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Ipm PPT
Ipm PPT
Ipm PPT
Market Cap:49,517 Cr
Competitors include:
Hero motocorp TVS motors Mah scooters LML Kinetic motors
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9/26/2009
11/26/2009
1/26/2010 3/26/2010 5/26/2010 7/26/2010 9/26/2010 11/26/2010 1/26/2011 3/26/2011
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1/26/2009
3/26/2009 5/26/2009 7/26/2009 9/26/2009 11/26/2009 1/26/2010 3/26/2010 5/26/2010 7/26/2010 9/26/2010 11/26/2010 1/26/2011 3/26/2011
Continuous compounding
Bajaj Auto sales grew by only 4% for the month of May compared to 17% in the previous month.
Announcement that its profit margins will improve with introduction of pricier models. It will introduce more125 cc models.
Bajaj Auto Dec sales fall 29% on lower motor cycle demand
Bajaj Auto third quarter results profit fell 23% as tighter credit and a cooling economy dampened sales.
Type of Ratio Gross Profit Margin(%) Return On Capital Employed(%) Return On Net Worth(%) Current ratio
Quick Ratio
Debt Equity Ratio Inventory Turnover Ratio Debtors Turnover Ratio Fixed Assets Turnover Ratio Earnings Per Share Price to earning ratio
0.73
0.84 28.64 27.45 2.6 33.26 7.31
0.55
0.46 443.88 28.87 37.41 3.5 103.73 8.88
0.71
0.07 2166.08 32.8 51.77 4.85 112.9 12.46
Company expects the domestic motorcycle demand to remain soft in the near term but is extremely confident on the export. Strong export volumes should more than compensate the slackening domestic demand. BAL reported a 21% jump in revenues that increased from Rs41,771mn in 3QFY11 to Rs50,632mn in 3QFY12. BAL reported an adjusted PAT of Rs8,346mn in 3QFY12, a strong 25% growth over 3QFY11 profit of Rs6,671mn, consequently margins improved by 63 bps y-o-y and 89 bps q-o-q to 21% for Q3FY12. BAL has planned for three new motorcycle launches over the next few months which we believe will give some impetus to domestic sales in FY13. We have a positive outlook on Bajaj Auto on the back of its superior product portfolio & robust growth in export market. This coupled with launch of new pulsar in Q4FY12 we expect Bajaj Auto to maintain healthy growth trajectory & margins.