HRE magnet supply disruption
Non-availability of HRE magnets has caused 50% production shortfall in Chetak and 25-30% in e-auto in Q2, potentially impacting EV growth and margins.
high · management_commentaryBajaj Auto Ltd — Q1 FY26
Bajaj Auto delivered a strong Q1 FY26 with revenue of INR 12,500 crore, EBITDA of INR 2,482 crore (margin 19.7%), and PAT of INR 2,100 crore (+5% YoY).
bullish
high
✓ Verified against BSE filing
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Domestic motorcycle market share pressure
Bajaj lost ~2% sequential market share in 100cc segment due to competitive intensity, and overall motorcycle market share progression may be slow.
medium · management_commentaryNigeria demand uncertainty
Nigeria, a key export market, remains weak due to currency devaluation and inflation, with no clear timeline for recovery.
medium · analyst_questionRegulatory cost impact from ABS mandate
Proposed ABS mandate for sub-125cc motorcycles could increase costs by INR 500+, dampening demand and requiring supply chain adjustments over 12-24 months.
medium · analyst_question