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Maruti Suzuki India vs Bajaj Finserv Q4 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

MA

Maruti Suzuki India

Maruti Suzuki reported a record Q4 with net sales of ₹50,010 crore (+28.5% YoY) and EBITDA of ₹4,400 crore (+30.4% YoY), driven by a sharp recovery in small car demand post-GST reform and strong export growth.

BA

Bajaj Finserv

Bajaj Finserv's Q4 FY26 consolidated results were impacted by temporary MTM losses from insurance investments, with reported revenue growth of 6% to ₹3,858 crore and PAT growth of 5% to ₹2,539 crore.

Result Snapshot

Revenue₹52,462 Cr₹38,494 Cr
PAT₹3,659 Cr₹5,226 Cr
EBITDA Margin12%38%
Sentimentbullishneutral

Key Quotes

The recent GST reduction is seen as a transformative factor for the passenger vehicle sector in India. By lowering taxes, the reform has enhanced affordability, making passenger vehicles accessible to a broader segment of customers.
Rahul Bharti · Chief Investor Relations Officer
The buyback not only concludes the buyout of Allianz stake but it also is expected to strengthen the ROE of both the insurance subsidiaries going forward.
Raman Deep Singh · CFO, Bajaj Finserv Limited