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Bajaj Auto announces Rs 5,633 crore share buyback via tender route, sets price at Rs 12,000 apiece


Bajaj Auto‘s board on Wednesday cleared a share buyback worth Rs 5,633 crore where the two-wheeler major will purchase up to 46.94 lakh fully paid-up equity shares at a price of Rs 12,000 per share via a tender route. These shares represent up to 1.68% of the total number of equity shares in the company.

The company’s Board of Directors also approved a dividend of Rs 150 per share for the financial year ended March 31, 2026 and fixed Friday, May 29 as the record date to determine shareholders’ eligibility.

It will spend up to Rs 9,825 crore on the dividend and share buyback, a company filing to the exchanges said.

The announcements were made along with the company’s Q4 earnings where Bajaj Auto reported a standalone net profit at Rs 2,746 crore versus Rs 2,049 crore in the year ago period, implying a 34% YoY increase. The company’s revenue from operations in Q4FY26 rose 32% to Rs 16,006 crore versus Rs 12,148 crore posted in the corresponding quarter of the previous financial year.

The maker of Pulsar and Dominar bikes reported a 10% sequential growth in its bottom line compared to Rs 2,503 crore in Q3FY25 while the topline grew 5% on a quarter-on-quarter basis versus Rs 15,220 crore in the October-December quarter of FY26.

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The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 3,323 crore in Q4FY26,up 36% versus Rs 2,451 crore in the year ago period. Meanwhile, EBITDA margin stood at 20.8%, up 60 bps versus 20.2% in the year ago period.

Bajaj Auto’s double-digit PAT and revenue growth rode on a 24% YoY rise in its volumes, which stood at 13.71 lakh units compared to 11.02 lakh units in the corresponding quarter of the last financial year. It was up 2% QoQ. In this domestic volumes grew 24% YoY to over 7.60 lakh units while exports witnessed a 25% rise to 6.10 lakh units.On a consolidated basis FY26 PAT jumped 47% YoY to Rs 10,744 crore while revenue recorded a 23% uptick at Rs 62,905 crore.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



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