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Bajaj Finance Limited (BAJFINANCE.NS)

INR1,003.80 -6.60 (-0.65%)
IN NSE Financial Services Financial - Credit Services
Address Panchshil Tech Park 411014
Pune, IN
CEO Rajeev A. Jain
IPO 2002-07-01
ISIN INE296A01032

Explore sections of this company profile

Also trades on Bombay Stock Exchange · BAJFINANCE.BO (INR) National Stock Exchange of India · BAJFINANCE.NS (INR)
Description

Bajaj Finance Limited, an Indian non-banking financial institution based in Pune, was founded in 1987 and operates as a subsidiary of Bajaj Finserv Limited. The company provides a comprehensive suite of financial products and services. Its diverse lending portfolio includes financing for consumer durables, lifestyle needs, healthcare, digital products, two-wheelers, three-wheelers, used cars, and specialized credit lines for developers, medical equipment, vendors, light engineering, specialty chemicals, financial institutions, corporations, and warehouse operations. The company also offers a wide array of personal, gold, home, business, working capital, secured enterprise, and professional loans, alongside credit against fixed deposits, shares, properties, and other securities. For investors, Bajaj Finance facilitates systematic deposit plans, fixed and term deposits, and mutual funds. Its capital market services extend to IPO and ESOP financing, margin trading, and HNI and retail broking, complete with trading account and depository facilities. In addition to its credit and investment offerings, Bajaj Finance delivers various insurance products, encompassing life, general, health, and specialized pocket insurance. Complementary services include extended warranties, e-commerce solutions, lease rental discounting, financial fitness reports, EMI cards, and co-branded credit cards and digital wallets. The company was previously known as Bajaj Auto Finance Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,003.80 -6.60 (-0.65%)
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Volume Profile
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Liquidity & share structure
Average Volume
10M
Beta
0.36
Float Shares
2.65B
Free Float %
42.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.79% -8.29% -1.58% -8.92% -10.19% -7.79% +0.90% +35.52% +69.82% +1,086.38% +64,896.43%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,003.80
DCF (Unlevered) 722.49 -28.0%
Ratings Trend (MoM) 68% Bullish
Rating 2026-05 Change
Strong Buy 6 0
Buy 19 0
Hold 6 0
Sell 3 0
Strong Sell 3 0
Quality scores
Altman Z-Score
1.14
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth
    +26.5% Q1'26: +21.8% (vs Q1'25)
  • EPS growth
    +13.6% Q1'26: +21.3% (vs Q1'25)
  • FCF margin
    -151.9% Q1'26: -138.0% (vs Q1'25)
  • EBIT margin
    +32.9% Q1'26: +34.3% (vs Q1'25)
  • ROIC
    +4.5% Q1'26: +4.7% (vs Q1'25)
  • Share dilution
    +1.3% Q1'26: +0.5% (vs Q1'25)
  • Debt / EBITDA
    12.62× Q1'26: 11.96× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.41) × ERP
WACC = 61% × Ke + 39% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 722.67 Current price: 1,003.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2011
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
23 Rev. Ana.
24 EPS Ana.
Mar 2027
24 Rev. Ana.
26 EPS Ana.
Mar 2028
24 Rev. Ana.
25 EPS Ana.
Mar 2029
11 Rev. Ana.
9 EPS Ana.
Revenue
13.73B
est: 8.98B (+53.0%)
40.26B
est: 24.28B (+65.8%)
53.91B
est: 31.48B (+71.3%)
72.78B
est: 44.03B (+65.3%)
99.19B
est: 60.21B (+64.7%)
122.23B
est: 86.44B (+41.4%)
177.84B
est: 117.01B (+52.0%)
253.29B
est: 163.92B (+54.5%)
254.37B
est: 173.51B (+46.6%)
298.86B
est: 218.01B (+37.1%)
395.27B
est: 283.90B (+39.2%)
530.51B
est: 329.59B (+61.0%)
671.27B
est: 447.21B (+50.1%)
541.19B
507.00B – 549.00B
+21.0% YoY
644.61B
611.41B – 657.37B
+19.1% YoY
776.39B
741.50B – 811.93B
+20.4% YoY
939.42B
938.86B – 939.98B
+21.0% YoY
EBITDA
3.83B
est: 3.06B (+25.1%)
11.21B
