Bajaj Finance share price
NSE: BAJFINANCEBSE: 500034FinanceLarge Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹917.25.
29 Oct: open ₹915.00, high ₹943.30, low ₹908.75
- 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
- ₹5,84,555 Cr7th 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
- 26.95
- 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
- 4.75
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.64%
- 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.
- 19.2%
- 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
- 9.08%
- 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
- 7.20%
- 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
- 3.77%
- 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
- 4.75times 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
- 86,59,75360.3% delivered
About Bajaj Finance
Bajaj Finance Limited is a deposit-taking non-banking financial company (NBFC, a lender that is not a bank) registered with the Reserve Bank of India.1 It lends to individuals, micro, small and medium businesses (MSMEs) and companies in urban and rural India, takes deposits and runs a payments business.1
It focuses on 11 broad categories: consumer lending, personal loans, MSME lending, wheels financing (vehicle loans), rural lending, gold loans, microfinance, commercial lending, loans against securities, deposits, and partnerships and services.2 Its consumer finance business lends for purchases of consumer electronics, furniture, digital products, two-wheelers, lifestyle products and e-commerce goods.3 Its listed subsidiary Bajaj Housing Finance Limited offers home loans, loans against property, lease rental discounting (loans repaid from a property's rent), developer finance and unsecured loans.45 Its wholly owned subsidiary Bajaj Financial Securities Limited is a stockbroker and depository participant.67
It was incorporated on 25 March 1987 to finance two- and three-wheelers, and its shares were listed on the Bombay Stock Exchange on 7 June 1994 and on the National Stock Exchange on 1 April 2003.8 It later moved into consumer, MSME, commercial and rural lending, payments and deposits.7
The company is a subsidiary of Bajaj Finserv Limited and part of the Bajaj Group, founded in 1926; the promoter group held 54.67% of its shares on 30 September 2026.7910
Bajaj Finance key points
Results
- Consolidated net total income (interest earned less interest paid, plus fees) rose 23% to ₹15,974 crore in the quarter to Sep 2026, from ₹12,982 crore a year earlier.11
- In the same quarter, pre-provisioning operating profit (profit before loan-loss charges and tax) rose 23% to ₹10,699 crore, consolidated profit before tax 29% to ₹8,537 crore and profit after tax 29% to ₹6,367 crore.12
- In the year to Mar 2026, consolidated net total income, as the company presents it, rose 21% to ₹53,324 crore and profit after tax 15% to ₹19,332 crore, or 24% to ₹20,689 crore before one-time actions (extra loan-loss provision, a one-off item).1314
- Annualised return on equity (profit as a share of shareholders' funds) was 20.6% in the quarter to Sep 2026, against 19.1% a year earlier.15
Market position
Loan book and deposits
- Consolidated assets under management (AUM, loans the group manages) were ₹584,624 crore at the end of September 2026, up 26% from ₹462,261 crore a year earlier.18
- Consolidated lending AUM by business19
Item end of Sep 2026 Mortgages (loans against homes and property) 32% Urban lending 30% MSME (small and medium businesses) 13% Commercial (companies) 13% Rural lending 12% - Deposits were ₹69,754 crore at the end of September 2026, 14% of consolidated borrowings.20
Asset quality and capital
- On a consolidated basis, gross non-performing assets (loans whose repayments have stopped) were 1.06% of loans and net NPAs (after provisions) 0.42% at the end of September 2026, against 1.24% and 0.60% a year earlier.21
- Stage 2 and 3 loans (loans showing stress or in default) rose ₹1,601 crore in the quarter to Sep 2026 to 2.02% of loans, from 1.87% in the quarter to Jun 2026; ₹1,047 crore of the rise came from gold loan schemes no longer offered.22
- Loan losses and provisions were ₹2,166 crore in the quarter to Sep 2026, against ₹2,080 crore a year earlier, and included a ₹337 crore management and macro-economic provision.23
