Bajaj Finserv share price
NSE: BAJAJFINSVBSE: 532978FinanceLarge Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹1,670.90.
27 Oct: open ₹1,656.00, high ₹1,680.50, low ₹1,651.60
- Next results date: the board meets on 3 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,68,666 Cr27th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 26.48
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.45
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.09%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 13.5%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 8.00%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Cost of funds in the glossary
- 7.21%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Credit cost in the glossary
- 2.09%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 2.79%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Assets per rupee of net worth in the glossary
- 5.24times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 24,81,02962.3% delivered
About Bajaj Finserv
Bajaj Finserv Limited is the holding company for the Bajaj group's financial services businesses, which operate largely in India.12 Through its subsidiaries it offers personal, home and business loans, gold loans, fixed deposits, general, health and life insurance and mutual funds to individuals, small and medium businesses and companies.34 It also runs a digital marketplace for financial products, technology services, a health-tech platform and online stockbroking.5
Lending runs through Bajaj Finance Limited, of which the company held 51.30% on 1 October 2026, and Bajaj Housing Finance Limited, a listed housing finance company in which Bajaj Finance holds 86.70%.678 Insurance runs through Bajaj General Insurance Limited (general and health insurance) and Bajaj Life Insurance Limited (life insurance, retirement and pension); the company holds 77.33% of each and, with promoter group companies, 100%.79 On its own, the company's only operation is 138 windmills in Maharashtra with 65.2 megawatts (MW) of capacity.210 It is a core investment company (a holding company required to invest most of its assets in group companies) and, as it does not raise public funds, it is not registered with the Reserve Bank of India.10
It was incorporated on 30 April 2007 and was formed through the demerger of Bajaj Auto Ltd. in 2008.11 The Bajaj group was founded in 1926 by Jamnalal Bajaj; Bajaj Finance began in 1987 as an auto-financing unit and the group entered insurance in 2001.12
Sanjiv Bajaj, a promoter, is Chairman and Managing Director.13
Bajaj Finserv key points
Results
- In the quarter to Jun 2026, consolidated total income grew 19% to ₹42,037 crore and consolidated profit after tax, which includes the share of other shareholders in its subsidiaries, grew 18% to ₹6,297 crore.1415
- In the year to Mar 2026, consolidated total income (the company's "revenue") was ₹150,530 crore, up 13%, and consolidated profit for the year, after other shareholders' share in subsidiaries, was ₹9,801 crore, up 10%; the company calls both all-time highs.161718
Market position
- Bajaj Finance is the largest non-banking financial company (NBFC, a lender that is not a bank) in India by both assets under management and profit after tax, the company says.19
- Bajaj General was the third largest general insurer in India by gross direct premium (premium written directly, before reinsurance) in the year to Mar 2026, with a market share of 7.1% including standalone insurers.1920
- Bajaj Life ranked sixth among private life insurers by retail weighted received premium (first-year premium plus a tenth of single premiums) in the year to Mar 2026; its share of the whole market was 5.7%, against 5.9% a year earlier.1921
Business segments
- Share of turnover by main business activity, as the company reports it22
