Bajaj Holdings & Investment share price
NSE: BAJAJHLDNGBSE: 500490FinanceLarge Cap
Bajaj Holdings & Investment Limited · Formerly Bajaj Auto · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Mar 1961 on BSE, Mar 1995 on NSE
Last close ₹10,160.00down ₹301.00 (2.88%)BSE ₹10,150.00
Share price at the NSE close on 29 Oct 2026. Previous close ₹10,461.00.
29 Oct: open ₹10,500.00, high ₹10,534.00, low ₹10,150.00
52-week range of traded prices to 29 Oct 2026
₹8,588.00Low, 2 Apr 2026₹13,250.00High, 6 Nov 2025
- 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
- ₹1,13,074 Cr91st 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
- 12.76
- 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
- 1.55
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.92%
- 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.
- 13.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 1.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- 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
- 61,11944.2% delivered
About Bajaj Holdings & Investment
Bajaj Holdings & Investment Limited is an investment holding company of the Bajaj Group, based in Pune.12 It has no operations of its own and earns its income mainly from dividends paid by the group companies it invests in.3 Through these holdings it is invested in motorcycles, scooters and three-wheelers, and in consumer lending and insurance.45
Its main holdings are 2 associates (companies it influences but does not control), Bajaj Auto and Bajaj Finserv, and 2 subsidiaries, Maharashtra Scooters and Bajaj Auto Holdings.16 It also holds stakes in other group companies, including Bajaj Electricals, Bajel Projects and Mukand.7 It reports a single business segment, investments, and had 14 permanent employees at the end of March 2026.89
It was incorporated in 1945.2 Bajaj Auto and Bajaj Finserv have been its associates since 20 February 2008, the effective date of a demerger (the split of one company into several).10 Maharashtra Scooters became its subsidiary on 17 June 2019 and closed its manufacturing operations in the year to Mar 2025.1112
The promoter and promoter group held 51.46% of the company at the end of March 2026.13 Shekhar Bajaj is chairman and Sanjiv Bajaj is managing director and chief executive.14
Bajaj Holdings & Investment key points
Results
- Consolidated profit attributable to the company's owners (its own profit plus its share of its group companies' profits) for the year to Mar 2026 was ₹9,636.75 crore, its highest ever, the company says. Excluding the profit on selling Bajaj Finserv shares, it was ₹8,255.84 crore.1516
- On a standalone basis (the company on its own), profit for the year to Mar 2026 was ₹4,707.80 crore including the Bajaj Finserv share sale, also its highest ever, the company says.17
- Profit attributable to the company from each holding, year to Mar 20261819
Item year to Mar 2026 Bajaj Finserv ₹4,014.95 crore Bajaj Auto ₹3,590.82 crore Maharashtra Scooters ₹158.39 crore
Investment portfolio
- Stakes held by the company and its subsidiaries, end of March 202620
Item Mar 2026 Bajaj Auto 36.66% Bajaj Finserv 40.78% Maharashtra Scooters 51% Bajaj General Insurance 18.10% Bajaj Life Insurance 18.10% - The portfolio's market value was ₹2,15,779 crore at the end of March 2026, against ₹2,23,734 crore a year earlier. Its cost was ₹21,660 crore, against ₹16,183 crore.21
- Outside the group, it held equity, debt securities and property worth ₹2,360 crore at market value at the end of March 2026.22
- In the year to Mar 2026 it sold 1.04 crore Bajaj Finserv shares through a block deal (one large negotiated trade) to help pay for its insurance stakes, at a profit before tax of ₹1,982.99 crore on a standalone basis.2324
Group companies
- Bajaj Auto's consolidated total income was ₹65,087.22 crore in the year to Mar 2026.19
- On 18 November 2025, Bajaj Auto gained sole control of Bajaj Auto International Holdings AG, which holds 74.9% of Bajaj Mobility AG, the holding company of KTM AG, a motorcycle maker in Europe with the KTM, Husqvarna and GASGAS brands.2526
- Bajaj Finserv, the holding company for the group's financial services businesses, had consolidated total income of ₹1,50,530.38 crore in the year to Mar 2026.1827
