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Bajaj Auto Q1 Results FY27: Net Profit at Rs 2,983 Crore, Beats Street Estimates Across the Board

  • July 21, 2026
  • Posted by: Ankit Jaiswal
  • Category: News
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Bajaj Auto Q1 Results FY27

Bajaj Auto Q1 FY27: PAT Rs 2,983 Cr vs Rs 2,762 Cr estimate. Revenue Rs 17,244 Cr vs Rs 16,959 Cr estimate. EBITDA Rs 3,595 Cr, margin 20.9% vs 20% estimate. Stock down 1.13% at Rs 10,403.50.

Bajaj Auto Q1 results FY27 were announced on Tuesday, 21 July 2026, with the two and three wheeler maker reporting a net profit of Rs 2,983 crore for the quarter ended 30 June 2026, comfortably ahead of the Street estimate of Rs 2,762 crore. The company’s disclosed highlights for this quarter compare reported numbers against analyst estimates rather than the year ago quarter, so the Bajaj Auto Q1 results FY27 discussed here are framed as a beat or miss against expectations.

Shares of Bajaj Auto fell 1.13% to Rs 10,403.50 on the NSE on the results day, a modest decline despite the beat across every reported line item, from profit to revenue to EBITDA margin.

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Table of Contents

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  • Bajaj Auto Q1 Results FY27 Key Takeaways
  • Bajaj Auto Q1 Results FY27 Financial Highlights
  • Bajaj Auto Q1 Results FY27 Performance Analysis
  • Bajaj Auto Q1 Results FY27: Key Business Factors
    • 1. Broad Based Beat Across the P&L
    • 2. Margin Execution Ahead of Expectations
    • 3. Muted Stock Reaction Despite the Beat
  • Dividend Details
  • Bajaj Auto Q1 Results FY27 Outlook for the Full Year
  • Bajaj Auto Stock Performance After the Q1 Results
  • Key Risks
    • 1. High Bar of Expectations
    • 2. No Year on Year Context Disclosed
    • 3. Two Wheeler Demand and Export Cyclicality
  • Conclusion
  • Frequently Asked Questions on Bajaj Auto Q1 Results FY27
    • When were the Bajaj Auto Q1 results FY27 announced?
    • What is the PAT in the Bajaj Auto Q1 results FY27?
    • What was the revenue in the Bajaj Auto Q1 results FY27?
    • What was the EBITDA margin in the Bajaj Auto Q1 results FY27?
    • Are the Bajaj Auto Q1 results FY27 compared against the estimates or the year ago quarter?
    • How did the share price react to the Bajaj Auto Q1 results FY27?
    • Is the stock a good buy after the Bajaj Auto Q1 results FY27?
    • Where can I verify the Bajaj Auto Q1 results FY27?

Bajaj Auto Q1 Results FY27 Key Takeaways

Here are the most important numbers from the Bajaj Auto Q1 results FY27 at a glance.

  • Net Profit (PAT): Rs 2,983 Cr against a Street estimate of Rs 2,762 Cr, a beat of about 8%.
  • Revenue: Rs 17,244 Cr against a Street estimate of Rs 16,959 Cr, a beat of about 1.7%.
  • EBITDA: Rs 3,595 Cr against a Street estimate of Rs 3,401 Cr, a beat of about 5.7%.
  • EBITDA margin came in at 20.9%, ahead of the 20% estimate.
  • Results announced on Tuesday, 21 July 2026, for the quarter ended 30 June 2026.
  • Bajaj Auto share price fell 1.13% to Rs 10,403.50 on the NSE on the results day.

Bajaj Auto Q1 Results FY27 Financial Highlights

The table below summarises the reported numbers in the Bajaj Auto Q1 results FY27 against the Street estimates ahead of the results, as disclosed by the company.

Metric Q1 FY27 Actual Street Estimate Beat/Miss
Revenue Rs 17,244 Cr Rs 16,959 Cr Beat by ~1.7%
EBITDA Rs 3,595 Cr Rs 3,401 Cr Beat by ~5.7%
Net Profit (PAT) Rs 2,983 Cr Rs 2,762 Cr Beat by ~8%

All figures are as reported for the quarter ended 30 June 2026, compared against Street estimates rather than the year ago quarter.

Bajaj Auto Q1 Results FY27 Performance Analysis

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A beat across every metric is the defining feature of the Bajaj Auto Q1 results FY27. The profit beat of roughly 8% is the largest of the three, outpacing both the revenue beat of about 1.7% and the EBITDA beat of about 5.7%, suggesting margin execution surprised analysts more than the topline did.

EBITDA margin of 20.9% against an estimate of 20% in the Bajaj Auto Q1 results FY27 confirms the profitability beat was driven by operational efficiency rather than a one-off item, since EBITDA margin is a purer measure of core business performance before financing and tax effects.

