Bajaj Finserv Limited

BSE: BAJAJFINSV532978ISIN INE918I01026

Financial Services
Holding Company
BSE SENSEX

Share price

₹1,755.00+36.00 (+2.09%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹2,126.95
52W low: ₹1,598.15
Off 52W high: -17.49%
1M return: +0.57%
3M return: -15.82%
6M return: -4.42%
1Y return: -15.34%
20D avg volume: 70,326
50 DMA: ₹1,811.69
200 DMA: ₹1,851.18

Key ratios Consolidated

Market cap: ₹2,81,162 Cr
Current price: ₹1,755.00
52W high / low: ₹2,126.95 / ₹1,598.15
Face value: ₹1.00
P/E: 12.87
P/B: 3.60
EPS (TTM): ₹136.34
Book value / share: ₹487.36
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 1.21
Net debt: ₹1,67,044 Cr
Interest cover: 1.95
Dividend yield: 0.09%
Dividend / share (TTM): ₹1.50
Payout: 1.10%
Cash conversion cycle: —

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	43,416	42,037	38,494	39,708	37,403	35,439	36,595	32,042	33,704	31,480	32,041	29,038
	0.00	0.00	14.35	0.00	0.00	12.26	1.07	0.00	0.00	0.21	1.09	0.00
	43,416	42,037	38,508	39,708	37,403	35,451	36,596	32,042	33,704	31,480	32,042	29,038
	34,812	33,110	31,591	33,404	30,581	28,248	30,603	26,233	27,741	25,514	26,519	23,609
	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	4,057	3,845	3,979	3,564	3,386	3,194	3,147	3,020	3,009	2,894	2,811	2,663
	8,483	7,834	7,291	7,232	6,901	6,807	6,396	6,276	6,046	5,592	5,154	4,777
	422.71	379.68	317.01	329.83	327.19	317.33	339.49	288.50	275.32	267.01	256.91	232.09
	16,947	16,133	15,054	15,860	15,080	13,433	15,773	1,765	1,702	1,772	1,721	1,607
	8,604	8,927	6,917	6,304	6,822	7,203	5,993	5,808	5,963	5,966	5,523	5,429
	0.00	0.00	0.00	-379.49	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	8,604	8,927	6,917	5,925	6,822	7,203	5,993	5,808	5,963	5,966	5,523	5,429
	2,656	2,636	1,702	1,559	2,079	1,874	1,246	—	—	—	—	—
	5,952	6,297	5,226	4,368	4,746	5,329	4,756	4,412	4,180	4,209	4,085	4,045
	17.22	19.60	15.90	14.00	14.10	17.50	15.10	14.00	13.10	13.40	13.31	13.56
Key metrics
	—	—	—	—	—	—	—	12,373	12,283	11,825	10,934	10,438
	—	—	—	—	—	—	—	38.60%	36.40%	37.60%	34.10%	35.90%
	13.70%	15.00%	13.60%	11.00%	12.70%	15.00%	13.00%	13.80%	12.40%	13.40%	12.70%	13.90%
	16.10%	18.60%	5.20%	23.90%	11.00%	12.60%	14.20%	10.30%	—	—	—	—
	25.40%	18.20%	9.90%	-1.00%	13.50%	26.60%	16.40%	9.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY19	FY18
