Bajaj Holdings & Investment Ltd.

•

₹ 11,320-0.42%

2026-08-21

bhil.inBSE: 500490NSE: BAJAJHLDNG

Market Cap₹ 1,26,355 Cr.

Current Price₹ 11,320

High / Low₹ 13,880 / 8,588

Stock P/E0.0

Book Value₹ 2,485

Price to Book3.56

Dividend Yield1.72 %

ROCE21.3 %

ROE20.2 %

Face Value₹ 10

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ABOUT

KEY POINTS

PROS

Company has delivered good profit growth of 88.4% CAGR over last 5 years
Solid return on assets for a lender - ROA of 19.6%
Asset quality is healthy - gross NPA of just 0.0%
Company has delivered good sales growth of 53.5% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 46.1%

CONS

Recent results are weak - TTM profit is down 49.0% versus prior year
Effective tax rate is unusually low at 5.4% - earnings may be flattered
Growth is decelerating - 3Y profit CAGR (40.1%) trails the 5Y trend (88.4%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Financial ServicesFinanceFinance - NBFC

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	BAJFINANCE	1095.15	33.58	681835.39	0.55	6080.60	27.60	23165.45	20.37	10.87	70.70
2.	SHRIRAMFIN	1125.05	23.39	264722.41	0.96	3452.77	59.90	13400.43	17.46	11.49	74.63
3.	CHOLAFIN	1910.00	28.36	163126.61	0.10	1656.22	45.56	8856.29	21.89	9.70	70.07
4.	JIOFIN	244.95	78.27	161743.95	0.24	830.25	155.73	2004.47	227.28	2.11	69.71
5.	TATACAP	365.60	28.72	155192.41	0.16	16281.80	1464.16	88219.30	1051.00	8.66	75.72
6.	BAJAJHLDNG	11353.35	14.27	126355.42	1.72	2708.08	-92.27	394.33	23.34	14.81	684.72
7.	MUTHOOTFIN	2972.00	10.49	119316.43	1.01	2824.84	43.08	8671.60	36.25	15.87	83.76
8.	ABCAPITAL	408.00	27.21	111671.47	0.00	1223.85	43.85	12179.54	137.84	8.82	41.91
9.	LTF	314.90	24.80	78915.38	0.87	915.99	30.70	5212.92	22.38	8.54	62.13
10.	SBICARD	646.05	0.00	61480.86	0.39	664.44	19.51	5040.55	7.60	11.75	29.83
11.	HDBFS	691.85	26.41	57468.10	0.58	785.20	38.31	4937.90	18.71	9.09	57.98
12.	M&MFIN	382.45	16.34	53159.45	1.96	927.48	75.34	5717.91	23.09	8.63	64.82

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	94	1,659	96	90	120	1,124	115	133	290	2,496	276	49	386
	32	28	31	31	41	44	29	40	40	42	40	36	63
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	15	15	24	10	14	14	31	29	13	13	13	15	25
Interest	1	1	1	1	0	0	0	0	0	0	0	0	0
Depreciation	8	8	8	8	8	8	8	8	8	8	8	8	11
	73	1,643	86	1,219	90	1,090	114	119	2,243	2,464	245	25	349
Tax %	24.57%	4.36%	23.44%	1.21%	26.41%	3.60%	26.29%	23.62%	9.23%	11.48%	26.22%	-1141.40%	1.31%
Net Profit	55	1,571	66	1,204	66	1,051	84	91	2,036	2,181	181	310	344
	5	141	6	108	6	94	8	8	183	196	16	28	3
Equity Capital	111	111	111	111	111	111	111	111	111	111	111	111	111
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	111	111	111	111	111	111	111	111	111	111	111	111	111
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 94
: 32
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 1
Depreciation: 8
: 73
Tax %: 24.57%
Net Profit: 55
: 5
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 1,659
: 28
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 1
Depreciation: 8
: 1,643
Tax %: 4.36%
Net Profit: 1,571
: 141
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 96
: 31
Operating Profit: —
OPM %: —
Other Income: 24
Interest: 1
Depreciation: 8
: 86
Tax %: 23.44%
Net Profit: 66
: 6
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 90
: 31
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 1
Depreciation: 8
: 1,219
Tax %: 1.21%
Net Profit: 1,204
: 108
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 120
: 41
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 0
Depreciation: 8
: 90
Tax %: 26.41%
Net Profit: 66
: 6
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 1,124
: 44
Operating Profit: —
OPM %: —
Other Income: 14
Interest: 0
Depreciation: 8
: 1,090
Tax %: 3.60%
Net Profit: 1,051
: 94
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 115
: 29
Operating Profit: —
OPM %: —
Other Income: 31
Interest: 0
Depreciation: 8
: 114
Tax %: 26.29%
Net Profit: 84
: 8
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 133
: 40
Operating Profit: —
OPM %: —
Other Income: 29
Interest: 0
Depreciation: 8
: 119
Tax %: 23.62%
Net Profit: 91
: 8
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 290
: 40
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 0
Depreciation: 8
: 2,243
Tax %: 9.23%
Net Profit: 2,036
: 183
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 2,496
: 42
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 0
Depreciation: 8
: 2,464
Tax %: 11.48%
Net Profit: 2,181
: 196
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 276
: 40
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 0
Depreciation: 8
: 245
Tax %: 26.22%
Net Profit: 181
: 16
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 49
: 36
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 0
Depreciation: 8
: 25
Tax %: -1141.40%
Net Profit: 310
: 28
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 386
: 63
Operating Profit: —
OPM %: —
Other Income: 25
Interest: 0
Depreciation: 11
: 349
Tax %: 1.31%
Net Profit: 344
: 3
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 111
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	880	949	999	2,164	367	1,776	1,875	3,112	1,513	3,131	3,207
	211	64	90	114	86	97	119	121	154	158	181
Operating Profit	678	889	914	2,092	345	1,736	1,818	3,055	1,446	3,026	—
OPM %	77	94	91	97	94	98	97	98	96	97	—
Other Income	8	5	5	42	64	57	62	64	87	54	66
Interest	0	0	0	13	4	3	7	2	1	1	1
Depreciation	5	5	4	32	32	32	32	32	32	32	35
	672	884	910	2,048	310	1,701	1,779	3,021	1,413	4,977	3,083
Tax %	20	10	13	11	36	4	4	4	9	5	2
Net Profit	538	800	788	1,827	199	1,631	1,712	2,896	1,292	4,708	3,016
EPS	48	72	71	164	18	146	154	260	116	423	—
Dividend Payout %	67	56	46	24	224	78	80	50	80	46	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	48	72	71	164	18	147	154	260	116	423	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	48	72	71	164	18	147	154	260	116	423	—

Mar 2017

: 880
: 211
Operating Profit: 678
OPM %: 77
Other Income: 8
Interest: 0
Depreciation: 5
: 672
Tax %: 20
Net Profit: 538
EPS: 48
Dividend Payout %: 67
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 48
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 48

Mar 2018

: 949
: 64
Operating Profit: 889
OPM %: 94
Other Income: 5
Interest: 0
Depreciation: 5
: 884
Tax %: 10
Net Profit: 800
EPS: 72
Dividend Payout %: 56
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 72
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 72

Mar 2019

: 999
: 90
Operating Profit: 914
OPM %: 91
Other Income: 5
Interest: 0
Depreciation: 4
: 910
Tax %: 13
Net Profit: 788
EPS: 71
Dividend Payout %: 46
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 71
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 71

Mar 2020

: 2,164
: 114
Operating Profit: 2,092
OPM %: 97
Other Income: 42
Interest: 13
Depreciation: 32
: 2,048
Tax %: 11
Net Profit: 1,827
EPS: 164
Dividend Payout %: 24
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 164
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 164

Mar 2021

: 367
: 86
Operating Profit: 345
OPM %: 94
Other Income: 64
Interest: 4
Depreciation: 32
: 310
Tax %: 36
Net Profit: 199
EPS: 18
Dividend Payout %: 224
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 18
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 18

Mar 2022

: 1,776
: 97
Operating Profit: 1,736
OPM %: 98
Other Income: 57
Interest: 3
Depreciation: 32
: 1,701
Tax %: 4
Net Profit: 1,631
EPS: 146
Dividend Payout %: 78
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 147
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 147

