Bajaj Auto Ltd — Q2 FY26
Bajaj Auto delivered a record quarter with revenue of ~INR 15,000 crore (+14% YoY), EBITDA of INR 3,000 crore (margin 20.5%), and PAT of INR 2,500 crore (+24% YoY).
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY26
Export growth to continue at similar tempo
Management expects export growth to maintain the current quarter's pace, supported by KTM export resumption and strong emerging market demand.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q1 FY26
EV supply to normalize by end of Q2
HRE magnet supply issue expected to be resolved by end of Q2, with complete de-risking of supply chain in 6-9 months.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q1 FY26
Margins to trend back to FY25 average
EBITDA margins expected to recover towards FY25 average, aided by favorable currency and cost actions, partially offset by competitive investments.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1