Bajaj Auto Q4 Results: Profit Rises 34% to ₹2,746 Crore; ₹150 Dividend Declared

Bajaj Auto reported a strong set of Q4 FY26 earnings, with standalone net profit rising 34% year-on-year to ₹2,746 crore, supported by robust revenue growth, premium motorcycle demand, export recovery, and improved operating leverage. The company also announced a massive ₹150 per share dividend for FY26, reinforcing its reputation as one of India’s strongest cash-generating auto companies.

The earnings performance comes at a time when India’s automobile sector is witnessing a shift toward premiumisation, rising export opportunities, and growing traction in electric mobility. Bajaj Auto has managed to benefit from all three trends simultaneously, helping the company outperform broader two-wheeler industry growth.

Bajaj Auto Q4 FY26 Results Snapshot

Metric	Q4 FY26	Q4 FY25	YoY Change
Net Profit	₹2,746 crore	₹2,049 crore	+34%
Revenue	₹16,006 crore	₹12,148 crore	+32%
Dividend	₹150/share	₹80/share Earlier FY	Significant Increase
Record Date	May 29, 2026	-	-

{{CHART:BAJAJ-AUTO}}

The strong quarterly performance highlights Bajaj Auto’s ability to maintain profitability despite ongoing geopolitical uncertainties, volatile commodity prices, and currency fluctuations impacting global markets.

Data suggests premium motorcycles and exports continue driving earnings growth This leads to higher operating leverage for Bajaj Auto Which results in stronger profitability expansion compared to peers

Why Bajaj Auto’s Revenue Grew So Strongly

The company benefited from multiple growth triggers during the March quarter.

Key Growth Drivers

Driver	Impact
Premium motorcycle demand	Higher margins
Export recovery	Volume growth
EV business expansion	Future growth visibility
Better product mix	Improved profitability

Bajaj Auto continues to maintain a strong presence in premium motorcycles through brands such as Pulsar, Dominar, and KTM partnerships, while its electric scooter business remains one of the fastest-growing segments in India’s EV market.

Dividend Announcement Strengthens Investor Confidence

One of the biggest highlights from the results was the announcement of a ₹150 per share dividend.

Dividend Details

Item	Details
Dividend Amount	₹150/share
Face Value	₹10
Record Date	May 29, 2026
Financial Year	FY26

The high dividend payout reflects Bajaj Auto’s strong balance sheet, healthy cash reserves, and stable free cash flow generation.

Export Business Remains a Critical Earnings Driver

Unlike many domestic-focused auto companies, Bajaj Auto derives a significant portion of revenue from exports.

The company has strong exposure across Latin America, Africa, Southeast Asia, and Middle Eastern markets.

Bajaj Auto Business Mix

Segment	Importance
Domestic Two-Wheelers	Core Revenue
Exports	Major Profit Driver
Electric Vehicles	High Growth Segment
Three-Wheelers	Stable Cash Flow

A recovery in global demand and easing currency pressures supported export momentum during the quarter.

Hidden Driver: Premiumisation Is Reshaping the Two-Wheeler Industry

One under-discussed trend is that India’s two-wheeler market is no longer purely volume-driven.

Consumers are increasingly shifting toward premium motorcycles with better technology, styling, and performance.

This trend benefits companies like Bajaj Auto more than entry-level focused manufacturers because premium products typically deliver higher margins and stronger brand loyalty.

What Most Investors Get Wrong About Auto Stocks

Many investors still evaluate auto companies only through sales volumes.

This is increasingly outdated.

Modern auto valuations depend heavily on

• Product mix
• EV transition capability
• Export exposure
• Margin sustainability
• Brand positioning

Bajaj Auto’s strong profitability despite industry volatility highlights this structural shift.

EV Business Could Become a Long-Term Trigger

Bajaj Auto has been expanding aggressively in electric mobility through the Chetak platform.

EV Expansion Factors

Factor	Potential Impact
EV adoption growth	Higher future revenue
Charging ecosystem expansion	Better consumer adoption
Premium EV positioning	Margin support
Government incentives	Faster scaling

While EV revenue contribution remains relatively smaller today, the segment could become a major valuation driver over the next few years.

Stock Performance and Market Position

Indicator	Value
Market Capitalisation	₹2.88 lakh crore
52-Week High	₹10,477
52-Week Low	₹7,612
Analyst Sentiment	Buy Bias
PE Ratio	32.46

The stock continues to trade near lifetime highs as investors price in strong earnings visibility and premium market positioning.

Future Outlook: What Could Drive Bajaj Auto Shares Ahead

Several macro and company-specific factors may influence Bajaj Auto’s trajectory going forward.

Trigger	Impact
Rural demand recovery	Volume growth
Export market stabilisation	Revenue expansion
EV scaling	Long-term rerating
Commodity price moderation	Margin improvement

Analysts believe Bajaj Auto remains well positioned due to its diversified business model and strong premium portfolio.

Actionable Strategy for Investors

• Monitor export growth trends closely
• Watch EV market share expansion in coming quarters
• Track rural demand recovery and monsoon outlook
• Long-term investors may focus on Bajaj Auto’s premiumisation and export-led growth story rather than short-term volume fluctuations

Final Take

Bajaj Auto’s Q4 FY26 performance reinforces its position as one of India’s strongest auto companies from both profitability and capital efficiency perspectives. Strong earnings growth, rising revenues, premium product demand, and a generous ₹150 dividend announcement have strengthened investor confidence. While global uncertainties and commodity volatility remain near-term risks, Bajaj Auto’s export strength, EV ambitions, and premiumisation strategy continue to create a powerful long-term growth narrative.

Why did Bajaj Auto profit rise sharply in Q4 FY26?

The company benefited from strong premium motorcycle demand, export recovery, and improved operating leverage, helping net profit rise 34% year-on-year.

What dividend did Bajaj Auto announce?

Bajaj Auto announced a dividend of ₹150 per share for FY26 with May 29, 2026 fixed as the record date.

Does Bajaj Auto have an EV business?

Yes. Bajaj Auto operates in the electric vehicle segment through its Chetak electric scooter platform and continues expanding its EV presence in India.