Mar 2023

: 1,875
: 119
Operating Profit: 1,818
OPM %: 97
Other Income: 62
Interest: 7
Depreciation: 32
: 1,779
Tax %: 4
Net Profit: 1,712
EPS: 154
Dividend Payout %: 80
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 154
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 154

Mar 2024

: 3,112
: 121
Operating Profit: 3,055
OPM %: 98
Other Income: 64
Interest: 2
Depreciation: 32
: 3,021
Tax %: 4
Net Profit: 2,896
EPS: 260
Dividend Payout %: 50
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 260
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 260

Mar 2025

: 1,513
: 154
Operating Profit: 1,446
OPM %: 96
Other Income: 87
Interest: 1
Depreciation: 32
: 1,413
Tax %: 9
Net Profit: 1,292
EPS: 116
Dividend Payout %: 80
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 116
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 116

Mar 2026

: 3,131
: 158
Operating Profit: 3,026
OPM %: 97
Other Income: 54
Interest: 1
Depreciation: 32
: 4,977
Tax %: 5
Net Profit: 4,708
EPS: 423
Dividend Payout %: 46
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 423
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 423

TTM

: 3,207
: 181
Operating Profit: —
OPM %: —
Other Income: 66
Interest: 1
Depreciation: 35
: 3,083
Tax %: 2
Net Profit: 3,016
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 8%
5 Years:: 53%
3 Years:: 19%

COMPOUNDED PROFIT GROWTH

10 Years:: 14%
5 Years:: 88%
3 Years:: 40%

STOCK PRICE CAGR

10 Years:: 20%
5 Years:: 22%
3 Years:: 17%
1 Year:: -17%

RETURN ON EQUITY

10 Years:: 11%
5 Years:: 13%
3 Years:: 15%
Last Year:: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	111	111	111	111	111	111	111	111	111	111
	7,225	10,110	10,878	10,581	13,905	15,277	15,554	18,724	19,261	27,196
Trade Payables	1	0	1	4	1	4	2	3	5	4
	65	-121	-84	185	486	677	654	864	486	932
Total Liabilities	7,402	10,101	10,906	10,881	14,503	16,069	16,321	19,701	19,863	28,243
ASSETS	-	-	-	-	-	-	-	-	-	-
	7	6	6	175	147	120	92	63	36	17
	7,090	9,597	10,295	10,335	14,020	15,492	15,724	19,289	18,432	27,955
Cash & Bank	6	81	10	30	27	28	34	39	81	11
	299	417	595	341	309	429	471	310	1,315	260
Total Assets	7,402	10,101	10,906	10,881	14,503	16,069	16,321	19,701	19,863	28,243
Total Debt	0	0	0	0	0	0	0	0	0	0
Net Working Capital	1,885	229	78	301	389	359	532	1,816	9,257	1,727
Contingent Liabilities	398	424	420	421	421	423	423	423	423	267
Book Value per Share	659.20	918.48	987.46	960.78	1259.48	1382.68	1407.61	1692.42	1740.68	2453.73
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Total Debt	0	0	0	0	0	0	0	0	0	0
Net Working Capital	1,885	229	78	301	389	359	532	1,816	9,257	1,727
Contingent Liabilities	398	424	420	421	421	423	423	423	423	267
Book Value per Share	659.20	918.48	987.46	960.78	1259.48	1382.68	1407.61	1692.42	1740.68	2453.73
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00

Mar 2017

Equity Capital: 111
: 7,225
Trade Payables: 1
: 65
Total Liabilities: 7,402
: 7
: 7,090
Cash & Bank: 6
: 299
Total Assets: 7,402
Total Debt: 0
Net Working Capital: 1,885
Contingent Liabilities: 398
Book Value per Share: 659.20
Face Value: 10.00
Total Debt: 0
Net Working Capital: 1,885
Contingent Liabilities: 398
Book Value per Share: 659.20
Face Value: 10.00

Mar 2018

Equity Capital: 111
: 10,110
Trade Payables: 0
: -121
Total Liabilities: 10,101
: 6
: 9,597
Cash & Bank: 81
: 417
Total Assets: 10,101
Total Debt: 0
Net Working Capital: 229
Contingent Liabilities: 424
Book Value per Share: 918.48
Face Value: 10.00
Total Debt: 0
Net Working Capital: 229
Contingent Liabilities: 424
Book Value per Share: 918.48
Face Value: 10.00

