Nifty
:
25144.30
Sensex
:
81592.45
-155.05 (-0.61%)
-318.56 (-0.39%)
Nifty
Sensex
:
:
25144.30
81592.45
-155.05 (-0.61%)
-318.56 (-0.39%)

Bajaj Finance Ltd.

Finance - NBFC

Rating :
75/99

BSE: 500034 | NSE: BAJFINANCE

NSE BSE
1117.00
13-Nov-2026
  • Open
  • High
  • Low
  • Previous Close
  •  1100
  •  1118
  •  1087.85
  •  1115.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  11898219
  •  13168357587
  •  1176.4
  •  787.9

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 6,94,318.42
  • 32.00
  • 1
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 8,65,412.81
  • 0.54%
  • 5.64

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 54.67%
  • 0.87%
  • 6.55%
  • FII
  • DII
  • Others
  • 19.78%
  • 15.09%
  • 3.04%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 23.46
  • 20.97
  • 14.25

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 23.44
  • 22.82
  • 7.26

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 26.33
  • 22.03
  • 9.58

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 37.70
  • 34.27
  • 31.89

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.49
  • 6.87
  • 5.67

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 21.03
  • 19.25
  • 15.48

Earnings Forecasts:

(Updated: 14-11-2026)
Description
2026
2027
2028
2029
Adj EPS
28.65
38.92
47.75
58.71
P/E Ratio
38.99
28.70
23.39
19.03
Revenue
69850.8
61012
74591.2
91173.2
EBITDA
44861.5
43500
49299.3
55239
Net Income
17803.9
23724.5
29559.7
35975.1
ROA
3.71
4.45
4.25
4.3
P/B Ratio
6.74
5.16
4.31
3.60
ROE
18.63
20.48
20.75
21.26
FCFF
37445.6
-
-
-
FCFF Yield
3.57
-
-
-
Net Debt
242390
486559
609899
752789
BVPS
165.85
216.43
259.33
310.17

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 26
Sep 25
Var%
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Net Sales
24,546.37
19,990.42
22.79%
23,165.45
19,372.67
19.58%
21,605.79
18,294.45
18.10%
21,213.89
18,035.13
17.63%
Expenses
7,119.55
6,118.89
16.35%
6,792.89
5,841.24
16.29%
6,553.07
5,864.83
11.74%
7,937.85
5,691.16
39.48%
EBITDA
17,426.82
13,871.53
25.63%
16,372.56
13,531.43
21.00%
15,052.72
12,429.62
21.10%
13,276.04
12,343.97
7.55%
EBIDTM
71.00%
69.39%
70.68%
69.85%
69.67%
67.94%
62.58%
68.44%
Other Income
29.45
1.96
1,402.55%
0.97
3.76
-74.20%
0.71
11.89
-94.03%
0.69
23.19
-97.02%
Interest
8,601.73
7,010.60
22.70%
7,942.09
6,916.86
14.82%
7,398.28
6,550.94
12.93%
7,338.71
6,385.63
14.93%
Depreciation
321.07
258.06
24.42%
287.55
251.49
14.34%
255.52
252.01
1.39%
243.91
219.13
11.31%
PBT
8,533.47
6,604.83
29.20%
8,143.89
6,366.84
27.91%
7,399.63
5,638.56
31.23%
5,428.89
5,762.40
-5.79%
Tax
2,170.63
1,660.37
30.73%
2,068.40
1,602.29
29.09%
1,856.54
1,101.81
68.50%
1,365.09
1,457.23
-6.32%
PAT
6,362.84
4,944.46
28.69%
6,075.49
4,764.55
27.51%
5,543.09
4,536.75
22.18%
4,063.80
4,305.17
-5.61%
PATM
25.92%
24.73%
26.23%
24.59%
25.66%
24.80%
19.16%
23.87%
EPS
10.07
7.84
28.44%
9.62
7.56
27.25%
8.79
7.22
21.75%
6.40
6.86
-6.71%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
90,531.50
81,982.38
68,805.71
54,973.89
41,410.16
31,640.45
26,689.57
26,373.77
18,487.14
12,785.86
9,966.71
Net Sales Growth
19.60%
19.15%
25.16%
32.75%
30.88%
18.55%
1.20%
42.66%
44.59%
28.29%
 
