.0 | | EV/EBIDTA, x | 21 | 18 | 19 | 17 | 15 | | P/BV, x | 14 | 11 | 9 | 7 | 6 | | ROE, % | 68 | 50 | 39 | 34 | 30 | | Total debt/Equity (%) | -4.7 | -25.3 | -6.0 | -4.6 | -5.2 |
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Latest Reports
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| Date |
Description |
Country |
Analyst |
Download |
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| 19-Apr-2024 |
Bajaj Auto (BJAUT IN) : Export challenges cushioned by mix and dollar realization - BUY (Maintained) |
India |
Saksham Kaushal |
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| 24-Jan-2024 |
Bajaj Auto (BJAUT IN) : Triumph and e-2W production set to ramp up meaningfully - BUY (Maintained) |
India |
Saksham Kaushal |
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| 18-Oct-2023 |
Bajaj Auto (BJAUT IN) : Premium bikes and 3W driving margins - BUY (Maintained) |
India |
Saksham Kaushal |
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| 25-Jul-2023 |
Bajaj Auto (BJAUT IN) : Exports to pick up, while Triumph bookings look promising - BUY (Maintain) |
India |
Saksham Kaushal |
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| 25-Apr-2023 |
Bajaj Auto (BJAUT IN) - Q4FY23 update - Higher ASP drives margin growth - Maintain Buy |
India |
Saksham Kaushal |
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| 25-Jan-2023 |
Bajaj Auto (BJAUT IN) - Q3FY23 update - Improved mix aids performance, Exports still weak - Maintain Buy |
India |
Saksham Kaushal |
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| 15-Oct-2022 |
Bajaj Auto (BJAUT IN) - Q2FY23 update - Decent quarter despite export weakness - Maintain Buy |
India |
Saksham Kaushal |
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| 27-Jul-2022 |
Bajaj Auto (BJAUT IN) - Q1FY23 update - Weaker currency to be a tailwind - Maintain Buy |
India |
Saksham Kaushal |
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| 28-Apr-2022 |
Bajaj Auto (BJAUT IN) - Q4FY22 update - Improved mix drives outperformance - Maintain Buy |
India |
Saksham Kaushal |
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| 20-Jan-2022 |
Bajaj Auto (BJAUT IN) - Q3FY22 update - Market weakness is transient - Maintain Buy |
India |
Saksham Kaushal |
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| 28-Oct-2021 |
Bajaj Auto (BJAUT IN) - 2QFY22 update - Decent performance in challenging environment - Maintain Buy |
India |
Saksham Kaushal |
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| 23-Jul-2021 |
Bajaj Auto (BJAUT IN) - Q1FY22 update - Exports continue to drive performance - Maintain Buy |
India |
Saksham Kaushal |
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| 29-Apr-2021 |
Bajaj Auto (BJAUT IN) - Q4FY21 update - Decent quarter, near term headwinds remain - Maintain Buy |
India |
Saksham Kaushal |
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| 22-Jan-2021 |
Bajaj Auto (BJAUT IN) - Q3FY21 update - High performance with plenty in reserve - Upgrade to Buy |
India |
Saksham Kaushal |
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| 22-Oct-2020 |
Bajaj Auto (BJAUT IN) - Q2FY21 Update - Cost savings drive strong performance - Maintain Neutral |
India |
Saksham Kaushal |
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| 22-Jul-2020 |
Bajaj Auto (BJAUT IN) - Q1FY21 Update - Demand bottoming out, concerns on growth remain - Maintain Neutral |
India |
Saksham Kaushal |
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| 21-May-2020 |
Bajaj Auto (BJAUT IN) - Q4FY20 update - Good Quarter but Challenges Ahead - Maintain Neutral |
India |
Saksham Kaushal |
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| 30-Jan-2020 |
Bajaj Auto Q3FY20 update - Record performance but headwinds remain. Maintain Neutral |
India |
Saksham Kaushal |
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| 23-Oct-2019 |
Bajaj Auto (BJAUT IN) Decent quarter, Margins beat estimates |
India |
Saksham Kaushal |
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| 28-Jul-2019 |
Bajaj Auto (BJAUT IN) Cautious outlook ahead |
India |
Saksham Kaushal |
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| 20-May-2019 |
Bajaj Auto (Neutral; TP: Rs 2994 ) ;Decent quarter, caution ahead |
India |
Saksham Kaushal |
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