- On a standalone basis, Bajaj Finance's capital adequacy (capital held against risk-weighted loans) was 20.33% at the end of September 2026; its long-term borrowing is rated AAA (the top grade) with a stable outlook by CRISIL, ICRA, CARE and India Ratings.2425
Branches and reach
- The company had 4,091 locations at the end of September 2026, 1,515 of them urban and 2,576 rural.2627
- Its customer franchise (the customers it has served) was 128.85 million at the end of September 2026, with 4.42 million added in the quarter.28
- The company stated in its annual report for the year to Mar 2026 that its long-range strategy aims for 4,600 to 4,900 locations by Mar 2030, against 4,098 in the year to Mar 2026.29
Subsidiaries
- Bajaj Housing Finance. Its AUM grew 25% to ₹158,205 crore at the end of September 2026, and its profit after tax rose 18% to ₹757 crore in the quarter.3031
- Bajaj Financial Securities. Its AUM rose 59% to ₹12,058 crore at the end of September 2026, and its profit after tax rose 36% to ₹64 crore in the quarter.32
- On its earnings call of 30 Jul 2026, the company said it plans to bring its holding in Bajaj Housing Finance down from 86.7% to 75%, with no date given, and that this would most likely come before any capital raise.33
What the company expects
- In its presentation of 19 Oct 2026, the company said it expects to disburse 60 to 62 million new loans and add 18 to 20 million new customers in the year to Mar 2027.34
- In its presentation of 19 Oct 2026, the company said it expects to end the year to Mar 2027 with 2,700 to 2,800 gold loan branches and 520 to 550 microfinance branches, and plans to open 150 to 175 new locations.35
- In its presentation of 19 Oct 2026, the company set consolidated corridors (ranges it aims to stay within) of 23% to 25% AUM growth, 23% to 24% profit growth, gross NPAs below 1.4%, net NPAs below 0.5% and return on equity of 19% to 21%.36
Recent events
- On 1 Oct 2026, the board approved raising up to ₹11,700 crore through a qualified institutions placement (a share sale to institutions) and up to ₹5,800 crore through warrants (rights to buy shares later) issued to Bajaj Finserv Limited, subject to regulatory and shareholder approvals.3738
- On 2 Dec 2025, the company sold 166,600,000 Bajaj Housing Finance shares in a bulk deal, towards minimum public shareholding rules, cutting its stake from 88.75% to 86.70% and booking a gain of ₹1,416 crore.39
Last updated
All 39 sources, each with its page
- 1. Annual report, 7 Jul 2026, page 66
- 2. Annual report, 7 Jul 2026, page 69
- 3. Annual report, 7 Jul 2026, page 77
- 4. Annual report, 7 Jul 2026, page 419
- 5. Annual report, 7 Jul 2026, page 20
- 6. Annual report, 7 Jul 2026, page 176
- 7. Annual report, 7 Jul 2026, page 66
- 8. Annual report, 7 Jul 2026, page 66
- 9. Annual report, 7 Jul 2026, page 41
- 10. Investor presentation, 19 Oct 2026, page 25
- 11. Investor presentation, 19 Oct 2026, page 7
- 12. Investor presentation, 19 Oct 2026, page 8
- 13. Annual report, 7 Jul 2026, page 70
- 14. Annual report, 7 Jul 2026, page 66
- 15. Investor presentation, 19 Oct 2026, page 8
- 16. Annual report, 7 Jul 2026, page 106
- 17. Annual report, 7 Jul 2026, page 41
- 18. Investor presentation, 19 Oct 2026, page 6
- 19. Investor presentation, 19 Oct 2026, page 24
- 20. Investor presentation, 19 Oct 2026, page 6
- 21. Investor presentation, 19 Oct 2026, page 8
- 22. Investor presentation, 19 Oct 2026, page 7
- 23. Investor presentation, 19 Oct 2026, page 7
- 24. Investor presentation, 19 Oct 2026, page 29
- 25. Investor presentation, 19 Oct 2026, page 31
- 26. Investor presentation, 19 Oct 2026, page 6
- 27. Investor presentation, 19 Oct 2026, page 29
- 28. Investor presentation, 19 Oct 2026, page 6
- 29. Annual report, 7 Jul 2026, page 72
- 30. Investor presentation, 19 Oct 2026, page 15
- 31. Investor presentation, 19 Oct 2026, page 17
- 32. Investor presentation, 19 Oct 2026, page 19
- 33. Earnings call, 30 Jul 2026, page 14
- 34. Investor presentation, 19 Oct 2026, page 6
- 35. Investor presentation, 19 Oct 2026, page 6
- 36. Investor presentation, 19 Oct 2026, page 23
- 37. Exchange filing, 1 Oct 2026, page 1
- 38. Exchange filing, 1 Oct 2026, page 3
- 39. Annual report, 7 Jul 2026, page 69
Results
Consolidated; ₹ crore. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Bajaj Finance 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.
