BAJFINANCE · NSE
Bajaj Finance Limited
₹1,040.3
+2.49% (+₹25.3)
Prev. close
₹1,015
Volume
82,01,656
Delivery %
75.9%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
8 analyst stances · last 90 days · one per analyst
Trackable
5 · 5 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
3 · 2 bull / 0 neutral / 1 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Overweight rating on Bajaj Finance, a financial stock that has delivered a strong 19% gain over the past 12 months, outp…” | Morgan Stanley AnalysisMorgan Stanley India | Bajaj Finance | PENDING | |
| “Recommends buying Bajaj Finance at ₹1060 with a target of ₹1145 and a stop loss of ₹1018. The stock is in a short-term p…” | Sumeet BagadiaChoice Equity Broking | Bajaj Finance | PENDING | |
| “Bullish on Bajaj Finance, setting a target price of ₹1,280, implying 19% upside. The positive view is driven by strong e…” | Jefferies AnalysisJefferies | Bajaj Finance | PENDING | |
| “Maintains an overweight stance on Bajaj Finance with a 14% upside target of ₹1,305. The company is well-positioned for r…” | Axis Securities AnalysisAxis Securities | Bajaj Finance | PENDING | |
| “Bullish on Bajaj Finance with a price target of ₹1,160, indicating a 15% upside. The company is a leading NBFC in consum…” | Axis Securities AnalysisAxis Securities | Bajaj Finance | NOT GRADED | |
| “Bullish on Bajaj Finance with a target price of Rs 1,250, suggesting an upside of 25% from its current market price of R…” | InCred Equities AnalysisInCred Equities | Bajaj Finance | PENDING |
Market commentary · 3 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on Bajaj Finance, which is moving beyond earnings normalisation into a period of structurally stronger earnings …” | Siddhartha KhemkaMotilal Oswal Financial Services Ltd. | Bajaj Finance | PENDING | |
| “Bullish on Bajaj Finance with a target price of ₹1,250, implying a 16% upside potential from its previous close of ₹1,07…” | Mirae Asset Sharekhan AnalysisMirae Asset Sharekhan | Bajaj Finance | PENDING | |
| “Bearish on Bajaj Finance, expecting the RBI circular on revolving credit to impact its growth and profitability. IIFL an…” | IIFL Capital AnalysisIIFL Capital | Bajaj Finance | PENDING |
Fundamentals
About Bajaj Finance Limited
Bajaj Finance Limited operates as a deposit-taking non-banking financial company in India. The company offers financing for various products, such as consumer electronics, furniture, digital products, lifestyle products, lifecare services, e-commerce purchases, retail spends, and two and three-wheelers; and personal, unsecured, home, secured, gold, and car loans. It also provides secured and unsecured loans to micro, small, and medium enterprises; loans against property, mutual funds, insurance policies, and shares; developer finance and lease rental discounting services; commercial vehicle financing; and new and used car financing, and tractor financing. In addition, the company offers commercial and rural lending; public and corporate deposits; loans against securities; micro-finance and auto financing lending; proprietary trading, ESOP financing, and broking and margin trade financing services. Further, it distributes life, health, and general insurance products. The company was formerly known as Bajaj Auto Finance Limited and changed its name to Bajaj Finance Limited in September 2010. The company was incorporated in 1987 and is based in Pune, India. Bajaj Finance Limited is a subsidiary of Bajaj Finserv Ltd.
Details
Sector
Financial Services
Industry
Credit Services
CEO
Mr. Rajeev A. Jain
Headquarters
Pune
Employees
71,613
Exchange
View on NSE ↗Key stats
Market cap
₹6.31 L Cr
P/E ratio (TTM)
31.1
Dividend yield
0.54%
EPS (TTM)
₹32.60
Beta (1Y · daily vs NIFTY 50)
1.52
Beta (5Y · monthly vs NIFTY 50)
1.26
Shares float
266.55 Cr
EPS · quarter ended Jun 2026
₹9.60
Upcoming earnings
16 Nov 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with ANNUAL-REPORT (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with ANNUAL-REPORT; the two sources' revenue definitions differ by 0.0% on Mar 2021. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹26,668.10 Cr | ₹31,632.42 Cr | ₹26,966.90 Cr | ₹34,326.32 Cr | ₹41,479.57 Cr | ₹49,665.45 Cr | |
| EBITDA | ₹15,731.53 Cr | ₹19,636.59 Cr | ₹28,571.46 Cr | ₹38,709.94 Cr | ₹47,713.60 Cr | ₹55,475.12 Cr |
| ₹4,419.82 Cr | ₹7,028.23 Cr | ₹11,507.69 Cr | ₹14,451.17 Cr | ₹16,637.82 Cr | ₹19,017.39 Cr | |
| Diluted EPS | ₹7.3 | ₹11.58 | ₹18.96 | ₹23.6 | ₹26.82 | ₹30.51 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1.71 L Cr | ₹2.13 L Cr | ₹2.75 L Cr | ₹3.76 L Cr | ₹4.66 L Cr | ₹5.60 L Cr | |
| — | ₹54,363.56 Cr | ₹81,549.40 Cr | ₹2.18 L Cr | ₹2.75 L Cr | ₹3.53 L Cr | |
| Stockholders' equity | ₹36,918.00 Cr | ₹43,712.69 Cr | ₹54,371.98 Cr | ₹76,696.00 Cr | ₹96,693.00 Cr | ₹1.14 L Cr |
Inventory, Receivables (trade + unbilled), Trade receivables, Unbilled receivables (contract assets), Total debt, Long-term debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹-880.95 Cr | ₹-37,028.62 Cr | ₹-42,140.40 Cr | ₹-69,843.31 Cr | ₹-68,154.47 Cr | ₹-65,789.80 Cr | |
| Investing cash flow | ₹-428.54 Cr | ₹6,346.84 Cr | ₹-10,365.25 Cr | ₹-10,088.01 Cr | ₹-2,765.02 Cr | ₹-3,388.63 Cr |
| ₹1,826.14 Cr | ₹32,239.62 Cr | ₹50,674.96 Cr | ₹82,415.08 Cr | ₹70,527.44 Cr | ₹67,432.87 Cr | |
| Capital expenditure | ₹-309.49 Cr | ₹-634.17 Cr | ₹-878.00 Cr | ₹-1,038.00 Cr | ₹-1,082.00 Cr | ₹-961.00 Cr |
| End cash position | ₹1,849.33 Cr | ₹3,381.44 Cr | ₹1,550.75 Cr | ₹4,034.51 Cr | ₹3,642.46 Cr | ₹1,896.90 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22 | Sep 22 | Dec 22 | Mar 23 | Jun 23 | Sep 23 | Nov 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 56.03% | 56.03% | 55.86% | 55.86% | 55.86% | 55.91% | 55.91% | 55.87% | 55.87% | 54.78% | 54.78% | 54.69% | 54.70% | 54.70% | 54.70% | 54.73% | 54.73% | 54.73% | 54.66% | 54.70% | 54.70% | 54.67% |
| Public | 43.79% | 43.87% | 43.78% | 43.84% | 43.92% | 43.90% | 43.92% | 44.00% | 44.03% | 45.14% | 45.17% | 45.15% | 45.22% | 45.25% | 45.27% | 45.17% | 45.23% | 45.24% | 45.22% | 45.21% | 45.22% | 45.24% |
| Employee trusts | 0.17% | 0.10% | 0.36% | 0.29% | 0.22% | 0.18% | 0.17% | 0.13% | 0.10% | 0.09% | 0.05% | 0.16% | 0.08% | 0.05% | 0.04% | 0.10% | 0.04% | 0.03% | 0.12% | 0.10% | 0.07% | 0.08% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.27 L Cr | ₹731 | 16.2 | 1.38 | 8.6% | 0.81 | +4.7% | -25.2% |
| ICICI Bank Limited | ₹9.75 L Cr | ₹1,347.6 | 17.6 | 2.69 | 14.9% | 0.57 | +9.1% | -5.0% |
| State Bank of India | ₹9.16 L Cr | ₹996.2 | 10.6 | 1.54 | 14.0% | 1.22 | +9.2% | +16.6% |
| Bajaj Finance Limited | ₹6.31 L Cr | ₹1,040.3 | 31.1 | 5.54 | 16.7% | 3.10 | +19.7% | +4.4% |
| Life Insurance Corporation Of India | ₹5.06 L Cr | ₹407.7 | 8.4 | 2.87 | 32.5% | — | +8.7% | -54.2% |
| Kotak Mahindra Bank Limited | ₹4.08 L Cr | ₹415 | 20.5 | 2.25 | 10.6% | 0.53 | -0.3% | -79.5% |
| Axis Bank Limited | ₹3.86 L Cr | ₹1,240 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +10.1% |
| Bajaj Finserv Limited | ₹2.98 L Cr | ₹1,852.5 | 29.4 | 3.82 | 12.6% | 4.64 | +13.6% | -10.5% |
| Shriram Finance Limited | ₹2.34 L Cr | ₹1,010 | 17.6 | 3.55 | 15.2% | 2.76 | +13.9% | +61.1% |
| SBI Life Insurance Company Limited | ₹1.77 L Cr | ₹1,731 | 68.0 | 9.29 | 12.9% | — | -4.3% | -5.0% |
| ICICI Prudential Asset Management Company Limited | ₹1.53 L Cr | ₹3,098 | 43.8 | 36.57 | 79.1% | — | +23.1% | — |
| Jio Financial Services Limited | ₹1.51 L Cr | ₹229.89 | 71.2 | 1.13 | 1.2% | 0.16 | +136.4% | -27.6% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 29
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
51 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
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