BAJAJHLDNGFinancial Services

Bajaj Holdings & Investment Limited

Holding Company · ISIN INE118A01012 · BSE 500490 · NSE EQ · FV ₹10
Last price
₹10,433
+0.69%today
What this company does

Bajaj Holdings & Investment Limited operates in Holding Company, part of the Financial Services sector. It booked ₹182 cr of revenue in its latest quarter (Q2 FY27). It is the 2nd largest of 9 Holding Company companies we track, by market value.

In the report:
74out of 100
Equitytale Health Score
Solid

Healthier than 74% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 102–253 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)
40

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

Valuation40

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
✓ Profit up 28% vs last year
✓ Promoters hold 51%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Sales down 54% vs last year

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 We do not publish price targets or predict returns.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
₹10,433▲ +0.69%
latest close · 2026-11-04
1-year return
+119.7%
52-wk low ₹4,29452-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 ratio14.6Low
LowAverageHigh
P/B ratio1.69Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.8%Fair
WeakFairStrong ▸15%
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
₹1.24 L cr
Book value
₹6,184
EPS
₹179.11
latest quarter
Net debt
—
Enterprise value
—
EBITDA
—
EBIT
—
Operating margin
—
Return on assets
9.0%
Earnings yield
6.87%
P/S
171.25
Sales / share
₹60.9
Tax rate
189.7%
Face value
₹111
Shares
11.9 cr
Working capital
—
Current assets
—
Current liabilities
—
Delivery %
45.6%
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 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹6,310 vs market price ₹10,433 — price is 65% above it
Safety cushion-65.3%(target ≥ +20%)
Models span ₹5,813–₹6,808, midpoint ₹6,310
Model ₹6,310
Price ₹10,433
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 · Q2 FY27 (consolidated)
Revenue from Operations₹182 cr
Other Income₹2 cr
Total Income₹184 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹7 cr
Finance Costs₹0 cr
Depreciation & Amortisation₹97 L
Other Expenses₹31 cr
Total Expenses₹39 cr
Profit before Tax₹145 cr
Tax Expense₹274 cr
Share of JV / Associates₹2,267 cr
Net Profit₹2,137 cr
Where the money goes · Q2 FY27
% of total income
Employee benefit expense₹7 cr0.3%
Depreciation & amortisation₹97 L0.0%
Other expenses₹31 cr1.3%
Tax expense₹274 cr11.2%
Profit for the period₹2,137 cr87.2%
Total income ₹184 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue61 cr394 cr182 cr
Total income76 cr419 cr184 cr
Expenses45 cr64 cr39 cr
Profit before tax31 cr356 cr145 cr
Tax-284 cr6 cr274 cr
Net profit (owners' share)2,575 cr2,708 cr1,993 cr
Net margin (owners' share, on revenue)—686.8%—
EPS (₹)231.40243.18179.11
YoY (latest quarter): total income -55.2% · net profit +27.9%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹88,227 cr
Shareholder equity
₹73,791 cr
parent shareholders
Total debt
₹0 cr
Cash
₹4 cr
Cash flow · H1 FY27
Operating
₹1,924 cr
Investing
₹300 cr
Financing
₹-2,232 cr
Peer comparison
Holding Company · by market value
CompanyPriceMarket capP/E
Bajaj Finserv Limited₹1,718₹5.52 L cr21.9
Bajaj Holdings & Investment Limitedthis company₹10,361₹1.15 L cr10.7
Choice International Limited₹745₹16,597 cr59.7
Edelweiss Financial Services Limited₹122₹11,592 cr21.6
JM Financial Limited₹112₹10,715 cr9.2
Rane Holdings Limited₹1,497₹2,137 cr14.3
BF Investment Limited₹384₹1,448 cr2.5
Abans Financial Services Limited₹202₹1,026 cr4.1
Max India Limited₹144₹813 cr—
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.87%
trailing 12 months
Dividend / share (TTM)
₹195
Last dividend
₹65
ex 21 Sep 2026
ActionDetailEx-date
Dividend₹65 / share21 Sep 2026
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
Who owns it · 2026-09-30
No pledge
Promoter
51.5%
FII / Foreign
9.6%
DII / Domestic
8.4%
Retail / others
30.5%
Smart-money activity
Insider trades
SoldBajaj Finance Limited · Promoter Group75 · ₹8.3 L18 Sep 26
BoughtJamnalal Sons Private Limited · Promoter Group75 · ₹8.3 L18 Sep 26
SoldRAJIV TRUST · Promoter Group40.55 L30 Jun 25
Bulk / block deals
short— · NSE5929 Oct 26
short— · NSE6028 Oct 26
short— · NSE1022 Oct 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 2026-09-30
JAMNALAL SONS PVT LTD18.02%
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.