Bajaj Finance, 500034, BAJFINANCE Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

5,98,789.43
33.21
1

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

7,23,962.74
0.58%
5.58

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

25.32
21.16
18.94

EBITDA CAGR (%)

10 Years
5 Years
3 Years

25.50
24.80
10.78

PAT CAGR (%)

10 Years
5 Years
3 Years

29.25
30.36
13.08

P:E (Median)

8 Years
5 Years
3 Years

43.42
35.64
33.33

P:BV (Average)

8 Years
5 Years
3 Years

7.81
7.57
6.21

EV:EBITDA (Average)

8 Years
5 Years
3 Years

21.68
21.63
16.71

Earnings Forecasts:

(Updated: 28-02-2026)

Description 2024 2025 2026 2027
Adj EPS 26.93 30.23 39.76 48.78
P/E Ratio 35.74 31.84 24.21 19.73
Revenue 58920.7 51038.6 61496.3 74014.4
EBITDA 37892.2 25822.1 35023.5 43883.1
Net Income 16661.5 18120.6 23560.7 28859.3
ROA 3.95 4.35 4.65 4.55
P/B Ratio 6.79 5.58 4.69 3.94
ROE 20.83 18.25 20.47 21.02
FCFF 21251
FCFF Yield 2.32
Net Debt 192429 386733 480199 589681
BVPS 141.74 172.51 205.04 244.44

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 18,067.89 15,371.02 17.55% 17,184.42 14,488.07 18.61% 16,696.54 13,723.69 21.66% 15,796.96 12,760.49 23.80%
Expenses 7,605.58 5,434.00 39.96% 5,997.64 5,105.21 17.48% 5,693.17 4,735.94 20.21% 5,753.38 4,158.48 38.35%
EBITDA 10,462.31 9,937.02 5.29% 11,186.78 9,382.86 19.23% 11,003.37 8,987.75 22.43% 10,043.58 8,602.01 16.76%
EBIDTM 57.91% 64.65% 65.10% 64.76% 65.90% 65.49% 63.58% 67.41%
Other Income 0.40 22.89 -98.25% 1.67 3.72 -55.11% 0.57 2.05 -72.20% 11.44 3.94 190.36%
Interest 5,464.19 4,777.29 14.38% 5,243.62 4,544.31 15.39% 5,221.87 4,201.59 24.28% 4,914.16 3,860.80 27.28%
Depreciation 226.89 204.56 10.92% 241.55 195.66 23.45% 235.80 185.77 26.93% 235.99 178.69 32.07%
PBT 5,938.01 4,978.06 19.28% 5,703.28 7,190.72 -20.69% 5,546.27 4,602.44 20.51% 4,904.87 4,566.46 7.41%
Tax 1,357.49 1,272.25 6.70% 1,452.51 1,577.01 -7.89% 1,413.19 1,200.90 17.68% 964.43 1,164.55 -17.18%
PAT 4,580.52 3,705.81 23.60% 4,250.77 5,613.71 -24.28% 4,133.08 3,401.54 21.51% 3,940.44 3,401.91 15.83%
PATM 25.35% 24.11% 24.74% 38.75% 24.75% 24.79% 24.94% 26.66%
EPS 7.36 5.96 23.49% 6.83 9.02 -24.28% 6.64 5.47 21.39% 6.33 5.47 15.72%