- Bajaj Finserv holds 51.32% of Bajaj Finance, its lending business, and 77.33% of the 2 insurers, Bajaj General Insurance and Bajaj Life Insurance.27
Regulatory status
- The company has been registered with the Reserve Bank of India (RBI) since 29 October 2009 as a non-banking financial company (a finance company that is not a bank) in the investment and credit category.28
- On 12 November 2025, it applied to the RBI to give up that registration and be reclassified as an unregistered core investment company (one that invests mainly in its own group). As of its annual report of 7 Jul 2026, the application was under review.28
- The RBI's rules for such companies require at least 90% of net assets in group companies and at least 60% in their equity. Meeting them involved selling about ₹14,000 crore of other investments over 15 months, the company says.29
- Its capital adequacy ratio (capital measured against its risk-weighted assets) was 154% at the end of March 2026, against the RBI's minimum of 15%. It borrowed nothing from banks in the year and does not accept deposits.303132
Recent events
- On 7 May 2026, the board recommended a final dividend of ₹130 a share for the year to Mar 2026, including a special ₹50 to mark 100 years of the Bajaj Group.33
- On 12 March 2026, Allianz SE sold its remaining 3% of Bajaj General Insurance and Bajaj Life Insurance back to them and exited both. With Bajaj Finserv and a promoter group company, the company now holds 100% of both.3435
- On 8 January 2026, it bought 17.56% of each of Bajaj General Insurance and Bajaj Life Insurance from Allianz SE, as Bajaj Finserv and its promoter group bought out Allianz's 23% stake.36
Last updated
All 36 sources, each with its page
- 1. Annual report, 7 Jul 2026, page 29
- 2. Annual report, 7 Jul 2026, page 2
- 3. Annual report, 7 Jul 2026, page 27
- 4. Annual report, 7 Jul 2026, page 52
- 5. Annual report, 7 Jul 2026, page 53
- 6. Annual report, 7 Jul 2026, page 54
- 7. Annual report, 7 Jul 2026, page 50
- 8. Exchange filing, 4 Feb 2026, page 5
- 9. Annual report, 7 Jul 2026, page 37
- 10. Annual report, 7 Jul 2026, page 255
- 11. Annual report, 7 Jul 2026, page 207
- 12. Annual report, 7 Jul 2026, page 55
- 13. Annual report, 7 Jul 2026, page 85
- 14. Annual report, 7 Jul 2026, page 23
- 15. Annual report, 7 Jul 2026, page 51
- 16. Annual report, 7 Jul 2026, page 54
- 17. Annual report, 7 Jul 2026, page 51
- 18. Annual report, 7 Jul 2026, page 56
- 19. Annual report, 7 Jul 2026, page 55
- 20. Annual report, 7 Jul 2026, page 50
- 21. Annual report, 7 Jul 2026, page 50
- 22. Annual report, 7 Jul 2026, page 50
- 23. Annual report, 7 Jul 2026, page 50
- 24. Exchange filing, 4 Feb 2026, page 5
- 25. Annual report, 7 Jul 2026, page 207
- 26. Annual report, 7 Jul 2026, page 237
- 27. Annual report, 7 Jul 2026, page 53
- 28. Annual report, 7 Jul 2026, page 27
- 29. Annual report, 7 Jul 2026, page 50
- 30. Annual report, 7 Jul 2026, page 36
- 31. Annual report, 7 Jul 2026, page 37
- 32. Annual report, 7 Jul 2026, page 33
- 33. Exchange filing, 7 May 2026, page 1
- 34. Exchange filing, 12 Mar 2026, page 1
- 35. Annual report, 7 Jul 2026, page 29
- 36. Annual report, 7 Jul 2026, page 51
Results
Consolidated; ₹ crore.Bajaj Holdings & Investment quarterly results
- Revenue growth, 12 monthsRevenue 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.
- +30.2%
- 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.
- +5.5%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹394 Crup 551.35%
- 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
- ₹2,708 Crup 5.09%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 686.8%
Revenue by quarter
Peak revenue ₹397 Cr, quarter to Sep 2025; lowest ₹61 Cr, quarter to Mar 2026
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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 126 | 145 | 325 | 397 | 288 | 61 | 394 |
| Net profit | 1,510 | 1,750 | 1,751 | 3,504 | 1,690 | 2,018 | 2,577 | 2,708 |
| Net margin | 541.2% | 1,385.2% | 1,205.3% | 1,079.2% | 425.8% | 702.0% | 4,256.6% | 686.8% |
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.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,070 Crup 56.28%
- 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.
