Bajaj Finance Limited
NSE: BAJFINANCE · Non Banking Financial Company (NBFC) · sector
Key numbers
Last 12 months to Sep 2026, Standalone. "Sector median" = middle value of 250 companies in Non Banking Financial Company (NBFC) (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- No promoter shares are pledged.
- Total income was higher than a year earlier in 4 of the last 4 quarters.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹918.70 on 2026-10-26: -21.9% from the 52-week high, +16.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Total income | 15,371 | 15,797 | 16,697 | 17,184 | 18,068 | 18,430 | 19,802 | 20,891 |
| Net interest income | 15,371 | 15,797 | 16,697 | 17,184 | 18,068 | 18,430 | 19,802 | 20,891 |
| Other income | 23 | 11 | 1 | 2 | 0 | 1 | 1 | 29 |
| Net profit | 3,706 | 3,940 | 4,133 | 4,251 | 4,581 | 4,840 | 5,346 | 5,536 |
| EPS (₹) | 5.99 | 6.37 | 6.66 | 6.84 | 7.37 | 7.78 | 8.60 | 8.90 |
| Revenue YoY | +17.5% | +16.7% | +18.6% | +21.6% | ||||
| Profit YoY | +23.6% | +22.8% | +29.3% | +30.2% |
Standalone figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 27,864 | 35,681 | 46,939 | 59,380 | 69,851 | 77,191 |
| Net profit | 6,350 | 10,290 | 12,644 | 16,662 | 17,804 | 20,302 |
| EPS (₹) | 10.54 | 17.04 | 20.73 | 26.93 | 28.65 | 32.65 |
| Revenue growth | +28.1% | +31.6% | +26.5% | +17.6% | +18.7% | |
| Profit growth | +62.0% | +22.9% | +31.8% | +6.9% | +26.6% | |
| Dividend / share (₹) | 10.00 | 20.00 | 30.00 | 36.00 | 56.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +25.1% | +24.3% | +18.7% |
| Net profit | +20.1% | +35.1% | +26.6% |
| EPS | +18.9% | +34.2% | – |
| Share price | – | +16.9% (2y) | -14.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 51,493 | 72,011 | 87,996 | 1,03,122 |
| Borrowings | – | – | 69,238 | 89,738 | 1,18,000 |
| Cash & equivalents | – | 3,319 | 9,432 | 12,455 | 13,106 |
| Total assets | – | 2,16,525 | 2,96,614 | 3,67,870 | 4,32,203 |
| Fixed assets | – | 1,552 | 2,212 | 2,532 | 2,681 |
| Capital work in progress | – | 15 | 25 | 27 | 62 |
| Inventory | – | 0 | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -23,795 | -27,331 | -54,338 | -50,995 | -40,854 |
| Cash from investing | 3,806 | -12,372 | -7,763 | -1,099 | -1,146 |
| Cash from financing | 21,515 | 38,021 | 64,774 | 51,604 | 40,260 |
| Capex | 597 | 825 | 982 | 1,030 | 898 |
| Free cash flow | -24,391 | -28,156 | -55,320 | -52,025 | -41,752 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 20.0% | 17.6% | 18.9% | 17.3% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.67% |
| FIIs | 19.79% |
| DIIs | 17.05% |
| of which Mutual funds | 10.32% |
| of which Insurance | 4.68% |
| Government | 0.00% |
| Public (non-institutions) | 8.46% |
| Quarter | Mar 2025 | Jun 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.73% | 54.73% | 54.73% | 54.66% | 54.70% | 54.70% | 54.67% | 54.67% |
| Promoter group | % |
|---|---|
| Bajaj Finserv Limited | 51.30% |
| Maharashtra Scooters Limited | 3.06% |
| Sanjivnayan Bajaj | 0.08% |
| Bajaj Sevashram Private Limited | 0.05% |
| Bajaj Life Insurance Limited | 0.04% |
| Siddhantnayan Bajaj | 0.02% |
| Sanjali Bajaj | 0.02% |
| Baroda Industries Private Limited | 0.02% |
| Jamnalal Sons Private Limited | 0.02% |
| Shefali Bajaj | 0.01% |
| Bachhraj Factories Private Limited | 0.01% |
| Bajaj General Insurance Limited | 0.01% |
| Nimisha Bajaj Family Trust (Kumud Bajaj) | 0.01% |
| Neelima Bajaj Family Trust (Kumud Bajaj) | 0.01% |
| Suman Jain | 0.00% |
| Public holders above 1% | % |
|---|---|
| SBI Mutual Fund | 3.29% |
| Life Insurance Corporation of India | 2.99% |
| NPS Trust | 1.60% |
| UTI Mutual Fund | 1.07% |
| Nippon India Mutual Fund | 1.01% |
9,52,483 shareholders. Pledged: 0.00% of promoter shares.
