Summary

Bajaj Auto Limited reported record-breaking results for Full Year FY26, demonstrating broad-based momentum across all businesses, including ICE/EV, 2W/3W, and Domestic/Exports segments. The company achieved its highest-ever volumes, exceeding 5 million units, and an all-time high revenue of ₹58,732 crores, a robust 17% year-on-year increase. EBITDA surged to a new peak of ₹12,019 crores, up 19% year-on-year, while Profit after Tax registered its biggest annual print at ₹9,825 crores, climbing 21% year-on-year. This strong performance was further underscored by an improved EBITDA margin of 20.5% and record free cash flow generation. The Board also recommended a final dividend of ₹150 per share and approved a share buyback, distributing 100% of the year's PAT to shareholders.

Key Highlights

1. 1

   Bajaj Auto achieved its highest-ever volumes for FY26, surpassing 5 million units with a 10% year-on-year growth across all businesses.

2. 2

   Revenue clocked an all-time high of ₹58,732 crores for FY26, registering a robust 17% year-on-year growth driven by record vehicle and spares sales.

3. 3

   EBITDA reached a new peak of ₹12,019 crores in FY26, increasing by 19% year-on-year, while Profit after Tax saw its biggest annual print at ₹9,825 crores, up 21% year-on-year.

4. 4

   The company's EBITDA margin improved to 20.5% for FY26, an increase of 30 basis points year-on-year, attributed to favorable USD/INR realization, a profitable mix, and operating leverage.

5. 5

   Record Free Cash Flow of over ₹8,000 crores was generated during the year, reflecting a 30% year-on-year increase, contributing to a robust balance sheet with surplus funds exceeding ₹18,000 crores.

6. 6

   KTM-Triumph delivered its best-ever global revenue of over ₹5,000 crores, marking a 40% year-on-year growth and delighting approximately 2.25 lakh riders.

7. 7

   The Board of Directors recommended a Final Dividend of ₹150 per share and approved a share buyback under the Tender route, collectively amounting to approximately ₹9,825 crores, representing 100% of the year's Profit after Tax.