Bajaj Auto Sales Surge 14% in December 2025, Exports Jump 25%

Introduction

Bajaj Auto has reported a robust performance for December 2025, with total vehicle sales climbing 14% compared to the same month in the previous year. The growth was primarily fueled by a substantial increase in exports and solid demand for its commercial vehicles. The company sold a total of 3,69,809 units in December 2025, up from 3,23,125 units in December 2024, signaling continued momentum for the Pune-based automaker.

Detailed Sales Performance

The company's sales figures reveal a healthy mix of domestic and international business. Domestic sales saw a modest rise of 4%, reaching 1,69,373 units. However, the standout performer was the export market, which recorded a remarkable 25% year-over-year growth, with 2,00,436 units shipped. This strong export performance underscores Bajaj Auto's significant presence and growing demand in international markets across Latin America, Southeast Asia, and other regions.

Segment-Wise Breakdown

Both the two-wheeler and commercial vehicle segments contributed to the positive results. The two-wheeler division, a core part of Bajaj's portfolio, registered a 14% increase in sales, with 3,10,353 units sold. The commercial vehicle segment performed even better, posting a 17% jump in sales to 59,456 units. This indicates a strong recovery and growing demand in the commercial mobility space.

Year-to-Date and Financial Health

On a year-to-date basis, Bajaj Auto's performance remains steady with a 6% growth in total sales. The company sold 37.46 lakh units in the current fiscal year so far, compared to 35.48 lakh units during the same period last year. This consistent growth is reflected in its strong financial results. For the second quarter of fiscal year 2026 (Q2 FY26), the company reported a 53.2% increase in consolidated net profit to Rs 2,122.03 crore. Revenue from operations for the same quarter jumped 19% year-over-year to Rs 15,253.64 crore, highlighting operational efficiency and strong profitability.

Stock Market Reaction

Following the positive sales data, Bajaj Auto's stock has shown resilience. The stock was recently quoting at Rs 9,377 on the NSE, up 1.02% on a day when the benchmark NIFTY 50 index was up by 0.76%. Over the last month, Bajaj Auto's stock has gained approximately 3.09%. However, its one-year performance of 7.28% lags behind the NIFTY 50's 10.08% gain and the Nifty Auto index's impressive 21.65% jump. The stock's Price-to-Earnings (PE) ratio stands at 29.72 based on trailing twelve-month earnings.

Broader Market Context

The auto sector has been in focus, with the Nifty Auto index showing strong gains over the past year. This positive sentiment is partly driven by expectations of GST reforms, festive season demand, and a recovery in rural consumption. While Bajaj Auto has performed well, it has not kept pace with the broader sector index's rally. Meanwhile, other sectors like PSU Banks have also seen buying interest, with the Nifty PSU Bank index rising for consecutive sessions, indicating broad-based market optimism.

Analyst Outlook and Corporate Updates

Analysts have a generally positive outlook on Bajaj Auto, with an average one-year price target of ₹9,664.39. Forecasts range from a low of ₹8,080 to a high of ₹11,812.50. In recent corporate developments, the company received a tax demand of over Rs 3.5 crore from Assam authorities for FY 21-22, which it plans to appeal. On a more strategic note, the Austrian Takeover Commission approved the acquisition of Pierer Mobility AG by Bajaj Auto's subsidiary, strengthening its international partnerships, particularly with KTM.

Conclusion

Bajaj Auto's 14% sales growth in December 2025, led by strong export numbers, demonstrates its robust business model and global reach. While the company's stock performance has been steady, it has underperformed the broader Nifty Auto index. With strong financials, consistent year-to-date growth, and strategic international moves, the company is well-positioned to navigate the evolving automotive landscape. Investors will be watching to see if the strong operational performance translates into greater momentum for its stock price in the coming months.