CLSA Maintains Outperform Rating on Bajaj Auto Despite Target Price Reduction to Rs 10,707
CLSA has maintained its Outperform rating on Bajaj Auto while reducing the target price to Rs 10,707 from Rs 11,410. The brokerage cut FY27/28 EPS estimates by 4-5%, which falls within broader OEM sector cuts of 3-13%. Despite expectations of near-term earnings moderation, CLSA continues to maintain a positive stance on the company.
19Mar 26
Macquarie Maintains Neutral Rating on Bajaj Auto with Target Price of Rs 9904
Macquarie has maintained a neutral rating on Bajaj Auto with a target price of Rs 9904. The assessment reflects mixed automotive sector dynamics where SUV-led passenger vehicle growth contrasts with lagging car sales, while two-wheeler demand remains broad-based with scooters outperforming motorcycles, resulting in balanced overall sector conditions.
Bajaj Group Completes ₹21,390 Crore Acquisition of 23% Insurance Stake from Allianz
Bajaj Group has completed the acquisition of a 23% stake in its insurance subsidiaries from Allianz SE for ₹21,390.00 crore, marking the largest deal in Indian insurance sector history. The transaction gives Bajaj Finserv complete control with a 75.01% stake in both Bajaj General Insurance and Bajaj Life Insurance, raising overall group holding to 97.00%. This acquisition ends the 24-year joint venture between Bajaj Finserv and the German insurer, with the remaining 3% stake transfer expected to complete through share buyback in coming months.
09Jan 26
Bajaj Group Completes ₹21,390 Crore Acquisition of 23% Stake in Insurance Businesses from Allianz
Bajaj Group has completed India's largest insurance sector acquisition, purchasing 23% stake each in Bajaj General Insurance and Bajaj Life Insurance from Allianz SE for ₹21,390 crore. The transaction increases Bajaj Group's ownership from 74% to 97%, with the deal funded entirely without leverage. Both insurance companies demonstrate strong financial performance, with Bajaj General Insurance showing 325% solvency and Bajaj Life Insurance maintaining 359% solvency, the highest among life insurers.
Bajaj Auto's Revenue Growth Impacted by KTM Export Suspension
Bajaj Auto reported lower-than-expected revenue growth, failing to reach double digits in its latest financial update. The company attributed this underperformance to a temporary suspension of KTM exports. The halt in KTM motorcycle exports, produced at Bajaj's Chakan plant, has significantly affected the company's international business strategy. While the duration and full impact of this interruption are unclear, it highlights vulnerabilities in global supply chains and the importance of diversified product lines for automotive companies.
29May 25
Bajaj Auto Announces Generous Rs 210 Per Share Dividend for FY25
Bajaj Auto's board has recommended a dividend of Rs 210 per share for FY2025, totaling Rs 5,864.00 crore. This represents 72% of the company's Profits after Tax. The record date is set for June 20, with an expected payment date around August 8, subject to shareholder approval at the AGM on August 6.
29May 25
Bajaj Auto Reports Strong Q4 Results, Recommends ₹210 Dividend
Bajaj Auto reported impressive Q4 results, exceeding analyst estimates. Revenue increased by 5.65% to ₹12,150.00 crore, while net profit grew 5.89% to ₹2,050.00 crore. EBITDA rose 6.24% to ₹2,450.00 crore, with a margin improvement to 20.17%. The company also announced a dividend of ₹210 per equity share.
27May 25
Bajaj Auto to Announce Q4 Results and Consider Dividend on May 29
Bajaj Auto will disclose its Q4 and full fiscal year financial results on May 29, 2023. The board will consider dividend recommendations during the meeting. An earnings call is scheduled for 7 p.m. on the same day. The trading window for designated persons will remain closed from April 1 to May 31, 2023, in compliance with regulatory norms.
