Bajaj Holdings & Investment Ltd
BAJAJHLDNG NSE
Bajaj Holdings & Investment Ltd
Financial Services F&ONSE: BAJAJHLDNG BSE: 500490 Finance
Incorporated in 2024, Bajaj Holdings & Investment Ltd is an Investment and Credit Company[1]
AI Verdict: HOLD Confidence: 5%
Bajaj Holdings trades at an attractive PE of 12.1x with strong 5-year stock CAGR of 25%, but the holding company structure means earnings are heavily dependent on other income (Rs.9,182 Cr) and ROE remains modest at 12%. The 22% correction over the past year offers a better entry point, though lack of analyst coverage warrants caution.
Key Fundamentals
LargecapHolding CompanyFinancial ServicesMarket Cap
1.2L Cr
Volatility
Moderate
P/E Ratio
12.24
EBITDA
₹907 Cr
Return on Equity
11.7%
Debt to Equity
0
Book Value
₹6,572.97
EPS
₹670.52
52W High
₹14,763
52W Low
₹8,588
Technical Indicators
Key Insights
Strengths
4- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 19.5%
Weaknesses
3- Tax rate seems low
- Company has a low return on equity of 12.5% over last 3 years.
- Earnings include an other income of Rs.9,182 Cr.
Growth Rate
Revenue Growth
28.65% ↗
Net Income Growth
47.60% ↗
Cash Flow Change
-200.81% ↘
ROE
-22.05% ↘
ROCE
-22.05% ↘
EBITDA Margin (Avg.)
-88.71% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 3d agoHOLD
Risk medium
Bajaj Holdings trades at an attractive PE of 12.1x with strong 5-year stock CAGR of 25%, but the holding company structure means earnings are heavily dependent on other income (Rs.9,182 Cr) and ROE remains modest at 12%. The 22% correction over the past year offers a better entry point, though lack of analyst coverage warrants caution.
Bull Case 8
- Attractive valuation at PE of 12.1x, well below broader market multiples, offering margin of safety for a holding company with quality subsidiaries
- Strong 5-year stock CAGR of 25% and 10-year CAGR of 21% demonstrating consistent long-term wealth creation
- Company is almost debt-free, providing financial resilience and flexibility during economic downturns
- TTM sales growth of 45% signals a significant acceleration in consolidated revenue streams
- Compounded profit growth of 18% over 5 years reflects steady earnings compounding from underlying businesses
- Healthy dividend payout of 19.5% with current yield of 1.83%, providing income support during holding periods
- Price-to-book of 1.62x is reasonable for a company holding stakes in high-quality Bajaj group entities like Bajaj Finance and Bajaj Finserv
- Market cap of Rs.1,20,086 Cr with 22% correction from highs in the past year presents a potential re-rating opportunity
Bear Case 8
- Low ROE of 12% sustained over 3, 5, and 10 years indicates structurally limited return on capital deployed
- Other income of Rs.9,182 Cr dominates earnings, meaning core operational value creation is minimal for a holding company
- Zero analyst coverage with no buy, hold, or sell ratings suggests limited institutional interest and poor price discovery support
- Stock has declined 22% over the past 1 year, underperforming the broader market significantly
- Holding company discount is structural — NAV realization depends on market sentiment rather than operational performance
- Tax rate appears low, which may normalize in future quarters and compress net earnings
- 3-year stock CAGR of only 16% compared to 5-year CAGR of 25% suggests momentum deceleration in recent years
- 52-week high and low data unavailable, making technical support-resistance analysis impossible for risk management
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago Neutral 3
- 81st AGM set for July 31 Jun 23
Bajaj Holdings scheduled its 81st AGM via video conferencing on July 31, 2026, with mandatory electronic dividend payments.
- Rs 16.53 Cr block trade on NSE Jun 23
A block trade of approximately 15,072 shares was executed at Rs 10,970 per share, totaling Rs 16.53 crores, likely by institutional investors.
- TDS and bank details notice Jun 10
Company communicated to shareholders regarding TDS on final dividend and required documentation for tax exemption claims.
TL;DR: Recent news flow for Bajaj Holdings is purely administrative with no material positive or negative catalysts. The company is proceeding with routine corporate governance actions including AGM scheduling and dividend-related communications. The block trade at Rs 10,970 suggests institutional interest but is neutral in isolation. With no operational headwinds or growth triggers in the news, the near-term outlook depends on performance of underlying holdings like Bajaj Finance and Bajaj Finserv.
