Bajaj Auto
Market Cap
₹795.5b
Last Updated
2019/08/24 12:55 UTC
Data Sources
Company Financials +
Executive Summary
Bajaj Auto Limited develops, manufactures, and distributes automobiles in India.
Snowflake
Fundamentals
Flawless balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Bajaj Auto's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.06%
NSEI:BAJAJ-AUTO
0.3%
IN Auto
-2.1%
IN Market
1 Year Return
2.5%
NSEI:BAJAJ-AUTO
-32.9%
IN Auto
-14.7%
IN Market
BAJAJ-AUTO outperformed the Auto industry which returned -32.8% over the past year.
BAJAJ-AUTO outperformed the Market in India which returned -14.6% over the past year.
Share holder returns
| BAJAJ-AUTO | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.06% | 0.3% | -2.1% |
| 30 Day | 7.9% | 2.4% | -3.9% |
| 90 Day | -10.7% | -16.8% | -10.1% |
| 1 Year | 4.8%2.5% | -32.0%-32.9% | -12.9%-14.7% |
| 3 Year | 2.4%-3.8% | -19.0%-21.7% | 17.7%11.5% |
| 5 Year | 35.4%21.7% | 4.7%-0.2% | 35.4%22.5% |
Price Volatility Vs. Market
How volatile is Bajaj Auto's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Bajaj Auto Limited's (NSE:BAJAJ-AUTO) CEO Being Overpaid?1 month ago | Simply Wall St
Could Bajaj Auto Limited's (NSE:BAJAJ-AUTO) Investor Composition Influence The Stock Price?1 month ago | Simply Wall St
Is It Worth Considering Bajaj Auto Limited (NSE:BAJAJ-AUTO) For Its Upcoming Dividend?Valuation
Is Bajaj Auto undervalued based on future cash flows and its price relative to the stock market?
16.24x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Bajaj Auto's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Bajaj Auto's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Bajaj Auto is overvalued based on earnings compared to the IN Auto industry average.
Bajaj Auto is overvalued based on earnings compared to the India market.
Price Based on Expected Growth
Bajaj Auto is poor value based on expected growth next year.
Price Based on Value of Assets
Bajaj Auto is overvalued based on assets compared to the IN Auto industry average.
Next Steps
Future Growth
How is Bajaj Auto expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
4.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Bajaj Auto's revenue is expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).
Bajaj Auto's earnings are expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).
Bajaj Auto's revenue growth is positive but not above the India market average.
Bajaj Auto's earnings growth is positive but not above the India market average.
Bajaj Auto's earnings growth is positive but not above the low risk savings rate of 7.6%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Bajaj Auto will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Bajaj Auto performed over the past 5 years?
8.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Bajaj Auto's year on year earnings growth rate has been positive over the past 5 years.
Bajaj Auto's 1-year earnings growth exceeds its 5-year average (10.7% vs 8.6%)
Bajaj Auto's earnings growth has exceeded the IN Auto industry average in the past year (10.7% vs 4%).
Return on Equity
Bajaj Auto has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Bajaj Auto used its assets more efficiently than the IN Auto industry average last year based on Return on Assets.
Return on Capital Employed
Bajaj Auto's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Bajaj Auto's financial position?
Financial Position Analysis
Bajaj Auto is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Bajaj Auto's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Bajaj Auto has no debt.
Bajaj Auto has no debt compared to 5 years ago when it was 0.7%.
Bajaj Auto has no debt, it does not need to be covered by operating cash flow.
Bajaj Auto has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Low level of unsold assets.
Bajaj Auto has no debt, it does not need to be covered by short term assets.
Next Steps
Dividend
What is Bajaj Auto's current dividend yield, its reliability and sustainability?
2.29%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Bajaj Auto's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.65%).
Bajaj Auto's dividend is below the markets top 25% of dividend payers in India (2.64%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Bajaj Auto's salary, the management and board of directors tenure and is there insider trading?
11.8yrs
Average management tenure
CEO
Rajiv Bajaj (53yo)
14.3yrs
Tenure
₹323,102,040
Compensation
Mr. Rajivnayan Rahulkumar Bajaj also known as Rajiv, is a Director of Bajaj Electricals Limited since May 22, 2019. Mr. Bajaj serves as Managing Director of Bajaj Capital Limited. Mr. Bajaj has been the Ma ...
CEO Compensation Analysis
Rajiv's remuneration is higher than average for companies of similar size in India.
