Bajaj Auto Limited

NSEI:BAJAJ-AUTO Stock Report

Market Cap: ₹2.8t

Bajaj Auto Dividends and Buybacks

Dividend criteria checks 3/6

Bajaj Auto is a dividend paying company with a current yield of 1.49% that is well covered by earnings. Next payment date is on 24th July, 2026 with an ex-dividend date of 29th May, 2026.

Key information

1.5%

Dividend yield

-0.02%

Buyback Yield

Total Shareholder Yield1.5%
Future Dividend Yield3.4%
Dividend Growth13.7%
Next dividend pay date24 Jul 26
Ex dividend date29 May 26
Dividend per sharen/a
Payout ratio39%

Recent dividend and buyback updates

Recent updates

Narrative Update Jun 07

BAJAJ-AUTO: Buyback And Dividend Actions Will Support Balanced Long Term Outlook

Analysts have raised their price target for Bajaj Auto from ₹10,124.58 to ₹10,795.10, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the reasons for this revision. What's in the News The Board of Directors has scheduled a meeting on May 6, 2026, to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, a dividend recommendation on equity shares, and the formation of a buyback committee with an equity share buyback proposal of up to ₹5,632.8 crore, as per the agenda.
Analysis Article May 14

Bajaj Auto's (NSE:BAJAJ-AUTO) Earnings Are Of Questionable Quality

Unsurprisingly, Bajaj Auto Limited's ( NSE:BAJAJ-AUTO ) stock price was strong on the back of its healthy earnings...
Narrative Update Apr 25

BAJAJ-AUTO: Electric Three Wheeler Launch Will Support Balanced Long Term Outlook

Analysts have nudged their price target on Bajaj Auto slightly higher to ₹10,124.58 from ₹10,066.82. This reflects small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions.
Narrative Update Apr 10

BAJAJ-AUTO: Electric Three Wheeler Expansion Will Support Balanced Long Term Prospects

Analysts have inched their fair value estimate for Bajaj Auto slightly lower to about ₹10,067 from roughly ₹10,107 as small tweaks to the discount rate, revenue growth assumptions and future P/E expectations offset each other. What's in the News Bajaj Auto launched the Bajaj WEGO P9018, described as India's biggest electric three-wheeler with the largest battery and range in the segment, aimed at urban, semi-urban and rural users (Key Developments).
Narrative Update Mar 26

BAJAJ-AUTO: Electric Three Wheeler Expansion Will Support Positive Long Term Outlook

Analysts have trimmed their price target for Bajaj Auto slightly, with fair value moving from about ₹10,183 to roughly ₹10,107 as small adjustments to discount rate, revenue growth, profit margin and future P/E assumptions feed into their models. What's in the News Bajaj Auto launched the Bajaj WEGO P9018, positioned as the largest electric three-wheeler with what is described as India's biggest battery and range, aimed at urban, semi-urban and rural use cases (Key Developments).
Narrative Update Mar 12

BAJAJ-AUTO: Electric Three Wheeler Rollout Will Support Positive Long Term Outlook

Analysts have inched up their price target for Bajaj Auto to ₹10,183 from about ₹10,154, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E. What's in the News Bajaj Auto announced the launch of the Bajaj WEGO P9018, an electric three wheeler positioned as India's biggest in its category, with a 17.7 kWh battery and a certified range of 296 km (Key Developments).
Narrative Update Feb 25

BAJAJ-AUTO: Electric Three Wheeler Launch And Steady Outlook Will Shape Expectations

Analysts have made a modest adjustment to their view on Bajaj Auto, trimming the price target slightly to ₹10,153.85 following small changes to the discount rate, long term revenue growth, profit margin assumptions and future P/E expectations in their models. What's in the News Bajaj Auto announced the launch of the Bajaj WEGO P9018, an electric three wheeler positioned as India's biggest in its category, aimed at customers across urban, semi urban and rural markets (Key Developments).
Narrative Update Feb 11

BAJAJ-AUTO: Electric Rickshaw Expansion And Upcoming Results Will Support Balanced Outlook

Analysts have raised their price target on Bajaj Auto from ₹9,775 to about ₹10,154, citing updated assumptions on fair value, a slightly lower discount rate, modestly adjusted revenue growth, stable profit margins, and a broadly similar future P/E multiple. What's in the News Bajaj Auto has scheduled a board meeting on Jan 30, 2026, to consider the unaudited standalone and consolidated financial results for the quarter and nine months ending Dec 31, 2025 (Key Developments).
Narrative Update Jan 27

BAJAJ-AUTO: Electric Rickshaw Launch And Results Timing Will Support Balanced Outlook

Analysts have nudged their price target for Bajaj Auto slightly higher to ₹9,775 from ₹9,718, reflecting small tweaks to their fair value model as they fine tune assumptions on the discount rate, revenue growth, profit margin and forward P/E. What's in the News Bajaj Auto has scheduled a board meeting on January 30, 2026 to consider the unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025 (company filing).
Narrative Update Jan 09

BAJAJ-AUTO: Electric Three Wheeler Foray And Upcoming Results Will Shape Balanced Outlook

Analysts have nudged their price target for Bajaj Auto higher from ₹9,618 to ₹9,718, citing small adjustments to the discount rate, revenue growth, profit margin and forward P/E assumptions in their models. What's in the News Bajaj Auto has scheduled a board meeting on Nov 7, 2025 to review unaudited standalone and consolidated financial results for the second quarter and half year ended Sep 30, 2025, along with limited review reports and a press release (company filing).
Analysis Article Jan 08