23May 25
Bajaj Auto's Subsidiary Inks Call Option Deal for PBAG Shares, Eyes KTM Control
Bajaj Auto's subsidiary, Bajaj Auto India Holdings (BAIH), has entered into a call option agreement for 50,000 shares in Pierer Bajaj AG (PBAG) at €1,013 per share. If exercised, this €50.65 million deal would lead to the Pierer Group's exit from PBAG and potentially grant BAIH control over KTM, a major European motorcycle manufacturer. This strategic move could significantly expand Bajaj Auto's global presence and product portfolio in the motorcycle market.
22May 25
Bajaj Auto's Subsidiary Secures €800 Million for KTM Majority Control
Bajaj Auto International Holdings BV, a subsidiary of Bajaj Auto, has secured €800 million in funding to take majority control of KTM AG, the Austrian motorcycle manufacturer. The package includes a €450 million secured term loan to KTM, €150 million in convertible bonds, and additional funds for related transactions. This move aims to aid KTM's debt restructuring and business revival, while strengthening Bajaj Auto's position in the global motorcycle market.
20May 25
Bajaj Auto Clarifies KTM AG Restructuring Negotiations, Explores Options
Bajaj Auto has issued a clarification regarding media reports about a €566 million loan and KTM AG restructuring. The company confirmed that its Dutch subsidiary, Bajaj Auto International Holdings BV, is in negotiations related to KTM AG's restructuring. Bajaj Auto is exploring options to participate in the process, which has been approved by KTM AG's creditors. The company did not provide specific details about the loan amount or restructuring plan. Bajaj Auto, a strategic partner of KTM AG, promises to provide more information as negotiations progress.
19May 25
Bajaj Auto Explores KTM AG Restructuring Options, Clarifies Media Reports
Bajaj Auto has issued a clarification regarding media reports about a €566 million loan and KTM AG restructuring. The company's Dutch subsidiary, Bajaj Auto International Holdings BV, is in negotiations to participate in KTM AG's restructuring, which has been approved by creditors. Bajaj Auto did not confirm the loan amount and provided limited details about the restructuring plan or its potential involvement.
17May 25
Bajaj Auto's Dutch Subsidiary Secures €566 Million Loan from Global Banks
Bajaj Auto International Holdings BV, the Netherlands-based subsidiary of Bajaj Auto, has secured an unsecured loan of €566.00 million (approx. ₹5,431.08 crore) from JP Morgan, DBS Bank, and Citigroup Global Markets Asia. The loan has a one-year term and could potentially be used for international expansion, R&D, enhancing manufacturing capabilities, or strategic acquisitions in the global market.
15May 25
Bajaj Auto Approves ₹1,200 Crore Investment in Netherlands Unit
Bajaj Auto's board has approved an additional investment of ₹1,200 crore in its Netherlands unit. While specific details are undisclosed, this move likely aims to strengthen the company's European market presence, potentially focusing on production capabilities, distribution networks, R&D activities, or regulatory compliance. The investment underscores Bajaj Auto's commitment to international growth and confidence in its global operations.
02May 25
Bajaj Auto Reports 6% Decline in April 2025 Sales, Domestic Two-Wheeler Segment Hit Hard
Bajaj Auto's total sales dropped 6% year-on-year to 365,810 units in April 2025. Domestic two-wheeler sales fell 13%, while two-wheeler exports grew 4%. Commercial vehicle segment showed positive results with exports up 11%. Overall two-wheeler sales declined 7%, but total commercial vehicle sales increased 3%. The company's shares fell 1.88% following the announcement.
22Apr 25
Bajaj Auto Shares See Significant Block Trade Worth Rs. 17.82 Crores on NSE
A significant block trade of 21,986 Bajaj Auto shares occurred on the National Stock Exchange at Rs. 8,104.50 per share, totaling Rs. 17.82 crores. This large transaction has drawn market attention due to its size, potentially indicating shifts in institutional holdings or investor perspectives on the company's value.