Finance
Valuation | |
|---|---|
| Market Cap | 3.23 LCr |
| Price/Earnings (Trailing) | 33.33 |
| Price/Sales (Trailing) | 2.17 |
| EV/EBITDA | 5.88 |
| Price/Free Cashflow | -5.26 |
| MarketCap/EBT | 12.46 |
| Enterprise Value | 3.21 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 1.49 LCr |
| Rev. Growth (Yr) | 23.9% |
| Earnings (TTM) | 19.2 kCr |
| Earnings Growth (Yr) | -1% |
Profitability | |
|---|---|
| Operating Margin | 18% |
| EBT Margin | 17% |
| Return on Equity | 14.14% |
| Return on Assets | 2.71% |
| Free Cashflow Yield | -19.02% |
Growth & Returns | |
|---|---|
| Price Change 1W | 0.00% |
| Price Change 1M | 1.1% |
| Price Change 6M | 5.1% |
| Price Change 1Y | 9.4% |
| 3Y Cumulative Return | 13.1% |
| 5Y Cumulative Return | 14.5% |
| 7Y Cumulative Return | 18.9% |
| 10Y Cumulative Return | 28.1% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -7.99 kCr |
| Cash Flow from Operations (TTM) | -62.11 kCr |
| Cash Flow from Financing (TTM) | 70.19 kCr |
| Cash & Equivalents | 2.32 kCr |
| Free Cash Flow (TTM) | -63.44 kCr |
| Free Cash Flow/Share (TTM) | -397.02 |
Balance Sheet | |
|---|---|
| Total Assets | 7.08 LCr |
| Total Liabilities | 5.72 LCr |
| Shareholder Equity | 1.36 LCr |
| Net PPE | 4.17 kCr |
| Inventory | 0.00 |
| Goodwill | 802.84 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.05 |
| Interest/Cashflow Ops | -1.43 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1 |
| Dividend Yield | 0.05% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 0.30% |
Investor Care | |
|---|---|
| Dividend Yield | 0.05% |
| Dividend/Share (TTM) | 1 |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | 60.7 |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 57.84 |
| RSI (5d) | 97.68 |
| RSI (21d) | 53.23 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Sell |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Profitability: Recent profitability of 13% is a good sign.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Growth: Good revenue growth. With 92.9% growth over past three years, the company is going strong.
Smart Money: Smart money has been increasing their position in the stock.
Insider Trading: Significant insider selling noticed recently.
Profitability: Recent profitability of 13% is a good sign.
Size: It is among the top 200 market size companies of india.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Growth: Good revenue growth. With 92.9% growth over past three years, the company is going strong.
Smart Money: Smart money has been increasing their position in the stock.
Insider Trading: Significant insider selling noticed recently.
Updated Jan 19, 2026
Despite the rise, Bajaj Finserv remains 8.93% below its 52-week high of 2,194.65 rupees, reached on October 23rd.
The significant gap from its recent highs raises concerns about the stock's ability to recover fully.
Investors will be watching closely to see if the stock can regain its upward momentum amidst this uncertainty.
Summary of Bajaj Finserv's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the Q4 FY2025 earnings conference call, Bajaj Finserv Limited's management provided a positive outlook for the upcoming year, highlighting a cautiously optimistic approach towards growth despite external market challenges. Key forward-looking points include:
Growth Projections: The management expressed an expectation of returning to growth in the second half of FY2026. They emphasized that while geopolitical factors could introduce volatility, they are preparing to capitalize on opportunities in the market.
Financial Performance: The consolidated total income for Q4 FY2025 grew by 14% to Rs.36,596 crores from Rs.32,042 crores the previous year, with consolidated PAT increasing by 14% to Rs.2,417 crores from Rs.2,119 crores.
Insurance Segment Updates:
Capital Adequacy and Solvency: Both insurance companies have robust solvency ratios, with BALIC at 359% and BAGIC at 325%, indicating they are well-positioned to navigate any adverse conditions.
Lending Businesses: Bajaj Finance Limited reported a 26% growth in AUM, reaching Rs.4,16,661 crores. The lending segment is poised for expansion, with profit after tax rising 17% to Rs.4,480 crores.
Market Positioning: The management highlighted that while there has been some market share fluctuation in certain businesses, their diversified model and focus on core strengths will support resilient performance.
Technological Innovations: They continue to invest in technology and customer experience, with a significant focus on leveraging digital platforms in both insurance and lending sectors, aiming for increased efficiencies and customer satisfaction.
Overall, the management's forward-looking statements underscore their confidence in maintaining a competitive edge through strategic adjustments and a focus on long-term growth potential.
