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Tata Motors vs Bajaj Auto Q4 FY26

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

Tata Motors

Tata Motors delivered a strong Q4 FY26, with standalone revenue of ₹24,500 crore (+22% YoY) and EBITDA margin of 13.9% (+130 bps YoY), marking the 11th consecutive quarter of double-digit margins.

Bajaj Auto

Bajaj Auto delivered a record Q4 with revenue of ₹16,060 crore (+32% YoY), EBITDA of ₹3,323 crore (+36% YoY), and PAT of ₹2,746 crore (+34% YoY).

Result Snapshot

Revenue₹26,098 Cr₹17,832 Cr
PAT₹1,793 Cr₹3,492 Cr
EBITDA Margin13%17%
Sentimentbullishbullish

Key Quotes

Our revenue improved 11% YoY in FY26. The underlying demand trajectory has been firmly upward.
Raman · CFO
We are looking at moving the exports needle to 220,000 units per month this quarter up from the 200,000 levels and this despite the loss of business in the Gulf region.
Rakesh Sharma · Joint Managing Director