- Next results date: the board meets on 3 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹2,65,141 Cr27th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- 26.1
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- 3.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.09%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 13.5%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 8.00%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 7.21%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 2.09%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 2.79%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 5.24times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 10,35,02057.1% delivered
Results
Consolidated; ₹ crore. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Quarterly results
Quarter to Jun 2026, against the quarter before
- Income from operationsIncome from operations. The pill is the change in income from operations against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹42,037 Crup 9.20%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹6,297 Crup 20.48%
Income from operations by quarter
Peak income from operations ₹42,037 Cr, quarter to Jun 2026
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income from operations | 33,704 | 32,042 | 36,595 | 35,439 | 37,403 | 39,708 | 38,494 | 42,037 |
| Net profit | 4,180 | 4,412 | 4,756 | 5,329 | 4,746 | 4,368 | 5,226 | 6,297 |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- Income from operationsIncome from operations. The pill is the change in income from operations against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,50,504 Crup 12.47%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹19,669 Crup 12.03%
Income from operations by year
Peak income from operations ₹1,50,504 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income from operations | 24,522 | 30,599 | 42,604 | 54,347 | 60,591 | 68,406 | 82,071 | 1,10,382 | 1,33,821 | 1,50,504 |
| Net profit | 2,262 | 2,741 | 5,374 | 5,994 | 7,367 | 8,314 | 12,210 | 15,595 | 17,558 | 19,669 |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Retail financingRetail financing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹81,990 Crup 17.59%53.1%
- InsuranceInsurance, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹68,860 Crup 7.30%44.6%
- Investments and othersInvestments and others, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,619 Crdown 9.65%2.3%
- WindmillWindmill, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹24 Cr0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 5% of 2,379 trading days over the last 10 years.
LowestHighest
Its median34.9Industry median11.9
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 5% of 1,908 trading days since Oct 2018.
LowestHighest
Its median4.9Industry median1.4
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 97% of 2,471 trading days over the last 10 years.
LowestHighest
Its median0.04%Industry median2.60%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −18.6% | +10.3% | −26.3% | 0.1% |
| 3 years | +8.9% | +15.0% | −5.4% | 0.1% |
| 5 years | +11.1% | +16.9% | −5.0% | 0.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual funds holding it
324 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 171 of the 208 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 5
- AddedAdded. Funds that held more shares than at the end of the month before.
- 122
- CutCut. Funds that held fewer shares than at the end of the month before.
- 86
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 109
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 6
| Fund | |||
|---|---|---|---|
 ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 1,23,97,312 | 2.55% | ₹2,146.0 Cr |
 SBI Nifty 50 ETFSBI Mutual Fund | 1,12,74,746 | 0.96% | ₹1,951.7 Cr |
| SBI BSE Sensex ETFSBI Mutual Fund | 75,34,407 | 1.13% | ₹1,305.6 Cr |
 HDFC Large Cap FundHDFC Mutual Fund | 65,72,078 | 3.05% | ₹1,137.6 Cr |
| ICICI Prudential Value FundICICI Prudential Mutual Fund | 59,51,706 | 1.80% | ₹1,030.2 Cr |
| ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund | 52,34,432 | 2.86% | ₹906.1 Cr |
 UTI Nifty 50 ETFUTI Mutual Fund | 38,66,616 | 0.96% | ₹669.3 Cr |
 Nippon India ETF Nifty 50 BeESNippon India Mutual Fund | 36,19,512 | 0.96% | ₹626.5 Cr |
| UTI BSE Sensex ETFUTI Mutual Fund | 35,50,323 | 1.13% | ₹615.2 Cr |
| ICICI Prudential Nifty 50 ETFICICI Prudential Mutual Fund | 23,73,255 | 0.96% | ₹410.8 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 24 Oct 2025.Bajaj Finserv insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Promoters and promoter group2 purchases, 3 sales₹375 Cr₹745 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹370 Cr
- Others: no market trade · 33 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Peers and competitors
Holding Company, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Bajaj Finserv in market cap.Financial Services stocks
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Bajaj Holdings & InvestmentBAJAJHLDNG | 1,24,370 | 14.0 | 1.7 | 128.9 | +30.2% | +5.5% | 13.0% | 1.1% | 1.75% |