The 1.13% stock decline despite beating on every count is the more surprising part of the print. Since Bajaj Auto often trades at a premium valuation reflecting high expectations, a beat of this magnitude may already have been anticipated by the market, or profit booking following a run into the results could explain the muted to negative reaction.

Bajaj Auto Q1 Results FY27: Key Business Factors

1. Broad Based Beat Across the P&L

Every reported metric in the Bajaj Auto Q1 results FY27, from revenue to EBITDA to net profit, came in ahead of Street estimates, a clean and comprehensive beat rather than one driven by a single line item.

2. Margin Execution Ahead of Expectations

The EBITDA margin of 20.9% beating the 20% estimate points to cost discipline or a favourable product mix that analysts had not fully priced in.

3. Muted Stock Reaction Despite the Beat

Bajaj Auto shares still fell 1.13% on results day even after the Bajaj Auto Q1 results FY27 beat expectations across the board, suggesting elevated pre-results expectations or broader profit booking.

Dividend Details

Any dividend announcement accompanying the June 2026 quarter results will be reflected in the company’s official NSE and BSE filings. Investors should rely on those filings for dividend confirmation rather than secondary sources.

Bajaj Auto Q1 Results FY27 Outlook for the Full Year

After the Bajaj Auto Q1 results FY27, the key question for FY27 is whether this beat represents a new sustainable earnings trajectory or a particularly strong quarter against a conservative Street estimate. Two and three wheeler demand trends, export performance and the EV transition within the portfolio will shape how the year unfolds.

Bajaj Auto Stock Performance After the Q1 Results

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Bajaj Auto share price fell 1.13% to Rs 10,403.50 on the NSE after the Bajaj Auto Q1 results FY27, a modest decline despite the across-the-board beat over Street estimates.

Investors can compare the trend of the counter with the Nifty Auto index to judge how the stock is placed relative to the broader auto pack after the Bajaj Auto Q1 results FY27.

Key Risks

Investors going through the fine print of the Bajaj Auto Q1 results FY27 should also weigh the following risks.

1. High Bar of Expectations

With the stock trading at a premium valuation, even a strong beat produced a negative stock reaction, showing how demanding the expectations bar has become.

2. No Year on Year Context Disclosed

Because the Bajaj Auto Q1 results FY27 were framed against estimates rather than the year ago quarter, investors should check the detailed filing for the actual YoY growth trajectory before drawing conclusions.

3. Two Wheeler Demand and Export Cyclicality

Domestic two wheeler demand cycles and export market conditions, particularly in Africa and Latin America, remain key swing factors for the business.

Conclusion

Bajaj Auto Q1 results FY27 show a comprehensive beat over Street estimates, with PAT of Rs 2,983 crore, revenue of Rs 17,244 crore and EBITDA margin of 20.9% all ahead of expectations, even as the stock fell 1.13% on the day. Investors should check the detailed filing for year on year context and consult a SEBI-registered advisor before acting on the numbers.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions on Bajaj Auto Q1 Results FY27

When were the Bajaj Auto Q1 results FY27 announced?

Ans. The Bajaj Auto Q1 results FY27 were announced on Tuesday, 21 July 2026, for the quarter ended 30 June 2026.

What is the PAT in the Bajaj Auto Q1 results FY27?

Ans. PAT in the Bajaj Auto Q1 results FY27 stood at Rs 2,983 crore, ahead of the Street estimate of Rs 2,762 crore.

What was the revenue in the Bajaj Auto Q1 results FY27?

Ans. Revenue in the Bajaj Auto Q1 results FY27 stood at Rs 17,244 crore, ahead of the Street estimate of Rs 16,959 crore.

What was the EBITDA margin in the Bajaj Auto Q1 results FY27?

Ans. The EBITDA margin in the Bajaj Auto Q1 results FY27 came in at 20.9%, ahead of the 20% Street estimate, with EBITDA at Rs 3,595 crore against an estimate of Rs 3,401 crore.

Are the Bajaj Auto Q1 results FY27 compared against the estimates or the year ago quarter?

Ans. The disclosed highlights for the Bajaj Auto Q1 results FY27 compare reported numbers against Street estimates rather than the year ago quarter. Investors should check the detailed exchange filing for the year on year comparison.

How did the share price react to the Bajaj Auto Q1 results FY27?

Ans. Bajaj Auto share price fell 1.13% to Rs 10,403.50 on the NSE despite the Bajaj Auto Q1 results FY27 beating estimates across every metric.

Is the stock a good buy after the Bajaj Auto Q1 results FY27?

Ans. The Bajaj Auto Q1 results FY27 show a comprehensive beat over expectations, though the negative stock reaction suggests the market had priced in strong numbers already. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.

Where can I verify the Bajaj Auto Q1 results FY27?

Ans. The official filings for the June 2026 quarter are available on the NSE and BSE websites, and the stock can be tracked on the Univest app.



Q1 Results FY27
Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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