Bajaj Finance logo

Bajaj Finance share price

NSE: BAJFINANCEBSE: 500034FinanceLarge Cap

Formerly Bajaj Auto Finance
Last close ₹928.95down ₹13.15 (1.40%)BSE ₹927.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹942.10.

52-week range of traded prices to 23 Oct 2026
₹787.90Low, 23 Mar 2026₹1,176.40High, 3 Aug 2026
Market cap
₹5,78,360 Cr7th largest listed
P/E
26.7
P/B
4.7
Dividend yield
0.65%
ROE
19.2%
NIM
9.08%
Cost of funds
7.20%
Credit cost
2.09%
ROA
3.77%
Leverage
4.75times net worth
Volume, NSE
62,70,76051.8% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−15.1%over a year

ResultsDividend20-session average 87,57,176 shares a day, 61.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 19 Oct

Income from operations
₹24,546 Crup 5.96%
Net profit
₹6,367 Crup 4.70%

Income from operations by year

Peak income from operations ₹81,982 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreDec 2024Filed 31 JanMar 2025Filed 30 AprJun 2025Filed 24 JulSep 2025Filed 10 NovDec 2025Filed 3 FebMar 2026Filed 29 AprJun 2026Filed 30 JulSep 2026Filed 19 Oct
Income from operations18,03518,45719,52420,17921,21421,60623,16524,546
Net profit4,3084,5464,7654,9484,0665,5536,0816,367
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.

Business segments

In the year to Mar 2026 the company reports one business segment, NBFC, which carries all its revenue.

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 earnings

At or below today's level on 2% of 2,468 trading days over the last 10 years.

LowestHighest
Its median40.4Industry median18.5
Price to book

At or below today's level on 0.4% of 1,971 trading days since Oct 2018.

LowestHighest
Its median7.8Industry median1.1
Dividend yield

At or below today's level on 97% of 2,456 trading days over the last 10 years.

LowestHighest
Its median0.27%Industry median0.77%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−9.6%+13.8%−21.2%0.7%
3 years+13.2%+17.1%−3.9%0.6%
5 years+9.8%+33.0%−17.8%0.5%
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.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters54.67%
  • Foreign institutions19.79%
  • Indian institutions17.05%
  • Individuals and others8.46%
  • Employee trusts0.03%
Holder
BAJAJ FINSERV LIMITEDPromoter51.30%
MAHARASHTRA SCOOTERS LIMITEDPromoter3.06%
Life Insurance Corporation of IndiaInsurance companies2.99%
NPS TrustProvident and pension funds1.60%
SANJIVNAYAN BAJAJPromoter0.08%
BAJAJ SEVASHRAM PRIVATE LIMITEDPromoter0.05%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

The filing reports 1,55,00,000 of its 6,22,59,54,304 shares locked in.

Mutual funds holding it

509 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 169 of the 253 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. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
2
Bought again
8
Added
170
Cut
83
Held unchanged
243
Sold out
4
Fund
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund5,29,22,9682.50%₹5,077.4 Cr
SBI Mutual Fund logoSBI Focused FundSBI Mutual Fund4,70,00,0008.99%₹4,509.2 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund3,59,73,4642.99%₹3,457.9 Cr
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund2,30,00,0002.56%₹2,206.6 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund1,81,49,6922.50%₹1,741.3 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty 50 BeESNippon India Mutual Fund1,69,89,8092.50%₹1,630.0 Cr
UTI Mutual Fund logoUTI BSE Sensex ETFUTI Mutual Fund1,69,51,0142.99%₹1,629.4 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund1,65,34,1843.09%₹1,586.3 Cr
Axis Mutual Fund logoAxis Large Cap FundAxis Mutual Fund1,50,49,5624.94%₹1,443.9 Cr
UTI Mutual Fund logoUTI Flexi Cap FundUTI Mutual Fund1,29,63,4845.53%₹1,243.7 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Non Banking Financial Company (NBFC), 281 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Bajaj Finance in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Shriram Finance logoShriram FinanceSHRIRAMFIN2,03,53818.0––+14.2%+16.8%18.5%–3.26%9.00%1.25%
Tata Capital logoTata CapitalTATACAP1,30,21124.12.8–––11.8%–––0.19%
Cholamandalam Investment and Finance Company logoCholamandalam Investment and Finance CompanyCHOLAFIN1,25,52221.84.1–+19.6%+29.1%21.3%–2.34%6.79%0.14%
Muthoot Finance logoMuthoot FinanceMUTHOOTFIN95,2688.42.4–+50.7%+84.8%33.2%–6.46%12.81%1.26%
SBI Cards and Payment Services logoSBI Cards and Payment ServicesSBICARD51,91722.83.3–+7.9%+21.2%15.4%–3.29%11.24%0.46%
Piramal Finance logoPiramal FinancePIRAMALFIN44,35423.41.4–––6.5%–––0.59%
Sundaram Finance logoSundaram FinanceSUNDARMFIN44,23319.93.0–+13.7%+15.6%15.8%–2.56%4.60%1.00%
Authum Investment & Infrastructure logoAuthum Investment & InfrastructureAIIL42,18520.12.918.4−34.5%−48.8%14.2%13.3%––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; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts or has no recent year with a balance sheet at its start and its end. 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. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. 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

