We hereby Submit: 1. Audited Standalone and Consolidated Financial Results for year ended 31 march 2025 and Dividend 2. Press Release
Awaiting price reaction for this filing.
Bajaj Holdings & Investment Limited reported audited FY25 standalone total income of Rs 1,600.25 crore and profit after tax of Rs 1,291.83 crore, down from Rs 3,175.69 crore and Rs 2,896.46 crore in FY24. The sharp decline is mainly because FY24 had a one-time gain of Rs 1,153.47 crore from Bajaj Auto's share buyback, which did not recur. Standalone EPS came in at Rs 116.1 versus Rs 260.3 last year. The Board recommended a final dividend of Rs 28 per share (280%), taking total FY25 dividend to Rs 93 per share (Rs 65 interim + Rs 28 final), with record date June 27, 2025 and AGM on August 6, 2025. Operating cash flow turned negative at Rs (1,986.93) crore versus positive Rs 1,875.29 crore last year. The company is also seeking RBI approval to re-categorise itself from an Investment and Credit Company to an Unregistered Core Investment Company (CIC). Separately, BHIL's Board has authorised acquiring up to 19.95% stake each in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance from Allianz SE, taking the Bajaj Group's ownership in both insurance JVs to 100%.
The headline profit fall looks dramatic but is largely explained by the absence of last year's one-time buyback gain; core investment income held up reasonably. Total dividend of Rs 93/share still offers a healthy yield, and the proposed Allianz stake buyout could be value-accretive if approvals come through. Watch for RBI clearance on the CIC re-categorisation and the insurance acquisition pricing.