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 21,213.89 18,035.13 17.63% 20,178.90 17,091.48 18.06% 19,523.88 16,100.05 21.27% 18,456.85 14,927.19 23.65%
Expenses 7,937.85 5,691.16 39.48% 6,306.59 5,338.02 18.14% 5,991.73 4,955.81 20.90% 6,026.19 4,419.72 36.35%
EBITDA 13,276.04 12,343.97 7.55% 13,872.31 11,753.46 18.03% 13,532.15 11,144.24 21.43% 12,430.66 10,507.47 18.30%
EBIDTM 62.58% 68.44% 68.75% 68.77% 69.31% 69.22% 67.35% 70.39%
Other Income 0.69 23.19 -97.02% 1.86 3.93 -52.67% 3.86 2.26 70.80% 11.89 4.65 155.70%
Interest 7,338.71 6,385.63 14.93% 7,011.28 6,149.32 14.02% 6,917.68 5,683.86 21.71% 6,551.98 5,217.09 25.59%
Depreciation 243.91 219.13 11.31% 258.06 210.04 22.86% 251.49 199.81 25.86% 252.01 192.96 30.60%
PBT 5,428.89 5,762.40 -5.79% 6,604.83 5,398.03 22.36% 6,366.84 5,262.83 20.98% 5,638.56 5,102.07 10.52%
Tax 1,365.09 1,457.23 -6.32% 1,660.37 1,387.74 19.65% 1,602.29 1,353.37 18.39% 1,101.81 1,280.55 -13.96%
PAT 4,063.80 4,305.17 -5.61% 4,944.46 4,010.29 23.29% 4,764.55 3,909.46 21.87% 4,536.75 3,821.52 18.72%
PATM 19.16% 23.87% 24.50% 23.46% 24.40% 24.28% 24.58% 25.60%
EPS 6.40 6.86 -6.71% 7.84 6.47 21.17% 7.56 6.32 19.62% 7.22 6.19 16.64%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 67,745.81 59,379.74 46,938.80 35,684.44 27,872.31 23,549.72 23,822.53 17,386.02 12,652.84 9,963.02 7,293.54 Net Sales Growth 20.24% 26.50% 31.54% 28.03% 18.36% -1.15% 37.02% 37.41% 27.00% 36.60% 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 67,745.81 59,379.74 46,938.80 35,684.44 27,872.31 23,549.72 23,822.53 17,386.02 12,652.84 9,963.02 7,293.54 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 25,049.77 20,809.21 15,261.10 11,940.67 11,260.28 10,348.67 8,764.84 5,189.30 4,082.96 3,247.66 2,353.69 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 - 6,907.28 5,849.47 4,614.35 3,224.53 2,242.42 2,293.44 1,719.60 1,415.48 931.67 629.63 % Of Sales - 11.63% 12.46% 12.93% 11.57% 9.52% 9.63% 9.89% 11.19% 9.35% 8.63% Manufacturing Exp. - 3,668.51 3,109.68 2,802.09 2,428.68 1,644.90 1,600.84 1,193.61 970.23 1,034.35 822.21 % Of Sales - 6.18% 6.62% 7.85% 8.71% 6.98% 6.72% 6.87% 7.67% 10.38% 11.27% General & Admin Exp. - 1,927.88 1,439.87 1,239.97 709.70 443.13 756.21 591.00 462.24 426.40 336.46 % Of Sales - 3.25% 3.07% 3.47% 2.55% 1.88% 3.17% 3.40% 3.65% 4.28% 4.61% 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. - 8,305.54 4,862.08 3,284.26 4,897.37 6,018.22 4,114.35 1,685.09 1,235.01 855.24 0.00 % Of Sales - 13.99% 10.36% 9.20% 17.57% 25.56% 17.27% 9.69% 9.76% 8.58% 7.75% EBITDA 42,696.04 38,570.53 31,677.70 23,743.77 16,612.03 13,201.05 15,057.69 12,196.72 8,569.88 6,715.36 4,939.85 EBITDA Margin 63.02% 64.96% 67.49% 66.54% 59.60% 56.06% 63.21% 70.15% 67.73% 67.40% 67.73% Other Income 14.08 40.10 7.18 5.37 6.81 14.17 11.62 13.25 12.28 25.95 39.84 Interest 20,843.84 18,656.67 14,002.67 9,423.86 7,677.54 7,550.09 7,990.48 6,037.30 4,648.98 3,852.63 2,958.78 Depreciation 940.23 821.98 629.13 443.77 354.91 302.25 270.70 137.37 101.96 71.16 56.34 PBT 22,092.43 19,131.98 17,053.08 13,881.51 8,586.39 5,362.88 6,808.13 6,035.30 3,831.22 2,817.52 1,964.57 Tax 5,187.62 5,014.59 4,408.97 3,591.77 2,235.90 1,407.37 1,927.01 2,144.96 1,346.71 980.97 686.05 Tax Rate 23.48% 23.13% 25.85% 25.87% 26.04% 26.24% 28.30% 35.54% 35.15% 34.82% 34.92% PAT 16,904.81 16,661.50 12,644.11 10,289.74 6,350.49 3,955.51 4,881.12 3,890.34 2,484.51 1,836.55 1,278.52 PAT before Minority Interest 16,904.81 16,661.50 12,644.11 10,289.74 6,350.49 3,955.51 4,881.12 3,890.34 2,484.51 1,836.55 1,278.52 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 24.95% 28.06% 26.94% 28.84% 22.78% 16.80% 20.49% 22.38% 19.64% 18.43% 17.53% PAT Growth 4.85% 31.77% 22.88% 62.03% 60.55% -18.96% 25.47% 56.58% 35.28% 43.65% EPS 27.17 26.78 20.32 16.54 10.21 6.36 7.84 6.25 3.99 2.95 2.05