These 4 Measures Indicate That Bajaj Auto (NSE:BAJAJ-AUTO) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 24

Pinning Down Bajaj Auto Limited's (NSE:BAJAJ-AUTO) P/E Is Difficult Right Now

Bajaj Auto Limited's ( NSE:BAJAJ-AUTO ) price-to-earnings (or "P/E") ratio of 30.5x might make it look like a sell...
Narrative Update Dec 20

BAJAJ-AUTO: Electric Three Wheeler Expansion And Upcoming Results Will Shape Measured Outlook

Analysts have nudged their price target for Bajaj Auto slightly higher to Rs 9,618 from Rs 9,606, citing a marginally stronger profit margin outlook and a modestly higher justified valuation multiple, despite broadly unchanged growth and risk assumptions. What's in the News Bajaj Auto has entered the fast growing e-rickshaw segment with the launch of the Bajaj Riki, extending its long standing three wheeler leadership into electric mobility (Key Developments) The first passenger model, Bajaj Riki P4005, offers a segment leading certified range of 149 km, a 5.4 kWh battery, fast charging in 4.5 hours and is priced at INR 1,90,890 ex showroom (Key Developments) The cargo variant, Riki C4005, delivers a certified range of 164 km, a larger tray size for higher earning potential and 28 percent gradeability, and is priced at INR 2,00,876 ex showroom (Key Developments) The board will meet on November 7, 2025 to review unaudited standalone and consolidated results for Q2 and H1 FY2026 and consider the accompanying limited review reports and press release (Key Developments) Valuation Changes Fair Value Estimate has risen slightly to ₹9,618 from ₹9,606, reflecting a marginally higher justified valuation.
Analysis Article Dec 09

We Like Bajaj Auto's (NSE:BAJAJ-AUTO) Returns And Here's How They're Trending

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Narrative Update Dec 06

BAJAJ-AUTO: E Rickshaw Launch And Board Review Will Shape Balanced Outlook

Analysts have nudged their price target on Bajaj Auto slightly higher to approximately ₹9,606 from about ₹9,588, citing incremental adjustments to discount rates, revenue growth assumptions, profit margins, and forward valuation multiples that modestly lift their fair value estimate. What's in the News Bajaj Auto has entered the e rickshaw market with the launch of the Bajaj Riki passenger model (P4005).
Analysis Article Nov 23

If EPS Growth Is Important To You, Bajaj Auto (NSE:BAJAJ-AUTO) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Nov 22

BAJAJ-AUTO: Board Meeting Will Confirm Profit Margin and Discount Rate Adjustments

Analysts have increased their price target for Bajaj Auto from ₹9,386 to ₹9,588. This reflects modestly improved fair value expectations based on updated projections for profit margin and discount rate.
Narrative Update Nov 01

BAJAJ-AUTO: Supply Constraints Will Ease While Margins Remain Steady This Year

Analysts have raised their price target for Bajaj Auto, increasing it from ₹9,291 to ₹9,386. This reflects slightly improved expectations for revenue growth and profit margins in the coming period.
Narrative Update Sep 20

Expansion Into Latin America And Asia Will Drive Electric Mobility

The consensus analyst price target for Bajaj Auto was revised slightly upward to ₹9291, primarily reflecting improved revenue growth expectations and a lower discount rate, which together support a modest increase in fair value. What's in the News Bajaj Auto has resumed production and supplies of its Chetak electric scooter across all dealerships after overcoming global rare earth magnet supply constraints, securing adequate materials ahead of the festive season.
Narrative Update Sep 05

Expansion Into Latin America And Asia Will Drive Electric Mobility

Bajaj Auto’s valuation metrics saw only marginal improvements, with revenue growth and net profit margin forecasts both largely unchanged, resulting in a slight upward revision of the analyst price target from ₹9111 to ₹9131. What's in the News Bajaj Auto has resumed full production and deliveries of its Chetak electric scooter after securing rare earth magnet supplies, overcoming recent global supply chain constraints.
Analysis Article Aug 02

Bajaj Auto Limited's (NSE:BAJAJ-AUTO) Business Is Trailing The Market But Its Shares Aren't

With a median price-to-earnings (or "P/E") ratio of close to 29x in India, you could be forgiven for feeling...
Analysis Article Jun 21

Here's Why Bajaj Auto (NSE:BAJAJ-AUTO) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
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New Narrative Nov 07

Strategic Expansion Into EVs And LatAm Market Set To Drive Dynamic Growth

Strategic focus on emerging segments like EVs and CNG, coupled with expanding manufacturing capacity, aims to boost revenue and market share.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BAJAJ-AUTO's dividend payments have been volatile in the past 10 years.

Growing Dividend: BAJAJ-AUTO's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Bajaj Auto Dividend Yield vs Market
How does BAJAJ-AUTO dividend yield compare to the market?
SegmentDividend Yield
Company (BAJAJ-AUTO)1.5%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Auto)1.2%
Analyst forecast (BAJAJ-AUTO) (up to 3 years)3.4%

Notable Dividend: BAJAJ-AUTO's dividend (1.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.31%).

High Dividend: BAJAJ-AUTO's dividend (1.49%) is low compared to the top 25% of dividend payers in the Indian market (1.51%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39%), BAJAJ-AUTO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (223.7%), BAJAJ-AUTO's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 11:39
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bajaj Auto Limited is covered by 64 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Annamalai Jayaraj360 ONE Capital Market Private Limited
Amey DargudeAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited