Bajaj Holdings & Investment Ltd
Incorporated in 2024, Bajaj Holdings & Investment Ltd is an Investment and Credit Company[1]
- Market Cap ₹ 1,59,601 Cr.
- Current Price ₹ 14,341
- High / Low ₹ 14,873 / 8,821
- Stock P/E 24.5
- Book Value ₹ 5,633
- Dividend Yield 0.65 %
- ROCE 9.94 %
- ROE 11.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 21.4%
Cons
- Stock is trading at 2.55 times its book value
- The company has delivered a poor sales growth of 9.47% over past five years.
- Tax rate seems low
- Company has a low return on equity of 12.3% over last 3 years.
- Earnings include an other income of Rs.6,279 Cr.
- Working capital days have increased from 244 days to 548 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
423 | 524 | 470 | 842 | 420 | 431 | 435 | 457 | 484 | 522 | 1,702 | 684 | |
23 | 40 | 42 | 215 | 65 | 85 | 134 | 106 | 117 | 142 | 140 | 180 | |
Operating Profit | 400 | 484 | 429 | 628 | 355 | 347 | 301 | 352 | 367 | 380 | 1,562 | 505 |
OPM % | 94% | 92% | 91% | 75% | 85% | 80% | 69% | 77% | 76% | 73% | 92% | 74% |
5 | 35 | 7 | 8 | 2,390 | 2,827 | 3,058 | 3,451 | 3,896 | 4,673 | 5,967 | 6,279 | |
Interest | -0 | -0 | -0 | -0 | -0 | -0 | 13 | 4 | 3 | 7 | 2 | 1 |
Depreciation | 5 | 6 | 5 | 5 | 5 | 4 | 33 | 34 | 34 | 34 | 34 | 34 |
Profit before tax | 400 | 513 | 430 | 630 | 2,739 | 3,170 | 3,314 | 3,766 | 4,226 | 5,012 | 7,493 | 6,748 |
Tax % | 20% | 19% | 21% | 21% | 3% | 4% | 7% | 3% | 2% | 1% | 2% | 2% |
1,988 | 2,029 | 2,265 | 2,473 | 2,655 | 3,048 | 3,080 | 3,654 | 4,126 | 4,946 | 7,365 | 6,626 | |
EPS in Rs | 178.59 | 182.33 | 203.54 | 222.22 | 238.54 | 273.90 | 268.84 | 327.95 | 364.41 | 435.83 | 652.98 | 585.90 |
Dividend Payout % | 17% | 19% | 16% | 15% | 17% | 12% | 15% | 12% | 32% | 28% | 20% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 9% |
3 Years: | 12% |
TTM: | -60% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 17% |
3 Years: | 17% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 41% |
3 Years: | 46% |
1 Year: | 61% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 11,888 | 13,282 | 15,182 | 17,707 | 25,090 | 26,841 | 27,652 | 37,056 | 42,731 | 44,071 | 54,136 | 62,576 |
-0 | -0 | -0 | -0 | -0 | -0 | 168 | 136 | 114 | 93 | 63 | 31 | |
449 | 500 | 178 | 71 | 68 | 56 | 4,797 | 8,186 | 10,632 | 8,913 | 10,851 | 12,547 | |
Total Liabilities | 12,448 | 13,893 | 15,472 | 17,889 | 25,269 | 27,008 | 32,729 | 45,490 | 53,588 | 53,188 | 65,161 | 75,266 |
532 | 544 | 544 | 222 | 215 | 193 | 374 | 342 | 310 | 278 | 244 | 203 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 11,325 | 13,078 | 13,276 | 17,364 | 24,575 | 26,257 | 32,068 | 44,914 | 52,964 | 52,555 | 64,715 | 73,808 |
592 | 271 | 1,651 | 302 | 478 | 558 | 287 | 234 | 314 | 355 | 203 | 1,254 | |
Total Assets | 12,448 | 13,893 | 15,472 | 17,889 | 25,269 | 27,008 | 32,729 | 45,490 | 53,588 | 53,188 | 65,161 | 75,266 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
872 | 796 | 1,147 | -923 | 1,631 | 628 | 1,920 | 272 | 1,610 | 1,728 | 1,941 | -1,957 | |
-519 | -464 | 1,019 | -372 | -1,123 | -163 | -800 | -308 | -151 | -137 | -472 | 3,054 | |
-326 | -391 | -761 | -110 | -434 | -536 | -1,028 | -37 | -1,460 | -1,587 | -1,455 | -1,055 | |
Net Cash Flow | 27 | -59 | 1,406 | -1,406 | 74 | -72 | 92 | -73 | -1 | 4 | 14 | 43 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 4 | 5 | 8 | 5 | 0 | -0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | -0 | -0 | 4 | 5 | 8 | 5 | 0 | -0 |
Working Capital Days | -323 | -278 | -48 | 31 | 120 | 299 | 78 | 67 | 160 | 172 | 11 | 548 |
ROCE % | 4% | 4% | 3% | 4% | 13% | 12% | 11% | 10% | 9% | 10% | 13% | 10% |
Documents
Announcements
- Closure of Trading Window 1d
-
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Result For The Quarter Ended 30 June 2025
1d - Board meeting on 6 Aug 2025 to approve Q1 FY26 results; trading window closed 1 Jul-8 Aug 2025.
-
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.
-
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.
-
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.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
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