Bajaj Auto posts record FY25 revenue over ₹50,000 crore, driven by electric vehicle growth, export gains, and premium bike sales; ends year with highest-ever profit, strong cash reserves, and a ₹210 per share final dividend.
29 May 2025 | 3289 Views | By Darshan Nakhwa & Ketan Thakkar
Bajaj Auto reported its highest-ever revenue of over Rs 50,000 crore in the financial year ended March 2025--marking an increase of 12% on year--alongside record profit and cash reserves, fueled by robust electric vehicle sales, strong export momentum, and a sharp rise in premium motorcycle volumes from Triumph and KTM, ...
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Bajaj Auto reported its highest-ever revenue of over Rs 50,000 crore in the financial year ended March 2025--marking an increase of 12% on year--alongside record profit and cash reserves, fueled by robust electric vehicle sales, strong export momentum, and a sharp rise in premium motorcycle volumes from Triumph and KTM, Executive Director Rakesh Sharma said on Wednesday.
“For the first time, our revenue in Bajaj Auto crossed the Rs. 50,000 crore mark,” Sharma said during a media call held to discuss the company’s financial performance for Q4 FY25. “EBITDA and profit after tax also hit an all-time high with the EBITDA percentage coming in at 20.2%, which means that it was above 20% across all quarters.”
In Q4 FY25 alone, revenue rose 6% year-on-year to Rs 12,148 crore, while EBITDA also climbed 6% to Rs. 2,451 crore, maintaining a 20% margin. “Given the volatile nature of the markets last year, hitting these record top line, bottom line, and EBITDA percentage is a matter of satisfaction,” Sharma noted.
EV Momentum and Export Recovery
Bajaj Auto doubled its market share in the electric three-wheeler segment, while its Chetak electric scooter emerged as the top-selling e-two-wheeler in Q4. “Chetak became number one in quarter 4 in the e-two-wheeler segment,” Sharma confirmed.
Exports also played a pivotal role, rising 20% despite the absence of KTM volumes, usually 5–6% of exports, which were “almost nil” during the quarter. “The export performance was very good, particularly in Latin America, which is the largest single region now ahead of Africa and Asia,” Sharma added.
Premium Bikes and Cash Position Strengthen
Volumes under the Triumph brand doubled during the year, while KTM recorded its “best ever year on the domestic side.” The company generated Rs. 6,500 crore in free cash flow during FY25, taking its surplus funds to Rs. 17,000 crore.
“This is after making some strategic investments in BACL [Bajaj Auto Credit Ltd] and Bajaj Auto Netherlands, BHAI, HBV for onward investments into KTM,” Sharma said.
With annual capex requirements of just Rs. 600–700 crore and surplus cash exceeding its Rs. 15,000 crore threshold, Bajaj Auto’s Board approved a final dividend of Rs. 210 per share. “This amounts to about Rs. 5,864 crore and is about 72% of the profits after tax for the year, which is in line with the dividend policy,” Sharma noted.