Bearish signal on daily chart
In Q3, healthy exports and better sales in premium segment saved the day for margins. First two months of Q4, exports are steady.
In Q3, healthy exports and better sales in premium segment saved the day for margins. First two months of Q4, exports are steady.
Three wheeler sales are indicator revival in lending activity to unorganised and sub-prime sector. Though still down on YoY basis, three-wheeler sales improved on MoM basis to 15,877 unit in February, from 13,353 in January 2021. Further indication that economy recovery is getting widespread.
The company is well-hedged from any slowdown in one particular segment, because of its sales in two-wheelers in the domestic rural and urban areas, sales of three-wheelers and exports.
In all, 54 per cent of the domestic two-wheeler sales and 51 per cent of domestic three-wheeler sales of the company are financed by the group company, Bajaj finance. It cushions Bajaj Auto from any liquidity squeeze in financial system, like the one witnessed in late 2018.
PE Ratio
This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.
EPS - TTM
Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.
MCap
MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.
Sectoral MCap Rank
This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.
PB Ratio
Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.
Dividend Yield
Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.
Face Value
Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.
Beta
1 Month | 1.19 |
3 Months | 1.17 |
6 Months | 0.70 |
1 Year | 0.87 |
3 Years | 0.88 |
VWAP
Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.
52W H/L
This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
AnnouncementsCompliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
AnnouncementsTopline Contraction
Sales de-grew by 0.82%. Company witnessed revenue contraction for the first time in last 3 years. (Source: Consolidated Financials)Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 4.65% towards employee cost in the year ending Mar 31, 2020. (Source: Consolidated Financials)Quarterly | Annual | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 | Dec 2019 |
---|---|---|---|---|---|
Total Income | 9,279.06 | 7,441.66 | 3,417.12 | 7,243.31 | 8,005.88 |
Total Income Growth (%) | 24.69 | 117.78 | -52.82 | -9.53 | -1.17 |
Total Expenses | 7,246.24 | 5,954.46 | 2,734.61 | 5,626.54 | 6,334.23 |
Total Expenses Growth (%) | 21.69 | 117.74 | -51.40 | -11.17 | -2.40 |
EBIT | 2,032.82 | 1,487.20 | 682.51 | 1,616.77 | 1,671.65 |
EBIT Growth (%) | 36.69 | 117.90 | -57.79 | -3.28 | 3.77 |
Profit after Tax (PAT) | 1,716.26 | 1,193.97 | 395.51 | 1,353.99 | 1,322.44 |
PAT Growth (%) | 43.74 | 201.88 | -70.79 | 2.39 | -13.19 |
EBIT Margin (%) | 21.91 | 19.98 | 19.97 | 22.32 | 20.88 |
Net Profit Margin (%) | 18.50 | 16.04 | 11.57 | 18.69 | 16.52 |
Basic EPS (₹) | 59.30 | 41.30 | 13.70 | 46.80 | 45.70 |
All figures in Rs Cr, unless mentioned otherwise
Zero Debt Burden
Company has no debt since last 5 years. (Source: Consolidated Financials)Annual | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
---|---|---|---|---|---|
Total Assets | 26,510.02 | 28,834.41 | 25,141.00 | 21,637.62 | 17,240.37 |
Total Assets Growth (%) | -8.06 | 14.69 | 16.19 | 25.51 | 7.98 |
Total Liabilities | 4,847.93 | 5,600.59 | 4,715.74 | 3,781.02 | 3,220.02 |
Total Liabilities Growth (%) | -13.44 | 18.76 | 24.72 | 17.42 | -33.88 |
Total Equity | 21,662.09 | 23,233.82 | 20,425.26 | 17,856.60 | 14,020.35 |
Total Equity Growth (%) | -6.76 | 13.75 | 14.38 | 27.36 | 26.36 |
Current Ratio (x) | 1.56 | 1.45 | 2.25 | 2.95 | 1.70 |
Total Debt to Equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Contingent Liabilities | - | - | - | - | 1,980.12 |
All figures in Rs Cr, unless mentioned otherwise
Cash from Operations vs PAT
Operating cash flow of Rs 3850.44 cr is 0.74 times compared to the reported net profit of Rs 5211.91 cr. (Source: Consolidated Financials)Annual | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
---|---|---|---|---|---|
Net Cash flow from Operating Activities | 3,850.44 | 2,486.86 | 4,327.84 | 3,267.36 | 3,689.85 |
Net Cash used in Investing Activities | 1,556.09 | -338.44 | -2,053.09 | -3,683.16 | -113.07 |
Net Cash flow from Financing Activities | -6,246.51 | -2,074.05 | -1,885.26 | -190.09 | -3,384.08 |
Net Cash Flow | -630.24 | 140.04 | 488.10 | -532.41 | 238.25 |
Closing Cash & Cash Equivalent | 285.40 | 915.64 | 775.60 | 287.50 | 819.91 |
Closing Cash & Cash Equivalent Growth (%) | -68.83 | 18.06 | 169.77 | -64.94 | 40.96 |
Total Debt/ CFO (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
All figures in Rs Cr, unless mentioned otherwise
Annual | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
---|---|---|---|---|---|
Return on Equity (%) | 24.06 | 21.20 | 20.65 | 22.84 | 28.96 |
Return on Capital Employed (%) | 28.63 | 26.16 | 27.00 | 28.95 | 37.75 |
Return on Assets (%) | 19.66 | 17.08 | 16.78 | 18.85 | 23.55 |
Interest Coverage Ratio (x) | 2,017.02 | 1,399.18 | 4,335.20 | 3,810.24 | 5,198.57 |
Asset Turnover Ratio (x) | 112.85 | 105.28 | 100.30 | 100.59 | 131.00 |
Price to Earnings (x) | 11.25 | 17.12 | 18.87 | 19.92 | 17.15 |
Price to Book (x) | 2.70 | 3.63 | 3.89 | 4.55 | 4.97 |
EV/EBITDA (x) | 8.80 | 12.77 | 13.14 | 14.35 | 11.93 |
EBITDA Margin (%) | 22.12 | 21.52 | 23.76 | 25.91 | 25.52 |
MANAGEMENT DISCUSSION AND ANALYSIS (FY 2019-20)
Pre- covid blue of automotive sector
Even before the onset of COVID-19 in India, two things had become obvious. The first was that throughout FY2020, the country’s economic growth was slowing down. And the second was that the automotive sector was facing declining demand across the board.
