Bajaj Auto Peer Comparison

NSE: BAJAJ-AUTO | BSE: 532977

₹10,071.00

₹-1.00 (-0.01%)

As on 26-Oct-2026IST

Market cap

₹2,77,167 Cr

Revenue (TTM)

₹71,460 Cr

P/E Ratio

23.6

P/B Ratio

7.7

Div. Yield

1.5 %

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	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Market cap (₹ Cr)	2,77,167	3,54,406	3,52,131	1,94,910	1,89,987
Revenue (₹ Cr)	71,460	2,11,375	1,97,181	24,998	60,155
Net Profit (₹ Cr)	10,995.50	18,388.43	13,986.30	4,964.32	3,645.63
Net Margin (%)	14.89	8.56	6.94	18.73	6.05
RoE (%)	32.25	21.25	13.86	24.67	39.13
Price to Earnings	23.57	19.19	24.57	33.77	55.43
Price-To-Book	7.65	3.61	3.19	7.43	17.86

Income Statement (₹ Cr)

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Operating Revenue	71,460.48	2,11,374.90	1,97,180.60	24,998.14	60,154.99
Total Income	73,821.58	2,14,919.80	2,01,539.80	26,504.92	60,295.54
Total Expenditure	56,661.20	1,72,057.88	1,76,049.90	18,825.23	51,218.03
EBITDA	14,799.28	39,317.02	21,130.70	6,172.91	8,936.96
Depreciation	932.01	7,534.93	6,966.00	919.86	1,311.81
EBIT	13,867.27	31,782.09	14,164.70	5,253.05	7,625.15
Interest	1,332.17	9,719.57	255.40	78.28	2,281.43
Other Income	2,361.10	3,544.90	4,359.20	1,506.78	140.55
Exceptional Items	-39.21	-292.94	0.00	-55.45	-50.08
Profit before Tax	14,856.99	25,314.48	18,268.50	6,626.10	5,434.19
Provision for Tax	3,861.49	6,926.05	4,282.20	1,661.78	1,788.56
Profit after Tax	10,995.50	18,388.43	13,986.30	4,964.32	3,645.63

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Shareholder's Funds	38,831.99	93,096.35	1,07,156.30	25,100.15	9,564.25
Minority Interest	206.59	-1,772.62	0.00	0.00	-173.46
Non-Current Liabilities	17,664.41	92,045.08	5,244.50	2,039.43	13,720.08
Current Liabilities	19,338.16	1,16,098.56	36,480.20	5,023.98	32,067.68
Total Liabilities	76,913.98	3,16,053.68	1,85,376.00	32,163.56	56,145.62

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Non-Current Assets	41,509.43	1,56,479.29	1,05,176.70	18,933.13	24,206.00
Current Assets	33,977.13	1,47,139.62	38,957.40	9,554.25	31,469.43
Total Assets	76,913.98	3,16,053.68	1,85,376.00	32,163.56	56,145.62
Total Debt*	22,053.89	1,32,587.26	0.00	319.01	31,623.93
Net Current Assets	14,638.97	31,041.06	2,477.20	4,530.27	-598.25
Contingent Liabilities	2,139.81	11,600.31	17,919.80	385.38	795.47

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Cash From Operating Activities	2,596.60	11,657.36	19,099.90	4,804.84	1,866.59
Cash Flow from Investing Activities	-7,033.88	-17,707.39	-14,733.50	-2,963.98	-2,964.47
Cash from Financing Activities	5,079.45	5,391.04	-4,484.00	-1,982.87	909.33
Net Cash Inflow / Outflow	642.17	-658.99	-117.60	-142.01	-188.55

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
ROCE (%)	28.68	16.29	19.03	30.54	18.24
ROE (%)	32.25	21.25	13.86	24.67	39.13
ROA (%)	16.73	6.18	9.96	16.73	6.98
EBIT Margin (%)	19.41	15.04	7.18	21.01	12.68
Net Margin (%)	14.89	8.56	6.94	18.73	6.05
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Revenue Growth (%)	36.91	26.18	26.61	28.07	30.82
EBIT Growth (%)	32.66	26.47	3.32	31.63	29.37
Net Profit Growth (%)	29.22	39.17	-2.27	19.45	41.17
EPS Growth (%)	54.94	36.16	-1.37	20.24	46.44
Book Value Growth (%)	10.20	20.67	11.34	17.71	12.47

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Price / Earnings	23.94	18.96	24.57	33.46	54.92
Price / Book Value	7.65	3.61	3.19	7.43	17.86
Dividend Yield (%)	1.49	1.16	1.25	1.15	0.30
EV/EBITDA	19.48	8.20	15.86	31.13	24.24
Market Cap (₹ Cr)	2,45,304.34	3,30,373.28	3,86,668.44	1,80,622.10	1,59,910.27

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Debt to Equity	0.40	0.79	0.00	0.01	1.31
Short term debt to equity ratio	0.02	0.20	--	0.00	0.81
Current Ratio	1.76	1.27	1.07	1.90	0.98
Quick Ratio	1.43	1.08	0.76	1.51	0.90
Interest Coverage	12.15	3.60	72.53	85.65	3.38

	Bajaj Auto	Mahindra & Mahindra	Maruti Suzuki	Eicher Motors	TVS Motor
Debtors to sales (%)	4.86	4.29	2.71	1.41	4.41
Asset Turnover	1.09	0.71	1.40	0.84	1.15
Receivable days	16.13	15.33	11.43	6.98	14.23
Inventory Days	24.13	37.46	17.54	27.27	15.87
Payable days	65.31	95.02	53.76	73.57	91.02
Cash Conversion Cycle	-25.05	-42.24	-24.80	-39.32	-60.92

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.