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 87 | 104 | 225 | 108 | 1,212 | 134 | 279 | 126 | 145 | 325 | 397 | 288 | 61 |
| Expenses | 32 | 36 | 33 | 36 | 35 | 61 | 46 | 31 | 42 | 41 | 43 | 41 | 37 |
| Operating Profit | 55 | 68 | 192 | 72 | 1,177 | 73 | 233 | 96 | 103 | 284 | 353 | 247 | 24 |
| OPM % | 63% | 66% | 85% | 67% | 97% | 54% | 83% | 76% | 71% | 87% | 89% | 86% | 39% |
| Other Income | 1,326 | 1,375 | 1,479 | 1,602 | 1,563 | 1,554 | 1,335 | 1,694 | 1,695 | 3,428 | 1,630 | 1,846 | 2,278 |
| Interest | 5 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| PBT | 1,368 | 1,434 | 1,662 | 1,665 | 2,731 | 1,618 | 1,559 | 1,781 | 1,789 | 3,704 | 1,976 | 2,084 | 2,293 |
| Tax % | 1% | 1% | 4% | 1% | 1% | 0% | 3% | 2% | 2% | 5% | 14% | 3% | -12% |
| Net Profit | 1,353 | 1,416 | 1,588 | 1,645 | 2,716 | 1,615 | 1,510 | 1,750 | 1,751 | 3,504 | 1,690 | 2,018 | 2,577 |
| EPS in Rs | 122 | 127 | 134 | 148 | 244 | 145 | 129 | 157 | 155 | 313 | 140 | 181 | 231 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 524 | 470 | 842 | 420 | 431 | 435 | 457 | 484 | 522 | 1,702 | 739 | 1,070 |
| Expenses | 40 | 42 | 215 | 65 | 85 | 134 | 106 | 117 | 142 | 140 | 180 | 162 |
| Operating Profit | 484 | 429 | 628 | 355 | 347 | 301 | 352 | 367 | 380 | 1,562 | 559 | 907 |
| OPM % | 92% | 91% | 75% | 85% | 80% | 69% | 77% | 76% | 73% | 92% | 76% | 85% |
| Other Income | 35 | 7 | 8 | 2,390 | 2,827 | 3,058 | 3,451 | 3,896 | 4,673 | 5,967 | 6,224 | 9,182 |
| Interest | 0 | 0 | 0 | 0 | 0 | 13 | 4 | 3 | 7 | 2 | 1 | 1 |
| Depreciation | 6 | 5 | 5 | 5 | 4 | 33 | 34 | 34 | 34 | 34 | 34 | 32 |
| PBT | 513 | 430 | 630 | 2,739 | 3,170 | 3,314 | 3,766 | 4,226 | 5,012 | 7,493 | 6,748 | 10,057 |
| Tax % | 19% | 21% | 21% | 3% | 4% | 7% | 3% | 2% | 1% | 2% | 2% | 3% |
| Net Profit | 2,029 | 2,265 | 2,473 | 2,655 | 3,048 | 3,080 | 3,654 | 4,126 | 4,946 | 7,365 | 6,626 | 9,789 |
| EPS in Rs | 182 | 204 | 222 | 239 | 274 | 269 | 328 | 364 | 436 | 653 | 586 | 866 |
| Div. Payout % | 19% | 16% | 15% | 17% | 12% | 15% | 12% | 32% | 28% | 20% | 16% | 23% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
| Reserves | 13,282 | 15,182 | 17,707 | 25,090 | 26,841 | 27,652 | 37,056 | 42,731 | 44,071 | 54,136 | 62,576 | 73,039 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 168 | 136 | 114 | 93 | 63 | 31 | 10 |
| Other Liabilities | 500 | 178 | 71 | 68 | 56 | 4,797 | 8,186 | 10,632 | 8,913 | 10,851 | 12,547 | 12,027 |
| Total Liabilities | 13,893 | 15,472 | 17,889 | 25,269 | 27,008 | 32,729 | 45,490 | 53,588 | 53,188 | 65,161 | 75,266 | 85,187 |
| Fixed Assets | 544 | 544 | 222 | 215 | 193 | 374 | 342 | 310 | 278 | 244 | 203 | 181 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 13,078 | 13,276 | 17,364 | 24,575 | 26,257 | 32,068 | 44,914 | 52,964 | 52,555 | 64,715 | 73,808 | 84,865 |
| Other Assets | 271 | 1,651 | 302 | 478 | 558 | 287 | 234 | 314 | 355 | 203 | 1,254 | 142 |
| Total Assets | 13,893 | 15,472 | 17,889 | 25,269 | 27,008 | 32,729 | 45,490 | 53,588 | 53,188 | 65,161 | 75,266 | 85,187 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 796 | 1,147 | -923 | 1,631 | 628 | 1,920 | 272 | 1,610 | 1,728 | 1,941 | -1,957 | 4,780 |
| Investing | -464 | 1,019 | -372 | -1,123 | -163 | -800 | -308 | -151 | -137 | -472 | 3,054 | -3,695 |
| Financing | -391 | -761 | -110 | -434 | -536 | -1,028 | -37 | -1,460 | -1,587 | -1,455 | -1,055 | -1,156 |
| Net Cash Flow | -59 | 1,406 | -1,406 | 74 | -72 | 92 | -73 | -1 | 4 | 14 | 43 | -71 |
