Bajaj Finance

    BAJFINANCE
    NBFC
    ₹928.95
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹5.78 L Cr

    P/E
    26.67
    Day range
    ₹915.40 – ₹949.70
    52-week range
    ₹787.90 – ₹1,176.40
    Volume
    62.69 L
    Open
    ₹940.00
    Prev close
    ₹942.10

    Latest results · Q2 FY27(consolidated)Revenue ₹24,546 Cr+21.6%Profit ₹6,367 Cr+28.7%Margin 25.9%YoY vs the same quarter last year

    1 red flag to read up on

    • high

      Promoters selling in the market

      Promoter group sold a net ₹29.8 Cr on the open market in 90 days · 6 Aug 2026

    From NSE and BSE filings. A flag is a reason to read the filing, not a rating.

    BAJFINANCE in NSE indices and F&O

    F&O margin for one lot of BAJFINANCE (750 shares)

    Research profile

    Composite 44 / 100

    Factor percentiles

    Value36
    Quality33
    Momentum55
    Low volatility51

    Derived metrics

    Earn. yield
    3.7%
    Graham no.
    ₹392.96
    vs Graham
    -57.7%
    ROE ÷ P/B
    3.9%
    12-1 mom.
    -1.0%
    Return / vol
    -0.29
    Piotroski
    3/5
    FCF yield
    -11.5%
    PEG
    1.20

    Appears in 7 scans

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 68 in NBFC
    Largest NBFC companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Bajaj FinanceBAJFINANCE₹5.78 L Cr26.674.7618.4%10.9%—4.08+22.8%
    National Stock Exchange of IndiaNSE₹4.13 L Cr39.37—33.0%41.0%78.0%0.01—
    Bajaj FinservBAJAJFINSV₹2.65 L Cr26.273.4526.2%11.0%41.0%5.52+19.1%
    Shriram FinanceSHRIRAMFIN₹2.04 L Cr14.421.8216.4%11.5%—2.12+15.8%
    Jio Financial ServicesJIOFIN₹1.35 L Cr77.961.051.2%2.0%63.0%0.32+73.2%
    BSE LtdBSE₹1.31 L Cr47.0019.9144.8%60.0%67.0%0.00+63.5%
    ICICI Prudential Asset Management CompanyICICIAMC₹1.31 L Cr37.6725.1985.8%115.0%73.0%0.00+16.3%
    Tata CapitalTATACAP₹1.29 L Cr24.172.8412.4%8.6%—5.15+15.1%
    Sector median₹26,914 Cr20.192.7115.3%11.4%54.0%1.74+20.3%

    Sector as classified in the tracked universe; medians use every tracked NBFC company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 7d ago

    Headlines about Bajaj Finance from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    26.4
    EPS (TTM)
    ₹32.58
    Price / Book
    4.69
    ROE (FY26)
    18.4%
    Dividend yield
    0.58%

    Moving averages (NSE)

    20-day
    ₹962.85
    Price below
    50-day
    ₹1,020.94
    Price below
    200-day
    ₹974.12
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +25.6%
    Profit 3Y CAGR
    +18.9%
    Revenue YoY (Sep 2026)
    +22.8%
    Profit YoY (Sep 2026)
    +28.7%
    Net margin
    25.9%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    0 Cr10K Cr20K Cr30K Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • FII
    • DII
    • Public
    • Government
    • Others

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1L Cr-50K Cr0 Cr50K Cr1L Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr2L Cr4L Cr6L Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x5x10x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 16 Jun 2025: earlier bars are per pre-bonus share.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26FY27₹0₹20₹40₹60

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Revenue14,16414,92616,10017,09118,03518,29419,52419,99021,01321,60623,16524,546
    Interest4,8685,2175,6846,1496,3866,5516,9187,0117,3397,3987,9428,602
    Expenses4,2294,4204,9565,3385,6915,8655,9926,1197,7376,5536,7937,120
    Financing Profit5,0665,2895,4605,6045,9585,8796,6146,8615,9377,6548,4308,825
    Financing Margin %36%35%34%33%33%32%34%34%28%35%36%36%
    Other Income5957262155-26211633
    Depreciation176193200210219252251258244256288321
    Profit before tax4,8965,1055,2655,4015,7655,6476,3686,6085,4317,4108,1498,537
    Tax %26%25%26%26%25%20%25%25%25%25%25%25%
    Net Profit3,6393,8253,9124,0144,3084,5464,7654,9484,0665,5536,0816,367
    EPS in Rs₹5.89₹6.18₹6.32₹6.46₹6.86₹7.21₹7.56₹7.84₹6.39₹8.78₹9.61₹10.06
    Gross NPA %0.9%0.8%0.9%1.1%1.1%1.0%1.0%1.2%1.2%1.0%1.0%1.1%
    Net NPA %0.4%0.4%0.4%0.5%0.5%0.4%0.5%0.6%0.5%0.4%0.4%0.4%

    From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Strengths, risks & growth

    Bajaj Finance is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence in urban and rural India. It also accepts public and corporate deposits and offers variety of financial services products to its customers.(Source : 202003 Annual Report Page No:124)

    Strengths

    • Company has delivered good profit growth of 34.2% CAGR over last 5 years
    • Company has been maintaining a healthy dividend payout of 18.6%
    • Company's median sales growth is 29.4% of last 10 years

    Risks

    • Stock is trading at 4.70 times its book value
    • Company has low interest coverage ratio.
    • Company might be capitalizing the interest cost

    Compounded Sales Growth

    10 Years
    +27%
    5 Years
    +25%
    3 Years
    +26%
    TTM
    +19%

    Compounded Profit Growth

    10 Years
    +31%
    5 Years
    +34%
    3 Years
    +19%
    TTM
    +20%

    Stock Price CAGR

    10 Years
    +24%
    5 Years
    +4%
    3 Years
    +7%
    1 Year
    -15%

    Return on Equity

    10 Years
    +19%
    5 Years
    +20%
    3 Years
    +20%
    Last Year
    +18%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter54.70%54.71%54.68%54.67%-0.01 pp
    FII21.49%21.33%20.20%19.78%-0.42 pp
    DII14.86%15.10%16.30%16.96%+0.66 pp
    Government0.08%0.08%0.09%0.09%0.00 pp
    Public8.77%8.73%8.64%8.46%-0.18 pp
    Others0.10%0.07%0.08%0.03%-0.05 pp

    Filed with NSE for Sept 2026: promoters 54.67%, public 45.30% · XBRL filing

    Analysts & fund holdings

    88%
    88% recommend buy
    32 analysts cover the stock
    Valuation vs Consumer Finance
    P/E26.7 vs 16.4
    Sector P/B2.12
    Beta1.30

    Who holds the shares, quarter by quarter

    Mutual funds 10.33% (+0.69 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters54.7%
    • Foreign institutions19.8%
    • Mutual funds10.3%
    • Insurance4.7%
    • Other domestic institutions2.0%
    • Retail4.8%
    • Others3.7%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Focused Fund0.74%8.99%+3.58 pp
    SBI Aggressive Hybrid Fund0.36%2.56%-0.14 pp
    Nippon India Large Cap Fund0.26%3.09%-0.69 pp
    Axis Large Cap Fund0.24%4.94%+0.23 pp
    UTI Flexi Cap Fund0.20%5.53%-0.73 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    30.4%
    Downside volatility
    30.7%
    Worst 5% of days
    3.1%
    Average of that tail
    4.7%
    Max drawdown (1Y)
    26.7%
    Below its peak
    19.8%

    Against the market

    Beta vs Nifty 50
    1.50
    Correlation
    0.66
    Relative strength (3M)
    -5.3%
    ATR (14)
    3.1%

    Return

    Return 1M
    -7.9%
    Return 3M
    -10.7%
    Return 6M
    -0.6%
    Return 1Y
    -8.9%
    vs 200-day average
    -4.6%

    Momentum

    RSI (14)
    38.0
    MACD histogram
    -0.50
    Stochastic %K
    24.4
    ADX (14)
    20.7
    +DI / −DI
    15.4 / 24.3
    Money flow index
    46.2

    Participation

    Delivery (20d avg)
    60.9%
    vs its 60-day baseline
    -1.5 pts
    Volume vs 20-day
    -0.8σ
    Close vs day's VWAP
    -0.1%
    52-week position
    36 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    3 of 5 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — failed
    • Current ratio improving — not testableno current assets or liabilities figure
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — failed
    Free cash flow
    -₹66,751 Cr
    FCF yield
    -11.5%
    Cash conversion
    -3.40
    Accruals ratio
    0.152
    Net debt
    ₹3.49 L Cr
    Net debt / equity
    3.06
    EV / sales
    10.24
    PEG
    1.20
    Capex intensity
    1.2%
    Revenue CAGR
    17.1%
    Profit CAGR
    22.2%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Model simulation

    30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.

    Research
    Research output, not advice. Model output for research only. Not investment advice, not a price target, and not a prediction of actual returns. Generated by a statistical model from past prices; past patterns do not determine future prices.

    Lower edge (10th percentile)

    ₹870.96

    -6.2%

    Upper edge (90th percentile)

    ₹940.25

    +1.2%

    The marker is the last close, ₹928.95. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹918.25 (-1.2%), which is the centre of the simulation and not an expected or target price.

    The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.

    Insider trades

    Last 12 months, market trades
    Net buying ₹643 Cr
    10 buys · ₹672 Cr
    1 sells · ₹29.8 Cr
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Bajaj General Insurance Limited
    Promoter Group · Market Sale
    		Sell2,59,000₹29.8 Cr7 Aug 2026
    Bajaj Life Insurance Company Ltd
    Promoter Group · Market Purchase
    		Buy15,000₹150 Cr24 Jun 2026
    BFL EMPLOYEE WELFARE TRUST
    Other · Others
    		Buy34,72,439₹128 Cr9 Apr 2026
    Maharashtra Scooters Limited
    Promoter Group · Market Purchase
    		Buy2,70,000₹23.1 Cr2 Apr 2026
    Maharashtra Scooters Limited
    Promoter Group · Market Purchase
    		Buy2,45,000₹21.6 Cr30 Mar 2026
    Bajaj Life Insurance Co. Ltd.
    Promoter Group · Market Purchase
    		Buy7,480₹74.8 Cr10 Mar 2026
    Bajaj Life Insurance Co. Ltd.
    Promoter Group · Market Purchase
    		Buy2,500₹25.0 Cr2 Jan 2026
    Bajaj Life Insurance Co. Ltd.
    Promoter Group · Market Purchase
    		Buy5,000₹50.0 Cr2 Jan 2026
    Sanjali Bajaj
    Promoter Group · Market Purchase
    		Buy9,02,500₹90.0 Cr29 Dec 2025
    Siddhantnayan Bajaj
    Promoter Group · Market Purchase
    		Buy9,02,000₹90.0 Cr29 Dec 2025
    Bajaj Allianz General Insurance Co. Ltd.
    Promoter Group · Market Purchase
    		Buy1,91,000₹20.2 Cr6 Dec 2025
    Nimisha Bajaj Family Trust
    Promoter Group · Off Market
    		Buy6,10,000₹60.5 Cr3 Oct 2025

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Corporate actions

    • dividend
      ₹6.00

      Dividend - Rs 6 Per Share

      30 Jun 2026
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 4:1

      16 Jun 2025
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share

      16 Jun 2025
      ex-date
    • dividend
      ₹44.00

      Dividend - Rs 44 Per Share

      30 May 2025
      ex-date
    • dividend
      ₹12.00

      Special Dividend - Rs 12 Per Share

      9 May 2025
      ex-date
    • dividend
      ₹36.00

      Dividend - Rs 36 Per Share

      21 Jun 2024
      ex-date
    • dividend
      ₹30.00

      Dividend - Rs 30 Per Share

      30 Jun 2023
      ex-date
    • dividend
      ₹20.00

      Dividend - Rs 20 Per Share

      30 Jun 2022
      ex-date
    • dividend
      ₹10.00

      Annual General Meeting/Dividend - Rs 10 Per Share

      8 Jul 2021
      ex-date
    • dividend
      ₹10.00

      Interim Dividend - Rs 10 Per Share

      3 Mar 2020
      ex-date
    • dividend
      ₹6.00

      Annual General Meeting/ Dividend - Rs 6 Per Share

      11 Jul 2019
      ex-date
    • dividend
      ₹4.00

      Annual General Meeting / Dividend- Rs 4 Per Share

      5 Jul 2018
      ex-date
    • dividend
      ₹3.60

      Annual General Meeting/Dividend - Rs 3.60/- Per Share

      6 Jul 2017
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:1/Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

      8 Sept 2016
      ex-date
    • split
      Not available — not reported in this filing

      Bonus 1:1/Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

      8 Sept 2016
      ex-date
    • dividend
      ₹7.00

      Dividend Rs 7/- Per Share

      14 Jul 2016
      ex-date
    • dividend
      ₹18.00

      Interim Dividend - Rs 18/- Per Share (Purpose Revised)

      16 Mar 2016
      ex-date
    • dividend
      ₹18.00

      Annual General Meeting / Dividend - Rs 18/- Per Share

      9 Jul 2015
      ex-date
    • dividend
      ₹16.00

      Annual General Meeting And Dividend Rs.16/- Per Share

      3 Jul 2014
      ex-date
    • dividend
      ₹15.00

      Annual General Meeting And Dividend Rs.15/- Per Share

      4 Jul 2013
      ex-date
    • rights
      Not available — not reported in this filing

      Rights 3:19 @ Premium Rs 1090 Per Share

      23 Jan 2013
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Transcript of conference call held in respect of Financial Results for the Quarter and Half Year ended 30 September 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Allotment of Secured Redeemable Non-Convertible Debentures on Private Placement Basis.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    The audio recording of the conference call has been hosted on the website of the Company and is available at 'QUARTERLY EARNINGS CALL' drop down https://www.aboutbajajfinserv.com/finan ....

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    The Board of Directors at their meeting held today, i.e., 19 October 2026, approved the re-appointment of Prashant Verma as Chief Information Security Officer (CISO) as per RBI Guidelines, ....

    Company Update
    Announcement under Regulation 30 (LODR)-Issue of Securities

    The Board of Directors of the Company, at their meeting held today, i.e., 19 October 2026, approved, inter alia, issue of 49,00,737 equity shares of face value of Re. 1 at the respective ....

    Result
    Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30 September 2026

    Unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Investor Presentation for the quarter ended 30 September 2026.

    Board Meeting
    Board Meeting Outcome for Outcome Of Board Meeting Held On 19 October 2026

    The Board Meeting today commenced at 16.15 Hrs. IST and the financial results for the quarter and Half year ended 30 September 2026 were approved at 16:55 Hrs. IST. The proceedings of the ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of Analysts'/Investors' Meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of Analysts'/Investors' Meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of Analysts'/Investors' Meet.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of Conference Call in respect of financial results for the quarter ended 30 September 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper publication under regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

    AGM/EGMPrice-sensitive
    Notice Of The Extraordinary General Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

    Notice of Extraordinary General Meeting scheduled to be held on Monday, 2 November 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Allotment of Secured Redeemable Non-Convertible Debentures on Private Placement basis.

    Filed with BSE (scrip 500034); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Rights issue

      Bajaj Finance Limited

      23 Jan 2013
      Read on SEBI
    • Rights issue - Draft Letter of Offer

      Bajaj Finance Limited - Draft Letter of Offer

      23 Nov 2012
      Read on SEBI

    Regulatory orders

    • Adjudication order

      Adjudication Order against Shri Amit Raghuvanshi in the matter of Bajaj Finance Ltd.

      10 Oct 2014
      Read on SEBI
    • Adjudication order

      Adjudication Order in respect of Sunil Gokhale in the matter of Bajaj Finance Ltd.

      29 Nov 2013
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 20 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Bajaj Finance: common questions

    Answered from the figures on this page.

    Bajaj Finance last traded at ₹928.95 (NSE, as of 25 Oct 2026). The last session moved it down 1.40%.

    Bajaj Finance is valued at about ₹5.78 lakh crore (NSE, as of 25 Oct 2026).

    Bajaj Finance trades at a price-to-earnings ratio of 26.67 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Bajaj Finance has traded between ₹787.90 and ₹1,176.40 over the past 52 weeks, to 25 Oct 2026. It is currently 36% of the way up that range.

    Bajaj Finance (BAJFINANCE) is classified under NBFC on this site's screener.