Income statement
	1,63,654	1,50,504	1,33,821	—	82,071	68,406	42,604	30,599
	14.35	26.61	1.07	—	0.77	32.90	1.57	0.54
	1,63,669	1,50,530	1,33,822	—	82,072	68,439	42,606	30,599
	1,32,917	1,23,284	1,10,092	—	65,262	57,168	34,452	24,289
	0.00	0.00	0.00	—	0.00	0.00	—	—
	0.00	0.00	0.00	—	0.00	0.00	—	—
	15,445	14,122	12,070	—	8,767	6,560	3,802	1,492
	30,840	28,232	24,310	—	12,201	9,498	6,540	4,551
	1,449	1,291	1,170	—	677.80	562.73	226.09	103.43
	63,994	59,427	55,879	—	5,899	4,107	3,018	2,199
	30,752	27,246	23,730	—	16,810	11,271	8,153	6,310
	-379.49	-379.49	0.00	—	0.00	0.00	0.00	0.00
	30,373	26,867	23,730	—	16,810	11,271	8,153	6,310
	8,552	7,214	6,191	—	—	—	2,781	1,970
	21,843	19,669	17,558	—	12,210	8,314	5,374	4,340
	66.72	61.30	55.60	—	40.30	286.30	202.30	—
Key metrics
	—	—	—	—	29,689	21,332	14,920	10,965
	—	—	—	—	36.20%	31.20%	35.00%	35.80%
	13.35%	13.10%	13.10%	—	14.90%	12.20%	12.60%	14.20%
	15.67%	12.50%	—	—	20.00%	60.60%	39.20%	—
	13.50%	12.00%	—	—	46.90%	54.70%	23.80%	—
	—	-56,316	-63,436	—	—	—	—	—
	—	-2.81	-3.54	—	—	—	—	—
	—	1.21	1.03	—	—	—	—	—
	—	1,67,044	1,26,286	—	—	—	—	—
Balance sheet
	—	7,58,498	6,52,232	—	—	—	—	—
	—	3,599	5,817	—	—	—	—	—
	—	9,332	8,319	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	4,364	4,157	—	—	—	—	—
	—	1,70,643	1,32,103	—	—	—	—	—
	—	1,40,965	1,28,434	—	—	—	—	—
Cash flow
	—	-55,301	-62,113	—	—	—	—	—
	—	-12,635	-7,987	—	—	—	—	—
	—	66,610	70,191	—	—	—	—	—
	—	1,014	1,323	—	—	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	2,006	1,534	46.73	62.62	1,473	434.37	64.64	70.82	1,217	909.11	43.63	49.40
	41.49	8.30	23.49	8.42	8.77	19.91	9.28	9.57	10.03	8.63	10.64	7.90
	2,047	1,542	70.22	71.04	1,481	454.28	73.92	80.39	1,227	917.74	54.27	57.30
	125.02	116.39	83.69	68.85	78.05	65.16	62.26	65.84	61.39	60.30	39.97	49.93
	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	66.86	60.06	52.82	49.32	54.16	46.82	33.53	42.25	41.73	40.57	29.25	32.10
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	17.85	13.39	1.55	1.39	1.35	1.31	1.55	0.91	0.91	0.89	0.88	0.89
	40.31	42.94	29.32	18.14	22.54	17.03	27.18	22.68	18.75	18.84	9.84	16.94
	1,922	1,426	-13.47	2.19	1,403	389.12	11.66	14.55	1,166	857.44	14.30	7.37
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1,922	1,426	-13.47	2.19	1,403	389.12	11.66	14.55	1,166	857.44	14.30	7.37
