BAJAJHLDNGFinancial Services

Bajaj Holdings & Investment Limited

Holding Company · ISIN INE118A01012 · BSE 500490 · NSE EQ · FV ₹10
Last price
₹11,010
+0.73%today
What this company does

Bajaj Holdings & Investment Limited operates in Holding Company, part of the Financial Services sector. It booked ₹394 cr of revenue in its latest quarter (Q1 FY27) and kept 686.8% of sales as profit. It is the 2nd largest of 9 Holding Company companies we track, by market value.

In the report:
73out of 100
Equitytale Health Score
Solid

Healthier than 73% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 95–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns79

How much profit it earns on the money it employs

Cash quality66

Whether reported profit actually arrives as cash

Growth & consistency82

Whether sales and profit have grown, and how steadily

Valuation35

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 687% net margin
Sales up 21% vs last year
Promoters hold 51%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Profit down 22% vs last year
! Operating cash flow is negative

What if I invest in BAJAJHLDNG?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹11,010 +0.73%
latest close · 2026-09-17
1-year return
+165.8%
52-wk low ₹4,07852-wk high ₹11,644
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.3Low
LowAverageHigh
P/B ratio1.68Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.8%Fair
WeakFairStrong ▸15%
Net margin686.8%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
More figures
Market cap
₹1.23 L cr
Book value
₹6,569
EPS
₹243.18
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
12.7%
Earnings yield
8.83%
P/S
77.73
Sales / share
₹141.6
Tax rate
1.8%
Face value
₹111
Shares
11.1 cr
Working capital
Current assets
Current liabilities
Delivery %
54.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹6,999 vs market price ₹11,010 — price is 57% above it
Safety cushion-57.3%(target ≥ +20%)
Models span ₹6,767₹7,231, midpoint ₹6,999
Model ₹6,999
Price ₹11,010
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹394 cr
Other Income₹25 cr
Total Income₹419 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹10 cr
Finance Costs₹0 cr
Depreciation & Amortisation₹11 cr
Other Expenses₹43 cr
Total Expenses₹64 cr
Profit before Tax₹356 cr
Tax Expense₹6 cr
Share of JV / Associates₹2,359 cr
Net Profit₹2,708 cr
Net margin on total income645.8%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹10 cr0.3%
Depreciation & amortisation₹11 cr0.4%
Other expenses₹43 cr1.6%
Tax expense₹6 cr0.2%
Profit for the period₹2,708 cr97.5%
Total income ₹419 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue288 cr61 cr394 cr
Total income300 cr76 cr419 cr
Expenses49 cr45 cr64 cr
Profit before tax251 cr31 cr356 cr
Tax66 cr-284 cr6 cr
Net profit (owners' share)2,016 cr2,575 cr2,708 cr
Net margin (owners' share, on revenue)701.3%686.8%
EPS (₹)181.20231.40243.18
YoY (latest quarter): total income +24.2% · net profit -22.3%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹85,187 cr
Shareholder equity
₹73,151 cr
parent shareholders
Total debt
₹0 cr
Cash
₹12 cr
Cash flow · H1 FY26
Operating
₹-3,662 cr
Investing
₹4,736 cr
Financing
₹-1,144 cr
Peer comparison
Holding Company · by market value
CompanyPriceMarket capP/E
Bajaj Finserv Limited₹1,859₹5.97 L cr23.7
Bajaj Holdings & Investment Limitedthis company₹11,010₹1.23 L cr11.3
Choice International Limited₹738₹16,441 cr67.8
Edelweiss Financial Services Limited₹128₹12,147 cr22.6
JM Financial Limited₹123₹11,724 cr10.0
Rane Holdings Limited₹1,626₹2,322 cr15.5
BF Investment Limited₹439₹1,653 cr2.8
Abans Financial Services Limited₹201₹1,022 cr4.1
Max India Limited₹140₹737 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.77%
trailing 12 months
Dividend / share (TTM)
₹195
Last dividend
₹80
ex 30 Jun 2026
ActionDetailEx-date
Dividend₹80 / share30 Jun 2026
Dividend₹50 / share30 Jun 2026
Dividend₹65 / share22 Sep 2025
Dividend₹28 / share27 Jun 2025
Dividend₹65 / share25 Sep 2024
Dividend₹21 / share28 Jun 2024
Who owns it · 2026-06-30
No pledge
Promoter
51.5%
FII / Foreign
9.5%
DII / Domestic
8.3%
Retail / others
30.8%
Smart-money activity
Insider trades
SoldRAJIV TRUST · Promoter Group40.55 L30 Jun 25
SoldNIRAV TRUST · Promoter Group53.78 L30 Jun 25
BoughtNIRAV TRUST · Promoter Group53.78 L30 Jun 25
Bulk / block deals
short · NSE82515 Sep 26
short · NSE3009 Sep 26
short · NSE758 Sep 26
Stake changes
BoughtPPFAS Mutual Fund through its Schemes along with acting in concert→ 5.00% · 7,50010 Sep 24
BoughtPPFAS Mutual Fund through its Schemes along with persons acting in concert→ 5.00% · 7,50010 Sep 24
SoldAcacia Conservation Fund LP, Acacia Banyan Parterns, Acacia Partners, LP, Acacia II Partners LP, Acacia Institutional Partners LP→ 3.09% · 60,00026 Sep 23
Promoter pledges
PledgedPooja Bajaj334 · 0.00% held3 Jul 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 6 Aug 2025
See the official result
1
To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended 31 March 2025, together with the Directors’ and Auditors’ Reports thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.55 cr votes for, 279 against · 0% of mutual funds and other big investors said no
2
To declare a final dividend of Rs. 28 per equity share of face value of Rs. 10 for the financial year ended 31 March 2025.
Backed by 100% of shareholders other than promotersneeded 50%
2.56 cr votes for, 279 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Niraj Ramkrishna Bajaj (DIN: 00028261), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment.
Backed by 98% of shareholders other than promotersneeded 50%
2.50 cr votes for, 5.61 L against · 3% of mutual funds and other big investors said no
4
To appoint a director in place of Rajivnayan Rahulkumar Bajaj (DIN: 00018262), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers himself for re-appointment
Backed by 98% of shareholders other than promotersneeded 50%
2.51 cr votes for, 5.17 L against · 3% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 90 named members
owning 51.4% between them · as of 2026-06-30
JAMNALAL SONS PVT LTD18.01%
NIRAJ BAJAJ Nirav Trust4.83%
SHEKHAR BAJAJ Anant Bajaj Trust4.63%
BACHHRAJ AND COMPANY PVT LIMITED3.77%
Sanjivnayan Bajaj Trust3.69%
Rajivnayan Bajaj Trust3.64%
BAJAJ SEVASHRAM PRIVATE LTD3.45%
BAJAJ AUTO LIMITED3.14%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.