Understand Bajaj Finserv ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| BAJAJ HOLDINGS AND INVESTMENT LIMITED | 38.35% |
| JAMNALAL SONS PRIVATE LIMITED | 8.56% |
| SBI EQUITY HYBRID FUND | 2.72% |
| MAHARASHTRA SCOOTERS LTD | 2.37% |
| LICI ASM NON PAR | 1.81% |
| BAJAJ SEVASHRAM PRIVATE LIMITED | 1.67% |
| ICICI PRUDENTIAL NIFTY 50 INDEX FUND | 1.51% |
Detailed comparison of Bajaj Finserv against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCE | Bajaj Finance | 6.38 LCr | 79.39 kCr | +8.30% | +21.90% | 28.24 | 8.03 | - | - |
| SHRIRAMFIN | Shriram Finance | 2.01 LCr |
Comprehensive comparison against sector averages
BAJAJFINSV metrics compared to Finance
| Category | BAJAJFINSV | Finance |
|---|---|---|
| PE | 33.51 | 15.74 |
| PS | 2.18 | 2.68 |
| Growth | 15.4 % | 14.1 % |
Bajaj Finserv is a holding company based in Pune, India, with the stock ticker BAJAJFINSV and a market capitalization of ₹327,267.4 crores. Established in 2007, the company specializes in providing a wide range of financial services through its subsidiaries across various segments.
In addition to Life Insurance and General Insurance, Bajaj Finserv is active in sectors such as Windpower, Retail Financing, and Investments and Others. The firm offers an extensive array of loan products, including personal, business, home, car, gold loans, and mortgages. They also finance two- and three-wheelers, education, and provide solutions for small and medium-sized enterprises and professionals.
Bajaj Finserv further enhances its offerings with investment products like fixed deposits, systematic deposit plans, and mutual funds, along with wealth management and retirement planning services. Their insurance products cover life, health, motor, and more, while healthcare services encompass both outpatient and inpatient care.
Additionally, the company operates 138 windmills with a total capacity of 65.2 megawatts, showcasing its commitment to renewable energy. With a trailing twelve months revenue of ₹129,267.6 crores, Bajaj Finserv is a profitable enterprise, having reported a profit of ₹16,886.2 crores over the past four quarters and achieving a remarkable revenue growth of 99% over the last three years.
Investors benefit from the company's profitability, receiving dividends with a yield of 0.11% per year, and an annual return of ₹1.8 per share. However, it is important to note that Bajaj Finserv has diluted its shareholders by 401.7% over the past three years.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
BAJAJFINSV vs Finance (2021 - 2026)
Shares of Bajaj Finserv Ltd. rose by 0.30% to 1,998.65 Indian rupees on Monday, benefiting from a generally favorable market environment.
Analyst / Investor Meet • 11 Feb 2026 Transcript of conference call held in respect of the financial results for the quarter and nine months ended 31 December 2025. |
General • 07 Feb 2026 We wish to provide you the information pertaining to unlisted insurance subsidiaries of the Company. |
Analyst / Investor Meet • 05 Feb 2026 The audio recording of the conference call held today at 10:00 a.m. IST for the financial results of the quarter and nine months ended 31 December 2025 has been uploaded on the website of the Company. |
Issue of Securities • 04 Feb 2026 The Board approved issue of securities to Bajaj Finserv ESOP Trust. |
Investor Presentation • 04 Feb 2026 Investor Presentation for the quarter and nine months ended 31 December 2025. |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
1. Question by Avinash Singh:
"Do you see changes in your retention strategy with the new capital position and changes in cross-border insurance regulation?"
Answer:
"We believe retention should improve with our strong capital base and solvency. Our approach to writing risks remains robust, and while we have historically retained less due to bulky businesses like crop insurance, our capacity has increased. If market conditions allow, we may enhance our retention strategy, balancing growth with risk management."
2. Question by Swarnabh Mukherjee:
"Can you comment on BAGIC's combined ratio and the increase in expense ratio due to broker-driven growth?"
Answer:
"Our underwriting loss was minimal at Rs.3 crores, indicating strong performance. The elevated combined ratio stemmed primarily from the reduction in gross written premium (GWP) and not from a deterioration in underwriting. The commission growth relates to a higher proportion of new business, but this should normalize over the fiscal year."
3. Question by Madhukar Ladha:
"How do you foresee APE and VNB growth for BALIC over the next few years?"
Answer:
"We anticipate gradual growth in APE and VNB. Our agency business has reset, and while initial muted growth is expected, we are on a trajectory to improve VNB margins significantly later this year, given the strategic product changes we've implemented."
4. Question by Sanketh Godha:
"How reliable is the tender-based business for BAGIC, considering it constitutes 25% of total GWP?"
Answer:
"Our tender-based business is aligned with industry norms, representing a reasonable portion of GWP. While this can be unpredictable, we have consistently managed to retain a substantial market share and will continue to do so, employing a careful strategy in lower-margin areas while pursuing suitable tenders."
