Automobile and Auto Components · NSE: BAJAJ-AUTO
Intrynsic's multi-model valuation estimates Bajaj Auto Limited's fair value at ₹10,809 per share (range ₹6,614–₹13,727) against a market price of ₹10,811 - a gap of -0.0% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹10,811
close of 29 Sept 2026
Est. fair value
₹10,809
₹6,614–₹13,727
Gap
-0.0%
price vs estimate
Trading close to our estimated fair value (-0% gap). Assumptions and per-model workings are below.
Bajaj Auto is one of India's largest two- and three-wheeler makers and the country's biggest exporter of motorcycles. Export markets and premium bikes, including its stake in KTM, shape its margins.
Automobile and Auto Components · Automobiles
Over the last 3 years, revenue grew 19.9%/yr and profit grew 20.4%/yr.
Every ₹100 of shareholder money earned ₹27.2 in profit last year, vs a sector median of 12.7%.
Debt is 0.58x equity — manageable, worth watching.
The market price is close to our estimated fair value (based on stated assumptions).
About ₹59 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 4 of 5 years.
Intrynsic values Bajaj Auto Limited with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| DCFFuture Cash Flows Method | ₹6,614 | -39% | - |
| EV/EBITDAIndustry Comparison Method | ₹10,809 | -0% | - |
| P/E MultipleEarnings Multiple Method | ₹13,727 | +27% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 60.0% a year for the next decade - versus 17.4% historical revenue growth.
| Revenue | ₹62,905 Cr | |
| Net profit | ₹10,574 Cr | |
| EPS | ₹384.41 | |
| Free cash flow | ₹1,875 Cr | |
| ROE (latest) | 27.2% | |
| Revenue growth (CAGR) | 12.5% | |
| Profit growth (CAGR) | 11.2% |
Intrynsic's multi-model valuation estimates Bajaj Auto Limited's fair value at ₹10,809 per share (range ₹6,614–₹13,727), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.
Bajaj Auto Limited trades at ₹10,811 against Intrynsic's estimated fair value of ₹10,809 - the market price is 0% above the estimate, i.e. close to our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Bajaj Auto Limited trades at about 28.1 times its latest annual earnings per share.
Bajaj Auto is one of India's largest two- and three-wheeler makers and the country's biggest exporter of motorcycles. Export markets and premium bikes, including its stake in KTM, shape its margins.
Intrynsic runs 3 valuation models for Bajaj Auto Limited (DCF, EV/EBITDA, P/E Multiple) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy