Buyback Details and Q4 Performance
Bajaj Auto is launching its second share buyback in three years, a substantial ₹5,633 crore program set at a price of ₹12,000 per share. This price represents a 16.3% premium over recent trading levels around ₹10,300. The buyback will include up to 4.69 million shares, which is 1.68% of the company's total equity. This buyback is backed by strong financial results in the fourth quarter of fiscal year 2026. Net profit rose 34% year-on-year to ₹2,746 crore, while revenue grew 31.8% to ₹16,005.65 crore. Operating income increased 36%, and margins improved to 20.8% from 20.2% in the prior year period. The company also declared a ₹150 per share dividend for FY26. The company's stock has shown recent strength, rising over 7% in the month leading up to this announcement.
