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BAJAJHLDNG · NSE · Holding Company

Bajaj Holdings & Investment Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Large Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
fair low confidence No valuation within 120 days; P/E 13.6 vs peers 21.4 (8th of 25); P/B 3.6 vs peers 2.5 (19th of 25).
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model

What is Bajaj Holdings & Investment's share price today?

Bajaj Holdings & Investment last traded at ₹10,750.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.7% on the day, down 12.4% over a year. Its 52-week range is ₹8,588 to ₹13,250. The live price is in the app.

₹10,750.00 −0.7% today
−12.4% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range46% of the way up
Low ₹8,588High ₹13,250

What is Bajaj Holdings & Investment's market cap?

Bajaj Holdings & Investment's market capitalisation is about ₹1.20 lakh crore: what it would cost to buy every share at today's price. That makes it the 83rd largest large cap company we cover.

₹1.2 L Cr Large Cap83rd largest large cap company
Large Cap means the 100 largest listed companies, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: BAJAJHLDNG
ISIN
INE118A01012
Cap bucket
Large Cap, 83rd largest by market cap
Industry (NSE)
Financial Services › Finance › Holding Company
Listed since
1995
Futures and options
Traded

Is Bajaj Holdings & Investment overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 13.6 vs peers 21.4 (8th of 25); P/B 3.6 vs peers 2.5 (19th of 25).

Valuation

Latest price and trailing 12 months
P/E 13.60
vs peers 21.4 · 8th of 25
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 3.56
vs peers 2.5 · 19th of 25
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹1.20 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 2.2%
vs peers 1.1% · 5th of 18
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 0.33
vs peers 2.5 · 2nd of 20
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 0.53
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Bajaj Holdings & Investment a quality business?

Quality score 59.8, 6th of 24 in its peer set; CLEAN on 13 of 22 lender flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 59.8
vs peers 52.3 · 6th of 24
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level CLEAN
13 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Lender scorecard

Statements through FY2026 (Mar-26)
Basis: consolidated accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; NIM is revenue from operations less finance costs over average total assets; cost to income is operating expenses over net interest income plus other income; the loans line is a sub-line, not the book, so credit cost and loan growth are not measured; ROA over average total assets; ROE over average equity
Net interest margin 1.3%
vs peers 4.6% · 22nd of 24
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA Not available
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA Not available
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage Not available
How much of the gross bad loans has already been provided for. Learn more →
Credit cost Not available
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income 17.3%
vs peers 45.3% · 8th of 25
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets 12.2%
vs peers 2.3% · 1st of 24
Profit as a share of average total assets. Learn more →
CET1 ratio Not available
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY Not available
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio Not available
Current and savings account balances as a share of all deposits. Learn more →
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Has Bajaj Holdings & Investment made money for shareholders?

Mixed: −12.4% over one year and +17.5% a year over five years.

Shareholder returns

1-year return −12.4%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +17.5% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
+0.8%
1M
−2.5%
3M
+0.6%
6M
+9.8%
1Y
−12.4%
3Y
+15.9%
5Y
+17.5%

Does Bajaj Holdings & Investment pay a dividend?

Yes. Bajaj Holdings & Investment's dividend yield is 2.23% at the latest price; the last payout was ₹65.00 a share, ex-dividend 21 Sep 2026.

Dividends

Per share, by ex-dividend date
Dividend yield2.23%
The past 12 months' dividends as a share of today's price.
21 Sep 2026 · Interim₹65.00
30 Jun 2026 · Special₹50.00
30 Jun 2026 · Final₹80.00
22 Sep 2025 · Interim 1₹65.00
27 Jun 2025 · Final₹28.00
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Bajaj Holdings & Investment growing?

Revenue 3 years 25.4% a year; eps 3 years 25.7% a year; revenue 5 years 16.2% a year.

Growth

Statements through FY2026 (Mar-26)
Loan growth Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth Not available
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years 25.4% a year
vs peers 17.2% · 7th of 25
Compound annual growth of revenue over three years. Learn more →
EPS 3 years 25.7% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years 16.2% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years 21.4% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →

How did Bajaj Holdings & Investment do last quarter?

Bajaj Holdings & Investment reported income of ₹2,778 Cr, up 51.7% on a year earlier and a net profit of ₹2,708 Cr, up 47.7% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Income, latest quarter₹2,778 Cr
+51.7% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹2,708 Cr
+47.7% on a year earlier
What was left for shareholders after every cost and tax.

How does Bajaj Holdings & Investment compare with its peers?

