Asia300

Bajaj Auto Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
May 26, 2017
Prev close: 2,816.3
May 26, 2017
Market cap:
Market cap(USD):
814,944.31M
12,648.52M
Shares: 289.36M

Currency in INR

Company profile

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

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 2017

  • Local currency
  • US Dollar
Revenue 217,666.8M
Gross profit 58,601.2M
Operating income 41,121M
Income before tax 53,329.3M
Net income 40,794.9M
EBITDA 44,193.9M
Diluted EPS 141
Dividends per share --
Total assets 216,376.2M
Total liabilities 37,317.6M
Total equity 178,565.7M
Operating cash flow --

Currency in INR

Revenue 3,245.99M
Gross profit 873.90M
Operating income 613.22M
Income before tax 795.28M
Net income 608.36M
EBITDA 659.04M
Diluted EPS 2.10
Dividends per share --
Total assets 3,332.19M
Total liabilities 574.69M
Total equity 2,749.91M
Operating cash flow --

Currency in USD

Valuation measures

Mar 2017

PER 19.91
ROA 21.36%
ROE 26.40%
Operating margin 18.89%
Profit margin 18.74%

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%)
  • Lazard Asset Management LLC(1.2%)
  • Bachhraj & Co. Pvt Ltd.(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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