Record Profits by Bajaj Auto
Bajaj Auto observed record Profits with EBITDA margin at 21%. A meeting of the Board of Directors of Bajaj Auto Limited was held today to consider and approve the results for Q3/...
Bajaj Auto observed record Profits with EBITDA margin at 21%. A meeting of the Board of Directors of Bajaj Auto Limited was held today to consider and approve the results for Q3/ FY12. Performance of the company has been exemplary. Company Officials said Q3 / FY12 was another strong quarter for the company. The total sales crossed 1 million units; 3rd time in a row with Turnover of 5154 crore and Export revenue of 1710 crore. The Operating EBITDA is surprisingly 1061 crores, highest ever score. Also the Profit after tax, before exceptional items was 834 crore which is highest till now. The EBITDA margin of 21.0% is the best in the industry.
Motorcycles sales in domestic market has grown 7% and Exports have improved by good 27%. Sales during festive season were satisfactory. However, towards end of November, industry sales witnessed a slowdown. Overall market share stood at ~31% in Q3 / FY12. Sale of Commercial vehicles have grown by 1% locally and 35% in Exports. Overall demand for commercial vehicle continues to be strong.
Company dominates the petrol & alternate fuel passenger segment with market share of ~87%.
Export sales continue to be robust and ahead of plan. Overseas markets now contribute over 35% of all vehicles sold. Company is on course to exceed its target of 1.5 million vehicles for the year. Motorcycles mainly Bajaj Pulsar have given growth of 27%, three wheeler contributing 35%. Overall total Export revenue sum up to be 51%.
The Operating Results can be summed up as:
A. Margins
In a challenging business environment, the company has improved its operating EBITDA margin from
20.1% in Q2 / FY12 to 21.0% in Q3 / FY12. The improvement in margin was primarily due to higher
realization from exports.
B. Exceptional items
The Company has entered into foreign exchange contracts to hedge highly probable forecast
transactions. MTM losses in respect of effective hedges is carried to the Hedge Reserve and
ineffectiveness, if any, including the time value of option contracts is recognised in the results, as per
the principles of AS-30. The time value of option contracts, aggregating `154 crore for 9M / FY12, will
reverse over the tenure of the contract.
C. Cash and cash equivalents
The company had surplus cash and cash equivalents of ` 4758 crore, as on 31st December 2011.
D. Awards
In recognition of its consistent and outstanding performance, the company has received the
ET ZW Special Award – Bike maker of the year
CNBC – TV18 IBLA – Outstanding Business Leader of the year – Mr. Rajiv Bajaj, MD Bajaj Auto and
NDTV Profit Business Leadership Awards 2011 – Automobiles – Two Wheeler
Bajaj Pulsar 150 (2018-2026) User Reviews
Needed something dependable for daily city traffic that wouldn't eat up all petrol money. looked at a few other 150cc options but the pulsar 150 just felt like the right balance of price, low maintenance and that classic muscular look that never gets old. Honestly pretty smooth for daily running, engine has nice pickup in lower gears so overtaking in heavy trafffic is easy, getting a solid 45-50 km regularly, only slight downside is minor handle vibes past 85 kmph but for everyday city speeds, its steady and comfortable. Definitely 100 percent recommend it, if you want a reliable everyday bike with decent power and great fuel efficiency, maintenance is super cheap and spare parts are available anywhere. just a solid, no nonsense daily runner that gets the job done.
Best in class performances, easy handling in city traffic, smooth, but rugged at same time, easy on pocket for maintenance, definitely serves the purpose, pickup is perfect, been riding this one since 15 years, yet minimum service cost, after sales response is also impressive, definitely male, title claimed by company feels true when you ride one.
This bike is very good. Jab baat ho Bharat ki sadkon par raj karne ki, toh ek hi naam sabke dimaag me aata hai, Bajaj Pulsar 150! Yeh sirf ek bike nahi, balki har biker ka ek jazbaat hai. Dekhne me stylish, chalane me dumdaar aur mileage me behatreen, Pulsar 150 ne har generation ke dil par apni ek alag jagah banayi hai.
I am riding Pulsar 150 since 2011. The model available at that time was BS3. It's performance and power composition give perfect and balanced ride for daily commuting. I always keep my bike in better condition, that's why i compete nowadays Pulsar 150 models. Good Product from Bajaj Auto India Pulsar.
I chose this bike because it feels smooth and stable on highways while still offering good control in the city, even though the suspension feels slightly stiff on rough roads. It gives good mileage, looks stylish and is comfortable enough for family rides, making it a practical and reliable choice. The ride so far has been very satisfying. It feels comfortable for daily use, gives good mileage and has strong pickup. Handling is stable and confident, especially on highways where it feels smooth and controlled even at higher speeds. Yes, I would recommend this bike. I bought it mainly for daily office travel and occasional weekend rides. It gives me decent mileage and the pickup is good enough for city traffic. On highways it feels stable and confident. The suspension is slightly stiff on rough roads but overall comfort is fine. If someone wants a practical, stylish and reliable bike in this budget, this is a good choice.