Loading live market data…
Loading live market data…
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
Bajaj Finserv Ltd., through its subsidiaries, provides financial services in India. The company operates through Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others segments. It offers personal, home, business, gold, loan for doctors and lawyers; loan against properties, securities, car, fixed deposit, insurance policy, mutual funds, and shares; unsecured and secured loans to small and medium-sized enterprises; two- and three-wheeler loans; used car and tractor loan; financing for products, such as consumer electronics, digital, furniture, e-commerce purchases and retail spends; developer financing; and lease rental discounting products. The company also provides investment products, including fixed deposits, stock trading, and mutual funds; savings products; life, health, motor, fire, engineering, liabilities, marine, crop, car, two-wheeler, pet, home, travel, and personal accident insurance products; wealth management and retirement planning services; healthcare services comprising wellness, outpatient, and inpatient services; and credit cards. In addition, it owns and operates 138 windmills with total installed capacity of 65.2 megawatts. Bajaj Finserv Ltd. was incorporated in 2007 and is based in Pune, India.
How the price compares to earnings, assets and cash generation.
You are paying 27.4 years of current profit for each share. The earnings yield is 3.7%. The tracked Banking & Finance median is 20.4× (n=15), so this trades richer than its peers.
The market values the company at 3.6× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
Pays 0.08% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Based on the next-year earnings estimate — 18.3× against 27.4× trailing. A forward P/E well below trailing is pricing in an earnings jump; treat the forecast with caution.
You pay 1.8× annual sales. Useful when earnings are depressed or negative and P/E breaks down — but a high multiple needs high margins to justify it.
Returns on capital and margins, the numerical shadow of a moat.
Not available.
Not available.
Keeps ₹40.2 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Keeps ₹51.5 of gross profit per ₹100 of sales, before operating costs. A high, stable gross margin is the clearest single sign of pricing power.
Leverage and liquidity. This is where fragility shows up first.
Lenders have put in 2.56× as much as the owners. Interest is owed whether or not customers show up. Note that banks and NBFCs are structurally leveraged and this rule does not apply to them.
Not available.
Not available.
Against cash of ₹9079.05 Cr. Net debt is what matters, not gross borrowings.
Not available.
Revenue and earnings momentum, and how the two compare.
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
Profits are growing slower than sales, meaning margins are compressing. The company may be buying its growth.
EBITDA of ₹58739.46 Cr and operating cash flow of —.
Not available.
The figures quoted per share, and how much profit is handed back to owners.
₹63.24 of profit earned per share over the last twelve months. Price divided by this is the trailing P/E.
The accounting net worth behind each share is ₹487.35; price-to-book compares the market price with this.
Pays out 2% of profit as dividends and retains the rest. Above roughly 85% leaves little to reinvest and is hard to sustain through a weak year.
Market cap plus net debt — closer to what an acquirer actually pays. Against a market cap of ₹2,77,258 Cr.
Nine yes/no tests of profitability, funding and efficiency across the last two years; higher is stronger. A test is dropped only where the data is missing, so the score is out of 7.
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹1,37,148 Cr | ₹1,20,701 Cr | ₹99880.07 Cr | ₹73845.92 Cr |
| Cost of revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating expenses | — | — | — | — |
| Operating income | — | — | — | — |
| Interest expense | ₹28231.78 Cr | ₹24309.70 Cr | ₹18399.51 Cr | ₹12201.42 Cr |
| Pre-tax income | ₹26883.15 Cr | ₹23748.21 Cr | ₹21375.03 Cr | ₹16811.13 Cr |
| Tax | ₹7213.68 Cr | ₹6190.57 Cr | ₹5779.67 Cr | ₹4601.59 Cr |
| Net profit | ₹9800.97 Cr | ₹8872.31 Cr | ₹8147.79 Cr | ₹6417.28 Cr |