BAJAJHLDNG
Bajaj Holdings & Investment Limited
The Bajaj group's holding company — strategic stakes in Bajaj Auto and Bajaj Finserv
Financial Services›Financial Services›Finance›Holding Company
bhil.in(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Bajaj Holdings (Bajaj Holdings & Investment) holds strategic stakes in Bajaj Auto and Bajaj Finserv.
Company snapshot
2ndBy market cap
Ranked among 13 companies in Holding Company.
What we see
- ✓Net margin of 915.2% — the business keeps a healthy share of every rupee it earns.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 80 Cr | 77 Cr | 76 Cr | 98 Cr | — | 100 Cr | 118 Cr | 182 Cr | 154 Cr | 89 Cr | 34 Cr | 33 Cr |
| Other income | 15 Cr | 24 Cr | 10 Cr | 14 Cr | 14 Cr | 32 Cr | 87 Cr | 13 Cr | 13 Cr | 13 Cr | 16 Cr | 25 Cr |
| Net operating income | 95 Cr | 102 Cr | 86 Cr | 113 Cr | 14 Cr | 132 Cr | 205 Cr | 195 Cr | 167 Cr | 102 Cr | 50 Cr | 58 Cr |
| Employee cost | 13 Cr | 12 Cr | 14 Cr | 28 Cr | 12 Cr | 11 Cr | 11 Cr | 11 Cr | 11 Cr | 10 Cr | 7 Cr | 10 Cr |
| Other expenses | 19 Cr | 22 Cr | 20 Cr | 31 Cr | 34 Cr | 19 Cr | 30 Cr | 30 Cr | 32 Cr | 31 Cr | 30 Cr | 43 Cr |
| Provisions & contingencies | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 8 Cr | 11 Cr |
| Profit before tax | 1,662 Cr | 1,665 Cr | 2,731 Cr | 1,618 Cr | 1,559 Cr | 1,781 Cr | 1,789 Cr | 3,704 Cr | 1,976 Cr | 2,084 Cr | 2,293 Cr | 2,714 Cr |
| Tax % | 4.4% | 1.2% | 0.5% | 0.2% | 3.1% | 1.7% | 2.2% | 5.4% | 14.5% | 3.2% | -12.4% | 0.2% |
| Net profit | 1,588 Cr | 1,645 Cr | 2,716 Cr | 1,615 Cr | 1,510 Cr | 1,750 Cr | 1,751 Cr | 3,504 Cr | 1,690 Cr | 2,018 Cr | 2,577 Cr | 2,708 Cr |
| EPS (₹) | ₹133.40 | ₹147.76 | ₹244.10 | ₹144.70 | ₹129.10 | ₹157.10 | ₹155.00 | ₹313.30 | ₹140.10 | ₹181.20 | ₹231.40 | ₹243.18 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | — | — | 361 Cr | 235 Cr | 249 Cr | 251 Cr | 262 Cr | 302 Cr | 424 Cr | 459 Cr | Sign in free for the trailing twelve months |
| Other income | 8 Cr | 5 Cr | 5 Cr | 42 Cr | 64 Cr | 57 Cr | 63 Cr | 65 Cr | 147 Cr | 54 Cr | Sign in free for the trailing twelve months |
| Net operating income | 8 Cr | 5 Cr | 366 Cr | 277 Cr | 313 Cr | 307 Cr | 326 Cr | 367 Cr | 571 Cr | 514 Cr | Sign in free for the trailing twelve months |
| Employee cost | 21 Cr | 26 Cr | 28 Cr | 45 Cr | 44 Cr | 44 Cr | 50 Cr | 52 Cr | 62 Cr | 39 Cr | Sign in free for the trailing twelve months |
| Other expenses | 193 Cr | 42 Cr | 56 Cr | 82 Cr | 53 Cr | 65 Cr | 83 Cr | 83 Cr | 115 Cr | 123 Cr | Sign in free for the trailing twelve months |
| Provisions & contingencies | — | — | — | — | — | — | — | — | — | — | Sign in free for the trailing twelve months |
| Depreciation | 5 Cr | 5 Cr | 4 Cr | 33 Cr | 34 Cr | 34 Cr | 34 Cr | 34 Cr | 34 Cr | 32 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 2,608 Cr | 3,277 Cr | 3,170 Cr | 3,314 Cr | 3,766 Cr | 4,226 Cr | 5,012 Cr | 7,493 Cr | 6,748 Cr | 10,057 Cr | Sign in free for the trailing twelve months |
| Tax % | 5.2% | 2.8% | 3.8% | 7.0% | 3.0% | 2.4% | 1.3% | 1.7% | 1.8% | 2.7% | Sign in free for the trailing twelve months |
| Net profit | 2,473 Cr | 3,186 Cr | 3,048 Cr | 3,080 Cr | 3,654 Cr | 4,126 Cr | 4,946 Cr | 7,365 Cr | 6,626 Cr | 9,789 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹222.20 | ₹286.20 | ₹273.90 | ₹268.80 | ₹327.90 | ₹364.40 | ₹435.80 | ₹653.00 | ₹585.90 | ₹865.90 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 0.2% | 34.7% | 31.4% | 19.3% | 15.4% | 11.5% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 111 Cr | 111 Cr | 111 Cr | 111 Cr | 111 Cr | 111 Cr | 111 Cr | 111 Cr | 111 Cr | 111 Cr |
| Reserves | 17,707 Cr | 21,280 Cr | 26,841 Cr | 27,652 Cr | 37,056 Cr | 42,731 Cr | 44,071 Cr | 54,136 Cr | 62,576 Cr | 73,039 Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other liabilities | 71 Cr | 78 Cr | 57 Cr | 474 Cr | 1,372 Cr | 2,007 Cr | 1,625 Cr | 2,190 Cr | 2,597 Cr | 2,769 Cr |
| Total liabilities | 17,889 Cr | 21,468 Cr | 27,009 Cr | 32,774 Cr | 45,490 Cr | 53,588 Cr | 53,188 Cr | 65,161 Cr | 75,266 Cr | 85,187 Cr |
| Fixed assets (net) | 8 Cr | 9 Cr | 6 Cr | 191 Cr | 161 Cr | 132 Cr | 104 Cr | 73 Cr | 36 Cr | 17 Cr |
| CWIP | — | — | 0 Cr | — | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr |
| Investments | 17,560 Cr | 20,909 Cr | 26,444 Cr | 32,252 Cr | 45,094 Cr | 53,142 Cr | 52,729 Cr | 64,885 Cr | 73,976 Cr | 85,029 Cr |
| Inventories | 0.28 Cr | 0.29 Cr | 0 Cr | 3 Cr | 4 Cr | 6 Cr | 4 Cr | 4 Cr | 0 Cr | 0 Cr |
| Trade receivables | 0.53 Cr | 0.82 Cr | 0 Cr | 5 Cr | 7 Cr | 10 Cr | 7 Cr | 2 Cr | 0 Cr | 0 Cr |
| Cash & bank | 13 Cr | 84 Cr | 3 Cr | 95 Cr | 23 Cr | 22 Cr | 26 Cr | 40 Cr | 83 Cr | 12 Cr |
| Other assets | 307 Cr | 465 Cr | 556 Cr | 228 Cr | 201 Cr | 275 Cr | 319 Cr | 157 Cr | 1,171 Cr | 130 Cr |
| Total assets | 17,889 Cr | 21,468 Cr | 27,009 Cr | 32,774 Cr | 45,490 Cr | 53,588 Cr | 53,188 Cr | 65,161 Cr | 75,266 Cr | 85,187 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | -923 Cr | 1,651 Cr | 628 Cr | 1,920 Cr | 272 Cr | 1,610 Cr | 1,728 Cr | 436 Cr | -1,957 Cr | 2,564 Cr |
| Cash from investing | -372 Cr | -1,141 Cr | -163 Cr | -800 Cr | -308 Cr | -151 Cr | -137 Cr | -472 Cr | 3,054 Cr | -3,695 Cr |
| Cash from financing | -110 Cr | -436 Cr | -536 Cr | -1,028 Cr | -37 Cr | -1,460 Cr | -1,587 Cr | -1,455 Cr | -1,055 Cr | 1,060 Cr |
| Net cash flow | -1,406 Cr | 74 Cr | -72 Cr | 92 Cr | -73 Cr | -0.63 Cr | 4 Cr | -1,491 Cr | 43 Cr | -71 Cr |
| Free cash flow (OCF − Capex) | -923 Cr | 1,649 Cr | 628 Cr | 1,916 Cr | 271 Cr | 1,608 Cr | 1,726 Cr | 436 Cr | -1,958 Cr | 2,564 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 14.6% | 15.3% | 11.8% | 10.3% | 8.5% | 8.2% | 9.7% | 11.9% | 9.3% | 12.2% |
| ROE % | 13.9% | 14.9% | 11.3% | 9.3% | 8.3% | 7.9% | 9.4% | 11.5% | 9.0% | 11.7% |
| Debtor days | 0 | 0 | 0 | 4 | 6 | 8 | 5 | 0 | 0 | 0 |
| Inventory days | 93 | 58 | 0 | 131 | 156 | 248 | 196 | 242 | 0 | 0 |
| Days payable | 268 | 137 | — | — | — | — | — | — | — | — |
| Cash conversion cycle | -175 | -78 | 0 | 135 | 162 | 257 | 201 | 243 | 0 | 0 |
| Debt / equity | — | — | — | — | — | — | — | — | — | — |
| Current ratio | 58.55 | 23.71 | — | — | — | — | — | — | — | — |
| Net debt / EBITDA | -0.0048 | — | -0.01 | -0.37 | -0.08 | -0.07 | -0.08 | -0.03 | -0.16 | -0.01 |