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
14.15
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
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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 3d agoAI opinion · based on fundamentals
Risk medium
Bajaj Holdings & Investment Ltd is a nearly debt-free financial services holding company with a market cap of ₹1,27,887 Cr, trading at a PE of 14.1x. The company has delivered 30% TTM sales growth and 27% TTM profit growth, though its ROE remains modest at around 12% and a significant portion of earnings comes from other income of ₹8,137 Cr.
Bull Case 8
- Company is virtually debt-free, providing strong balance sheet resilience and financial flexibility
- TTM revenue growth of 30% indicates robust momentum in income generation from its investment portfolio
- Compounded profit growth of 27% on a TTM basis shows accelerating earnings trajectory
- PE ratio of 14.1x is relatively modest for a large-cap financial services company with ₹1,27,887 Cr market cap
- Consistent 5-year stock CAGR of 24% and 10-year CAGR of 20% demonstrate long-term wealth creation
- Healthy dividend payout of 19.5% with a current dividend yield of 1.7% provides regular income to shareholders
- 3-year compounded sales growth of 29% and 5-year profit CAGR of 17% reflect sustained multi-year performance
- Price-to-book ratio of 1.74x suggests the stock is not excessively priced relative to its book value for a holding company
Bear Case 7
- ROE of only 12% over 3 years and 12.4% recently is low for a financial services entity, indicating suboptimal capital efficiency
- Other income of ₹8,137 Cr forms a significant portion of earnings, raising questions about core operational income quality
- Stock has declined 17% over the past 1 year, underperforming broader markets significantly
- As a holding company, valuation is subject to holding company discount with limited direct operational control over subsidiaries
- Low tax rate raises concerns about sustainability of reported earnings and potential future tax normalization
- ROE has remained stagnant at 12% across 3-year, 5-year, and 10-year periods with no improvement trajectory
- Earnings are heavily dependent on mark-to-market gains and dividend income from group companies, making them vulnerable to market cycles
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d 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 on July 31, 2026, along with reappointment of key directors.
TL;DR: Bajaj Holdings delivered a strong Q1FY27 with 28% consolidated profit growth and rewarded shareholders with a ₹130 dividend. No visible headwinds in recent news flow. The holding company benefits from robust performance at its associates (Bajaj Finance, Bajaj Finserv), and the trend remains positive heading into FY27.
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 ₹126051.03 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 14.15. 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