NSE: BAJAJ-AUTO | BSE: 532977

Expensive Performer

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8607.00 -267.50 (-3.01%)

High volume today

NSE 30 May, 2025 3:31 PM (IST)

240,357

Market Cap

Market Leader

1.0

Beta 1Year

Average volatility

Estimates Miss

Bajaj Auto's Q4 net profit misses Forecaster estimates by 10.5%; EBITDA margin expands 10 bps YoY See details

Bajaj Auto Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BAJAJ-AUTO, BSE:532977 Bajaj Auto Ltd.

Bajaj Auto Ltd.

23 Jul 2020

8607.00

-3.01%

Bajaj Auto: Q1FY21 Result Review

Sell: Bajaj Auto Ltd.

Recommendation Target

IDBI Capital

Bajaj Auto (BJAUT) Q1FY21 result was above our and consensus estimates at all parameters. EBITDA margin for the quarter stood at 13.3% vs our and consensus estimates of 4.4% and 10.6% respectively on account of lower operating expenses. We expect domestic 2W/3W industry to see a double digit decline in FY21 driven primarily by adverse impact of the COVID-19 outbreak on economic growth and discretionary spending. However stronger recovery in export market for 2W/3W segment would help BJAUT to partially mitigate the current slowdown in domestic market. We cut our volume estimates for FY21/FY22 by 5% each factoring the extended lockdown in certain...

Bajaj Auto Ltd. has an average target of 10420.00 from 12 brokers.

Bajaj Auto Ltd.

23 Jul 2020

8607.00

-3.01%

Result Update:Bajaj Auto

Hold: Bajaj Auto Ltd.

Target

Axis Direct

Bajaj Auto reported a dismalQ1FY21 but along expected lines. Revenue declinedby ~60% YoY at Rs3079cr (v/s our est. of Rs 3078 cr). EBITDA came in at Rs409cr ahead of our estimates on better Gross Margins (up 460 bps YoY). EBITDA margin was at 13.3% (down ~220 bps YoY and 510 bps QoQ)

Bajaj Auto Ltd. is trading at high day volume of 1.4M.

Bajaj Auto Ltd.

22 Jul 2020

8607.00

-3.01%

Q1FY21 Result Update - 2Ws recovery to an extent 85%, 3Ws lags - HOLD

Hold: Bajaj Auto Ltd.

Target

Prabhudas Lilladhar

Finacing concerns for domestic 3Ws to continue as owners are only earning ~30-40% of the normal business per days. No conern on 2W so-far. BJAUT results were operationally better with positive surprise on EBITDA margins at 13.3% (-220bp YoY, PLe 12.5%) led by three year high gross margins at 32.9% (+470bp YoY, PLe 32%). The beat was led by favorable forex impact. However, Adj.PAT came in lower at Rs5.3b (-53% YoY, PLe Rs6.2b) due to lower other income. With weak product mix (higher domestic share)...

Bajaj Auto Ltd. is trading at high day volume of 1.4M.

Bajaj Auto Ltd.

28 May 2020

8607.00

-3.01%

Bajaj Auto

Bajaj Auto Ltd.

SMC online

Bajaj Auto Q4 results, net profit flat at Rs 1,310 crore; still beats Street estimates. Bajaj Auto posted 0.36 per cent year-on-year (YoY) rise in consolidated net profit at Rs 1,310.29 crore for the quarter ended March 31. Bajaj Auto had reported a net profit of Rs 1,305.59 crore in the corresponding quarter last year. It's quarterly profit remained largely flat as exports partially offset its sales decline in India after the coronavirus pandemic stalled operations and dealt another blow an already struggling automobile sector....

Bajaj Auto Ltd. is trading at high day volume of 1.4M.

Bajaj Auto Ltd.

22 May 2020

8607.00

-3.01%

Bajaj Auto: Q4FY20 Result Review

Hold: Bajaj Auto Ltd.

Recommendation Target

IDBI Capital

Bajaj Auto (BJAUT) Q4FY20 result was above our and consensus estimates at operating level. EBITDA margin for the quarter stood at 18.4% vs our and consensus estimates of 16.3% and 15.8% respectively. We expect 2W industry to see a double digit decline in FY21 driven primarily by adverse impact of the COVID-19 outbreak on economic growth and discretionary spending. The challenges for the 2W segment are likely to get aggravated as consumer spending will be severely impacted by the outbreak resulting in lower spending power both in urban and rural markets. We believe BJAUT being a major player in 250cc segment could see muted sales for Pulser/Avenger/KTM etc. We...

Bajaj Auto Ltd. is trading at high day volume of 1.4M.

Bajaj Auto Ltd.

21 May 2020

8607.00

-3.01%

Bajaj Auto

Buy: Bajaj Auto Ltd.

East India Securities Ltd

The festivals started on a slow note, but History indicates a strong correlation between weak oil & impact on its exports (FY16 & picked up during the last few days of FY17). We think this will repeat in FY21e as well & expect ~27% YoY degrowth in exports. Navratri/Dussehra post clarification on GST,...

Bajaj Auto Ltd. is trading below its 150 day SMA of 8634.5

Bajaj Auto Ltd.

21 May 2020

8607.00

-3.01%

Bajaj Auto

Hold: Bajaj Auto Ltd.

Target

ICICI Securities Limited

The deep economic impact of the Covid-19 disruption has brought about a role reversal in our immediate and medium term expectations for the auto sector. Earlier, the PV segment was seen outperforming on the back of rising premiumisation content and an expanding UV portfolio. However, with income levels and ensuing propensity to spend under pressure now in the wake of the pandemic, we feel the 2-W space would now be the frontrunner in coming quarters. Within 2-W, rural-heavy motorcycle sub-segment is expected to lead the charge owing to (i) relatively lower Covid-19 outbreak...

Number of FII/FPI investors decreased from 1076 to 1032 in Mar 2025 qtr

Bajaj Auto Ltd.

21 May 2020

8607.00

-3.01%

Result Update:Bajaj Auto

Hold: Bajaj Auto Ltd.

Recommendation Target

Axis Direct

Bajaj Auto reported a resilient Q4FY20, with all round beat. Revenues were down 8% (v/s expectation of 15%), Gross Margin was up 340 bps (YoY) on account of better product mix and favourable currency.

Bajaj Auto Ltd. is trading above its 100 day SMA of 8268.4

Bajaj Auto Ltd.

21 May 2020

8607.00

-3.01%

Q4FY20 Result Update - Better ASP and gross margin drive performance - HOLD

Hold: Bajaj Auto Ltd.

Recommendation Target

Prabhudas Lilladhar

Finacing concerns for domestic 3Ws although no conern on 2W so-far. BJAUT results look better at Revenue/EBITDA/PAT where EBITDA margin came in at 18.4% (PLe 16.2%), expanding 50bp QoQ. The beat in margin was led by higher realizations at Rs68.7k/unit (PLe Rs63.7k/unit) aided by favorable mix and forex movement. We have slashed FY21/22 eps estimates by 5.3%/2.6% as we cut sales by 11%/8% due to uncertainties in both domestic and exports volumes (both in 2W and 3W). BJAUT is already...