Cost Of Goods Sold
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
90,531.50
81,982.38
68,805.71
54,973.89
41,410.16
31,640.45
26,689.57
26,373.77
18,487.14
12,785.86
9,966.71
GP Margin
100.00%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
28,403.36
26,815.90
21,790.83
16,111.24
12,706.08
11,905.08
10,867.64
9,161.22
5,454.21
4,156.67
3,250.64
Power & Fuel Cost
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Employee Cost
-
8,978.53
7,508.34
6,396.01
5,100.19
3,592.44
2,498.67
2,547.96
1,938.53
1,433.62
931.67
% Of Sales
-
10.95%
10.91%
11.63%
12.32%
11.35%
9.36%
9.66%
10.49%
11.21%
9.35%
Manufacturing Exp.
-
4,537.95
3,829.74
3,251.09
2,901.34
2,498.51
1,678.05
1,620.26
1,233.56
987.62
1,034.35
% Of Sales
-
5.54%
5.57%
5.91%
7.01%
7.90%
6.29%
6.14%
6.67%
7.72%
10.38%
General & Admin Exp.
-
2,490.69
1,991.14
1,482.92
1,257.37
715.35
411.54
739.84
566.70
465.43
429.12
% Of Sales
-
3.04%
2.89%
2.70%
3.04%
2.26%
1.54%
2.81%
3.07%
3.64%
4.31%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
10,808.73
8,461.61
4,981.22
3,447.18
5,098.78
6,279.38
4,253.16
1,715.42
1,270.00
0.00
% Of Sales
-
13.18%
12.30%
9.06%
8.32%
16.11%
23.53%
16.13%
9.28%
9.93%
8.58%
EBITDA
62,128.14
55,166.48
47,014.88
38,862.65
28,704.08
19,735.37
15,821.93
17,212.55
13,032.93
8,629.19
6,716.07
EBITDA Margin
68.63%
67.29%
68.33%
70.69%
69.32%
62.37%
59.28%
65.26%
70.50%
67.49%
67.39%
Other Income
31.82
806.77
919.07
8.62
8.10
7.60
14.95
11.87
13.04
12.43
25.48
Interest
31,280.81
28,898.86
24,991.14
18,886.02
12,700.61
9,854.62
9,519.35
9,607.67
6,722.66
4,696.11
3,852.97
Depreciation
1,108.05
1,008.98
880.99
683.32
485.38
384.57
325.27
294.63
144.15
102.07
71.17
PBT
29,505.88
26,065.41
22,061.82
19,301.93
15,526.19
9,503.78
5,992.26
7,322.12
6,179.16
3,843.44
2,817.41
Tax
7,460.66
6,484.29
5,300.15
4,858.40
4,020.17
2,475.55
1,572.44
2,058.37
2,184.17
1,347.07
981.03
Tax Rate
25.29%
25.13%
24.02%
25.17%
25.89%
26.05%
26.24%
28.11%
35.35%
35.05%
34.82%
PAT
22,045.22
19,017.39
16,637.82
14,451.17
11,507.69
7,028.23
4,419.82
5,263.75
3,994.99
2,496.37
1,836.38
PAT before Minority Interest
21,673.11
19,332.36
16,779.48
14,451.17
11,507.69
7,028.23
4,419.82
5,263.75
3,994.99
2,496.37
1,836.38
Minority Interest
-372.11
-314.97
-141.66
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
24.35%
23.20%
24.18%
26.29%
27.79%
22.21%
16.56%
19.96%
21.61%
19.52%
18.43%
PAT Growth
18.84%
14.30%
15.13%
25.58%
63.74%
59.02%
-16.03%
31.76%
60.03%
35.94%
 
