- Bajaj Auto reported a net income of 21.1 billion rupees for Q3, which is a 3.4% increase year-over-year (y/y), but fell short of the 21.67 billion rupees estimate.
- Revenue increased by 5.8% y/y to 128.1 billion rupees, missing the projected 130.81 billion rupees.
- Revenue from contracts with customers was 123.2 billion rupees, up 4.1% y/y, but lower than the expected 131.11 billion rupees.
- Other operating revenue significantly rose by 75% y/y to 4.90 billion rupees, surpassing the estimate of 3.85 billion rupees.
- Total costs grew by 5.7% y/y, reaching 103.4 billion rupees.
- Raw material costs saw a 4.9% y/y rise, amounting to 82.8 billion rupees.
- Finance costs increased by 18% y/y to 143.1 million rupees, lower than the anticipated 172.3 million rupees.
- Total tax expenses were 6.93 billion rupees, marking a 9.3% y/y increase but below the 7.2 billion rupees estimate.
- Other income decreased by 3.3% y/y to 3.35 billion rupees.
- EBITDA stood at 25.8 billion rupees, showing a 6.2% y/y growth, but under the 26.42 billion rupees expected.
- The EBITDA margin was slightly higher at 20.2% compared to 20.1% in the previous year.
- The company emphasized focusing on cash conversion and generated 30 billion rupees in free cash flow during the first nine months of FY25.
- Analyst ratings include 22 buys, 11 holds, and 12 sells.
Bajaj Auto Ltd on Smartkarma
Analyst coverage of Bajaj Auto Ltd on Smartkarma is featured in the research report “Namaste India 🙏 | Earnings Editions Are Back” by Pranav Bhavsar. The report, focusing on key earnings and conference calls, highlights Bajaj Auto as one of the top large-cap bullish ideas alongside HDFC Asset Management and Pvr Inox. Pranav Bhavsar expresses a positive sentiment or lean towards Bajaj Auto, indicating a bullish outlook for the company.
Pranav Bhavsar‘s analysis on Smartkarma points out specific companies that are viewed bearishly, such as D.B. Corp, IndiaMart, and Gopal Snacks. By emphasizing key earnings and noteworthy aspects from conference calls, the research aims to provide valuable insights into companies like Bajaj Auto Ltd, situated within the broader investment landscape of large-cap bullish ideas.
A look at Bajaj Auto Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Bajaj Auto Ltd, a leading manufacturer of motorized two-wheelers and three-wheelers, shows a positive long-term outlook based on its Smartkarma Smart Scores. With strong scores in Dividend (4) and Resilience (4), the company demonstrates stability and a commitment to rewarding shareholders. This suggests a solid financial position and a focus on consistent returns, making it an attractive option for investors seeking income generation.
While Bajaj Auto Ltd scores moderately in Growth (3), Value (2), and Momentum (2), indicating room for improvement in these areas, its overall outlook remains promising. The company’s ability to weather challenges and provide steady dividends enhances its appeal for those looking for a reliable investment choice in the automotive sector.
### Bajaj Auto Limited manufactures and distributes motorized two-wheeled and three-wheeled scooters, motorcycles and mopeds. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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