By [Sandeep Bishnoi]
October 8, 2024
Bajaj Auto is one of India’s most recognized automotive brands and the third-largest motorcycle manufacturer in the world. With a legacy spanning decades, Bajaj Auto continues to expand its footprint in domestic and international markets. Investors looking to invest in Bajaj Auto have high expectations for the company’s growth, especially as it explores electric vehicles and focuses on expanding global markets.
Discover the future of Bajaj Auto’s share price for 2024, 2025, 2030, 2040, and 2050. Explore growth prospects, risks, and company insights in this detailed analysis.
https://www.bajajauto.com/
About Bajaj Auto Ltd (NSE: BAJAJ-AUTO)
Bajaj Auto is renowned for its motorcycles, three-wheelers, and quadricycles. The company was the first in India to achieve a market value of INR 1 trillion in two-wheeler and three-wheeler manufacturing. Bajaj Auto is also an export powerhouse, selling products to over 79 countries globally.
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Bajaj Auto Annual Report (FY 2023-24)
Key Points:
- Record Revenue: Bajaj Auto achieved an all-time high standalone revenue of ₹44,685 crore in FY 2024, a 23% YoY growth.
- Sales Growth: Total vehicle sales reached 4.35 million units, up from 3.93 million in FY 2023, driven by strong domestic sales and robust growth in the motorcycle segment.
- Export Performance: Despite challenging international markets, Bajaj Auto exported over 1.63 million vehicles in FY 2024.
- Electric Vehicle Expansion: Bajaj’s electric vehicle division, Chetak Technology Ltd., saw volumes grow by 3x YoY, further enhancing its presence in 164 cities.
- Profit Growth: The company recorded a net profit of ₹7,478.79 crore in FY 2024, a 33% increase from ₹5,627.60 crore in FY 2023.
- Earnings Per Share (EPS): EPS increased from ₹197.30 in FY 2023 to ₹264.60 in FY 2024.
- Expansion Plans: Bajaj continues to invest in electric vehicles, particularly in expanding Chetak’s footprint, with new manufacturing plants set to boost production in coming years.
Yearly Financial Table (2023-24)
| Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) | Total Vehicles Sold (Units) |
|---|
| FY 2023-24 | ₹44,685 | ₹7,479 | ₹264.60 | 4.35 million |
| FY 2022-23 | ₹36,428 | ₹5,628 | ₹197.30 | 3.93 million |
Summary:
In FY 2023-24, Bajaj Auto’s robust domestic performance more than compensated for the slowdown in exports. The company’s focus on innovation and expanding its electric vehicle market has positioned it well for future growth. Annual Report
Bajaj Auto Share Price Target (2024 to 2050)
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2024 | ₹6,600 | ₹14,020 |
| 2025 | ₹14,053 | ₹16,015 |
| 2030 | ₹25,123 | ₹28,043 |
| 2040 | ₹54,115 | ₹59,200 |
| 2050 | ₹70,005 | ₹75,015 |
Summary of Share Price Targets:
- 2024: Bajaj Auto is projected to experience solid growth, with the stock price expected to range between ₹6,600 and ₹14,020, driven by new product launches and strong domestic sales.
- 2025: The company’s international expansion and strong export performance will likely push the stock price between ₹14,053 and ₹16,015.
- 2030: Bajaj Auto’s focus on electric vehicles, particularly through Chetak Technology Ltd., is expected to significantly increase its market value, with a predicted price range of ₹25,123 to ₹28,043.
- 2040: As Bajaj Auto scales up its manufacturing capacity and strengthens its position in the global market, the stock price is expected to rise between ₹54,115 and ₹59,200.
- 2050: By 2050, Bajaj Auto is forecast to become a dominant global player in both traditional and electric vehicles, with the share price ranging from ₹70,005 to ₹75,015.
Bajaj Auto Share Price Target 2024
Bajaj Auto has launched several successful products, including motorcycles and three-wheelers that operate on both gas and petrol. In 2024, the company’s commitment to innovation and product development will drive its share price upwards.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2024 | ₹6,600 | ₹14,020 |
Summary:
By 2024, Bajaj Auto is expected to continue benefiting from strong domestic demand and growing exports. The stock could range between ₹6,600 and ₹14,020.
Bajaj Auto Share Price Target 2025
As Bajaj Auto continues to expand its international presence, the company aims to export half of its production to new global markets. This aggressive expansion will boost its stock price in 2025.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2025 | ₹14,053 | ₹16,015 |
Summary:
In 2025, Bajaj Auto’s stock is projected to be between ₹14,053 and ₹16,015 due to increased export activity and new product launches.