Mar 2019

Equity Capital: 111
: 10,878
Trade Payables: 1
: -84
Total Liabilities: 10,906
: 6
: 10,295
Cash & Bank: 10
: 595
Total Assets: 10,906
Total Debt: 0
Net Working Capital: 78
Contingent Liabilities: 420
Book Value per Share: 987.46
Face Value: 10.00
Total Debt: 0
Net Working Capital: 78
Contingent Liabilities: 420
Book Value per Share: 987.46
Face Value: 10.00

Mar 2020

Equity Capital: 111
: 10,581
Trade Payables: 4
: 185
Total Liabilities: 10,881
: 175
: 10,335
Cash & Bank: 30
: 341
Total Assets: 10,881
Total Debt: 0
Net Working Capital: 301
Contingent Liabilities: 421
Book Value per Share: 960.78
Face Value: 10.00
Total Debt: 0
Net Working Capital: 301
Contingent Liabilities: 421
Book Value per Share: 960.78
Face Value: 10.00

Mar 2021

Equity Capital: 111
: 13,905
Trade Payables: 1
: 486
Total Liabilities: 14,503
: 147
: 14,020
Cash & Bank: 27
: 309
Total Assets: 14,503
Total Debt: 0
Net Working Capital: 389
Contingent Liabilities: 421
Book Value per Share: 1259.48
Face Value: 10.00
Total Debt: 0
Net Working Capital: 389
Contingent Liabilities: 421
Book Value per Share: 1259.48
Face Value: 10.00

Mar 2022

Equity Capital: 111
: 15,277
Trade Payables: 4
: 677
Total Liabilities: 16,069
: 120
: 15,492
Cash & Bank: 28
: 429
Total Assets: 16,069
Total Debt: 0
Net Working Capital: 359
Contingent Liabilities: 423
Book Value per Share: 1382.68
Face Value: 10.00
Total Debt: 0
Net Working Capital: 359
Contingent Liabilities: 423
Book Value per Share: 1382.68
Face Value: 10.00

Mar 2023

Equity Capital: 111
: 15,554
Trade Payables: 2
: 654
Total Liabilities: 16,321
: 92
: 15,724
Cash & Bank: 34
: 471
Total Assets: 16,321
Total Debt: 0
Net Working Capital: 532
Contingent Liabilities: 423
Book Value per Share: 1407.61
Face Value: 10.00
Total Debt: 0
Net Working Capital: 532
Contingent Liabilities: 423
Book Value per Share: 1407.61
Face Value: 10.00

Mar 2024

Equity Capital: 111
: 18,724
Trade Payables: 3
: 864
Total Liabilities: 19,701
: 63
: 19,289
Cash & Bank: 39
: 310
Total Assets: 19,701
Total Debt: 0
Net Working Capital: 1,816
Contingent Liabilities: 423
Book Value per Share: 1692.42
Face Value: 10.00
Total Debt: 0
Net Working Capital: 1,816
Contingent Liabilities: 423
Book Value per Share: 1692.42
Face Value: 10.00

Mar 2025

Equity Capital: 111
: 19,261
Trade Payables: 5
: 486
Total Liabilities: 19,863
: 36
: 18,432
Cash & Bank: 81
: 1,315
Total Assets: 19,863
Total Debt: 0
Net Working Capital: 9,257
Contingent Liabilities: 423
Book Value per Share: 1740.68
Face Value: 10.00
Total Debt: 0
Net Working Capital: 9,257
Contingent Liabilities: 423
Book Value per Share: 1740.68
Face Value: 10.00