5. Question by Umang Shah:
"What percentage of APE comes from your largest banca partner, and how do you see this changing with its potential acquisition of another insurer?"
Answer:
"Our largest banca partner contributes about 22% to our business. While they are expanding, we have strategically maintained our market position and do not expect a significant impact on profitability, given our diversified partnerships."
This summary reflects key inquiries and responses from the Q&A session, highlighting the strategic outlook and performance metrics amidst ongoing market dynamics.
| BACHHRAJ AND COMPANY PRIVATE LIMITED | 1.46% |
| NIRAJ BAJAJ | 1.15% |
| BACHHRAJ FACTORIES PRIVATE LIMITED | 0.68% |
| MANISH KEJRIWAL | 0.42% |
| Niravnayan Bajaj Family Trust (Niraj Bajaj) | 0.34% |
| Geetika Shekhar Bajaj Trust (Shekhar Bajaj) | 0.33% |
| NIRAVNAYAN TRUST (NIRAJ BAJAJ) | 0.27% |
| KIRAN BAJAJ | 0.25% |
| SANJIVNAYAN BAJAJ | 0.23% |
| Nimisha Bajaj Family Trust (Kumud Bajaj) | 0.22% |
| Neelima Bajaj Family Trust (Kumud Bajaj) | 0.21% |
| NIRAJ BAJAJ | 0.18% |
| GEETIKA BAJAJ | 0.16% |
Distribution across major stakeholders
Distribution across major institutional holders
| 47.12 kCr |
| +8.60% |
| +94.30% |
| 21.92 |
| 4.26 |
| - |
| - |
| SBILIFE | SBI Life Insurance Co. | 1.89 LCr | - | -1.70% | +38.30% | - | - | - | - |
| HDFCLIFE | HDFC LIFE INSURANCE Co. | 1.65 LCr | - | -6.20% | +10.70% | - | - | - | - |
| CHOLAFIN | Cholamandalam Investment and Finance Co. | 1.44 LCr | 30.11 kCr | +1.20% | +22.90% | 29.69 | 4.79 | - | - |
| ICICIPRULI | ICICI Prudential Life Insurance Co. | 89.7 kCr | - | -3.80% | +8.90% | - | - | - | - |
| SUNDARMFIN | SUNDARAM FINANCE | 58.77 kCr | 9.58 kCr | +4.70% | +17.60% | 28.33 | 6.13 | - | - |
| M&MFIN | Mahindra & Mahindra Financial Services | 50.52 kCr | 20.42 kCr | +2.40% | +28.60% | 20.47 | 2.47 | - | - |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
| Total Expenses |
| 9.2% |
| 33,404 |
| 30,581 |
| 28,248 |
| 30,603 |
| 26,233 |
| 27,741 |
| Employee Expense | 5.3% | 3,564 | 3,386 | 3,194 | 3,147 | 3,020 | 3,009 |
| Finance costs | 4.8% | 7,232 | 6,901 | 6,807 | 6,396 | 6,276 | 6,046 |
| Depreciation and Amortization | 0.9% | 330 | 327 | 317 | 339 | 288 | 275 |
| Fees and commission expenses | 6.4% | 2,778 | 2,610 | 2,384 | 2,626 | 2,149 | 2,121 |
| Impairment on financial instruments | 59.8% | 3,639 | 2,277 | 2,113 | 2,322 | 2,028 | 1,899 |
| Other expenses | 5.2% | 15,860 | 15,080 | 13,433 | 15,773 | 12,473 | 14,391 |
| Profit Before exceptional items and Tax | -7.6% | 6,304 | 6,822 | 7,203 | 5,993 | 5,808 | 5,963 |
| Exceptional items before tax | - | -379.49 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | -13.2% | 5,925 | 6,822 | 7,203 | 5,993 | 5,808 | 5,963 |
| Current tax | -8.4% | 1,854 | 2,023 | 2,109 | 1,187 | 1,488 | 1,721 |
| Deferred tax | -639% | -295.46 | 56 | -234.08 | 59 | -88.88 | 64 |
| Tax expense | -25% | 1,559 | 2,079 | 1,874 | 1,246 | 1,400 | 1,786 |
| Total profit (loss) for period | -8% | 4,368 | 4,746 | 5,329 | 4,756 | 4,412 | 4,180 |
| Other comp. income net of taxes | 88.5% | -166.59 | -1,456.82 | -332.35 | 365 | -593.27 | 1,141 |
| Total Comprehensive Income | 27.7% | 4,201 | 3,290 | 4,997 | 5,122 | 3,819 | 5,321 |
