Bajaj Auto
Bajaj Auto Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Domestic Motorcycle Industry Growth: Expected to sustain 12-15% growth in the near term, with 125cc+ segment growing faster, particularly 150cc+. Bajaj Auto expects sustained growth momentum in exports with a target of 200,000+ units monthly in Q4 and continued double-digit growth in key markets.
From Bajaj Auto's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Domestic Motorcycle Industry Growth: Expected to sustain 12-15% growth in the near term, with 125cc+ segment growing faster, particularly 150cc+.
- Bajaj’s Domestic Volume Growth: Aim to move from low single digits to double-digit growth, driven by product refreshes, especially in the Pulsar 150cc+ portfolio with multiple new launches underway.
- Export Business: Targeting 200,000+ units monthly run rate in Q4, close to previous peak; export revenues grew ~20% YoY recently; expected to continue broad-based growth across 108 countries.
- Electric Vehicle Sales: Rapid scale-up with ~40% quarter-on-quarter growth; Electric 3-wheelers significantly contribute with higher ASPs.
- Spares Business: Growth at 18% YoY, positive outlook continues.
2 more points from Bajaj Auto's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what Bajaj Auto said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Bajaj Auto is prioritizing significant product development, including a new 125cc bike launch planned for the current year to strengthen presence in the 125cc segment.
- There are plans to expand the Dominar brand portfolio internationally and possibly introduce new or dormant brands, indicating strategic investment in brand and product portfolio expansion.
- Ongoing investments are focused on scaling the electric vehicle (EV) portfolio, including electric 2-wheelers and 3-wheelers, with efforts toward profitability and introducing swappable battery options.
- Bajaj Mobility (including KTM AG) is undergoing a turnaround plan involving organizational restructuring, cost reduction, and synergies to enhance long-term competitiveness.
2 more points from Bajaj Auto's call on capex
Pro opens every point from 15K+ earnings calls
Top-ranked in Automobiles
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Bajaj Auto said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
2 more points from Bajaj Auto's call on order book
Pro opens every point from 15K+ earnings calls
Bajaj Auto — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹17.8K Cr, net profit ₹3.5K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Bajaj Auto's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q4 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
Others in Automobiles this season
- Force Motors (Q3 FY26)
Q3 FY26 Sales: ₹2,110 Cr. Key investor presentation takeaways from Force Motors Ltd's Q3 FY26 investor presentation — and how it ranks against sector peers.
- Hyundai Motor I (Q3 FY26)
Domestic SUV segment growing fast; overall SUV contribution increased from 54% to 56.2% of market share recently (Page 11). Key concall takeaways from Hyundai…
- M & M (Q3 FY26)
Commodity inflation is a risk but managed via hedging and potential selective price increases (~1% taken already). Key concall takeaways from Mahindra &…
- TVS Motor Co. (Q3 FY26)
EBITDA margin improved by 120 bps YoY to 13.1% in Q3 FY'26, with a normalized improvement of 70 bps YoY, indicating an improving earnings trajectory. Key…
Arthneeti Pro · Annual
Bajaj Auto and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Bajaj Auto Q3 FY26 results?
Domestic Motorcycle Industry Growth: Expected to sustain 12-15% growth in the near term, with 125cc+ segment growing faster, particularly 150cc+. Bajaj Auto expects sustained growth momentum in exports with a target of 200,000+ units monthly in Q4 and continued double-digit growth in key markets.
What is Bajaj Auto share price analysis?
Bajaj Auto currently shows a neutral. The stock trades at a P/E of 27.3 with a market cap of ₹321,520 Cr. Investors should review the full earnings analysis for detailed insights.
Is Bajaj Auto planning capital expenditure?
Bajaj Auto is prioritizing significant product development, including a new 125cc bike launch planned for the current year to strengthen presence in the 125cc segment.
Keep Bajaj Auto on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.