MoneyWorks4Me

Bajaj Holdings & Investment Ltd (BAJAJHLDNG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500490 NSE: BAJAJHLDNG Finance - NBFC | Large Cap | Bajaj Hold & Invest. Share Price

₹11,122.50 151.50 (1.38%)

As on 11-Sep'26 14:43

Bajaj Holdings & Investment Ltd (BAJAJHLDNG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500490 NSE: BAJAJHLDNG Finance - NBFC | Large Cap | Bajaj Hold & Invest. Share Price

₹11,122.50 151.50 (1.38%)

As on 11-Sep'26 14:43

Key Metrics
Valuation Multiples
Market Cap
₹1,22,100 Cr.
Current Price
₹11,122.5
52-Week Low / High
₹8,598 / 13,868
TTM EPS
₹795.8
Book Value per Share
₹6,604.2
P/E Ratio
13.79
Lower than its 5-year historical median
Industry PE
27.2
Price to Book (P/B)
1.66
Lower than its 5-year historical median
EV/EBITDA
118.38
Higher than its 5-year historical median
Dividend Yield
1.75%
Profitability Efficiency
Return on Equity (ROE)
14.41%
Return on Capital Employed (ROCE)
14.81%
Return on Assets (ROA)
12.20%
Growth Momentum
1-yr vs 3-yr growth
Net Interest Income Growth (1 Year)
Improving versus 3-year growth rate
107.1%
Book Value Growth (1 Year)
Improving versus 3-year growth rate
40.96%
Asset Quality
Gross NPA(%)
0.00%
Net NPA(%)
0.00%
TTM Sales
₹1,117 Cr.
Reserves
₹73,389 Cr.
Equity
₹111.3 Cr.
Face Value
₹10
All Time Low / High
₹146.67 / 14873.20

Bajaj Holdings & Investment stock performance

Key Ratios
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Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Bajaj Holdings & Investment Ltd a good quality company?
Bajaj Holdings & Investment Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Total Income growth, NPM, PPOP, RoA and RoE compared to its last 5-year median.

  • How efficiently has it grown and managed operations?

    By checking its Total Asset growth.

  • How strong is its Capital position and Asset Quality?

    By checking its Capital Adequacy Ratio (CAR), GNPA and NNPA.

How does Bajaj Holdings & Investment Ltd performance compare with that of its Peers?
Q.1 AUM Growth of Bajaj Holdings & Investment Ltd vs Industry Peers?
Bajaj Holdings & Investment Ltd AUM CAGR is 14.26%, compared to the 5-year industry median CAGR of 26.77%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Bajaj Holdings & Investment Ltd?
Promoters hold 51.46% of the Bajaj Holdings & Investment Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Bajaj Holdings & Investment Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 19.5% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bajaj Holdings & Investment Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Operating Income (₹ Cr.)8809499992,1643671,7761,8753,1121,5133,1313,200
YoY Gr. Rt. %-7.8%5.2%116.7%-83%383.4%5.6%66%-51.4%107%-
Adj EPS (₹ ) 48.471.970.8164.217.8146.5153.8260.3116.1423271
YoY Gr. Rt. %-48.6%-1.5%131.8%-89.1%721.2%5%69.2%-55.4%264.4%-
BVPS (₹ )659.2918.5987.5960.81,259.51,382.71,407.61,692.41,740.72,453.72,484.6
YoY Gr. Rt. %-39.3%7.5%-2.7%31.1%9.8%1.8%20.2%2.9%41%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)7.59.17.516.81.610.710.616.16.519.60

CAGR

9 Years 5 Years 3 Years 1 Years
Net Interest Income15.1%53.5%18.6%107%
Adj EPS27.3%88.4%40.1%264.4%
BVPS15.7%14.3%20.4%41%
Share Price 19.6% 21.1% 15.7% -15.1%

Key Financial Ratios

RATIOS \ YEARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)61.184.378.984.45491.891.393.185.4150.494.3
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)7.69.17.416.91.611.11116.86.820.210.9

Valuation of Bajaj Hold & Invest. - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Income + 8502,8093,2643,4943,9094,3805,1947,6696,9638,730
Interest Income8424204323933994304641,6496841,070
Other Income 172173739182325214353
Exceptional Items 82,3902,8323,1003,5103,9504,7306,0206,2797,660
Expenditure + 2207094180143154183176215195
Interest Expense 00013437211
Operating Expenses 485257128121128151153170141
Provisions 172173739182325214353
Exceptional Items 0000000001,522
Profit Before Tax 6302,7393,1703,3143,7664,2265,0127,4936,74810,057
Taxes 1358512223311210065128122268
Profit After Tax 4962,6553,0483,0803,6544,1264,9467,3656,6269,789
Adjusted EPS (₹)222.2238.5273.9268.9328.0364.4435.9653.0585.9865.9
Dividend Payout Ratio (%)14.60%16.80%11.90%14.90%12.20%31.60%28.20%20.10%15.90%22.50%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Equity Capital +17,81825,20126,95227,76437,16742,84244,18354,24862,68873,151
Share Capital 111111111111111111111111111111
Reserves 17,70725,09026,84127,65237,05642,73144,07154,13662,57673,039
Short term borrowings0000000000
Long Term Borrowings37-166-1341851,1751,8271,4662,1192,5122,711
Current Liabilities 344651244197180159718458
Trade Payables1015342354
Other Liabilities-1-0-1-5-3-4-2-3-5-4
Total Liabilities 17,88925,08126,87032,72945,49053,58853,18865,16175,26685,187

