BAJAJ-AUTO.NS Bajaj Auto Limited
INR·Price 9990.00·Mkt cap 2.79TComputed from the latest reported financials and the current market price.
Who's the real player?
A genuine play on this theme — most of its business sits right here.
Is the business healthy?
Shaky fundamentals — weak cash generation or a stretched balance sheet. Tread carefully.
- ⚠High accrual ratio: earnings not backed by cash (manipulation risk)
- ⚠Weak FCF conversion (<50% of net income turns into free cash)
- ⚠Receivables growing much faster than revenue (channel-stuffing risk)
- Strong growth quality
- Good capital efficiency
- Solid returns on invested capital
Are the smart people buying?
No ownership-change data for this stock. Conviction is judged from capex and buyback signals alone.
- Significant promoter/insider stake
- Insider net buys
What is management saying?
No earnings-call transcript or filings found for this stock.
Is the price right?
Intrinsic value 741.68 vs price 9990.00 — screens expensive on a cash-flow DCF (-92.6% to intrinsic). The base DCF growth assumption of 0% is not realistic for a company with an implied growth of 27.66%, suggesting aggressive future performance expectations.
| Intrinsic / share | 741.68 |
| Price | 9990.00 |
| Upside to intrinsic | -92.6% |
| Reverse-DCF implied g | 27.7% |
Base FCF 38.51B · growth 0.0% · discount 12.0% · terminal 5.0%.
Sensitivity — intrinsic value / share
Each cell is the intrinsic value at that growth (across →) and discount rate (down ↓). Center ★ is the base case. Cells green = above price (cheap), red = below (expensive).
| Growth rate → | |||||
|---|---|---|---|---|---|
| Disc ↓ ╲ g | -4% | -2% | 0% | 2% | 4% |
| 10% | 742.02 | 980.21 | 1260.39 | 1589.49 | 1975.45 |
| 11% | 537.46 | 731.36 | 958.57 | 1224.5 | 1535.38 |
| 12% | 389.55 | 552.02 | ★ 741.68 | 962.91 | 1220.7 |
| 13% | 277.17 | 416.23 | 577.97 | 765.99 | 984.42 |
| 14% | 188.56 | 309.54 | 449.76 | 612.24 | 800.42 |
Through the masters' eyes
Each investor's numeric rules, checked against this stock's metrics: exact math, no guesswork. Tap one to see which rules pass, fail, and what to judge yourself.
Financial statements (INR)
↗ sourceCash-flow lines highlighted — we trust cash over reported profit.
| Line | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 603.86B | 492.67B | 437.82B | 353.92B | — |
| Operating income | 124.16B | 100.53B | 82.71B | 60.63B | — |
| EBITDA | 157.65B | 110.27B | 104.65B | 81.67B | — |
| Net income | 107.44B | 73.25B | 77.08B | 60.60B | — |
| Operating cash flow | 25.97B | -14.06B | 65.52B | 52.77B | — |
| Capex | -7.22B | -8.74B | -7.23B | -11.10B | — |
| Free cash flow | 18.74B | -22.79B | 58.29B | 41.67B | — |
| Total assets | 772.23B | 541.99B | 393.66B | 351.36B | — |
| Total equity | 388.32B | 351.89B | 289.62B | 293.62B | — |
| Total debt | 226.40B | 92.37B | 17.86B | 0 | — |
| Cash & equivalents | 29.90B | 23.32B | 5.60B | 2.42B | — |