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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Bajaj Auto Limited is an India-based company, which is engaged in the business of the development, manufacturing, and distribution of automobiles, such as motorcycles, commercial vehicles, electric vehicles, and parts. It is a manufacturer of two-wheelers, three-wheelers, and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, reasonably priced.
Bajaj Auto is scored on the general / industrial framework. It keeps a healthy 16.3% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.25×) — worth a closer look. Free cash flow is worth about -1.5% of its market value.
Over the last 3 years revenue compounded at 20%/yr and profit at 20%/yr. Book value has grown 11%/yr. Return on equity is an elite 35.7%. In the latest quarter profit grew 6% versus the prior quarter.
At 28× earnings, the stock sits at the 31st percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~11%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 23.38 | — | — |
| P/B | 8.19 | — | — |
| EV/EBITDA | 16.17 | — | — |
| ROE | 35.71 | — | — |
| ROCE | 29.34 | — | — |
| ROA | 15.71 | — | — |
| Quick Ratio | 1.44 | 2.33 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Maruti Suzuki | 29.8 | 3.7 | 12.3% |
| Mahindra & Mahindra | 19.1 | 4.2 | 19.8% |
| Eicher Motors | 36.5 | 8.4 | 22.0% |
Revenue has grown every year across all 4 financial years shown. 20% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
The latest year saw a +44% swing — check if it's a one-off or structural.
Operating margins have been stable around 21% — no major structural shift.
ROE at 26% — the business earns well above its cost of equity. Capital efficiency improving — ROE up 6pp across the window.
22% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 0.2× PAT — reported profit isn't translating into cash, raising earnings quality questions. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 15% sequentially — momentum is building. Wide quarterly swings (35% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 37% above earlier ones.
Quarterly margins are compressing (17% → 13%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 56.0% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.