1. India Stocks

  2. •

    Financial Services

  3. •

    Financial - Conglomerates
Bajaj Finserv Ltd.

Bajaj Finserv Ltd.

BAJAJFINSV.BO
Bajaj Finserv Ltd.IN flagBombay Stock Exchange
1,854.65
INR
-31.00
- -
2.96TMarket Cap
Bajaj Finserv Ltd.
BAJAJFINSV.BO
(Bombay Stock Exchange)

Recent

price

1,854.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
25.72
35.69
45.92
54.97
67.49
128.19
152.54
182.44
236.96
310.93
349
386.56
464.04
627.07
714.4
- -
802.59
Revenue per Share
7.57
9.06
10.3
9.7
10.62
11.71
14.21
16.65
20.23
21.17
28.09
28.63
40.33
51.15
55.6
- -
61.5
Basic EPS, GAAP
1.8
- -
- -
- -
- -
- -
- -
- -
-174.21
-152.37
25.62
-217.3
-255.75
-420.25
-398.65
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
1.15
4.29
0.52
2.52
4.68
7.43
9.66
- -
- -
Dividend per Share
9.57
17.8
26.57
33.96
43.02
53.14
63.83
77.59
94.44
108.93
133.88
157.28
190.01
228.3
286.57
- -
1
Book Value per Share
36.17
48.09
68.19
79.02
93.31
119.4
141.42
191.21
223.85
312.98
358.97
408.59
477.84
640.11
790.43
- -
869.49
Tangible Book Value per Share
1,472
1,476
1,528
1,591
1,591
1,591
1,591
1,591
1,591
1,591
1,591
1,591
1,591
1,593
1,596
- -
1,594
Basic Weighted Avg Shares
37,869
52,665
70,181
87,471
107,399
203,986
242,737
290,318
377,082
494,807
555,382
615,160
738,459
998,801
1,139,989
1,278,972
1,278,972
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
185
141
217
309
382
577
726
1,599
2,261
4,568
4,985
5,627
6,778
9,001
11,703
12,914
12,914
Depreciation Expense
11,148
13,378
15,736
15,441
16,898
18,633
22,619
26,503
32,190
33,691
44,705
45,568
64,173
81,478
88,723
98,010
98,010
Net Income, GAAP
10.78
15.11
18.24
24.49
25.94
27.06
29.95
31.52
34.1
27.8
25.3
26.24
27.37
27.04
26.07
26.83
26.83
Effective Tax Rate (%)
29.44
25.4
22.42
17.65
15.73
9.13
9.32
9.13
8.54
6.81
8.05
7.41
8.69
8.16
7.78
7.66
7.66
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
37,727
69,804
93,550
113,453
190,204
264,560
438,304
556,514
845,373
1,017,722
936,925
1,189,663
1,552,461
2,032,709
2,532,073
3,613,782
3,613,782
LT Debt
54,360
73,108
108,745
130,366
153,146
194,752
232,752
312,573
365,477
508,614
582,940
663,199
775,981
1,037,758
1,284,342
1,409,653
1,409,653
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
18.57
10.36
9.85
7.6
7.19
6.61
6.04
5.87
5.5
5.82
5.81
4.76
4.62
5.25
5.23
5.08
5.08
Return on Capital (%)
120.53
66.29
47.06
32.63
27.59
24.35
24.3
23.55
23.52
20.82
23.14
19.67
23.22
24.47
21.61
42.72
42.72
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
3,208,608
- -
3,597,118
LT Finance Leases
15,750
- -
16,664
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,597
- -
1,599
Market Capitalization
3,200,321
3,250,517
2,600,037

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
23,227
- -
35,986
Accounts Receivable, Net
79,379
- -
93,321
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.25%
19.61%
9.76%
Free Cash Flow
- -
-176.37%
-10.79%
Net Income, GAAP
18.65%
17.82%
10.47%
Sales/Revenue/Turnover
20.43%
18.48%
12.19%
Total Cash Common Dividend
- -
116.06%
19.85%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
208,376
224,836
249,784
315,805
998,801
2025
269,168
291,150
268,465
311,203
1,139,989
2026
302,309
315,643
326,194
334,826
1,278,972

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12.2
12.1
13.6
- -
51.15
2025
13.4
13.1
14
15.1
55.6
2026
17.5
14.1
14
15.9
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7.43
2025
- -
- -
- -
- -
9.66
2026
- -
- -
- -
- -
- -
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Business
Bajaj Finserv Ltd. is an Indian non-banking financial services holding company that promotes and holds stakes in subsidiaries offering lending, insurance, asset management, wealth management, and related financial products and services. Its core offerings encompass consumer finance including personal loans, home loans, business loans, gold loans, loans against property and shares, new and used car finance, two-wheeler loans, doctor and lawyer loans, electronics financing, and EMI cards; deposits via fixed deposits; payments and digital services through Bajaj Pay and Bajaj Finserv Direct (Bajaj Markets), an online marketplace for loans, insurance, and investments; insurance products comprising life insurance, general insurance including motor and health, and family protection plans via Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance; investment solutions such as mutual funds through Bajaj Finserv Asset Management Company, ULIPs, and SIPs; and specialized services including rural lending, SME finance, mortgages via Bajaj Housing Finance, securities brokerage via Bajaj Broking, and healthtech via Bajaj Finserv Health. The company operates primarily across India, serving over 100 million customers nationwide through its extensive branch network and digital platforms, with additional presence in wind energy generation and emerging international technology services. Founded in 2007 following a demerger from Bajaj Auto Ltd., Bajaj Finserv is headquartered in Pune, Maharashtra, and remains controlled by the Bajaj Group, with Bajaj Holdings and Investments Ltd. as a key promoter holding a significant stake. Recent major developments include the March 2025 acquisition of Allianz SE's 26% stakes in Bajaj Allianz Life Insurance for ₹10,400 crore and Bajaj Allianz General Insurance for ₹13,780 crore, totaling ₹24,180 crore, making both entities fully consolidated under Bajaj Group ownership; incorporation of new subsidiaries in August 2025, namely Bajaj AIF Trustee Ltd. for alternative investment funds and Bajaj Technology Services Inc. in the US for software services; acquisition of Vidal Healthcare Services in early 2024 to expand Bajaj Finserv Health's outpatient network to over 100,000 hospitals; launch of Bajaj Finserv Mutual Fund operations following SEBI registration in 2023, achieving ₹16,293 crore in average assets under management by September 2024; and ongoing customer franchise growth to 110.64 million as of Q2 2026.