Bajaj Auto Share Price Target 2030
With the growing demand for electric vehicles (EVs), Bajaj Auto has committed to substantial investments in its EV subsidiary, Chetak Technology Ltd. This will likely push the company’s stock to new heights by 2030.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2030 | ₹25,123 | ₹28,043 |
Summary:
By 2030, Bajaj Auto’s shift toward electric vehicles and its global expansion efforts should elevate its stock price to between ₹25,123 and ₹28,043.
Bajaj Auto Share Price Target 2040
The company is increasing its production capacity to meet future demand. With plans to open new manufacturing plants, Bajaj Auto is on track for further growth by 2040.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2040 | ₹54,115 | ₹59,200 |
Summary:
With expanded manufacturing and consistent market demand, Bajaj Auto’s share price could range between ₹54,115 and ₹59,200 by 2040.
Bajaj Auto Share Price Target 2050
Bajaj Auto’s focus on research and development (R&D) has made it a leader in both traditional and electric vehicles. By 2050, the company is likely to experience exponential growth, driven by its focus on technology and innovation.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2050 | ₹70,005 | ₹75,015 |
Summary:
By 2050, Bajaj Auto’s sustained investments in R&D, electric mobility, and global expansion could push its stock price to between ₹70,005 and ₹75,015.
Risk Factors
Investors should be aware of the following risks associated with Bajaj Auto:
- Dependence on Raw Materials: Rising costs of steel, rubber, and other materials could impact profitability.
- Competition: The electric vehicle market is highly competitive, with both traditional automakers and startups vying for market share.
- Regulatory Challenges: Changes in environmental and automotive regulations could affect manufacturing and exports.
Future Plans of Bajaj Auto
Bajaj Auto’s strategic roadmap includes:
- Electric Vehicles (EVs): Expansion of Chetak Technology Ltd. with a strong focus on EV scooters and three-wheelers.
- Global Expansion: Plans to enter new international markets in Africa, Latin America, and Southeast Asia.
- R&D Investment: Increased focus on developing innovative technologies for premium motorcycles and electric vehicles.
Profit & Loss Analysis
| Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) |
|---|
| FY 2024 | ₹44,685 | ₹7,479 | ₹264.60 |
| FY 2023 | ₹36,428 | ₹5,628 | ₹197.30 |
Summary:
Bajaj Auto witnessed a 23% rise in revenue and a 33% increase in net profit for FY 2024. This growth reflects the company’s robust business model and successful product launches.
Bajaj Auto Chart Analysis (By- TradingView)
Bajaj Auto Last 1 Year Performance Chart
Bajaj Auto Fundamental
Bajaj Auto Growth and profitability ( Revenue to profit conversion)
Bajaj auto dividend history and Debt level and coverage
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Pros and Cons
Pros:
- Strong brand recognition and customer trust in India and abroad.
- Expansion into the electric vehicle market with the Chetak brand.
- Solid financial performance with rising revenues and profits.
Cons:
- Intense competition from global and local players, especially in the EV sector.
- Vulnerability to rising raw material prices, which could affect profitability.
- Regulatory challenges related to emissions and environmental standards.
FAQs
What is the future of Bajaj Auto’s share price?
Bajaj Auto’s share price is expected to rise steadily due to global expansion and its investment in electric vehicles.
Is Bajaj Auto focusing on electric vehicles?
Yes, through its subsidiary Chetak Technology Ltd., Bajaj Auto is investing heavily in EVs.
What are Bajaj Auto’s main growth markets?
Bajaj Auto is focusing on expanding in Africa, Latin America, and Southeast Asia.
What are the risks associated with Bajaj Auto?
Rising raw material costs, competition in the EV space, and regulatory challenges are key risks.
How did Bajaj Auto perform financially in FY 2024?
The company posted record revenues of ₹44,685 crore and a net profit of ₹7,479 crore.
Is Bajaj Auto a good long-term investment?
Yes, Bajaj Auto’s strong financials, innovation in EVs, and global expansion plans make it a promising long-term investment.
What is the dividend payout for Bajaj Auto in 2024?
Bajaj Auto announced a dividend of ₹80 per share for FY 2024, reflecting its strong cash reserves.
Conclusion
Bajaj Auto is well-positioned to remain a dominant force in both the traditional and electric vehicle markets. Its focus on global expansion, innovation in EVs, and strong financials make it a solid investment for long-term growth. While the company faces competition and regulatory risks, its proactive approach to innovation and market expansion ensures it will continue to be a key player in the global automotive industry.
Disclaimer: This forecast is based on available information and analysis. Actual stock prices can be influenced by various factors, including geopolitical events, unforeseen circumstances, and changes in market sentiment. It is essential to conduct thorough research and consider multiple factors before making any investment decisions.
Alert: This is just an estimate that the share target of Bajaj Auto can be this much. If you want to invest then talk to an advisor and then invest. www.Homedecore24.com/Finance will not take any responsibility if your money is lost. Please invest money at your own risk.
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