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 79,373.52 69,683.51 54,973.89 41,410.16 31,640.45 26,689.57 26,373.77 18,487.14 12,785.86 9,966.71 7,293.54 Net Sales Growth 19.98% 26.76% 32.75% 30.88% 18.55% 1.20% 42.66% 44.59% 28.29% 36.65% 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 79,373.52 69,683.51 54,973.89 41,410.16 31,640.45 26,689.57 26,373.77 18,487.14 12,785.86 9,966.71 7,293.54 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 26,262.36 21,789.79 16,111.24 12,706.08 11,905.08 10,867.64 9,161.22 5,454.21 4,156.67 3,250.64 2,353.77 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 - 7,508.34 6,396.01 5,100.19 3,592.44 2,498.67 2,547.96 1,938.53 1,433.62 931.67 629.63 % Of Sales - 10.77% 11.63% 12.32% 11.35% 9.36% 9.66% 10.49% 11.21% 9.35% 8.63% Manufacturing Exp. - 3,829.71 3,251.09 2,901.34 2,498.51 1,678.05 1,620.26 1,233.56 987.62 1,034.35 822.21 % Of Sales - 5.50% 5.91% 7.01% 7.90% 6.29% 6.14% 6.67% 7.72% 10.38% 11.27% General & Admin Exp. - 1,991.17 1,482.92 1,257.37 715.35 411.54 739.84 566.70 465.43 429.12 336.54 % Of Sales - 2.86% 2.70% 3.04% 2.26% 1.54% 2.81% 3.07% 3.64% 4.31% 4.61% 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. - 8,460.57 4,981.22 3,447.18 5,098.78 6,279.38 4,253.16 1,715.42 1,270.00 855.50 0.00 % Of Sales - 12.14% 9.06% 8.32% 16.11% 23.53% 16.13% 9.28% 9.93% 8.58% 7.75% EBITDA 53,111.16 47,893.72 38,862.65 28,704.08 19,735.37 15,821.93 17,212.55 13,032.93 8,629.19 6,716.07 4,939.77 EBITDA Margin 66.91% 68.73% 70.69% 69.32% 62.37% 59.28% 65.26% 70.50% 67.49% 67.39% 67.73% Other Income 18.30 41.27 8.62 8.10 7.60 14.95 11.87 13.04 12.43 25.48 40.02 Interest 27,819.65 24,992.18 18,886.02 12,700.61 9,854.62 9,519.35 9,607.67 6,722.66 4,696.11 3,852.97 2,958.77 Depreciation 1,005.47 880.99 683.32 485.38 384.57 325.27 294.63 144.15 102.07 71.17 56.34 PBT 24,039.12 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 1,964.68 Tax 5,729.56 5,300.15 4,858.40 4,020.17 2,475.55 1,572.44 2,058.37 2,184.17 1,347.07 981.03 686.05 Tax Rate 23.83% 24.02% 25.17% 25.89% 26.05% 26.24% 28.11% 35.35% 35.05% 34.82% 34.92% PAT 18,309.56 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 1,278.63 PAT before Minority Interest 18,017.32 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 1,278.63 Minority Interest -292.24 -141.66 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 23.07% 23.88% 26.29% 27.79% 22.21% 16.56% 19.96% 21.61% 19.52% 18.43% 17.53% PAT Growth 14.10% 15.13% 25.58% 63.74% 59.02% -16.03% 31.76% 60.03% 35.94% 43.62% EPS 29.42 26.74 23.22 18.49 11.29 7.10 8.46 6.42 4.01 2.95 2.05

