Bajaj Auto Share Price

Bajaj Auto Limited Overview

Bajaj Auto Limited, incorporated in 1945 by Jamnalal Bajaj, is a flagship company of the Bajaj Group, headquartered in Pune, Maharashtra. The company’s registered office is located at Akurdi, Pune. Bajaj Auto is listed on both the National Stock Exchange (NSE: BAJAJ-AUTO) and the Bombay Stock Exchange (BSE: 532977). Renowned as one of India’s leading manufacturers of two-wheelers and three-wheelers, Bajaj Auto specialises in motorcycles, scooters, auto rickshaws, and quadricycles, catering to both domestic and international markets.

Bajaj Auto Business Segments and Revenue Model

Bajaj Auto operates through three main business segments: motorcycles, commercial vehicles (three-wheelers and quadricycles), and spare parts. Its key products include popular motorcycle brands such as Pulsar, Dominar, Platina, CT, Avenger, and Boxer, along with RE autorickshaws and Qute quadricycles. The company also offers genuine spare parts and after-sales services. Revenue is primarily generated from the sale of two-wheelers, which contribute over 80% of total revenue, while commercial vehicles account for about 15%, and the remainder comes from spare parts and exports. Bajaj Auto has a strong export presence, with over 40% of its revenue derived from international markets, making it one of the largest exporters of two and three-wheelers from India.

Bajaj Auto Key Milestones

• 1945: Incorporated as M/s Bachraj Trading Corporation Private Limited.
• 1959: Obtained license from the Government of India to manufacture two- and three-wheelers.
• 1960: Became a public limited company.
• 1972: Launched the iconic Bajaj Chetak scooter.
• 1985: Set up the Waluj manufacturing plant in Aurangabad, Maharashtra.
• 1990: Collaborated with Kawasaki for technology and product development.
• 1998: Introduced the Bajaj Boxer, marking entry into the commuter motorcycle segment.
• 2001: Launched the Pulsar range, revolutionising the Indian sports motorcycle market.
• 2007: Demerged into three entities—Bajaj Auto, Bajaj Finserv, and Bajaj Holdings & Investment.
• 2009: Introduced the Discover motorcycle series.
• 2010: Entered into a strategic alliance with KTM Power Sports AG, Austria.
• 2012: Launched the RE60 (now Qute), India’s first quadricycle.
• 2017: Increased stake in KTM to 48%.
• 2019: Launched electric scooter Chetak, marking entry into EV segment.
• 2021: Commissioned a new manufacturing plant at Chakan for premium motorcycles and EVs.
• 2023: Launched new models in the Pulsar and Chetak ranges; expanded global footprint to over 80 countries.
• 2024: Announced new investments in EV technology and digital transformation initiatives.

Bajaj Auto ESG and Sustainability

• Bajaj Auto is committed to achieving carbon neutrality by 2040 and reducing its carbon footprint across manufacturing units.
• Focuses on renewable energy integration, with over 50% of power sourced from renewables.
• Core CSR initiatives include education, healthcare, skill development, and rural development, impacting millions across India.
• Promotes road safety awareness and green mobility through electric vehicle launches.
• Aims for zero waste-to-landfill status and enhanced water conservation by 2030.

Bajaj Auto Awards and Recognitions

• Awarded the ‘Best Two-Wheeler Manufacturer’ at the NDTV Car and Bike Awards 2024.
• Ranked among Forbes’ World’s Best Employers 2023.
• Received the Golden Peacock Award for Corporate Social Responsibility in 2023.
• Recognised as India’s No. 1 Exporter of Two- and Three-Wheelers for over a decade.
• Won the CII National Energy Leader Award 2023 for sustainable manufacturing.
• Consistently featured in Brand Trust Report’s Most Trusted Brands list.