Preview: India's Bajaj Auto's Q1 profit seen rising on strong volumes

Bajaj Auto

21/07/2026 05:38

** Brokerage Citi says demand has remained resilient for India's Bajaj Auto BAJA.NS despite margin pressure from higher commodity costs, with management commentary on demand likely to be key this quarter
** BAJA to report Q1 results later on Tuesday
** Jefferies expects co to lead the two-wheeler pack with about 33% growth in pre-exceptional profit, as strong volume growth offsets margin pressure from higher commodity costs
** JM Financial expects exports and price hikes to drive revenue growth despite higher raw material costs weighing on margins 
** Prabhudas Lilladher says higher raw material costs are likely to keep margins under pressure, although exports, price hikes and market share gains should support revenue growth 
** Stock trading flat at 10,511.50 rupees
** BAJA rated "buy" on average by 37 analysts, median PT at 11,045 rupees- LSEG compiled data
** YTD stock up 12.5% vs Nifty auto index's .NIFTYAUTO 4.1% drop



 (Reporting by Surbhi Misra and Kashish Tandon in Bengaluru)
 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))