- ₹9,789 Crup 47.74%
- Net margin
- 915.2%
Revenue by year
Peak revenue ₹1,649 Cr, year to Mar 2024; lowest ₹393 Cr, year to Mar 2020
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 842 | 960 | 427 | 393 | 399 | 430 | 464 | 1,649 | 684 | 1,070 |
| Net profit | 2,473 | 3,186 | 3,048 | 3,080 | 3,654 | 4,126 | 4,946 | 7,365 | 6,626 | 9,789 |
| Net margin | 293.7% | 331.9% | 714.4% | 783.0% | 915.6% | 960.1% | 1,065.8% | 446.7% | 968.1% | 915.2% |
Consolidated. Years to March. 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
In the year to Mar 2026 the company reports one business segment, Investment, which carries all its revenue.
Valuation
Today, against the company's own history.Bajaj Holdings & Investment PE ratio and valuation
Price to earnings
At or below today's level on 44% of 2,467 trading days over the last 10 years.
LowestHighest
Its median13.58Industry median15.22
Price to book
At or below today's level on 49% of 1,974 trading days since Oct 2018.
LowestHighest
Its median1.56Industry median1.34
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 80% of 2,475 trading days over the last 10 years.
LowestHighest
Its median1.31%Industry median2.54%
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 | −27.7% | +47.8% | −52.6% | 2.2% |
| 3 years | +15.4% | +25.7% | −9.4% | 1.5% |
| 5 years | +23.4% | +21.4% | +0.1% | 1.8% |
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. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.
Mutual fund holdings
125 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 82 of the 90 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 125 funds holding Bajaj Holdings & Investment
- 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.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 55
- CutCut. Funds that held fewer shares than at the end of the month before.
- 35
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 31
- 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
- 2
| Fund | |||
|---|---|---|---|
 Parag Parikh Flexi Cap FundPPFAS Mutual Fund | 66,64,560 | 4.96% | ₹7,189.7 Cr |
| Parag Parikh ELSS Tax Saver FundPPFAS Mutual Fund | 3,52,751 | 7.05% | ₹380.5 Cr |
 ICICI Prudential Nifty Next 50 Index FundICICI Prudential Mutual Fund | 1,72,686 | 1.91% | ₹186.3 Cr |
 Nippon India ETF Nifty Next 50 Junior BeESNippon India Mutual Fund | 1,53,423 | 1.91% | ₹165.5 Cr |
 UTI Nifty Next 50 Index FundUTI Mutual Fund | 1,29,341 | 1.91% | ₹139.5 Cr |
| ICICI Prudential Dividend Yield FundICICI Prudential Mutual Fund | 1,24,915 | 2.13% | ₹134.8 Cr |
| ICICI Prudential Children's FundICICI Prudential Mutual Fund | 55,000 | 4.31% | ₹59.3 Cr |
 SBI Nifty Next 50 ETFSBI Mutual Fund | 51,625 | 1.91% | ₹55.7 Cr |
 Motilal Oswal Large CapMotilal Oswal Mutual Fund | 50,000 | 1.84% | ₹53.9 Cr |
 HDFC Nifty Next 50 Index FundHDFC Mutual Fund | 46,494 | 1.91% | ₹50.2 Cr |
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 30 Oct 2025.Bajaj Holdings & Investment insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 2 pledge filings of unclear kind · 2 off-market moves
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 Holdings & Investment competitors and peers
Holding Company, 15 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Bajaj Holdings & Investment in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
 Bajaj FinservBAJAJFINSV | 2,67,224 | 26.34 | 3.43 | +14.4% | +6.5% | 13.5% | – | 2.79% | 8.00% | 0.09% |
 Choice InternationalCHOICEIN | 16,245 | 66.85 | 9.72 | +26.6% | – | 18.0% | 14.7% | – | – | 0.00% |
 Edelweiss Financial ServicesEDELWEISS | 12,011 | 19.95 | 2.60 | +14.0% | +48.0% | 13.3% | 11.3% | – | – | 1.18% |
 JM FinancialJMFINANCIL | 10,911 | 10.49 | 1.02 | −5.2% | −5.8% | 10.2% | 9.9% | – | – | 2.85% |
 Rane HoldingsRANEHOLDIN | 2,067 | 24.48 | 1.79 | +25.8% | – | 7.5% | 9.9% | – | – | 3.25% |
 BF InvestmentBFINVEST | 1,484 | 3.81 | 0.17 | +22.7% | +398.7% | 5.0% | 0.8% | – | – | 2.54% |
 Balmer Lawrie InvestmentsBLIL | 1,383 | 7.72 | 0.96 | +8.8% | +2.4% | 12.7% | 12.7% | – | – | 6.90% |
 Abans Financial ServicesAFSL | 1,030 | 8.02 | 0.82 | +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; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts or has no recent year with a balance sheet at its start and its end. 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. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments.