EPS
35.41
30.55
26.72
23.21
18.48
11.29
7.10
8.45
6.42
4.01
2.95

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
1,13,999.02
96,692.87
76,695.35
54,371.98
43,712.69
36,918.41
32,327.63
19,697.02
15,847.84
9,600.26
Share Capital
621.79
124.17
123.60
120.89
120.66
120.32
119.99
115.37
115.03
109.37
Total Reserves
1,12,176.42
95,618.01
75,563.04
53,695.63
43,194.47
36,494.84
31,994.47
19,443.80
15,650.80
9,490.89
Non-Current Liabilities
2,79,342.22
2,30,645.13
1,82,789.51
1,94,069.78
1,50,570.25
1,21,532.16
1,22,345.76
88,236.24
58,109.64
36,266.42
Secured Loans
2,44,245.52
1,85,924.84
1,47,318.96
1,38,475.77
1,10,342.66
82,268.22
89,717.98
70,062.96
46,317.87
27,420.12
Unsecured Loans
34,889.80
44,451.82
35,261.99
55,945.84
40,726.38
39,842.26
33,140.74
18,606.89
12,397.39
5,695.84
Long Term Provisions
697.19
486.47
393.42
378.59
242.82
298.40
121.79
73.12
66.77
3,034.66
Current Liabilities
1,62,064.53
1,35,403.61
1,15,239.33
25,847.46
17,271.81
12,073.93
8,867.61
15,630.22
10,073.34
21,033.03
Trade Payables
2,104.53
1,878.04
2,064.04
1,452.12
1,157.46
884.28
761.97
563.80
445.97
309.27
Other Current Liabilities
3,670.84
2,525.14
2,273.30
2,097.76
1,927.72
1,647.13
1,139.55
2,125.28
1,763.72
10,002.79
Short Term Borrowings
1,55,977.17
1,30,871.99
1,10,764.88
22,268.88
14,162.49
9,523.06
6,947.71
12,918.00
7,841.96
8,922.42
Short Term Provisions
311.99
128.44
137.11
28.70
24.14
19.46
18.38
23.14
21.69
1,798.55
Total Liabilities
5,58,392.29
4,64,985.63
3,74,724.19
2,74,289.22
2,11,554.75
1,70,524.50
1,63,541.00
1,23,563.48
84,030.82
66,899.71
Net Block
3,946.56
3,780.17
3,249.90
2,307.62
1,716.30
1,315.70
1,320.99
694.84
470.26
366.01
Gross Block
7,207.69
6,274.61
5,233.53
3,797.36
2,863.85
2,278.09
2,032.05
1,133.27
788.99
592.30
Accumulated Depreciation
3,261.13
2,494.44
1,983.63
1,489.74
1,147.55
962.39
711.06
438.43
318.73
226.29
Non Current Assets
5,36,336.12
4,41,022.94
3,58,651.26
2,61,298.25
2,04,189.47
1,52,925.76
1,46,109.29
1,14,929.34
80,686.50
35,165.40
Capital Work in Progress
119.41
41.29
43.46
79.84
34.14
51.06
0.00
0.00
0.00
0.00
Non Current Investment
30,095.77
27,911.04
26,077.32
16,331.27
10,670.34
4,596.33
3,089.31
1,512.25
1,025.43
762.30
Long Term Loans & Adv.
384.76
642.83
439.44
310.59
345.44
275.80
294.69
209.43
88.31
2,008.94
Other Non Current Assets
2,846.08
803.47
2,547.82
0.00
0.00
0.00
28.25
0.00
0.00
0.00
Current Assets
22,056.17
23,962.69
16,072.93
12,990.97
7,365.28
17,598.74
17,431.71
8,634.14
3,344.32
31,734.31
Current Investments
482.03
6,529.80
4,803.33
6,420.57
1,575.20
13,800.58
14,454.59
7,086.78
2,114.00
3,307.21
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
1,839.20
1,791.55
1,623.92
1,299.72
1,265.89
1,096.86
952.56
808.70
585.21
0.00
Cash & Bank
15,017.62
13,448.11
8,296.92
4,304.52
3,680.30
2,164.32
1,382.72
348.71
339.66
326.09
Other Current Assets
4,717.32
1,987.51
1,238.99
148.88
843.89
536.98
641.84
389.95
305.45
28,101.01
Short Term Loans & Adv.
133.43
205.72
109.77
817.28
721.99
536.98
470.08
389.95
251.78
27,745.18
Net Current Assets
-1,40,008.36
-1,11,440.92
-99,166.40
-12,856.49
-9,906.53
5,524.81
8,564.10
-6,996.08
-6,729.02
10,701.28
Total Assets
5,58,392.29
4,64,985.63
3,74,724.19
2,74,289.22
2,11,554.75
1,70,524.50
1,63,541.00
1,23,563.48
84,030.82
66,899.71

