Bajaj Auto Strengthens Leadership with Key Technology and Product Appointments

1 min read     Updated on 08 Nov 2025, 08:11 AM
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Reviewed by
Suketu GalaScanX News Team
Overview

Bajaj Auto has announced two significant additions to its senior management team. Vijay Jerome joins as Chief Digital Information Officer with immediate effect, bringing over 20 years of global technology leadership experience from companies like H&M Group, Pernod Ricard, and Mondelez International. Aditya Makharia will assume the role of Chief Product Officer effective January 18, 2026, with extensive experience from Visteon Corporation and Texas Instruments. These appointments aim to strengthen Bajaj Auto's digital transformation initiatives and product innovation strategies.

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*this image is generated using AI for illustrative purposes only.

Bajaj Auto Limited , a leading Indian automotive manufacturer, has announced two significant additions to its senior management team, reinforcing its commitment to digital transformation and product innovation.

New Leadership Roles

Position Appointee Effective Date Previous Experience
Chief Digital Information Officer Vijay Jerome Immediate - Senior VP at H&M Group
- VP of IT at Pernod Ricard
- Senior roles at Mondelez International
Chief Product Officer Aditya Makharia January 18, 2026 - VP and Country Head of India Business at Visteon Corporation
- Global leadership roles at Texas Instruments

Strengthening Digital Capabilities

Vijay Jerome steps into the role of Chief Digital Information Officer with immediate effect. With over two decades of global technology leadership experience, Jerome brings a wealth of knowledge to Bajaj Auto. His impressive track record includes:

  • Senior Vice President position at H&M Group
  • Vice President of IT at Pernod Ricard
  • 14 years in senior technology roles at Mondelez International

Jerome's extensive experience across diverse industries positions him well to drive Bajaj Auto's digital transformation initiatives and enhance its technological capabilities.

Boosting Product Innovation

Aditya Makharia is set to join Bajaj Auto as Chief Product Officer, effective January 18, 2026. Makharia's appointment underscores the company's focus on product development and innovation. His background includes:

  • Vice President and Country Head of India Business at Visteon Corporation
  • Over 16 years at Texas Instruments in various global leadership roles

Makharia's extensive experience in automotive, electronics, and manufacturing sectors is expected to bring fresh perspectives to Bajaj Auto's product strategy and development processes.

Strategic Implications

These appointments signal Bajaj Auto's strategic intent to strengthen its leadership in key areas:

  1. Digital Transformation: Jerome's appointment highlights the company's commitment to leveraging technology for operational excellence and customer experience enhancement.

  2. Product Innovation: Makharia's role underscores Bajaj Auto's focus on developing cutting-edge products that meet evolving market demands.

  3. Global Expertise: Both executives bring international experience, which may help Bajaj Auto in its global market strategies.

As Bajaj Auto continues to navigate the rapidly evolving automotive landscape, these strategic appointments are likely to play a crucial role in shaping the company's future direction and maintaining its competitive edge in the industry.

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Bajaj Auto Reports Record Q2 FY26 Performance, Plans New Two-Wheeler Launches

2 min read     Updated on 07 Nov 2025, 05:31 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Bajaj Auto Limited achieved record-breaking financial results in Q2 FY26. Revenue reached ₹14,922.00 crore, up 14% year-on-year. EBITDA surpassed ₹3,000.00 crore for the first time, with a 20.5% margin. PAT hit a new peak at ₹2,480.00 crore, growing 24% year-on-year. The company saw strong performance in both domestic and export markets. KTM and Triumph brands exceeded 60,000 bike sales. Bajaj Auto plans to launch three new two-wheeler models between December and May. The EV segment grew 1.5 times year-on-year despite supply constraints. The company generated ₹4,500.00 crore in free cash flow in H1 FY26 and maintains a robust balance sheet with ₹14,244.00 crore in surplus funds.

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*this image is generated using AI for illustrative purposes only.

Bajaj Auto Limited , a leading Indian two-wheeler and three-wheeler manufacturer, has reported stellar financial results for the second quarter of fiscal year 2026, setting new benchmarks in revenue and profitability. The company has also announced plans to launch three new two-wheeler models in the coming months.

Record-Breaking Financial Performance

The company's revenue from operations reached an all-time high of ₹14,922.00 crore in Q2 FY26, marking a significant 14% year-on-year increase from ₹13,127.00 crore in Q2 FY25. This growth was primarily driven by a richer product mix and record-breaking spare parts sales.

Bajaj Auto's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) surpassed the ₹3,000.00 crore milestone for the first time, reaching ₹3,052.00 crore. The EBITDA margin improved to 20.5%, up 70 basis points quarter-on-quarter.

Profit After Tax (PAT) also hit a new peak at ₹2,480.00 crore, representing a substantial 24% year-on-year growth from the normalized PAT of ₹2,216.00 crore in Q2 FY25.

Domestic and Export Market Highlights

The domestic business delivered record revenue, with stepped-up growth in premium bikes and double-digit growth in commercial vehicles. The export segment showed exceptional performance, with revenue increasing by 35% year-on-year across regions and product categories.

Product Portfolio and Innovation

Bajaj Auto continued to strengthen its product lineup during the quarter:

  • The KTM and Triumph brands collectively achieved their biggest quarter yet, with domestic retail sales and export billings exceeding 60,000 bikes, up approximately 70% year-on-year.
  • The company introduced new models such as the KTM Duke 160 and the Triumph Thruxton 400.
  • In the commercial vehicle segment, Bajaj Auto entered the large e-rickshaw market with the launch of 'Riki' in four cities, with plans for expansion.

Upcoming Model Launches

According to a company executive, Bajaj Auto plans to launch three new two-wheeler models between December and May.

Electric Vehicle Segment

Despite supply constraints, Bajaj Auto's electric vehicle portfolio, including the Chetak scooter, grew 1.5 times year-on-year. The company regained market leadership in the EV scooter segment by October.

Financial Stability and Shareholder Returns

Bajaj Auto generated approximately ₹4,500.00 crore of free cash flow in the first half of FY26. The company's balance sheet remains robust with surplus funds of ₹14,244.00 crore, even after distributing ₹5,864.00 crore to shareholders as dividends and infusing over ₹2,000.00 crore into subsidiaries.

Challenges and Resilience

Bajaj Auto's strong performance comes despite facing disruptions in the supply of rare earth magnets, which particularly affected its electric vehicle segment. The company's business model allowed it to offset these challenges through strong performances across other business segments.

Historical Stock Returns for Bajaj Auto

1 Day5 Days1 Month6 Months1 Year5 Years
-0.01%+1.69%-2.19%+9.98%-6.19%+191.62%
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