Mar 2026

Equity Capital: 111
: 27,196
Trade Payables: 4
: 932
Total Liabilities: 28,243
: 17
: 27,955
Cash & Bank: 11
: 260
Total Assets: 28,243
Total Debt: 0
Net Working Capital: 1,727
Contingent Liabilities: 267
Book Value per Share: 2453.73
Face Value: 10.00
Total Debt: 0
Net Working Capital: 1,727
Contingent Liabilities: 267
Book Value per Share: 2453.73
Face Value: 10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-913	1,629	627	1,849	225	1,581	1,669	1,875	-1,987	4,673
Cash from Investing	-383	-1,123	-163	-844	-188	-106	-133	-460	3,019	-3,676
Cash from Financing	-110	-432	-536	-988	-35	-1,475	-1,532	-1,402	-990	-1,066
	-1,406	74	-72	17	2	-0	4	13	42	-70
Free Cash Flow	-913	1,629	627	1,652	225	1,580	1,669	1,875	-1,988	4,663
OCF / Net Profit	-1.70	2.04	0.80	1.01	1.13	0.97	0.98	0.65	-1.54	0.99
Cumulative 5-Year FCF	0	0	0	0	3,220	5,713	5,754	7,001	3,362	7,800
OCF / Net Profit	-1.70	2.04	0.80	1.01	1.13	0.97	0.98	0.65	-1.54	0.99
Cumulative 5-Year FCF	0	0	0	0	3,220	5,713	5,754	7,001	3,362	7,800

Mar 2017

: -913
Cash from Investing: -383
Cash from Financing: -110
: -1,406
Free Cash Flow: -913
OCF / Net Profit: -1.70
Cumulative 5-Year FCF: 0
OCF / Net Profit: -1.70
Cumulative 5-Year FCF: 0

Mar 2018

: 1,629
Cash from Investing: -1,123
Cash from Financing: -432
: 74
Free Cash Flow: 1,629
OCF / Net Profit: 2.04
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.04
Cumulative 5-Year FCF: 0

Mar 2019

: 627
Cash from Investing: -163
Cash from Financing: -536
: -72
Free Cash Flow: 627
OCF / Net Profit: 0.80
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.80
Cumulative 5-Year FCF: 0

Mar 2020

: 1,849
Cash from Investing: -844
Cash from Financing: -988
: 17
Free Cash Flow: 1,652
OCF / Net Profit: 1.01
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.01
Cumulative 5-Year FCF: 0

Mar 2021

: 225
Cash from Investing: -188
Cash from Financing: -35
: 2
Free Cash Flow: 225
OCF / Net Profit: 1.13
Cumulative 5-Year FCF: 3,220
OCF / Net Profit: 1.13
Cumulative 5-Year FCF: 3,220

Mar 2022

: 1,581
Cash from Investing: -106
Cash from Financing: -1,475
: -0
Free Cash Flow: 1,580
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 5,713
OCF / Net Profit: 0.97
Cumulative 5-Year FCF: 5,713

Mar 2023

: 1,669
Cash from Investing: -133
Cash from Financing: -1,532
: 4
Free Cash Flow: 1,669
OCF / Net Profit: 0.98
Cumulative 5-Year FCF: 5,754
OCF / Net Profit: 0.98
Cumulative 5-Year FCF: 5,754

Mar 2024

: 1,875
Cash from Investing: -460
Cash from Financing: -1,402
: 13
Free Cash Flow: 1,875
OCF / Net Profit: 0.65
Cumulative 5-Year FCF: 7,001
OCF / Net Profit: 0.65
Cumulative 5-Year FCF: 7,001

Mar 2025

: -1,987
Cash from Investing: 3,019
Cash from Financing: -990
: 42
Free Cash Flow: -1,988
OCF / Net Profit: -1.54
Cumulative 5-Year FCF: 3,362
OCF / Net Profit: -1.54
Cumulative 5-Year FCF: 3,362

Mar 2026

: 4,673
Cash from Investing: -3,676
Cash from Financing: -1,066
: -70
Free Cash Flow: 4,663
OCF / Net Profit: 0.99
Cumulative 5-Year FCF: 7,800
OCF / Net Profit: 0.99
Cumulative 5-Year FCF: 7,800

