BAJAJFINSVNSEBajaj Finserv Limited· FinanceMediumPositive
Announced Thu, 30 Apr · 14:19 IST

Bajaj Finserv Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2026, recommended Final Dividend of Rs. 1.50 per equity share.

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BAJAJFINSV · price

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AI summary

Bajaj Finserv's Board recommended a final dividend of Rs. 1.50 per equity share (150% on face value of Re. 1) for FY ended March 2026, including a special Rs. 0.20 payout to celebrate 100 years of Bajaj Group. The dividend is subject to shareholder approval at the AGM on July 31, 2026, with a record date of June 30, 2026 and payment by August 4, 2026. Standalone profit after tax was Rs. 1,431.73 crore on total income of Rs. 2,076.82 crore. Consolidated profit after tax was Rs. 19,669.47 crore on total income of Rs. 1,50,530.38 crore, with consolidated EPS of Rs. 61.3. The company also completed acquiring Allianz SE's remaining stakes in its insurance subsidiaries (Bajaj General Insurance and Bajaj Life Insurance), raising its stake to ~77.33% in each, and made Bajaj Financial Distributors a wholly-owned subsidiary. KKC & Associates LLP was reappointed as statutory auditors for a second 5-year term.

Likely market impact

The dividend of Rs. 1.50 per share represents a 150% payout and a special commemorative bonus, indicating strong financial health and shareholder-friendly intent. At prevailing market prices the yield is modest, but the special centennial payout adds a one-time positive signal. The full exit from Allianz in insurance subsidiaries consolidates Bajaj's control over its core insurance businesses.