Bajaj Auto - Robust Q2, Multiple Growth Levers Ahead
Bajaj reported a good set of results. Revenue stood in line, while EBITDA and PAT registered a slight beat against our estimate. Revenue at Rs...
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Annual Report Analysis - Bajaj Auto - 28th Aug 2023
Despite lower sales volumes, revenue grew YoY due to higher ASPs during the year, which was led by price increases, higher share of 3W, and higher...
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Bajaj Auto - Results Miss Estimates
Revenue for the quarter stood at Rs 10,310 Cr (2% miss) up 29% YoY, led by a 10% YoY increase in overall sales volumes; higher ASP, up 17.5% YoY
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Bajaj Auto - Robust Q4, Higher ASP Drives Beat, Maintain BUY
Bajaj posted an impressive set of numbers beating ours and the street’s estimates on all fronts. Revenue (6% beat) grew by 12% YoY, (down 4% QoQ)
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Bajaj Auto - Creditable Performance Amidst Tough Exports Market
Competitive position in the 125cc+ Motorcycles: Improved ASP despite lower sales amidst weak exports; Demonstrated ability to maintain higher margins;
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