Bajaj Holdings & Investment Ltd
BAJAJHLDNG NSE
Bajaj Holdings & Investment Ltd
Financial Services F&ONSE: BAJAJHLDNG BSE: 500490 Holding Company
Key Fundamentals
LargecapHolding CompanyFinancial ServicesMarket Cap
1.3L Cr
Volatility
Moderate
P/E Ratio
14.21
EBITDA
₹962 Cr
Return on Equity
11.88%
Debt to Equity
0
Book Value
₹6,572.97
EPS
₹670.52
52W High
₹14,763
52W Low
₹8,588
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Bajaj Holdings & Investment Ltd insights
50 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
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 12.4% over last 3 years.
- Earnings include an other income of Rs.8,137 Cr.
Growth Rate
Revenue Growth
35.18% ↗
Net Income Growth
47.74% ↗
Cash Flow Change
344.30% ↗
ROE
30.26% ↗
ROCE
31.63% ↗
EBITDA Margin (Avg.)
9.19% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk medium
Bajaj Holdings & Investment Ltd is a ₹1,27,988 Cr market cap holding company trading at a PE of 14.2x with virtually zero debt. The company has delivered 30% TTM sales growth and 27% TTM profit growth, though its ROE remains modest at 12% and a significant portion of earnings (₹8,137 Cr) comes from other income rather than core operations.
Bull Case 8
- Company is almost debt-free, providing significant financial stability and balance sheet strength
- Compounded sales growth of 30% on a TTM basis indicates strong recent revenue momentum
- Compounded profit growth of 27% TTM and 19% over 3 years shows accelerating earnings trajectory
- PE of 14.2x is relatively modest for a financial services holding company with marquee subsidiaries like Bajaj Finance and Bajaj Finserv
- 10-year stock CAGR of 20% and 5-year CAGR of 23% reflect consistent long-term wealth creation
- Healthy dividend payout ratio of 19.5% with a current dividend yield of 1.68% provides steady income
- 5-year compounded sales growth of 20% and 10-year profit growth of 14% demonstrate sustained long-term business expansion
- Company has been actively reducing debt, improving its already conservative capital structure
Bear Case 8
- ROE of just 12% over 3, 5, and 10 years is low for a financial services entity, indicating limited return generation on equity
- Other income of ₹8,137 Cr forms a substantial portion of earnings, raising questions about core operational profitability
- Stock has declined 17% over the past 1 year, significantly underperforming broader market indices
- Price-to-book ratio of 1.74x for a holding company that primarily derives value from listed subsidiaries may imply limited margin of safety versus NAV
- Tax rate appears low, which if normalized could compress reported earnings
- As a holding company, value is largely dependent on subsidiary performance (Bajaj Finance, Bajaj Finserv) with limited direct operational control
- Consistent ROE of 12% across all timeframes suggests structural ceiling on return on equity with no improvement trend
- 52-week high and low data unavailable, limiting technical price context for recent trading range assessment
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 17h ago Positives 2
- Q1 PAT up 28% YoY Jul 31
Consolidated net profit rose 28% YoY to ₹2,706 crore in Q1FY27, driven by higher associate earnings. Standalone profit surged 77% YoY to ₹344 crore on dividend income.
- ₹130 per share dividend declared Aug 1
Shareholders approved ₹130 per share dividend at the 81st AGM held July 31, 2026, along with reappointment of key directors.
TL;DR: Bajaj Holdings delivered a strong Q1FY27 with consolidated PAT up 28% YoY, reflecting robust performance from associates Bajaj Finance and Bajaj Finserv. The ₹130 dividend signals confidence in cash flow generation. No visible headwinds in recent news flow. The trend is firmly positive, with earnings momentum from underlying subsidiaries likely to sustain near-term performance.
Quarterly Results
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 104 | 225 | 108 | 1,212 | 134 | 279 | 126 | 145 | 325 | 397 | 288 | 61 | 394 |
| Expenses | 36 | 33 | 36 | 35 | 61 | 46 | 31 | 42 | 41 | 43 | 41 | 37 | 53 |
| Operating Profit | 68 | 192 | 72 | 1,177 | 73 | 233 | 96 | 103 | 284 | 353 | 247 | 24 | 341 |
| OPM % | 66% | 85% | 67% | 97% | 54% | 83% | 76% | 71% | 87% | 89% | 86% | 39% | 87% |
| Other Income | 1,375 | 1,479 | 1,602 | 1,563 | 1,554 | 1,335 | 1,694 | 1,695 | 3,428 | 1,630 | 1,846 | 2,278 | 2,384 |
| 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 |
| PBT | 1,434 | 1,662 | 1,665 | 2,731 | 1,618 | 1,559 | 1,781 | 1,789 | 3,704 | 1,976 | 2,084 | 2,293 | 2,714 |
| Tax % | 1% | 4% | 1% | 1% | 0% | 3% | 2% | 2% | 5% | 14% | 3% | -12% | 0% |
| Net Profit | 1,416 | 1,588 | 1,645 | 2,716 | 1,615 | 1,510 | 1,750 | 1,751 | 3,504 | 1,690 | 2,018 | 2,577 | 2,708 |
| EPS in Rs | 127 | 134 | 148 | 244 | 145 | 129 | 157 | 155 | 313 | 140 | 181 | 231 | 243 |
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 524 | 470 | 842 | 420 | 431 | 435 | 457 | 484 | 522 | 1,702 | 739 | 1,121 | 1,139 |
| Expenses | 40 | 42 | 215 | 65 | 85 | 134 | 106 | 117 | 142 | 140 | 180 | 162 | 174 |
| Operating Profit | 484 | 429 | 628 | 355 | 347 | 301 | 352 | 367 | 380 | 1,562 | 559 | 959 | 965 |
| OPM % | 92% | 91% | 75% | 85% | 80% | 69% | 77% | 76% | 73% | 92% | 76% | 86% | 85% |
| Other Income | 35 | 7 | 8 | 2,390 | 2,827 | 3,058 | 3,451 | 3,896 | 4,673 | 5,967 | 6,224 | 9,130 | 8,137 |
| Interest | 0 | 0 | 0 | 0 | 0 | 13 | 4 | 3 | 7 | 2 | 1 | 1 | 1 |
| Depreciation | 6 | 5 | 5 | 5 | 4 | 33 | 34 | 34 | 34 | 34 | 34 | 32 | 35 |
| PBT | 513 | 430 | 630 | 2,739 | 3,170 | 3,314 | 3,766 | 4,226 | 5,012 | 7,493 | 6,748 | 10,057 | 9,067 |
| 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 | 8,993 |
| EPS in Rs | 182 | 204 | 222 | 239 | 274 | 269 | 328 | 364 | 436 | 653 | 586 | 866 | 796 |
| 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 | 590 |
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 | 4 |
| 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.
3
Consideration Of Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30 June 2026 31 Jul 2026
Outcome
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 Holding Company 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 ₹125950.87 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 14.21. 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 1.71%. 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 11.88%. 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