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 87,995.71 72,010.53 51,493.13 42,055.88 35,938.74 31,813.21 19,563.63 15,817.21 9,600.31 7,426.64 Share Capital 124.17 123.60 120.89 120.66 120.32 119.99 115.37 115.03 109.37 53.55 Total Reserves 86,936.68 70,878.22 50,816.78 41,537.66 35,515.17 31,480.05 19,310.41 15,620.17 9,490.94 7,271.06 Non-Current Liabilities 1,67,757.48 1,30,034.63 1,40,894.81 1,13,088.32 93,025.73 98,227.61 76,594.95 55,367.73 36,266.36 27,491.10 Secured Loans 1,23,056.99 94,570.55 86,504.16 74,118.82 54,117.53 65,884.25 58,422.51 43,575.78 27,420.12 22,681.01 Unsecured Loans 44,449.82 35,260.79 54,755.03 39,455.13 39,334.92 32,887.35 18,606.89 12,397.39 5,695.84 2,605.96 Long Term Provisions 439.19 360.68 349.98 218.93 290.81 113.75 70.28 65.18 3,034.60 2,036.77 Current Liabilities 1,11,072.23 93,642.58 23,217.81 11,963.98 8,399.87 7,115.14 11,680.46 9,667.51 21,032.91 14,260.84 Trade Payables 1,121.11 1,001.39 953.18 750.72 666.31 637.06 547.69 439.32 309.04 334.91 Other Current Liabilities 2,160.28 1,986.62 1,811.95 1,724.71 1,313.48 1,026.47 1,789.48 1,550.63 10,002.90 6,953.89 Short Term Borrowings 1,07,710.79 90,547.31 20,425.44 9,465.91 6,401.55 5,434.39 9,322.32 7,656.16 8,922.42 5,638.49 Short Term Provisions 80.05 107.26 27.24 22.64 18.53 17.22 20.97 21.40 1,798.55 1,333.55 Total Liabilities 3,66,825.42 2,95,687.74 2,15,605.75 1,67,108.18 1,37,364.34 1,37,155.96 1,07,839.04 80,852.45 66,899.58 49,178.58 Net Block 3,574.65 3,059.93 2,146.91 1,598.44 1,227.20 1,228.14 654.33 464.66 361.13 287.00 Gross Block 5,861.87 4,882.48 3,521.98 2,668.81 2,138.13 1,908.76 1,085.17 782.38 586.51 422.58 Accumulated Depreciation 2,287.22 1,822.55 1,375.07 1,070.37 910.93 680.62 430.84 317.72 225.38 135.58 Non Current Assets 3,24,604.17 2,63,447.64 1,94,375.03 1,55,622.42 1,22,732.03 1,23,025.58 1,01,100.58 78,637.96 35,488.37 27,444.32 Capital Work in Progress 39.20 42.59 79.53 32.68 51.06 0.00 0.00 0.00 0.00 0.00 Non Current Investment 16,088.04 14,345.84 12,758.99 9,390.74 8,107.56 8,076.41 5,060.63 2,553.43 1,090.30 485.15 Long Term Loans & Adv. 445.07 293.63 292.48 324.31 256.27 276.68 204.36 86.99 2,008.84 1,893.62 Other Non Current Assets 98.05 2,371.22 0.00 0.00 0.00 27.27 0.00 0.00 0.00 0.00 Current Assets 42,221.25 32,240.10 21,230.72 11,485.76 14,632.31 14,130.38 6,738.46 2,214.49 31,411.21 21,734.26 Current Investments 25,628.19 22,807.52 15,978.86 6,981.08 12,061.56 12,062.57 5,309.78 1,100.03 2,984.40 548.92 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 1,416.39 1,244.89 1,070.21 1,017.11 709.72 867.18 805.38 585.21 0.00 0.00 Cash & Bank 12,453.45 7,163.27 3,319.46 2,900.73 1,373.90 679.36 241.69 228.82 325.80 1,329.15 Other Current Assets 2,723.22 925.54 146.98 121.90 487.13 521.27 381.61 300.43 28,101.01 19,856.19 Short Term Loans & Adv. 190.44 98.88 715.21 464.94 487.13 349.51 381.61 246.79 27,745.18 19,644.37 Net Current Assets -68,850.98 -61,402.48 -1,987.09 -478.22 6,232.44 7,015.24 -4,942.00 -7,453.02 10,378.30 7,473.42 Total Assets 3,66,825.42 2,95,687.74 2,15,605.75 1,67,108.18 1,37,364.34 1,37,155.96 1,07,839.04 80,852.45 66,899.58 49,178.58

