Volume Growth: FY25 vehicle sales at 46.5 lakh units, up from 43.4 lakh units in FY24.
Export Rebound: Exports surged by 27% YoY in Q4, especially in Latin America and Africa.
EV Leadership: Green energy now forms 44% of domestic revenue; strong growth in Chetak e-scooters and Bajaj Gogo e-autos.
New launches: Bajaj Freedom (CNG motorcycle) saw 50,000+ units sold since August; more variants launched to capture urban gig and long-distance users.
Segmental Strength:
Motorcycles: Focus on premium 125cc+ bikes.
3-Wheelers: Electric segment market share at 35%, ICE share >75%.
Chetak: EV share grew from 13% to 22% YoY.
Near-Term: Continued traction in premium motorcycles, export recovery, and EV ramp-up to drive performance. Watch for cost impact from new emission norms (OBD-2B).
Long-Term: Strong product pipeline (e-rickshaw, premium EVs), expanding financial services (BACL), and tech focus (BATL) to support sustainable growth.
This blog is for informational and educational purposes only. It does not constitute a recommendation to buy or sell any stock. Please conduct your own research before investing.