Export recovery slower than expected
Exports remain at 66% of FY22 peak; macroeconomic headwinds and geopolitical issues could delay recovery.
medium · management_commentaryBajaj Auto Ltd — Q2 FY24
Bajaj Auto delivered a record quarter with revenue of ₹10,777 crore (up 6% YoY), EBITDA of ₹2,133 crore (up 21% YoY), and PAT of ₹1,836 crore.
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
FAME subsidy reduction impact on EV adoption
Recent FAME reduction has slowed high-speed EV sales to ~65,000 units/month; further policy changes could dampen Chetak and e-auto growth.
high · management_commentaryCommodity cost uptick risk
Recent increase in steel and crude derivatives could pressure margins, though management expects flattish commodity costs in Q3.
medium · analyst_questionTriumph order book conversion uncertainty
Management stopped monitoring order book; actual demand sustainability post-initial euphoria is unverified.
low · data_observation