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	48.36	71.88	70.82	164.15	17.84	146.51	153.79	260.26	116.08	423.02
Book Value (₹)	659.20	918.48	987.46	960.78	1259.48	1382.68	1407.61	1692.42	1740.68	2453.73
Dividend per Share (₹)	32.50	40.00	32.50	40.00	40.00	115.00	123.00	131.00	93.00	195.00
Cash EPS (₹)	48.83	72.35	71.19	166.99	20.69	149.36	156.66	263.12	118.94	425.89
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	76.97%	93.70%	91.49%	96.69%	93.99%	97.72%	96.93%	96.11%	89.80%	94.95%
Net Margin %	61.12%	84.28%	78.92%	84.43%	54.04%	91.78%	91.28%	93.08%	85.39%	150.38%
ROE %	7.62%	9.11%	7.43%	16.85%	1.61%	11.09%	11.02%	16.79%	6.76%	20.17%
ROCE %	9.52%	10.07%	8.58%	19.01%	2.54%	11.59%	11.50%	17.52%	7.40%	21.33%
	7.49%	9.14%	7.50%	16.77%	1.56%	10.67%	10.57%	16.08%	6.53%	19.57%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	0	0	0	0	0	0	0	0	0	0
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0
	0	0	0	0	0	0	0	0	0	0
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Coverage (x)	0.00x	0.00x	0.00x	164.32x	82.56x	541.04x	257.32x	1399.53x	955.54x	6913.10x
	61.17x	6.23x	2.51x	2.32x	3.10x	3.13x	4.60x	29.27x	149.09x	35.44x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	-36.86%	7.79%	5.23%	116.66%	-83.02%	383.43%	5.56%	65.96%	-51.39%	106.95%
Operating Profit Growth %	-50.31%	31.22%	2.74%	128.96%	-83.49%	402.62%	4.70%	68.06%	-52.66%	109.29%
Net Profit Growth %	-57.64%	48.64%	-1.47%	131.78%	-89.13%	721.05%	4.97%	69.23%	-55.40%	264.43%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	69.23%	-55.40%	264.43%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	31.85x	107.43x	20.67x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	4.90x	7.16x	3.56x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.58%	0.75%	2.23%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	30.19x	95.92x	32.15x

Mar 2017

EPS (₹): 48.36
Book Value (₹): 659.20
Dividend per Share (₹): 32.50
Cash EPS (₹): 48.83
Operating Margin %: 76.97%
Net Margin %: 61.12%
ROE %: 7.62%
ROCE %: 9.52%
: 7.49%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 0.00x
: 61.17x
Revenue Growth %: -36.86%
Operating Profit Growth %: -50.31%
Net Profit Growth %: -57.64%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 71.88
Book Value (₹): 918.48
Dividend per Share (₹): 40.00
Cash EPS (₹): 72.35
Operating Margin %: 93.70%
Net Margin %: 84.28%
ROE %: 9.11%
ROCE %: 10.07%
: 9.14%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 0.00x
: 6.23x
Revenue Growth %: 7.79%
Operating Profit Growth %: 31.22%
Net Profit Growth %: 48.64%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 70.82
Book Value (₹): 987.46
Dividend per Share (₹): 32.50
Cash EPS (₹): 71.19
Operating Margin %: 91.49%
Net Margin %: 78.92%
ROE %: 7.43%
ROCE %: 8.58%
: 7.50%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 0.00x
: 2.51x
Revenue Growth %: 5.23%
Operating Profit Growth %: 2.74%
Net Profit Growth %: -1.47%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 164.15
Book Value (₹): 960.78
Dividend per Share (₹): 40.00
Cash EPS (₹): 166.99
Operating Margin %: 96.69%
Net Margin %: 84.43%
ROE %: 16.85%
ROCE %: 19.01%
: 16.77%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 164.32x
: 2.32x
Revenue Growth %: 116.66%
Operating Profit Growth %: 128.96%
Net Profit Growth %: 131.78%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 17.84
Book Value (₹): 1259.48
Dividend per Share (₹): 40.00
Cash EPS (₹): 20.69
Operating Margin %: 93.99%
Net Margin %: 54.04%
ROE %: 1.61%
ROCE %: 2.54%
: 1.56%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 82.56x
: 3.10x
Revenue Growth %: -83.02%
Operating Profit Growth %: -83.49%
Net Profit Growth %: -89.13%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 146.51
Book Value (₹): 1382.68
Dividend per Share (₹): 115.00
Cash EPS (₹): 149.36
Operating Margin %: 97.72%
Net Margin %: 91.78%
ROE %: 11.09%
ROCE %: 11.59%
: 10.67%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 541.04x
: 3.13x
Revenue Growth %: 383.43%
Operating Profit Growth %: 402.62%
Net Profit Growth %: 721.05%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 153.79
Book Value (₹): 1407.61
Dividend per Share (₹): 123.00
Cash EPS (₹): 156.66
Operating Margin %: 96.93%
Net Margin %: 91.28%
ROE %: 11.02%
ROCE %: 11.50%
: 10.57%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 257.32x
: 4.60x
Revenue Growth %: 5.56%
Operating Profit Growth %: 4.70%
Net Profit Growth %: 4.97%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 260.26
Book Value (₹): 1692.42
Dividend per Share (₹): 131.00
Cash EPS (₹): 263.12
Operating Margin %: 96.11%
Net Margin %: 93.08%
ROE %: 16.79%
ROCE %: 17.52%
: 16.08%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 1399.53x
: 29.27x
Revenue Growth %: 65.96%
Operating Profit Growth %: 68.06%
Net Profit Growth %: 69.23%
: 69.23%
P/E (x): 31.85x
P/B (x): 4.90x
Dividend Yield %: 1.58%
: 30.19x

