Bajaj Auto Limited announced record financial results for the fiscal year ended March 31, 2026. The company achieved its highest-ever volumes, surpassing 5 million units, a 10% year-on-year increase. Standalone revenue reached an all-time high of ₹58,732 crores, marking a robust 17% YoY growth due to record vehicle and spares sales, a richer sales mix, and better currency realization. EBITDA saw a new peak at ₹12,019 crores, up 19% YoY, with Profit After Tax (PAT) at ₹9,825 crores, an 18% YoY increase. The EBITDA margin improved to 20.5% (+30 bps YoY). Domestic revenue grew 13% YoY, driven by strong performance in the second half. Exports also scaled new heights in revenue with strong double-digit volume growth and currency tailwinds. The company reported a landmark year for Commercial Vehicles and strong performance from Chetak, with revenues exceeding ₹4,000 crores. Free Cash Flow generation was also at a record high, exceeding ₹8,000 crores, up 30% YoY. The company maintained a robust Balance Sheet with surplus funds exceeding ₹18,000 crores. For the fourth quarter of FY26, revenue from operations reached ₹16,006 crore, a 32% YoY growth. EBITDA stood at ₹3,323 crore, up 36% YoY, with a margin of 20.8%. PAT was at its highest ever at ₹2,746 crore, up 34% YoY, including an exceptional gain of ₹35 crores. Additionally, the Board of Directors recommended a Final Dividend of ₹150 per share and approved a share buyback under the Tender route. These, along with the buyback, amount to approximately ₹9,825 crores, representing 100% of the year's Profit After Tax. The company also provided an update on its subsidiaries. Bajaj Auto Credit Limited (BACL) saw its Assets Under Management (AUM) grow 2X to ₹18,835 crores, with PAT surging over 11X to ₹665 crores. Bajaj Auto International Holdings BV (BAIHBV) completed the acquisition of a controlling interest in Pierer Mobility AG (PMAG), now known as Bajaj Mobility AG (BMAG), resulting in Bajaj Auto effectively holding 74.9% in BMAG/KTM AG.
