Bajaj Auto shares shine after Q4FY16 numbers

Bajaj Auto has declared its Q4FY16 results on Wednesday. The company’s revenue has increased by 14.78 per cent to Rs 5411 crore in Q4FY16 as compared to same period in previous financial year. Its EBITDA too has risen by 37.45 per cent to Rs 1152 crore in Q4FY16 on a yearly basis. Bajaj Auto’s EBITDA margin has expanded by 360 basis points to 21.28 per cent in Q4FY16 as compared to same period in previous fiscal year. Its PAT also has risen by 29.19 per cent to Rs 803 crore in Q4FY16 as compared to same period in previous fiscal year. The PAT margin of Bajaj Auto has expanded by 172 basis points to 14.84 per cent in Q4FY16 on a yearly basis.

On the yearly front, Bajaj Auto’s top line has been enhanced by 4.97 per cent to Rs 22688 crore in FY16 on a yearly basis. The company’s EBITDA has risen by 16.18 per cent to Rs 4779 crore in FY16 as compared to previous financial year. Its EBITDA margin has expanded by 203 basis points to 21.06 per cent in FY16 on a yearly basis. Bajaj Auto’s bottom line also has been boosted by 25.06 per cent to Rs 3784 crore in FY16 as compared to previous fiscal year. The company’s Net Profit margin has expanded by 268 basis points to 16.68 per cent in FY16 on a yearly basis.

The share price of Bajaj Auto increased by 5.05 per cent on bourses after declaring results; and is trading at Rs 2945.2 on an intraday basis.

Bajaj Auto is manufacturer of motorcycles, three-wheelers and spare parts. The company's business segments include Automotive, Investments and Others. Its two wheelers include Pulsar, Avenger, Discover, Platina and Ninja. Bajaj Auto services include troubleshooting, maintenance chart and service centres. The Company has manufacturing plants at Waluj, Chakan and Pantnagar.