Bajaj Auto ltd is ranked as the world’s fourth largest three and two wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia.
Founded in 1926, at the height of India’s movement for independence from the British, the group has an illustrious history.
Bajaj Auto Ltd
The company is owned by Bajaj Group. The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers manufacturer and three-wheelers manufacturer), home appliances, lighting, iron and steel, insurance, travel, and finance.
- TurnOver: Rs 29,919 Cr
- Market Cap: 81,777 Cr.
- Dividend Yield: 4.25 %
- ROE: 21.31 %
- Sales Growth (3Yrs): 10.25 %
- Face Value: 10.00
- Promoter holding: 53.66 %
- Debt to equity: 0.01
- Price to book value: 3.78
Bajaj Auto Ltd. (‘the Company’) is a company limited by shares, incorporated and domiciled in India. ‘The Company’ is engaged in the business of development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles etc. and parts
The Company sells its products in India as well as in various other global markets. The registered office of the Company is located at Mumbai-Pune Road, Akurdi, Pune 411035.
Bajaj Auto exports to 70+ countries and a significant share of revenues come from Exports.
Rajiv Bajaj Managing Director & CEO
Rajiv Bajaj graduated first in class, with distinction, in Mechanical Engineering from the University of Pune in 1988, and then completed his masters in Manufacturing Systems Engineering, with distinction, from the University of Warwick in 1990.
He has since worked at Bajaj Auto in the areas of Manufacturing & Supply Chain (1990-95), R+D and Engineering (1995-2000), and Marketing and Sales (2000-2005), and has been its Managing Director since April 2005.
His current priority is the application of the scientific principles of Homoeopathy to the task of building a brand centred strategy at Bajaj Auto with the objective of achieving its vision of being one of the world’s leading motorcycle manufacturers.
He has been on the board of Bajaj Auto Ltd since March 5, 2002.
Rahul Bajaj Chairman
Mr. Bajaj (b. June 10, 38) is recognized as one of the most successful business leaders of India.
He heads the Bajaj Group of Companies which is a leader in a variety of manufactured products and financial services in India and abroad including motorized 2 and 3-wheelers, home appliances, electric lamps, wind energy, special alloy and stainless steel, cranes, forgings, infrastructure development, material handling equipment, travel, general and life insurance and investment, consumer finance & asset management.
Mr. Bajaj holds an Honours Degree in Economics from Delhi University, a degree in Law from Bombay University and an MBA from Harvard Business School.
Mr. Bajaj is the Chairman of the Board of many companies. He was elected to the Upper House of Parliament (Rajya Sabha 2006 – 2010).
Mr. Bajaj has received many prestigious awards and recognitions, notable being the award of ‘Padma Bhushan’ by the Government of India in 2001, Alumni Achievement Award by the Harvard Business School and Life Time Achievement Awards from Economic Times, Ernst & Young and CNBC TV18. Mr. Bajaj was appointed Knight in the Order of the Legion of Honour by the President of the French Republic.
Mr. Bajaj has been conferred Honorary Doctorates by 7 Universities including IIT Roorkee.
Mr. Bajaj was the President of Confederation of Indian Industry (CII – 1979-80/1999-2000). He was President of Society of Indian Automobile Manufacturers (SIAM) and Mahratta Chamber of Commerce, Industry And Agriculture (MCCIA) and Chairman of the Development Council for Automobiles and Allied Industries.
Mr. Bajaj was appointed by the Government of India the Chairman (1986-89) of the Government owned domestic carrier, Indian Airlines.
Mr. Bajaj was nominated by the President of India the Chairman of the Board of Governors of the Indian Institute of Technology, Bombay during 2003-06.
Mr. Bajaj is a Member & former Chairman of the International Business Council of the World Economic Forum, Geneva and a Member of Harvard Business School’s Global Advisory Board. He is also a Member of the International Advisory Council of the Brookings Institution, Washington DC and a Member of the Executive Board of Indian School of Business.
Bajaj Auto International Holdings BV, Netherlands (BAIH BV)
Bajaj Auto International Holdings BV (BAIH BV) is a 100% Netherlands-based subsidiary of
Bajaj Auto Ltd. Over the years, through this subsidiary, Bajaj Auto has invested a tota
of €198.1 million (H1,219 crore), and holds approximately 48% stake in KTM AG of Austria (KTM).
The Group has a 47.99% interest in KTM AG, Austria which is engaged in the development, production and distribution of motorised vehicles under the ‘KTM’ and ‘Husqvarna’ brands; and holds equity interests in other entities engaging in development, production
and distribution of such equipment.
Major sale markets include the USA, Germany, France, Australia, the UK, Italy, Spain, Canada, Austria, Argentina, and other European countries. KTM AG is a private entity that is not listed on any public exchange.
Bajaj Auto (Thailand) Ltd.
Bajaj Auto (Thailand) Ltd was incorporated as a wholly owned subsidiary in Thailand
with an issued and subscribed capital of Thai Baht (THB) 45 million (H 11 crore).