BAJAJ AUTO SHARE PRICE TARGET 2024, 2025, 2026 TO 2030

Bajaj Auto Limited is a leading Indian multinational automotive manufacturer based in Pune, known for producing motorcycles, scooters, and auto rickshaws. It is a key part of the Bajaj Group and stands as the world’s largest manufacturer of three-wheelers and India’s top motorcycle exporter, with its products reaching over 70 countries.

The company distinguishes itself by being the first two-wheeler and three-wheeler company globally to achieve a market capitalization of INR 2,78,112 Cr., maintaining its status as the world’s most valuable two and three-wheeler company.

How to purchase Bajaj Auto shares?

Below are the trading platforms that you can use to purchase Bajaj Auto shares:

Zerodha, Upstox, Groww, AngelOne, ICICIDirect, Paytm Money (recommended).

Recent News about Bajaj Auto

Tesla, under the leadership of CEO Elon Musk, has unveiled its ambitious plans to establish a Gigafactory in India, a move aimed at accelerating the country’s transition towards sustainable mobility. The announcement, made during a virtual event, signals Tesla’s commitment to expanding its global manufacturing footprint and capitalizing on India’s growing electric vehicle (EV) market. Set to be located in Karnataka, the Gigafactory is poised to create numerous job opportunities, drive economic growth, and foster innovation in the EV sector. As India increasingly prioritizes clean energy solutions and government initiatives promote EV adoption, Tesla’s entry into the Indian market is expected to spur competition, catalyze industry growth, and contribute to the country’s efforts towards a greener transportation ecosystem.

Bajaj Auto Q4 profit at Rs 2,011 crore, beats estimates

  • Bajaj Auto Ltd reported a consolidated net profit of Rs 2,011.43 crore for Q4 FY2023-24, marking an 18 percent increase from the same period last year.
  • Revenue for the January-March quarter surged to Rs 11,249.8 crore, up by 30 percent compared to the corresponding period last year.
  • Analysts’ estimates were surpassed, with the company outperforming both in profitability and revenue generation.
  • Total income for Q4 rose by 29.6 percent to Rs 11,914.94 crore, highlighting the strong performance during this period.
  • The company’s board approved a dividend of Rs 80 per share (800 percent) for the financial year ended March 31, 2024, demonstrating its commitment to rewarding shareholders.
  • Bajaj Auto achieved significant successes across various segments, including domestic motorcycles, commercial vehicles sales, and electric three-wheelers.
  • Annual net profit for the entire fiscal year reached Rs 7,708.24 crore, reflecting a substantial 27 percent increase compared to the previous fiscal year.
  • The company attributed its resilient performance to a robust domestic market and achieved its highest-ever earnings before interest, taxes, depreciation, and amortization (EBITDA) at Rs 8,825 crore.
  • Operating margins improved to 19.7 percent, driven by dynamic profit and loss management, a richer product mix, and enhanced operating leverage.
  • Bajaj Auto’s strong financial performance underscores its market leadership, strategic initiatives, and resilience in navigating challenging market conditions.

Bajaj Auto Share Price Target 2024 To 2030

As of 16th June 2024, Bajaj Auto Share price is trading at ₹9,962 with a market cap of 2,78,112 Cr INR.

Bajaj Auto Share Price Target 2024

When Maximum Price Minimum Price
June 2024 9,977.70 8,676.26
July 2024 9,877.93 8,589.50
August 2024 10,273.04 8,933.08
September 2024 10,683.97 9,290.41
October 2024 10,474.48 9,108.24
November 2024 10,893.46 9,472.57
December 2024 11,002.39 9,567.30

In 2024, the projected maximum and minimum prices for Bajaj Auto shares are as follows: In June 2024, the maximum price is expected to reach ₹9,977.70, with a minimum of ₹8,676.26. For July 2024, the share prices are projected to range between ₹9,877.93 and ₹8,589.50. Moving to August 2024, the prices are anticipated to be between ₹10,273.04 and ₹8,933.08. In September 2024, Bajaj Auto shares are expected to reach a maximum of ₹10,683.97 and a minimum of ₹9,290.41. For October 2024, the prices are projected to range from ₹10,474.48 to ₹9,108.24. November 2024 is expected to see share prices between ₹10,893.46 and ₹9,472.57. Finally, in December 2024, Bajaj Auto shares are projected to reach a maximum of ₹11,002.39 and a minimum of ₹9,567.30.

