Systematix sets INR 12,425 target for Bajaj Auto stock

Published on 10/13/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 revenue reached INR 216.89 billion in fiscal 2027, up 65.00 percent year over year. For Bajaj Auto stock, September exports reached 243,987 units.

Key points in brief

Systematix set a INR 12,425 target for Bajaj Auto stock on October 13, 2026.
Q1 fiscal 2027 consolidated revenue reached INR 216.89 billion, up 65.00 percent year over year.
September exports rose 32.00 percent to 243,987 units, offsetting a 9.00 percent domestic decline.
Bajaj Auto will review second-quarter and half-year results on October 27, 2026.

Bajaj Auto, INE917I01010, Illustration mit AI erstellt.

Systematix Institutional Equities set a INR 12,425 target for Bajaj Auto stock on October 13, 2026, while the company prepares to report second-quarter and half-year results. As BusinessToday reported, Systematix retained a buy view and cited export strength, premiumization and improving earnings as supports.

Three recent operating signals

On June 30, 2026, Bajaj Auto reported consolidated revenue of INR 216.89 billion for the first quarter of fiscal 2027, up 65.00 percent year over year. Sahi also reported consolidated net profit of INR 32.26 billion, up 45.90 percent year over year.

On September 30, 2026, total sales reached 538,443 units, up 5.00 percent year over year. Export sales rose 32.00 percent to 243,987 units, while domestic sales fell 9.00 percent to 294,456 units, giving the business a clear geographic split ahead of the next report.

On October 13, 2026, Systematix cited a INR 12,425 target and said higher raw-material costs could pressure second-quarter margins. The firm also highlighted new launches, Chetak electric-vehicle profitability and the KTM-Triumph integration as items to monitor.

What will the October results test?

Sahi reported that Bajaj Auto will consider unaudited standalone and consolidated results for the second quarter and half-year ended September 30, 2026, on October 27, 2026. The central test is whether export growth can continue to offset domestic weakness while the company protects its first-quarter margin profile.

Two October dates matter

The board meeting is scheduled for October 27, 2026, and the Q2 results conference call is also scheduled for October 27, 2026, at 7:15 p.m. IST, according to BusinessToday. The combined schedule places domestic demand, export momentum and margin resilience at the center of the next disclosure.

Market value and listing

Bajaj Auto's market capitalization was INR 2.9 trillion as of October 13, 2026, while its 52-week range was INR 8,605.00 to INR 12,470.00 on the NSE. The company operates across motorcycles, three-wheelers and electric vehicles, so the upcoming figures will show whether export-led growth is broadening beyond its established motorcycle base.