External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Bajaj Auto standalone revenue grew by 15.7% YoY to Rs119.3bn in Q1FY25, 1.8% higher than PLe, but 2% lower than BBGe.</li><li>ASP increased by 7.9% YoY led by ~760bps improvement in 125cc and higher category motorcycles.</li><li>The better mix offset rise in input cost, aiding increase in EBITDA by 23.6% YoY to Rs24.2bn, which beat PLe/BBGe by 1.2%/3.9%.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Bajaj Auto standalone revenue grew by 15.7% YoY to Rs119.3bn in Q1FY25, 1.8% higher than PLe, but 2% lower than BBGe.ASP increased by 7.9% YoY led by ~760bps improvement in 125cc and higher category motorcycles.The better mix offset rise in input cost, aiding increase in EBITDA by 23.6% YoY to Rs24.2bn, which beat PLe/BBGe by 1.2%/3.9%.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Bajaj Auto (BJAUT IN) - Mix Improvement Driving ASP and Margin Profile

Bajaj Auto Ltd

Bajaj Auto (BJAUT IN) - Mix Improvement Driving ASP and Margin Profile