Rajiv's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
11.8yrs
Average Tenure
59.5yo
Average Age
The average tenure for the Bajaj Auto management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
12.9yrs
Average Tenure
66yo
Average Age
The average tenure for the Bajaj Auto board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
More shares have been bought than sold by Bajaj Auto individual insiders in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive President of Retail Finance |
| Shares | 1,000 |
| Max Price | ₹2,608.19 |
| Entity | Individual |
| Role | Chief Executive Officer MD, CEO & Executive Director |
| Shares | 6,400 |
| Max Price | ₹2,886.75 |
| Entity | Individual |
| Role | Chief Executive Officer MD, CEO & Executive Director |
| Shares | 6,400 |
| Max Price | ₹2,895.25 |
| Entity | Company |
| Shares | 615,142 |
| Max Price | ₹3,021.24 |
| Entity | Company |
| Shares | 234,858 |
| Max Price | ₹2,983.82 |
| Entity | Company |
| Shares | 204,000 |
| Max Price | ₹2,953.76 |
| Entity | Company |
| Shares | 500,000 |
| Max Price | ₹2,952.92 |
| Entity | Company |
| Shares | 230,105 |
| Max Price | ₹3,017.44 |
| Entity | Company |
| Shares | 628,437 |
| Max Price | ₹3,013.68 |
| Entity | Company |
| Shares | 506,000 |
| Max Price | ₹2,998.86 |
| Entity | Company |
| Shares | 73,000 |
| Max Price | ₹2,924.60 |
| Entity | Company |
| Shares | 332,188 |
| Max Price | ₹2,902.83 |
| Entity | Company |
| Shares | 661,000 |
| Max Price | ₹2,914.37 |
| Entity | Company |
| Shares | 2,022 |
| Max Price | ₹2,836.60 |
| Entity | Company |
| Shares | 26,227 |
| Max Price | ₹2,777.54 |
| Entity | Company |
| Shares | 433,562 |
| Max Price | ₹2,823.25 |
| Entity | Company |
| Shares | 19,825 |
| Max Price | ₹2,823.89 |
| Entity | Company |
| Shares | 53,486 |
| Max Price | ₹2,825.86 |
| Entity | Company |
| Shares | 17,004 |
| Max Price | ₹2,826.20 |
| Entity | Company |
| Shares | 236,500 |
| Max Price | ₹2,848.91 |
| Entity | Company |
| Shares | 108,855 |
| Max Price | ₹2,847.94 |
| Entity | Individual |
| Shares | 3,500 |
| Max Price | ₹2,901.16 |
Ownership Breakdown
Management Team
J. Sridhar (64yo)
Company Secretary & Compliance Officer
- Tenure: 18.1yrs
- Compensation: ₹16.96m
Rajiv Bajaj (53yo)
MD, CEO & Executive Director
- Tenure: 14.3yrs
- Compensation: ₹323.10m
Rahul Kumar Bajaj (81yo)
Chairman
- Tenure: 0.0yrs
- Compensation: ₹114.22m
Pradeep Shrivastava (58yo)
Executive Director
- Tenure: 3.3yrs
- Compensation: ₹66.54m
S. Ravikumar (61yo)
Chief Business Development Officer
- Tenure: 0.0yrs
- Compensation: ₹3.69m
Kevin D'Sa (65yo)
President of Retail Finance
- Tenure: 0.0yrs
- Compensation: ₹37.53m
Abraham Joseph (51yo)
Chief Technology Officer
- Tenure: 0.0yrs
Rakesh Sharma (55yo)
Chief Commercial Officer & Executive Director
- Tenure: 0.8yrs
- Compensation: ₹203.85m
Soumen Ray
CFO & President of Finance
- Tenure: 0.3yrs
Ravi Ramasamy
Chief Human Resources Officer
- Tenure: 2.5yrs
Board Members
Doveton Jagannathrao Rao (80yo)
Independent Non-Executive Director
- Tenure: 26.6yrs
- Compensation: ₹4.50m
Shekhar Bajaj (71yo)
Non-Executive Director
- Tenure: 24.6yrs
- Compensation: ₹1.50m
Sanjiv Bajaj (50yo)
Non-Executive Director
- Tenure: 15.3yrs
- Compensation: ₹2.00m
Rajiv Bajaj (53yo)
MD, CEO & Executive Director
- Tenure: 14.3yrs
- Compensation: ₹323.10m
Rahul Kumar Bajaj (81yo)
Chairman
- Tenure: 0.0yrs
- Compensation: ₹114.22m
Madhur Bajaj (67yo)
Vice Chairman
- Tenure: 2.3yrs
- Compensation: ₹2.00m
Pradeep Shrivastava (58yo)
Executive Director
- Tenure: 3.3yrs
- Compensation: ₹66.54m
Nanoo Pamnani (74yo)
Independent Non-Executive Director
- Tenure: 11.6yrs
- Compensation: ₹6.25m
Niraj Bajaj (65yo)
Non-Executive Director
- Tenure: 12.9yrs
- Compensation: ₹2.00m
Rakesh Sharma (55yo)
Chief Commercial Officer & Executive Director
- Tenure: 0.8yrs
- Compensation: ₹203.85m
Company Information
Bajaj Auto Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bajaj Auto Limited
- Ticker: BAJAJ-AUTO
- Exchange: NSEI
- Founded: 1945
- Industry: Motorcycle Manufacturers
- Sector: Automobiles
- Market Cap: ₹795.513b
- Shares outstanding: 289.37m
- Website: https://www.bajajauto.com
Number of Employees
Location
- Bajaj Auto Limited
- Bajaj Auto Ltd. Complex
- Mumbai-Pune Road
- Pune
- Maharashtra
- 411035
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532977 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | May 2008 |
| BAJAJ-AUTO | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | May 2008 |
Biography
Bajaj Auto Limited develops, manufactures, and distributes automobiles in India. It operates through Automotive and Investments segments. The company offers motorcycles, three and four wheeler commercial v ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/24 12:55 |
| End of Day Share Price | 2019/08/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.