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 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 7,426.76 Share Capital 124.17 123.60 120.89 120.66 120.32 119.99 115.37 115.03 109.37 53.55 Total Reserves 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 7,271.18 Non-Current Liabilities 2,30,645.44 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 27,490.99 Secured Loans 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 22,681.01 Unsecured Loans 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 2,605.85 Long Term Provisions 483.75 393.42 378.59 242.82 298.40 121.79 73.12 66.77 3,034.66 2,036.77 Current Liabilities 1,35,403.30 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 14,260.91 Trade Payables 1,878.04 2,064.04 1,452.12 1,157.46 884.28 761.97 563.80 445.97 309.27 334.91 Other Current Liabilities 2,522.11 2,273.30 2,097.76 1,927.72 1,647.13 1,139.55 2,125.28 1,763.72 10,002.79 6,953.96 Short Term Borrowings 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 5,638.49 Short Term Provisions 131.16 137.11 28.70 24.14 19.46 18.38 23.14 21.69 1,798.55 1,333.55 Total Liabilities 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 49,178.66 Net Block 3,780.17 3,249.90 2,307.62 1,716.30 1,315.70 1,320.99 694.84 470.26 366.01 290.27 Gross Block 6,274.61 5,233.53 3,797.36 2,863.85 2,278.09 2,032.05 1,133.27 788.99 592.30 425.85 Accumulated Depreciation 2,494.44 1,983.63 1,489.74 1,147.55 962.39 711.06 438.43 318.73 226.29 135.58 Non Current Assets 4,40,591.87 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 27,419.64 Capital Work in Progress 41.29 43.46 79.84 34.14 51.06 0.00 0.00 0.00 0.00 0.00 Non Current Investment 27,911.04 26,077.32 16,331.27 10,670.34 4,596.33 3,089.31 1,512.25 1,025.43 762.30 457.15 Long Term Loans & Adv. 607.60 439.44 310.59 345.44 275.80 294.69 209.43 88.31 2,008.94 1,893.65 Other Non Current Assets 407.63 2,547.82 0.00 0.00 0.00 28.25 0.00 0.00 0.00 0.02 Current Assets 24,393.76 16,072.93 12,990.97 7,365.28 17,598.74 17,431.71 8,634.14 3,344.32 31,734.31 21,759.02 Current Investments 6,529.80 4,803.33 6,420.57 1,575.20 13,800.58 14,454.59 7,086.78 2,114.00 3,307.21 571.95 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 1,826.78 1,623.92 1,299.72 1,265.89 1,096.86 952.56 808.70 585.21 0.00 0.00 Cash & Bank 13,448.11 8,296.92 4,304.52 3,680.30 2,164.32 1,382.72 348.71 339.66 326.09 1,330.85 Other Current Assets 2,589.07 1,238.99 148.88 121.90 536.98 641.84 389.95 305.45 28,101.01 19,856.22 Short Term Loans & Adv. 205.72 109.77 817.28 721.99 536.98 470.08 389.95 251.78 27,745.18 19,644.37 Net Current Assets -1,11,009.54 -99,166.40 -12,856.49 -9,906.53 5,524.81 8,564.10 -6,996.08 -6,729.02 10,701.28 7,498.11 Total Assets 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 49,178.66

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -50,995.46 -52,379.53 -27,302.41 -23,855.66 4,385.94 -14,110.33 -15,693.66 -17,191.28 -10,439.98 -9,870.83 PBT 21,676.09 17,053.08 13,881.51 8,586.39 5,362.88 6,808.13 6,035.30 3,831.22 2,817.52 1,964.57 Adjustment 7,162.57 5,514.32 2,624.05 6,361.34 3,774.77 4,411.97 1,447.04 1,317.59 4,519.66 3,376.49 Changes in Working Capital -74,552.46 -70,392.05 -40,241.51 -36,464.05 -3,451.19 -23,223.43 -21,006.25 -20,867.53 -13,604.14 475.59 Cash after chg. in Working capital -45,713.80 -47,824.65 -23,735.95 -21,516.32 5,686.46 -12,003.33 -13,523.91 -15,718.72 -6,266.96 5,816.65 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3,166.92 -2,415.61 Tax Paid -5,281.66 -4,554.88 -3,566.46 -2,339.34 -1,300.52 -2,107.00 -2,169.75 -1,472.56 -1,006.10 -739.58 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 -12,532.29 Cash From Investing Activity -1,099.30 -9,721.03 -12,400.21 3,806.46 424.26 -9,632.54 -6,637.58 504.94 -3,048.24 -685.90 Net Fixed Assets -976.00 -1,323.56 -900.02 -512.30 -280.43 -823.59 -302.79 -195.87 -163.93 -78.97 Net Investments -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 -701.78 Others 4,439.57 18.04 865.84 521.46 734.83 959.62 382.16 279.57 156.32 94.85 Cash from Financing Activity 51,604.02 64,774.36 38,021.04 21,550.34 -4,112.94 24,177.40 22,343.91 16,588.98 12,515.94 11,656.20 Net Cash Inflow / Outflow -490.74 2,673.80 -1,681.58 1,501.14 697.26 434.53 12.67 -97.36 -972.28 1,099.47 Opening Cash & Equivalents 3,865.15 1,191.35 2,872.93 1,371.79 674.53 240.00 227.33 324.69 1,296.90 227.76 Closing Cash & Equivalent 3,374.41 3,865.15 1,191.35 2,872.93 1,371.79 674.53 240.00 227.33 324.62 1,327.23

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -68,154.47 -69,843.31 -42,111.79 -37,089.90 -807.27 -24,411.70 -29,061.53 -20,565.59 -10,438.95 -9,869.67 PBT 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 1,964.68 Adjustment 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 3,376.32 Changes in Working Capital -94,170.02 -89,531.62 -56,226.27 -50,175.87 -9,494.94 -34,278.21 -34,592.18 -24,182.12 -13,602.56 476.74 Cash after chg. in Working capital -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 5,817.74 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3,167.27 -2,415.60 Tax Paid -5,947.90 -5,097.99 -3,972.18 -2,586.10 -1,482.31 -2,235.35 -2,215.32 -1,483.58 -1,006.14 -739.52 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 -12,532.29 Cash From Investing Activity -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 -686.82 Net Fixed Assets -976.00 -1,323.56 -900.02 -512.30 -280.43 -823.59 -302.79 -195.87 -163.93 -78.97 Net Investments -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 -701.78 Others 2,773.85 -348.94 2,872.14 3,061.79 -117.98 1,834.55 1,640.81 850.06 157.80 93.93 Cash from Financing Activity 70,527.44 82,415.08 50,675.01 32,275.22 1,740.63 34,166.81 34,449.31 19,503.35 12,513.43 11,656.20 Net Cash Inflow / Outflow -392.05 2,483.76 -1,830.69 1,532.11 504.81 997.50 8.85 13.19 -972.28 1,099.71 Opening Cash & Equivalents 4,034.51 1,550.75 3,381.44 1,849.33 1,344.52 347.02 338.17 324.98 1,297.19 227.81 Closing Cash & Equivalent 3,642.46 4,034.51 1,550.75 3,381.44 1,849.33 1,344.52 347.02 338.17 324.91 1,327.52