Mar 2025

EPS (₹): 116.08
Book Value (₹): 1740.68
Dividend per Share (₹): 93.00
Cash EPS (₹): 118.94
Operating Margin %: 89.80%
Net Margin %: 85.39%
ROE %: 6.76%
ROCE %: 7.40%
: 6.53%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 955.54x
: 149.09x
Revenue Growth %: -51.39%
Operating Profit Growth %: -52.66%
Net Profit Growth %: -55.40%
: -55.40%
P/E (x): 107.43x
P/B (x): 7.16x
Dividend Yield %: 0.75%
: 95.92x

Mar 2026

EPS (₹): 423.02
Book Value (₹): 2453.73
Dividend per Share (₹): 195.00
Cash EPS (₹): 425.89
Operating Margin %: 94.95%
Net Margin %: 150.38%
ROE %: 20.17%
ROCE %: 21.33%
: 19.57%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 0.00x
Interest Coverage (x): 6913.10x
: 35.44x
Revenue Growth %: 106.95%
Operating Profit Growth %: 109.29%
Net Profit Growth %: 264.43%
: 264.43%
P/E (x): 20.67x
P/B (x): 3.56x
Dividend Yield %: 2.23%
: 32.15x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	51.46	51.46	51.46	51.46	51.46	51.46	51.46	51.46	51.46
	11.21	10.89	10.65	10.56	10.31	10.33	10.26	9.62	9.47
	6.42	6.80	7.12	7.30	7.45	7.30	7.30	8.08	8.26
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	30.92	30.84	30.76	30.69	30.78	30.90	30.97	30.85	30.81

Jun 2024

: 51.46
: 11.21
: 6.42
Government: 0.00
: 30.92

Sep 2024

: 51.46
: 10.89
: 6.80
Government: 0.00
: 30.84

Dec 2024

: 51.46
: 10.65
: 7.12
Government: 0.00
: 30.76

Mar 2025

: 51.46
: 10.56
: 7.30
Government: 0.00
: 30.69

Jun 2025

: 51.46
: 10.31
: 7.45
Government: 0.00
: 30.78

Sep 2025

: 51.46
: 10.33
: 7.30
Government: 0.00
: 30.90

Dec 2025

: 51.46
: 10.26
: 7.30
Government: 0.00
: 30.97

Mar 2026

: 51.46
: 9.62
: 8.08
Government: 0.00
: 30.85

Jun 2026

: 51.46
: 9.47
: 8.26
Government: 0.00
: 30.81

Documents

Announcements

Shareholders meeting
2026-08-03 - Bajaj Holdings & Investment Limited has submitted the Exchange a copy Srutinizer's report of Annual General Meeting held on 31 July 2026. Further, the company has informed the Exchange regarding voting results.
Shareholders meeting
2026-07-31 - Bajaj Holdings & Investment Limited has informed the Exchange regarding Proceedings of 81st Annual General Meeting held on 31 July 2026

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Nothing filed yet.