Q2 2025 Bajaj Auto Ltd Earnings Call Transcript
Key Points
- Bajaj Auto Ltd (BOM:532977) reported record revenues of INR13,000 crores, a 22% growth driven by domestic exports and spare part sales.
- The company achieved a record EBITDA of INR2,653 crores, growing at 24% and maintaining a 20% EBITDA margin for the fourth consecutive quarter.
- The green energy portfolio, including electric and CNG vehicles, now constitutes 44% of domestic revenue, showcasing strong growth in sustainable segments.
- The LATAM region led export growth with a 20% year-on-year increase, consolidating leadership in key markets like Mexico.
- The domestic motorcycle business maintained a strong position in the 125 CC plus segment, with a market share of 25%, just 2% short of leadership.
- Africa continues to decline across major markets, with a 9% decrease, impacting overall export performance.
- The company faced a one-time exceptional deferred tax provision of INR211 crores due to changes in tax regulations, affecting profit after tax.
- The consolidated profit was impacted by a significant loss from the associate Pierer Mobility, amounting to INR580 crores.
- The festive season demand was muted, with the motorcycle industry showing only 1% to 2% growth, below expectations.
- The electric vehicle segment, while growing, is still margin dilutive, impacting overall profitability.
Ladies and gentlemen, good evening and welcome to the Q2 FY 2025 reserve conference call of Bajaj Auto Limited. My name is Sagar, and I will be your coordinator. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Anand Newar, Head of Investor Relations from Bajaj Auto Limited. Thank you and over to you, sir.
Thanks, Sagar. Good evening, everyone and welcome to Bajaj Autos Q2 FY25 earnings conference call. On today's call we have with us, Mr. Rakesh Sharma, Executive Director, and Mr. Dinesh Thapar, Chief Financial Officer.
We will begin our call with opening remarks from Rakesh on the business and operational performance of the quarter, and Dinesh will take you through the financial highlights. We will then open the forum for the Q&A. Over to you, sir.
Thank you, Anand. Good evening, ladies and gentlemen, welcome to the Q2
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
