Bajaj Finserv Ltd. is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.[1]
Revenue SplitLife Insurance: 25% in FY22 vs 55% in FY18General Insurance: 28% in FY22 vs 0% in FY18Retail Financing: 45% in FY22 vs 43% in FY18Investment:1% in FY22 vs 2% in FY18.[1][2][3]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Bajaj Finserv | 2049.20 | 228.43 | 327423.89 | 0.05 | 1085.18 | 19.57 | 1472.51 | 20.98 | 27.44 | 2042.34 | 86.97 | 1433.36 | 1085.18 | 32.76 | 20.55 | 0.00 |
| 2. | Bajaj Holdings | 11118.00 | 17.46 | 123732.22 | 0.84 | 1689.88 | 8.54 | 396.87 | 42.21 | 9.82 | 993.12 | 84.19 | 7086.77 | 1559.02 | 1.82 | 9.32 | 0.00 |
| 3. | Choice Intl. | 780.70 | 92.48 | 16768.56 | 0.00 | 56.46 | 20.12 | 274.43 | 10.93 | 19.95 | 970.65 | 33.78 | 181.33 | 55.23 | 13.12 | 7.36 | 0.40 |
| 4. | JM Financial | 143.69 | 12.03 | 13741.59 | 1.88 | 261.89 | 16.30 | 1031.28 | -13.37 | 9.39 | 4252.68 | 62.07 | 1142.26 | 270.00 | 1.33 | 2.87 | 1.10 |
| 5. | Edelweiss.Fin. | 107.88 | 24.03 | 10210.55 | 1.39 | 175.45 | 16.49 | 1860.87 | -33.43 | 13.27 | 8241.71 | 34.17 | 424.89 | 128.41 | 2.31 | 1.28 | 4.40 |
| 6. | Kama Holdings | 2743.15 | 10.73 | 8802.93 | 1.23 | 390.28 | 90.10 | 3672.21 | 6.38 | 11.75 | 15404.48 | 21.18 | 820.53 | 197.02 | 1.15 | 5.72 | 0.60 |
| 7. | Pilani Invest. | 5158.50 | 197.16 | 5711.62 | 0.29 | 44.71 | -42.46 | 129.47 | 5.41 | 1.75 | 296.73 | 88.17 | 28.97 | 44.71 | 0.34 | 0.55 | 0.13 |
| â | Median: 15 Co. | 284.9 | 19.47 | 2024.62 | 0.05 | 41.85 | 19.57 | 286.86 | 10.93 | 9.71 | 975.75 | 33.78 | 82.05 | 39.95 | 1.8 | 3.64 | 0.4 |
Standalone figures in âš crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 33 | 49 | 71 | 595 | 909 | 434 | 31 | 44 | 65 | 671 | 1,011 | 1,217 | 1,473 |
Expenses | 43 | 49 | 65 | 54 | 59 | 64 | 37 | 39 | 61 | 46 | 52 | 60 | 77 |
Operating Profit | -10 | 0 | 6 | 541 | 850 | 371 | -6 | 5 | 4 | 625 | 959 | 1,157 | 1,396 |
Other Income | 17 | 8 | 10 | 8 | 9 | 20 | 20 | 11 | 9 | 18 | 8 | 10 | 9 |
Profit before tax | 6 | 7 | 15 | 549 | 857 | 389 | 14 | 14 | 12 | 643 | 967 | 1,166 | 1,403 |
Tax % | 20% | 40% | 27% | 26% | 26% | 15% | 31% | 45% | 35% | 24% | 22% | 22% | 23% |
Net Profit | 5 | 4 | 11 | 404 | 633 | 330 | 9 | 8 | 8 | 485 | 754 | 908 | 1,085 |
EPS in Rs | 0.03 | 0.03 | 0.07 | 2.53 | 3.96 | 2.06 | 0.06 | 0.05 | 0.05 | 3.05 | 4.73 | 5.68 | 6.79 |
Standalone Figures in âš Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 154 | 209 | 249 | 163 | 252 | 448 | 815 | 392 | 696 | 1,147 | 1,733 | 2,299 | 2,042 |
Expenses | 49 | 51 | 55 | 60 | 84 | 121 | 130 | 142 | 162 | 170 | 193 | 245 | 266 |
Operating Profit | 105 | 158 | 194 | 103 | 168 | 327 | 685 | 250 | 535 | 978 | 1,540 | 2,054 | 1,776 |
Other Income | 3 | 2 | 2 | 2 | 0 | 0 | -0 | -0 | 33 | 0 | 1 | -1 | 48 |
Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 3 | 1 | 1 | 1 | 2 | 3 | 5 | 4 | 3 | 3 | 4 | 5 |
Profit before tax | 106 | 158 | 195 | 104 | 167 | 326 | 682 | 245 | 563 | 975 | 1,537 | 2,049 | 1,819 |
Net Profit | 84 | 126 | 163 | 70 | 142 | 307 | 667 | 179 | 424 | 733 | 1,170 | 1,559 | 1,433 |
EPS in Rs | 0.52 | 0.79 | 1.03 | 0.44 | 0.89 | 1.93 | 4.19 | 1.12 | 2.67 | 4.60 | 7.33 | 9.76 | 8.97 |
Dividend Payout % | 33% | 22% | 17% | 40% | 20% | 13% | 12% | 27% | 15% | 17% | 14% | 10% | â |
Standalone figures in âš crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 159 | 159 | 160 | 160 |
Reserves | 2,383 | 2,481 | 2,616 | 2,686 | 2,800 | 3,055 | 3,456 | 3,721 | 4,289 | 5,089 | 6,410 | 8,212 | 9,836 |
Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 74 | 80 | 51 | 48 | 47 | 58 | 65 | 68 | 70 | 70 | 82 | 153 | 228 |
Total Liabilities | 2,537 | 2,640 | 2,747 | 2,814 | 2,927 | 3,193 | 3,600 | 3,869 | 4,438 | 5,318 | 6,651 | 8,525 | 10,223 |
Fixed Assets | 70 | 75 | 75 | 74 | 73 | 73 | 158 | 159 | 110 | 115 | 113 | 127 | 126 |
Gross Block | 348.00 | 356.84 | 356.83 | 356.42 | 356.99 | 358.64 | 446.10 | 450.83 | 401.84 | 408.96 | 410.06 | 426.67 | â |
Accumulated Depreciation | 277.68 | 281.73 | 281.68 | 282.47 | 283.83 | 285.22 | 287.72 | 292.27 | 291.54 | 293.68 | 297.03 | 299.92 | â |
CWIP | 1 | 1 | 1 | 1 | 8 | 33 | 0 | 2 | 4 | 4 | 4 | 5 | 6 |
Investments | 2,427 | 2,514 | 2,379 | 2,666 | 2,758 | 2,937 | 3,340 | 3,495 | 4,191 | 5,078 | 6,401 | 7,884 | 9,558 |
Other Assets | 40 | 51 | 292 | 73 | 87 | 149 | 102 | 213 | 133 | 120 | 132 | 509 | 533 |
Total Assets | 2,537 | 2,640 | 2,747 | 2,814 | 2,927 | 3,193 | 3,600 | 3,869 | 4,438 | 5,318 | 6,651 | 8,525 | 10,223 |
Standalone Figures in âš Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 84 | 39 | 96 | 42 | 142 | 312 | 639 | 169 | 611 | 788 | 1,344 | 1,724 |
Cash from Investing Activity | -55 | -15 | 179 | -264 | -104 | -237 | -575 | -149 | -565 | -805 | -1,304 | -1,723 |
Cash from Financing Activity | -24 | -28 | -55 | -1 | -28 | -28 | -119 | -0 | -48 | 3 | -25 | -4 |
Net Cash Flow | 5 | -4 | 221 | -223 | 11 | 48 | -56 | 20 | -3 | -14 | 14 | -3 |
Standalone Figures in âš Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 2 | 7 | 12 | 1 | 6 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
Inventory Days | â | â | â | â | â | â | â | â | â | â | â | â |
Days Payable | â | â | â | â | â | â | â | â | â | â | â | â |
Cash Conversion Cycle | 2 | 7 | 12 | 1 | 6 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
Working Capital Days | -126 | -80 | 1 | 17 | 23 | 18 | 11 | 25 | 23 | 15 | 7 | 54 |
ROCE % | 4% | 6% | 7% | 4% | 6% | 11% | 20% | 7% | 13% | 20% | 26% | 27% |
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