Below are the trading platforms that you can use to purchase Bajaj Auto shares:
Zerodha, Upstox, Groww, AngelOne, ICICIDirect, Paytm Money (recommended).
Recent News about Bajaj Auto
Tesla, under the leadership of CEO Elon Musk, has unveiled its ambitious plans to establish a Gigafactory in India, a move aimed at accelerating the country’s transition towards sustainable mobility. The announcement, made during a virtual event, signals Tesla’s commitment to expanding its global manufacturing footprint and capitalizing on India’s growing electric vehicle (EV) market. Set to be located in Karnataka, the Gigafactory is poised to create numerous job opportunities, drive economic growth, and foster innovation in the EV sector. As India increasingly prioritizes clean energy solutions and government initiatives promote EV adoption, Tesla’s entry into the Indian market is expected to spur competition, catalyze industry growth, and contribute to the country’s efforts towards a greener transportation ecosystem.
Bajaj Auto Q4 profit at Rs 2,011 crore, beats estimates
- Bajaj Auto Ltd reported a consolidated net profit of Rs 2,011.43 crore for Q4 FY2023-24, marking an 18 percent increase from the same period last year.
- Revenue for the January-March quarter surged to Rs 11,249.8 crore, up by 30 percent compared to the corresponding period last year.
- Analysts’ estimates were surpassed, with the company outperforming both in profitability and revenue generation.
- Total income for Q4 rose by 29.6 percent to Rs 11,914.94 crore, highlighting the strong performance during this period.
- The company’s board approved a dividend of Rs 80 per share (800 percent) for the financial year ended March 31, 2024, demonstrating its commitment to rewarding shareholders.
- Bajaj Auto achieved significant successes across various segments, including domestic motorcycles, commercial vehicles sales, and electric three-wheelers.
- Annual net profit for the entire fiscal year reached Rs 7,708.24 crore, reflecting a substantial 27 percent increase compared to the previous fiscal year.
- The company attributed its resilient performance to a robust domestic market and achieved its highest-ever earnings before interest, taxes, depreciation, and amortization (EBITDA) at Rs 8,825 crore.
- Operating margins improved to 19.7 percent, driven by dynamic profit and loss management, a richer product mix, and enhanced operating leverage.
- Bajaj Auto’s strong financial performance underscores its market leadership, strategic initiatives, and resilience in navigating challenging market conditions.
As of 16th June 2024, Bajaj Auto Share price is trading at ₹9,962 with a market cap of ₹2,78,112 Cr INR.
When | Maximum Price | Minimum Price |
January 2026 | 13,328.77 | 10,252.90 |
February 2026 | 12,995.55 | 9,996.58 |
March 2026 | 13,255.46 | 10,196.51 |
April 2026 | 13,525.98 | 10,404.60 |
May 2026 | 13,392.06 | 10,301.58 |
June 2026 | 13,726.86 | 10,559.12 |
July 2026 | 13,457.71 | 10,352.08 |
August 2026 | 13,873.92 | 10,672.25 |
September 2026 | 14,151.40 | 10,885.69 |
October 2026 | 14,519.34 | 11,168.72 |
November 2026 | 14,882.32 | 11,447.94 |
December 2026 | 15,254.38 | 11,734.14 |
Financial Condition of Bajaj Auto: Last 5 years
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 29,919 | 27,741 | 33,145 | 36,455 | 44,870 |
Expenses + | 24,809 | 22,803 | 27,886 | 29,991 | 36,109 |
Operating Profit | 5,109 | 4,938 | 5,259 | 6,465 | 8,762 |
OPM % | 17% | 18% | 16% | 18% | 20% |
Other Income + | 1,832 | 1,570 | 2,671 | 1,703 | 1,704 |
Interest | 3 | 7 | 9 | 40 | 60 |
Depreciation | 246 | 259 | 270 | 286 | 365 |
Profit before tax | 6,692 | 6,241 | 7,652 | 7,842 | 10,040 |
Tax % | 22% | 22% | 19% | 23% | 23% |
Net Profit + | 5,212 | 4,857 | 6,166 | 6,060 | 7,708 |
EPS in Rs | 180 | 168 | 213 | 214 | 276 |
Dividend Payout % | 67% | 83% | 66% | 65% | 29% |
Based on the financial data provided, the company has demonstrated consistent growth in sales over the past five years, with revenues increasing from Rs 29,919 crore in March 2020 to Rs 44,870 crore in March 2024. This growth trajectory signifies the company’s ability to capture market share and capitalize on business opportunities. Despite facing escalating expenses, the company has effectively managed its costs, leading to a steady rise in operating profit, which reached Rs 8,762 crore in March 2024. This indicates the company’s commitment to operational efficiency and cost control measures.
