Bajaj Holdings & Investment Ltd
Incorporated in 2024, Bajaj Holdings & Investment Ltd is an Investment and Credit Company[1]
- Market Cap ₹ 1,47,704 Cr.
- Current Price ₹ 13,272
- High / Low ₹ 14,873 / 10,004
- Stock P/E 101
- Book Value ₹ 1,741
- Dividend Yield 0.69 %
- ROCE 7.24 %
- ROE 6.64 %
- Face Value ₹ 10.0
Pros
- 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 70.1%
Cons
- Stock is trading at 7.55 times its book value
- The company has delivered a poor sales growth of -6.54% over past five years.
- Company has a low return on equity of 11.3% over last 3 years.
- Earnings include an other income of Rs.2,070 Cr.
- Working capital days have increased from 96.3 days to 239 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
836 | 1,003 | 1,395 | 883 | 949 | 998 | 2,206 | 426 | 1,831 | 1,936 | 3,176 | 1,573 | 1,682 | |
21 | 37 | 37 | 211 | 64 | 85 | 114 | 86 | 97 | 119 | 121 | 154 | 153 | |
Operating Profit | 815 | 966 | 1,357 | 673 | 885 | 914 | 2,092 | 340 | 1,734 | 1,817 | 3,055 | 1,419 | 1,529 |
OPM % | 97% | 96% | 97% | 76% | 93% | 92% | 95% | 80% | 95% | 94% | 96% | 90% | 91% |
3 | 4 | 7 | 5 | 5 | 0 | 0 | 6 | 2 | 1 | 0 | 27 | 2,070 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 4 | 3 | 7 | 2 | 1 | 1 |
Depreciation | 5 | 5 | 5 | 5 | 5 | 4 | 32 | 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 | 3,566 |
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 | 3,262 | |
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 | 293.07 |
Dividend Payout % | 46% | 42% | 28% | 67% | 56% | 46% | 24% | 224% | 78% | 80% | 50% | 80% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -7% |
3 Years: | -5% |
TTM: | -46% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -7% |
3 Years: | -8% |
TTM: | -50% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 40% |
3 Years: | 25% |
1 Year: | 27% |
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 | 239 |
ROCE % | 15% | 17% | 21% | 10% | 10% | 9% | 19% | 3% | 11% | 11% | 17% | 7% |
Documents
Announcements
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Intimation Under Regulation 42 Of The SEBI (LODR) Regulations, 2015 - Record Date
20m - Interim dividend Rs65/share; record date 22 Sep 2025; payment by 14 Oct 2025; CS appointed effective 1 Oct.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
23m - Interim dividend Rs65/share (650%) declared; record date 22 Sept 2025; payment by 14 Oct 2025; CS appointed 1 Oct 2025.
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Appointment of Company Secretary and Compliance Officer
26m - Interim dividend Rs65/share declared; record date 22 Sep 2025; payment by 14 Oct 2025; CS appointed effective 1 Oct 2025.
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Board Meeting Outcome for Board Meeting Outcome For Intimation Under Regulation 30 And Regulation 42 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 (''SEBI Listing Regulations'') - Interim Dividend
29m - Interim dividend Rs.65/share (650%); record date 22 Sep 2025; payment by 14 Oct 2025; CS appointed 1 Oct.
-
Board Meeting Intimation for Consideration Of Declaration Of Interim Dividend
10 Sep - Bajaj Holdings board meeting on 16 Sep 2025 to consider interim dividend for FY2025-26.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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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
from bse
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Financial Year 2011
from nse
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