Models
BAJAJ FINSERV LTD.BAJAJFINSVFinance
₹831per share · Base Model Note
Revenue growth, the horizon and scenarios are yours to change. Every other input is part of the Trader plan; saving, sharing a saved link and the live-formula workbook are part of the Institutional plan.
Scenario
Value per share, your model₹831implied P/B 0.94× on FY26 book
Against CMP ₹1,913.50−56.6%close of 2026-09-10
Cost of equity14.44%risk-free + beta × equity risk premium
Book equity, FY26₹882per share · excess returns add ₹(51)
This figure is the arithmetic of your inputs and nothing else. MarketPing publishes no fair value, target or rating; the model is yours.
Excess-return schedule · ₹ crore · book equity earns your ROE; value is book plus the returns above the cost of equity
| ₹ crore | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|
| Opening book equity | 1,40,965 | 1,56,970 | 1,74,793 | 1,94,639 | 2,16,738 |
| Net income at 14% ROE | 19,735 | 21,976 | 24,471 | 27,249 | 30,343 |
| Cost of equity charge at 14.44% | (20,351) | (22,661) | (25,234) | (28,100) | (31,290) |
| Excess return | (616) | (686) | (763) | (850) | (947) |
| Present value | (576) | (560) | (545) | (530) | (516) |
| Closing book equity | 1,56,970 | 1,74,793 | 1,94,639 | 2,16,738 | 2,41,346 |
| Book equity today | 1,40,965 |
| PV of 5 years of excess return | (2,727) |
| PV of the terminal excess return, 5% flat | (5,367) |
| add non-operating investments | 0 |
| Equity value | 1,32,871 |
| ÷ 159.89 crore shares | ₹831 |
ROE is at or below the cost of equity, so every year destroys value against book and the model lands below book value. That is the arithmetic, not a view.
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹1,597₹2,195
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 14% | — | 14.44% | 5% | ₹831 | (56.6)% |
A scenario is a full set of inputs under a name. Keep Base as the filed history carried forward; add Bull and Bear by saving the current inputs under those names and moving the two or three assumptions you actually hold a view on. The distribution above draws each driver between the lowest and highest value across your scenarios, so three scenarios give it a real range; with one scenario it falls back to fixed bands.