Bajaj Finserv logo

Bajaj Finserv share price

NSE: BAJAJFINSVBSE: 532978FinanceLarge Cap

Bajaj Finserv Limited · Face value ₹1 · Listed May 2008
Last close ₹1,677.00up ₹6.10 (0.37%)BSE ₹1,680.00

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

52-week range of traded prices to 27 Oct 2026
₹1,597.00Low, 2 Apr 2026₹2,188.70High, 28 Oct 2025
Market cap
₹2,68,666 Cr27th largest listed
P/E
26.48
P/B
3.45
Dividend yield
0.09%
ROE
13.5%
NIM
8.00%
Cost of funds
7.21%
Credit cost
2.09%
ROA
2.79%
Leverage
5.24times net worth
Volume, NSE
24,81,02962.3% delivered

Bajaj Finserv share price chart

Daily closes since May 2008, adjusted for splits and bonuses

−22.7%over a year · Nifty Financial Services −11.7% · Nifty 500 −8.8%

Results20-session average 11,09,522 shares a day, 58.7% 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
    Itemyear to Mar 2026
    Lending54%
    General insurance23%
    Life insurance23%
  • 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. 1. Annual report, 8 Jul 2026, page 50
  2. 2. Annual report, 8 Jul 2026, page 147
  3. 3. Investor presentation, 31 Jul 2026, page 5
  4. 4. Annual report, 8 Jul 2026, page 27
  5. 5. Annual report, 8 Jul 2026, page 50
  6. 6. Exchange filing, 1 Oct 2026, page 2
  7. 7. Investor presentation, 31 Jul 2026, page 4
  8. 8. Annual report, 8 Jul 2026, page 148
  9. 9. Exchange filing, 12 Mar 2026, page 1
  10. 10. Annual report, 8 Jul 2026, page 51
  11. 11. Annual report, 8 Jul 2026, page 83
  12. 12. Annual report, 8 Jul 2026, page 17
  13. 13. Annual report, 8 Jul 2026, page 116
  14. 14. Earnings call, 31 Jul 2026, page 4
  15. 15. Investor presentation, 31 Jul 2026, page 68
  16. 16. Annual report, 8 Jul 2026, page 22
  17. 17. Annual report, 8 Jul 2026, page 28
  18. 18. Annual report, 8 Jul 2026, page 84
  19. 19. Annual report, 8 Jul 2026, page 52
  20. 20. Annual report, 8 Jul 2026, page 65
  21. 21. Annual report, 8 Jul 2026, page 68
  22. 22. Annual report, 8 Jul 2026, page 147
  23. 23. Earnings call, 31 Jul 2026, page 5
  24. 24. Earnings call, 31 Jul 2026, page 6
  25. 25. Earnings call, 31 Jul 2026, page 4
  26. 26. Earnings call, 31 Jul 2026, page 5
  27. 27. Earnings call, 31 Jul 2026, page 6
  28. 28. Earnings call, 31 Jul 2026, page 5
  29. 29. Annual report, 8 Jul 2026, page 148
  30. 30. Annual report, 8 Jul 2026, page 58
  31. 31. Investor presentation, 31 Jul 2026, page 20
  32. 32. Investor presentation, 31 Jul 2026, page 26
  33. 33. Annual report, 8 Jul 2026, page 68
  34. 34. Earnings call, 31 Jul 2026, page 11
  35. 35. Earnings call, 31 Jul 2026, page 11
  36. 36. Earnings call, 31 Jul 2026, page 12
  37. 37. Exchange filing, 17 Oct 2026, page 1
  38. 38. Exchange filing, 1 Oct 2026, page 1
  39. 39. Annual report, 8 Jul 2026, page 20
  40. 40. Annual report, 8 Jul 2026, page 63
  41. 41. Exchange filing, 16 Jan 2026, page 1
  42. 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 months
+14.4%
Net profit growth, 12 months
+6.5%

Quarter to Jun 2026, against the quarter before

Income from operations
₹42,037 Crup 9.20%
Net profit
₹6,297 Crup 20.48%

Income from operations by quarter

₹33,704 CrSep 24₹32,042 CrDec 24₹36,595 CrMar 25₹35,439 CrJun 25₹37,403 CrSep 25₹39,708 CrDec 25₹38,494 CrMar 26₹42,037 CrJun 26
Peak income from operations ₹42,037 Cr, quarter to Jun 2026; lowest ₹32,042 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹4,180 CrSep 24₹4,412 CrDec 24₹4,756 CrMar 25₹5,329 CrJun 25₹4,746 CrSep 25₹4,368 CrDec 25₹5,226 CrMar 26₹6,297 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Income from operations33,70432,04236,59535,43937,40339,70838,49442,037
Net profit4,1804,4124,7565,3294,7464,3685,2266,297
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Retail financing₹81,990 Crup 17.59%53.1%
  • Insurance₹68,860 Crup 7.30%44.6%
  • Investments and others₹3,619 Crdown 9.65%2.3%
  • Windmill₹24 Cr0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Bajaj Finserv PE ratio and valuation

Price to earnings

At or below today's level on 6% of 2,377 trading days over the last 10 years.

