Dhananjay Joshi

🌟I am thrilled to present my first Equity Research Report on Bajaj Auto Ltd. 🏍️ Equity Research is not just about crunching numbers — it’s about understanding the story behind them: the business model, growth drivers, industry dynamics, and most importantly, the vision of the management steering the company. While quantitative analysis tells us what the numbers say, it is qualitative insights that reveal the true growth story of a business. 🔎 In this report, I covered a holistic view of Bajaj Auto through: 1️⃣ Company Overview 2️⃣ Global & Indian Economy Analysis 3️⃣ Industry & Sector Trends 4️⃣ Concall Insights (FY25) 5️⃣ Company Structure & Business Segments 6️⃣ Revenue & Product Mix Analysis 7️⃣ Management Review 8️⃣ Financial Statement & Ratio Analysis 9️⃣ Peers’ Activity Ratios 🔟 DuPont Analysis 1️⃣1️⃣ DCF Valuation 1️⃣2️⃣ Analyst Coverage 💡 Key Takeaway: Bajaj Auto is not just a legendary motorcycle manufacturer — it is a global mobility leader with strong domestic and international presence. From the iconic “Humara Bajaj” to the innovative Chetak EV and world’s first CNG bike – Freedom 125, Bajaj continues to combine heritage, quality, and innovation to drive future growth. ✨ This project was a tremendous learning curve for me, where I applied financial analysis, concall interpretation, sector study, and valuation techniques to evaluate a company holistically. A big thank you to Parth Verma Sir and The Valuation School for their constant guidance and support throughout this journey. This marks the small step in my equity research journey, and I look forward to uncovering many more business stories ahead. #EquityResearch #FinancialAnalysis #BajajAuto #Investing #StockMarket #CFAJourney BharatCapitAZ

I’m happy to share that I’m starting a new position as Equity Research Intern at BharatCapitAZ!!

I’m happy to share that I’ve obtained a new certification: Equity Research from The Valuation School! Thank you Parth Verma Sir and The Valuation School for adding value in my knowledge and skills.