Bajaj Auto Limited
BAJAJ-AUTOStructural risk assessment following Q4-FY26 | 31 Mar 26 earnings.
Q3-FY26 | 31 Dec 25
0
Risk Score
Q4-FY26 | 31 Mar 26
5
Risk Score
🔴Risk increased by +5 points
Flagium detected:
- ⚠Inventory Stress
ℹ️ Executive Summary
Bajaj Auto Limited posted steady top-line growth and bottom-line stability, demonstrating resilient execution in its core markets. While the underlying business remains fundamentally sound, the presence of 1 active risk warnings highlights minor operational or working capital inefficiencies to keep on the watch list.
🛡️ Sentinel Insight
"Bajaj Auto Limited currently sits within Flagium's Stable category. However, recent periods have remained stable with minor operational friction. Despite positive top and bottom-line growth, triggers like 'Inventory Stress' indicate underlying structural risk. Current deterioration appears cyclical rather than existential."
The Quarter at a Glance
| Metric | Q4-FY26 | 31 Mar 26 | Q4-FY25 | 31 Mar 25 | Change |
|---|---|---|---|
| Revenue | ₹18,493.9 Cr | ₹13,038.5 Cr | +41.8% |
| EBIT Margin | 16.78% | 21.62% | -484 bps |
| Net Profit (PAT) | ₹3,492.2 Cr | ₹1,801.8 Cr | +93.8% |
| Interest Expense | ₹344.4 Cr | ₹146.5 Cr | +135.0% |
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What Changed Beneath the Headlines?
Revenue Growth
Quarterly revenue changed by +41.8% YoY, reflecting demand and volume updates.
Net Profit Expansion
Profit after tax changed by +93.8% YoY, settling at ₹3,492.2 Cr.
Operating Margins
Operating margin declined by 484 bps YoY to 16.78%.
Flagium Risk Signals
Inventory growth (203.0%) significantly outpaced revenue growth (41.8%).
What the financials are implicitly signaling
Flagium's structural analysis indicates:
- •Capacity utilization calibration is being monitored to align with slow volume intake.
- •Working capital conversion cycles require active support to sustain cash conversions.
Signals to Monitor Next Quarter
Resolution of 'Inventory Stress' warning: Inventory growth (203.0%) significantly outpaced revenue growth (41.8%).
Raw material price movement and its impact on operating margins.
Working capital efficiency and cash flow conversions.
Domestic demand recovery and segment-wise volume growth.
Historical Quality Trend
Last 6 Quarters| Quarter | Risk Score | Trend | Current Risk Class |
|---|---|---|---|
| Q4 FY26 | 5 | ↑ | 🟢 Stable |
| Q3 FY26 | 0 | ↓ | 🟢 Stable |
| Q2 FY26 | 3 | ↓ | 🟢 Stable |
| Q1 FY26 | 8 | ↑ | 🟢 Stable |
| Q4 FY25 | 5 | ↑ | 🟢 Stable |
| Q3 FY25 | 0 | → | 🟢 Stable |
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What to do next
Explore BAJAJ-AUTO's full structural risk profile — 12Q score trajectory, pillar breakdown, flag history, and peer benchmarking.
View BAJAJ-AUTO profile →See how 2/3 Wheelers peers and the broader market are positioned. Identify sector-wide stress or rotation signals.
Open market monitor →Check how this Q4-FY26 | 31 Mar 26 result affects your portfolio's overall risk exposure and concentration.
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Flagium AI is an automated financial data analytics platform. Analysis reports are compiled programmatically from public regulatory XBRL submissions (NSE/BSE). This evaluation does not constitute investment advice, financial planning, or recommendations to buy, sell, or hold any security. Please consult a SEBI-registered investment advisor before acting on any data presented.