Compared with 24 Finance (the industry, as the basic industry was too small); 8th of 25 on P/E; 6th of 24 on quality score.

Compared with 24 Finance (the industry, as the basic industry was too small)

24 companies

Bajaj Holdings & Investment against its peers

Largest 10 of 24 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
Bajaj Holdings & Investment Ltd₹1.2 L Cr13.63.611.1%−12.4%
Bajaj Finserv Ltd₹2.8 L Cr27.325.615.4%−14.1%
Shriram Finance Ltd₹2.2 L Cr16.62.516.4%+39.9%
Jio Financial Services Ltd₹1.4 L Cr66.75.62.5%−30.4%
Cholamandalam Investment & Finance Company Ltd₹1.4 L Cr23.43.819.3%−3.6%
Tata Capital Ltd₹1.4 L Cr24.73.49.6%−3.6%
Power Finance Corporation Ltd₹1.1 L Cr4.21.220.7%−18.7%
Muthoot Finance Ltd₹1.1 L Cr9.33.430.6%−18.3%
Aditya Birla Capital Ltd₹1.0 L Cr25.02.711.5%+27.3%
Indian Railway Finance Corporation Ltd₹97,622 Cr13.62.012.8%−40.5%
REC Ltd₹78,997 Cr4.91.020.2%−19.2%
Peer median—21.42.513.6%−13.9%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Bajaj Holdings & Investment?

Bajaj Holdings & Investment is held by promoters 51.5%, foreign institutions 9.5%, domestic institutions 8.3%.

Shareholding pattern

Latest filing, percent of shares
Promoters51.5%
The founders and controlling group.
Foreign institutions9.5%
Overseas funds investing through the FPI route.
Domestic institutions8.3%
Indian insurers, banks, pension and mutual funds together.
Mutual funds7.2%
Indian mutual fund schemes; part of domestic institutions.
Retail and others7.6%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What does Bajaj Holdings & Investment do and what is it sensitive to?

BHIL is a systemically important non-deposit-taking NBFC operating as a long-term investment company, holding strategic stakes in Bajaj Auto and Bajaj Finserv among other listed and unlisted securities, earning through dividends, interest income and capital gains on its investment portfolio. Sensitive to: interest rate movements.

Business-model card

FY2024 · 16 verified
3Revenue
0Channels
3Regulators
3Reg. dependencies
4Sensitivities
1Costs
1Geographies

BHIL is a systemically important non-deposit-taking NBFC operating as a long-term investment company, holding strategic stakes in Bajaj Auto and Bajaj Finserv among other listed and unlisted securities, earning through dividends, interest income and capital gains on its investment portfolio.

Revenue engine

3 verified
Dividend income from equity investments
Interpretation: Dividends received from strategic holdings in Bajaj Auto (36.68%), Bajaj Finserv (41.56%), Bajaj Auto Holdings (100%), Maharashtra Scooters (51%) and other publicly traded equities classified at FVTOCI.
Interest income from debt securities and fixed income instruments
Earned through portfolio of government securities, bonds, debentures, certificates of deposit, target maturity funds and money market instruments using the effective interest rate method.
Proceeds from securities sales and buybacks
Capital gains and exit proceeds from sales of equity shares and other securities held in the investment portfolio.

Regulators

3 verified
Reserve Bank of India (RBI)
BHIL is regulated as a Systemically Important Non-Deposit-taking NBFC under 'Investment and Credit Company' category and classified as NBFC-Base Layer.
Securities and Exchange Board of India (SEBI)
SEBI governs listing obligations, insider trading rules, disclosures and capital market regulation.
Ministry of Corporate Affairs (MCA)
MCA regulates corporate governance and compliance under the Companies Act, 2013.

Regulatory dependencies

3 verified
NBFC-Base Layer classification
Interpretation: Base Layer status subjects BHIL to RBI's NBFC regulatory framework governing capital adequacy, risk management and operational requirements specific to investment NBFCs.
Investment Policy counterparty credit rating minimums
Interpretation: Restricts debt instrument and cash equivalent counterparties to AA- minimum rating, constraining yield opportunities on surplus funds to manage credit risk.
Related party transaction approval thresholds
Interpretation: Transactions above ₹1,000 crore or 10% of consolidated turnover require Board and shareholder approval, affecting deal structuring with Bajaj group entities.

