Bajaj Auto Sets June 24 Record Date for ₹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 ₹5,632 crore share buyback program. This strategic move marks the company's largest-ever buyback, signaling strong confidence in its long-term value proposition.
Details of the ₹5,632 Crore Buyback Plan
Bajaj Auto will conduct this buyback through the tender route, offering to repurchase up to 46.94 lakh shares. Each share carries a face value of Rs 10, and the company has set a buyback price of Rs 12,000 per share. This price represents a significant premium of approximately 19.5% over the stock's previous closing price.
The buyback accounts for 1.68% of the company's total paid-up share capital. This aggressive capital return strategy follows a previous ₹4,000 crore buyback conducted earlier in 2024 at a price of Rs 10,000 per share, demonstrating a consistent trend of rewarding shareholders through premium repurchases.
Robust Financial Performance and Shareholding Structure
The announcement comes on the heels of a stellar Q4 FY26 performance. Bajaj Auto reported its highest-ever quarterly profit of Rs 2,746 crore, a massive 34% jump compared to the Rs 2,049 crore recorded in the same period last year. Revenue from operations also saw a significant boost, rising 32% year-on-year to reach Rs 16,006 crore.
Key financial metrics from the March quarter include:
- EBITDA: Jumped 36% YoY to Rs 3,323 crore.
- EBITDA Margin: Expanded by 60 basis points to 20.8%.
- Market Capitalization: Currently stands at over Rs 2.82 lakh crore.
As of March 31, 2026, the company's shareholding pattern shows promoters holding a 55% stake, with Indian financial institutions (banks, mutual funds, etc.) holding 14.5%, foreign investors at nearly 10%, and the general public/others holding the remaining 21%.
Stock Performance and Dividend Announcements
While the stock has seen a minor 1% dip over the last month, its long-term trajectory remains highly impressive. Bajaj Auto shares have delivered 117% returns over the last three years and a staggering 142% return over the past five years. On the day of the announcement, the stock was trading nearly 0.5% higher at Rs 10,089 on the NSE.
Помимо обратного выкупа, компания повысила доходность для инвесторов, объявив о выплате дивидендов в размере 150 рупий на акцию (1500% от номинальной стоимости) за финансовый год, закончившийся 31 марта 2026 года. Датой фиксации реестра для получения дивидендов было установлено 29 мая, а выплаты ожидаются ориентировочно 24 июля 2026 года.
Основные выводы
- Рекордный обратный выкуп: Bajaj Auto выкупает до 4,694 млн акций по цене 12 000 ₹ за акцию, при этом датой фиксации реестра для участия в программе назначено 24 июня.
- Рекордная прибыль: Компания достигла своей самой высокой квартальной прибыли в размере 27,46 млрд ₹ в 4-м квартале 2026 финансового года, что было обусловлено ростом выручки на 32%.
- Двойная доходность: Инвесторы получат выгоду как от обратного выкупа по премиальной цене, так и от значительных дивидендных выплат в размере 150 ₹ на акцию.