Bajaj Auto Share Price Target 2024-2030 Fundamentals & Quarterly Results

Bajaj Auto Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – Bajaj Auto Ltd is a motorcycle, scooter and auto rickshaw manufacturer that operates in India and around the world. The company sells its products in over 70 countries while boasting of more than 10 global brands. Besides being the second largest motorcycle maker in India and third largest worldwide, Bajaj Auto went on to become the most valuable manufacturer of two-wheelers globally as well as the largest producer of three-wheelers in the world.

Bajaj Auto Overview

Bajaj Auto, the flagship company of Bajaj Group, produces two-wheeler and three-wheeler vehicles that are exported to 79 countries across several Latin American countries, Southeast Asia and other regions. Pune, India, is where its headquarters are based. It has obtained 48% ownership in KTM brand that makes sports and super sports bikes whose share was 14% when it first acquired the company back in 2007 for Bajaj.

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Bajaj Business Profile

Bajaj Auto Ltd is an automotive manufacturing company mainly operating in developing, making and distributing two-wheeler and three-wheeler vehicles. Also available are spare parts and accessories within the company’s products. Some of these include Avenger, Pulsar, Discover, Platina, CT, KTM, Triumph, RE, Maxima and the Chetak. Products by this firm serve all categories of customers from entry level motorcycles to super sports bikes across various sectors.The modifiable global distribution network reaches Africa, Asia Pacific South Asia Latin America Middle East and Europe where it sells its two-three wheelers internationally.

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Two wheeler Segment

Motorcycles–  In contrast to FY23, where it held 17.3% of the Indian motorcycle sales market in FY24, the firm has captured a share of 18.2%.

• 100cc to 110cc Segment: Includes Bajaj CT and Platina brands.
• 125cc and Above Segment: Features brands like Pulsar, Dominar, KTM, Husqvarna, and Avenger.
• Probiking Segment: Consists of KTM and Husqvarna.
• Triumph:In 2017, a worldwide agreement was made with Triumph Motorcycles. By 2023, they had collaborated on two mid-sized Triumph bikes, Speed 400 and Scrambler 400. Moreover, the firm has taken control of Triumph’s distribution network in India that grew from 15 to over 78 showrooms in 56 cities and 16 nations.
• Urbanit:The Company had sold a whopping 115700+ units in FY24 as compared to only selling 8000+ units during FY22 after being introduced in 2020. On November 23, it introduced a second model named Chetak Urbane that was subsequently upgraded to Chetak Premium on December 23. Through this addition of two models, it sprung into life to become the most famous name in the world today.

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Three-Wheelers Segment

In three-wheelers, the company currently has around 78% market share, while its stake in the 3W passenger carrier sector is 75.5% and a little less than half when it comes to 3W cargo segment: nearly 46.5%. It introduced its first quadricycle called Qute during FY19.

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Exports

This firm distributes its products in 80 destinations around the globe such as Mexico, Peru, Ethiopia, Turkey, Saudi Arabia and some others like Bangladesh or Myanmar as well as Afghanistan among many others. In FY24 it exported 1.64 million units compared to 1.82 million for FY23. Hence, due majorly to vague economic situation in concerning nations the export figures remained unremarkably low.

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Manufacturing Capacity

The firm has five production sites, out of which two are located in Chakan and one each in Waluj, Akurdi and Pantnagar, with a total installed capacity of 7.1 million units annually.

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The firm has established a revolutionary factory in Brazil with a beginning productivity of 20,000 pieces each month starting June 24 in FY24. However, during FY25-FY26, it will be required to use approximately Rs. 600 cr and Rs. 700 cr respectively primarily meant for maintenance purposes.

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Bajaj Auto Fundamentals & Quarterly Results

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Bajaj Auto Quarterly Results

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CAGR Reports

Compounded Sales Growth

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Compounded Profit Growth

Stock Price CAGR (Compound Annual Growth Rate)

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Return on Equity (ROE)

Bajaj Auto Shareholding Pattern

Bajaj Auto Share Price Target 2024-2030 Forecast

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