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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.

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Page 1: Bajaj Automobile Ltd

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.

Page 2: Bajaj Automobile Ltd

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

Page 3: Bajaj Automobile Ltd

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

Page 4: Bajaj Automobile Ltd

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

Page 5: Bajaj Automobile Ltd

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

Page 6: Bajaj Automobile Ltd

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

Page 7: Bajaj Automobile Ltd

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

Page 8: Bajaj Automobile Ltd

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)

Page 9: Bajaj Automobile Ltd

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

Page 10: Bajaj Automobile Ltd

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