- +18.8%
- 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.
- +18.5%
Quarter to Sep 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.
- ₹24,546 Crup 5.96%
- 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
- ₹6,367 Crup 4.70%
Income from operations by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Income from operations | 18,035 | 18,457 | 19,524 | 20,179 | 21,214 | 21,606 | 23,165 | 24,546 |
| Net profit | 4,308 | 4,546 | 4,765 | 4,948 | 4,066 | 5,553 | 6,081 | 6,367 |
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.
- ₹81,982 Crup 17.65%
- 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.
- ₹19,332 Crup 15.21%
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 | 9,977 | 13,442 | 18,485 | 26,374 | 26,668 | 31,632 | 41,397 | 54,969 | 69,684 | 81,982 |
| Net profit | 1,836 | 2,674 | 3,995 | 5,264 | 4,420 | 7,028 | 11,508 | 14,451 | 16,779 | 19,332 |
Business segments
In the year to Mar 2026 the company reports one business segment, NBFC, which carries all its revenue.
Valuation
Today, against the company's own history.Bajaj Finance PE ratio and valuation
At or below today's level on 3% of 2,467 trading days over the last 10 years.
At or below today's level on 1% of 1,975 trading days since Oct 2018.
At or below today's level on 97% of 2,455 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 | −9.6% | +13.8% | −21.2% | 0.7% |
| 3 years | +13.2% | +17.1% | −3.9% | 0.6% |
| 5 years | +9.8% | +33.0% | −17.8% | 0.5% |
Mutual fund holdings
509 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 169 of the 253 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. 3 more funds filed their first portfolio on record, holding it.All 509 funds holding Bajaj Finance
- 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.
- 2
- 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.
- 8
- AddedAdded. Funds that held more shares than at the end of the month before.
- 170
- CutCut. Funds that held fewer shares than at the end of the month before.
- 83
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 243
- 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
- 4
| Fund | |||
|---|---|---|---|
| 5,29,22,968 | 2.50% | ₹5,077.4 Cr | |
| 4,70,00,000 | 8.99% | ₹4,509.2 Cr | |
| 3,59,73,464 | 2.99% | ₹3,457.9 Cr | |
| 2,30,00,000 | 2.56% | ₹2,206.6 Cr | |
| 1,81,49,692 | 2.50% | ₹1,741.3 Cr | |
| 1,69,89,809 | 2.50% | ₹1,630.0 Cr | |
| 1,69,51,014 | 2.99% | ₹1,629.4 Cr | |
| 1,65,34,184 | 3.09% | ₹1,586.3 Cr | |
| 1,50,49,562 | 4.94% | ₹1,443.9 Cr | |
| 1,29,63,484 | 5.53% | ₹1,243.7 Cr |
Promoter and insider buying and selling
Trades made since 30 Oct 2025.Bajaj Finance insider trading
- Promoters and promoter group13 purchases, 1 sale₹1,145 Cr₹30 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.₹1,115 Cr26 pledge filings of unclear kind
- Directors and key managers0 purchases, 1 saleNo purchase₹34 CrNet−₹34 Cr1 pledge created · 1 pledge released · 1 off-market move
- Others: no market trade · 66 pledge filings of unclear kind · 1 off-market move
Bajaj Finance competitors and peers
Non Banking Financial Company (NBFC), 277 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Bajaj Finance in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1,97,915 | 15.60 | 1.78 | +13.8% | +28.6% | 14.7% | – | 3.26% | 9.00% | 1.49% | |