Assets

Non Current Asset +15,92524,36726,73331,98744,78952,80652,55462,66465,29483,047
Loan Asset 0000000000
Other Non Current Asset 15,92524,36726,73331,98744,78952,80652,55462,66465,29483,047
Current Asset +1,9647141377417007826342,4979,9712,140
Current Investment1,84746605095086374922,3478,7662,098
Other Current Asset1172491372331921451421511,20642
Total Assets 17,88925,08126,87032,72945,49053,58853,18865,16175,26685,187
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity -9231,6316281,9202721,6101,7281,941-1,9574,780
Cash Flow From Investing Activity -372-1,123-163-800-308-151-137-4723,054-3,695
Cash Flow From Financing Activity -110-434-536-1,028-37-1,460-1,587-1,455-1,055-1,156
Net Cash Flow -1,40674-7292-73-141443-71
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Operational & Financial Ratios

EPS (₹)222.20238.50273.90268.90328364.40435.90653585.90865.90
DPS (₹)32.504032.50404011512313193195
BVPS (₹)16012264.52421.82494.73339.73849.63970.14874.45632.86573

Performance Ratios

ROA (%)3.012.411.710.39.38.39.312.59.412.2
ROE (%)3.012.311.711.311.310.311.415.011.314.4
ROCE (%)3.812.712.212.211.610.611.515.211.514.8

Valuation Parameters

Price/Book(x)1.41.21.40.71.01.31.51.72.21.3

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Bajaj Holdings & Investment Ltd FAQs

The current trading price of Bajaj Hold & Invest. on 11-Sep-2026 14:43 is ₹11,122.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Sep-2026 the market cap of Bajaj Hold & Invest. stood at ₹1,22,100.1 Cr

The latest P/E ratio of Bajaj Hold & Invest. as of 10-Sep-2026 is 40.48.

The latest P/B ratio of Bajaj Hold & Invest. as of 10-Sep-2026 is 4.42.

The 52-week high of Bajaj Hold & Invest. is ₹13,868.2 and the 52-week low is ₹8,597.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bajaj Hold & Invest. is ₹3,200 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bajaj Holdings & Investment Ltd is a good quality company.

The key valuation ratios of Bajaj Holdings & Investment Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bajaj Holdings & Investment Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Bajaj Holdings & Investment Ltd

Bajaj Holdings & Investment (BHIL) - erstwhile Bajaj Auto (BAL) - was de-merged as per the Bombay High Court order dated 18 December 2007. The company is essentially a holding and investment company focusing on earnings income through dividend, interest and gains on investments held. Bajaj Auto is the flagship company of the Bajaj Group. The group comprises of 35 companies and was founded in the year 1926.

As part of the demerger Scheme, Bajaj Holdings and Investment, the auto company, was renamed as Bajaj Auto and the erstwhile Bajaj Auto was renamed as Bajaj Holdings & Investment (which would act as the primary investment company).

The process of demerger of erstwhile BAL, which was approved by the board of directors of the company on May 17, 2007 was completed with all approvals being obtained, including that of Bombay High Court and SEBI. Pursuant to the Scheme of Arrangement of Demerger, Bajaj Holdings & Investments Ltd (BHIL, erstwhile BAL) was demerged into three undertakings with effect from the effective date, viz. 20 February 2008. Further Pursuant to the Scheme of Demerger, the GDR programs for Bajaj Auto Limited (BAL) and Bajaj Finserv Limited (BFS) got established on August 21, 2008.

After the demerger BHIL’s manufacturing undertaking was transferred to the new Bajaj Auto (BAL) while its business undertaking consisting of wind farm business and financial services business has been transferred to Bajaj Finserv (BFS) and the company was focusing on new business opportunities.  Post-demerger, BHIL holds over 30% shares each in BAL and BFS. Going forward, BHIL will focus on new business opportunities. BAL and BFS will be able to tap (on an arm’s length basis) into BHIL’s cash pool to support future growth opportunities. BHIL by having more than 30% stake in both BAL and BFS will benefit from the future growth of these companies.

The decision of demerging the company was taken in view of the growth opportunities in the auto, wind energy, insurance and finance sectors and it was decided that it was timely and appropriate to de-merge these activities into separate entities, each of which can focus on these core businesses and strengthen its competencies.

BHIL has been registered as a Non-Banking Financial Company (NBFC) under the Registration No. N-13.01952 dated October 29, 2009 with Reserve Bank of India (RBI). The company is classified as a ‘Systemically Important Non-deposit taking NBFC’ as per RBI regulations.

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