Bajaj Holdings & Investment Ltd

Bajaj Holdings & Investment Ltd

₹ 10,632 0.33%
08 May - close price
About

Incorporated in 2024, Bajaj Holdings & Investment Ltd is an Investment and Credit Company[1]

Key Points

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

  • Market Cap 1,18,324 Cr.
  • Current Price 10,632
  • High / Low 14,873 / 8,588
  • Stock P/E 14.5
  • Book Value 6,573
  • Dividend Yield 0.87 %
  • ROCE 11.0 %
  • ROE 12.0 %
  • 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 19.5%

Cons

  • Tax rate seems low
  • Company has a low return on equity of 12.5% over last 3 years.
  • Earnings include an other income of Rs.9,182 Cr.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
87 104 225 108 1,212 134 279 126 145 325 397 288 61
32 36 33 36 35 61 46 31 42 41 43 41 37
Operating Profit 55 68 192 72 1,177 73 233 96 103 284 353 247 24
OPM % 63% 66% 85% 67% 97% 54% 83% 76% 71% 87% 89% 86% 39%
1,326 1,375 1,479 1,602 1,563 1,554 1,335 1,694 1,695 3,428 1,630 1,846 2,278
Interest 5 1 1 1 1 0 0 0 0 0 0 0 0
Depreciation 8 8 8 8 8 8 8 8 8 8 8 8 8
Profit before tax 1,368 1,434 1,662 1,665 2,731 1,618 1,559 1,781 1,789 3,704 1,976 2,084 2,293
Tax % 1% 1% 4% 1% 1% 0% 3% 2% 2% 5% 14% 3% -12%
1,353 1,416 1,588 1,645 2,716 1,615 1,510 1,750 1,751 3,504 1,690 2,018 2,577
EPS in Rs 121.55 127.19 133.98 147.76 244.05 144.70 129.06 157.09 155.04 313.27 140.08 181.16 231.37
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
524 470 842 420 431 435 457 484 522 1,702 739 1,070
40 42 215 65 85 134 106 117 142 140 180 162
Operating Profit 484 429 628 355 347 301 352 367 380 1,562 559 907
OPM % 92% 91% 75% 85% 80% 69% 77% 76% 73% 92% 76% 85%
35 7 8 2,390 2,827 3,058 3,451 3,896 4,673 5,967 6,224 9,182
Interest 0 0 0 0 0 13 4 3 7 2 1 1
Depreciation 6 5 5 5 4 33 34 34 34 34 34 32
Profit before tax 513 430 630 2,739 3,170 3,314 3,766 4,226 5,012 7,493 6,748 10,057
Tax % 19% 21% 21% 3% 4% 7% 3% 2% 1% 2% 2% 3%
2,029 2,265 2,473 2,655 3,048 3,080 3,654 4,126 4,946 7,365 6,626 9,789
EPS in Rs 182.33 203.54 222.22 238.54 273.90 268.84 327.95 364.41 435.83 652.98 585.90 865.89
Dividend Payout % 19% 16% 15% 17% 12% 15% 12% 32% 28% 20% 16% 23%
Compounded Sales Growth
10 Years: 9%
5 Years: 19%
3 Years: 27%
TTM: 45%
Compounded Profit Growth
10 Years: 14%
5 Years: 18%
3 Years: 19%
TTM: 27%
Stock Price CAGR
10 Years: 22%
5 Years: 25%
3 Years: 15%
1 Year: -5%
Return on Equity
10 Years: 12%
5 Years: 12%
3 Years: 12%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 111 111 111 111 111 111 111 111 111 111 111 111
Reserves 13,282 15,182 17,707 25,090 26,841 27,652 37,056 42,731 44,071 54,136 62,576 73,039
0 0 0 0 0 168 136 114 93 63 31 10
500 178 71 68 56 4,797 8,186 10,632 8,913 10,851 12,547 12,027
Total Liabilities 13,893 15,472 17,889 25,269 27,008 32,729 45,490 53,588 53,188 65,161 75,266 85,187
544 544 222 215 193 374 342 310 278 244 203 181
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 13,078 13,276 17,364 24,575 26,257 32,068 44,914 52,964 52,555 64,715 73,808 84,865
271 1,651 302 478 558 287 234 314 355 203 1,254 142
Total Assets 13,893 15,472 17,889 25,269 27,008 32,729 45,490 53,588 53,188 65,161 75,266 85,187

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
796 1,147 -923 1,631 628 1,920 272 1,610 1,728 1,941 -1,957 4,780
-464 1,019 -372 -1,123 -163 -800 -308 -151 -137 -472 3,054 -3,695
-391 -761 -110 -434 -536 -1,028 -37 -1,460 -1,587 -1,455 -1,055 -1,156
Net Cash Flow -59 1,406 -1,406 74 -72 92 -73 -1 4 14 43 -71
Free Cash Flow 796 1,146 -923 1,631 628 1,916 271 1,608 1,726 1,941 -1,865 4,781
CFO/OP 171% 285% -121% 512% 209% 662% 108% 492% 493% 133% -233% 624%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0 0 0 0 0 4 5 8 5 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 4 5 8 5 0 0 0
Working Capital Days -278 -48 31 120 299 78 67 160 172 11 500 3
ROCE % 4% 3% 4% 13% 12% 11% 10% 9% 10% 13% 10% 11%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Market Value of Total Investment Portfolio
₹ Crore

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Percentage Shareholding in Bajaj Auto Ltd (BAL)
% ・Standalone data
Percentage Shareholding in Bajaj Finserv Ltd (BFS)
% ・Standalone data
Fixed Income Portfolio Yield (Year-End)
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
51.46% 51.46% 51.46% 51.46% 51.46% 51.46% 51.46% 51.46% 51.46% 51.46% 51.46% 51.46%
12.39% 11.65% 11.57% 11.53% 11.21% 10.89% 10.65% 10.56% 10.31% 10.33% 10.26% 9.62%
5.04% 5.88% 5.95% 6.09% 6.42% 6.80% 7.12% 7.30% 7.45% 7.31% 7.31% 8.08%
31.11% 31.01% 31.01% 30.90% 30.92% 30.82% 30.75% 30.69% 30.78% 30.90% 30.97% 30.85%
No. of Shareholders 63,63360,73461,27560,77465,30065,69564,33869,35472,78375,88484,23483,963

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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