āagman

Not investment advice. Data and computed figures, for information only.

Bajaj Holdings & Investment Ltd

NSE: BAJAJHLDNGF&O
₹11,225.00
+₹451.00 (+4.19%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹1,20,416 Cr
CMP
₹11,225.00
52-wk High / Low
₹13,250 / 8,588
P/E
13.6
P/B
1.7
Book Value
₹6,573.0
Div Yield
1.34%
ROCE
11.0%
ROE
11.9%
Face Value
₹10
D/E
0.00

Price−7.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹11,316
√(22.5 × EPS × book value per share)
ROIC
1.2%
vs 10.0% sector median
Cash flow to profit
0.49
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−84
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
9.7%
ROE × earnings retention ratio
ROE stability
1.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.15DII +0.18
Latest quarter vs the previous one
Cash-accrual divergence
6.2%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.1x)
+Piotroski F-Score of 7/9 is in the strong band (≥7)
+PE of 13.6x is below the sector median of 20.4x
Watch-outs

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1042251081,21213427912614532539728861394
Expenses36333635614631424143413753
Operating Profit68192721,177732339610328435324724341
OPM %65.4%85.3%66.7%97.1%54.5%83.5%76.2%71.0%87.4%88.9%85.8%39.3%86.5%
Other Income1,3751,4791,6021,5631,5541,3351,6941,6953,4281,6301,8462,2782,384
Interest1111000000000
Depreciation88888888888811
Profit before tax1,4341,6621,6652,7311,6181,5591,7811,7893,7041,9762,0842,2932,714
Net Profit1,4161,5881,6452,7161,6151,5101,7501,7513,5041,6902,0182,5772,708
EPS (₹)127.19133.98147.76244.05144.70129.06157.09155.04313.27140.08181.16231.37243.18

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5244708424204314354574845221,7027391,1211,139
Expenses40422156585134106117142140180162174
Operating Profit4844296283553473013523673801,562559959965
OPM %92.4%91.3%74.6%84.5%80.5%69.2%77.0%75.8%72.8%91.8%75.6%85.5%84.7%
Other Income35782,3902,8273,0583,4513,8964,6735,9676,2249,1308,137
Interest00000134372111
Depreciation655543334343434343235
Profit before tax5134306302,7393,1703,3143,7664,2265,0127,4936,74810,0579,067
Net Profit2,0292,2652,4732,6553,0483,0803,6544,1264,9467,3656,6269,7898,993
EPS (₹)182.33203.54222.22238.54273.90268.84327.95364.41435.83652.98585.90865.89795.79

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital111111111111111111111111111111111111—
Reserves13,28215,18217,70725,09026,84127,65237,05642,73144,07154,13662,57673,039—
Borrowings0000016813611493633110—
Other Liabilities5001787168564,7978,18610,6328,91310,85112,54712,027—
Total Liabilities13,89315,47217,88925,26927,00832,72945,49053,58853,18865,16175,26685,187—
Fixed Assets544544222215193374342310278244203181—
CWIP000000000000—
Investments13,07813,27617,36424,57526,25732,06844,91452,96452,55564,71573,80884,865—
Other Assets2711,6513024785582872343143552031,254142—
Total Assets13,89315,47217,88925,26927,00832,72945,49053,58853,18865,16175,26685,187—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity8727961,147−9231,6316281,9202721,6101,7281,941−1,9574,780
Cash from Investing Activity−519−4641,019−372−1,123−163−800−308−151−137−4723,054−3,695
Cash from Financing Activity−326−391−761−110−434−536−1,028−37−1,460−1,587−1,455−1,055−1,156
Net Cash Flow27−591,406−1,40674−7292−73−141443−71

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %4.04.03.04.013.012.011.010.09.010.013.010.011.0
ROE %————————————11.9
EPS (₹)178.59182.33203.54222.22238.54273.90268.84327.95364.41435.83652.98585.90865.89
Book Value (₹)————————————6,573.0
Face Value (₹)————————————10
P/E————————————13.6
Div Yield %————————————1.34
NPM %470.0363.0474.8290.994.593.688.293.594.295.296.095.295.5
OPM %94.092.091.075.085.080.069.077.076.073.092.076.086.0
D/E0.000.000.000.000.000.000.010.000.000.000.000.000.00
P/B————————————1.7

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+9.0%
5 years+20.0%
3 years+29.0%
TTM+30.0%
Compounded profit growth
10 years+14.0%
5 years+17.0%
3 years+19.0%
TTM+27.0%
Stock price CAGR
10 years+18.0%
5 years+18.0%
3 years+17.0%
Last year−10.0%
Return on equity
10 years12.0%
5 years12.0%
3 years12.0%
Last year12.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters43.77%43.77%44.32%49.03%49.91%49.95%51.09%51.46%51.46%51.46%51.46%51.46%
FIIs15.47%15.47%15.97%14.43%15.66%14.39%12.06%12.34%11.53%10.56%9.62%9.47%
DIIs6.02%6.02%5.11%2.13%2.42%3.67%5.17%4.97%6.09%7.30%8.08%8.26%
Government————————————
Public34.73%34.73%34.60%34.41%32.01%31.99%31.68%31.22%30.90%30.69%30.85%30.80%
No. of shareholders45,94345,94346,64743,58851,33759,48362,74966,68760,77469,35483,96383,499
Change since Jun 2023 (pp)
Promoters +7.69FIIs −6.00DIIs +2.24Public −3.93

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Board Meeting Intimation for Considering And Approving Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30 September 2026Closure of Trading WindowCommunication Sent To Shareholders Regarding Tax Deduction At Source (TDS) On Interim Dividend And Updation Of Bank Account DetailsIntimation Under Regulation 42 Of The SEBI (LODR) Regulations, 2015 - Record Date
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022

Corporate actions

As of 21 Sep 2026
21 Sep 2026DIVIDENDInterim Dividend - Rs 65 Per Share—
30 Jun 2026DIVIDENDDividend - Rs 80 Per Share & Special Dividend Rs 50 Per Share—
22 Sep 2025DIVIDENDInterim Dividend - Rs 65 Per Share—
27 Jun 2025DIVIDENDDividend - Rs 28 Per Share—
25 Sep 2024DIVIDENDInterim Dividend - Rs 65 Per Share—
28 Jun 2024DIVIDENDDividend - Rs 21 Per Share—
28 Sep 2023DIVIDENDInterim Dividend - Rs 110 Per Share—
30 Jun 2023DIVIDENDDividend - Rs 13 Per Share—
22 Sep 2022DIVIDENDInterim Dividend - Rs 110 Per Share—
30 Jun 2022DIVIDENDDividend - Rs 25 Per Share—
28 Sep 2021DIVIDEND Interim Dividend - Rs 90 Per Share—
8 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 40 Per Share—
3 Mar 2020DIVIDEND Interim Dividend - Rs 40 Per Share—
11 Jul 2019DIVIDEND Annual General Meeting/ Dividend - Rs 32.50 Per Share—
5 Jul 2018DIVIDEND Annual General Meeting / Dividend- Rs 40 Per Share—
6 Jul 2017DIVIDEND Annual General Meeting/Dividend - Rs 32.50 Per Share—
14 Jul 2016DIVIDEND Annual General Meeting/ Dividend - Rs 7.50/- Per Share—
16 Mar 2016DIVIDEND Interim Dividend - Rs 25/- Per Share (Purpose Revised)—
9 Jul 2015DIVIDENDAnnual General Meeting/Dividend Rs 32.50/- Per Share—
3 Jul 2014DIVIDENDAnnual General Meeting / Dividend - Rs 30/- Per Share—
4 Jul 2013DIVIDENDAnnual General Meeting / Dividend - Rs.25/- Per Equity Share—
5 Jul 2012DIVIDENDAnnual General Meeting And Dividend - Rs.25/- Per Share—
29 Jun 2011DIVIDENDAnnual General Meeting And Dividend Rs.35/- Per Share—
8 Jul 2010DIVIDENDAnnual General Meeting / Dividend Rs 30 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman