Operates as a holding company for financial services businesses in India, with consolidated revenue of Rs 150,503.77 crore in FY26. The largest segment is retail financing, contributing 53.1% of segment revenue at Rs 81,989.5 crore — this covers Bajaj Finance's lending book (consumer finance, SME loans, commercial lending, mortgages) and Bajaj Housing Finance. Insurance is the second largest segment at 44.6% share (Rs 68,859.96 crore), combining Bajaj Life Insurance and Bajaj General Insurance, both of which became 100% Bajaj-owned after the March 2026 Allianz stake buyback. Smaller lines include an investments and others book and a windmill power operation that contribute negligible revenue. The largest input cost is other operating expenses at 39.5% of revenue, with employee costs at 9.4% — consistent with a services-led financial model where materials are not an input. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Retail financing (53%), Insurance (45%), Investments and others (2%), Windmill (0%). Diversified financial holding company with asset-light services and insurance subsidiaries; revenue is dominated by lending and insurance premiums.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 68,406 | 82,071 | 1,10,382 | 1,33,821 | 1,50,504 |
| EBITDA (ex other income) | 21,299 | 29,688 | 40,665 | 49,209 | 56,363 |
| margin % | 31.1 | 36.2 | 36.8 | 36.8 | 37.4 |
| Owners' profit | 4,557 | 6,417 | 8,148 | 8,872 | 9,801 |
| EPS, as reported (₹) | 286.30 | 40.30 | 51.20 | 55.60 | 61.30 |
| ROE % · ROCE % | 12.5 · — | 15.7 · — | 15.0 · — | 13.7 · — | 14.0 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (33,670) | (39,480) | (68,674) | (62,113) | (55,301) |
| Capex | (651) | (779) | (961) | (1,323) | (1,014) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 33,704 | 32,042 | 36,595 | 35,439 | 37,403 | 39,708 | 38,494 | 42,037 |
| Profit before tax | 5,963 | 5,808 | 5,993 | 7,203 | 6,822 | 5,925 | 6,917 | 8,927 |
| Net profit | 4,180 | 4,412 | 4,756 | 5,329 | 4,746 | 4,368 | 5,226 | 6,297 |
| EPS (₹) | 13.10 | 14.00 | 15.10 | 17.50 | 14.10 | 14.00 | 15.90 | 19.60 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Insurance | 68,860 | 44.4 |
| Investments and others | 3,619 | 2.3 |
| Retail financing | 82,530 | 53.2 |
| Windmill | 24 | 0.0 |
| Total, before eliminations | 1,55,033 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINSERV LTD. ◆ | 3,05,941 | 30.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Monthly insurance business update - August 2026 | business updates | medium | — | — |
| 1 Sept 2026 · Bajaj Finserv shifts registered office within Pune | general | low | — | — |
| 17 Aug 2026 · Bajaj Finserv to meet institutional investors on 20 August 2026 | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Bajaj Finserv to meet institutional investors on 12 August 2026 | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Bajaj Finserv July 2026 insurance premium data shows strong growth | general | low | — | — |
| 5 Aug 2026 · Bajaj Finserv Q1 FY27 earnings call transcript filed | investor communications | medium | — | — |
| 3 Aug 2026 · Bajaj Finserv AGM: 5 resolutions passed, Rs 1.50 dividend declared | board shareholder meetings | medium | — | — |
| 31 Jul 2026 · Audio link of Q1FY27 earnings call shared with exchanges | investor communications | low | — | — |
| 31 Jul 2026 · Bajaj Finserv 19th AGM: Rs 1.50 dividend declared, Rajiv Bajaj retires | board shareholder meetings | medium | — | — |
| 31 Jul 2026 · Bajaj Finserv investor deck for Singapore Hong Kong road show | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 2.17 |
| 5.4 |
| 14.0 |
| — |
| 20.0 |
| 40.8 |
| BAJAJ HOLDINGS & INVS LTD | 1,23,904 | 14.0 | 1.50 | 49.9 | 11.9 | — | 21.8 | 92.9 |
| CHOICE INTERNATIONAL LTD | 16,876 | 65.3 | 9.25 | 41.3 | 13.0 | 13.9 | 46.0 | 36.8 |
| EDELWEISS FIN SERV LTD | 12,586 | 17.6 | 2.12 | 2.9 | 11.4 | — | 2.2 | 29.3 |
| JM FINANCIAL LIMITED | 11,961 | 11.5 | 1.05 | 4.3 | 10.6 | — | 5.1 | 60.3 |
| RANE HOLDINGS LIMITED | 2,413 | 28.6 | 1.69 | 6.8 | 9.6 | 11.7 | 23.7 | 7.5 |
| BF INVESTMENT LIMITED | 1,691 | 4.3 | 0.20 | 24.3 | 3.3 | — | 36.0 | 90.4 |
| BALMER LAWRIE INVSTS. L | 1,523 | 11.8 | 0.68 | 3.6 | 12.4 | — | 12.2 | 18.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 30.1 | 12.9 | 11 of 14 | 23% |
| P/B | 2.2 | 1.3 | 12 of 14 | 15% |
| ROE | 13.9 | 9.6 | 2 of 15 | 93% |
| Debt / Equity | 0.0 | 0.0 | 2 of 15 | 50% |
| EBITDA margin | 40.8 | 29.6 | 4 of 14 | 77% |
| Revenue growth | 18.6 | 18.6 | 8 of 15 | 50% |
| Profit growth | 18.1 | 18.1 | 8 of 15 | 50% |
| Market cap | 305941 | 1273 | 1 of 16 | 100% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
