Bajaj Auto Sets June 24 Record Date for Rs 5,632 Crore Buyback
Two-wheeler giant Bajaj Auto has officially fixed June 24 as the record date to determine shareholder eligibility for its massive Rs 5,632 crore share buyback program. This move underscores the company's strong liquidity position and its commitment to enhancing shareholder value through premium repurchases.
Details of the Mega Buyback Program
In a significant move for investors, Bajaj Auto will repurchase its shares at a price of Rs 12,000 per share. This price represents a substantial premium of nearly 19.5% over the stock's previous closing price. The company intends to buy back up to 46.94 lakh shares, which accounts for approximately 1.68% of its total paid-up share capital.
The buyback will be executed via the tender route, allowing eligible shareholders to offer their shares back to the company at the specified premium price. This is not the first major capital return move by the company; earlier in 2024, Bajaj Auto conducted a Rs 4,000 crore buyback at a price of Rs 10,000 per share.
Robust Financial Performance Driving Shareholder Returns
The decision to launch this record-breaking buyback follows a period of exceptional financial growth for the automaker. In the fourth quarter of FY26, Bajaj Auto reported its highest-ever quarterly profit of Rs 2,746 crore, a massive 34% increase compared to the Rs 2,049 crore recorded in the same period last year.
Revenue from operations also saw a significant surge, rising 32% year-on-year to reach Rs 16,006 crore. This operational efficiency is reflected in the company's EBITDA, which jumped 36% YoY to Rs 3,323 crore, while the EBITDA margin expanded by 60 basis points to 20.8%. Beyond the buyback, the company has also announced a generous dividend of Rs 150 per share for the financial year ended March 31, 2026.
Shareholding Pattern and Market Performance
As of March 31, 2026, Bajaj Auto's shareholding was distributed among promoters (55%), Indian financial institutions including banks and mutual funds (14.5%), and foreign investors (nearly 10%), with the remaining 21% held by the general public and corporates. The upcoming buyback is expected to shift these proportions as the company reduces its total outstanding share count.
시장은 회사의 장기적인 성장 궤도에 긍정적으로 반응했습니다. 지난 한 달 동안 주가는 1% 소폭 하락했으나, 지난 1년 동안은 19% 상승했습니다. 장기 투자자들은 큰 이익을 얻었으며, 주가는 3년 동안 117%, 5년 동안은 142%라는 인상적인 수익률을 기록했습니다. 현재 Bajaj Auto는 Rs 2.82라크 크로르를 초과하는 견고한 시가총액을 유지하고 있습니다.
핵심 요약
- 역대 최대 규모 자사주 매입: Bajaj Auto는 주당 12,000루피의 프리미엄 가격으로 총 Rs 5,632크로르 규모의 역대 최대 자사주 매입을 진행하고 있습니다.
- 주요 일정: 공개 매수에 참여할 자격을 갖추려면 6월 24일 기준일까지 주주 명부에 등재되어 있어야 합니다.
- 강력한 실적: 이번 자사주 매입은 분기 순이익 34% 급증 및 매출 32% 증가를 기록한 역대급 2026 회계연도 4분기 실적을 바탕으로 이루어졌습니다.