	463.60	307.91	-29.48	1.57	318.05	59.20	4.09	—	—	—	—	—
	1,459	1,118	16.01	0.62	1,085	329.92	7.57	10.69	907.57	633.04	7.82	4.39
	9.11	6.99	0.10	0.00	6.80	2.10	0.00	0.10	5.70	4.00	0.05	0.03
Key metrics
	—	—	—	—	—	—	—	15.46	1,167	858.33	15.18	8.26
	—	—	—	—	—	—	—	21.80%	95.90%	94.40%	34.80%	16.70%
	72.70%	72.90%	34.30%	1.00%	73.70%	76.00%	11.70%	15.10%	74.60%	69.60%	17.90%	8.90%
	36.20%	253.10%	-27.70%	-11.60%	21.00%	-52.20%	48.20%	43.40%	—	—	—	—
	34.40%	238.70%	111.50%	-94.20%	19.60%	-47.90%	-3.20%	143.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY19	FY18
Income statement
	3,649	2,016	2,262	1,699	1,076	623.83	423.05	239.76
	81.70	60.59	37.51	34.62	71.14	105.17	25.51	12.48
	3,730	2,077	2,299	1,734	1,148	729.00	448.56	252.24
	393.95	295.75	249.79	196.99	172.99	165.78	122.57	85.45
	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	229.06	203.12	158.08	126.83	114.21	111.77	53.53	27.31
	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	34.18	5.60	4.26	3.48	3.20	4.22	1.55	1.36
	130.71	87.03	87.45	66.68	55.58	49.79	67.49	56.78
	3,336	1,781	2,049	1,537	974.62	563.22	325.99	166.79
	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	3,336	1,781	2,049	1,537	974.62	563.22	325.99	166.79
	743.60	349.34	490.53	—	—	—	18.82	25.45
	2,593	1,432	1,559	1,170	732.52	424.23	307.17	141.34
	16.20	9.00	9.80	7.30	4.60	26.70	19.30	—
Key metrics
	—	—	—	1,540	977.82	567.44	327.54	168.15
	—	—	—	90.60%	90.80%	91.00%	77.40%	70.10%
	71.06%	71.00%	68.90%	68.90%	68.00%	68.00%	72.60%	59.00%
	78.65%	-10.90%	33.10%	57.90%	72.60%	47.50%	76.40%	—
	80.89%	-8.20%	33.20%	59.70%	72.70%	38.10%	117.30%	—
	—	1,546	1,336	—	—	—	—	—
	—	1.12	1.11	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	-7.31	-18.04	—	—	—	—	—
Balance sheet
	—	10,350	8,525	—	—	—	—	—
	—	7.31	18.04	—	—	—	—	—
	—	0.75	1.17	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	121.92	121.90	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—
	—	10,181	8,372	—	—	—	—	—
Cash flow
	—	1,610	1,724	—	—	—	—	—
	—	-1,721	-1,723	—	—	—	—	—
	—	99.93	-4.05	—	—	—	—	—
	—	63.63	387.68	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +23.27%
Sales CAGR 5Y: —
Profit CAGR 3Y: +25.03%
Profit CAGR 5Y: —
Sales YoY (TTM): +78.65%
Profit YoY (TTM): +80.89%

