Bajaj Auto Ltd — Q4FY26 Earnings Call Summary

BAJAJ-AUTO · Q4FY26 · Filed 12 May 2026

Key Takeaways

• Commodity inflation expected 3.5-4% revenue impact in Q1FY27; 40% offset by price hikes; currency tailwind INR94-95/USD
• FY26 revenue INR58,000+ Cr (+17%), EBITDA INR12,000+ Cr (20.5% margin), PAT INR9,825 Cr (+21%) with record volumes of 5 mn units
• Electric 2W and 3W business EBITDA margin reached double digits; Chetak capacity at 50k/month
• KTM consolidated from Nov 2025; turnaround plan underway; BACL lending book doubled with PAT INR665 Cr
• Near-term motorcycle growth expected 7-9%, led by 125cc+ and 150cc+ segments; EV 3W and 2W growth accelerating
• Exports strong with 25% volume growth in Q4; Nigeria stabilizing, Latam and Asia outperforming
• Supply chain and LPG shortages caused 10-15% demand servicing impact in April; logistics managed well despite container challenges
• Q4FY26 revenue crossed INR16,000 Cr (+32% y-y), EBITDA INR3,323 Cr (20.8% margin), PAT INR2,746 Cr (+34% y-y)
• Domestic 150cc+ motorcycle segment growing faster; Pulsar NS range growing twice industry rate
• Board approved final dividend INR150/share and buyback INR5,633 Cr at INR12,000/share, payout in July

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.