Dividends
Per share, by the year it was paid for, and the latest payments.Bajaj Holdings & Investment 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 glossaryHighest ₹195.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 21 Sep 2026 | Interim | ₹65.00 |
| 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 | ₹80.00 |
| 30 Jun 2026 | Special | ₹50.00 |
| 22 Sep 2025 | Interim | ₹65.00 |
| 27 Jun 2025 | Final | ₹28.00 |
| 25 Sep 2024 | Interim | ₹65.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Bajaj Holdings & Investment announcements
Oct 2026
Sep 2026
1 Sep · Address Change
Aug 2026
Bajaj Holdings & Investment share price by year
Each calendar year to 2025.Bajaj Holdings & Investment share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 11,328.00 | −4.7% | 14,523.00 | 10,314.80 |
| 2024 | 11,886.75 | +54.9% | 12,630.80 | 7,763.65 |
| 2023 | 7,674.60 | +33.7% | 8,325.60 | 5,581.15 |
| 2022 | 5,741.60 | +5.7% | 7,144.35 | 4,471.70 |
| 2021 | 5,432.05 | +76.6% | 5,578.15 | 3,108.75 |
| 2020 | 3,076.55 | −9.7% | 3,904.90 | 1,525.95 |
| 2019 | 3,406.60 | +15.5% | 3,799.95 | 2,844.90 |
| 2018 | 2,950.00 | +2.9% | 3,213.40 | 2,512.05 |
| 2017 | 2,867.35 | +57.6% | 2,977.40 | 1,825.65 |
| 2016 | 1,819.35 | +9.7% | 2,211.65 | 1,349.15 |
₹ 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 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 10,750.00 | 10,884.00 | 10,461.00 | 10,461.00 | 10,643.81 | 27,504 | 49.8% |
| 27 Oct 2026 | 11,083.00 | 11,083.00 | 10,730.00 | 10,901.00 | 10,839.42 | 84,252 | 53.8% |
| 26 Oct 2026 | 11,103.00 | 11,298.00 | 10,945.00 | 11,050.00 | 11,135.91 | 34,769 | 48.5% |
| 23 Oct 2026 | 11,243.00 | 11,299.00 | 11,029.00 | 11,175.00 | 11,146.05 | 32,493 | 40.7% |
| 22 Oct 2026 | 10,880.00 | 11,420.00 | 10,834.00 | 11,293.00 | 11,269.73 | 1,31,864 | 15.9% |
| 21 Oct 2026 | 11,138.00 | 11,255.00 | 10,924.00 | 10,975.00 | 11,051.45 | 37,259 | 55.3% |
| 19 Oct 2026 | 11,198.00 | 11,310.00 | 11,103.00 | 11,265.00 | 11,242.17 | 25,967 | 52.4% |
| 16 Oct 2026 | 11,225.00 | 11,292.00 | 11,056.00 | 11,198.00 | 11,189.56 | 26,275 | 36.3% |
| 15 Oct 2026 | 10,774.00 | 11,250.00 | 10,695.00 | 11,225.00 | 11,119.06 | 80,420 | 32.6% |
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.Demerger history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 14 Mar 2008 | Demerger | 0.3596 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
Company details
- NSE symbol
- BAJAJHLDNG
- BSE code
- 500490
- ISIN
- INE118A01012
- Industry
- Finance
- Former symbols
- BAJAJAUTO
- Website
- www.bhil.in
- CIN
- L65100PN1945PLC004656
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1945
- Registered office
- 6th Floor, Bajaj Finserv House, Off Pune - Ahmednagar Road, Viman Nagar, 411014, Maharashtra
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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