Bajaj Holdings & Investment Ltd
Incorporated in 2024, Bajaj Holdings & Investment Ltd is an Investment and Credit Company[1]
- Market Cap ₹ 1,18,568 Cr.
- Current Price ₹ 10,654
- High / Low ₹ 14,763 / 8,588
- Stock P/E 14.7
- Book Value ₹ 6,573
- Dividend Yield 1.36 %
- ROCE 11.0 %
- ROE 11.9 %
- 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 12.4% over last 3 years.
- Earnings include an other income of Rs.9,130 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.
Peer comparison
Financial Services Financial Services Finance Holding Company
Part of BSE 500 BSE 100 BSE 200 BSE Dollex 200 Nifty Next 50
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | 1,121 | |
| 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 | 959 |
| OPM % | 92% | 91% | 75% | 85% | 80% | 69% | 77% | 76% | 73% | 92% | 76% | 86% |
| 35 | 7 | 8 | 2,390 | 2,827 | 3,058 | 3,451 | 3,896 | 4,673 | 5,967 | 6,224 | 9,130 | |
| 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: | 20% |
| 3 Years: | 29% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 17% |
| 3 Years: | 19% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 23% |
| 3 Years: | 13% |
| 1 Year: | -23% |
| 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% | 590% |
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 | 4 |
| ROCE % | 4% | 3% | 4% | 13% | 12% | 11% | 10% | 9% | 10% | 13% | 10% | 11% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Capital Adequacy Ratio (CRAR) % ・Standalone data |
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| Share of profit from associates (Bajaj Auto + Bajaj Finserv) INR crore |
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| Stake in Bajaj Auto Ltd % |
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| Stake in Bajaj Finserv Ltd % |
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| Strategic Equity Investments Market Value INR crore |
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| Total Investment Portfolio Market Value INR crore |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Considering And Approving Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30 June 2026.
2d - Board meets 31 July 2026 to approve Q1 FY27 results; trading window closed till 2 August 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Copy of newspaper publication regarding 81st Annual General Meeting of the Company to be held on Friday, 31 July 2026 and e-voting Information.
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Business Responsibility and Sustainability Reporting (BRSR)
7 Jul - FY2026 BRSR filed with reasonable and limited assurance by SGS India Private Limited.
- Reg. 34 (1) Annual Report. 7 Jul
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Eighty-First (81St) Annual General Meeting Is Scheduled To Be Held On Friday, 31 July 2026 At 4:00 P.M. (IST) Through VC Facility /OAVM
7 Jul - 81st AGM on 31 July 2026; FY2026 annual report sent, dividend of ₹130/share recommended.
Annual reports
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Financial Year 2026
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Financial Year 2025
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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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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