Bajaj Auto Share Price Today Nears 52-Week High On Strong Q1 Result | Buy, Sell or Hold? Check Target Price

Bajaj Auto Q1 Result Review

Bajaj Auto showcased business resilience in Q1FY27 as the company sustained its high margins despite the surge in input costs. While the company's export outlook remains strong, Bajaj Auto is expected to gradually recover market share in the domestic motorcycle market, as per the Motilal Oswal report.

"Export outlook continues to be healthy, with management targeting 250k+ units of exports per month in 2Q. It continues to outperform even in EVs, both 2Ws and 3Ws. Given a better-than-expected performance in 1Q and a strong outlook across segments, we raise our EPS estimates by 5%/9% for FY27/FY28," stated Motilal Oswal in its report.

Bajaj Auto Share Price Recommendation

The brokerage upgraded its recommendation for Bajaj Auto to 'Buy' with a target price of Rs 12,096 per share. "Given the strong earnings forecast, healthy return ratios, among-thebest dividend payouts and a resilient business model, valuations at 23x/19.6x FY27E/ FY28E EPS appear attractive. We upgrade BJAUT to BUY (from Neutral) with a revised TP of INR 12,096 per share, based on 24x FY28E core EPS," stated the brokerage in its report.

Bajaj Auto Q1 Result Recap

Bajaj Auto reported nearly 42.37% year-on-year (YoY) growth in its standalone net profit to Rs 2,982.84 crore in Q1FY27 against Rs 2095.98 crore reported in the year-ago period. Bajaj Auto's revenue from operations increased to Rs 17,243.72 crore in Q1FY27 from Rs 12,584.45 crore reported in Q1FY27. The jump in revenue was driven by record quarterly volumes and better realisations.

Disclaimer:The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.