| Free Cash Flow | 796 | 1,146 | -923 | 1,631 | 628 | 1,916 | 271 | 1,608 | 1,726 | 1,941 | -1,865 | 4,781 |
| CFO/OP | 171 | 285 | -121 | 512 | 209 | 662 | 108 | 492 | 493 | 133 | -233 | 624 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 4 | 5 | 8 | 5 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 4 | 5 | 8 | 5 | 0 | 0 | 0 |
| Working Capital Days | -278 | -48 | 31 | 120 | 299 | 78 | 67 | 160 | 172 | 11 | 500 | 3 |
| ROCE % | 4% | 3% | 4% | 13% | 12% | 11% | 10% | 9% | 10% | 13% | 10% | 11% |
Documents
1
Announcement under Regulation 30 (LODR)-Change in Directorate
7 May - Board approved FY26 audited results, recommended Rs130/share final dividend, fixed 30 Jun record date, AGM on 31 Jul 2026. 7 May - Board approved FY26 audited results, recommended Rs130/share final dividend, fixed 30 Jun record date, AGM on 31 Jul 2026.
2
Reappointment Of Independent Director Of The Company For Second Term Of Five Consecutive Years.
7 May - Board approved FY26 results, recommended Rs130 final dividend, fixed 30 June record date, AGM on 31 July 2026. 7 May - Board approved FY26 results, recommended Rs130 final dividend, fixed 30 June record date, AGM on 31 July 2026.
5
Annual General Meeting To Be Held On Friday, 31 July 2026
7 May - Board approved FY26 audited results, recommended Rs130 final dividend, fixed 30 June record date, AGM on 31 July 2026. 7 May - Board approved FY26 audited results, recommended Rs130 final dividend, fixed 30 June record date, AGM on 31 July 2026.
Frequently Asked Questions about Bajaj Holdings & Investment Ltd
What does Bajaj Holdings & Investment Ltd do?
Incorporated in 2024, Bajaj Holdings & Investment Ltd is an Investment and Credit Company[1]
Where is Bajaj Holdings & Investment Ltd (BAJAJHLDNG) listed?
Bajaj Holdings & Investment Ltd is listed on the Indian stock exchanges. It is listed on NSE: BAJAJHLDNG and BSE: 500490. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Bajaj Holdings & Investment Ltd belong to?
Bajaj Holdings & Investment Ltd operates in the Financial Services sector within the Finance industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Bajaj Holdings & Investment Ltd?
Bajaj Holdings & Investment Ltd has a market capitalisation of approximately ₹119395.68 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Bajaj Holdings & Investment Ltd?
The Price-to-Earnings (PE) ratio of Bajaj Holdings & Investment Ltd is 12.24. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Bajaj Holdings & Investment Ltd?
Over the past 52 weeks, Bajaj Holdings & Investment Ltd has traded between a low of ₹8,588 and a high of ₹14,763. This range helps investors understand the stock's price volatility and recent trading levels.
Does Bajaj Holdings & Investment Ltd pay dividends?
Yes, Bajaj Holdings & Investment Ltd has a dividend yield of 1.84%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Bajaj Holdings & Investment Ltd?
Bajaj Holdings & Investment Ltd has a Return on Equity (ROE) of 11.70%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Bajaj Holdings & Investment Ltd on Tapetide?
On Tapetide, you can view Bajaj Holdings & Investment Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2024, Bajaj Holdings & Investment Ltd is an Investment and Credit Company[1]
Website bhil.in
CEO Mr. Sanjivnayan Rahulkumar Bajaj
Employees 19
Listed 1995-03-15
Face Value ₹ 10
Issued Size 11,12,93,510