Bajaj Auto Peer Comparison
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 %
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
3,27,566 | 4,20,844 | 4,14,394 | 2,21,265 | 2,04,287 |
Revenue (₹ Cr) |
71,460 | 1,97,181 | 2,11,375 | 24,998 | 60,155 |
Net Profit (₹ Cr) |
10,995.50 | 13,986.30 | 18,388.43 | 4,964.32 | 3,645.63 |
Net Margin (%) |
14.89 | 6.94 | 8.56 | 18.73 | 6.05 |
RoE (%) |
32.25 | 13.86 | 21.25 | 24.67 | 39.13 |
Price to Earnings |
27.86 | 29.36 | 22.44 | 38.33 | 59.60 |
Price-To-Book |
9.04 | 3.81 | 4.22 | 8.43 | 19.21 |
Income Statement (₹ Cr)
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
Operating Revenue
|
71,460.48 | 1,97,180.60 | 2,11,374.90 | 24,998.14 | 60,154.99 |
|
Total Income
|
73,821.58 | 2,01,539.80 | 2,14,919.80 | 26,504.92 | 60,295.54 |
|
Total Expenditure
|
56,661.20 | 1,76,049.90 | 1,72,057.88 | 18,825.23 | 51,218.03 |
|
EBITDA
|
14,799.28 | 21,130.70 | 39,317.02 | 6,172.91 | 8,936.96 |
|
Depreciation
|
932.01 | 6,966.00 | 7,534.93 | 919.86 | 1,311.81 |
|
EBIT
|
13,867.27 | 14,164.70 | 31,782.09 | 5,253.05 | 7,625.15 |
|
Interest
|
1,332.17 | 255.40 | 9,719.57 | 78.28 | 2,281.43 |
|
Other Income
|
2,361.10 | 4,359.20 | 3,544.90 | 1,506.78 | 140.55 |
|
Exceptional Items
|
-39.21 | 0.00 | -292.94 | -55.45 | -50.08 |
|
Profit before Tax
|
14,856.99 | 18,268.50 | 25,314.48 | 6,626.10 | 5,434.19 |
|
Provision for Tax
|
3,861.49 | 4,282.20 | 6,926.05 | 1,661.78 | 1,788.56 |
|
Profit after Tax
|
10,995.50 | 13,986.30 | 18,388.43 | 4,964.32 | 3,645.63 |
Liabilities (₹ Cr)
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
38,831.99 | 1,07,156.30 | 93,096.35 | 25,100.15 | 9,564.25 |
|
Minority Interest
|
206.59 | 0.00 | -1,772.62 | 0.00 | -173.46 |
|
Non-Current Liabilities
|
17,664.41 | 5,244.50 | 92,045.08 | 2,039.43 | 13,720.08 |
|
Current Liabilities
|
19,338.16 | 36,480.20 | 1,16,098.56 | 5,023.98 | 32,067.68 |
|
Total Liabilities
|
76,913.98 | 1,85,376.00 | 3,16,053.68 | 32,163.56 | 56,145.62 |
Assets (₹ Cr)
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
41,509.43 | 1,05,176.70 | 1,56,479.29 | 18,933.13 | 24,206.00 |
|
Current Assets
|
33,977.13 | 38,957.40 | 1,47,139.62 | 9,554.25 | 31,469.43 |
|
Total Assets
|
76,913.98 | 1,85,376.00 | 3,16,053.68 | 32,163.56 | 56,145.62 |
|
Total Debt*
|
22,053.89 | 0.00 | 1,32,587.26 | 319.01 | 31,623.93 |
|
Net Current Assets
|
14,638.97 | 2,477.20 | 31,041.06 | 4,530.27 | -598.25 |
|
Contingent Liabilities
|
2,139.81 | 17,919.80 | 11,600.31 | 385.38 | 795.47 |
Cashflow (₹ Cr)
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
2,596.60 | 19,099.90 | 11,657.36 | 4,804.84 | 1,866.59 |
|
Cash Flow from Investing Activities
|
-7,033.88 | -14,733.50 | -17,707.39 | -2,963.98 | -2,964.47 |
|
Cash from Financing Activities
|
5,079.45 | -4,484.00 | 5,391.04 | -1,982.87 | 909.33 |
|
Net Cash Inflow / Outflow
|
642.17 | -117.60 | -658.99 | -142.01 | -188.55 |
Ratios
Profitability Ratios
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
ROCE (%)
|
28.68 | 19.03 | 16.29 | 30.54 | 18.24 |
|
ROE (%)
|
32.25 | 13.86 | 21.25 | 24.67 | 39.13 |
|
ROA (%)
|
16.73 | 9.96 | 6.18 | 16.73 | 6.98 |
|
EBIT Margin (%)
|
19.41 | 7.18 | 15.04 | 21.01 | 12.68 |
|
Net Margin (%)
|
14.89 | 6.94 | 8.56 | 18.73 | 6.05 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
36.91 | 26.61 | 26.18 | 28.07 | 30.82 |
|
EBIT Growth (%)
|
32.66 | 3.32 | 26.47 | 31.63 | 29.37 |
|
Net Profit Growth (%)
|
29.22 | -2.27 | 39.17 | 19.45 | 41.17 |
|
EPS Growth (%)
|
54.94 | -1.37 | 36.16 | 20.24 | 46.44 |
|
Book Value Growth (%)
|
10.20 | 11.34 | 20.67 | 17.71 | 12.47 |
Valuation Ratios
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
Price / Earnings
|
28.29 | 29.36 | 22.17 | 37.98 | 59.05 |
|
Price / Book Value
|
9.04 | 3.81 | 4.22 | 8.43 | 19.21 |
|
Dividend Yield (%)
|
1.26 | 1.05 | 0.99 | 1.02 | 0.28 |
|
EV/EBITDA
|
22.89 | 19.11 | 9.73 | 35.40 | 25.84 |
|
Market Cap (₹ Cr)
|
2,45,304.34 | 3,86,668.44 | 3,30,373.28 | 1,80,622.10 | 1,59,910.27 |
Solvency Ratios
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.40 | 0.00 | 0.79 | 0.01 | 1.31 |
|
Short term debt to equity ratio
|
0.02 | -- | 0.20 | 0.00 | 0.81 |
|
Current Ratio
|
1.76 | 1.07 | 1.27 | 1.90 | 0.98 |
|
Quick Ratio
|
1.43 | 0.76 | 1.08 | 1.51 | 0.90 |
|
Interest Coverage
|
12.15 | 72.53 | 3.60 | 85.65 | 3.38 |
Operating Efficiency Ratios
| Bajaj Auto | Maruti Suzuki | Mahindra & Mahindra | Eicher Motors | TVS Motor | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
4.86 | 2.71 | 4.29 | 1.41 | 4.41 |
|
Asset Turnover
|
1.09 | 1.40 | 0.71 | 0.84 | 1.15 |
|
Receivable days
|
16.13 | 11.43 | 15.33 | 6.98 | 14.23 |
|
Inventory Days
|
24.13 | 17.54 | 37.46 | 27.27 | 15.87 |
|
Payable days
|
65.31 | 53.76 | 95.02 | 73.57 | 91.02 |
|
Cash Conversion Cycle
|
-25.05 | -24.80 | -42.24 | -39.32 | -60.92 |