Item year to Mar 2026 Lending 54% General insurance 23% Life insurance 23% - Lending. Bajaj Finance's assets under management (loans and other assets it manages) grew about 24% to ₹5,46,944 crore at the end of June 2026, and its profit after tax grew about 27.6% to ₹6,081 crore in the quarter.2324
- General insurance. Bajaj General's gross written premium grew 11.3% to ₹5,789 crore in the quarter to Jun 2026; its combined ratio (claims and costs as a share of premium) was 104.7%, and its profit fell to ₹478 crore from ₹660 crore.25
- Life insurance. Bajaj Life's retail weighted received premium grew 17.5% to about ₹1,474 crore in the quarter to Jun 2026 and its value of new business (expected profit on policies sold) grew 87% to ₹271 crore; profit after tax fell to ₹51 crore from ₹171 crore.26
Loan book and deposits
- Bajaj Housing Finance's assets under management grew 24% in the quarter to Jun 2026: home loans by 20%, loans against property by 22%, lease rental discounting (loans repaid from a property's rent) by 41% and developer finance by 19%.27
- Bajaj Life's assets under management were ₹1,43,744 crore at the end of June 2026, up almost 10%; solvency ratios (capital held as a multiple of the regulator's minimum) were 285% at Bajaj Life and 254% at Bajaj General.28
Branches and reach
- Bajaj Finance had 119.33 million customers at the end of March 2026, having added 17.51 million new customers in the year, and was present in 4,098 locations, 2,571 of them in rural areas, smaller towns and villages.2930
- Bajaj General sells through more than 71,800 agents and 92,300 point-of-sale persons, over 220 bank and other corporate agent partners and over 9,300 motor dealers.31
- Bajaj Life had over 160,000 agents in the year to Mar 2026; its presentation of 31 Jul 2026 lists 598 branches.3233
What the company expects
- On its earnings call of 31 Jul 2026, the company said it expects Bajaj Finserv Direct to break even quarterly by the quarter to Mar 2027, having earlier said this might come in the year to Mar 2026.34
- On its earnings call of 31 Jul 2026, the company said it expects Bajaj Finserv Health to break even quarterly, and Bajaj Finserv Direct for the full year, by the year to Mar 2028.3534
- On its earnings call of 31 Jul 2026, the company said Bajaj Finserv Direct needs no more capital, Bajaj Finserv Health may need ₹200 crore to ₹300 crore over the next 6 quarters, and the larger part would go to Bajaj Finserv's alternative investments business.36
Recent events
- Bajaj Finserv incorporated Bajaj Reinsurance Limited, a wholly owned subsidiary for reinsurance (insurance bought by insurers), on 17 Oct 2026; it needs regulatory approvals before starting business.37
- On 1 Oct 2026 the board approved subscribing for up to ₹5,800 crore of warrants (rights to buy shares later at a set price) convertible into Bajaj Finance shares, in a preferential issue by Bajaj Finance.38
- Bajaj Finserv and promoter group companies bought Allianz SE's 26% stake in Bajaj General and Bajaj Life for a transaction value of ₹24,180 crore, including the insurers' buyback: 23% on 8 January 2026 and the last 3% on 12 March 2026.3940
- On 16 Jan 2026 Bajaj Finserv bought Allianz SE's 50% stake in Bajaj Financial Distributors Limited, the corporate agent for Bajaj Life and Bajaj General, for ₹12.5 crore, taking its stake to 100%.4142
Last updated
All 42 sources, each with its page
- 1. Annual report, 8 Jul 2026, page 50
- 2. Annual report, 8 Jul 2026, page 147
- 3. Investor presentation, 31 Jul 2026, page 5
- 4. Annual report, 8 Jul 2026, page 27
- 5. Annual report, 8 Jul 2026, page 50
- 6. Exchange filing, 1 Oct 2026, page 2
- 7. Investor presentation, 31 Jul 2026, page 4
- 8. Annual report, 8 Jul 2026, page 148
- 9. Exchange filing, 12 Mar 2026, page 1
- 10. Annual report, 8 Jul 2026, page 51
- 11. Annual report, 8 Jul 2026, page 83
- 12. Annual report, 8 Jul 2026, page 17
- 13. Annual report, 8 Jul 2026, page 116
- 14. Earnings call, 31 Jul 2026, page 4
- 15. Investor presentation, 31 Jul 2026, page 68