Bajaj Auto Share Price Target 2025

When Maximum Price Minimum Price
January 2025 11,112.41 8,548.01
February 2025 11,224.66 8,634.35
March 2025 11,460.38 8,815.68
April 2025 11,346.91 8,728.39
May 2025 11,016.42 8,474.17
June 2025 11,512.16 8,855.50
July 2025 11,286.43 8,681.87
August 2025 11,635.49 8,950.38
September 2025 11,775.12 9,057.78
October 2025 12,081.27 9,293.29
November 2025 12,383.30 9,525.62
December 2025 12,940.55 9,954.27

In January 2025, the expected maximum price of Bajaj Auto shares is 11,112.41, with an expected minimum price of 8,548.01. As the year unfolds, by December 2025, it is expected that the maximum price will rise to 12,940.55, indicating potential growth and market dynamics. The expected minimum price by December 2025 is 9,954.27

Finances rule

Bajaj Auto Share Price Target 2026 

When Maximum Price Minimum Price
January 2026 13,328.77 10,252.90
February 2026 12,995.55 9,996.58
March 2026 13,255.46 10,196.51
April 2026 13,525.98 10,404.60
May 2026 13,392.06 10,301.58
June 2026 13,726.86 10,559.12
July 2026 13,457.71 10,352.08
August 2026 13,873.92 10,672.25
September 2026 14,151.40 10,885.69
October 2026 14,519.34 11,168.72
November 2026 14,882.32 11,447.94
December 2026 15,254.38 11,734.14

Bajaj Auto Share Price Target 2027

When Maximum Price Minimum Price
January 2027 15,406.92 11,851.48
February 2027 15,801.97 12,155.36
March 2027 16,418.25 12,629.42
April 2027 16,096.32 12,381.79
May 2027 15,627.50 12,021.15
June 2027 16,330.74 12,562.10
July 2027 16,010.53 12,315.79
August 2027 16,505.70 12,696.69
September 2027 17,083.40 13,141.07
October 2027 17,527.56 13,482.74
November 2027 17,965.75 13,819.81
December 2027 18,414.90 14,165.31

Bajaj Auto Share Price Target 2028

When Maximum Price Minimum Price
January 2028 18,783.19 14,448.61
February 2028 19,264.82 14,819.09
March 2028 20,016.14 15,397.03
April 2028 19,623.67 15,095.13
May 2028 19,052.11 14,655.47
June 2028 19,909.45 15,314.96
July 2028 19,519.07 15,014.67
August 2028 20,122.75 15,479.04
September 2028 20,827.05 16,020.81
October 2028 21,368.55 16,437.35
November 2028 21,902.77 16,848.28
December 2028 22,450.33 17,269.49

Bajaj Auto Share Price Target 2029

When Maximum Price Minimum Price
January 2028 18,783.19 14,448.61
February 2028 19,264.82 14,819.09
March 2028 20,016.14 15,397.03
April 2028 19,623.67 15,095.13
May 2028 19,052.11 14,655.47
June 2028 19,909.45 15,314.96
July 2028 19,519.07 15,014.67
August 2028 20,122.75 15,479.04
September 2028 20,827.05 16,020.81
October 2028 21,368.55 16,437.35
November 2028 21,902.77 16,848.28
December 2028 22,450.33 17,269.49

Bajaj Auto Share Price Target 2030

When Maximum Price Minimum Price
January 2030 27,917.50 21,475.00
February 2030 28,633.33 22,025.64
March 2030 29,750.03 22,884.64
April 2030 29,166.70 22,435.92
May 2030 28,317.18 21,782.45
June 2030 29,591.46 22,762.66
July 2030 29,011.23 22,316.33
August 2030 29,908.49 23,006.53
September 2030 30,955.28 23,811.76
October 2030 31,760.12 24,430.86
November 2030 32,554.12 25,041.63
December 2030 33,367.98 25,667.68

In January 2030, the maximum price of Bajaj Auto shares is projected to be 27,917.50, while the minimum price is expected to be 21,475.00. As the year progresses, by December 2030, it is anticipated that the maximum price of Bajaj Auto shares will rise to 33,367.98, demonstrating significant growth and market performance. The minimum price by December 2030 is expected to reach 25,667.68, reflecting stability and sustained investor confidence in Bajaj Auto shares throughout the year.

Financial Condition of Bajaj Auto: Last 5 years

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 29,919 27,741 33,145 36,455 44,870
Expenses + 24,809 22,803 27,886 29,991 36,109
Operating Profit 5,109 4,938 5,259 6,465 8,762
OPM % 17% 18% 16% 18% 20%
Other Income + 1,832 1,570 2,671 1,703 1,704
Interest 3 7 9 40 60
Depreciation 246 259 270 286 365
Profit before tax 6,692 6,241 7,652 7,842 10,040
Tax % 22% 22% 19% 23% 23%
Net Profit + 5,212 4,857 6,166 6,060 7,708
EPS in Rs 180 168 213 214 276
Dividend Payout % 67% 83% 66% 65% 29%

Based on the financial data provided, the company has demonstrated consistent growth in sales over the past five years, with revenues increasing from Rs 29,919 crore in March 2020 to Rs 44,870 crore in March 2024. This growth trajectory signifies the company’s ability to capture market share and capitalize on business opportunities. Despite facing escalating expenses, the company has effectively managed its costs, leading to a steady rise in operating profit, which reached Rs 8,762 crore in March 2024. This indicates the company’s commitment to operational efficiency and cost control measures.

Furthermore, the company’s profitability has exhibited an upward trend, with net profit rising from Rs 5,212 crore in March 2020 to Rs 7,708 crore in March 2024. This increase in profitability reflects the company’s ability to generate sustainable earnings and deliver value to its stakeholders. Additionally, the growth in earnings per share (EPS) from Rs 180 to Rs 276 during the same period highlights the company’s ability to enhance shareholder value through improved profitability.

However, it’s noteworthy that the dividend payout percentage has fluctuated over the years, indicating variations in the company’s dividend distribution policy and its strategic focus on reinvestment for future growth. This flexible approach to dividend payout reflects the company’s commitment to balancing shareholder returns with reinvestment in growth opportunities. Overall, the financial performance underscores the company’s resilience, strategic management, and potential for sustained growth in the future.

FAQS

What is the current share price of Bajaj Auto?

As of June 16th, 2024, the current share price of Bajaj Auto is ₹9,962.

What is the share price target for Bajaj Auto in 2025?

The share price target for Bajaj Auto in 2025 varies based on different sources and predictions. According to our price prediction, Bajaj Auto’s share price should be ranging in between ₹8,474.17 and ₹12,940.55.

What is the share price target for Bajaj Auto in 2030?

The Share Price target of Bajaj Auto is expected to reach ₹33,367.98 by the end of 2030.

Can Bajaj Auto reach 50,000 INR by 2025?

We do not think Bajaj Auto could reach 50,000 INR by 2025. If that were to happen, Bajaj Auto needs to go up by more than 5x from the current price.

What factors can impact the share price of Bajaj Auto?

Several sales, revenue, and profit will impact Bajaj Auto’s share price in the future.

How has Bajaj Auto’s revenue growth been in the last five years?

Over the past five years, Bajaj Auto has consistently grown its revenue, starting at Rs 29,919 crore in March 2020 and reaching Rs 44,870 crore in March 2024. This demonstrates the company’s adeptness in navigating market dynamics and capitalizing on opportunities, solidifying its position as a key player in the automotive industry.

What is Bajaj Auto’s current dividend payout ratio?

Bajaj Auto’s current dividend payout ratio is around 29%.

What is Bajaj Auto’s current operating profit margin?

Bajaj Auto’s current operating profit margin stands at 20%.

Is investing in Bajaj Auto shares a good option for investors?

As with any investment, investors need to do their research and consider various factors before investing in Bajaj Auto shares. It’s advisable to consult with a financial advisor before making any investment decisions.

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Conclusion

In conclusion, Bajaj Auto’s Q4 results for FY 2023-24 underscore a period of impressive growth and resilience. With a consolidated net profit of Rs 2,011.43 crore, reflecting an 18 percent increase from the previous year, and a substantial surge in revenue to Rs 11,249.8 crore, up by 30 percent, the company has exceeded market expectations. The approval of a dividend of Rs 80 per share (800 percent) further emphasizes its commitment to delivering value to shareholders. With its highest-ever EBITDA of Rs 8,825 crore and a robust operating margin of 19.7 percent, Bajaj Auto demonstrates strong financial health and operational efficiency. This solid performance positions the company for continued success and growth in the automotive industry, reaffirming its status as a market leader and promising investment opportunity for stakeholders.

The share price targets for 2024 to 2030 further underline a positive trajectory, and the company’s virtually debt-free status, dividend payouts, and improving operational metrics contribute to its attractiveness for investors. Despite facing fluctuations in revenue, Bajaj Auto’s prudent financial management positions it as a promising investment, aligning with its status as a global automotive giant.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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