est: 8.11B (+38.2%)
13.93B
est: 14.57B (-4.4%)
20.21B
est: 19.51B (+3.6%)
28.89B
est: 28.15B (+2.6%)
39.46B
est: 40.93B (-3.6%)
63.23B
est: 53.92B (+17.3%)
76.17B
est: 87.14B (-12.6%)
63.18B
est: 82.41B (-23.3%)
98.88B
est: 99.66B (-0.8%)
160.13B
est: 128.60B (+24.5%)
199.93B
est: 117.47B (+70.2%)
229.61B
est: 153.93B (+49.2%)
192.89B
180.70B – 195.67B
+25.3% YoY
229.75B
217.92B – 234.30B
+19.1% YoY
276.72B
264.28B – 289.39B
+20.4% YoY
334.82B
334.62B – 335.03B
+21.0% YoY
EBIT
3.70B
est: 2.94B (+25.7%)
10.91B
est: 7.80B (+39.8%)
13.57B
est: 13.64B (-0.5%)
19.65B
est: 18.85B (+4.2%)
28.17B
est: 26.77B (+5.3%)
38.43B
est: 40.16B (-4.3%)
61.79B
est: 52.33B (+18.1%)
73.22B
est: 84.92B (-13.8%)
59.92B
est: 79.67B (-24.8%)
95.04B
est: 96.34B (-1.4%)
155.28B
est: 124.32B (+24.9%)
193.10B
est: 113.29B (+70.4%)
220.80B
est: 184.01B (+20.0%)
186.02B
174.27B – 188.71B
+1.1% YoY
221.57B
210.16B – 225.95B
+19.1% YoY
266.87B
254.87B – 279.08B
+20.4% YoY
322.90B
322.71B – 323.10B
+21.0% YoY
Net Income
2.47B
est: 34.12B (-92.8%)
7.19B
est: 6.67B (+7.8%)
8.98B
est: 9.34B (-3.9%)
12.79B
est: 12.81B (-0.2%)
18.36B
est: 17.77B (+3.3%)
24.96B
est: 26.20B (-4.7%)
39.95B
est: 34.10B (+17.2%)
52.64B
est: 55.05B (-4.4%)
44.20B
est: 57.14B (-22.7%)
70.28B
est: 69.10B (+1.7%)
115.08B
est: 89.16B (+29.1%)
144.51B
est: 1.50T (-90.4%)
166.38B
est: 174.25B (-4.5%)
190.17B
184.78B – 211.22B
+9.1% YoY
247.48B
236.30B – 267.10B
+30.1% YoY
306.99B
279.53B – 333.71B
+24.0% YoY
375.76B
340.14B – 434.62B
+22.4% YoY
SGA
562.60M
est: 66.61M (+744.6%)
932.20M
est: 3.92B (-76.2%)
970.60M
est: 14.57B (-93.3%)
1.67B
est: 22.47B (-92.6%)
2.01B
est: 25.60B (-92.2%)
1.83B
est: 32.09B (-94.3%)
2.01B
est: 35.97B (-94.4%)
2.48B
est: 46.03B (-94.6%)
1.23B
est: 46.76B (-97.4%)
2.01B
est: 56.54B (-96.4%)
3.91B
est: 72.97B (-94.6%)
4.03B
est: 2.13B (+89.4%)
5.39B
est: 2.79B (+93.5%)
3.49B
3.27B – 3.54B
+25.3% YoY
4.16B
3.95B – 4.24B
+19.1% YoY
5.01B
4.79B – 5.24B
+20.4% YoY
6.06B
6.06B – 6.07B
+21.0% YoY
EPS
0.66
est: 5.50 (-88.0%)
1.45
est: 14.90 (-90.3%)
1.80
est: 18.26 (-90.1%)
2.42
est: 2.38 (+1.7%)
3.40
est: 3.38 (+0.5%)
4.44
est: 4.58 (-3.1%)
6.93
est: 6.67 (+3.9%)
8.98
est: 9.70 (-7.4%)
7.36
est: 7.70 (-4.5%)
11.66
est: 11.54 (+1.0%)
19.05
est: 18.65 (+2.2%)
23.69
est: 243.34 (-90.3%)
26.89
est: 26.90 (-0.1%)
31.15
29.65 – 33.89
+15.8% YoY
40.27
37.91 – 42.85
+29.3% YoY
49.45
44.85 – 53.54
+22.8% YoY
60.64
54.57 – 69.73
+22.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B+ 3/5 5/5 5/5 5/5 1/5 1/5 1/5
2026-05-11 B+ 3/5 5/5 5/5 5/5 1/5 1/5 1/5
2026-05-08 B+ 3/5 5/5 5/5 5/5 1/5 1/5 1/5
2026-05-07 B+ 3/5 5/5 5/5 5/5 1/5 1/5 1/5
2026-05-06 B+ 3/5 5/5 5/5 5/5 1/5 1/5 1/5
2026-05-05 B+ 3/5 5/5 5/5 5/5 1/5 1/5 1/5
2026-05-04 B+ 3/5 5/5 5/5 5/5 1/5 1/5 1/5
2026-04-30 B+ 3/5 5/5 5/5 5/5 1/5 1/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-15 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-13 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-10 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-289.08B
OE per share TTM
-46.42
Owner's Yield
-5.03%
Maintenance CapEx ratio
2.23%
Maint CapEx / Avg PPE
4.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
5.98M
Shares Outstanding
6.22B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Rajeev A. Jain MD & Executive Vice Chairman 263M male
Sandeep Vijay Kumar Jain Chief Financial Officer & Chief Operating Officer 62M male
Anurag Chottani Chief Technology Officer & Chief Operating Officer male
Deepak Bagati President of Debt Management Services & Chief Operating Officer male
Jennifer Mathew Fernandes Chief Human Resources Officer female
Amit Raghuvanshi President of Cars, Two-Wheeler & Sales Finance male
Neelesh Sarda Chief Compliance Officer male
Prashant Verma Chief Information & Security Officer male
Manev Deep Mianwal President of Digital Platforms male
Anand Kumar President of Microfinance male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits