Bajaj Auto quarterly results and financials

Bajaj Auto (BAJAJ-AUTO)₹10,979+0.63%(9 Nov 2026 close)2/3 Wheelers

Key facts

In the Sep 2026 quarter (consolidated), Bajaj Auto reported sales of ₹25,159 Cr, up 59.6% from Sep 2025, and net profit of ₹3,379 Cr, up 59.3% year on year. For the year to Mar 2026, sales were ₹63,053 Cr and net profit ₹10,572 Cr.

Sales (Sep 2026): ₹25,159 Cr
Net profit (Sep 2026): ₹3,379 Cr
Sales (FY Mar 2026): ₹63,053 Cr
Net profit (FY Mar 2026): ₹10,572 Cr
EPS (Sep 2026): ₹125.24
Borrowings (Mar 2026): ₹22,748 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

Bajaj Auto quarterly results

₹ crore unless stated; each column is a quarter.

Bajaj Auto Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	12,188	11,580	11,944	13,274	13,191	12,675	13,145	15,763	16,227	17,874	21,732	25,159
Expenses	9,782	9,304	9,586	11,207	10,455	10,321	10,375	12,938	12,515	14,808	17,217	20,290
Operating Profit	2,419	2,289	2,375	2,079	2,756	2,363	2,797	2,833	3,736	3,084	4,538	4,908
OPM %	20.1%	20.0%	20.1%	16.1%	21.1%	19.1%	21.1%	18.1%	23.1%	17.1%	21.1%	19.1%
Other Income	357	445	336	400	349	394	511	578	360	1,900	690	594
Interest	12.01	30.03	47.03	75.12	120	147	224	288	314	344	387	470
Depreciation	92.64	92.73	94.68	97.71	102	119	118	119	119	288	404	408
Profit before tax	2,674	2,615	2,571	2,307	2,886	2,492	2,971	3,008	3,668	4,349	4,440	4,624
Tax %	24.0%	22.9%	24.0%	40.0%	23.9%	27.0%	24.9%	29.0%	25.0%	18.9%	28.0%	27.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−56.88	28.96	0.00	0.00
Net Profit	2,032	2,010	1,940	1,384	2,196	1,799	2,209	2,121	2,746	3,491	3,186	3,379
EPS (Rs)	71.82	72.13	69.64	49.70	78.68	64.59	79.26	76.11	98.47	131.17	115.55	125.24

Bajaj Auto profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Bajaj Auto Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	22,617	21,779	25,254	30,387	29,988	27,794	33,217	36,512	44,965	51,112	63,053	80,991
Expenses	17,822	17,385	20,421	25,249	24,887	22,853	27,972	30,070	36,235	41,568	49,980	64,829
Operating Profit	4,803	4,436	4,856	5,213	5,118	4,950	5,270	6,477	8,785	9,574	13,135	16,266
OPM %	21.0%	20.0%	19.1%	17.1%	17.0%	18.1%	16.0%	18.1%	20.0%	19.1%	21.1%	20.1%
Other Income	1,198	1,474	1,409	2,033	1,839	1,575	2,679	1,708	1,706	1,478	2,677	3,545
Interest	1.01	1.01	1.01	4.01	3.01	7.01	9.02	40.06	60.05	390	1,170	1,516
Depreciation	306	306	314	265	245	258	269	285	364	413	643	1,218
Profit before tax	5,700	5,605	5,952	6,974	6,717	6,264	7,672	7,863	10,075	10,255	13,992	17,081
Tax %	27.9%	26.9%	29.0%	29.0%	22.0%	21.9%	19.0%	22.9%	22.9%	28.0%	23.9%	—
Exceptional items	−4.99	−2.99	−20.97	277	8.98	3.99	734	−10.98	−13.98	22.98	−42.93	−27.92
Net Profit	4,059	4,075	4,219	4,926	5,208	4,853	6,165	6,056	7,705	7,314	10,572	12,802
EPS (Rs)	140.44	141.15	145.89	170.42	180.29	168.08	213.37	214.25	276.39	262.57	384.84	470.43
Dividend payout %	39.0%	39.0%	41.0%	35.0%	67.1%	83.0%	66.1%	65.0%	29.1%	80.0%	39.1%	—

Bajaj Auto balance sheet

₹ crore, at each year end.