Peers in Non Banking Financial Company (NBFC)
| Company | Market cap | P/E | P/B | ROE | ROA | Gross NPA | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| BAJFINANCE | ₹5,71,790 cr | 28.1x | 5.2x | 19.9% | 4.14% | – | +25.1% | 0.60% |
| SHRIRAMFIN | ₹1,55,223 cr | 14.6x | 2.4x | 18.5% | 3.51% | – | +17.4% | 0.94% |
| TATACAP | ₹1,27,155 cr | 34.6x | 3.3x | 9.3% | 1.76% | – | – | 0.14% |
| CHOLAFIN | ₹1,23,499 cr | 21.4x | 4.1x | 21.2% | 2.34% | – | +34.4% | 0.14% |
| MUTHOOTFIN | ₹96,184 cr | 9.1x | 2.5x | 32.1% | 5.91% | – | +37.9% | 1.08% |
| LTF | ₹60,381 cr | 17.1x | 2.1x | 12.8% | 2.25% | – | +273.2% | 1.14% |
| SBICARD | ₹51,225 cr | 22.5x | 3.3x | 15.4% | 3.43% | – | +13.3% | 0.42% |
| PIRAMALFIN | ₹44,923 cr | 21.9x | 1.4x | 6.3% | 1.66% | – | – | 0.55% |
| SUNDARMFIN | ₹43,352 cr | 22.5x | 3.4x | 16.2% | 2.82% | – | +23.8% | 0.95% |
| HDBFS | ₹41,560 cr | 14.0x | 1.9x | 14.3% | 2.26% | – | – | 0.59% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-30 | Dividend | Dividend - Rs 6 Per Share |
| 2025-06-16 | Bonus | Bonus 4:1 |
| 2025-06-16 | Split | Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share |
| 2025-05-30 | Dividend | Dividend - Rs 44 Per Share |
| 2025-05-09 | Dividend | Special Dividend - Rs 12 Per Share |
| 2024-06-21 | Dividend | Dividend - Rs 36 Per Share |
| 2023-06-30 | Dividend | Dividend - Rs 30 Per Share |
| 2022-06-30 | Dividend | Dividend - Rs 20 Per Share |
| 2021-07-08 | Dividend | Annual General Meeting/Dividend - Rs 10 Per Share |
| 2020-03-03 | Dividend | Interim Dividend - Rs 10 Per Share |
| 2019-07-11 | Dividend | Annual General Meeting/ Dividend - Rs 6 Per Share |
| 2018-07-05 | Dividend | Annual General Meeting / Dividend- Rs 4 Per Share |
| 2017-07-06 | Dividend | Annual General Meeting/Dividend - Rs 3.60/- Per Share |
| 2016-09-08 | Split | Bonus 1:1/Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2016-07-14 | Dividend | Dividend Rs 7/- Per Share |
| 2016-03-16 | Dividend | Interim Dividend - Rs 18/- Per Share (Purpose Revised) |
| 2015-07-09 | Dividend | Annual General Meeting / Dividend - Rs 18/- Per Share |
| 2014-07-03 | Dividend | Annual General Meeting And Dividend Rs.16/- Per Share |
| 2013-07-04 | Dividend | Annual General Meeting And Dividend Rs.15/- Per Share |
| 2013-01-23 | Rights | Rights 3:19 @ Premium Rs 1090 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Financial and Insurance Services: Engaged in the business of lending, partnership and services, payments and acceptance of deposits
| Sector | Financial Services |
| Industry | Non Banking Financial Company (NBFC) |
| Sub-industry | Non Banking Financial Company (NBFC) |
| Symbol | BAJFINANCE |
| BSE code | 500034 |
| ISIN | INE296A01032 |
| Face value | ₹1.0 |
| Incorporated | 1987-03-25 |
| Website | https://www.bajajfinserv.in |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.