BAJAJ-AUTO NSE filing

Bajaj Mobility AG H1 2026 Revenue Surges 65% to EUR 701.4 Mn

The RealCase readMedium impact Positive

Bajaj Mobility AG's H1 2026 revenue rose 65% to EUR 701.4 mn (₹6,214.1 crore). Motorcycle revenue increased 109.1% to EUR 579.6 mn. Motorcycle sales grew 91.9% to 89,004 units. The company reported a positive EBITDA of EUR 37.6 mn and EBIT of EUR 1.3 mn in Q2 2026.

Why it matters

The announcement concerns a step-down subsidiary and its financial performance. While positive, the direct impact on the parent company's consolidated financials requires further analysis of its contribution and ownership percentage.

The market read

The announcement details significant year-on-year growth in revenue, sales volume, and improved profitability metrics like EBITDA and EBIT, indicating a strong operational recovery and positive financial performance for the subsidiary.

Bajaj Auto Limited announced that its step-down subsidiary, Bajaj Mobility AG (BMAG), formerly PIERER Mobility AG, reported significant financial improvements for the first half of 2026. Group revenue increased by 65.0% to EUR 701.4 million (₹6,214.1 crore), compared to EUR 425.2 million (₹3,771.1 crore) in H1 2025. Motorcycle revenue, from brands like KTM, Husqvarna, and GASGAS, surged by 109.1% to EUR 579.6 million (₹5,138.3 crore). Motorcycle sales grew by 91.9% to 89,004 units, with a total of 147,572 motorcycles sold worldwide, including 58,568 units sold in India by Bajaj Auto Ltd.

BMAG achieved a positive EBITDA of EUR 37.6 million (₹333.4 crore) with an EBITDA margin of 5.4%, a substantial improvement from EUR -183.3 million (₹1,625.5 crore) in the prior year. EBIT also improved significantly, turning positive to EUR 1.3 million (₹11.5 crore) in Q2 2026, the first time since restructuring proceedings concluded. Free cash flow improved to EUR -22.1 million (₹196 crore). The company successfully reduced worldwide motorcycle inventory levels by 10,190 units and refinanced EUR 550 million (₹4,878 crore) of its subsidiary KTM AG, strengthening its financial foundation.

Filing to action

What to do with a filing like this

Bajaj Auto Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Bajaj Auto Limited. Read the original for the full detail.

View original filing