 Choice InternationalCHOICEIN | 15,297 | 63.0 | 9.2 | 37.2 | +26.6% | – | 18.0% | 14.7% | 0.00% |
 Edelweiss Financial ServicesEDELWEISS | 11,314 | 18.8 | 2.4 | 9.1 | +14.0% | +48.0% | 13.3% | 11.3% | 1.25% |
 JM FinancialJMFINANCIL | 10,162 | 9.8 | 1.0 | 7.1 | −5.2% | −5.8% | 10.2% | 9.9% | 3.06% |
 Rane HoldingsRANEHOLDIN | 2,044 | 24.2 | 1.8 | 6.5 | +25.8% | – | 7.5% | 9.9% | 3.28% |
 BF InvestmentBFINVEST | 1,446 | 3.7 | 0.2 | 13.3 | +22.7% | +398.7% | 5.0% | 0.8% | 2.60% |
 Balmer Lawrie InvestmentsBLIL | 1,385 | 7.7 | 1.0 | 2.2 | +8.8% | +2.4% | 12.7% | 12.7% | 6.89% |
 Abans Financial ServicesAFSL | 1,029 | 8.0 | 0.8 | 5.6 | +427.8% | +17.1% | 11.0% | 9.7% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹1.50 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 30 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.50 |
| 27 Jun 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 21 Jun 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 30 Jun 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.80 |
| 30 Jun 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.00 |
| 8 Jul 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
19 Oct · Analysts
Bajaj Finserv share price by year
Each calendar year to 2025.Bajaj Finserv share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,039.90 | +30.1% | 2,176.60 | 1,576.40 |
| 2024 | 1,568.10 | −7.0% | 2,010.70 | 1,477.30 |
| 2023 | 1,685.80 | +8.9% | 1,733.15 | 1,223.15 |
| 2022 | 1,547.85 | −5.7% | 1,837.06 | 1,093.18 |
| 2021 | 1,640.62 | +84.2% | 1,907.66 | 835.46 |
| 2020 | 890.64 | −5.2% | 989.43 | 409.73 |
| 2019 | 939.34 | +45.0% | 944.32 | 588.52 |
| 2018 | 647.70 | +23.8% | 711.66 | 481.24 |
| 2017 | 523.04 | +80.7% | 573.33 | 294.97 |
| 2016 | 289.49 | +45.6% | 345.89 | 160.04 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,684.00 | 1,684.00 | 1,635.00 | 1,655.00 | 1,651.98 | 10,35,020 | 57.1% |
| 22 Oct 2026 | 1,673.30 | 1,692.90 | 1,651.90 | 1,678.00 | 1,674.45 | 12,55,693 | 53.1% |
| 21 Oct 2026 | 1,687.90 | 1,700.90 | 1,663.30 | 1,690.00 | 1,673.62 | 13,26,684 | 63.6% |
| 19 Oct 2026 | 1,730.00 | 1,734.20 | 1,694.00 | 1,700.00 | 1,707.70 | 9,69,243 | 57.7% |
| 16 Oct 2026 | 1,737.00 | 1,738.60 | 1,704.00 | 1,729.00 | 1,728.53 | 11,75,735 | 60.9% |
| 15 Oct 2026 | 1,715.00 | 1,746.10 | 1,705.00 | 1,732.00 | 1,727.91 | 9,70,226 | 56.4% |
| 14 Oct 2026 | 1,755.00 | 1,758.00 | 1,708.00 | 1,721.70 | 1,721.72 | 8,90,164 | 55.9% |
| 13 Oct 2026 | 1,717.10 | 1,757.90 | 1,707.30 | 1,755.70 | 1,742.10 | 15,82,086 | 59.5% |
| 12 Oct 2026 | 1,746.30 | 1,752.30 | 1,710.70 | 1,719.90 | 1,725.26 | 5,65,062 | 56.5% |
| 9 Oct 2026 | 1,713.00 | 1,751.00 | 1,711.50 | 1,734.70 | 1,736.49 | 7,72,498 | 52.8% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Sep 2022 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 13 Sep 2022 | Split | 0.2000 | Each share became 5. |
| 23 Mar 2020 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 6 Sep 2012 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
About Bajaj Finserv
Bajaj Finserv Ltd. is the holding company for the financial services businesses of the Bajaj group. It offers loans, insurance, mutual funds, stock broking and health services to individuals, small and medium businesses and corporate customers. It is a core investment company, which must invest at least 90 per cent of its net assets in group companies.
Bajaj Finserv holds a majority of Bajaj Finance Ltd., a listed non-banking financial company (a non-bank lender) that makes consumer and commercial loans and takes deposits. Bajaj Finance holds 86.70 per cent of Bajaj Housing Finance Ltd., a listed housing lender, and wholly owns Bajaj Financial Securities Ltd., a digital stock broker. Bajaj General Insurance Ltd. sells general insurance, and Bajaj Life Insurance Ltd. sells life insurance, savings and retirement products. A wholly owned asset management company runs a mutual fund. Bajaj Finserv Direct Ltd. operates a financial products marketplace, and Bajaj Finserv Health Ltd. a health-tech business.
Bajaj Finance is present in 4,098 locations across India, 2,571 of them in rural areas and smaller towns. Bajaj Finserv has its corporate office in Pune and owns 138 windmills in Maharashtra.
The Bajaj group was established in 1926 by Jamnalal Bajaj. Bajaj Finserv was incorporated on 30 April 2007 and formed through the 2008 demerger, or split, of Bajaj Auto Ltd., inheriting windmills and financial services investments. In the quarter to March 2026, Bajaj Finserv and its promoter group entities, Bajaj Holdings & Investment Ltd. and Jamnalal Sons Pvt. Ltd., bought the 26 per cent stake that Allianz SE of Germany held in both insurers. A promoter is the person or group that set up a company or controls it.
- Legal name
- Bajaj Finserv Limited
- NSE symbol
- BAJAJFINSV
- BSE code
- 532978
- ISIN
- INE918I01026
- Industry
- Finance
- Listed
- May 2008
- Face value
- ₹1
- CIN
- L65923PN2007PLC130075
- Corporate identity number, the registrar of companies' code for it
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