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 140.23 114.89 842.71 690.51 592.35 526.71 336.76 273.58 175.56 136.78 ROA 5.03% 4.95% 5.38% 4.17% 2.88% 3.98% 4.12% 3.36% 3.16% 3.06% ROE 21.08% 20.74% 22.23% 16.43% 11.77% 19.13% 22.13% 19.61% 21.70% 21.09% ROCE 12.30% 12.29% 12.32% 10.81% 9.50% 12.23% 13.03% 12.26% 12.91% 12.97% Fixed Asset Turnover 11.05 11.17 11.53 11.60 11.64 15.91 18.62 18.49 19.75 19.04 Receivable days 8.18 9.00 10.68 11.31 12.22 12.81 15.16 379.25 939.88 0.00 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 69.22 82.10 67.20 57.55 73.43 Cash Conversion Cycle 8.18 9.00 10.68 11.31 12.22 -56.40 -66.94 312.05 882.33 -73.43 Total Debt/Equity 3.16 3.10 3.17 2.95 2.80 3.30 4.45 4.04 5.13 5.05 Interest Cover 2.16 2.22 2.47 2.12 1.71 1.85 2.00 1.82 1.73 1.66

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 154.21 122.47 890.34 717.97 608.63 535.29 339.07 274.12 175.56 136.78 ROA 4.00% 4.45% 4.74% 3.68% 2.65% 3.67% 3.85% 3.31% 3.16% 3.06% ROE 19.58% 22.32% 23.70% 17.59% 12.86% 20.37% 22.62% 19.68% 21.70% 21.09% ROCE 11.37% 11.92% 11.76% 10.26% 9.38% 11.95% 12.67% 12.09% 12.91% 12.97% Fixed Asset Turnover 12.11 12.17 12.43 12.31 12.38 16.66 19.23 18.51 19.58 18.88 Receivable days 9.04 9.71 11.31 13.63 14.01 12.19 14.29 375.30 808.40 790.04 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 72.29 80.31 69.28 57.57 73.43 Cash Conversion Cycle 9.04 9.71 11.31 13.63 14.01 -60.11 -66.02 306.02 750.83 716.60 Total Debt/Equity 3.77 3.88 4.03 3.81 3.60 4.04 5.19 4.22 5.13 5.05 Interest Cover 1.88 2.02 2.22 1.96 1.63 1.76 1.92 1.82 1.73 1.66

Top Investors:

government of singapore - e

life insurance corporation of india

investor education and protection fund (iepf)

Annual Reports:

News Update:

Bajaj Finance raises Rs 2,500.20 crore via NCDs
20th Feb 2026, 15:45 PM

The Debenture Allotment Committee of the Company has at its meeting held on February 20, 2026, allotted the same
Read More
Bajaj Finance raises Rs 500 crore through NCDs
12th Feb 2026, 14:21 PM

The Debenture Allotment Committee of the Company has at its meeting held on February 12, 2026, allotted the same
Read More
Bajaj Finance reports 6% fall in Q3 consolidated net profit
4th Feb 2026, 11:11 AM

Total consolidated income of the company increased by 17.48% at Rs 21,214.58 crore for Q3FY26
Read More
Bajaj Finance - Quarterly Results
4th Feb 2026, 00:00 AM

Read More
Bajaj Finance raises Rs 5,120 crore via NCDs
27th Jan 2026, 14:40 PM

The Debenture Allotment Committee of the company has at its meeting held on January 27, 2025, allotted the same
Read More
Bajaj Finance’s AUM rises 22% in Q3FY26
5th Jan 2026, 09:02 AM

It also reported 15% rise in new loans book in Q3FY26
Read More

Bajaj Finance Ltd.

Finance - NBFC

BSE: 500034 | NSE: BAJFINANCE

Stock Summary

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Bajaj Finance Ltd.

Finance - NBFC

BSE: 500034 | NSE: BAJFINANCE

Stock Summary

Shareholding Pattern

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: