Asia300

Bajaj Auto Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 24, 2017
Prev close: 2,846.35
Mar 24, 2017
Market cap:
Market cap(USD):
823,639.81M
12,591.71M
Shares: 289.36M

Currency in INR

Company profile

Market(Ticker): BOM(532977)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 9,347

Business summary

Bajaj Auto Ltd. manufactures and markets two-wheeler and three-wheeler vehicles. It offers motorcycles, scooters, commercial vehicles and related spare parts. It operates through the following segments: Automotive, Investments and Others. The company was founded in November 29, 1945 and is headquartered in Pune, India.

Company background

Bajaj Auto is a core unit of the conglomerate Bajaj. It is jockeying for the second or third slot among motorcycle makers in India and dominates the market for three-wheel vehicles. It exports large numbers of motorcycles and three-wheel vehicles to countries in South Asia and Southeast Asia. Three-wheelers in general are called bajai in Indonesia.

The company was founded by late Jamnalal Bajaj. He was closely associated with Mohandas Gandhi and is well known for his support for Gandhi's nonviolent movement to win independence for India. Bajaj is in the financial services and manufacturing businesses. Bajaj Auto started out as a joint venture with Italian vehicles maker Piaggio in 1945 -- that partnership has been dissolved. Since its formation, the company has been a major force in India's vehicles market.

A majority stake in the company is owned by the founding family and its group companies. Its leading shareholder is the holding company of the group, Bajaj Holdings and Investment.

Bajaj Auto's chairman is Rahul Bajaj, a grandson of the founder. Rahul's eldest son, Rajiv, has served as managing director from 2005. Under the leadership of Rajiv, the company is working on new product development, concentrating resources on sporty motorcycles and four-wheel commercial vehicles developed on three-wheeler's technology.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 227,850.2M
Gross profit 60,739.3M
Operating income 47,341.6M
Income before tax 52,953.1M
Net income 37,839.8M
EBITDA 49,960.3M
Diluted EPS 130.8
Dividends per share 55
Total assets 165,539.5M
Total liabilities 35,084.9M
Total equity 130,454.2M
Operating cash flow 37,377.9M

Currency in INR

Revenue 3,480.17M
Gross profit 927.73M
Operating income 723.09M
Income before tax 808.80M
Net income 577.96M
EBITDA 763.09M
Diluted EPS 1.99
Dividends per share 0.84
Total assets 2,499.74M
Total liabilities 529.80M
Total equity 1,969.93M
Operating cash flow 570.90M

Currency in USD

Valuation measures

Mar 2016

PER 18.39
ROA 23.17%
ROE 31.34%
Operating margin 20.77%
Profit margin 16.60%

Key executive

  • Managing Director & Executive Director: Rajivnayan R. Bajaj
  • Chief Operating Officer & Executive Director: Pradeep Shrivastava
  • CFO & President-Finance Division: Kevin P. D'Sa
  • Chief Technology Officer: Abraham Joseph
  • Co-Secretary, Compliance Officer & IR Contact: J. Sridhar

Share holders

  • Bajaj Holdings & Investment Ltd.(31.4%)
  • BAJAJ NIRAJKUMAR RAMKRISHNAJI(10.2%)
  • Life Insurance Corp. of India(5.2%)
  • Jaya Hind Investments Pvt Ltd.(3.5%)
  • Maharashtra Scooters Ltd.(2.3%)
  • BAJAJ SHISHIR KAMALNAYAN(1.5%)
  • Norges Bank Investment Management(1.4%)
  • Bachhraj & Co. Pvt Ltd.(1.2%)
  • Lazard Asset Management LLC(1.2%)
  • JF Asset Management Ltd.(1.0%)

Address

  • Website: http://www.bajajauto.com
  • Address: Bajaj Auto Ltd. Complex, Mumbai-Pune Road, Pune, 411035, India
  • Phone: +91.20.66106063

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