LowestHighest
Its median34.91Industry median11.89
Price to book

At or below today's level on 5% of 1,910 trading days since Oct 2018.

LowestHighest
Its median4.85Industry median1.36
Dividend yield

At or below today's level on 97% of 2,469 trading days over the last 10 years.

LowestHighest
Its median0.04%Industry median2.54%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend 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%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Bajaj Finserv shareholding pattern

Shareholding by group

  • Promoters58.65%
  • Foreign institutions8.16%
  • Indian institutions11.10%
  • Individuals and others21.97%
  • Employee trusts0.11%
Holder
BAJAJ HOLDINGS AND INVESTMENT LIMITEDPromoter38.38%
JAMNALAL SONS PRIVATE LIMITEDPromoter8.53%
JAYA HIND INDUSTRIES PRIVATE LIMITEDCompanies3.92%
MAHARASHTRA SCOOTERS LTDPromoter2.37%
LICI NEW PENSION PLUS SECURED FUNDInsurance companies1.98%
BAJAJ SEVASHRAM PRIVATE LIMITEDPromoter1.67%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.06 pts, foreign institutions +1.25 pts, Indian institutions −1.00 pts, mutual funds −0.91 pts.

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 time
1
Bought again
5
Added
122
Cut
86
Held unchanged
109
Sold out
6
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Bajaj Finserv insider trading

Bought on the market Sold on the market
  • Promoters and promoter group2 purchases, 3 sales₹375 Cr₹745 CrNet−₹370 Cr
  • Others: no market trade · 33 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

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

Return on equity across, P/E up, size is market cap
Company
Bajaj Holdings & Investment logoBajaj Holdings & InvestmentBAJAJHLDNG1,21,32113.701.66+30.2%+5.5%13.0%1.1%1.79%
Choice International logoChoice InternationalCHOICEIN16,06666.119.61+26.6%–18.0%14.7%0.00%
Edelweiss Financial Services logoEdelweiss Financial ServicesEDELWEISS11,62419.312.51+14.0%+48.0%13.3%11.3%1.22%
JM Financial logoJM FinancialJMFINANCIL10,47810.070.98−5.2%−5.8%10.2%9.9%2.97%
Rane Holdings logoRane HoldingsRANEHOLDIN2,14225.371.86+25.8%–7.5%9.9%3.13%
BF Investment logoBF InvestmentBFINVEST1,4823.800.17+22.7%+398.7%5.0%0.8%2.54%
Balmer Lawrie Investments logoBalmer Lawrie InvestmentsBLIL1,3907.750.97+8.8%+2.4%12.7%12.7%6.87%
Abans Financial Services logoAbans Financial ServicesAFSL1,0308.030.82+427.8%+17.1%11.0%9.7%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

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

0.2Mar 170.2Mar 180.3Mar 190.5Mar 200.3Mar 210.4Mar 220.8Mar 231Mar 241Mar 251.5Mar 26
Highest ₹1.50 a share, year to Mar 2026.
Ex-dateTypePer share
30 Jun 2026Final₹1.50
27 Jun 2025Final₹1.00
21 Jun 2024Final₹1.00
30 Jun 2023Final₹0.80
30 Jun 2022Final₹4.00
8 Jul 2021Final₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Bajaj Finserv announcements

Bajaj Finserv share price by year

Each calendar year to 2025.Bajaj Finserv share price history

YearClose at year endChangeHighest closeLowest close
20252,039.90+30.1%2,176.601,576.40
20241,568.10−7.0%2,010.701,477.30
20231,685.80+8.9%1,733.151,223.15
20221,547.85−5.7%1,837.061,093.18
20211,640.62+84.2%1,907.66835.46
2020890.64−5.2%989.43409.73
2019939.34+45.0%944.32588.52
2018647.70+23.8%711.66481.24
2017523.04+80.7%573.33294.97
2016289.49+45.6%345.89160.04
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 20261,653.001,670.901,635.601,670.901,655.055,80,72152.4%
23 Oct 20261,684.001,684.001,635.001,655.001,651.9810,35,02057.1%
22 Oct 20261,673.301,692.901,651.901,678.001,674.4512,55,69353.1%
21 Oct 20261,687.901,700.901,663.301,690.001,673.6213,26,68463.6%
19 Oct 20261,730.001,734.201,694.001,700.001,707.709,69,24357.7%
16 Oct 20261,737.001,738.601,704.001,729.001,728.5311,75,73560.9%
15 Oct 20261,715.001,746.101,705.001,732.001,727.919,70,22656.4%
14 Oct 20261,755.001,758.001,708.001,721.701,721.728,90,16455.9%
13 Oct 20261,717.101,757.901,707.301,755.701,742.1015,82,08659.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
13 Sep 2022Bonus0.5000Holders received 1 bonus share for every 1 held.
13 Sep 2022Split0.2000Each share became 5.
23 Mar 2020Price 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 2012Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson and managing director
SANJIVNAYAN RAHULKUMAR BAJAJ
At the end of the quarter to Sep 2026
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