Corporate information
Bajaj Auto Ltd. (the ‘Company’) is a company limited by shares, incorporated and domiciled in India. The Company is engaged in the business of development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers etc. and parts thereof. The Company sells its products in India as well as in various other global markets. The registered office of the Company is located at Mumbai-Pune Road, Akurdi, Pune 411035.
The consolidated financial statements comprise financial statements of Bajaj Auto Ltd. (the ‘Company’) and its subsidiaries (collectively, the ‘Group’) for the year ended 31 March 2023. The consolidated financial statements were approved for issue in accordance with a resolution of the Board of Directors of the Company on 25 April 2023.
The consolidated financial statements include results of the subsidiaries of Bajaj Auto Ltd., consolidated in accordance with Ind AS 110 ‘Consolidated Financial Statements’ and Ind AS 28 ‘Investment in Associates and Joint Ventures’.
|
Name of the Company |
Country of Incorporation |
% Shareholding of Bajaj Auto Ltd. |
% Shareholding of Non-controlling interest |
Consolidated as |
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|
|
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|
PT. Bajaj Auto Indonesia |
Indonesia |
99.25% |
0.75% |
Subsidiary |
||||
|
Bajaj Auto International Holdings BV |
Netherlands |
100.00% |
– |
Subsidiary |
||||
|
Bajaj Auto (Thailand) Ltd. |
Thailand |
100.00% |
– |
Subsidiary |
||||
|
Chetak Technology Ltd. |
India |
100.00% |
– |
Subsidiary |
||||
|
Bajaj Auto Consumer Finance Ltd. |
India |
100.00% |
– |
Subsidiary |
||||
|
Bajaj Auto Spain S.L.U. |
Spain |
100.00% |
– |
Subsidiary |
||||
|
Bajaj Do Brasil Comercio De Motocicletas Ltda |
Brazil |
100.00% |
– |
Subsidiary |
The consolidated financial statements of Bajaj Auto International Holdings BV include 49.90% interest in Pierer Bajaj AG as an associate.
- 1 Summary of significant accounting policies followed by the Company
- 2 Property, plant and equipment
- 3 Investment property
- 4 Intangible assets
- 5 Investments
- 6 Loans
- 7 Other financial assets
- 8 Other assets
- 9 Inventories
- 10 Trade receivables
- 11 Cash and cash equivalents
- 12 Other bank balances
- 13 Equity share capital
- 14 Other equity
- 15 Sales tax deferral
- 16 Provisions
- 17 Deferred tax liabilities (net)
- 18 Other non-current liabilities
- 19 Trade payables
- 20 Other financial liabilities
- 21 Other current liabilities
- 22 Revenue from operations
- 23 Other income
- 24 Changes in inventories
- 25 Employee benefits expense
- 26 Finance costs
- 27 Depreciation and amortisation expense
- 28 Other expenses
- 29 Exceptional items
- 30 Tax expense
- 31 Earnings Per Share (EPS)
- 32 Note
- 33 Ratios
- 34 Fair Value Measurement
- 35 Financial risk management
- 36 Capital management
- 37 Employee benefits
- 38 Capital commitments
- 39 Expenditure incurred on Research and Development
- 40 Other Disclosures
- 41 Related Party Transactions
- 42 Investment in an Associate
- 43 Segment Information
- 44 Disclosure in terms of Schedule III of the Companies Act, 2013
- 45 Miscellaneous
- Salient features of the financial statements of subsidiaries for the year ended 31 March 2023