BAJFINANCE.NS — Bajaj Finance Limited

Generated 2026-06-10 22:23
USAIND

Quarterly Verdict

🟢 77/100

Worth buying

Quality grade C; 4 improving / 1 weakening metrics this quarter.

➕ Pricing power (gross margin): Gross margin 92% — wide margins, likely pricing power
➕ Non-cyclical (beta): Beta 0.36 — low volatility vs market
➖ Buyback efficiency (net share-count Δ): Shares outstanding +905.2% YoY — dilution — share count rising
➕ Revenue +2.3% vs last quarter
➕ Net income +37.4% vs last quarter
➕ Free cash flow +3.1% vs last quarter
➕ Cash +31.3% vs last quarter
➖ Debt +11.9% vs last quarter

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

Valuation

Analyst consensus
UndervaluedFairOvervalued
Target ₹1,063.86 · Price ₹884.10 · +17% margin of safety · 35 analysts · range ₹747.00–₹1,280.00

Outside circle of competence — analyst targets only. Not financial advice.

Key Trends (6-yr)

GAAP EPS
Sales
Shares Outstanding

Quality Scorecard

C62/100
✅ Pricing power (gross margin) 92% Gross margin 92% — wide margins, likely pricing power
⚪ Free cash flow yield — data unavailable
⚪ Leverage (net debt / EBITDA) — data unavailable
✅ Non-cyclical (beta) 0.36 Beta 0.36 — low volatility vs market
⚪ Recurring revenue — no recurring-revenue tag (add to watchlist.json / company_meta.json)
🟡 Returns capital to shareholders yes dividend ~61.0%; shares +905.2%/yr
❌ Buyback efficiency (net share-count Δ) +905.2%/yr Shares outstanding +905.2% YoY — dilution — share count rising

Compounder checklist (proxy metrics from yfinance). 4 of 7 criteria scored. Not financial advice.

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: N/A
Market Cap: ₹5.50T
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, e-commerce purchases, retail spends, and two and three-wheelers; and personal, unsecured, home, and secured, gold, and car loans. It also provides secured and unsecured loans to micro, small, and medium enterprises, SMEs, and professionals; loans against property, mutual funds, insurance policies, and shares; developer finance and lease rental discounting services; 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; 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
₹884.10
Market Cap
₹5.50T
P/E Ratio
28.98
Forward P/E
17.87
PEG Ratio
N/A
Price to Book
4.82

Profitability

Profit Margin: 43.38%
Operating Margin: 60.65%
Gross Margin: 91.66%
Return on Equity (ROE): 17.91%
Return on Assets (ROA): 3.77%
Revenue Growth: 26.80%

Financial Health

Current Ratio: 7.20
Quick Ratio: 7.20
Debt to Equity: 313.41
Total Debt: ₹3.67T
Total Cash: ₹181.47B
Beta: 0.36

Trading & Analyst Info

52-Week Range

52-Week High: ₹1.10K
52-Week Low: ₹787.90
50-Day Average: ₹910.13
200-Day Average: ₹966.59

Analyst Recommendations

Recommendation: BUY
Target Mean Price: ₹1.06K
Target High: ₹1.28K
Target Low: ₹747.00

Price History

Financial Statements

Income Statement (Annual)

Item2026-03-312025-03-312024-03-312023-03-312022-03-31
Tax Effect Of Unusual Items₹-666.15M₹0.00₹-237.95M₹-161.71MN/A
Tax Rate For Calcs₹0.25₹0.24₹0.25₹0.26N/A
Total Unusual Items₹-2.65B₹-929.70M₹-945.70M₹-624.60MN/A
Total Unusual Items Excluding Goodwill₹-2.65B₹-929.70M₹-945.70M₹-624.60MN/A
Net Income From Continuing Operation Net Minority Interest₹190.17B₹166.38B₹144.51B₹115.08BN/A
Reconciled Depreciation₹10.09B₹8.81B₹6.83B₹4.85BN/A
Net Interest Income₹441.10B₹363.94B₹295.82B₹229.89BN/A
Interest Expense₹286.66B₹247.70B₹187.25B₹125.60BN/A
Interest Income₹727.76B₹611.64B₹483.07B₹355.49BN/A
Normalized Income₹192.16B₹166.38B₹145.22B₹115.54BN/A
Net Income From Continuing And Discontinued Operation₹190.17B₹166.38B₹144.51B₹115.08BN/A
Diluted Average SharesN/A₹6.20B₹6.12B₹6.07B₹6.07B
Basic Average SharesN/A₹6.19B₹6.10B₹6.04B₹6.03B
Diluted EPSN/A₹26.82₹23.60₹18.96₹11.58
Basic EPSN/A₹26.89₹23.69₹19.05₹11.66

Showing 15 of 38 rows

Balance Sheet (Annual)

Item2026-03-312025-03-312024-03-312023-03-312022-03-31
Treasury Shares Number₹4.61M₹6.16M₹9.88M₹10.08MN/A
Ordinary Shares Number₹6.22B₹6.21B₹6.18B₹6.04BN/A
Share Issued₹6.22B₹6.21B₹6.19B₹6.05BN/A
Net Debt₹3.51T₹2.63T₹2.10T₹1.61TN/A
Total Debt₹3.67T₹2.75T₹2.18T₹1.64TN/A
Tangible Book Value₹1.13T₹955.87B₹757.86B₹536.76BN/A
Invested Capital₹4.81T₹3.71T₹2.94T₹2.18TN/A
Net Tangible Assets₹1.13T₹955.87B₹757.86B₹536.76BN/A
Common Stock Equity₹1.14T₹966.93B₹766.95B₹543.72BN/A
Total Capitalization₹4.81T₹3.71T₹2.94T₹2.18TN/A
Total Equity Gross Minority Interest₹1.17T₹989.37B₹766.95B₹543.72BN/A
Minority Interest₹29.87B₹22.44B₹0.00N/AN/A
Stockholders Equity₹1.14T₹966.93B₹766.95B₹543.72BN/A
Other Equity Interest₹1.13T₹9.51B₹10.09B₹5.55BN/A
Retained EarningsN/A₹517.83B₹370.80B₹273.21B₹192.52B

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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