B

Bajaj Holdings & Investment Limited

BAJAJHLDNGNSE
Market snapshot · 2026-08-11 12:32 UTC

11,550.00

+₹79.00 (+0.69%)

MARKET CAP

₹1.29L Cr

STOCK P/E

14.5x

52W HIGH

₹14,763.00

52W LOW

₹8,588.00

BOOK VALUE

₹6,572.76

EPS

₹796.09

ROE

11.60%

SECTOR

Financials

DEBT/EQUITY

0.01

VOLUME

36,056

P/B RATIO

1.76x

PEG RATIO

Sector

Financials

Themes

Asset ManagementNbfcBajaj Group
D
Dividend
₹13,893.78₹12,640.87₹11,387.96₹10,135.04₹8,882.13VolumeDDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Bajaj Holdings & Investment is a non-banking financial investment and credit company. It invests in listed and unlisted securities, with returns driven by holdings across Bajaj group companies and other investments. Revenue rose 27% year-on-year, while profit increased 47.8%, indicating improved contribution from its investment portfolio. Bajaj Auto’s 30% July sales growth and ₹750 crore production-linked incentive benefit could support portfolio value, though they do not directly represent operating revenue. The company remains net-cash, with debt-to-equity of 0.01, while ROE stands at 11.6% and margins remain stable. Profit growth outpaced revenue growth, but earnings remain linked to market valuations, dividends, and portfolio-company performance. At 14.1 times earnings, the stock appears discounted relative to its growth profile and offers valuation support. However, investors must monitor holding-company discounts, concentration in Bajaj group assets, and the sustainability of gains from listed investments.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for BAJAJHLDNG.

Coverage check

Price Forecast

Current
₹11,550
High Target
Median Target
Low Target
Now₹11,550Aug '25Now12M Target
Price history (1Y)
Analyst target range

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹9,039 - ₹13,08680%
6M₹7,883 - ₹13,30480%
12M₹6,272 - ₹13,14780%
Realized vol: +28.9% · Drift: -19.9%

Revenue Forecast

₹ Cr
Jun '26Current₹386.0
Sep 2026 ETrend estimate range
High₹3,638.8Base₹3,369.2Low₹3,099.7
Sep '25: ₹2,501.0 · Dec '25: ₹281.0 · Mar '26: ₹54.0 · Jun '26: ₹386.0 · Sep '26: ₹3,369.2 · Dec '26: ₹378.5
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2,501.0281.054.0386.03,369.2378.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹30.92
Sep 2026 ETrend estimate range
High₹329.20Base₹293.92Low₹258.65
Sep '25: ₹195.95 · Dec '25: ₹16.26 · Mar '26: ₹27.89 · Jun '26: ₹30.92 · Sep '26: ₹293.92 · Dec '26: ₹24.39
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E195.9516.2627.8930.92293.9224.39
PastCurrentTrend estimate: Low / Base / High
Analyst price target unavailable from FMP/yfinance. Analyst pillar unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
52%
Analyst Consensus
Unavailable

Analyst coverage unavailable

Mean upsideNot available

Fundamentals

Weakening

Fundamentals institutional score is 41 using EVA spread proxy -0.4%; growth durability 32.1.

Valuation

Premium valuation

Valuation institutional score is 38 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Unavailable

No usable analyst target or recommendation data was available.

Technical Structure

Strong Trend

Technicals institutional score is 79 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. technical structure provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Premium valuationTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target PriceUnavailable
Mean UpsideNot available
Technical Score79%
Fundamental Score41%
Data CoverageMedium

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 11.2% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.71). Confidence: 80%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/B
Strongly Undervalued

5Y Average

1.92

Current

1.76

Overvalued

2.20

Undervalued

1.63

P/E
Overvalued

5Y Average

10.52

Current

14.51

Overvalued

14.27

Undervalued

10.34

P/S
Strongly Overvalued

5Y Average

65.86

Current

106.62

Overvalued

79.75

Undervalued

47.48

Peers & Comparison

Sector: Financials · Theme: Asset Management

Asset Management Peers7 peers
Avg P/E: 56.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ICICI PRUDENTIAL AMC LTD
ICICIAMCAsset Management
+18.1%55.5%
43.3x
Undervalued
-23% vs avg
+18.1%
HDFC AMC LIMITED
HDFCAMCAsset Management
+13.4%61.6%
36.7x
Undervalued
-35% vs avg
-6.3%
NIPPON L I A M LTD
NAM-INDIAAsset Management
+24.5%52.5%
46.4x
Undervalued
-18% vs avg
+46.9%
ADIT BIRL SUN LIF AMC LTD
ABSLAMCAsset Management
+10.6%47.6%
29.3x
Undervalued
-48% vs avg
+19.1%
TATA INVESTMENT CORP LTD
TATAINVESTAsset Management
+4.1%105.2%
80.7x
Premium
+43% vs avg
-0.2%
ANAND RATHI WEALTH LTD
ANANDRATHIAsset Management
+52.1%33.2%
78.5x
Premium
+39% vs avg
+54.7%
+208.2%55.0%
79.5x
Premium
+41% vs avg
-22.3%
WHY THESE PEERS

BAJAJ HOLDINGS & INVS LTD trades at a discount (14.5x vs peer avg 56.3x), suggesting potential undervaluation relative to the Asset Management cohort. Peers include ICICI PRUDENTIAL AMC LTD, HDFC AMC LIMITED, NIPPON L I A M LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹386 CrJun 2026

Latest net profit

₹344 CrJun 2026

Latest EPS

₹30.92Jun 2026

Net margin

87.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%25.0%50.0%75.0%100.0%0.00 Cr650 Cr1.30K Cr1.95K Cr2.60K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr650 Cr1.30K Cr1.95K Cr2.60K Cr₹0₹50₹100₹150₹200
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr100 Cr200 Cr300 Cr400 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-9.50K Cr0.00 Cr9.50K Cr19.00K Cr28.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +981,6641011,2491261,1291201382952,50128154386
Expenses +32283131414429404042403652
Operating Profit671,636701,218841,08591982552,45924118334
OPM %68%98%70%98%67%96%76%71%87%98%86%34%87%
Other Income +15152410141431291,99613131525
Interest1111000000000
Depreciation88888888888811
Profit before tax731,643861,219901,0901141192,2432,46424525349
Tax %25%4%23%1%26%4%26%24%9%11%26%-1,141%1%
Net Profit +551,571661,204661,05184912,0362,181181310344
EPS in Rs4.97141.185.89108.225.9394.457.558.15182.92195.9516.2627.8930.92
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +51.46%51.46%51.46%51.46%51.46%
FIIs +10.31%10.33%10.26%9.62%9.47%
DIIs +7.45%7.31%7.31%8.08%8.26%
Public +30.78%30.90%30.97%30.85%30.80%
Others0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

Aug 03, 2026PDFCompany Reports Open

Shareholder Meeting / Postal Ballot-Outcome of AGM

Jul 31, 2026PDFCompany Reports Open

Consideration Of Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30 June 2026

Jul 31, 2026PDFCompany Reports Open

Board Meeting Outcome for Outcome Of Board Meeting For Consideration Of Unaudited Standalone And Consolidated Financial Results For Quarter Ended 30 June 2026

Jul 31, 2026PDFCompany Reports Open