Bajaj Auto Key Ratios
NSE: BAJAJ-AUTO | BSE: 532977
₹11,910.00
As on 28-Aug-2026IST
Market cap
₹3,27,566 Cr
Revenue (TTM)
₹71,460 Cr
P/E Ratio
27.9
P/B Ratio
9
Div. Yield
1.3 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 21.63 | 65.14 | 36.91 | 22.62 | 17.40 |
| EBIT | 48.09 | 54.23 | 32.66 | 26.89 | 20.87 |
| Net Profit | -10.85 | 45.93 | 55.05 | 21.67 | 15.89 |
| EPS | -11.91 | 45.80 | 54.75 | 22.13 | 16.67 |
| Book Value | -- | -- | 10.11 | 10.14 | 7.99 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 19.35 | 17.98 | 19.41 | 19.73 | 19.71 |
| Net Margin
| 15.61 | 16.17 | 14.89 | 16.25 | 13.96 |
| Return on equity
| 26.03 | 24.04 | 32.25 | 28.67 | 22.91 |
| Return on Capital
| 30.10 | 28.70 | -- | 28.68 | 28.14 |
| Return on Assets
| 17.50 | 17.54 | 16.73 | 16.14 | 15.67 |
| Debt to Equity (x)
| -- | -- | 0.40 | 0.57 | 0.27 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
--
|
28.68
|
28.14
|
33.47
|
26.51
|
|
Peer Median
|
18.53
|
--
|
--
|
--
|
--
|
ROE
32.25
Higher than Peers by 16.10
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
32.25
|
28.67
|
22.91
|
26.51
|
20.50
|
|
Peer Median
|
16.16
|
--
|
--
|
--
|
--
|
ROA
16.73
Higher than Peers by 6.39
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
16.73
|
16.14
|
15.67
|
20.70
|
17.25
|
|
Peer Median
|
10.34
|
--
|
--
|
--
|
--
|
EBIT Margin
19.41
Higher than Peers by 10.35
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
19.41
|
19.73
|
19.71
|
18.62
|
16.90
|
|
Peer Median
|
9.06
|
--
|
--
|
--
|
--
|
Net Margin
14.89
Higher than Peers by 7.43
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
14.89
|
16.25
|
13.96
|
16.63
|
16.10
|
|
Peer Median
|
7.47
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
--
|
17.72
|
15.07
|
17.84
|
17.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
36.91
Higher than Peers by 8.67
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
36.91
|
23.36
|
13.65
|
23.08
|
9.99
|
|
Peer Median
|
28.24
|
--
|
--
|
--
|
--
|
EBIT Growth
32.66
Lower than Peers by 25.03
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
32.66
|
23.50
|
20.25
|
35.60
|
24.30
|
|
Peer Median
|
57.68
|
--
|
--
|
--
|
--
|
Net Profit Growth
55.05
Higher than Peers by 6.90
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
55.05
|
44.37
|
-4.98
|
27.19
|
-1.71
|
|
Peer Median
|
48.15
|
--
|
--
|
--
|
--
|
EPS Growth
54.75
Lower than Peers by 5.25
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
54.75
|
46.56
|
-5.00
|
28.92
|
0.51
|
|
Peer Median
|
60.00
|
--
|
--
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
--
|
10.20
|
21.59
|
-1.50
|
-1.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.40
Higher than Peers by 0.38
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
0.40
|
0.57
|
0.27
|
0.07
|
0.00
|
|
Peer Median
|
0.02
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
--
|
0.02
|
0.02
|
0.04
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.76
Higher than Peers by 0.62
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
1.76
|
1.76
|
1.68
|
1.30
|
1.83
|
|
Peer Median
|
1.14
|
--
|
--
|
--
|
--
|
Quick Ratio
1.43
Higher than Peers by 0.69
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
1.43
|
1.43
|
1.50
|
1.12
|
1.53
|
|
Peer Median
|
0.74
|
--
|
--
|
--
|
--
|
Interest Coverage
12.15
Lower than Peers by 44.05
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
12.15
|
12.94
|
27.29
|
167.34
|
199.48
|
|
Peer Median
|
56.20
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
4.86
Higher than Peers by 0.34
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
4.86
|
5.52
|
4.17
|
4.63
|
4.81
|
|
Peer Median
|
4.52
|
--
|
--
|
--
|
--
|
Asset Turnover
1.09
Lower than Peers by 0.04
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
1.09
|
0.97
|
1.10
|
1.21
|
1.05
|
|
Peer Median
|
1.13
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
--
|
16.13
|
14.93
|
15.44
|
16.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
--
|
24.13
|
13.38
|
13.12
|
13.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
--
|
65.31
|
61.87
|
55.52
|
54.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
--
|
-25.05
|
-33.56
|
-26.96
|
-24.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
27.86
Higher than Peers by 5.96
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
27.86
|
22.83
|
30.02
|
33.12
|
18.13
|
|
Peer Median
|
21.89
|
--
|
--
|
--
|
--
|
Price / Book Value
9.04
Higher than Peers by 4.41
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
9.04
|
6.34
|
6.27
|
8.85
|
3.75
|
|
Peer Median
|
4.63
|
--
|
--
|
--
|
--
|
Dividend Yield
1.26
Higher than Peers by 0.21
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
1.26
|
1.71
|
2.67
|
0.87
|
3.60
|
|
Peer Median
|
1.05
|
--
|
--
|
--
|
--
|
EV/EBITDA
20.19
Lower than Peers by 11.93
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
20.19
|
17.34
|
18.96
|
25.02
|
14.31
|
|
Peer Median
|
32.13
|
--
|
--
|
--
|
--
|
Market Cap
3,27,566
Higher than Peers by 1,34,365
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Bajaj Auto
|
3,27,566
|
2,45,304
|
2,19,899
|
2,55,308
|
1,09,898
|
|
Peer Median
|
1,93,201
|
--
|
--
|
--
|
--
|