Bajaj Holdings & Investment Ltd
Incorporated in 2024, Bajaj Holdings & Investment Ltd is an Investment and Credit Company[1]
- Market Cap ₹ 1,58,232 Cr.
- Current Price ₹ 14,218
- High / Low ₹ 14,873 / 8,498
- Stock P/E 123
- Book Value ₹ 1,741
- Dividend Yield 0.66 %
- ROCE 7.38 %
- ROE 6.76 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 70.1%
Cons
- Stock is trading at 8.17 times its book value
- The company has delivered a poor sales growth of -7.27% over past five years.
- Tax rate seems low
- Company has a low return on equity of 11.4% over last 3 years.
- Working capital days have increased from 99.7 days to 249 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Holding Company
Part of BSE 500 BSE 100 BSE 200 Nifty Next 50 Nifty 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
836 | 1,003 | 1,395 | 883 | 949 | 998 | 2,206 | 426 | 1,831 | 1,936 | 3,176 | 1,513 | |
21 | 37 | 37 | 211 | 64 | 85 | 114 | 86 | 97 | 119 | 121 | 154 | |
Operating Profit | 815 | 966 | 1,357 | 673 | 885 | 914 | 2,092 | 340 | 1,734 | 1,817 | 3,055 | 1,359 |
OPM % | 97% | 96% | 97% | 76% | 93% | 92% | 95% | 80% | 95% | 94% | 96% | 90% |
3 | 4 | 7 | 5 | 5 | 0 | 0 | 6 | 2 | 1 | 0 | 87 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 4 | 3 | 7 | 2 | 1 |
Depreciation | 5 | 5 | 5 | 5 | 5 | 4 | 32 | 32 | 32 | 32 | 32 | 32 |
Profit before tax | 814 | 964 | 1,359 | 672 | 884 | 910 | 2,048 | 310 | 1,701 | 1,779 | 3,021 | 1,413 |
Tax % | 10% | 10% | 6% | 20% | 10% | 13% | 11% | 36% | 4% | 4% | 4% | 9% |
733 | 868 | 1,271 | 538 | 800 | 788 | 1,827 | 199 | 1,631 | 1,712 | 2,896 | 1,292 | |
EPS in Rs | 65.89 | 77.97 | 114.16 | 48.36 | 71.88 | 70.82 | 164.15 | 17.84 | 146.51 | 153.79 | 260.25 | 116.07 |
Dividend Payout % | 46% | 42% | 28% | 67% | 56% | 46% | 24% | 224% | 78% | 80% | 50% | 80% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | -7% |
3 Years: | -6% |
TTM: | -52% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -7% |
3 Years: | -7% |
TTM: | -55% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 41% |
3 Years: | 46% |
1 Year: | 66% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 | 111 |
Reserves | 5,418 | 5,852 | 6,687 | 7,225 | 10,110 | 10,878 | 10,581 | 13,905 | 15,277 | 15,554 | 18,724 | 19,261 |
0 | 0 | 0 | 0 | 0 | 0 | 168 | 136 | 114 | 93 | 63 | 31 | |
442 | 494 | 172 | 66 | 68 | 56 | 66 | 350 | 567 | 563 | 804 | 460 | |
Total Liabilities | 5,972 | 6,457 | 6,970 | 7,402 | 10,289 | 11,046 | 10,926 | 14,503 | 16,069 | 16,321 | 19,701 | 19,863 |
25 | 25 | 24 | 220 | 215 | 193 | 359 | 328 | 297 | 265 | 234 | 203 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 5,366 | 6,173 | 5,308 | 6,894 | 9,597 | 10,295 | 10,335 | 14,020 | 15,492 | 15,724 | 19,289 | 18,432 |
581 | 259 | 1,637 | 288 | 478 | 557 | 232 | 156 | 280 | 331 | 179 | 1,228 | |
Total Assets | 5,972 | 6,457 | 6,970 | 7,402 | 10,289 | 11,046 | 10,926 | 14,503 | 16,069 | 16,321 | 19,701 | 19,863 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
868 | 776 | 1,143 | -913 | 1,629 | 627 | 1,849 | 225 | 1,581 | 1,669 | 1,875 | -1,987 | |
-515 | -445 | 1,022 | -383 | -1,123 | -163 | -844 | -188 | -106 | -133 | -460 | 3,019 | |
-326 | -391 | -759 | -110 | -432 | -536 | -988 | -35 | -1,475 | -1,532 | -1,402 | -990 | |
Net Cash Flow | 27 | -59 | 1,406 | -1,406 | 74 | -72 | 17 | 2 | -0 | 4 | 13 | 42 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | -164 | -146 | -16 | 30 | 60 | 129 | 15 | 64 | 39 | 45 | 5 | 249 |
ROCE % | 15% | 17% | 21% | 10% | 10% | 9% | 19% | 3% | 11% | 11% | 17% | 7% |
Documents
Announcements
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Communication Sent To Shareholders Regarding Tax Deduction At Source (TDS) On Dividend.
11 Jun - Communication on TDS on ₹28 dividend, documentation and deadlines for shareholders' tax compliance.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Regarding The Sale Of 0.65% Of Paid Up Capital Of Bajaj Finserv Limited, An Associate Company.
6 Jun - Bajaj Holdings sold 1.04 crore Bajaj Finserv shares for Rs. 2,002.21 crore via block deal on 6 June 2025.
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Record Date For Determining Members Eligible To Receive The Final Dividend, If Approved By Shareholders
30 May - FY25 audited results, Rs.28 final dividend recommended, auditor changes, AGM on 6 Aug 2025.
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Corporate Action-Board approves Dividend
30 May - FY25 audited results approved; Rs.28 final dividend recommended; new auditors appointed; AGM on 6 Aug 2025.
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Recommendation For Appointment Of DVD And Associates As The Secretarial Auditor Of The Company
30 May - Bajaj Holdings reports FY25 audited results, recommends Rs.28/share final dividend, and appoints new auditors.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Business Overview:[1]
a) BHIL was formed after demerger from
Bajaj Auto Limited, whereby its manufacturing undertaking was transferred to the new Bajaj Auto Limited (BAL), and its strategic business undertaking consisting of wind farm business, financial services business was vested with Bajaj Finserv Limited (BFS).
b) All the businesses and all properties, assets, investments, and liabilities of erstwhile Bajaj Auto Ltd, other than the manufacturing undertaking and the strategic business undertaking, now remain with BHIL.
c) Post-demerger, BHIL holds 30%+ shares each in BAL and BFS.
d) BHIL is registered as a Systemically Important Non-deposit Non-Banking Financial Company