Bajaj Auto Peer Comparison

NSE: BAJAJ-AUTO | BSE: 532977

₹10,045.00

₹-829.00 (-7.62%)

As on 01-Oct-2026IST

Market cap

₹2,76,723 Cr

Revenue (TTM)

₹71,460 Cr

P/E Ratio

23.5

P/B Ratio

7.6

Div. Yield

1.5 %

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	Bajaj Auto	Maruti Suzuki	Mahindra & Mahindra	TVS Motor	Eicher Motors
Market cap (₹ Cr)	2,76,723	3,58,419	3,54,536	1,91,054	1,90,788
Revenue (₹ Cr)	71,460	1,97,181	2,11,375	60,155	24,998
Net Profit (₹ Cr)	10,995.50	13,986.30	18,388.43	3,645.63	4,964.32
Net Margin (%)	14.89	6.94	8.56	6.05	18.73
RoE (%)	32.25	13.86	21.25	39.13	24.67
Price to Earnings	23.53	25.00	19.20	55.74	33.05
Price-To-Book	7.64	3.24	3.61	17.96	7.27

Income Statement (₹ Cr)

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

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

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

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

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

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

	Bajaj Auto	Maruti Suzuki	Mahindra & Mahindra	TVS Motor	Eicher Motors
Price / Earnings	23.90	25.00	18.96	55.23	32.75
Price / Book Value	7.64	3.24	3.61	17.96	7.27
Dividend Yield (%)	1.49	1.23	1.16	0.30	1.18
EV/EBITDA	19.45	16.16	8.21	24.35	30.46
Market Cap (₹ Cr)	2,45,304.34	3,86,668.44	3,30,373.28	1,59,910.27	1,80,622.10

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

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

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