- 16. Annual report, 8 Jul 2026, page 22
- 17. Annual report, 8 Jul 2026, page 28
- 18. Annual report, 8 Jul 2026, page 84
- 19. Annual report, 8 Jul 2026, page 52
- 20. Annual report, 8 Jul 2026, page 65
- 21. Annual report, 8 Jul 2026, page 68
- 22. Annual report, 8 Jul 2026, page 147
- 23. Earnings call, 31 Jul 2026, page 5
- 24. Earnings call, 31 Jul 2026, page 6
- 25. Earnings call, 31 Jul 2026, page 4
- 26. Earnings call, 31 Jul 2026, page 5
- 27. Earnings call, 31 Jul 2026, page 6
- 28. Earnings call, 31 Jul 2026, page 5
- 29. Annual report, 8 Jul 2026, page 148
- 30. Annual report, 8 Jul 2026, page 58
- 31. Investor presentation, 31 Jul 2026, page 20
- 32. Investor presentation, 31 Jul 2026, page 26
- 33. Annual report, 8 Jul 2026, page 68
- 34. Earnings call, 31 Jul 2026, page 11
- 35. Earnings call, 31 Jul 2026, page 11
- 36. Earnings call, 31 Jul 2026, page 12
- 37. Exchange filing, 17 Oct 2026, page 1
- 38. Exchange filing, 1 Oct 2026, page 1
- 39. Annual report, 8 Jul 2026, page 20
- 40. Annual report, 8 Jul 2026, page 63
- 41. Exchange filing, 16 Jan 2026, page 1
- 42. Annual report, 8 Jul 2026, page 130
Results
Consolidated; ₹ crore. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Bajaj Finserv quarterly results
- Income from operations growth, 12 monthsIncome from operations growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +14.4%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +6.5%
Quarter to Jun 2026, against the quarter before
- Income from operationsIncome from operations. The pill is the change in income from operations against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹42,037 Crup 9.20%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹6,297 Crup 20.48%
Income from operations by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income from operations | 33,704 | 32,042 | 36,595 | 35,439 | 37,403 | 39,708 | 38,494 | 42,037 |
| Net profit | 4,180 | 4,412 | 4,756 | 5,329 | 4,746 | 4,368 | 5,226 | 6,297 |
Year to Mar 2026, against the year before
- Income from operationsIncome from operations. The pill is the change in income from operations against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,50,504 Crup 12.47%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹19,669 Crup 12.03%
Income from operations by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income from operations | 24,522 | 30,599 | 42,604 | 54,347 | 60,591 | 68,406 | 82,071 | 1,10,382 | 1,33,821 | 1,50,504 |
| Net profit | 2,262 | 2,741 | 5,374 | 5,994 | 7,367 | 8,314 | 12,210 | 15,595 | 17,558 | 19,669 |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Retail financingRetail financing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹81,990 Crup 17.59%53.1%
- InsuranceInsurance, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹68,860 Crup 7.30%44.6%
- Investments and othersInvestments and others, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,619 Crdown 9.65%2.3%
- WindmillWindmill, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹24 Cr0.0%
Valuation
Today, against the company's own history.Bajaj Finserv PE ratio and valuation
At or below today's level on 6% of 2,377 trading days over the last 10 years.
At or below today's level on 5% of 1,910 trading days since Oct 2018.
At or below today's level on 97% of 2,469 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −18.6% | +10.3% | −26.3% | 0.1% |
| 3 years | +8.9% | +15.0% | −5.4% | 0.1% |
| 5 years | +11.1% | +16.9% | −5.0% | 0.1% |
Mutual fund holdings
324 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 171 of the 208 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 324 funds holding Bajaj Finserv
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 5
- AddedAdded. Funds that held more shares than at the end of the month before.
- 122
- CutCut. Funds that held fewer shares than at the end of the month before.
- 86
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 109
