Highlights

• Bajaj Auto's total vehicle sales increased 20% year-on-year to 461,257 units.
• Export volumes surged 34% to 213,226 units during May 2026.
• Commercial vehicle exports jumped 65% compared with the previous year.

Bajaj Auto Limited (NSE:BAJAJ-AUTO) reported total sales of 461,257 units in May 2026, representing a 20% increase from 384,621 units sold during the corresponding month last year. Growth was supported by higher domestic volumes and a significant increase in exports across both two-wheelers and commercial vehicles.

Domestic sales during the month stood at 248,031 units, compared with 225,733 units in May 2025, reflecting a 10% year-on-year increase. Export volumes rose 34% to 213,226 units from 158,888 units a year earlier. The company’s shares traded higher following the monthly sales update, with the stock gaining 0.81% during the session on June 1.

Source: Analysis by Kalkine 

Two-Wheeler Business Drives Volumes

Bajaj Auto's two-wheeler segment remained the largest contributor to overall sales. Domestic two-wheeler sales increased 9% to 209,528 units during May 2026, compared with 191,412 units in the same month last year.

Exports of two-wheelers recorded stronger growth, rising 30% to 183,676 units from 140,958 units. As a result, total two-wheeler sales reached 393,204 units, representing an 18% increase over the previous year. The performance highlights the continued contribution of overseas markets to the company's overall sales mix.

Commercial Vehicle Segment Sees Export-Led Growth

The commercial vehicle business reported total sales of 68,053 units in May 2026, up 30% from 52,251 units in the year-ago period. Domestic commercial vehicle sales grew 12% to 38,503 units, while exports surged 65% to 29,550 units compared with 17,930 units in May 2025. The export performance was one of the strongest growth drivers across the company's business segments during the month.

Year-to-Date Sales Show Momentum

For the April-May FY27 period, Bajaj Auto reported total sales of 975,049 units, reflecting a 30% increase from 750,431 units recorded during the corresponding period of FY26. Domestic sales for the two-month period increased 11% to 496,241 units, while exports rose 57% to 478,808 units. Total two-wheeler sales during April-May FY27 reached 833,157 units, up 28%, while commercial vehicle sales increased 42% to 141,892 units.

Share Performance

Bajaj Auto shares traded at INR 10,560.00 on June 1, 2026, up INR 0.96% from the previous close of INR 10,460.00. The stock opened at INR 10,500.00 and touched an intraday high of INR 10,567.00 and a low of INR 10,461.00. The VWAP stood at INR 10,521.40.

Source: Trading View

Key Risks

• Export demand may fluctuate across international markets.
• Currency movements can impact export realizations.
• Competitive pressures may affect market share.
• Rising commodity costs could influence profitability.

Summary

Bajaj Auto (NSE:BAJAJ-AUTO) reported total sales of 461,257 units in May 2026, registering 20% year-on-year growth. Export volumes increased 34% to 213,226 units, while total two-wheeler sales rose 18% and commercial vehicle sales climbed 30%. During the first two months of FY27, total sales reached 975,049 units, reflecting 30% growth compared with the corresponding period last year.

FAQs

Q: How many vehicles did Bajaj Auto sell in May 2026?
A: Bajaj Auto reported total sales of 461,257 vehicles in May 2026, up 20% year-on-year.

Q: How did Bajaj Auto's exports perform during May 2026?
A: Total exports increased 34% year-on-year to 213,226 units, led by growth across both business segments.

Q: What was Bajaj Auto's commercial vehicle sales growth in May 2026?
A: Total commercial vehicle sales increased 30% year-on-year to 68,053 units during the month.