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Bajaj Auto Limited
The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of
industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel,
insurance, travel and finance. The group's flagship company, Bajaj Auto, is ranked as the world's fourth largest
two- and three- wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin
America, Africa, Middle East, South and South East Asia. Founded in 1926, at the height of India's movement for
independence from the British, the group has an illustrious history. The integrity, dedication, resourcefulness and
determination to succeed which are characteristic of the group today, are often traced back to its birth during
those days of relentless devotion to a common cause. Jamnalal Bajaj, founder of the group, was a close
confidant and disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him as his son. This close relationship
and his deep involvement in the independence movement did not leave Jamnalal Bajaj with much time to spend
on his newly launched business venture.
His son, Kamalnayan Bajaj, then 27, took over the reigns of business in 1942. He too was close to Gandhiji and it
was only after Independence in 1947, that he was able to give his full attention to the business. Kamalnayan
Bajaj not only consolidated the group, but also diversified into various manufacturing activities. The present
Chairman of the group, Rahul Bajaj, took charge of the business in 1965. Under his leadership, the turnover of
the Bajaj Auto the flagship company has gone up from INR.72 million to INR. 120 billion, its product portfolio has
expanded and the brand has found a global market. He is one of India’s most distinguished business leaders and
internationally respected for his business acumen and entrepreneurial spirit.
Company Information
Corporate Actions
Bajaj Auto Limited
Date of Listing (NSE) : 26-May-2008
Face Value : 10.00
ISIN : INE917I01010
Industry : AUTOMOBILES - 2 AND 3
WHEELERS
Constituent Indices : CNX 100,CNX
500,NIFTY
Issued Cap. : 289367020(shares) as on 28-
Mar-2013
Free Float Market Cap. : 24165.8(Cr)
Impact Cost: 0.06 as on Jan-2013
52 week high/low price : 2229.00/1425.10
Ex-Date Purpose
05-Jul-2012 : ANNUAL GENERAL MEETING AND
DIVIDEND - RS.45/- PER SHARE
29-Jun-2011 : ANNUAL GENERAL MEETING AND
DIVIDEND RS.40/- PER SHARE
08-Sep-2010 : BONUS 1:1
08-Jul-2010 : ANNUAL GENERAL MEETING /
DIVIDEND RS.40/- PER SHARE
02-Jul-2009 : AGM/DIV.RS.22/-PER SHARE
FINANCIAL STATEMENT OF BAJAJ AUTO LIMITED
Quarter Ended 31-Dec-2012 30-Sep-
2012
30-Jun-
2012
31-Mar-
2012
31-Dec-
2011
Net Sales/Income from Operations 530720.00 481707.00 471364.00 451555.00 483995.00
Total Expenditure 444204.00 409823.00 402920.00 377431.00 403390.00
Profit (+)/Loss (-) before Interest, Dep. & Taxes
86516.00 71884.00 68444.00 74124.00 80605.00
Net Profit (+)/Loss (-) after Tax 81874.00 74067.00 71839.00 77200.00 79519.00
Diluted EPS 28.30 25.60 24.80 26.70 27.50
Net Sales/Income from
Operations 530720.00 481707.00 471364.00 451555.00 483995.00
