Bajaj Auto BAJAJ-AUTO
Two- and three-wheeler maker; its Chetak e-scooter was the biggest casualty of the 2025 magnet shortage
Mapped in 2 themes: Nifty 50 and Rare-Earth Magnets (REPM).
Where Bajaj Auto sits in the supply chain
Bajaj Auto appears in 1 supply-chain layer in one theme, Rare-Earth Magnets (REPM).
Rare-Earth Magnets (REPM) › Electric two-wheelers
At-risk participantOther companies in this layer
Index membership
Bajaj Auto is in the Nifty 50 (NSE industry: Automobile and Auto Components).
Nifty 50 › Automobile and Auto Components
Other Nifty 50 stocks in this industry
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 44,870 | 50,995 | 62,905 |
| Net profit | 7,708 | 7,325 | 10,574 |
Latest-year revenue ₹62,905 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Cash-rich and highly profitable (FY26 net profit ₹10,574 Cr), able to hold buffer stocks and qualify new suppliers
- Showed it could restart within weeks once magnets arrived (late Aug 2025)
Risks
- Chetak production fell 47% year on year in July 2025 (10,824 units) on magnet shortages
- Still dependent on Chinese magnets until Indian plants run
Common questions
What does Bajaj Auto do?
Two- and three-wheeler maker; its Chetak e-scooter was the biggest casualty of the 2025 magnet shortage.
Where does Bajaj Auto sit in the supply chain?
Bajaj Auto (NSE: BAJAJ-AUTO) is mapped in 1 supply-chain layer: Electric two-wheelers (Rare-Earth Magnets (REPM)).
Who are Bajaj Auto's peers?
In the Electric two-wheelers layer of Rare-Earth Magnets (REPM): TVS Motor and Ola Electric.
What is Bajaj Auto's market cap and valuation?
As of 30 Oct 2026: market cap ₹2.85L Cr, P/E 21.7x, ROCE 28.2%, ROE 29.2%, dividend yield 1.45%.