Bajaj Auto Ltd.

Financial

	Bajaj Auto	TVS Motor	Hero MotoCorp
Operational Metrics
Automobile Sector
Total Automobiles Sold - Monthly	358477.0 .	333646.0 .	498123.0 .
Automobiles Sold - Monthly - Export	142026.0 .	76074.0 .	18673.0 .
Automobiles Sold - Monthly - Domestic	216451.0 .	257572.0 .	479450.0 .
Commercial Vehicle
Commercial Vehicles Sold - Monthly - Domestic	39244.0 .	n/a	n/a
Two Wheeler
Two Wheelers Sold - Monthly - Domestic	177207.0 .	255734.0 .	479450.0 .
Two Wheelers (KTM) Sold - Domestic	52981.0	n/a	n/a
Unclassified
R&D as a % of Total Sales	1.19 %	1.88 %	1.6 %
Financials
5 yr Average ROE	21.95 %	19.63 %	20.38 %
5yr average Equity Multiplier	1.24	5.86	1.5
5yr Average Asset Turnover Ratio	1.02	0.98	1.41
5yr Avg Net Profit Margin	17.47 %	3.43 %	9.61 %
Price to Book	9.16	16.56	6.3
P/E	34.4	66.63	29.8
5yr Avg Cash Conversion Cycle	-27.05 Days	-51.36 Days	-26.94 Days
Inventory Days	14.21 Days	22.43 Days	16.52 Days
Days Receivable	15.44 Days	13.75 Days	25.57 Days
Days Payable	60.88 Days	92.36 Days	67.47 Days
5yr Average Interest Coverage Ratio	861.66	2.22	83.71
5yr Avg ROCE	25.52 %	18.47 %	23.68 %
5yr Avg Operating Profit Margin	21.57 %	11.91 %	14.68 %
5 yr average Debt to Equity	0.02	3.38	0.02
5yr CAGR Net Profit	8.14 %	13.52 %	-3.99 %
5yr Average Return on Assets	17.7 %	3.36 %	13.6 %
Shareholdings
Promoter Holding	55.06 %	50.27 %	34.76 %
Share Pledged by Promoters	0.01 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	1.36 %	-7.13 %	0.0
Change in Mutual Fund Holding (3 Yrs)	1.61 %	5.13 %	9.37 %

Business

	Bajaj Auto	TVS Motor	Hero MotoCorp
Product Wise Break-Up	Product Wise Break-Up Automobile 96.75 Investment services 3.11 Parts & Accessories 0 Three-wheeler 0 Motorcycles, Scooters, Mopeds 0 Two wheelers 0 Components 0 Spare parts 0 Others 0.14	Product Wise Break-Up Parts & Accessories 8.67 Two wheelers 0 2 Wheelers 77.7 Spare parts 0 Automobile 0 Components 0 Investment services 0 Three-wheeler 0 Others 13.63	Product Wise Break-Up Parts & Accessories 0 2 Wheeler 83.14 Motorcycles, Scooters, Mopeds 0 Spare Parts & Accessories 14.34 Automobile 0 Components 0 Investment services 0 Three-wheeler 0 Others 2.52
Location Wise Break-Up	Location Wise Break-Up India 61.73 Latin America 0 Africa 0 Asia Pacific 0 Rest of the World 0 Others 38.27	Location Wise Break-Up Africa 0 India 75.86 Asia Pacific 0 Rest of the World 24.14 Latin America 0	Location Wise Break-Up Africa 0 India 95.64 Asia Pacific 0 Rest of the World 4.36 Latin America 0
Operating Profit Break-Up	Operating Profit Break-Up Automobile 86.11 Investment services 13.89 Financial Services 0 Automotive Components 0 Automotive vehicles & parts 0	Operating Profit Break-Up Auto Ancillary 74.11 Automobile 0 Investment services 0 Auto Ancillary 1.9 Financial Services 23.99	-
Asset Break-Up	Asset Break-Up India 83.05 Rest of the World 16.95 Outside India 0	-	Asset Break-Up Rest of the World 0 Outside India 3.96 India 96.04