Consolidated

Sales CAGR 3Y: +22.40%
Sales CAGR 5Y: —
Profit CAGR 3Y: +17.23%
Profit CAGR 5Y: —
Sales YoY (TTM): +15.67%
Profit YoY (TTM): +13.50%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 58.67%

Quarter	September 2026	June 2026
Promoter %	58.67%	58.71%

Holder	Type	Holding	Previous	Change
BAJAJ HOLDINGS AND INVESTMENT LIMITED	Promoter	38.38%	38.41%	-0.03%
JAMNALAL SONS PRIVATE LIMITED	Promoter Group	8.53%	8.54%	-0.01%
JAYA HIND INDUSTRIES PRIVATE LIMITED	Public	3.92%	3.92%	0.00%
ICICI PRUDENTIAL NIFTY ETF	Public	2.43%	—	—
MAHARASHTRA SCOOTERS LTD	Promoter Group	2.37%	2.37%	0.00%
LICI NEW PENSION PLUS SECURED FUND	Public	1.98%	—	—
SBI ARBITRAGE FUND	Public	1.68%	—	—
BAJAJ SEVASHRAM PRIVATE LIMITED	Promoter Group	1.67%	1.67%	0.00%
BACHHRAJ AND COMPANY PRIVATE LIMITED	Promoter Group	1.46%	1.46%	0.00%
Niraj Bajaj (Yamuna Trust)	Public	1.14%	1.14%	0.00%
BACHHRAJ FACTORIES PRIVATE LIMITED	Promoter Group	0.67%	0.67%	0.00%
BARODA INDUSTRIES PRIVATE LIMITED	Promoter Group	0.57%	0.57%	0.00%
MANISH KEJRIWAL	Promoter Group	0.42%	0.42%	0.00%
SUMAN JAIN	Promoter Group	0.36%	0.36%	0.00%
Niravnayan Bajaj Family Trust (Niraj Bajaj)	Promoter Group	0.34%	0.34%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bajaj Finserv Limited	2,81,162	1,755.00	12.87	—	+15.67% TTM	+13.50% TTM	-15.34%
Bajaj Holdings & Investment Limited	1,16,259	10,446.15	12.32	—	-6.95% TTM	+8.58% TTM	-13.49%
Choice International Ltd	16,617	745.90	63.05	17.80%	+33.18% TTM	+39.68% TTM	-7.83%
Edelweiss Financial Services Ltd.	11,548	122.00	16.22	—	+13.96% TTM	+28.73% TTM	+9.81%
JM Financial Limited	10,905	113.95	9.82	—	-5.25% TTM	+6.26% TTM	-31.15%
Kama Holdings Limited	6,896	2,149.05	3.18	—	+12.91% TTM	+50.72% TTM	-27.24%
Rane Holdings Ltd.	2,123	1,486.95	16.64	16.20%	+25.82% TTM	-50.72% TTM	-5.06%
BF Investment Limited	1,501	398.45	3.85	—	+22.65% TTM	+398.66% TTM	-14.60%
Balmer Lawrie Investments Ltd.	1,429	64.38	5.09	—	+8.80% TTM	+3.57% TTM	-18.45%
ABANS FINANCIAL SERVICES LIMITED	1,031	201.30	7.45	11.20%	+427.79% TTM	+18.23% TTM	-0.35%
Max India Limited	827	146.80	-6.85	-20.40%	+61.46% TTM	+19.77% TTM	-30.79%
GFL LIMITED	560	51.00	9.24	—	+10.50% TTM	+205.91% TTM	-18.40%
NISUS FINANCE SERVICES CO LIMITED	437	183.15	—	26.90%	—	—	-47.59%
TAMBOLI INDUSTRIES LIMITED	303	305.30	28.51	11.10%	+14.87% TTM	+39.87% TTM	+103.33%
ALAN SCOTT ENTERPRISES LIMITED	166	291.00	-40.61	-7.60%	+4.60% TTM	-260.15% TTM	—
BIL VYAPAR LIMITED	13	4.20	-387.49	0.00%	—	-100.59% TTM	-63.06%