Other Income - - - - -
Total Income 541271.00 497240.00 486566.00 465144.00 -
Changes in inventories of finished goods, work-in-progress and stock-in-trade
13288.00 -9024.00 11555.00 -17077.00 338.00
Cost of materials consumed 358286.00 344623.00 320076.00 331198.00 335624.00
Purchases of stock-in-trade 20533.00 21264.00 19173.00 17144.00 20399.00
Employee benefits expense 15923.00 15322.00 16040.00 11956.00 13204.00
Depreciation and amortisation expense2
4108.00 4104.00 3524.00 4342.00 3214.00
Total Expenditure (Excluding
Other Expenditure) 412138.00 376289.00 370368.00 347563.00 372779.00
Other expenses 32066.00 33534.00 32552.00 29868.00 30611.00
Total expenses 444204.00 409823.00 402920.00 377431.00 403390.00
Interest - - - - -
Exceptional Items - - - - -
Profit (+)/Loss (-) before
Depreciation and Taxes - - - - -
Depreciation3 - - - - -
Profit (+)/Loss (-) from
Ordinary Activities before tax1 117376.00 104067.00 101839.00 103512.00 106119.00
Tax Expenses 35502.00 30000.00 30000.00 26312.00 26600.00
Other Provisions - - - - -
Misc Expd. w/o - - - - -
Net Profit(+)/Loss (-) from
Ordinary Activities after Tax 81874.00 74067.00 71839.00 77200.00 79519.00
Extraordinary Items - - - - -
Net Profit (+)/Loss (-) for the
Period 81874.00 74067.00 71839.00 77200.00 79519.00
Face Value of Share (in ) 10.00 10.00 10.00 10.00 10.00
Paid-up Equity Share Capital 28937.00 28937.00 28937.00 28937.00 28937.00
Reserves Excluding Revaluation
Reserves - - - - -
Dividend (%) - - - - -
Basic EPS before Extraordinary
items 28.30 25.60 24.80 26.70 27.50
Diluted EPS before Extraordinary
items 28.30 25.60 24.80 26.70 27.50
Basic EPS after Extraordinary
items 28.30 25.60 24.80 26.70 27.50
Diluted EPS after Extraordinary
items 28.30 25.60 24.80 26.70 27.50
Non-promoter Shareholding (No.
of Shares) 0 0 0 0 0
Non-promoter Shareholding (%) 0.00 0.00 0.00 0.00 0.00
Public Shareholding (No. of
Shares) 144633688 144633688 144633688 144464600 144437440
Public Shareholding (%) 49.98 49.98 49.98 49.92 49.91
Note : 1 Figures of "Profit(+) / Loss (-) from Ordinary Activities before tax" pertaining to quarters preceding September 30, 2007 indicates "Profit(+) / Loss (-) before Tax" 2 Depreciation for periods after July 1, 2007. 3 Depreciation for periods before July 1, 2007
SHAREHOLDING PATTERN OF BAJAJ AUTO LIMITED
31-DEC-2012
Sr. No
Category of shareholder
Number of shareholders
Total number of shares
Number of shares held in de materialized form
Total shareholding as a percentage of total number of shares
Shares pledged or otherwise encumbered
% of shares (A+B)1
% of shares (A+B+C)
Number of shares
% No. of shares
(A) Shareholding of Promoter and Promoter Group
(1) Indian
(a) Individuals/ Hindu Undivided Family
47 1,27,83,410 1,27,83,410 4.42 4.42 0 0.00
(b) Central Government/ State Government(s)
0 0 0 0.00 0.00 0 0.00
(c) Bodies Corporate 34 13,19,49,922 13,19,49,922 45.61 45.60 166585 0.13
(d) Financial Institutions/ Banks
0 0 0 0.00 0.00 0 0.00
(e) Any Other (specify)
Any Other Total 0 0 0 0.00 0.00 0 0.00
