Bajaj Auto Limited has announced that CARE Ratings Limited has reaffirmed the credit rating for its wholly owned subsidiary, Bajaj Auto Credit Limited (BACL). The rating agency maintained its CARE AAA (Stable) rating for BACL's long-term bank facilities, demonstrating continued confidence in the subsidiary's financial strength and creditworthiness.

Credit Rating Details

The reaffirmation covers BACL's substantial banking facilities, reflecting the subsidiary's robust financial position in the automotive financing sector.

Regulatory Compliance and Timeline

Bajaj Auto received the rating reaffirmation information on 31 March 2026 at approximately 10:27 A.M. (IST), following CARE Ratings' communication dated 27 March 2026. The company has made this disclosure in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Disclosure

The automotive manufacturer has fulfilled its regulatory obligations by promptly informing both major stock exchanges about this development. As per the listing regulations, the company has also made this information available on its official website at bajajauto.com under the investors' disclosures section.

The AAA rating with stable outlook indicates CARE Ratings' assessment of BACL's highest degree of safety regarding timely servicing of financial obligations, with the stable outlook suggesting that the rating is unlikely to change in the near term.

Bajaj Auto Limited has notified stock exchanges regarding the publication of annual financial results by its step-down subsidiary Bajaj Mobility AG, demonstrating a remarkable turnaround following an intensive restructuring year. The Austrian subsidiary, formerly known as PIERER Mobility AG, reported strong financial recovery for 2025.

Financial Performance and Recovery

Bajaj Mobility AG confirmed its preliminary financial figures for 2025, showcasing significant improvement in the second half of the year. The company achieved substantial operational stabilization following comprehensive restructuring measures implemented throughout the year.

Debt Reduction and Refinancing Success

The company achieved significant financial restructuring milestones during 2025. Net debt was substantially reduced to EUR 798 million, while inventory levels decreased by 101,153 units from 248,580 to 147,427 vehicles. This inventory optimization contributed to improved cash flow and operational efficiency.

A major refinancing achievement included securing an unsecured loan of EUR 550 million from an international banking consortium comprising J.P. Morgan SE, HSBC, DBS Bank Limited, and MUFG Bank Ltd. The five-year unsecured financing at favorable terms replaced the existing higher-interest EUR 450 million loan from Bajaj Auto, substantially improving financial stability.

Motorsport Excellence and Strategic Focus

Bajaj Mobility AG achieved unprecedented success in motorsport during 2025, securing 29 championship titles across its KTM, Husqvarna Motorcycles, and GASGAS brands. This represents the most successful motorsport year in the company's history, reinforcing technological leadership in the premium motorcycle segment.

The company strategically divested non-core business areas including MV Agusta, KTM X-Bow, and the entire bicycle segment to sharpen focus on core motorcycle operations. This strategic realignment supports the company's commitment to profitable growth in its primary business segments.

2026 Outlook and Market Position

CEO Gottfried Neumeister highlighted strong momentum entering 2026, noting that motorcycle sales in the first quarter already exceeded twice the volume of the previous year's comparable period. The company continues focusing on profitability improvements through efficiency gains and streamlined operations.

Bajaj Mobility AG, listed on SIX Swiss Exchange and Vienna Stock Exchange, operates as the holding company for iconic motorcycle brands including KTM, Husqvarna Motorcycles, and GASGAS. Through its parent company Bajaj Auto Limited, the group maintains extensive technological expertise and worldwide distribution networks across more than 70 countries.