Filings & corporate actions

Recent announcements

Audio recording of investors conference call held for the financial results for the quarter and half year ended 30 September 20263 Nov 2026 · Company Update / Analyst / Investor Meet
Investor presentation for the quarter and half year ended 30 September 20263 Nov 2026 · Company Update / Investor Presentation
Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 20263 Nov 2026 · Result / Financial Results
Outcome of Board meeting held on 3 November 20263 Nov 2026 · Board Meeting / Outcome of Board Meeting
Please find attached the press release issued by the unlisted material subsidiary i.e. Bajaj General Insurance Ltd.23 Oct 2026 · Company Update / Press Release / Media Release
Intimation of Conference Call in respect of financial results for the quarter and half year ended 30 September 2026.19 Oct 2026 · Company Update / Analyst / Investor Meet
We wish to inform you about the incorporation of a wholly owned subsidiary company i.e. Bajaj Reinsurance Limited.17 Oct 2026 · Company Update / Acquisition
We wish to provide information pertaining to material unlisted insurance subsidiaries.16 Oct 2026 · Company Update / General
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 September 2026.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Bajaj Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve the unaudited standalone and ....5 Oct 2026 · Board Meeting / Board Meeting
The Board has approved the subscription of warrants convertible into equivalent number of equity shares for an aggregate amount upto Rs.5,800 crore by way of preferential issue to be issued ....1 Oct 2026 · Company Update / Acquisition
Please find enclosed intimation for change in Senior Management Personnel30 Sep 2026 · Company Update / Change in Management
Closure of Trading Window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We wish to provide information pertaining to material unlisted insurance subsidiaries7 Sep 2026 · Company Update / General
Intimation for Change in the Registered Office of the Company1 Sep 2026 · Company Update / Change in Registered Office Address
Schedule of Analyst/Investors meet to be held on 20 August 2026.17 Aug 2026 · Company Update / Analyst / Investor Meet
Schedule of Analyst/Institutional meet to be held on 12 August 2026.7 Aug 2026 · Company Update / Analyst / Investor Meet
We wish to inform you about information pertaining to unlisted material insurance subsidiaries.7 Aug 2026 · Company Update / General
Please find enclosed Transcript of earnings call held on 31 July 20265 Aug 2026 · Company Update / Earnings Call Transcript
Submission of voting results and scrutiniser''s report3 Aug 2026 · AGM/EGM / AGM
The link of audio recording of the conference call held today i.e. 31 July 2026 at 05:15 p.m. IST.31 Jul 2026 · Company Update / Analyst / Investor Meet
Summary of proceedings of the 19th Annual General Meeting held on 31 July 2026.31 Jul 2026 · AGM/EGM / AGM
Please find enclosed investor presentation for Non-deal road show from 3 to 6 August 202631 Jul 2026 · Company Update / Investor Presentation
Investor presentation for the quarter ended 30 June 202631 Jul 2026 · Company Update / Investor Presentation
The Board has granted approval for pursuing re-insurance business through a subsidiary of the Company to be incorporated, subject to approval of IRDAI and other authorities, as may be necessary.31 Jul 2026 · Company Update / General
The Board approved issue of securities to Bajaj Finserv ESOP Trust.31 Jul 2026 · Company Update / Issue of Securities
Unaudited standalone and consolidated financial results for the quarter ended 30 June 202631 Jul 2026 · Result / Financial Results
The Board Meeting commenced at 10:45 a.m. and concluded at 11.50 a.m.31 Jul 2026 · Board Meeting / Outcome of Board Meeting
Revised intimation of Conference Call in respect of financial results for the quarter ended 30 June 2026.25 Jul 2026 · Company Update / Analyst / Investor Meet
Please find enclosed herewith the intimation pertaining to schedule of analyst/investor meeting to be held on 3 to 6 August 2026 at Singapore and Hong Kong.23 Jul 2026 · Company Update / Analyst / Investor Meet
Intimation of Conference Call in respect of financial results for the quarter ended 30 June 2026.20 Jul 2026 · Company Update / Analyst / Investor Meet
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 June 2026.13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We wish to inform you the details pertaining to unlisted material insurance subsidiaries.9 Jul 2026 · Company Update / General
Newspaper publication under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20159 Jul 2026 · Company Update / Newspaper Publication
Bajaj Finserv Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....8 Jul 2026 · Board Meeting / Board Meeting
Please find enclosed herewith the Business Responsibility and Sustainability Report (''BRSR'') for FY2026.8 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report for FY2026 and Notice of 19th AGM to be held on Friday, 31 July 2026 at 12:15 p.m. (IST) through Video Conferencing or Other Audio-Visual Means.8 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice of 19th AGM to be held on Friday, 31 July 2026 at 12:15 p.m. (IST) through Video Conferencing or Other Audio-Visual Means.8 Jul 2026 · AGM/EGM / AGM
Closure of Trading Window29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclose herewith copy of newspaper advertisement published on 23 June 2026 relating to 19th E-AGM.23 Jun 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.5000	30 Jun 2026	30 Jun 2026	—
Final Dividend - Rs. - 1.0000	27 Jun 2025	27 Jun 2025	—

Board meetings

3 Nov 2026 Board Meeting - Financial Results
31 Jul 2026 Board Meeting - Financial Results