Sub-Total (A)(1) 81 14,47,33,332 14,47,33,332 50.03 50.02 1,66,585 0.12
(2) Foreign
(a) Individuals (Non- Resident Individuals/ Foreign Individuals)
0 0 0 0.00 0.00 0 0.00
(b) Bodies Corporate 0 0 0 0.00 0.00 0 0.00
(c) Institutions 0 0 0 0.00 0.00 0 0.00
(d) Qualified Foreign Investor
0 0 0 0.00 0.00 0 0.00
(e) Any Other (specify)
Any Other Total 0 0 0 0.00 0.00 0 0.00
Sub-Total (A)(2) 0 0 0 0.00 0.00 0 0.00
Total Shareholding of Promoter and Promoter Group (A)= (A)(1)+(A)(2)
81 14,47,33,332 14,47,33,332 50.03 50.02 1,66,585 0.12
(B) Public shareholding3
(1) Institutions
(a) Mutual Funds/ UTI 159 51,29,585 51,28,160 1.77 1.77 0 0.00
(b) Financial Institutions/ Banks
32 1,58,623 1,37,833 0.05 0.05 0 0.00
(c) Central Government/ State Government(s)
0 0 0 0.00 0.00 0 0.00
(d) Venture Capital Funds 0 0 0 0.00 0.00 0 0.00
(e) Insurance Companies 144 1,87,31,413 1,87,30,813 6.48 6.47 0 0.00
(f) Foreign Institutional Investors
595 4,92,97,451 4,92,94,776 17.04 17.04 0 0.00
(g) Foreign Venture Capital Investors
0 0 0 0.00 0.00 0 0.00
(h) Qualified Foreign Investor
0 0 0 0.00 0.00 0 0.00
(i) Any Other (specify)
Any Other Total 0 0 0 0.00 0.00 0 0.00
Sub-Total (B)(1) 930 7,33,17,072 7,32,91,582 25.34 25.34 0 0.00
(2) Non-institutions
(a) Bodies Corporate 1,512 2,45,06,618 2,00,98,542 8.47 8.47 0 0.00
(b) Individuals
(i)
Individual shareholders holding nominal share capital up to Rs. 1 lakh
70,607 1,46,29,773 1,29,27,543 5.06 5.06 0 0.00
(ii) Individual shareholders holding
599 3,10,80,105 1,68,82,895 10.74 10.74 0 0.00
nominal share capital in excess of Rs. 1 lakh
(c) Qualified Foreign Investor
0 0 0 0.00 0.00 0 0.00
(d) Any Other (specify)
Overseas Corporate Bodies
4 1650 225 0.00 0.00 NA NA
Non Resident Indians 1764 1009674 981669 0.35 0.35 NA NA
Any Other Total 1,768 10,11,324 9,81,894 0.35 0.35 0 0.00
Sub-Total(B)(2) 74,486 7,12,27,820 5,08,90,874 24.62 24.62 0 0.00
Total Public
Shareholding (B)= (B)(1)+(B)(2)
75,416 14,45,44,892 12,41,82,456 49.97 49.95 0 0.00
TOTAL(A)+(B) 75,497 28,92,78,224 26,89,15,788 100.00 99.97 1,66,585 0.06
(C) Shares held by Custodians and against which Depository Receipts have been issued
C1 Promoter and Promoter group
0 0 0 0.00 0 0.00
C2 Public 1 88,796 88,796 0.03 0 0.00
Total C=C1+C2 1 88,796 88,796 0.03 0 0.00
GRAND TOTAL (A)+(B)+(C)
75,498 28,93,67,020 26,90,04,584 N.A. 100.00 1,66,585 0.06
1 For determining public shareholding for the purpose of Clause 40A 2 For definitions of "Promoter" and "Promoter Group", refer to Clause 40A 3 For definitions of "Public Shareholding", refer to Clause 40A
BAJAJ AUTO LIMITED
02-Jul-09 DIVIDEND RS.22/- PER SHARE
Date OP HP LP LTP CP TTQ Turnover
07-Jul-09 965 1010 906.6 990 989.6 147391 1459.18
06-Jul-09 965 999 934 976.4 961.4 38444 373.71
03-Jul-09 969.9 1005 969.9 983.65 984.85 36208 358.27
02-Jul-09 1008.4 1008.4 960.1 975 978.2 78383 768.34
01-Jul-09 990.6 1021.9 950.6 1007.35 1009.2 61211 617.46
30-Jun-09 1030.1 1056.65 978.9 981.3 1003.1 210551 2114.56
29-Jun-09 995 1056 995 1044 1044.4 97045 1013.45