Sensitivities

4 verified
Interest rate movements
Rising rates reduce valuations of held debt securities classified at amortised cost and FVTOCI; falling rates increase them. Affects both portfolio value and coupon reinvestment returns.
Equity price movements
Company's majority equity holdings (NSE Nifty 200 large-cap bias) move with market indices; unlisted investments depend on portfolio company performance.
Credit and counterparty default risk
Default by debt security issuers or cash equivalent counterparties results in direct financial loss and impairs liquidity position.
1 more statement
Liquidity risk on unlisted and illiquid securities
Interpretation: Unlisted private equity holdings have low exit probability and limited secondary market liquidity, affecting ability to rapidly convert to cash.

Cost inputs

1 verified
Aircraft leasing and fuel costs
BHIL operates a leased aircraft exclusively for official purposes of Bajaj group senior management and Board members, incurring ongoing fuel and operating costs.

Geographies

1 verified
India (national operations, 3 offices)
As an investment holding company with no manufacturing or export operations, BHIL's footprint is limited to administrative offices across India.
Each statement is checked word for word against the FY2024 annual report; the passages are in the app.

What changed recently?

Interim Dividend - Rs 65 Per Share (21 Sep 2026).

Change log

8 entries · newest first
  1. Corporate actionInterim Dividend - Rs 65 Per Share.
  2. Results filedQ1 FY2027 results filed.
  3. Corporate actionDividend - Rs 80 Per Share & Special Dividend Rs 50 Per Share.
  4. Results filedQ4 FY2026 results filed.
  5. Results filedQ3 FY2026 results filed.
  6. Results filedQ2 FY2026 results filed.
  7. Corporate actionInterim Dividend - Rs 65 Per Share.
  8. Results filedQ1 FY2026 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsCLEAN on 13 of 22 lender flags judged; no red flag; 9 could not be judged.
  • Data gapsBusiness quality, Gross NPA, Net NPA, Provision coverage, Credit cost, CET1 ratio and 5 more: not available yet.
Not applicable to a bank, lender or insurer · 12
  • Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
  • Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
  • Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
  • Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
  • Interest coverageInterest is a lender's main cost, not a charge on operating profit.
  • Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
  • EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
  • FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
  • Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
  • Asset turnoverA lender earns a spread on its assets, not a turnover of them.
  • ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
  • ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓223 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2024 · 16 verified

Questions people ask

What is Bajaj Holdings & Investment's share price today?

Bajaj Holdings & Investment last traded at ₹10,750.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.7% on the day, down 12.4% over a year. Its 52-week range is ₹8,588 to ₹13,250. The live price is in the app.

What is Bajaj Holdings & Investment's market cap?

Bajaj Holdings & Investment's market capitalisation is about ₹1.20 lakh crore: what it would cost to buy every share at today's price. That makes it the 83rd largest large cap company we cover.

Is Bajaj Holdings & Investment Ltd a large cap, mid cap or small cap?

Bajaj Holdings & Investment Ltd (BAJAJHLDNG) is a large cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Bajaj Holdings & Investment Ltd's P/E ratio?

13.60, vs peers 21.4 · 8th of 25. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Bajaj Holdings & Investment Ltd overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 13.6 vs peers 21.4 (8th of 25); P/B 3.6 vs peers 2.5 (19th of 25).

How does Bajaj Holdings & Investment Ltd make money?

BHIL is a systemically important non-deposit-taking NBFC operating as a long-term investment company, holding strategic stakes in Bajaj Auto and Bajaj Finserv among other listed and unlisted securities, earning through dividends, interest income and capital gains on its investment portfolio.

Why is there no Altman Z or debt to equity for Bajaj Holdings & Investment?

Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.

Who are Bajaj Holdings & Investment Ltd's peers?

Compared with 24 Finance (the industry, as the basic industry was too small): Bajaj Finserv Ltd, Shriram Finance Ltd, Jio Financial Services Ltd, Cholamandalam Investment & Finance Company Ltd, Tata Capital Ltd and 19 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Bajaj Holdings & Investment do last quarter?

Bajaj Holdings & Investment reported income of ₹2,778 Cr, up 51.7% on a year earlier and a net profit of ₹2,708 Cr, up 47.7% in the Jun 2026 quarter.

Who owns Bajaj Holdings & Investment?

Bajaj Holdings & Investment is held by promoters 51.5%, foreign institutions 9.5%, domestic institutions 8.3%.

Does Bajaj Holdings & Investment pay a dividend?

Yes. Bajaj Holdings & Investment's dividend yield is 2.23% at the latest price; the last payout was ₹65.00 a share, ex-dividend 21 Sep 2026.

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