Bajaj Auto Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	288	289	288	289	288	288	288	288	283	278	278	280
Reserves	10,822	13,735	17,575	20,142	22,954	21,380	26,986	29,577	29,078	28,698	34,918	38,630
Borrowings	112	118	120	121	125	126	121	123	124	1,913	9,384	22,748
Other Liabilities	4,753	3,097	3,643	4,585	5,450	4,699	6,177	5,126	5,624	8,429	9,560	15,443
Total Liabilities	15,976	17,239	21,627	25,136	28,817	26,494	33,574	35,115	35,107	39,318	54,141	77,101
Fixed Assets	2,454	2,030	2,005	1,881	1,768	1,703	1,670	1,840	2,848	3,223	3,682	11,990
CWIP	255	52.04	42.03	56.05	48.06	60.07	16.02	77.01	85.06	35.03	61.04	1,522
Investments	8,970	11,045	15,449	18,873	20,555	19,878	24,630	26,605	26,124	28,028	28,863	24,617
Other Assets	4,297	4,111	4,131	4,326	6,446	4,853	7,259	6,593	6,050	8,032	21,536	38,971
Inventories	812	717	726	742	960	1,061	1,490	1,228	1,561	1,684	2,071	6,277
Trade receivables	720	721	956	1,497	2,568	1,732	2,727	1,521	1,759	2,085	2,132	3,486
Cash & equivalents	593	867	301	793	932	316	539	958	690	955	2,846	3,073
Total Assets	15,976	17,239	21,627	25,136	28,817	26,494	33,574	35,115	35,107	39,318	54,141	77,101

Bajaj Auto cash flow

₹ crore, for each year.

Bajaj Auto Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	2,122	3,701	3,278	4,347	2,496	3,863	3,134	4,212	5,295	6,577	−1,412	2,608
Cash from investing activity	−379	−67.78	−3,599	−1,947	−272	1,762	−2,862	275	1,208	−71.81	−1,049	−7,000
Cash from financing activity	−1,647	−3,392	−190	−1,890	−2,078	−6,262	−20.03	−4,062	−7,198	−6,175	4,241	5,090
Net cash flow	89.63	237	−530	486	140	−628	230	415	−690	318	1,764	656
Capex	310	271	206	196	184	297	260	551	1,109	723	872	721
Free cash flow	1,819	3,420	3,068	4,142	2,377	3,570	2,867	3,676	4,300	5,848	−2,272	1,885
CFO / OP %	82.0%	115.0%	108.0%	124.0%	86.1%	108.0%	90.1%	112.0%	111.0%	102.0%	14.0%	46.0%

Bajaj Auto ratios

Working-capital days and returns, by year.

Bajaj Auto Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	12	12	16	22	31	21	36	17	18	17	15	20
Inventory days	21	18	19	17	17	19	29	19	23	20	23	55
Days payable	43	49	56	68	63	56	85	54	58	64	66	76
Cash conversion cycle	−10	−19	−21	−30	−16	−15	−21	−18	−17	−27	−28	0
Working capital days	−21	−3	−1	−20	−3	−8	0	−2	−8	−29	−5	23
ROCE %	40.0%	45.0%	35.0%	31.0%	30.0%	30.0%	25.0%	23.0%	27.0%	34.0%	28.0%	28.0%

Bajaj Auto: frequently asked questions

What are the latest quarterly results of Bajaj Auto?

For the Sep 2026 quarter, Bajaj Auto reported sales of ₹25,159 Cr, up 59.6% year on year and net profit of ₹3,379 Cr, up 59.3% year on year. The operating margin was 19.1%.

What is the annual revenue of Bajaj Auto?

Bajaj Auto's sales for the year to Mar 2026 were ₹63,053 Cr; over the last twelve months they were ₹80,991 Cr.

What is the net profit of Bajaj Auto?

Net profit for the year to Mar 2026 was ₹10,572 Cr, and ₹12,802 Cr over the last twelve months. Earnings per share over the same trailing period were ₹470.43.

How much debt does Bajaj Auto have?

Bajaj Auto reported borrowings of ₹22,748 Cr at Mar 2026, against cash and equivalents of ₹3,073 Cr.

What is the free cash flow of Bajaj Auto?

Cash from operations was ₹2,608 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1,885 Cr.

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