Furthermore, the company’s profitability has exhibited an upward trend, with net profit rising from Rs 5,212 crore in March 2020 to Rs 7,708 crore in March 2024. This increase in profitability reflects the company’s ability to generate sustainable earnings and deliver value to its stakeholders. Additionally, the growth in earnings per share (EPS) from Rs 180 to Rs 276 during the same period highlights the company’s ability to enhance shareholder value through improved profitability.
However, it’s noteworthy that the dividend payout percentage has fluctuated over the years, indicating variations in the company’s dividend distribution policy and its strategic focus on reinvestment for future growth. This flexible approach to dividend payout reflects the company’s commitment to balancing shareholder returns with reinvestment in growth opportunities. Overall, the financial performance underscores the company’s resilience, strategic management, and potential for sustained growth in the future.
FAQS
As of June 16th, 2024, the current share price of Bajaj Auto is ₹9,962.
The share price target for Bajaj Auto in 2025 varies based on different sources and predictions. According to our price prediction, Bajaj Auto’s share price should be ranging in between ₹8,474.17 and ₹12,940.55.
The Share Price target of Bajaj Auto is expected to reach ₹33,367.98 by the end of 2030.
Can Bajaj Auto reach 50,000 INR by 2025?
We do not think Bajaj Auto could reach 50,000 INR by 2025. If that were to happen, Bajaj Auto needs to go up by more than 5x from the current price.
Several sales, revenue, and profit will impact Bajaj Auto’s share price in the future.
How has Bajaj Auto’s revenue growth been in the last five years?
Over the past five years, Bajaj Auto has consistently grown its revenue, starting at Rs 29,919 crore in March 2020 and reaching Rs 44,870 crore in March 2024. This demonstrates the company’s adeptness in navigating market dynamics and capitalizing on opportunities, solidifying its position as a key player in the automotive industry.
What is Bajaj Auto’s current dividend payout ratio?
Bajaj Auto’s current dividend payout ratio is around 29%.
What is Bajaj Auto’s current operating profit margin?
Bajaj Auto’s current operating profit margin stands at 20%.
As with any investment, investors need to do their research and consider various factors before investing in Bajaj Auto shares. It’s advisable to consult with a financial advisor before making any investment decisions.
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Conclusion
What did we learn?
- 1 How to purchase Bajaj Auto shares?
- 2 Recent News about Bajaj Auto
- 3 Bajaj Auto Q4 profit at Rs 2,011 crore, beats estimates
- 4 Bajaj Auto Share Price Target 2024 To 2030
- 5 Financial Condition of Bajaj Auto: Last 5 years
- 6 FAQS
- 6.1 What is the current share price of Bajaj Auto?
- 6.2 What is the share price target for Bajaj Auto in 2025?
- 6.3 What is the share price target for Bajaj Auto in 2030?
- 6.4 Can Bajaj Auto reach 50,000 INR by 2025?
- 6.5 What factors can impact the share price of Bajaj Auto?
- 6.6 How has Bajaj Auto’s revenue growth been in the last five years?
- 6.7 What is Bajaj Auto’s current dividend payout ratio?
- 6.8 What is Bajaj Auto’s current operating profit margin?
- 6.9 Is investing in Bajaj Auto shares a good option for investors?
- 7 Conclusion