Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj (1889–1942) in Rajasthan in the 1940s. Founded by Jamnalal Bajaj, a freedom fighter, philanthropist and a close confidant of Mahatma Gandhi, the Bajaj Group, is one of the most respected and renowned business houses of India.
The company stands as a dominant force in the Indian automotive industry, particularly in the two-wheeler and three-wheeler segments. Bajaj Auto is the world's third-largest manufacturer of motorcycles and the second-largest in India. It is the world's largest three-wheeler manufacturer. Bajaj Auto Limited (BAL) is one of the leading two & three wheeler manufacturers in India. The company is the largest exporter of two and three-wheeler in the country.
The company has plants in Chakan, Waluj in Aurangabad and Pantnagar. The oldest plant at Akurdi in Pune houses the R&D centre 'Ahead'. Manufacturing facilities are located at Chakan near Pune, Waluj near Aurangabad, and at Pant Nagar in Uttarakhand. These strategically located facilities enable the company to serve both domestic and international markets effectively.
The company's production capabilities are impressive, with the company's installed capacity is 6.33 million units per annum as of 31 March 2021. Despite the lockdown in March 2020, the company has exported over 2.17 million vehicles. The company has demonstrated remarkable consistency in its export performance, with the company's exports were over 2 million units for the third year in a row.
Bajaj manufactures and sells motorcycles, scooters, auto-rickshaws and cars. The company's motorcycle lineup includes several popular brands and models. Motorcycles produced by Bajaj include the CT 100 Platina, Discover, Pulsar, Avenger, and Dominar. Bajaj is the first Indian two-wheeler manufacturer to deliver 4-stroke commuter motorcycles with sporty performance for the Indian market. Bajaj achieved this with the 150cc and 180cc Pulsar.
The company has also ventured into the electric vehicle segment with significant investments. Bajaj launched its first electric scooter, the Chetak, in India in January 2020. In December 2021, Bajaj announced an investment of ₹300 crore to build an electric vehicle production facility in Pune. According to the company, the plant would be able to produce 500,000 electric vehicles (EVs) each year, catering to both domestic and international markets.
Based on recent financial data, Bajaj Auto has a market cap of ₹2,35,498 crore (down -11.4% in 1 year) with revenue of ₹50,995 crore and profit of ₹7,325 crore. The company has demonstrated strong financial performance in recent years. In the fiscal 2022-2023, the Company recorded landmark sales of over five million vehicles clocking the highest ever (1) turnover of Rs. 37,609 crores and (2) consolidated profit after tax of Rs.6,060 crores.
For Q4 FY2025, Bajaj Auto Ltd reported quarterly results with EPS of 64.6 and Net Profit of ₹1,801.85 crore. The company also reported strong revenue figures, with Bajaj Auto Ltd reported a profit of Rs 1,801.85 crore on a total income of Rs 13,038.55 crore for the quarter ended 2025.
The Company is India's largest exporter of motorcycles, three wheelers and quadricycles, with over two million unit sales to 79 countries in 2018-2019. Besides India, key markets for Bajaj Auto are Africa, Asia, Europe and Americas. Bajaj Auto exports to over 70 countries; domestic transactions accounted for more than 50% of sales.
The company has established strategic partnerships to strengthen its global presence. The Company presently holds 47.99% of KTM AG of Austria, through its 100% subsidiary Bajaj Auto International Holdings BV Netherlands. KTM AG achieved highest ever sales of 261,529 units in the last fiscal (CY18) out of which 100,000 motorcycles were manufactured at Chakan Plant.
Bajaj Auto Ltd. entered into a partnership with the renowned Triumph Motorcycles, a British motorcycle manufacturing giant. This partnership not only brings Triumph's legendary bikes to the Indian market but also sets the stage for developing a new engine and vehicle platform catering to motorcycles ranging from 200 to 750cc.
Bajaj Auto International Holdings BV is a 100% subsidiary of Bajaj Auto Ltd., based out of Netherlands. The company is engaged in investment activities. Over the years, Bajaj Auto has invested a total of €198.1 million (Rs 1,219 crore) in KTM Group, Austria through this subsidiary.
The company has expanded its global footprint through various subsidiaries. Bajaj Auto (Thailand) Ltd. was incorporated as a wholly owned subsidiary in Thailand with an issued and subscribed share capital of Thai Baht (THB) 45 million (Rs. 11 crore). Under this subsidiary, Bajaj Auto has set up International Business Centre and Engineering Design Centre.
Bajaj Auto's equity shares are listed on Bombay Stock Exchange where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India where it is a constituent of the CNX Nifty. On 31 December 2022, 54.98% of the equity shares of the company were owned by the promoters Bajaj Group and the remaining were owned by others.
Bajaj Auto has set-up state of the art training facilities in collaboration with esteemed universities and engineering collages across the country, of these 4 centres are already operational and 4 more centres are yet to be launched. We have committed approximately INR 350 crore over the next 3 years for this initiative, allocating close to INR 20 crore for each BEST centre.
The company remains committed to skill development and social responsibility, continuing the philanthropic legacy of its founder Jamnalal Bajaj. Through various initiatives including the Bajaj Engineering Skills Training (BEST) program and Bajaj Manufacturing Systems (BMS), the company continues to contribute to India's industrial development and youth empowerment.
