Bajaj Auto Q4 FY26: Profit jumps 34%, ₹150 dividend

Key board announcements investors are tracking

Bajaj Auto’s board has recommended a final dividend of ₹150 per equity share (face value ₹10) for the financial year ended 31 March 2026. The company said the dividend will be paid only if shareholders approve it at the upcoming Annual General Meeting (AGM). If approved, the dividend is expected to be credited or dispatched on or around 24 July 2026. The company also fixed a record date to determine eligible shareholders for the payout. In the information provided, the record date is stated as Friday, 29 May 2026. Alongside the dividend, the board also approved a share buyback proposal.

Q4 FY26 results: profit rises on exports and premium mix

Bajaj Auto reported a sharp improvement in profitability in the March quarter of FY26. Standalone net profit rose 34% year-on-year to ₹2,746.13 crore, compared with ₹2,049 crore in the same quarter last year. The report attributed the performance to strong export demand and better sales of higher-priced and premium vehicles. The company is a major Indian manufacturer in the two-wheeler and three-wheeler segments and is headquartered in Pune. The Q4 performance was described as ahead of market estimates in the source text. The results set the base for the board’s shareholder payout decisions.

Revenue growth: operations jump 31.8% year-on-year

The company’s operating performance also strengthened during the quarter. Revenue from operations rose 31.8% year-on-year to ₹16,005.7 crore in Q4 FY26, from ₹12,148 crore a year earlier. This revenue growth was presented as a key factor supporting the earnings improvement. The numbers indicate the quarter saw a meaningful expansion in top line alongside the profit jump. The report also said the company beat analyst expectations on multiple parameters, though it did not provide consensus figures. The combination of higher revenue and stronger profit supported the board’s capital return actions.

₹150 per share dividend: timeline and eligibility

The board recommended a dividend at the rate of ₹150 per share for FY26 on equity shares of face value ₹10 each. The dividend is subject to shareholder approval at the ensuing AGM, as stated in the provided text. If approved, Bajaj Auto expects to credit or dispatch the dividend on or around 24 July 2026. The record date for identifying eligible shareholders is stated as Friday, 29 May 2026. Investors generally need to be on the company’s register as of the record date to receive the dividend. The announcement is positioned as a key shareholder benefit alongside the buyback.

Buyback plan: tender offer at ₹12,000 per share

Bajaj Auto’s board approved a buyback through the tender offer route. The company approved the buyback of 46.94 lakh shares at a price of ₹12,000 per share. The total buyback size is stated as ₹5,633 crore. The report noted this buyback price was higher than the market price mentioned in the text (around ₹10,314). Such a premium price in a tender offer can influence investor participation decisions, though the provided material does not detail timelines or acceptance ratios. The buyback is presented as a major positive development for shareholders.

Data table: Q4 FY26 highlights and shareholder actions

Dividend history references included in the material

The provided content also included a separate dividend reference table for earlier years. It listed a final dividend of ₹210 per share with an ex-date and record date of 20 Jun 2025. It also listed earlier final dividends of ₹80 per share (ex-date 14 Jun 2024) and ₹140 per share in 2023, 2022, and 2021 with the respective ex-dates shown. These historical entries were presented as past dividend events, separate from the FY26 recommendation. The FY26 board recommendation in the text is ₹150 per share, with the stated record date of 29 May 2026 and expected payment around 24 July 2026.

Record date confusion: what the text shows

While multiple parts of the provided material repeat the FY26 dividend record date as 29 May 2026, another excerpt included a different record date and payout timeline. That excerpt said: “the Record Date … is Tuesday, May 12, 2026” and “The dividend will be paid on or before Thursday, June 4, 2026.” The same overall dataset also states the record date as Friday, May 29, 2026 for the ₹150 per share dividend and payment around July 24, 2026. Investors typically rely on the company’s exchange filings for the final and most accurate dates. The provided information, as supplied, contains both sets of dates.

Market impact: what changes for shareholders

The immediate impact for investors is clarity on cash returns through both dividend and buyback. The dividend recommendation sets a defined record date and an indicative payment timeline, subject to shareholder approval. The buyback, priced at ₹12,000 per share for 46.94 lakh shares, is a large capital return event with a stated size of ₹5,633 crore. The reported market price reference (around ₹10,314) highlights that the tender price is at a premium, as described in the source. Separately, the Q4 FY26 profit and revenue growth provides the operating context behind these decisions. Together, these actions and results are the main market-relevant takeaways stated in the provided text.

Why the Q4 result and payout decisions matter

The Q4 FY26 numbers show Bajaj Auto combining volume and mix-led growth with stronger profitability. A 31.8% rise in revenue from operations and a 34% rise in standalone net profit indicates that earnings expanded at a similar pace to the top line. The report specifically linked the performance to export demand and sales of costlier and premium vehicles. The board’s decision to recommend a ₹150 per share dividend and approve a buyback adds to the set of shareholder return signals. The buyback details, including the tender offer route and the ₹12,000 per share price, are central because they define how eligible shareholders may participate. The next formal step for the dividend, as stated, is shareholder approval at the AGM.

Conclusion

Bajaj Auto’s Q4 FY26 performance was marked by a 34% year-on-year rise in standalone net profit to ₹2,746.13 crore and a 31.8% jump in revenue from operations to ₹16,005.7 crore. On the back of the quarter, the board recommended a ₹150 per share dividend for FY26 and approved a tender offer buyback of 46.94 lakh shares at ₹12,000 per share, totaling ₹5,633 crore. The dividend payout is stated to be on or around 24 July 2026, subject to AGM approval, with a record date cited as 29 May 2026 in the main text. The next key milestones are the AGM vote on the dividend and the detailed buyback process disclosures as applicable.