Reasons for slow down
It was not just the relative lack of demand. The motorcycle industry was subjected to several regulations which significantly increased the cost of ownership. Notable among these were: (i) compulsory five-year third party insurance which was introduced in October 2018, (ii) more rigorous braking norms from April 2019, and (iii) the implementation of the more stringent emission norms under BS-VI from April 2020.
Export growth and regions of concern
A strong presence in the ASEAN region, aided by market share improvement in the Philippines. Stable volumes in Latin America, where a drop in our volumes in Argentina owing to economic turmoil was compensated by growth in Mexico and Central America. It needs to be stated, however, that our export business in South Asia faced head winds — with regulatory issues in Bangladesh, and with Sri Lanka having another year of declining appetite.
Bullish / Bearish signals for Bajaj Auto Ltd. basis selected technical indicators and moving average crossovers.
50 Day EMA Crossover
Bearish signal on daily chart
Appeared on: 26 Feb 2021
50D EMA: 3817.07
Date | 30 days Gain/Loss % |
---|---|
26 Oct 2020 | -2.51% |
29 Sep 2020 | -0.95% |
24 Sep 2020 | -0.20% |
15 Sep 2020 | 0.00% |
Average price decline of -2.77% within 30 days of Bearish signal in last 5 years
R1 | R2 | R3 | PIVOT | S1 | S2 | S3 | |
---|---|---|---|---|---|---|---|
Classic | 3845.70 | 3877.35 | 3939.35 | 3815.35 | 3783.70 | 3753.35 | 3691.35 |
5 DAYS | 14 DAYS | 28 DAYS | |
---|---|---|---|
ATR | 101.57 | 106.47 | 102.98 |
Stock Returns vs Nifty 100
Stock gave a 3 year return of 25.75% as compared to Nifty 100 which gave a return of 35.04%. (as of last trading session)Stock Returns vs Nifty Auto
Stock generated 25.75% return as compared to Nifty Auto which gave investors -8.85% return over 3 year time period. (as of last trading session)Choose from Peers
Choose from Stocks
Stock Returns vs Nifty 100
Stock gave a 3 year return of 25.75% as compared to Nifty 100 which gave a return of 35.04%. (as of last trading session)Stock Returns vs Nifty Auto
Stock generated 25.75% return as compared to Nifty Auto which gave investors -8.85% return over 3 year time period. (as of last trading session)784.58
Amount Invested (in Cr.)
0.89%
% of AUM
1.40
% Change (MoM basis)
404.22
Amount Invested (in Cr.)
1.03%
% of AUM
3.37
% Change (MoM basis)
358.83
Amount Invested (in Cr.)
1.44%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 31 January 2021
Price
3,837.7515.90 (0.42%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
3,823.10 | 3,881.05 | 3,776.60 | 3,821.85 | 3,908 | 37,421.15 |
Meeting Date | Announced on | Purpose | Details |
---|---|---|---|
Jan 21, 2021 | Dec 18, 2020 | Board Meeting | Quarterly Results |
Oct 22, 2020 | Sep 23, 2020 | Board Meeting | Quarterly Results |
Jul 22, 2020 | Jun 22, 2020 | Board Meeting | Quarterly Results |
Jul 22, 2020 | May 20, 2020 | AGM | - |
May 20, 2020 | May 05, 2020 | Board Meeting | Audited Results |
Type | Dividend | Dividend per Share | Ex-Dividend Date | Announced on |
---|---|---|---|---|
Interim | 1200% | 120.0 | Mar 03, 2020 | Feb 24, 2020 |
Final | 600% | 60.0 | Jul 11, 2019 | May 17, 2019 |
Final | 600% | 60.0 | Jul 05, 2018 | May 18, 2018 |
Final | 550% | 55.0 | Jul 06, 2017 | May 18, 2017 |
Final | 50% | 5.0 | Jul 14, 2016 | May 25, 2016 |
All Types | Ex-Date | Record Date | Announced on | Details |
---|---|---|---|---|
Bonus | Sep 08, 2010 | Sep 10, 2010 | Jul 22, 2010 | Bonus Ratio: 1 share(s) for every 1 shares held |
Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 110,366.03 Crore) operating in Auto sector. Bajaj Auto Ltd. key Products/Revenue Segments include Automobile - 2 & 3 Wheelers, Export Incentives, Other Operating Revenue, Scrap for the year ending 31-Mar-2020. Show More
Abhinav Bindra
DirectorAbraham Joseph
Chief Technology OfficerAnami Roy
DirectorD J Balaji Rao
DirectorIndustry
Key Indices Listed on
Nifty 50, S&P BSE Sensex, Nifty 100, + 36 more
Address
Mumbai-Pune Road,Akurdi,Mumbai, Maharashtra - 411035
Bajaj Auto Ltd. share price moved up by 0.40% from its previous close of Rs 3,798.70. Bajaj Auto Ltd. stock last traded price is 3,814.05
Share Price | Value |
---|---|
Today/Current/Last | 3,814.05 |
Previous Day | 3,798.70 |
DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).
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