08-Jul-10: DIVIDEND RS.40/- PER SHARE
Date OP HP LP LTP CP TTQ Turnover
13-Jul-10 2410 2420 2396 2396 2401 103808 2494.85
12-Jul-10 2435 2438 2396 2405.35 2408.9 147698 3555.33
09-Jul-10 2418.75 2429.9 2400 2416 2421 110154 2657.5
08-Jul-10 2414.45 2430.9 2395 2400 2402.4 200644 4823.4
07-Jul-10 2435 2454.9 2401 2408.6 2409.7 124346 3008.82
06-Jul-10 2429.2 2469.9 2417 2436 2437.9 194285 4726.09
05-Jul-10 2411.25 2497.5 2411 2440.2 2445 94617 2317.89
08-Sep-10 : BONUS 1:1
Date OP HP LP LTP CP TTQ Turnover
14-Sep-10 1475 1512.35 1466 1474 1472.4 558162 8283.02
13-Sep-10 1468 1479 1457 1469 1469.1 388852 5708.84
09-Sep-10 1487.3 1498.85 1450 1463.95 1459.4 946019 13838.56
08-Sep-10 1501.3 1512.75 1457 1479.3 1480.6 364405 5376.2
07-Sep-10 3040 3070 2988 2995 2997.4 434031 13083.95
06-Sep-10 2895 3029.9 2884 3017.75 3004 1031242 30800.45
03-Sep-10 2799.25 2889.9 2790 2870 2871 397449 11278.31
29-Jun-11: DIVIDEND RS.40/- PER SHARE
Date OP HP LP LTP CP TTQ Turnover
04-Jul-11 1452.8 1452.8 1420 1424 1424.5 176103 2517.36
01-Jul-11 1432.1 1438.8 1405 1420 1423.2 215369 3051.95
30-Jun-11 1414.8 1420.75 1396 1408.45 1407.1 621078 8734.21
29-Jun-11 1394 1419 1385 1403.5 1401.9 545318 7662.67
28-Jun-11 1389.7 1425.25 1380 1425 1420.1 269656 3798.3
27-Jun-11 1391 1444 1375 1380 1383.3 656355 9276.77
24-Jun-11 1340 1395 1340 1381 1387.8 568712 7795.21
05-Jul-12 DIVIDEND RS.45/- PER SHARE
Date OP HP LP LTP CP TTQ Turnover
10-Jul-12 1510 1535.55 1505 1527 1524.4 296711 4513.98
09-Jul-12 1530 1534.5 1491 1506 1505.7 370594 5594.43
06-Jul-12 1553 1562.1 1531 1539 1539.2 469624 7228.34
05-Jul-12 1552 1563 1545 1556 1556 529214 8224.28
04-Jul-12 1570 1590.9 1558 1582 1583.2 735299 11619.24
03-Jul-12 1552.3 1572 1550 1563.05 1562 342167 5352.86
02-Jul-12 1575 1580 1548 1557.15 1558.1 436558 6793.43
OP - Open Price
HP - High Price
LP - Low Price
LTP - Last Traded Price
CP - Close Price
TTQ - Total Traded Quantity
TURNOVER (IN LAKHS)
INTERPRETATION OF DATA
From the given data we can see before the announcement of dividend the market price was
fluctuating in anticipation of dividend. After the declaration of dividend the market price stabilised.
From the given data we can see before the announcement of dividend the market price was
fluctuating in anticipation of dividend. After the declaration of dividend the market price per share
increase at a steady rate. We can see that the dividend has a positive impact on the market price.
After the declaration of bonus share we see that there is a moderate fall in Market price.
920
940
960
980
1000
1020
1040
Div. Rs.22 per share
2395240024052410241524202425243024352440
Div .Rs.40 per share
0
1000
2000
3000
4000
bonus 1:1
After the declaration of dividend the market price per share increase at a steady rate. We can see
that the dividend has a positive impact on the market price .
After the declaration of bonus share we see that there is a moderate fall in Market price of the
share.
1250
1300
1350
1400
1450
1500
Div .Rs.40 per share
1460148015001520154015601580
Div .Rs.45 per share