| 1,38,531 | 23.22 | 2.83 | – | – | 14.0% | – | – | – | 0.17% | |
| 1,37,562 | 22.11 | 3.98 | +21.1% | +33.9% | 20.6% | – | 2.34% | 6.79% | 0.12% | |
| 1,00,251 | 8.81 | 2.56 | +50.7% | +84.8% | 33.2% | – | 6.46% | 12.81% | 1.20% | |
| 51,389 | 19.70 | 2.99 | +5.8% | +36.0% | 16.3% | – | 3.29% | 11.24% | 0.46% | |
| 44,127 | 23.24 | 1.43 | – | – | 6.5% | – | – | – | 0.59% | |
| 43,868 | 19.76 | 2.95 | +13.7% | +15.6% | 15.8% | – | 2.56% | 4.60% | 1.01% | |
| 42,474 | 20.28 | 2.88 | −34.5% | −48.8% | 14.2% | 13.3% | – | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Bajaj Finance 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 | ₹6.00 |
| 30 May 2025 | Final | ₹44.00 |
| 9 May 2025 | Special | ₹12.00 |
| 21 Jun 2024 | Final | ₹36.00 |
| 30 Jun 2023 | Final | ₹30.00 |
| 30 Jun 2022 | Final | ₹20.00 |
Latest announcements
Routine notices left out.Bajaj Finance announcements
Oct 2026
26 Oct · Analysts
19 Oct
19 Oct · Management
19 Oct · Results
16 Oct · Analysts
Bajaj Finance share price by year
Each calendar year to 2025.Bajaj Finance share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 986.80 | +44.6% | 1,094.15 | 693.53 |
| 2024 | 682.30 | −6.9% | 776.84 | 631.13 |
| 2023 | 732.78 | +11.4% | 816.86 | 553.45 |
| 2022 | 657.52 | −5.8% | 785.26 | 528.39 |
| 2021 | 697.73 | +31.8% | 792.93 | 447.96 |
| 2020 | 529.52 | +25.0% | 533.42 | 182.90 |
| 2019 | 423.48 | +60.1% | 425.27 | 245.85 |
| 2018 | 264.52 | +50.6% | 298.55 | 159.65 |
| 2017 | 175.67 | +108.6% | 196.32 | 87.01 |
| 2016 | 84.22 | +40.1% | 116.28 | 55.03 |
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 | 905.00 | 919.00 | 899.15 | 917.25 | 911.50 | 54,60,928 | 60.2% |
| 27 Oct 2026 | 916.00 | 924.00 | 907.50 | 912.00 | 914.96 | 62,33,563 | 52.2% |
| 26 Oct 2026 | 920.00 | 926.70 | 906.20 | 918.70 | 917.79 | 39,76,714 | 51.4% |
| 23 Oct 2026 | 940.00 | 949.70 | 915.40 | 928.95 | 929.65 | 62,70,760 | 51.8% |
| 22 Oct 2026 | 907.45 | 942.10 | 907.40 | 942.10 | 932.07 | 1,06,21,523 | 60.1% |
| 21 Oct 2026 | 963.70 | 968.80 | 918.70 | 926.00 | 931.88 | 1,85,57,070 | 55.7% |
| 19 Oct 2026 | 985.00 | 985.50 | 955.60 | 957.35 | 970.70 | 83,08,852 | 55.9% |
| 16 Oct 2026 | 966.00 | 982.10 | 958.50 | 982.10 | 974.60 | 78,10,809 | 65.1% |
| 15 Oct 2026 | 951.90 | 975.00 | 947.65 | 965.25 | 964.57 | 1,08,02,450 | 67.1% |
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 |
|---|---|---|---|
| 16 Jun 2025 | Bonus | 0.2000 | Holders received 4 bonus shares for every 1 held. |
| 16 Jun 2025 | Split | 0.5000 | Each share became 2. |
| 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. |
| 8 Sep 2016 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 8 Sep 2016 | Split | 0.2000 | Each share became 5. |
| 23 Jan 2013 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Company details
- NSE symbol
- BAJFINANCE
- BSE code
- 500034
- ISIN
- INE296A01032
- Industry
- Finance
- Former symbols
- BAJAUTOFIN
- CIN
- L65910MH1987PLC042961
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1987
- Registered office
- 4th 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