Highest ₹6.00 a share, year to Mar 2026.
Ex-dateTypePer share
30 Jun 2026Final₹6.00
30 May 2025Final₹44.00
9 May 2025Special₹12.00
21 Jun 2024Final₹36.00
30 Jun 2023Final₹30.00
30 Jun 2022Final₹20.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Bajaj Finance share price by year

Each calendar year to 2025.Bajaj Finance share price history

YearClose at year endChangeHighest closeLowest close
2025986.80+44.6%1,094.15693.53
2024682.30−6.9%776.84631.13
2023732.78+11.4%816.86553.45
2022657.52−5.8%785.26528.39
2021697.73+31.8%792.93447.96
2020529.52+25.0%533.42182.90
2019423.48+60.1%425.27245.85
2018264.52+50.6%298.55159.65
2017175.67+108.6%196.3287.01
201684.22+40.1%116.2855.03
₹ 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.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026940.00949.70915.40928.95929.6562,70,76051.8%
22 Oct 2026907.45942.10907.40942.10932.071,06,21,52360.1%
21 Oct 2026963.70968.80918.70926.00931.881,85,57,07055.7%
19 Oct 2026985.00985.50955.60957.35970.7083,08,85255.9%
16 Oct 2026966.00982.10958.50982.10974.6078,10,80965.1%
15 Oct 2026951.90975.00947.65965.25964.571,08,02,45067.1%
14 Oct 2026980.00984.75957.00957.00965.8971,39,30565.2%
13 Oct 2026946.60986.50946.10982.75974.2375,59,51561.6%
12 Oct 2026960.00972.85954.00957.25960.1750,44,92560.8%
9 Oct 2026951.95968.00950.70960.00960.5276,84,27565.1%
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-dateEventPrice factorWhat happened
16 Jun 2025Bonus0.2000Holders received 4 bonus shares for every 1 held.
16 Jun 2025Split0.5000Each share became 2.
23 Mar 2020Price 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.
8 Sep 2016Bonus0.5000Holders received 1 bonus share for every 1 held.
8 Sep 2016Split0.2000Each share became 5.
23 Jan 2013Rights 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 Finance

Bajaj Finance Limited is a non-banking financial company (NBFC), a lender that is not a bank. It is registered with the Reserve Bank of India as a deposit-taking NBFC and sits in the regulator's upper layer of NBFCs. It lends to retail customers, micro, small and medium enterprises (MSMEs) and commercial customers in urban and rural India, accepts deposits and offers payments services.

Its business has 11 categories: consumer lending, personal loans, MSME lending, vehicle finance, rural lending, gold loans, microfinance, commercial lending, loan against securities, deposits, and partnerships and services. As a registered corporate agent, it distributes life, health and general insurance. It has two subsidiaries: Bajaj Housing Finance Limited, a listed housing finance company, and Bajaj Financial Securities Limited, a wholly owned stockbroker.

Bajaj Finance operates across India, with 4,073 locations as of June 2026, 1,701 gold loan branches and 447 microfinance branches. Its rural lending covers 2,571 locations in 22 states and 2 union territories as of March 2026. It has 73,261 full-time employees as of June 2026 and 124.43 million customers.

The company was incorporated on 25 March 1987, primarily to finance two- and three-wheelers. It listed on the Bombay Stock Exchange on 7 June 1994 and the National Stock Exchange on 1 April 2003, then added consumer, MSME, commercial and rural lending, payments and deposits. In December 2025 it sold 166.6 million shares of Bajaj Housing Finance, lowering its holding to 86.70%. Bajaj Finance is a subsidiary of Bajaj Finserv Limited, the holding company of the financial services businesses of the Bajaj Group, which Jamnalal Bajaj established in 1926.

Legal name
Bajaj Finance Limited
NSE symbol
BAJFINANCE
BSE code
500034
ISIN
INE296A01032
Industry
Finance
Listed
Jun 1994 on BSE, Apr 2003 on NSE
Face value
₹1
Former symbols
BAJAUTOFIN
CIN
L65910MH1987PLC042961
Corporate identity number, the registrar of companies' code for it