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Bajaj Auto Ltd

Q4 FY26Automobiles

Bajaj Auto Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹11,400
Market cap₹3.1L Cr
P/E26.6
Updated23 Sept 2026
Read4 min read

The short version

Industry growth expected at 7% to 9% based on April outcomes, with Bajaj operating segments growing at 1.5x to 2x this rate. - Focus on 150cc+ motorcycle segment, growing twice as fast as the industry. Industry growth for motorcycles expected at 7%-9% in near term, with Bajaj Auto's 150cc+ segment growing 1.5x to 2x that rate.

From Bajaj Auto Ltd's Q4 FY26 earnings-call transcript · updated 23 Sept 2026.

Revenue & Sales Performance

  • Industry growth expected at 7% to 9% based on April outcomes, with Bajaj operating segments growing at 1.5x to 2x this rate.
  • Focus on 150cc+ motorcycle segment, growing twice as fast as the industry.
  • Continued strong growth in electric vehicles (EVs) for both 2-wheelers and 3-wheelers, potentially accelerating.
  • 3-wheeler segment growth driven by increasing mobility needs in smaller towns and shared transportation models; capacity expansion underway.
  • Exports expected to remain strong, targeting beyond 220,000 units per month driven by Latam, Asia, and Mexico markets, leveraging retail presence and new launches.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Bajaj Auto Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Capex for FY 2026 was approximately INR 500 crores, split equally between Internal Combustion Engine (ICE) and Electric Vehicle (EV) investments. (Page 12)
  • Plans to enhance manufacturing capacity in the 150cc+ segment: current usable capacity is around 50,000-60,000 units; aiming to reach this in next 12 months and considering further capacity expansion in FY 2027-28. (Page 19)
  • Investments of over INR 2,300 crores between Bajaj Auto Credit Limited (BACL) and Bajaj Auto Holdings BV (BAIH BV), the latter related to the KTM acquisition. (Page 12)

2 more points management made on capital expenditure plans

Top-ranked in Automobiles

Ranked on what management guided this quarter

5x potential
1Ather Energy
Rev 1Mar 3
2Zelio E-Mobility
Rev 1Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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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 Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript from the provided pages of Bajaj Auto Limited's May 06, 2026 call does not explicitly mention the current or expected order book or pending orders details. However, relevant operational insights include: - April performance was impaired by 10% to 15% due to vendor system challenges related to manpower migration and fuel availability issues, affecting vehicle availability and thereby demand servicing. - There is significant spillover demand from unserviced orders in March and April, indicating a potential backlog. - Export logistics are well managed despite global disruptions; no loss in export sales due to container availability.

2 more points management made on order book & pipeline

Bajaj Auto Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

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.

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What Bajaj Auto Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Bajaj Auto Ltd Q4 FY26 results?

Industry growth expected at 7% to 9% based on April outcomes, with Bajaj operating segments growing at 1.5x to 2x this rate. - Focus on 150cc+ motorcycle segment, growing twice as fast as the industry. Industry growth for motorcycles expected at 7%-9% in near term, with Bajaj Auto's 150cc+ segment growing 1.5x to 2x that rate.

What is Bajaj Auto Ltd share price analysis?

Bajaj Auto Ltd currently shows a neutral. The stock trades at a P/E of 26.6 with a market cap of ₹313,661 Cr. Investors should review the full earnings analysis for detailed insights.

Is Bajaj Auto Ltd planning capital expenditure?

Capex for FY 2026 was approximately INR 500 crores, split equally between Internal Combustion Engine (ICE) and Electric Vehicle (EV) investments.

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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.