BAJFINANCE.NS — Bajaj Finance Limited ₹1,054.40

FINANCIAL · Generated 2026-07-29 21:15
USAIND

Price graph

Quality Scorecard Growth

C56/100
✅ Pricing power (gross margin) 92% Gross margin 92% — wide margins, likely pricing power
🟡 Return on equity 18% ROE 18% — decent returns
⚪ Leverage (net debt / EBITDA) — data unavailable
⚪ Interest coverage — data unavailable
✅ Earnings consistency (revenue) 0/3 down 0 revenue-down year(s) in 3 — no down years
✅ Earnings growth (net income YoY) +14% Net income +14% YoY — earnings growing
❌ Cash conversion (CFO/NI) -346% Operating cash ÷ net income -346% — profit not turning into cash
⚪ Operating margin trend — data unavailable
✅ Revenue growth 28% Revenue +28% — strong demand growth
🟡 Growth trajectory mild deceleration YoY +20% vs +24% prior 2-yr avg — mild deceleration
❌ Dilution control +904.9%/yr Shares +904.9% YoY — heavy dilution (stock-based comp)
❌ Rule of 40 -106 growth 28% + FCF margin -134% = -106 — below 40

Growth-stage checklist (proxy metrics from yfinance). 9 of 12 criteria scored. Not financial advice.

Buy-Now Score

62/100
Quality ×40%56
Trajectory ×30%79
Valuation ×30%53

Comparative rank: 40% Quality + 30% Trajectory + 30% Valuation — higher = better buy now. Not financial advice.

Valuation

₹948.96₹1,191.12
Price ₹1,054.40Analyst ₹1,082.83 (+3%)

Analyst: 36 analysts. MarketGist fair = analyst consensus only (no DCF — financial, or no free-cash-flow data). Not financial advice.

Key Trends (6-yr)

GAAP EPS
▲ +13.8% YoY
Sales
▲ +19.7% YoY
Shares Outstanding
▲ +0.5% YoY

Company Overview

Basic Information

Company Name: Bajaj Finance Limited
Symbol: BAJFINANCE.NS
Exchange: NSI
Sector: Financial Services
Industry: Credit Services

Company Details

Country: India
City: Pune
Employees: 71,613
Market Cap: ₹6.56T
Website: https://www.aboutbajajfinserv.com/finance-about-us

Business Description

Bajaj Finance Limited operates as a deposit-taking non-banking financial company in India. The company offers financing for various products, such as consumer electronics, furniture, digital products, lifestyle products, lifecare services, e-commerce purchases, retail spends, and two and three-wheelers; and personal, unsecured, home, secured, gold, and car loans. It also provides secured and unsecured loans to micro, small, and medium enterprises; loans against property, mutual funds, insurance policies, and shares; developer finance and lease rental discounting services; commercial vehicle financing; and new and used car financing, and tractor financing. In addition, the company offers commercial and rural lending; public and corporate deposits; loans against securities; micro-finance and auto financing lending; proprietary trading, ESOP financing, and broking and margin trade financing services. Further, it distributes life, health, and general insurance products. The company was formerly known as Bajaj Auto Finance Limited and changed its name to Bajaj Finance Limited in September 2010. The company was incorporated in 1987 and is based in Pune, India. Bajaj Finance Limited is a subsidiary of Bajaj Finserv Ltd.

Key Metrics

Price & Valuation

Current Price
₹1.05K
Market Cap
₹6.56T
P/E Ratio
34.56
Forward P/E
21.27
PEG Ratio
N/A
Price to Book
5.75

Profitability

Profit Margin: 43.28%
Operating Margin: 60.31%
Gross Margin: 91.67%
Return on Equity (ROE): 17.91%
Return on Assets (ROA): 3.77%
Revenue Growth: 28.20%

Financial Health

Current Ratio: 2.69
Quick Ratio: 2.59
Debt to Equity: 314.83
Total Debt: ₹3.68T
Total Cash: ₹47.41B
Beta: 0.35

Trading & Analyst Info

52-Week Range

52-Week High: ₹1.10K
52-Week Low: ₹787.90
50-Day Average: ₹970.82
200-Day Average: ₹964.83

Analyst Recommendations

Recommendation: BUY
Target Mean Price: ₹1.08K
Target High: ₹1.29K
Target Low: ₹764.00

Quarterly Verdict

🟡 61/100

Hold / watch

Quality grade C; 3 improving / 2 weakening metrics YoY.

➕ Pricing power (gross margin): Gross margin 92% — wide margins, likely pricing power
➕ Earnings consistency (revenue): 0 revenue-down year(s) in 3 — no down years
➕ Earnings growth (net income YoY): Net income +14% YoY — earnings growing
➖ Cash conversion (CFO/NI): Operating cash ÷ net income -346% — profit not turning into cash
➕ Revenue growth: Revenue +28% — strong demand growth
➖ Dilution control: Shares +904.9% YoY — heavy dilution (stock-based comp)
➖ Rule of 40: growth 28% + FCF margin -134% = -106 — below 40
➕ Revenue +19.4% YoY
➕ Net income +22.0% YoY
➕ Free cash flow +3.1% YoY
➖ Cash -38.6% YoY
➖ Debt +28.1% YoY

Heuristic from the Quality Scorecard + quarter-over-quarter trends. Not financial advice.

Financial Statements

Income Statement (Annual)

Item2026-03-312025-03-312024-03-312023-03-31
Tax Effect Of Unusual Items₹-945.53M₹-223.17M₹-237.95M₹-161.71M
Tax Rate For Calcs₹0.25₹0.24₹0.25₹0.26
Total Unusual Items₹-3.76B₹-929.70M₹-945.70M₹-624.60M
Total Unusual Items Excluding Goodwill₹-3.76B₹-929.70M₹-945.70M₹-624.60M
Net Income From Continuing Operation Net Minority Interest₹190.17B₹166.38B₹144.51B₹115.08B
Reconciled Depreciation₹10.09B₹8.81B₹6.83B₹4.85B
Net Interest Income₹441.13B₹364.20B₹295.82B₹229.89B
Interest Expense₹286.66B₹247.70B₹187.25B₹125.60B
Interest Income₹727.79B₹611.89B₹483.07B₹355.49B
Normalized Income₹192.99B₹167.08B₹145.22B₹115.54B
Net Income From Continuing And Discontinued Operation₹190.17B₹166.38B₹144.51B₹115.08B
Diluted Average Shares₹6.23B₹6.20B₹6.12B₹6.07B
Basic Average Shares₹6.21B₹6.19B₹6.10B₹6.04B
Diluted EPS₹30.51₹26.82₹23.60₹18.96
Basic EPS₹30.60₹26.89₹23.69₹19.05

Showing 15 of 38 rows

Balance Sheet (Annual)

Item2026-03-312025-03-312024-03-312023-03-31
Treasury Shares Number₹4.61M₹6.16M₹9.88M₹10.08M
Ordinary Shares Number₹6.22B₹6.21B₹6.18B₹6.04B
Share Issued₹6.22B₹6.21B₹6.19B₹6.05B
Net Debt₹3.48T₹2.68T₹2.10T₹1.61T
Total Debt₹3.53T₹2.75T₹2.18T₹1.64T
Tangible Book Value₹1.13T₹955.87B₹757.86B₹536.76B
Invested Capital₹4.66T₹3.71T₹2.94T₹2.18T
Net Tangible Assets₹1.13T₹955.87B₹757.86B₹536.76B
Common Stock Equity₹1.14T₹966.93B₹766.95B₹543.72B
Total Capitalization₹4.66T₹3.71T₹2.94T₹2.18T
Total Equity Gross Minority Interest₹1.17T₹989.37B₹766.95B₹543.72B
Minority Interest₹29.87B₹22.44B₹0.00N/A
Stockholders Equity₹1.14T₹966.93B₹766.95B₹543.72B
Other Equity Interest₹12.00B₹9.51B₹10.09B₹5.55B
Retained Earnings₹642.67B₹517.83B₹370.80B₹273.21B

Showing 15 of 50 rows

Cash Flow Statement (Annual)

Item2026-03-312025-03-312024-03-312023-03-312022-03-31
Free Cash Flow₹-667.51B₹-688.73B₹-708.81B₹-429.90BN/A
Repayment Of Debt₹-521.24B₹-390.27B₹-343.76B₹-364.74BN/A
Issuance Of Debt₹1.25T₹937.55B₹946.90B₹747.84BN/A
Issuance Of Capital Stock₹4.36B₹12.51B₹93.64B₹1.58BN/A
Capital Expenditure₹-9.61B₹-10.82B₹-10.38B₹-8.78BN/A
End Cash Position₹18.97B₹36.42B₹40.35B₹15.51BN/A
Other Cash Adjustment Outside Changein CashN/AN/AN/A₹500.00KN/A
Beginning Cash Position₹36.42B₹40.35B₹15.51B₹33.81BN/A
Changes In Cash₹-17.46B₹-3.92B₹24.84B₹-18.31BN/A
Financing Cash Flow₹674.33B₹701.65B₹824.15B₹506.75BN/A
Net Other Financing Charges₹-23.78B₹166.25B₹147.60B₹135.57BN/A
Cash Dividends Paid₹-34.77B₹-22.25B₹-18.15B₹-12.07BN/A
Common Stock Dividend Paid₹-34.77B₹-22.25B₹-18.15B₹-12.07BN/A
Net Common Stock Issuance₹4.36B₹12.51B₹93.64B₹1.58BN/A
Common Stock Issuance₹4.36B₹12.51B₹93.64B₹1.58BN/A

Showing 15 of 52 rows

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