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 6
| Fund | |||
|---|---|---|---|
| 1,23,97,312 | 2.55% | ₹2,146.0 Cr | |
| 1,12,74,746 | 0.96% | ₹1,951.7 Cr | |
| 75,34,407 | 1.13% | ₹1,305.6 Cr | |
| 65,72,078 | 3.05% | ₹1,137.6 Cr | |
| 59,51,706 | 1.80% | ₹1,030.2 Cr | |
| 52,34,432 | 2.86% | ₹906.1 Cr | |
| 38,66,616 | 0.96% | ₹669.3 Cr | |
| 36,19,512 | 0.96% | ₹626.5 Cr | |
| 35,50,323 | 1.13% | ₹615.2 Cr | |
| 23,73,255 | 0.96% | ₹410.8 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Bajaj Finserv insider trading
- Promoters and promoter group2 purchases, 3 sales₹375 Cr₹745 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹370 Cr
- Others: no market trade · 33 pledge filings of unclear kind
Bajaj Finserv competitors and peers
Holding Company, 15 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Bajaj Finserv in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1,21,321 | 13.70 | 1.66 | +30.2% | +5.5% | 13.0% | 1.1% | 1.79% | |
| 16,066 | 66.11 | 9.61 | +26.6% | – | 18.0% | 14.7% | 0.00% | |
| 11,624 | 19.31 | 2.51 | +14.0% | +48.0% | 13.3% | 11.3% | 1.22% | |
| 10,478 | 10.07 | 0.98 | −5.2% | −5.8% | 10.2% | 9.9% | 2.97% | |
| 2,142 | 25.37 | 1.86 | +25.8% | – | 7.5% | 9.9% | 3.13% | |
| 1,482 | 3.80 | 0.17 | +22.7% | +398.7% | 5.0% | 0.8% | 2.54% | |
| 1,390 | 7.75 | 0.97 | +8.8% | +2.4% | 12.7% | 12.7% | 6.87% | |
| 1,030 | 8.03 | 0.82 | +427.8% | +17.1% | 11.0% | 9.7% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Bajaj Finserv dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 30 Jun 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.50 |
| 27 Jun 2025 | Final | ₹1.00 |
| 21 Jun 2024 | Final | ₹1.00 |
| 30 Jun 2023 | Final | ₹0.80 |
| 30 Jun 2022 | Final | ₹4.00 |
| 8 Jul 2021 | Final | ₹3.00 |
Latest announcements
Routine notices left out.Bajaj Finserv announcements
Oct 2026
19 Oct · Analysts
Bajaj Finserv share price by year
Each calendar year to 2025.Bajaj Finserv share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,039.90 | +30.1% | 2,176.60 | 1,576.40 |
| 2024 | 1,568.10 | −7.0% | 2,010.70 | 1,477.30 |
| 2023 | 1,685.80 | +8.9% | 1,733.15 | 1,223.15 |
| 2022 | 1,547.85 | −5.7% | 1,837.06 | 1,093.18 |
| 2021 | 1,640.62 | +84.2% | 1,907.66 | 835.46 |
| 2020 | 890.64 | −5.2% | 989.43 | 409.73 |
| 2019 | 939.34 | +45.0% | 944.32 | 588.52 |
| 2018 | 647.70 | +23.8% | 711.66 | 481.24 |
| 2017 | 523.04 | +80.7% | 573.33 | 294.97 |
| 2016 | 289.49 | +45.6% | 345.89 | 160.04 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 1,653.00 | 1,670.90 | 1,635.60 | 1,670.90 | 1,655.05 | 5,80,721 | 52.4% |
| 23 Oct 2026 | 1,684.00 | 1,684.00 | 1,635.00 | 1,655.00 | 1,651.98 | 10,35,020 | 57.1% |
| 22 Oct 2026 | 1,673.30 | 1,692.90 | 1,651.90 | 1,678.00 | 1,674.45 | 12,55,693 | 53.1% |
| 21 Oct 2026 | 1,687.90 | 1,700.90 | 1,663.30 | 1,690.00 | 1,673.62 | 13,26,684 | 63.6% |
| 19 Oct 2026 | 1,730.00 | 1,734.20 | 1,694.00 | 1,700.00 | 1,707.70 | 9,69,243 | 57.7% |
| 16 Oct 2026 | 1,737.00 | 1,738.60 | 1,704.00 | 1,729.00 | 1,728.53 | 11,75,735 | 60.9% |
| 15 Oct 2026 | 1,715.00 | 1,746.10 | 1,705.00 | 1,732.00 | 1,727.91 | 9,70,226 | 56.4% |
| 14 Oct 2026 | 1,755.00 | 1,758.00 | 1,708.00 | 1,721.70 | 1,721.72 | 8,90,164 | 55.9% |
| 13 Oct 2026 | 1,717.10 | 1,757.90 | 1,707.30 | 1,755.70 | 1,742.10 | 15,82,086 | 59.5% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Sep 2022 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 13 Sep 2022 | Split | 0.2000 | Each share became 5. |
| 23 Mar 2020 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 6 Sep 2012 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Company details
- NSE symbol
- BAJAJFINSV
- BSE code
- 532978
- ISIN
- INE918I01026
- Industry
- Finance
- CIN
- L65923PN2007PLC130075
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2007
- Registered office
- 6th Floor, Bajaj Finserv House, Off Pune-Ahmednagar Road, Vimannagar, 411014, Maharashtra
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments