Bajaj Finserv

NSE: BAJAJFINSVBSE: 532978
Compare with peers
₹ 1,652.40▼ 24.6 (−1.47%)28 Oct, 03:28 pm IST
Market cap
₹ 2,65,301 Cr.
P/E
25.8x
P/B
3.44x
52-week range
1,597 – 2,188.7
ROE
13%
ROCE
11%
Dividend yield
0.1%
Debt / equity
5.52
Sector
Finance
Industry
Holding Company
Listed on
NSE, BSE

About

Bajaj Finserv Limited is a holding company for various financial services businesses. It is engaged in the business of promoting financial services such as finance, insurance, broking, investments, and others, including distribution using digital platforms through its investments in subsidiaries and joint ventures. It is also engaged in the business of generating power through wind turbines, a renewable source of energy. Its segments include Life Insurance, General Insurance, Retail Financing, and Windmill, Platforms & other Investments. It focuses on commercial lending; personal loans; small and medium enterprise lending; rural lending; loan against securities, and partnerships and services. It serves various customers through its subsidiaries by providing financial products and services for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Holding Company: 15 companies →

Bajaj Finserv against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)25.8 against a typical 9.6: pricier than most peers (1st = cheapest).12th of 15
  • Sales growth+19.1% against a typical +20.2% from a year earlier.8th of 14
  • Profit growth+18.2% against a typical +28.6% from a year earlier.8th of 12
  • Share price, 3 months−14.1% against a typical −8.7%.11th of 15
  • Size₹ 2,65,301.4 Cr. market value against a typical ₹ 1,425.4 Cr. (1st = largest).1st of 14

Latest announcements

Exchange filings and their impact on the company.

  • 23 Oct 2026Press ReleaseLow impactNeutralPrice −1.4% that day
    Bajaj General Insurance names insider Deepak Reddy as CEO-designate to succeed Tapan Singhel from April 2027.

    Bajaj Finserv said its material unlisted subsidiary Bajaj General Insurance has appointed Deepak Reddy as CEO Designate from 1 January 2027, to take over as MD & CEO from 1 April 2027 subject to IRDAI approval. Incumbent Dr. Tapan Singhel will continue until 31 March 2027 to ensure a seamless handover. The change is in line with IRDAI's 15-year maximum tenure rule and signals continuity, with an insider who spent 17 years at Bajaj Finserv and led Rural, Insurance and Gold Loan businesses at Bajaj Finance.

    Filing
  • 17 Oct 2026AcquisitionLow impactPositivePrice −1.7% on 19 Oct
    Bajaj Finserv incorporates Bajaj Reinsurance as a wholly owned subsidiary to enter reinsurance, pending regulatory approvals.

    Bajaj Finserv has incorporated a wholly owned subsidiary, Bajaj Reinsurance Limited, on 17 October 2026 to carry on reinsurance business. This follows board approval on 31 July 2026 to pursue reinsurance through a subsidiary. The new company cannot start operations until it receives necessary regulatory approvals, so there is no immediate financial impact but it opens a new long-term business line.

    Filing
  • 16 Oct 2026UpdatesMedium impactPositivePrice −1.7% on 19 Oct
    Insurance subsidiaries post strong September growth, with life new business up ~40% YTD.

    Bajaj Finserv disclosed provisional September 2026 numbers for its unlisted insurance arms. Bajaj General Insurance wrote Rs 2,363 crore in September (+6.5% YoY) and Rs 12,798 crore YTD (+10.8% YoY). Bajaj Life Insurance did Rs 1,830.86 crore new business in September (+33.2% YoY) and Rs 8,847.81 crore YTD (+39.8% YoY), led by group single and individual single premium. The strong momentum supports higher consolidated premium income and earnings over the next year.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
3 Nov 2026UpcomingFinancial ResultsTo consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
31 Jul 2026Financial ResultsTo consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter ended 30 June 2026.
30 Apr 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend, if any.
4 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
11 Nov 2025Financial ResultsTo consider and approve the standalone and consolidated financial results for the quarter and half year ended September 30, 2025
25 Jul 2025Other business mattersBajaj Finserv Limited has informed the Exchange regarding prior intimation of Board Meeting to be held on 25 July 2025 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended 30 June 2025.
29 Apr 2025Financial Results/DividendTo consider and approve the audited financial results for the quarter and year ended March 31, 2025 and dividend

Share price

1Y change −23.86%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales26,02329,03832,04131,48033,70432,04236,59535,28837,40339,70838,49442,037
Expenses16,07318,60121,10819,65521,42019,66923,86820,97323,35225,84223,98324,896
Operating Profit9,95010,43810,93311,82512,28312,37312,72814,31514,05013,86614,51117,141
OPM %38%36%34%38%36%39%35%41%38%35%38%41%
Other Income02433310133−378255
Interest4,4494,7775,1545,5926,0466,2766,3966,8076,9017,2327,2917,834
Depreciation209232257267275288339317327330317380
Profit before tax5,2925,4315,5275,9685,9665,8126,0027,2046,8255,9266,9288,932
Tax %29%26%26%29%30%24%21%26%30%26%25%30%
Net Profit3,7564,0454,0854,2094,1804,4124,7565,3294,7464,3685,2266,297
EPS in Rs12.0913.5213.2813.3913.0713.9715.1417.4614.0413.9515.8619.57

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
22%
5 Years
20%
3 Years
22%
TTM
15%
Compounded Profit Growth
10 Years
18%
5 Years
17%
3 Years
16%
TTM
8%
Stock Price CAGR
10 Years
22%
5 Years
6%
3 Years
11%
TTM
—
Return on Equity
10 Years
14%
5 Years
14%
3 Years
14%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
58.72%
−0.09 pts in a year
FIIs
6.9%
−1.5 pts in a year
DIIs
12.11%
+2.02 pts in a year
Public
22.23%
−0.37 pts in a year
Others
0.06%
−0.04 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 25.8xEPS (12 months) ₹ 64.26Median P/E 29.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Bajaj Finserv₹ 1,652.40₹ 2,65,301 Cr.25.8x3.4x13%—
HDFC Life Insurance Company₹ 523.50₹ 1,13,735 Cr.62.7x6.9x10.8%1.9%
Aditya Birla Capital₹ 346.75₹ 94,929 Cr.21.1x3.1x11.6%8.6%
General Insurance Corporation of India₹ 323.80₹ 56,840 Cr.6.6x1.1x17.9%18.6%
Canara HSBC Life Insurance Company₹ 124.90₹ 11,881 Cr.112.6x8.9x—1.2%

Management

Sanjiv Rahulkumar Bajaj
Executive Chairman of the Board, Managing Director
Ramandeep Singh Sahni
Chief Financial Officer
Anish Praful Amin
President - Group Risk, Assurance and Human Resources
Tarun Chugh
Managing Director, Chief Executive Officer of Bajaj Allianz Life Insurance Company Ltd
Kurush Irani
President - Corporate Social Responsibility
Lakshmi Iyer
Group President Investments
V. Rajagopalan
President - Legal and Taxation
N. Srinivasa Rao
Chief Economist and President - Corporate Affairs

Prices are delayed and for information only. Nothing on this page is investment advice.