Bajaj Finserv Limited
₹1,667.90-₹3.50 (-0.2%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹3,21,392 Cr
- P/E
- 224.0x
- EV / EBITDA
- 208.5x
- Revenue
- ₹2,299 Cr
- Net margin
- 67.5%
- ROCE
- 24.1%
Price chart
Technical chartScreen technicals →-21.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -3.7%
- 3M
- -12.6%
- 6M
- -4.5%
- 1Y
- -21.1%
- 5Y
- -5.2%
52-week range
Day change -₹3.50 (-0.2%) from ₹1,671 to ₹1,668 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in BAJAJFINSV, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 16.3%
Concerns1
- Valuation elevated — PE of 224.0x is 388% above peer average of 45.9x
Rule-based from financial data. Not advice.
About the company
Bajaj Finserv Ltd., through its subsidiaries, provides financial services in India. The company operates through Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others segments.
Read moreShow less
Bajaj Finserv Ltd., through its subsidiaries, provides financial services in India. The company operates through Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others segments. It offers personal, business, home, home renovation, commercial, car, and gold loans; two- and three-wheeler loans; mortgages; education loans; unsecured and secured loans to small and medium-sized enterprises and professionals, as well as micro, small and medium enterprises; loans against properties, securities, car, mutual funds, bonds, and insurance policy; financing for products, such as consumer electronics, digital, lifecare, furniture, etc.; developer financing; and lease rental discounting products. The company also provides investment products, including fixed deposits, systematic deposit plans, and mutual funds; savings products; life, health, motor, fire, engineering, liabilities, marine, crop, car, two-wheeler, pet, home, travel, and personal accident insurance products; wealth management and retirement planning services; healthcare services comprising wellness, outpatient, and inpatient services; and wallets and credit cards. In addition, it offers pocket subscription plans; bill and recharge services; digital technology services; and trading and demat account, stock broking, margin trading, and HNI and retail broking services, as well as gold loans. Further, the company owns and operates 138 windmills with total installed capacity of 65.2 megawatts. Bajaj Finserv Ltd. was incorporated in 2007 and is based in Pune, India.
- Sector
- Financial Services
- Shares outstanding
- 160 Cr shares
- ISIN
- INE918I01026
- BSE code
- 532978
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹3,21,392 Cr
- P/E
- 224.0x
- P/B
- 32.1x
- EV / EBITDA
- 208.5x
- EV / Sales
- 185.4x
- P/S
- 185.5x
- Earnings yield
- 0.4%
- 52-week high
- ₹2,175.85
- 52-week low
- ₹1,631.60
Profitability
- Operating margin
- 88.9%
- Net margin
- 67.5%
- EBITDA margin
- 88.9%
- ROE
- 18.6%
- ROCE
- 24.1%
- ROA
- 17.6%
- Dividend payout
- 14.0%
- Tax rate
- 24.0%
- Other income, % of PBT
- 0.1%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,299 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 32.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 16.3%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,541 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 57.6%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 33.2%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.9%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,344 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 70.6%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹3.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.1%
Solvency and efficiency
- Current ratio
- 79.67
- Debt / Assets
- 0.00
- Financial leverage
- 1.01
- CFO / Net profit
- 1.15
- Cash / Market cap
- 0.0%
- Cash per share
- ₹0.83
- Asset turnover
- 0.26
- Fixed asset turnover
- 15.34
- Capital intensity
- 0.07
- Debtor days
- 0 days
- Cash conversion cycle
- 0 days
Where the revenue went
FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.