| Reserve excluding revaluation reserves | - | - | - | - | - | - | - |
| Earnings Per Share, Basic | -0.8% | 14 | 14.1 | 17.5 | 15.1 | 14 | 13.1 |
| Earnings Per Share, Diluted | -0.8% | 13.8 | 13.9 | 17.3 | 15 | 13.9 | 13 |
| -8.7% |
| 22 |
| 24 |
| 23 |
| 29 |
| 24 |
| 39 |
| Other income | 8.8% | 38 | 35 | 71 | 105 | 68 | 35 |
| Total Expenses | 27% | 250 | 197 | 173 | 166 | 147 | 133 |
| Employee Expense | 24.6% | 158 | 127 | 114 | 112 | 102 | 85 |
| Depreciation and Amortization | 31.5% | 4.26 | 3.48 | 3.2 | 4.22 | 4.68 | 2.9 |
| Other expenses | 30.3% | 87 | 67 | 56 | 50 | 40 | 46 |
| Profit Before exceptional items and Tax | 33.3% | 2,049 | 1,537 | 975 | 563 | 245 | 682 |
| Total profit before tax | 33.3% | 2,049 | 1,537 | 975 | 563 | 245 | 682 |
| Current tax | 33.9% | 491 | 367 | 241 | 141 | 68 | 14 |
| Deferred tax | -161.3% | -0.96 | 0.25 | 0.98 | -2.3 | -1.52 | 1.08 |
| Tax expense | 33.9% | 491 | 367 | 242 | 139 | 66 | 15 |
| Total profit (loss) for period | 33.3% | 1,559 | 1,170 | 733 | 424 | 179 | 667 |
| Other comp. income net of taxes | -6.5% | -2.76 | -2.53 | -0.68 | -1.6 | 0.3 | -2.3 |
| Total Comprehensive Income | 33.2% | 1,556 | 1,168 | 732 | 423 | 179 | 665 |
| Reserve excluding revaluation reserves | 28.1% | 8,212 | 6,410 | 5,089 | 4,289 | 3,721 | 3,456 |
| Earnings Per Share, Basic | 39.7% | 9.8 | 7.3 | 4.6 | 13.35 | 5.6 | 20.95 |
| Earnings Per Share, Diluted | 38.1% | 9.7 | 7.3 | 4.6 | 13.3 | 5.6 | 20.95 |
| 0% |
| 122 |
| 122 |
| 108 |
| 108 |
| 109 |
| 110 |
| Capital work-in-progress | 38.3% | 5.95 | 4.58 | 4.47 | 4.47 | 4.09 | 4.09 |
| Total non-financial assets | 2.5% | 574 | 560 | 179 | - | - | - |
| Total assets | 19.9% | 10,223 | 8,525 | 8,612 | 6,651 | 6,641 | 5,318 |
| Equity share capital | 0% | 160 | 160 | 160 | 159 | 159 | 159 |
| Total equity | 19.4% | 9,995 | 8,372 | 8,302 | 6,569 | 6,472 | 5,248 |
| Total financial liabilities | -31% | 50 | 72 | 106 | - | - | - |
| Current tax liabilities | 139.7% | 152 | 64 | 186 | 17 | 122 | 17 |
| Provisions | 41.7% | 18 | 13 | 8.65 | 6.68 | 5.28 | 4.51 |
| Total non financial liabilities | 121.2% | 178 | 81 | 203 | - | - | - |
| Total liabilities | 49.3% | 228 | 153 | - | 82 | 170 | 70 |
| Total equity and liabilities | 19.9% | 10,223 | 8,525 | 8,612 | 6,651 | 6,641 | 5,318 |
| Purchase of property, plant and equipment |
| 20932.6% |
| 388 |
| 2.84 |
| 8.74 |
| 17 |
| - |
| - |
| Other inflows/outflows of cash | -94% | -1,531.94 | -789.29 | -327.56 | -580.14 | - | - |
| Net Cashflows From Investing Activities | -35.3% | -1,722.68 | -1,272.65 | -805.14 | -565.49 | - | - |
| Proceeds from issuing shares | 52.5% | 155 | 102 | 67 | 0 | - | - |
| Dividends paid | 25.4% | 159 | 127 | 64 | 48 | - | - |
| Net Cashflows From Financing Activities | 80.9% | -4.05 | -25.42 | 3.05 | -47.73 | - | - |
| Net change in cash and cash eq. | -130.2% | -2.93 | 14 | -14.38 | -2.63 | - | - |
Analyst / Investor Meet • 23 Jan 2026 Intimation of Conference Call in respect of financial results for the quarter and nine months ended 31 December 2025. |
Analysis of Bajaj Finserv's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Retail financing | 52.8% | 21.2 kCr |
| Insurance | 46.0% | 18.5 kCr |
| Investments and others | 1.2% | 466.5 Cr |
| Total | 40.2 kCr |