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
-65,789.80
-67,791.64
-69,843.31
-42,111.79
-37,089.90
-807.27
-24,411.70
-29,061.53
-20,565.59
-10,438.95
PBT
25,816.65
22,079.63
19,309.57
15,527.86
9,503.78
5,992.26
7,322.12
6,179.16
3,843.44
2,817.41
Adjustment
14,114.24
9,883.82
5,476.73
2,558.80
6,168.29
4,177.72
4,779.74
1,566.81
1,256.67
4,519.61
Changes in Working Capital
-99,259.84
-94,170.02
-89,531.62
-56,226.27
-50,175.87
-9,494.94
-34,278.21
-34,592.18
-24,182.12
-13,602.56
Cash after chg. in Working capital
-59,328.95
-62,206.57
-64,745.32
-38,139.61
-34,503.80
675.04
-22,176.35
-26,846.21
-19,082.01
-6,265.54
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-3,167.27
Tax Paid
-6,460.85
-5,585.07
-5,097.99
-3,972.18
-2,586.10
-1,482.31
-2,235.35
-2,215.32
-1,483.58
-1,006.14
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-3,388.63
-2,765.02
-10,088.01
-10,393.91
6,346.79
-428.55
-8,757.61
-5,378.93
1,075.43
-3,046.76
Net Fixed Assets
-955.29
-976.00
-1,323.56
-900.02
-512.30
-280.43
-823.59
-302.79
-195.87
-163.93
Net Investments
3,641.86
-4,562.87
-8,415.51
-12,366.03
3,797.30
-30.14
-9,768.57
-6,716.95
421.24
-3,040.63
Others
-6,075.20
2,773.85
-348.94
2,872.14
3,061.79
-117.98
1,834.55
1,640.81
850.06
157.80
Cash from Financing Activity
67,432.87
70,164.61
82,415.08
50,675.01
32,275.22
1,740.63
34,166.81
34,449.31
19,503.35
12,513.43
Net Cash Inflow / Outflow
-1,745.56
-392.05
2,483.76
-1,830.69
1,532.11
504.81
997.50
8.85
13.19
-972.28
Opening Cash & Equivalents
3,642.46
4,034.51
1,550.75
3,381.44
1,849.33
1,344.52
347.02
338.17
324.98
1,297.19
Closing Cash & Equivalent
1,896.90
3,642.46
4,034.51
1,550.75
3,381.44
1,849.33
1,344.52
347.02
338.17
324.91

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
181.41
154.21
122.47
890.34
717.97
608.63
535.29
339.07
274.12
175.56
ROA
3.78%
4.00%
4.45%
4.74%
3.68%
2.65%
3.67%
3.85%
3.31%
3.16%
ROE
18.54%
19.58%
22.32%
23.70%
17.59%
12.86%
20.37%
22.62%
19.68%
21.70%
ROCE
10.87%
11.37%
11.92%
11.76%
10.26%
9.38%
11.95%
12.67%
12.09%
12.91%
Fixed Asset Turnover
12.16
11.96
12.17
12.43
12.31
12.38
16.66
19.23
18.51
19.58
Receivable days
8.08
9.06
9.71
11.31
13.63
14.01
12.19
14.29
375.30
808.40
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
72.29
80.31
69.28
57.57
Cash Conversion Cycle
8.08
9.06
9.71
11.31
13.63
14.01
-60.11
-66.02
306.02
750.83
Total Debt/Equity
3.86
3.77
3.88
4.03
3.81
3.60
4.04
5.19
4.22
5.13
Interest Cover
1.89
1.88
2.02
2.22
1.96
1.63
1.76
1.92
1.82
1.73

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Bajaj Finance launches QIP to raise up to Rs 11,700 crore
    12th Nov 2026, 12:42 PM

    The approved floor price for the issue is Rs 992.25 per equity share

    Read More
  • Bajaj Finance’s Q2 consolidated net profit rises 29%
    21st Oct 2026, 10:41 AM

    Consolidated total income of the company increased by 22.93% to Rs 24,575.82 crore in Q2FY27

    Read More
  • Bajaj Finance - Quarterly Results
    20th Oct 2026, 00:00 AM

    Read More
  • Bajaj Finance raises Rs 510.86 crore via NCDs
    9th Oct 2026, 14:17 PM

    The Debenture Allotment Committee of the Company has at its meeting held on October 9, 2026, allotted the same

    Read More
  • Bajaj Finance raises Rs 2050.02 crore via NCDs
    8th Sep 2026, 16:58 PM

    The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE

    Read More
  • Bajaj Finance raises Rs 5000 crore via NCDs
    28th Aug 2026, 12:58 PM

    The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE

    Read More
  • Bajaj Finance raises Rs 498.22 crore through NCDs
    18th Aug 2026, 15:12 PM

    The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.