| Line | FY2025 |
|---|---|
| Sales | ₹2,299 Cr |
| Expenses | ₹245 Cr |
| Operating profit | ₹2,054 Cr |
| Other income | -₹1 Cr |
| Interest | ₹0 Cr |
| Depreciation | ₹4 Cr |
| Profit before tax | ₹2,049 Cr |
| Tax and other | ₹490 Cr |
| Net profit | ₹1,559 Cr |
Revenue and net profit
Revenue grew 32.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹392 Cr | ₹179 Cr |
| FY2022 | ₹696 Cr | ₹424 Cr |
| FY2023 | ₹1,147 Cr | ₹733 Cr |
| FY2024 | ₹1,733 Cr | ₹1,170 Cr |
| FY2025 | ₹2,299 Cr | ₹1,559 Cr |
Cash flows
FY2025: ₹1,724 Cr from operations, ₹1.00 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹169 Cr | ₹20 Cr |
| FY2022 | ₹611 Cr | ₹46 Cr |
| FY2023 | ₹788 Cr | -₹17 Cr |
| FY2024 | ₹1,344 Cr | ₹40 Cr |
| FY2025 | ₹1,724 Cr | ₹1 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,299 Cr+32.7%1Y
- Net profit
- ₹1,559 Cr+33.2%1Y
- Cash from operations
- ₹1,724 Cr
- Free cash flow
- ₹1 Cr-97.5%1Y
- Revenue CAGR, 5Y
- 16.3%
- EBITDA CAGR, 5Y
- 17.6%
- Net profit CAGR, 5Y
- 11.9%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,299 Cr | ₹2,054 Cr | — | ₹1,559 Cr | ₹1,724 Cr | ₹1 Cr | 18.6% | +32.7% | +33.2% |
Monthly returns
Month-by-month returns of BAJAJFINSV across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹8,525 Cr |
| Equity capital | ₹160 Cr |
| Reserves | ₹8,212 Cr |
| Borrowings | ₹0 Cr |
| Other liabilities | ₹153 Cr |
| Assets | ₹8,525 Cr |
| Fixed assets | ₹127 Cr |
| Capital work in progress | ₹5 Cr |
| Investments | ₹7,884 Cr |
| Other assets | ₹509 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
BAJAJFINSV trades at 224.0x earnings against a peer median of 26.9x (a 733% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Bajaj Finserv LimitedBAJAJFINSVthis companyP/E ↑ premium | ₹3.2 L Cr | 224.0x | 32.1x | 18.6% | 208.5x |
| Bajaj Finance LimitedBAJFINANCE | ₹5.9 L Cr | 36.8x | 6.3x | 18.9% | — |
| LIFE INSURANCE CORPORATION OF INDIALICI | ₹5.3 L Cr | 10.3x | 3.7x | 38.2% | 9.9x |
| Kotak Mahindra Bank Ltd.KOTAKBANK | ₹4.2 L Cr | 31.7x | 3.4x | 14.0% | — |
| AXIS Bank Ltd.AXISBANK | ₹3.9 L Cr | 16.1x | 2.1x | 14.7% | — |
| SBI Life Insurance Company LimitedSBILIFE | ₹2.1 L Cr | 85.2x | 11.4x | 14.2% | 95.9x |
| Shriram Finance LimitedSHRIRAMFIN | ₹1.8 L Cr | 20.5x | 3.0x | 17.3% | — |
| Jio Financial Services LimitedJIOFIN | ₹1.8 L Cr | 258.0x | 6.2x | 2.2% | 330.6x |
| HDFC LIFE INSURANCE COMPANY LIMITEDHDFCLIFE | ₹1.6 L Cr | 85.7x | 9.5x | 11.2% | 153.1x |
| Peer median | — | 26.9x | 2.8x | 12.3% | 33.9x |
Year-to-date ROI
BAJAJFINSV since 1 January, against earlier years.
Historical volatility
BAJAJFINSV's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 64.0% |
| FY2022 | 77.0% |
| FY2023 | 85.0% |
| FY2024 | 89.0% |
| FY2025 | 89.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,299 Cr |
| Costs | |
| Interest | ₹0 Cr |
| Expenses | ₹245 Cr |
| Operating profitOperating Profit | ₹2,054 Cr |
| Other income and charges | |
| Profit before tax | ₹2,049 Cr |
| Tax | |
| Net profitNet Profit | ₹1,559 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹8,525 Cr |
| Equity capitalEquity Capital | ₹160 Cr |
| Reserves | ₹8,212 Cr |
| Borrowings | ₹0 Cr |
| Other liabilitiesOther Liabilities | ₹153 Cr |
| AssetsTotal Assets | ₹8,525 Cr |
| Fixed assetsFixed Assets | ₹127 Cr |
| Capital work in progressCWIP | ₹5 Cr |
| Investments | ₹7,884 Cr |
| Other assetsOther Assets | ₹509 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹1,724 Cr |
| Investing cash flowCash from Investing Activity | -₹1,723 Cr |
| Financing cash flowCash from Financing Activity | -₹4 Cr |
| Change in cashNet Cash Flow | -₹3 Cr |
Learn while you research
Academy chapters picked for Bajaj Finserv Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 224.0, learn when high multiples are justified.6 min read
- 04 Growth Investing33% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Sector AnalysisBanks & financials are uniquely sensitive to rates and credit cycles.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read