Bajaj Auto Q2 FY27 Results: Oct 27 board meet ahead

Bajaj Auto has scheduled a board meeting on October 27, 2026 to consider and approve its unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. The disclosure, made to stock exchanges, sets up a key date for investors tracking how the company balances domestic softness with export momentum. Recent September sales have been mixed, with domestic volumes declining year-on-year while exports grew sharply. Against that operating backdrop, brokerage estimates and the company’s recent Q1 performance are shaping expectations for Q2.

Board meeting and regulatory filing details

The company informed BSE that its Board of Directors will meet on 27/10/2026. The agenda includes considering and approving the unaudited standalone and consolidated financial results for Q2 and the half-year ended 30 September 2026. The exchange filing did not mention any dividend decision or an earnings call schedule. Still, the meeting date provides a clear marker for when Q2 numbers are expected to be made public.

Axis Securities’ Q2FY27 preview: what it expects from OEMs

In its Q2FY27 earnings preview note, Axis Securities projected that original equipment manufacturers (OEMs) under its coverage will deliver about 28% year-on-year (YoY) revenue growth and 12% YoY profit after tax (PAT) growth. Within that coverage set, Bajaj Auto was highlighted as a top pick in the note shared in the provided data. The estimates frame the quarter as one where topline growth remains healthy, while profit growth is relatively more modest at the sector level.

Bajaj Auto Q2FY27 estimates: revenue, PAT, and margins

Axis Securities estimated Bajaj Auto’s Q2FY27 revenue at ₹18,762 crore, up 25.7% YoY from ₹14,922 crore. PAT is projected to rise 24% YoY to ₹3,076 crore. The brokerage expects EBITDA margin to be flat YoY at 20.5%, but down 40 basis points quarter-on-quarter from 20.8% in Q1FY27. The note attributed the sequential margin pressure to costlier aluminium and other metals, partly offset by stronger export volumes.

What September 2026 sales indicate before Q2 results

Bajaj Auto’s September 2026 total sales were 538,443 units, up 5% YoY versus 510,504 units a year earlier. However, domestic sales fell 9% YoY to 294,456 units from 325,000 units. Exports rose 32% YoY to 243,000 units in September from 185,000 units in the prior-year month. The month’s overall growth was below expectations mentioned in the provided text, where the market was looking for around 11% to 12% YoY growth.

Q1FY27 recap: profit jump, revenue surge, and exports milestone

The company’s most recent reported quarter showed strong momentum. Bajaj Auto shares rose 2.5% after it reported a 46% YoY jump in Q1FY27 net profit to ₹3,226 crore, while revenue surged 65% YoY to ₹21,689 crore. The quarter was also described as having record quarterly volumes and improved realisations across segments. Exports delivered the strongest-ever quarter, crossing 700,000 units for the first time.

Key watch: margin resilience versus metal costs

A central issue flagged in the preview is the impact of higher aluminium and other metal costs. Axis Securities expects this to weigh on margins sequentially, even as exports provide partial support. The provided text also points to market focus on whether Bajaj Auto can maintain its “stellar” EBITDA margins from Q1FY27, which were referenced at around 21% in commentary. With Q2 expected EBITDA margin at 20.5% by Axis Securities, the margin line will be closely watched for confirmation of cost pressures and pricing discipline.

Market impact: what could drive near-term stock reaction

The data points to a mixed near-term setup. September volumes showed domestic weakness alongside strong export growth, which can influence expectations for the quarter’s mix and profitability. Commentary in the provided text suggested near-term stock movement could remain range-bound due to domestic volumes slightly underperforming Street expectations. At the same time, strong export momentum and stable realisations were highlighted as positive triggers that can support valuation.

Snapshot of key numbers and dates

Longer-term context: FY26 and Q4FY26 reference points

The provided data also referenced Bajaj Auto’s record Q4 FY26 standalone results, with net profit of ₹2,746 crore and revenue of ₹16,000 crore. For FY26, full-year revenue was reported at ₹58,732 crore, up 17% YoY, and PAT at ₹9,825 crore, up 21% YoY. These figures offer context for how the company entered FY27, after a year of growth and a strong close to FY26.

Why Oct 27 matters for investors

The October 27 board meeting will effectively lock in the timing of Bajaj Auto’s Q2FY27 earnings disclosure. Investors are tracking whether exports can continue to cushion operating performance amid domestic competition and shifting festive timelines referenced in the text. With Q1’s sharp profit and revenue growth still fresh, the Q2 print will be read for confirmation on demand mix, cost pressures, and the sustainability of margins around the 20% level. The last earnings date shown in the provided data was Q1 FY26-27 on 21 July 2026, making Oct 27 the next scheduled milestone for reported numbers.

Conclusion

Bajaj Auto’s scheduled October 27, 2026 board meeting sets the stage for its Q2FY27 results and half-year update. Axis Securities expects Q2 revenue of ₹18,762 crore and PAT of ₹3,076 crore, with EBITDA margin at 20.5% amid higher metal costs and supportive exports. September sales underline the mix issue, with domestic volumes down 9% YoY while exports rose 32% YoY. The next confirmed step is the board’s consideration and approval of Q2 and half-year financials on October 27.